CECEP Wind-Power Corp Co Ltd

SHG:601016 China Utilities - Renewable
Market Cap
$3.88 Billion
CN¥28.47 Billion CNY
Market Cap Rank
#4970 Global
#584 in China
Share Price
CN¥4.42
Change (1 day)
-0.23%
52-Week Range
CN¥2.71 - CN¥4.43
All Time High
CN¥8.63
About

CECEP Wind-power Corporation Co.,Ltd. engages in the development, investment management, construction, operation, and maintenance of wind power generation projects in China. The company was founded in 2006 and is headquartered in Beijing, China. CECEP Wind-power Corporation Co.,Ltd. is a subsidiary of China Energy Conservation and Environmental Protection Group Co., Ltd.

CECEP Wind-Power Corp Co Ltd (601016) - Net Assets

Latest net assets as of September 2025: CN¥18.58 Billion CNY

Based on the latest financial reports, CECEP Wind-Power Corp Co Ltd (601016) has net assets worth CN¥18.58 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¥44.97 Billion) and total liabilities (CN¥26.39 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¥18.58 Billion
% of Total Assets 41.31%
Annual Growth Rate 13.51%
5-Year Change 73.46%
10-Year Change 165.49%
Growth Volatility 21.07

CECEP Wind-Power Corp Co Ltd - Net Assets Trend (2009–2024)

This chart illustrates how CECEP Wind-Power Corp 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 CECEP Wind-Power Corp Co Ltd (2009–2024)

The table below shows the annual net assets of CECEP Wind-Power Corp Co Ltd from 2009 to 2024.

Year Net Assets Change
2024-12-31 CN¥18.33 Billion +4.23%
2023-12-31 CN¥17.58 Billion +6.03%
2022-12-31 CN¥16.58 Billion +45.69%
2021-12-31 CN¥11.38 Billion +7.74%
2020-12-31 CN¥10.56 Billion +30.65%
2019-12-31 CN¥8.09 Billion +5.05%
2018-12-31 CN¥7.70 Billion +4.07%
2017-12-31 CN¥7.40 Billion +4.60%
2016-12-31 CN¥7.07 Billion +2.44%
2015-12-31 CN¥6.90 Billion +81.09%
2014-12-31 CN¥3.81 Billion +12.21%
2013-12-31 CN¥3.40 Billion +2.99%
2012-12-31 CN¥3.30 Billion +6.24%
2011-12-31 CN¥3.10 Billion +6.82%
2010-12-31 CN¥2.91 Billion +6.15%
2009-12-31 CN¥2.74 Billion --

Equity Component Analysis

This analysis shows how different components contribute to CECEP Wind-Power Corp 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 3724.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥6.01 Billion 34.25%
Common Stock CN¥6.47 Billion 36.90%
Other Components CN¥5.06 Billion 28.84%
Total Equity CN¥17.54 Billion 100.00%

CECEP Wind-Power Corp Co Ltd Competitors by Market Cap

The table below lists competitors of CECEP Wind-Power Corp Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CECEP Wind-Power Corp Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 16,775,510,872 to 17,543,141,297, a change of 767,630,425 (4.6%).
  • Net income of 1,330,054,450 contributed positively to equity growth.
  • Dividend payments of 890,075,685 reduced retained earnings.
  • Share repurchases of 1,591,333 reduced equity.
  • Other factors increased equity by 329,242,993.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.33 Billion +7.58%
Dividends Paid CN¥890.08 Million -5.07%
Share Repurchases CN¥1.59 Million -0.01%
Other Changes CN¥329.24 Million +1.88%
Total Change CN¥- 4.58%

Book Value vs Market Value Analysis

This analysis compares CECEP Wind-Power Corp 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: 1.68x
  • 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 6.47x to 1.68x 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¥0.68 CN¥4.42 x
2010-12-31 CN¥0.72 CN¥4.42 x
2011-12-31 CN¥0.77 CN¥4.42 x
2012-12-31 CN¥0.83 CN¥4.42 x
2013-12-31 CN¥0.87 CN¥4.42 x
2014-12-31 CN¥0.97 CN¥4.42 x
2015-12-31 CN¥1.75 CN¥4.42 x
2016-12-31 CN¥1.53 CN¥4.42 x
2017-12-31 CN¥1.61 CN¥4.42 x
2018-12-31 CN¥1.68 CN¥4.42 x
2019-12-31 CN¥1.57 CN¥4.42 x
2020-12-31 CN¥1.96 CN¥4.42 x
2021-12-31 CN¥1.85 CN¥4.42 x
2022-12-31 CN¥2.84 CN¥4.42 x
2023-12-31 CN¥2.49 CN¥4.42 x
2024-12-31 CN¥2.62 CN¥4.42 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CECEP Wind-Power Corp 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): 7.58%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 26.46%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 2.51x
  • Recent ROE (7.58%) is above the historical average (6.75%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 4.16% 22.51% 0.05x 3.57x CN¥-127.17 Million
2010 5.66% 19.88% 0.07x 3.99x CN¥-100.06 Million
2011 6.53% 17.47% 0.09x 4.25x CN¥-85.77 Million
2012 7.22% 19.07% 0.09x 4.04x CN¥-73.99 Million
2013 7.04% 18.02% 0.09x 4.39x CN¥-81.88 Million
2014 5.70% 15.38% 0.09x 4.11x CN¥-137.23 Million
2015 3.25% 14.96% 0.08x 2.85x CN¥-422.66 Million
2016 2.97% 13.33% 0.08x 2.82x CN¥-446.65 Million
2017 5.97% 21.32% 0.09x 2.99x CN¥-269.35 Million
2018 7.40% 21.68% 0.11x 3.08x CN¥-181.42 Million
2019 7.94% 23.48% 0.11x 3.20x CN¥-151.24 Million
2020 6.29% 23.17% 0.08x 3.37x CN¥-365.10 Million
2021 10.99% 28.90% 0.10x 3.70x CN¥105.24 Million
2022 10.32% 31.11% 0.12x 2.77x CN¥50.19 Million
2023 9.01% 29.55% 0.12x 2.51x CN¥-165.85 Million
2024 7.58% 26.46% 0.11x 2.51x CN¥-424.26 Million

Industry Comparison

This section compares CECEP Wind-Power Corp Co Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $1,781,691,745
  • Average return on equity (ROE) among peers: 10.82%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CECEP Wind-Power Corp Co Ltd (601016) CN¥18.58 Billion 4.16% 1.42x $2.00 Billion
Tunghsu Azure Renewable Energy Co Ltd (000040) $867.90 Million 2.09% 1.86x $58.47 Million
Tianjin Guangyu Development Co Ltd (000537) $277.96 Million 10.57% 1.45x $889.49 Million
CECEP Solar Energy Co Ltd (000591) $162.02 Million 10.48% 1.97x $2.20 Billion
GEPIC Energy Development Co Ltd (000791) $7.49 Billion 5.90% 1.54x $765.93 Million
Tieling Newcity Investment Holding Ltd (000809) $3.45 Billion 20.56% 0.64x $269.10 Million
Hubei Energy Group Co Ltd (000883) $730.62 Million 9.40% 0.33x $1.99 Billion
Fujian MinDong Electric Power Co Ltd (000993) $1.70 Billion 3.61% 1.46x $406.20 Million
Xinjiang Lixin Energy Co. Ltd. A (001258) $2.92 Billion 1.72% 4.24x $377.98 Million
Shenzhen Feima International Supply Chain Co Ltd (002210) $148.08 Million 3.32% 6.54x $718.01 Million
Shenzhen Sunrise New Energy Co Ltd (002256) $65.12 Million 40.54% 1.51x $785.39 Million