Zhongmin Energy Co Ltd (600163) - Net Assets
Based on the latest financial reports, Zhongmin Energy Co Ltd (600163) has net assets worth CN¥7.14 Billion CNY (≈ $1.04 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.79 Billion ≈ $1.73 Billion USD) and total liabilities (CN¥4.65 Billion ≈ $680.75 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 Zhongmin Energy Co Ltd (600163) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.14 Billion |
| % of Total Assets | 60.54% |
| Annual Growth Rate | 8.01% |
| 5-Year Change | 84.2% |
| 10-Year Change | 348.69% |
| Growth Volatility | 271.84 |
Zhongmin Energy Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Zhongmin Energy Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Zhongmin Energy Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Zhongmin Energy Co Ltd (2000–2024)
The table below shows the annual net assets of Zhongmin Energy Co Ltd from 2000 to 2024. For live valuation and market cap data, see how much is Zhongmin Energy Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.93 Billion ≈ $1.01 Billion |
+7.84% |
| 2023-12-31 | CN¥6.43 Billion ≈ $940.86 Million |
+8.38% |
| 2022-12-31 | CN¥5.93 Billion ≈ $868.08 Million |
+14.76% |
| 2021-12-31 | CN¥5.17 Billion ≈ $756.46 Million |
+37.33% |
| 2020-12-31 | CN¥3.76 Billion ≈ $550.83 Million |
+78.87% |
| 2019-12-31 | CN¥2.10 Billion ≈ $307.95 Million |
+7.76% |
| 2018-12-31 | CN¥1.95 Billion ≈ $285.78 Million |
+7.60% |
| 2017-12-31 | CN¥1.82 Billion ≈ $265.60 Million |
+9.99% |
| 2016-12-31 | CN¥1.65 Billion ≈ $241.48 Million |
+6.79% |
| 2015-12-31 | CN¥1.55 Billion ≈ $226.13 Million |
+1355.87% |
| 2014-12-31 | CN¥106.14 Million ≈ $15.53 Million |
-83.99% |
| 2013-12-31 | CN¥663.00 Million ≈ $97.02 Million |
-53.86% |
| 2012-12-31 | CN¥1.44 Billion ≈ $210.27 Million |
-4.36% |
| 2011-12-31 | CN¥1.50 Billion ≈ $219.86 Million |
-17.73% |
| 2010-12-31 | CN¥1.83 Billion ≈ $267.24 Million |
-3.34% |
| 2009-12-31 | CN¥1.89 Billion ≈ $276.47 Million |
-14.50% |
| 2008-12-31 | CN¥2.21 Billion ≈ $323.37 Million |
+41.85% |
| 2007-12-31 | CN¥1.56 Billion ≈ $227.97 Million |
+31.47% |
| 2006-12-31 | CN¥1.18 Billion ≈ $173.40 Million |
+0.29% |
| 2005-12-31 | CN¥1.18 Billion ≈ $172.89 Million |
+2.75% |
| 2004-12-31 | CN¥1.15 Billion ≈ $168.26 Million |
+0.94% |
| 2003-12-31 | CN¥1.14 Billion ≈ $166.69 Million |
+1.63% |
| 2002-12-31 | CN¥1.12 Billion ≈ $164.02 Million |
-0.92% |
| 2001-12-31 | CN¥1.13 Billion ≈ $165.54 Million |
+3.64% |
| 2000-12-31 | CN¥1.09 Billion ≈ $159.72 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zhongmin Energy 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 1311.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.71 Billion | 25.33% |
| Other Components | CN¥5.06 Billion | 74.67% |
| Total Equity | CN¥6.77 Billion | 100.00% |
Zhongmin Energy Co Ltd Competitors by Market Cap
The table below lists competitors of Zhongmin Energy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fresh Del Monte Produce Inc
NYSE:FDP
|
$1.78 Billion |
|
Enliven Therapeutics Inc.
NASDAQ:ELVN
|
$1.78 Billion |
|
ONESPAWORLD HLDGS DL-0001
F:ORW
|
$1.78 Billion |
|
Alkami Technology Inc
NASDAQ:ALKT
|
$1.78 Billion |
|
MaxLinear Inc
NASDAQ:MXL
|
$1.78 Billion |
|
Jolywood Suzhou Sunwatt Co Ltd
SHE:300393
|
$1.78 Billion |
|
Grand City Properties SA
XETRA:GYC
|
$1.78 Billion |
|
Amylyx Pharmaceuticals Inc
NASDAQ:AMLX
|
$1.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhongmin Energy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,250,363,292 to 6,769,701,330, a change of 519,338,038 (8.3%).
- Net income of 651,146,307 contributed positively to equity growth.
- Dividend payments of 223,621,616 reduced retained earnings.
- Other factors increased equity by 91,813,347.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥651.15 Million | +9.62% |
| Dividends Paid | CN¥223.62 Million | -3.3% |
| Other Changes | CN¥91.81 Million | +1.36% |
| Total Change | CN¥- | 8.31% |
Book Value vs Market Value Analysis
This analysis compares Zhongmin Energy 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: 1.79x
- 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 3.68x to 1.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.73 | CN¥6.38 | x |
| 2018-12-31 | CN¥1.87 | CN¥6.38 | x |
| 2019-12-31 | CN¥2.00 | CN¥6.38 | x |
| 2020-12-31 | CN¥2.14 | CN¥6.38 | x |
| 2021-12-31 | CN¥2.63 | CN¥6.38 | x |
| 2022-12-31 | CN¥3.02 | CN¥6.38 | x |
| 2023-12-31 | CN¥3.28 | CN¥6.38 | x |
| 2024-12-31 | CN¥3.56 | CN¥6.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhongmin Energy 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): 9.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.40%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.73x
- Recent ROE (9.62%) is above the historical average (5.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.34% | 7.25% | 0.38x | 2.27x | CN¥-40.00 Million |
| 2001 | 7.34% | 7.76% | 0.41x | 2.31x | CN¥-30.03 Million |
| 2002 | 6.19% | 5.56% | 0.48x | 2.32x | CN¥-42.50 Million |
| 2003 | 0.36% | 0.30% | 0.49x | 2.50x | CN¥-107.90 Million |
| 2004 | 1.01% | 0.76% | 0.57x | 2.35x | CN¥-101.66 Million |
| 2005 | 1.01% | 0.73% | 0.58x | 2.39x | CN¥-102.74 Million |
| 2006 | 1.02% | 0.78% | 0.53x | 2.46x | CN¥-102.90 Million |
| 2007 | 1.15% | 1.21% | 0.44x | 2.20x | CN¥-134.26 Million |
| 2008 | 0.16% | 0.25% | 0.40x | 1.67x | CN¥-213.62 Million |
| 2010 | 0.61% | 0.48% | 0.48x | 2.64x | CN¥-166.82 Million |
| 2012 | 1.58% | 1.55% | 0.41x | 2.50x | CN¥-120.50 Million |
| 2015 | 0.39% | 0.85% | 0.23x | 2.02x | CN¥-141.70 Million |
| 2016 | 6.67% | 26.76% | 0.13x | 1.96x | CN¥-52.56 Million |
| 2017 | 8.85% | 30.29% | 0.14x | 2.14x | CN¥-19.91 Million |
| 2018 | 6.99% | 24.87% | 0.13x | 2.13x | CN¥-56.07 Million |
| 2019 | 7.52% | 25.92% | 0.13x | 2.25x | CN¥-49.52 Million |
| 2020 | 13.43% | 38.81% | 0.12x | 2.87x | CN¥124.06 Million |
| 2021 | 13.13% | 42.83% | 0.14x | 2.26x | CN¥156.52 Million |
| 2022 | 12.67% | 40.71% | 0.15x | 2.03x | CN¥153.65 Million |
| 2023 | 10.85% | 39.18% | 0.15x | 1.84x | CN¥53.44 Million |
| 2024 | 9.62% | 37.40% | 0.15x | 1.73x | CN¥-25.82 Million |
Industry Comparison
This section compares Zhongmin Energy Co Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $3,609,000,160
- Average return on equity (ROE) among peers: 1.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhongmin Energy Co Ltd (600163) | CN¥7.14 Billion | 6.34% | 0.65x | $1.78 Billion |
| Tunghsu Azure Renewable Energy Co Ltd (000040) | $880.06 Million | 3.18% | 1.31x | $106.61 Million |
| Tianjin Guangyu Development Co Ltd (000537) | $959.92 Million | 11.11% | 1.83x | $3.17 Billion |
| Guangdong Electric Power Development Co Ltd (000539) | $0.00 | 0.00% | 0.00x | $4.58 Billion |
| CECEP Solar Energy Co Ltd (000591) | $13.47 Billion | 6.76% | 1.78x | $2.97 Billion |
| GEPIC Energy Development Co Ltd (000791) | $251.44 Million | -47.48% | 1.29x | $4.03 Billion |
| Tieling Newcity Investment Holding Ltd (000809) | $3.12 Billion | -2.73% | 0.81x | $461.05 Million |
| Hubei Energy Group Co Ltd (000883) | $13.60 Billion | 4.92% | 1.36x | $4.70 Billion |
| Fujian MinDong Electric Power Co Ltd (000993) | $1.47 Billion | 1.96% | 0.48x | $843.69 Million |
| Shenzhen Feima International Supply Chain Co Ltd (002210) | $108.42 Million | 33.70% | 1.54x | $1.28 Billion |
| Shenzhen Sunrise New Energy Co Ltd (002256) | $2.24 Billion | 5.17% | 0.49x | $1.36 Billion |
About Zhongmin Energy Co Ltd
Zhongmin Energy Co., Ltd. focuses on the development and construction of power generation projects in China. It generates electricity from wind, solar, and biomass energy. The company was formerly known as Nanzhi Co Ltd. and changed its name to Zhongmin Energy Co., Ltd. in December 2015. Zhongmin Energy Co., Ltd. was founded in 1998 and is based in Fuzhou, China. Zhongmin Energy Co., Ltd. operate… Read more