Datang HuaYin Electric Power Co Ltd (600744) - Net Assets
Based on the latest financial reports, Datang HuaYin Electric Power Co Ltd (600744) has net assets worth CN¥1.75 Billion CNY (≈ $256.22 Million 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¥28.28 Billion ≈ $4.14 Billion USD) and total liabilities (CN¥26.53 Billion ≈ $3.88 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 600744 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Datang HuaYin Electric Power Co Ltd assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Datang HuaYin Electric Power Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.76 Billion ≈ $257.99 Million |
-3.48% |
| 2023-12-31 | CN¥1.83 Billion ≈ $267.30 Million |
+21.14% |
| 2022-12-31 | CN¥1.51 Billion ≈ $220.66 Million |
+127.46% |
| 2021-12-31 | CN¥662.96 Million ≈ $97.01 Million |
-77.61% |
| 2020-12-31 | CN¥2.96 Billion ≈ $433.38 Million |
+1.31% |
| 2019-12-31 | CN¥2.92 Billion ≈ $427.78 Million |
+0.99% |
| 2018-12-31 | CN¥2.89 Billion ≈ $423.60 Million |
+0.72% |
| 2017-12-31 | CN¥2.87 Billion ≈ $420.58 Million |
-29.44% |
| 2016-12-31 | CN¥4.07 Billion ≈ $596.06 Million |
+4.52% |
| 2015-12-31 | CN¥3.90 Billion ≈ $570.26 Million |
+176.80% |
| 2014-12-31 | CN¥1.41 Billion ≈ $206.02 Million |
-28.39% |
| 2013-12-31 | CN¥1.97 Billion ≈ $287.69 Million |
+4.19% |
| 2012-12-31 | CN¥1.89 Billion ≈ $276.11 Million |
+18.27% |
| 2011-12-31 | CN¥1.60 Billion ≈ $233.47 Million |
-11.85% |
| 2010-12-31 | CN¥1.81 Billion ≈ $264.84 Million |
-20.76% |
| 2009-12-31 | CN¥2.28 Billion ≈ $334.24 Million |
+27.17% |
| 2008-12-31 | CN¥1.80 Billion ≈ $262.82 Million |
-49.70% |
| 2007-12-31 | CN¥3.57 Billion ≈ $522.53 Million |
+30.66% |
| 2006-12-31 | CN¥2.73 Billion ≈ $399.91 Million |
+2.63% |
| 2005-12-31 | CN¥2.66 Billion ≈ $389.65 Million |
-9.48% |
| 2004-12-31 | CN¥2.94 Billion ≈ $430.44 Million |
+0.21% |
| 2003-12-31 | CN¥2.94 Billion ≈ $429.53 Million |
+0.07% |
| 2002-12-31 | CN¥2.93 Billion ≈ $429.22 Million |
-0.87% |
| 2001-12-31 | CN¥2.96 Billion ≈ $432.99 Million |
+11.33% |
| 2000-12-31 | CN¥2.66 Billion ≈ $388.92 Million |
-0.01% |
| 1999-12-31 | CN¥2.66 Billion ≈ $388.96 Million |
+130.38% |
| 1998-12-31 | CN¥1.15 Billion ≈ $168.83 Million |
-4.55% |
| 1997-12-31 | CN¥1.21 Billion ≈ $176.88 Million |
+28.07% |
| 1996-12-31 | CN¥943.88 Million ≈ $138.12 Million |
+90.42% |
| 1995-12-31 | CN¥495.68 Million ≈ $72.53 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.
| Company | Market Cap |
|---|---|
|
Odfjell Drilling Ltd
OL:ODL
|
$2.54 Billion |
|
Hugo Boss AG
XETRA:BOSS
|
$2.54 Billion |
|
Cetc Potevio Science&Technology Co Ltd
SHE:002544
|
$2.54 Billion |
|
Maple Leaf Foods Inc.
TO:MFI
|
$2.54 Billion |
|
Grindr Inc
NYSE:GRND
|
$2.54 Billion |
|
Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco
F:RJ8
|
$2.54 Billion |
|
Konecranes Plc
HE:KCR
|
$2.54 Billion |
|
Attica Bank S.A.
AT:TATT
|
$2.54 Billion |
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: 11.08x
- 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 12.27x to 11.08x 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¥8.54 | x |
| 1996-12-31 | CN¥1.33 | CN¥8.54 | x |
| 1997-12-31 | CN¥1.60 | CN¥8.54 | x |
| 1998-12-31 | CN¥1.53 | CN¥8.54 | x |
| 1999-12-31 | CN¥3.65 | CN¥8.54 | x |
| 2000-12-31 | CN¥3.65 | CN¥8.54 | x |
| 2001-12-31 | CN¥4.08 | CN¥8.54 | x |
| 2002-12-31 | CN¥4.04 | CN¥8.54 | x |
| 2003-12-31 | CN¥4.05 | CN¥8.54 | x |
| 2004-12-31 | CN¥4.05 | CN¥8.54 | x |
| 2005-12-31 | CN¥3.66 | CN¥8.54 | x |
| 2006-12-31 | CN¥3.77 | CN¥8.54 | x |
| 2007-12-31 | CN¥4.93 | CN¥8.54 | x |
| 2008-12-31 | CN¥2.42 | CN¥8.54 | x |
| 2009-12-31 | CN¥3.01 | CN¥8.54 | x |
| 2010-12-31 | CN¥2.24 | CN¥8.54 | x |
| 2011-12-31 | CN¥1.84 | CN¥8.54 | x |
| 2012-12-31 | CN¥1.95 | CN¥8.54 | x |
| 2013-12-31 | CN¥2.71 | CN¥8.54 | x |
| 2014-12-31 | CN¥0.72 | CN¥8.54 | x |
| 2015-12-31 | CN¥2.39 | CN¥8.54 | x |
| 2016-12-31 | CN¥2.42 | CN¥8.54 | x |
| 2017-12-31 | CN¥1.68 | CN¥8.54 | x |
| 2018-12-31 | CN¥1.55 | CN¥8.54 | x |
| 2019-12-31 | CN¥1.73 | CN¥8.54 | x |
| 2020-12-31 | CN¥1.71 | CN¥8.54 | x |
| 2021-12-31 | CN¥0.30 | CN¥8.54 | x |
| 2022-12-31 | CN¥0.68 | CN¥8.54 | x |
| 2023-12-31 | CN¥0.59 | CN¥8.54 | x |
| 2024-12-31 | CN¥0.77 | CN¥8.54 | 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: $2,869,263,248
- Average return on equity (ROE) among peers: 2.56%
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 | $2.54 Billion |
| Shenzhen Energy Group Co Ltd (000027) | $4.63 Billion | 8.48% | 0.68x | $4.76 Billion |
| Shenzhen Nanshan Power Co Ltd (000037) | $582.94 Million | 16.76% | 0.70x | $535.60 Million |
| Guangzhou Hengyun Enterprises Holding Ltd (000531) | $4.24 Billion | 1.93% | 1.43x | $1.07 Billion |
| An Hui Wenergy Co Ltd (000543) | $2.25 Billion | 9.29% | 0.06x | $2.68 Billion |
| Jointo Energy Investment Co Ltd Hebei (000600) | $4.23 Billion | 2.36% | 3.02x | $2.51 Billion |
| Guangdong Shaoneng Group Co Ltd (000601) | $3.37 Billion | 4.07% | 1.52x | $1.02 Billion |
| Tianjin Binhai Energy & Development Co Ltd (000695) | $533.59 Million | 6.84% | 0.61x | $525.65 Million |
| Shanxi Zhangze Electric Power Co Ltd (000767) | $2.23 Billion | -42.99% | 3.66x | $1.70 Billion |
| Jilin Power Share Co Ltd (000875) | $1.37 Billion | 9.58% | 0.29x | $3.47 Billion |
| Jiangxi Ganneng Co Ltd (000899) | $5.25 Billion | 9.32% | 1.60x | $1.78 Billion |
About Datang HuaYin Electric Power Co Ltd
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.