China Yangtze Power Co Ltd
China Yangtze Power Co., Ltd., together with its subsidiaries, engages in hydropower generation business in China, Portugal, Peru, Brazil, and Pakistan. It operates through Domestic Hydropower Industry and Other Industries segments. The company owns, operates, and manages the Three Gorges, Gezhouba, Xiluodu, Xiangjiaba, Wudongde, and Baihetan hydropower stations with an installed capacity of 71.6… Read more
China Yangtze Power Co Ltd (600900) - Net Assets
Latest net assets as of September 2025: CN¥232.99 Billion CNY
Based on the latest financial reports, China Yangtze Power Co Ltd (600900) has net assets worth CN¥232.99 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¥568.77 Billion) and total liabilities (CN¥335.78 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¥232.99 Billion |
| % of Total Assets | 40.96% |
| Annual Growth Rate | 15.98% |
| 5-Year Change | 24.47% |
| 10-Year Change | 142.96% |
| Growth Volatility | 31.38 |
China Yangtze Power Co Ltd - Net Assets Trend (2002–2024)
This chart illustrates how China Yangtze Power Co 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 China Yangtze Power Co Ltd (2002–2024)
The table below shows the annual net assets of China Yangtze Power Co Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥221.96 Billion | +4.55% |
| 2023-12-31 | CN¥212.30 Billion | +8.45% |
| 2022-12-31 | CN¥195.75 Billion | +2.87% |
| 2021-12-31 | CN¥190.29 Billion | +6.71% |
| 2020-12-31 | CN¥178.32 Billion | +18.87% |
| 2019-12-31 | CN¥150.02 Billion | +5.14% |
| 2018-12-31 | CN¥142.68 Billion | +5.29% |
| 2017-12-31 | CN¥135.52 Billion | +5.44% |
| 2016-12-31 | CN¥128.53 Billion | +40.69% |
| 2015-12-31 | CN¥91.36 Billion | +6.06% |
| 2014-12-31 | CN¥86.14 Billion | +10.18% |
| 2013-12-31 | CN¥78.18 Billion | +4.40% |
| 2012-12-31 | CN¥74.89 Billion | +9.73% |
| 2011-12-31 | CN¥68.25 Billion | +3.15% |
| 2010-12-31 | CN¥66.17 Billion | +6.94% |
| 2009-12-31 | CN¥61.87 Billion | +64.69% |
| 2008-12-31 | CN¥37.57 Billion | -8.94% |
| 2007-12-31 | CN¥41.25 Billion | +69.77% |
| 2006-12-31 | CN¥24.30 Billion | +9.32% |
| 2005-12-31 | CN¥22.23 Billion | +1.47% |
| 2004-12-31 | CN¥21.90 Billion | +10.48% |
| 2003-12-31 | CN¥19.83 Billion | +133.16% |
| 2002-12-31 | CN¥8.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Yangtze Power 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 9381157900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥93.81 Billion | 44.61% |
| Common Stock | CN¥24.47 Billion | 11.64% |
| Other Comprehensive Income | CN¥29.34 Billion | 13.95% |
| Other Components | CN¥62.67 Billion | 29.80% |
| Total Equity | CN¥210.29 Billion | 100.00% |
China Yangtze Power Co Ltd Competitors by Market Cap
The table below lists competitors of China Yangtze Power Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CBRE Group Inc Class A
NYSE:CBRE
|
$39.29 Billion |
|
Fifth Third Bancorp
NASDAQ:FITB
|
$39.31 Billion |
|
eBay Inc
NASDAQ:EBAY
|
$39.55 Billion |
|
Ferrari NV
NYSE:RACE
|
$39.56 Billion |
|
Bloom Energy Corp
NYSE:BE
|
$39.20 Billion |
|
Siemens Energy AG
PINK:SMNEY
|
$39.16 Billion |
|
Huntington Bancshares Incorporated
NASDAQ:HBANL
|
$39.14 Billion |
|
Essilor International SA
PINK:ESLOY
|
$38.94 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Yangtze Power Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 201,453,338,461 to 210,288,411,000, a change of 8,835,072,539 (4.4%).
- Net income of 32,496,172,808 contributed positively to equity growth.
- Dividend payments of 31,508,024,000 reduced retained earnings.
- Other comprehensive income increased equity by 27,335,873,070.
- Other factors decreased equity by 19,488,949,339.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥32.50 Billion | +15.45% |
| Dividends Paid | CN¥31.51 Billion | -14.98% |
| Other Comprehensive Income | CN¥27.34 Billion | +13.0% |
| Other Changes | CN¥-19.49 Billion | -9.27% |
| Total Change | CN¥- | 4.39% |
Book Value vs Market Value Analysis
This analysis compares China Yangtze Power 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: 3.19x
- 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 39.58x to 3.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | CN¥0.69 | CN¥27.42 | x |
| 2003-12-31 | CN¥1.62 | CN¥27.42 | x |
| 2004-12-31 | CN¥1.78 | CN¥27.42 | x |
| 2005-12-31 | CN¥1.81 | CN¥27.42 | x |
| 2006-12-31 | CN¥1.94 | CN¥27.42 | x |
| 2007-12-31 | CN¥2.99 | CN¥27.42 | x |
| 2008-12-31 | CN¥2.65 | CN¥27.42 | x |
| 2009-12-31 | CN¥4.19 | CN¥27.42 | x |
| 2010-12-31 | CN¥4.01 | CN¥27.42 | x |
| 2011-12-31 | CN¥4.14 | CN¥27.42 | x |
| 2012-12-31 | CN¥4.54 | CN¥27.42 | x |
| 2013-12-31 | CN¥4.74 | CN¥27.42 | x |
| 2014-12-31 | CN¥5.22 | CN¥27.42 | x |
| 2015-12-31 | CN¥4.15 | CN¥27.42 | x |
| 2016-12-31 | CN¥5.83 | CN¥27.42 | x |
| 2017-12-31 | CN¥6.14 | CN¥27.42 | x |
| 2018-12-31 | CN¥6.46 | CN¥27.42 | x |
| 2019-12-31 | CN¥6.80 | CN¥27.42 | x |
| 2020-12-31 | CN¥7.76 | CN¥27.42 | x |
| 2021-12-31 | CN¥7.96 | CN¥27.42 | x |
| 2022-12-31 | CN¥8.16 | CN¥27.42 | x |
| 2023-12-31 | CN¥8.23 | CN¥27.42 | x |
| 2024-12-31 | CN¥8.59 | CN¥27.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Yangtze Power 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): 15.45%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.38%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 2.69x
- Recent ROE (15.45%) is above the historical average (12.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.21% | 32.28% | 0.14x | 1.17x | CN¥-407.74 Million |
| 2003 | 7.25% | 48.15% | 0.10x | 1.49x | CN¥-545.11 Million |
| 2004 | 13.87% | 49.95% | 0.18x | 1.51x | CN¥848.47 Million |
| 2005 | 15.02% | 46.43% | 0.18x | 1.77x | CN¥1.12 Billion |
| 2006 | 14.89% | 52.81% | 0.17x | 1.68x | CN¥1.19 Billion |
| 2007 | 13.02% | 61.56% | 0.14x | 1.56x | CN¥1.25 Billion |
| 2008 | 10.46% | 42.10% | 0.16x | 1.54x | CN¥173.66 Million |
| 2009 | 7.46% | 42.05% | 0.07x | 2.62x | CN¥-1.57 Billion |
| 2010 | 12.43% | 37.64% | 0.14x | 2.38x | CN¥1.61 Billion |
| 2011 | 11.28% | 37.81% | 0.13x | 2.32x | CN¥875.87 Million |
| 2012 | 13.82% | 40.93% | 0.16x | 2.07x | CN¥2.86 Billion |
| 2013 | 11.60% | 40.69% | 0.15x | 1.91x | CN¥1.25 Billion |
| 2014 | 13.73% | 44.82% | 0.18x | 1.71x | CN¥3.22 Billion |
| 2015 | 12.61% | 24.75% | 0.33x | 1.55x | CN¥2.39 Billion |
| 2016 | 16.21% | 43.42% | 0.16x | 2.33x | CN¥7.96 Billion |
| 2017 | 16.48% | 45.35% | 0.16x | 2.22x | CN¥8.75 Billion |
| 2018 | 15.90% | 44.65% | 0.17x | 2.08x | CN¥8.39 Billion |
| 2019 | 14.41% | 44.23% | 0.16x | 1.98x | CN¥6.59 Billion |
| 2020 | 15.28% | 46.47% | 0.17x | 1.92x | CN¥9.09 Billion |
| 2021 | 14.51% | 48.22% | 0.17x | 1.81x | CN¥8.17 Billion |
| 2022 | 12.79% | 35.20% | 0.21x | 1.76x | CN¥5.18 Billion |
| 2023 | 13.52% | 35.59% | 0.13x | 2.84x | CN¥7.09 Billion |
| 2024 | 15.45% | 39.38% | 0.15x | 2.69x | CN¥11.47 Billion |
Industry Comparison
This section compares China Yangtze Power Co Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $3,990,978,219
- Average return on equity (ROE) among peers: 10.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Yangtze Power Co Ltd (600900) | CN¥232.99 Billion | 5.21% | 1.44x | $39.27 Billion |
| Tunghsu Azure Renewable Energy Co Ltd (000040) | $1.30 Billion | 0.90% | 0.82x | $58.47 Million |
| Tianjin Guangyu Development Co Ltd (000537) | $20.56 Billion | 4.47% | 2.42x | $855.22 Million |
| CECEP Solar Energy Co Ltd (000591) | $477.75 Million | 81.65% | 5.96x | $2.15 Billion |
| GEPIC Energy Development Co Ltd (000791) | $5.80 Billion | 4.50% | 2.28x | $774.57 Million |
| Tieling Newcity Investment Holding Ltd (000809) | $3.37 Billion | -3.14% | 0.37x | $270.53 Million |
| Hubei Energy Group Co Ltd (000883) | $902.68 Million | 1.94% | 1.27x | $2.00 Billion |
| Fujian MinDong Electric Power Co Ltd (000993) | $1.57 Billion | 1.46% | 1.18x | $418.31 Million |
| Xinjiang Lixin Energy Co. Ltd. A (001258) | $2.95 Billion | 4.59% | 2.27x | $359.51 Million |
| Shenzhen Feima International Supply Chain Co Ltd (002210) | $2.43 Billion | 9.35% | 7.48x | $727.75 Million |
| Shenzhen Sunrise New Energy Co Ltd (002256) | $564.06 Million | 1.24% | 0.41x | $785.39 Million |