Shenergy Co Ltd (600642) - Net Assets
Based on the latest financial reports, Shenergy Co Ltd (600642) has net assets worth CN¥45.56 Billion CNY (≈ $6.67 Billion 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¥109.16 Billion ≈ $15.97 Billion USD) and total liabilities (CN¥63.60 Billion ≈ $9.31 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 Shenergy Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore Shenergy Co Ltd (600642) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Shenergy Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥45.92 Billion ≈ $6.72 Billion |
+11.19% |
| 2023-12-31 | CN¥41.30 Billion ≈ $6.04 Billion |
+8.23% |
| 2022-12-31 | CN¥38.16 Billion ≈ $5.58 Billion |
-0.97% |
| 2021-12-31 | CN¥38.53 Billion ≈ $5.64 Billion |
-1.03% |
| 2020-12-31 | CN¥38.94 Billion ≈ $5.70 Billion |
+2.83% |
| 2019-12-31 | CN¥37.86 Billion ≈ $5.54 Billion |
+10.46% |
| 2018-12-31 | CN¥34.28 Billion ≈ $5.02 Billion |
+2.52% |
| 2017-12-31 | CN¥33.44 Billion ≈ $4.89 Billion |
+1.76% |
| 2016-12-31 | CN¥32.86 Billion ≈ $4.81 Billion |
+6.41% |
| 2015-12-31 | CN¥30.88 Billion ≈ $4.52 Billion |
+3.26% |
| 2014-12-31 | CN¥29.90 Billion ≈ $4.38 Billion |
+8.54% |
| 2013-12-31 | CN¥27.55 Billion ≈ $4.03 Billion |
+7.97% |
| 2012-12-31 | CN¥25.52 Billion ≈ $3.73 Billion |
+3.88% |
| 2011-12-31 | CN¥24.57 Billion ≈ $3.59 Billion |
+4.22% |
| 2010-12-31 | CN¥23.57 Billion ≈ $3.45 Billion |
+16.17% |
| 2009-12-31 | CN¥20.29 Billion ≈ $2.97 Billion |
+13.82% |
| 2008-12-31 | CN¥17.83 Billion ≈ $2.61 Billion |
-5.60% |
| 2007-12-31 | CN¥18.89 Billion ≈ $2.76 Billion |
+28.00% |
| 2006-12-31 | CN¥14.75 Billion ≈ $2.16 Billion |
+27.09% |
| 2005-12-31 | CN¥11.61 Billion ≈ $1.70 Billion |
+7.95% |
| 2004-12-31 | CN¥10.75 Billion ≈ $1.57 Billion |
+7.34% |
| 2003-12-31 | CN¥10.02 Billion ≈ $1.47 Billion |
+29.44% |
| 2002-12-31 | CN¥7.74 Billion ≈ $1.13 Billion |
+51.83% |
| 2001-12-31 | CN¥5.10 Billion ≈ $745.97 Million |
+5.47% |
| 2000-12-31 | CN¥4.83 Billion ≈ $707.28 Million |
+13.11% |
| 1999-12-31 | CN¥4.27 Billion ≈ $625.31 Million |
-33.38% |
| 1998-12-31 | CN¥6.41 Billion ≈ $938.64 Million |
+24.52% |
| 1997-12-31 | CN¥5.15 Billion ≈ $753.81 Million |
+12.01% |
| 1996-12-31 | CN¥4.60 Billion ≈ $672.99 Million |
+23.48% |
| 1995-12-31 | CN¥3.72 Billion ≈ $545.03 Million |
-3.35% |
| 1994-12-31 | CN¥3.85 Billion ≈ $563.89 Million |
+5.94% |
| 1993-12-31 | CN¥3.64 Billion ≈ $532.28 Million |
+18.82% |
| 1992-12-31 | CN¥3.06 Billion ≈ $447.98 Million |
-- |
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 |
|---|---|
|
FRAPORT AG ADR 2/1 O.N.
F:FRAS
|
$6.49 Billion |
|
Shenzhen Honor Electronic Co Ltd
SHE:300870
|
$6.49 Billion |
|
Covivio SA
PA:COV
|
$6.50 Billion |
|
Samsung Securities
KO:016360
|
$6.51 Billion |
|
Fraport AG
XETRA:FRA
|
$6.48 Billion |
|
IDFC First Bank Limited
NSE:IDFCFIRSTB
|
$6.48 Billion |
|
Halyk Bank of Kazakhstan Joint Stock Company
IL:HSBK
|
$6.48 Billion |
|
Technology One Ltd
AU:TNE
|
$6.47 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: 1.18x
- 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 10.28x to 1.18x 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¥9.06 | x |
| 1994-12-31 | CN¥0.93 | CN¥9.06 | x |
| 1995-12-31 | CN¥0.89 | CN¥9.06 | x |
| 1996-12-31 | CN¥1.12 | CN¥9.06 | x |
| 1997-12-31 | CN¥1.24 | CN¥9.06 | x |
| 1998-12-31 | CN¥1.57 | CN¥9.06 | x |
| 1999-12-31 | CN¥1.05 | CN¥9.06 | x |
| 2000-12-31 | CN¥1.18 | CN¥9.06 | x |
| 2001-12-31 | CN¥1.24 | CN¥9.06 | x |
| 2002-12-31 | CN¥1.78 | CN¥9.06 | x |
| 2003-12-31 | CN¥2.06 | CN¥9.06 | x |
| 2004-12-31 | CN¥2.21 | CN¥9.06 | x |
| 2005-12-31 | CN¥2.41 | CN¥9.06 | x |
| 2006-12-31 | CN¥2.84 | CN¥9.06 | x |
| 2007-12-31 | CN¥3.22 | CN¥9.06 | x |
| 2008-12-31 | CN¥3.01 | CN¥9.06 | x |
| 2009-12-31 | CN¥3.53 | CN¥9.06 | x |
| 2010-12-31 | CN¥4.03 | CN¥9.06 | x |
| 2011-12-31 | CN¥3.95 | CN¥9.06 | x |
| 2012-12-31 | CN¥4.10 | CN¥9.06 | x |
| 2013-12-31 | CN¥4.63 | CN¥9.06 | x |
| 2014-12-31 | CN¥5.10 | CN¥9.06 | x |
| 2015-12-31 | CN¥5.24 | CN¥9.06 | x |
| 2016-12-31 | CN¥5.57 | CN¥9.06 | x |
| 2017-12-31 | CN¥5.60 | CN¥9.06 | x |
| 2018-12-31 | CN¥5.70 | CN¥9.06 | x |
| 2019-12-31 | CN¥6.25 | CN¥9.06 | x |
| 2020-12-31 | CN¥6.28 | CN¥9.06 | x |
| 2021-12-31 | CN¥6.34 | CN¥9.06 | x |
| 2022-12-31 | CN¥6.30 | CN¥9.06 | x |
| 2023-12-31 | CN¥6.88 | CN¥9.06 | x |
| 2024-12-31 | CN¥7.68 | CN¥9.06 | 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: $2,639,028,191
- Average return on equity (ROE) among peers: -46.19%
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 | $6.49 Billion |
| Shenyang Huitian Thermal Power Co Ltd (000692) | $354.92 Million | -273.56% | 13.09x | $389.85 Million |
| Sichuan Mingxing Electric Power Co Ltd (600101) | $1.40 Billion | 6.03% | 0.85x | $787.26 Million |
| Shenyang Jinshan Energy Co Ltd (600396) | $4.38 Billion | 0.49% | 3.66x | $2.14 Billion |
| Fujian Funeng Co Ltd (600483) | $7.01 Billion | 15.17% | 1.12x | $4.07 Billion |
| Xinjiang Tianfu Energy Co Ltd (600509) | $2.07 Billion | 7.01% | 2.72x | $1.63 Billion |
| Hunan Chen Dian International Development Co Ltd (600969) | $617.06 Million | -32.30% | 2.80x | $537.71 Million |
About Shenergy Co Ltd
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