Chongqing Gas Grp Corp Ltd Net Assets

Latest as of March 2026: CN¥6.45 Billion CNY ≈ $943.33 Million USD

Chongqing Gas Grp Corp Ltd net assets. Based on the latest financial reports, Chongqing Gas Grp Corp Ltd (600917) has net assets worth CN¥6.45 Billion CNY (≈ $943.33 Million 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¥11.10 Billion ≈ $1.62 Billion USD) and total liabilities (CN¥4.66 Billion ≈ $681.67 Million 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 Chongqing Gas Grp Corp Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥6.45 Billion
% of Total Assets	58.05%
Annual Growth Rate	6.0%
5-Year Change	26.49%
10-Year Change	61.82%
Growth Volatility	4.23

Net Assets of Chongqing Gas Grp Corp Ltd (2009–2025)

Net assets of Chongqing Gas Grp Corp Ltd from 2009 to 2025. This chart illustrates how Chongqing Gas Grp Corp Ltd's net assets have evolved over time, based on quarterly financial data. See 600917 equity to assets ratio to measure how much of total assets are equity-financed.

Annual Net Assets for Chongqing Gas Grp Corp Ltd (2009–2025)

The table below shows the annual net assets of Chongqing Gas Grp Corp Ltd from 2009 to 2025. For live market cap and overall valuation, see market value of Chongqing Gas Grp Corp Ltd.

Year	Net Assets	Change
2025-12-31	CN¥6.47 Billion ≈ $946.70 Million	+4.08%
2024-12-31	CN¥6.22 Billion ≈ $909.56 Million	+7.47%
2023-12-31	CN¥5.78 Billion ≈ $846.33 Million	+8.81%
2022-12-31	CN¥5.32 Billion ≈ $777.78 Million	+3.92%
2021-12-31	CN¥5.11 Billion ≈ $748.46 Million	+6.30%
2020-12-31	CN¥4.81 Billion ≈ $704.11 Million	+4.47%
2019-12-31	CN¥4.61 Billion ≈ $673.96 Million	+6.67%
2018-12-31	CN¥4.32 Billion ≈ $631.80 Million	+3.95%
2017-12-31	CN¥4.15 Billion ≈ $607.82 Million	+3.90%
2016-12-31	CN¥4.00 Billion ≈ $585.03 Million	+6.43%
2015-12-31	CN¥3.76 Billion ≈ $549.70 Million	+5.40%
2014-12-31	CN¥3.56 Billion ≈ $521.53 Million	+19.80%
2013-12-31	CN¥2.97 Billion ≈ $435.32 Million	+8.44%
2012-12-31	CN¥2.74 Billion ≈ $401.45 Million	+3.90%
2011-12-31	CN¥2.64 Billion ≈ $386.36 Million	+5.18%
2010-12-31	CN¥2.51 Billion ≈ $367.35 Million	-1.39%
2009-12-31	CN¥2.55 Billion ≈ $372.54 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Chongqing Gas Grp 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 1905.7% over the analyzed period, indicating profitable operations and earnings retention.

Chongqing Gas Grp Corp Ltd Net Assets Breakdown (December 2025)

Chongqing Gas Grp Corp Ltd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	CN¥2.53 Billion	43.71%
Other Components	CN¥3.26 Billion	56.29%
Total Equity	CN¥5.80 Billion	100.00%

Chongqing Gas Grp Corp Ltd Competitors by Market Cap

The table below lists competitors of Chongqing Gas Grp Corp Ltd ranked by their market capitalization.

Company	Market Cap
Xian Xice Testing Technology Co. Ltd. A SHE:301306	$1.03 Billion
Develia S.A WAR:DVL	$1.03 Billion
Sdiptech AB (publ) ST:SDIP-B	$1.03 Billion
Yapp Automotive Systems Co Ltd SHG:603013	$1.03 Billion
E2open Parent Holdings Inc NYSE:ETWO	$1.03 Billion
Dongwon Ind KO:006040	$1.03 Billion
Iovance Biotherapeutics Inc NASDAQ:IOVA	$1.03 Billion
Abacus Storage King AU:ASK	$1.03 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Chongqing Gas Grp Corp Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,694,645,937 to 5,798,279,090, a change of 103,633,153 (1.8%).
Net income of 210,575,256 contributed positively to equity growth.
Dividend payments of 153,767,363 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥210.58 Million	+3.63%
Dividends Paid	CN¥153.77 Million	-2.65%
Other Changes	CN¥46.83 Million	+0.81%
Total Change	CN¥-	1.82%

Book Value vs Market Value Analysis

This analysis compares Chongqing Gas Grp 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: 1.22x
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 1.71x to 1.22x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	CN¥2.64	CN¥4.52	x
2010-12-31	CN¥1.93	CN¥4.52	x
2011-12-31	CN¥1.71	CN¥4.52	x
2012-12-31	CN¥1.77	CN¥4.52	x
2013-12-31	CN¥1.91	CN¥4.52	x
2014-12-31	CN¥2.29	CN¥4.52	x
2015-12-31	CN¥2.23	CN¥4.52	x
2016-12-31	CN¥2.34	CN¥4.52	x
2017-12-31	CN¥2.40	CN¥4.52	x
2018-12-31	CN¥2.49	CN¥4.52	x
2019-12-31	CN¥2.72	CN¥4.52	x
2020-12-31	CN¥2.84	CN¥4.52	x
2021-12-31	CN¥3.02	CN¥4.52	x
2022-12-31	CN¥3.17	CN¥4.52	x
2023-12-31	CN¥3.46	CN¥4.52	x
2024-12-31	CN¥3.72	CN¥4.52	x
2025-12-31	CN¥3.71	CN¥4.52	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chongqing Gas Grp 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): 3.63%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.04%
• Asset Turnover: 0.93x
• Equity Multiplier: 1.90x
Recent ROE (3.63%) is below the historical average (9.42%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	11.75%	8.97%	0.60x	2.18x	CN¥41.31 Million
2010	9.82%	6.16%	0.75x	2.13x	CN¥-4.11 Million
2011	11.66%	6.51%	0.83x	2.16x	CN¥40.03 Million
2012	10.18%	4.67%	0.93x	2.34x	CN¥4.52 Million
2013	11.02%	5.06%	0.95x	2.30x	CN¥27.77 Million
2014	10.92%	6.28%	0.79x	2.19x	CN¥30.20 Million
2015	10.78%	6.33%	0.75x	2.27x	CN¥27.08 Million
2016	10.24%	6.76%	0.68x	2.23x	CN¥8.73 Million
2017	9.60%	6.36%	0.69x	2.18x	CN¥-15.15 Million
2018	8.84%	5.46%	0.76x	2.12x	CN¥-45.49 Million
2019	9.57%	5.72%	0.82x	2.05x	CN¥-18.06 Million
2020	8.46%	5.52%	0.75x	2.04x	CN¥-68.45 Million
2021	9.60%	5.84%	0.86x	1.91x	CN¥-19.08 Million
2022	8.08%	4.61%	0.85x	2.05x	CN¥-94.93 Million
2023	9.26%	4.86%	0.99x	1.92x	CN¥-40.02 Million
2024	6.72%	3.77%	0.92x	1.94x	CN¥-186.76 Million
2025	3.63%	2.04%	0.93x	1.90x	CN¥-369.25 Million

Industry Comparison

This section compares Chongqing Gas Grp Corp Ltd's net assets metrics with peer companies in the Utilities - Regulated Gas industry.

Industry Context

Industry: Utilities - Regulated Gas
Average net assets among peers: $1,858,640,058
Average return on equity (ROE) among peers: 10.23%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Chongqing Gas Grp Corp Ltd (600917)	CN¥6.45 Billion	11.75%	0.72x	$1.03 Billion
Delong Composite Energy Group Co Ltd (000593)	$276.91 Million	25.73%	1.08x	$847.01 Million
Xinjiang Haoyuan Natural Gas Co Ltd (002700)	$850.29 Million	13.04%	0.24x	$322.00 Million
Foran Energy Group Co Ltd (002911)	$7.40 Billion	11.41%	1.37x	$2.15 Billion
Top Resource Conservation Engineering Co Ltd (300332)	$204.71 Million	5.41%	0.78x	$539.60 Million
Sichuan Qiaoyuan Gas Co.Ltd (301286)	$815.78 Million	22.13%	0.83x	$2.62 Billion
Changchun Gas Co Ltd (600333)	$1.23 Billion	7.27%	0.52x	$488.38 Million
Shanghai DaZhong Public Utilities Group Co Ltd (600635)	$6.84 Billion	6.75%	1.12x	$1.41 Billion
Bestsun Energy Co Ltd (600681)	$332.26 Million	-15.38%	1.51x	$661.23 Million
ENN Ecological Holdings Co Ltd (600803)	$213.73 Million	10.52%	0.71x	$9.39 Billion
Guizhou Gas Group Corporation Ltd Class A (600903)	$426.16 Million	15.47%	2.22x	$965.76 Million

About Chongqing Gas Grp Corp Ltd

SHG:600917 China Utilities - Regulated Gas

Market Cap

$1.03 Billion

CN¥7.06 Billion CNY

Market Cap Rank

#8408 Global

#1877 in China

Share Price

CN¥4.52

Change (1 day)

-3.62%

52-Week Range

CN¥4.52 - CN¥6.42

All Time High

CN¥18.50