Wintime Energy Co Ltd (600157) - Net Assets
Based on the latest financial reports, Wintime Energy Co Ltd (600157) has net assets worth CN¥52.10 Billion CNY (≈ $7.62 Billion 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¥108.33 Billion ≈ $15.85 Billion USD) and total liabilities (CN¥56.23 Billion ≈ $8.23 Billion 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 Wintime Energy Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore Wintime Energy Co Ltd assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 600157 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥52.03 Billion ≈ $7.61 Billion |
+1.60% |
| 2023-12-31 | CN¥51.21 Billion ≈ $7.49 Billion |
+7.63% |
| 2022-12-31 | CN¥47.58 Billion ≈ $6.96 Billion |
+3.21% |
| 2021-12-31 | CN¥46.10 Billion ≈ $6.75 Billion |
+1.43% |
| 2020-12-31 | CN¥45.45 Billion ≈ $6.65 Billion |
+58.50% |
| 2019-12-31 | CN¥28.68 Billion ≈ $4.20 Billion |
+0.79% |
| 2018-12-31 | CN¥28.45 Billion ≈ $4.16 Billion |
-1.18% |
| 2017-12-31 | CN¥28.79 Billion ≈ $4.21 Billion |
-1.17% |
| 2016-12-31 | CN¥29.13 Billion ≈ $4.26 Billion |
+12.12% |
| 2015-12-31 | CN¥25.98 Billion ≈ $3.80 Billion |
+90.30% |
| 2014-12-31 | CN¥13.65 Billion ≈ $2.00 Billion |
+1.74% |
| 2013-12-31 | CN¥13.42 Billion ≈ $1.96 Billion |
-21.57% |
| 2012-12-31 | CN¥17.11 Billion ≈ $2.50 Billion |
+362.55% |
| 2011-12-31 | CN¥3.70 Billion ≈ $541.35 Million |
+369.29% |
| 2010-12-31 | CN¥788.31 Million ≈ $115.35 Million |
+31.63% |
| 2009-12-31 | CN¥598.88 Million ≈ $87.63 Million |
+69.28% |
| 2008-12-31 | CN¥353.78 Million ≈ $51.77 Million |
-10.30% |
| 2007-12-31 | CN¥394.43 Million ≈ $57.72 Million |
+16.05% |
| 2006-12-31 | CN¥339.87 Million ≈ $49.73 Million |
-7.17% |
| 2005-12-31 | CN¥366.11 Million ≈ $53.57 Million |
+9.01% |
| 2004-12-31 | CN¥335.85 Million ≈ $49.15 Million |
-9.88% |
| 2003-12-31 | CN¥372.69 Million ≈ $54.54 Million |
+2.82% |
| 2002-12-31 | CN¥362.48 Million ≈ $53.04 Million |
+1.53% |
| 2001-12-31 | CN¥357.02 Million ≈ $52.24 Million |
+24.68% |
| 2000-12-31 | CN¥286.35 Million ≈ $41.90 Million |
+17.35% |
| 1999-12-31 | CN¥244.02 Million ≈ $35.71 Million |
+43.84% |
| 1998-12-31 | CN¥169.66 Million ≈ $24.83 Million |
+51.47% |
| 1997-12-31 | CN¥112.01 Million ≈ $16.39 Million |
+22.72% |
| 1996-12-31 | CN¥91.27 Million ≈ $13.36 Million |
+22.69% |
| 1995-12-31 | CN¥74.39 Million ≈ $10.89 Million |
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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 |
|---|---|
|
Cipher Mining Inc
NASDAQ:CIFR
|
$5.66 Billion |
|
Riot Blockchain Inc
NASDAQ:RIOT
|
$5.66 Billion |
|
Goke Microelectronics Co Ltd
SHE:300672
|
$5.66 Billion |
|
Xinhu Zhongbao Co Ltd
SHG:600208
|
$5.67 Billion |
|
Shenzhen Huaqiang Industry Co Ltd
SHE:000062
|
$5.65 Billion |
|
NewJersey Resources Corporation
NYSE:NJR
|
$5.65 Billion |
|
Bausch + Lomb Corp
TO:BLCO
|
$5.65 Billion |
|
Gerdau S.A
F:GDUA
|
$5.65 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: 0.83x
- 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 47.81x to 0.83x 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¥1.77 | x |
| 1996-12-31 | CN¥0.05 | CN¥1.77 | x |
| 1997-12-31 | CN¥0.06 | CN¥1.77 | x |
| 1998-12-31 | CN¥0.08 | CN¥1.77 | x |
| 1999-12-31 | CN¥0.12 | CN¥1.77 | x |
| 2000-12-31 | CN¥0.13 | CN¥1.77 | x |
| 2001-12-31 | CN¥0.14 | CN¥1.77 | x |
| 2002-12-31 | CN¥0.15 | CN¥1.77 | x |
| 2003-12-31 | CN¥0.15 | CN¥1.77 | x |
| 2004-12-31 | CN¥0.16 | CN¥1.77 | x |
| 2005-12-31 | CN¥0.17 | CN¥1.77 | x |
| 2006-12-31 | CN¥0.16 | CN¥1.77 | x |
| 2007-12-31 | CN¥0.19 | CN¥1.77 | x |
| 2008-12-31 | CN¥0.17 | CN¥1.77 | x |
| 2009-12-31 | CN¥0.18 | CN¥1.77 | x |
| 2010-12-31 | CN¥0.26 | CN¥1.77 | x |
| 2011-12-31 | CN¥0.64 | CN¥1.77 | x |
| 2012-12-31 | CN¥1.89 | CN¥1.77 | x |
| 2013-12-31 | CN¥2.14 | CN¥1.77 | x |
| 2014-12-31 | CN¥0.96 | CN¥1.77 | x |
| 2015-12-31 | CN¥1.72 | CN¥1.77 | x |
| 2016-12-31 | CN¥1.90 | CN¥1.77 | x |
| 2017-12-31 | CN¥1.96 | CN¥1.77 | x |
| 2018-12-31 | CN¥1.94 | CN¥1.77 | x |
| 2019-12-31 | CN¥1.07 | CN¥1.77 | x |
| 2020-12-31 | CN¥1.87 | CN¥1.77 | x |
| 2021-12-31 | CN¥1.91 | CN¥1.77 | x |
| 2022-12-31 | CN¥1.98 | CN¥1.77 | x |
| 2023-12-31 | CN¥2.09 | CN¥1.77 | x |
| 2024-12-31 | CN¥2.13 | CN¥1.77 | 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: $8,898,590,958
- Average return on equity (ROE) among peers: 12.04%
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 | $5.65 Billion |
| Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) | $95.30 Million | 34.44% | 3.98x | $2.26 Billion |
| Jizhong Energy Resources Co Ltd (000937) | $1.69 Billion | 8.11% | 0.51x | $2.91 Billion |
| Shanxi Xishan Coal and Electricity Power Co Ltd (000983) | $4.88 Billion | 19.96% | 0.92x | $5.83 Billion |
| Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) | $2.08 Billion | 22.30% | 0.69x | $10.61 Billion |
| Guangzhou Development Group Inc (600098) | $26.56 Billion | 5.10% | 1.33x | $3.65 Billion |
| Zhengzhou Coal Industry & Electric Power Co Ltd (600121) | $3.71 Billion | -16.92% | 1.88x | $757.74 Million |
| Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) | $1.07 Billion | 16.23% | 0.57x | $1.53 Billion |
| Yankuang Energy Group Co Ltd (600188) | $18.09 Billion | 10.18% | 0.27x | $19.93 Billion |
| Shan XI Hua Yang Group New Energy Co Ltd (600348) | $21.92 Billion | 9.00% | 1.10x | $5.52 Billion |
About Wintime Energy Co Ltd
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