Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd (002479) - Net Assets
Based on the latest financial reports, Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd (002479) has net assets worth CN¥4.43 Billion CNY (≈ $648.97 Million 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¥8.30 Billion ≈ $1.21 Billion USD) and total liabilities (CN¥3.87 Billion ≈ $565.96 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 Zhejiang Fuchunjiang Environmental Therm liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.43 Billion |
| % of Total Assets | 53.42% |
| Annual Growth Rate | 19.21% |
| 5-Year Change | -4.72% |
| 10-Year Change | 38.68% |
| Growth Volatility | 98.01 |
Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Zhejiang Fuchunjiang Environmental Therm asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd (2007–2024)
The table below shows the annual net assets of Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd from 2007 to 2024. For live valuation and market cap data, see Zhejiang Fuchunjiang Environmental Therm stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.35 Billion ≈ $636.02 Million |
+0.68% |
| 2023-12-31 | CN¥4.32 Billion ≈ $631.70 Million |
-2.20% |
| 2022-12-31 | CN¥4.41 Billion ≈ $645.94 Million |
+2.80% |
| 2021-12-31 | CN¥4.29 Billion ≈ $628.32 Million |
-5.88% |
| 2020-12-31 | CN¥4.56 Billion ≈ $667.55 Million |
-1.44% |
| 2019-12-31 | CN¥4.63 Billion ≈ $677.29 Million |
+15.41% |
| 2018-12-31 | CN¥4.01 Billion ≈ $586.85 Million |
+25.74% |
| 2017-12-31 | CN¥3.19 Billion ≈ $466.70 Million |
-0.64% |
| 2016-12-31 | CN¥3.21 Billion ≈ $469.73 Million |
+2.42% |
| 2015-12-31 | CN¥3.13 Billion ≈ $458.62 Million |
+26.77% |
| 2014-12-31 | CN¥2.47 Billion ≈ $361.78 Million |
+7.47% |
| 2013-12-31 | CN¥2.30 Billion ≈ $336.64 Million |
+7.90% |
| 2012-12-31 | CN¥2.13 Billion ≈ $311.99 Million |
+11.74% |
| 2011-12-31 | CN¥1.91 Billion ≈ $279.21 Million |
+4.56% |
| 2010-12-31 | CN¥1.82 Billion ≈ $267.02 Million |
+423.23% |
| 2009-12-31 | CN¥348.75 Million ≈ $51.03 Million |
+21.53% |
| 2008-12-31 | CN¥286.96 Million ≈ $41.99 Million |
+30.95% |
| 2007-12-31 | CN¥219.13 Million ≈ $32.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Fuchunjiang Environmental Thermoelectric 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 2616.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.38 Billion | 33.68% |
| Common Stock | CN¥865.00 Million | 21.10% |
| Other Comprehensive Income | CN¥359.44 Million | 8.77% |
| Other Components | CN¥1.49 Billion | 36.45% |
| Total Equity | CN¥4.10 Billion | 100.00% |
Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fuan Pharmaceutical Group Co
SHE:300194
|
$719.00 Million |
|
Spearhead Integrated Marketing
SHE:300071
|
$719.34 Million |
|
Volati AB
ST:VOLO
|
$719.52 Million |
|
Xingtong Shipping Co. Ltd.
SHG:603209
|
$719.55 Million |
|
Lions Gate Entertainment Corp
NYSE:LGF-A
|
$718.91 Million |
|
Jinneng Science&Tech Co Ltd
SHG:603113
|
$718.89 Million |
|
Ridley Corporation Ltd
AU:RIC
|
$718.78 Million |
|
Dakota Gold Corp.
NYSE MKT:DC
|
$718.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,987,824,697 to 4,099,207,751, a change of 111,383,054 (2.8%).
- Net income of 241,133,053 contributed positively to equity growth.
- Dividend payments of 228,483,171 reduced retained earnings.
- Other comprehensive income increased equity by 359,440,246.
- Other factors decreased equity by 260,707,074.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥241.13 Million | +5.88% |
| Dividends Paid | CN¥228.48 Million | -5.57% |
| Other Comprehensive Income | CN¥359.44 Million | +8.77% |
| Other Changes | CN¥-260.71 Million | -6.36% |
| Total Change | CN¥- | 2.79% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Fuchunjiang Environmental Thermoelectric 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: 1.19x
- 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 14.10x to 1.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.40 | CN¥5.68 | x |
| 2008-12-31 | CN¥0.53 | CN¥5.68 | x |
| 2009-12-31 | CN¥0.64 | CN¥5.68 | x |
| 2010-12-31 | CN¥3.10 | CN¥5.68 | x |
| 2011-12-31 | CN¥2.60 | CN¥5.68 | x |
| 2012-12-31 | CN¥2.76 | CN¥5.68 | x |
| 2013-12-31 | CN¥2.85 | CN¥5.68 | x |
| 2014-12-31 | CN¥3.03 | CN¥5.68 | x |
| 2015-12-31 | CN¥3.61 | CN¥5.68 | x |
| 2016-12-31 | CN¥3.61 | CN¥5.68 | x |
| 2017-12-31 | CN¥3.62 | CN¥5.68 | x |
| 2018-12-31 | CN¥4.29 | CN¥5.68 | x |
| 2019-12-31 | CN¥4.29 | CN¥5.68 | x |
| 2020-12-31 | CN¥4.33 | CN¥5.68 | x |
| 2021-12-31 | CN¥4.52 | CN¥5.68 | x |
| 2022-12-31 | CN¥4.62 | CN¥5.68 | x |
| 2023-12-31 | CN¥4.67 | CN¥5.68 | x |
| 2024-12-31 | CN¥4.76 | CN¥5.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Fuchunjiang Environmental Thermoelectric 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): 5.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.59%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.08x
- Recent ROE (5.88%) is below the historical average (10.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 23.24% | 8.75% | 0.84x | 3.16x | CN¥29.02 Million |
| 2008 | 23.64% | 9.12% | 1.07x | 2.41x | CN¥39.13 Million |
| 2009 | 26.32% | 13.05% | 0.98x | 2.06x | CN¥56.92 Million |
| 2010 | 7.58% | 15.21% | 0.46x | 1.08x | CN¥-44.17 Million |
| 2011 | 9.97% | 16.32% | 0.55x | 1.10x | CN¥-538.23K |
| 2012 | 11.61% | 8.64% | 0.95x | 1.42x | CN¥32.46 Million |
| 2013 | 7.01% | 4.51% | 0.88x | 1.76x | CN¥-60.91 Million |
| 2014 | 7.91% | 4.63% | 0.98x | 1.75x | CN¥-45.67 Million |
| 2015 | 6.64% | 6.31% | 0.58x | 1.83x | CN¥-91.68 Million |
| 2016 | 8.58% | 9.07% | 0.52x | 1.80x | CN¥-40.67 Million |
| 2017 | 11.88% | 10.36% | 0.65x | 1.76x | CN¥54.51 Million |
| 2018 | 3.39% | 4.16% | 0.52x | 1.58x | CN¥-244.50 Million |
| 2019 | 7.90% | 7.30% | 0.45x | 2.39x | CN¥-79.98 Million |
| 2020 | 7.85% | 6.41% | 0.42x | 2.93x | CN¥-81.90 Million |
| 2021 | 8.45% | 7.24% | 0.50x | 2.32x | CN¥-60.51 Million |
| 2022 | 9.11% | 7.60% | 0.52x | 2.29x | CN¥-35.57 Million |
| 2023 | 4.93% | 4.43% | 0.52x | 2.15x | CN¥-202.28 Million |
| 2024 | 5.88% | 4.59% | 0.61x | 2.08x | CN¥-168.79 Million |
Industry Comparison
This section compares Zhejiang Fuchunjiang Environmental Thermoelectric 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: $4,861,415,868
- Average return on equity (ROE) among peers: 7.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd (002479) | CN¥4.43 Billion | 23.24% | 0.87x | $718.96 Million |
| Shenzhen Energy Group Co Ltd (000027) | $2.71 Billion | 12.06% | 0.87x | $4.93 Billion |
| Shenzhen Nanshan Power Co Ltd (000037) | $1.80 Billion | 2.95% | 2.02x | $552.96 Million |
| Guangzhou Hengyun Enterprises Holding Ltd (000531) | $274.17 Million | 14.04% | 0.03x | $1.10 Billion |
| An Hui Wenergy Co Ltd (000543) | $19.35 Billion | 5.24% | 0.74x | $2.73 Billion |
| Jointo Energy Investment Co Ltd Hebei (000600) | $13.88 Billion | 4.61% | 1.33x | $2.62 Billion |
| Guangdong Shaoneng Group Co Ltd (000601) | $3.73 Billion | 5.55% | 1.33x | $1.13 Billion |
| Tianjin Binhai Energy & Development Co Ltd (000695) | $583.60 Million | 2.28% | 0.68x | $511.06 Million |
| Shanxi Zhangze Electric Power Co Ltd (000767) | $2.29 Billion | 0.61% | 3.95x | $1.88 Billion |
| Jilin Power Share Co Ltd (000875) | $1.37 Billion | 9.58% | 0.29x | $3.58 Billion |
| Jiangxi Ganneng Co Ltd (000899) | $2.62 Billion | 21.90% | 1.28x | $1.95 Billion |
About Zhejiang Fuchunjiang Environmental Thermoelectric Co Ltd
Zhejiang Fuchunjiang Environmental Thermoelectric Co.,LTD. engages in solid waste disposal, and heat and power cogeneration activities in China. It is also engaged in recycling of sludge and general solid waste containing non-ferrous metals; hazardous waste recycling business that uses waste containing non-ferrous metals to recycle tin, copper, gold, silver, platinum, and palladium; and environme… Read more