China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd (003035) - Net Assets
Based on the latest financial reports, China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd (003035) has net assets worth CN¥7.81 Billion CNY (≈ $1.14 Billion 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¥23.18 Billion ≈ $3.39 Billion USD) and total liabilities (CN¥15.37 Billion ≈ $2.25 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. Read total liabilities of China Southern Power Grid Energy Efficie for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.81 Billion |
| % of Total Assets | 33.71% |
| Annual Growth Rate | 25.61% |
| 5-Year Change | 52.65% |
| 10-Year Change | N/A |
| Growth Volatility | 41.04 |
China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 003035 total asset value for the complete picture of this company's asset base.
Annual Net Assets for China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd (2016–2024)
The table below shows the annual net assets of China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd from 2016 to 2024. For live valuation and market cap data, see China Southern Power Grid Energy Efficie (003035) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.39 Billion ≈ $1.08 Billion |
-0.41% |
| 2023-12-31 | CN¥7.42 Billion ≈ $1.09 Billion |
+5.26% |
| 2022-12-31 | CN¥7.05 Billion ≈ $1.03 Billion |
+10.14% |
| 2021-12-31 | CN¥6.40 Billion ≈ $936.87 Million |
+32.21% |
| 2020-12-31 | CN¥4.84 Billion ≈ $708.60 Million |
+7.85% |
| 2019-12-31 | CN¥4.49 Billion ≈ $657.05 Million |
+134.15% |
| 2018-12-31 | CN¥1.92 Billion ≈ $280.61 Million |
+36.85% |
| 2017-12-31 | CN¥1.40 Billion ≈ $205.04 Million |
+17.51% |
| 2016-12-31 | CN¥1.19 Billion ≈ $174.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to China Southern Power Grid Energy Efficiency & Clean Energy 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 2389.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.58 Billion | 23.87% |
| Common Stock | CN¥3.79 Billion | 57.28% |
| Other Comprehensive Income | CN¥208.66 Million | 3.16% |
| Other Components | CN¥1.04 Billion | 15.70% |
| Total Equity | CN¥6.61 Billion | 100.00% |
China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd Competitors by Market Cap
The table below lists competitors of China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MARFRIG GL.FOOD.ADR/2O.N.
F:MGP1
|
$4.10 Billion |
|
CNO Financial Group Inc
NYSE:CNO
|
$4.11 Billion |
|
KLCC Property Holdings Bhd
KLSE:5235SS
|
$4.11 Billion |
|
Sphere Entertainment Co.
NYSE:SPHR
|
$4.11 Billion |
|
Tongling Jingd
SHG:600577
|
$4.10 Billion |
|
Sinomach Precision Industry Co Ltd
SHE:002046
|
$4.10 Billion |
|
Poco Holding Co Ltd
SHE:300811
|
$4.10 Billion |
|
Beiqi Foton Motor Co Ltd
SHG:600166
|
$4.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,739,438,229 to 6,613,388,985, a change of -126,049,244 (-1.9%).
- Net loss of 58,125,841 reduced equity.
- Dividend payments of 302,918,956 reduced retained earnings.
- Other comprehensive income increased equity by 27,469,642.
- Other factors increased equity by 207,525,911.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-58.13 Million | -0.88% |
| Dividends Paid | CN¥302.92 Million | -4.58% |
| Other Comprehensive Income | CN¥27.47 Million | +0.42% |
| Other Changes | CN¥207.53 Million | +3.14% |
| Total Change | CN¥- | -1.87% |
Book Value vs Market Value Analysis
This analysis compares China Southern Power Grid Energy Efficiency & Clean Energy 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: 3.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 21.20x to 3.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥0.35 | CN¥7.40 | x |
| 2017-12-31 | CN¥0.38 | CN¥7.40 | x |
| 2018-12-31 | CN¥0.43 | CN¥7.40 | x |
| 2019-12-31 | CN¥1.07 | CN¥7.40 | x |
| 2020-12-31 | CN¥1.18 | CN¥7.40 | x |
| 2021-12-31 | CN¥1.57 | CN¥7.40 | x |
| 2022-12-31 | CN¥1.71 | CN¥7.40 | x |
| 2023-12-31 | CN¥1.74 | CN¥7.40 | x |
| 2024-12-31 | CN¥2.28 | CN¥7.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Southern Power Grid Energy Efficiency & Clean Energy 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): -0.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.84%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 3.14x
- Recent ROE (-0.88%) is below the historical average (7.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.42% | 14.22% | 0.18x | 3.66x | CN¥-6.21 Million |
| 2017 | 10.73% | 13.51% | 0.18x | 4.32x | CN¥8.61 Million |
| 2018 | 14.02% | 15.23% | 0.18x | 5.05x | CN¥53.19 Million |
| 2019 | 6.79% | 18.31% | 0.17x | 2.18x | CN¥-130.81 Million |
| 2020 | 8.92% | 19.84% | 0.18x | 2.47x | CN¥-48.08 Million |
| 2021 | 8.05% | 18.29% | 0.19x | 2.28x | CN¥-116.21 Million |
| 2022 | 8.57% | 19.18% | 0.19x | 2.38x | CN¥-92.38 Million |
| 2023 | 4.61% | 10.40% | 0.16x | 2.73x | CN¥-363.21 Million |
| 2024 | -0.88% | -1.84% | 0.15x | 3.14x | CN¥-719.46 Million |
Industry Comparison
This section compares China Southern Power Grid Energy Efficiency & Clean Energy 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: $3,261,420,948
- Average return on equity (ROE) among peers: 12.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd (003035) | CN¥7.81 Billion | 9.42% | 1.97x | $4.10 Billion |
| Shenzhen Energy Group Co Ltd (000027) | $4.63 Billion | 8.48% | 0.68x | $4.76 Billion |
| Shenzhen Nanshan Power Co Ltd (000037) | $1.94 Billion | 0.56% | 1.58x | $535.60 Million |
| Guangzhou Hengyun Enterprises Holding Ltd (000531) | $4.62 Billion | 8.90% | 1.52x | $1.07 Billion |
| An Hui Wenergy Co Ltd (000543) | $358.78 Million | 13.14% | 0.02x | $2.68 Billion |
| Jointo Energy Investment Co Ltd Hebei (000600) | $53.68 Million | 11.61% | 0.85x | $2.51 Billion |
| Guangdong Shaoneng Group Co Ltd (000601) | $5.11 Billion | 7.85% | 1.19x | $1.02 Billion |
| Tianjin Binhai Energy & Development Co Ltd (000695) | $235.17 Million | -11.96% | 4.44x | $525.65 Million |
| Shanxi Zhangze Electric Power Co Ltd (000767) | $10.75 Billion | 0.30% | 4.45x | $1.70 Billion |
| Jilin Power Share Co Ltd (000875) | $4.75 Billion | 2.48% | 3.81x | $3.47 Billion |
| Jiangxi Ganneng Co Ltd (000899) | $168.15 Million | 79.33% | 3.35x | $1.78 Billion |
About China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd
China Southern Power Grid Energy Efficiency & Clean Energy Co., Ltd. engages in the provision of energy-saving services in China. The company offers energy-saving services, such as diagnosis, design, renovation, energy project investment, and operation and maintenance services. It is also involved in the contract energy management business, comprehensive resource utilization business, and energy-… Read more