Jiangxi Ganneng Co Ltd
Jiangxi Ganneng Co., Ltd. engages in power generation and transmission business in China. The company is involved in the hydro, thermal, and solar power generation activities; development, construction, and operation of waste and industrial waste incineration power stations; purchase and sale of electricity, heating, water supply, cooling, steam supply and other integrated energy services; smart … Read more
Jiangxi Ganneng Co Ltd (000899) - Net Assets
Latest net assets as of September 2025: CN¥7.25 Billion CNY
Based on the latest financial reports, Jiangxi Ganneng Co Ltd (000899) has net assets worth CN¥7.25 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¥20.48 Billion) and total liabilities (CN¥13.23 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¥7.25 Billion |
| % of Total Assets | 35.4% |
| Annual Growth Rate | 13.21% |
| 5-Year Change | 17.66% |
| 10-Year Change | 125.82% |
| Growth Volatility | 79.68 |
Jiangxi Ganneng Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Jiangxi Ganneng 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 Jiangxi Ganneng Co Ltd (1994–2024)
The table below shows the annual net assets of Jiangxi Ganneng Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.92 Billion | +12.77% |
| 2023-12-31 | CN¥5.25 Billion | +10.91% |
| 2022-12-31 | CN¥4.74 Billion | +0.77% |
| 2021-12-31 | CN¥4.70 Billion | -6.65% |
| 2020-12-31 | CN¥5.04 Billion | +4.99% |
| 2019-12-31 | CN¥4.80 Billion | +2.98% |
| 2018-12-31 | CN¥4.66 Billion | +4.22% |
| 2017-12-31 | CN¥4.47 Billion | -6.29% |
| 2016-12-31 | CN¥4.77 Billion | +81.76% |
| 2015-12-31 | CN¥2.62 Billion | +24.13% |
| 2014-12-31 | CN¥2.11 Billion | +19.20% |
| 2013-12-31 | CN¥1.77 Billion | +33.81% |
| 2012-12-31 | CN¥1.33 Billion | +12.30% |
| 2011-12-31 | CN¥1.18 Billion | -18.71% |
| 2010-12-31 | CN¥1.45 Billion | -3.16% |
| 2009-12-31 | CN¥1.50 Billion | +6.45% |
| 2008-12-31 | CN¥1.41 Billion | -11.17% |
| 2007-12-31 | CN¥1.58 Billion | +0.94% |
| 2006-12-31 | CN¥1.57 Billion | +2.59% |
| 2005-12-31 | CN¥1.53 Billion | +2.37% |
| 2004-12-31 | CN¥1.50 Billion | -1.29% |
| 2003-12-31 | CN¥1.51 Billion | +5.66% |
| 2002-12-31 | CN¥1.43 Billion | +1.54% |
| 2001-12-31 | CN¥1.41 Billion | -3.54% |
| 2000-12-31 | CN¥1.46 Billion | +15.78% |
| 1999-12-31 | CN¥1.26 Billion | +11.04% |
| 1998-12-31 | CN¥1.14 Billion | +12.43% |
| 1997-12-31 | CN¥1.01 Billion | +441.88% |
| 1996-12-31 | CN¥186.89 Million | +11.14% |
| 1995-12-31 | CN¥168.15 Million | +17.40% |
| 1994-12-31 | CN¥143.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangxi Ganneng 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 179658171900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.80 Billion | 31.22% |
| Common Stock | CN¥975.68 Million | 16.96% |
| Other Comprehensive Income | CN¥22.89 Million | 0.40% |
| Other Components | CN¥2.96 Billion | 51.43% |
| Total Equity | CN¥5.75 Billion | 100.00% |
Jiangxi Ganneng Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangxi Ganneng Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pell Bio-Med Technology Co., Ltd.
TW:6949
|
$507.62 Million |
|
Top Resource Conservation Engineering Co Ltd
SHE:300332
|
$507.68 Million |
|
Beijing Hualu Baina Film TV
SHE:300291
|
$507.72 Million |
|
Midland States Bancorp Inc
NASDAQ:MSBIP
|
$507.98 Million |
|
MorningStar Partners, L.P.
NYSE:TXO
|
$507.44 Million |
|
MedCap AB (publ)
ST:MCAP
|
$507.41 Million |
|
Si-Bone Inc
NASDAQ:SIBN
|
$507.40 Million |
|
CGN Nuclear Technology Development Co Ltd
SHE:000881
|
$507.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangxi Ganneng Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,235,004,058 to 5,754,301,718, a change of 519,297,660 (9.9%).
- Net income of 714,052,681 contributed positively to equity growth.
- Dividend payments of 398,871,174 reduced retained earnings.
- Other comprehensive income decreased equity by 483,772,490.
- Other factors increased equity by 687,888,643.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥714.05 Million | +12.41% |
| Dividends Paid | CN¥398.87 Million | -6.93% |
| Other Comprehensive Income | CN¥-483.77 Million | -8.41% |
| Other Changes | CN¥687.89 Million | +11.95% |
| Total Change | CN¥- | 9.92% |
Book Value vs Market Value Analysis
This analysis compares Jiangxi Ganneng 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: 2.25x
- 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 59.82x to 2.25x 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¥0.22 | CN¥13.25 | x |
| 1995-12-31 | CN¥0.26 | CN¥13.25 | x |
| 1996-12-31 | CN¥0.29 | CN¥13.25 | x |
| 1997-12-31 | CN¥1.57 | CN¥13.25 | x |
| 1998-12-31 | CN¥1.76 | CN¥13.25 | x |
| 1999-12-31 | CN¥1.96 | CN¥13.25 | x |
| 2000-12-31 | CN¥2.26 | CN¥13.25 | x |
| 2001-12-31 | CN¥2.18 | CN¥13.25 | x |
| 2002-12-31 | CN¥2.15 | CN¥13.25 | x |
| 2003-12-31 | CN¥2.27 | CN¥13.25 | x |
| 2004-12-31 | CN¥2.25 | CN¥13.25 | x |
| 2005-12-31 | CN¥2.31 | CN¥13.25 | x |
| 2006-12-31 | CN¥2.36 | CN¥13.25 | x |
| 2007-12-31 | CN¥2.38 | CN¥13.25 | x |
| 2008-12-31 | CN¥2.18 | CN¥13.25 | x |
| 2009-12-31 | CN¥2.30 | CN¥13.25 | x |
| 2010-12-31 | CN¥2.23 | CN¥13.25 | x |
| 2011-12-31 | CN¥1.81 | CN¥13.25 | x |
| 2012-12-31 | CN¥2.03 | CN¥13.25 | x |
| 2013-12-31 | CN¥2.72 | CN¥13.25 | x |
| 2014-12-31 | CN¥3.26 | CN¥13.25 | x |
| 2015-12-31 | CN¥4.06 | CN¥13.25 | x |
| 2016-12-31 | CN¥5.04 | CN¥13.25 | x |
| 2017-12-31 | CN¥5.43 | CN¥13.25 | x |
| 2018-12-31 | CN¥4.69 | CN¥13.25 | x |
| 2019-12-31 | CN¥4.90 | CN¥13.25 | x |
| 2020-12-31 | CN¥5.13 | CN¥13.25 | x |
| 2021-12-31 | CN¥4.77 | CN¥13.25 | x |
| 2022-12-31 | CN¥4.78 | CN¥13.25 | x |
| 2023-12-31 | CN¥5.35 | CN¥13.25 | x |
| 2024-12-31 | CN¥5.88 | CN¥13.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangxi Ganneng 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): 12.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.32%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 3.02x
- Recent ROE (12.41%) is above the historical average (12.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 61.02% | 27.06% | 0.44x | 5.14x | CN¥73.07 Million |
| 1995 | 79.33% | 29.47% | 0.62x | 4.35x | CN¥116.57 Million |
| 1996 | 66.84% | 26.93% | 0.76x | 3.26x | CN¥106.23 Million |
| 1997 | 12.17% | 32.74% | 0.30x | 1.23x | CN¥21.99 Million |
| 1998 | 16.50% | 41.62% | 0.33x | 1.20x | CN¥73.99 Million |
| 1999 | 10.11% | 27.21% | 0.33x | 1.14x | CN¥1.34 Million |
| 2000 | 6.15% | 18.10% | 0.31x | 1.08x | CN¥-56.39 Million |
| 2001 | 4.27% | 12.16% | 0.32x | 1.10x | CN¥-80.72 Million |
| 2002 | 2.79% | 7.51% | 0.32x | 1.15x | CN¥-100.17 Million |
| 2003 | 5.42% | 14.01% | 0.34x | 1.14x | CN¥-67.26 Million |
| 2004 | 2.96% | 6.61% | 0.38x | 1.18x | CN¥-102.51 Million |
| 2005 | 2.34% | 5.22% | 0.36x | 1.24x | CN¥-114.35 Million |
| 2006 | 3.90% | 8.27% | 0.33x | 1.43x | CN¥-93.15 Million |
| 2007 | 2.27% | 5.44% | 0.28x | 1.48x | CN¥-118.67 Million |
| 2008 | 2.54% | 1.58% | 0.33x | 4.79x | CN¥-105.08 Million |
| 2009 | 5.40% | 3.71% | 0.34x | 4.29x | CN¥-68.46 Million |
| 2010 | -2.74% | -1.92% | 0.32x | 4.48x | CN¥-183.81 Million |
| 2011 | -23.19% | -10.49% | 0.39x | 5.71x | CN¥-388.63 Million |
| 2012 | 12.53% | 6.42% | 0.42x | 4.70x | CN¥33.31 Million |
| 2013 | 24.99% | 16.64% | 0.43x | 3.48x | CN¥264.42 Million |
| 2014 | 18.43% | 14.53% | 0.45x | 2.83x | CN¥177.36 Million |
| 2015 | 21.90% | 22.51% | 0.43x | 2.28x | CN¥312.20 Million |
| 2016 | 7.93% | 17.38% | 0.29x | 1.59x | CN¥-98.63 Million |
| 2017 | 0.37% | 0.77% | 0.29x | 1.64x | CN¥-430.41 Million |
| 2018 | 4.05% | 7.34% | 0.34x | 1.63x | CN¥-277.20 Million |
| 2019 | 5.09% | 9.11% | 0.36x | 1.54x | CN¥-235.09 Million |
| 2020 | 6.32% | 11.80% | 0.34x | 1.60x | CN¥-184.19 Million |
| 2021 | -5.34% | -9.19% | 0.27x | 2.12x | CN¥-713.15 Million |
| 2022 | 0.23% | 0.26% | 0.35x | 2.53x | CN¥-455.95 Million |
| 2023 | 9.35% | 6.91% | 0.52x | 2.61x | CN¥-33.90 Million |
| 2024 | 12.41% | 10.32% | 0.40x | 3.02x | CN¥138.62 Million |
Industry Comparison
This section compares Jiangxi Ganneng 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: $3,079,446,781
- Average return on equity (ROE) among peers: 7.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi Ganneng Co Ltd (000899) | CN¥7.25 Billion | 61.02% | 1.83x | $507.45 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 |
| Guangdong Shaoneng Group Co Ltd (000601) | $2.77 Billion | 3.03% | 1.64x | $561.99 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 |