China Western Power Industrial Co Ltd (002630) - Net Assets
Based on the latest financial reports, China Western Power Industrial Co Ltd (002630) has net assets worth CN¥65.97 Million CNY (≈ $9.65 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¥8.73 Billion ≈ $1.28 Billion USD) and total liabilities (CN¥8.67 Billion ≈ $1.27 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. Check China Western Power Industrial 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¥65.97 Million |
| % of Total Assets | 0.76% |
| Annual Growth Rate | -4.24% |
| 5-Year Change | -95.4% |
| 10-Year Change | -97.33% |
| Growth Volatility | 42.93 |
China Western Power Industrial Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how China Western Power Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002630 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for China Western Power Industrial Co Ltd (2006–2025)
The table below shows the annual net assets of China Western Power Industrial Co Ltd from 2006 to 2025. For live valuation and market cap data, see 002630 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥83.80 Million ≈ $12.26 Million |
-75.60% |
| 2024-12-31 | CN¥343.45 Million ≈ $50.26 Million |
-54.71% |
| 2023-12-31 | CN¥758.30 Million ≈ $110.96 Million |
-27.97% |
| 2022-12-31 | CN¥1.05 Billion ≈ $154.04 Million |
-42.17% |
| 2021-12-31 | CN¥1.82 Billion ≈ $266.36 Million |
-31.72% |
| 2020-12-31 | CN¥2.67 Billion ≈ $390.11 Million |
-21.04% |
| 2019-12-31 | CN¥3.38 Billion ≈ $494.07 Million |
+2.69% |
| 2018-12-31 | CN¥3.29 Billion ≈ $481.10 Million |
-1.93% |
| 2017-12-31 | CN¥3.35 Billion ≈ $490.55 Million |
+6.71% |
| 2016-12-31 | CN¥3.14 Billion ≈ $459.70 Million |
+6.99% |
| 2015-12-31 | CN¥2.94 Billion ≈ $429.68 Million |
+7.06% |
| 2014-12-31 | CN¥2.74 Billion ≈ $401.34 Million |
+55.44% |
| 2013-12-31 | CN¥1.76 Billion ≈ $258.19 Million |
+7.14% |
| 2012-12-31 | CN¥1.65 Billion ≈ $240.98 Million |
+5.70% |
| 2011-12-31 | CN¥1.56 Billion ≈ $227.98 Million |
+94.85% |
| 2010-12-31 | CN¥799.56 Million ≈ $117.00 Million |
+42.07% |
| 2009-12-31 | CN¥562.78 Million ≈ $82.35 Million |
+25.49% |
| 2008-12-31 | CN¥448.47 Million ≈ $65.62 Million |
+25.46% |
| 2007-12-31 | CN¥357.46 Million ≈ $52.31 Million |
+87.09% |
| 2006-12-31 | CN¥191.06 Million ≈ $27.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to China Western Power Industrial 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 decreased by 3810.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.04 Billion | % |
| Total Equity | CN¥-58.07 Million | 100.00% |
China Western Power Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of China Western Power Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wuhan Tianyu Info Industry
SHE:300205
|
$340.46 Million |
|
Zhejiang HISUN Biomaterials Co. Ltd. A
SHG:688203
|
$340.48 Million |
|
Cadiz Inc
NASDAQ:CDZI
|
$340.66 Million |
|
F-SECURE OYJ
HE:FSECURE
|
$340.68 Million |
|
Chengdu Dahongli Machinery Co Ltd
SHE:300865
|
$340.22 Million |
|
Jiangsu Junxia Gym Equipment Co. Ltd. A
SHE:301287
|
$339.99 Million |
|
Jiangsu Tianmu Lake Tourism Co Ltd
SHG:603136
|
$339.94 Million |
|
Lihe Technology
SHE:300800
|
$339.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Western Power Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 200,427,311 to -58,065,145, a change of -258,492,456 (-129.0%).
- Net loss of 287,093,579 reduced equity.
- Dividend payments of 86,903,925 reduced retained earnings.
- Other comprehensive income decreased equity by 66,376,674.
- Other factors increased equity by 181,881,722.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-287.09 Million | -494.43% |
| Dividends Paid | CN¥86.90 Million | -149.67% |
| Other Comprehensive Income | CN¥-66.38 Million | -114.31% |
| Other Changes | CN¥181.88 Million | +313.24% |
| Total Change | CN¥- | -128.97% |
Book Value vs Market Value Analysis
This analysis compares China Western Power Industrial 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.30 | CN¥1.97 | x |
| 2007-12-31 | CN¥0.60 | CN¥1.97 | x |
| 2008-12-31 | CN¥0.70 | CN¥1.97 | x |
| 2009-12-31 | CN¥0.88 | CN¥1.97 | x |
| 2010-12-31 | CN¥1.16 | CN¥1.97 | x |
| 2011-12-31 | CN¥2.10 | CN¥1.97 | x |
| 2012-12-31 | CN¥1.71 | CN¥1.97 | x |
| 2013-12-31 | CN¥1.83 | CN¥1.97 | x |
| 2014-12-31 | CN¥2.34 | CN¥1.97 | x |
| 2015-12-31 | CN¥2.46 | CN¥1.97 | x |
| 2016-12-31 | CN¥2.61 | CN¥1.97 | x |
| 2017-12-31 | CN¥2.76 | CN¥1.97 | x |
| 2018-12-31 | CN¥2.67 | CN¥1.97 | x |
| 2019-12-31 | CN¥2.67 | CN¥1.97 | x |
| 2020-12-31 | CN¥2.10 | CN¥1.97 | x |
| 2021-12-31 | CN¥1.40 | CN¥1.97 | x |
| 2022-12-31 | CN¥0.75 | CN¥1.97 | x |
| 2023-12-31 | CN¥0.51 | CN¥1.97 | x |
| 2024-12-31 | CN¥0.17 | CN¥1.97 | x |
| 2025-12-31 | CN¥-0.05 | CN¥1.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Western Power Industrial 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.12%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-9.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 32.53% | 5.65% | 0.71x | 8.06x | CN¥39.56 Million |
| 2007 | 28.71% | 9.04% | 0.82x | 3.88x | CN¥66.35 Million |
| 2008 | 21.19% | 7.10% | 0.88x | 3.38x | CN¥49.80 Million |
| 2009 | 16.95% | 7.09% | 0.64x | 3.76x | CN¥38.84 Million |
| 2010 | 11.19% | 5.75% | 0.59x | 3.30x | CN¥9.46 Million |
| 2011 | 6.58% | 5.36% | 0.48x | 2.58x | CN¥-53.25 Million |
| 2012 | 6.29% | 4.22% | 0.49x | 3.03x | CN¥-61.15 Million |
| 2013 | 7.45% | 4.19% | 0.60x | 2.96x | CN¥-44.94 Million |
| 2014 | 5.44% | 4.56% | 0.46x | 2.61x | CN¥-125.07 Million |
| 2015 | 6.83% | 5.36% | 0.40x | 3.15x | CN¥-92.26 Million |
| 2016 | 6.65% | 6.03% | 0.32x | 3.44x | CN¥-103.47 Million |
| 2017 | 5.92% | 4.66% | 0.29x | 4.38x | CN¥-133.03 Million |
| 2018 | -4.52% | -3.90% | 0.25x | 4.66x | CN¥-457.18 Million |
| 2019 | 1.16% | 1.01% | 0.28x | 4.07x | CN¥-279.40 Million |
| 2020 | -18.77% | -21.10% | 0.18x | 5.01x | CN¥-713.88 Million |
| 2021 | -41.33% | -44.96% | 0.14x | 6.79x | CN¥-847.12 Million |
| 2022 | -85.00% | -88.12% | 0.08x | 11.41x | CN¥-846.15 Million |
| 2023 | -31.90% | -10.34% | 0.19x | 16.52x | CN¥-253.58 Million |
| 2024 | -173.74% | -13.43% | 0.27x | 48.04x | CN¥-368.27 Million |
| 2025 | 0.00% | -17.12% | 0.20x | 0.00x | CN¥-281.29 Million |
Industry Comparison
This section compares China Western Power Industrial Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Western Power Industrial Co Ltd (002630) | CN¥65.97 Million | 32.53% | 131.40x | $340.39 Million |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About China Western Power Industrial Co Ltd
China Western Power Industrial Co., Ltd. designs, manufactures, and sells boilers in China. Its products include energy-saving, coal-fired, alkali recovery, waste incineration power generation, biomass power generation, blast furnace tail gas power generation, gas, oil sludge, waste heat, special, and industrial boilers, as well as pressure vessels. The company is also involved in the EPC general… Read more