GCL Energy Technology Co Ltd (002015) - Net Assets

Latest as of March 2026: CN¥14.26 Billion CNY ≈ $2.09 Billion USD

Based on the latest financial reports, GCL Energy Technology Co Ltd (002015) has net assets worth CN¥14.26 Billion CNY (≈ $2.09 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¥39.86 Billion ≈ $5.83 Billion USD) and total liabilities (CN¥25.61 Billion ≈ $3.75 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 002015 current and non-current assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥14.26 Billion
% of Total Assets	35.77%
Annual Growth Rate	25.7%
5-Year Change	67.85%
10-Year Change	4610.02%
Growth Volatility	425.66

GCL Energy Technology Co Ltd - Net Assets Trend (2001–2025)

This chart illustrates how GCL Energy Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Check how tangible is GCL Energy Technology Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Annual Net Assets for GCL Energy Technology Co Ltd (2001–2025)

The table below shows the annual net assets of GCL Energy Technology Co Ltd from 2001 to 2025. For live valuation and market cap data, see GCL Energy Technology Co Ltd stock valuation.

Year	Net Assets	Change
2025-12-31	CN¥13.64 Billion ≈ $2.00 Billion	+1.29%
2024-12-31	CN¥13.46 Billion ≈ $1.97 Billion	-2.07%
2023-12-31	CN¥13.75 Billion ≈ $2.01 Billion	+8.29%
2022-12-31	CN¥12.70 Billion ≈ $1.86 Billion	+56.27%
2021-12-31	CN¥8.12 Billion ≈ $1.19 Billion	-6.35%
2020-12-31	CN¥8.68 Billion ≈ $1.27 Billion	+12.89%
2019-12-31	CN¥7.68 Billion ≈ $1.12 Billion	+13.22%
2018-12-31	CN¥6.79 Billion ≈ $993.20 Million	+2065.82%
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	+16.01%
2006-12-31	CN¥287.48 Million ≈ $42.07 Million	+11.45%
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 20858.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥1.94 Billion	16.42%
Other Components	CN¥9.87 Billion	83.58%
Total Equity	CN¥11.81 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
Hengan International Group Company Limited F:HGNC	$3.58 Billion
Brickworks Ltd AU:BKW	$3.59 Billion
TUI AG XETRA:TUI1	$3.59 Billion
Sealand Securities Co Ltd SHE:000750	$3.59 Billion
Karur Vysya Bank Limited NSE:KARURVYSYA	$3.58 Billion
Hinge Health, Inc. NYSE:HNGE	$3.58 Billion
Olav Thon Eien OL:OLT	$3.58 Billion
Amneal Pharmaceuticals, Inc. Class A Common Stock NYSE:AMRX	$3.57 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 2024 to 2025, total equity changed from 11,739,012,000 to 11,811,652,777, a change of 72,640,777 (0.6%).
Net income of 404,184,698 contributed positively to equity growth.
Dividend payments of 457,587,367 reduced retained earnings.
Other factors increased equity by 126,043,445.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥404.18 Million	+3.42%
Dividends Paid	CN¥457.59 Million	-3.87%
Other Changes	CN¥126.04 Million	+1.07%
Total Change	CN¥-	0.62%

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: 2.07x
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 56.00x to 2.07x 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¥15.08	x
2002-12-31	CN¥0.36	CN¥15.08	x
2003-12-31	CN¥0.47	CN¥15.08	x
2004-12-31	CN¥1.24	CN¥15.08	x
2005-12-31	CN¥1.34	CN¥15.08	x
2006-12-31	CN¥1.52	CN¥15.08	x
2007-12-31	CN¥1.69	CN¥15.08	x
2008-12-31	CN¥1.73	CN¥15.08	x
2009-12-31	CN¥2.38	CN¥15.08	x
2010-12-31	CN¥2.19	CN¥15.08	x
2011-12-31	CN¥3.18	CN¥15.08	x
2012-12-31	CN¥3.24	CN¥15.08	x
2013-12-31	CN¥1.64	CN¥15.08	x
2014-12-31	CN¥-2.74	CN¥15.08	x
2015-12-31	CN¥0.82	CN¥15.08	x
2016-12-31	CN¥0.72	CN¥15.08	x
2017-12-31	CN¥0.76	CN¥15.08	x
2018-12-31	CN¥2.88	CN¥15.08	x
2019-12-31	CN¥3.57	CN¥15.08	x
2020-12-31	CN¥4.44	CN¥15.08	x
2021-12-31	CN¥4.60	CN¥15.08	x
2022-12-31	CN¥6.97	CN¥15.08	x
2023-12-31	CN¥7.35	CN¥15.08	x
2024-12-31	CN¥7.27	CN¥15.08	x
2025-12-31	CN¥7.28	CN¥15.08	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): 3.42%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.91%
• Asset Turnover: 0.27x
• Equity Multiplier: 3.27x
Recent ROE (3.42%) is below the historical average (11.83%), 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	10.99%	5.24%	0.83x	2.52x	CN¥2.77 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%	-12.59%	17.48x	0.00x	CN¥-971.14 Million
2015	33.05%	27.69%	1.10x	1.08x	CN¥75.94 Million
2016	156.94%	6.30%	23.29x	1.07x	CN¥425.43 Million
2017	2.52%	1.82%	1.22x	1.13x	CN¥-22.25 Million
2018	9.05%	3.97%	0.41x	5.55x	CN¥-34.75 Million
2019	11.46%	5.08%	0.45x	4.98x	CN¥70.50 Million
2020	13.74%	7.24%	0.38x	4.95x	CN¥224.32 Million
2021	16.28%	8.95%	0.41x	4.44x	CN¥390.90 Million
2022	6.31%	6.25%	0.34x	2.98x	CN¥-400.54 Million
2023	7.77%	8.90%	0.30x	2.86x	CN¥-264.39 Million
2024	4.17%	4.99%	0.24x	3.45x	CN¥-684.86 Million
2025	3.42%	3.91%	0.27x	3.27x	CN¥-776.98 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: $6,158,327,735
Average return on equity (ROE) among peers: 9.72%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
GCL Energy Technology Co Ltd (002015)	CN¥14.26 Billion	18.64%	1.80x	$3.58 Billion
Shenzhen Energy Group Co Ltd (000027)	$33.58 Billion	5.07%	1.86x	$4.52 Billion
Shenzhen Nanshan Power Co Ltd (000037)	$2.02 Billion	64.56%	1.16x	$454.27 Million
Guangzhou Hengyun Enterprises Holding Ltd (000531)	$219.35 Million	8.70%	0.11x	$893.00 Million
An Hui Wenergy Co Ltd (000543)	$2.24 Billion	9.34%	0.06x	$2.65 Billion
Jointo Energy Investment Co Ltd Hebei (000600)	$875.38 Million	4.87%	2.31x	$2.25 Billion
Guangdong Shaoneng Group Co Ltd (000601)	$4.61 Billion	-5.77%	1.83x	$998.34 Million
Tianjin Binhai Energy & Development Co Ltd (000695)	$487.45 Million	2.00%	2.54x	$427.98 Million
Shanxi Zhangze Electric Power Co Ltd (000767)	$7.99 Billion	0.85%	5.38x	$1.65 Billion
Jilin Power Share Co Ltd (000875)	$4.75 Billion	2.48%	3.81x	$2.89 Billion
Jiangxi Ganneng Co Ltd (000899)	$4.80 Billion	5.07%	0.53x	$1.55 Billion

About GCL Energy Technology Co Ltd

SHE:002015 China Utilities - Regulated Electric

Market Cap

$3.58 Billion

CN¥24.48 Billion CNY

Market Cap Rank

#4352 Global

#663 in China

Share Price

CN¥15.08

Change (1 day)

+9.99%

52-Week Range

CN¥9.79 - CN¥24.37

All Time High

CN¥24.37