Datang HuaYin Electric Power Co Ltd

SHG:600744 China Utilities - Regulated Electric
Market Cap
$2.31 Billion
CN¥16.96 Billion CNY
Market Cap Rank
#7168 Global
#1187 in China
Share Price
CN¥8.35
Change (1 day)
-7.33%
52-Week Range
CN¥3.09 - CN¥9.39
All Time High
CN¥10.79
About

DaTang HuaYin Electric Power CO.,LTD engages in the power generation business in China. The company engages in thermal power generation business, as well as operates hydro, wind, and solar power projects. It serves power grid companies and power sales enterprises. The company was founded in 1993 and is based in Changsha, China.

Datang HuaYin Electric Power Co Ltd (600744) - Net Assets

Latest net assets as of September 2025: CN¥1.75 Billion CNY

Based on the latest financial reports, Datang HuaYin Electric Power Co Ltd (600744) has net assets worth CN¥1.75 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¥28.28 Billion) and total liabilities (CN¥26.53 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¥1.75 Billion
% of Total Assets 6.19%
Annual Growth Rate 4.47%
5-Year Change -40.47%
10-Year Change -54.76%
Growth Volatility 52.62

Datang HuaYin Electric Power Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Datang HuaYin 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 Datang HuaYin Electric Power Co Ltd (1995–2024)

The table below shows the annual net assets of Datang HuaYin Electric Power Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.76 Billion -3.48%
2023-12-31 CN¥1.83 Billion +21.14%
2022-12-31 CN¥1.51 Billion +127.46%
2021-12-31 CN¥662.96 Million -77.61%
2020-12-31 CN¥2.96 Billion +1.31%
2019-12-31 CN¥2.92 Billion +0.99%
2018-12-31 CN¥2.89 Billion +0.72%
2017-12-31 CN¥2.87 Billion -29.44%
2016-12-31 CN¥4.07 Billion +4.52%
2015-12-31 CN¥3.90 Billion +176.80%
2014-12-31 CN¥1.41 Billion -28.39%
2013-12-31 CN¥1.97 Billion +4.19%
2012-12-31 CN¥1.89 Billion +18.27%
2011-12-31 CN¥1.60 Billion -11.85%
2010-12-31 CN¥1.81 Billion -20.76%
2009-12-31 CN¥2.28 Billion +27.17%
2008-12-31 CN¥1.80 Billion -49.70%
2007-12-31 CN¥3.57 Billion +30.66%
2006-12-31 CN¥2.73 Billion +2.63%
2005-12-31 CN¥2.66 Billion -9.48%
2004-12-31 CN¥2.94 Billion +0.21%
2003-12-31 CN¥2.94 Billion +0.07%
2002-12-31 CN¥2.93 Billion -0.87%
2001-12-31 CN¥2.96 Billion +11.33%
2000-12-31 CN¥2.66 Billion -0.01%
1999-12-31 CN¥2.66 Billion +130.38%
1998-12-31 CN¥1.15 Billion -4.55%
1997-12-31 CN¥1.21 Billion +28.07%
1996-12-31 CN¥943.88 Million +90.42%
1995-12-31 CN¥495.68 Million --

Equity Component Analysis

This analysis shows how different components contribute to Datang HuaYin 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 11781.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥2.03 Billion 129.75%
Other Components CN¥5.78 Billion 369.49%
Total Equity CN¥1.57 Billion 100.00%

Datang HuaYin Electric Power Co Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,198,455,643 to 1,565,416,622, a change of 366,960,979 (30.6%).
  • Net loss of 112,711,516 reduced equity.
  • Dividend payments of 525,164,432 reduced retained earnings.
  • Other factors increased equity by 1,004,836,927.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-112.71 Million -7.2%
Dividends Paid CN¥525.16 Million -33.55%
Other Changes CN¥1.00 Billion +64.19%
Total Change CN¥- 30.62%

Book Value vs Market Value Analysis

This analysis compares Datang HuaYin 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: 10.83x
  • 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 11.99x to 10.83x 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¥0.70 CN¥8.35 x
1996-12-31 CN¥1.33 CN¥8.35 x
1997-12-31 CN¥1.60 CN¥8.35 x
1998-12-31 CN¥1.53 CN¥8.35 x
1999-12-31 CN¥3.65 CN¥8.35 x
2000-12-31 CN¥3.65 CN¥8.35 x
2001-12-31 CN¥4.08 CN¥8.35 x
2002-12-31 CN¥4.04 CN¥8.35 x
2003-12-31 CN¥4.05 CN¥8.35 x
2004-12-31 CN¥4.05 CN¥8.35 x
2005-12-31 CN¥3.66 CN¥8.35 x
2006-12-31 CN¥3.77 CN¥8.35 x
2007-12-31 CN¥4.93 CN¥8.35 x
2008-12-31 CN¥2.42 CN¥8.35 x
2009-12-31 CN¥3.01 CN¥8.35 x
2010-12-31 CN¥2.24 CN¥8.35 x
2011-12-31 CN¥1.84 CN¥8.35 x
2012-12-31 CN¥1.95 CN¥8.35 x
2013-12-31 CN¥2.71 CN¥8.35 x
2014-12-31 CN¥0.72 CN¥8.35 x
2015-12-31 CN¥2.39 CN¥8.35 x
2016-12-31 CN¥2.42 CN¥8.35 x
2017-12-31 CN¥1.68 CN¥8.35 x
2018-12-31 CN¥1.55 CN¥8.35 x
2019-12-31 CN¥1.73 CN¥8.35 x
2020-12-31 CN¥1.71 CN¥8.35 x
2021-12-31 CN¥0.30 CN¥8.35 x
2022-12-31 CN¥0.68 CN¥8.35 x
2023-12-31 CN¥0.59 CN¥8.35 x
2024-12-31 CN¥0.77 CN¥8.35 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Datang HuaYin 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): -7.20%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.35%
  • • Asset Turnover: 0.30x
  • • Equity Multiplier: 17.93x
  • Recent ROE (-7.20%) is above the historical average (-14.88%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 19.73% 21.24% 0.31x 2.97x CN¥48.21 Million
1996 16.53% 29.99% 0.34x 1.62x CN¥61.57 Million
1997 17.01% 32.06% 0.27x 1.97x CN¥79.69 Million
1998 11.35% 11.84% 0.41x 2.33x CN¥14.64 Million
1999 7.62% 20.63% 0.22x 1.65x CN¥-61.71 Million
2000 0.49% 1.19% 0.23x 1.76x CN¥-246.86 Million
2001 3.44% 9.33% 0.21x 1.75x CN¥-190.61 Million
2002 0.09% 0.25% 0.19x 1.84x CN¥-285.13 Million
2003 0.71% 1.45% 0.24x 2.06x CN¥-267.65 Million
2004 0.29% 0.40% 0.31x 2.40x CN¥-279.88 Million
2005 -7.05% -6.98% 0.30x 3.41x CN¥-444.43 Million
2006 6.76% 6.18% 0.30x 3.70x CN¥-86.86 Million
2007 1.40% 1.36% 0.30x 3.41x CN¥-301.61 Million
2008 -61.71% -32.83% 0.25x 7.50x CN¥-1.23 Billion
2009 2.52% 0.97% 0.38x 6.77x CN¥-160.06 Million
2010 1.34% 0.27% 0.52x 9.48x CN¥-132.36 Million
2011 -14.66% -1.99% 0.65x 11.33x CN¥-328.58 Million
2012 7.18% 1.22% 0.50x 11.88x CN¥-38.69 Million
2013 0.74% 0.14% 0.45x 11.40x CN¥-134.42 Million
2014 6.92% 1.10% 0.52x 12.06x CN¥-39.33 Million
2015 9.64% 5.15% 0.37x 5.01x CN¥-14.35 Million
2016 4.54% 2.94% 0.33x 4.66x CN¥-226.24 Million
2017 -38.75% -15.77% 0.39x 6.31x CN¥-1.46 Billion
2018 1.94% 0.61% 0.54x 5.81x CN¥-244.76 Million
2019 0.83% 0.28% 0.46x 6.30x CN¥-281.94 Million
2020 1.14% 0.42% 0.46x 5.95x CN¥-269.31 Million
2021 -425.25% -23.59% 0.48x 37.23x CN¥-2.32 Billion
2022 1.75% 0.25% 0.45x 15.56x CN¥-113.84 Million
2023 -15.62% -1.88% 0.41x 20.08x CN¥-307.00 Million
2024 -7.20% -1.35% 0.30x 17.93x CN¥-269.25 Million

Industry Comparison

This section compares Datang HuaYin 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
Datang HuaYin Electric Power Co Ltd (600744) CN¥1.75 Billion 19.73% 15.15x $1.04 Billion
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