Guangdong Shaoneng Group Co Ltd (000601) - Net Assets
Based on the latest financial reports, Guangdong Shaoneng Group Co Ltd (000601) has net assets worth CN¥4.39 Billion CNY (≈ $642.78 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥13.33 Billion ≈ $1.95 Billion USD) and total liabilities (CN¥8.94 Billion ≈ $1.31 Billion USD). 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. Check tangible equity quality of Guangdong Shaoneng Group Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.39 Billion |
| % of Total Assets | 32.96% |
| Annual Growth Rate | 7.21% |
| 5-Year Change | -13.29% |
| 10-Year Change | -3.11% |
| Growth Volatility | 13.69 |
Guangdong Shaoneng Group Co Ltd - Net Assets Trend (1995–2025)
This chart illustrates how Guangdong Shaoneng Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Guangdong Shaoneng Group Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Guangdong Shaoneng Group Co Ltd (1995–2025)
The table below shows the annual net assets of Guangdong Shaoneng Group Co Ltd from 1995 to 2025. For live valuation and market cap data, see Guangdong Shaoneng Group Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.36 Billion ≈ $637.77 Million |
-6.40% |
| 2024-12-31 | CN¥4.66 Billion ≈ $681.39 Million |
+0.96% |
| 2023-12-31 | CN¥4.61 Billion ≈ $674.91 Million |
-5.58% |
| 2022-12-31 | CN¥4.88 Billion ≈ $714.77 Million |
-2.82% |
| 2021-12-31 | CN¥5.03 Billion ≈ $735.52 Million |
-0.61% |
| 2020-12-31 | CN¥5.06 Billion ≈ $740.01 Million |
-1.07% |
| 2019-12-31 | CN¥5.11 Billion ≈ $747.99 Million |
+6.19% |
| 2018-12-31 | CN¥4.81 Billion ≈ $704.42 Million |
+1.55% |
| 2017-12-31 | CN¥4.74 Billion ≈ $693.68 Million |
+5.38% |
| 2016-12-31 | CN¥4.50 Billion ≈ $658.25 Million |
+7.16% |
| 2015-12-31 | CN¥4.20 Billion ≈ $614.28 Million |
+5.02% |
| 2014-12-31 | CN¥4.00 Billion ≈ $584.94 Million |
+7.20% |
| 2013-12-31 | CN¥3.73 Billion ≈ $545.66 Million |
+10.68% |
| 2012-12-31 | CN¥3.37 Billion ≈ $493.01 Million |
+3.63% |
| 2011-12-31 | CN¥3.25 Billion ≈ $475.75 Million |
+1.66% |
| 2010-12-31 | CN¥3.20 Billion ≈ $468.00 Million |
+1.54% |
| 2009-12-31 | CN¥3.15 Billion ≈ $460.92 Million |
+0.03% |
| 2008-12-31 | CN¥3.15 Billion ≈ $460.80 Million |
-6.00% |
| 2007-12-31 | CN¥3.35 Billion ≈ $490.20 Million |
+20.95% |
| 2006-12-31 | CN¥2.77 Billion ≈ $405.30 Million |
+2.08% |
| 2005-12-31 | CN¥2.71 Billion ≈ $397.04 Million |
+4.37% |
| 2004-12-31 | CN¥2.60 Billion ≈ $380.41 Million |
+17.16% |
| 2003-12-31 | CN¥2.22 Billion ≈ $324.71 Million |
+7.47% |
| 2002-12-31 | CN¥2.06 Billion ≈ $302.15 Million |
+4.95% |
| 2001-12-31 | CN¥1.97 Billion ≈ $287.89 Million |
+5.83% |
| 2000-12-31 | CN¥1.86 Billion ≈ $272.04 Million |
+43.78% |
| 1999-12-31 | CN¥1.29 Billion ≈ $189.20 Million |
+6.82% |
| 1998-12-31 | CN¥1.21 Billion ≈ $177.12 Million |
+36.90% |
| 1997-12-31 | CN¥884.16 Million ≈ $129.38 Million |
+6.76% |
| 1996-12-31 | CN¥828.16 Million ≈ $121.19 Million |
+53.21% |
| 1995-12-31 | CN¥540.55 Million ≈ $79.10 Million |
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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 2526.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥576.82 Million | 14.03% |
| Other Components | CN¥3.53 Billion | 85.97% |
| Total Equity | CN¥4.11 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 |
|---|---|
|
Henan Yicheng New Energy Co Ltd
SHE:300080
|
$1.10 Billion |
|
PharmaBlock Sciences Nanjing Inc Class A
SHE:300725
|
$1.10 Billion |
|
WAVE LIFE SCIENCES LTD.
F:1U5
|
$1.10 Billion |
|
CAP S.A
SN:CAP
|
$1.10 Billion |
|
Strive Asset Management
NASDAQ:ASST
|
$1.10 Billion |
|
SFL Corporation Ltd
NYSE:SFL
|
$1.10 Billion |
|
Beijing E Hualu Info Tech
SHE:300212
|
$1.10 Billion |
|
Collegium Pharmaceutical Inc
NASDAQ:COLL
|
$1.10 Billion |
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 2024 to 2025, total equity changed from 4,308,496,583 to 4,110,991,311, a change of -197,505,272 (-4.6%).
- Net income of 107,161,627 contributed positively to equity growth.
- Dividend payments of 413,957,057 reduced retained earnings.
- Other comprehensive income decreased equity by 966,290,605.
- Other factors increased equity by 1,075,580,764.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥107.16 Million | +2.61% |
| Dividends Paid | CN¥413.96 Million | -10.07% |
| Other Comprehensive Income | CN¥-966.29 Million | -23.51% |
| Other Changes | CN¥1.08 Billion | +26.16% |
| Total Change | CN¥- | -4.58% |
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: 1.82x
- 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 17.05x to 1.82x 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¥7.04 | x |
| 1996-12-31 | CN¥0.74 | CN¥7.04 | x |
| 1997-12-31 | CN¥0.82 | CN¥7.04 | x |
| 1998-12-31 | CN¥1.17 | CN¥7.04 | x |
| 1999-12-31 | CN¥1.25 | CN¥7.04 | x |
| 2000-12-31 | CN¥1.89 | CN¥7.04 | x |
| 2001-12-31 | CN¥1.94 | CN¥7.04 | x |
| 2002-12-31 | CN¥2.03 | CN¥7.04 | x |
| 2003-12-31 | CN¥2.18 | CN¥7.04 | x |
| 2004-12-31 | CN¥2.59 | CN¥7.04 | x |
| 2005-12-31 | CN¥2.65 | CN¥7.04 | x |
| 2006-12-31 | CN¥3.44 | CN¥7.04 | x |
| 2007-12-31 | CN¥3.28 | CN¥7.04 | x |
| 2008-12-31 | CN¥3.05 | CN¥7.04 | x |
| 2009-12-31 | CN¥2.89 | CN¥7.04 | x |
| 2010-12-31 | CN¥3.17 | CN¥7.04 | x |
| 2011-12-31 | CN¥3.15 | CN¥7.04 | x |
| 2012-12-31 | CN¥3.38 | CN¥7.04 | x |
| 2013-12-31 | CN¥3.48 | CN¥7.04 | x |
| 2014-12-31 | CN¥3.46 | CN¥7.04 | x |
| 2015-12-31 | CN¥3.65 | CN¥7.04 | x |
| 2016-12-31 | CN¥3.91 | CN¥7.04 | x |
| 2017-12-31 | CN¥4.10 | CN¥7.04 | x |
| 2018-12-31 | CN¥4.18 | CN¥7.04 | x |
| 2019-12-31 | CN¥4.39 | CN¥7.04 | x |
| 2020-12-31 | CN¥4.39 | CN¥7.04 | x |
| 2021-12-31 | CN¥4.32 | CN¥7.04 | x |
| 2022-12-31 | CN¥4.28 | CN¥7.04 | x |
| 2023-12-31 | CN¥4.02 | CN¥7.04 | x |
| 2024-12-31 | CN¥3.93 | CN¥7.04 | x |
| 2025-12-31 | CN¥3.86 | CN¥7.04 | 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): 2.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.23%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 3.11x
- Recent ROE (2.61%) is below the historical average (5.41%), 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 | 10.36% | 20.74% | 0.27x | 1.87x | CN¥3.80 Million |
| 1999 | 9.42% | 17.11% | 0.31x | 1.76x | CN¥-6.55 Million |
| 2000 | 7.62% | 23.94% | 0.21x | 1.49x | CN¥-40.91 Million |
| 2001 | 7.43% | 21.39% | 0.20x | 1.71x | CN¥-45.34 Million |
| 2002 | 6.46% | 15.50% | 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 | 3.49% | 4.76% | 0.24x | 3.01x | CN¥-158.19 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¥187.88K |
| 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% | 3.49% | 0.48x | 2.70x | CN¥-255.71 Million |
| 2021 | 0.57% | 0.73% | 0.28x | 2.77x | CN¥-440.48 Million |
| 2022 | -1.63% | -1.93% | 0.29x | 2.89x | CN¥-528.80 Million |
| 2023 | -6.21% | -6.48% | 0.31x | 3.05x | CN¥-694.24 Million |
| 2024 | 1.78% | 1.73% | 0.35x | 2.97x | CN¥-354.15 Million |
| 2025 | 2.61% | 2.23% | 0.37x | 3.11x | CN¥-303.94 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: $5,887,074,985
- Average return on equity (ROE) among peers: 6.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Shaoneng Group Co Ltd (000601) | CN¥4.39 Billion | 15.24% | 2.03x | $1.10 Billion |
| Shenzhen Energy Group Co Ltd (000027) | $16.92 Billion | 6.65% | 0.86x | $5.10 Billion |
| Shenzhen Nanshan Power Co Ltd (000037) | $1.51 Billion | 1.45% | 0.33x | $579.74 Million |
| Guangzhou Hengyun Enterprises Holding Ltd (000531) | $738.20 Million | 8.67% | 1.16x | $1.05 Billion |
| An Hui Wenergy Co Ltd (000543) | $1.21 Billion | 20.23% | 0.23x | $2.86 Billion |
| Jointo Energy Investment Co Ltd Hebei (000600) | $841.94 Million | 7.41% | 2.73x | $2.77 Billion |
| Tianjin Binhai Energy & Development Co Ltd (000695) | $235.17 Million | -11.96% | 4.44x | $445.95 Million |
| Shanxi Zhangze Electric Power Co Ltd (000767) | $2.16 Billion | 18.80% | 2.47x | $2.22 Billion |
| Jilin Power Share Co Ltd (000875) | $24.90 Billion | 4.41% | 2.33x | $3.16 Billion |
| Jiangxi Ganneng Co Ltd (000899) | $4.47 Billion | 0.37% | 0.64x | $1.79 Billion |
About Guangdong Shaoneng Group Co Ltd
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