Changchun Gas Co Ltd

SHG:600333 China Utilities - Regulated Gas
Market Cap
$479.77 Million
CN¥3.52 Billion CNY
Market Cap Rank
#15169 Global
#4046 in China
Share Price
CN¥5.78
Change (1 day)
-2.69%
52-Week Range
CN¥4.16 - CN¥8.00
All Time High
CN¥11.27
Categories
Companies in China Utilities - Regulated Gas
About

Changchun Gas Co,.Ltd produces and sells of natural gas in China. The company offers coal, coke, coal tar, and natural gas products. It is also involved in the power project development, gas management, production and sales of fuel appliances, supply of liquefied gas, coal tar deep processing, gas engineering installation, and engineering material sale activities. In addition, the company produce… Read more

Changchun Gas Co Ltd (600333) - Net Assets

Latest net assets as of September 2025: CN¥1.92 Billion CNY

Based on the latest financial reports, Changchun Gas Co Ltd (600333) has net assets worth CN¥1.92 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¥6.64 Billion) and total liabilities (CN¥4.72 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¥1.92 Billion
% of Total Assets 28.94%
Annual Growth Rate 7.54%
5-Year Change -8.4%
10-Year Change 23.68%
Growth Volatility 27.35

Changchun Gas Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Changchun Gas 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 Changchun Gas Co Ltd (1997–2024)

The table below shows the annual net assets of Changchun Gas Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.98 Billion -0.72%
2023-12-31 CN¥1.99 Billion -3.23%
2022-12-31 CN¥2.06 Billion -4.49%
2021-12-31 CN¥2.16 Billion -0.18%
2020-12-31 CN¥2.16 Billion +1.22%
2019-12-31 CN¥2.13 Billion +0.84%
2018-12-31 CN¥2.12 Billion -3.18%
2017-12-31 CN¥2.19 Billion +33.83%
2016-12-31 CN¥1.63 Billion +2.09%
2015-12-31 CN¥1.60 Billion -17.16%
2014-12-31 CN¥1.93 Billion +0.15%
2013-12-31 CN¥1.93 Billion +35.58%
2012-12-31 CN¥1.42 Billion +0.26%
2011-12-31 CN¥1.42 Billion +1.98%
2010-12-31 CN¥1.39 Billion +6.41%
2009-12-31 CN¥1.31 Billion +6.19%
2008-12-31 CN¥1.23 Billion +3.88%
2007-12-31 CN¥1.19 Billion +5.58%
2006-12-31 CN¥1.12 Billion +2.02%
2005-12-31 CN¥1.10 Billion +0.32%
2004-12-31 CN¥1.10 Billion +16.58%
2003-12-31 CN¥940.96 Million +18.81%
2002-12-31 CN¥792.01 Million +7.69%
2001-12-31 CN¥735.47 Million +12.80%
2000-12-31 CN¥652.01 Million +136.86%
1999-12-31 CN¥275.27 Million +13.20%
1998-12-31 CN¥243.18 Million -12.44%
1997-12-31 CN¥277.71 Million --

Equity Component Analysis

This analysis shows how different components contribute to Changchun Gas 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 1725.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥139.75 Million 7.24%
Common Stock CN¥609.03 Million 31.56%
Other Components CN¥1.18 Billion 61.20%
Total Equity CN¥1.93 Billion 100.00%

Changchun Gas Co Ltd Competitors by Market Cap

The table below lists competitors of Changchun Gas Co Ltd ranked by their market capitalization.

Company Market Cap
National Express Group PLC
PINK:NXPGF
 		$195.31 Million
Crowell Development Corp
TW:2528
 		$195.31 Million
HORNBACH Baumarkt AG
HM:HBM
 		$195.46 Million
Cloud Live Technology Group Co Ltd
SHE:002306
 		$195.55 Million
Guangzhou LBP Medicine Science & Technology Co Ltd
SHG:688393
 		$195.24 Million
REDCENTRIC PLCLS-001
F:6YD
 		$195.21 Million
Aurora Cannabis Inc
NASDAQ:ACB
 		$195.20 Million
Kwangdong Phar
KO:009290
 		$195.19 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,949,257,149 to 1,929,737,967, a change of -19,519,182 (-1.0%).
  • Net loss of 33,156,771 reduced equity.
  • Dividend payments of 87,135,342 reduced retained earnings.
  • Other factors increased equity by 100,772,931.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-33.16 Million -1.72%
Dividends Paid CN¥87.14 Million -4.52%
Other Changes CN¥100.77 Million +5.22%
Total Change CN¥- -1.00%

Book Value vs Market Value Analysis

This analysis compares Changchun Gas 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: 1.99x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 9.51x to 1.99x 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¥0.61 CN¥5.78 x
1998-12-31 CN¥0.53 CN¥5.78 x
1999-12-31 CN¥0.60 CN¥5.78 x
2000-12-31 CN¥1.43 CN¥5.78 x
2001-12-31 CN¥1.58 CN¥5.78 x
2002-12-31 CN¥1.70 CN¥5.78 x
2003-12-31 CN¥2.03 CN¥5.78 x
2004-12-31 CN¥2.37 CN¥5.78 x
2005-12-31 CN¥2.38 CN¥5.78 x
2006-12-31 CN¥2.43 CN¥5.78 x
2007-12-31 CN¥2.58 CN¥5.78 x
2008-12-31 CN¥2.55 CN¥5.78 x
2009-12-31 CN¥2.73 CN¥5.78 x
2010-12-31 CN¥2.94 CN¥5.78 x
2011-12-31 CN¥3.09 CN¥5.78 x
2012-12-31 CN¥2.70 CN¥5.78 x
2013-12-31 CN¥3.47 CN¥5.78 x
2014-12-31 CN¥3.79 CN¥5.78 x
2015-12-31 CN¥2.98 CN¥5.78 x
2016-12-31 CN¥3.08 CN¥5.78 x
2017-12-31 CN¥3.86 CN¥5.78 x
2018-12-31 CN¥3.28 CN¥5.78 x
2019-12-31 CN¥3.46 CN¥5.78 x
2020-12-31 CN¥3.49 CN¥5.78 x
2021-12-31 CN¥3.47 CN¥5.78 x
2022-12-31 CN¥3.31 CN¥5.78 x
2023-12-31 CN¥3.17 CN¥5.78 x
2024-12-31 CN¥2.91 CN¥5.78 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Changchun Gas 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): -1.72%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.44%
  • • Asset Turnover: 0.33x
  • • Equity Multiplier: 3.58x
  • Recent ROE (-1.72%) is below the historical average (3.84%), 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 0.53% 1.62% 0.24x 1.35x CN¥-26.29 Million
1998 7.90% 12.83% 0.27x 2.24x CN¥-5.11 Million
1999 11.66% 11.75% 0.58x 1.72x CN¥4.57 Million
2000 6.68% 15.62% 0.33x 1.29x CN¥-21.64 Million
2001 11.58% 20.57% 0.39x 1.46x CN¥11.42 Million
2002 11.58% 20.14% 0.39x 1.48x CN¥12.29 Million
2003 15.76% 18.93% 0.56x 1.48x CN¥53.50 Million
2004 19.70% 19.32% 0.73x 1.40x CN¥105.01 Million
2005 5.99% 5.13% 0.77x 1.53x CN¥-43.57 Million
2006 5.96% 5.87% 0.72x 1.41x CN¥-44.86 Million
2007 6.99% 6.16% 0.74x 1.54x CN¥-34.93 Million
2008 7.44% 4.85% 0.98x 1.56x CN¥-30.79 Million
2009 5.86% 4.60% 0.84x 1.52x CN¥-52.83 Million
2010 6.12% 4.67% 0.76x 1.73x CN¥-52.82 Million
2011 5.18% 3.97% 0.70x 1.87x CN¥-66.85 Million
2012 0.74% 0.60% 0.59x 2.10x CN¥-129.44 Million
2013 2.02% 2.18% 0.47x 1.98x CN¥-151.11 Million
2014 1.06% 1.22% 0.37x 2.31x CN¥-169.90 Million
2015 -20.77% -21.60% 0.32x 3.02x CN¥-484.41 Million
2016 3.89% 4.82% 0.25x 3.18x CN¥-98.39 Million
2017 2.59% 3.86% 0.27x 2.48x CN¥-161.37 Million
2018 -3.35% -4.46% 0.28x 2.70x CN¥-278.73 Million
2019 0.46% 0.55% 0.31x 2.65x CN¥-200.86 Million
2020 0.77% 1.05% 0.28x 2.64x CN¥-195.99 Million
2021 1.16% 1.36% 0.31x 2.73x CN¥-187.07 Million
2022 -4.87% -5.19% 0.31x 3.00x CN¥-300.23 Million
2023 -3.47% -2.93% 0.34x 3.53x CN¥-262.65 Million
2024 -1.72% -1.44% 0.33x 3.58x CN¥-226.13 Million

Industry Comparison

This section compares Changchun Gas Co Ltd's net assets metrics with peer companies in the Utilities - Regulated Gas industry.

Industry Context

  • Industry: Utilities - Regulated Gas
  • Average net assets among peers: $7,725,097,837
  • Average return on equity (ROE) among peers: 10.32%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Changchun Gas Co Ltd (600333) CN¥1.92 Billion 0.53% 2.46x $195.28 Million
Delong Composite Energy Group Co Ltd (000593) $933.66 Million 2.04% 1.10x $640.94 Million
Shaanxi Meineng Clean Energy Corp. Ltd. A (001299) $1.30 Billion 6.72% 0.36x $107.48 Million
Xinjiang Haoyuan Natural Gas Co Ltd (002700) $147.90 Million 32.85% 1.37x $173.30 Million
Foran Energy Group Co Ltd (002911) $745.57 Million 24.41% 1.42x $412.45 Million
Top Resource Conservation Engineering Co Ltd (300332) $3.54 Billion 0.30% 1.22x $507.68 Million
Sichuan Qiaoyuan Gas Co.Ltd (301286) $1.75 Billion 8.51% 0.14x $247.05 Million
Shanghai DaZhong Public Utilities Group Co Ltd (600635) $1.16 Billion 10.61% 0.49x $1.87 Billion
Bestsun Energy Co Ltd (600681) $-593.14 Million 0.00% 0.00x $86.89 Million
ENN Ecological Holdings Co Ltd (600803) $60.54 Billion 7.42% 1.19x $2.55 Billion