Dalian Thermal Power Co Ltd

SHG:600719 China Utilities - Independent Power Producers
Market Cap
$372.77 Million
CN¥2.74 Billion CNY
Market Cap Rank
#13821 Global
#3580 in China
Share Price
CN¥6.76
Change (1 day)
-2.73%
52-Week Range
CN¥5.59 - CN¥7.22
All Time High
CN¥11.78
Categories
Companies in China Utilities - Independent Power Producers
About

Dalian Thermal Power Co., Ltd. engages in the cogeneration and central heating business in China. The company produces hot water through coal-fired boilers to supply heat. It also provides combined heat and power for heating; and produces electricity, steam, and high-temperature water through power plants. In addition, the company purchases and sells industrial production materials. It provides i… Read more

Dalian Thermal Power Co Ltd (600719) - Net Assets

Latest net assets as of September 2025: CN¥294.61 Million CNY

Based on the latest financial reports, Dalian Thermal Power Co Ltd (600719) has net assets worth CN¥294.61 Million 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¥2.48 Billion) and total liabilities (CN¥2.19 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¥294.61 Million
% of Total Assets 11.87%
Annual Growth Rate 2.58%
5-Year Change -45.82%
10-Year Change -43.92%
Growth Volatility 20.95

Dalian Thermal Power Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Dalian Thermal 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 Dalian Thermal Power Co Ltd (1995–2024)

The table below shows the annual net assets of Dalian Thermal Power Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥402.91 Million -26.49%
2023-12-31 CN¥548.12 Million +24.25%
2022-12-31 CN¥441.16 Million -26.12%
2021-12-31 CN¥597.16 Million -19.70%
2020-12-31 CN¥743.61 Million +0.82%
2019-12-31 CN¥737.60 Million +1.27%
2018-12-31 CN¥728.35 Million +0.21%
2017-12-31 CN¥726.86 Million -0.15%
2016-12-31 CN¥727.95 Million +1.33%
2015-12-31 CN¥718.40 Million +0.56%
2014-12-31 CN¥714.44 Million +1.19%
2013-12-31 CN¥706.02 Million +0.45%
2012-12-31 CN¥702.88 Million +0.40%
2011-12-31 CN¥700.06 Million -6.51%
2010-12-31 CN¥748.77 Million +1.01%
2009-12-31 CN¥741.32 Million +1.37%
2008-12-31 CN¥731.28 Million +0.75%
2007-12-31 CN¥725.81 Million +1.39%
2006-12-31 CN¥715.88 Million -2.98%
2005-12-31 CN¥737.84 Million -1.48%
2004-12-31 CN¥748.89 Million +2.33%
2003-12-31 CN¥731.83 Million -1.07%
2002-12-31 CN¥739.74 Million +10.41%
2001-12-31 CN¥669.98 Million +5.16%
2000-12-31 CN¥637.09 Million -1.91%
1999-12-31 CN¥649.47 Million +43.17%
1998-12-31 CN¥453.63 Million +11.82%
1997-12-31 CN¥405.66 Million +9.32%
1996-12-31 CN¥371.07 Million +92.68%
1995-12-31 CN¥192.59 Million --

Equity Component Analysis

This analysis shows how different components contribute to Dalian Thermal 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 1176.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥404.60 Million 100.42%
Other Comprehensive Income CN¥182.38 Million 45.26%
Other Components CN¥96.80 Million 24.02%
Total Equity CN¥402.91 Million 100.00%

Dalian Thermal Power Co Ltd Competitors by Market Cap

The table below lists competitors of Dalian Thermal Power Co Ltd ranked by their market capitalization.

Company Market Cap
PVA TePla AG
PINK:TPLKF
 		$250.14 Million
A.F.P. Habitat
SN:HABITAT
 		$250.17 Million
Shanghai Lisheng Racing Co Ltd
SHE:002858
 		$250.22 Million
Phihong Technology Co Ltd
TW:2457
 		$250.30 Million
FineMark Holdings Inc
OTCQX:FNBT
 		$250.09 Million
Fastighetsbolaget Emilshus AB Pfd
ST:EMIL-PREF
 		$250.06 Million
SFA Engineering Corporation
KQ:056190
 		$250.00 Million
American Coastal Insurance Corp
NASDAQ:ACIC
 		$250.00 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 548,121,239 to 402,913,265, a change of -145,207,974 (-26.5%).
  • Net loss of 145,939,387 reduced equity.
  • Dividend payments of 83,379,296 reduced retained earnings.
  • Other comprehensive income increased equity by 731,414.
  • Other factors increased equity by 83,379,295.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-145.94 Million -36.22%
Dividends Paid CN¥83.38 Million -20.69%
Other Comprehensive Income CN¥731.41K +0.18%
Other Changes CN¥83.38 Million +20.69%
Total Change CN¥- -26.49%

Book Value vs Market Value Analysis

This analysis compares Dalian Thermal 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: 6.79x
  • 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 14.20x to 6.79x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.48 CN¥6.76 x
1996-12-31 CN¥0.92 CN¥6.76 x
1997-12-31 CN¥1.00 CN¥6.76 x
1998-12-31 CN¥1.12 CN¥6.76 x
1999-12-31 CN¥1.60 CN¥6.76 x
2000-12-31 CN¥1.57 CN¥6.76 x
2001-12-31 CN¥1.66 CN¥6.76 x
2002-12-31 CN¥1.74 CN¥6.76 x
2003-12-31 CN¥1.73 CN¥6.76 x
2004-12-31 CN¥1.77 CN¥6.76 x
2005-12-31 CN¥1.75 CN¥6.76 x
2006-12-31 CN¥1.77 CN¥6.76 x
2007-12-31 CN¥1.79 CN¥6.76 x
2008-12-31 CN¥1.81 CN¥6.76 x
2009-12-31 CN¥1.84 CN¥6.76 x
2010-12-31 CN¥1.86 CN¥6.76 x
2011-12-31 CN¥1.73 CN¥6.76 x
2012-12-31 CN¥1.75 CN¥6.76 x
2013-12-31 CN¥1.74 CN¥6.76 x
2014-12-31 CN¥1.76 CN¥6.76 x
2015-12-31 CN¥1.76 CN¥6.76 x
2016-12-31 CN¥1.82 CN¥6.76 x
2017-12-31 CN¥1.73 CN¥6.76 x
2018-12-31 CN¥1.88 CN¥6.76 x
2019-12-31 CN¥1.82 CN¥6.76 x
2020-12-31 CN¥1.84 CN¥6.76 x
2021-12-31 CN¥1.48 CN¥6.76 x
2022-12-31 CN¥1.09 CN¥6.76 x
2023-12-31 CN¥1.35 CN¥6.76 x
2024-12-31 CN¥1.00 CN¥6.76 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dalian Thermal 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): -36.22%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -23.22%
  • • Asset Turnover: 0.23x
  • • Equity Multiplier: 6.74x
  • Recent ROE (-36.22%) is below the historical average (1.09%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 15.93% 14.26% 0.42x 2.67x CN¥11.43 Million
1996 20.85% 29.79% 0.35x 1.98x CN¥40.24 Million
1997 12.85% 19.99% 0.32x 1.99x CN¥11.57 Million
1998 10.89% 17.91% 0.28x 2.20x CN¥4.02 Million
1999 6.50% 15.18% 0.26x 1.66x CN¥-22.70 Million
2000 9.60% 19.08% 0.27x 1.88x CN¥-2.56 Million
2001 8.20% 14.77% 0.25x 2.24x CN¥-12.07 Million
2002 4.21% 7.99% 0.22x 2.43x CN¥-40.74 Million
2003 2.40% 4.12% 0.26x 2.22x CN¥-53.04 Million
2004 2.67% 4.15% 0.28x 2.26x CN¥-52.61 Million
2005 1.58% 2.10% 0.31x 2.46x CN¥-59.62 Million
2006 2.73% 3.29% 0.35x 2.37x CN¥-52.03 Million
2007 2.65% 3.20% 0.34x 2.47x CN¥-53.33 Million
2008 1.58% 1.98% 0.31x 2.53x CN¥-61.59 Million
2009 1.90% 2.25% 0.34x 2.47x CN¥-60.01 Million
2010 1.67% 1.88% 0.45x 1.98x CN¥-62.37 Million
2011 -6.58% -6.93% 0.46x 2.09x CN¥-116.09 Million
2012 0.40% 0.42% 0.46x 2.08x CN¥-67.47 Million
2013 0.59% 0.62% 0.48x 1.98x CN¥-66.45 Million
2014 1.35% 1.39% 0.54x 1.81x CN¥-61.77 Million
2015 1.48% 1.55% 0.47x 2.04x CN¥-61.20 Million
2016 1.87% 1.92% 0.42x 2.29x CN¥-59.20 Million
2017 0.46% 0.43% 0.50x 2.17x CN¥-69.33 Million
2018 0.37% 0.37% 0.35x 2.83x CN¥-70.13 Million
2019 1.53% 1.47% 0.34x 3.07x CN¥-62.49 Million
2020 1.30% 1.43% 0.25x 3.64x CN¥-64.70 Million
2021 -23.98% -21.71% 0.23x 4.71x CN¥-202.94 Million
2022 -35.49% -19.40% 0.30x 6.06x CN¥-200.66 Million
2023 19.26% 16.69% 0.22x 5.13x CN¥50.75 Million
2024 -36.22% -23.22% 0.23x 6.74x CN¥-186.23 Million

Industry Comparison

This section compares Dalian Thermal 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: $36,798,219,494
  • Average return on equity (ROE) among peers: 2.08%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Dalian Thermal Power Co Ltd (600719) CN¥294.61 Million 15.93% 7.42x $250.11 Million
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
Beijing Jingneng Power Co Ltd (600578) $26.29 Billion -11.86% 2.14x $1.37 Billion
Sichuan Chuantou Energy Co Ltd (600674) $609.21 Million 10.97% 0.54x $3.44 Billion
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