Beijing Jingneng Power Co Ltd

SHG:600578 China Utilities - Independent Power Producers
Market Cap
$5.16 Billion
CN¥37.89 Billion CNY
Market Cap Rank
#6156 Global
#905 in China
Share Price
CN¥5.66
Change (1 day)
-3.90%
52-Week Range
CN¥3.39 - CN¥5.89
All Time High
CN¥5.89
Categories
Companies in China Utilities - Independent Power Producers
About

Beijing Jingneng Power Co., Ltd. produces and sells electric power and heat products in China. The company is involved in coal-fired power generation, heat supply, and new energy power generation businesses, such as wind power, photovoltaics, and energy storage. It also invests in power projects and coal mines. In addition, the company operates electric power equipment, testing, and repair of pow… Read more

Beijing Jingneng Power Co Ltd (600578) - Net Assets

Latest net assets as of September 2025: CN¥30.99 Billion CNY

Based on the latest financial reports, Beijing Jingneng Power Co Ltd (600578) has net assets worth CN¥30.99 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¥98.22 Billion) and total liabilities (CN¥67.24 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¥30.99 Billion
% of Total Assets 31.55%
Annual Growth Rate 17.61%
5-Year Change 12.51%
10-Year Change 76.74%
Growth Volatility 42.12

Beijing Jingneng Power Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Beijing Jingneng Power 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 Beijing Jingneng Power Co Ltd (2000–2024)

The table below shows the annual net assets of Beijing Jingneng Power Co Ltd from 2000 to 2024.

Year Net Assets Change
2024-12-31 CN¥35.19 Billion +22.72%
2023-12-31 CN¥28.67 Billion -2.52%
2022-12-31 CN¥29.41 Billion +11.89%
2021-12-31 CN¥26.29 Billion -15.94%
2020-12-31 CN¥31.27 Billion +7.67%
2019-12-31 CN¥29.04 Billion +5.97%
2018-12-31 CN¥27.41 Billion +3.48%
2017-12-31 CN¥26.48 Billion +8.43%
2016-12-31 CN¥24.43 Billion +22.70%
2015-12-31 CN¥19.91 Billion +10.98%
2014-12-31 CN¥17.94 Billion +8.96%
2013-12-31 CN¥16.46 Billion +46.04%
2012-12-31 CN¥11.27 Billion +207.24%
2011-12-31 CN¥3.67 Billion +10.42%
2010-12-31 CN¥3.32 Billion +55.04%
2009-12-31 CN¥2.14 Billion +14.53%
2008-12-31 CN¥1.87 Billion +9.70%
2007-12-31 CN¥1.71 Billion +8.18%
2006-12-31 CN¥1.58 Billion +1.89%
2005-12-31 CN¥1.55 Billion +3.13%
2004-12-31 CN¥1.50 Billion +3.51%
2003-12-31 CN¥1.45 Billion +9.31%
2002-12-31 CN¥1.33 Billion +58.71%
2001-12-31 CN¥835.68 Million +16.45%
2000-12-31 CN¥717.66 Million --

Equity Component Analysis

This analysis shows how different components contribute to Beijing Jingneng 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 161876.9% 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 5.15%
Common Stock CN¥6.69 Billion 23.65%
Other Comprehensive Income CN¥6.64 Billion 23.46%
Other Components CN¥13.51 Billion 47.74%
Total Equity CN¥28.31 Billion 100.00%

Beijing Jingneng Power Co Ltd Competitors by Market Cap

The table below lists competitors of Beijing Jingneng Power Co Ltd ranked by their market capitalization.

Company Market Cap
Ivanhoe Electric Inc.
NYSE MKT:IE
 		$1.37 Billion
Anhui Anke BioTech Group
SHE:300009
 		$1.37 Billion
MMG Limited
PINK:MMLTF
 		$1.37 Billion
Bossard Holding AG
OTCGREY:BHAGF
 		$1.37 Billion
Vermilion Energy Inc.
NYSE:VET
 		$1.36 Billion
Margun Enerji Uretim Sanayi ve Ticaret AS
IS:MAGEN
 		$1.36 Billion
GCI Liberty, Inc.
NASDAQ:GLIBK
 		$1.36 Billion
Guangdong Kingshine Electronic Tech
SHE:300903
 		$1.36 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Beijing Jingneng Power Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 28,079,529,455 to 28,307,607,000, a change of 228,077,545 (0.8%).
  • Net income of 1,723,178,381 contributed positively to equity growth.
  • Dividend payments of 2,206,119,521 reduced retained earnings.
  • Other comprehensive income increased equity by 1,059,849,413.
  • Other factors decreased equity by 348,830,728.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.72 Billion +6.09%
Dividends Paid CN¥2.21 Billion -7.79%
Other Comprehensive Income CN¥1.06 Billion +3.74%
Other Changes CN¥-348.83 Million -1.23%
Total Change CN¥- 0.81%

Book Value vs Market Value Analysis

This analysis compares Beijing Jingneng 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: 1.50x
  • 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 11.17x to 1.50x 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¥0.51 CN¥5.66 x
2001-12-31 CN¥0.59 CN¥5.66 x
2002-12-31 CN¥0.94 CN¥5.66 x
2003-12-31 CN¥1.02 CN¥5.66 x
2004-12-31 CN¥1.06 CN¥5.66 x
2005-12-31 CN¥1.09 CN¥5.66 x
2006-12-31 CN¥1.16 CN¥5.66 x
2007-12-31 CN¥1.17 CN¥5.66 x
2008-12-31 CN¥1.21 CN¥5.66 x
2009-12-31 CN¥1.32 CN¥5.66 x
2010-12-31 CN¥2.04 CN¥5.66 x
2011-12-31 CN¥0.77 CN¥5.66 x
2012-12-31 CN¥2.22 CN¥5.66 x
2013-12-31 CN¥2.90 CN¥5.66 x
2014-12-31 CN¥3.08 CN¥5.66 x
2015-12-31 CN¥2.66 CN¥5.66 x
2016-12-31 CN¥3.41 CN¥5.66 x
2017-12-31 CN¥3.36 CN¥5.66 x
2018-12-31 CN¥3.38 CN¥5.66 x
2019-12-31 CN¥3.50 CN¥5.66 x
2020-12-31 CN¥3.82 CN¥5.66 x
2021-12-31 CN¥3.23 CN¥5.66 x
2022-12-31 CN¥3.65 CN¥5.66 x
2023-12-31 CN¥3.50 CN¥5.66 x
2024-12-31 CN¥3.78 CN¥5.66 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beijing Jingneng 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): 6.09%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.86%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 3.42x
  • Recent ROE (6.09%) is below the historical average (8.76%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 14.26% 8.76% 0.63x 2.57x CN¥30.54 Million
2001 14.12% 10.67% 0.66x 2.01x CN¥34.46 Million
2002 6.47% 7.73% 0.53x 1.58x CN¥-46.85 Million
2003 8.52% 10.37% 0.60x 1.36x CN¥-21.51 Million
2004 10.04% 10.98% 0.71x 1.29x CN¥585.54K
2005 8.64% 8.67% 0.80x 1.24x CN¥-21.07 Million
2006 8.64% 8.99% 0.78x 1.23x CN¥-21.43 Million
2007 11.70% 11.52% 0.56x 1.82x CN¥27.57 Million
2008 8.97% 8.72% 0.34x 3.03x CN¥-17.01 Million
2009 9.46% 9.40% 0.25x 4.08x CN¥-9.85 Million
2010 9.57% 10.32% 0.28x 3.29x CN¥-12.01 Million
2011 9.48% 3.36% 0.75x 3.74x CN¥-15.91 Million
2012 18.57% 16.02% 0.35x 3.29x CN¥745.45 Million
2013 17.91% 18.48% 0.41x 2.36x CN¥1.04 Billion
2014 17.84% 19.68% 0.32x 2.80x CN¥1.12 Billion
2015 21.04% 25.37% 0.34x 2.42x CN¥1.76 Billion
2016 8.21% 15.17% 0.21x 2.62x CN¥-368.23 Million
2017 2.38% 4.37% 0.20x 2.72x CN¥-1.71 Billion
2018 3.84% 6.07% 0.21x 2.99x CN¥-1.41 Billion
2019 5.80% 7.43% 0.24x 3.24x CN¥-992.10 Million
2020 5.45% 6.95% 0.25x 3.15x CN¥-1.17 Billion
2021 -14.43% -14.01% 0.27x 3.83x CN¥-5.28 Billion
2022 3.29% 2.64% 0.36x 3.47x CN¥-1.64 Billion
2023 3.14% 2.65% 0.37x 3.20x CN¥-1.93 Billion
2024 6.09% 4.86% 0.37x 3.42x CN¥-1.11 Billion

Industry Comparison

This section compares Beijing Jingneng Power Co Ltd's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.

Industry Context

  • Industry: Utilities - Independent Power Producers
  • Average net assets among peers: $33,927,884,426
  • Average return on equity (ROE) among peers: 4.61%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Beijing Jingneng Power Co Ltd (600578) CN¥30.99 Billion 14.26% 2.17x $1.37 Billion
Guangdong Baolihua New Energy Stock Co LTD (000690) $326.87 Million 9.45% 0.52x $1.19 Billion
CGN Power (003816) $135.29 Billion 7.00% 1.87x $8.87 Billion
Henan BCCY Environmental Energy Co. Ltd (300614) $1.28 Billion -22.09% 0.72x $177.35 Million
Zhejiang Zheneng Electric Power Co Ltd (600023) $68.80 Billion 6.30% 0.64x $2.20 Billion
Sichuan Chuantou Energy Co Ltd (600674) $609.21 Million 10.97% 0.54x $3.44 Billion
Dalian Thermal Power Co Ltd (600719) $453.63 Million 10.89% 1.20x $250.11 Million
Huadian Energy (600726) $1.69 Billion 10.92% 0.48x $855.33 Million
Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd (600863) $20.59 Billion 8.58% 0.95x $2.25 Billion
Datang International Power Generation Co Ltd Class A (601991) $76.31 Billion -0.53% 3.00x $3.85 Billion