Shanghai Electric Wind Power Group Co. Ltd. A

SHG:688660 China Specialty Industrial Machinery
Market Cap
$2.81 Billion
CN¥20.60 Billion CNY
Market Cap Rank
#6952 Global
#1129 in China
Share Price
CN¥15.45
Change (1 day)
+1.11%
52-Week Range
CN¥5.94 - CN¥25.56
All Time High
CN¥25.56
About

Shanghai Electric Wind Power Group Co., Ltd. engages in the design, research and development, manufacturing, and sale of wind power equipment in China. The company also provides value-added services for wind turbines, wind farm management optimization, and personnel capacity improvement, as well as spare parts solutions, lean operation and maintenance, and maintenance, special operation and maint… Read more

Shanghai Electric Wind Power Group Co. Ltd. A (688660) - Net Assets

Latest net assets as of September 2025: CN¥4.40 Billion CNY

Based on the latest financial reports, Shanghai Electric Wind Power Group Co. Ltd. A (688660) has net assets worth CN¥4.40 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¥33.92 Billion) and total liabilities (CN¥29.52 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¥4.40 Billion
% of Total Assets 12.97%
Annual Growth Rate 12.83%
5-Year Change 18.48%
10-Year Change N/A
Growth Volatility 39.08

Shanghai Electric Wind Power Group Co. Ltd. A - Net Assets Trend (2017–2024)

This chart illustrates how Shanghai Electric Wind Power Group Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shanghai Electric Wind Power Group Co. Ltd. A (2017–2024)

The table below shows the annual net assets of Shanghai Electric Wind Power Group Co. Ltd. A from 2017 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.12 Billion -12.78%
2023-12-31 CN¥5.87 Billion -17.84%
2022-12-31 CN¥7.15 Billion -6.22%
2021-12-31 CN¥7.62 Billion +76.30%
2020-12-31 CN¥4.32 Billion +10.99%
2019-12-31 CN¥3.90 Billion +81.35%
2018-12-31 CN¥2.15 Billion -2.38%
2017-12-31 CN¥2.20 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Electric Wind Power Group Co. Ltd. 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 14659628890.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.33 Billion 26.09%
Other Comprehensive Income CN¥202.53 Million 3.96%
Other Components CN¥5.10 Billion 99.87%
Total Equity CN¥5.11 Billion 100.00%

Shanghai Electric Wind Power Group Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Shanghai Electric Wind Power Group Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Electric Wind Power Group Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,865,195,128 to 5,111,195,124, a change of -754,000,004 (-12.9%).
  • Net loss of 784,785,400 reduced equity.
  • Dividend payments of 131,779,813 reduced retained earnings.
  • Other comprehensive income increased equity by 137,756,783.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-784.79 Million -15.35%
Dividends Paid CN¥131.78 Million -2.58%
Other Comprehensive Income CN¥137.76 Million +2.7%
Other Changes CN¥24.81 Million +0.49%
Total Change CN¥- -12.86%

Book Value vs Market Value Analysis

This analysis compares Shanghai Electric Wind Power Group Co. Ltd. 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: 4.03x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 5.70x to 4.03x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 CN¥2.71 CN¥15.45 x
2018-12-31 CN¥2.65 CN¥15.45 x
2019-12-31 CN¥2.92 CN¥15.45 x
2020-12-31 CN¥3.24 CN¥15.45 x
2021-12-31 CN¥6.86 CN¥15.45 x
2022-12-31 CN¥5.36 CN¥15.45 x
2023-12-31 CN¥4.40 CN¥15.45 x
2024-12-31 CN¥3.83 CN¥15.45 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Electric Wind Power Group Co. Ltd. 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): -15.35%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7.52%
  • • Asset Turnover: 0.36x
  • • Equity Multiplier: 5.71x
  • Recent ROE (-15.35%) is below the historical average (-2.56%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 0.96% 0.32% 0.53x 5.59x CN¥-198.92 Million
2018 -2.43% -0.85% 0.42x 6.76x CN¥-267.16 Million
2019 6.46% 2.48% 0.46x 5.71x CN¥-138.02 Million
2020 9.64% 2.01% 0.65x 7.35x CN¥-15.77 Million
2021 6.65% 2.16% 0.77x 4.03x CN¥-255.25 Million
2022 -4.73% -2.80% 0.40x 4.23x CN¥-1.05 Billion
2023 -21.67% -12.57% 0.39x 4.41x CN¥-1.86 Billion
2024 -15.35% -7.52% 0.36x 5.71x CN¥-1.30 Billion

Industry Comparison

This section compares Shanghai Electric Wind Power Group Co. Ltd. A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Electric Wind Power Group Co. Ltd. A (688660) CN¥4.40 Billion 0.96% 6.71x $1.09 Billion
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million