Jointo Energy Investment Co Ltd Hebei
HCIG Energy Investment Co., Ltd. invests in, constructs, operates, and manages energy projects based on electricity production in China. It focuses on coal-fired thermal power generation and heating, as well as nuclear power, wind power, and hydropower. The company operates an installed capacity of 9.15 million kilowatts; an installed capacity of 700,000 kilowatts in construction; and an installe… Read more
Jointo Energy Investment Co Ltd Hebei (000600) - Net Assets
Latest net assets as of September 2025: CN¥20.57 Billion CNY
Based on the latest financial reports, Jointo Energy Investment Co Ltd Hebei (000600) has net assets worth CN¥20.57 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¥48.23 Billion) and total liabilities (CN¥27.65 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¥20.57 Billion |
| % of Total Assets | 42.66% |
| Annual Growth Rate | 20.54% |
| 5-Year Change | 19.44% |
| 10-Year Change | 39.86% |
| Growth Volatility | 72.0 |
Jointo Energy Investment Co Ltd Hebei - Net Assets Trend (1993–2024)
This chart illustrates how Jointo Energy Investment Co Ltd Hebei's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jointo Energy Investment Co Ltd Hebei (1993–2024)
The table below shows the annual net assets of Jointo Energy Investment Co Ltd Hebei from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥17.58 Billion | +40.48% |
| 2023-12-31 | CN¥12.51 Billion | +0.98% |
| 2022-12-31 | CN¥12.39 Billion | +2.10% |
| 2021-12-31 | CN¥12.14 Billion | -17.53% |
| 2020-12-31 | CN¥14.72 Billion | +6.02% |
| 2019-12-31 | CN¥13.88 Billion | +3.18% |
| 2018-12-31 | CN¥13.46 Billion | +3.55% |
| 2017-12-31 | CN¥12.99 Billion | -2.10% |
| 2016-12-31 | CN¥13.27 Billion | +5.59% |
| 2015-12-31 | CN¥12.57 Billion | +14.66% |
| 2014-12-31 | CN¥10.96 Billion | +111.60% |
| 2013-12-31 | CN¥5.18 Billion | +22.52% |
| 2012-12-31 | CN¥4.23 Billion | +3.96% |
| 2011-12-31 | CN¥4.07 Billion | -0.69% |
| 2010-12-31 | CN¥4.10 Billion | +0.66% |
| 2009-12-31 | CN¥4.07 Billion | +1.95% |
| 2008-12-31 | CN¥3.99 Billion | -5.28% |
| 2007-12-31 | CN¥4.21 Billion | +359.25% |
| 2006-12-31 | CN¥917.51 Million | +4.81% |
| 2005-12-31 | CN¥875.38 Million | +3.97% |
| 2004-12-31 | CN¥841.94 Million | +14.92% |
| 2003-12-31 | CN¥732.64 Million | +148.06% |
| 2002-12-31 | CN¥295.35 Million | -4.61% |
| 2001-12-31 | CN¥309.64 Million | -1.87% |
| 2000-12-31 | CN¥315.53 Million | +3.52% |
| 1999-12-31 | CN¥304.81 Million | -14.24% |
| 1998-12-31 | CN¥355.41 Million | +11.76% |
| 1997-12-31 | CN¥318.00 Million | +69.03% |
| 1996-12-31 | CN¥188.13 Million | +129.45% |
| 1995-12-31 | CN¥81.99 Million | +2.01% |
| 1994-12-31 | CN¥80.38 Million | +49.72% |
| 1993-12-31 | CN¥53.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jointo Energy Investment Co Ltd Hebei'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 311958588800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.12 Billion | 29.87% |
| Common Stock | CN¥1.81 Billion | 17.32% |
| Other Comprehensive Income | CN¥19.39 Million | 0.19% |
| Other Components | CN¥5.50 Billion | 52.62% |
| Total Equity | CN¥10.44 Billion | 100.00% |
Jointo Energy Investment Co Ltd Hebei Competitors by Market Cap
The table below lists competitors of Jointo Energy Investment Co Ltd Hebei ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Celltrion Pharm Inc
KQ:068760
|
$811.10 Million |
|
Mach Natural Resources LP
NYSE:MNR
|
$812.07 Million |
|
Sunshine Insurance Group Company Limited
F:E57
|
$812.67 Million |
|
MOLTEN VENTURES LS-01
F:GRW
|
$812.83 Million |
|
Medikaloka Hermina PT
JK:HEAL
|
$810.80 Million |
|
SENSIRION HOLDING
F:1Q3
|
$810.77 Million |
|
Daktronics Inc
NASDAQ:DAKT
|
$810.63 Million |
|
LG Household & Healthcare Ltd Pref
KO:051905
|
$810.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jointo Energy Investment Co Ltd Hebei's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,886,776,621 to 10,443,793,514, a change of 557,016,893 (5.6%).
- Net income of 531,160,093 contributed positively to equity growth.
- Dividend payments of 892,167,765 reduced retained earnings.
- Other comprehensive income decreased equity by 937,367,515.
- Other factors increased equity by 1,855,392,080.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥531.16 Million | +5.09% |
| Dividends Paid | CN¥892.17 Million | -8.54% |
| Other Comprehensive Income | CN¥-937.37 Million | -8.98% |
| Other Changes | CN¥1.86 Billion | +17.77% |
| Total Change | CN¥- | 5.63% |
Book Value vs Market Value Analysis
This analysis compares Jointo Energy Investment Co Ltd Hebei'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: 1.62x
- 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 150.07x to 1.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.06 | CN¥9.42 | x |
| 1994-12-31 | CN¥0.09 | CN¥9.42 | x |
| 1995-12-31 | CN¥0.09 | CN¥9.42 | x |
| 1996-12-31 | CN¥0.22 | CN¥9.42 | x |
| 1997-12-31 | CN¥0.37 | CN¥9.42 | x |
| 1998-12-31 | CN¥0.37 | CN¥9.42 | x |
| 1999-12-31 | CN¥0.36 | CN¥9.42 | x |
| 2000-12-31 | CN¥0.36 | CN¥9.42 | x |
| 2001-12-31 | CN¥0.36 | CN¥9.42 | x |
| 2002-12-31 | CN¥0.70 | CN¥9.42 | x |
| 2003-12-31 | CN¥0.73 | CN¥9.42 | x |
| 2004-12-31 | CN¥0.88 | CN¥9.42 | x |
| 2005-12-31 | CN¥0.47 | CN¥9.42 | x |
| 2006-12-31 | CN¥0.84 | CN¥9.42 | x |
| 2007-12-31 | CN¥3.74 | CN¥9.42 | x |
| 2008-12-31 | CN¥3.01 | CN¥9.42 | x |
| 2009-12-31 | CN¥3.26 | CN¥9.42 | x |
| 2010-12-31 | CN¥2.78 | CN¥9.42 | x |
| 2011-12-31 | CN¥3.19 | CN¥9.42 | x |
| 2012-12-31 | CN¥3.23 | CN¥9.42 | x |
| 2013-12-31 | CN¥3.45 | CN¥9.42 | x |
| 2014-12-31 | CN¥5.81 | CN¥9.42 | x |
| 2015-12-31 | CN¥5.91 | CN¥9.42 | x |
| 2016-12-31 | CN¥6.27 | CN¥9.42 | x |
| 2017-12-31 | CN¥5.96 | CN¥9.42 | x |
| 2018-12-31 | CN¥6.11 | CN¥9.42 | x |
| 2019-12-31 | CN¥6.40 | CN¥9.42 | x |
| 2020-12-31 | CN¥6.79 | CN¥9.42 | x |
| 2021-12-31 | CN¥5.35 | CN¥9.42 | x |
| 2022-12-31 | CN¥5.44 | CN¥9.42 | x |
| 2023-12-31 | CN¥5.51 | CN¥9.42 | x |
| 2024-12-31 | CN¥5.82 | CN¥9.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jointo Energy Investment Co Ltd Hebei 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): 5.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.26%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 4.51x
- Recent ROE (5.09%) is below the historical average (7.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 11.65% | 8.39% | 0.75x | 1.85x | CN¥880.55K |
| 1994 | 12.90% | 14.62% | 0.45x | 1.94x | CN¥2.28 Million |
| 1995 | 13.31% | 9.28% | 0.63x | 2.28x | CN¥2.67 Million |
| 1996 | 19.05% | 26.04% | 0.45x | 1.63x | CN¥16.90 Million |
| 1997 | 10.23% | 27.22% | 0.23x | 1.63x | CN¥725.52K |
| 1998 | 9.09% | 19.56% | 0.18x | 2.63x | CN¥-2.84 Million |
| 1999 | 5.82% | 17.55% | 0.17x | 1.96x | CN¥-12.73 Million |
| 2000 | 1.06% | 2.45% | 0.20x | 2.19x | CN¥-27.26 Million |
| 2001 | 0.66% | 1.24% | 0.28x | 1.91x | CN¥-28.44 Million |
| 2002 | -4.08% | -7.11% | 0.31x | 1.84x | CN¥-41.17 Million |
| 2003 | 2.93% | 3.66% | 0.07x | 10.95x | CN¥-21.68 Million |
| 2004 | 16.91% | 3.45% | 0.58x | 8.52x | CN¥25.50 Million |
| 2005 | 10.63% | 2.19% | 0.67x | 7.23x | CN¥2.54 Million |
| 2006 | 33.52% | 4.27% | 1.32x | 5.94x | CN¥101.93 Million |
| 2007 | 13.90% | 8.90% | 0.44x | 3.51x | CN¥113.03 Million |
| 2008 | 1.66% | 1.10% | 0.43x | 3.53x | CN¥-237.88 Million |
| 2009 | 2.46% | 1.50% | 0.47x | 3.48x | CN¥-218.66 Million |
| 2010 | 0.36% | 0.19% | 0.45x | 4.21x | CN¥-277.93 Million |
| 2011 | 0.50% | 0.24% | 0.38x | 5.44x | CN¥-272.60 Million |
| 2012 | 3.37% | 1.55% | 0.38x | 5.76x | CN¥-195.56 Million |
| 2013 | 23.65% | 8.59% | 0.55x | 4.97x | CN¥494.37 Million |
| 2014 | 22.73% | 18.76% | 0.43x | 2.81x | CN¥1.14 Billion |
| 2015 | 19.32% | 21.24% | 0.37x | 2.44x | CN¥986.05 Million |
| 2016 | 12.93% | 15.36% | 0.32x | 2.60x | CN¥329.48 Million |
| 2017 | 1.58% | 1.59% | 0.34x | 2.92x | CN¥-898.87 Million |
| 2018 | 3.94% | 3.09% | 0.44x | 2.91x | CN¥-663.56 Million |
| 2019 | 5.58% | 4.58% | 0.43x | 2.82x | CN¥-506.84 Million |
| 2020 | 7.87% | 6.23% | 0.45x | 2.78x | CN¥-259.49 Million |
| 2021 | -23.04% | -14.70% | 0.39x | 4.02x | CN¥-3.17 Billion |
| 2022 | 1.09% | 0.58% | 0.50x | 3.75x | CN¥-868.74 Million |
| 2023 | 1.91% | 0.96% | 0.51x | 3.89x | CN¥-800.05 Million |
| 2024 | 5.09% | 2.26% | 0.50x | 4.51x | CN¥-513.22 Million |
Industry Comparison
This section compares Jointo Energy Investment Co Ltd Hebei's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $3,141,470,381
- Average return on equity (ROE) among peers: 6.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jointo Energy Investment Co Ltd Hebei (000600) | CN¥20.57 Billion | 11.65% | 1.34x | $810.91 Million |
| Shenzhen Energy Group Co Ltd (000027) | $8.19 Billion | 8.94% | 0.37x | $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 |
| 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 |