Henan Yicheng New Energy Co Ltd (300080) - Net Assets

Latest as of September 2025: CN¥5.59 Billion CNY ≈ $817.87 Million USD

Based on the latest financial reports, Henan Yicheng New Energy Co Ltd (300080) has net assets worth CN¥5.59 Billion CNY (≈ $817.87 Million 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¥14.51 Billion ≈ $2.12 Billion USD) and total liabilities (CN¥8.92 Billion ≈ $1.30 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 300080 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥5.59 Billion
% of Total Assets	38.53%
Annual Growth Rate	31.38%
5-Year Change	2.22%
10-Year Change	66.16%
Growth Volatility	154.25

Henan Yicheng New Energy Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Henan Yicheng New Energy Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300080 total assets for the complete picture of this company's asset base.

Annual Net Assets for Henan Yicheng New Energy Co Ltd (2007–2024)

The table below shows the annual net assets of Henan Yicheng New Energy Co Ltd from 2007 to 2024. For live valuation and market cap data, see Henan Yicheng New Energy Co Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	CN¥5.38 Billion ≈ $787.76 Million	-29.89%
2023-12-31	CN¥7.68 Billion ≈ $1.12 Billion	+18.43%
2022-12-31	CN¥6.48 Billion ≈ $948.73 Million	+16.35%
2021-12-31	CN¥5.57 Billion ≈ $815.43 Million	+5.82%
2020-12-31	CN¥5.27 Billion ≈ $770.62 Million	-3.66%
2019-12-31	CN¥5.47 Billion ≈ $799.92 Million	+183.29%
2018-12-31	CN¥1.93 Billion ≈ $282.37 Million	-25.03%
2017-12-31	CN¥2.57 Billion ≈ $376.63 Million	-21.27%
2016-12-31	CN¥3.27 Billion ≈ $478.38 Million	+0.91%
2015-12-31	CN¥3.24 Billion ≈ $474.09 Million	+0.18%
2014-12-31	CN¥3.23 Billion ≈ $473.26 Million	+0.26%
2013-12-31	CN¥3.23 Billion ≈ $472.04 Million	+68.85%
2012-12-31	CN¥1.91 Billion ≈ $279.57 Million	-3.11%
2011-12-31	CN¥1.97 Billion ≈ $288.54 Million	+3.62%
2010-12-31	CN¥1.90 Billion ≈ $278.45 Million	+619.94%
2009-12-31	CN¥264.31 Million ≈ $38.68 Million	+58.56%
2008-12-31	CN¥166.69 Million ≈ $24.39 Million	+220.88%
2007-12-31	CN¥51.95 Million ≈ $7.60 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Henan Yicheng New 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 5484.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.28 Billion	25.04%
Common Stock	CN¥1.87 Billion	36.55%
Other Comprehensive Income	CN¥442.04 Million	8.62%
Other Components	CN¥1.53 Billion	29.79%
Total Equity	CN¥5.13 Billion	100.00%

Henan Yicheng New Energy Co Ltd Competitors by Market Cap

The table below lists competitors of Henan Yicheng New Energy Co Ltd ranked by their market capitalization.

Company	Market Cap
Biotage AB ST:BIOT	$1.23 Billion
Treehouse Foods Inc NYSE:THS	$1.23 Billion
Suzhou Chunqiu Electronic Technology Co Ltd Class A SHG:603890	$1.23 Billion
INKON Life Technology Co Ltd SHE:300143	$1.23 Billion
GMP Property SOCIMI SA MC:YGMP	$1.23 Billion
Tourmaline Bio Inc. NASDAQ:TRML	$1.23 Billion
Grupo Herdez S.A.B. de C.V MX:HERDEZ	$1.23 Billion
Actions Technology Co Ltd SHG:688049	$1.23 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Henan Yicheng New Energy Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 6,989,418,405 to 5,126,141,623, a change of -1,863,276,782 (-26.7%).
Net loss of 851,349,211 reduced equity.
Dividend payments of 145,557,281 reduced retained earnings.
Other comprehensive income increased equity by 433,401,863.
Other factors decreased equity by 1,299,772,153.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-851.35 Million	-16.61%
Dividends Paid	CN¥145.56 Million	-2.84%
Other Comprehensive Income	CN¥433.40 Million	+8.45%
Other Changes	CN¥-1.30 Billion	-25.36%
Total Change	CN¥-	-26.66%

Book Value vs Market Value Analysis

This analysis compares Henan Yicheng New 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: 1.76x
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 23.61x to 1.76x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	CN¥0.19	CN¥4.50	x
2008-12-31	CN¥0.61	CN¥4.50	x
2009-12-31	CN¥0.97	CN¥4.50	x
2010-12-31	CN¥5.27	CN¥4.50	x
2011-12-31	CN¥7.04	CN¥4.50	x
2012-12-31	CN¥13.76	CN¥4.50	x
2013-12-31	CN¥8.37	CN¥4.50	x
2014-12-31	CN¥6.40	CN¥4.50	x
2015-12-31	CN¥6.39	CN¥4.50	x
2016-12-31	CN¥6.44	CN¥4.50	x
2017-12-31	CN¥4.35	CN¥4.50	x
2018-12-31	CN¥0.76	CN¥4.50	x
2019-12-31	CN¥2.28	CN¥4.50	x
2020-12-31	CN¥2.32	CN¥4.50	x
2021-12-31	CN¥2.35	CN¥4.50	x
2022-12-31	CN¥2.66	CN¥4.50	x
2023-12-31	CN¥3.22	CN¥4.50	x
2024-12-31	CN¥2.56	CN¥4.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Henan Yicheng New 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): -16.61%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -24.88%
• Asset Turnover: 0.26x
• Equity Multiplier: 2.58x
Recent ROE (-16.61%) is below the historical average (11.85%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	42.38%	11.07%	1.81x	2.12x	CN¥16.82 Million
2008	46.04%	13.34%	1.78x	1.94x	CN¥60.07 Million
2009	36.93%	17.11%	1.08x	1.99x	CN¥71.19 Million
2010	7.81%	12.28%	0.55x	1.16x	CN¥-41.68 Million
2011	6.34%	7.64%	0.61x	1.36x	CN¥-72.21 Million
2012	1.43%	4.77%	0.21x	1.45x	CN¥-163.62 Million
2013	2.37%	4.89%	0.31x	1.58x	CN¥-243.54 Million
2014	1.42%	2.03%	0.41x	1.73x	CN¥-275.96 Million
2015	0.20%	0.37%	0.31x	1.68x	CN¥-315.79 Million
2016	0.59%	0.79%	0.38x	1.93x	CN¥-305.27 Million
2017	-46.38%	-50.22%	0.30x	3.06x	CN¥-1.23 Billion
2018	112.93%	24.42%	1.41x	3.28x	CN¥1.58 Billion
2019	13.04%	10.06%	0.67x	1.93x	CN¥140.22 Million
2020	-1.07%	-1.30%	0.42x	1.94x	CN¥-535.49 Million
2021	-3.17%	-2.79%	0.56x	2.04x	CN¥-668.84 Million
2022	8.35%	4.29%	0.84x	2.33x	CN¥-95.36 Million
2023	0.66%	0.47%	0.59x	2.41x	CN¥-652.88 Million
2024	-16.61%	-24.88%	0.26x	2.58x	CN¥-1.36 Billion

Industry Comparison

This section compares Henan Yicheng New Energy Co Ltd's net assets metrics with peer companies in the Solar industry.

Industry Context

Industry: Solar
Average net assets among peers: $2,995,605,320
Average return on equity (ROE) among peers: -10.51%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Henan Yicheng New Energy Co Ltd (300080)	CN¥5.59 Billion	42.38%	1.60x	$1.23 Billion
Shenzhen Topraysolar Co Ltd (002218)	$2.83 Billion	5.76%	1.03x	$1.13 Billion
JA Solar Technology Co Ltd (002459)	$517.20 Million	-82.98%	2.14x	$5.26 Billion
GCL System Integration Technology Co Ltd (002506)	$4.32 Billion	-61.14%	2.22x	$3.62 Billion
Changzhou Almaden Co Ltd (002623)	$3.27 Billion	2.55%	0.61x	$617.25 Million
Hainan Drinda Automotive Trim Co Ltd (002865)	$376.87 Million	16.83%	0.83x	$2.70 Billion
Gansu Golden Glass Technologies Co Ltd (300093)	$873.43 Million	0.53%	0.86x	$697.90 Million
Risen Energy (300118)	$9.37 Billion	10.39%	1.73x	$2.96 Billion
Lingda Group Co Ltd (300125)	$771.02 Million	4.76%	0.63x	$956.81 Million
Jolywood Suzhou Sunwatt Co Ltd (300393)	$4.63 Billion	8.67%	2.67x	$1.61 Billion

About Henan Yicheng New Energy Co Ltd

SHE:300080 China Solar

Market Cap

$1.23 Billion

CN¥8.43 Billion CNY

Market Cap Rank

#8221 Global

#2088 in China

Share Price

CN¥4.50

Change (1 day)

-0.66%

52-Week Range

CN¥3.65 - CN¥6.40

All Time High

CN¥11.67