Datang International Power Generation Co Ltd Class A (601991) - Net Assets

Latest as of September 2025: CN¥53.67 Billion CNY ≈ $7.85 Billion USD

Based on the latest financial reports, Datang International Power Generation Co Ltd Class A (601991) has net assets worth CN¥53.67 Billion CNY (≈ $7.85 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¥324.00 Billion ≈ $47.41 Billion USD) and total liabilities (CN¥270.33 Billion ≈ $39.56 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. Check 601991 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥53.67 Billion
% of Total Assets	16.56%
Annual Growth Rate	8.58%
5-Year Change	2.29%
10-Year Change	47.57%
Growth Volatility	12.14

Datang International Power Generation Co Ltd Class A - Net Assets Trend (2002–2024)

This chart illustrates how Datang International Power Generation Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore 601991 asset base for the complete picture of this company's asset base.

Annual Net Assets for Datang International Power Generation Co Ltd Class A (2002–2024)

The table below shows the annual net assets of Datang International Power Generation Co Ltd Class A from 2002 to 2024. For live valuation and market cap data, see 601991 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥93.48 Billion ≈ $13.68 Billion	+5.84%
2023-12-31	CN¥88.32 Billion ≈ $12.92 Billion	+15.74%
2022-12-31	CN¥76.31 Billion ≈ $11.17 Billion	+0.19%
2021-12-31	CN¥76.17 Billion ≈ $11.15 Billion	-16.66%
2020-12-31	CN¥91.39 Billion ≈ $13.37 Billion	+11.79%
2019-12-31	CN¥81.75 Billion ≈ $11.96 Billion	+16.50%
2018-12-31	CN¥70.18 Billion ≈ $10.27 Billion	+17.09%
2017-12-31	CN¥59.93 Billion ≈ $8.77 Billion	+2.29%
2016-12-31	CN¥58.59 Billion ≈ $8.57 Billion	-7.51%
2015-12-31	CN¥63.35 Billion ≈ $9.27 Billion	+0.38%
2014-12-31	CN¥63.11 Billion ≈ $9.23 Billion	-1.85%
2013-12-31	CN¥64.30 Billion ≈ $9.41 Billion	+13.83%
2012-12-31	CN¥56.48 Billion ≈ $8.27 Billion	+11.72%
2011-12-31	CN¥50.56 Billion ≈ $7.40 Billion	+31.94%
2010-12-31	CN¥38.32 Billion ≈ $5.61 Billion	+17.13%
2009-12-31	CN¥32.72 Billion ≈ $4.79 Billion	+7.09%
2008-12-31	CN¥30.55 Billion ≈ $4.47 Billion	-10.16%
2007-12-31	CN¥34.01 Billion ≈ $4.98 Billion	+30.97%
2006-12-31	CN¥25.97 Billion ≈ $3.80 Billion	+27.07%
2005-12-31	CN¥20.43 Billion ≈ $2.99 Billion	+8.19%
2004-12-31	CN¥18.89 Billion ≈ $2.76 Billion	+12.29%
2003-12-31	CN¥16.82 Billion ≈ $2.46 Billion	+10.12%
2002-12-31	CN¥15.28 Billion ≈ $2.24 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Datang International Power Generation Co Ltd Class A'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 decreased by 986.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥18.51 Billion	24.17%
Other Components	CN¥69.10 Billion	90.25%
Total Equity	CN¥76.56 Billion	100.00%

Datang International Power Generation Co Ltd Class A Competitors by Market Cap

The table below lists competitors of Datang International Power Generation Co Ltd Class A ranked by their market capitalization.

Company	Market Cap
FSPG Hi-Tech Co Ltd SHE:000973	$7.55 Billion
Mytilineos S.A AT:MYTIL	$7.55 Billion
Shandong Hi-speed Co Ltd SHG:600350	$7.57 Billion
Pool Corporation NASDAQ:POOL	$7.57 Billion
Ford Otomotiv Sanayi AS IS:FROTO	$7.55 Billion
The Magnum Ice Cream Company N.V. AS:MICC	$7.53 Billion
Zhongfu Shenying Carbon Fiber Co. Ltd. A SHG:688295	$7.53 Billion
INPOST S.A UNSP.ADR/1/2 F:6690	$7.52 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Datang International Power Generation Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 27,383,108,000 to 76,560,601,000, a change of 49,177,493,000 (179.6%).
Net income of 4,506,183,000 contributed positively to equity growth.
Dividend payments of 6,877,360,000 reduced retained earnings.
Share repurchases of 3,500,000,000 reduced equity.
Other factors increased equity by 55,048,670,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥4.51 Billion	+5.89%
Dividends Paid	CN¥6.88 Billion	-8.98%
Share Repurchases	CN¥3.50 Billion	-4.57%
Other Changes	CN¥55.05 Billion	+71.9%
Total Change	CN¥-	179.59%

Book Value vs Market Value Analysis

This analysis compares Datang International Power Generation Co Ltd Class A'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: 1.01x
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 3.43x to 1.01x 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¥1.21	CN¥4.16	x
2003-12-31	CN¥1.32	CN¥4.16	x
2004-12-31	CN¥0.78	CN¥4.16	x
2005-12-31	CN¥0.83	CN¥4.16	x
2006-12-31	CN¥1.05	CN¥4.16	x
2007-12-31	CN¥2.52	CN¥4.16	x
2008-12-31	CN¥2.21	CN¥4.16	x
2009-12-31	CN¥2.21	CN¥4.16	x
2010-12-31	CN¥2.52	CN¥4.16	x
2011-12-31	CN¥3.01	CN¥4.16	x
2012-12-31	CN¥3.14	CN¥4.16	x
2013-12-31	CN¥3.30	CN¥4.16	x
2014-12-31	CN¥3.29	CN¥4.16	x
2015-12-31	CN¥3.38	CN¥4.16	x
2016-12-31	CN¥2.98	CN¥4.16	x
2017-12-31	CN¥3.12	CN¥4.16	x
2018-12-31	CN¥2.91	CN¥4.16	x
2019-12-31	CN¥3.50	CN¥4.16	x
2020-12-31	CN¥3.95	CN¥4.16	x
2021-12-31	CN¥3.36	CN¥4.16	x
2022-12-31	CN¥3.38	CN¥4.16	x
2023-12-31	CN¥1.48	CN¥4.16	x
2024-12-31	CN¥4.14	CN¥4.16	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Datang International Power Generation Co Ltd Class A 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): 5.89%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.65%
• Asset Turnover: 0.38x
• Equity Multiplier: 4.21x
Recent ROE (5.89%) is below the historical average (9.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	108.89%	19.37%	3.01x	1.87x	CN¥14.10 Billion
2003	11.87%	18.46%	0.28x	2.28x	CN¥289.31 Million
2004	13.41%	16.61%	0.28x	2.92x	CN¥573.31 Million
2005	13.14%	13.12%	0.28x	3.58x	CN¥564.33 Million
2006	11.94%	10.90%	0.28x	3.93x	CN¥438.93 Million
2007	11.61%	10.39%	0.27x	4.13x	CN¥471.98 Million
2008	3.18%	2.23%	0.23x	6.07x	CN¥-1.77 Billion
2009	5.67%	3.09%	0.26x	6.98x	CN¥-1.13 Billion
2010	8.05%	4.08%	0.29x	6.86x	CN¥-600.04 Million
2011	4.92%	2.64%	0.30x	6.29x	CN¥-1.97 Billion
2012	9.55%	5.11%	0.29x	6.54x	CN¥-184.78 Million
2013	7.74%	4.52%	0.26x	6.68x	CN¥-991.30 Million
2014	4.11%	2.56%	0.23x	6.90x	CN¥-2.58 Billion
2015	6.24%	4.54%	0.20x	6.74x	CN¥-1.69 Billion
2016	-6.60%	-4.44%	0.25x	5.87x	CN¥-6.60 Billion
2017	3.61%	1.78%	0.36x	5.68x	CN¥-2.65 Billion
2018	2.46%	1.32%	0.32x	5.74x	CN¥-3.78 Billion
2019	1.64%	1.12%	0.34x	4.35x	CN¥-5.42 Billion
2020	4.16%	3.18%	0.34x	3.84x	CN¥-4.26 Billion
2021	-14.64%	-8.78%	0.35x	4.76x	CN¥-15.31 Billion
2022	-0.65%	-0.35%	0.38x	4.87x	CN¥-6.67 Billion
2023	4.99%	1.12%	0.40x	11.10x	CN¥-1.37 Billion
2024	5.89%	3.65%	0.38x	4.21x	CN¥-3.15 Billion

Industry Comparison

This section compares Datang International Power Generation Co Ltd Class A's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.

Industry Context

Industry: Utilities - Independent Power Producers
Average net assets among peers: $38,005,826,961
Average return on equity (ROE) among peers: 8.07%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Datang International Power Generation Co Ltd Class A (601991)	CN¥53.67 Billion	108.89%	5.04x	$7.55 Billion
Guangdong Baolihua New Energy Stock Co LTD (000690)	$2.97 Billion	18.76%	1.17x	$1.68 Billion
CGN Power (003816)	$172.32 Billion	6.28%	1.47x	$26.36 Billion
Henan BCCY Environmental Energy Co. Ltd (300614)	$1.48 Billion	7.38%	0.22x	$324.93 Million
Huaneng Power International Inc (600011)	$107.61 Billion	1.62%	2.69x	$11.25 Billion
Zhejiang Zheneng Electric Power Co Ltd (600023)	$51.13 Billion	11.67%	1.04x	$11.18 Billion
Beijing Jingneng Power Co Ltd (600578)	$717.66 Million	14.26%	1.57x	$4.78 Billion
Sichuan Chuantou Energy Co Ltd (600674)	$22.91 Billion	14.25%	0.27x	$10.92 Billion
Dalian Thermal Power Co Ltd (600719)	$714.44 Million	1.35%	0.81x	$458.84 Million
Huadian Energy (600726)	$3.76 Billion	0.38%	3.47x	$7.21 Billion
Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd (600863)	$16.45 Billion	4.76%	1.61x	$5.32 Billion

About Datang International Power Generation Co Ltd Class A

SHG:601991 China Utilities - Independent Power Producers

Market Cap

$7.55 Billion

CN¥51.57 Billion CNY

Market Cap Rank

#2719 Global

#346 in China

Share Price

CN¥4.16

Change (1 day)

-3.03%

52-Week Range

CN¥3.15 - CN¥4.74

All Time High

CN¥4.91