Guangdong Electric Power Development Co Ltd

SHE:000539 China Utilities - Renewable
Market Cap
$3.40 Billion
CN¥24.98 Billion CNY
Market Cap Rank
#6804 Global
#1093 in China
Share Price
CN¥5.61
Change (1 day)
+10.00%
52-Week Range
CN¥4.26 - CN¥5.61
All Time High
CN¥7.81
Categories
Companies in China Utilities - Renewable
About

Guangdong Electric Power Development Co., Ltd., together with its subsidiaries, develops and operates electric power projects in the People's Republic of China. The company generates and sells electricity through thermal, coal-fired, natural gas, biomass, wind, solar, and hydropower sources. It also engages in development, construction, and operation of coal-fired power plants; investment of powe… Read more

Guangdong Electric Power Development Co Ltd (000539) - Net Assets

Latest net assets as of September 2025: CN¥37.47 Billion CNY

Based on the latest financial reports, Guangdong Electric Power Development Co Ltd (000539) has net assets worth CN¥37.47 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¥182.32 Billion) and total liabilities (CN¥144.85 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¥37.47 Billion
% of Total Assets 20.55%
Annual Growth Rate N/A
5-Year Change 0.61%
10-Year Change 18.99%
Growth Volatility 14.68

Guangdong Electric Power Development Co Ltd - Net Assets Trend (1991–2024)

This chart illustrates how Guangdong Electric Power Development 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 Guangdong Electric Power Development Co Ltd (1991–2024)

The table below shows the annual net assets of Guangdong Electric Power Development Co Ltd from 1991 to 2024.

Year Net Assets Change
2024-12-31 CN¥35.96 Billion +6.05%
2023-12-31 CN¥33.91 Billion +18.06%
2022-12-31 CN¥28.72 Billion -12.29%
2021-12-31 CN¥32.75 Billion -8.39%
2020-12-31 CN¥35.74 Billion +4.54%
2019-12-31 CN¥34.19 Billion +8.48%
2018-12-31 CN¥31.52 Billion +6.11%
2017-12-31 CN¥29.70 Billion +1.25%
2016-12-31 CN¥29.34 Billion -2.93%
2015-12-31 CN¥30.22 Billion +8.77%
2014-12-31 CN¥27.78 Billion +8.56%
2013-12-31 CN¥25.59 Billion +16.46%
2012-12-31 CN¥21.97 Billion +65.83%
2011-12-31 CN¥13.25 Billion +1.28%
2010-12-31 CN¥13.08 Billion +8.54%
2009-12-31 CN¥12.05 Billion +8.37%
2008-12-31 CN¥11.12 Billion -7.42%
2007-12-31 CN¥12.02 Billion +3.86%
2006-12-31 CN¥11.57 Billion +10.54%
2005-12-31 CN¥10.47 Billion +4.55%
2004-12-31 CN¥10.01 Billion +3.15%
2003-12-31 CN¥9.70 Billion +18.56%
2002-12-31 CN¥8.18 Billion -3.56%
2001-12-31 CN¥8.49 Billion +17.12%
2000-12-31 CN¥7.25 Billion +13.08%
1999-12-31 CN¥6.41 Billion +10.40%
1998-12-31 CN¥5.80 Billion +7.92%
1997-12-31 CN¥5.38 Billion +8.94%
1996-12-31 CN¥4.94 Billion +22.95%
1995-12-31 CN¥4.02 Billion +46.30%
1994-12-31 CN¥2.74 Billion +11.81%
1993-12-31 CN¥2.45 Billion --
1992-12-31 CN¥0.00 --
1991-12-31 CN¥0.00 --

Equity Component Analysis

This analysis shows how different components contribute to Guangdong Electric Power Development 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 198412100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.98 Billion 8.67%
Common Stock CN¥5.25 Billion 22.93%
Other Comprehensive Income CN¥10.75 Billion 46.96%
Other Components CN¥4.91 Billion 21.45%
Total Equity CN¥22.89 Billion 100.00%

Guangdong Electric Power Development Co Ltd Competitors by Market Cap

The table below lists competitors of Guangdong Electric Power Development Co Ltd ranked by their market capitalization.

Company Market Cap
Shanghai Moons' Elec Co Ltd
SHG:603728
 		$1.14 Billion
Weimob Inc
PINK:WEMXF
 		$1.14 Billion
Carel Industries S.p.A.
LSE:0YQA
 		$1.14 Billion
Shenzhen Overseas Chinese Town Co Ltd
SHE:000069
 		$1.14 Billion
All Ring Tech Co Ltd
TWO:6187
 		$1.14 Billion
J & J Snack Foods Corp
NASDAQ:JJSF
 		$1.14 Billion
Yantai Zhenghai Magnetic Mat
SHE:300224
 		$1.14 Billion
Indraprastha Gas Limited
NSE:IGL
 		$1.14 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guangdong Electric Power Development Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 22,141,735,460 to 22,894,682,000, a change of 752,946,540 (3.4%).
  • Net income of 964,243,000 contributed positively to equity growth.
  • Dividend payments of 2,805,642,000 reduced retained earnings.
  • Other comprehensive income increased equity by 9,248,685,421.
  • Other factors decreased equity by 6,654,339,881.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥964.24 Million +4.21%
Dividends Paid CN¥2.81 Billion -12.25%
Other Comprehensive Income CN¥9.25 Billion +40.4%
Other Changes CN¥-6.65 Billion -29.07%
Total Change CN¥- 3.40%

Book Value vs Market Value Analysis

This analysis compares Guangdong Electric Power Development 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: 1.31x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 141.48x to 1.31x 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¥0.04 CN¥5.61 x
1992-12-31 CN¥0.24 CN¥5.61 x
1993-12-31 CN¥0.78 CN¥5.61 x
1994-12-31 CN¥0.87 CN¥5.61 x
1995-12-31 CN¥0.91 CN¥5.61 x
1996-12-31 CN¥1.04 CN¥5.61 x
1997-12-31 CN¥1.13 CN¥5.61 x
1998-12-31 CN¥1.19 CN¥5.61 x
1999-12-31 CN¥1.33 CN¥5.61 x
2000-12-31 CN¥1.50 CN¥5.61 x
2001-12-31 CN¥1.91 CN¥5.61 x
2002-12-31 CN¥2.10 CN¥5.61 x
2003-12-31 CN¥2.49 CN¥5.61 x
2004-12-31 CN¥2.56 CN¥5.61 x
2005-12-31 CN¥2.65 CN¥5.61 x
2006-12-31 CN¥2.71 CN¥5.61 x
2007-12-31 CN¥2.89 CN¥5.61 x
2008-12-31 CN¥2.43 CN¥5.61 x
2009-12-31 CN¥2.92 CN¥5.61 x
2010-12-31 CN¥3.10 CN¥5.61 x
2011-12-31 CN¥2.18 CN¥5.61 x
2012-12-31 CN¥3.43 CN¥5.61 x
2013-12-31 CN¥3.65 CN¥5.61 x
2014-12-31 CN¥4.04 CN¥5.61 x
2015-12-31 CN¥4.55 CN¥5.61 x
2016-12-31 CN¥4.49 CN¥5.61 x
2017-12-31 CN¥4.46 CN¥5.61 x
2018-12-31 CN¥4.60 CN¥5.61 x
2019-12-31 CN¥4.99 CN¥5.61 x
2020-12-31 CN¥5.21 CN¥5.61 x
2021-12-31 CN¥4.42 CN¥5.61 x
2022-12-31 CN¥3.86 CN¥5.61 x
2023-12-31 CN¥4.22 CN¥5.61 x
2024-12-31 CN¥4.27 CN¥5.61 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangdong Electric Power Development 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): 4.21%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.69%
  • • Asset Turnover: 0.33x
  • • Equity Multiplier: 7.65x
  • Recent ROE (4.21%) is below the historical average (14.20%), 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 161.69% 24.88% 1.01x 6.43x CN¥190.23 Million
1992 18.82% 19.38% 0.54x 1.79x CN¥68.02 Million
1993 14.80% 32.49% 0.45x 1.01x CN¥117.90 Million
1994 13.49% 34.57% 0.38x 1.02x CN¥95.81 Million
1995 12.88% 24.55% 0.33x 1.59x CN¥82.86 Million
1996 17.04% 26.27% 0.37x 1.73x CN¥230.47 Million
1997 16.82% 25.32% 0.34x 1.97x CN¥243.86 Million
1998 18.81% 25.67% 0.35x 2.08x CN¥330.84 Million
1999 19.86% 24.28% 0.40x 2.04x CN¥414.29 Million
2000 20.49% 22.63% 0.38x 2.39x CN¥496.73 Million
2001 17.48% 19.44% 0.45x 2.01x CN¥452.50 Million
2002 17.95% 21.18% 0.48x 1.77x CN¥526.92 Million
2003 15.46% 20.22% 0.48x 1.58x CN¥430.36 Million
2004 11.70% 13.26% 0.54x 1.64x CN¥137.93 Million
2005 9.27% 9.33% 0.49x 2.03x CN¥-61.43 Million
2006 8.60% 8.53% 0.43x 2.36x CN¥-121.28 Million
2007 7.21% 6.39% 0.43x 2.63x CN¥-255.57 Million
2008 0.34% 0.25% 0.47x 2.92x CN¥-814.90 Million
2009 12.57% 9.52% 0.41x 3.25x CN¥238.17 Million
2010 7.53% 6.06% 0.37x 3.40x CN¥-250.77 Million
2011 3.49% 2.45% 0.37x 3.87x CN¥-664.34 Million
2012 10.45% 5.76% 0.45x 4.04x CN¥73.20 Million
2013 16.20% 10.01% 0.45x 3.56x CN¥1.18 Billion
2014 14.10% 10.34% 0.42x 3.24x CN¥872.97 Million
2015 13.63% 12.59% 0.36x 3.03x CN¥862.27 Million
2016 4.01% 4.13% 0.32x 3.02x CN¥-1.40 Billion
2017 3.14% 2.79% 0.38x 3.00x CN¥-1.63 Billion
2018 1.96% 1.73% 0.37x 3.03x CN¥-1.95 Billion
2019 4.38% 3.91% 0.39x 2.88x CN¥-1.47 Billion
2020 7.50% 6.11% 0.39x 3.14x CN¥-683.09 Million
2021 -12.63% -6.59% 0.39x 4.93x CN¥-5.25 Billion
2022 -14.72% -5.66% 0.40x 6.50x CN¥-5.00 Billion
2023 4.40% 1.63% 0.37x 7.28x CN¥-1.24 Billion
2024 4.21% 1.69% 0.33x 7.65x CN¥-1.33 Billion

Industry Comparison

This section compares Guangdong Electric Power Development Co Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $1,310,693,732
  • Average return on equity (ROE) among peers: -9.44%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangdong Electric Power Development Co Ltd (000539) CN¥37.47 Billion 161.69% 3.87x $1.14 Billion
Tunghsu Azure Renewable Energy Co Ltd (000040) $1.04 Billion 6.21% 1.76x $58.47 Million
Tianjin Guangyu Development Co Ltd (000537) $686.46 Million -5.69% 3.00x $875.02 Million
CECEP Solar Energy Co Ltd (000591) $513.14 Million 2.04% 4.26x $2.17 Billion
GEPIC Energy Development Co Ltd (000791) $348.18 Million 2.19% 1.06x $777.45 Million
Tieling Newcity Investment Holding Ltd (000809) $3.48 Billion 0.83% 0.78x $268.38 Million
Hubei Energy Group Co Ltd (000883) $730.62 Million 9.40% 0.33x $1.99 Billion
Fujian MinDong Electric Power Co Ltd (000993) $1.64 Billion 3.43% 1.19x $425.99 Million
Xinjiang Lixin Energy Co. Ltd. A (001258) $1.36 Billion 7.41% 2.54x $366.19 Million
Shenzhen Feima International Supply Chain Co Ltd (002210) $1.99 Billion -110.77% 7.35x $708.28 Million