Risen Energy
Risen Energy Co.,Ltd. designs, develops, manufactures, and sells solar modules in China. It offers titan and hyper-ion modules; BIPV series; quality control; inverter; and energy storage products, including grid and mass industrial products. The company is also involved in the construction, operation, and maintenance of photovoltaic power plants; design, engineering, operation, and maintenance of… Read more
Risen Energy (300118) - Net Assets
Latest net assets as of September 2025: CN¥10.50 Billion CNY
Based on the latest financial reports, Risen Energy (300118) has net assets worth CN¥10.50 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¥35.99 Billion) and total liabilities (CN¥25.49 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¥10.50 Billion |
| % of Total Assets | 29.17% |
| Annual Growth Rate | 40.81% |
| 5-Year Change | 15.88% |
| 10-Year Change | 266.83% |
| Growth Volatility | 192.28 |
Risen Energy - Net Assets Trend (2007–2024)
This chart illustrates how Risen 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 Risen Energy (2007–2024)
The table below shows the annual net assets of Risen Energy from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥11.52 Billion | -24.36% |
| 2023-12-31 | CN¥15.23 Billion | +46.41% |
| 2022-12-31 | CN¥10.40 Billion | +9.03% |
| 2021-12-31 | CN¥9.54 Billion | -4.04% |
| 2020-12-31 | CN¥9.94 Billion | +6.10% |
| 2019-12-31 | CN¥9.37 Billion | +11.49% |
| 2018-12-31 | CN¥8.40 Billion | +11.52% |
| 2017-12-31 | CN¥7.54 Billion | +90.42% |
| 2016-12-31 | CN¥3.96 Billion | +26.02% |
| 2015-12-31 | CN¥3.14 Billion | +12.45% |
| 2014-12-31 | CN¥2.79 Billion | +36.21% |
| 2013-12-31 | CN¥2.05 Billion | +4.48% |
| 2012-12-31 | CN¥1.96 Billion | -21.26% |
| 2011-12-31 | CN¥2.49 Billion | +0.35% |
| 2010-12-31 | CN¥2.48 Billion | +570.18% |
| 2009-12-31 | CN¥370.54 Million | +45.64% |
| 2008-12-31 | CN¥254.41 Million | +642.97% |
| 2007-12-31 | CN¥34.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Risen 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 1651.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥452.36 Million | 3.93% |
| Common Stock | CN¥1.14 Billion | 9.92% |
| Other Comprehensive Income | CN¥395.78 Million | 3.44% |
| Other Components | CN¥9.51 Billion | 82.71% |
| Total Equity | CN¥11.50 Billion | 100.00% |
Risen Energy Competitors by Market Cap
The table below lists competitors of Risen Energy ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Callaway Golf Company
NYSE:CALY
|
$2.05 Billion |
|
FangDa Carbon New Material Co Ltd
SHG:600516
|
$2.05 Billion |
|
G-bits Network Technology Xiamen Co Ltd
SHG:603444
|
$2.05 Billion |
|
Luoyang Xinqianglian Slewing Bearin
SHE:300850
|
$2.05 Billion |
|
Perdoceo Education Corp
NASDAQ:PRDO
|
$2.05 Billion |
|
Lakala Payment Co Ltd
SHE:300773
|
$2.05 Billion |
|
CSG Systems International Inc
NASDAQ:CSGS
|
$2.05 Billion |
|
Topgolf Callaway Brands Corp.
NYSE:MODG
|
$2.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Risen Energy's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,208,422,344 to 11,497,053,000, a change of -3,711,369,344 (-24.4%).
- Net loss of 3,435,865,546 reduced equity.
- Dividend payments of 769,303,000 reduced retained earnings.
- Other comprehensive income increased equity by 395,776,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-3.44 Billion | -29.88% |
| Dividends Paid | CN¥769.30 Million | -6.69% |
| Other Comprehensive Income | CN¥395.78 Million | +3.44% |
| Other Changes | CN¥98.02 Million | +0.85% |
| Total Change | CN¥- | -24.40% |
Book Value vs Market Value Analysis
This analysis compares Risen 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: 1.83x
- 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 192.39x to 1.83x 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¥0.10 | CN¥18.66 | x |
| 2008-12-31 | CN¥0.68 | CN¥18.66 | x |
| 2009-12-31 | CN¥0.89 | CN¥18.66 | x |
| 2010-12-31 | CN¥5.36 | CN¥18.66 | x |
| 2011-12-31 | CN¥4.52 | CN¥18.66 | x |
| 2012-12-31 | CN¥3.47 | CN¥18.66 | x |
| 2013-12-31 | CN¥3.59 | CN¥18.66 | x |
| 2014-12-31 | CN¥4.56 | CN¥18.66 | x |
| 2015-12-31 | CN¥4.59 | CN¥18.66 | x |
| 2016-12-31 | CN¥5.62 | CN¥18.66 | x |
| 2017-12-31 | CN¥8.86 | CN¥18.66 | x |
| 2018-12-31 | CN¥8.31 | CN¥18.66 | x |
| 2019-12-31 | CN¥9.40 | CN¥18.66 | x |
| 2020-12-31 | CN¥9.72 | CN¥18.66 | x |
| 2021-12-31 | CN¥9.51 | CN¥18.66 | x |
| 2022-12-31 | CN¥10.51 | CN¥18.66 | x |
| 2023-12-31 | CN¥13.61 | CN¥18.66 | x |
| 2024-12-31 | CN¥10.17 | CN¥18.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Risen 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): -29.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.98%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 3.75x
- Recent ROE (-29.88%) is below the historical average (8.70%), 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 | 59.93% | 7.37% | 1.61x | 5.05x | CN¥17.10 Million |
| 2008 | 27.58% | 7.87% | 1.70x | 2.06x | CN¥44.73 Million |
| 2009 | 31.34% | 13.80% | 0.99x | 2.30x | CN¥79.07 Million |
| 2010 | 11.08% | 11.59% | 0.74x | 1.29x | CN¥26.80 Million |
| 2011 | 2.21% | 2.57% | 0.50x | 1.71x | CN¥-190.76 Million |
| 2012 | -24.82% | -47.61% | 0.25x | 2.08x | CN¥-674.53 Million |
| 2013 | 3.76% | 3.50% | 0.53x | 2.04x | CN¥-125.39 Million |
| 2014 | 2.49% | 2.27% | 0.50x | 2.18x | CN¥-202.21 Million |
| 2015 | 10.67% | 6.13% | 0.62x | 2.81x | CN¥20.11 Million |
| 2016 | 18.16% | 9.82% | 0.70x | 2.63x | CN¥309.60 Million |
| 2017 | 8.69% | 5.67% | 0.69x | 2.21x | CN¥-98.00 Million |
| 2018 | 3.13% | 2.38% | 0.52x | 2.53x | CN¥-510.74 Million |
| 2019 | 11.80% | 6.76% | 0.56x | 3.10x | CN¥148.81 Million |
| 2020 | 1.96% | 1.03% | 0.56x | 3.43x | CN¥-678.96 Million |
| 2021 | -0.50% | -0.22% | 0.64x | 3.49x | CN¥-890.28 Million |
| 2022 | 9.98% | 3.18% | 0.77x | 4.08x | CN¥-2.19 Million |
| 2023 | 8.96% | 3.86% | 0.65x | 3.57x | CN¥-157.56 Million |
| 2024 | -29.88% | -16.98% | 0.47x | 3.75x | CN¥-4.59 Billion |
Industry Comparison
This section compares Risen Energy's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $4,795,333,529
- Average return on equity (ROE) among peers: 4.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Risen Energy (300118) | CN¥10.50 Billion | 59.93% | 2.43x | $2.05 Billion |
| Shenzhen Topraysolar Co Ltd (002218) | $704.57 Million | 4.73% | 0.28x | $670.55 Million |
| JA Solar Technology Co Ltd (002459) | $30.16 Billion | 18.35% | 1.40x | $2.78 Billion |
| GCL System Integration Technology Co Ltd (002506) | $4.29 Billion | 1.05% | 3.39x | $2.32 Billion |
| Changzhou Almaden Co Ltd (002623) | $40.18 Million | 14.90% | 1.71x | $313.43 Million |
| Hainan Drinda Automotive Trim Co Ltd (002865) | $503.78 Million | 9.15% | 1.26x | $2.32 Billion |
| Henan Yicheng New Energy Co Ltd (300080) | $3.27 Billion | 0.58% | 0.91x | $1.28 Billion |
| Gansu Golden Glass Technologies Co Ltd (300093) | $507.06 Million | -25.83% | 0.95x | $512.56 Million |
| Lingda Group Co Ltd (300125) | $1.03 Billion | 6.42% | 0.30x | $258.47 Million |
| Jolywood Suzhou Sunwatt Co Ltd (300393) | $2.65 Billion | 9.75% | 1.34x | $1.13 Billion |