Shenzhen Nanshan Power Co Ltd
Shenzhen Nanshan Power Co., Ltd., together with its subsidiaries, produces and sells power and heat. It operates through three segments: Power Production and Sale, Integrated Energy services, and Other. The company generates power using gas turbine and waste heat, as well as offers technical consulting and services related to power stations. It also engages in the construction, operation, mainten… Read more
Shenzhen Nanshan Power Co Ltd (200037) - Net Assets
Latest net assets as of June 2025: HK$1.49 Billion HKD
Based on the latest financial reports, Shenzhen Nanshan Power Co Ltd (200037) has net assets worth HK$1.49 Billion HKD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$1.98 Billion) and total liabilities (HK$495.76 Million). 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 | HK$1.49 Billion |
| % of Total Assets | 75.0% |
| Annual Growth Rate | 11.88% |
| 5-Year Change | -27.77% |
| 10-Year Change | N/A |
| Growth Volatility | 85.9 |
Shenzhen Nanshan Power Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Shenzhen Nanshan Power Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shenzhen Nanshan Power Co Ltd (2015–2024)
The table below shows the annual net assets of Shenzhen Nanshan Power Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | HK$1.51 Billion | +8.42% |
| 2023-12-31 | HK$1.39 Billion | -0.14% |
| 2022-12-31 | HK$1.39 Billion | -11.75% |
| 2021-12-31 | HK$1.58 Billion | -24.40% |
| 2020-12-31 | HK$2.09 Billion | +1.22% |
| 2019-12-31 | HK$2.06 Billion | +1.26% |
| 2018-12-31 | HK$2.04 Billion | +0.62% |
| 2017-12-31 | HK$2.02 Billion | +0.02% |
| 2016-12-31 | HK$2.02 Billion | +268.72% |
| 2015-12-31 | HK$548.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Nanshan Power 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 51477005581.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | HK$185.26 Million | 12.47% |
| Other Components | HK$1.30 Billion | 87.53% |
| Total Equity | HK$1.49 Billion | 100.00% |
Shenzhen Nanshan Power Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Nanshan Power Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Energenesis Biomedical Co. Ltd.
TW:6657
|
$98.30 Million |
|
LibertyStream Infrastructure Partners Inc.
F:3ZM
|
$98.31 Million |
|
Suzhou QingYue Optoelectronics Technology Co. Ltd. A
SHG:688496
|
$98.32 Million |
|
Userjoy Technology Co Ltd
TWO:3546
|
$98.33 Million |
|
SERITAGE GWTH PR.A DL-01
F:1D3
|
$98.23 Million |
|
Xpro India Limited
NSE:XPROINDIA
|
$98.23 Million |
|
X-Legend Entertainment Co Ltd
TW:4994
|
$98.22 Million |
|
Iljin Holdings
KO:015860
|
$98.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Nanshan Power Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,459,288,692 to 1,485,380,575, a change of 26,091,883 (1.8%).
- Net income of 21,908,829 contributed positively to equity growth.
- Dividend payments of 8,221,445 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$21.91 Million | +1.47% |
| Dividends Paid | HK$8.22 Million | -0.55% |
| Other Changes | HK$12.40 Million | +0.84% |
| Total Change | HK$- | 1.79% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Nanshan Power 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: 0.88x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.67x to 0.88x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | HK$3.25 | HK$2.18 | x |
| 2018-12-31 | HK$3.28 | HK$2.18 | x |
| 2019-12-31 | HK$3.32 | HK$2.18 | x |
| 2020-12-31 | HK$3.41 | HK$2.18 | x |
| 2021-12-31 | HK$2.68 | HK$2.18 | x |
| 2022-12-31 | HK$2.41 | HK$2.18 | x |
| 2023-12-31 | HK$2.42 | HK$2.18 | x |
| 2024-12-31 | HK$2.46 | HK$2.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Nanshan Power Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.95%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.36x
- Recent ROE (1.47%) is above the historical average (-6.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -99.78% | -47.18% | 0.29x | 7.20x | HK$-698.22 Million |
| 2016 | 67.26% | 83.01% | 0.36x | 2.25x | HK$1.11 Billion |
| 2017 | 0.81% | 0.78% | 0.71x | 1.47x | HK$-179.96 Million |
| 2018 | 0.97% | 1.02% | 0.57x | 1.67x | HK$-178.53 Million |
| 2019 | 1.24% | 2.04% | 0.38x | 1.61x | HK$-175.38 Million |
| 2020 | 3.12% | 6.50% | 0.33x | 1.47x | HK$-141.45 Million |
| 2021 | -27.21% | -58.04% | 0.27x | 1.73x | HK$-600.98 Million |
| 2022 | -11.01% | -23.07% | 0.27x | 1.79x | HK$-305.68 Million |
| 2023 | 0.28% | 0.71% | 0.29x | 1.40x | HK$-141.77 Million |
| 2024 | 1.47% | 4.95% | 0.22x | 1.36x | HK$-126.63 Million |
Industry Comparison
This section compares Shenzhen Nanshan Power 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: $4,563,459,332
- Average return on equity (ROE) among peers: 5.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Nanshan Power Co Ltd (200037) | HK$1.49 Billion | -99.78% | 0.33x | $98.29 Million |
| Guangzhou Hengyun Enterprises Holding Ltd (000531) | $901.14 Million | 7.15% | 0.78x | $380.61 Million |
| An Hui Wenergy Co Ltd (000543) | $13.78 Billion | 0.96% | 0.93x | $1.12 Billion |
| Jointo Energy Investment Co Ltd Hebei (000600) | $315.53 Million | 1.03% | 1.12x | $850.51 Million |
| Guangdong Shaoneng Group Co Ltd (000601) | $1.97 Billion | 6.67% | 0.53x | $618.00 Million |
| Tianjin Binhai Energy & Development Co Ltd (000695) | $365.38 Million | 8.27% | 1.19x | $255.46 Million |
| Shanxi Zhangze Electric Power Co Ltd (000767) | $2.29 Billion | 0.61% | 3.95x | $785.66 Million |
| Jilin Power Share Co Ltd (000875) | $19.94 Billion | 3.38% | 2.59x | $2.26 Billion |
| Jiangxi Ganneng Co Ltd (000899) | $1.50 Billion | 2.89% | 0.15x | $515.88 Million |
| SPIC Dongfang New Energy Corp (000958) | $1.14 Billion | -0.30% | 1.72x | $1.05 Billion |
| CHN Energy Changyuan Electric Power Co Ltd (000966) | $3.44 Billion | 27.68% | 1.79x | $773.00 Million |