ENN Ecological Holdings Co Ltd (600803) - Net Assets
Based on the latest financial reports, ENN Ecological Holdings Co Ltd (600803) has net assets worth CN¥61.70 Billion CNY (≈ $9.03 Billion 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¥136.64 Billion ≈ $20.00 Billion USD) and total liabilities (CN¥74.94 Billion ≈ $10.97 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 how resilient are ENN Ecological Holdings Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥61.70 Billion |
| % of Total Assets | 45.16% |
| Annual Growth Rate | 21.27% |
| 5-Year Change | 71.65% |
| 10-Year Change | 1129.93% |
| Growth Volatility | 76.54 |
ENN Ecological Holdings Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how ENN Ecological Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore ENN Ecological Holdings Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for ENN Ecological Holdings Co Ltd (1993–2024)
The table below shows the annual net assets of ENN Ecological Holdings Co Ltd from 1993 to 2024. For live valuation and market cap data, see 600803 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥60.54 Billion ≈ $8.86 Billion |
+3.43% |
| 2023-12-31 | CN¥58.54 Billion ≈ $8.57 Billion |
+13.53% |
| 2022-12-31 | CN¥51.56 Billion ≈ $7.55 Billion |
+11.69% |
| 2021-12-31 | CN¥46.17 Billion ≈ $6.76 Billion |
+30.89% |
| 2020-12-31 | CN¥35.27 Billion ≈ $5.16 Billion |
+248.28% |
| 2019-12-31 | CN¥10.13 Billion ≈ $1.48 Billion |
+8.47% |
| 2018-12-31 | CN¥9.34 Billion ≈ $1.37 Billion |
+58.21% |
| 2017-12-31 | CN¥5.90 Billion ≈ $863.54 Million |
+12.18% |
| 2016-12-31 | CN¥5.26 Billion ≈ $769.79 Million |
+6.87% |
| 2015-12-31 | CN¥4.92 Billion ≈ $720.32 Million |
-2.72% |
| 2014-12-31 | CN¥5.06 Billion ≈ $740.43 Million |
+20.89% |
| 2013-12-31 | CN¥4.19 Billion ≈ $612.51 Million |
+351.73% |
| 2012-12-31 | CN¥926.61 Million ≈ $135.59 Million |
+6.82% |
| 2011-12-31 | CN¥867.47 Million ≈ $126.94 Million |
+143.47% |
| 2010-12-31 | CN¥356.30 Million ≈ $52.14 Million |
+1.61% |
| 2009-12-31 | CN¥350.64 Million ≈ $51.31 Million |
-12.60% |
| 2008-12-31 | CN¥401.20 Million ≈ $58.71 Million |
+2.61% |
| 2007-12-31 | CN¥391.01 Million ≈ $57.22 Million |
+6.11% |
| 2006-12-31 | CN¥368.51 Million ≈ $53.92 Million |
+10.49% |
| 2005-12-31 | CN¥333.53 Million ≈ $48.81 Million |
+7.03% |
| 2004-12-31 | CN¥311.62 Million ≈ $45.60 Million |
+8.98% |
| 2003-12-31 | CN¥285.95 Million ≈ $41.84 Million |
-0.96% |
| 2002-12-31 | CN¥288.72 Million ≈ $42.25 Million |
-6.40% |
| 2001-12-31 | CN¥308.47 Million ≈ $45.14 Million |
-5.67% |
| 2000-12-31 | CN¥327.00 Million ≈ $47.85 Million |
+4.34% |
| 1999-12-31 | CN¥313.41 Million ≈ $45.86 Million |
+46.64% |
| 1998-12-31 | CN¥213.73 Million ≈ $31.27 Million |
+10.82% |
| 1997-12-31 | CN¥192.87 Million ≈ $28.22 Million |
+6.21% |
| 1996-12-31 | CN¥181.59 Million ≈ $26.57 Million |
+19.80% |
| 1995-12-31 | CN¥151.58 Million ≈ $22.18 Million |
-2.42% |
| 1994-12-31 | CN¥155.33 Million ≈ $22.73 Million |
+1.33% |
| 1993-12-31 | CN¥153.29 Million ≈ $22.43 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to ENN Ecological Holdings 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 215007.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥19.89 Billion | 84.77% |
| Common Stock | CN¥3.10 Billion | 13.20% |
| Other Components | CN¥476.71 Million | 2.03% |
| Total Equity | CN¥23.47 Billion | 100.00% |
ENN Ecological Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of ENN Ecological Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Compeq Manufacturing Co Ltd
TW:2313
|
$9.18 Billion |
|
Taiwan Union Technology
TWO:6274
|
$9.19 Billion |
|
LG Innotek Co Ltd
KO:011070
|
$9.19 Billion |
|
CITIC Securities Company Limited
F:CI9
|
$9.19 Billion |
|
Agree Realty Corporation
NYSE:ADC
|
$9.17 Billion |
|
Toro Co
NYSE:TTC
|
$9.17 Billion |
|
Airtac International Group
TW:1590
|
$9.17 Billion |
|
eMemory Technology
TWO:3529
|
$9.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ENN Ecological Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,654,820,000 to 23,467,260,000, a change of -187,560,000 (-0.8%).
- Net income of 4,493,180,000 contributed positively to equity growth.
- Dividend payments of 4,023,340,000 reduced retained earnings.
- Share repurchases of 1,025,200,000 reduced equity.
- Other factors increased equity by 367,800,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.49 Billion | +19.15% |
| Dividends Paid | CN¥4.02 Billion | -17.14% |
| Share Repurchases | CN¥1.03 Billion | -4.37% |
| Other Changes | CN¥367.80 Million | +1.57% |
| Total Change | CN¥- | -0.79% |
Book Value vs Market Value Analysis
This analysis compares ENN Ecological Holdings 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: 2.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 18.63x to 2.66x 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¥1.09 | CN¥20.26 | x |
| 1994-12-31 | CN¥1.10 | CN¥20.26 | x |
| 1995-12-31 | CN¥1.08 | CN¥20.26 | x |
| 1996-12-31 | CN¥1.29 | CN¥20.26 | x |
| 1997-12-31 | CN¥1.37 | CN¥20.26 | x |
| 1998-12-31 | CN¥1.52 | CN¥20.26 | x |
| 1999-12-31 | CN¥2.22 | CN¥20.26 | x |
| 2000-12-31 | CN¥2.30 | CN¥20.26 | x |
| 2001-12-31 | CN¥2.17 | CN¥20.26 | x |
| 2002-12-31 | CN¥1.99 | CN¥20.26 | x |
| 2003-12-31 | CN¥1.99 | CN¥20.26 | x |
| 2004-12-31 | CN¥2.14 | CN¥20.26 | x |
| 2005-12-31 | CN¥2.28 | CN¥20.26 | x |
| 2006-12-31 | CN¥1.36 | CN¥20.26 | x |
| 2007-12-31 | CN¥1.46 | CN¥20.26 | x |
| 2008-12-31 | CN¥1.49 | CN¥20.26 | x |
| 2009-12-31 | CN¥1.29 | CN¥20.26 | x |
| 2010-12-31 | CN¥1.01 | CN¥20.26 | x |
| 2011-12-31 | CN¥2.43 | CN¥20.26 | x |
| 2012-12-31 | CN¥0.82 | CN¥20.26 | x |
| 2013-12-31 | CN¥3.77 | CN¥20.26 | x |
| 2014-12-31 | CN¥4.23 | CN¥20.26 | x |
| 2015-12-31 | CN¥4.02 | CN¥20.26 | x |
| 2016-12-31 | CN¥4.31 | CN¥20.26 | x |
| 2017-12-31 | CN¥5.23 | CN¥20.26 | x |
| 2018-12-31 | CN¥7.18 | CN¥20.26 | x |
| 2019-12-31 | CN¥7.72 | CN¥20.26 | x |
| 2020-12-31 | CN¥3.16 | CN¥20.26 | x |
| 2021-12-31 | CN¥5.21 | CN¥20.26 | x |
| 2022-12-31 | CN¥5.69 | CN¥20.26 | x |
| 2023-12-31 | CN¥7.63 | CN¥20.26 | x |
| 2024-12-31 | CN¥7.63 | CN¥20.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ENN Ecological Holdings 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): 19.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.31%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 5.65x
- Recent ROE (19.15%) is above the historical average (13.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 7.04% | 17.99% | 0.32x | 1.22x | CN¥-4.53 Million |
| 1994 | 2.95% | 10.18% | 0.22x | 1.30x | CN¥-10.96 Million |
| 1995 | 5.82% | 12.39% | 0.32x | 1.46x | CN¥-6.33 Million |
| 1996 | 9.60% | 23.03% | 0.30x | 1.39x | CN¥-731.68K |
| 1997 | 12.58% | 19.52% | 0.38x | 1.70x | CN¥4.97 Million |
| 1998 | 10.52% | 10.85% | 0.57x | 1.71x | CN¥1.11 Million |
| 1999 | 6.83% | 8.32% | 0.53x | 1.55x | CN¥-9.92 Million |
| 2000 | 7.11% | 9.74% | 0.40x | 1.81x | CN¥-9.39 Million |
| 2001 | 4.47% | 5.17% | 0.35x | 2.47x | CN¥-16.87 Million |
| 2002 | -11.24% | -11.42% | 0.36x | 2.72x | CN¥-59.50 Million |
| 2003 | 0.51% | 0.47% | 0.38x | 2.84x | CN¥-26.62 Million |
| 2004 | 6.27% | 5.25% | 0.43x | 2.79x | CN¥-11.24 Million |
| 2005 | 6.35% | 4.17% | 0.49x | 3.14x | CN¥-11.76 Million |
| 2006 | 8.81% | 5.11% | 0.52x | 3.31x | CN¥-4.16 Million |
| 2007 | 4.52% | 2.37% | 0.65x | 2.92x | CN¥-20.23 Million |
| 2008 | 2.24% | 1.08% | 0.68x | 3.05x | CN¥-29.30 Million |
| 2009 | -11.51% | -5.90% | 0.60x | 3.26x | CN¥-72.85 Million |
| 2010 | 1.26% | 0.62% | 0.83x | 2.47x | CN¥-29.96 Million |
| 2011 | 3.44% | 1.50% | 1.05x | 2.17x | CN¥-50.92 Million |
| 2012 | 81.87% | 15.99% | 2.05x | 2.50x | CN¥586.16 Million |
| 2013 | 18.98% | 14.49% | 0.57x | 2.30x | CN¥335.41 Million |
| 2014 | 22.98% | 16.90% | 0.65x | 2.10x | CN¥583.63 Million |
| 2015 | 18.92% | 14.24% | 0.50x | 2.67x | CN¥379.87 Million |
| 2016 | 11.41% | 8.11% | 0.35x | 4.04x | CN¥64.28 Million |
| 2017 | 12.25% | 6.29% | 0.47x | 4.18x | CN¥115.73 Million |
| 2018 | 15.47% | 9.69% | 0.58x | 2.75x | CN¥467.04 Million |
| 2019 | 31.06% | 3.28% | 3.64x | 2.60x | CN¥1.97 Billion |
| 2020 | 25.91% | 2.39% | 0.80x | 13.47x | CN¥1.29 Billion |
| 2021 | 31.23% | 4.00% | 0.91x | 8.62x | CN¥3.15 Billion |
| 2022 | 33.25% | 3.79% | 1.13x | 7.75x | CN¥4.09 Billion |
| 2023 | 29.98% | 4.93% | 1.07x | 5.69x | CN¥4.73 Billion |
| 2024 | 19.15% | 3.31% | 1.03x | 5.65x | CN¥2.15 Billion |
Industry Comparison
This section compares ENN Ecological Holdings Co Ltd's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $2,152,934,751
- Average return on equity (ROE) among peers: 5.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ENN Ecological Holdings Co Ltd (600803) | CN¥61.70 Billion | 7.04% | 1.21x | $9.18 Billion |
| Delong Composite Energy Group Co Ltd (000593) | $311.07 Million | 3.92% | 0.75x | $1.33 Billion |
| Xinjiang Haoyuan Natural Gas Co Ltd (002700) | $887.56 Million | -22.66% | 0.22x | $420.06 Million |
| Foran Energy Group Co Ltd (002911) | $1.60 Billion | 16.75% | 1.58x | $2.32 Billion |
| Top Resource Conservation Engineering Co Ltd (300332) | $4.17 Billion | 8.77% | 1.23x | $727.92 Million |
| Sichuan Qiaoyuan Gas Co.Ltd (301286) | $1.56 Billion | 7.51% | 0.19x | $2.97 Billion |
| Changchun Gas Co Ltd (600333) | $1.39 Billion | 5.99% | 0.69x | $514.22 Million |
| Shanghai DaZhong Public Utilities Group Co Ltd (600635) | $4.50 Billion | 9.30% | 1.20x | $1.87 Billion |
| Bestsun Energy Co Ltd (600681) | $4.38 Billion | 11.57% | 0.83x | $796.61 Million |
| Guizhou Gas Group Corporation Ltd Class A (600903) | $562.58 Million | 11.48% | 3.21x | $1.09 Billion |
About ENN Ecological Holdings Co Ltd
ENN Natural Gas Co.,Ltd. engages in natural gas distribution, trading, storage, transportation, production, and engineering in China. The company operates through eight divisions: Natural Gas Retail, Natural Gas Wholesale, Direct Gas Sale by Platform, Project Construction and Installation, Integrated Energy Business, Smart Home Business, Energy Production, and Infrastructure Operation. The compan… Read more