Shanxi Blue Flame Holding Co Ltd

SHE:000968 China Oil & Gas E&P
Market Cap
$1.21 Billion
CN¥8.87 Billion CNY
Market Cap Rank
#10067 Global
#2165 in China
Share Price
CN¥9.17
Change (1 day)
-1.40%
52-Week Range
CN¥5.92 - CN¥11.12
All Time High
CN¥16.81
Categories
Companies in China Oil & Gas E&P
About

Shanxi Blue Flame Holding Company Limited engages in the exploration, development, and utilization of coal mine gas. It is also engaged in coalbed methane surface mining, mineral resource exploration, and coal mine gas control businesses as well as offers coalbed methane products, as well as provides road freight transportation services. The company was formerly known as Taiyuan Coal Gasification… Read more

Shanxi Blue Flame Holding Co Ltd (000968) - Net Assets

Latest net assets as of September 2025: CN¥6.18 Billion CNY

Based on the latest financial reports, Shanxi Blue Flame Holding Co Ltd (000968) has net assets worth CN¥6.18 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¥11.13 Billion) and total liabilities (CN¥4.95 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¥6.18 Billion
% of Total Assets 55.54%
Annual Growth Rate 12.32%
5-Year Change 33.71%
10-Year Change 708.84%
Growth Volatility 44.68

Shanxi Blue Flame Holding Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Shanxi Blue Flame Holding 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 Shanxi Blue Flame Holding Co Ltd (1997–2024)

The table below shows the annual net assets of Shanxi Blue Flame Holding Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.95 Billion +4.72%
2023-12-31 CN¥5.68 Billion +9.09%
2022-12-31 CN¥5.21 Billion +10.97%
2021-12-31 CN¥4.70 Billion +5.48%
2020-12-31 CN¥4.45 Billion +0.71%
2019-12-31 CN¥4.42 Billion +12.50%
2018-12-31 CN¥3.93 Billion +20.51%
2017-12-31 CN¥3.26 Billion +119.43%
2016-12-31 CN¥1.49 Billion +101.91%
2015-12-31 CN¥735.96 Million -74.37%
2014-12-31 CN¥2.87 Billion -19.03%
2013-12-31 CN¥3.55 Billion +1.74%
2012-12-31 CN¥3.49 Billion -13.40%
2011-12-31 CN¥4.03 Billion +7.71%
2010-12-31 CN¥3.74 Billion +5.52%
2009-12-31 CN¥3.54 Billion +20.24%
2008-12-31 CN¥2.95 Billion +42.43%
2007-12-31 CN¥2.07 Billion +11.95%
2006-12-31 CN¥1.85 Billion +20.99%
2005-12-31 CN¥1.53 Billion +20.36%
2004-12-31 CN¥1.27 Billion +0.56%
2003-12-31 CN¥1.26 Billion +6.59%
2002-12-31 CN¥1.18 Billion +3.92%
2001-12-31 CN¥1.14 Billion +2.66%
2000-12-31 CN¥1.11 Billion +162.50%
1999-12-31 CN¥422.56 Million +60.72%
1998-12-31 CN¥262.92 Million +1.76%
1997-12-31 CN¥258.36 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanxi Blue Flame Holding 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 332519246269.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.31 Billion 55.81%
Common Stock CN¥967.50 Million 16.29%
Other Comprehensive Income CN¥-997.58 Million -16.80%
Other Components CN¥2.65 Billion 44.70%
Total Equity CN¥5.94 Billion 100.00%

Shanxi Blue Flame Holding Co Ltd Competitors by Market Cap

The table below lists competitors of Shanxi Blue Flame Holding Co Ltd ranked by their market capitalization.

Company Market Cap
Marston's PLC
PINK:MRTPY
 		$522.69 Million
Bloomberry Resorts Corporation
PINK:BLBRF
 		$522.71 Million
Smith & Wesson Brands Inc
NASDAQ:SWBI
 		$522.80 Million
Xuchang Yuandong Drive Shaft Co Ltd
SHE:002406
 		$522.94 Million
LS Materials
KQ:417200
 		$522.32 Million
Nexa Resources SA
NYSE:NEXA
 		$522.11 Million
Systex Corp
TW:6214
 		$521.95 Million
CH. Karnchang Public Company Limited
BK:CK-R
 		$521.92 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanxi Blue Flame Holding Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,668,718,323 to 5,939,047,204, a change of 270,328,881 (4.8%).
  • Net income of 434,429,403 contributed positively to equity growth.
  • Dividend payments of 291,526,057 reduced retained earnings.
  • Other comprehensive income decreased equity by 997,583,605.
  • Other factors increased equity by 1,125,009,140.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥434.43 Million +7.31%
Dividends Paid CN¥291.53 Million -4.91%
Other Comprehensive Income CN¥-997.58 Million -16.8%
Other Changes CN¥1.13 Billion +18.94%
Total Change CN¥- 4.77%

Book Value vs Market Value Analysis

This analysis compares Shanxi Blue Flame Holding 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: 1.49x
  • 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 18.23x to 1.49x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.50 CN¥9.17 x
1998-12-31 CN¥0.51 CN¥9.17 x
1999-12-31 CN¥0.82 CN¥9.17 x
2000-12-31 CN¥2.16 CN¥9.17 x
2001-12-31 CN¥2.22 CN¥9.17 x
2002-12-31 CN¥2.30 CN¥9.17 x
2003-12-31 CN¥2.45 CN¥9.17 x
2004-12-31 CN¥2.46 CN¥9.17 x
2005-12-31 CN¥2.84 CN¥9.17 x
2006-12-31 CN¥3.08 CN¥9.17 x
2007-12-31 CN¥3.48 CN¥9.17 x
2008-12-31 CN¥4.99 CN¥9.17 x
2009-12-31 CN¥5.44 CN¥9.17 x
2010-12-31 CN¥5.71 CN¥9.17 x
2011-12-31 CN¥6.15 CN¥9.17 x
2012-12-31 CN¥5.28 CN¥9.17 x
2013-12-31 CN¥5.38 CN¥9.17 x
2014-12-31 CN¥3.57 CN¥9.17 x
2015-12-31 CN¥0.46 CN¥9.17 x
2016-12-31 CN¥2.93 CN¥9.17 x
2017-12-31 CN¥3.36 CN¥9.17 x
2018-12-31 CN¥3.96 CN¥9.17 x
2019-12-31 CN¥4.50 CN¥9.17 x
2020-12-31 CN¥4.56 CN¥9.17 x
2021-12-31 CN¥4.82 CN¥9.17 x
2022-12-31 CN¥5.36 CN¥9.17 x
2023-12-31 CN¥5.88 CN¥9.17 x
2024-12-31 CN¥6.15 CN¥9.17 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanxi Blue Flame Holding 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): 7.31%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 19.17%
  • • Asset Turnover: 0.20x
  • • Equity Multiplier: 1.92x
  • Recent ROE (7.31%) is above the historical average (-18.17%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 16.34% 7.34% 0.90x 2.46x CN¥16.37 Million
1998 18.54% 8.74% 0.82x 2.57x CN¥22.46 Million
1999 13.82% 10.98% 0.51x 2.45x CN¥16.12 Million
2000 4.84% 9.03% 0.35x 1.54x CN¥-57.24 Million
2001 4.74% 8.14% 0.36x 1.62x CN¥-59.95 Million
2002 4.16% 6.11% 0.38x 1.77x CN¥-69.13 Million
2003 5.62% 6.21% 0.51x 1.77x CN¥-55.06 Million
2004 12.94% 9.60% 0.64x 2.10x CN¥37.22 Million
2005 12.77% 7.56% 0.82x 2.06x CN¥40.45 Million
2006 8.38% 4.99% 0.74x 2.26x CN¥-25.62 Million
2007 14.98% 7.81% 0.90x 2.14x CN¥88.84 Million
2008 26.69% 14.45% 0.98x 1.88x CN¥427.85 Million
2009 13.58% 11.68% 0.62x 1.87x CN¥100.03 Million
2010 8.01% 6.67% 0.53x 2.28x CN¥-58.21 Million
2011 6.54% 5.47% 0.50x 2.41x CN¥-109.38 Million
2012 -12.99% -10.63% 0.35x 3.49x CN¥-623.06 Million
2013 1.65% 2.18% 0.18x 4.24x CN¥-230.77 Million
2014 -54.30% -57.72% 0.11x 8.42x CN¥-1.18 Billion
2015 -725.40% -94.63% 0.13x 57.92x CN¥-1.59 Billion
2016 28.02% 30.73% 0.20x 4.54x CN¥247.25 Million
2017 15.48% 25.71% 0.26x 2.33x CN¥173.32 Million
2018 17.67% 29.08% 0.29x 2.08x CN¥294.56 Million
2019 12.81% 29.54% 0.21x 2.02x CN¥122.26 Million
2020 2.23% 6.83% 0.14x 2.37x CN¥-342.46 Million
2021 6.54% 15.43% 0.17x 2.47x CN¥-161.56 Million
2022 10.86% 22.51% 0.22x 2.20x CN¥44.72 Million
2023 9.53% 22.68% 0.20x 2.09x CN¥-26.66 Million
2024 7.31% 19.17% 0.20x 1.92x CN¥-159.48 Million

Industry Comparison

This section compares Shanxi Blue Flame Holding Co Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.

Industry Context

  • Industry: Oil & Gas E&P
  • Average net assets among peers: $99,164,116,558
  • Average return on equity (ROE) among peers: 7.40%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanxi Blue Flame Holding Co Ltd (000968) CN¥6.18 Billion 16.34% 0.80x $522.36 Million
Oriental Energy Co Ltd (002221) $8.42 Billion 12.81% 2.18x $1.14 Billion
Geo-Jade Petroleum Corp (600759) $2.39 Billion 15.76% 1.43x $2.85 Billion
Shandong Xinchao Energy Co Ltd (600777) $3.47 Billion 0.88% 0.49x $1.35 Billion
CNOOC Limited (600938) $382.37 Billion 0.17% 0.67x $97.85 Billion