Shenyang Huitian Thermal Power Co Ltd (000692) - Net Assets
Based on the latest financial reports, Shenyang Huitian Thermal Power Co Ltd (000692) has net assets worth CN¥-204.27 Million CNY (≈ $-29.89 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.27 Billion ≈ $771.76 Million USD) and total liabilities (CN¥5.48 Billion ≈ $801.65 Million 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 Shenyang Huitian Thermal Power Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥-204.27 Million |
| % of Total Assets | -3.87% |
| Annual Growth Rate | 2.21% |
| 5-Year Change | -40.53% |
| 10-Year Change | -84.92% |
| Growth Volatility | 292.21 |
Shenyang Huitian Thermal Power Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Shenyang Huitian Thermal Power Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shenyang Huitian Thermal Power Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Shenyang Huitian Thermal Power Co Ltd (1993–2024)
The table below shows the annual net assets of Shenyang Huitian Thermal Power Co Ltd from 1993 to 2024. For live valuation and market cap data, see market value of Shenyang Huitian Thermal Power Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥211.08 Million ≈ $30.89 Million |
+1.23% |
| 2023-12-31 | CN¥208.52 Million ≈ $30.51 Million |
+111.39% |
| 2022-12-31 | CN¥-1.83 Billion ≈ $-268.00 Million |
-1609.88% |
| 2021-12-31 | CN¥121.30 Million ≈ $17.75 Million |
-65.82% |
| 2020-12-31 | CN¥354.92 Million ≈ $51.94 Million |
-73.20% |
| 2019-12-31 | CN¥1.32 Billion ≈ $193.82 Million |
-9.62% |
| 2018-12-31 | CN¥1.47 Billion ≈ $214.46 Million |
+7.47% |
| 2017-12-31 | CN¥1.36 Billion ≈ $199.56 Million |
-5.24% |
| 2016-12-31 | CN¥1.44 Billion ≈ $210.59 Million |
+2.81% |
| 2015-12-31 | CN¥1.40 Billion ≈ $204.84 Million |
+8.21% |
| 2014-12-31 | CN¥1.29 Billion ≈ $189.30 Million |
+1.76% |
| 2013-12-31 | CN¥1.27 Billion ≈ $186.02 Million |
+1.64% |
| 2012-12-31 | CN¥1.25 Billion ≈ $183.02 Million |
+1.21% |
| 2011-12-31 | CN¥1.24 Billion ≈ $180.84 Million |
+5.82% |
| 2010-12-31 | CN¥1.17 Billion ≈ $170.90 Million |
+13.27% |
| 2009-12-31 | CN¥1.03 Billion ≈ $150.88 Million |
+6.14% |
| 2008-12-31 | CN¥971.46 Million ≈ $142.15 Million |
-1.35% |
| 2007-12-31 | CN¥984.73 Million ≈ $144.10 Million |
+7.18% |
| 2006-12-31 | CN¥918.78 Million ≈ $134.45 Million |
-3.11% |
| 2005-12-31 | CN¥948.26 Million ≈ $138.76 Million |
-9.27% |
| 2004-12-31 | CN¥1.05 Billion ≈ $152.93 Million |
+1.19% |
| 2003-12-31 | CN¥1.03 Billion ≈ $151.13 Million |
-8.55% |
| 2002-12-31 | CN¥1.13 Billion ≈ $165.26 Million |
-0.08% |
| 2001-12-31 | CN¥1.13 Billion ≈ $165.39 Million |
+37.04% |
| 2000-12-31 | CN¥824.75 Million ≈ $120.69 Million |
+3.52% |
| 1999-12-31 | CN¥796.74 Million ≈ $116.59 Million |
+5.63% |
| 1998-12-31 | CN¥754.24 Million ≈ $110.37 Million |
+125.76% |
| 1997-12-31 | CN¥334.09 Million ≈ $48.89 Million |
+86.58% |
| 1996-12-31 | CN¥179.05 Million ≈ $26.20 Million |
+28.29% |
| 1995-12-31 | CN¥139.57 Million ≈ $20.42 Million |
+19.81% |
| 1994-12-31 | CN¥116.49 Million ≈ $17.05 Million |
+8.61% |
| 1993-12-31 | CN¥107.25 Million ≈ $15.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenyang Huitian Thermal Power 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 decreased by 237322301600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥532.83 Million | 290.35% |
| Other Comprehensive Income | CN¥1.67 Billion | 911.00% |
| Other Components | CN¥352.08 Million | 191.85% |
| Total Equity | CN¥183.52 Million | 100.00% |
Shenyang Huitian Thermal Power Co Ltd Competitors by Market Cap
The table below lists competitors of Shenyang Huitian Thermal Power Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Altek Corp
TW:3059
|
$389.97 Million |
|
Beijing Jiaoda Signal Technology
SHE:300851
|
$390.28 Million |
|
Mercurity Fintech Holding Inc ADR
NASDAQ:MFH
|
$390.29 Million |
|
Shin Poong Pharm.Co.Ltd.
KO:019170
|
$390.33 Million |
|
Gravity Co. Ltd
F:GD8A
|
$389.69 Million |
|
Hunan Investment Group Co Ltd
SHE:000548
|
$389.36 Million |
|
Blend Labs Inc
NYSE:BLND
|
$389.30 Million |
|
HeidelbergCement India Limited
NSE:HEIDELBERG
|
$389.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenyang Huitian Thermal Power Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 173,353,055 to 183,515,645, a change of 10,162,590 (5.9%).
- Net loss of 330,283,902 reduced equity.
- Dividend payments of 137,101,043 reduced retained earnings.
- Other comprehensive income increased equity by 1,628,440,592.
- Other factors decreased equity by 1,150,893,057.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-330.28 Million | -179.98% |
| Dividends Paid | CN¥137.10 Million | -74.71% |
| Other Comprehensive Income | CN¥1.63 Billion | +887.36% |
| Other Changes | CN¥-1.15 Billion | -627.14% |
| Total Change | CN¥- | 5.86% |
Book Value vs Market Value Analysis
This analysis compares Shenyang Huitian Thermal Power 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: 14.52x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 24.85x to 14.52x 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¥0.20 | CN¥5.00 | x |
| 1994-12-31 | CN¥0.22 | CN¥5.00 | x |
| 1995-12-31 | CN¥0.26 | CN¥5.00 | x |
| 1996-12-31 | CN¥0.34 | CN¥5.00 | x |
| 1997-12-31 | CN¥0.63 | CN¥5.00 | x |
| 1998-12-31 | CN¥1.41 | CN¥5.00 | x |
| 1999-12-31 | CN¥1.49 | CN¥5.00 | x |
| 2000-12-31 | CN¥1.55 | CN¥5.00 | x |
| 2001-12-31 | CN¥2.12 | CN¥5.00 | x |
| 2002-12-31 | CN¥2.12 | CN¥5.00 | x |
| 2003-12-31 | CN¥1.94 | CN¥5.00 | x |
| 2004-12-31 | CN¥1.96 | CN¥5.00 | x |
| 2005-12-31 | CN¥1.78 | CN¥5.00 | x |
| 2006-12-31 | CN¥1.70 | CN¥5.00 | x |
| 2007-12-31 | CN¥1.84 | CN¥5.00 | x |
| 2008-12-31 | CN¥1.82 | CN¥5.00 | x |
| 2009-12-31 | CN¥1.93 | CN¥5.00 | x |
| 2010-12-31 | CN¥2.19 | CN¥5.00 | x |
| 2011-12-31 | CN¥2.28 | CN¥5.00 | x |
| 2012-12-31 | CN¥2.40 | CN¥5.00 | x |
| 2013-12-31 | CN¥2.38 | CN¥5.00 | x |
| 2014-12-31 | CN¥3.04 | CN¥5.00 | x |
| 2015-12-31 | CN¥2.58 | CN¥5.00 | x |
| 2016-12-31 | CN¥2.68 | CN¥5.00 | x |
| 2017-12-31 | CN¥2.49 | CN¥5.00 | x |
| 2018-12-31 | CN¥2.64 | CN¥5.00 | x |
| 2019-12-31 | CN¥2.36 | CN¥5.00 | x |
| 2020-12-31 | CN¥0.53 | CN¥5.00 | x |
| 2021-12-31 | CN¥0.12 | CN¥5.00 | x |
| 2022-12-31 | CN¥-3.51 | CN¥5.00 | x |
| 2023-12-31 | CN¥0.33 | CN¥5.00 | x |
| 2024-12-31 | CN¥0.34 | CN¥5.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenyang Huitian Thermal Power 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): -179.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.74%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 31.21x
- Recent ROE (-179.98%) is below the historical average (-5.99%), 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 | 6.76% | 3.46% | 0.54x | 3.60x | CN¥-3.48 Million |
| 1994 | 13.60% | 8.15% | 0.41x | 4.09x | CN¥4.20 Million |
| 1995 | 28.03% | 19.42% | 0.48x | 2.99x | CN¥25.16 Million |
| 1996 | 22.05% | 16.89% | 0.47x | 2.81x | CN¥21.58 Million |
| 1997 | 13.95% | 20.19% | 0.34x | 2.03x | CN¥13.21 Million |
| 1998 | 13.00% | 26.33% | 0.27x | 1.86x | CN¥22.62 Million |
| 1999 | 11.48% | 19.73% | 0.34x | 1.72x | CN¥11.82 Million |
| 2000 | 11.32% | 17.22% | 0.33x | 1.97x | CN¥10.86 Million |
| 2001 | 4.39% | 9.39% | 0.25x | 1.89x | CN¥-63.39 Million |
| 2002 | 1.35% | 2.73% | 0.29x | 1.70x | CN¥-97.73 Million |
| 2003 | 2.34% | 4.04% | 0.29x | 2.00x | CN¥-79.08 Million |
| 2004 | 1.25% | 2.18% | 0.27x | 2.12x | CN¥-91.40 Million |
| 2005 | -10.34% | -15.03% | 0.27x | 2.58x | CN¥-192.70 Million |
| 2006 | -2.81% | -3.30% | 0.31x | 2.71x | CN¥-117.57 Million |
| 2007 | 1.21% | 1.23% | 0.37x | 2.65x | CN¥-86.50 Million |
| 2008 | -1.86% | -1.73% | 0.39x | 2.73x | CN¥-115.20 Million |
| 2009 | 3.81% | 2.94% | 0.48x | 2.68x | CN¥-63.82 Million |
| 2010 | 2.66% | 2.41% | 0.46x | 2.38x | CN¥-85.86 Million |
| 2011 | 3.64% | 3.28% | 0.38x | 2.90x | CN¥-77.34 Million |
| 2012 | 2.29% | 1.89% | 0.46x | 2.66x | CN¥-96.10 Million |
| 2013 | 1.64% | 1.34% | 0.42x | 2.90x | CN¥-105.90 Million |
| 2014 | 3.24% | 2.64% | 0.41x | 2.95x | CN¥-86.88 Million |
| 2015 | 5.42% | 4.75% | 0.37x | 3.11x | CN¥-63.07 Million |
| 2016 | 3.73% | 2.87% | 0.37x | 3.47x | CN¥-88.36 Million |
| 2017 | -5.03% | -3.77% | 0.31x | 4.26x | CN¥-198.99 Million |
| 2018 | 0.42% | 0.31% | 0.31x | 4.33x | CN¥-134.90 Million |
| 2019 | -8.19% | -5.56% | 0.31x | 4.82x | CN¥-228.36 Million |
| 2020 | -341.87% | -51.27% | 0.38x | 17.61x | CN¥-999.31 Million |
| 2021 | -362.64% | -11.85% | 0.34x | 89.99x | CN¥-242.02 Million |
| 2022 | 0.00% | -98.08% | 0.36x | 0.00x | CN¥-1.77 Billion |
| 2023 | 563.53% | 49.72% | 0.36x | 31.17x | CN¥959.56 Million |
| 2024 | -179.98% | -15.74% | 0.37x | 31.21x | CN¥-348.64 Million |
Industry Comparison
This section compares Shenyang Huitian Thermal Power Co Ltd's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $10,595,014,509
- Average return on equity (ROE) among peers: 6.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenyang Huitian Thermal Power Co Ltd (000692) | CN¥-204.27 Million | 6.76% | N/A | $389.85 Million |
| Sichuan Mingxing Electric Power Co Ltd (600101) | $179.15 Million | 14.66% | 0.27x | $787.26 Million |
| Shenyang Jinshan Energy Co Ltd (600396) | $2.41 Billion | 2.27% | 7.48x | $2.14 Billion |
| Fujian Funeng Co Ltd (600483) | $31.90 Billion | 8.76% | 0.63x | $4.07 Billion |
| Xinjiang Tianfu Energy Co Ltd (600509) | $8.46 Billion | 2.94% | 2.61x | $1.63 Billion |
| Shenergy Co Ltd (600642) | $17.83 Billion | 3.32% | 0.76x | $6.49 Billion |
| Hunan Chen Dian International Development Co Ltd (600969) | $2.79 Billion | 6.13% | 1.48x | $537.71 Million |
About Shenyang Huitian Thermal Power Co Ltd
Shenyang Huitian Thermal Power Co.,Ltd provides heating and steam supply, and engineering services for residents and non-residents in China. The company offers centralized heating services for various civil and commercial buildings through heating pipe networks, and other equipment and facilities. It also provides thermal research and design; and thermal engineering installation; hotel; and coal … Read more