Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd

SHG:600248 China Engineering & Construction
Market Cap
$1.91 Billion
CN¥13.99 Billion CNY
Market Cap Rank
#9973 Global
#2134 in China
Share Price
CN¥3.74
Change (1 day)
+0.81%
52-Week Range
CN¥3.52 - CN¥4.43
All Time High
CN¥8.50
About

Shaanxi Construction Engineering Group Corporation Limited, through its subsidiaries, engages in the construction engineering business in China and internationally. It engages in the infrastructure activity of buildings, bridge buildings, hotels and commercial buildings, and cultural and sports buildings; public transportation engineering; underground space development; landscaping engineering; i… Read more

Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd (600248) - Net Assets

Latest net assets as of September 2025: CN¥32.59 Billion CNY

Based on the latest financial reports, Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd (600248) has net assets worth CN¥32.59 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¥344.95 Billion) and total liabilities (CN¥312.36 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¥32.59 Billion
% of Total Assets 9.45%
Annual Growth Rate 28.94%
5-Year Change 131.39%
10-Year Change 2089.53%
Growth Volatility 535.24

Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Shaanxi Yanchang Petroleum Chemical Engineering 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 Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd (1997–2024)

The table below shows the annual net assets of Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥39.97 Billion +6.60%
2023-12-31 CN¥37.49 Billion +8.07%
2022-12-31 CN¥34.69 Billion +49.87%
2021-12-31 CN¥23.15 Billion +34.02%
2020-12-31 CN¥17.27 Billion +483.61%
2019-12-31 CN¥2.96 Billion +7.88%
2018-12-31 CN¥2.74 Billion +21.71%
2017-12-31 CN¥2.25 Billion +17.00%
2016-12-31 CN¥1.93 Billion +5.54%
2015-12-31 CN¥1.83 Billion +6.30%
2014-12-31 CN¥1.72 Billion +38.38%
2013-12-31 CN¥1.24 Billion +14.69%
2012-12-31 CN¥1.08 Billion +21.47%
2011-12-31 CN¥890.79 Million +22.48%
2010-12-31 CN¥727.28 Million +20.91%
2009-12-31 CN¥601.51 Million +32.63%
2008-12-31 CN¥453.53 Million +2815.13%
2007-12-31 CN¥15.56 Million -23.15%
2006-12-31 CN¥20.24 Million -85.02%
2005-12-31 CN¥135.10 Million -57.62%
2004-12-31 CN¥318.77 Million -44.80%
2003-12-31 CN¥577.49 Million +4.12%
2002-12-31 CN¥554.63 Million +5.64%
2001-12-31 CN¥525.01 Million +2.68%
2000-12-31 CN¥511.33 Million +290.24%
1999-12-31 CN¥131.03 Million +16.52%
1998-12-31 CN¥112.45 Million +168.89%
1997-12-31 CN¥41.82 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shaanxi Yanchang Petroleum Chemical Engineering 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 1626249500000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥16.26 Billion 52.41%
Common Stock CN¥3.77 Billion 12.14%
Other Comprehensive Income CN¥8.63 Billion 27.80%
Other Components CN¥2.37 Billion 7.65%
Total Equity CN¥31.03 Billion 100.00%

Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd Competitors by Market Cap

The table below lists competitors of Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 25,165,247,826 to 31,031,798,000, a change of 5,866,550,174 (23.3%).
  • Net income of 2,959,766,000 contributed positively to equity growth.
  • Dividend payments of 3,434,439,493 reduced retained earnings.
  • Share repurchases of 2,834,000 reduced equity.
  • Other comprehensive income increased equity by 3,319,312,686.
  • Other factors increased equity by 3,024,744,981.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥2.96 Billion +9.54%
Dividends Paid CN¥3.43 Billion -11.07%
Share Repurchases CN¥2.83 Million -0.01%
Other Comprehensive Income CN¥3.32 Billion +10.7%
Other Changes CN¥3.02 Billion +9.75%
Total Change CN¥- 23.31%

Book Value vs Market Value Analysis

This analysis compares Shaanxi Yanchang Petroleum Chemical Engineering 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: 0.45x
  • 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 32.67x to 0.45x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.11 CN¥3.74 x
1998-12-31 CN¥0.31 CN¥3.74 x
1999-12-31 CN¥0.33 CN¥3.74 x
2000-12-31 CN¥1.42 CN¥3.74 x
2001-12-31 CN¥1.46 CN¥3.74 x
2002-12-31 CN¥1.50 CN¥3.74 x
2003-12-31 CN¥1.54 CN¥3.74 x
2004-12-31 CN¥0.84 CN¥3.74 x
2005-12-31 CN¥0.32 CN¥3.74 x
2006-12-31 CN¥0.01 CN¥3.74 x
2007-12-31 CN¥0.00 CN¥3.74 x
2008-12-31 CN¥1.08 CN¥3.74 x
2009-12-31 CN¥1.09 CN¥3.74 x
2010-12-31 CN¥1.31 CN¥3.74 x
2011-12-31 CN¥1.61 CN¥3.74 x
2012-12-31 CN¥1.95 CN¥3.74 x
2013-12-31 CN¥2.24 CN¥3.74 x
2014-12-31 CN¥2.89 CN¥3.74 x
2015-12-31 CN¥2.96 CN¥3.74 x
2016-12-31 CN¥3.13 CN¥3.74 x
2017-12-31 CN¥2.62 CN¥3.74 x
2018-12-31 CN¥3.46 CN¥3.74 x
2019-12-31 CN¥3.22 CN¥3.74 x
2020-12-31 CN¥17.09 CN¥3.74 x
2021-12-31 CN¥5.04 CN¥3.74 x
2022-12-31 CN¥6.37 CN¥3.74 x
2023-12-31 CN¥6.39 CN¥3.74 x
2024-12-31 CN¥8.32 CN¥3.74 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shaanxi Yanchang Petroleum Chemical Engineering 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): 9.54%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.96%
  • • Asset Turnover: 0.43x
  • • Equity Multiplier: 11.38x
  • Recent ROE (9.54%) is above the historical average (7.70%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 59.38% 25.48% 1.04x 2.24x CN¥19.72 Million
1998 23.57% 20.83% 0.61x 1.85x CN¥14.52 Million
1999 25.09% 19.04% 0.64x 2.06x CN¥17.48 Million
2000 6.27% 12.48% 0.42x 1.19x CN¥-18.51 Million
2001 5.35% 8.02% 0.48x 1.38x CN¥-23.70 Million
2002 3.71% 5.65% 0.36x 1.82x CN¥-32.84 Million
2003 0.47% 0.54% 0.42x 2.06x CN¥-51.15 Million
2004 -42.56% -28.85% 0.49x 3.03x CN¥-154.17 Million
2005 -154.20% -158.57% 0.18x 5.42x CN¥-184.56 Million
2006 -1009.77% -53.06% 0.17x 113.91x CN¥-46.46 Million
2007 946.69% 9.59% 0.13x 734.00x CN¥7.37 Million
2008 10.20% 7.01% 0.37x 3.95x CN¥922.65K
2009 14.60% 2.94% 1.39x 3.58x CN¥27.70 Million
2010 17.06% 3.57% 1.30x 3.68x CN¥51.36 Million
2011 16.77% 3.61% 1.30x 3.58x CN¥60.31 Million
2012 14.37% 3.46% 1.14x 3.63x CN¥47.26 Million
2013 14.99% 0.36% 12.15x 3.40x CN¥61.87 Million
2014 23.47% 0.67% 11.91x 2.96x CN¥231.38 Million
2015 26.65% 0.71% 13.55x 2.75x CN¥303.92 Million
2016 32.46% 0.82% 14.02x 2.82x CN¥432.64 Million
2017 40.84% 1.00% 14.58x 2.80x CN¥632.63 Million
2018 10.26% 0.36% 9.49x 3.02x CN¥7.00 Million
2019 51.97% 1.47% 12.43x 2.84x CN¥1.24 Billion
2020 18.03% 2.22% 0.70x 11.60x CN¥1.26 Billion
2021 19.38% 2.15% 0.73x 12.33x CN¥1.74 Billion
2022 15.27% 1.90% 0.61x 13.14x CN¥1.24 Billion
2023 15.74% 2.19% 0.52x 13.78x CN¥1.45 Billion
2024 9.54% 1.96% 0.43x 11.38x CN¥-143.41 Million

Industry Comparison

This section compares Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $2,293,171,469
  • Average return on equity (ROE) among peers: -19.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd (600248) CN¥32.59 Billion 59.38% 9.59x $531.33 Million
Shenzhen Ecobeauty Co Ltd (000010) $2.21 Billion 1.80% 1.20x $542.14 Million
Shenzhen Sed Industry Co Ltd (000032) $273.69 Million 5.51% 1.09x $1.18 Billion
NORINCO International Cooperation Ltd (000065) $10.22 Billion 10.27% 1.39x $959.60 Million
Shenzhen Tagen Group Co Ltd (000090) $1.08 Billion 6.39% 1.55x $602.43 Million
Shandong Hi-Speed Road&Bridge (000498) $433.84 Million -22.79% 2.88x $597.20 Million
Jinyuan Cement Co Ltd (000546) $4.61 Billion 0.86% 0.22x $312.99 Million
Hunan Investment Group Co Ltd (000548) $1.41 Billion 7.29% 0.50x $259.03 Million
ChengDu Hi-Tech Development Co Ltd (000628) $134.20 Million -202.04% 12.95x $1.18 Billion
Gansu Engineering Consulting Group Co Ltd (000779) $307.94 Million -4.18% 0.33x $300.46 Million
Hainan Expressway Co Ltd (000886) $2.26 Billion 1.18% 0.16x $593.20 Million