China Yangtze Power Co Ltd Net Assets
China Yangtze Power Co Ltd net assets. Based on the latest financial reports, China Yangtze Power Co Ltd (600900) has net assets worth CN¥239.82 Billion CNY (≈ $35.09 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¥561.99 Billion ≈ $82.24 Billion USD) and total liabilities (CN¥322.17 Billion ≈ $47.14 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. Also explore China Yangtze Power Co Ltd (600900) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥239.82 Billion |
| % of Total Assets | 42.67% |
| Annual Growth Rate | 21.79% |
| 5-Year Change | 316.3% |
| 10-Year Change | 516.37% |
| Growth Volatility | 58.12 |
Net Assets of China Yangtze Power Co Ltd (2002–2025)
Net assets of China Yangtze Power Co Ltd from 2002 to 2025. This chart illustrates how China Yangtze Power Co Ltd's net assets have evolved over time, based on quarterly financial data. See China Yangtze Power Co Ltd (600900) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for China Yangtze Power Co Ltd (2002–2025)
The table below shows the annual net assets of China Yangtze Power Co Ltd from 2002 to 2025. For live market cap and overall valuation, see 600900 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥792.20 Billion ≈ $115.92 Billion |
+256.89% |
| 2024-12-31 | CN¥221.98 Billion ≈ $32.48 Billion |
+4.43% |
| 2023-12-31 | CN¥212.55 Billion ≈ $31.10 Billion |
-16.98% |
| 2022-12-31 | CN¥256.03 Billion ≈ $37.46 Billion |
+34.54% |
| 2021-12-31 | CN¥190.29 Billion ≈ $27.85 Billion |
+6.71% |
| 2020-12-31 | CN¥178.33 Billion ≈ $26.10 Billion |
+18.87% |
| 2019-12-31 | CN¥150.02 Billion ≈ $21.95 Billion |
+5.12% |
| 2018-12-31 | CN¥142.71 Billion ≈ $20.88 Billion |
+5.31% |
| 2017-12-31 | CN¥135.52 Billion ≈ $19.83 Billion |
+5.44% |
| 2016-12-31 | CN¥128.53 Billion ≈ $18.81 Billion |
-3.67% |
| 2015-12-31 | CN¥133.42 Billion ≈ $19.52 Billion |
+54.89% |
| 2014-12-31 | CN¥86.14 Billion ≈ $12.60 Billion |
+10.18% |
| 2013-12-31 | CN¥78.18 Billion ≈ $11.44 Billion |
+4.40% |
| 2012-12-31 | CN¥74.89 Billion ≈ $10.96 Billion |
+9.73% |
| 2011-12-31 | CN¥68.25 Billion ≈ $9.99 Billion |
+3.15% |
| 2010-12-31 | CN¥66.17 Billion ≈ $9.68 Billion |
+6.94% |
| 2009-12-31 | CN¥61.87 Billion ≈ $9.05 Billion |
+62.85% |
| 2008-12-31 | CN¥37.99 Billion ≈ $5.56 Billion |
-7.91% |
| 2007-12-31 | CN¥41.25 Billion ≈ $6.04 Billion |
+69.77% |
| 2006-12-31 | CN¥24.30 Billion ≈ $3.56 Billion |
+9.32% |
| 2005-12-31 | CN¥22.23 Billion ≈ $3.25 Billion |
+1.47% |
| 2004-12-31 | CN¥21.90 Billion ≈ $3.21 Billion |
+10.48% |
| 2003-12-31 | CN¥19.83 Billion ≈ $2.90 Billion |
+133.16% |
| 2002-12-31 | CN¥8.50 Billion ≈ $1.24 Billion |
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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 10483780122929.0% over the analyzed period, indicating profitable operations and earnings retention.
China Yangtze Power Co Ltd Net Assets Breakdown (December 2025)
China Yangtze Power Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥104.84 Billion | 45.00% |
| Other Comprehensive Income | CN¥221.11 Billion | 94.90% |
| Total Equity | CN¥232.99 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 |
|---|---|
|
Starbucks Corporation
NASDAQ:SBUX
|
$106.26 Billion |
|
Equinor ASA
OL:EQNR
|
$106.81 Billion |
|
Enbridge Inc
TO:ENB
|
$107.47 Billion |
|
Accenture plc
NYSE:ACN
|
$107.58 Billion |
|
Lockheed Martin Corporation
NYSE:LMT
|
$106.03 Billion |
|
Sanofi
F:SNW2
|
$105.72 Billion |
|
Hon Hai Precision Industry Co Ltd
TW:2317
|
$105.58 Billion |
|
Medtronic plc
SA:MDTC34
|
$104.84 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 2024 to 2025, total equity changed from 210,288,411,000 to 232,991,788,000, a change of 22,703,377,000 (10.8%).
- Net income of 34,167,000,000 contributed positively to equity growth.
- Dividend payments of 33,541,650,979 reduced retained earnings.
- Other comprehensive income increased equity by 191,766,542,000.
- Other factors decreased equity by 169,688,514,021.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥34.17 Billion | +14.66% |
| Dividends Paid | CN¥33.54 Billion | -14.4% |
| Other Comprehensive Income | CN¥191.77 Billion | +82.31% |
| Other Changes | CN¥-169.69 Billion | -72.83% |
| Total Change | CN¥- | 10.80% |
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: 3.12x
- 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 42.83x to 3.12x 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¥29.67 | x |
| 2003-12-31 | CN¥1.62 | CN¥29.67 | x |
| 2004-12-31 | CN¥1.78 | CN¥29.67 | x |
| 2005-12-31 | CN¥1.81 | CN¥29.67 | x |
| 2006-12-31 | CN¥1.94 | CN¥29.67 | x |
| 2007-12-31 | CN¥2.99 | CN¥29.67 | x |
| 2008-12-31 | CN¥2.68 | CN¥29.67 | x |
| 2009-12-31 | CN¥4.19 | CN¥29.67 | x |
| 2010-12-31 | CN¥4.01 | CN¥29.67 | x |
| 2011-12-31 | CN¥4.14 | CN¥29.67 | x |
| 2012-12-31 | CN¥4.54 | CN¥29.67 | x |
| 2013-12-31 | CN¥4.74 | CN¥29.67 | x |
| 2014-12-31 | CN¥5.22 | CN¥29.67 | x |
| 2015-12-31 | CN¥5.49 | CN¥29.67 | x |
| 2016-12-31 | CN¥5.83 | CN¥29.67 | x |
| 2017-12-31 | CN¥6.14 | CN¥29.67 | x |
| 2018-12-31 | CN¥6.46 | CN¥29.67 | x |
| 2019-12-31 | CN¥6.80 | CN¥29.67 | x |
| 2020-12-31 | CN¥7.76 | CN¥29.67 | x |
| 2021-12-31 | CN¥7.96 | CN¥29.67 | x |
| 2022-12-31 | CN¥10.01 | CN¥29.67 | x |
| 2023-12-31 | CN¥8.23 | CN¥29.67 | x |
| 2024-12-31 | CN¥8.59 | CN¥29.67 | x |
| 2025-12-31 | CN¥9.52 | CN¥29.67 | 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): 14.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.78%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 2.40x
- Recent ROE (14.66%) is above the historical average (12.76%), 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 | 10.35% | 42.10% | 0.16x | 1.54x | CN¥132.02 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 | 9.54% | 24.75% | 0.15x | 2.52x | CN¥-556.60 Million |
| 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 | 10.42% | 35.20% | 0.12x | 2.54x | CN¥958.64 Million |
| 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 |
| 2025 | 14.66% | 39.78% | 0.15x | 2.40x | CN¥10.87 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: $6,512,730,096
- Average return on equity (ROE) among peers: 3.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Yangtze Power Co Ltd (600900) | CN¥239.82 Billion | 5.21% | 1.34x | $106.23 Billion |
| Tunghsu Azure Renewable Energy Co Ltd (000040) | $991.06 Million | 1.23% | 1.31x | $106.61 Million |
| Tianjin Guangyu Development Co Ltd (000537) | $13.94 Billion | -2.26% | 4.90x | $2.11 Billion |
| Guangdong Electric Power Development Co Ltd (000539) | $2.74 Billion | 13.49% | 0.02x | $3.23 Billion |
| CECEP Solar Energy Co Ltd (000591) | $320.04 Million | 6.43% | 3.07x | $2.58 Billion |
| GEPIC Energy Development Co Ltd (000791) | $4.11 Billion | 0.60% | 3.76x | $3.14 Billion |
| Tieling Newcity Investment Holding Ltd (000809) | $3.37 Billion | -3.14% | 0.37x | $353.63 Million |
| Hubei Energy Group Co Ltd (000883) | $38.49 Billion | 4.54% | 1.37x | $4.12 Billion |
| Fujian MinDong Electric Power Co Ltd (000993) | $314.70 Million | 10.51% | 1.20x | $792.09 Million |
| Shenzhen Feima International Supply Chain Co Ltd (002210) | $282.84 Million | 5.79% | 3.85x | $743.80 Million |
| Shenzhen Sunrise New Energy Co Ltd (002256) | $564.06 Million | 1.24% | 0.41x | $779.04 Million |
About 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. The company operates the Three Gorges, Gezhouba, Xiluodu, Xiangjiaba, Wudongde, and Baihetan hydropower stations with an installed capacity of 71.695 MW. It also engages in smart integrated energy; new energy; power distribution and sales; invest… Read more