State Grid Information&Communication Co Ltd (600131) - Net Assets
Based on the latest financial reports, State Grid Information&Communication Co Ltd (600131) has net assets worth CN¥6.67 Billion CNY (≈ $975.85 Million 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¥13.21 Billion ≈ $1.93 Billion USD) and total liabilities (CN¥6.54 Billion ≈ $957.31 Million 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 State Grid Information&Communication Co (600131) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.67 Billion |
| % of Total Assets | 50.48% |
| Annual Growth Rate | 18.99% |
| 5-Year Change | 301.12% |
| 10-Year Change | 1890.08% |
| Growth Volatility | 46.87 |
State Grid Information&Communication Co Ltd - Net Assets Trend (1995–2025)
This chart illustrates how State Grid Information&Communication Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is State Grid Information&Communication Co worth.
Annual Net Assets for State Grid Information&Communication Co Ltd (1995–2025)
The table below shows the annual net assets of State Grid Information&Communication Co Ltd from 1995 to 2025. Also explore 600131 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥20.59 Billion ≈ $3.01 Billion |
+203.30% |
| 2024-12-31 | CN¥6.79 Billion ≈ $993.26 Million |
+7.20% |
| 2023-12-31 | CN¥6.33 Billion ≈ $926.55 Million |
+10.41% |
| 2022-12-31 | CN¥5.73 Billion ≈ $839.16 Million |
+11.73% |
| 2021-12-31 | CN¥5.13 Billion ≈ $751.04 Million |
+10.60% |
| 2020-12-31 | CN¥4.64 Billion ≈ $679.07 Million |
+69.52% |
| 2019-12-31 | CN¥2.74 Billion ≈ $400.59 Million |
+123.50% |
| 2018-12-31 | CN¥1.22 Billion ≈ $179.24 Million |
+7.16% |
| 2017-12-31 | CN¥1.14 Billion ≈ $167.26 Million |
+10.49% |
| 2016-12-31 | CN¥1.03 Billion ≈ $151.38 Million |
+14.79% |
| 2015-12-31 | CN¥901.21 Million ≈ $131.88 Million |
+12.28% |
| 2014-12-31 | CN¥802.65 Million ≈ $117.45 Million |
+23.33% |
| 2013-12-31 | CN¥650.82 Million ≈ $95.24 Million |
-22.78% |
| 2012-12-31 | CN¥842.86 Million ≈ $123.34 Million |
+8.58% |
| 2011-12-31 | CN¥776.28 Million ≈ $113.59 Million |
+19.67% |
| 2010-12-31 | CN¥648.68 Million ≈ $94.92 Million |
+25.96% |
| 2009-12-31 | CN¥514.97 Million ≈ $75.36 Million |
-8.81% |
| 2008-12-31 | CN¥564.74 Million ≈ $82.64 Million |
-40.44% |
| 2007-12-31 | CN¥948.25 Million ≈ $138.76 Million |
+16.54% |
| 2006-12-31 | CN¥813.65 Million ≈ $119.06 Million |
+11.06% |
| 2005-12-31 | CN¥732.64 Million ≈ $107.21 Million |
+10.54% |
| 2004-12-31 | CN¥662.76 Million ≈ $96.98 Million |
+2.86% |
| 2003-12-31 | CN¥644.31 Million ≈ $94.28 Million |
-2.47% |
| 2002-12-31 | CN¥660.64 Million ≈ $96.67 Million |
+4.24% |
| 2001-12-31 | CN¥633.74 Million ≈ $92.74 Million |
+44.58% |
| 2000-12-31 | CN¥438.34 Million ≈ $64.14 Million |
+7.36% |
| 1999-12-31 | CN¥408.29 Million ≈ $59.75 Million |
+8.86% |
| 1998-12-31 | CN¥375.05 Million ≈ $54.88 Million |
+122.25% |
| 1997-12-31 | CN¥168.75 Million ≈ $24.69 Million |
+31.52% |
| 1996-12-31 | CN¥128.31 Million ≈ $18.78 Million |
+14.88% |
| 1995-12-31 | CN¥111.69 Million ≈ $16.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to State Grid Information&Communication 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 489005656656.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.89 Billion | 76.26% |
| Other Comprehensive Income | CN¥6.24 Billion | 97.32% |
| Total Equity | CN¥6.41 Billion | 100.00% |
State Grid Information&Communication Co Ltd Competitors by Market Cap
The table below lists competitors of State Grid Information&Communication Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hubei Xinyangfeng Fertilizer Co Ltd
SHE:000902
|
$2.53 Billion |
|
Dorma Kaba Holding AG
SW:DOKA
|
$2.53 Billion |
|
Anyuan Coal Industry Group Co Ltd
SHG:600397
|
$2.53 Billion |
|
Urban Edge Properties
NYSE:UE
|
$2.53 Billion |
|
Megacable Holdings S. A. B. de C. V
MX:MEGACPO
|
$2.53 Billion |
|
Tibet Huayu Mining Co Ltd
SHG:601020
|
$2.53 Billion |
|
C Sun Manufacturing Ltd
TW:2467
|
$2.53 Billion |
|
Home Product Center Public Company Limited
BK:HMPRO
|
$2.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in State Grid Information&Communication Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,787,706,431 to 6,412,008,000, a change of -375,698,431 (-5.5%).
- Net income of 619,395,700 contributed positively to equity growth.
- Dividend payments of 297,984,551 reduced retained earnings.
- Other comprehensive income increased equity by 6,240,115,000.
- Other factors decreased equity by 6,937,224,580.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥619.40 Million | +9.66% |
| Dividends Paid | CN¥297.98 Million | -4.65% |
| Other Comprehensive Income | CN¥6.24 Billion | +97.32% |
| Other Changes | CN¥-6.94 Billion | -108.19% |
| Total Change | CN¥- | -5.53% |
Book Value vs Market Value Analysis
This analysis compares State Grid Information&Communication 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: 2.49x
- 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 60.19x to 2.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.24 | CN¥14.45 | x |
| 1996-12-31 | CN¥0.28 | CN¥14.45 | x |
| 1997-12-31 | CN¥0.36 | CN¥14.45 | x |
| 1998-12-31 | CN¥0.81 | CN¥14.45 | x |
| 1999-12-31 | CN¥0.88 | CN¥14.45 | x |
| 2000-12-31 | CN¥0.88 | CN¥14.45 | x |
| 2001-12-31 | CN¥1.28 | CN¥14.45 | x |
| 2002-12-31 | CN¥1.33 | CN¥14.45 | x |
| 2003-12-31 | CN¥1.38 | CN¥14.45 | x |
| 2004-12-31 | CN¥1.42 | CN¥14.45 | x |
| 2005-12-31 | CN¥1.57 | CN¥14.45 | x |
| 2006-12-31 | CN¥1.63 | CN¥14.45 | x |
| 2007-12-31 | CN¥1.86 | CN¥14.45 | x |
| 2008-12-31 | CN¥1.10 | CN¥14.45 | x |
| 2009-12-31 | CN¥0.96 | CN¥14.45 | x |
| 2010-12-31 | CN¥1.24 | CN¥14.45 | x |
| 2011-12-31 | CN¥1.50 | CN¥14.45 | x |
| 2012-12-31 | CN¥1.66 | CN¥14.45 | x |
| 2013-12-31 | CN¥1.28 | CN¥14.45 | x |
| 2014-12-31 | CN¥1.60 | CN¥14.45 | x |
| 2015-12-31 | CN¥1.79 | CN¥14.45 | x |
| 2016-12-31 | CN¥2.10 | CN¥14.45 | x |
| 2017-12-31 | CN¥2.30 | CN¥14.45 | x |
| 2018-12-31 | CN¥1.10 | CN¥14.45 | x |
| 2019-12-31 | CN¥2.47 | CN¥14.45 | x |
| 2020-12-31 | CN¥3.98 | CN¥14.45 | x |
| 2021-12-31 | CN¥4.32 | CN¥14.45 | x |
| 2022-12-31 | CN¥4.80 | CN¥14.45 | x |
| 2023-12-31 | CN¥5.27 | CN¥14.45 | x |
| 2024-12-31 | CN¥5.67 | CN¥14.45 | x |
| 2025-12-31 | CN¥5.80 | CN¥14.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently State Grid Information&Communication 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): 9.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.83%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 2.21x
- Recent ROE (9.66%) is above the historical average (9.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 24.85% | 41.71% | 0.33x | 1.82x | CN¥16.59 Million |
| 1996 | 31.95% | 47.52% | 0.33x | 2.06x | CN¥28.17 Million |
| 1997 | 23.50% | 48.55% | 0.23x | 2.07x | CN¥22.77 Million |
| 1998 | 10.37% | 42.19% | 0.16x | 1.57x | CN¥1.40 Million |
| 1999 | 10.65% | 42.80% | 0.13x | 1.99x | CN¥2.64 Million |
| 2000 | 7.38% | 28.43% | 0.09x | 2.96x | CN¥-10.78 Million |
| 2001 | 4.59% | 19.14% | 0.10x | 2.45x | CN¥-32.19 Million |
| 2002 | 7.73% | 13.93% | 0.20x | 2.72x | CN¥-14.02 Million |
| 2003 | 4.20% | 10.03% | 0.18x | 2.39x | CN¥-37.40 Million |
| 2004 | 2.51% | 4.29% | 0.22x | 2.67x | CN¥-49.63 Million |
| 2005 | 6.74% | 7.81% | 0.32x | 2.71x | CN¥-23.87 Million |
| 2006 | 12.25% | 13.78% | 0.39x | 2.28x | CN¥18.28 Million |
| 2007 | 13.99% | 16.71% | 0.35x | 2.39x | CN¥37.43 Million |
| 2008 | -54.74% | -72.71% | 0.23x | 3.30x | CN¥-358.75 Million |
| 2009 | -11.47% | -15.16% | 0.21x | 3.55x | CN¥-108.25 Million |
| 2010 | 22.49% | 26.63% | 0.24x | 3.47x | CN¥79.72 Million |
| 2011 | 16.72% | 19.20% | 0.27x | 3.21x | CN¥51.49 Million |
| 2012 | 8.44% | 8.77% | 0.33x | 2.88x | CN¥-13.04 Million |
| 2013 | -24.96% | -21.00% | 0.33x | 3.58x | CN¥-227.02 Million |
| 2014 | 19.38% | 18.82% | 0.36x | 2.83x | CN¥75.58 Million |
| 2015 | 13.96% | 13.53% | 0.39x | 2.63x | CN¥35.95 Million |
| 2016 | 15.69% | 14.53% | 0.47x | 2.27x | CN¥59.50 Million |
| 2017 | 6.95% | 9.74% | 0.35x | 2.07x | CN¥-35.05 Million |
| 2018 | 33.52% | 6.23% | 2.73x | 1.97x | CN¥286.54 Million |
| 2019 | 17.79% | 6.27% | 0.87x | 3.25x | CN¥213.28 Million |
| 2020 | 13.08% | 8.66% | 0.64x | 2.38x | CN¥142.86 Million |
| 2021 | 13.19% | 9.07% | 0.66x | 2.22x | CN¥163.91 Million |
| 2022 | 13.97% | 10.52% | 0.63x | 2.10x | CN¥227.38 Million |
| 2023 | 13.08% | 10.79% | 0.57x | 2.14x | CN¥195.13 Million |
| 2024 | 10.05% | 9.33% | 0.57x | 1.90x | CN¥3.70 Million |
| 2025 | 9.66% | 5.83% | 0.75x | 2.21x | CN¥-21.81 Million |
Industry Comparison
This section compares State Grid Information&Communication Co Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $7,137,818,069
- Average return on equity (ROE) among peers: 5.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| State Grid Information&Communication Co Ltd (600131) | CN¥6.67 Billion | 24.85% | 0.98x | $2.53 Billion |
| Tunghsu Azure Renewable Energy Co Ltd (000040) | $985.64 Million | 14.21% | 0.92x | $106.61 Million |
| Tianjin Guangyu Development Co Ltd (000537) | $13.61 Billion | 23.09% | 4.14x | $2.27 Billion |
| Guangdong Electric Power Development Co Ltd (000539) | $41.46 Billion | 1.45% | 3.49x | $3.37 Billion |
| CECEP Solar Energy Co Ltd (000591) | $88.26 Million | 15.23% | 2.06x | $2.45 Billion |
| GEPIC Energy Development Co Ltd (000791) | $7.49 Billion | 5.90% | 1.54x | $3.42 Billion |
| Tieling Newcity Investment Holding Ltd (000809) | $3.10 Billion | 3.26% | 0.92x | $416.39 Million |
| Hubei Energy Group Co Ltd (000883) | $848.33 Million | 1.93% | 1.41x | $4.18 Billion |
| Fujian MinDong Electric Power Co Ltd (000993) | $1.40 Billion | -6.83% | 0.84x | $1.40 Billion |
| Shenzhen Feima International Supply Chain Co Ltd (002210) | $438.79 Million | 3.96% | 5.62x | $841.15 Million |
| Shenzhen Sunrise New Energy Co Ltd (002256) | $1.94 Billion | -10.48% | 0.59x | $948.27 Million |
About State Grid Information&Communication Co Ltd
State Grid Information & Communication Co., Ltd. operates in software and information technology services industry in China. The company offers lifecycle solutions, such as preliminary consulting, design refinement, project management and implementation, and system integration; integrated communication products, network planning, construction, operation and maintenance, and operation services; po… Read more