China Suntien Green Energy Corp Ltd Net Assets
China Suntien Green Energy Corp Ltd net assets. Based on the latest financial reports, China Suntien Green Energy Corp Ltd (600956) has net assets worth CN¥28.44 Billion CNY (≈ $4.16 Billion 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¥87.31 Billion ≈ $12.78 Billion USD) and total liabilities (CN¥58.87 Billion ≈ $8.61 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 net asset growth rate of China Suntien Green Energy Corp Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥28.44 Billion |
| % of Total Assets | 32.58% |
| Annual Growth Rate | 19.48% |
| 5-Year Change | 62.4% |
| 10-Year Change | 204.62% |
| Growth Volatility | 45.26 |
Net Assets of China Suntien Green Energy Corp Ltd (2009–2024)
Net assets of China Suntien Green Energy Corp Ltd from 2009 to 2024. This chart illustrates how China Suntien Green Energy Corp Ltd's net assets have evolved over time, based on quarterly financial data. See China Suntien Green Energy Corp Ltd balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for China Suntien Green Energy Corp Ltd (2009–2024)
The table below shows the annual net assets of China Suntien Green Energy Corp Ltd from 2009 to 2024. For live market cap and overall valuation, see market value of China Suntien Green Energy Corp Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥27.11 Billion ≈ $3.97 Billion |
+1.39% |
| 2023-12-31 | CN¥26.74 Billion ≈ $3.91 Billion |
+6.18% |
| 2022-12-31 | CN¥25.19 Billion ≈ $3.69 Billion |
+5.98% |
| 2021-12-31 | CN¥23.76 Billion ≈ $3.48 Billion |
+42.34% |
| 2020-12-31 | CN¥16.70 Billion ≈ $2.44 Billion |
+13.19% |
| 2019-12-31 | CN¥14.75 Billion ≈ $2.16 Billion |
+18.98% |
| 2018-12-31 | CN¥12.40 Billion ≈ $1.81 Billion |
+18.05% |
| 2017-12-31 | CN¥10.50 Billion ≈ $1.54 Billion |
+10.14% |
| 2016-12-31 | CN¥9.53 Billion ≈ $1.40 Billion |
+7.12% |
| 2015-12-31 | CN¥8.90 Billion ≈ $1.30 Billion |
+1.58% |
| 2014-12-31 | CN¥8.76 Billion ≈ $1.28 Billion |
+23.30% |
| 2013-12-31 | CN¥7.11 Billion ≈ $1.04 Billion |
+7.31% |
| 2012-12-31 | CN¥6.62 Billion ≈ $969.11 Million |
+8.66% |
| 2011-12-31 | CN¥6.09 Billion ≈ $891.89 Million |
+12.07% |
| 2010-12-31 | CN¥5.44 Billion ≈ $795.84 Million |
+189.63% |
| 2009-12-31 | CN¥1.88 Billion ≈ $274.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to China Suntien Green Energy 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 953835390200.0% over the analyzed period, indicating profitable operations and earnings retention.
China Suntien Green Energy Corp Ltd Net Assets Breakdown (December 2024)
China Suntien Green Energy Corp Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥9.54 Billion | 43.97% |
| Common Stock | CN¥4.21 Billion | 19.39% |
| Other Comprehensive Income | CN¥1.29 Billion | 5.95% |
| Other Components | CN¥6.66 Billion | 30.70% |
| Total Equity | CN¥21.69 Billion | 100.00% |
China Suntien Green Energy Corp Ltd Competitors by Market Cap
The table below lists competitors of China Suntien Green Energy Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Liveramp Holdings Inc
NYSE:RAMP
|
$2.30 Billion |
|
Shenzhen InfoGem Technologies Co Ltd
SHE:300085
|
$2.30 Billion |
|
Slide Insurance Holdings, Inc. Common Stock
NASDAQ:SLDE
|
$2.30 Billion |
|
Taiwan Surface Mounting Technology Corp
TW:6278
|
$2.30 Billion |
|
Reysas Gayrimenkul Yatirim Ortakligi AS
IS:RYGYO
|
$2.30 Billion |
|
Zhuhai Bojay Electronics Co Ltd
SHE:002975
|
$2.30 Billion |
|
ACC Limited
NSE:ACC
|
$2.29 Billion |
|
Foot Locker Inc
NYSE:FL
|
$2.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Suntien Green Energy Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,837,357,638 to 21,693,349,600, a change of 855,991,962 (4.1%).
- Net income of 1,672,367,022 contributed positively to equity growth.
- Dividend payments of 2,694,263,000 reduced retained earnings.
- Share repurchases of 1,040,480,000 reduced equity.
- Other comprehensive income increased equity by 200,392,438.
- Other factors increased equity by 2,717,975,502.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.67 Billion | +7.71% |
| Dividends Paid | CN¥2.69 Billion | -12.42% |
| Share Repurchases | CN¥1.04 Billion | -4.8% |
| Other Comprehensive Income | CN¥200.39 Million | +0.92% |
| Other Changes | CN¥2.72 Billion | +12.53% |
| Total Change | CN¥- | 4.11% |
Book Value vs Market Value Analysis
This analysis compares China Suntien Green Energy 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: 1.28x
- 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 9.87x to 1.28x 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¥0.67 | CN¥6.63 | x |
| 2010-12-31 | CN¥2.13 | CN¥6.63 | x |
| 2011-12-31 | CN¥1.61 | CN¥6.63 | x |
| 2012-12-31 | CN¥1.72 | CN¥6.63 | x |
| 2013-12-31 | CN¥1.84 | CN¥6.63 | x |
| 2014-12-31 | CN¥2.00 | CN¥6.63 | x |
| 2015-12-31 | CN¥2.00 | CN¥6.63 | x |
| 2016-12-31 | CN¥2.13 | CN¥6.63 | x |
| 2017-12-31 | CN¥2.32 | CN¥6.63 | x |
| 2018-12-31 | CN¥2.70 | CN¥6.63 | x |
| 2019-12-31 | CN¥3.18 | CN¥6.63 | x |
| 2020-12-31 | CN¥3.54 | CN¥6.63 | x |
| 2021-12-31 | CN¥5.09 | CN¥6.63 | x |
| 2022-12-31 | CN¥4.89 | CN¥6.63 | x |
| 2023-12-31 | CN¥4.98 | CN¥6.63 | x |
| 2024-12-31 | CN¥5.18 | CN¥6.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Suntien Green Energy 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): 7.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.82%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 3.87x
- Recent ROE (7.71%) is below the historical average (9.13%), 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 | 12.38% | 10.96% | 0.26x | 4.30x | CN¥31.95 Million |
| 2010 | 5.81% | 12.47% | 0.19x | 2.43x | CN¥-201.35 Million |
| 2011 | 8.62% | 14.16% | 0.23x | 2.70x | CN¥-71.67 Million |
| 2012 | 9.87% | 14.85% | 0.24x | 2.74x | CN¥-7.06 Million |
| 2013 | 7.70% | 9.86% | 0.27x | 2.92x | CN¥-137.04 Million |
| 2014 | 4.55% | 6.51% | 0.24x | 2.94x | CN¥-400.90 Million |
| 2015 | 2.27% | 3.99% | 0.16x | 3.63x | CN¥-572.97 Million |
| 2016 | 6.86% | 12.35% | 0.15x | 3.72x | CN¥-248.47 Million |
| 2017 | 10.92% | 13.31% | 0.21x | 3.98x | CN¥79.13 Million |
| 2018 | 12.64% | 12.72% | 0.25x | 3.90x | CN¥264.87 Million |
| 2019 | 11.97% | 11.85% | 0.26x | 3.89x | CN¥233.15 Million |
| 2020 | 11.47% | 12.07% | 0.22x | 4.35x | CN¥194.06 Million |
| 2021 | 11.57% | 14.22% | 0.22x | 3.63x | CN¥311.60 Million |
| 2022 | 11.20% | 12.35% | 0.24x | 3.78x | CN¥246.13 Million |
| 2023 | 10.59% | 10.88% | 0.26x | 3.79x | CN¥123.74 Million |
| 2024 | 7.71% | 7.82% | 0.25x | 3.87x | CN¥-496.97 Million |
Industry Comparison
This section compares China Suntien Green Energy 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 |
|---|---|---|---|---|
| China Suntien Green Energy Corp Ltd (600956) | CN¥28.44 Billion | 12.38% | 2.07x | $2.30 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 China Suntien Green Energy Corp Ltd
China Suntien Green Energy Corporation Limited, together with its subsidiaries, develops and utilizes clean energy in Mainland China. The company operates through three segments: Natural Gas, Wind Power and Solar Power, and Other. It is involved in selling natural gas and gas appliances; provision of construction and connection services for natural gas pipelines; development, management, and oper… Read more