Jizhong Energy Resources Co Ltd (000937) - Net Assets

Latest as of March 2026: CN¥21.88 Billion CNY ≈ $3.20 Billion USD

Based on the latest financial reports, Jizhong Energy Resources Co Ltd (000937) has net assets worth CN¥21.88 Billion CNY (≈ $3.20 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 (CN¥55.53 Billion ≈ $8.13 Billion USD) and total liabilities (CN¥33.64 Billion ≈ $4.92 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 how tangible is Jizhong Energy Resources Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥21.88 Billion
% of Total Assets 39.41%
Annual Growth Rate 16.0%
5-Year Change -11.3%
10-Year Change 8.1%
Growth Volatility 68.29

Jizhong Energy Resources Co Ltd - Net Assets Trend (1996–2025)

This chart illustrates how Jizhong Energy Resources Co Ltd's net assets have evolved over time, based on quarterly financial data. See Jizhong Energy Resources Co Ltd (000937) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Jizhong Energy Resources Co Ltd (1996–2025)

The table below shows the annual net assets of Jizhong Energy Resources Co Ltd from 1996 to 2025. For live valuation and market cap data, see how much is Jizhong Energy Resources Co Ltd worth.

Year Net Assets Change
2025-12-31 CN¥21.72 Billion
≈ $3.18 Billion		 -9.85%
2024-12-31 CN¥24.09 Billion
≈ $3.53 Billion		 -6.03%
2023-12-31 CN¥25.64 Billion
≈ $3.75 Billion		 +2.81%
2022-12-31 CN¥24.94 Billion
≈ $3.65 Billion		 +1.85%
2021-12-31 CN¥24.49 Billion
≈ $3.58 Billion		 +6.19%
2020-12-31 CN¥23.06 Billion
≈ $3.37 Billion		 +0.41%
2019-12-31 CN¥22.97 Billion
≈ $3.36 Billion		 +6.48%
2018-12-31 CN¥21.57 Billion
≈ $3.16 Billion		 +3.59%
2017-12-31 CN¥20.82 Billion
≈ $3.05 Billion		 +3.62%
2016-12-31 CN¥20.09 Billion
≈ $2.94 Billion		 +0.64%
2015-12-31 CN¥19.96 Billion
≈ $2.92 Billion		 -3.85%
2014-12-31 CN¥20.76 Billion
≈ $3.04 Billion		 +14.85%
2013-12-31 CN¥18.08 Billion
≈ $2.65 Billion		 -0.81%
2012-12-31 CN¥18.23 Billion
≈ $2.67 Billion		 +12.03%
2011-12-31 CN¥16.27 Billion
≈ $2.38 Billion		 +30.46%
2010-12-31 CN¥12.47 Billion
≈ $1.82 Billion		 +21.85%
2009-12-31 CN¥10.23 Billion
≈ $1.50 Billion		 +17.68%
2008-12-31 CN¥8.70 Billion
≈ $1.27 Billion		 +115.76%
2007-12-31 CN¥4.03 Billion
≈ $589.83 Million		 +20.16%
2006-12-31 CN¥3.35 Billion
≈ $490.86 Million		 +13.10%
2005-12-31 CN¥2.97 Billion
≈ $434.01 Million		 +48.32%
2004-12-31 CN¥2.00 Billion
≈ $292.61 Million		 +18.59%
2003-12-31 CN¥1.69 Billion
≈ $246.75 Million		 -2.75%
2002-12-31 CN¥1.73 Billion
≈ $253.74 Million		 +6.85%
2001-12-31 CN¥1.62 Billion
≈ $237.46 Million		 +8.87%
2000-12-31 CN¥1.49 Billion
≈ $218.12 Million		 +7.91%
1999-12-31 CN¥1.38 Billion
≈ $202.13 Million		 +364.94%
1998-12-31 CN¥297.10 Million
≈ $43.47 Million		 +0.32%
1997-12-31 CN¥296.15 Million
≈ $43.34 Million		 +0.95%
1996-12-31 CN¥293.37 Million
≈ $42.93 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 936324501843.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥9.36 Billion 48.98%
Other Components CN¥9.75 Billion 51.02%
Total Equity CN¥19.12 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
Vera Therapeutics Inc
NASDAQ:VERA
 $2.42 Billion
Henan Yuguang Gold & Lead Co Ltd
SHG:600531
 $2.42 Billion
Anyuan Coal Industry Group Co Ltd
SHG:600397
 $2.42 Billion
Ingevity Corp
NYSE:NGVT
 $2.42 Billion
Quectel Wireless Solutions Co Ltd
SHG:603236
 $2.42 Billion
Peptron Inc
KQ:087010
 $2.41 Billion
Alpha Metallurgical Resources Inc
NYSE:AMR
 $2.41 Billion
Shanghai Mechanical & Electrical Industry Co Ltd A
SHG:600835
 $2.41 Billion

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 2024 to 2025, total equity changed from 20,942,496,643 to 19,117,770,148, a change of -1,824,726,495 (-8.7%).
  • Net income of 612,646,513 contributed positively to equity growth.
  • Dividend payments of 2,922,919,136 reduced retained earnings.
  • Other factors increased equity by 485,546,127.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥612.65 Million +3.2%
Dividends Paid CN¥2.92 Billion -15.29%
Other Changes CN¥485.55 Million +2.54%
Total Change CN¥- -8.71%

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: 0.86x
  • 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.
  • The price-to-book ratio has decreased from 32.62x to 0.86x 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¥4.67 x
1997-12-31 CN¥0.14 CN¥4.67 x
1998-12-31 CN¥0.15 CN¥4.67 x
1999-12-31 CN¥0.67 CN¥4.67 x
2000-12-31 CN¥0.73 CN¥4.67 x
2001-12-31 CN¥0.79 CN¥4.67 x
2002-12-31 CN¥0.85 CN¥4.67 x
2003-12-31 CN¥0.82 CN¥4.67 x
2004-12-31 CN¥0.98 CN¥4.67 x
2005-12-31 CN¥1.45 CN¥4.67 x
2006-12-31 CN¥1.60 CN¥4.67 x
2007-12-31 CN¥1.87 CN¥4.67 x
2008-12-31 CN¥2.67 CN¥4.67 x
2009-12-31 CN¥3.26 CN¥4.67 x
2010-12-31 CN¥3.89 CN¥4.67 x
2011-12-31 CN¥4.75 CN¥4.67 x
2012-12-31 CN¥4.98 CN¥4.67 x
2013-12-31 CN¥5.14 CN¥4.67 x
2014-12-31 CN¥5.73 CN¥4.67 x
2015-12-31 CN¥5.20 CN¥4.67 x
2016-12-31 CN¥5.25 CN¥4.67 x
2017-12-31 CN¥5.46 CN¥4.67 x
2018-12-31 CN¥5.63 CN¥4.67 x
2019-12-31 CN¥5.60 CN¥4.67 x
2020-12-31 CN¥5.54 CN¥4.67 x
2021-12-31 CN¥5.89 CN¥4.67 x
2022-12-31 CN¥5.98 CN¥4.67 x
2023-12-31 CN¥6.37 CN¥4.67 x
2024-12-31 CN¥5.93 CN¥4.67 x
2025-12-31 CN¥5.41 CN¥4.67 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): 3.20%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.05%
  • • Asset Turnover: 0.28x
  • • Equity Multiplier: 2.81x
  • Recent ROE (3.20%) is below the historical average (15.51%), 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 9.97% 16.65% 0.43x 1.40x CN¥-516.81K
2001 15.60% 21.74% 0.49x 1.47x CN¥90.86 Million
2002 10.87% 13.47% 0.58x 1.40x CN¥15.02 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 14.79% 12.44% 0.78x 1.53x CN¥156.63 Million
2007 14.90% 10.77% 0.83x 1.66x CN¥187.72 Million
2008 32.90% 12.51% 1.15x 2.29x CN¥1.84 Billion
2009 16.39% 7.94% 0.96x 2.15x CN¥626.20 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 4.39% 4.06% 0.47x 2.30x CN¥-1.12 Billion
2019 3.96% 3.48% 0.48x 2.38x CN¥-1.19 Billion
2020 4.01% 3.81% 0.40x 2.61x 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
2025 3.20% 4.05% 0.28x 2.81x CN¥-1.30 Billion

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: $20,057,725,632
  • Average return on equity (ROE) among peers: 6.26%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jizhong Energy Resources Co Ltd (000937) CN¥21.88 Billion 48.27% 1.54x $2.42 Billion
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) $206.76 Million 14.31% 1.24x $1.97 Billion
Shanxi Xishan Coal and Electricity Power Co Ltd (000983) $18.98 Billion 0.74% 1.75x $5.74 Billion
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) $12.36 Billion 16.42% 0.43x $8.18 Billion
Guangzhou Development Group Inc (600098) $16.74 Billion 6.18% 1.01x $3.57 Billion
Zhengzhou Coal Industry & Electric Power Co Ltd (600121) $2.38 Billion -39.05% 4.52x $780.92 Million
Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) $1.07 Billion 16.23% 0.57x $1.45 Billion
Wintime Energy Co Ltd (600157) $29.13 Billion 2.30% 2.37x $5.43 Billion
Yankuang Energy Group Co Ltd (600188) $96.49 Billion 16.85% 1.99x $18.16 Billion
Shan XI Hua Yang Group New Energy Co Ltd (600348) $3.16 Billion 22.34% 0.82x $4.53 Billion

About Jizhong Energy Resources Co Ltd

SHE:000937 China Thermal Coal
Market Cap
$2.42 Billion
CN¥16.51 Billion CNY
Market Cap Rank
#5704 Global
#1140 in China
Share Price
CN¥4.67
Change (1 day)
-14.10%
52-Week Range
CN¥4.67 - CN¥6.37
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