GEPIC Energy Development Co Ltd
GEPIC Energy Development Co., Ltd. engages in thermal power, hydropower, wind power, and photovoltaic power generation business in China. It is also involved in the construction and development of hydropower plants and wind turbines; development of energy saving equipment and materials; technical consulting; investment, development, production, and operation of power projects; water conservancy a… Read more
GEPIC Energy Development Co Ltd (000791) - Net Assets
Latest net assets as of September 2025: CN¥17.89 Billion CNY
Based on the latest financial reports, GEPIC Energy Development Co Ltd (000791) has net assets worth CN¥17.89 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¥38.52 Billion) and total liabilities (CN¥20.63 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¥17.89 Billion |
| % of Total Assets | 46.44% |
| Annual Growth Rate | 21.63% |
| 5-Year Change | 121.05% |
| 10-Year Change | 339.49% |
| Growth Volatility | 173.27 |
GEPIC Energy Development Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how GEPIC Energy Development 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 GEPIC Energy Development Co Ltd (1994–2024)
The table below shows the annual net assets of GEPIC Energy Development Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥16.57 Billion | +68.48% |
| 2023-12-31 | CN¥9.83 Billion | +4.87% |
| 2022-12-31 | CN¥9.38 Billion | +15.96% |
| 2021-12-31 | CN¥8.09 Billion | +7.89% |
| 2020-12-31 | CN¥7.49 Billion | +5.05% |
| 2019-12-31 | CN¥7.13 Billion | +15.11% |
| 2018-12-31 | CN¥6.20 Billion | +6.88% |
| 2017-12-31 | CN¥5.80 Billion | +12.52% |
| 2016-12-31 | CN¥5.15 Billion | +36.72% |
| 2015-12-31 | CN¥3.77 Billion | -0.42% |
| 2014-12-31 | CN¥3.79 Billion | +3.54% |
| 2013-12-31 | CN¥3.66 Billion | +7.81% |
| 2012-12-31 | CN¥3.39 Billion | +907.64% |
| 2011-12-31 | CN¥336.53 Million | -3.35% |
| 2010-12-31 | CN¥348.18 Million | +1.52% |
| 2009-12-31 | CN¥342.97 Million | +0.73% |
| 2008-12-31 | CN¥340.50 Million | +6.48% |
| 2007-12-31 | CN¥319.79 Million | +14.73% |
| 2006-12-31 | CN¥278.74 Million | +9.88% |
| 2005-12-31 | CN¥253.67 Million | +0.89% |
| 2004-12-31 | CN¥251.44 Million | -33.34% |
| 2003-12-31 | CN¥377.22 Million | +1.69% |
| 2002-12-31 | CN¥370.97 Million | +3.35% |
| 2001-12-31 | CN¥358.93 Million | -2.41% |
| 2000-12-31 | CN¥367.80 Million | +8.71% |
| 1999-12-31 | CN¥338.34 Million | -6.99% |
| 1998-12-31 | CN¥363.77 Million | +2.01% |
| 1997-12-31 | CN¥356.59 Million | +380.00% |
| 1996-12-31 | CN¥74.29 Million | +43.48% |
| 1995-12-31 | CN¥51.78 Million | +11.35% |
| 1994-12-31 | CN¥46.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GEPIC Energy Development 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 52591.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.80 Billion | 28.02% |
| Common Stock | CN¥3.24 Billion | 23.91% |
| Other Comprehensive Income | CN¥461.41 Million | 3.40% |
| Other Components | CN¥6.06 Billion | 44.67% |
| Total Equity | CN¥13.57 Billion | 100.00% |
GEPIC Energy Development Co Ltd Competitors by Market Cap
The table below lists competitors of GEPIC Energy Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Huahong Technology Co Ltd
SHE:002645
|
$766.06 Million |
|
Huafa Industrial Co Ltd Zhuhai
SHG:600325
|
$766.19 Million |
|
Electricity Generating Public Company Limited
BK:EGCO
|
$766.57 Million |
|
CHN Energy Changyuan Electric Power Co Ltd
SHE:000966
|
$766.62 Million |
|
Zehnder Group AG
LSE:0R6S
|
$765.92 Million |
|
Qingdao Tianneng Heavy Industries Co Ltd
SHE:300569
|
$765.70 Million |
|
Arena REIT
AU:ARF
|
$765.51 Million |
|
Information Services International-Dentsu Ltd
OTCGREY:IFMNF
|
$765.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GEPIC Energy Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,694,279,836 to 13,567,157,314, a change of 4,872,877,478 (56.0%).
- Net income of 1,644,208,545 contributed positively to equity growth.
- Dividend payments of 781,035,037 reduced retained earnings.
- Other comprehensive income increased equity by 193,696,249.
- Other factors increased equity by 3,816,007,721.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.64 Billion | +12.12% |
| Dividends Paid | CN¥781.04 Million | -5.76% |
| Other Comprehensive Income | CN¥193.70 Million | +1.43% |
| Other Changes | CN¥3.82 Billion | +28.13% |
| Total Change | CN¥- | 56.05% |
Book Value vs Market Value Analysis
This analysis compares GEPIC Energy Development 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: 1.83x
- 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 46.21x to 1.83x 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¥0.17 | CN¥7.98 | x |
| 1995-12-31 | CN¥0.19 | CN¥7.98 | x |
| 1996-12-31 | CN¥0.28 | CN¥7.98 | x |
| 1997-12-31 | CN¥1.32 | CN¥7.98 | x |
| 1998-12-31 | CN¥1.35 | CN¥7.98 | x |
| 1999-12-31 | CN¥1.26 | CN¥7.98 | x |
| 2000-12-31 | CN¥1.37 | CN¥7.98 | x |
| 2001-12-31 | CN¥1.33 | CN¥7.98 | x |
| 2002-12-31 | CN¥1.34 | CN¥7.98 | x |
| 2003-12-31 | CN¥1.21 | CN¥7.98 | x |
| 2004-12-31 | CN¥0.77 | CN¥7.98 | x |
| 2005-12-31 | CN¥0.79 | CN¥7.98 | x |
| 2006-12-31 | CN¥0.91 | CN¥7.98 | x |
| 2007-12-31 | CN¥1.06 | CN¥7.98 | x |
| 2008-12-31 | CN¥1.14 | CN¥7.98 | x |
| 2009-12-31 | CN¥1.19 | CN¥7.98 | x |
| 2010-12-31 | CN¥1.21 | CN¥7.98 | x |
| 2011-12-31 | CN¥0.31 | CN¥7.98 | x |
| 2012-12-31 | CN¥3.22 | CN¥7.98 | x |
| 2013-12-31 | CN¥3.48 | CN¥7.98 | x |
| 2014-12-31 | CN¥3.61 | CN¥7.98 | x |
| 2015-12-31 | CN¥3.19 | CN¥7.98 | x |
| 2016-12-31 | CN¥3.78 | CN¥7.98 | x |
| 2017-12-31 | CN¥4.15 | CN¥7.98 | x |
| 2018-12-31 | CN¥4.43 | CN¥7.98 | x |
| 2019-12-31 | CN¥4.71 | CN¥7.98 | x |
| 2020-12-31 | CN¥4.94 | CN¥7.98 | x |
| 2021-12-31 | CN¥5.01 | CN¥7.98 | x |
| 2022-12-31 | CN¥6.07 | CN¥7.98 | x |
| 2023-12-31 | CN¥5.43 | CN¥7.98 | x |
| 2024-12-31 | CN¥4.37 | CN¥7.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GEPIC Energy Development 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): 12.12%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.91%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 2.65x
- Recent ROE (12.12%) is above the historical average (6.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 49.19% | 14.72% | 1.82x | 1.84x | CN¥18.22 Million |
| 1995 | 48.65% | 12.39% | 2.06x | 1.91x | CN¥20.01 Million |
| 1996 | 34.35% | 14.17% | 1.31x | 1.84x | CN¥18.09 Million |
| 1997 | 7.16% | 15.51% | 0.36x | 1.28x | CN¥-10.12 Million |
| 1998 | 0.38% | 1.19% | 0.23x | 1.39x | CN¥-34.99 Million |
| 1999 | 1.05% | 2.53% | 0.32x | 1.31x | CN¥-30.28 Million |
| 2000 | 6.99% | 25.72% | 0.18x | 1.49x | CN¥-11.06 Million |
| 2001 | 0.03% | 0.12% | 0.14x | 1.74x | CN¥-35.78 Million |
| 2002 | 0.35% | 1.59% | 0.13x | 1.73x | CN¥-34.74 Million |
| 2003 | -10.24% | -30.92% | 0.18x | 1.88x | CN¥-65.90 Million |
| 2004 | -57.39% | -109.39% | 0.19x | 2.77x | CN¥-140.20 Million |
| 2005 | 2.18% | 3.43% | 0.26x | 2.45x | CN¥-16.65 Million |
| 2006 | 14.36% | 20.11% | 0.32x | 2.25x | CN¥10.50 Million |
| 2007 | 6.25% | 8.27% | 0.30x | 2.52x | CN¥-10.47 Million |
| 2008 | 7.72% | 10.49% | 0.28x | 2.59x | CN¥-6.89 Million |
| 2009 | 3.65% | 4.79% | 0.34x | 2.27x | CN¥-19.96 Million |
| 2010 | 2.38% | 2.64% | 0.40x | 2.23x | CN¥-24.53 Million |
| 2011 | -2.40% | -2.30% | 0.44x | 2.38x | CN¥-38.94 Million |
| 2012 | 10.09% | 20.99% | 0.12x | 4.03x | CN¥3.00 Million |
| 2013 | 9.32% | 20.49% | 0.12x | 3.75x | CN¥-23.80 Million |
| 2014 | 5.43% | 13.51% | 0.11x | 3.73x | CN¥-166.68 Million |
| 2015 | 0.68% | 1.32% | 0.14x | 3.68x | CN¥-339.43 Million |
| 2016 | -2.14% | -6.71% | 0.08x | 3.79x | CN¥-606.49 Million |
| 2017 | 4.63% | 13.14% | 0.10x | 3.37x | CN¥-302.73 Million |
| 2018 | 8.06% | 21.04% | 0.12x | 3.18x | CN¥-116.87 Million |
| 2019 | 6.60% | 18.63% | 0.12x | 2.97x | CN¥-217.57 Million |
| 2020 | 6.58% | 19.52% | 0.12x | 2.83x | CN¥-229.41 Million |
| 2021 | 3.83% | 12.95% | 0.11x | 2.61x | CN¥-420.42 Million |
| 2022 | 3.66% | 14.75% | 0.09x | 2.65x | CN¥-523.87 Million |
| 2023 | 13.48% | 16.82% | 0.34x | 2.37x | CN¥302.47 Million |
| 2024 | 12.12% | 18.91% | 0.24x | 2.65x | CN¥287.49 Million |
Industry Comparison
This section compares GEPIC Energy Development Co Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,146,932,722
- Average return on equity (ROE) among peers: 11.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GEPIC Energy Development Co Ltd (000791) | CN¥17.89 Billion | 49.19% | 1.15x | $765.93 Million |
| Tunghsu Azure Renewable Energy Co Ltd (000040) | $867.90 Million | 2.09% | 1.86x | $58.47 Million |
| Tianjin Guangyu Development Co Ltd (000537) | $277.96 Million | 10.57% | 1.45x | $889.49 Million |
| CECEP Solar Energy Co Ltd (000591) | $162.02 Million | 10.48% | 1.97x | $2.20 Billion |
| Tieling Newcity Investment Holding Ltd (000809) | $3.45 Billion | 20.56% | 0.64x | $269.10 Million |
| Hubei Energy Group Co Ltd (000883) | $730.62 Million | 9.40% | 0.33x | $1.99 Billion |
| Fujian MinDong Electric Power Co Ltd (000993) | $1.70 Billion | 3.61% | 1.46x | $406.20 Million |
| Xinjiang Lixin Energy Co. Ltd. A (001258) | $2.92 Billion | 1.72% | 4.24x | $377.98 Million |
| Shenzhen Feima International Supply Chain Co Ltd (002210) | $148.08 Million | 3.32% | 6.54x | $718.01 Million |
| Shenzhen Sunrise New Energy Co Ltd (002256) | $65.12 Million | 40.54% | 1.51x | $785.39 Million |