Chongqing Fuling Electric Power Industrial Co Ltd
Chongqing Fuling Electric Power Industrial Co., Ltd. engages in power supply business in China. It operates in two segments, Power Grid Business and Energy Saving Business. The company engages in the supply and sale of electricity, power dispatching, and power resource development; and design, installation, and dispatching of power transmission and transformation projects, as well as electrical t… Read more
Chongqing Fuling Electric Power Industrial Co Ltd (600452) - Net Assets
Latest net assets as of September 2025: CN¥5.47 Billion CNY
Based on the latest financial reports, Chongqing Fuling Electric Power Industrial Co Ltd (600452) has net assets worth CN¥5.47 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¥6.41 Billion) and total liabilities (CN¥937.58 Million). 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¥5.47 Billion |
| % of Total Assets | 85.37% |
| Annual Growth Rate | 16.02% |
| 5-Year Change | 176.04% |
| 10-Year Change | 664.98% |
| Growth Volatility | 34.43 |
Chongqing Fuling Electric Power Industrial Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Chongqing Fuling Electric Power Industrial Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chongqing Fuling Electric Power Industrial Co Ltd (2001–2024)
The table below shows the annual net assets of Chongqing Fuling Electric Power Industrial Co Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.31 Billion | +6.59% |
| 2023-12-31 | CN¥4.98 Billion | +8.19% |
| 2022-12-31 | CN¥4.61 Billion | +12.10% |
| 2021-12-31 | CN¥4.11 Billion | +113.54% |
| 2020-12-31 | CN¥1.92 Billion | +3.74% |
| 2019-12-31 | CN¥1.85 Billion | +26.47% |
| 2018-12-31 | CN¥1.47 Billion | +29.26% |
| 2017-12-31 | CN¥1.13 Billion | +27.26% |
| 2016-12-31 | CN¥891.41 Million | +28.39% |
| 2015-12-31 | CN¥694.29 Million | +32.12% |
| 2014-12-31 | CN¥525.50 Million | +22.53% |
| 2013-12-31 | CN¥428.88 Million | +18.13% |
| 2012-12-31 | CN¥363.06 Million | +7.12% |
| 2011-12-31 | CN¥338.94 Million | +3.05% |
| 2010-12-31 | CN¥328.91 Million | -29.01% |
| 2009-12-31 | CN¥463.30 Million | -0.86% |
| 2008-12-31 | CN¥467.32 Million | -0.69% |
| 2007-12-31 | CN¥470.56 Million | -0.37% |
| 2006-12-31 | CN¥472.29 Million | -3.69% |
| 2005-12-31 | CN¥490.41 Million | +2.13% |
| 2004-12-31 | CN¥480.18 Million | +130.37% |
| 2003-12-31 | CN¥208.44 Million | +14.51% |
| 2002-12-31 | CN¥182.02 Million | +4.53% |
| 2001-12-31 | CN¥174.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chongqing Fuling Electric Power Industrial 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 7392.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.46 Billion | 27.53% |
| Common Stock | CN¥1.54 Billion | 28.93% |
| Other Comprehensive Income | CN¥696.81 Million | 13.12% |
| Other Components | CN¥1.62 Billion | 30.42% |
| Total Equity | CN¥5.31 Billion | 100.00% |
Chongqing Fuling Electric Power Industrial Co Ltd Competitors by Market Cap
The table below lists competitors of Chongqing Fuling Electric Power Industrial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Financial Leasing Co Ltd Class A
SHG:600901
|
$1.86 Billion |
|
Ardentec
TWO:3264
|
$1.86 Billion |
|
Blackline Inc
NASDAQ:BL
|
$1.86 Billion |
|
Zhejiang Jiemei Electronic and Technology Co Ltd
SHE:002859
|
$1.87 Billion |
|
Aurinia Pharmaceuticals Inc
NASDAQ:AUPH
|
$1.86 Billion |
|
VALIF
PINK:VALIF
|
$1.86 Billion |
|
HARBOUR ENERGY LS 000002
F:PQQ0
|
$1.86 Billion |
|
Marriot Vacations Worldwide
NYSE:VAC
|
$1.86 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing Fuling Electric Power Industrial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,982,892,434 to 5,311,194,603, a change of 328,302,169 (6.6%).
- Net income of 514,456,181 contributed positively to equity growth.
- Dividend payments of 235,968,903 reduced retained earnings.
- Other comprehensive income increased equity by 695,556,909.
- Other factors decreased equity by 645,742,018.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥514.46 Million | +9.69% |
| Dividends Paid | CN¥235.97 Million | -4.44% |
| Other Comprehensive Income | CN¥695.56 Million | +13.1% |
| Other Changes | CN¥-645.74 Million | -12.16% |
| Total Change | CN¥- | 6.59% |
Book Value vs Market Value Analysis
This analysis compares Chongqing Fuling Electric Power Industrial 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: 4.48x
- 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 decreased from 109.08x to 4.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.14 | CN¥15.25 | x |
| 2002-12-31 | CN¥0.15 | CN¥15.25 | x |
| 2003-12-31 | CN¥0.17 | CN¥15.25 | x |
| 2004-12-31 | CN¥0.38 | CN¥15.25 | x |
| 2005-12-31 | CN¥0.38 | CN¥15.25 | x |
| 2006-12-31 | CN¥0.38 | CN¥15.25 | x |
| 2007-12-31 | CN¥0.37 | CN¥15.25 | x |
| 2008-12-31 | CN¥0.38 | CN¥15.25 | x |
| 2009-12-31 | CN¥0.35 | CN¥15.25 | x |
| 2010-12-31 | CN¥0.26 | CN¥15.25 | x |
| 2011-12-31 | CN¥0.26 | CN¥15.25 | x |
| 2012-12-31 | CN¥0.30 | CN¥15.25 | x |
| 2013-12-31 | CN¥0.35 | CN¥15.25 | x |
| 2014-12-31 | CN¥0.39 | CN¥15.25 | x |
| 2015-12-31 | CN¥0.56 | CN¥15.25 | x |
| 2016-12-31 | CN¥0.72 | CN¥15.25 | x |
| 2017-12-31 | CN¥0.91 | CN¥15.25 | x |
| 2018-12-31 | CN¥1.18 | CN¥15.25 | x |
| 2019-12-31 | CN¥1.49 | CN¥15.25 | x |
| 2020-12-31 | CN¥1.55 | CN¥15.25 | x |
| 2021-12-31 | CN¥2.66 | CN¥15.25 | x |
| 2022-12-31 | CN¥3.01 | CN¥15.25 | x |
| 2023-12-31 | CN¥3.24 | CN¥15.25 | x |
| 2024-12-31 | CN¥3.41 | CN¥15.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing Fuling Electric Power Industrial 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): 9.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.51%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.22x
- Recent ROE (9.69%) is below the historical average (10.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 13.19% | 7.36% | 1.23x | 1.46x | CN¥5.55 Million |
| 2002 | 15.06% | 7.54% | 1.34x | 1.49x | CN¥9.21 Million |
| 2003 | 12.67% | 6.87% | 1.32x | 1.40x | CN¥5.57 Million |
| 2004 | 5.31% | 5.69% | 0.76x | 1.22x | CN¥-22.41 Million |
| 2005 | 5.88% | 5.63% | 0.65x | 1.59x | CN¥-19.55 Million |
| 2006 | 6.39% | 4.95% | 0.55x | 2.35x | CN¥-16.97 Million |
| 2007 | 6.60% | 5.33% | 0.54x | 2.28x | CN¥-16.00 Million |
| 2008 | 5.63% | 4.10% | 0.53x | 2.57x | CN¥-20.30 Million |
| 2009 | 0.46% | 0.31% | 0.68x | 2.21x | CN¥-43.94 Million |
| 2010 | -43.86% | -15.70% | 1.05x | 2.67x | CN¥-175.76 Million |
| 2011 | 2.98% | 1.05% | 1.06x | 2.68x | CN¥-23.62 Million |
| 2012 | 7.79% | 2.53% | 1.37x | 2.24x | CN¥-8.02 Million |
| 2013 | 12.63% | 4.35% | 1.69x | 1.72x | CN¥11.26 Million |
| 2014 | 13.69% | 5.67% | 1.52x | 1.59x | CN¥19.41 Million |
| 2015 | 26.80% | 14.89% | 1.02x | 1.77x | CN¥116.67 Million |
| 2016 | 18.84% | 10.09% | 0.44x | 4.20x | CN¥78.81 Million |
| 2017 | 19.96% | 10.99% | 0.50x | 3.63x | CN¥112.98 Million |
| 2018 | 23.77% | 14.24% | 0.52x | 3.23x | CN¥201.99 Million |
| 2019 | 21.39% | 15.13% | 0.54x | 2.61x | CN¥211.26 Million |
| 2020 | 20.83% | 15.10% | 0.44x | 3.11x | CN¥208.38 Million |
| 2021 | 12.31% | 16.08% | 0.50x | 1.53x | CN¥95.00 Million |
| 2022 | 13.30% | 17.20% | 0.51x | 1.52x | CN¥152.09 Million |
| 2023 | 10.54% | 15.26% | 0.52x | 1.34x | CN¥27.06 Million |
| 2024 | 9.69% | 16.51% | 0.48x | 1.22x | CN¥-16.66 Million |
Industry Comparison
This section compares Chongqing Fuling Electric Power Industrial Co Ltd's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $2,914,861,497
- Average return on equity (ROE) among peers: 6.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Fuling Electric Power Industrial Co Ltd (600452) | CN¥5.47 Billion | 13.19% | 0.17x | $1.86 Billion |
| Shenzhen Energy Group Co Ltd (000027) | $8.19 Billion | 8.94% | 0.37x | $1.14 Billion |
| Shenzhen Nanshan Power Co Ltd (000037) | $606.17 Million | 19.16% | 0.66x | $463.41 Million |
| Guangzhou Hengyun Enterprises Holding Ltd (000531) | $425.31 Million | 6.99% | 1.07x | $362.93 Million |
| An Hui Wenergy Co Ltd (000543) | $2.32 Billion | 7.87% | 0.16x | $1.11 Billion |
| Jointo Energy Investment Co Ltd Hebei (000600) | $875.38 Million | 4.87% | 2.31x | $810.91 Million |
| Guangdong Shaoneng Group Co Ltd (000601) | $2.77 Billion | 3.03% | 1.64x | $561.99 Million |
| Tianjin Binhai Energy & Development Co Ltd (000695) | $345.13 Million | 0.89% | 2.45x | $262.05 Million |
| Shanxi Zhangze Electric Power Co Ltd (000767) | $1.84 Billion | 11.37% | 1.54x | $768.72 Million |
| Jilin Power Share Co Ltd (000875) | $10.34 Billion | 1.11% | 2.84x | $2.25 Billion |
| Jiangxi Ganneng Co Ltd (000899) | $1.43 Billion | 2.70% | 0.12x | $507.45 Million |