GreenTech Environmental Co Ltd (688466) - Net Assets
Based on the latest financial reports, GreenTech Environmental Co Ltd (688466) has net assets worth CN¥1.20 Billion CNY (≈ $175.45 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¥2.22 Billion ≈ $324.51 Million USD) and total liabilities (CN¥1.02 Billion ≈ $149.05 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. Check GreenTech Environmental Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.20 Billion |
| % of Total Assets | 54.07% |
| Annual Growth Rate | 27.83% |
| 5-Year Change | 13.71% |
| 10-Year Change | N/A |
| Growth Volatility | 55.44 |
GreenTech Environmental Co Ltd - Net Assets Trend (2016–2025)
This chart illustrates how GreenTech Environmental Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore GreenTech Environmental Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for GreenTech Environmental Co Ltd (2016–2025)
The table below shows the annual net assets of GreenTech Environmental Co Ltd from 2016 to 2025. For live valuation and market cap data, see market value of GreenTech Environmental Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.20 Billion ≈ $175.18 Million |
+2.93% |
| 2024-12-31 | CN¥1.16 Billion ≈ $170.19 Million |
-2.39% |
| 2023-12-31 | CN¥1.19 Billion ≈ $174.35 Million |
+7.96% |
| 2022-12-31 | CN¥1.10 Billion ≈ $161.49 Million |
+4.82% |
| 2021-12-31 | CN¥1.05 Billion ≈ $154.06 Million |
+7.99% |
| 2020-12-31 | CN¥974.91 Million ≈ $142.66 Million |
+184.43% |
| 2019-12-31 | CN¥342.77 Million ≈ $50.16 Million |
+30.89% |
| 2018-12-31 | CN¥261.87 Million ≈ $38.32 Million |
+56.54% |
| 2017-12-31 | CN¥167.29 Million ≈ $24.48 Million |
+27.29% |
| 2016-12-31 | CN¥131.42 Million ≈ $19.23 Million |
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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 470.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥386.26 Million | 33.53% |
| Other Components | CN¥765.78 Million | 66.47% |
| Total Equity | CN¥1.15 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.
| Company | Market Cap |
|---|---|
|
Neuberger Berman IMF Inc
NYSE MKT:NBH
|
$304.18 Million |
|
DB INC
KO:012030
|
$304.23 Million |
|
Shanghai Mechanical & Electrical Industry Co Ltd B
SHG:900925
|
$304.24 Million |
|
Scpharmaceuticals Inc
NASDAQ:SCPH
|
$304.36 Million |
|
High Liner Foods Incorporated
TO:HLF
|
$303.91 Million |
|
Media and Games Invest PLC
ST:M8G
|
$303.85 Million |
|
Wabash National Corporation
NYSE:WNC
|
$303.83 Million |
|
Shenzhen Keybridge Communications Co Ltd
SHE:002316
|
$303.74 Million |
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 2024 to 2025, total equity changed from 1,115,038,244 to 1,152,038,069, a change of 36,999,825 (3.3%).
- Net income of 50,695,383 contributed positively to equity growth.
- Dividend payments of 67,455,189 reduced retained earnings.
- Other factors increased equity by 53,759,631.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥50.70 Million | +4.4% |
| Dividends Paid | CN¥67.46 Million | -5.86% |
| Other Changes | CN¥53.76 Million | +4.67% |
| Total Change | CN¥- | 3.32% |
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: 1.78x
- 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 6.16x to 1.78x 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¥2.76 | CN¥17.01 | x |
| 2017-12-31 | CN¥1.84 | CN¥17.01 | x |
| 2018-12-31 | CN¥2.82 | CN¥17.01 | x |
| 2019-12-31 | CN¥3.63 | CN¥17.01 | x |
| 2020-12-31 | CN¥8.54 | CN¥17.01 | x |
| 2021-12-31 | CN¥8.32 | CN¥17.01 | x |
| 2022-12-31 | CN¥8.76 | CN¥17.01 | x |
| 2023-12-31 | CN¥9.37 | CN¥17.01 | x |
| 2024-12-31 | CN¥9.18 | CN¥17.01 | x |
| 2025-12-31 | CN¥9.54 | CN¥17.01 | 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): 4.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.74%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.96x
- Recent ROE (4.40%) is below the historical average (11.92%), 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 |
| 2025 | 4.40% | 8.74% | 0.26x | 1.96x | CN¥-64.51 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: $1,433,871,090
- Average return on equity (ROE) among peers: 11.45%
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% | 0.85x | $304.05 Million |
| Chengdu Xingrong Investment Co Ltd (000598) | $12.14 Million | 59.81% | 0.17x | $3.00 Billion |
| Bohai Water Industry Co Ltd (000605) | $139.28 Million | 11.36% | 1.64x | $324.60 Million |
| Zhongshan Public Utilities Group Co Ltd (000685) | $270.37 Million | 0.66% | 1.71x | $2.55 Billion |
| Guangdong Shunkong Development Co Ltd (003039) | $3.08 Billion | 7.76% | 0.50x | $1.17 Billion |
| Gansu Dayu Water saving Group (300021) | $478.52 Million | 3.49% | 1.97x | $587.95 Million |
| Beijing Water Business Doctor (300055) | $5.50 Billion | 0.65% | 0.49x | $1.03 Billion |
| BGT Group Co. Ltd. (300774) | $1.52 Billion | 2.16% | 0.65x | $863.13 Million |
| Hynar Water Group Co. Ltd. (300961) | $603.05 Million | 15.91% | 1.02x | $321.94 Million |
| Shenzhen Water Planning & Design Institute Co. Ltd. (301038) | $870.50 Million | -3.37% | 1.10x | $599.66 Million |
| Wuhan Sanzhen Industry Holding Co Ltd (600168) | $1.86 Billion | 16.06% | 0.69x | $680.31 Million |
About GreenTech Environmental Co Ltd
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