XinJiang Beiken Energy Engineering Stock Co Ltd (002828) - Net Assets

Latest as of September 2025: CN¥695.08 Million CNY ≈ $101.71 Million USD

Based on the latest financial reports, XinJiang Beiken Energy Engineering Stock Co Ltd (002828) has net assets worth CN¥695.08 Million CNY (≈ $101.71 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¥1.85 Billion ≈ $270.92 Million USD) and total liabilities (CN¥1.16 Billion ≈ $169.21 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 how resilient are XinJiang Beiken Energy Engineering Stock's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥695.08 Million
% of Total Assets	37.54%
Annual Growth Rate	10.21%
5-Year Change	-31.2%
10-Year Change	43.38%
Growth Volatility	26.19

XinJiang Beiken Energy Engineering Stock Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how XinJiang Beiken Energy Engineering Stock Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore XinJiang Beiken Energy Engineering Stock assets under control for the complete picture of this company's asset base.

Annual Net Assets for XinJiang Beiken Energy Engineering Stock Co Ltd (2011–2024)

The table below shows the annual net assets of XinJiang Beiken Energy Engineering Stock Co Ltd from 2011 to 2024. For live valuation and market cap data, see 002828 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥680.61 Million ≈ $99.59 Million	+11.16%
2023-12-31	CN¥612.28 Million ≈ $89.60 Million	-0.87%
2022-12-31	CN¥617.64 Million ≈ $90.38 Million	-39.28%
2021-12-31	CN¥1.02 Billion ≈ $148.84 Million	+2.82%
2020-12-31	CN¥989.23 Million ≈ $144.76 Million	-3.11%
2019-12-31	CN¥1.02 Billion ≈ $149.40 Million	+3.19%
2018-12-31	CN¥989.42 Million ≈ $144.78 Million	+8.99%
2017-12-31	CN¥907.77 Million ≈ $132.83 Million	+8.02%
2016-12-31	CN¥840.34 Million ≈ $122.97 Million	+77.03%
2015-12-31	CN¥474.68 Million ≈ $69.46 Million	+12.07%
2014-12-31	CN¥423.56 Million ≈ $61.98 Million	+14.80%
2013-12-31	CN¥368.94 Million ≈ $53.99 Million	+32.78%
2012-12-31	CN¥277.86 Million ≈ $40.66 Million	+44.52%
2011-12-31	CN¥192.27 Million ≈ $28.13 Million	--

Equity Component Analysis

This analysis shows how different components contribute to XinJiang Beiken Energy Engineering Stock 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 77.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥126.76 Million	18.86%
Common Stock	CN¥200.99 Million	29.90%
Other Comprehensive Income	CN¥69.95 Million	10.41%
Other Components	CN¥274.57 Million	40.84%
Total Equity	CN¥672.27 Million	100.00%

XinJiang Beiken Energy Engineering Stock Co Ltd Competitors by Market Cap

The table below lists competitors of XinJiang Beiken Energy Engineering Stock Co Ltd ranked by their market capitalization.

Company	Market Cap
Sungchang Hold KO:000180	$340.34 Million
Parke Bancorp Inc NASDAQ:PKBK	$340.37 Million
Lippo Karawaci Tbk JK:LPKR	$340.56 Million
Rongfeng Holding Group SHE:000668	$340.58 Million
Akebia Ther NASDAQ:AKBA	$340.21 Million
SNDL INC. F:VY4	$340.18 Million
eDreams Odigeo SA MC:EDR	$340.09 Million
enCore Energy Corp. V:EU	$340.05 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in XinJiang Beiken Energy Engineering Stock Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 603,327,357 to 672,270,658, a change of 68,943,301 (11.4%).
Net income of 4,321,802 contributed positively to equity growth.
Dividend payments of 35,509,226 reduced retained earnings.
Share repurchases of 10,127,608 reduced equity.
Other comprehensive income increased equity by 62,816,329.
Other factors increased equity by 47,442,004.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥4.32 Million	+0.64%
Dividends Paid	CN¥35.51 Million	-5.28%
Share Repurchases	CN¥10.13 Million	-1.51%
Other Comprehensive Income	CN¥62.82 Million	+9.34%
Other Changes	CN¥47.44 Million	+7.06%
Total Change	CN¥-	11.43%

Book Value vs Market Value Analysis

This analysis compares XinJiang Beiken Energy Engineering Stock 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: 3.46x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 8.70x to 3.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-12-31	CN¥1.33	CN¥11.57	x
2012-12-31	CN¥1.89	CN¥11.57	x
2013-12-31	CN¥2.47	CN¥11.57	x
2014-12-31	CN¥2.85	CN¥11.57	x
2015-12-31	CN¥3.16	CN¥11.57	x
2016-12-31	CN¥5.60	CN¥11.57	x
2017-12-31	CN¥4.52	CN¥11.57	x
2018-12-31	CN¥4.84	CN¥11.57	x
2019-12-31	CN¥4.78	CN¥11.57	x
2020-12-31	CN¥4.87	CN¥11.57	x
2021-12-31	CN¥4.82	CN¥11.57	x
2022-12-31	CN¥2.89	CN¥11.57	x
2023-12-31	CN¥2.93	CN¥11.57	x
2024-12-31	CN¥3.34	CN¥11.57	x

Capital Efficiency Dashboard

This dashboard shows how efficiently XinJiang Beiken Energy Engineering Stock 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): 0.64%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.45%
• Asset Turnover: 0.53x
• Equity Multiplier: 2.69x
Recent ROE (0.64%) is below the historical average (6.09%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	22.33%	5.38%	1.51x	2.74x	CN¥23.17 Million
2012	24.26%	9.48%	1.17x	2.18x	CN¥38.11 Million
2013	27.59%	9.66%	1.21x	2.36x	CN¥64.86 Million
2014	16.30%	10.40%	0.74x	2.11x	CN¥26.67 Million
2015	13.77%	8.94%	0.77x	1.99x	CN¥17.87 Million
2016	7.46%	14.63%	0.37x	1.37x	CN¥-21.29 Million
2017	7.74%	10.78%	0.45x	1.60x	CN¥-20.44 Million
2018	4.75%	5.02%	0.48x	1.96x	CN¥-50.28 Million
2019	4.48%	3.09%	0.56x	2.60x	CN¥-53.68 Million
2020	2.55%	2.66%	0.36x	2.69x	CN¥-72.92 Million
2021	3.20%	2.71%	0.41x	2.86x	CN¥-65.85 Million
2022	-56.92%	-49.49%	0.33x	3.48x	CN¥-389.31 Million
2023	7.16%	4.40%	0.51x	3.19x	CN¥-17.16 Million
2024	0.64%	0.45%	0.53x	2.69x	CN¥-62.91 Million

Industry Comparison

This section compares XinJiang Beiken Energy Engineering Stock Co Ltd's net assets metrics with peer companies in the Oil & Gas Drilling industry.

Industry Context

Industry: Oil & Gas Drilling
Average net assets among peers: $8,312,337,000
Average return on equity (ROE) among peers: 14.76%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
XinJiang Beiken Energy Engineering Stock Co Ltd (002828)	CN¥695.08 Million	22.33%	1.66x	$340.28 Million
Sinopec Oilfield Service Corp (600871)	$8.31 Billion	14.76%	0.27x	$5.39 Billion

About XinJiang Beiken Energy Engineering Stock Co Ltd

SHE:002828 China Oil & Gas Drilling

Market Cap

$340.28 Million

CN¥2.33 Billion CNY

Market Cap Rank

#14429 Global

#4526 in China

Share Price

CN¥11.57

Change (1 day)

-4.38%

52-Week Range

CN¥8.68 - CN¥16.37

All Time High

CN¥27.01