Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia

SHE:002128 China Thermal Coal
Market Cap
$10.05 Billion
CN¥73.75 Billion CNY
Market Cap Rank
#3290 Global
#258 in China
Share Price
CN¥32.90
Change (1 day)
-2.11%
52-Week Range
CN¥17.35 - CN¥34.48
All Time High
CN¥34.48
About

Inner Mongolia Dian Tou Energy Corporation Limited, together with its subsidiaries, engages in the research, production, and sale of coal products in China. It operates through four segments: Thermal Power, Coal, New Energy, and Aluminium segments. The Thermal Power segment of the company is involved in thermal power generation; sales of thermal power products; utilization and management of waste… Read more

Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) - Net Assets

Latest net assets as of September 2025: CN¥42.23 Billion CNY

Based on the latest financial reports, Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) has net assets worth CN¥42.23 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¥56.43 Billion) and total liabilities (CN¥14.21 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¥42.23 Billion
% of Total Assets 74.82%
Annual Growth Rate 23.14%
5-Year Change 87.47%
10-Year Change 334.47%
Growth Volatility 19.55

Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia - Net Assets Trend (2004–2024)

This chart illustrates how Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (2004–2024)

The table below shows the annual net assets of Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia from 2004 to 2024.

Year Net Assets Change
2024-12-31 CN¥38.57 Billion +12.44%
2023-12-31 CN¥34.30 Billion +25.59%
2022-12-31 CN¥27.32 Billion +16.29%
2021-12-31 CN¥23.49 Billion +14.17%
2020-12-31 CN¥20.57 Billion +9.77%
2019-12-31 CN¥18.74 Billion +51.63%
2018-12-31 CN¥12.36 Billion +13.83%
2017-12-31 CN¥10.86 Billion +13.64%
2016-12-31 CN¥9.56 Billion +7.64%
2015-12-31 CN¥8.88 Billion +5.29%
2014-12-31 CN¥8.43 Billion +33.08%
2013-12-31 CN¥6.34 Billion +11.46%
2012-12-31 CN¥5.68 Billion +16.64%
2011-12-31 CN¥4.87 Billion +24.41%
2010-12-31 CN¥3.92 Billion +18.99%
2009-12-31 CN¥3.29 Billion +37.78%
2008-12-31 CN¥2.39 Billion +14.86%
2007-12-31 CN¥2.08 Billion +93.00%
2006-12-31 CN¥1.08 Billion +35.53%
2005-12-31 CN¥795.32 Million +32.60%
2004-12-31 CN¥599.78 Million --

Equity Component Analysis

This analysis shows how different components contribute to Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia'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 18815.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥24.45 Billion 70.67%
Common Stock CN¥2.24 Billion 6.48%
Other Comprehensive Income CN¥1.77 Billion 5.12%
Other Components CN¥6.14 Billion 17.73%
Total Equity CN¥34.60 Billion 100.00%

Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia Competitors by Market Cap

The table below lists competitors of Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 30,887,497,802 to 34,603,340,000, a change of 3,715,842,198 (12.0%).
  • Net income of 5,341,613,314 contributed positively to equity growth.
  • Dividend payments of 1,848,508,039 reduced retained earnings.
  • Other comprehensive income increased equity by 1,772,753,000.
  • Other factors decreased equity by 1,550,016,077.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥5.34 Billion +15.44%
Dividends Paid CN¥1.85 Billion -5.34%
Other Comprehensive Income CN¥1.77 Billion +5.12%
Other Changes CN¥-1.55 Billion -4.48%
Total Change CN¥- 12.03%

Book Value vs Market Value Analysis

This analysis compares Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia'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: 2.13x
  • 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 106.52x to 2.13x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 CN¥0.31 CN¥32.90 x
2005-12-31 CN¥0.98 CN¥32.90 x
2006-12-31 CN¥0.91 CN¥32.90 x
2007-12-31 CN¥1.62 CN¥32.90 x
2008-12-31 CN¥1.79 CN¥32.90 x
2009-12-31 CN¥2.43 CN¥32.90 x
2010-12-31 CN¥2.85 CN¥32.90 x
2011-12-31 CN¥3.58 CN¥32.90 x
2012-12-31 CN¥4.26 CN¥32.90 x
2013-12-31 CN¥3.82 CN¥32.90 x
2014-12-31 CN¥5.15 CN¥32.90 x
2015-12-31 CN¥5.46 CN¥32.90 x
2016-12-31 CN¥5.77 CN¥32.90 x
2017-12-31 CN¥6.59 CN¥32.90 x
2018-12-31 CN¥6.42 CN¥32.90 x
2019-12-31 CN¥8.40 CN¥32.90 x
2020-12-31 CN¥9.15 CN¥32.90 x
2021-12-31 CN¥10.61 CN¥32.90 x
2022-12-31 CN¥12.23 CN¥32.90 x
2023-12-31 CN¥14.29 CN¥32.90 x
2024-12-31 CN¥15.42 CN¥32.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia 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): 15.44%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.89%
  • • Asset Turnover: 0.58x
  • • Equity Multiplier: 1.49x
  • Recent ROE (15.44%) is below the historical average (22.24%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 25.61% 17.18% 0.53x 2.82x CN¥92.65 Million
2005 57.47% 28.44% 0.69x 2.92x CN¥373.20 Million
2006 36.88% 20.39% 0.64x 2.80x CN¥288.06 Million
2007 22.45% 18.20% 0.72x 1.71x CN¥257.32 Million
2008 30.54% 18.90% 0.95x 1.69x CN¥484.30 Million
2009 30.42% 20.41% 1.04x 1.43x CN¥656.32 Million
2010 38.55% 25.66% 0.76x 1.98x CN¥1.08 Billion
2011 33.78% 25.44% 0.78x 1.70x CN¥1.13 Billion
2012 27.92% 22.89% 0.76x 1.60x CN¥1.01 Billion
2013 17.01% 15.28% 0.71x 1.57x CN¥440.54 Million
2014 7.18% 9.62% 0.45x 1.66x CN¥-236.31 Million
2015 6.05% 9.56% 0.40x 1.59x CN¥-348.99 Million
2016 8.67% 14.98% 0.39x 1.47x CN¥-126.41 Million
2017 16.25% 23.12% 0.52x 1.36x CN¥674.76 Million
2018 16.51% 11.42% 1.00x 1.44x CN¥799.87 Million
2019 15.27% 12.88% 0.57x 2.09x CN¥851.66 Million
2020 11.77% 10.32% 0.58x 1.96x CN¥311.70 Million
2021 17.57% 14.52% 0.66x 1.85x CN¥1.54 Billion
2022 16.97% 14.88% 0.64x 1.79x CN¥1.64 Billion
2023 14.76% 16.98% 0.55x 1.57x CN¥1.47 Billion
2024 15.44% 17.89% 0.58x 1.49x CN¥1.88 Billion

Industry Comparison

This section compares Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia's net assets metrics with peer companies in the Thermal Coal industry.

Industry Context

  • Industry: Thermal Coal
  • Average net assets among peers: $9,362,432,986
  • Average return on equity (ROE) among peers: -1.82%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) CN¥42.23 Billion 25.61% 0.34x $3.96 Billion
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) $62.48 Million -76.57% 3.98x $948.96 Million
Jizhong Energy Resources Co Ltd (000937) $20.09 Billion 1.21% 1.17x $764.87 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
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