Ningbo Thermal Power Co Ltd

SHG:600982 China Utilities - Regulated Electric
Market Cap
$787.51 Million
CN¥5.78 Billion CNY
Market Cap Rank
#12174 Global
#2987 in China
Share Price
CN¥5.17
Change (1 day)
-3.72%
52-Week Range
CN¥4.30 - CN¥5.37
All Time High
CN¥7.38
About

Ningbo Energy Group Co.,Ltd., together with its subsidiaries, engages in the power generation activities in China. It operates coal-fired power plants, coal-fired gas-fired thermal power plants, hydroelectric, and renewable energy power plants. The company is also involved in the cogeneration of heat and power, biomass power generation, pumped storage power generation, bulk commodity trading, and… Read more

Ningbo Thermal Power Co Ltd (600982) - Total Assets

Latest total assets as of September 2025: CN¥16.53 Billion CNY

Based on the latest financial reports, Ningbo Thermal Power Co Ltd (600982) holds total assets worth CN¥16.53 Billion CNY as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Ningbo Thermal Power Co Ltd - Total Assets Trend (2000–2024)

This chart illustrates how Ningbo Thermal Power Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Ningbo Thermal Power Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Ningbo Thermal Power Co Ltd's total assets of CN¥16.53 Billion consist of 25.5% current assets and 74.5% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 5.5%
Accounts Receivable CN¥1.57 Billion 10.3%
Inventory CN¥146.90 Million 1.0%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥401.33 Million 2.6%
Goodwill CN¥13.00 Million 0.1%

Asset Composition Trend (2000–2024)

This chart illustrates how Ningbo Thermal Power Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Ningbo Thermal Power Co Ltd's current assets represent 25.5% of total assets in 2024, an increase from 12.6% in 2000.
  • Cash Position: Cash and equivalents constituted 5.5% of total assets in 2024, up from 4.8% in 2000.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 6.0% in 2000.
  • Asset Diversification: The largest asset category is accounts receivable at 10.3% of total assets.

Ningbo Thermal Power Co Ltd Competitors by Total Assets

Key competitors of Ningbo Thermal Power Co Ltd based on total assets are shown below.

Ningbo Thermal Power Co Ltd - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.27 - 0.79

Lower asset utilization - Ningbo Thermal Power Co Ltd generates 0.28x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 1.87% - 4.74%

Moderate ROA - For every $100 in assets, Ningbo Thermal Power Co Ltd generates $ 1.87 in net profit.

Ningbo Thermal Power Co Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.81 0.72 0.92
Quick Ratio 0.78 0.68 0.86
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥-949.08 Million CN¥ -1.47 Billion CN¥ -197.09 Million

Ningbo Thermal Power Co Ltd - Advanced Valuation Insights

This section examines the relationship between Ningbo Thermal Power Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 0.95
Latest Market Cap to Assets Ratio 0.02
Asset Growth Rate (YoY) 10.4%
Total Assets CN¥15.21 Billion
Market Capitalization $342.76 Million USD

Valuation Analysis

Below Book Valuation: The market values Ningbo Thermal Power Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Ningbo Thermal Power Co Ltd's assets grew by 10.4% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Ningbo Thermal Power Co Ltd (2000–2024)

The table below shows the annual total assets of Ningbo Thermal Power Co Ltd from 2000 to 2024.

Year Total Assets Change
2024-12-31 CN¥15.21 Billion +10.36%
2023-12-31 CN¥13.78 Billion +17.79%
2022-12-31 CN¥11.70 Billion +17.17%
2021-12-31 CN¥9.99 Billion +40.61%
2020-12-31 CN¥7.10 Billion +15.65%
2019-12-31 CN¥6.14 Billion -4.58%
2018-12-31 CN¥6.44 Billion +48.30%
2017-12-31 CN¥4.34 Billion +25.01%
2016-12-31 CN¥3.47 Billion +5.82%
2015-12-31 CN¥3.28 Billion +8.69%
2014-12-31 CN¥3.02 Billion +70.82%
2013-12-31 CN¥1.77 Billion +8.14%
2012-12-31 CN¥1.63 Billion +25.46%
2011-12-31 CN¥1.30 Billion +18.21%
2010-12-31 CN¥1.10 Billion +35.16%
2009-12-31 CN¥815.23 Million +39.85%
2008-12-31 CN¥582.92 Million +4.91%
2007-12-31 CN¥555.64 Million -0.10%
2006-12-31 CN¥556.18 Million -0.04%
2005-12-31 CN¥556.38 Million +9.87%
2004-12-31 CN¥506.41 Million +56.62%
2003-12-31 CN¥323.33 Million +12.41%
2002-12-31 CN¥287.64 Million +35.72%
2001-12-31 CN¥211.93 Million +20.86%
2000-12-31 CN¥175.35 Million --