Shenergy Co Ltd

SHG:600642 China Utilities - Diversified
Market Cap
$6.13 Billion
CN¥44.98 Billion CNY
Market Cap Rank
#4851 Global
#560 in China
Share Price
CN¥9.19
Change (1 day)
+0.55%
52-Week Range
CN¥7.63 - CN¥9.40
All Time High
CN¥9.53
Categories
Companies in China Utilities - Diversified
About

Shenergy Company Limited engages in the development, investment, and operation of raw materials and projects related to energy construction in China. It is involved in the electricity and heat production and supply, and the generation of power through coal, gas, and wind. The company was founded in 1992 and is headquartered in Shanghai, China. Shenergy Company Limited is a subsidiary of Shenergy … Read more

Shenergy Co Ltd (600642) - Net Assets

Latest net assets as of September 2025: CN¥45.56 Billion CNY

Based on the latest financial reports, Shenergy Co Ltd (600642) has net assets worth CN¥45.56 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¥109.16 Billion) and total liabilities (CN¥63.60 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¥45.56 Billion
% of Total Assets 41.74%
Annual Growth Rate 8.83%
5-Year Change 17.95%
10-Year Change 48.73%
Growth Volatility 13.9

Shenergy Co Ltd - Net Assets Trend (1992–2024)

This chart illustrates how Shenergy 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 Shenergy Co Ltd (1992–2024)

The table below shows the annual net assets of Shenergy Co Ltd from 1992 to 2024.

Year Net Assets Change
2024-12-31 CN¥45.92 Billion +11.19%
2023-12-31 CN¥41.30 Billion +8.23%
2022-12-31 CN¥38.16 Billion -0.97%
2021-12-31 CN¥38.53 Billion -1.03%
2020-12-31 CN¥38.94 Billion +2.83%
2019-12-31 CN¥37.86 Billion +10.46%
2018-12-31 CN¥34.28 Billion +2.52%
2017-12-31 CN¥33.44 Billion +1.76%
2016-12-31 CN¥32.86 Billion +6.41%
2015-12-31 CN¥30.88 Billion +3.26%
2014-12-31 CN¥29.90 Billion +8.54%
2013-12-31 CN¥27.55 Billion +7.97%
2012-12-31 CN¥25.52 Billion +3.88%
2011-12-31 CN¥24.57 Billion +4.22%
2010-12-31 CN¥23.57 Billion +16.17%
2009-12-31 CN¥20.29 Billion +13.82%
2008-12-31 CN¥17.83 Billion -5.60%
2007-12-31 CN¥18.89 Billion +28.00%
2006-12-31 CN¥14.75 Billion +27.09%
2005-12-31 CN¥11.61 Billion +7.95%
2004-12-31 CN¥10.75 Billion +7.34%
2003-12-31 CN¥10.02 Billion +29.44%
2002-12-31 CN¥7.74 Billion +51.83%
2001-12-31 CN¥5.10 Billion +5.47%
2000-12-31 CN¥4.83 Billion +13.11%
1999-12-31 CN¥4.27 Billion -33.38%
1998-12-31 CN¥6.41 Billion +24.52%
1997-12-31 CN¥5.15 Billion +12.01%
1996-12-31 CN¥4.60 Billion +23.48%
1995-12-31 CN¥3.72 Billion -3.35%
1994-12-31 CN¥3.85 Billion +5.94%
1993-12-31 CN¥3.64 Billion +18.82%
1992-12-31 CN¥3.06 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Shenergy 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 1009194100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥10.09 Billion 26.72%
Common Stock CN¥4.89 Billion 12.96%
Other Comprehensive Income CN¥16.49 Billion 43.67%
Other Components CN¥6.29 Billion 16.65%
Total Equity CN¥37.77 Billion 100.00%

Shenergy Co Ltd Competitors by Market Cap

The table below lists competitors of Shenergy Co Ltd ranked by their market capitalization.

Company Market Cap
Kinetik Holdings Inc
NYSE:KNTK
 		$2.08 Billion
Henan Mingtai Al.Industrial Co Ltd
SHG:601677
 		$2.08 Billion
Emlak Konut Gayrimenkul Yatirim Ortakligi AS
IS:EKGYO
 		$2.09 Billion
GE T&D India Limited
NSE:GET&D
 		$2.09 Billion
Hutchison Port Holdings Trust
PINK:HUPHY
 		$2.08 Billion
Zabka Group S.A.
WAR:ZAB
 		$2.08 Billion
Konica Minolta Inc
PINK:KNCAY
 		$2.08 Billion
Knowles Corp.
LSE:0JRJ
 		$2.08 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 33,538,079,771 to 37,766,086,000, a change of 4,228,006,229 (12.6%).
  • Net income of 3,944,332,275 contributed positively to equity growth.
  • Dividend payments of 2,955,152,732 reduced retained earnings.
  • Share repurchases of 506,620 reduced equity.
  • Other comprehensive income increased equity by 267,024,957.
  • Other factors increased equity by 2,972,308,349.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥3.94 Billion +10.44%
Dividends Paid CN¥2.96 Billion -7.82%
Share Repurchases CN¥506.62K -0.0%
Other Comprehensive Income CN¥267.02 Million +0.71%
Other Changes CN¥2.97 Billion +7.87%
Total Change CN¥- 12.61%

Book Value vs Market Value Analysis

This analysis compares Shenergy 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: 1.20x
  • 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 10.43x to 1.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.88 CN¥9.19 x
1994-12-31 CN¥0.93 CN¥9.19 x
1995-12-31 CN¥0.89 CN¥9.19 x
1996-12-31 CN¥1.12 CN¥9.19 x
1997-12-31 CN¥1.24 CN¥9.19 x
1998-12-31 CN¥1.57 CN¥9.19 x
1999-12-31 CN¥1.05 CN¥9.19 x
2000-12-31 CN¥1.18 CN¥9.19 x
2001-12-31 CN¥1.24 CN¥9.19 x
2002-12-31 CN¥1.78 CN¥9.19 x
2003-12-31 CN¥2.06 CN¥9.19 x
2004-12-31 CN¥2.21 CN¥9.19 x
2005-12-31 CN¥2.41 CN¥9.19 x
2006-12-31 CN¥2.84 CN¥9.19 x
2007-12-31 CN¥3.22 CN¥9.19 x
2008-12-31 CN¥3.01 CN¥9.19 x
2009-12-31 CN¥3.53 CN¥9.19 x
2010-12-31 CN¥4.03 CN¥9.19 x
2011-12-31 CN¥3.95 CN¥9.19 x
2012-12-31 CN¥4.10 CN¥9.19 x
2013-12-31 CN¥4.63 CN¥9.19 x
2014-12-31 CN¥5.10 CN¥9.19 x
2015-12-31 CN¥5.24 CN¥9.19 x
2016-12-31 CN¥5.57 CN¥9.19 x
2017-12-31 CN¥5.60 CN¥9.19 x
2018-12-31 CN¥5.70 CN¥9.19 x
2019-12-31 CN¥6.25 CN¥9.19 x
2020-12-31 CN¥6.28 CN¥9.19 x
2021-12-31 CN¥6.34 CN¥9.19 x
2022-12-31 CN¥6.30 CN¥9.19 x
2023-12-31 CN¥6.88 CN¥9.19 x
2024-12-31 CN¥7.68 CN¥9.19 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenergy 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): 10.44%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.32%
  • • Asset Turnover: 0.29x
  • • Equity Multiplier: 2.69x
  • Recent ROE (10.44%) is below the historical average (11.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 12.38% 1294.22% 0.01x 1.66x CN¥85.04 Million
1994 12.92% 841.92% 0.01x 1.89x CN¥110.45 Million
1995 14.09% 433.27% 0.01x 2.37x CN¥147.37 Million
1996 12.26% 415.67% 0.01x 2.18x CN¥102.94 Million
1997 18.50% 1034.49% 0.01x 1.96x CN¥429.01 Million
1998 12.68% 888.88% 0.01x 1.68x CN¥171.04 Million
1999 12.70% 47.08% 0.09x 2.91x CN¥114.55 Million
2000 30.57% 102.76% 0.14x 2.07x CN¥984.65 Million
2001 22.92% 57.64% 0.20x 1.97x CN¥651.30 Million
2002 14.35% 36.68% 0.21x 1.87x CN¥313.72 Million
2003 13.57% 30.58% 0.24x 1.82x CN¥298.43 Million
2004 12.93% 20.22% 0.32x 2.00x CN¥262.59 Million
2005 13.84% 16.99% 0.44x 1.84x CN¥375.00 Million
2006 14.24% 19.35% 0.40x 1.83x CN¥510.52 Million
2007 13.18% 22.48% 0.30x 1.98x CN¥448.26 Million
2008 4.51% 4.59% 0.41x 2.38x CN¥-722.00 Million
2009 10.47% 10.40% 0.49x 2.07x CN¥71.33 Million
2010 7.75% 7.19% 0.53x 2.03x CN¥-398.90 Million
2011 7.62% 6.28% 0.64x 1.89x CN¥-443.31 Million
2012 8.02% 6.45% 0.64x 1.94x CN¥-384.37 Million
2013 11.58% 9.51% 0.62x 1.96x CN¥334.36 Million
2014 9.06% 8.23% 0.60x 1.83x CN¥-217.30 Million
2015 8.93% 7.44% 0.56x 2.16x CN¥-256.15 Million
2016 9.72% 8.87% 0.52x 2.12x CN¥-70.79 Million
2017 6.82% 5.36% 0.60x 2.12x CN¥-808.36 Million
2018 7.04% 5.04% 0.61x 2.30x CN¥-769.38 Million
2019 7.72% 5.89% 0.57x 2.30x CN¥-673.86 Million
2020 7.76% 12.14% 0.26x 2.47x CN¥-692.29 Million
2021 4.98% 5.95% 0.29x 2.91x CN¥-1.55 Billion
2022 3.51% 3.84% 0.31x 2.91x CN¥-2.00 Billion
2023 10.31% 11.87% 0.31x 2.81x CN¥104.85 Million
2024 10.44% 13.32% 0.29x 2.69x CN¥167.72 Million

Industry Comparison

This section compares Shenergy Co Ltd's net assets metrics with peer companies in the Utilities - Diversified industry.

Industry Context

  • Industry: Utilities - Diversified
  • Average net assets among peers: $6,994,177,500
  • Average return on equity (ROE) among peers: 7.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenergy Co Ltd (600642) CN¥45.56 Billion 12.38% 1.40x $2.08 Billion
Shenyang Huitian Thermal Power Co Ltd (000692) $1.25 Billion 2.28% 1.65x $216.58 Million
Shenyang Jinshan Energy Co Ltd (600396) $1.97 Billion 5.60% 6.50x $319.56 Million
Fujian Funeng Co Ltd (600483) $24.52 Billion 10.58% 0.98x $1.36 Billion
Hunan Chen Dian International Development Co Ltd (600969) $230.03 Million 11.36% 1.12x $327.07 Million