Liaoning Hongyang Energy Resource Invest Co Ltd (600758) - Net Assets
Based on the latest financial reports, Liaoning Hongyang Energy Resource Invest Co Ltd (600758) has net assets worth CN¥5.61 Billion CNY (≈ $821.28 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥13.33 Billion ≈ $1.95 Billion USD) and total liabilities (CN¥7.72 Billion ≈ $1.13 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 Liaoning Hongyang Energy Resource Invest liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.61 Billion |
| % of Total Assets | 42.1% |
| Annual Growth Rate | 12.07% |
| 5-Year Change | 10.71% |
| 10-Year Change | 10.59% |
| Growth Volatility | 271.59 |
Liaoning Hongyang Energy Resource Invest Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Liaoning Hongyang Energy Resource Invest Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Liaoning Hongyang Energy Resource Invest balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Liaoning Hongyang Energy Resource Invest Co Ltd (2000–2024)
The table below shows the annual net assets of Liaoning Hongyang Energy Resource Invest Co Ltd from 2000 to 2024. For live valuation and market cap data, see market value of Liaoning Hongyang Energy Resource Invest.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.49 Billion ≈ $803.93 Million |
+4.95% |
| 2023-12-31 | CN¥5.23 Billion ≈ $766.01 Million |
-1.13% |
| 2022-12-31 | CN¥5.29 Billion ≈ $774.79 Million |
+4.46% |
| 2021-12-31 | CN¥5.07 Billion ≈ $741.69 Million |
+2.14% |
| 2020-12-31 | CN¥4.96 Billion ≈ $726.13 Million |
-8.76% |
| 2019-12-31 | CN¥5.44 Billion ≈ $795.83 Million |
-0.07% |
| 2018-12-31 | CN¥5.44 Billion ≈ $796.42 Million |
-2.17% |
| 2017-12-31 | CN¥5.56 Billion ≈ $814.08 Million |
+7.95% |
| 2016-12-31 | CN¥5.15 Billion ≈ $754.10 Million |
+3.74% |
| 2015-12-31 | CN¥4.97 Billion ≈ $726.93 Million |
+1358.60% |
| 2014-12-31 | CN¥340.58 Million ≈ $49.84 Million |
+2.00% |
| 2013-12-31 | CN¥333.89 Million ≈ $48.86 Million |
+3.51% |
| 2012-12-31 | CN¥322.57 Million ≈ $47.20 Million |
+5.50% |
| 2011-12-31 | CN¥305.76 Million ≈ $44.74 Million |
+5.76% |
| 2010-12-31 | CN¥289.11 Million ≈ $42.31 Million |
+6.83% |
| 2009-12-31 | CN¥270.64 Million ≈ $39.60 Million |
+9.98% |
| 2008-12-31 | CN¥246.07 Million ≈ $36.01 Million |
+15.94% |
| 2007-12-31 | CN¥212.24 Million ≈ $31.06 Million |
+46.11% |
| 2006-12-31 | CN¥145.26 Million ≈ $21.26 Million |
+11.05% |
| 2005-12-31 | CN¥130.82 Million ≈ $19.14 Million |
+51.59% |
| 2004-12-31 | CN¥86.30 Million ≈ $12.63 Million |
-6.61% |
| 2003-12-31 | CN¥92.40 Million ≈ $13.52 Million |
-7.79% |
| 2002-12-31 | CN¥100.21 Million ≈ $14.66 Million |
-70.27% |
| 2001-12-31 | CN¥337.12 Million ≈ $49.33 Million |
-5.52% |
| 2000-12-31 | CN¥356.80 Million ≈ $52.21 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Liaoning Hongyang Energy Resource Invest 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 37019936206.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥370.20 Million | 6.73% |
| Other Components | CN¥5.13 Billion | 93.27% |
| Total Equity | CN¥5.50 Billion | 100.00% |
Liaoning Hongyang Energy Resource Invest Co Ltd Competitors by Market Cap
The table below lists competitors of Liaoning Hongyang Energy Resource Invest Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Westlake Chemical Partners LP
NYSE:WLKP
|
$779.64 Million |
|
Hyosung Advanced Materials Corp
KO:298050
|
$779.69 Million |
|
Jiangxi Salt Industry Group Co. Ltd. A
SHG:601065
|
$779.74 Million |
|
Zhejiang Chimin Pharm Co Ltd
SHG:603222
|
$779.90 Million |
|
Shenzhen Exc Led Technology Co Ltd
SHE:300889
|
$779.55 Million |
|
Greencoat Renewables PLC
IR:GRP
|
$779.33 Million |
|
Rashtriya Chemicals and Fertilizers Limited
NSE:RCF
|
$779.08 Million |
|
Jiangsu Boiln Plastics Co. Ltd.
SHE:301003
|
$778.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Liaoning Hongyang Energy Resource Invest Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,236,772,039 to 5,497,255,544, a change of 260,483,505 (5.0%).
- Net income of 202,139,714 contributed positively to equity growth.
- Dividend payments of 149,029,486 reduced retained earnings.
- Other factors increased equity by 207,373,277.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥202.14 Million | +3.68% |
| Dividends Paid | CN¥149.03 Million | -2.71% |
| Other Changes | CN¥207.37 Million | +3.77% |
| Total Change | CN¥- | 4.97% |
Book Value vs Market Value Analysis
This analysis compares Liaoning Hongyang Energy Resource Invest 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: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.18 | CN¥4.03 | x |
| 2018-12-31 | CN¥4.09 | CN¥4.03 | x |
| 2019-12-31 | CN¥4.11 | CN¥4.03 | x |
| 2020-12-31 | CN¥3.75 | CN¥4.03 | x |
| 2021-12-31 | CN¥3.83 | CN¥4.03 | x |
| 2022-12-31 | CN¥4.01 | CN¥4.03 | x |
| 2023-12-31 | CN¥3.96 | CN¥4.03 | x |
| 2024-12-31 | CN¥4.16 | CN¥4.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Liaoning Hongyang Energy Resource Invest 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): 3.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.66%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 2.47x
- Recent ROE (3.68%) is below the historical average (5.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 1.41% | 0.85% | 0.53x | 3.15x | CN¥-30.64 Million |
| 2003 | 14.87% | 1.40% | 0.86x | 12.43x | CN¥4.14 Million |
| 2005 | 22.17% | 4.49% | 0.87x | 5.67x | CN¥14.82 Million |
| 2007 | 31.56% | 43.49% | 0.30x | 2.42x | CN¥45.75 Million |
| 2008 | 9.28% | 13.43% | 0.30x | 2.32x | CN¥-1.78 Million |
| 2009 | 9.08% | 13.20% | 0.32x | 2.18x | CN¥-2.50 Million |
| 2010 | 6.39% | 8.97% | 0.34x | 2.07x | CN¥-10.44 Million |
| 2011 | 5.45% | 7.53% | 0.36x | 2.00x | CN¥-13.92 Million |
| 2012 | 5.21% | 6.98% | 0.39x | 1.89x | CN¥-15.46 Million |
| 2013 | 5.26% | 6.62% | 0.36x | 2.22x | CN¥-15.83 Million |
| 2014 | 3.79% | 5.08% | 0.32x | 2.36x | CN¥-21.14 Million |
| 2015 | -9.37% | -7.86% | 0.33x | 3.61x | CN¥-962.14 Million |
| 2016 | 3.37% | 2.42% | 0.43x | 3.22x | CN¥-341.72 Million |
| 2017 | 8.35% | 6.04% | 0.46x | 3.00x | CN¥-91.59 Million |
| 2018 | 2.08% | 1.54% | 0.48x | 2.81x | CN¥-431.15 Million |
| 2019 | 0.48% | 0.39% | 0.43x | 2.87x | CN¥-517.50 Million |
| 2020 | -9.41% | -9.24% | 0.33x | 3.05x | CN¥-963.20 Million |
| 2021 | 0.53% | 0.45% | 0.39x | 3.01x | CN¥-480.24 Million |
| 2022 | 3.68% | 2.94% | 0.44x | 2.82x | CN¥-334.87 Million |
| 2023 | 0.46% | 0.43% | 0.41x | 2.60x | CN¥-499.80 Million |
| 2024 | 3.68% | 3.66% | 0.41x | 2.47x | CN¥-347.59 Million |
Industry Comparison
This section compares Liaoning Hongyang Energy Resource Invest 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: $4,861,415,868
- Average return on equity (ROE) among peers: 7.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Liaoning Hongyang Energy Resource Invest Co Ltd (600758) | CN¥5.61 Billion | 1.41% | 1.38x | $779.61 Million |
| Shenzhen Energy Group Co Ltd (000027) | $2.71 Billion | 12.06% | 0.87x | $4.93 Billion |
| Shenzhen Nanshan Power Co Ltd (000037) | $1.80 Billion | 2.95% | 2.02x | $552.96 Million |
| Guangzhou Hengyun Enterprises Holding Ltd (000531) | $274.17 Million | 14.04% | 0.03x | $1.10 Billion |
| An Hui Wenergy Co Ltd (000543) | $19.35 Billion | 5.24% | 0.74x | $2.73 Billion |
| Jointo Energy Investment Co Ltd Hebei (000600) | $13.88 Billion | 4.61% | 1.33x | $2.62 Billion |
| Guangdong Shaoneng Group Co Ltd (000601) | $3.73 Billion | 5.55% | 1.33x | $1.13 Billion |
| Tianjin Binhai Energy & Development Co Ltd (000695) | $583.60 Million | 2.28% | 0.68x | $511.06 Million |
| Shanxi Zhangze Electric Power Co Ltd (000767) | $2.29 Billion | 0.61% | 3.95x | $1.88 Billion |
| Jilin Power Share Co Ltd (000875) | $1.37 Billion | 9.58% | 0.29x | $3.58 Billion |
| Jiangxi Ganneng Co Ltd (000899) | $2.62 Billion | 21.90% | 1.28x | $1.95 Billion |
About Liaoning Hongyang Energy Resource Invest Co Ltd
LIAONING ENERGY INDUSTRY Co.,LTD engages in the coal mining and washing business in China. It is also involved in the production and supply of electricity, steam, and heat. The company was founded in 1993 and is based in Shenyang, China.