Shenergy Co Ltd (600642) - Net Assets
Based on the latest financial reports, Shenergy Co Ltd (600642) has net assets worth CN¥51.46 Billion CNY (≈ $7.53 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥112.19 Billion ≈ $16.42 Billion USD) and total liabilities (CN¥60.73 Billion ≈ $8.89 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 tangible is Shenergy Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥51.46 Billion |
| % of Total Assets | 45.87% |
| Annual Growth Rate | 8.86% |
| 5-Year Change | 30.66% |
| 10-Year Change | 53.23% |
| Growth Volatility | 13.69 |
Shenergy Co Ltd - Net Assets Trend (1992–2025)
This chart illustrates how Shenergy Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Shenergy Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenergy Co Ltd (1992–2025)
The table below shows the annual net assets of Shenergy Co Ltd from 1992 to 2025. For live valuation and market cap data, see market value of Shenergy Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥50.35 Billion ≈ $7.37 Billion |
+9.63% |
| 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 1157658868277.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥11.58 Billion | 27.76% |
| Other Components | CN¥30.12 Billion | 72.24% |
| Total Equity | CN¥41.70 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 |
|---|---|
|
Etsy, Inc.
NYSE:ETSY
|
$6.53 Billion |
|
Taiwan Glass Ind Corp
TW:1802
|
$6.53 Billion |
|
Enpro Industries
NYSE:NPO
|
$6.53 Billion |
|
Mirum Pharmaceuticals Inc
NASDAQ:MIRM
|
$6.53 Billion |
|
New China Life Insurance Company Ltd
F:NCL
|
$6.53 Billion |
|
Cpi Property Group SA
XETRA:O5G
|
$6.53 Billion |
|
Zhejiang Yinlun Machinery Co Ltd
SHE:002126
|
$6.53 Billion |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378
|
$6.52 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 2024 to 2025, total equity changed from 37,766,086,000 to 41,697,986,974, a change of 3,931,900,974 (10.4%).
- Net income of 4,013,390,355 contributed positively to equity growth.
- Dividend payments of 3,170,550,385 reduced retained earnings.
- Other comprehensive income decreased equity by 16,493,830,000.
- Other factors increased equity by 19,582,891,004.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.01 Billion | +9.62% |
| Dividends Paid | CN¥3.17 Billion | -7.6% |
| Other Comprehensive Income | CN¥-16.49 Billion | -39.56% |
| Other Changes | CN¥19.58 Billion | +46.96% |
| Total Change | CN¥- | 10.41% |
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: 1.07x
- 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 10.35x to 1.07x 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¥9.12 | x |
| 1994-12-31 | CN¥0.93 | CN¥9.12 | x |
| 1995-12-31 | CN¥0.89 | CN¥9.12 | x |
| 1996-12-31 | CN¥1.12 | CN¥9.12 | x |
| 1997-12-31 | CN¥1.24 | CN¥9.12 | x |
| 1998-12-31 | CN¥1.57 | CN¥9.12 | x |
| 1999-12-31 | CN¥1.05 | CN¥9.12 | x |
| 2000-12-31 | CN¥1.18 | CN¥9.12 | x |
| 2001-12-31 | CN¥1.24 | CN¥9.12 | x |
| 2002-12-31 | CN¥1.78 | CN¥9.12 | x |
| 2003-12-31 | CN¥2.06 | CN¥9.12 | x |
| 2004-12-31 | CN¥2.21 | CN¥9.12 | x |
| 2005-12-31 | CN¥2.41 | CN¥9.12 | x |
| 2006-12-31 | CN¥2.84 | CN¥9.12 | x |
| 2007-12-31 | CN¥3.22 | CN¥9.12 | x |
| 2008-12-31 | CN¥3.01 | CN¥9.12 | x |
| 2009-12-31 | CN¥3.53 | CN¥9.12 | x |
| 2010-12-31 | CN¥4.03 | CN¥9.12 | x |
| 2011-12-31 | CN¥3.95 | CN¥9.12 | x |
| 2012-12-31 | CN¥4.10 | CN¥9.12 | x |
| 2013-12-31 | CN¥4.63 | CN¥9.12 | x |
| 2014-12-31 | CN¥5.10 | CN¥9.12 | x |
| 2015-12-31 | CN¥5.24 | CN¥9.12 | x |
| 2016-12-31 | CN¥5.57 | CN¥9.12 | x |
| 2017-12-31 | CN¥5.60 | CN¥9.12 | x |
| 2018-12-31 | CN¥5.70 | CN¥9.12 | x |
| 2019-12-31 | CN¥6.25 | CN¥9.12 | x |
| 2020-12-31 | CN¥6.28 | CN¥9.12 | x |
| 2021-12-31 | CN¥6.34 | CN¥9.12 | x |
| 2022-12-31 | CN¥6.30 | CN¥9.12 | x |
| 2023-12-31 | CN¥6.88 | CN¥9.12 | x |
| 2024-12-31 | CN¥7.68 | CN¥9.12 | x |
| 2025-12-31 | CN¥8.52 | CN¥9.12 | 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): 9.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.32%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.67x
- Recent ROE (9.62%) is below the historical average (11.42%), 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 |
| 2025 | 9.62% | 14.32% | 0.25x | 2.67x | CN¥-156.41 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: $1,566,956,714
- Average return on equity (ROE) among peers: 9.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenergy Co Ltd (600642) | CN¥51.46 Billion | 12.38% | 1.18x | $6.53 Billion |
| Shenyang Huitian Thermal Power Co Ltd (000692) | $116.49 Million | 13.60% | 3.09x | $333.71 Million |
| Sichuan Mingxing Electric Power Co Ltd (600101) | $1.63 Billion | 6.77% | 0.56x | $696.67 Million |
| Shenyang Jinshan Energy Co Ltd (600396) | $2.97 Billion | 9.33% | 4.06x | $3.53 Billion |
| Fujian Funeng Co Ltd (600483) | $778.00 Million | 2.92% | 0.54x | $4.54 Billion |
| Xinjiang Tianfu Energy Co Ltd (600509) | $152.35 Million | 21.03% | 1.98x | $1.66 Billion |
| Hunan Chen Dian International Development Co Ltd (600969) | $3.75 Billion | 1.47% | 2.51x | $463.52 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 industry, 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 … Read more