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

Latest as of September 2025: CN¥3.05 Billion CNY ≈ $445.98 Million USD

Based on the latest financial reports, Hunan Corun New Energy Co Ltd (600478) has net assets worth CN¥3.05 Billion CNY (≈ $445.98 Million USD) 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 ≈ $1.51 Billion USD) and total liabilities (CN¥7.30 Billion ≈ $1.07 Billion 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 how strategically is Hunan Corun New Energy Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

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. For live market cap and overall valuation, see how much is Hunan Corun New Energy Co Ltd worth.

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. Also explore 600478 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	CN¥3.18 Billion ≈ $465.08 Million	+0.85%
2023-12-31	CN¥3.15 Billion ≈ $461.15 Million	-5.85%
2022-12-31	CN¥3.35 Billion ≈ $489.78 Million	+9.44%
2021-12-31	CN¥3.06 Billion ≈ $447.53 Million	+0.27%
2020-12-31	CN¥3.05 Billion ≈ $446.30 Million	+1.11%
2019-12-31	CN¥3.02 Billion ≈ $441.42 Million	-12.71%
2018-12-31	CN¥3.46 Billion ≈ $505.71 Million	+0.48%
2017-12-31	CN¥3.44 Billion ≈ $503.29 Million	+55.11%
2016-12-31	CN¥2.22 Billion ≈ $324.48 Million	+4.02%
2015-12-31	CN¥2.13 Billion ≈ $311.92 Million	+82.84%
2014-12-31	CN¥1.17 Billion ≈ $170.60 Million	-3.13%
2013-12-31	CN¥1.20 Billion ≈ $176.11 Million	-0.55%
2012-12-31	CN¥1.21 Billion ≈ $177.09 Million	-6.51%
2011-12-31	CN¥1.29 Billion ≈ $189.42 Million	+7.33%
2010-12-31	CN¥1.21 Billion ≈ $176.49 Million	+86.96%
2009-12-31	CN¥645.13 Million ≈ $94.40 Million	+4.36%
2008-12-31	CN¥618.16 Million ≈ $90.46 Million	+86.04%
2007-12-31	CN¥332.27 Million ≈ $48.62 Million	+7.11%
2006-12-31	CN¥310.22 Million ≈ $45.39 Million	+2.25%
2005-12-31	CN¥303.38 Million ≈ $44.39 Million	-2.83%
2004-12-31	CN¥312.20 Million ≈ $45.69 Million	+0.35%
2003-12-31	CN¥311.11 Million ≈ $45.53 Million	+189.92%
2002-12-31	CN¥107.31 Million ≈ $15.70 Million	+16.26%
2001-12-31	CN¥92.30 Million ≈ $13.51 Million	+9.68%
2000-12-31	CN¥84.15 Million ≈ $12.31 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
Doosan Pref Shs KO:000155	$1.12 Billion
Neo Performance Materials Inc TO:NEO	$1.12 Billion
Shenzhen Chengtian Weiye Technology Co Ltd SHE:300689	$1.12 Billion
Guizhou Zhenhua Fengguang Semiconductor Co. Ltd. A SHG:688439	$1.12 Billion
VERBIO Vereinigte BioEnergie AG XETRA:VBK	$1.12 Billion
Bk Harda Internasional Tbk Pt JK:BBHI	$1.12 Billion
Malaysia Building Society Bhd KLSE:1171	$1.11 Billion
Guanglian Aviation Industry Co Ltd SHE:300900	$1.11 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: 2.61x
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 48.44x to 2.61x 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¥4.58	x
2001-12-31	CN¥0.10	CN¥4.58	x
2002-12-31	CN¥0.12	CN¥4.58	x
2003-12-31	CN¥0.35	CN¥4.58	x
2004-12-31	CN¥0.35	CN¥4.58	x
2005-12-31	CN¥0.34	CN¥4.58	x
2006-12-31	CN¥0.35	CN¥4.58	x
2007-12-31	CN¥0.34	CN¥4.58	x
2008-12-31	CN¥0.55	CN¥4.58	x
2009-12-31	CN¥0.56	CN¥4.58	x
2010-12-31	CN¥0.92	CN¥4.58	x
2011-12-31	CN¥0.84	CN¥4.58	x
2012-12-31	CN¥0.75	CN¥4.58	x
2013-12-31	CN¥0.75	CN¥4.58	x
2014-12-31	CN¥0.64	CN¥4.58	x
2015-12-31	CN¥2.00	CN¥4.58	x
2016-12-31	CN¥0.93	CN¥4.58	x
2017-12-31	CN¥1.51	CN¥4.58	x
2018-12-31	CN¥1.45	CN¥4.58	x
2019-12-31	CN¥1.60	CN¥4.58	x
2020-12-31	CN¥1.55	CN¥4.58	x
2021-12-31	CN¥1.55	CN¥4.58	x
2022-12-31	CN¥1.68	CN¥4.58	x
2023-12-31	CN¥1.59	CN¥4.58	x
2024-12-31	CN¥1.76	CN¥4.58	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: $1,793,502,014
Average return on equity (ROE) among peers: 11.75%

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	$1.12 Billion
XJ Electric Co Ltd (000400)	$769.50 Million	13.66%	0.29x	$3.04 Billion
Guangdong Macro Co Ltd (000533)	$458.00 Million	10.69%	4.94x	$1.10 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$236.13 Million	20.43%	0.71x	$890.66 Million
Dongfang Electronics Co Ltd (000682)	$1.41 Billion	1.38%	0.23x	$2.11 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.53 Billion	4.09%	0.63x	$720.77 Million
Huagong Tech Co Ltd (000988)	$9.37 Billion	10.74%	0.86x	$15.76 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$434.81 Million	6.61%	1.31x	$1.30 Billion
Sieyuan Electric Co Ltd (002028)	$3.00 Billion	31.66%	0.29x	$14.70 Billion
Shanghai Welltech Automation Co Ltd (002058)	$218.98 Million	10.86%	0.64x	$373.01 Million
Gotion High tech Co Ltd (002074)	$497.13 Million	7.34%	0.88x	$7.36 Billion

About Hunan Corun New Energy Co Ltd

SHG:600478 China Electrical Equipment & Parts

Market Cap

$1.12 Billion

CN¥7.63 Billion CNY

Market Cap Rank

#8505 Global

#2038 in China

Share Price

CN¥4.58

Change (1 day)

+0.66%

52-Week Range

CN¥4.53 - CN¥8.36

All Time High

CN¥15.63