Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd (600248) - Net Assets
Based on the latest financial reports, Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd (600248) has net assets worth CN¥36.37 Billion CNY (≈ $5.32 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¥331.79 Billion ≈ $48.55 Billion USD) and total liabilities (CN¥295.42 Billion ≈ $43.23 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 600248 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥36.37 Billion |
| % of Total Assets | 10.96% |
| Annual Growth Rate | 27.48% |
| 5-Year Change | 61.73% |
| 10-Year Change | 1843.18% |
| Growth Volatility | 526.34 |
Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Shaanxi Yanchang Petroleum Chemical Engi to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd (1997–2025)
The table below shows the annual net assets of Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd from 1997 to 2025. For live valuation and market cap data, see how much is Shaanxi Yanchang Petroleum Chemical Engi worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥37.44 Billion ≈ $5.48 Billion |
-6.33% |
| 2024-12-31 | CN¥39.97 Billion ≈ $5.85 Billion |
+6.60% |
| 2023-12-31 | CN¥37.49 Billion ≈ $5.49 Billion |
+8.07% |
| 2022-12-31 | CN¥34.69 Billion ≈ $5.08 Billion |
+49.87% |
| 2021-12-31 | CN¥23.15 Billion ≈ $3.39 Billion |
+34.02% |
| 2020-12-31 | CN¥17.27 Billion ≈ $2.53 Billion |
+483.61% |
| 2019-12-31 | CN¥2.96 Billion ≈ $433.11 Million |
+7.88% |
| 2018-12-31 | CN¥2.74 Billion ≈ $401.48 Million |
+21.71% |
| 2017-12-31 | CN¥2.25 Billion ≈ $329.87 Million |
+17.00% |
| 2016-12-31 | CN¥1.93 Billion ≈ $281.93 Million |
+5.54% |
| 2015-12-31 | CN¥1.83 Billion ≈ $267.13 Million |
+6.30% |
| 2014-12-31 | CN¥1.72 Billion ≈ $251.30 Million |
+38.38% |
| 2013-12-31 | CN¥1.24 Billion ≈ $181.60 Million |
+14.69% |
| 2012-12-31 | CN¥1.08 Billion ≈ $158.34 Million |
+21.47% |
| 2011-12-31 | CN¥890.79 Million ≈ $130.35 Million |
+22.48% |
| 2010-12-31 | CN¥727.28 Million ≈ $106.42 Million |
+20.91% |
| 2009-12-31 | CN¥601.51 Million ≈ $88.02 Million |
+32.63% |
| 2008-12-31 | CN¥453.53 Million ≈ $66.37 Million |
+2815.13% |
| 2007-12-31 | CN¥15.56 Million ≈ $2.28 Million |
-23.15% |
| 2006-12-31 | CN¥20.24 Million ≈ $2.96 Million |
-85.02% |
| 2005-12-31 | CN¥135.10 Million ≈ $19.77 Million |
-57.62% |
| 2004-12-31 | CN¥318.77 Million ≈ $46.65 Million |
-44.80% |
| 2003-12-31 | CN¥577.49 Million ≈ $84.50 Million |
+4.12% |
| 2002-12-31 | CN¥554.63 Million ≈ $81.16 Million |
+5.64% |
| 2001-12-31 | CN¥525.01 Million ≈ $76.82 Million |
+2.68% |
| 2000-12-31 | CN¥511.33 Million ≈ $74.82 Million |
+290.24% |
| 1999-12-31 | CN¥131.03 Million ≈ $19.17 Million |
+16.52% |
| 1998-12-31 | CN¥112.45 Million ≈ $16.46 Million |
+168.89% |
| 1997-12-31 | CN¥41.82 Million ≈ $6.12 Million |
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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 1566539982374.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥15.67 Billion | 47.24% |
| Other Components | CN¥17.49 Billion | 52.76% |
| Total Equity | CN¥33.16 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.
| Company | Market Cap |
|---|---|
|
Malion New Materials Co Ltd
SHE:300586
|
$1.58 Billion |
|
Grand City Properties SA
XETRA:GYC
|
$1.58 Billion |
|
China National Electric Apparatus R
SHG:688128
|
$1.58 Billion |
|
Nanfang Pump Industry
SHE:300145
|
$1.58 Billion |
|
Global Brands Manufacture Ltd
TW:6191
|
$1.58 Billion |
|
City Union Bank Limited
NSE:CUB
|
$1.58 Billion |
|
Sonic Automotive Inc
NYSE:SAH
|
$1.58 Billion |
|
Argan SA
PA:ARG
|
$1.58 Billion |
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 2024 to 2025, total equity changed from 31,031,798,000 to 33,159,604,787, a change of 2,127,806,787 (6.9%).
- Net income of 224,809,723 contributed positively to equity growth.
- Dividend payments of 3,176,765,001 reduced retained earnings.
- Other comprehensive income decreased equity by 8,627,663,000.
- Other factors increased equity by 13,707,425,065.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥224.81 Million | +0.68% |
| Dividends Paid | CN¥3.18 Billion | -9.58% |
| Other Comprehensive Income | CN¥-8.63 Billion | -26.02% |
| Other Changes | CN¥13.71 Billion | +41.34% |
| Total Change | CN¥- | 6.86% |
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: 0.33x
- 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 25.25x to 0.33x 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¥2.89 | x |
| 1998-12-31 | CN¥0.31 | CN¥2.89 | x |
| 1999-12-31 | CN¥0.33 | CN¥2.89 | x |
| 2000-12-31 | CN¥1.42 | CN¥2.89 | x |
| 2001-12-31 | CN¥1.46 | CN¥2.89 | x |
| 2002-12-31 | CN¥1.50 | CN¥2.89 | x |
| 2003-12-31 | CN¥1.54 | CN¥2.89 | x |
| 2004-12-31 | CN¥0.84 | CN¥2.89 | x |
| 2005-12-31 | CN¥0.32 | CN¥2.89 | x |
| 2006-12-31 | CN¥0.01 | CN¥2.89 | x |
| 2007-12-31 | CN¥0.00 | CN¥2.89 | x |
| 2008-12-31 | CN¥1.08 | CN¥2.89 | x |
| 2009-12-31 | CN¥1.09 | CN¥2.89 | x |
| 2010-12-31 | CN¥1.31 | CN¥2.89 | x |
| 2011-12-31 | CN¥1.61 | CN¥2.89 | x |
| 2012-12-31 | CN¥1.95 | CN¥2.89 | x |
| 2013-12-31 | CN¥2.24 | CN¥2.89 | x |
| 2014-12-31 | CN¥2.89 | CN¥2.89 | x |
| 2015-12-31 | CN¥2.96 | CN¥2.89 | x |
| 2016-12-31 | CN¥3.13 | CN¥2.89 | x |
| 2017-12-31 | CN¥2.62 | CN¥2.89 | x |
| 2018-12-31 | CN¥3.46 | CN¥2.89 | x |
| 2019-12-31 | CN¥3.22 | CN¥2.89 | x |
| 2020-12-31 | CN¥17.09 | CN¥2.89 | x |
| 2021-12-31 | CN¥5.04 | CN¥2.89 | x |
| 2022-12-31 | CN¥6.37 | CN¥2.89 | x |
| 2023-12-31 | CN¥6.39 | CN¥2.89 | x |
| 2024-12-31 | CN¥8.32 | CN¥2.89 | x |
| 2025-12-31 | CN¥8.87 | CN¥2.89 | 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): 0.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.18%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 10.55x
- Recent ROE (0.68%) is below the historical average (7.46%), suggesting potential challenges in 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 |
| 2025 | 0.68% | 0.18% | 0.37x | 10.55x | CN¥-3.09 Billion |
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: $1,204,651,457
- Average return on equity (ROE) among peers: 7.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd (600248) | CN¥36.37 Billion | 59.38% | 8.12x | $1.58 Billion |
| Shenzhen Ecobeauty Co Ltd (000010) | $659.69 Million | 0.48% | 0.56x | $319.64 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $1.55 Billion | 3.92% | 0.26x | $4.37 Billion |
| NORINCO International Cooperation Ltd (000065) | $132.25 Million | 12.46% | 0.80x | $2.09 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $1.23 Billion | 5.59% | 1.51x | $926.92 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $533.55 Million | 8.70% | 3.07x | $1.14 Billion |
| Jinyuan Cement Co Ltd (000546) | $2.00 Billion | 13.22% | 1.19x | $589.45 Million |
| Hunan Investment Group Co Ltd (000548) | $1.50 Billion | 3.50% | 0.38x | $317.04 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $686.52 Million | 6.80% | 4.78x | $2.77 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $731.58 Million | 7.68% | 0.19x | $524.43 Million |
| Hainan Expressway Co Ltd (000886) | $3.03 Billion | 8.26% | 0.11x | $614.96 Million |
About Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd
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