Shanghai Nenghui Technology Co.Ltd
Shanghai Nenghui Technology Co.,Ltd. engages in research, development, design, system integration, investment, and operation of photovoltaic power stations. The company offers energy storage, micro-grid, including virtual power grids, and other fields; commercial vehicle charging and swapping station equipment; and power generation, etc. It engages in power engineering design, thermal power gener… Read more
Shanghai Nenghui Technology Co.Ltd (301046) - Net Assets
Latest net assets as of June 2025: CN¥842.11 Million CNY
Based on the latest financial reports, Shanghai Nenghui Technology Co.Ltd (301046) has net assets worth CN¥842.11 Million CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.92 Billion) and total liabilities (CN¥1.08 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¥842.11 Million |
| % of Total Assets | 43.91% |
| Annual Growth Rate | 18.55% |
| 5-Year Change | 91.93% |
| 10-Year Change | N/A |
| Growth Volatility | 29.55 |
Shanghai Nenghui Technology Co.Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Shanghai Nenghui Technology 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 Shanghai Nenghui Technology Co.Ltd (2019–2024)
The table below shows the annual net assets of Shanghai Nenghui Technology Co.Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥847.74 Million | +0.91% |
| 2023-12-31 | CN¥840.12 Million | +10.04% |
| 2022-12-31 | CN¥763.47 Million | -2.98% |
| 2021-12-31 | CN¥786.96 Million | +78.17% |
| 2020-12-31 | CN¥441.68 Million | +22.06% |
| 2019-12-31 | CN¥361.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Nenghui Technology 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 142.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥333.34 Million | 39.32% |
| Other Components | CN¥514.39 Million | 60.68% |
| Total Equity | CN¥847.74 Million | 100.00% |
Shanghai Nenghui Technology Co.Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Nenghui Technology Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiyuan Lionhead Cement Co Ltd
SHG:600539
|
$221.90 Million |
|
Eagle Bulk Shipping Inc
NYSE:EGLE
|
$221.96 Million |
|
DocMorris AG
SW:DOCM
|
$222.02 Million |
|
Prenetics Global Ltd
NASDAQ:PRE
|
$222.02 Million |
|
Teraplast Bist
RO:TRP
|
$221.89 Million |
|
ASK AUTOMOTIVE LIMITED
NSE:ASKAUTOLTD
|
$221.89 Million |
|
Cydsa S.A.B. de C.V
MX:CYDSASAA
|
$221.84 Million |
|
XiAn Qujiang Cultural Tourism Co Ltd
SHG:600706
|
$221.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Nenghui Technology Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 841,535,407 to 847,736,131, a change of 6,200,724 (0.7%).
- Net income of 52,541,237 contributed positively to equity growth.
- Dividend payments of 49,051,722 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥52.54 Million | +6.2% |
| Dividends Paid | CN¥49.05 Million | -5.79% |
| Other Changes | CN¥2.71 Million | +0.32% |
| Total Change | CN¥- | 0.74% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Nenghui Technology 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: 4.54x
- 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 7.96x to 4.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥3.23 | CN¥25.70 | x |
| 2020-12-31 | CN¥3.94 | CN¥25.70 | x |
| 2021-12-31 | CN¥5.27 | CN¥25.70 | x |
| 2022-12-31 | CN¥5.11 | CN¥25.70 | x |
| 2023-12-31 | CN¥5.62 | CN¥25.70 | x |
| 2024-12-31 | CN¥5.66 | CN¥25.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Nenghui Technology 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): 6.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.79%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.32x
- Recent ROE (6.20%) is below the historical average (11.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 18.74% | 17.67% | 0.50x | 2.10x | CN¥31.63 Million |
| 2020 | 20.42% | 21.50% | 0.56x | 1.71x | CN¥46.03 Million |
| 2021 | 13.21% | 17.55% | 0.45x | 1.66x | CN¥25.28 Million |
| 2022 | 3.42% | 6.85% | 0.33x | 1.52x | CN¥-50.33 Million |
| 2023 | 6.92% | 9.85% | 0.34x | 2.07x | CN¥-25.96 Million |
| 2024 | 6.20% | 4.79% | 0.56x | 2.32x | CN¥-32.23 Million |
Industry Comparison
This section compares Shanghai Nenghui Technology Co.Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,781,691,745
- Average return on equity (ROE) among peers: 10.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Nenghui Technology Co.Ltd (301046) | CN¥842.11 Million | 18.74% | 1.28x | $221.90 Million |
| Tunghsu Azure Renewable Energy Co Ltd (000040) | $867.90 Million | 2.09% | 1.86x | $58.47 Million |
| Tianjin Guangyu Development Co Ltd (000537) | $277.96 Million | 10.57% | 1.45x | $889.49 Million |
| CECEP Solar Energy Co Ltd (000591) | $162.02 Million | 10.48% | 1.97x | $2.20 Billion |
| GEPIC Energy Development Co Ltd (000791) | $7.49 Billion | 5.90% | 1.54x | $765.93 Million |
| Tieling Newcity Investment Holding Ltd (000809) | $3.45 Billion | 20.56% | 0.64x | $269.10 Million |
| Hubei Energy Group Co Ltd (000883) | $730.62 Million | 9.40% | 0.33x | $1.99 Billion |
| Fujian MinDong Electric Power Co Ltd (000993) | $1.70 Billion | 3.61% | 1.46x | $406.20 Million |
| Xinjiang Lixin Energy Co. Ltd. A (001258) | $2.92 Billion | 1.72% | 4.24x | $377.98 Million |
| Shenzhen Feima International Supply Chain Co Ltd (002210) | $148.08 Million | 3.32% | 6.54x | $718.01 Million |
| Shenzhen Sunrise New Energy Co Ltd (002256) | $65.12 Million | 40.54% | 1.51x | $785.39 Million |