Far East Smarter Energy Co Ltd (600869) - Net Assets

Latest as of September 2025: CN¥4.30 Billion CNY ≈ $629.90 Million USD

Based on the latest financial reports, Far East Smarter Energy Co Ltd (600869) has net assets worth CN¥4.30 Billion CNY (≈ $629.90 Million 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¥21.28 Billion ≈ $3.11 Billion USD) and total liabilities (CN¥16.98 Billion ≈ $2.48 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 asset resilience ratio of Far East Smarter Energy Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥4.30 Billion
% of Total Assets 20.23%
Annual Growth Rate 15.39%
5-Year Change 31.78%
10-Year Change -0.65%
Growth Volatility 332.53

Far East Smarter Energy Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Far East Smarter Energy Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Far East Smarter Energy Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Far East Smarter Energy Co Ltd (1994–2024)

The table below shows the annual net assets of Far East Smarter Energy Co Ltd from 1994 to 2024. For live valuation and market cap data, see Far East Smarter Energy Co Ltd stock valuation.

Year Net Assets Change
2024-12-31 CN¥4.33 Billion
≈ $633.32 Million		 -8.96%
2023-12-31 CN¥4.75 Billion
≈ $695.68 Million		 +7.21%
2022-12-31 CN¥4.43 Billion
≈ $648.88 Million		 +15.79%
2021-12-31 CN¥3.83 Billion
≈ $560.40 Million		 +16.61%
2020-12-31 CN¥3.28 Billion
≈ $480.59 Million		 -34.45%
2019-12-31 CN¥5.01 Billion
≈ $733.20 Million		 +0.60%
2018-12-31 CN¥4.98 Billion
≈ $728.81 Million		 -17.11%
2017-12-31 CN¥6.01 Billion
≈ $879.23 Million		 +2.15%
2016-12-31 CN¥5.88 Billion
≈ $860.73 Million		 +35.03%
2015-12-31 CN¥4.36 Billion
≈ $637.43 Million		 +31.88%
2014-12-31 CN¥3.30 Billion
≈ $483.36 Million		 +6.44%
2013-12-31 CN¥3.10 Billion
≈ $454.10 Million		 +3.04%
2012-12-31 CN¥3.01 Billion
≈ $440.69 Million		 -7.71%
2011-12-31 CN¥3.26 Billion
≈ $477.48 Million		 +119.60%
2010-12-31 CN¥1.49 Billion
≈ $217.44 Million		 +1842.51%
2009-12-31 CN¥76.50 Million
≈ $11.19 Million		 -1.31%
2008-12-31 CN¥77.51 Million
≈ $11.34 Million		 -45.43%
2007-12-31 CN¥142.03 Million
≈ $20.78 Million		 -3.97%
2006-12-31 CN¥147.90 Million
≈ $21.64 Million		 +6.21%
2005-12-31 CN¥139.25 Million
≈ $20.38 Million		 +7.68%
2004-12-31 CN¥129.31 Million
≈ $18.92 Million		 +4.72%
2003-12-31 CN¥123.48 Million
≈ $18.07 Million		 -3.82%
2002-12-31 CN¥128.39 Million
≈ $18.79 Million		 -38.74%
2001-12-31 CN¥209.56 Million
≈ $30.67 Million		 -8.60%
2000-12-31 CN¥229.27 Million
≈ $33.55 Million		 +3.48%
1999-12-31 CN¥221.56 Million
≈ $32.42 Million		 -3.10%
1998-12-31 CN¥228.66 Million
≈ $33.46 Million		 -2.90%
1997-12-31 CN¥235.48 Million
≈ $34.46 Million		 +2.34%
1996-12-31 CN¥230.10 Million
≈ $33.67 Million		 +13.91%
1995-12-31 CN¥202.00 Million
≈ $29.56 Million		 +242.37%
1994-12-31 CN¥59.00 Million
≈ $8.63 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Far East Smarter 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 grown by 4525.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥416.01 Million 9.73%
Common Stock CN¥2.22 Billion 51.91%
Other Components CN¥1.64 Billion 38.36%
Total Equity CN¥4.28 Billion 100.00%

Far East Smarter Energy Co Ltd Competitors by Market Cap

The table below lists competitors of Far East Smarter Energy Co Ltd ranked by their market capitalization.

Company Market Cap
Reinet Investments S.C.A
AS:REINA
 $5.93 Billion
Migdal Insurance
TA:MGDL
 $5.93 Billion
Galaxy Digital Holdings Ltd
NASDAQ:GLXY
 $5.93 Billion
OUTSURANCE GROUP LTD
JSE:OUT
 $5.94 Billion
China Nuclear Engineering Co
SHG:601611
 $5.92 Billion
LB Group Co Ltd
SHE:002601
 $5.92 Billion
Cleveland-Cliffs Inc
NYSE:CLF
 $5.92 Billion
Reece Ltd
AU:REH
 $5.91 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Far East Smarter Energy Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,665,379,536 to 4,275,514,545, a change of -389,864,991 (-8.4%).
  • Net loss of 318,042,417 reduced equity.
  • Dividend payments of 488,114,823 reduced retained earnings.
  • Other factors increased equity by 416,292,249.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-318.04 Million -7.44%
Dividends Paid CN¥488.11 Million -11.42%
Other Changes CN¥416.29 Million +9.74%
Total Change CN¥- -8.36%

Book Value vs Market Value Analysis

This analysis compares Far East Smarter 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: 9.47x
  • 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 151.57x to 9.47x 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¥0.12 CN¥18.24 x
1995-12-31 CN¥0.41 CN¥18.24 x
1996-12-31 CN¥0.47 CN¥18.24 x
1997-12-31 CN¥0.48 CN¥18.24 x
1998-12-31 CN¥0.46 CN¥18.24 x
1999-12-31 CN¥0.44 CN¥18.24 x
2000-12-31 CN¥0.46 CN¥18.24 x
2001-12-31 CN¥0.42 CN¥18.24 x
2002-12-31 CN¥0.18 CN¥18.24 x
2003-12-31 CN¥0.17 CN¥18.24 x
2004-12-31 CN¥0.18 CN¥18.24 x
2005-12-31 CN¥0.19 CN¥18.24 x
2006-12-31 CN¥0.30 CN¥18.24 x
2007-12-31 CN¥0.28 CN¥18.24 x
2008-12-31 CN¥0.16 CN¥18.24 x
2009-12-31 CN¥0.04 CN¥18.24 x
2010-12-31 CN¥0.87 CN¥18.24 x
2011-12-31 CN¥1.88 CN¥18.24 x
2012-12-31 CN¥1.48 CN¥18.24 x
2013-12-31 CN¥1.53 CN¥18.24 x
2014-12-31 CN¥1.57 CN¥18.24 x
2015-12-31 CN¥2.09 CN¥18.24 x
2016-12-31 CN¥2.62 CN¥18.24 x
2017-12-31 CN¥2.52 CN¥18.24 x
2018-12-31 CN¥2.19 CN¥18.24 x
2019-12-31 CN¥2.21 CN¥18.24 x
2020-12-31 CN¥1.43 CN¥18.24 x
2021-12-31 CN¥1.68 CN¥18.24 x
2022-12-31 CN¥1.94 CN¥18.24 x
2023-12-31 CN¥2.10 CN¥18.24 x
2024-12-31 CN¥1.93 CN¥18.24 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Far East Smarter 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): -7.44%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.22%
  • • Asset Turnover: 1.29x
  • • Equity Multiplier: 4.72x
  • Recent ROE (-7.44%) is below the historical average (-1.10%), 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 15.25% 11.05% 0.85x 1.63x CN¥3.09 Million
1995 16.58% 35.65% 0.34x 1.37x CN¥13.30 Million
1996 11.35% 25.87% 0.31x 1.40x CN¥3.07 Million
1997 0.72% 1.78% 0.27x 1.47x CN¥-21.67 Million
1998 -1.97% -4.14% 0.32x 1.50x CN¥-27.13 Million
1999 2.73% 5.29% 0.32x 1.62x CN¥-15.83 Million
2000 4.28% 8.03% 0.32x 1.67x CN¥-13.00 Million
2001 0.85% 1.50% 0.28x 2.04x CN¥-18.94 Million
2002 -63.84% -86.12% 0.28x 2.69x CN¥-93.32 Million
2003 -13.83% -14.57% 0.32x 2.98x CN¥-28.99 Million
2004 13.74% 12.42% 0.38x 2.90x CN¥4.76 Million
2005 6.87% 6.32% 0.45x 2.40x CN¥-4.31 Million
2006 5.03% 4.50% 0.47x 2.36x CN¥-7.27 Million
2007 4.66% 3.71% 0.55x 2.27x CN¥-7.50 Million
2008 -74.40% -27.17% 0.75x 3.63x CN¥-64.04 Million
2009 3.04% 1.08% 0.69x 4.07x CN¥-5.23 Million
2010 20.37% 3.20% 1.14x 5.59x CN¥153.99 Million
2011 10.12% 3.00% 1.01x 3.33x CN¥4.05 Million
2012 -4.86% -1.44% 1.07x 3.14x CN¥-434.67 Million
2013 10.00% 2.62% 1.16x 3.29x CN¥-147.58K
2014 5.87% 1.61% 0.93x 3.93x CN¥-128.70 Million
2015 10.15% 3.61% 0.89x 3.17x CN¥6.43 Million
2016 5.10% 2.34% 0.90x 2.42x CN¥-275.98 Million
2017 0.91% 0.30% 0.91x 3.38x CN¥-507.63 Million
2018 3.05% 0.85% 0.95x 3.78x CN¥-337.45 Million
2019 0.92% 0.26% 0.97x 3.61x CN¥-444.93 Million
2020 -53.16% -8.54% 1.17x 5.30x CN¥-2.01 Billion
2021 14.20% 2.54% 1.19x 4.71x CN¥157.02 Million
2022 12.82% 2.55% 1.14x 4.43x CN¥121.52 Million
2023 6.85% 1.31% 1.22x 4.30x CN¥-146.87 Million
2024 -7.44% -1.22% 1.29x 4.72x CN¥-745.59 Million

Industry Comparison

This section compares Far East Smarter 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: $2,542,980,118
  • Average return on equity (ROE) among peers: 6.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Far East Smarter Energy Co Ltd (600869) CN¥4.30 Billion 15.25% 3.94x $5.92 Billion
XJ Electric Co Ltd (000400) $1.49 Billion 11.47% 0.73x $3.86 Billion
Guangdong Macro Co Ltd (000533) $598.74 Million 0.58% 4.38x $1.35 Billion
Foshan Electrical and Lighting Co Ltd (000541) $2.84 Billion 10.28% 0.11x $1.03 Billion
Dongfang Electronics Co Ltd (000682) $1.27 Billion 0.84% 0.19x $2.58 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $1.05 Billion -0.83% 4.35x $864.19 Million
Huagong Tech Co Ltd (000988) $7.43 Billion 10.24% 0.87x $18.42 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $1.48 Billion 7.41% 1.41x $1.82 Billion
Sieyuan Electric Co Ltd (002028) $8.60 Billion 13.93% 0.62x $23.55 Billion
Shanghai Welltech Automation Co Ltd (002058) $175.70 Million 4.41% 0.38x $525.19 Million
Gotion High tech Co Ltd (002074) $497.13 Million 7.34% 0.88x $10.24 Billion

About Far East Smarter Energy Co Ltd

SHG:600869 China Electrical Equipment & Parts
Market Cap
$5.92 Billion
CN¥40.48 Billion CNY
Market Cap Rank
#3229 Global
#473 in China
Share Price
CN¥18.24
Change (1 day)
+7.36%
52-Week Range
CN¥4.71 - CN¥18.24
All Time High
CN¥18.24
Categories
Companies in China Electrical Equipment & Parts
About

Far East Smarter Energy Co., Ltd. provides smart energy and digital city services in China and internationally. It is involved in the research, development, design, manufacture, market, and service of overhead conductor, power cable, wire and cable for electrical equipment, and special cable used in clean energy, smart grid, smart manufacturing, smart transportation, green building and etc.; low … Read more