Guizhou Qianyuan Power Co Ltd
GuiZhou QianYuan Power Co., Ltd. engages in the development, operation, and management of hydropower and photovoltaic power stations in China. It is also involved in wind and nuclear power generation. The company was founded in 1993 and is based in Guiyang City, China.
Guizhou Qianyuan Power Co Ltd (002039) - Net Assets
Latest net assets as of June 2025: CN¥6.94 Billion CNY
Based on the latest financial reports, Guizhou Qianyuan Power Co Ltd (002039) has net assets worth CN¥6.94 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥15.53 Billion) and total liabilities (CN¥8.60 Billion). 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¥6.94 Billion |
| % of Total Assets | 44.64% |
| Annual Growth Rate | 17.52% |
| 5-Year Change | 22.81% |
| 10-Year Change | 58.88% |
| Growth Volatility | 37.67 |
Guizhou Qianyuan Power Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Guizhou Qianyuan Power 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 Guizhou Qianyuan Power Co Ltd (2001–2024)
The table below shows the annual net assets of Guizhou Qianyuan Power Co Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.83 Billion | +2.94% |
| 2023-12-31 | CN¥6.63 Billion | +3.35% |
| 2022-12-31 | CN¥6.42 Billion | +10.71% |
| 2021-12-31 | CN¥5.80 Billion | +4.27% |
| 2020-12-31 | CN¥5.56 Billion | +10.93% |
| 2019-12-31 | CN¥5.01 Billion | +5.10% |
| 2018-12-31 | CN¥4.77 Billion | +7.44% |
| 2017-12-31 | CN¥4.44 Billion | +6.37% |
| 2016-12-31 | CN¥4.17 Billion | -2.91% |
| 2015-12-31 | CN¥4.30 Billion | +10.28% |
| 2014-12-31 | CN¥3.90 Billion | +15.29% |
| 2013-12-31 | CN¥3.38 Billion | -4.98% |
| 2012-12-31 | CN¥3.56 Billion | +9.84% |
| 2011-12-31 | CN¥3.24 Billion | +6.51% |
| 2010-12-31 | CN¥3.04 Billion | +96.63% |
| 2009-12-31 | CN¥1.55 Billion | +13.05% |
| 2008-12-31 | CN¥1.37 Billion | +151.10% |
| 2007-12-31 | CN¥544.57 Million | +3.97% |
| 2006-12-31 | CN¥523.78 Million | -13.67% |
| 2005-12-31 | CN¥606.69 Million | +88.88% |
| 2004-12-31 | CN¥321.20 Million | +38.87% |
| 2003-12-31 | CN¥231.29 Million | +19.04% |
| 2002-12-31 | CN¥194.29 Million | +16.61% |
| 2001-12-31 | CN¥166.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guizhou Qianyuan 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 5480.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.15 Billion | 54.96% |
| Other Components | CN¥1.76 Billion | 45.04% |
| Total Equity | CN¥3.91 Billion | 100.00% |
Guizhou Qianyuan Power Co Ltd Competitors by Market Cap
The table below lists competitors of Guizhou Qianyuan Power Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sekerbank TAS
IS:SKBNK
|
$583.53 Million |
|
DATATEC LTD RC-01
F:DTT
|
$583.61 Million |
|
The Jammu & Kashmir Bank Limited
NSE:J&KBANK
|
$583.64 Million |
|
Beijing Thunisoft Co Ltd
SHE:300271
|
$584.08 Million |
|
Nanhua Futures Co Ltd
SHG:603093
|
$583.05 Million |
|
Muangthai Capital Public Company Limited
BK:MTC
|
$582.89 Million |
|
Hong Ri Da Technology Co. Ltd. A
SHE:301285
|
$582.88 Million |
|
Titagarh Rail Systems Limited
NSE:TITAGARH
|
$582.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guizhou Qianyuan Power Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,816,644,166 to 3,910,082,422, a change of 93,438,256 (2.4%).
- Net income of 218,212,297 contributed positively to equity growth.
- Dividend payments of 398,825,986 reduced retained earnings.
- Other factors increased equity by 274,051,945.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥218.21 Million | +5.58% |
| Dividends Paid | CN¥398.83 Million | -10.2% |
| Other Changes | CN¥274.05 Million | +7.01% |
| Total Change | CN¥- | 2.45% |
Book Value vs Market Value Analysis
This analysis compares Guizhou Qianyuan 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: 2.04x
- 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 2.42x to 2.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥7.72 | CN¥18.65 | x |
| 2018-12-31 | CN¥8.62 | CN¥18.65 | x |
| 2019-12-31 | CN¥9.28 | CN¥18.65 | x |
| 2020-12-31 | CN¥10.41 | CN¥18.65 | x |
| 2021-12-31 | CN¥10.82 | CN¥18.65 | x |
| 2022-12-31 | CN¥8.60 | CN¥18.65 | x |
| 2023-12-31 | CN¥8.93 | CN¥18.65 | x |
| 2024-12-31 | CN¥9.15 | CN¥18.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guizhou Qianyuan 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): 5.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.29%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 3.98x
- Recent ROE (5.58%) is below the historical average (11.98%), 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 | 22.99% | 0.00% | 0.00x | 5.28x | CN¥21.51 Million |
| 2002 | 20.15% | 0.00% | 0.00x | 7.44x | CN¥19.63 Million |
| 2003 | 19.51% | 0.00% | 0.00x | 7.73x | CN¥21.49 Million |
| 2004 | 19.14% | 14.64% | 0.12x | 10.89x | CN¥24.28 Million |
| 2005 | 8.18% | 13.33% | 0.15x | 4.22x | CN¥-10.49 Million |
| 2007 | 3.32% | 5.53% | 0.11x | 5.23x | CN¥-34.14 Million |
| 2008 | 20.04% | 16.67% | 0.06x | 20.33x | CN¥60.35 Million |
| 2009 | 5.62% | 4.12% | 0.06x | 24.73x | CN¥-26.22 Million |
| 2010 | 3.83% | 4.51% | 0.09x | 9.38x | CN¥-104.83 Million |
| 2012 | 7.97% | 7.73% | 0.11x | 9.27x | CN¥-34.97 Million |
| 2014 | 15.40% | 13.85% | 0.11x | 9.74x | CN¥103.11 Million |
| 2015 | 16.72% | 13.31% | 0.15x | 8.48x | CN¥144.53 Million |
| 2016 | 6.09% | 6.76% | 0.11x | 8.22x | CN¥-83.17 Million |
| 2017 | 13.59% | 13.24% | 0.14x | 7.27x | CN¥84.69 Million |
| 2018 | 13.97% | 15.40% | 0.14x | 6.35x | CN¥104.52 Million |
| 2019 | 10.24% | 13.35% | 0.14x | 5.46x | CN¥6.72 Million |
| 2020 | 13.96% | 16.74% | 0.16x | 5.17x | CN¥125.78 Million |
| 2021 | 7.10% | 11.52% | 0.12x | 5.14x | CN¥-95.92 Million |
| 2022 | 11.27% | 15.85% | 0.16x | 4.56x | CN¥46.66 Million |
| 2023 | 6.94% | 13.30% | 0.12x | 4.19x | CN¥-116.89 Million |
| 2024 | 5.58% | 11.29% | 0.12x | 3.98x | CN¥-172.80 Million |
Industry Comparison
This section compares Guizhou Qianyuan Power 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 |
|---|---|---|---|---|
| Guizhou Qianyuan Power Co Ltd (002039) | CN¥6.94 Billion | 22.99% | 1.24x | $583.25 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 |