Shandong Xinneng Taishan Power Generation Co Ltd (000720) - Net Assets
Based on the latest financial reports, Shandong Xinneng Taishan Power Generation Co Ltd (000720) has net assets worth CN¥2.46 Billion CNY (≈ $359.37 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¥5.21 Billion ≈ $762.23 Million USD) and total liabilities (CN¥2.75 Billion ≈ $402.85 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 financial resilience of Shandong Xinneng Taishan Power Generatio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.46 Billion |
| % of Total Assets | 47.15% |
| Annual Growth Rate | 9.23% |
| 5-Year Change | -14.47% |
| 10-Year Change | 94.94% |
| Growth Volatility | 29.31 |
Shandong Xinneng Taishan Power Generation Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Shandong Xinneng Taishan Power Generation Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Shandong Xinneng Taishan Power Generatio for the complete picture of this company's asset base.
Annual Net Assets for Shandong Xinneng Taishan Power Generation Co Ltd (1994–2024)
The table below shows the annual net assets of Shandong Xinneng Taishan Power Generation Co Ltd from 1994 to 2024. For live valuation and market cap data, see 000720 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.46 Billion ≈ $360.09 Million |
-4.89% |
| 2023-12-31 | CN¥2.59 Billion ≈ $378.59 Million |
-2.35% |
| 2022-12-31 | CN¥2.65 Billion ≈ $387.69 Million |
-4.86% |
| 2021-12-31 | CN¥2.78 Billion ≈ $407.51 Million |
-3.21% |
| 2020-12-31 | CN¥2.88 Billion ≈ $421.02 Million |
+10.55% |
| 2019-12-31 | CN¥2.60 Billion ≈ $380.85 Million |
+14.86% |
| 2018-12-31 | CN¥2.27 Billion ≈ $331.57 Million |
+59.13% |
| 2017-12-31 | CN¥1.42 Billion ≈ $208.37 Million |
+18.53% |
| 2016-12-31 | CN¥1.20 Billion ≈ $175.79 Million |
-4.83% |
| 2015-12-31 | CN¥1.26 Billion ≈ $184.72 Million |
+12.15% |
| 2014-12-31 | CN¥1.13 Billion ≈ $164.70 Million |
+16.36% |
| 2013-12-31 | CN¥967.32 Million ≈ $141.55 Million |
+9.68% |
| 2012-12-31 | CN¥881.96 Million ≈ $129.06 Million |
+3.18% |
| 2011-12-31 | CN¥854.78 Million ≈ $125.08 Million |
-18.74% |
| 2010-12-31 | CN¥1.05 Billion ≈ $153.93 Million |
-2.38% |
| 2009-12-31 | CN¥1.08 Billion ≈ $157.69 Million |
+2.21% |
| 2008-12-31 | CN¥1.05 Billion ≈ $154.28 Million |
-25.43% |
| 2007-12-31 | CN¥1.41 Billion ≈ $206.88 Million |
-9.72% |
| 2006-12-31 | CN¥1.57 Billion ≈ $229.15 Million |
+2.78% |
| 2005-12-31 | CN¥1.52 Billion ≈ $222.95 Million |
-0.95% |
| 2004-12-31 | CN¥1.54 Billion ≈ $225.09 Million |
+0.40% |
| 2003-12-31 | CN¥1.53 Billion ≈ $224.20 Million |
+4.34% |
| 2002-12-31 | CN¥1.47 Billion ≈ $214.87 Million |
+3.28% |
| 2001-12-31 | CN¥1.42 Billion ≈ $208.05 Million |
+4.95% |
| 2000-12-31 | CN¥1.35 Billion ≈ $198.24 Million |
+3.25% |
| 1999-12-31 | CN¥1.31 Billion ≈ $192.00 Million |
+89.57% |
| 1998-12-31 | CN¥692.15 Million ≈ $101.28 Million |
+24.15% |
| 1997-12-31 | CN¥557.50 Million ≈ $81.58 Million |
+120.85% |
| 1996-12-31 | CN¥252.43 Million ≈ $36.94 Million |
+30.04% |
| 1995-12-31 | CN¥194.12 Million ≈ $28.41 Million |
+11.41% |
| 1994-12-31 | CN¥174.25 Million ≈ $25.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shandong Xinneng Taishan Power Generation 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 94486.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥398.23 Million | 16.87% |
| Common Stock | CN¥1.26 Billion | 53.23% |
| Other Comprehensive Income | CN¥197.92 Million | 8.38% |
| Other Components | CN¥507.78 Million | 21.51% |
| Total Equity | CN¥2.36 Billion | 100.00% |
Shandong Xinneng Taishan Power Generation Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Xinneng Taishan Power Generation Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Electronic Zone Investment and Development Group Co Ltd
SHG:600658
|
$834.79 Million |
|
D-MARKET E.S.+T.SP.ADR/1B
F:8WZ
|
$834.81 Million |
|
Zhejiang Unifull Industrial Fibre Co Ltd
SHE:002427
|
$834.92 Million |
|
Sung Kwang Bend Co.Ltd
KQ:014620
|
$835.09 Million |
|
Bassac
PA:BASS
|
$834.62 Million |
|
SDIC Zhonglu Fruit Juice Co Ltd
SHG:600962
|
$834.54 Million |
|
Precision Wires India Limited
NSE:PRECWIRE
|
$834.39 Million |
|
INMODE LTD IS -01
F:154
|
$834.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Xinneng Taishan Power Generation Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,491,170,214 to 2,360,455,033, a change of -130,715,181 (-5.2%).
- Net loss of 132,290,412 reduced equity.
- Dividend payments of 78,755,314 reduced retained earnings.
- Other comprehensive income increased equity by 197,916,489.
- Other factors decreased equity by 117,585,944.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-132.29 Million | -5.6% |
| Dividends Paid | CN¥78.76 Million | -3.34% |
| Other Comprehensive Income | CN¥197.92 Million | +8.38% |
| Other Changes | CN¥-117.59 Million | -4.98% |
| Total Change | CN¥- | -5.25% |
Book Value vs Market Value Analysis
This analysis compares Shandong Xinneng Taishan Power Generation 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: 2.42x
- 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 23.55x to 2.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.19 | CN¥4.54 | x |
| 1995-12-31 | CN¥0.22 | CN¥4.54 | x |
| 1996-12-31 | CN¥0.28 | CN¥4.54 | x |
| 1997-12-31 | CN¥0.63 | CN¥4.54 | x |
| 1998-12-31 | CN¥0.74 | CN¥4.54 | x |
| 1999-12-31 | CN¥1.27 | CN¥4.54 | x |
| 2000-12-31 | CN¥1.38 | CN¥4.54 | x |
| 2001-12-31 | CN¥1.45 | CN¥4.54 | x |
| 2002-12-31 | CN¥1.50 | CN¥4.54 | x |
| 2003-12-31 | CN¥1.57 | CN¥4.54 | x |
| 2004-12-31 | CN¥1.57 | CN¥4.54 | x |
| 2005-12-31 | CN¥1.57 | CN¥4.54 | x |
| 2006-12-31 | CN¥1.58 | CN¥4.54 | x |
| 2007-12-31 | CN¥1.38 | CN¥4.54 | x |
| 2008-12-31 | CN¥1.02 | CN¥4.54 | x |
| 2009-12-31 | CN¥1.04 | CN¥4.54 | x |
| 2010-12-31 | CN¥1.03 | CN¥4.54 | x |
| 2011-12-31 | CN¥0.83 | CN¥4.54 | x |
| 2012-12-31 | CN¥0.87 | CN¥4.54 | x |
| 2013-12-31 | CN¥0.90 | CN¥4.54 | x |
| 2014-12-31 | CN¥1.00 | CN¥4.54 | x |
| 2015-12-31 | CN¥1.09 | CN¥4.54 | x |
| 2016-12-31 | CN¥0.73 | CN¥4.54 | x |
| 2017-12-31 | CN¥0.91 | CN¥4.54 | x |
| 2018-12-31 | CN¥1.69 | CN¥4.54 | x |
| 2019-12-31 | CN¥2.00 | CN¥4.54 | x |
| 2020-12-31 | CN¥2.21 | CN¥4.54 | x |
| 2021-12-31 | CN¥2.14 | CN¥4.54 | x |
| 2022-12-31 | CN¥2.03 | CN¥4.54 | x |
| 2023-12-31 | CN¥1.98 | CN¥4.54 | x |
| 2024-12-31 | CN¥1.88 | CN¥4.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Xinneng Taishan Power Generation 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): -5.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.41%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 2.44x
- Recent ROE (-5.60%) is below the historical average (3.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 24.05% | 22.27% | 0.43x | 2.50x | CN¥23.38 Million |
| 1995 | 26.94% | 19.41% | 0.49x | 2.82x | CN¥31.66 Million |
| 1996 | 23.62% | 13.96% | 0.69x | 2.45x | CN¥33.34 Million |
| 1997 | 13.69% | 14.39% | 0.56x | 1.68x | CN¥20.20 Million |
| 1998 | 14.22% | 15.46% | 0.48x | 1.92x | CN¥27.08 Million |
| 1999 | 10.23% | 14.22% | 0.32x | 2.23x | CN¥2.56 Million |
| 2000 | 10.30% | 8.38% | 0.58x | 2.13x | CN¥3.53 Million |
| 2001 | 9.22% | 6.32% | 0.66x | 2.21x | CN¥-9.74 Million |
| 2002 | 6.05% | 4.46% | 0.60x | 2.26x | CN¥-51.12 Million |
| 2003 | 4.62% | 3.74% | 0.67x | 1.84x | CN¥-73.05 Million |
| 2004 | 2.38% | 1.90% | 0.44x | 2.84x | CN¥-103.60 Million |
| 2005 | 1.40% | 0.95% | 0.48x | 3.05x | CN¥-116.26 Million |
| 2006 | 1.76% | 1.16% | 0.50x | 3.00x | CN¥-112.98 Million |
| 2007 | -10.60% | -6.48% | 0.41x | 3.99x | CN¥-245.84 Million |
| 2008 | -35.32% | -14.66% | 0.37x | 6.45x | CN¥-400.32 Million |
| 2009 | 1.92% | 0.62% | 0.47x | 6.52x | CN¥-72.51 Million |
| 2010 | -0.98% | -0.32% | 0.49x | 6.32x | CN¥-97.68 Million |
| 2011 | -24.82% | -6.29% | 0.49x | 8.04x | CN¥-248.23 Million |
| 2012 | 4.58% | 1.12% | 0.54x | 7.56x | CN¥-40.43 Million |
| 2013 | 4.32% | 1.16% | 0.52x | 7.09x | CN¥-44.32 Million |
| 2014 | 9.23% | 2.53% | 0.57x | 6.37x | CN¥-6.64 Million |
| 2015 | 8.56% | 2.45% | 0.61x | 5.71x | CN¥-13.53 Million |
| 2016 | -7.60% | -2.68% | 0.46x | 6.10x | CN¥-154.45 Million |
| 2017 | -49.27% | -20.00% | 0.30x | 8.11x | CN¥-660.38 Million |
| 2018 | 49.23% | 41.22% | 0.50x | 2.40x | CN¥855.02 Million |
| 2019 | 19.35% | 13.58% | 0.77x | 1.84x | CN¥234.90 Million |
| 2020 | 10.02% | 7.24% | 0.73x | 1.90x | CN¥681.57K |
| 2021 | -3.25% | -2.09% | 0.76x | 2.05x | CN¥-356.22 Million |
| 2022 | -5.31% | -3.40% | 0.71x | 2.18x | CN¥-390.99 Million |
| 2023 | -2.64% | -4.52% | 0.28x | 2.12x | CN¥-315.00 Million |
| 2024 | -5.60% | -11.41% | 0.20x | 2.44x | CN¥-368.34 Million |
Industry Comparison
This section compares Shandong Xinneng Taishan Power Generation Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,217,079,861
- Average return on equity (ROE) among peers: 8.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | CN¥2.46 Billion | 24.05% | 1.12x | $834.77 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Shandong Xinneng Taishan Power Generation Co Ltd
Shandong Xinneng Taishan Power Generation Co.,Ltd. engages in the industrial park development business primarily in China. The company is involved in the asset operation and bulk commodity supply chain. It engages in the cable business; and provision of leasing and property services. The company was founded in 1994 and is based in Nanjing, China.