EVE Energy
EVE Energy Co., Ltd. engages in the research, development, production, and sales of lithium batteries in China and internationally. It provides lithium primary batteries, including lithium-thionyl chloride battery, lithium-manganese dioxide battery, battery capacitor, and composite power supply ES. The company also offers consumer batteries, such as primary lithium and consumer small lithium-ion … Read more
EVE Energy (300014) - Net Assets
Latest net assets as of September 2025: CN¥42.21 Billion CNY
Based on the latest financial reports, EVE Energy (300014) has net assets worth CN¥42.21 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¥116.37 Billion) and total liabilities (CN¥74.16 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¥42.21 Billion |
| % of Total Assets | 36.28% |
| Annual Growth Rate | 47.52% |
| 5-Year Change | 145.93% |
| 10-Year Change | 2211.58% |
| Growth Volatility | 77.97 |
EVE Energy - Net Assets Trend (2006–2024)
This chart illustrates how EVE Energy's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EVE Energy (2006–2024)
The table below shows the annual net assets of EVE Energy from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥41.00 Billion | +7.88% |
| 2023-12-31 | CN¥38.01 Billion | +14.61% |
| 2022-12-31 | CN¥33.16 Billion | +62.65% |
| 2021-12-31 | CN¥20.39 Billion | +22.29% |
| 2020-12-31 | CN¥16.67 Billion | +116.18% |
| 2019-12-31 | CN¥7.71 Billion | +108.31% |
| 2018-12-31 | CN¥3.70 Billion | +15.79% |
| 2017-12-31 | CN¥3.20 Billion | +52.67% |
| 2016-12-31 | CN¥2.09 Billion | +18.07% |
| 2015-12-31 | CN¥1.77 Billion | +73.82% |
| 2014-12-31 | CN¥1.02 Billion | +13.90% |
| 2013-12-31 | CN¥895.87 Million | +21.72% |
| 2012-12-31 | CN¥736.03 Million | +13.62% |
| 2011-12-31 | CN¥647.80 Million | +11.34% |
| 2010-12-31 | CN¥581.82 Million | +8.06% |
| 2009-12-31 | CN¥538.40 Million | +332.38% |
| 2008-12-31 | CN¥124.52 Million | +33.18% |
| 2007-12-31 | CN¥93.50 Million | +149.75% |
| 2006-12-31 | CN¥37.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EVE Energy'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 83010.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥17.02 Billion | 45.28% |
| Common Stock | CN¥2.05 Billion | 5.44% |
| Other Components | CN¥18.52 Billion | 49.28% |
| Total Equity | CN¥37.58 Billion | 100.00% |
EVE Energy Competitors by Market Cap
The table below lists competitors of EVE Energy ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asustek Computer Inc
TW:2357
|
$11.74 Billion |
|
Healthpeak Properties Inc
NYSE:DOC
|
$11.75 Billion |
|
Nitori Holdings Co. Ltd
PINK:NCLTF
|
$11.75 Billion |
|
Align Technology Inc
NASDAQ:ALGN
|
$11.75 Billion |
|
Guotai Junan Securities Co. Ltd
PINK:GUOSF
|
$11.73 Billion |
|
ASR Nederland NV
AS:ASRNL
|
$11.72 Billion |
|
The Ensign Group Inc
NASDAQ:ENSG
|
$11.71 Billion |
|
Hanwha Ocean Co., Ltd
KO:042660
|
$11.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EVE Energy's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 34,732,864,000 to 37,580,697,000, a change of 2,847,833,000 (8.2%).
- Net income of 4,075,585,000 contributed positively to equity growth.
- Dividend payments of 1,752,512,000 reduced retained earnings.
- Share repurchases of 61,496,000 reduced equity.
- Other comprehensive income decreased equity by 5,178,976,000.
- Other factors increased equity by 5,765,232,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.08 Billion | +10.84% |
| Dividends Paid | CN¥1.75 Billion | -4.66% |
| Share Repurchases | CN¥61.50 Million | -0.16% |
| Other Comprehensive Income | CN¥-5.18 Billion | -13.78% |
| Other Changes | CN¥5.77 Billion | +15.34% |
| Total Change | CN¥- | 8.20% |
Book Value vs Market Value Analysis
This analysis compares EVE Energy'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: 3.80x
- 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 865.04x to 3.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.08 | CN¥68.62 | x |
| 2007-12-31 | CN¥0.20 | CN¥68.62 | x |
| 2008-12-31 | CN¥0.22 | CN¥68.62 | x |
| 2009-12-31 | CN¥0.90 | CN¥68.62 | x |
| 2010-12-31 | CN¥1.16 | CN¥68.62 | x |
| 2011-12-31 | CN¥0.85 | CN¥68.62 | x |
| 2012-12-31 | CN¥0.96 | CN¥68.62 | x |
| 2013-12-31 | CN¥1.16 | CN¥68.62 | x |
| 2014-12-31 | CN¥1.30 | CN¥68.62 | x |
| 2015-12-31 | CN¥2.26 | CN¥68.62 | x |
| 2016-12-31 | CN¥1.18 | CN¥68.62 | x |
| 2017-12-31 | CN¥1.89 | CN¥68.62 | x |
| 2018-12-31 | CN¥2.20 | CN¥68.62 | x |
| 2019-12-31 | CN¥4.27 | CN¥68.62 | x |
| 2020-12-31 | CN¥7.61 | CN¥68.62 | x |
| 2021-12-31 | CN¥9.45 | CN¥68.62 | x |
| 2022-12-31 | CN¥15.86 | CN¥68.62 | x |
| 2023-12-31 | CN¥16.89 | CN¥68.62 | x |
| 2024-12-31 | CN¥18.07 | CN¥68.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EVE Energy 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): 10.84%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.38%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 2.68x
- Recent ROE (10.84%) is below the historical average (15.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 39.74% | 10.62% | 1.43x | 2.62x | CN¥11.13 Million |
| 2007 | 26.55% | 14.75% | 1.01x | 1.78x | CN¥15.48 Million |
| 2008 | 24.91% | 15.32% | 0.94x | 1.73x | CN¥18.57 Million |
| 2009 | 7.42% | 19.40% | 0.34x | 1.13x | CN¥-13.89 Million |
| 2010 | 9.73% | 18.53% | 0.44x | 1.19x | CN¥-1.56 Million |
| 2011 | 13.24% | 17.98% | 0.59x | 1.25x | CN¥21.00 Million |
| 2012 | 13.41% | 16.22% | 0.68x | 1.22x | CN¥25.02 Million |
| 2013 | 18.10% | 15.47% | 0.82x | 1.43x | CN¥71.92 Million |
| 2014 | 8.52% | 6.86% | 0.72x | 1.73x | CN¥-14.43 Million |
| 2015 | 8.85% | 11.22% | 0.54x | 1.46x | CN¥-19.58 Million |
| 2016 | 12.95% | 15.61% | 0.37x | 2.26x | CN¥57.39 Million |
| 2017 | 13.09% | 13.53% | 0.40x | 2.42x | CN¥95.17 Million |
| 2018 | 16.02% | 13.12% | 0.43x | 2.82x | CN¥214.51 Million |
| 2019 | 20.15% | 23.74% | 0.39x | 2.16x | CN¥766.70 Million |
| 2020 | 11.49% | 20.24% | 0.32x | 1.79x | CN¥214.43 Million |
| 2021 | 16.20% | 17.19% | 0.38x | 2.48x | CN¥1.11 Billion |
| 2022 | 11.54% | 9.67% | 0.43x | 2.75x | CN¥467.62 Million |
| 2023 | 11.66% | 8.30% | 0.52x | 2.72x | CN¥576.89 Million |
| 2024 | 10.84% | 8.38% | 0.48x | 2.68x | CN¥317.52 Million |
Industry Comparison
This section compares EVE Energy's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EVE Energy (300014) | CN¥42.21 Billion | 39.74% | 1.76x | $11.74 Billion |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |