Gresgying Digital Energy Technology Co Ltd (600212) - Net Assets
Based on the latest financial reports, Gresgying Digital Energy Technology Co Ltd (600212) has net assets worth CN¥540.78 Million CNY (≈ $79.13 Million 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¥1.82 Billion ≈ $266.96 Million USD) and total liabilities (CN¥1.28 Billion ≈ $187.83 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. Also explore Gresgying Digital Energy Technology Co L total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥540.78 Million |
| % of Total Assets | 29.64% |
| Annual Growth Rate | -2.05% |
| 5-Year Change | 111.59% |
| 10-Year Change | -20.32% |
| Growth Volatility | 69.32 |
Gresgying Digital Energy Technology Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Gresgying Digital Energy Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Gresgying Digital Energy Technology Co L tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Gresgying Digital Energy Technology Co Ltd (2000–2024)
The table below shows the annual net assets of Gresgying Digital Energy Technology Co Ltd from 2000 to 2024. For live valuation and market cap data, see 600212 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥534.14 Million ≈ $78.16 Million |
-10.87% |
| 2023-12-31 | CN¥599.26 Million ≈ $87.69 Million |
+326.86% |
| 2022-12-31 | CN¥140.39 Million ≈ $20.54 Million |
-39.77% |
| 2021-12-31 | CN¥233.09 Million ≈ $34.11 Million |
-7.67% |
| 2020-12-31 | CN¥252.45 Million ≈ $36.94 Million |
+8.64% |
| 2019-12-31 | CN¥232.36 Million ≈ $34.00 Million |
-60.18% |
| 2018-12-31 | CN¥583.51 Million ≈ $85.39 Million |
-22.72% |
| 2017-12-31 | CN¥755.02 Million ≈ $110.48 Million |
+1.78% |
| 2016-12-31 | CN¥741.82 Million ≈ $108.55 Million |
+10.66% |
| 2015-12-31 | CN¥670.38 Million ≈ $98.10 Million |
-33.61% |
| 2014-12-31 | CN¥1.01 Billion ≈ $147.76 Million |
-1.57% |
| 2013-12-31 | CN¥1.03 Billion ≈ $150.12 Million |
+2.12% |
| 2012-12-31 | CN¥1.00 Billion ≈ $147.00 Million |
-5.26% |
| 2011-12-31 | CN¥1.06 Billion ≈ $155.16 Million |
+1.54% |
| 2010-12-31 | CN¥1.04 Billion ≈ $152.81 Million |
+1.77% |
| 2009-12-31 | CN¥1.03 Billion ≈ $150.16 Million |
+2.99% |
| 2008-12-31 | CN¥996.33 Million ≈ $145.79 Million |
+7.70% |
| 2007-12-31 | CN¥925.11 Million ≈ $135.37 Million |
-29.64% |
| 2006-12-31 | CN¥1.31 Billion ≈ $192.40 Million |
-1.76% |
| 2005-12-31 | CN¥1.34 Billion ≈ $195.85 Million |
+1.04% |
| 2004-12-31 | CN¥1.32 Billion ≈ $193.84 Million |
-0.11% |
| 2003-12-31 | CN¥1.33 Billion ≈ $194.04 Million |
-0.22% |
| 2002-12-31 | CN¥1.33 Billion ≈ $194.48 Million |
+43.92% |
| 2001-12-31 | CN¥923.42 Million ≈ $135.13 Million |
+5.21% |
| 2000-12-31 | CN¥877.72 Million ≈ $128.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Gresgying Digital Energy 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 decreased by 435.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.42 Billion | 279.60% |
| Total Equity | CN¥508.97 Million | 100.00% |
Gresgying Digital Energy Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Gresgying Digital Energy Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Musti Group Oyj
HE:MUSTI
|
$567.94 Million |
|
Churchill Capital Corp XI
NASDAQ:CCXI
|
$568.14 Million |
|
Guangzhou Haoyun Security Technologies Co Ltd
SHE:300448
|
$568.24 Million |
|
CARE Ratings Limited
NSE:CARERATING
|
$568.33 Million |
|
Jiaxing ZMAX Optech Co. Ltd. A
SHG:688307
|
$567.68 Million |
|
Northfield Bancorp Inc
NASDAQ:NFBK
|
$567.57 Million |
|
Ningxia Xinri Hengli Steel Wire Rope Co Ltd
SHG:600165
|
$567.49 Million |
|
Jiangsu Seagull Cooling Tower
SHG:603269
|
$567.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gresgying Digital Energy Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 596,616,674 to 508,974,921, a change of -87,641,753 (-14.7%).
- Net income of 14,054,113 contributed positively to equity growth.
- Dividend payments of 166,566 reduced retained earnings.
- Other factors decreased equity by 101,529,300.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥14.05 Million | +2.76% |
| Dividends Paid | CN¥166.57K | -0.03% |
| Other Changes | CN¥-101.53 Million | -19.95% |
| Total Change | CN¥- | -14.69% |
Book Value vs Market Value Analysis
This analysis compares Gresgying Digital Energy 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: 7.63x
- 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 increased from 3.73x to 7.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.48 | CN¥5.51 | x |
| 2018-12-31 | CN¥1.14 | CN¥5.51 | x |
| 2019-12-31 | CN¥0.45 | CN¥5.51 | x |
| 2020-12-31 | CN¥0.49 | CN¥5.51 | x |
| 2021-12-31 | CN¥0.46 | CN¥5.51 | x |
| 2022-12-31 | CN¥0.27 | CN¥5.51 | x |
| 2023-12-31 | CN¥0.86 | CN¥5.51 | x |
| 2024-12-31 | CN¥0.72 | CN¥5.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gresgying Digital Energy 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): 2.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.38%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 3.08x
- Recent ROE (2.76%) is above the historical average (-12.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 10.21% | 10.94% | 0.72x | 1.29x | CN¥1.77 Million |
| 2001 | 8.41% | 9.07% | 0.71x | 1.30x | CN¥-14.35 Million |
| 2002 | 3.10% | 6.65% | 0.36x | 1.29x | CN¥-90.12 Million |
| 2003 | 1.68% | 3.36% | 0.38x | 1.31x | CN¥-108.48 Million |
| 2004 | 1.41% | 2.36% | 0.34x | 1.75x | CN¥-111.83 Million |
| 2005 | 1.04% | 1.45% | 0.44x | 1.64x | CN¥-117.85 Million |
| 2008 | 2.23% | 2.91% | 0.50x | 1.53x | CN¥-77.39 Million |
| 2009 | 2.91% | 4.52% | 0.51x | 1.26x | CN¥-72.80 Million |
| 2010 | 1.74% | 4.00% | 0.35x | 1.23x | CN¥-86.27 Million |
| 2011 | 1.51% | 2.89% | 0.44x | 1.19x | CN¥-89.98 Million |
| 2013 | 2.08% | 3.13% | 0.60x | 1.10x | CN¥-81.29 Million |
| 2015 | -50.79% | -125.08% | 0.36x | 1.12x | CN¥-407.53 Million |
| 2016 | 6.01% | 17.02% | 0.32x | 1.11x | CN¥-29.63 Million |
| 2017 | 1.67% | 5.00% | 0.32x | 1.05x | CN¥-62.92 Million |
| 2018 | -29.47% | -70.17% | 0.40x | 1.05x | CN¥-230.32 Million |
| 2019 | -151.32% | -134.63% | 0.97x | 1.16x | CN¥-374.85 Million |
| 2020 | 7.74% | 7.06% | 0.93x | 1.18x | CN¥-5.70 Million |
| 2021 | -8.61% | -8.27% | 0.77x | 1.35x | CN¥-43.38 Million |
| 2022 | -70.34% | -33.71% | 0.52x | 4.02x | CN¥-110.27 Million |
| 2023 | 2.92% | 2.68% | 0.50x | 2.17x | CN¥-42.25 Million |
| 2024 | 2.76% | 1.38% | 0.65x | 3.08x | CN¥-36.84 Million |
Industry Comparison
This section compares Gresgying Digital Energy Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,149,211,610
- Average return on equity (ROE) among peers: 2.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gresgying Digital Energy Technology Co Ltd (600212) | CN¥540.78 Million | 10.21% | 2.37x | $567.84 Million |
| XJ Electric Co Ltd (000400) | $9.20 Billion | 7.78% | 0.83x | $3.50 Billion |
| Guangdong Macro Co Ltd (000533) | $598.74 Million | 0.58% | 4.38x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $663.40 Million | 21.97% | 0.34x | $901.48 Million |
| Dongfang Electronics Co Ltd (000682) | $1.27 Billion | 0.84% | 0.19x | $2.46 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.42 Billion | -38.55% | 5.34x | $656.42 Million |
| Huagong Tech Co Ltd (000988) | $2.72 Billion | 1.94% | 0.54x | $14.78 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $873.58 Million | 10.72% | 0.86x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $4.11 Billion | 9.29% | 0.51x | $18.43 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $165.38 Million | 6.52% | 0.32x | $355.17 Million |
| Gotion High tech Co Ltd (002074) | $467.84 Million | 5.86% | 0.80x | $7.51 Billion |
About Gresgying Digital Energy Technology Co Ltd
Gresgying Digital Energy Technology Co.,Ltd, together with its subsidiaries, engages in new energy charging and energy storage, railway transportation, and low-altitude economy businesses in China and internationally. It operates through Green Energy Smart Charging Railway Operation Company, Green Energy Technology, and China Creation Airlines segments. The company offers rapid chargers, all-in-o… Read more