Huaneng Lancang River Hydropower Inc Class A (600025) - Net Assets
Based on the latest financial reports, Huaneng Lancang River Hydropower Inc Class A (600025) has net assets worth CN¥91.50 Billion CNY (≈ $13.39 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥228.97 Billion ≈ $33.51 Billion USD) and total liabilities (CN¥137.47 Billion ≈ $20.12 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 tangible equity quality of Huaneng Lancang River Hydropower Inc Cla to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥91.50 Billion |
| % of Total Assets | 39.96% |
| Annual Growth Rate | 16.66% |
| 5-Year Change | 33.05% |
| 10-Year Change | 149.7% |
| Growth Volatility | 10.67 |
Huaneng Lancang River Hydropower Inc Class A - Net Assets Trend (2002–2025)
This chart illustrates how Huaneng Lancang River Hydropower Inc Class A's net assets have evolved over time, based on quarterly financial data. See how many days can Huaneng Lancang River Hydropower Inc Cla fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Huaneng Lancang River Hydropower Inc Class A (2002–2025)
The table below shows the annual net assets of Huaneng Lancang River Hydropower Inc Class A from 2002 to 2025. For live valuation and market cap data, see market cap of Huaneng Lancang River Hydropower Inc Cla.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥88.11 Billion ≈ $12.89 Billion |
+11.30% |
| 2024-12-31 | CN¥79.17 Billion ≈ $11.58 Billion |
+11.94% |
| 2023-12-31 | CN¥70.72 Billion ≈ $10.35 Billion |
+1.33% |
| 2022-12-31 | CN¥69.80 Billion ≈ $10.21 Billion |
+5.39% |
| 2021-12-31 | CN¥66.23 Billion ≈ $9.69 Billion |
+4.27% |
| 2020-12-31 | CN¥63.51 Billion ≈ $9.29 Billion |
+11.91% |
| 2019-12-31 | CN¥56.75 Billion ≈ $8.30 Billion |
+23.97% |
| 2018-12-31 | CN¥45.78 Billion ≈ $6.70 Billion |
+11.65% |
| 2017-12-31 | CN¥41.00 Billion ≈ $6.00 Billion |
+16.19% |
| 2016-12-31 | CN¥35.29 Billion ≈ $5.16 Billion |
+2.17% |
| 2015-12-31 | CN¥34.54 Billion ≈ $5.05 Billion |
+15.33% |
| 2014-12-31 | CN¥29.95 Billion ≈ $4.38 Billion |
+4.22% |
| 2013-12-31 | CN¥28.73 Billion ≈ $4.20 Billion |
+28.80% |
| 2012-12-31 | CN¥22.31 Billion ≈ $3.26 Billion |
+10.49% |
| 2011-12-31 | CN¥20.19 Billion ≈ $2.95 Billion |
+25.31% |
| 2010-12-31 | CN¥16.11 Billion ≈ $2.36 Billion |
+20.77% |
| 2009-12-31 | CN¥13.34 Billion ≈ $1.95 Billion |
+16.13% |
| 2008-12-31 | CN¥11.49 Billion ≈ $1.68 Billion |
+29.94% |
| 2007-12-31 | CN¥8.84 Billion ≈ $1.29 Billion |
+35.68% |
| 2006-12-31 | CN¥6.52 Billion ≈ $953.57 Million |
+32.47% |
| 2005-12-31 | CN¥4.92 Billion ≈ $719.82 Million |
+38.84% |
| 2004-12-31 | CN¥3.54 Billion ≈ $518.45 Million |
+21.84% |
| 2003-12-31 | CN¥2.91 Billion ≈ $425.53 Million |
+14.26% |
| 2002-12-31 | CN¥2.55 Billion ≈ $372.42 Million |
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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 2196418.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥25.88 Billion | 31.57% |
| Other Components | CN¥56.08 Billion | 68.43% |
| Total Equity | CN¥81.96 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.
| Company | Market Cap |
|---|---|
|
COSCO SHIPPING Holdings Co Ltd
SHG:601919
|
$25.36 Billion |
|
Veolia Environnement VE SA
PA:VIE
|
$25.36 Billion |
|
ORSTED UNSP.ADR 1/3 DK 10
F:D2G1
|
$25.36 Billion |
|
Sika AG
SW:SIKA
|
$25.37 Billion |
|
adidas AG
F:ADS
|
$25.34 Billion |
|
KONE Oyj
HE:KNEBV
|
$25.34 Billion |
|
W. R. Berkley Corp
NYSE:WRB
|
$25.34 Billion |
|
STMicroelectronics N.V
XETRA:SGM
|
$25.33 Billion |
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 2024 to 2025, total equity changed from 73,601,150,226 to 81,959,909,490, a change of 8,358,759,264 (11.4%).
- Net income of 8,504,138,222 contributed positively to equity growth.
- Dividend payments of 6,982,152,521 reduced retained earnings.
- Other factors increased equity by 6,836,773,563.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥8.50 Billion | +10.38% |
| Dividends Paid | CN¥6.98 Billion | -8.52% |
| Other Changes | CN¥6.84 Billion | +8.34% |
| Total Change | CN¥- | 11.36% |
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: 2.11x
- 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 58.84x to 2.11x 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¥9.30 | x |
| 2003-12-31 | CN¥0.18 | CN¥9.30 | x |
| 2004-12-31 | CN¥0.22 | CN¥9.30 | x |
| 2005-12-31 | CN¥0.31 | CN¥9.30 | x |
| 2006-12-31 | CN¥0.40 | CN¥9.30 | x |
| 2007-12-31 | CN¥0.53 | CN¥9.30 | x |
| 2008-12-31 | CN¥0.70 | CN¥9.30 | x |
| 2009-12-31 | CN¥0.81 | CN¥9.30 | x |
| 2010-12-31 | CN¥0.98 | CN¥9.30 | x |
| 2011-12-31 | CN¥1.22 | CN¥9.30 | x |
| 2012-12-31 | CN¥1.34 | CN¥9.30 | x |
| 2013-12-31 | CN¥1.74 | CN¥9.30 | x |
| 2014-12-31 | CN¥1.88 | CN¥9.30 | x |
| 2015-12-31 | CN¥2.02 | CN¥9.30 | x |
| 2016-12-31 | CN¥1.99 | CN¥9.30 | x |
| 2017-12-31 | CN¥2.52 | CN¥9.30 | x |
| 2018-12-31 | CN¥2.44 | CN¥9.30 | x |
| 2019-12-31 | CN¥3.06 | CN¥9.30 | x |
| 2020-12-31 | CN¥3.42 | CN¥9.30 | x |
| 2021-12-31 | CN¥3.58 | CN¥9.30 | x |
| 2022-12-31 | CN¥3.76 | CN¥9.30 | x |
| 2023-12-31 | CN¥3.53 | CN¥9.30 | x |
| 2024-12-31 | CN¥3.90 | CN¥9.30 | x |
| 2025-12-31 | CN¥4.40 | CN¥9.30 | 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): 10.38%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.98%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.77x
- Recent ROE (10.38%) is above the historical average (8.01%), 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 |
| 2025 | 10.38% | 31.98% | 0.12x | 2.77x | CN¥308.15 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: $3,510,924,935
- Average return on equity (ROE) among peers: 6.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huaneng Lancang River Hydropower Inc Class A (600025) | CN¥91.50 Billion | 7.11% | 1.50x | $25.35 Billion |
| Tunghsu Azure Renewable Energy Co Ltd (000040) | $1.04 Billion | 6.21% | 1.76x | $106.61 Million |
| Tianjin Guangyu Development Co Ltd (000537) | $295.86 Million | 10.16% | 0.66x | $2.45 Billion |
| Guangdong Electric Power Development Co Ltd (000539) | $5.38 Billion | 11.18% | 0.27x | $4.82 Billion |
| CECEP Solar Energy Co Ltd (000591) | $11.52 Billion | 5.67% | 1.58x | $2.74 Billion |
| GEPIC Energy Development Co Ltd (000791) | $74.29 Million | 34.35% | 0.84x | $4.08 Billion |
| Tieling Newcity Investment Holding Ltd (000809) | $229.71 Million | 10.36% | 0.84x | $444.15 Million |
| Hubei Energy Group Co Ltd (000883) | $13.60 Billion | 4.92% | 1.36x | $4.40 Billion |
| Fujian MinDong Electric Power Co Ltd (000993) | $1.64 Billion | 3.43% | 1.19x | $729.10 Million |
| Shenzhen Feima International Supply Chain Co Ltd (002210) | $71.25 Million | 15.09% | 3.68x | $911.25 Million |
| Shenzhen Sunrise New Energy Co Ltd (002256) | $1.25 Billion | -39.99% | 0.68x | $1.17 Billion |
About Huaneng Lancang River Hydropower Inc Class A
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