Jiangxi Ganneng Co Ltd (000899) - Net Assets
Based on the latest financial reports, Jiangxi Ganneng Co Ltd (000899) has net assets worth CN¥7.81 Billion CNY (≈ $1.14 Billion 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¥21.29 Billion ≈ $3.12 Billion USD) and total liabilities (CN¥13.48 Billion ≈ $1.97 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 000899 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.81 Billion |
| % of Total Assets | 36.67% |
| Annual Growth Rate | 13.64% |
| 5-Year Change | 60.48% |
| 10-Year Change | 58.19% |
| Growth Volatility | 78.38 |
Jiangxi Ganneng Co Ltd - Net Assets Trend (1994–2025)
This chart illustrates how Jiangxi Ganneng Co Ltd's net assets have evolved over time, based on quarterly financial data. See Jiangxi Ganneng Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jiangxi Ganneng Co Ltd (1994–2025)
The table below shows the annual net assets of Jiangxi Ganneng Co Ltd from 1994 to 2025. For live valuation and market cap data, see 000899 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥7.54 Billion ≈ $1.10 Billion |
+27.32% |
| 2024-12-31 | CN¥5.92 Billion ≈ $866.96 Million |
+12.77% |
| 2023-12-31 | CN¥5.25 Billion ≈ $768.78 Million |
+10.91% |
| 2022-12-31 | CN¥4.74 Billion ≈ $693.15 Million |
+0.77% |
| 2021-12-31 | CN¥4.70 Billion ≈ $687.86 Million |
-6.65% |
| 2020-12-31 | CN¥5.04 Billion ≈ $736.83 Million |
+4.99% |
| 2019-12-31 | CN¥4.80 Billion ≈ $701.81 Million |
+2.98% |
| 2018-12-31 | CN¥4.66 Billion ≈ $681.48 Million |
+4.22% |
| 2017-12-31 | CN¥4.47 Billion ≈ $653.89 Million |
-6.29% |
| 2016-12-31 | CN¥4.77 Billion ≈ $697.81 Million |
+81.76% |
| 2015-12-31 | CN¥2.62 Billion ≈ $383.92 Million |
+24.13% |
| 2014-12-31 | CN¥2.11 Billion ≈ $309.28 Million |
+19.20% |
| 2013-12-31 | CN¥1.77 Billion ≈ $259.46 Million |
+33.81% |
| 2012-12-31 | CN¥1.33 Billion ≈ $193.90 Million |
+12.30% |
| 2011-12-31 | CN¥1.18 Billion ≈ $172.66 Million |
-18.71% |
| 2010-12-31 | CN¥1.45 Billion ≈ $212.40 Million |
-3.16% |
| 2009-12-31 | CN¥1.50 Billion ≈ $219.32 Million |
+6.45% |
| 2008-12-31 | CN¥1.41 Billion ≈ $206.03 Million |
-11.17% |
| 2007-12-31 | CN¥1.58 Billion ≈ $231.92 Million |
+0.94% |
| 2006-12-31 | CN¥1.57 Billion ≈ $229.76 Million |
+2.59% |
| 2005-12-31 | CN¥1.53 Billion ≈ $223.97 Million |
+2.37% |
| 2004-12-31 | CN¥1.50 Billion ≈ $218.79 Million |
-1.29% |
| 2003-12-31 | CN¥1.51 Billion ≈ $221.65 Million |
+5.66% |
| 2002-12-31 | CN¥1.43 Billion ≈ $209.78 Million |
+1.54% |
| 2001-12-31 | CN¥1.41 Billion ≈ $206.60 Million |
-3.54% |
| 2000-12-31 | CN¥1.46 Billion ≈ $214.19 Million |
+15.78% |
| 1999-12-31 | CN¥1.26 Billion ≈ $185.00 Million |
+11.04% |
| 1998-12-31 | CN¥1.14 Billion ≈ $166.60 Million |
+12.43% |
| 1997-12-31 | CN¥1.01 Billion ≈ $148.19 Million |
+441.88% |
| 1996-12-31 | CN¥186.89 Million ≈ $27.35 Million |
+11.14% |
| 1995-12-31 | CN¥168.15 Million ≈ $24.61 Million |
+17.40% |
| 1994-12-31 | CN¥143.22 Million ≈ $20.96 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 238997735455.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.39 Billion | 37.08% |
| Other Components | CN¥4.06 Billion | 62.92% |
| Total Equity | CN¥6.45 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 |
|---|---|
|
PG Electroplast Limited
NSE:PGEL
|
$1.68 Billion |
|
North West Company Inc
TO:NWC
|
$1.68 Billion |
|
Zbit Semiconductor Inc. A
SHG:688416
|
$1.68 Billion |
|
Poly Medicure Limited
NSE:POLYMED
|
$1.69 Billion |
|
Dime Community Bancshares, Inc.
NYSE:DCOM
|
$1.68 Billion |
|
Jiangsu Evergreen New Material Technology Inc. Co. A
SHG:603125
|
$1.68 Billion |
|
ST Pharm Co.Ltd
KQ:237690
|
$1.68 Billion |
|
PC Connection Inc
NASDAQ:CNXN
|
$1.68 Billion |
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 2024 to 2025, total equity changed from 5,754,301,718 to 6,445,713,395, a change of 691,411,677 (12.0%).
- Net income of 1,006,611,279 contributed positively to equity growth.
- Dividend payments of 606,954,642 reduced retained earnings.
- Other comprehensive income decreased equity by 22,887,915.
- Other factors increased equity by 314,642,955.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.01 Billion | +15.62% |
| Dividends Paid | CN¥606.95 Million | -9.42% |
| Other Comprehensive Income | CN¥-22.89 Million | -0.36% |
| Other Changes | CN¥314.64 Million | +4.88% |
| Total Change | CN¥- | 12.02% |
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: 1.78x
- 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 53.23x to 1.78x 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¥11.79 | x |
| 1995-12-31 | CN¥0.26 | CN¥11.79 | x |
| 1996-12-31 | CN¥0.29 | CN¥11.79 | x |
| 1997-12-31 | CN¥1.57 | CN¥11.79 | x |
| 1998-12-31 | CN¥1.76 | CN¥11.79 | x |
| 1999-12-31 | CN¥1.96 | CN¥11.79 | x |
| 2000-12-31 | CN¥2.26 | CN¥11.79 | x |
| 2001-12-31 | CN¥2.18 | CN¥11.79 | x |
| 2002-12-31 | CN¥2.15 | CN¥11.79 | x |
| 2003-12-31 | CN¥2.27 | CN¥11.79 | x |
| 2004-12-31 | CN¥2.25 | CN¥11.79 | x |
| 2005-12-31 | CN¥2.31 | CN¥11.79 | x |
| 2006-12-31 | CN¥2.36 | CN¥11.79 | x |
| 2007-12-31 | CN¥2.38 | CN¥11.79 | x |
| 2008-12-31 | CN¥2.18 | CN¥11.79 | x |
| 2009-12-31 | CN¥2.30 | CN¥11.79 | x |
| 2010-12-31 | CN¥2.23 | CN¥11.79 | x |
| 2011-12-31 | CN¥1.81 | CN¥11.79 | x |
| 2012-12-31 | CN¥2.03 | CN¥11.79 | x |
| 2013-12-31 | CN¥2.72 | CN¥11.79 | x |
| 2014-12-31 | CN¥3.26 | CN¥11.79 | x |
| 2015-12-31 | CN¥4.06 | CN¥11.79 | x |
| 2016-12-31 | CN¥5.04 | CN¥11.79 | x |
| 2017-12-31 | CN¥5.43 | CN¥11.79 | x |
| 2018-12-31 | CN¥4.69 | CN¥11.79 | x |
| 2019-12-31 | CN¥4.90 | CN¥11.79 | x |
| 2020-12-31 | CN¥5.13 | CN¥11.79 | x |
| 2021-12-31 | CN¥4.77 | CN¥11.79 | x |
| 2022-12-31 | CN¥4.78 | CN¥11.79 | x |
| 2023-12-31 | CN¥5.35 | CN¥11.79 | x |
| 2024-12-31 | CN¥5.88 | CN¥11.79 | x |
| 2025-12-31 | CN¥6.61 | CN¥11.79 | 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): 15.62%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.61%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 3.38x
- Recent ROE (15.62%) is above the historical average (12.25%), 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 |
| 2025 | 15.62% | 13.61% | 0.34x | 3.38x | CN¥362.04 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: $2,867,659,381
- Average return on equity (ROE) among peers: 6.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi Ganneng Co Ltd (000899) | CN¥7.81 Billion | 61.02% | 1.73x | $1.68 Billion |
| Shenzhen Energy Group Co Ltd (000027) | $6.74 Billion | 10.97% | 0.35x | $5.13 Billion |
| Shenzhen Nanshan Power Co Ltd (000037) | $2.02 Billion | 0.79% | 0.42x | $571.31 Million |
| Guangzhou Hengyun Enterprises Holding Ltd (000531) | $3.48 Billion | 18.56% | 1.15x | $1.05 Billion |
| An Hui Wenergy Co Ltd (000543) | $4.92 Billion | 0.39% | 2.00x | $2.84 Billion |
| Jointo Energy Investment Co Ltd Hebei (000600) | $315.53 Million | 1.03% | 1.12x | $2.81 Billion |
| Guangdong Shaoneng Group Co Ltd (000601) | $4.74 Billion | 9.40% | 0.93x | $1.10 Billion |
| Tianjin Binhai Energy & Development Co Ltd (000695) | $372.22 Million | -7.77% | 1.40x | $490.72 Million |
| Shanxi Zhangze Electric Power Co Ltd (000767) | $804.64 Million | 17.73% | 14.30x | $2.25 Billion |
| Jilin Power Share Co Ltd (000875) | $2.41 Billion | 5.12% | 0.40x | $3.11 Billion |
About Jiangxi Ganneng Co Ltd
Jiangxi Ganneng Co., Ltd. engages in power generation business in China. The company provides electricity through thermal power, hydropower, photovoltaic, and new energy power generation. It is also involved in the research and development, and services for power industry technology; operates in heat production and supply industry. The company operates an installed power capacity of 6,250.5 MW. J… Read more