Shenzhen Energy Group Co Ltd
Shenzhen Energy Group Co., Ltd. engages in the development, production, purchase, and sale of various conventional and new energy sources in China. It operates through Electricity Sales, Transportation, and Other segments. The company provides electricity and transportation services. It is also involved in electricity and heat production and supply, ecological protection and environmental governa… Read more
Shenzhen Energy Group Co Ltd (000027) - Net Assets
Latest net assets as of September 2025: CN¥47.73 Billion CNY
Based on the latest financial reports, Shenzhen Energy Group Co Ltd (000027) has net assets worth CN¥47.73 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥170.98 Billion) and total liabilities (CN¥123.26 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥47.73 Billion |
| % of Total Assets | 27.91% |
| Annual Growth Rate | 21.61% |
| 5-Year Change | 39.07% |
| 10-Year Change | 134.06% |
| Growth Volatility | 95.4 |
Shenzhen Energy Group Co Ltd - Net Assets Trend (1991–2024)
This chart illustrates how Shenzhen Energy Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shenzhen Energy Group Co Ltd (1991–2024)
The table below shows the annual net assets of Shenzhen Energy Group Co Ltd from 1991 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥58.20 Billion | +4.26% |
| 2023-12-31 | CN¥55.83 Billion | +2.77% |
| 2022-12-31 | CN¥54.32 Billion | +9.55% |
| 2021-12-31 | CN¥49.59 Billion | +18.48% |
| 2020-12-31 | CN¥41.85 Billion | +24.62% |
| 2019-12-31 | CN¥33.58 Billion | +22.20% |
| 2018-12-31 | CN¥27.48 Billion | +11.17% |
| 2017-12-31 | CN¥24.72 Billion | -0.42% |
| 2016-12-31 | CN¥24.83 Billion | -0.16% |
| 2015-12-31 | CN¥24.87 Billion | +22.17% |
| 2014-12-31 | CN¥20.35 Billion | +8.04% |
| 2013-12-31 | CN¥18.84 Billion | +7.35% |
| 2012-12-31 | CN¥17.55 Billion | +3.71% |
| 2011-12-31 | CN¥16.92 Billion | +3.08% |
| 2010-12-31 | CN¥16.42 Billion | +4.66% |
| 2009-12-31 | CN¥15.68 Billion | +14.66% |
| 2008-12-31 | CN¥13.68 Billion | -0.69% |
| 2007-12-31 | CN¥13.77 Billion | +68.14% |
| 2006-12-31 | CN¥8.19 Billion | +3.43% |
| 2005-12-31 | CN¥7.92 Billion | +8.72% |
| 2004-12-31 | CN¥7.29 Billion | +10.85% |
| 2003-12-31 | CN¥6.57 Billion | +21.50% |
| 2002-12-31 | CN¥5.41 Billion | +16.92% |
| 2001-12-31 | CN¥4.63 Billion | +6.31% |
| 2000-12-31 | CN¥4.35 Billion | +67.34% |
| 1999-12-31 | CN¥2.60 Billion | +8.40% |
| 1998-12-31 | CN¥2.40 Billion | +8.01% |
| 1997-12-31 | CN¥2.22 Billion | +28.90% |
| 1996-12-31 | CN¥1.72 Billion | +14.42% |
| 1995-12-31 | CN¥1.51 Billion | +14.58% |
| 1994-12-31 | CN¥1.31 Billion | +10.38% |
| 1993-12-31 | CN¥1.19 Billion | +97.66% |
| 1992-12-31 | CN¥602.40 Million | +559.73% |
| 1991-12-31 | CN¥91.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Energy Group Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 33869.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥15.29 Billion | 31.58% |
| Common Stock | CN¥4.76 Billion | 9.83% |
| Other Comprehensive Income | CN¥20.09 Billion | 41.49% |
| Other Components | CN¥8.28 Billion | 17.10% |
| Total Equity | CN¥48.42 Billion | 100.00% |
Shenzhen Energy Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Energy Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wuhan Raycus Fiber Laser Technologies Co Ltd Class A
SHE:300747
|
$1.14 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
$1.14 Billion |
|
Global Business Travel Group Inc
NYSE:GBTG
|
$1.14 Billion |
|
Shanghai Moons' Elec Co Ltd
SHG:603728
|
$1.14 Billion |
|
ACC Limited
NSE:ACC
|
$1.14 Billion |
|
All Ring Tech Co Ltd
TWO:6187
|
$1.14 Billion |
|
Zhejiang DiAn Diagnostics Co
SHE:300244
|
$1.14 Billion |
|
WATCH.O.SWITZ.GR.LS-0125
F:5WS
|
$1.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Energy Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,716,611,040 to 48,415,711,000, a change of 1,699,099,960 (3.6%).
- Net income of 2,005,149,000 contributed positively to equity growth.
- Dividend payments of 3,240,790,000 reduced retained earnings.
- Other comprehensive income increased equity by 13,971,068,588.
- Other factors decreased equity by 11,036,327,628.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.01 Billion | +4.14% |
| Dividends Paid | CN¥3.24 Billion | -6.69% |
| Other Comprehensive Income | CN¥13.97 Billion | +28.86% |
| Other Changes | CN¥-11.04 Billion | -22.79% |
| Total Change | CN¥- | 3.64% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Energy Group Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.70x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 338.72x to 0.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | CN¥0.02 | CN¥7.08 | x |
| 1992-12-31 | CN¥0.07 | CN¥7.08 | x |
| 1993-12-31 | CN¥0.18 | CN¥7.08 | x |
| 1994-12-31 | CN¥0.19 | CN¥7.08 | x |
| 1995-12-31 | CN¥0.21 | CN¥7.08 | x |
| 1996-12-31 | CN¥0.24 | CN¥7.08 | x |
| 1997-12-31 | CN¥0.33 | CN¥7.08 | x |
| 1998-12-31 | CN¥0.36 | CN¥7.08 | x |
| 1999-12-31 | CN¥0.38 | CN¥7.08 | x |
| 2000-12-31 | CN¥0.59 | CN¥7.08 | x |
| 2001-12-31 | CN¥0.59 | CN¥7.08 | x |
| 2002-12-31 | CN¥0.67 | CN¥7.08 | x |
| 2003-12-31 | CN¥0.84 | CN¥7.08 | x |
| 2004-12-31 | CN¥0.93 | CN¥7.08 | x |
| 2005-12-31 | CN¥1.04 | CN¥7.08 | x |
| 2006-12-31 | CN¥1.09 | CN¥7.08 | x |
| 2007-12-31 | CN¥2.58 | CN¥7.08 | x |
| 2008-12-31 | CN¥2.37 | CN¥7.08 | x |
| 2009-12-31 | CN¥2.74 | CN¥7.08 | x |
| 2010-12-31 | CN¥2.89 | CN¥7.08 | x |
| 2011-12-31 | CN¥3.08 | CN¥7.08 | x |
| 2012-12-31 | CN¥3.19 | CN¥7.08 | x |
| 2013-12-31 | CN¥3.43 | CN¥7.08 | x |
| 2014-12-31 | CN¥3.70 | CN¥7.08 | x |
| 2015-12-31 | CN¥4.55 | CN¥7.08 | x |
| 2016-12-31 | CN¥4.54 | CN¥7.08 | x |
| 2017-12-31 | CN¥4.51 | CN¥7.08 | x |
| 2018-12-31 | CN¥4.94 | CN¥7.08 | x |
| 2019-12-31 | CN¥6.32 | CN¥7.08 | x |
| 2020-12-31 | CN¥7.98 | CN¥7.08 | x |
| 2021-12-31 | CN¥9.52 | CN¥7.08 | x |
| 2022-12-31 | CN¥9.71 | CN¥7.08 | x |
| 2023-12-31 | CN¥9.82 | CN¥7.08 | x |
| 2024-12-31 | CN¥10.18 | CN¥7.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Energy Group Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.87%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 3.33x
- Recent ROE (4.14%) is below the historical average (13.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 66.44% | 24.15% | 0.22x | 12.65x | CN¥51.53 Million |
| 1992 | 16.07% | 13.73% | 0.12x | 9.51x | CN¥19.73 Million |
| 1993 | 10.97% | 13.37% | 0.13x | 6.23x | CN¥7.58 Million |
| 1994 | 15.41% | 10.94% | 0.22x | 6.52x | CN¥44.02 Million |
| 1995 | 15.71% | 10.95% | 0.25x | 5.81x | CN¥52.17 Million |
| 1996 | 17.34% | 11.87% | 0.29x | 5.05x | CN¥78.00 Million |
| 1997 | 8.56% | 8.82% | 0.25x | 3.82x | CN¥-20.80 Million |
| 1998 | 16.40% | 18.45% | 0.26x | 3.37x | CN¥100.55 Million |
| 1999 | 19.84% | 20.65% | 0.31x | 3.06x | CN¥162.13 Million |
| 2000 | 15.31% | 16.97% | 0.31x | 2.95x | CN¥135.90 Million |
| 2001 | 15.09% | 11.71% | 0.43x | 2.99x | CN¥132.24 Million |
| 2002 | 17.91% | 13.53% | 0.48x | 2.76x | CN¥228.73 Million |
| 2003 | 20.32% | 15.40% | 0.54x | 2.44x | CN¥375.76 Million |
| 2004 | 16.22% | 11.15% | 0.52x | 2.79x | CN¥249.82 Million |
| 2005 | 16.61% | 10.80% | 0.62x | 2.46x | CN¥297.10 Million |
| 2006 | 15.58% | 10.55% | 0.62x | 2.39x | CN¥262.34 Million |
| 2007 | 14.20% | 15.43% | 0.42x | 2.18x | CN¥472.84 Million |
| 2008 | 9.17% | 9.72% | 0.36x | 2.60x | CN¥-93.91 Million |
| 2009 | 15.32% | 17.52% | 0.38x | 2.32x | CN¥692.72 Million |
| 2010 | 10.19% | 11.26% | 0.43x | 2.11x | CN¥25.99 Million |
| 2011 | 7.75% | 7.82% | 0.46x | 2.17x | CN¥-325.85 Million |
| 2012 | 6.36% | 7.52% | 0.40x | 2.13x | CN¥-552.02 Million |
| 2013 | 8.90% | 11.76% | 0.37x | 2.05x | CN¥-178.73 Million |
| 2014 | 11.48% | 16.26% | 0.33x | 2.17x | CN¥262.93 Million |
| 2015 | 8.25% | 16.09% | 0.19x | 2.67x | CN¥-380.75 Million |
| 2016 | 6.23% | 11.90% | 0.19x | 2.82x | CN¥-813.73 Million |
| 2017 | 3.51% | 4.82% | 0.20x | 3.62x | CN¥-1.38 Billion |
| 2018 | 2.87% | 3.73% | 0.22x | 3.53x | CN¥-1.72 Billion |
| 2019 | 5.65% | 8.17% | 0.22x | 3.19x | CN¥-1.31 Billion |
| 2020 | 10.49% | 19.48% | 0.18x | 3.00x | CN¥187.76 Million |
| 2021 | 5.28% | 7.40% | 0.25x | 2.90x | CN¥-2.14 Billion |
| 2022 | 4.76% | 5.86% | 0.27x | 3.06x | CN¥-2.42 Billion |
| 2023 | 4.38% | 5.05% | 0.26x | 3.28x | CN¥-2.63 Billion |
| 2024 | 4.14% | 4.87% | 0.26x | 3.33x | CN¥-2.84 Billion |
Industry Comparison
This section compares Shenzhen Energy Group Co Ltd's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $2,328,479,424
- Average return on equity (ROE) among peers: 6.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Energy Group Co Ltd (000027) | CN¥47.73 Billion | 66.44% | 2.58x | $1.14 Billion |
| Shenzhen Nanshan Power Co Ltd (000037) | $606.17 Million | 19.16% | 0.66x | $463.41 Million |
| Guangzhou Hengyun Enterprises Holding Ltd (000531) | $425.31 Million | 6.99% | 1.07x | $362.93 Million |
| An Hui Wenergy Co Ltd (000543) | $2.32 Billion | 7.87% | 0.16x | $1.11 Billion |
| Jointo Energy Investment Co Ltd Hebei (000600) | $875.38 Million | 4.87% | 2.31x | $810.91 Million |
| Guangdong Shaoneng Group Co Ltd (000601) | $2.77 Billion | 3.03% | 1.64x | $561.99 Million |
| Tianjin Binhai Energy & Development Co Ltd (000695) | $345.13 Million | 0.89% | 2.45x | $262.05 Million |
| Shanxi Zhangze Electric Power Co Ltd (000767) | $1.84 Billion | 11.37% | 1.54x | $768.72 Million |
| Jilin Power Share Co Ltd (000875) | $10.34 Billion | 1.11% | 2.84x | $2.25 Billion |
| Jiangxi Ganneng Co Ltd (000899) | $1.43 Billion | 2.70% | 0.12x | $507.45 Million |