GCL Energy Technology Co Ltd (002015) - Net Assets

Latest as of September 2025: CN¥14.18 Billion CNY ≈ $2.08 Billion USD

Based on the latest financial reports, GCL Energy Technology Co Ltd (002015) has net assets worth CN¥14.18 Billion CNY (≈ $2.08 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥40.96 Billion ≈ $5.99 Billion USD) and total liabilities (CN¥26.78 Billion ≈ $3.92 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. Also explore GCL Energy Technology Co Ltd balance sheet assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥14.18 Billion
% of Total Assets	34.63%
Annual Growth Rate	26.89%
5-Year Change	60.83%
10-Year Change	3986.92%
Growth Volatility	251.35

GCL Energy Technology Co Ltd - Net Assets Trend (2001–2024)

This chart illustrates how GCL Energy Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see 002015 stock market capitalisation.

Annual Net Assets for GCL Energy Technology Co Ltd (2001–2024)

The table below shows the annual net assets of GCL Energy Technology Co Ltd from 2001 to 2024. Explore cash efficiency ratio of GCL Energy Technology Co Ltd to assess how effectively this company generates cash.

Year	Net Assets	Change
2024-12-31	CN¥13.46 Billion ≈ $1.97 Billion	+4.65%
2023-12-31	CN¥12.87 Billion ≈ $1.88 Billion	+5.59%
2022-12-31	CN¥12.18 Billion ≈ $1.78 Billion	+51.97%
2021-12-31	CN¥8.02 Billion ≈ $1.17 Billion	-4.23%
2020-12-31	CN¥8.37 Billion ≈ $1.23 Billion	+8.95%
2019-12-31	CN¥7.68 Billion ≈ $1.12 Billion	+1165.78%
2018-12-31	CN¥607.05 Million ≈ $88.83 Million	+93.71%
2017-12-31	CN¥313.38 Million ≈ $45.86 Million	+8.24%
2016-12-31	CN¥289.53 Million ≈ $42.37 Million	-12.11%
2015-12-31	CN¥329.44 Million ≈ $48.21 Million	+150.14%
2014-12-31	CN¥-657.04 Million ≈ $-96.15 Million	-263.96%
2013-12-31	CN¥400.72 Million ≈ $58.64 Million	-49.95%
2012-12-31	CN¥800.64 Million ≈ $117.16 Million	+0.83%
2011-12-31	CN¥794.06 Million ≈ $116.20 Million	+42.10%
2010-12-31	CN¥558.81 Million ≈ $81.77 Million	+3.36%
2009-12-31	CN¥540.62 Million ≈ $79.11 Million	+43.77%
2008-12-31	CN¥376.04 Million ≈ $55.03 Million	+12.76%
2007-12-31	CN¥333.50 Million ≈ $48.80 Million	+16.73%
2006-12-31	CN¥285.69 Million ≈ $41.81 Million	+10.76%
2005-12-31	CN¥257.94 Million ≈ $37.75 Million	+8.33%
2004-12-31	CN¥238.11 Million ≈ $34.84 Million	+159.00%
2003-12-31	CN¥91.93 Million ≈ $13.45 Million	+27.84%
2002-12-31	CN¥71.92 Million ≈ $10.52 Million	+27.80%
2001-12-31	CN¥56.27 Million ≈ $8.23 Million	--

Equity Component Analysis

This analysis shows how different components contribute to GCL Energy Technology 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 18536.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.72 Billion	14.69%
Common Stock	CN¥1.62 Billion	13.83%
Other Components	CN¥8.39 Billion	71.48%
Total Equity	CN¥11.74 Billion	100.00%

GCL Energy Technology Co Ltd Competitors by Market Cap

The table below lists competitors of GCL Energy Technology Co Ltd ranked by their market capitalization.

Company	Market Cap
TFS Financial Corporation NASDAQ:TFSL	$4.22 Billion
Masan Group Corp VN:MSN	$4.22 Billion
DB HiTek Co Ltd KO:000990	$4.23 Billion
Stepstone Group Inc NASDAQ:STEP	$4.23 Billion
Bidvest Group Ltd JSE:BVT	$4.21 Billion
Edenred SA PA:EDEN	$4.21 Billion
Zhengzhou Coal Mining Machinery Group Co Ltd SHG:601717	$4.21 Billion
Jiangsu Guoxin Corp Ltd SHE:002608	$4.21 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 11,857,726,937 to 11,739,012,000, a change of -118,714,937 (-1.0%).
Net income of 489,044,506 contributed positively to equity growth.
Dividend payments of 679,284,262 reduced retained earnings.
Share repurchases of 10,000,000 reduced equity.
Other comprehensive income decreased equity by 1,807,877,104.
Other factors increased equity by 1,889,401,923.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥489.04 Million	+4.17%
Dividends Paid	CN¥679.28 Million	-5.79%
Share Repurchases	CN¥10.00 Million	-0.09%
Other Comprehensive Income	CN¥-1.81 Billion	-15.4%
Other Changes	CN¥1.89 Billion	+16.1%
Total Change	CN¥-	-1.00%

Book Value vs Market Value Analysis

This analysis compares GCL Energy Technology 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: 2.44x
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 65.91x to 2.44x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2001-12-31	CN¥0.27	CN¥17.75	x
2002-12-31	CN¥0.36	CN¥17.75	x
2003-12-31	CN¥0.47	CN¥17.75	x
2004-12-31	CN¥1.24	CN¥17.75	x
2005-12-31	CN¥1.34	CN¥17.75	x
2006-12-31	CN¥1.51	CN¥17.75	x
2007-12-31	CN¥1.69	CN¥17.75	x
2008-12-31	CN¥1.73	CN¥17.75	x
2009-12-31	CN¥2.38	CN¥17.75	x
2010-12-31	CN¥2.19	CN¥17.75	x
2011-12-31	CN¥3.18	CN¥17.75	x
2012-12-31	CN¥3.24	CN¥17.75	x
2013-12-31	CN¥1.64	CN¥17.75	x
2014-12-31	CN¥-2.74	CN¥17.75	x
2015-12-31	CN¥0.82	CN¥17.75	x
2016-12-31	CN¥0.72	CN¥17.75	x
2017-12-31	CN¥0.76	CN¥17.75	x
2018-12-31	CN¥0.42	CN¥17.75	x
2019-12-31	CN¥3.57	CN¥17.75	x
2020-12-31	CN¥4.24	CN¥17.75	x
2021-12-31	CN¥4.60	CN¥17.75	x
2022-12-31	CN¥6.64	CN¥17.75	x
2023-12-31	CN¥7.35	CN¥17.75	x
2024-12-31	CN¥7.27	CN¥17.75	x

Capital Efficiency Dashboard

This dashboard shows how efficiently GCL Energy Technology 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): 4.17%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.99%
• Asset Turnover: 0.24x
• Equity Multiplier: 3.45x
Recent ROE (4.17%) is below the historical average (23.52%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	18.64%	4.46%	1.58x	2.65x	CN¥4.40 Million
2002	19.18%	5.11%	1.20x	3.14x	CN¥6.30 Million
2003	22.32%	4.94%	1.33x	3.40x	CN¥10.89 Million
2004	9.75%	5.60%	0.83x	2.11x	CN¥-574.24K
2005	9.95%	5.47%	0.82x	2.22x	CN¥-123.68K
2006	11.06%	5.24%	0.84x	2.53x	CN¥2.95 Million
2007	13.51%	5.76%	0.93x	2.52x	CN¥11.37 Million
2008	4.23%	1.27%	0.85x	3.91x	CN¥-19.21 Million
2009	3.08%	1.23%	0.84x	3.00x	CN¥-33.74 Million
2010	4.11%	1.35%	0.86x	3.55x	CN¥-29.98 Million
2011	3.15%	1.25%	0.79x	3.17x	CN¥-50.45 Million
2012	0.93%	0.40%	0.61x	3.78x	CN¥-67.45 Million
2013	-88.78%	-16.82%	0.79x	6.68x	CN¥-388.94 Million
2014	0.00%	2.85%	17.48x	0.00x	CN¥300.45 Million
2015	116.64%	4.70%	22.91x	1.08x	CN¥351.31 Million
2016	156.94%	6.30%	23.29x	1.07x	CN¥425.43 Million
2017	119.55%	4.65%	22.74x	1.13x	CN¥325.70 Million
2018	79.51%	5.08%	12.97x	1.21x	CN¥371.29 Million
2019	11.46%	5.08%	0.45x	4.98x	CN¥70.54 Million
2020	14.39%	7.24%	0.40x	4.92x	CN¥251.66 Million
2021	16.30%	8.95%	0.41x	4.42x	CN¥391.83 Million
2022	6.62%	6.25%	0.37x	2.90x	CN¥-349.33 Million
2023	7.77%	8.90%	0.32x	2.69x	CN¥-264.39 Million
2024	4.17%	4.99%	0.24x	3.45x	CN¥-684.86 Million

Industry Comparison

This section compares GCL Energy Technology 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: $9,734,667,466
Average return on equity (ROE) among peers: 4.80%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
GCL Energy Technology Co Ltd (002015)	CN¥14.18 Billion	18.64%	1.89x	$4.22 Billion
Shenzhen Energy Group Co Ltd (000027)	$55.83 Billion	3.66%	1.75x	$4.76 Billion
Shenzhen Nanshan Power Co Ltd (000037)	$1.70 Billion	1.76%	1.49x	$535.60 Million
Guangzhou Hengyun Enterprises Holding Ltd (000531)	$3.95 Billion	11.40%	1.12x	$1.07 Billion
An Hui Wenergy Co Ltd (000543)	$16.98 Billion	2.94%	1.66x	$2.68 Billion
Jointo Energy Investment Co Ltd Hebei (000600)	$304.81 Million	5.82%	0.96x	$2.51 Billion
Guangdong Shaoneng Group Co Ltd (000601)	$1.29 Billion	9.77%	0.54x	$1.02 Billion
Tianjin Binhai Energy & Development Co Ltd (000695)	$233.44 Million	12.05%	1.68x	$525.65 Million
Shanxi Zhangze Electric Power Co Ltd (000767)	$8.06 Billion	3.96%	5.25x	$1.70 Billion
Jilin Power Share Co Ltd (000875)	$4.30 Billion	1.91%	3.25x	$3.47 Billion
Jiangxi Ganneng Co Ltd (000899)	$4.70 Billion	-5.28%	1.10x	$1.78 Billion

About GCL Energy Technology Co Ltd

SHE:002015 China Utilities - Regulated Electric

Market Cap

$4.22 Billion

CN¥28.81 Billion CNY

Market Cap Rank

#4016 Global

#673 in China

Share Price

CN¥17.75

Change (1 day)

-5.03%

52-Week Range

CN¥7.02 - CN¥22.28

All Time High

CN¥22.28