Shanghai Electric Wind Power Group Co. Ltd. A (688660) - Net Assets
Based on the latest financial reports, Shanghai Electric Wind Power Group Co. Ltd. A (688660) has net assets worth CN¥4.40 Billion CNY (≈ $643.79 Million 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¥33.92 Billion ≈ $4.96 Billion USD) and total liabilities (CN¥29.52 Billion ≈ $4.32 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 Shanghai Electric Wind Power Group Co. L (688660) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Shanghai Electric Wind Power Group Co. L asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Shanghai Electric Wind Power Group Co. L market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.12 Billion ≈ $749.78 Million |
-12.78% |
| 2023-12-31 | CN¥5.87 Billion ≈ $859.61 Million |
-17.84% |
| 2022-12-31 | CN¥7.15 Billion ≈ $1.05 Billion |
-6.22% |
| 2021-12-31 | CN¥7.62 Billion ≈ $1.12 Billion |
+76.30% |
| 2020-12-31 | CN¥4.32 Billion ≈ $632.82 Million |
+10.99% |
| 2019-12-31 | CN¥3.90 Billion ≈ $570.18 Million |
+81.35% |
| 2018-12-31 | CN¥2.15 Billion ≈ $314.40 Million |
-2.38% |
| 2017-12-31 | CN¥2.20 Billion ≈ $322.08 Million |
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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.
| Company | Market Cap |
|---|---|
|
Zhejiang Semir Garment Co Ltd
SHE:002563
|
$2.39 Billion |
|
Xi An Triangle Defens Co Ltd
SHE:300775
|
$2.39 Billion |
|
The Ramco Cements Limited
NSE:RAMCOCEM
|
$2.39 Billion |
|
Pou Chen Corp
TW:9904
|
$2.39 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
$2.39 Billion |
|
Ningbo Shuanglin Auto Parts
SHE:300100
|
$2.39 Billion |
|
Bayside Land Corporation Ltd
TA:BYSD
|
$2.38 Billion |
|
Van Lanschot NV
AS:VLK
|
$2.38 Billion |
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: 3.19x
- 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 4.51x to 3.19x 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¥12.24 | x |
| 2018-12-31 | CN¥2.65 | CN¥12.24 | x |
| 2019-12-31 | CN¥2.92 | CN¥12.24 | x |
| 2020-12-31 | CN¥3.24 | CN¥12.24 | x |
| 2021-12-31 | CN¥6.86 | CN¥12.24 | x |
| 2022-12-31 | CN¥5.36 | CN¥12.24 | x |
| 2023-12-31 | CN¥4.40 | CN¥12.24 | x |
| 2024-12-31 | CN¥3.83 | CN¥12.24 | 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: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
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 | $2.39 Billion |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Shanghai Electric Wind Power Group Co. Ltd. A
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