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 688466 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see 688466 market cap.
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. Also explore 688466 net asset momentum to track the company's year-over-year net asset growth rate.
| 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 |
|---|---|
|
Global Standard Technology Limited
KQ:083450
|
$256.69 Million |
|
Metalfrio Solutions S.A
SA:FRIO3
|
$256.73 Million |
|
SEONGAN CO. Ltd
KO:011300
|
$256.77 Million |
|
Sichuan Langsha Holding Ltd
SHG:600137
|
$256.78 Million |
|
Tong-Tai Machine Tool Co Ltd
TW:4526
|
$256.66 Million |
|
Apeejay Surrendra Park Hotels Limited
NSE:PARKHOTELS
|
$256.62 Million |
|
QST International
TWO:8349
|
$256.58 Million |
|
Pruksa Holding Public Company Limited
BK:PSH
|
$256.54 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: 1.50x
- 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 5.20x to 1.50x 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¥14.36 | x |
| 2017-12-31 | CN¥1.84 | CN¥14.36 | x |
| 2018-12-31 | CN¥2.82 | CN¥14.36 | x |
| 2019-12-31 | CN¥3.63 | CN¥14.36 | x |
| 2020-12-31 | CN¥8.54 | CN¥14.36 | x |
| 2021-12-31 | CN¥8.32 | CN¥14.36 | x |
| 2022-12-31 | CN¥8.76 | CN¥14.36 | x |
| 2023-12-31 | CN¥9.37 | CN¥14.36 | x |
| 2024-12-31 | CN¥9.18 | CN¥14.36 | x |
| 2025-12-31 | CN¥9.54 | CN¥14.36 | 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: $3,519,647,945
- Average return on equity (ROE) among peers: 1.63%
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 | $256.68 Million |
| Chengdu Xingrong Investment Co Ltd (000598) | $769.52 Million | -20.50% | 1.37x | $3.12 Billion |
| Bohai Water Industry Co Ltd (000605) | $102.04 Million | 1.09% | 1.95x | $312.21 Million |
| Zhongshan Public Utilities Group Co Ltd (000685) | $16.67 Billion | 5.80% | 0.74x | $2.44 Billion |
| Guangdong Shunkong Development Co Ltd (003039) | $2.02 Billion | 6.85% | 0.69x | $1.16 Billion |
| Gansu Dayu Water saving Group (300021) | $1.96 Billion | 5.05% | 1.81x | $625.35 Million |
| Beijing Water Business Doctor (300055) | $5.23 Billion | -4.88% | 0.65x | $733.43 Million |
| BGT Group Co. Ltd. (300774) | $1.45 Billion | 11.99% | 0.37x | $651.39 Million |
| Hynar Water Group Co. Ltd. (300961) | $1.03 Billion | -3.41% | 1.69x | $388.87 Million |
| Shenzhen Water Planning & Design Institute Co. Ltd. (301038) | $661.38 Million | 14.13% | 1.32x | $582.36 Million |
| Wuhan Sanzhen Industry Holding Co Ltd (600168) | $5.31 Billion | 0.14% | 2.84x | $646.88 Million |
About GreenTech Environmental Co Ltd
GreenTech Environmental Co., Ltd. provides water solutions in the People's Republic of China. The company offers Water Robot AI intelligent agent, provides AI operations management, equipment and environmental anomaly detection, smart work order system, report management, asset management, and water treatment plant operations consulting; and Newater House, a water treatment robot products supply … Read more