Leshan Electric Power Co Ltd

SHG:600644 China Utilities - Regulated Electric
Market Cap
$994.71 Million
CN¥7.30 Billion CNY
Market Cap Rank
#10354 Global
#2274 in China
Share Price
CN¥12.62
Change (1 day)
-3.07%
52-Week Range
CN¥6.39 - CN¥16.92
All Time High
CN¥16.92
Categories
Companies in China Utilities - Regulated Electric
About

Leshan Electric Power Co.,Ltd, together with its subsidiaries, engages in generation and supply of hydropower in China. It also involved in the production and supply of tap water and natural gas; pipeline and power installation; integrated energy businesses; energy storage technology; training, recuperation, advertising and media; and hotel business, as well as offers professional technical servi… Read more

Leshan Electric Power Co Ltd (600644) - Net Assets

Latest net assets as of September 2025: CN¥2.38 Billion CNY

Based on the latest financial reports, Leshan Electric Power Co Ltd (600644) has net assets worth CN¥2.38 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¥4.66 Billion) and total liabilities (CN¥2.28 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¥2.38 Billion
% of Total Assets 50.98%
Annual Growth Rate N/A
5-Year Change 15.56%
10-Year Change 89.36%
Growth Volatility 40.41

Leshan Electric Power Co Ltd - Net Assets Trend (1992–2024)

This chart illustrates how Leshan Electric 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 Leshan Electric Power Co Ltd (1992–2024)

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

Year Net Assets Change
2024-12-31 CN¥2.11 Billion +2.59%
2023-12-31 CN¥2.05 Billion +1.31%
2022-12-31 CN¥2.03 Billion +4.35%
2021-12-31 CN¥1.94 Billion +6.55%
2020-12-31 CN¥1.82 Billion +6.80%
2019-12-31 CN¥1.71 Billion +8.87%
2018-12-31 CN¥1.57 Billion +5.98%
2017-12-31 CN¥1.48 Billion +10.74%
2016-12-31 CN¥1.34 Billion +20.10%
2015-12-31 CN¥1.11 Billion +12.72%
2014-12-31 CN¥986.19 Million +208.59%
2013-12-31 CN¥319.58 Million -67.81%
2012-12-31 CN¥992.93 Million -10.47%
2011-12-31 CN¥1.11 Billion +6.72%
2010-12-31 CN¥1.04 Billion +5.37%
2009-12-31 CN¥986.22 Million +3.62%
2008-12-31 CN¥951.77 Million +50.03%
2007-12-31 CN¥634.38 Million +13.47%
2006-12-31 CN¥559.09 Million +5.56%
2005-12-31 CN¥529.65 Million +2.90%
2004-12-31 CN¥514.75 Million +3.20%
2003-12-31 CN¥498.78 Million +2.18%
2002-12-31 CN¥488.16 Million -5.29%
2001-12-31 CN¥515.40 Million -0.52%
2000-12-31 CN¥518.09 Million +8.46%
1999-12-31 CN¥477.67 Million +53.02%
1998-12-31 CN¥312.15 Million +9.83%
1997-12-31 CN¥284.23 Million +38.03%
1996-12-31 CN¥205.92 Million +17.06%
1995-12-31 CN¥175.90 Million +3.49%
1994-12-31 CN¥169.98 Million +14.83%
1993-12-31 CN¥148.03 Million --
1992-12-31 CN¥0.00 --

Equity Component Analysis

This analysis shows how different components contribute to Leshan 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 decreased by 19686100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥538.40 Million 29.23%
Other Components CN¥1.50 Billion 81.46%
Total Equity CN¥1.84 Billion 100.00%

Leshan Electric Power Co Ltd Competitors by Market Cap

The table below lists competitors of Leshan Electric Power Co Ltd ranked by their market capitalization.

Company Market Cap
W-SCOPE Corporation
PINK:WSPCF
 		$492.64 Million
Galimmo SA
PA:GALIM
 		$492.75 Million
Nanjing Xinjiekou Department Store Co Ltd
SHG:600682
 		$492.92 Million
Zhejiang Tianyu Pharmaceutical Co Ltd
SHE:300702
 		$493.08 Million
CH. Karnchang PCL
BK:CK
 		$492.20 Million
Rocket Internet SE
HM:RKET
 		$492.11 Million
Matas A/S
CO:MATAS
 		$492.09 Million
Dianguang Explosion-proof Technology Co Ltd
SHE:002730
 		$491.99 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,816,986,000 to 1,841,931,000, a change of 24,945,000 (1.4%).
  • Net income of 22,572,000 contributed positively to equity growth.
  • Dividend payments of 29,775,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 131,263,000.
  • Other factors increased equity by 163,411,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥22.57 Million +1.23%
Dividends Paid CN¥29.77 Million -1.62%
Other Comprehensive Income CN¥-131.26 Million -7.13%
Other Changes CN¥163.41 Million +8.87%
Total Change CN¥- 1.37%

Book Value vs Market Value Analysis

This analysis compares Leshan 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: 3.69x
  • 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 21.25x to 3.69x 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¥0.59 CN¥12.62 x
1994-12-31 CN¥0.63 CN¥12.62 x
1995-12-31 CN¥0.64 CN¥12.62 x
1996-12-31 CN¥0.76 CN¥12.62 x
1997-12-31 CN¥1.10 CN¥12.62 x
1998-12-31 CN¥1.04 CN¥12.62 x
1999-12-31 CN¥1.80 CN¥12.62 x
2000-12-31 CN¥1.91 CN¥12.62 x
2001-12-31 CN¥1.86 CN¥12.62 x
2002-12-31 CN¥1.79 CN¥12.62 x
2003-12-31 CN¥1.82 CN¥12.62 x
2004-12-31 CN¥1.95 CN¥12.62 x
2005-12-31 CN¥2.01 CN¥12.62 x
2006-12-31 CN¥2.14 CN¥12.62 x
2007-12-31 CN¥1.77 CN¥12.62 x
2008-12-31 CN¥1.97 CN¥12.62 x
2009-12-31 CN¥2.06 CN¥12.62 x
2010-12-31 CN¥2.21 CN¥12.62 x
2011-12-31 CN¥2.40 CN¥12.62 x
2012-12-31 CN¥2.36 CN¥12.62 x
2013-12-31 CN¥1.39 CN¥12.62 x
2014-12-31 CN¥2.36 CN¥12.62 x
2015-12-31 CN¥1.88 CN¥12.62 x
2016-12-31 CN¥2.27 CN¥12.62 x
2017-12-31 CN¥2.37 CN¥12.62 x
2018-12-31 CN¥2.60 CN¥12.62 x
2019-12-31 CN¥2.75 CN¥12.62 x
2020-12-31 CN¥2.95 CN¥12.62 x
2021-12-31 CN¥3.19 CN¥12.62 x
2022-12-31 CN¥3.33 CN¥12.62 x
2023-12-31 CN¥3.37 CN¥12.62 x
2024-12-31 CN¥3.42 CN¥12.62 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Leshan 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): 1.23%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.71%
  • • Asset Turnover: 0.73x
  • • Equity Multiplier: 2.39x
  • Recent ROE (1.23%) is below the historical average (1.35%), 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 13.94% 76.90% 0.13x 1.37x CN¥5.84 Million
1994 10.38% 40.24% 0.13x 2.01x CN¥599.64K
1995 11.31% 18.52% 0.26x 2.33x CN¥2.10 Million
1996 11.26% 16.17% 0.30x 2.34x CN¥2.39 Million
1997 10.22% 21.51% 0.21x 2.23x CN¥590.30K
1998 11.07% 15.41% 0.26x 2.75x CN¥2.77 Million
1999 6.50% 10.96% 0.26x 2.32x CN¥-15.66 Million
2000 8.43% 14.12% 0.26x 2.31x CN¥-7.51 Million
2001 5.71% 10.53% 0.23x 2.41x CN¥-19.94 Million
2002 0.18% 0.30% 0.24x 2.57x CN¥-43.83 Million
2003 1.63% 2.23% 0.26x 2.78x CN¥-38.03 Million
2004 6.52% 7.49% 0.33x 2.68x CN¥-16.92 Million
2005 7.99% 8.47% 0.39x 2.44x CN¥-10.08 Million
2006 9.87% 10.89% 0.42x 2.17x CN¥-698.90K
2007 10.79% 9.43% 0.51x 2.23x CN¥4.59 Million
2008 13.27% 9.95% 0.36x 3.68x CN¥21.05 Million
2009 8.43% 6.06% 0.28x 4.95x CN¥-10.58 Million
2010 8.67% 3.52% 0.49x 5.01x CN¥-9.58 Million
2011 10.18% 3.80% 0.56x 4.81x CN¥1.40 Million
2012 5.96% 3.16% 0.40x 4.75x CN¥-31.15 Million
2013 -65.58% -20.41% 0.48x 6.68x CN¥-344.12 Million
2014 -127.35% -73.99% 0.58x 2.98x CN¥-1.23 Billion
2015 11.44% 6.98% 0.68x 2.39x CN¥14.50 Million
2016 17.31% 11.10% 0.75x 2.08x CN¥89.33 Million
2017 3.36% 2.08% 0.69x 2.34x CN¥-84.61 Million
2018 5.78% 3.73% 0.65x 2.39x CN¥-59.09 Million
2019 6.02% 4.01% 0.59x 2.55x CN¥-59.02 Million
2020 6.45% 4.48% 0.57x 2.52x CN¥-56.40 Million
2021 6.84% 4.57% 0.64x 2.33x CN¥-54.37 Million
2022 3.94% 2.46% 0.71x 2.27x CN¥-108.46 Million
2023 1.34% 0.81% 0.72x 2.28x CN¥-157.40 Million
2024 1.23% 0.71% 0.73x 2.39x CN¥-161.62 Million

Industry Comparison

This section compares Leshan 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: $2,914,861,497
  • Average return on equity (ROE) among peers: 6.69%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Leshan Electric Power Co Ltd (600644) CN¥2.38 Billion 13.94% 0.96x $492.45 Million
Shenzhen Energy Group Co Ltd (000027) $8.19 Billion 8.94% 0.37x $1.14 Billion
Shenzhen Nanshan Power Co Ltd (000037) $606.17 Million 19.16% 0.66x $463.41 Million
Guangzhou Hengyun Enterprises Holding Ltd (000531) $425.31 Million 6.99% 1.07x $362.93 Million
An Hui Wenergy Co Ltd (000543) $2.32 Billion 7.87% 0.16x $1.11 Billion
Jointo Energy Investment Co Ltd Hebei (000600) $875.38 Million 4.87% 2.31x $810.91 Million
Guangdong Shaoneng Group Co Ltd (000601) $2.77 Billion 3.03% 1.64x $561.99 Million
Tianjin Binhai Energy & Development Co Ltd (000695) $345.13 Million 0.89% 2.45x $262.05 Million
Shanxi Zhangze Electric Power Co Ltd (000767) $1.84 Billion 11.37% 1.54x $768.72 Million
Jilin Power Share Co Ltd (000875) $10.34 Billion 1.11% 2.84x $2.25 Billion
Jiangxi Ganneng Co Ltd (000899) $1.43 Billion 2.70% 0.12x $507.45 Million