PetroChina Jinhong Energy Investment Co Ltd (000669) - Net Assets

Latest as of September 2025: CN¥80.11 Million CNY ≈ $11.72 Million USD

Based on the latest financial reports, PetroChina Jinhong Energy Investment Co Ltd (000669) has net assets worth CN¥80.11 Million CNY (≈ $11.72 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¥2.40 Billion ≈ $351.44 Million USD) and total liabilities (CN¥2.32 Billion ≈ $339.72 Million 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 PetroChina Jinhong Energy Investment Co generate cash to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥80.11 Million
% of Total Assets 3.34%
Annual Growth Rate 1.87%
5-Year Change -90.06%
10-Year Change -96.51%
Growth Volatility 221.6

PetroChina Jinhong Energy Investment Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how PetroChina Jinhong Energy Investment Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore 000669 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Annual Net Assets for PetroChina Jinhong Energy Investment Co Ltd (1993–2024)

The table below shows the annual net assets of PetroChina Jinhong Energy Investment Co Ltd from 1993 to 2024. For live valuation and market cap data, see PetroChina Jinhong Energy Investment Co (000669) market capitalisation.

Year Net Assets Change
2024-12-31 CN¥145.53 Million
≈ $21.30 Million		 -60.27%
2023-12-31 CN¥366.30 Million
≈ $53.60 Million		 -39.16%
2022-12-31 CN¥602.08 Million
≈ $88.10 Million		 -26.52%
2021-12-31 CN¥819.37 Million
≈ $119.90 Million		 -44.03%
2020-12-31 CN¥1.46 Billion
≈ $214.21 Million		 +4.97%
2019-12-31 CN¥1.39 Billion
≈ $204.08 Million		 -50.27%
2018-12-31 CN¥2.80 Billion
≈ $410.35 Million		 -38.92%
2017-12-31 CN¥4.59 Billion
≈ $671.85 Million		 +6.07%
2016-12-31 CN¥4.33 Billion
≈ $633.40 Million		 +3.85%
2015-12-31 CN¥4.17 Billion
≈ $609.91 Million		 -4.61%
2014-12-31 CN¥4.37 Billion
≈ $639.35 Million		 +89.16%
2013-12-31 CN¥2.31 Billion
≈ $338.00 Million		 +17.16%
2012-12-31 CN¥1.97 Billion
≈ $288.50 Million		 +1229.73%
2011-12-31 CN¥148.27 Million
≈ $21.70 Million		 -0.70%
2010-12-31 CN¥149.31 Million
≈ $21.85 Million		 -19.98%
2009-12-31 CN¥186.58 Million
≈ $27.30 Million		 +0.22%
2008-12-31 CN¥186.18 Million
≈ $27.24 Million		 -7.69%
2007-12-31 CN¥201.69 Million
≈ $29.51 Million		 +66.72%
2006-12-31 CN¥120.98 Million
≈ $17.70 Million		 +11.42%
2005-12-31 CN¥108.57 Million
≈ $15.89 Million		 +4.93%
2004-12-31 CN¥103.47 Million
≈ $15.14 Million		 +4.62%
2003-12-31 CN¥98.90 Million
≈ $14.47 Million		 +25.91%
2002-12-31 CN¥78.54 Million
≈ $11.49 Million		 +4.57%
2001-12-31 CN¥75.11 Million
≈ $10.99 Million		 +3.78%
2000-12-31 CN¥72.38 Million
≈ $10.59 Million		 +15.06%
1999-12-31 CN¥62.90 Million
≈ $9.20 Million		 +169.39%
1998-12-31 CN¥23.35 Million
≈ $3.42 Million		 -73.62%
1997-12-31 CN¥88.50 Million
≈ $12.95 Million		 -51.58%
1996-12-31 CN¥182.80 Million
≈ $26.75 Million		 +21.34%
1995-12-31 CN¥150.65 Million
≈ $22.04 Million		 +65.87%
1994-12-31 CN¥90.82 Million
≈ $13.29 Million		 +10.80%
1993-12-31 CN¥81.97 Million
≈ $11.99 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to PetroChina Jinhong Energy Investment Co Ltd'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 238049732100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥680.41 Million 1836.38%
Other Comprehensive Income CN¥122.65 Million 331.01%
Other Components CN¥1.61 Billion 4357.42%
Total Equity CN¥37.05 Million 100.00%

PetroChina Jinhong Energy Investment Co Ltd Competitors by Market Cap

The table below lists competitors of PetroChina Jinhong Energy Investment Co Ltd ranked by their market capitalization.

Company Market Cap
Shenzhen Ruihe Construction Decoration Co Ltd
SHE:002620
 $408.22 Million
ATN International Inc
NASDAQ:ATNI
 $408.36 Million
Coremax Corp
TW:4739
 $408.42 Million
Gladstone Capital Corporation
NASDAQ:GLAD
 $408.48 Million
Jerusalem
TA:JBNK
 $408.17 Million
Jiangsu Rutong Petro-Machinery
SHG:603036
 $408.17 Million
Instone Real Estate Group AG
XETRA:INS
 $408.10 Million
TaiMed Biologics
TWO:4147
 $408.09 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in PetroChina Jinhong Energy Investment Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 259,756,585 to 37,051,630, a change of -222,704,955 (-85.7%).
  • Net loss of 212,098,989 reduced equity.
  • Dividend payments of 49,688,107 reduced retained earnings.
  • Other comprehensive income decreased equity by 10,605,965.
  • Other factors increased equity by 49,688,106.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-212.10 Million -572.44%
Dividends Paid CN¥49.69 Million -134.11%
Other Comprehensive Income CN¥-10.61 Million -28.62%
Other Changes CN¥49.69 Million +134.11%
Total Change CN¥- -85.74%

Book Value vs Market Value Analysis

This analysis compares PetroChina Jinhong Energy Investment Co Ltd'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: 75.29x
  • 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 increased from 9.67x to 75.29x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.42 CN¥4.10 x
1994-12-31 CN¥0.47 CN¥4.10 x
1995-12-31 CN¥0.78 CN¥4.10 x
1996-12-31 CN¥0.95 CN¥4.10 x
1997-12-31 CN¥0.46 CN¥4.10 x
1998-12-31 CN¥0.12 CN¥4.10 x
1999-12-31 CN¥0.33 CN¥4.10 x
2000-12-31 CN¥0.37 CN¥4.10 x
2001-12-31 CN¥0.39 CN¥4.10 x
2002-12-31 CN¥0.41 CN¥4.10 x
2003-12-31 CN¥0.43 CN¥4.10 x
2004-12-31 CN¥0.45 CN¥4.10 x
2005-12-31 CN¥0.48 CN¥4.10 x
2006-12-31 CN¥0.53 CN¥4.10 x
2007-12-31 CN¥0.95 CN¥4.10 x
2008-12-31 CN¥0.97 CN¥4.10 x
2009-12-31 CN¥0.96 CN¥4.10 x
2010-12-31 CN¥0.77 CN¥4.10 x
2011-12-31 CN¥0.76 CN¥4.10 x
2012-12-31 CN¥4.56 CN¥4.10 x
2013-12-31 CN¥3.65 CN¥4.10 x
2014-12-31 CN¥7.12 CN¥4.10 x
2015-12-31 CN¥5.60 CN¥4.10 x
2016-12-31 CN¥5.75 CN¥4.10 x
2017-12-31 CN¥6.02 CN¥4.10 x
2018-12-31 CN¥3.71 CN¥4.10 x
2019-12-31 CN¥1.78 CN¥4.10 x
2020-12-31 CN¥1.87 CN¥4.10 x
2021-12-31 CN¥0.90 CN¥4.10 x
2022-12-31 CN¥0.69 CN¥4.10 x
2023-12-31 CN¥0.38 CN¥4.10 x
2024-12-31 CN¥0.05 CN¥4.10 x

Capital Efficiency Dashboard

This dashboard shows how efficiently PetroChina Jinhong Energy Investment Co Ltd 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): -572.44%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -16.23%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 66.13x
  • Recent ROE (-572.44%) is below the historical average (-37.08%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 21.36% 4.72% 1.16x 3.89x CN¥9.31 Million
1994 9.75% 3.23% 0.72x 4.16x CN¥-228.23K
1995 10.54% 7.88% 0.47x 2.85x CN¥812.80K
1996 6.36% 6.42% 0.31x 3.23x CN¥-6.65 Million
1997 -106.54% -774.78% 0.02x 7.49x CN¥-103.14 Million
1998 -279.02% -452.94% 0.03x 22.68x CN¥-67.49 Million
1999 62.88% 191.80% 0.16x 2.02x CN¥33.26 Million
2000 11.87% 17.83% 0.34x 1.94x CN¥1.34 Million
2001 8.25% 12.40% 0.35x 1.91x CN¥-1.31 Million
2002 4.37% 12.53% 0.19x 1.86x CN¥-4.42 Million
2003 1.12% 3.81% 0.10x 2.99x CN¥-7.37 Million
2004 1.54% 2.08% 0.25x 2.98x CN¥-7.38 Million
2005 2.47% 3.71% 0.23x 2.96x CN¥-6.95 Million
2006 8.41% 12.82% 0.22x 2.97x CN¥-1.66 Million
2007 6.64% 19.43% 0.18x 1.86x CN¥-6.22 Million
2008 0.66% 3.84% 0.14x 1.28x CN¥-17.39 Million
2009 0.22% 1.31% 0.13x 1.31x CN¥-18.25 Million
2010 -24.96% -99.55% 0.18x 1.37x CN¥-52.21 Million
2011 -0.70% -6.57% 0.08x 1.35x CN¥-15.87 Million
2012 15.43% 20.74% 0.27x 2.77x CN¥95.88 Million
2013 14.52% 17.88% 0.29x 2.79x CN¥93.38 Million
2014 7.85% 11.64% 0.28x 2.39x CN¥-86.60 Million
2015 6.49% 9.62% 0.28x 2.41x CN¥-133.58 Million
2016 4.84% 7.71% 0.20x 3.09x CN¥-203.00 Million
2017 5.81% 6.37% 0.28x 3.23x CN¥-172.57 Million
2018 -62.78% -35.81% 0.39x 4.48x CN¥-1.84 Billion
2019 -120.01% -38.21% 0.40x 7.78x CN¥-1.54 Billion
2020 -2.55% -1.41% 0.57x 3.19x CN¥-159.86 Million
2021 -109.55% -34.17% 0.61x 5.29x CN¥-735.39 Million
2022 -33.53% -12.42% 0.43x 6.21x CN¥-203.01 Million
2023 -85.79% -18.09% 0.45x 10.42x CN¥-248.81 Million
2024 -572.44% -16.23% 0.53x 66.13x CN¥-215.80 Million

Industry Comparison

This section compares PetroChina Jinhong Energy Investment Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $5,900,693,071
  • Average return on equity (ROE) among peers: 6.16%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
PetroChina Jinhong Energy Investment Co Ltd (000669) CN¥80.11 Million 21.36% 28.98x $408.22 Million
ZTE Corp (000063) $43.35 Billion 8.36% 1.88x $20.52 Billion
Shenzhen SDG Information Co Ltd (000070) $2.49 Billion -10.95% 2.25x $2.27 Billion
Addsino Co Ltd (000547) $1.78 Billion 7.79% 0.60x $4.96 Billion
Sichuan Huiyuan Optical Com (000586) $261.12 Million -1.11% 1.30x $483.19 Million
Sichuan Jiuzhou Electronic Co Ltd (000801) $2.80 Billion 2.74% 0.79x $1.95 Billion
Skyworth Digital Co Ltd (000810) $460.44 Million 9.24% 1.29x $1.98 Billion
Gohigh Data Networks Technology Co Ltd (000851) $1.07 Billion 1.56% 0.75x $64.38 Million
Shenzhen Coship Electronics Co Ltd (002052) $786.42 Million 13.77% 1.77x $1.12 Billion
Sunwave Communications Co Ltd (002115) $112.36 Million 24.04% 1.27x $1.50 Billion

About PetroChina Jinhong Energy Investment Co Ltd

SHE:000669 China Communication Equipment
Market Cap
$408.22 Million
CN¥2.79 Billion CNY
Market Cap Rank
#13564 Global
#4151 in China
Share Price
CN¥4.10
Change (1 day)
+0.74%
52-Week Range
CN¥2.26 - CN¥5.48
All Time High
CN¥17.72
Categories
Companies in China Communication Equipment Technology AI & Machine Learning
About

Jinhong Holding Group Co., Ltd. constructs and manages long-distance natural gas pipeline networks. The company offers liquefied natural gas and petroleum gas. It also engages in development and transportation of gas source; operation and sale of city gas; investment and operation of vehicle gas stations; supply and distribution of LNG point; and development and construction of energy projects, a… Read more