Henan Senyuan Electric Co Ltd (002358) - Net Assets
Based on the latest financial reports, Henan Senyuan Electric Co Ltd (002358) has net assets worth CN¥3.38 Billion CNY (≈ $493.91 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¥7.10 Billion ≈ $1.04 Billion USD) and total liabilities (CN¥3.73 Billion ≈ $545.76 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 Henan Senyuan Electric Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.38 Billion |
| % of Total Assets | 47.51% |
| Annual Growth Rate | 20.13% |
| 5-Year Change | 8.83% |
| 10-Year Change | -26.75% |
| Growth Volatility | 60.42 |
Henan Senyuan Electric Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Henan Senyuan Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. See Henan Senyuan Electric Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Henan Senyuan Electric Co Ltd (2006–2025)
The table below shows the annual net assets of Henan Senyuan Electric Co Ltd from 2006 to 2025. For live valuation and market cap data, see Henan Senyuan Electric Co Ltd (002358) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.33 Billion ≈ $486.68 Million |
+2.31% |
| 2024-12-31 | CN¥3.25 Billion ≈ $475.67 Million |
+2.57% |
| 2023-12-31 | CN¥3.17 Billion ≈ $463.77 Million |
+2.39% |
| 2022-12-31 | CN¥3.10 Billion ≈ $452.96 Million |
+1.29% |
| 2021-12-31 | CN¥3.06 Billion ≈ $447.19 Million |
-13.80% |
| 2020-12-31 | CN¥3.55 Billion ≈ $518.79 Million |
-21.93% |
| 2019-12-31 | CN¥4.54 Billion ≈ $664.54 Million |
-9.97% |
| 2018-12-31 | CN¥5.04 Billion ≈ $738.11 Million |
+3.00% |
| 2017-12-31 | CN¥4.90 Billion ≈ $716.58 Million |
+7.85% |
| 2016-12-31 | CN¥4.54 Billion ≈ $664.41 Million |
+106.66% |
| 2015-12-31 | CN¥2.20 Billion ≈ $321.50 Million |
+4.00% |
| 2014-12-31 | CN¥2.11 Billion ≈ $309.14 Million |
+11.13% |
| 2013-12-31 | CN¥1.90 Billion ≈ $278.19 Million |
+65.62% |
| 2012-12-31 | CN¥1.15 Billion ≈ $167.97 Million |
+16.16% |
| 2011-12-31 | CN¥988.16 Million ≈ $144.60 Million |
+13.42% |
| 2010-12-31 | CN¥871.24 Million ≈ $127.49 Million |
+253.95% |
| 2009-12-31 | CN¥246.15 Million ≈ $36.02 Million |
+32.46% |
| 2008-12-31 | CN¥185.83 Million ≈ $27.19 Million |
+37.00% |
| 2007-12-31 | CN¥135.64 Million ≈ $19.85 Million |
+33.01% |
| 2006-12-31 | CN¥101.98 Million ≈ $14.92 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Henan Senyuan Electric 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 1181.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥182.98 Million | 5.54% |
| Other Components | CN¥3.12 Billion | 94.46% |
| Total Equity | CN¥3.30 Billion | 100.00% |
Henan Senyuan Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Henan Senyuan Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Keyuan Pharmaceutical Co. Ltd. A
SHE:301281
|
$793.42 Million |
|
New York Mortgage Trust, Inc.
NASDAQ:ADAM
|
$793.47 Million |
|
Solareast Holdings Co Ltd
SHG:603366
|
$793.56 Million |
|
Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS
IS:BASGZ
|
$794.10 Million |
|
Capital City Bank Group
NASDAQ:CCBG
|
$792.82 Million |
|
Hudson Pacific Properties Inc
NYSE:HPP
|
$792.66 Million |
|
Besalco Sa
SN:BESALCO
|
$792.56 Million |
|
EVOTEC SE ADR 1/2 O.N.
F:EVTA
|
$792.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Henan Senyuan Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,231,488,748 to 3,300,326,613, a change of 68,837,865 (2.1%).
- Net income of 87,433,004 contributed positively to equity growth.
- Dividend payments of 111,234,405 reduced retained earnings.
- Other factors increased equity by 92,639,266.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥87.43 Million | +2.65% |
| Dividends Paid | CN¥111.23 Million | -3.37% |
| Other Changes | CN¥92.64 Million | +2.81% |
| Total Change | CN¥- | 2.13% |
Book Value vs Market Value Analysis
This analysis compares Henan Senyuan Electric 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: 1.64x
- 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 26.31x to 1.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.22 | CN¥5.83 | x |
| 2007-12-31 | CN¥0.29 | CN¥5.83 | x |
| 2008-12-31 | CN¥0.40 | CN¥5.83 | x |
| 2009-12-31 | CN¥0.53 | CN¥5.83 | x |
| 2010-12-31 | CN¥1.47 | CN¥5.83 | x |
| 2011-12-31 | CN¥1.42 | CN¥5.83 | x |
| 2012-12-31 | CN¥1.65 | CN¥5.83 | x |
| 2013-12-31 | CN¥2.60 | CN¥5.83 | x |
| 2014-12-31 | CN¥2.65 | CN¥5.83 | x |
| 2015-12-31 | CN¥2.73 | CN¥5.83 | x |
| 2016-12-31 | CN¥5.34 | CN¥5.83 | x |
| 2017-12-31 | CN¥5.25 | CN¥5.83 | x |
| 2018-12-31 | CN¥5.35 | CN¥5.83 | x |
| 2019-12-31 | CN¥4.86 | CN¥5.83 | x |
| 2020-12-31 | CN¥3.80 | CN¥5.83 | x |
| 2021-12-31 | CN¥3.30 | CN¥5.83 | x |
| 2022-12-31 | CN¥3.24 | CN¥5.83 | x |
| 2023-12-31 | CN¥3.43 | CN¥5.83 | x |
| 2024-12-31 | CN¥3.64 | CN¥5.83 | x |
| 2025-12-31 | CN¥3.55 | CN¥5.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Henan Senyuan Electric 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): 2.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.00%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.09x
- Recent ROE (2.65%) is below the historical average (7.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 16.06% | 9.29% | 0.67x | 2.59x | CN¥6.18 Million |
| 2007 | 24.51% | 11.56% | 0.96x | 2.22x | CN¥19.68 Million |
| 2008 | 27.01% | 15.10% | 0.87x | 2.05x | CN¥31.60 Million |
| 2009 | 24.51% | 14.84% | 0.86x | 1.92x | CN¥35.71 Million |
| 2010 | 8.11% | 14.46% | 0.40x | 1.39x | CN¥-16.44 Million |
| 2011 | 13.38% | 18.38% | 0.48x | 1.52x | CN¥32.96 Million |
| 2012 | 16.87% | 19.28% | 0.57x | 1.54x | CN¥77.94 Million |
| 2013 | 13.85% | 19.69% | 0.47x | 1.50x | CN¥72.23 Million |
| 2014 | 12.46% | 23.03% | 0.29x | 1.86x | CN¥51.22 Million |
| 2015 | 8.41% | 10.81% | 0.37x | 2.13x | CN¥-34.44 Million |
| 2016 | 7.30% | 11.20% | 0.39x | 1.65x | CN¥-122.15 Million |
| 2017 | 9.14% | 12.58% | 0.42x | 1.75x | CN¥-42.28 Million |
| 2018 | 6.17% | 10.83% | 0.31x | 1.84x | CN¥-193.04 Million |
| 2019 | 0.21% | 0.57% | 0.20x | 1.78x | CN¥-443.70 Million |
| 2020 | -27.91% | -59.91% | 0.23x | 1.99x | CN¥-1.34 Billion |
| 2021 | -16.04% | -28.67% | 0.29x | 1.96x | CN¥-794.89 Million |
| 2022 | 1.24% | 1.59% | 0.38x | 2.03x | CN¥-270.85 Million |
| 2023 | 2.34% | 2.80% | 0.42x | 2.01x | CN¥-242.51 Million |
| 2024 | 2.74% | 3.21% | 0.42x | 2.05x | CN¥-234.45 Million |
| 2025 | 2.65% | 3.00% | 0.42x | 2.09x | CN¥-242.60 Million |
Industry Comparison
This section compares Henan Senyuan Electric Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,962,958,871
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Henan Senyuan Electric Co Ltd (002358) | CN¥3.38 Billion | 16.06% | 1.10x | $793.19 Million |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $656.70 Million | 10.00% | 3.24x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.57 Billion | 1.54% | 1.62x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $684.66 Million | 5.90% | 0.54x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $10.67 Billion | 14.62% | 0.76x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $102.42 Million | 12.86% | 0.78x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $87.88 Million | 21.99% | 1.03x | $7.89 Billion |
About Henan Senyuan Electric Co Ltd
Henan Senyuan Electric Co., Ltd. engages in the research and development, manufacture, and sale of high and low voltage power distribution sets, and electrical components in China. It is also involved in research and development, design, installation, production and sales of transformer sets and energy power generation sets, charging piles, energy conservation and emission reduction equipment. Th… Read more