Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd (600863) - Net Assets

Latest as of March 2026: CN¥29.32 Billion CNY ≈ $4.29 Billion USD

Based on the latest financial reports, Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd (600863) has net assets worth CN¥29.32 Billion CNY (≈ $4.29 Billion 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¥48.59 Billion ≈ $7.11 Billion USD) and total liabilities (CN¥19.26 Billion ≈ $2.82 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 Inner Mongolia MengDian HuaNeng Thermal (600863) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥29.32 Billion
% of Total Assets 60.35%
Annual Growth Rate 11.2%
5-Year Change 20.02%
10-Year Change 70.26%
Growth Volatility 32.0

Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd - Net Assets Trend (1994–2025)

This chart illustrates how Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd's net assets have evolved over time, based on quarterly financial data. See 600863 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd (1994–2025)

The table below shows the annual net assets of Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd from 1994 to 2025. For live valuation and market cap data, see 600863 market cap.

Year Net Assets Change
2025-12-31 CN¥22.99 Billion
≈ $3.36 Billion		 -2.47%
2024-12-31 CN¥23.58 Billion
≈ $3.45 Billion		 +1.17%
2023-12-31 CN¥23.30 Billion
≈ $3.41 Billion		 +13.16%
2022-12-31 CN¥20.59 Billion
≈ $3.01 Billion		 +7.49%
2021-12-31 CN¥19.16 Billion
≈ $2.80 Billion		 +5.44%
2020-12-31 CN¥18.17 Billion
≈ $2.66 Billion		 +3.80%
2019-12-31 CN¥17.51 Billion
≈ $2.56 Billion		 +6.40%
2018-12-31 CN¥16.45 Billion
≈ $2.41 Billion		 +19.58%
2017-12-31 CN¥13.76 Billion
≈ $2.01 Billion		 +1.87%
2016-12-31 CN¥13.51 Billion
≈ $1.98 Billion		 -1.48%
2015-12-31 CN¥13.71 Billion
≈ $2.01 Billion		 -4.28%
2014-12-31 CN¥14.32 Billion
≈ $2.10 Billion		 +3.32%
2013-12-31 CN¥13.86 Billion
≈ $2.03 Billion		 +6.71%
2012-12-31 CN¥12.99 Billion
≈ $1.90 Billion		 +78.71%
2011-12-31 CN¥7.27 Billion
≈ $1.06 Billion		 +12.66%
2010-12-31 CN¥6.45 Billion
≈ $944.12 Million		 +13.50%
2009-12-31 CN¥5.68 Billion
≈ $831.79 Million		 +6.36%
2008-12-31 CN¥5.34 Billion
≈ $782.05 Million		 -15.41%
2007-12-31 CN¥6.32 Billion
≈ $924.51 Million		 +2.25%
2006-12-31 CN¥6.18 Billion
≈ $904.14 Million		 +5.49%
2005-12-31 CN¥5.86 Billion
≈ $857.13 Million		 +2.29%
2004-12-31 CN¥5.73 Billion
≈ $837.97 Million		 +8.14%
2003-12-31 CN¥5.30 Billion
≈ $774.91 Million		 +15.96%
2002-12-31 CN¥4.57 Billion
≈ $668.23 Million		 +22.71%
2001-12-31 CN¥3.72 Billion
≈ $544.55 Million		 +11.31%
2000-12-31 CN¥3.34 Billion
≈ $489.23 Million		 +3.59%
1999-12-31 CN¥3.23 Billion
≈ $472.25 Million		 +169.18%
1998-12-31 CN¥1.20 Billion
≈ $175.44 Million		 +8.98%
1997-12-31 CN¥1.10 Billion
≈ $160.99 Million		 +11.90%
1996-12-31 CN¥983.18 Million
≈ $143.87 Million		 +18.33%
1995-12-31 CN¥830.88 Million
≈ $121.58 Million		 -3.01%
1994-12-31 CN¥856.63 Million
≈ $125.35 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 12401.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥7.33 Billion 46.60%
Other Components CN¥8.41 Billion 53.40%
Total Equity CN¥15.74 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
Chailease Holding Co Ltd
TW:5871
 $6.15 Billion
Kiwoom
KO:039490
 $6.15 Billion
Caihong Display Devices Co Ltd
SHG:600707
 $6.15 Billion
thyssenkrupp AG
F:TKA1
 $6.15 Billion
ESAB Corp
NYSE:ESAB
 $6.15 Billion
LI NING CO.LTD UNS.ADR/25
F:LNL
 $6.14 Billion
Huaan Securities Co Ltd
SHG:600909
 $6.14 Billion
Chime Financial, Inc. Class A Common Stock
NASDAQ:CHYM
 $6.14 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 2024 to 2025, total equity changed from 17,897,711,501 to 15,741,497,471, a change of -2,156,214,030 (-12.0%).
  • Net income of 2,493,439,066 contributed positively to equity growth.
  • Dividend payments of 1,806,052,471 reduced retained earnings.
  • Other factors decreased equity by 2,843,600,625.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥2.49 Billion +15.84%
Dividends Paid CN¥1.81 Billion -11.47%
Other Changes CN¥-2.84 Billion -18.06%
Total Change CN¥- -12.05%

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: 2.22x
  • 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 28.14x to 2.22x 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¥5.36 x
1995-12-31 CN¥0.18 CN¥5.36 x
1996-12-31 CN¥0.22 CN¥5.36 x
1997-12-31 CN¥0.24 CN¥5.36 x
1998-12-31 CN¥0.27 CN¥5.36 x
1999-12-31 CN¥0.72 CN¥5.36 x
2000-12-31 CN¥0.74 CN¥5.36 x
2001-12-31 CN¥0.83 CN¥5.36 x
2002-12-31 CN¥0.85 CN¥5.36 x
2003-12-31 CN¥0.92 CN¥5.36 x
2004-12-31 CN¥0.99 CN¥5.36 x
2005-12-31 CN¥0.95 CN¥5.36 x
2006-12-31 CN¥1.00 CN¥5.36 x
2007-12-31 CN¥0.95 CN¥5.36 x
2008-12-31 CN¥0.73 CN¥5.36 x
2009-12-31 CN¥0.75 CN¥5.36 x
2010-12-31 CN¥0.91 CN¥5.36 x
2011-12-31 CN¥1.05 CN¥5.36 x
2012-12-31 CN¥1.86 CN¥5.36 x
2013-12-31 CN¥1.89 CN¥5.36 x
2014-12-31 CN¥1.80 CN¥5.36 x
2015-12-31 CN¥1.76 CN¥5.36 x
2016-12-31 CN¥1.87 CN¥5.36 x
2017-12-31 CN¥1.85 CN¥5.36 x
2018-12-31 CN¥2.18 CN¥5.36 x
2019-12-31 CN¥2.41 CN¥5.36 x
2020-12-31 CN¥2.56 CN¥5.36 x
2021-12-31 CN¥2.48 CN¥5.36 x
2022-12-31 CN¥2.66 CN¥5.36 x
2023-12-31 CN¥2.81 CN¥5.36 x
2024-12-31 CN¥2.62 CN¥5.36 x
2025-12-31 CN¥2.41 CN¥5.36 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): 15.84%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.85%
  • • Asset Turnover: 0.43x
  • • Equity Multiplier: 3.09x
  • Recent ROE (15.84%) is above the historical average (7.84%), 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
2025 15.84% 11.85% 0.43x 3.09x CN¥919.29 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: $32,173,723,637
  • Average return on equity (ROE) among peers: 17.06%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd (600863) CN¥29.32 Billion 8.30% 0.66x $6.15 Billion
Guangdong Baolihua New Energy Stock Co LTD (000690) $7.77 Million 87.79% 2.68x $1.64 Billion
CGN Power (003816) $172.32 Billion 6.28% 1.47x $23.48 Billion
Henan BCCY Environmental Energy Co. Ltd (300614) $1.67 Billion -5.85% 0.51x $255.67 Million
Huaneng Power International Inc (600011) $15.00 Billion 11.08% 1.37x $12.30 Billion
Zhejiang Zheneng Electric Power Co Ltd (600023) $71.79 Billion -1.17% 0.61x $11.30 Billion
Beijing Jingneng Power Co Ltd (600578) $26.48 Billion 2.02% 1.30x $7.44 Billion
Sichuan Chuantou Energy Co Ltd (600674) $241.45 Million 21.67% 2.26x $10.21 Billion
Dalian Thermal Power Co Ltd (600719) $371.07 Million 20.85% 0.98x $528.11 Million
Huadian Energy (600726) $1.69 Billion 10.92% 0.48x $8.62 Billion

About Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd

SHG:600863 China Utilities - Independent Power Producers
Market Cap
$6.15 Billion
CN¥42.00 Billion CNY
Market Cap Rank
#3176 Global
#436 in China
Share Price
CN¥5.36
Change (1 day)
-5.63%
52-Week Range
CN¥4.00 - CN¥7.92
All Time High
CN¥7.92
Categories
Companies in China Utilities - Independent Power Producers
About

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