Fujian MinDong Electric Power Co Ltd (000993) - Net Assets

Latest as of March 2026: CN¥2.59 Billion CNY ≈ $379.00 Million USD

Based on the latest financial reports, Fujian MinDong Electric Power Co Ltd (000993) has net assets worth CN¥2.59 Billion CNY (≈ $379.00 Million 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¥3.57 Billion ≈ $522.55 Million USD) and total liabilities (CN¥981.01 Million ≈ $143.55 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 how strategically is Fujian MinDong Electric Power Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥2.59 Billion
% of Total Assets 72.53%
Annual Growth Rate 10.6%
5-Year Change 25.46%
10-Year Change 61.94%
Growth Volatility 69.72

Fujian MinDong Electric Power Co Ltd - Net Assets Trend (1997–2025)

This chart illustrates how Fujian MinDong Electric Power Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 000993 company net worth.

Annual Net Assets for Fujian MinDong Electric Power Co Ltd (1997–2025)

The table below shows the annual net assets of Fujian MinDong Electric Power Co Ltd from 1997 to 2025. Also explore net asset momentum of Fujian MinDong Electric Power Co Ltd to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2025-12-31 CN¥2.62 Billion
≈ $382.71 Million		 +2.41%
2024-12-31 CN¥2.55 Billion
≈ $373.69 Million		 +1.96%
2023-12-31 CN¥2.50 Billion
≈ $366.52 Million		 +10.45%
2022-12-31 CN¥2.27 Billion
≈ $331.84 Million		 +8.78%
2021-12-31 CN¥2.08 Billion
≈ $305.05 Million		 +6.00%
2020-12-31 CN¥1.97 Billion
≈ $287.79 Million		 -4.38%
2019-12-31 CN¥2.06 Billion
≈ $300.96 Million		 +6.92%
2018-12-31 CN¥1.92 Billion
≈ $281.49 Million		 -17.14%
2017-12-31 CN¥2.32 Billion
≈ $339.70 Million		 +43.74%
2016-12-31 CN¥1.62 Billion
≈ $236.33 Million		 +3.13%
2015-12-31 CN¥1.57 Billion
≈ $229.16 Million		 +0.95%
2014-12-31 CN¥1.55 Billion
≈ $226.99 Million		 -8.96%
2013-12-31 CN¥1.70 Billion
≈ $249.35 Million		 +3.92%
2012-12-31 CN¥1.64 Billion
≈ $239.95 Million		 +3.40%
2011-12-31 CN¥1.59 Billion
≈ $232.05 Million		 -2.05%
2010-12-31 CN¥1.62 Billion
≈ $236.91 Million		 +8.75%
2009-12-31 CN¥1.49 Billion
≈ $217.85 Million		 +4.48%
2008-12-31 CN¥1.42 Billion
≈ $208.50 Million		 +3.59%
2007-12-31 CN¥1.38 Billion
≈ $201.27 Million		 +3.53%
2006-12-31 CN¥1.33 Billion
≈ $194.40 Million		 +2.10%
2005-12-31 CN¥1.30 Billion
≈ $190.41 Million		 +5.71%
2004-12-31 CN¥1.23 Billion
≈ $180.12 Million		 -12.22%
2003-12-31 CN¥1.40 Billion
≈ $205.20 Million		 -5.48%
2002-12-31 CN¥1.48 Billion
≈ $217.10 Million		 +1.09%
2001-12-31 CN¥1.47 Billion
≈ $214.75 Million		 +0.06%
2000-12-31 CN¥1.47 Billion
≈ $214.63 Million		 +366.06%
1999-12-31 CN¥314.70 Million
≈ $46.05 Million		 +2.70%
1998-12-31 CN¥306.44 Million
≈ $44.84 Million		 +97.01%
1997-12-31 CN¥155.54 Million
≈ $22.76 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Fujian MinDong Electric 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 grown by 43097977378.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥430.98 Million 16.76%
Other Components CN¥2.14 Billion 83.24%
Total Equity CN¥2.57 Billion 100.00%

Fujian MinDong Electric Power Co Ltd Competitors by Market Cap

The table below lists competitors of Fujian MinDong Electric Power Co Ltd ranked by their market capitalization.

Company Market Cap
ZINKA LOGISTICS SOL LTD
NSE:BLACKBUCK
 $1.20 Billion
Titagarh Rail Systems Limited
NSE:TITAGARH
 $1.20 Billion
Taiji Computer Corp Ltd
SHE:002368
 $1.20 Billion
Gansu Yasheng Industrial Group Co Ltd
SHG:600108
 $1.21 Billion
Baosheng
SHG:600973
 $1.20 Billion
Shanghai Taisheng Wind Power
SHE:300129
 $1.20 Billion
Beijing Sanju Environmental
SHE:300072
 $1.20 Billion
Columbia Financial Inc
NASDAQ:CLBK
 $1.20 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Fujian MinDong Electric Power Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 2,505,873,253 to 2,571,709,813, a change of 65,836,560 (2.6%).
  • Net income of 58,876,738 contributed positively to equity growth.
  • Dividend payments of 14,397,951 reduced retained earnings.
  • Other comprehensive income decreased equity by 35,992,208.
  • Other factors increased equity by 57,349,981.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥58.88 Million +2.29%
Dividends Paid CN¥14.40 Million -0.56%
Other Comprehensive Income CN¥-35.99 Million -1.4%
Other Changes CN¥57.35 Million +2.23%
Total Change CN¥- 2.63%

Book Value vs Market Value Analysis

This analysis compares Fujian MinDong Electric 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: 3.20x
  • 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 41.33x to 3.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.43 CN¥17.97 x
1998-12-31 CN¥0.86 CN¥17.97 x
1999-12-31 CN¥0.88 CN¥17.97 x
2000-12-31 CN¥4.03 CN¥17.97 x
2001-12-31 CN¥4.03 CN¥17.97 x
2002-12-31 CN¥4.05 CN¥17.97 x
2003-12-31 CN¥3.80 CN¥17.97 x
2004-12-31 CN¥3.24 CN¥17.97 x
2005-12-31 CN¥3.40 CN¥17.97 x
2006-12-31 CN¥3.40 CN¥17.97 x
2007-12-31 CN¥3.67 CN¥17.97 x
2008-12-31 CN¥3.56 CN¥17.97 x
2009-12-31 CN¥3.82 CN¥17.97 x
2010-12-31 CN¥4.16 CN¥17.97 x
2011-12-31 CN¥4.09 CN¥17.97 x
2012-12-31 CN¥4.19 CN¥17.97 x
2013-12-31 CN¥4.42 CN¥17.97 x
2014-12-31 CN¥3.98 CN¥17.97 x
2015-12-31 CN¥3.93 CN¥17.97 x
2016-12-31 CN¥4.06 CN¥17.97 x
2017-12-31 CN¥5.94 CN¥17.97 x
2018-12-31 CN¥4.02 CN¥17.97 x
2019-12-31 CN¥4.34 CN¥17.97 x
2020-12-31 CN¥4.26 CN¥17.97 x
2021-12-31 CN¥4.40 CN¥17.97 x
2022-12-31 CN¥4.81 CN¥17.97 x
2023-12-31 CN¥5.34 CN¥17.97 x
2024-12-31 CN¥5.48 CN¥17.97 x
2025-12-31 CN¥5.62 CN¥17.97 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fujian MinDong Electric 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): 2.29%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.84%
  • • Asset Turnover: 0.17x
  • • Equity Multiplier: 1.41x
  • Recent ROE (2.29%) is below the historical average (3.27%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 33.59% 30.22% 0.37x 2.97x CN¥36.69 Million
1998 15.94% 27.48% 0.30x 1.95x CN¥18.21 Million
1999 10.51% 19.25% 0.25x 2.20x CN¥1.59 Million
2000 3.02% 24.18% 0.09x 1.41x CN¥-100.79 Million
2001 2.00% 12.97% 0.10x 1.51x CN¥-115.54 Million
2002 1.56% 9.80% 0.10x 1.67x CN¥-122.46 Million
2003 -7.04% -43.37% 0.09x 1.90x CN¥-231.78 Million
2004 -17.29% -102.96% 0.09x 1.82x CN¥-316.09 Million
2005 4.65% 21.69% 0.13x 1.63x CN¥-65.02 Million
2006 2.60% 11.14% 0.14x 1.68x CN¥-92.11 Million
2007 1.64% 8.24% 0.11x 1.87x CN¥-109.68 Million
2008 3.66% 9.04% 0.22x 1.84x CN¥-86.35 Million
2009 6.28% 18.07% 0.20x 1.73x CN¥-53.54 Million
2010 6.72% 20.38% 0.18x 1.80x CN¥-50.58 Million
2011 1.22% 4.82% 0.14x 1.85x CN¥-133.04 Million
2012 3.60% 4.54% 0.34x 2.30x CN¥-100.08 Million
2013 3.40% 3.29% 0.40x 2.57x CN¥-107.40 Million
2014 1.76% 2.24% 0.30x 2.61x CN¥-121.90 Million
2015 1.53% 2.52% 0.27x 2.28x CN¥-127.29 Million
2016 1.72% 4.08% 0.17x 2.53x CN¥-126.49 Million
2017 1.01% 2.51% 0.20x 1.99x CN¥-200.93 Million
2018 -21.16% -69.98% 0.15x 2.08x CN¥-574.86 Million
2019 5.30% 17.67% 0.16x 1.91x CN¥-93.69 Million
2020 -4.22% -21.84% 0.09x 2.21x CN¥-271.80 Million
2021 5.91% 20.61% 0.13x 2.14x CN¥-83.01 Million
2022 8.32% 25.18% 0.17x 2.00x CN¥-37.24 Million
2023 9.54% 15.60% 0.44x 1.38x CN¥-11.19 Million
2024 6.76% 28.10% 0.16x 1.46x CN¥-81.26 Million
2025 2.29% 9.84% 0.17x 1.41x CN¥-198.29 Million

Industry Comparison

This section compares Fujian MinDong Electric Power Co Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $2,691,621,355
  • Average return on equity (ROE) among peers: 715.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Fujian MinDong Electric Power Co Ltd (000993) CN¥2.59 Billion 33.59% 0.38x $1.20 Billion
Tunghsu Azure Renewable Energy Co Ltd (000040) $840.93 Million 0.00% 1.71x $106.61 Million
Tianjin Guangyu Development Co Ltd (000537) $789.38 Million 10.37% 2.65x $2.23 Billion
Guangdong Electric Power Development Co Ltd (000539) $9.64 Billion 12.64% 0.29x $3.35 Billion
CECEP Solar Energy Co Ltd (000591) $162.02 Million 10.48% 1.97x $2.45 Billion
GEPIC Energy Development Co Ltd (000791) $9.38 Billion 3.22% 1.33x $3.39 Billion
Tieling Newcity Investment Holding Ltd (000809) $164.09 Million 5.24% 0.19x $429.67 Million
Hubei Energy Group Co Ltd (000883) $1.18 Billion 2.65% 2.48x $4.19 Billion
Shenzhen Feima International Supply Chain Co Ltd (002210) $129.28 Million 6405.64% 7.60x $837.26 Million
Shenzhen Sunrise New Energy Co Ltd (002256) $1.94 Billion -10.48% 0.59x $933.69 Million

About Fujian MinDong Electric Power Co Ltd

SHE:000993 China Utilities - Renewable
Market Cap
$1.20 Billion
CN¥8.23 Billion CNY
Market Cap Rank
#8124 Global
#1866 in China
Share Price
CN¥17.97
Change (1 day)
-2.76%
52-Week Range
CN¥9.41 - CN¥18.48
All Time High
CN¥19.04
Categories
Companies in China Utilities - Renewable
About

Fujian Mindong Electric Power Group Co., Ltd., together with its subsidiaries, engages in the production and development of hydropower, wind, and photovoltaic power in China. As of December 2024, the company's equity installed capacity is 587,800 kilowatts. It is also involved in the real estate development; new energy project investment; power equipment installation and maintenance; mineral prod… Read more