Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd
Inner Mongolia MengDian HuaNeng Thermal Power Corporation Limited engages in thermal power generation and heating businesses in China. The company is involved in the production, supply, sale, maintenance, and management of steam and hot water, wind and solar power, and other energy power generation assets; and development, construction, operation, and management of coal, coal chemical, and deep c… Read more
Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd (600863) - Net Assets
Latest net assets as of September 2025: CN¥23.70 Billion CNY
Based on the latest financial reports, Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd (600863) has net assets worth CN¥23.70 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¥40.79 Billion) and total liabilities (CN¥17.09 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¥23.70 Billion |
| % of Total Assets | 58.1% |
| Annual Growth Rate | 11.68% |
| 5-Year Change | 29.76% |
| 10-Year Change | 71.99% |
| Growth Volatility | 32.38 |
Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Inner Mongolia MengDian HuaNeng Thermal Power Corp 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 Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd (1994–2024)
The table below shows the annual net assets of Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥23.58 Billion | +1.17% |
| 2023-12-31 | CN¥23.30 Billion | +13.16% |
| 2022-12-31 | CN¥20.59 Billion | +7.49% |
| 2021-12-31 | CN¥19.16 Billion | +5.44% |
| 2020-12-31 | CN¥18.17 Billion | +3.80% |
| 2019-12-31 | CN¥17.51 Billion | +6.40% |
| 2018-12-31 | CN¥16.45 Billion | +19.58% |
| 2017-12-31 | CN¥13.76 Billion | +1.87% |
| 2016-12-31 | CN¥13.51 Billion | -1.48% |
| 2015-12-31 | CN¥13.71 Billion | -4.28% |
| 2014-12-31 | CN¥14.32 Billion | +3.32% |
| 2013-12-31 | CN¥13.86 Billion | +6.71% |
| 2012-12-31 | CN¥12.99 Billion | +78.71% |
| 2011-12-31 | CN¥7.27 Billion | +12.66% |
| 2010-12-31 | CN¥6.45 Billion | +13.50% |
| 2009-12-31 | CN¥5.68 Billion | +6.36% |
| 2008-12-31 | CN¥5.34 Billion | -15.41% |
| 2007-12-31 | CN¥6.32 Billion | +2.25% |
| 2006-12-31 | CN¥6.18 Billion | +5.49% |
| 2005-12-31 | CN¥5.86 Billion | +2.29% |
| 2004-12-31 | CN¥5.73 Billion | +8.14% |
| 2003-12-31 | CN¥5.30 Billion | +15.96% |
| 2002-12-31 | CN¥4.57 Billion | +22.71% |
| 2001-12-31 | CN¥3.72 Billion | +11.31% |
| 2000-12-31 | CN¥3.34 Billion | +3.59% |
| 1999-12-31 | CN¥3.23 Billion | +169.18% |
| 1998-12-31 | CN¥1.20 Billion | +8.98% |
| 1997-12-31 | CN¥1.10 Billion | +11.90% |
| 1996-12-31 | CN¥983.18 Million | +18.33% |
| 1995-12-31 | CN¥830.88 Million | -3.01% |
| 1994-12-31 | CN¥856.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Inner Mongolia MengDian HuaNeng Thermal Power Corp 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 9003.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.34 Billion | 29.84% |
| Common Stock | CN¥6.53 Billion | 36.47% |
| Other Components | CN¥6.03 Billion | 33.69% |
| Total Equity | CN¥17.90 Billion | 100.00% |
Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd Competitors by Market Cap
The table below lists competitors of Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TISCO Financial Group Public Company Limited
BK:TISCO
|
$2.25 Billion |
|
Lineage, Inc. Common Stock
NASDAQ:LINE
|
$2.25 Billion |
|
SPS Commerce Inc
NASDAQ:SPSC
|
$2.25 Billion |
|
Katilimevim Tasaruf Finansman A.S.
IS:KTLEV
|
$2.25 Billion |
|
Ascentage Pharma Group International
NASDAQ:AAPG
|
$2.25 Billion |
|
MiTAC Holdings Corp
TW:3706
|
$2.25 Billion |
|
Zai Lab Ltd
NASDAQ:ZLAB
|
$2.24 Billion |
|
COFCO Tunhe Sugar Co Ltd
SHG:600737
|
$2.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,322,473,562 to 17,897,711,501, a change of -424,762,061 (-2.3%).
- Net income of 2,325,223,364 contributed positively to equity growth.
- Dividend payments of 1,585,918,710 reduced retained earnings.
- Share repurchases of 156,000 reduced equity.
- Other factors decreased equity by 1,163,910,715.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.33 Billion | +12.99% |
| Dividends Paid | CN¥1.59 Billion | -8.86% |
| Share Repurchases | CN¥156.00K | -0.0% |
| Other Changes | CN¥-1.16 Billion | -6.5% |
| Total Change | CN¥- | -2.32% |
Book Value vs Market Value Analysis
This analysis compares Inner Mongolia MengDian HuaNeng Thermal Power Corp 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: 2.05x
- 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 28.19x to 2.05x 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¥0.19 | CN¥5.37 | x |
| 1995-12-31 | CN¥0.18 | CN¥5.37 | x |
| 1996-12-31 | CN¥0.22 | CN¥5.37 | x |
| 1997-12-31 | CN¥0.24 | CN¥5.37 | x |
| 1998-12-31 | CN¥0.27 | CN¥5.37 | x |
| 1999-12-31 | CN¥0.72 | CN¥5.37 | x |
| 2000-12-31 | CN¥0.74 | CN¥5.37 | x |
| 2001-12-31 | CN¥0.83 | CN¥5.37 | x |
| 2002-12-31 | CN¥0.85 | CN¥5.37 | x |
| 2003-12-31 | CN¥0.92 | CN¥5.37 | x |
| 2004-12-31 | CN¥0.99 | CN¥5.37 | x |
| 2005-12-31 | CN¥0.95 | CN¥5.37 | x |
| 2006-12-31 | CN¥1.00 | CN¥5.37 | x |
| 2007-12-31 | CN¥0.95 | CN¥5.37 | x |
| 2008-12-31 | CN¥0.73 | CN¥5.37 | x |
| 2009-12-31 | CN¥0.75 | CN¥5.37 | x |
| 2010-12-31 | CN¥0.91 | CN¥5.37 | x |
| 2011-12-31 | CN¥1.05 | CN¥5.37 | x |
| 2012-12-31 | CN¥1.86 | CN¥5.37 | x |
| 2013-12-31 | CN¥1.89 | CN¥5.37 | x |
| 2014-12-31 | CN¥1.80 | CN¥5.37 | x |
| 2015-12-31 | CN¥1.76 | CN¥5.37 | x |
| 2016-12-31 | CN¥1.87 | CN¥5.37 | x |
| 2017-12-31 | CN¥1.85 | CN¥5.37 | x |
| 2018-12-31 | CN¥2.18 | CN¥5.37 | x |
| 2019-12-31 | CN¥2.41 | CN¥5.37 | x |
| 2020-12-31 | CN¥2.56 | CN¥5.37 | x |
| 2021-12-31 | CN¥2.48 | CN¥5.37 | x |
| 2022-12-31 | CN¥2.66 | CN¥5.37 | x |
| 2023-12-31 | CN¥2.81 | CN¥5.37 | x |
| 2024-12-31 | CN¥2.62 | CN¥5.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inner Mongolia MengDian HuaNeng Thermal Power Corp 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): 12.99%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.43%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.23x
- Recent ROE (12.99%) is above the historical average (7.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 8.30% | 20.60% | 0.34x | 1.17x | CN¥-14.55 Million |
| 1995 | 9.73% | 22.66% | 0.34x | 1.25x | CN¥-2.20 Million |
| 1996 | 9.39% | 23.77% | 0.35x | 1.14x | CN¥-6.03 Million |
| 1997 | 10.62% | 27.60% | 0.34x | 1.12x | CN¥6.84 Million |
| 1998 | 16.70% | 47.78% | 0.29x | 1.23x | CN¥80.36 Million |
| 1999 | 1.97% | 5.19% | 0.33x | 1.14x | CN¥-259.09 Million |
| 2000 | 8.58% | 20.16% | 0.38x | 1.13x | CN¥-47.47 Million |
| 2001 | 5.92% | 13.62% | 0.39x | 1.12x | CN¥-151.63 Million |
| 2002 | 6.23% | 11.90% | 0.25x | 2.11x | CN¥-144.93 Million |
| 2003 | 8.05% | 11.01% | 0.26x | 2.81x | CN¥-81.04 Million |
| 2004 | 6.53% | 7.10% | 0.26x | 3.53x | CN¥-154.06 Million |
| 2005 | 1.59% | 1.32% | 0.28x | 4.28x | CN¥-360.64 Million |
| 2006 | 4.89% | 3.21% | 0.30x | 5.01x | CN¥-217.63 Million |
| 2007 | 4.73% | 2.93% | 0.29x | 5.61x | CN¥-222.29 Million |
| 2008 | -19.76% | -8.26% | 0.34x | 7.12x | CN¥-971.91 Million |
| 2009 | 11.83% | 5.61% | 0.32x | 6.55x | CN¥62.39 Million |
| 2010 | 16.03% | 9.70% | 0.29x | 5.78x | CN¥245.90 Million |
| 2011 | 13.87% | 9.06% | 0.28x | 5.47x | CN¥182.65 Million |
| 2012 | 12.90% | 11.72% | 0.31x | 3.59x | CN¥291.47 Million |
| 2013 | 12.70% | 10.05% | 0.39x | 3.28x | CN¥293.67 Million |
| 2014 | 12.81% | 9.99% | 0.35x | 3.64x | CN¥298.71 Million |
| 2015 | 6.81% | 6.46% | 0.28x | 3.72x | CN¥-328.23 Million |
| 2016 | 3.74% | 3.94% | 0.25x | 3.86x | CN¥-643.14 Million |
| 2017 | 4.87% | 4.36% | 0.27x | 4.08x | CN¥-541.22 Million |
| 2018 | 5.97% | 5.69% | 0.32x | 3.28x | CN¥-528.22 Million |
| 2019 | 7.89% | 7.63% | 0.32x | 3.19x | CN¥-295.18 Million |
| 2020 | 5.11% | 4.94% | 0.36x | 2.88x | CN¥-727.81 Million |
| 2021 | 3.06% | 2.61% | 0.46x | 2.57x | CN¥-1.12 Billion |
| 2022 | 10.16% | 7.66% | 0.57x | 2.31x | CN¥28.00 Million |
| 2023 | 10.94% | 8.90% | 0.57x | 2.15x | CN¥172.62 Million |
| 2024 | 12.99% | 10.43% | 0.56x | 2.23x | CN¥535.45 Million |
Industry Comparison
This section compares Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $34,560,427,638
- Average return on equity (ROE) among peers: 2.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd (600863) | CN¥23.70 Billion | 8.30% | 0.72x | $2.25 Billion |
| Guangdong Baolihua New Energy Stock Co LTD (000690) | $326.87 Million | 9.45% | 0.52x | $1.19 Billion |
| CGN Power (003816) | $135.29 Billion | 7.00% | 1.87x | $8.87 Billion |
| Henan BCCY Environmental Energy Co. Ltd (300614) | $1.28 Billion | -22.09% | 0.72x | $177.35 Million |
| Zhejiang Zheneng Electric Power Co Ltd (600023) | $68.80 Billion | 6.30% | 0.64x | $2.20 Billion |
| Beijing Jingneng Power Co Ltd (600578) | $26.29 Billion | -11.86% | 2.14x | $1.37 Billion |
| Sichuan Chuantou Energy Co Ltd (600674) | $609.21 Million | 10.97% | 0.54x | $3.44 Billion |
| Dalian Thermal Power Co Ltd (600719) | $453.63 Million | 10.89% | 1.20x | $250.11 Million |
| Huadian Energy (600726) | $1.69 Billion | 10.92% | 0.48x | $855.33 Million |
| Datang International Power Generation Co Ltd Class A (601991) | $76.31 Billion | -0.53% | 3.00x | $3.85 Billion |