Shanxi Blue Flame Holding Co Ltd Net Assets
Shanxi Blue Flame Holding Co Ltd net assets. Based on the latest financial reports, Shanxi Blue Flame Holding Co Ltd (000968) has net assets worth CN¥6.40 Billion CNY (≈ $936.00 Million 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¥11.22 Billion ≈ $1.64 Billion USD) and total liabilities (CN¥4.82 Billion ≈ $705.95 Million 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. Also explore net asset momentum of Shanxi Blue Flame Holding Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.40 Billion |
| % of Total Assets | 57.01% |
| Annual Growth Rate | 12.05% |
| 5-Year Change | 33.13% |
| 10-Year Change | 320.69% |
| Growth Volatility | 43.96 |
Net Assets of Shanxi Blue Flame Holding Co Ltd (1997–2025)
Net assets of Shanxi Blue Flame Holding Co Ltd from 1997 to 2025. This chart illustrates how Shanxi Blue Flame Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shanxi Blue Flame Holding Co Ltd (000968) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Shanxi Blue Flame Holding Co Ltd (1997–2025)
The table below shows the annual net assets of Shanxi Blue Flame Holding Co Ltd from 1997 to 2025. For live market cap and overall valuation, see Shanxi Blue Flame Holding Co Ltd (000968) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.25 Billion ≈ $914.81 Million |
+5.02% |
| 2024-12-31 | CN¥5.95 Billion ≈ $871.08 Million |
+4.72% |
| 2023-12-31 | CN¥5.68 Billion ≈ $831.82 Million |
+9.09% |
| 2022-12-31 | CN¥5.21 Billion ≈ $762.53 Million |
+10.97% |
| 2021-12-31 | CN¥4.70 Billion ≈ $687.17 Million |
+5.48% |
| 2020-12-31 | CN¥4.45 Billion ≈ $651.48 Million |
+0.71% |
| 2019-12-31 | CN¥4.42 Billion ≈ $646.86 Million |
+12.50% |
| 2018-12-31 | CN¥3.93 Billion ≈ $575.00 Million |
+20.51% |
| 2017-12-31 | CN¥3.26 Billion ≈ $477.16 Million |
+119.43% |
| 2016-12-31 | CN¥1.49 Billion ≈ $217.45 Million |
+101.91% |
| 2015-12-31 | CN¥735.96 Million ≈ $107.69 Million |
-74.37% |
| 2014-12-31 | CN¥2.87 Billion ≈ $420.19 Million |
-19.03% |
| 2013-12-31 | CN¥3.55 Billion ≈ $518.95 Million |
+1.74% |
| 2012-12-31 | CN¥3.49 Billion ≈ $510.08 Million |
-13.40% |
| 2011-12-31 | CN¥4.03 Billion ≈ $589.03 Million |
+7.71% |
| 2010-12-31 | CN¥3.74 Billion ≈ $546.86 Million |
+5.52% |
| 2009-12-31 | CN¥3.54 Billion ≈ $518.26 Million |
+20.24% |
| 2008-12-31 | CN¥2.95 Billion ≈ $431.01 Million |
+42.43% |
| 2007-12-31 | CN¥2.07 Billion ≈ $302.62 Million |
+11.95% |
| 2006-12-31 | CN¥1.85 Billion ≈ $270.32 Million |
+20.99% |
| 2005-12-31 | CN¥1.53 Billion ≈ $223.42 Million |
+20.36% |
| 2004-12-31 | CN¥1.27 Billion ≈ $185.62 Million |
+0.56% |
| 2003-12-31 | CN¥1.26 Billion ≈ $184.58 Million |
+6.59% |
| 2002-12-31 | CN¥1.18 Billion ≈ $173.17 Million |
+3.92% |
| 2001-12-31 | CN¥1.14 Billion ≈ $166.64 Million |
+2.66% |
| 2000-12-31 | CN¥1.11 Billion ≈ $162.31 Million |
+162.50% |
| 1999-12-31 | CN¥422.56 Million ≈ $61.83 Million |
+60.72% |
| 1998-12-31 | CN¥262.92 Million ≈ $38.47 Million |
+1.76% |
| 1997-12-31 | CN¥258.36 Million ≈ $37.81 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 359367447676.0% over the analyzed period, indicating profitable operations and earnings retention.
Shanxi Blue Flame Holding Co Ltd Net Assets Breakdown (December 2025)
Shanxi Blue Flame Holding Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.58 Billion | 57.37% |
| Other Components | CN¥2.66 Billion | 42.63% |
| Total Equity | CN¥6.25 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 |
|---|---|
|
Power Solutions International, Inc. Common Stock
NASDAQ:PSIX
|
$971.29 Million |
|
Kumho HT Inc
KO:214330
|
$972.05 Million |
|
Retail Estates - Sicafi
BR:RET
|
$972.21 Million |
|
Formosa Taffeta Co Ltd
TW:1434
|
$972.68 Million |
|
Joeone Co Ltd
SHG:601566
|
$971.21 Million |
|
Juewei Food Co Ltd
SHG:603517
|
$970.13 Million |
|
Mission Produce Inc
NASDAQ:AVO
|
$969.75 Million |
|
Arjo AB (publ)
ST:ARJO-B
|
$969.31 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 2024 to 2025, total equity changed from 5,939,047,204 to 6,245,372,657, a change of 306,325,453 (5.2%).
- Net income of 334,928,221 contributed positively to equity growth.
- Dividend payments of 138,293,996 reduced retained earnings.
- Other comprehensive income increased equity by 997,583,605.
- Other factors decreased equity by 887,892,378.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥334.93 Million | +5.36% |
| Dividends Paid | CN¥138.29 Million | -2.21% |
| Other Comprehensive Income | CN¥997.58 Million | +15.97% |
| Other Changes | CN¥-887.89 Million | -14.22% |
| Total Change | CN¥- | 5.16% |
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: 1.06x
- 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 13.64x to 1.06x 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¥6.86 | x |
| 1998-12-31 | CN¥0.51 | CN¥6.86 | x |
| 1999-12-31 | CN¥0.82 | CN¥6.86 | x |
| 2000-12-31 | CN¥2.16 | CN¥6.86 | x |
| 2001-12-31 | CN¥2.22 | CN¥6.86 | x |
| 2002-12-31 | CN¥2.30 | CN¥6.86 | x |
| 2003-12-31 | CN¥2.45 | CN¥6.86 | x |
| 2004-12-31 | CN¥2.46 | CN¥6.86 | x |
| 2005-12-31 | CN¥2.84 | CN¥6.86 | x |
| 2006-12-31 | CN¥3.08 | CN¥6.86 | x |
| 2007-12-31 | CN¥3.48 | CN¥6.86 | x |
| 2008-12-31 | CN¥4.99 | CN¥6.86 | x |
| 2009-12-31 | CN¥5.44 | CN¥6.86 | x |
| 2010-12-31 | CN¥5.71 | CN¥6.86 | x |
| 2011-12-31 | CN¥6.15 | CN¥6.86 | x |
| 2012-12-31 | CN¥5.28 | CN¥6.86 | x |
| 2013-12-31 | CN¥5.38 | CN¥6.86 | x |
| 2014-12-31 | CN¥3.57 | CN¥6.86 | x |
| 2015-12-31 | CN¥0.46 | CN¥6.86 | x |
| 2016-12-31 | CN¥2.93 | CN¥6.86 | x |
| 2017-12-31 | CN¥3.36 | CN¥6.86 | x |
| 2018-12-31 | CN¥3.96 | CN¥6.86 | x |
| 2019-12-31 | CN¥4.53 | CN¥6.86 | x |
| 2020-12-31 | CN¥4.59 | CN¥6.86 | x |
| 2021-12-31 | CN¥4.89 | CN¥6.86 | x |
| 2022-12-31 | CN¥5.34 | CN¥6.86 | x |
| 2023-12-31 | CN¥5.88 | CN¥6.86 | x |
| 2024-12-31 | CN¥6.15 | CN¥6.86 | x |
| 2025-12-31 | CN¥6.46 | CN¥6.86 | 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): 5.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.87%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.77x
- Recent ROE (5.36%) is below the historical average (11.90%), suggesting potential challenges in 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 | 122.40% | 17.24% | 0.12x | 57.92x | CN¥242.65 Million |
| 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 | 2.83% | 8.67% | 0.14x | 2.37x | CN¥-315.95 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 |
| 2025 | 5.36% | 15.87% | 0.19x | 1.77x | CN¥-289.61 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: $8,244,916,492
- Average return on equity (ROE) among peers: 5.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanxi Blue Flame Holding Co Ltd (000968) | CN¥6.40 Billion | 16.34% | 0.75x | $971.21 Million |
| Oriental Energy Co Ltd (002221) | $3.24 Billion | 12.69% | 3.60x | $1.21 Billion |
| Sino Geophysical (300191) | $1.21 Billion | 2.17% | 0.47x | $1.10 Billion |
| Geo-Jade Petroleum Corp (600759) | $5.41 Billion | 1.20% | 1.62x | $1.32 Billion |
| Shandong Xinchao Energy Co Ltd (600777) | $23.12 Billion | 5.22% | 0.52x | $4.04 Billion |
About Shanxi Blue Flame Holding Co Ltd
Shanxi Blue Flame Holding Company Limited engages in the exploration, development, and utilization of coal mine gas. It is also involved in coalbed methane sales, gas control, and coalbed methane engineering design consulting and construction services, as well as road freight transportation services. The company was formerly known as Taiyuan Coal Gasification Company, Limited and changed its name… Read more