CGN Power

SHE:003816 China Utilities - Independent Power Producers
Market Cap
$22.68 Billion
CN¥166.39 Billion CNY
Market Cap Rank
#1797 Global
#95 in China
Share Price
CN¥4.23
Change (1 day)
-2.31%
52-Week Range
CN¥3.41 - CN¥4.38
All Time High
CN¥5.21
Categories
Companies in China Utilities - Independent Power Producers
About

CGN Power Co., Ltd. operates and manages nuclear power stations, sells electricity generated by these stations, and provides related technical services in the People's Republic of China. The company also provides construction, installation, design, and related technical services, as well as labor services. As of June 30, 2024, the company manages 28 nuclear power units with a total installed capa… Read more

CGN Power (003816) - Net Assets

Latest net assets as of September 2025: CN¥175.16 Billion CNY

Based on the latest financial reports, CGN Power (003816) has net assets worth CN¥175.16 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥447.14 Billion) and total liabilities (CN¥271.98 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¥175.16 Billion
% of Total Assets 39.17%
Annual Growth Rate 11.83%
5-Year Change 21.67%
10-Year Change 118.93%
Growth Volatility 9.55

CGN Power - Net Assets Trend (2013–2024)

This chart illustrates how CGN Power's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for CGN Power (2013–2024)

The table below shows the annual net assets of CGN Power from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥172.32 Billion +4.24%
2023-12-31 CN¥165.30 Billion +4.67%
2022-12-31 CN¥157.93 Billion +4.65%
2021-12-31 CN¥150.91 Billion +6.55%
2020-12-31 CN¥141.63 Billion +4.68%
2019-12-31 CN¥135.29 Billion +19.60%
2018-12-31 CN¥113.13 Billion +10.33%
2017-12-31 CN¥102.53 Billion +25.20%
2016-12-31 CN¥81.90 Billion +4.05%
2015-12-31 CN¥78.71 Billion +32.47%
2014-12-31 CN¥59.42 Billion +18.02%
2013-12-31 CN¥50.35 Billion --

Equity Component Analysis

This analysis shows how different components contribute to CGN Power'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 383.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥50.24 Billion 42.06%
Common Stock CN¥50.50 Billion 42.28%
Other Comprehensive Income CN¥-14.18 Billion -11.88%
Other Components CN¥32.89 Billion 27.53%
Total Equity CN¥119.44 Billion 100.00%

CGN Power Competitors by Market Cap

The table below lists competitors of CGN Power ranked by their market capitalization.

Company Market Cap
Booz Allen Hamilton Holding Corp.
LSE:0HOT
 		$9.03 Billion
Core & Main Inc
NYSE:CNM
 		$9.03 Billion
InterDigital Inc
NASDAQ:IDCC
 		$9.04 Billion
Telecom Italia S.p.A. RNC
LSE:0GA3
 		$9.04 Billion
Boeing Co. CEDEAR
BA:BA
 		$9.02 Billion
West Japan Railway Company
PINK:WJRYF
 		$9.00 Billion
HAL TR. UNITS
F:HA4
 		$9.00 Billion
Focus Media Information Technology Co Ltd
SHE:002027
 		$8.99 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CGN Power's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 113,235,895,000 to 119,441,294,000, a change of 6,205,399,000 (5.5%).
  • Net income of 10,813,873,000 contributed positively to equity growth.
  • Dividend payments of 16,035,252,000 reduced retained earnings.
  • Other comprehensive income increased equity by 360,502,000.
  • Other factors increased equity by 11,066,276,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥10.81 Billion +9.05%
Dividends Paid CN¥16.04 Billion -13.43%
Other Comprehensive Income CN¥360.50 Million +0.3%
Other Changes CN¥11.07 Billion +9.27%
Total Change CN¥- 5.48%

Book Value vs Market Value Analysis

This analysis compares CGN Power'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: 1.79x
  • 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 3.93x to 1.79x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 CN¥1.08 CN¥4.23 x
2014-12-31 CN¥1.52 CN¥4.23 x
2015-12-31 CN¥1.25 CN¥4.23 x
2016-12-31 CN¥1.24 CN¥4.23 x
2017-12-31 CN¥1.45 CN¥4.23 x
2018-12-31 CN¥1.56 CN¥4.23 x
2019-12-31 CN¥1.91 CN¥4.23 x
2020-12-31 CN¥1.89 CN¥4.23 x
2021-12-31 CN¥2.00 CN¥4.23 x
2022-12-31 CN¥2.12 CN¥4.23 x
2023-12-31 CN¥2.24 CN¥4.23 x
2024-12-31 CN¥2.37 CN¥4.23 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CGN Power 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): 9.05%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.46%
  • • Asset Turnover: 0.20x
  • • Equity Multiplier: 3.56x
  • Recent ROE (9.05%) is below the historical average (11.31%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 13.45% 24.52% 0.09x 5.90x CN¥1.08 Billion
2014 12.19% 30.34% 0.13x 3.09x CN¥1.11 Billion
2015 12.41% 26.69% 0.12x 3.85x CN¥1.37 Billion
2016 12.89% 22.45% 0.11x 5.09x CN¥1.63 Billion
2017 14.43% 21.12% 0.13x 5.46x CN¥2.92 Billion
2018 12.24% 17.12% 0.14x 5.18x CN¥1.59 Billion
2019 10.54% 15.55% 0.16x 4.32x CN¥485.50 Million
2020 10.04% 13.55% 0.18x 4.11x CN¥34.98 Million
2021 9.68% 12.10% 0.20x 3.96x CN¥-326.88 Million
2022 9.31% 12.03% 0.20x 3.82x CN¥-738.97 Million
2023 9.47% 12.99% 0.20x 3.67x CN¥-599.02 Million
2024 9.05% 12.46% 0.20x 3.56x CN¥-1.13 Billion

Industry Comparison

This section compares CGN Power's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.

Industry Context

  • Industry: Utilities - Independent Power Producers
  • Average net assets among peers: $21,815,970,275
  • Average return on equity (ROE) among peers: 2.51%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CGN Power (003816) CN¥175.16 Billion 13.45% 1.55x $9.02 Billion
Guangdong Baolihua New Energy Stock Co LTD (000690) $326.87 Million 9.45% 0.52x $1.19 Billion
Henan BCCY Environmental Energy Co. Ltd (300614) $1.28 Billion -22.09% 0.72x $185.10 Million
Zhejiang Zheneng Electric Power Co Ltd (600023) $68.80 Billion 6.30% 0.64x $2.20 Billion
Beijing Jingneng Power Co Ltd (600578) $26.29 Billion -11.86% 2.14x $1.37 Billion
Sichuan Chuantou Energy Co Ltd (600674) $609.21 Million 10.97% 0.54x $3.44 Billion
Dalian Thermal Power Co Ltd (600719) $453.63 Million 10.89% 1.20x $250.11 Million
Huadian Energy (600726) $1.69 Billion 10.92% 0.48x $855.33 Million
Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd (600863) $20.59 Billion 8.58% 0.95x $2.25 Billion
Datang International Power Generation Co Ltd Class A (601991) $76.31 Billion -0.53% 3.00x $3.85 Billion