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

Latest as of March 2026: CN¥3.89 Billion CNY ≈ $569.16 Million USD

Based on the latest financial reports, Shanghai Electric Wind Power Group Co. Ltd. A (688660) has net assets worth CN¥3.89 Billion CNY (≈ $569.16 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¥33.77 Billion ≈ $4.94 Billion USD) and total liabilities (CN¥29.88 Billion ≈ $4.37 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 688660 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.89 Billion
% of Total Assets	11.52%
Annual Growth Rate	43.21%
5-Year Change	410.83%
10-Year Change	N/A
Growth Volatility	215.32

Shanghai Electric Wind Power Group Co. Ltd. A - Net Assets Trend (2017–2025)

This chart illustrates how Shanghai Electric Wind Power Group Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See Shanghai Electric Wind Power Group Co. L (688660) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shanghai Electric Wind Power Group Co. Ltd. A (2017–2025)

The table below shows the annual net assets of Shanghai Electric Wind Power Group Co. Ltd. A from 2017 to 2025. For live valuation and market cap data, see Shanghai Electric Wind Power Group Co. L market cap and net worth.

Year	Net Assets	Change
2025-12-31	CN¥38.95 Billion ≈ $5.70 Billion	+660.10%
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	--

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 113551163615.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Comprehensive Income	CN¥4.39 Billion	99.81%
Other Components	CN¥2.53 Billion	57.44%
Total Equity	CN¥4.40 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
Sparebanken Vest OL:SVEG	$1.84 Billion
Hugel Inc KQ:145020	$1.84 Billion
Chin Hin Group Bhd KLSE:5273	$1.84 Billion
Chalet Hotels Limited NSE:CHALET	$1.84 Billion
Guodian Nanjing Automation Co Ltd SHG:600268	$1.84 Billion
Telecom Argentina S.A F:TEO	$1.84 Billion
Xi An Triangle Defens Co Ltd SHE:300775	$1.84 Billion
Jafron Biomedical Co Ltd SHE:300529	$1.83 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 2024 to 2025, total equity changed from 5,111,195,124 to 4,399,558,000, a change of -711,637,124 (-13.9%).
Net loss of 988,915,300 reduced equity.
Dividend payments of 124,076,410 reduced retained earnings.
Other comprehensive income increased equity by 4,188,444,637.
Other factors decreased equity by 3,787,090,051.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-988.92 Million	-22.48%
Dividends Paid	CN¥124.08 Million	-2.82%
Other Comprehensive Income	CN¥4.19 Billion	+95.2%
Other Changes	CN¥-3.79 Billion	-86.08%
Total Change	CN¥-	-13.92%

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: 2.86x
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 3.47x to 2.86x 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¥9.41	x
2018-12-31	CN¥2.65	CN¥9.41	x
2019-12-31	CN¥4.87	CN¥9.41	x
2020-12-31	CN¥5.41	CN¥9.41	x
2021-12-31	CN¥6.86	CN¥9.41	x
2022-12-31	CN¥5.36	CN¥9.41	x
2023-12-31	CN¥4.40	CN¥9.41	x
2024-12-31	CN¥3.83	CN¥9.41	x
2025-12-31	CN¥3.29	CN¥9.41	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): -22.48%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -7.23%
• Asset Turnover: 0.40x
• Equity Multiplier: 7.85x
Recent ROE (-22.48%) is below the historical average (-4.77%), 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
2025	-22.48%	-7.23%	0.40x	7.85x	CN¥-1.43 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: $2,053,540,271
Average return on equity (ROE) among peers: 4.45%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shanghai Electric Wind Power Group Co. Ltd. A (688660)	CN¥3.89 Billion	0.96%	7.68x	$1.84 Billion
Huayi Compressor Co Ltd (000404)	$2.70 Billion	6.94%	1.45x	$768.94 Million
Shenyang Machine Tool Co Ltd (000410)	$1.11 Billion	8.63%	3.77x	$1.98 Billion
North Industries Group Red Arrow Co Ltd (000519)	$9.75 Billion	8.40%	0.54x	$4.14 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530)	$657.04 Million	17.35%	0.68x	$478.11 Million
Changchai Co Ltd (000570)	$2.06 Billion	3.02%	0.72x	$409.83 Million
Jiangsu Youli Investment Holding Co Ltd (000584)	$437.03 Million	6.41%	1.13x	$32.29 Million
Baota Industry Co Ltd (000595)	$356.47 Million	-22.08%	1.87x	$1.07 Billion
SUFA Technology Industry Co Ltd CNNC (000777)	$303.55 Million	4.59%	0.79x	$1.10 Billion
J.S. Corrugating Machinery Co Ltd (000821)	$2.36 Billion	2.28%	1.62x	$788.41 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837)	$803.92 Million	9.00%	0.67x	$1.83 Billion

About Shanghai Electric Wind Power Group Co. Ltd. A

SHG:688660 China Specialty Industrial Machinery

Market Cap

$1.84 Billion

CN¥12.55 Billion CNY

Market Cap Rank

#6600 Global

#1441 in China

Share Price

CN¥9.41

Change (1 day)

-1.16%

52-Week Range

CN¥7.79 - CN¥25.56

All Time High

CN¥25.56