Nyocor Co Ltd
NYOCOR Co., Ltd. engages in the development, investment, construction, and operation of new energy power plants in China. The company's energy power comprises photovoltaic and wind power. It is involved in energy storage, hydrogen energy, energy internet, and distribution network activities. The company operates more than 130 power generation projects. The company was formerly known as Tianjin Qu… Read more
Nyocor Co Ltd (600821) - Net Assets
Latest net assets as of September 2025: CN¥11.58 Billion CNY
Based on the latest financial reports, Nyocor Co Ltd (600821) has net assets worth CN¥11.58 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¥40.61 Billion) and total liabilities (CN¥29.03 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¥11.58 Billion |
| % of Total Assets | 28.51% |
| Annual Growth Rate | 12.83% |
| 5-Year Change | 191.15% |
| 10-Year Change | 1554.76% |
| Growth Volatility | 6120.31 |
Nyocor Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Nyocor 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 Nyocor Co Ltd (1994–2024)
The table below shows the annual net assets of Nyocor Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.99 Billion | +6.34% |
| 2023-12-31 | CN¥9.39 Billion | +6.40% |
| 2022-12-31 | CN¥8.83 Billion | +68.67% |
| 2021-12-31 | CN¥5.23 Billion | +52.57% |
| 2020-12-31 | CN¥3.43 Billion | +34097.81% |
| 2019-12-31 | CN¥10.03 Million | -95.81% |
| 2018-12-31 | CN¥239.31 Million | -53.40% |
| 2017-12-31 | CN¥513.60 Million | +1.72% |
| 2016-12-31 | CN¥504.92 Million | -16.36% |
| 2015-12-31 | CN¥603.69 Million | +0.85% |
| 2014-12-31 | CN¥598.59 Million | +1.78% |
| 2013-12-31 | CN¥588.13 Million | +2.61% |
| 2012-12-31 | CN¥573.20 Million | +1.63% |
| 2011-12-31 | CN¥564.03 Million | +1.39% |
| 2010-12-31 | CN¥556.28 Million | +0.81% |
| 2009-12-31 | CN¥551.78 Million | -1.27% |
| 2008-12-31 | CN¥558.89 Million | -15.87% |
| 2007-12-31 | CN¥664.34 Million | +2.80% |
| 2006-12-31 | CN¥646.25 Million | +3.15% |
| 2005-12-31 | CN¥626.53 Million | +1.03% |
| 2004-12-31 | CN¥620.17 Million | +1.01% |
| 2003-12-31 | CN¥613.97 Million | +1.87% |
| 2002-12-31 | CN¥602.69 Million | -8.64% |
| 2001-12-31 | CN¥659.65 Million | -12.15% |
| 2000-12-31 | CN¥750.87 Million | -0.49% |
| 1999-12-31 | CN¥754.56 Million | +0.83% |
| 1998-12-31 | CN¥748.36 Million | +76.53% |
| 1997-12-31 | CN¥423.94 Million | +13.00% |
| 1996-12-31 | CN¥375.15 Million | +43.71% |
| 1995-12-31 | CN¥261.05 Million | -2.35% |
| 1994-12-31 | CN¥267.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nyocor 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 5157.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.57 Billion | 16.84% |
| Common Stock | CN¥2.00 Billion | 21.49% |
| Other Components | CN¥5.73 Billion | 61.67% |
| Total Equity | CN¥9.29 Billion | 100.00% |
Nyocor Co Ltd Competitors by Market Cap
The table below lists competitors of Nyocor Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magazine Luiza S.A
PINK:MGLUY
|
$1.69 Billion |
|
Top Choice Medical Investment Co Inc
SHG:600763
|
$1.69 Billion |
|
Vivendi SE
PINK:VVVNF
|
$1.69 Billion |
|
Vivendi SA PK
PINK:VIVHY
|
$1.69 Billion |
|
AmTrust Financial Services Inc Pref Series A
PINK:AFSIA
|
$1.69 Billion |
|
Aditya Birla Sun Life AMC Limited
NSE:ABSLAMC
|
$1.69 Billion |
|
Innospec Inc
NASDAQ:IOSP
|
$1.69 Billion |
|
Boxer Retail Ltd
JSE:BOX
|
$1.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nyocor Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,943,129,000 to 9,294,601,000, a change of 351,472,000 (3.9%).
- Net income of 802,719,430 contributed positively to equity growth.
- Dividend payments of 1,143,382,000 reduced retained earnings.
- Share repurchases of 130,000,000 reduced equity.
- Other factors increased equity by 822,134,570.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥802.72 Million | +8.64% |
| Dividends Paid | CN¥1.14 Billion | -12.3% |
| Share Repurchases | CN¥130.00 Million | -1.4% |
| Other Changes | CN¥822.13 Million | +8.85% |
| Total Change | CN¥- | 3.93% |
Book Value vs Market Value Analysis
This analysis compares Nyocor 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: 2.14x
- 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 16.46x to 2.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.62 | CN¥10.15 | x |
| 1995-12-31 | CN¥0.60 | CN¥10.15 | x |
| 1996-12-31 | CN¥0.87 | CN¥10.15 | x |
| 1997-12-31 | CN¥0.98 | CN¥10.15 | x |
| 1998-12-31 | CN¥1.73 | CN¥10.15 | x |
| 1999-12-31 | CN¥1.74 | CN¥10.15 | x |
| 2000-12-31 | CN¥1.53 | CN¥10.15 | x |
| 2001-12-31 | CN¥1.52 | CN¥10.15 | x |
| 2002-12-31 | CN¥2.27 | CN¥10.15 | x |
| 2003-12-31 | CN¥2.31 | CN¥10.15 | x |
| 2004-12-31 | CN¥2.33 | CN¥10.15 | x |
| 2005-12-31 | CN¥2.36 | CN¥10.15 | x |
| 2006-12-31 | CN¥2.24 | CN¥10.15 | x |
| 2007-12-31 | CN¥1.40 | CN¥10.15 | x |
| 2008-12-31 | CN¥1.30 | CN¥10.15 | x |
| 2009-12-31 | CN¥1.61 | CN¥10.15 | x |
| 2010-12-31 | CN¥1.66 | CN¥10.15 | x |
| 2011-12-31 | CN¥1.44 | CN¥10.15 | x |
| 2012-12-31 | CN¥1.63 | CN¥10.15 | x |
| 2013-12-31 | CN¥1.22 | CN¥10.15 | x |
| 2014-12-31 | CN¥1.33 | CN¥10.15 | x |
| 2015-12-31 | CN¥1.35 | CN¥10.15 | x |
| 2016-12-31 | CN¥1.23 | CN¥10.15 | x |
| 2017-12-31 | CN¥1.18 | CN¥10.15 | x |
| 2018-12-31 | CN¥0.58 | CN¥10.15 | x |
| 2019-12-31 | CN¥1.73 | CN¥10.15 | x |
| 2020-12-31 | CN¥3.92 | CN¥10.15 | x |
| 2021-12-31 | CN¥3.18 | CN¥10.15 | x |
| 2022-12-31 | CN¥5.15 | CN¥10.15 | x |
| 2023-12-31 | CN¥4.46 | CN¥10.15 | x |
| 2024-12-31 | CN¥4.75 | CN¥10.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nyocor 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): 8.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.22%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 4.31x
- Recent ROE (8.64%) is above the historical average (-2.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 11.17% | 4.19% | 1.82x | 1.47x | CN¥3.14 Million |
| 1995 | 17.92% | 3.81% | 2.87x | 1.64x | CN¥20.67 Million |
| 1996 | 12.54% | 3.70% | 2.41x | 1.41x | CN¥9.54 Million |
| 1997 | 11.50% | 3.49% | 2.51x | 1.31x | CN¥6.37 Million |
| 1998 | 7.63% | 2.86% | 1.67x | 1.60x | CN¥-17.73 Million |
| 1999 | 4.35% | 1.79% | 1.38x | 1.76x | CN¥-42.66 Million |
| 2000 | 4.65% | 1.74% | 1.28x | 2.09x | CN¥-35.54 Million |
| 2001 | 0.57% | 0.25% | 1.11x | 2.10x | CN¥-62.18 Million |
| 2002 | -8.11% | -3.71% | 1.04x | 2.11x | CN¥-109.15 Million |
| 2003 | 0.98% | 0.68% | 0.71x | 2.03x | CN¥-55.35 Million |
| 2004 | 1.18% | 0.84% | 0.74x | 1.92x | CN¥-54.62 Million |
| 2005 | 1.78% | 1.30% | 0.67x | 2.04x | CN¥-51.46 Million |
| 2006 | -3.99% | -3.21% | 0.70x | 1.79x | CN¥-91.26 Million |
| 2007 | 0.71% | 0.59% | 0.69x | 1.75x | CN¥-61.64 Million |
| 2008 | -20.01% | -17.50% | 0.55x | 2.08x | CN¥-164.03 Million |
| 2009 | 0.62% | 0.65% | 0.40x | 2.41x | CN¥-51.75 Million |
| 2010 | 1.21% | 1.13% | 0.40x | 2.68x | CN¥-48.91 Million |
| 2011 | 1.38% | 0.88% | 0.56x | 2.82x | CN¥-48.59 Million |
| 2012 | 1.68% | 1.28% | 0.43x | 3.01x | CN¥-47.72 Million |
| 2013 | 2.46% | 1.67% | 0.44x | 3.34x | CN¥-44.37 Million |
| 2014 | 1.77% | 1.73% | 0.32x | 3.21x | CN¥-49.29 Million |
| 2015 | 0.84% | 0.93% | 0.31x | 2.99x | CN¥-55.27 Million |
| 2016 | -19.56% | -36.27% | 0.16x | 3.48x | CN¥-149.26 Million |
| 2017 | 1.69% | 4.21% | 0.14x | 2.85x | CN¥-42.68 Million |
| 2018 | -114.35% | -172.51% | 0.12x | 5.43x | CN¥-297.95 Million |
| 2019 | -23.08% | -39.89% | 0.46x | 1.26x | CN¥-283.69 Million |
| 2020 | 1.78% | 4.15% | 0.09x | 4.53x | CN¥-259.60 Million |
| 2021 | 9.83% | 24.56% | 0.08x | 5.15x | CN¥-8.36 Million |
| 2022 | 8.75% | 23.76% | 0.09x | 3.91x | CN¥-104.65 Million |
| 2023 | 8.97% | 24.11% | 0.10x | 3.57x | CN¥-91.97 Million |
| 2024 | 8.64% | 22.22% | 0.09x | 4.31x | CN¥-126.74 Million |
Industry Comparison
This section compares Nyocor Co Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,781,691,745
- Average return on equity (ROE) among peers: 10.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nyocor Co Ltd (600821) | CN¥11.58 Billion | 11.17% | 2.51x | $1.69 Billion |
| Tunghsu Azure Renewable Energy Co Ltd (000040) | $867.90 Million | 2.09% | 1.86x | $58.47 Million |
| Tianjin Guangyu Development Co Ltd (000537) | $277.96 Million | 10.57% | 1.45x | $889.49 Million |
| CECEP Solar Energy Co Ltd (000591) | $162.02 Million | 10.48% | 1.97x | $2.20 Billion |
| GEPIC Energy Development Co Ltd (000791) | $7.49 Billion | 5.90% | 1.54x | $765.93 Million |
| Tieling Newcity Investment Holding Ltd (000809) | $3.45 Billion | 20.56% | 0.64x | $269.10 Million |
| Hubei Energy Group Co Ltd (000883) | $730.62 Million | 9.40% | 0.33x | $1.99 Billion |
| Fujian MinDong Electric Power Co Ltd (000993) | $1.70 Billion | 3.61% | 1.46x | $406.20 Million |
| Xinjiang Lixin Energy Co. Ltd. A (001258) | $2.92 Billion | 1.72% | 4.24x | $377.98 Million |
| Shenzhen Feima International Supply Chain Co Ltd (002210) | $148.08 Million | 3.32% | 6.54x | $718.01 Million |
| Shenzhen Sunrise New Energy Co Ltd (002256) | $65.12 Million | 40.54% | 1.51x | $785.39 Million |