Jizhong Energy Resources Co Ltd

SHE:000937 China Thermal Coal
Market Cap
$2.87 Billion
CN¥21.06 Billion CNY
Market Cap Rank
#8391 Global
#1594 in China
Share Price
CN¥5.96
Change (1 day)
-0.83%
52-Week Range
CN¥5.29 - CN¥7.00
All Time High
CN¥7.64
Categories
Companies in China Thermal Coal
About

Jizhong Energy Resources Co., Ltd. engages in the coal business in China and internationally. It operates through Coal Business, Electric Power Sales, Construction Business, Chemical Business, and Other Operations segments. The company offers coal products; electricity; cement, glass fibers, and related products; and coke, PVC, and related products. It also engages in raw coal mining; coal coking… Read more

Jizhong Energy Resources Co Ltd (000937) - Net Assets

Latest net assets as of September 2025: CN¥21.69 Billion CNY

Based on the latest financial reports, Jizhong Energy Resources Co Ltd (000937) has net assets worth CN¥21.69 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¥53.67 Billion) and total liabilities (CN¥31.98 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¥21.69 Billion
% of Total Assets 40.41%
Annual Growth Rate 17.05%
5-Year Change 4.49%
10-Year Change 20.69%
Growth Volatility 67.85

Jizhong Energy Resources Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Jizhong Energy Resources 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 Jizhong Energy Resources Co Ltd (1996–2024)

The table below shows the annual net assets of Jizhong Energy Resources Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥24.09 Billion -6.03%
2023-12-31 CN¥25.64 Billion +2.84%
2022-12-31 CN¥24.93 Billion +1.82%
2021-12-31 CN¥24.49 Billion +6.19%
2020-12-31 CN¥23.06 Billion +0.58%
2019-12-31 CN¥22.93 Billion +6.25%
2018-12-31 CN¥21.58 Billion +3.64%
2017-12-31 CN¥20.82 Billion +3.62%
2016-12-31 CN¥20.09 Billion +0.64%
2015-12-31 CN¥19.96 Billion -3.85%
2014-12-31 CN¥20.76 Billion +14.85%
2013-12-31 CN¥18.08 Billion -0.81%
2012-12-31 CN¥18.23 Billion +12.03%
2011-12-31 CN¥16.27 Billion +30.46%
2010-12-31 CN¥12.47 Billion +21.86%
2009-12-31 CN¥10.23 Billion +63.48%
2008-12-31 CN¥6.26 Billion +64.90%
2007-12-31 CN¥3.80 Billion +13.57%
2006-12-31 CN¥3.34 Billion +12.69%
2005-12-31 CN¥2.97 Billion +48.32%
2004-12-31 CN¥2.00 Billion +18.59%
2003-12-31 CN¥1.69 Billion +0.96%
2002-12-31 CN¥1.67 Billion +2.93%
2001-12-31 CN¥1.62 Billion +6.21%
2000-12-31 CN¥1.53 Billion +10.61%
1999-12-31 CN¥1.38 Billion +364.94%
1998-12-31 CN¥297.10 Million +0.32%
1997-12-31 CN¥296.15 Million +0.95%
1996-12-31 CN¥293.37 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jizhong Energy Resources 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 1101972117000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥11.02 Billion 52.62%
Common Stock CN¥3.53 Billion 16.87%
Other Components CN¥6.39 Billion 30.51%
Total Equity CN¥20.94 Billion 100.00%

Jizhong Energy Resources Co Ltd Competitors by Market Cap

The table below lists competitors of Jizhong Energy Resources Co Ltd ranked by their market capitalization.

Company Market Cap
Smartgroup Corporation Ltd
PINK:STGXF
 		$765.01 Million
CHN Energy Changyuan Electric Power Co Ltd
SHE:000966
 		$765.03 Million
Information Services International-Dentsu Ltd
OTCGREY:IFMNF
 		$765.34 Million
Huafa Industrial Co Ltd Zhuhai
SHG:600325
 		$766.19 Million
Helia Group Ltd
AU:HLI
 		$764.66 Million
Fortune Real Estate Investment Trust
PINK:FRIVF
 		$763.72 Million
Global Digital Niaga
JK:BELI
 		$763.54 Million
Myers Industries Inc
NYSE:MYE
 		$763.28 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 22,511,951,763 to 20,942,496,643, a change of -1,569,455,120 (-7.0%).
  • Net income of 1,208,301,750 contributed positively to equity growth.
  • Dividend payments of 3,015,609,611 reduced retained earnings.
  • Other factors increased equity by 237,852,741.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.21 Billion +5.77%
Dividends Paid CN¥3.02 Billion -14.4%
Other Changes CN¥237.85 Million +1.14%
Total Change CN¥- -6.97%

Book Value vs Market Value Analysis

This analysis compares Jizhong Energy Resources 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: 1.01x
  • 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 41.60x to 1.01x 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¥0.14 CN¥5.96 x
1997-12-31 CN¥0.14 CN¥5.96 x
1998-12-31 CN¥0.15 CN¥5.96 x
1999-12-31 CN¥0.67 CN¥5.96 x
2000-12-31 CN¥0.75 CN¥5.96 x
2001-12-31 CN¥0.79 CN¥5.96 x
2002-12-31 CN¥0.82 CN¥5.96 x
2003-12-31 CN¥0.82 CN¥5.96 x
2004-12-31 CN¥0.98 CN¥5.96 x
2005-12-31 CN¥1.45 CN¥5.96 x
2006-12-31 CN¥1.59 CN¥5.96 x
2007-12-31 CN¥1.77 CN¥5.96 x
2008-12-31 CN¥1.87 CN¥5.96 x
2009-12-31 CN¥3.17 CN¥5.96 x
2010-12-31 CN¥3.89 CN¥5.96 x
2011-12-31 CN¥4.75 CN¥5.96 x
2012-12-31 CN¥4.98 CN¥5.96 x
2013-12-31 CN¥5.14 CN¥5.96 x
2014-12-31 CN¥5.73 CN¥5.96 x
2015-12-31 CN¥5.20 CN¥5.96 x
2016-12-31 CN¥5.25 CN¥5.96 x
2017-12-31 CN¥5.46 CN¥5.96 x
2018-12-31 CN¥5.63 CN¥5.96 x
2019-12-31 CN¥5.79 CN¥5.96 x
2020-12-31 CN¥5.54 CN¥5.96 x
2021-12-31 CN¥5.89 CN¥5.96 x
2022-12-31 CN¥5.98 CN¥5.96 x
2023-12-31 CN¥6.37 CN¥5.96 x
2024-12-31 CN¥5.93 CN¥5.96 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jizhong Energy Resources 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): 5.77%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.45%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 2.54x
  • Recent ROE (5.77%) is below the historical average (16.49%), 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 48.27% 16.58% 1.40x 2.08x CN¥112.26 Million
1997 49.48% 16.62% 1.38x 2.16x CN¥116.91 Million
1998 44.03% 15.03% 1.37x 2.14x CN¥101.09 Million
1999 11.95% 20.54% 0.44x 1.32x CN¥26.98 Million
2000 9.72% 16.65% 0.42x 1.40x CN¥-4.24 Million
2001 15.60% 21.74% 0.49x 1.47x CN¥90.86 Million
2002 11.28% 13.47% 0.58x 1.45x CN¥21.39 Million
2003 8.11% 10.64% 0.51x 1.51x CN¥-31.84 Million
2004 19.07% 15.82% 0.66x 1.82x CN¥181.29 Million
2005 17.97% 16.60% 0.80x 1.35x CN¥236.25 Million
2006 14.85% 12.44% 0.78x 1.53x CN¥157.82 Million
2007 15.73% 10.77% 0.85x 1.72x CN¥207.96 Million
2008 47.01% 12.51% 1.90x 1.98x CN¥2.08 Billion
2009 17.58% 8.27% 0.96x 2.22x CN¥721.48 Million
2010 20.46% 7.91% 1.20x 2.15x CN¥1.23 Billion
2011 21.36% 8.12% 0.99x 2.67x CN¥1.62 Billion
2012 15.03% 7.48% 0.75x 2.68x CN¥753.67 Million
2013 7.66% 4.58% 0.63x 2.66x CN¥-361.54 Million
2014 0.13% 0.13% 0.44x 2.27x CN¥-1.81 Billion
2015 1.92% 2.81% 0.31x 2.22x CN¥-1.48 Billion
2016 1.31% 1.79% 0.31x 2.34x CN¥-1.61 Billion
2017 5.52% 5.22% 0.45x 2.37x CN¥-865.05 Million
2018 4.38% 4.06% 0.47x 2.30x CN¥-1.12 Billion
2019 3.83% 3.48% 0.50x 2.22x CN¥-1.26 Billion
2020 4.01% 3.81% 0.41x 2.56x CN¥-1.17 Billion
2021 13.16% 8.72% 0.63x 2.40x CN¥657.59 Million
2022 21.12% 12.61% 0.69x 2.44x CN¥2.35 Billion
2023 21.96% 20.32% 0.46x 2.32x CN¥2.69 Billion
2024 5.77% 6.45% 0.35x 2.54x CN¥-885.95 Million

Industry Comparison

This section compares Jizhong Energy Resources Co Ltd's net assets metrics with peer companies in the Thermal Coal industry.

Industry Context

  • Industry: Thermal Coal
  • Average net assets among peers: $7,495,714,397
  • Average return on equity (ROE) among peers: 1.35%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jizhong Energy Resources Co Ltd (000937) CN¥21.69 Billion 48.27% 1.47x $764.87 Million
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) $62.48 Million -76.57% 3.98x $948.96 Million
Shanxi Xishan Coal and Electricity Power Co Ltd (000983) $16.53 Billion 17.03% 1.34x $2.14 Billion
Shaanxi Energy Investment Co Ltd. A (001286) $29.59 Billion 8.64% 1.13x $1.47 Billion
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) $3.29 Billion 29.70% 0.40x $3.96 Billion
Guangzhou Development Group Inc (600098) $2.14 Billion 14.09% 2.30x $902.01 Million
Zhengzhou Coal Industry & Electric Power Co Ltd (600121) $5.27 Billion 1.18% 1.16x $432.36 Million
Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) $567.80 Million 9.28% 0.73x $789.37 Million
Wintime Energy Co Ltd (600157) $339.87 Million -1.62% 1.55x $4.69 Billion
Yankuang Energy Group Co Ltd (600188) $9.66 Billion 10.38% 0.34x $13.64 Billion