Dongfang Electric Corp Ltd Class A (600875) - Net Assets
Based on the latest financial reports, Dongfang Electric Corp Ltd Class A (600875) has net assets worth CN¥49.81 Billion CNY (≈ $7.29 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¥163.12 Billion ≈ $23.87 Billion USD) and total liabilities (CN¥113.32 Billion ≈ $16.58 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 Dongfang Electric Corp Ltd Class A PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥49.81 Billion |
| % of Total Assets | 30.53% |
| Annual Growth Rate | 13.19% |
| 5-Year Change | 36.13% |
| 10-Year Change | 118.1% |
| Growth Volatility | 50.55 |
Dongfang Electric Corp Ltd Class A - Net Assets Trend (1995–2025)
This chart illustrates how Dongfang Electric Corp Ltd Class A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Dongfang Electric Corp Ltd Class A.
Annual Net Assets for Dongfang Electric Corp Ltd Class A (1995–2025)
The table below shows the annual net assets of Dongfang Electric Corp Ltd Class A from 1995 to 2025. Also explore 600875 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥48.17 Billion ≈ $7.05 Billion |
+11.65% |
| 2024-12-31 | CN¥43.14 Billion ≈ $6.31 Billion |
+4.66% |
| 2023-12-31 | CN¥41.22 Billion ≈ $6.03 Billion |
+6.72% |
| 2022-12-31 | CN¥38.62 Billion ≈ $5.65 Billion |
+9.16% |
| 2021-12-31 | CN¥35.38 Billion ≈ $5.18 Billion |
+5.18% |
| 2020-12-31 | CN¥33.64 Billion ≈ $4.92 Billion |
+5.80% |
| 2019-12-31 | CN¥31.80 Billion ≈ $4.65 Billion |
+3.60% |
| 2018-12-31 | CN¥30.69 Billion ≈ $4.49 Billion |
+34.81% |
| 2017-12-31 | CN¥22.77 Billion ≈ $3.33 Billion |
+3.09% |
| 2016-12-31 | CN¥22.09 Billion ≈ $3.23 Billion |
-7.89% |
| 2015-12-31 | CN¥23.98 Billion ≈ $3.51 Billion |
+17.14% |
| 2014-12-31 | CN¥20.47 Billion ≈ $3.00 Billion |
+10.09% |
| 2013-12-31 | CN¥18.59 Billion ≈ $2.72 Billion |
+12.36% |
| 2012-12-31 | CN¥16.55 Billion ≈ $2.42 Billion |
+13.29% |
| 2011-12-31 | CN¥14.61 Billion ≈ $2.14 Billion |
+23.95% |
| 2010-12-31 | CN¥11.78 Billion ≈ $1.72 Billion |
+29.94% |
| 2009-12-31 | CN¥9.07 Billion ≈ $1.33 Billion |
+272.67% |
| 2008-12-31 | CN¥2.43 Billion ≈ $356.11 Million |
-37.09% |
| 2007-12-31 | CN¥3.87 Billion ≈ $566.03 Million |
+53.68% |
| 2006-12-31 | CN¥2.52 Billion ≈ $368.31 Million |
+37.19% |
| 2005-12-31 | CN¥1.83 Billion ≈ $268.47 Million |
+44.35% |
| 2004-12-31 | CN¥1.27 Billion ≈ $185.98 Million |
+33.78% |
| 2003-12-31 | CN¥950.02 Million ≈ $139.02 Million |
+4.64% |
| 2002-12-31 | CN¥907.91 Million ≈ $132.86 Million |
+2.39% |
| 2001-12-31 | CN¥886.71 Million ≈ $129.75 Million |
-22.76% |
| 2000-12-31 | CN¥1.15 Billion ≈ $167.99 Million |
-1.56% |
| 1999-12-31 | CN¥1.17 Billion ≈ $170.65 Million |
-3.87% |
| 1998-12-31 | CN¥1.21 Billion ≈ $177.51 Million |
+1.01% |
| 1997-12-31 | CN¥1.20 Billion ≈ $175.74 Million |
+1.54% |
| 1996-12-31 | CN¥1.18 Billion ≈ $173.07 Million |
+1.05% |
| 1995-12-31 | CN¥1.17 Billion ≈ $171.28 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Dongfang Electric Corp Ltd Class A'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 30956.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥25.01 Billion | 55.29% |
| Other Components | CN¥20.22 Billion | 44.71% |
| Total Equity | CN¥45.23 Billion | 100.00% |
Dongfang Electric Corp Ltd Class A Competitors by Market Cap
The table below lists competitors of Dongfang Electric Corp Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nordex SE
F:NDX1
|
$10.71 Billion |
|
Encompass Health Corp
NYSE:EHC
|
$10.72 Billion |
|
Align Technology Inc
NASDAQ:ALGN
|
$10.72 Billion |
|
RenaissanceRe Holdings Ltd
F:RRJ
|
$10.73 Billion |
|
Strabag SE
VI:STR
|
$10.70 Billion |
|
TMX Group Limited
TO:X
|
$10.69 Billion |
|
Futu Holdings Ltd
NASDAQ:FUTU
|
$10.66 Billion |
|
Chime Financial, Inc. Class A Common Stock
NASDAQ:CHYM
|
$10.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dongfang Electric Corp Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 38,796,282,000 to 45,234,558,939, a change of 6,438,276,939 (16.6%).
- Net income of 3,831,301,222 contributed positively to equity growth.
- Dividend payments of 1,456,847,124 reduced retained earnings.
- Other factors increased equity by 4,063,822,841.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥3.83 Billion | +8.47% |
| Dividends Paid | CN¥1.46 Billion | -3.22% |
| Other Changes | CN¥4.06 Billion | +8.98% |
| Total Change | CN¥- | 16.60% |
Book Value vs Market Value Analysis
This analysis compares Dongfang Electric Corp Ltd Class A'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: 1.83x
- 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 33.53x to 1.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.72 | CN¥23.98 | x |
| 1996-12-31 | CN¥0.72 | CN¥23.98 | x |
| 1997-12-31 | CN¥0.73 | CN¥23.98 | x |
| 1998-12-31 | CN¥0.74 | CN¥23.98 | x |
| 1999-12-31 | CN¥0.71 | CN¥23.98 | x |
| 2000-12-31 | CN¥0.70 | CN¥23.98 | x |
| 2001-12-31 | CN¥0.54 | CN¥23.98 | x |
| 2002-12-31 | CN¥1.02 | CN¥23.98 | x |
| 2003-12-31 | CN¥1.06 | CN¥23.98 | x |
| 2004-12-31 | CN¥1.42 | CN¥23.98 | x |
| 2005-12-31 | CN¥2.05 | CN¥23.98 | x |
| 2006-12-31 | CN¥1.54 | CN¥23.98 | x |
| 2007-12-31 | CN¥1.84 | CN¥23.98 | x |
| 2008-12-31 | CN¥1.40 | CN¥23.98 | x |
| 2009-12-31 | CN¥4.87 | CN¥23.98 | x |
| 2010-12-31 | CN¥5.53 | CN¥23.98 | x |
| 2011-12-31 | CN¥6.91 | CN¥23.98 | x |
| 2012-12-31 | CN¥7.80 | CN¥23.98 | x |
| 2013-12-31 | CN¥7.68 | CN¥23.98 | x |
| 2014-12-31 | CN¥9.02 | CN¥23.98 | x |
| 2015-12-31 | CN¥9.98 | CN¥23.98 | x |
| 2016-12-31 | CN¥9.01 | CN¥23.98 | x |
| 2017-12-31 | CN¥7.02 | CN¥23.98 | x |
| 2018-12-31 | CN¥9.37 | CN¥23.98 | x |
| 2019-12-31 | CN¥9.62 | CN¥23.98 | x |
| 2020-12-31 | CN¥9.92 | CN¥23.98 | x |
| 2021-12-31 | CN¥10.51 | CN¥23.98 | x |
| 2022-12-31 | CN¥11.28 | CN¥23.98 | x |
| 2023-12-31 | CN¥11.96 | CN¥23.98 | x |
| 2024-12-31 | CN¥12.48 | CN¥23.98 | x |
| 2025-12-31 | CN¥13.08 | CN¥23.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dongfang Electric Corp Ltd Class A 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): 8.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.87%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 3.60x
- Recent ROE (8.47%) is below the historical average (9.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 7.82% | 15.62% | 0.28x | 1.79x | CN¥-25.47 Million |
| 1996 | 4.80% | 8.73% | 0.28x | 1.98x | CN¥-61.46 Million |
| 1997 | 4.68% | 7.80% | 0.30x | 2.03x | CN¥-63.94 Million |
| 1998 | 3.39% | 5.01% | 0.32x | 2.15x | CN¥-80.21 Million |
| 1999 | 0.53% | 0.82% | 0.32x | 2.00x | CN¥-110.40 Million |
| 2000 | 0.20% | 0.36% | 0.27x | 2.09x | CN¥-112.40 Million |
| 2001 | -29.50% | -70.58% | 0.14x | 2.91x | CN¥-349.93 Million |
| 2002 | 2.21% | 2.17% | 0.33x | 3.05x | CN¥-70.70 Million |
| 2003 | 3.49% | 2.76% | 0.32x | 3.91x | CN¥-61.79 Million |
| 2004 | 20.85% | 12.90% | 0.32x | 5.02x | CN¥137.73 Million |
| 2005 | 28.80% | 17.33% | 0.36x | 4.62x | CN¥344.72 Million |
| 2006 | 33.01% | 17.67% | 0.49x | 3.83x | CN¥578.68 Million |
| 2007 | 66.16% | 8.00% | 0.68x | 12.10x | CN¥1.69 Billion |
| 2008 | 7.84% | 0.63% | 0.50x | 25.15x | CN¥-48.47 Million |
| 2009 | 18.05% | 4.73% | 0.45x | 8.39x | CN¥700.79 Million |
| 2010 | 23.34% | 6.77% | 0.46x | 7.45x | CN¥1.47 Billion |
| 2011 | 22.14% | 7.12% | 0.52x | 5.97x | CN¥1.68 Billion |
| 2012 | 13.98% | 5.75% | 0.49x | 5.00x | CN¥623.32 Million |
| 2013 | 13.28% | 5.54% | 0.54x | 4.40x | CN¥580.06 Million |
| 2014 | 6.54% | 3.27% | 0.46x | 4.36x | CN¥-676.15 Million |
| 2015 | 1.90% | 1.22% | 0.42x | 3.74x | CN¥-1.87 Billion |
| 2016 | -8.44% | -5.36% | 0.39x | 4.01x | CN¥-3.90 Billion |
| 2017 | 4.85% | 3.22% | 0.42x | 3.62x | CN¥-1.12 Billion |
| 2018 | 3.95% | 3.80% | 0.33x | 3.19x | CN¥-1.73 Billion |
| 2019 | 4.34% | 4.02% | 0.35x | 3.04x | CN¥-1.67 Billion |
| 2020 | 6.02% | 5.14% | 0.37x | 3.16x | CN¥-1.23 Billion |
| 2021 | 7.04% | 4.90% | 0.45x | 3.17x | CN¥-960.73 Million |
| 2022 | 8.17% | 5.27% | 0.47x | 3.30x | CN¥-640.25 Million |
| 2023 | 9.53% | 5.96% | 0.49x | 3.25x | CN¥-174.10 Million |
| 2024 | 7.53% | 4.26% | 0.48x | 3.66x | CN¥-957.53 Million |
| 2025 | 8.47% | 4.87% | 0.48x | 3.60x | CN¥-692.15 Million |
Industry Comparison
This section compares Dongfang Electric Corp Ltd Class A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,591,273,151
- Average return on equity (ROE) among peers: -6.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dongfang Electric Corp Ltd Class A (600875) | CN¥49.81 Billion | 7.82% | 2.28x | $10.70 Billion |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $697.65 Million |
| Shenyang Machine Tool Co Ltd (000410) | $2.26 Billion | -28.24% | 8.87x | $1.96 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $10.46 Billion | 0.40% | 0.84x | $3.09 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $1.78 Billion | 4.42% | 0.52x | $451.69 Million |
| Changchai Co Ltd (000570) | $1.76 Billion | 3.01% | 0.63x | $421.21 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $548.85 Million | -73.31% | 6.48x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $292.46 Million | 7.04% | 2.58x | $873.10 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $1.66 Billion | 7.22% | 0.76x | $924.07 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $738.00 Million | 11.68% | 0.18x | $673.57 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $6.33 Billion | 0.84% | 0.59x | $1.43 Billion |
About Dongfang Electric Corp Ltd Class A
Dongfang Electric Corporation Limited engages in the design, development, manufacture, and sale of power generation equipment in China and internationally. The company operates in five segments: Renewable Energy Equipment, High-Efficient Clean Energy Equipment, Engineering and Supply Chain, Modern Manufacturing Services Business, and Emerging Growth Industries. It offers power generation equipmen… Read more