Henan Shenhuo Coal & Power Co Ltd (000933) - Net Assets
Based on the latest financial reports, Henan Shenhuo Coal & Power Co Ltd (000933) has net assets worth CN¥28.51 Billion CNY (≈ $4.17 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥49.46 Billion ≈ $7.24 Billion USD) and total liabilities (CN¥20.95 Billion ≈ $3.07 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 Henan Shenhuo Coal & Power Co Ltd (000933) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥28.51 Billion |
| % of Total Assets | 57.64% |
| Annual Growth Rate | 20.27% |
| 5-Year Change | 98.17% |
| 10-Year Change | 272.46% |
| Growth Volatility | 47.74 |
Henan Shenhuo Coal & Power Co Ltd - Net Assets Trend (1996–2025)
This chart illustrates how Henan Shenhuo Coal & Power Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 000933 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Henan Shenhuo Coal & Power Co Ltd (1996–2025)
The table below shows the annual net assets of Henan Shenhuo Coal & Power Co Ltd from 1996 to 2025. For live valuation and market cap data, see how much is Henan Shenhuo Coal & Power Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥28.51 Billion ≈ $4.17 Billion |
+9.53% |
| 2024-12-31 | CN¥26.03 Billion ≈ $3.81 Billion |
+6.96% |
| 2023-12-31 | CN¥24.33 Billion ≈ $3.56 Billion |
+14.77% |
| 2022-12-31 | CN¥21.20 Billion ≈ $3.10 Billion |
+47.39% |
| 2021-12-31 | CN¥14.38 Billion ≈ $2.10 Billion |
+15.76% |
| 2020-12-31 | CN¥12.43 Billion ≈ $1.82 Billion |
+36.58% |
| 2019-12-31 | CN¥9.10 Billion ≈ $1.33 Billion |
+11.74% |
| 2018-12-31 | CN¥8.14 Billion ≈ $1.19 Billion |
+3.91% |
| 2017-12-31 | CN¥7.84 Billion ≈ $1.15 Billion |
+2.38% |
| 2016-12-31 | CN¥7.65 Billion ≈ $1.12 Billion |
-11.29% |
| 2015-12-31 | CN¥8.63 Billion ≈ $1.26 Billion |
-17.20% |
| 2014-12-31 | CN¥10.42 Billion ≈ $1.52 Billion |
-6.70% |
| 2013-12-31 | CN¥11.17 Billion ≈ $1.63 Billion |
+9.92% |
| 2012-12-31 | CN¥10.16 Billion ≈ $1.49 Billion |
+46.63% |
| 2011-12-31 | CN¥6.93 Billion ≈ $1.01 Billion |
+16.20% |
| 2010-12-31 | CN¥5.96 Billion ≈ $872.49 Million |
+27.24% |
| 2009-12-31 | CN¥4.69 Billion ≈ $685.71 Million |
+17.89% |
| 2008-12-31 | CN¥3.97 Billion ≈ $581.63 Million |
+14.58% |
| 2007-12-31 | CN¥3.47 Billion ≈ $507.62 Million |
+43.94% |
| 2006-12-31 | CN¥2.41 Billion ≈ $352.67 Million |
+54.94% |
| 2005-12-31 | CN¥1.56 Billion ≈ $227.61 Million |
+8.38% |
| 2004-12-31 | CN¥1.44 Billion ≈ $210.01 Million |
+23.54% |
| 2003-12-31 | CN¥1.16 Billion ≈ $169.99 Million |
-0.61% |
| 2002-12-31 | CN¥1.17 Billion ≈ $171.02 Million |
+52.17% |
| 2001-12-31 | CN¥768.07 Million ≈ $112.39 Million |
-3.03% |
| 2000-12-31 | CN¥792.06 Million ≈ $115.90 Million |
+2.86% |
| 1999-12-31 | CN¥770.05 Million ≈ $112.68 Million |
+256.21% |
| 1998-12-31 | CN¥216.18 Million ≈ $31.63 Million |
+48.96% |
| 1997-12-31 | CN¥145.12 Million ≈ $21.24 Million |
+7.35% |
| 1996-12-31 | CN¥135.19 Million ≈ $19.78 Million |
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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 1791397400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥17.91 Billion | 72.92% |
| Common Stock | CN¥2.25 Billion | 9.15% |
| Other Comprehensive Income | CN¥2.29 Billion | 9.32% |
| Other Components | CN¥2.11 Billion | 8.60% |
| Total Equity | CN¥24.57 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 |
|---|---|
|
BALOISE HLDG AG ADR/1/10
F:BLO
|
$10.20 Billion |
|
LS Corp
KO:006260
|
$10.21 Billion |
|
Itaúsa - Investimentos Itaú SA
SA:ITSA3
|
$10.21 Billion |
|
KT Corporation
NYSE:KT
|
$10.21 Billion |
|
eMemory Technology
TWO:3529
|
$10.20 Billion |
|
MOL Nyrt.
BUD:MOL
|
$10.20 Billion |
|
Loongson Technology Corp. Ltd. A
SHG:688047
|
$10.20 Billion |
|
Dynatrace Holdings LLC
NYSE:DT
|
$10.20 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 2024 to 2025, total equity changed from 21,681,699,586 to 24,567,100,000, a change of 2,885,400,414 (13.3%).
- Net income of 4,005,359,000 contributed positively to equity growth.
- Dividend payments of 1,116,965,104 reduced retained earnings.
- Share repurchases of 254,984,042 reduced equity.
- Other comprehensive income decreased equity by 28,289,760.
- Other factors increased equity by 280,280,320.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.01 Billion | +16.3% |
| Dividends Paid | CN¥1.12 Billion | -4.55% |
| Share Repurchases | CN¥254.98 Million | -1.04% |
| Other Comprehensive Income | CN¥-28.29 Million | -0.12% |
| Other Changes | CN¥280.28 Million | +1.14% |
| Total Change | CN¥- | 13.31% |
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: 2.79x
- 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 384.94x to 2.79x 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¥31.00 | x |
| 1997-12-31 | CN¥0.09 | CN¥31.00 | x |
| 1998-12-31 | CN¥0.13 | CN¥31.00 | x |
| 1999-12-31 | CN¥0.46 | CN¥31.00 | x |
| 2000-12-31 | CN¥0.47 | CN¥31.00 | x |
| 2001-12-31 | CN¥0.46 | CN¥31.00 | x |
| 2002-12-31 | CN¥0.70 | CN¥31.00 | x |
| 2003-12-31 | CN¥0.69 | CN¥31.00 | x |
| 2004-12-31 | CN¥0.85 | CN¥31.00 | x |
| 2005-12-31 | CN¥0.92 | CN¥31.00 | x |
| 2006-12-31 | CN¥1.14 | CN¥31.00 | x |
| 2007-12-31 | CN¥1.17 | CN¥31.00 | x |
| 2008-12-31 | CN¥1.75 | CN¥31.00 | x |
| 2009-12-31 | CN¥2.13 | CN¥31.00 | x |
| 2010-12-31 | CN¥2.68 | CN¥31.00 | x |
| 2011-12-31 | CN¥3.08 | CN¥31.00 | x |
| 2012-12-31 | CN¥4.18 | CN¥31.00 | x |
| 2013-12-31 | CN¥3.97 | CN¥31.00 | x |
| 2014-12-31 | CN¥3.61 | CN¥31.00 | x |
| 2015-12-31 | CN¥2.77 | CN¥31.00 | x |
| 2016-12-31 | CN¥2.98 | CN¥31.00 | x |
| 2017-12-31 | CN¥3.05 | CN¥31.00 | x |
| 2018-12-31 | CN¥3.45 | CN¥31.00 | x |
| 2019-12-31 | CN¥2.43 | CN¥31.00 | x |
| 2020-12-31 | CN¥3.67 | CN¥31.00 | x |
| 2021-12-31 | CN¥4.20 | CN¥31.00 | x |
| 2022-12-31 | CN¥7.17 | CN¥31.00 | x |
| 2023-12-31 | CN¥8.87 | CN¥31.00 | x |
| 2024-12-31 | CN¥9.72 | CN¥31.00 | x |
| 2025-12-31 | CN¥11.10 | CN¥31.00 | 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): 16.30%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.75%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.01x
- Recent ROE (16.30%) is below the historical average (18.70%), suggesting potential challenges in 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% | 0.44x | 1.35x | CN¥484.76K |
| 2000 | 9.60% | 14.11% | 0.50x | 1.37x | CN¥-3.20 Million |
| 2001 | 12.90% | 15.49% | 0.63x | 1.32x | CN¥22.24 Million |
| 2002 | 9.62% | 15.67% | 0.52x | 1.17x | CN¥-4.49 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 | 30.73% | 28.78% | 0.51x | 2.11x | CN¥318.76 Million |
| 2006 | 20.81% | 10.16% | 0.44x | 4.61x | CN¥207.31 Million |
| 2007 | 41.85% | 9.66% | 0.74x | 5.87x | CN¥623.56 Million |
| 2008 | 39.12% | 9.72% | 0.76x | 5.26x | CN¥855.68 Million |
| 2009 | 16.73% | 5.65% | 0.54x | 5.45x | CN¥241.05 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% | 0.58x | 5.87x | CN¥-660.14 Million |
| 2014 | -5.34% | -1.53% | 0.47x | 7.45x | CN¥-1.05 Billion |
| 2015 | -31.72% | -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 | 3.77% | 1.30% | 0.34x | 8.48x | CN¥-402.60 Million |
| 2019 | 29.02% | 7.64% | 0.33x | 11.54x | CN¥878.44 Million |
| 2020 | 5.13% | 1.91% | 0.31x | 8.69x | CN¥-339.88 Million |
| 2021 | 34.55% | 9.38% | 0.64x | 5.71x | CN¥2.30 Billion |
| 2022 | 47.18% | 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 |
| 2025 | 16.30% | 9.75% | 0.83x | 2.01x | CN¥1.55 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: $5,037,755,385
- Average return on equity (ROE) among peers: -17.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Henan Shenhuo Coal & Power Co Ltd (000933) | CN¥28.51 Billion | 48.62% | 0.73x | $10.20 Billion |
| Jiaozuo Wanfang Aluminum (000612) | $147.61 Million | 5.67% | 1.24x | $2.31 Billion |
| Yunnan Aluminium Co Ltd (000807) | $29.25 Billion | 13.53% | 0.34x | $16.00 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $5.09 Billion | 5.90% | 0.50x | $981.91 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $3.05 Billion | 0.73% | 1.13x | $757.15 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $2.87 Billion | 8.48% | 1.02x | $2.42 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $1.48 Billion | -2.64% | 0.10x | $546.16 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $1.67 Billion | 1.22% | 2.15x | $45.15 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $366.75 Million | -195.80% | 1.54x | $659.74 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $1.42 Billion | 9.20% | 0.39x | $11.28 Billion |
About Henan Shenhuo Coal & Power Co Ltd
Henan Shenhuo Coal Industry and Electricity Power Co. Ltd, together with its subsidiaries, produces, process, and sells electrolytic aluminum, aluminum alloys, aluminum profiles, and related 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 aluminum ingots, liquid … Read more