Wintime Energy Co Ltd (600157) - Net Assets

Latest as of March 2026: CN¥54.36 Billion CNY ≈ $7.95 Billion USD

Based on the latest financial reports, Wintime Energy Co Ltd (600157) has net assets worth CN¥54.36 Billion CNY (≈ $7.95 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥110.73 Billion ≈ $16.20 Billion USD) and total liabilities (CN¥56.37 Billion ≈ $8.25 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 tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥54.36 Billion
% of Total Assets 49.09%
Annual Growth Rate 24.57%
5-Year Change 17.66%
10-Year Change 86.2%
Growth Volatility 90.73

Wintime Energy Co Ltd - Net Assets Trend (1995–2025)

This chart illustrates how Wintime Energy Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Wintime Energy Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Wintime Energy Co Ltd (1995–2025)

The table below shows the annual net assets of Wintime Energy Co Ltd from 1995 to 2025. For live valuation and market cap data, see 600157 company net worth.

Year Net Assets Change
2025-12-31 CN¥54.24 Billion
≈ $7.94 Billion		 +4.24%
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		 --

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 90633.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥12.56 Billion 26.83%
Other Components CN¥34.25 Billion 73.17%
Total Equity CN¥46.81 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
CD PROJEKT (UNSP.ADR)1/4
F:7CD0
 $5.43 Billion
REINET INVESTMENTS S.C.A.
F:RNT
 $5.43 Billion
Focuslight Technologies Inc. A
SHG:688167
 $5.43 Billion
Madison Square Garden Sports Corp
NYSE:MSGS
 $5.44 Billion
Huali Industrial Group Company Limited
SHE:300979
 $5.43 Billion
Casella Waste Systems Inc
NASDAQ:CWST
 $5.43 Billion
Gerdau SA ADR
NYSE:GGB
 $5.42 Billion
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
 $5.42 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 2024 to 2025, total equity changed from 47,145,224,000 to 46,813,048,163, a change of -332,175,837 (-0.7%).
  • Net income of 208,619,687 contributed positively to equity growth.
  • Dividend payments of 1,641,646,689 reduced retained earnings.
  • Other comprehensive income decreased equity by 490,976,000.
  • Other factors increased equity by 1,591,827,164.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥208.62 Million +0.45%
Dividends Paid CN¥1.64 Billion -3.51%
Other Comprehensive Income CN¥-490.98 Million -1.05%
Other Changes CN¥1.59 Billion +3.4%
Total Change CN¥- -0.70%

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: 0.79x
  • 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 45.92x to 0.79x 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¥1.70 x
1996-12-31 CN¥0.05 CN¥1.70 x
1997-12-31 CN¥0.06 CN¥1.70 x
1998-12-31 CN¥0.08 CN¥1.70 x
1999-12-31 CN¥0.12 CN¥1.70 x
2000-12-31 CN¥0.13 CN¥1.70 x
2001-12-31 CN¥0.14 CN¥1.70 x
2002-12-31 CN¥0.15 CN¥1.70 x
2003-12-31 CN¥0.15 CN¥1.70 x
2004-12-31 CN¥0.16 CN¥1.70 x
2005-12-31 CN¥0.17 CN¥1.70 x
2006-12-31 CN¥0.16 CN¥1.70 x
2007-12-31 CN¥0.19 CN¥1.70 x
2008-12-31 CN¥0.17 CN¥1.70 x
2009-12-31 CN¥0.18 CN¥1.70 x
2010-12-31 CN¥0.26 CN¥1.70 x
2011-12-31 CN¥0.64 CN¥1.70 x
2012-12-31 CN¥1.89 CN¥1.70 x
2013-12-31 CN¥2.14 CN¥1.70 x
2014-12-31 CN¥0.96 CN¥1.70 x
2015-12-31 CN¥1.72 CN¥1.70 x
2016-12-31 CN¥1.90 CN¥1.70 x
2017-12-31 CN¥1.96 CN¥1.70 x
2018-12-31 CN¥1.94 CN¥1.70 x
2019-12-31 CN¥1.07 CN¥1.70 x
2020-12-31 CN¥1.87 CN¥1.70 x
2021-12-31 CN¥1.91 CN¥1.70 x
2022-12-31 CN¥1.98 CN¥1.70 x
2023-12-31 CN¥2.09 CN¥1.70 x
2024-12-31 CN¥2.13 CN¥1.70 x
2025-12-31 CN¥2.15 CN¥1.70 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): 0.45%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.88%
  • • Asset Turnover: 0.21x
  • • Equity Multiplier: 2.37x
  • Recent ROE (0.45%) is below the historical average (7.44%), 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
2025 0.45% 0.88% 0.21x 2.37x CN¥-4.47 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: $16,853,946,704
  • Average return on equity (ROE) among peers: 10.89%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Wintime Energy Co Ltd (600157) CN¥54.36 Billion 7.11% 1.04x $5.43 Billion
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) $206.76 Million 14.31% 1.24x $1.97 Billion
Jizhong Energy Resources Co Ltd (000937) $297.10 Million 44.03% 1.14x $2.42 Billion
Shanxi Xishan Coal and Electricity Power Co Ltd (000983) $18.98 Billion 0.74% 1.75x $5.74 Billion
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) $12.36 Billion 16.42% 0.43x $8.18 Billion
Guangzhou Development Group Inc (600098) $16.74 Billion 6.18% 1.01x $3.57 Billion
Zhengzhou Coal Industry & Electric Power Co Ltd (600121) $2.38 Billion -39.05% 4.52x $780.92 Million
Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) $1.07 Billion 16.23% 0.57x $1.45 Billion
Yankuang Energy Group Co Ltd (600188) $96.49 Billion 16.85% 1.99x $18.16 Billion
Shan XI Hua Yang Group New Energy Co Ltd (600348) $3.16 Billion 22.34% 0.82x $4.53 Billion

About Wintime Energy Co Ltd

SHG:600157 China Thermal Coal
Market Cap
$5.43 Billion
CN¥37.09 Billion CNY
Market Cap Rank
#3424 Global
#491 in China
Share Price
CN¥1.70
Change (1 day)
+0.00%
52-Week Range
CN¥1.32 - 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 electricity, coal, petrochemicals, and energy storage businesses in China. It mines and produces coking coal; generates power; and provides petrochemical products. The company has a total installed capacity of 9.18 million kilowatts. It is also involved in blending and processing of oil; warehousing and trading of petrochemical prod… Read more