Henan Shenhuo Coal & Power Co Ltd

SHE:000933 China Aluminum
Market Cap
$10.24 Billion
CN¥75.14 Billion CNY
Market Cap Rank
#2236 Global
#135 in China
Share Price
CN¥33.41
Change (1 day)
-6.91%
52-Week Range
CN¥16.14 - CN¥38.04
All Time High
CN¥38.04
Categories
Companies in China Aluminum
About

Henan Shenhuo Coal Industry and Electricity Power Co. Ltd, together with its subsidiaries, engages in the production, processing, and sales of electrolytic aluminum, aluminum alloys, aluminum profiles, and extended products in China. It operates in six segments: Electrolytic Aluminum, Coal, Trading, Power Generation, Aluminum, and Headquarters and Others. The company engages in the production of … Read more

Henan Shenhuo Coal & Power Co Ltd (000933) - Net Assets

Latest net assets as of September 2025: CN¥28.26 Billion CNY

Based on the latest financial reports, Henan Shenhuo Coal & Power Co Ltd (000933) has net assets worth CN¥28.26 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥57.74 Billion) and total liabilities (CN¥29.48 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥28.26 Billion
% of Total Assets 48.94%
Annual Growth Rate 20.67%
5-Year Change 109.44%
10-Year Change 202.32%
Growth Volatility 48.69

Henan Shenhuo Coal & Power Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Henan Shenhuo Coal & Power Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Henan Shenhuo Coal & Power Co Ltd (1996–2024)

The table below shows the annual net assets of Henan Shenhuo Coal & Power Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥26.03 Billion +6.96%
2023-12-31 CN¥24.33 Billion +14.87%
2022-12-31 CN¥21.18 Billion +47.34%
2021-12-31 CN¥14.38 Billion +15.69%
2020-12-31 CN¥12.43 Billion +40.63%
2019-12-31 CN¥8.84 Billion +15.46%
2018-12-31 CN¥7.65 Billion -2.33%
2017-12-31 CN¥7.84 Billion +2.38%
2016-12-31 CN¥7.65 Billion -11.10%
2015-12-31 CN¥8.61 Billion -17.38%
2014-12-31 CN¥10.42 Billion -6.89%
2013-12-31 CN¥11.19 Billion +10.15%
2012-12-31 CN¥10.16 Billion +46.63%
2011-12-31 CN¥6.93 Billion +16.20%
2010-12-31 CN¥5.96 Billion +30.05%
2009-12-31 CN¥4.58 Billion +16.12%
2008-12-31 CN¥3.95 Billion +15.21%
2007-12-31 CN¥3.43 Billion +73.65%
2006-12-31 CN¥1.97 Billion +26.27%
2005-12-31 CN¥1.56 Billion +8.91%
2004-12-31 CN¥1.44 Billion +23.54%
2003-12-31 CN¥1.16 Billion +8.69%
2002-12-31 CN¥1.07 Billion +39.15%
2001-12-31 CN¥768.07 Million -3.42%
2000-12-31 CN¥795.26 Million +3.27%
1999-12-31 CN¥770.05 Million +256.21%
1998-12-31 CN¥216.18 Million +48.96%
1997-12-31 CN¥145.12 Million +7.35%
1996-12-31 CN¥135.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to Henan Shenhuo Coal & Power 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 grown by 1502452431700.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥15.02 Billion 69.30%
Common Stock CN¥2.25 Billion 10.37%
Other Comprehensive Income CN¥2.32 Billion 10.69%
Other Components CN¥2.09 Billion 9.64%
Total Equity CN¥21.68 Billion 100.00%

Henan Shenhuo Coal & Power Co Ltd Competitors by Market Cap

The table below lists competitors of Henan Shenhuo Coal & Power Co Ltd ranked by their market capitalization.

Company Market Cap
Sartorius AG VZO O.N.
XETRA:SRT
 		$6.78 Billion
Rakuten Group Inc
PINK:RKUNF
 		$6.80 Billion
MITSUBISHI HC CAPITAL INC
F:5B4
 		$6.80 Billion
Air Lease Corporation
NYSE:AL
 		$6.80 Billion
Liberty Broadband Srs C
NASDAQ:LBRDK
 		$6.78 Billion
PSP Swiss Property AG
PINK:PSPSF
 		$6.77 Billion
Guangdong Hec Technology Holding Co Ltd Class A
SHG:600673
 		$6.77 Billion
BrightSpring Health Services, Inc. Common Stock
NASDAQ:BTSG
 		$6.77 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Henan Shenhuo Coal & Power Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 19,829,046,338 to 21,681,699,586, a change of 1,852,653,248 (9.3%).
  • Net income of 4,306,779,303 contributed positively to equity growth.
  • Dividend payments of 2,718,010,374 reduced retained earnings.
  • Share repurchases of 1,067,982 reduced equity.
  • Other comprehensive income increased equity by 1,947,375,089.
  • Other factors decreased equity by 1,682,422,788.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥4.31 Billion +19.86%
Dividends Paid CN¥2.72 Billion -12.54%
Share Repurchases CN¥1.07 Million -0.0%
Other Comprehensive Income CN¥1.95 Billion +8.98%
Other Changes CN¥-1.68 Billion -7.76%
Total Change CN¥- 9.34%

Book Value vs Market Value Analysis

This analysis compares Henan Shenhuo Coal & Power 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: 3.44x
  • 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 414.86x to 3.44x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CN¥0.08 CN¥33.41 x
1997-12-31 CN¥0.09 CN¥33.41 x
1998-12-31 CN¥0.13 CN¥33.41 x
1999-12-31 CN¥0.46 CN¥33.41 x
2000-12-31 CN¥0.47 CN¥33.41 x
2001-12-31 CN¥0.46 CN¥33.41 x
2002-12-31 CN¥0.64 CN¥33.41 x
2003-12-31 CN¥0.69 CN¥33.41 x
2004-12-31 CN¥0.85 CN¥33.41 x
2005-12-31 CN¥0.92 CN¥33.41 x
2006-12-31 CN¥1.11 CN¥33.41 x
2007-12-31 CN¥1.17 CN¥33.41 x
2008-12-31 CN¥1.74 CN¥33.41 x
2009-12-31 CN¥2.09 CN¥33.41 x
2010-12-31 CN¥2.68 CN¥33.41 x
2011-12-31 CN¥3.08 CN¥33.41 x
2012-12-31 CN¥4.18 CN¥33.41 x
2013-12-31 CN¥3.98 CN¥33.41 x
2014-12-31 CN¥3.61 CN¥33.41 x
2015-12-31 CN¥2.77 CN¥33.41 x
2016-12-31 CN¥2.98 CN¥33.41 x
2017-12-31 CN¥3.05 CN¥33.41 x
2018-12-31 CN¥3.25 CN¥33.41 x
2019-12-31 CN¥4.09 CN¥33.41 x
2020-12-31 CN¥3.67 CN¥33.41 x
2021-12-31 CN¥4.19 CN¥33.41 x
2022-12-31 CN¥7.16 CN¥33.41 x
2023-12-31 CN¥8.87 CN¥33.41 x
2024-12-31 CN¥9.72 CN¥33.41 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Henan Shenhuo Coal & Power 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): 19.86%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.22%
  • • Asset Turnover: 0.76x
  • • Equity Multiplier: 2.33x
  • Recent ROE (19.86%) is above the historical average (18.45%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 48.62% 16.65% 0.93x 3.16x CN¥52.21 Million
1997 44.29% 15.42% 0.93x 3.09x CN¥49.77 Million
1998 27.17% 14.23% 0.73x 2.61x CN¥37.12 Million
1999 10.06% 16.76% 0.45x 1.34x CN¥484.76K
2000 9.56% 14.11% 0.49x 1.37x CN¥-3.52 Million
2001 12.90% 15.49% 0.63x 1.32x CN¥22.24 Million
2002 10.52% 15.67% 0.52x 1.28x CN¥5.51 Million
2003 14.03% 20.20% 0.52x 1.34x CN¥46.79 Million
2004 23.94% 27.94% 0.62x 1.37x CN¥200.04 Million
2005 30.58% 28.78% 0.51x 2.10x CN¥318.00 Million
2006 21.52% 10.16% 0.68x 3.13x CN¥213.62 Million
2007 41.84% 9.66% 0.75x 5.79x CN¥623.51 Million
2008 39.26% 9.57% 0.78x 5.27x CN¥856.70 Million
2009 16.97% 5.65% 0.56x 5.37x CN¥246.27 Million
2010 25.75% 6.86% 0.69x 5.48x CN¥708.88 Million
2011 21.07% 3.75% 1.02x 5.51x CN¥604.45 Million
2012 2.73% 0.72% 0.70x 5.38x CN¥-536.87 Million
2013 1.26% 0.37% 0.59x 5.73x CN¥-662.49 Million
2014 -5.34% -1.53% 0.47x 7.45x CN¥-1.05 Billion
2015 -31.77% -8.71% 0.38x 9.58x CN¥-2.20 Billion
2016 6.04% 2.02% 0.33x 9.14x CN¥-224.45 Million
2017 6.23% 1.95% 0.35x 9.12x CN¥-223.14 Million
2018 4.00% 1.30% 0.35x 8.78x CN¥-365.12 Million
2019 17.22% 7.64% 0.36x 6.35x CN¥562.10 Million
2020 5.13% 1.91% 0.31x 8.68x CN¥-339.88 Million
2021 34.56% 9.38% 0.64x 5.72x CN¥2.30 Billion
2022 47.23% 17.74% 0.71x 3.77x CN¥5.97 Billion
2023 29.78% 15.70% 0.65x 2.92x CN¥3.92 Billion
2024 19.86% 11.22% 0.76x 2.33x CN¥2.14 Billion

Industry Comparison

This section compares Henan Shenhuo Coal & Power Co Ltd's net assets metrics with peer companies in the Aluminum industry.

Industry Context

  • Industry: Aluminum
  • Average net assets among peers: $4,227,879,895
  • Average return on equity (ROE) among peers: 6.39%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Henan Shenhuo Coal & Power Co Ltd (000933) CN¥28.26 Billion 48.62% 1.04x $6.78 Billion
Jiaozuo Wanfang Aluminum (000612) $5.30 Billion 5.72% 0.48x $1.56 Billion
Yunnan Aluminium Co Ltd (000807) $20.91 Billion 15.94% 0.81x $8.73 Billion
Guangdong Hongtu Technology Holdings Co Ltd (002101) $1.35 Billion 8.74% 0.89x $589.47 Million
Jiangsu Alcha Aluminium Co Ltd (002160) $2.90 Billion -14.82% 1.20x $644.16 Million
Nanjing Yunhai Special Metals Co Ltd (002182) $1.09 Billion 0.35% 1.17x $1.49 Billion
ZYF Lopsking Aluminum Co Ltd (002333) $146.13 Million 24.51% 1.53x $135.36 Million
Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) $1.96 Billion -3.52% 0.60x $3.60 Billion
Jilin Liyuan Precision Manufacturing Co Ltd (002501) $3.44 Billion 11.58% 0.95x $703.83 Million
Tianshan Aluminum Group Co Ltd (002532) $958.82 Million 9.00% 0.33x $5.67 Billion