Jiangxi Bestoo Energy Co Ltd

SHE:001376 China Utilities - Regulated Electric
Market Cap
$1.37 Billion
CN¥10.03 Billion CNY
Market Cap Rank
#9302 Global
#1893 in China
Share Price
CN¥21.77
Change (1 day)
-1.18%
52-Week Range
CN¥11.61 - CN¥24.52
All Time High
CN¥38.38
About

Jiangxi Bestoo Energy Co.,Ltd. provides centralized heating services for industrial parks, clusters, and downstream industrial customers in China. The company's main products are steam and electricity. It serves customers in various industries, such as food, brewing, chemicals, textiles, paper making, and medicines. The company was founded in 2010 and is based in Beijing, China.

Jiangxi Bestoo Energy Co Ltd (001376) - Net Assets

Latest net assets as of September 2025: CN¥1.17 Billion CNY

Based on the latest financial reports, Jiangxi Bestoo Energy Co Ltd (001376) has net assets worth CN¥1.17 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¥1.69 Billion) and total liabilities (CN¥514.95 Million). 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¥1.17 Billion
% of Total Assets 69.47%
Annual Growth Rate 34.04%
5-Year Change 117.26%
10-Year Change N/A
Growth Volatility 142.14

Jiangxi Bestoo Energy Co Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Jiangxi Bestoo Energy 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 Bestoo Energy Co Ltd (2013–2024)

The table below shows the annual net assets of Jiangxi Bestoo Energy Co Ltd from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.10 Billion +10.53%
2023-12-31 CN¥995.28 Million +35.91%
2022-12-31 CN¥732.29 Million +17.62%
2021-12-31 CN¥622.58 Million +22.96%
2020-12-31 CN¥506.34 Million +14.15%
2019-12-31 CN¥443.57 Million +25.11%
2018-12-31 CN¥354.54 Million +453.17%
2014-12-31 CN¥64.09 Million +46.28%
2013-12-31 CN¥43.81 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangxi Bestoo Energy 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 36934370373.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥367.85 Million 33.50%
Common Stock CN¥460.90 Million 41.97%
Other Components CN¥269.35 Million 24.53%
Total Equity CN¥1.10 Billion 100.00%

Jiangxi Bestoo Energy Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangxi Bestoo Energy Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangxi Bestoo Energy Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 993,223,113 to 1,098,106,811, a change of 104,883,698 (10.6%).
  • Net income of 191,229,024 contributed positively to equity growth.
  • Dividend payments of 75,167,573 reduced retained earnings.
  • Share repurchases of 18,320,025 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥191.23 Million +17.41%
Dividends Paid CN¥75.17 Million -6.85%
Share Repurchases CN¥18.32 Million -1.67%
Other Changes CN¥7.14 Million +0.65%
Total Change CN¥- 10.56%

Book Value vs Market Value Analysis

This analysis compares Jiangxi Bestoo Energy 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: 9.11x
  • 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 22.74x to 9.11x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 CN¥0.96 CN¥21.77 x
2014-12-31 CN¥1.25 CN¥21.77 x
2018-12-31 CN¥0.91 CN¥21.77 x
2019-12-31 CN¥1.16 CN¥21.77 x
2020-12-31 CN¥1.09 CN¥21.77 x
2021-12-31 CN¥1.35 CN¥21.77 x
2022-12-31 CN¥1.58 CN¥21.77 x
2023-12-31 CN¥2.15 CN¥21.77 x
2024-12-31 CN¥2.39 CN¥21.77 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangxi Bestoo Energy 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): 17.41%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.89%
  • • Asset Turnover: 0.69x
  • • Equity Multiplier: 1.50x
  • Recent ROE (17.41%) is above the historical average (9.42%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 -13.58% -2.58% 0.78x 6.72x CN¥-9.45 Million
2014 1.60% 0.47% 0.43x 7.99x CN¥-3.42 Million
2018 10.98% 11.84% 0.40x 2.34x CN¥3.21 Million
2019 15.50% 16.65% 0.38x 2.43x CN¥24.10 Million
2020 14.07% 14.81% 0.40x 2.35x CN¥20.51 Million
2021 10.51% 8.25% 0.59x 2.15x CN¥3.17 Million
2022 15.05% 10.15% 0.78x 1.91x CN¥36.90 Million
2023 13.22% 12.14% 0.75x 1.46x CN¥32.01 Million
2024 17.41% 16.89% 0.69x 1.50x CN¥81.42 Million

Industry Comparison

This section compares Jiangxi Bestoo Energy 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: $2,914,861,497
  • Average return on equity (ROE) among peers: 6.69%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangxi Bestoo Energy Co Ltd (001376) CN¥1.17 Billion -13.58% 0.44x $613.88 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
Jiangxi Ganneng Co Ltd (000899) $1.43 Billion 2.70% 0.12x $507.45 Million