Sichuan Xichang Electric Power Co Ltd (600505) - Net Assets
Based on the latest financial reports, Sichuan Xichang Electric Power Co Ltd (600505) has net assets worth CN¥1.36 Billion CNY (≈ $198.60 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¥4.12 Billion ≈ $603.36 Million USD) and total liabilities (CN¥2.77 Billion ≈ $404.77 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 Sichuan Xichang Electric Power Co Ltd total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.36 Billion |
| % of Total Assets | 32.91% |
| Annual Growth Rate | 7.68% |
| 5-Year Change | -5.55% |
| 10-Year Change | 21.53% |
| Growth Volatility | 28.39 |
Sichuan Xichang Electric Power Co Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Sichuan Xichang Electric Power Co Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see 600505 company net worth.
Annual Net Assets for Sichuan Xichang Electric Power Co Ltd (1999–2024)
The table below shows the annual net assets of Sichuan Xichang Electric Power Co Ltd from 1999 to 2024. Explore Sichuan Xichang Electric Power Co Ltd (600505) cash flow conversion to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.36 Billion ≈ $199.33 Million |
-1.37% |
| 2023-12-31 | CN¥1.38 Billion ≈ $202.09 Million |
-5.47% |
| 2022-12-31 | CN¥1.46 Billion ≈ $213.79 Million |
+0.18% |
| 2021-12-31 | CN¥1.46 Billion ≈ $213.42 Million |
+1.12% |
| 2020-12-31 | CN¥1.44 Billion ≈ $211.04 Million |
+3.72% |
| 2019-12-31 | CN¥1.39 Billion ≈ $203.47 Million |
+5.18% |
| 2018-12-31 | CN¥1.32 Billion ≈ $193.46 Million |
+4.64% |
| 2017-12-31 | CN¥1.26 Billion ≈ $184.88 Million |
+2.82% |
| 2016-12-31 | CN¥1.23 Billion ≈ $179.80 Million |
+9.63% |
| 2015-12-31 | CN¥1.12 Billion ≈ $164.01 Million |
+10.07% |
| 2014-12-31 | CN¥1.02 Billion ≈ $149.00 Million |
+5.07% |
| 2013-12-31 | CN¥969.04 Million ≈ $141.80 Million |
+6.06% |
| 2012-12-31 | CN¥913.68 Million ≈ $133.70 Million |
+7.02% |
| 2011-12-31 | CN¥853.78 Million ≈ $124.94 Million |
+35.21% |
| 2010-12-31 | CN¥631.45 Million ≈ $92.40 Million |
+41.05% |
| 2009-12-31 | CN¥447.69 Million ≈ $65.51 Million |
+52.97% |
| 2008-12-31 | CN¥292.67 Million ≈ $42.83 Million |
+28.84% |
| 2007-12-31 | CN¥227.15 Million ≈ $33.24 Million |
+51.24% |
| 2006-12-31 | CN¥150.19 Million ≈ $21.98 Million |
+47.95% |
| 2005-12-31 | CN¥101.52 Million ≈ $14.86 Million |
-83.57% |
| 2004-12-31 | CN¥617.81 Million ≈ $90.40 Million |
+0.38% |
| 2003-12-31 | CN¥615.47 Million ≈ $90.06 Million |
+14.33% |
| 2002-12-31 | CN¥538.30 Million ≈ $78.77 Million |
+71.19% |
| 2001-12-31 | CN¥314.46 Million ≈ $46.01 Million |
+24.63% |
| 2000-12-31 | CN¥252.31 Million ≈ $36.92 Million |
+17.69% |
| 1999-12-31 | CN¥214.39 Million ≈ $31.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sichuan Xichang Electric Power 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 2526.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥562.64 Million | 46.40% |
| Common Stock | CN¥364.57 Million | 30.07% |
| Other Comprehensive Income | CN¥264.48 Million | 21.81% |
| Other Components | CN¥20.87 Million | 1.72% |
| Total Equity | CN¥1.21 Billion | 100.00% |
Sichuan Xichang Electric Power Co Ltd Competitors by Market Cap
The table below lists competitors of Sichuan Xichang Electric Power Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EuroTeleSites AG
F:7YF
|
$735.93 Million |
|
Minerva S.A
SA:BEEF3
|
$736.26 Million |
|
Pharmicell
KO:005690
|
$736.42 Million |
|
Tamar Petroleum Ltd
TA:TMRP
|
$736.54 Million |
|
BETTER COLLECTIVE EO-01
F:9C8
|
$735.10 Million |
|
MAS Real Estate Inc
JSE:MSP
|
$734.98 Million |
|
Platzer Fastigheter Holding AB (publ)
ST:PLAZ-B
|
$734.90 Million |
|
Nexpoint Residential Trust Inc
NYSE:NXRT
|
$734.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Xichang Electric Power Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,212,226,502 to 1,212,554,967, a change of 328,465 (0.0%).
- Net income of 8,294,193 contributed positively to equity growth.
- Dividend payments of 88,765,713 reduced retained earnings.
- Other comprehensive income increased equity by 206,974,666.
- Other factors decreased equity by 126,174,681.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥8.29 Million | +0.68% |
| Dividends Paid | CN¥88.77 Million | -7.32% |
| Other Comprehensive Income | CN¥206.97 Million | +17.07% |
| Other Changes | CN¥-126.17 Million | -10.41% |
| Total Change | CN¥- | 0.03% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Xichang Electric Power 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: 4.13x
- 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 24.55x to 4.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | CN¥0.56 | CN¥13.78 | x |
| 2000-12-31 | CN¥0.67 | CN¥13.78 | x |
| 2001-12-31 | CN¥0.84 | CN¥13.78 | x |
| 2002-12-31 | CN¥1.45 | CN¥13.78 | x |
| 2003-12-31 | CN¥1.56 | CN¥13.78 | x |
| 2004-12-31 | CN¥1.58 | CN¥13.78 | x |
| 2005-12-31 | CN¥0.16 | CN¥13.78 | x |
| 2006-12-31 | CN¥0.29 | CN¥13.78 | x |
| 2007-12-31 | CN¥0.50 | CN¥13.78 | x |
| 2008-12-31 | CN¥0.68 | CN¥13.78 | x |
| 2009-12-31 | CN¥1.11 | CN¥13.78 | x |
| 2010-12-31 | CN¥1.59 | CN¥13.78 | x |
| 2011-12-31 | CN¥2.09 | CN¥13.78 | x |
| 2012-12-31 | CN¥2.26 | CN¥13.78 | x |
| 2013-12-31 | CN¥2.41 | CN¥13.78 | x |
| 2014-12-31 | CN¥2.55 | CN¥13.78 | x |
| 2015-12-31 | CN¥2.70 | CN¥13.78 | x |
| 2016-12-31 | CN¥2.83 | CN¥13.78 | x |
| 2017-12-31 | CN¥2.91 | CN¥13.78 | x |
| 2018-12-31 | CN¥3.05 | CN¥13.78 | x |
| 2019-12-31 | CN¥3.23 | CN¥13.78 | x |
| 2020-12-31 | CN¥3.28 | CN¥13.78 | x |
| 2021-12-31 | CN¥3.37 | CN¥13.78 | x |
| 2022-12-31 | CN¥3.48 | CN¥13.78 | x |
| 2023-12-31 | CN¥3.33 | CN¥13.78 | x |
| 2024-12-31 | CN¥3.33 | CN¥13.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Xichang Electric Power 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): 0.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.57%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 3.43x
- Recent ROE (0.68%) is above the historical average (-20.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 14.27% | 23.16% | 0.21x | 2.98x | CN¥8.74 Million |
| 2000 | 10.48% | 18.50% | 0.20x | 2.90x | CN¥1.18 Million |
| 2001 | 7.84% | 18.81% | 0.15x | 2.80x | CN¥-6.60 Million |
| 2002 | 4.27% | 13.82% | 0.14x | 2.18x | CN¥-30.34 Million |
| 2003 | 5.97% | 18.34% | 0.12x | 2.64x | CN¥-22.96 Million |
| 2004 | 5.75% | 14.47% | 0.14x | 2.93x | CN¥-24.41 Million |
| 2005 | -833.42% | -191.57% | 0.16x | 26.95x | CN¥-495.63 Million |
| 2006 | 45.20% | 18.31% | 0.16x | 15.27x | CN¥37.76 Million |
| 2007 | 28.85% | 15.91% | 0.20x | 9.00x | CN¥34.62 Million |
| 2008 | 27.96% | 17.61% | 0.24x | 6.65x | CN¥44.63 Million |
| 2009 | 38.64% | 39.11% | 0.24x | 4.12x | CN¥115.95 Million |
| 2010 | 30.13% | 34.18% | 0.30x | 2.91x | CN¥116.65 Million |
| 2011 | 24.07% | 33.15% | 0.35x | 2.05x | CN¥107.36 Million |
| 2012 | 8.71% | 11.57% | 0.33x | 2.27x | CN¥-10.60 Million |
| 2013 | 7.60% | 10.25% | 0.35x | 2.13x | CN¥-21.12 Million |
| 2014 | 6.64% | 8.10% | 0.42x | 1.95x | CN¥-31.28 Million |
| 2015 | 6.62% | 7.79% | 0.37x | 2.31x | CN¥-33.30 Million |
| 2016 | 5.43% | 6.22% | 0.37x | 2.34x | CN¥-47.07 Million |
| 2017 | 3.88% | 4.48% | 0.38x | 2.31x | CN¥-65.01 Million |
| 2018 | 5.66% | 6.67% | 0.31x | 2.73x | CN¥-48.30 Million |
| 2019 | 3.14% | 3.91% | 0.27x | 2.98x | CN¥-80.90 Million |
| 2020 | 2.86% | 3.55% | 0.24x | 3.33x | CN¥-85.33 Million |
| 2021 | 3.47% | 3.93% | 0.25x | 3.59x | CN¥-80.21 Million |
| 2022 | 3.57% | 3.52% | 0.28x | 3.66x | CN¥-81.49 Million |
| 2023 | -3.68% | -3.18% | 0.32x | 3.62x | CN¥-165.83 Million |
| 2024 | 0.68% | 0.57% | 0.35x | 3.43x | CN¥-112.96 Million |
Industry Comparison
This section compares Sichuan Xichang Electric Power 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: $9,734,667,466
- Average return on equity (ROE) among peers: 4.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Xichang Electric Power Co Ltd (600505) | CN¥1.36 Billion | 14.27% | 2.04x | $735.13 Million |
| Shenzhen Energy Group Co Ltd (000027) | $55.83 Billion | 3.66% | 1.75x | $4.76 Billion |
| Shenzhen Nanshan Power Co Ltd (000037) | $1.70 Billion | 1.76% | 1.49x | $535.60 Million |
| Guangzhou Hengyun Enterprises Holding Ltd (000531) | $3.95 Billion | 11.40% | 1.12x | $1.07 Billion |
| An Hui Wenergy Co Ltd (000543) | $16.98 Billion | 2.94% | 1.66x | $2.68 Billion |
| Jointo Energy Investment Co Ltd Hebei (000600) | $304.81 Million | 5.82% | 0.96x | $2.51 Billion |
| Guangdong Shaoneng Group Co Ltd (000601) | $1.29 Billion | 9.77% | 0.54x | $1.02 Billion |
| Tianjin Binhai Energy & Development Co Ltd (000695) | $233.44 Million | 12.05% | 1.68x | $525.65 Million |
| Shanxi Zhangze Electric Power Co Ltd (000767) | $8.06 Billion | 3.96% | 5.25x | $1.70 Billion |
| Jilin Power Share Co Ltd (000875) | $4.30 Billion | 1.91% | 3.25x | $3.47 Billion |
| Jiangxi Ganneng Co Ltd (000899) | $4.70 Billion | -5.28% | 1.10x | $1.78 Billion |
About Sichuan Xichang Electric Power Co Ltd
Sichuan Xichang Electric Power Co.,Ltd. engages in generation, supply, distribution, and sale of hydropower in Liangshan prefecture, Sichuan province, China. It is also engaged in the investment, construction, and operation of photovoltaic power station projects; power engineering design and installation; and new energy development activities. As of December 31, 2024, the company had an installed… Read more