Hunan Corun New Energy Co Ltd

SHG:600478 China Electrical Equipment & Parts
Market Cap
$1.78 Billion
CN¥13.02 Billion CNY
Market Cap Rank
#6805 Global
#1086 in China
Share Price
CN¥7.82
Change (1 day)
-0.26%
52-Week Range
CN¥4.31 - CN¥8.36
All Time High
CN¥15.63
Categories
Companies in China Electrical Equipment & Parts
About

Hunan Corun New Energy Co., Ltd., together with its subsidiaries, engages in the energy storage, and lithium and nickel batteries sectors in China and internationally. The company offers battery-grade lithium carbonate; consumer lithium batteries comprising shared charging cabinets, sweeper batteries, electric two-wheeler lithium batteries, and electric scooter lithium batteries; and generation a… Read more

Hunan Corun New Energy Co Ltd (600478) - Net Assets

Latest net assets as of September 2025: CN¥3.05 Billion CNY

Based on the latest financial reports, Hunan Corun New Energy Co Ltd (600478) has net assets worth CN¥3.05 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¥10.35 Billion) and total liabilities (CN¥7.30 Billion). 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¥3.05 Billion
% of Total Assets 29.44%
Annual Growth Rate 16.34%
5-Year Change 4.21%
10-Year Change 49.1%
Growth Volatility 45.62

Hunan Corun New Energy Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Hunan Corun New Energy 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 Hunan Corun New Energy Co Ltd (2000–2024)

The table below shows the annual net assets of Hunan Corun New Energy Co Ltd from 2000 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.18 Billion +0.85%
2023-12-31 CN¥3.15 Billion -5.85%
2022-12-31 CN¥3.35 Billion +9.44%
2021-12-31 CN¥3.06 Billion +0.27%
2020-12-31 CN¥3.05 Billion +1.11%
2019-12-31 CN¥3.02 Billion -12.71%
2018-12-31 CN¥3.46 Billion +0.48%
2017-12-31 CN¥3.44 Billion +55.11%
2016-12-31 CN¥2.22 Billion +4.02%
2015-12-31 CN¥2.13 Billion +82.84%
2014-12-31 CN¥1.17 Billion -3.13%
2013-12-31 CN¥1.20 Billion -0.55%
2012-12-31 CN¥1.21 Billion -6.51%
2011-12-31 CN¥1.29 Billion +7.33%
2010-12-31 CN¥1.21 Billion +86.96%
2009-12-31 CN¥645.13 Million +4.36%
2008-12-31 CN¥618.16 Million +86.04%
2007-12-31 CN¥332.27 Million +7.11%
2006-12-31 CN¥310.22 Million +2.25%
2005-12-31 CN¥303.38 Million -2.83%
2004-12-31 CN¥312.20 Million +0.35%
2003-12-31 CN¥311.11 Million +189.92%
2002-12-31 CN¥107.31 Million +16.26%
2001-12-31 CN¥92.30 Million +9.68%
2000-12-31 CN¥84.15 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hunan Corun New 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 decreased by 27521788379.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.67 Billion 60.62%
Other Comprehensive Income CN¥-33.64 Million -1.22%
Other Components CN¥1.39 Billion 50.63%
Total Equity CN¥2.75 Billion 100.00%

Hunan Corun New Energy Co Ltd Competitors by Market Cap

The table below lists competitors of Hunan Corun New Energy Co Ltd ranked by their market capitalization.

Company Market Cap
Dole PLC
NYSE:DOLE
 		$1.14 Billion
Indraprastha Gas Limited
NSE:IGL
 		$1.14 Billion
WATCH.O.SWITZ.GR.LS-0125
F:5WS
 		$1.14 Billion
Zhejiang DiAn Diagnostics Co
SHE:300244
 		$1.14 Billion
Impack Pratama Industri Tbk
JK:IMPC
 		$1.14 Billion
Shanghai Lingang Holdings Co Ltd A
SHG:600848
 		$1.14 Billion
Gaztransport & Technigaz SA
PINK:GZPZY
 		$1.14 Billion
DAIHEN CORP.
F:6NV
 		$1.14 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hunan Corun New Energy Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,709,740,661 to 2,747,650,588, a change of 37,909,927 (1.4%).
  • Net income of 78,142,008 contributed positively to equity growth.
  • Dividend payments of 172,729,058 reduced retained earnings.
  • Other comprehensive income decreased equity by 7,971,867.
  • Other factors increased equity by 140,468,844.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥78.14 Million +2.84%
Dividends Paid CN¥172.73 Million -6.29%
Other Comprehensive Income CN¥-7.97 Million -0.29%
Other Changes CN¥140.47 Million +5.11%
Total Change CN¥- 1.40%

Book Value vs Market Value Analysis

This analysis compares Hunan Corun New 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: 4.45x
  • 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 82.71x to 4.45x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CN¥0.09 CN¥7.82 x
2001-12-31 CN¥0.10 CN¥7.82 x
2002-12-31 CN¥0.12 CN¥7.82 x
2003-12-31 CN¥0.35 CN¥7.82 x
2004-12-31 CN¥0.35 CN¥7.82 x
2005-12-31 CN¥0.34 CN¥7.82 x
2006-12-31 CN¥0.35 CN¥7.82 x
2007-12-31 CN¥0.34 CN¥7.82 x
2008-12-31 CN¥0.55 CN¥7.82 x
2009-12-31 CN¥0.56 CN¥7.82 x
2010-12-31 CN¥0.92 CN¥7.82 x
2011-12-31 CN¥0.84 CN¥7.82 x
2012-12-31 CN¥0.75 CN¥7.82 x
2013-12-31 CN¥0.75 CN¥7.82 x
2014-12-31 CN¥0.64 CN¥7.82 x
2015-12-31 CN¥2.00 CN¥7.82 x
2016-12-31 CN¥0.93 CN¥7.82 x
2017-12-31 CN¥1.51 CN¥7.82 x
2018-12-31 CN¥1.45 CN¥7.82 x
2019-12-31 CN¥1.60 CN¥7.82 x
2020-12-31 CN¥1.55 CN¥7.82 x
2021-12-31 CN¥1.55 CN¥7.82 x
2022-12-31 CN¥1.68 CN¥7.82 x
2023-12-31 CN¥1.59 CN¥7.82 x
2024-12-31 CN¥1.76 CN¥7.82 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hunan Corun New 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): 2.84%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.98%
  • • Asset Turnover: 0.44x
  • • Equity Multiplier: 3.25x
  • Recent ROE (2.84%) is above the historical average (2.11%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 9.29% 8.36% 0.32x 3.49x CN¥-595.55K
2001 8.82% 6.24% 0.44x 3.20x CN¥-1.09 Million
2002 21.79% 9.63% 0.73x 3.12x CN¥12.65 Million
2003 9.90% 10.94% 0.53x 1.70x CN¥-319.85K
2004 6.29% 5.27% 0.63x 1.90x CN¥-11.57 Million
2005 1.98% 1.33% 0.72x 2.08x CN¥-24.32 Million
2006 2.33% 1.12% 1.02x 2.05x CN¥-23.79 Million
2007 7.72% 4.22% 0.94x 1.95x CN¥-7.59 Million
2008 5.82% 2.11% 1.37x 2.02x CN¥-25.73 Million
2009 3.08% 1.40% 0.90x 2.43x CN¥-43.44 Million
2010 1.88% 1.25% 0.73x 2.06x CN¥-84.37 Million
2011 1.56% 0.69% 0.93x 2.44x CN¥-89.12 Million
2012 -5.89% -3.45% 0.68x 2.50x CN¥-156.25 Million
2013 0.69% 0.58% 0.60x 1.99x CN¥-88.97 Million
2014 -5.23% -5.37% 0.33x 2.95x CN¥-133.69 Million
2015 0.50% 0.66% 0.29x 2.56x CN¥-141.65 Million
2016 -16.19% -12.45% 0.33x 4.00x CN¥-342.32 Million
2017 1.06% 1.41% 0.23x 3.24x CN¥-185.81 Million
2018 1.04% 1.15% 0.30x 3.03x CN¥-188.08 Million
2019 -14.26% -17.21% 0.32x 2.55x CN¥-608.85 Million
2020 2.17% 2.18% 0.41x 2.40x CN¥-200.61 Million
2021 1.62% 1.38% 0.48x 2.43x CN¥-218.76 Million
2022 6.45% 4.73% 0.47x 2.87x CN¥-98.55 Million
2023 -2.53% -1.85% 0.42x 3.23x CN¥-339.49 Million
2024 2.84% 1.98% 0.44x 3.25x CN¥-196.62 Million

Industry Comparison

This section compares Hunan Corun New Energy 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: $2,399,685,798
  • Average return on equity (ROE) among peers: -30.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hunan Corun New Energy Co Ltd (600478) CN¥3.05 Billion 9.29% 2.40x $1.14 Billion
XJ Electric Co Ltd (000400) $11.69 Billion 8.60% 0.87x $2.50 Billion
Guangdong Macro Co Ltd (000533) $259.29 Million -377.39% 9.44x $880.32 Million
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $1.31 Billion 8.55% 0.86x $364.23 Million
Huagong Tech Co Ltd (000988) $3.01 Billion 5.01% 0.66x $9.70 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $1.62 Billion 6.74% 1.87x $855.32 Million
Shijiazhuang Shangtai Technology Co. Ltd. A (001301) $1.35 Billion 11.31% 0.12x $1.62 Billion
Guangdong Xinyaguang Cable Co (001382) $804.28 Million 11.99% 1.13x $201.71 Million
Sieyuan Electric Co Ltd (002028) $3.44 Billion 10.09% 0.45x $14.61 Billion
Shanghai Welltech Automation Co Ltd (002058) $186.07 Million 7.07% 0.22x $217.00 Million
Gotion High tech Co Ltd (002074) $324.01 Million 7.87% 0.45x $5.08 Billion