Chongqing Wanli New Energy Co Ltd (600847) - Net Assets
Based on the latest financial reports, Chongqing Wanli New Energy Co Ltd (600847) has net assets worth CN¥479.20 Million CNY (≈ $70.12 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥525.17 Million ≈ $76.85 Million USD) and total liabilities (CN¥45.97 Million ≈ $6.73 Million 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 Chongqing Wanli New Energy Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥479.20 Million |
| % of Total Assets | 91.25% |
| Annual Growth Rate | 3.52% |
| 5-Year Change | -28.66% |
| 10-Year Change | -26.12% |
| Growth Volatility | 227.58 |
Chongqing Wanli New Energy Co Ltd - Net Assets Trend (1994–2025)
This chart illustrates how Chongqing Wanli New Energy Co Ltd's net assets have evolved over time, based on quarterly financial data. See Chongqing Wanli New Energy Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Chongqing Wanli New Energy Co Ltd (1994–2025)
The table below shows the annual net assets of Chongqing Wanli New Energy Co Ltd from 1994 to 2025. For live valuation and market cap data, see Chongqing Wanli New Energy Co Ltd (600847) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥494.72 Million ≈ $72.39 Million |
-9.66% |
| 2024-12-31 | CN¥547.63 Million ≈ $80.14 Million |
-17.43% |
| 2023-12-31 | CN¥663.25 Million ≈ $97.05 Million |
-3.66% |
| 2022-12-31 | CN¥688.42 Million ≈ $100.74 Million |
-0.73% |
| 2021-12-31 | CN¥693.50 Million ≈ $101.48 Million |
-0.21% |
| 2020-12-31 | CN¥694.95 Million ≈ $101.69 Million |
+0.58% |
| 2019-12-31 | CN¥690.93 Million ≈ $101.10 Million |
+1.31% |
| 2018-12-31 | CN¥682.02 Million ≈ $99.80 Million |
-0.12% |
| 2017-12-31 | CN¥682.85 Million ≈ $99.92 Million |
+1.98% |
| 2016-12-31 | CN¥669.59 Million ≈ $97.98 Million |
-5.76% |
| 2015-12-31 | CN¥710.49 Million ≈ $103.97 Million |
-0.36% |
| 2014-12-31 | CN¥713.03 Million ≈ $104.34 Million |
+1.23% |
| 2013-12-31 | CN¥704.38 Million ≈ $103.07 Million |
+1281.26% |
| 2012-12-31 | CN¥51.00 Million ≈ $7.46 Million |
+4.85% |
| 2011-12-31 | CN¥48.64 Million ≈ $7.12 Million |
+9.27% |
| 2010-12-31 | CN¥44.51 Million ≈ $6.51 Million |
-18.28% |
| 2009-12-31 | CN¥54.47 Million ≈ $7.97 Million |
+14.06% |
| 2008-12-31 | CN¥47.75 Million ≈ $6.99 Million |
+5.84% |
| 2007-12-31 | CN¥45.12 Million ≈ $6.60 Million |
+42.27% |
| 2006-12-31 | CN¥31.71 Million ≈ $4.64 Million |
+17.88% |
| 2005-12-31 | CN¥26.90 Million ≈ $3.94 Million |
-44.91% |
| 2004-12-31 | CN¥48.83 Million ≈ $7.15 Million |
+2.51% |
| 2003-12-31 | CN¥47.63 Million ≈ $6.97 Million |
-24.90% |
| 2002-12-31 | CN¥63.42 Million ≈ $9.28 Million |
-28.58% |
| 2001-12-31 | CN¥88.80 Million ≈ $12.99 Million |
-9.83% |
| 2000-12-31 | CN¥98.48 Million ≈ $14.41 Million |
+10.10% |
| 1999-12-31 | CN¥89.44 Million ≈ $13.09 Million |
+2.24% |
| 1998-12-31 | CN¥87.48 Million ≈ $12.80 Million |
-28.70% |
| 1997-12-31 | CN¥122.70 Million ≈ $17.95 Million |
-23.14% |
| 1996-12-31 | CN¥159.64 Million ≈ $23.36 Million |
+5.17% |
| 1995-12-31 | CN¥151.79 Million ≈ $22.21 Million |
-10.30% |
| 1994-12-31 | CN¥169.22 Million ≈ $24.76 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Chongqing Wanli New Energy 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 1467.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥916.83 Million | 185.32% |
| Total Equity | CN¥494.72 Million | 100.00% |
Chongqing Wanli New Energy Co Ltd Competitors by Market Cap
The table below lists competitors of Chongqing Wanli New Energy Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seah Holdings
KO:058650
|
$324.72 Million |
|
J&V Energy Tech Co Ltd
TW:6869
|
$324.76 Million |
|
Planet Technology
TWO:6263
|
$324.91 Million |
|
S.P.I Landscape Design Co. Ltd.
SHE:300844
|
$325.03 Million |
|
Grupo Empresas Navieras SA
SN:NAVIERA
|
$324.56 Million |
|
Greenwich Lifesciences Inc
NASDAQ:GLSI
|
$324.54 Million |
|
Northern Superior Resources Inc
V:SUP
|
$324.53 Million |
|
Crawford & Company
NYSE:CRD-A
|
$324.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing Wanli New Energy Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 547,629,644 to 494,716,617, a change of -52,913,027 (-9.7%).
- Net loss of 52,913,028 reduced equity.
- Dividend payments of 116,918 reduced retained earnings.
- Other comprehensive income decreased equity by 21,712,295.
- Other factors increased equity by 21,829,214.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-52.91 Million | -10.7% |
| Dividends Paid | CN¥116.92K | -0.02% |
| Other Comprehensive Income | CN¥-21.71 Million | -4.39% |
| Other Changes | CN¥21.83 Million | +4.41% |
| Total Change | CN¥- | -9.66% |
Book Value vs Market Value Analysis
This analysis compares Chongqing Wanli New Energy 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: 4.48x
- 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 7.27x to 4.48x 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¥1.99 | CN¥14.47 | x |
| 1995-12-31 | CN¥1.79 | CN¥14.47 | x |
| 1996-12-31 | CN¥1.88 | CN¥14.47 | x |
| 1997-12-31 | CN¥1.44 | CN¥14.47 | x |
| 1998-12-31 | CN¥1.03 | CN¥14.47 | x |
| 1999-12-31 | CN¥1.05 | CN¥14.47 | x |
| 2000-12-31 | CN¥1.16 | CN¥14.47 | x |
| 2001-12-31 | CN¥1.04 | CN¥14.47 | x |
| 2002-12-31 | CN¥0.75 | CN¥14.47 | x |
| 2003-12-31 | CN¥0.56 | CN¥14.47 | x |
| 2004-12-31 | CN¥0.57 | CN¥14.47 | x |
| 2005-12-31 | CN¥0.32 | CN¥14.47 | x |
| 2006-12-31 | CN¥0.35 | CN¥14.47 | x |
| 2007-12-31 | CN¥0.51 | CN¥14.47 | x |
| 2008-12-31 | CN¥0.53 | CN¥14.47 | x |
| 2009-12-31 | CN¥0.60 | CN¥14.47 | x |
| 2010-12-31 | CN¥0.48 | CN¥14.47 | x |
| 2011-12-31 | CN¥0.52 | CN¥14.47 | x |
| 2012-12-31 | CN¥0.54 | CN¥14.47 | x |
| 2013-12-31 | CN¥6.70 | CN¥14.47 | x |
| 2014-12-31 | CN¥3.22 | CN¥14.47 | x |
| 2015-12-31 | CN¥4.66 | CN¥14.47 | x |
| 2016-12-31 | CN¥4.38 | CN¥14.47 | x |
| 2017-12-31 | CN¥4.38 | CN¥14.47 | x |
| 2018-12-31 | CN¥4.45 | CN¥14.47 | x |
| 2019-12-31 | CN¥4.65 | CN¥14.47 | x |
| 2020-12-31 | CN¥5.18 | CN¥14.47 | x |
| 2021-12-31 | CN¥4.30 | CN¥14.47 | x |
| 2022-12-31 | CN¥4.42 | CN¥14.47 | x |
| 2023-12-31 | CN¥4.22 | CN¥14.47 | x |
| 2024-12-31 | CN¥3.57 | CN¥14.47 | x |
| 2025-12-31 | CN¥3.23 | CN¥14.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing Wanli New Energy 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): -10.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.45%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.15x
- Recent ROE (-10.70%) is below the historical average (-7.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 11.60% | 14.88% | 0.53x | 1.47x | CN¥2.70 Million |
| 1995 | 2.79% | 3.06% | 0.54x | 1.69x | CN¥-10.95 Million |
| 1996 | 1.03% | 1.26% | 0.49x | 1.69x | CN¥-14.32 Million |
| 1997 | -30.11% | -30.32% | 0.53x | 1.87x | CN¥-49.21 Million |
| 1998 | -36.59% | -31.34% | 0.51x | 2.30x | CN¥-40.76 Million |
| 1999 | 6.52% | 6.80% | 0.45x | 2.15x | CN¥-3.11 Million |
| 2000 | 9.18% | 9.31% | 0.49x | 2.02x | CN¥-810.04K |
| 2001 | 1.53% | 1.23% | 0.56x | 2.23x | CN¥-7.52 Million |
| 2002 | -39.90% | -21.21% | 0.69x | 2.71x | CN¥-31.65 Million |
| 2003 | -33.15% | -15.84% | 0.65x | 3.22x | CN¥-20.55 Million |
| 2004 | 2.45% | 1.00% | 0.84x | 2.91x | CN¥-3.69 Million |
| 2005 | -81.51% | -20.71% | 0.94x | 4.19x | CN¥-24.62 Million |
| 2006 | 23.02% | 5.81% | 1.04x | 3.83x | CN¥3.85 Million |
| 2007 | 29.56% | 20.55% | 0.43x | 3.38x | CN¥8.59 Million |
| 2008 | -22.74% | -25.61% | 0.29x | 3.03x | CN¥-15.53 Million |
| 2009 | 4.67% | 2.40% | 0.48x | 4.05x | CN¥-2.85 Million |
| 2010 | -33.55% | -14.99% | 0.32x | 7.08x | CN¥-18.16 Million |
| 2011 | 7.75% | 2.82% | 0.45x | 6.05x | CN¥-1.02 Million |
| 2012 | 7.47% | 2.60% | 0.47x | 6.08x | CN¥-1.27 Million |
| 2013 | -1.94% | -9.77% | 0.17x | 1.19x | CN¥-84.11 Million |
| 2014 | 0.31% | 0.94% | 0.26x | 1.25x | CN¥-68.99 Million |
| 2015 | -2.79% | -7.96% | 0.28x | 1.26x | CN¥-90.76 Million |
| 2016 | -6.39% | -12.14% | 0.48x | 1.09x | CN¥-109.56 Million |
| 2017 | 2.28% | 3.44% | 0.53x | 1.24x | CN¥-52.71 Million |
| 2018 | -22.93% | -26.92% | 0.77x | 1.11x | CN¥-224.60 Million |
| 2019 | 1.29% | 1.61% | 0.73x | 1.09x | CN¥-60.19 Million |
| 2020 | 0.58% | 0.69% | 0.77x | 1.09x | CN¥-65.47 Million |
| 2021 | -1.39% | -1.69% | 0.74x | 1.12x | CN¥-79.02 Million |
| 2022 | -4.75% | -6.96% | 0.62x | 1.10x | CN¥-101.53 Million |
| 2023 | -3.80% | -4.73% | 0.74x | 1.08x | CN¥-91.50 Million |
| 2024 | -7.20% | -6.82% | 0.93x | 1.13x | CN¥-94.17 Million |
| 2025 | -10.70% | -10.45% | 0.89x | 1.15x | CN¥-102.38 Million |
Industry Comparison
This section compares Chongqing Wanli New Energy Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $4,521,607,784
- Average return on equity (ROE) among peers: -17.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Wanli New Energy Co Ltd (600847) | CN¥479.20 Million | 11.60% | 0.10x | $324.57 Million |
| XJ Electric Co Ltd (000400) | $2.06 Billion | 5.67% | 0.94x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.81 Billion | 9.38% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $78.67 Million | 125.00% | 0.63x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.26 Billion | 6.39% | 3.26x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $8.26 Billion | 10.96% | 1.03x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $4.51 Billion | 5.52% | 0.51x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $24.50 Billion | 1.27% | 1.96x | $7.89 Billion |
About Chongqing Wanli New Energy Co Ltd
Chongqing Wanli New Energy Co., Ltd. engages in the design, manufacture, and sale of lead-acid batteries in China. The company was formerly known as Wanli Group Co., Ltd. and changed its name to Chongqing Wanli New Energy Co., Ltd. in January 2013. Chongqing Wanli New Energy Co., Ltd. was founded in 1943 and is based in Chongqing, China.