GreenTech Environmental Co Ltd

SHG:688466 China Utilities - Regulated Water
Market Cap
$306.67 Million
CN¥2.25 Billion CNY
Market Cap Rank
#17074 Global
#4469 in China
Share Price
CN¥18.42
Change (1 day)
-0.97%
52-Week Range
CN¥14.26 - CN¥25.16
All Time High
CN¥43.20
About

GreenTech Environmental Co., Ltd. engages in the water treatment and waste-to-resources projects in the People's Republic of China. It focuses on engineering, construction, operation, management, and finance of projects in the areas of wastewater treatment and upgradation, and water environment using membrane technologies. The company was founded in 2004 and is based in Beijing, the People's Repu… Read more

GreenTech Environmental Co Ltd (688466) - Net Assets

Latest net assets as of September 2025: CN¥1.20 Billion CNY

Based on the latest financial reports, GreenTech Environmental Co Ltd (688466) has net assets worth CN¥1.20 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¥2.24 Billion) and total liabilities (CN¥1.04 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¥1.20 Billion
% of Total Assets 53.42%
Annual Growth Rate 31.33%
5-Year Change 19.3%
10-Year Change N/A
Growth Volatility 57.51

GreenTech Environmental Co Ltd - Net Assets Trend (2016–2024)

This chart illustrates how GreenTech Environmental 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 GreenTech Environmental Co Ltd (2016–2024)

The table below shows the annual net assets of GreenTech Environmental Co Ltd from 2016 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.16 Billion -2.39%
2023-12-31 CN¥1.19 Billion +7.96%
2022-12-31 CN¥1.10 Billion +4.82%
2021-12-31 CN¥1.05 Billion +7.99%
2020-12-31 CN¥974.91 Million +184.43%
2019-12-31 CN¥342.77 Million +30.89%
2018-12-31 CN¥261.87 Million +56.54%
2017-12-31 CN¥167.29 Million +27.29%
2016-12-31 CN¥131.42 Million --

Equity Component Analysis

This analysis shows how different components contribute to GreenTech Environmental 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 414.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥348.47 Million 31.25%
Common Stock CN¥123.12 Million 11.04%
Other Components CN¥643.44 Million 57.71%
Total Equity CN¥1.12 Billion 100.00%

GreenTech Environmental Co Ltd Competitors by Market Cap

The table below lists competitors of GreenTech Environmental Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in GreenTech Environmental Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,143,752,110 to 1,115,038,244, a change of -28,713,866 (-2.5%).
  • Net income of 66,792,883 contributed positively to equity growth.
  • Dividend payments of 59,838,227 reduced retained earnings.
  • Other factors decreased equity by 35,668,522.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥66.79 Million +5.99%
Dividends Paid CN¥59.84 Million -5.37%
Other Changes CN¥-35.67 Million -3.2%
Total Change CN¥- -2.51%

Book Value vs Market Value Analysis

This analysis compares GreenTech Environmental 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: 2.01x
  • 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 5.56x to 2.01x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 CN¥3.32 CN¥18.42 x
2017-12-31 CN¥2.20 CN¥18.42 x
2018-12-31 CN¥3.39 CN¥18.42 x
2019-12-31 CN¥2.72 CN¥18.42 x
2020-12-31 CN¥7.83 CN¥18.42 x
2021-12-31 CN¥8.27 CN¥18.42 x
2022-12-31 CN¥8.76 CN¥18.42 x
2023-12-31 CN¥9.37 CN¥18.42 x
2024-12-31 CN¥9.18 CN¥18.42 x

Capital Efficiency Dashboard

This dashboard shows how efficiently GreenTech Environmental 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): 5.99%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.82%
  • • Asset Turnover: 0.27x
  • • Equity Multiplier: 2.07x
  • Recent ROE (5.99%) is below the historical average (12.76%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 12.67% 9.93% 0.61x 2.10x CN¥3.48 Million
2017 21.33% 13.48% 0.73x 2.18x CN¥18.83 Million
2018 25.69% 16.65% 0.71x 2.17x CN¥40.90 Million
2019 22.28% 14.81% 0.68x 2.21x CN¥41.18 Million
2020 7.42% 12.85% 0.37x 1.54x CN¥-24.92 Million
2021 6.11% 11.13% 0.33x 1.64x CN¥-39.72 Million
2022 7.13% 11.45% 0.36x 1.72x CN¥-30.86 Million
2023 6.19% 12.36% 0.27x 1.85x CN¥-43.60 Million
2024 5.99% 10.82% 0.27x 2.07x CN¥-44.71 Million

Industry Comparison

This section compares GreenTech Environmental Co Ltd's net assets metrics with peer companies in the Utilities - Regulated Water industry.

Industry Context

  • Industry: Utilities - Regulated Water
  • Average net assets among peers: $3,359,023,908
  • Average return on equity (ROE) among peers: 7.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
GreenTech Environmental Co Ltd (688466) CN¥1.20 Billion 12.67% 0.87x $131.13 Million
Chengdu Xingrong Investment Co Ltd (000598) $11.99 Billion 9.01% 1.11x $1.21 Billion
Bohai Water Industry Co Ltd (000605) $164.13 Million 2.53% 1.04x $171.74 Million
Zhongshan Public Utilities Group Co Ltd (000685) $11.04 Billion 13.53% 0.25x $1.16 Billion
Guangdong Shunkong Development Co Ltd (003039) $1.68 Billion 11.76% 1.49x $276.18 Million
Gansu Dayu Water saving Group (300021) $2.33 Billion 3.48% 3.01x $349.89 Million
Beijing Water Business Doctor (300055) $1.60 Billion 3.85% 0.13x $355.06 Million
BGT Group Co. Ltd. (300774) $1.52 Billion 2.16% 0.65x $371.81 Million
Hynar Water Group Co. Ltd. (300961) $695.55 Million 13.29% 1.35x $339.95 Million
Shenzhen Water Planning & Design Institute Co. Ltd. (301038) $942.31 Million 11.26% 0.90x $202.63 Million
Wuhan Sanzhen Industry Holding Co Ltd (600168) $1.63 Billion 3.60% 0.65x $316.91 Million