Huaneng Lancang River Hydropower Inc Class A

SHG:600025 China Utilities - Renewable
Market Cap
$26.64 Billion
CN¥195.44 Billion CNY
Market Cap Rank
#2961 Global
#217 in China
Share Price
CN¥10.49
Change (1 day)
-0.85%
52-Week Range
CN¥8.78 - CN¥10.58
All Time High
CN¥12.25
About

Huaneng Lancang River Hydropower Inc. engages in the development, construction, operation, and management of hydropower and new energy power generation projects. It is also involved in the solar energy and wind power generation; and production and supply of heat. The company was founded in 2001 and is based in Kunming, China. Huaneng Lancang River Hydropower Inc. operates as a subsidiary of China… Read more

Huaneng Lancang River Hydropower Inc Class A (600025) - Net Assets

Latest net assets as of September 2025: CN¥87.18 Billion CNY

Based on the latest financial reports, Huaneng Lancang River Hydropower Inc Class A (600025) has net assets worth CN¥87.18 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¥225.18 Billion) and total liabilities (CN¥137.99 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¥87.18 Billion
% of Total Assets 38.72%
Annual Growth Rate 16.91%
5-Year Change 24.65%
10-Year Change 129.22%
Growth Volatility 10.84

Huaneng Lancang River Hydropower Inc Class A - Net Assets Trend (2002–2024)

This chart illustrates how Huaneng Lancang River Hydropower Inc Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Huaneng Lancang River Hydropower Inc Class A (2002–2024)

The table below shows the annual net assets of Huaneng Lancang River Hydropower Inc Class A from 2002 to 2024.

Year Net Assets Change
2024-12-31 CN¥79.17 Billion +11.94%
2023-12-31 CN¥70.72 Billion +1.33%
2022-12-31 CN¥69.80 Billion +5.39%
2021-12-31 CN¥66.23 Billion +4.27%
2020-12-31 CN¥63.51 Billion +11.91%
2019-12-31 CN¥56.75 Billion +23.97%
2018-12-31 CN¥45.78 Billion +11.65%
2017-12-31 CN¥41.00 Billion +16.19%
2016-12-31 CN¥35.29 Billion +2.17%
2015-12-31 CN¥34.54 Billion +15.33%
2014-12-31 CN¥29.95 Billion +4.22%
2013-12-31 CN¥28.73 Billion +28.80%
2012-12-31 CN¥22.31 Billion +10.49%
2011-12-31 CN¥20.19 Billion +25.31%
2010-12-31 CN¥16.11 Billion +20.77%
2009-12-31 CN¥13.34 Billion +16.13%
2008-12-31 CN¥11.49 Billion +29.94%
2007-12-31 CN¥8.84 Billion +35.68%
2006-12-31 CN¥6.52 Billion +32.47%
2005-12-31 CN¥4.92 Billion +38.84%
2004-12-31 CN¥3.54 Billion +21.84%
2003-12-31 CN¥2.91 Billion +14.26%
2002-12-31 CN¥2.55 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Huaneng Lancang River Hydropower Inc Class A'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 1878505.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥22.13 Billion 30.07%
Common Stock CN¥18.00 Billion 24.46%
Other Components CN¥33.47 Billion 45.48%
Total Equity CN¥73.60 Billion 100.00%

Huaneng Lancang River Hydropower Inc Class A Competitors by Market Cap

The table below lists competitors of Huaneng Lancang River Hydropower Inc Class A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Huaneng Lancang River Hydropower Inc Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 67,329,060,268 to 73,601,150,226, a change of 6,272,089,958 (9.3%).
  • Net income of 8,297,029,000 contributed positively to equity growth.
  • Dividend payments of 7,089,166,929 reduced retained earnings.
  • Other factors increased equity by 5,064,227,887.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥8.30 Billion +11.27%
Dividends Paid CN¥7.09 Billion -9.63%
Other Changes CN¥5.06 Billion +6.88%
Total Change CN¥- 9.32%

Book Value vs Market Value Analysis

This analysis compares Huaneng Lancang River Hydropower Inc Class A'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: 2.69x
  • 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 66.37x to 2.69x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 CN¥0.16 CN¥10.49 x
2003-12-31 CN¥0.18 CN¥10.49 x
2004-12-31 CN¥0.22 CN¥10.49 x
2005-12-31 CN¥0.31 CN¥10.49 x
2006-12-31 CN¥0.40 CN¥10.49 x
2007-12-31 CN¥0.53 CN¥10.49 x
2008-12-31 CN¥0.70 CN¥10.49 x
2009-12-31 CN¥0.81 CN¥10.49 x
2010-12-31 CN¥0.98 CN¥10.49 x
2011-12-31 CN¥1.22 CN¥10.49 x
2012-12-31 CN¥1.34 CN¥10.49 x
2013-12-31 CN¥1.74 CN¥10.49 x
2014-12-31 CN¥1.88 CN¥10.49 x
2015-12-31 CN¥2.02 CN¥10.49 x
2016-12-31 CN¥1.99 CN¥10.49 x
2017-12-31 CN¥2.52 CN¥10.49 x
2018-12-31 CN¥2.44 CN¥10.49 x
2019-12-31 CN¥3.06 CN¥10.49 x
2020-12-31 CN¥3.42 CN¥10.49 x
2021-12-31 CN¥3.58 CN¥10.49 x
2022-12-31 CN¥3.76 CN¥10.49 x
2023-12-31 CN¥3.53 CN¥10.49 x
2024-12-31 CN¥3.90 CN¥10.49 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Huaneng Lancang River Hydropower Inc Class A 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): 11.27%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 33.35%
  • • Asset Turnover: 0.12x
  • • Equity Multiplier: 2.92x
  • Recent ROE (11.27%) is above the historical average (7.90%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 7.11% 26.41% 0.13x 2.14x CN¥-73.46 Million
2003 6.56% 28.72% 0.09x 2.54x CN¥-99.95 Million
2004 4.79% 23.56% 0.06x 3.19x CN¥-184.41 Million
2005 4.79% 27.57% 0.05x 3.47x CN¥-255.81 Million
2006 2.76% 24.91% 0.03x 3.78x CN¥-467.09 Million
2007 2.85% 22.45% 0.03x 4.16x CN¥-615.97 Million
2008 3.87% 17.14% 0.05x 4.35x CN¥-688.01 Million
2009 4.14% 12.92% 0.07x 4.61x CN¥-761.21 Million
2010 10.62% 21.21% 0.11x 4.63x CN¥97.69 Million
2011 9.05% 20.07% 0.09x 4.78x CN¥-187.79 Million
2012 9.28% 19.52% 0.09x 5.22x CN¥-156.26 Million
2013 12.67% 24.18% 0.11x 4.99x CN¥746.18 Million
2014 15.93% 29.15% 0.10x 5.29x CN¥1.69 Billion
2015 6.92% 17.63% 0.08x 4.74x CN¥-1.02 Billion
2016 1.51% 4.40% 0.07x 4.82x CN¥-2.86 Billion
2017 5.55% 17.04% 0.08x 4.26x CN¥-1.75 Billion
2018 13.11% 37.40% 0.09x 3.80x CN¥1.38 Billion
2019 10.08% 26.66% 0.12x 3.04x CN¥44.30 Million
2020 7.85% 25.11% 0.12x 2.67x CN¥-1.33 Billion
2021 9.07% 28.90% 0.13x 2.50x CN¥-598.81 Million
2022 10.68% 30.68% 0.14x 2.40x CN¥460.00 Million
2023 11.34% 32.56% 0.12x 2.90x CN¥905.17 Million
2024 11.27% 33.35% 0.12x 2.92x CN¥936.91 Million

Industry Comparison

This section compares Huaneng Lancang River Hydropower Inc Class A'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
Huaneng Lancang River Hydropower Inc Class A (600025) CN¥87.18 Billion 7.11% 1.58x $4.56 Billion
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