Wintime Energy Co Ltd

SHG:600157 China Thermal Coal
Market Cap
$5.77 Billion
CN¥42.33 Billion CNY
Market Cap Rank
#2892 Global
#215 in China
Share Price
CN¥1.94
Change (1 day)
-4.43%
52-Week Range
CN¥1.31 - CN¥2.03
All Time High
CN¥5.46
Categories
Companies in China Thermal Coal
About

Wintime Energy Group Co.,Ltd., an energy company, engages in the power, coal, petrochemical, and other industries in China. The company mines and produces coking coal; generates power; and provides petrochemical products. It has an electric power installed capacity of 9.18 million kilowatts. It also involved in the blending and processing of oil; warehousing and trading of petrochemical products;… Read more

Wintime Energy Co Ltd (600157) - Net Assets

Latest net assets as of September 2025: CN¥52.10 Billion CNY

Based on the latest financial reports, Wintime Energy Co Ltd (600157) has net assets worth CN¥52.10 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¥108.33 Billion) and total liabilities (CN¥56.23 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¥52.10 Billion
% of Total Assets 48.09%
Annual Growth Rate 25.34%
5-Year Change 14.49%
10-Year Change 100.27%
Growth Volatility 92.05

Wintime Energy Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Wintime Energy 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 Wintime Energy Co Ltd (1995–2024)

The table below shows the annual net assets of Wintime Energy Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥52.03 Billion +1.60%
2023-12-31 CN¥51.21 Billion +7.63%
2022-12-31 CN¥47.58 Billion +3.21%
2021-12-31 CN¥46.10 Billion +1.43%
2020-12-31 CN¥45.45 Billion +58.50%
2019-12-31 CN¥28.68 Billion +0.79%
2018-12-31 CN¥28.45 Billion -1.18%
2017-12-31 CN¥28.79 Billion -1.17%
2016-12-31 CN¥29.13 Billion +12.12%
2015-12-31 CN¥25.98 Billion +90.30%
2014-12-31 CN¥13.65 Billion +1.74%
2013-12-31 CN¥13.42 Billion -21.57%
2012-12-31 CN¥17.11 Billion +362.55%
2011-12-31 CN¥3.70 Billion +369.29%
2010-12-31 CN¥788.31 Million +31.63%
2009-12-31 CN¥598.88 Million +69.28%
2008-12-31 CN¥353.78 Million -10.30%
2007-12-31 CN¥394.43 Million +16.05%
2006-12-31 CN¥339.87 Million -7.17%
2005-12-31 CN¥366.11 Million +9.01%
2004-12-31 CN¥335.85 Million -9.88%
2003-12-31 CN¥372.69 Million +2.82%
2002-12-31 CN¥362.48 Million +1.53%
2001-12-31 CN¥357.02 Million +24.68%
2000-12-31 CN¥286.35 Million +17.35%
1999-12-31 CN¥244.02 Million +43.84%
1998-12-31 CN¥169.66 Million +51.47%
1997-12-31 CN¥112.01 Million +22.72%
1996-12-31 CN¥91.27 Million +22.69%
1995-12-31 CN¥74.39 Million --

Equity Component Analysis

This analysis shows how different components contribute to Wintime Energy 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 89126.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥12.35 Billion 26.20%
Common Stock CN¥22.22 Billion 47.13%
Other Comprehensive Income CN¥490.98 Million 1.04%
Other Components CN¥12.08 Billion 25.63%
Total Equity CN¥47.15 Billion 100.00%

Wintime Energy Co Ltd Competitors by Market Cap

The table below lists competitors of Wintime Energy Co Ltd ranked by their market capitalization.

Company Market Cap
Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt
F:RIG2
 		$4.70 Billion
Endeavour Mining Corp
OTCQX:EDVMF
 		$4.71 Billion
Discovery Limited
PINK:DCYHF
 		$4.71 Billion
Chengtun Mining Group Co Ltd
SHG:600711
 		$4.71 Billion
Adecco Group AG
PINK:AHEXF
 		$4.69 Billion
China Shipbuilding Industry Group Power Co Ltd
SHG:600482
 		$4.69 Billion
Figure Technology Solutions, Inc. Class A Common Stock
NASDAQ:FIGR
 		$4.68 Billion
Lumine Group Inc.
PINK:LMGIF
 		$4.68 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 46,387,006,791 to 47,145,224,000, a change of 758,217,209 (1.6%).
  • Net income of 1,560,550,000 contributed positively to equity growth.
  • Dividend payments of 1,908,513,066 reduced retained earnings.
  • Other comprehensive income increased equity by 2,039,661,273.
  • Other factors decreased equity by 933,480,998.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.56 Billion +3.31%
Dividends Paid CN¥1.91 Billion -4.05%
Other Comprehensive Income CN¥2.04 Billion +4.33%
Other Changes CN¥-933.48 Million -1.98%
Total Change CN¥- 1.63%

Book Value vs Market Value Analysis

This analysis compares Wintime Energy 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: 0.91x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 52.40x to 0.91x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.04 CN¥1.94 x
1996-12-31 CN¥0.05 CN¥1.94 x
1997-12-31 CN¥0.06 CN¥1.94 x
1998-12-31 CN¥0.08 CN¥1.94 x
1999-12-31 CN¥0.12 CN¥1.94 x
2000-12-31 CN¥0.13 CN¥1.94 x
2001-12-31 CN¥0.14 CN¥1.94 x
2002-12-31 CN¥0.15 CN¥1.94 x
2003-12-31 CN¥0.15 CN¥1.94 x
2004-12-31 CN¥0.16 CN¥1.94 x
2005-12-31 CN¥0.17 CN¥1.94 x
2006-12-31 CN¥0.16 CN¥1.94 x
2007-12-31 CN¥0.19 CN¥1.94 x
2008-12-31 CN¥0.17 CN¥1.94 x
2009-12-31 CN¥0.18 CN¥1.94 x
2010-12-31 CN¥0.26 CN¥1.94 x
2011-12-31 CN¥0.64 CN¥1.94 x
2012-12-31 CN¥1.89 CN¥1.94 x
2013-12-31 CN¥2.14 CN¥1.94 x
2014-12-31 CN¥0.96 CN¥1.94 x
2015-12-31 CN¥1.72 CN¥1.94 x
2016-12-31 CN¥1.90 CN¥1.94 x
2017-12-31 CN¥1.96 CN¥1.94 x
2018-12-31 CN¥1.94 CN¥1.94 x
2019-12-31 CN¥1.91 CN¥1.94 x
2020-12-31 CN¥3.33 CN¥1.94 x
2021-12-31 CN¥1.91 CN¥1.94 x
2022-12-31 CN¥1.98 CN¥1.94 x
2023-12-31 CN¥2.09 CN¥1.94 x
2024-12-31 CN¥2.13 CN¥1.94 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wintime Energy 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): 3.31%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.50%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 2.29x
  • Recent ROE (3.31%) is below the historical average (7.68%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 7.11% 7.85% 0.29x 3.13x CN¥-2.15 Million
1996 18.49% 10.03% 0.72x 2.57x CN¥7.75 Million
1997 18.52% 8.62% 0.86x 2.51x CN¥9.54 Million
1998 30.27% 13.41% 0.86x 2.63x CN¥33.26 Million
1999 33.90% 13.71% 0.91x 2.71x CN¥56.81 Million
2000 11.95% 7.39% 0.59x 2.72x CN¥5.28 Million
2001 4.61% 2.70% 0.63x 2.73x CN¥-15.60 Million
2002 3.81% 1.73% 0.71x 3.11x CN¥-18.26 Million
2003 3.65% 1.13% 0.80x 4.03x CN¥-19.30 Million
2004 3.87% 1.50% 0.95x 2.73x CN¥-19.68 Million
2005 3.88% 1.14% 1.26x 2.70x CN¥-20.46 Million
2006 -1.68% -0.38% 1.69x 2.63x CN¥-38.38 Million
2007 0.50% 0.12% 1.92x 2.20x CN¥-35.93 Million
2008 0.76% 0.14% 1.80x 3.12x CN¥-31.04 Million
2009 5.74% 1.00% 1.12x 5.16x CN¥-16.08 Million
2010 18.13% 4.73% 0.69x 5.58x CN¥59.22 Million
2011 11.35% 15.63% 0.14x 5.16x CN¥38.35 Million
2012 11.40% 12.80% 0.18x 4.91x CN¥121.49 Million
2013 4.85% 4.84% 0.21x 4.84x CN¥-506.66 Million
2014 4.07% 5.12% 0.15x 5.23x CN¥-591.65 Million
2015 2.95% 5.59% 0.12x 4.28x CN¥-1.44 Billion
2016 2.83% 4.88% 0.14x 4.15x CN¥-1.70 Billion
2017 2.47% 2.69% 0.21x 4.40x CN¥-1.83 Billion
2018 0.27% 0.30% 0.21x 4.42x CN¥-2.34 Billion
2019 0.59% 0.66% 0.20x 4.48x CN¥-2.24 Billion
2020 10.79% 20.25% 0.21x 2.51x CN¥329.43 Million
2021 2.66% 4.15% 0.26x 2.46x CN¥-3.11 Billion
2022 4.34% 5.37% 0.34x 2.36x CN¥-2.49 Billion
2023 4.88% 7.52% 0.28x 2.31x CN¥-2.37 Billion
2024 3.31% 5.50% 0.26x 2.29x CN¥-3.15 Billion

Industry Comparison

This section compares Wintime Energy Co Ltd's net assets metrics with peer companies in the Thermal Coal industry.

Industry Context

  • Industry: Thermal Coal
  • Average net assets among peers: $9,690,476,303
  • Average return on equity (ROE) among peers: 1.66%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Wintime Energy Co Ltd (600157) CN¥52.10 Billion 7.11% 1.08x $4.69 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
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) $3.29 Billion 29.70% 0.40x $3.96 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
Yankuang Energy Group Co Ltd (600188) $9.66 Billion 10.38% 0.34x $13.64 Billion