Guangdong Shaoneng Group Co Ltd

SHE:000601 China Utilities - Regulated Electric
Market Cap
$887.77 Million
CN¥6.51 Billion CNY
Market Cap Rank
#9674 Global
#2028 in China
Share Price
CN¥6.12
Change (1 day)
-2.86%
52-Week Range
CN¥4.70 - CN¥7.01
All Time High
CN¥11.13
Categories
Companies in China Utilities - Regulated Electric
About

GuangDong ShaoNeng Group Co., Ltd. engages in hydropower, wind power, photovoltaics, energy storage, and biomass power generation activities in China. It also engages in manufacturing of ecological plant fiber products, such as paper tableware, pulping, industrial paper, household paper, and base paper (papermaking); electricity sales; and manufactures precision (intelligent) products, such as pr… Read more

Guangdong Shaoneng Group Co Ltd (000601) - Net Assets

Latest net assets as of September 2025: CN¥4.45 Billion CNY

Based on the latest financial reports, Guangdong Shaoneng Group Co Ltd (000601) has net assets worth CN¥4.45 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¥13.13 Billion) and total liabilities (CN¥8.68 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¥4.45 Billion
% of Total Assets 33.88%
Annual Growth Rate 7.71%
5-Year Change -7.92%
10-Year Change 10.93%
Growth Volatility 13.65

Guangdong Shaoneng Group Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Guangdong Shaoneng 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 Guangdong Shaoneng Group Co Ltd (1995–2024)

The table below shows the annual net assets of Guangdong Shaoneng Group Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.66 Billion +0.96%
2023-12-31 CN¥4.61 Billion -5.58%
2022-12-31 CN¥4.88 Billion -2.82%
2021-12-31 CN¥5.03 Billion -0.61%
2020-12-31 CN¥5.06 Billion -1.07%
2019-12-31 CN¥5.11 Billion +6.19%
2018-12-31 CN¥4.81 Billion +1.55%
2017-12-31 CN¥4.74 Billion +5.38%
2016-12-31 CN¥4.50 Billion +7.16%
2015-12-31 CN¥4.20 Billion +5.02%
2014-12-31 CN¥4.00 Billion +7.20%
2013-12-31 CN¥3.73 Billion +10.68%
2012-12-31 CN¥3.37 Billion +3.63%
2011-12-31 CN¥3.25 Billion +1.66%
2010-12-31 CN¥3.20 Billion +1.54%
2009-12-31 CN¥3.15 Billion +0.03%
2008-12-31 CN¥3.15 Billion -6.00%
2007-12-31 CN¥3.35 Billion +20.95%
2006-12-31 CN¥2.77 Billion +2.08%
2005-12-31 CN¥2.71 Billion +4.37%
2004-12-31 CN¥2.60 Billion +17.16%
2003-12-31 CN¥2.22 Billion +7.47%
2002-12-31 CN¥2.06 Billion +4.95%
2001-12-31 CN¥1.97 Billion +5.83%
2000-12-31 CN¥1.86 Billion +43.78%
1999-12-31 CN¥1.29 Billion +6.82%
1998-12-31 CN¥1.21 Billion +36.90%
1997-12-31 CN¥884.16 Million +6.76%
1996-12-31 CN¥828.16 Million +53.21%
1995-12-31 CN¥540.55 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangdong Shaoneng 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 3205.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥726.00 Million 16.85%
Common Stock CN¥1.08 Billion 25.08%
Other Comprehensive Income CN¥966.29 Million 22.43%
Other Components CN¥1.54 Billion 35.64%
Total Equity CN¥4.31 Billion 100.00%

Guangdong Shaoneng Group Co Ltd Competitors by Market Cap

The table below lists competitors of Guangdong Shaoneng Group Co Ltd ranked by their market capitalization.

Company Market Cap
Evergreen Aviation Tech Corp
TW:2645
 		$561.99 Million
FTAI Infrastructure Inc.
NASDAQ:FIP
 		$562.31 Million
People & Technology Inc
KQ:137400
 		$562.32 Million
Thunder Tiger Corp
TW:8033
 		$562.67 Million
Tamboran Resources Corporation
NYSE:TBN
 		$561.72 Million
Paradeep Phosphates Limited
NSE:PARADEEP
 		$561.48 Million
Elsight Ltd
AU:ELS
 		$561.34 Million
Beazer Homes USA Inc
NYSE:BZH
 		$561.31 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,282,086,839 to 4,308,496,583, a change of 26,409,744 (0.6%).
  • Net income of 76,697,905 contributed positively to equity growth.
  • Dividend payments of 255,125,383 reduced retained earnings.
  • Share repurchases of 46,630,246 reduced equity.
  • Other comprehensive income increased equity by 965,323,275.
  • Other factors decreased equity by 713,855,807.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥76.70 Million +1.78%
Dividends Paid CN¥255.13 Million -5.92%
Share Repurchases CN¥46.63 Million -1.08%
Other Comprehensive Income CN¥965.32 Million +22.41%
Other Changes CN¥-713.86 Million -16.57%
Total Change CN¥- 0.62%

Book Value vs Market Value Analysis

This analysis compares Guangdong Shaoneng 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: 1.56x
  • 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 14.83x to 1.56x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.41 CN¥6.12 x
1996-12-31 CN¥0.74 CN¥6.12 x
1997-12-31 CN¥0.82 CN¥6.12 x
1998-12-31 CN¥1.17 CN¥6.12 x
1999-12-31 CN¥1.25 CN¥6.12 x
2000-12-31 CN¥1.89 CN¥6.12 x
2001-12-31 CN¥1.94 CN¥6.12 x
2002-12-31 CN¥2.03 CN¥6.12 x
2003-12-31 CN¥2.18 CN¥6.12 x
2004-12-31 CN¥2.59 CN¥6.12 x
2005-12-31 CN¥2.65 CN¥6.12 x
2006-12-31 CN¥3.44 CN¥6.12 x
2007-12-31 CN¥3.28 CN¥6.12 x
2008-12-31 CN¥3.05 CN¥6.12 x
2009-12-31 CN¥2.89 CN¥6.12 x
2010-12-31 CN¥3.17 CN¥6.12 x
2011-12-31 CN¥3.15 CN¥6.12 x
2012-12-31 CN¥3.42 CN¥6.12 x
2013-12-31 CN¥3.48 CN¥6.12 x
2014-12-31 CN¥3.46 CN¥6.12 x
2015-12-31 CN¥3.65 CN¥6.12 x
2016-12-31 CN¥3.93 CN¥6.12 x
2017-12-31 CN¥4.10 CN¥6.12 x
2018-12-31 CN¥4.18 CN¥6.12 x
2019-12-31 CN¥4.40 CN¥6.12 x
2020-12-31 CN¥4.35 CN¥6.12 x
2021-12-31 CN¥4.32 CN¥6.12 x
2022-12-31 CN¥4.21 CN¥6.12 x
2023-12-31 CN¥4.02 CN¥6.12 x
2024-12-31 CN¥3.93 CN¥6.12 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangdong Shaoneng 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): 1.78%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.73%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 2.97x
  • Recent ROE (1.78%) is below the historical average (5.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 15.24% 13.55% 0.54x 2.07x CN¥19.68 Million
1996 10.70% 15.34% 0.40x 1.74x CN¥4.70 Million
1997 13.91% 23.50% 0.23x 2.52x CN¥29.16 Million
1998 11.38% 22.80% 0.27x 1.87x CN¥14.75 Million
1999 11.12% 20.19% 0.31x 1.76x CN¥12.70 Million
2000 7.46% 23.43% 0.21x 1.49x CN¥-43.70 Million
2001 7.43% 21.39% 0.20x 1.71x CN¥-45.34 Million
2002 6.46% 15.30% 0.22x 1.91x CN¥-65.38 Million
2003 6.96% 15.52% 0.22x 2.03x CN¥-60.40 Million
2004 3.42% 7.32% 0.22x 2.16x CN¥-154.64 Million
2005 4.37% 6.74% 0.25x 2.62x CN¥-135.92 Million
2006 3.45% 4.71% 0.24x 3.01x CN¥-158.99 Million
2007 3.05% 4.69% 0.24x 2.72x CN¥-207.58 Million
2008 -2.95% -3.73% 0.27x 2.90x CN¥-368.42 Million
2009 1.39% 2.38% 0.20x 2.93x CN¥-248.55 Million
2010 2.52% 3.50% 0.25x 2.86x CN¥-219.87 Million
2011 2.86% 4.07% 0.26x 2.72x CN¥-214.92 Million
2012 4.38% 6.37% 0.25x 2.72x CN¥-175.48 Million
2013 5.74% 8.85% 0.27x 2.41x CN¥-153.37 Million
2014 6.93% 8.70% 0.35x 2.28x CN¥-115.81 Million
2015 7.12% 9.35% 0.35x 2.15x CN¥-113.70 Million
2016 10.42% 13.77% 0.36x 2.09x CN¥17.84 Million
2017 10.00% 12.40% 0.39x 2.06x CN¥187.87K
2018 6.70% 8.84% 0.34x 2.22x CN¥-148.95 Million
2019 8.44% 9.31% 0.38x 2.36x CN¥-74.41 Million
2020 4.56% 4.32% 0.39x 2.70x CN¥-255.71 Million
2021 0.86% 1.01% 0.31x 2.77x CN¥-427.16 Million
2022 -1.82% -2.14% 0.29x 2.89x CN¥-537.07 Million
2023 -6.21% -6.47% 0.31x 3.05x CN¥-694.24 Million
2024 1.78% 1.73% 0.35x 2.97x CN¥-354.15 Million

Industry Comparison

This section compares Guangdong Shaoneng 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: $2,930,983,634
  • Average return on equity (ROE) among peers: 7.10%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangdong Shaoneng Group Co Ltd (000601) CN¥4.45 Billion 15.24% 1.95x $561.99 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
Jointo Energy Investment Co Ltd Hebei (000600) $875.38 Million 4.87% 2.31x $810.91 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