CHINA SHENHUA EN.A ADR/4 (IKFC) - Net Assets
Based on the latest financial reports, CHINA SHENHUA EN.A ADR/4 (IKFC) has net assets worth €555.88 Billion EUR (≈ $649.89 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€783.28 Billion ≈ $915.74 Billion USD) and total liabilities (€227.40 Billion ≈ $265.85 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. Explore how efficiently does CHINA SHENHUA EN.A ADR/4 generate cash to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €555.88 Billion |
| % of Total Assets | 70.97% |
| Annual Growth Rate | 1.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.84 |
CHINA SHENHUA EN.A ADR/4 - Net Assets Trend (2021–2025)
This chart illustrates how CHINA SHENHUA EN.A ADR/4's net assets have evolved over time, based on quarterly financial data. Also explore CHINA SHENHUA EN.A ADR/4 asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for CHINA SHENHUA EN.A ADR/4 (2021–2025)
The table below shows the annual net assets of CHINA SHENHUA EN.A ADR/4 from 2021 to 2025. For live valuation and market cap data, see market cap of CHINA SHENHUA EN.A ADR/4.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €481.45 Billion ≈ $562.87 Billion |
-4.46% |
| 2024-12-31 | €503.95 Billion ≈ $589.17 Billion |
+5.35% |
| 2023-12-31 | €478.37 Billion ≈ $559.26 Billion |
+4.15% |
| 2022-12-31 | €459.32 Billion ≈ $536.99 Billion |
+3.11% |
| 2021-12-31 | €445.45 Billion ≈ $520.78 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to CHINA SHENHUA EN.A ADR/4'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 3.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €269.98 Billion | 65.99% |
| Other Components | €139.13 Billion | 34.01% |
| Total Equity | €409.11 Billion | 100.00% |
CHINA SHENHUA EN.A ADR/4 Competitors by Market Cap
The table below lists competitors of CHINA SHENHUA EN.A ADR/4 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Naver Corporation
KO:035420
|
$20.14 Billion |
|
Zscaler Inc
NASDAQ:ZS
|
$20.16 Billion |
|
Southwest Airlines Company
NYSE:LUV
|
$20.19 Billion |
|
Publicis Groupe SA
PA:PUB
|
$20.20 Billion |
|
Banco Santander (Brasil) S.A.
SA:SANB11
|
$20.13 Billion |
|
Super Micro Computer Inc
NASDAQ:SMCI
|
$20.13 Billion |
|
Amer Sports, Inc.
NYSE:AS
|
$20.07 Billion |
|
BioNTech SE
F:22UA
|
$20.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CHINA SHENHUA EN.A ADR/4's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 426,866,000,000 to 409,107,000,000, a change of -17,759,000,000 (-4.2%).
- Net income of 52,849,000,000 contributed positively to equity growth.
- Dividend payments of 66,616,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €52.85 Billion | +12.92% |
| Dividends Paid | €66.62 Billion | -16.28% |
| Other Changes | €-3.99 Billion | -0.98% |
| Total Change | €- | -4.16% |
Book Value vs Market Value Analysis
This analysis compares CHINA SHENHUA EN.A ADR/4'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: 0.99x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €18.96 | €20.40 | x |
| 2022-12-31 | €19.83 | €20.40 | x |
| 2023-12-31 | €20.57 | €20.40 | x |
| 2024-12-31 | €21.48 | €20.40 | x |
| 2025-12-31 | €20.59 | €20.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CHINA SHENHUA EN.A ADR/4 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): 12.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.92%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.53x
- Recent ROE (12.92%) is below the historical average (14.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 13.30% | 14.92% | 0.55x | 1.61x | €12.41 Billion |
| 2022 | 17.68% | 20.22% | 0.55x | 1.58x | €30.26 Billion |
| 2023 | 14.61% | 17.40% | 0.54x | 1.54x | €18.82 Billion |
| 2024 | 13.07% | 16.42% | 0.52x | 1.54x | €13.12 Billion |
| 2025 | 12.92% | 17.92% | 0.47x | 1.53x | €11.94 Billion |
Industry Comparison
This section compares CHINA SHENHUA EN.A ADR/4's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $105,726,258,857
- Average return on equity (ROE) among peers: 3.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CHINA SHENHUA EN.A ADR/4 (IKFC) | €555.88 Billion | 13.30% | 0.41x | $20.14 Billion |
| Hidili Industry International Development Limited (3H3) | $5.60 Billion | -25.41% | 1.52x | $8.08 Million |
| BANPU PCL -FGN- BA 1 (BPFG) | $4.83 Billion | 3.31% | 1.69x | $1.53K |
| China Coal Energy Company Limited (CVV) | $117.37 Billion | 4.79% | 1.32x | $6.51 Billion |
| HMS Bergbau AG (HMU) | $2.70 Million | 15.49% | 1.97x | $207.16 Million |
| China Shenhua Energy Company Limited (IKF) | $481.45 Billion | 10.98% | 0.30x | $18.97 Billion |
| Yanzhou Coal Mining Company Limited (YZC) | $51.05 Billion | 4.04% | 1.85x | $8.29 Billion |
| Yanzhou Coal Mining Company Limited (YZCA) | $79.78 Billion | 8.93% | 2.25x | $7.24 Billion |
About CHINA SHENHUA EN.A ADR/4
China Shenhua Energy Company Limited, together with its subsidiaries, engages in the production and sale of coal and power; railway, port, and shipping transportation; and coal-to-olefins businesses in the People's Republic of China and internationally. The company operates through six segments: Coal Operations, Power Operations, Railway Operations, Port Operations, Shipping Operations, and Coal … Read more