Shanxi Blue Flame Holding Co Ltd (000968) - Net Assets
Based on the latest financial reports, Shanxi Blue Flame Holding Co Ltd (000968) has net assets worth CN¥6.18 Billion CNY (≈ $904.72 Million USD) 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 ≈ $1.63 Billion USD) and total liabilities (CN¥4.95 Billion ≈ $724.11 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. Check 000968 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Shanxi Blue Flame Holding Co Ltd (000968) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Shanxi Blue Flame Holding Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 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 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 |
|---|---|
|
Yihai International Holding Ltd
F:YIR
|
$1.30 Billion |
|
Siam City Cement Public Company Limited
BK:SCCC
|
$1.30 Billion |
|
Yantai Changyu Pioneer Wine Co Ltd
SHE:000869
|
$1.30 Billion |
|
East China Engineering Science and Technology Co Ltd
SHE:002140
|
$1.30 Billion |
|
ConnectOne Bancorp Inc
NASDAQ:CNOB
|
$1.29 Billion |
|
Jiangsu Shuangxing Color Plastic New Materials Co Ltd
SHE:002585
|
$1.29 Billion |
|
i-80 Gold Corp.
NYSE MKT:IAUX
|
$1.29 Billion |
|
Anadolu Anonim Turk Sigorta Sti
IS:ANSGR
|
$1.29 Billion |
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 18.19x 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¥9.15 | x |
| 1998-12-31 | CN¥0.51 | CN¥9.15 | x |
| 1999-12-31 | CN¥0.82 | CN¥9.15 | x |
| 2000-12-31 | CN¥2.16 | CN¥9.15 | x |
| 2001-12-31 | CN¥2.22 | CN¥9.15 | x |
| 2002-12-31 | CN¥2.30 | CN¥9.15 | x |
| 2003-12-31 | CN¥2.45 | CN¥9.15 | x |
| 2004-12-31 | CN¥2.46 | CN¥9.15 | x |
| 2005-12-31 | CN¥2.84 | CN¥9.15 | x |
| 2006-12-31 | CN¥3.08 | CN¥9.15 | x |
| 2007-12-31 | CN¥3.48 | CN¥9.15 | x |
| 2008-12-31 | CN¥4.99 | CN¥9.15 | x |
| 2009-12-31 | CN¥5.44 | CN¥9.15 | x |
| 2010-12-31 | CN¥5.71 | CN¥9.15 | x |
| 2011-12-31 | CN¥6.15 | CN¥9.15 | x |
| 2012-12-31 | CN¥5.28 | CN¥9.15 | x |
| 2013-12-31 | CN¥5.38 | CN¥9.15 | x |
| 2014-12-31 | CN¥3.57 | CN¥9.15 | x |
| 2015-12-31 | CN¥0.46 | CN¥9.15 | x |
| 2016-12-31 | CN¥2.93 | CN¥9.15 | x |
| 2017-12-31 | CN¥3.36 | CN¥9.15 | x |
| 2018-12-31 | CN¥3.96 | CN¥9.15 | x |
| 2019-12-31 | CN¥4.50 | CN¥9.15 | x |
| 2020-12-31 | CN¥4.56 | CN¥9.15 | x |
| 2021-12-31 | CN¥4.82 | CN¥9.15 | x |
| 2022-12-31 | CN¥5.36 | CN¥9.15 | x |
| 2023-12-31 | CN¥5.88 | CN¥9.15 | x |
| 2024-12-31 | CN¥6.15 | CN¥9.15 | 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: $1,922,977,042
- Average return on equity (ROE) among peers: 1.71%
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 | $1.30 Billion |
| Oriental Energy Co Ltd (002221) | $867.49 Million | 9.10% | 3.44x | $1.86 Billion |
| Geo-Jade Petroleum Corp (600759) | $4.59 Billion | -20.55% | 1.90x | $2.84 Billion |
| Shandong Xinchao Energy Co Ltd (600777) | $311.11 Million | 16.59% | 0.18x | $5.98 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 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