Henan Dayou Energy Co Ltd

SHG:600403 China Thermal Coal
Market Cap
$2.24 Billion
CN¥16.40 Billion CNY
Market Cap Rank
#12588 Global
#3135 in China
Share Price
CN¥6.86
Change (1 day)
-0.15%
52-Week Range
CN¥3.24 - CN¥11.15
All Time High
CN¥11.15
Categories
Companies in China Thermal Coal
About

Henan Dayou Energy Co., Ltd engages in raw coal mining activities in China. It is involved in mining, washing, processing, and wholesale of coal. The company offers long flame, coking, lean, washed clean, and gas coal for use in various industries, including power generation, coal chemical, industrial boilers, coking, building materials, and other industries. It also provides coal transportation … Read more

Henan Dayou Energy Co Ltd (600403) - Net Assets

Latest net assets as of September 2025: CN¥5.25 Billion CNY

Based on the latest financial reports, Henan Dayou Energy Co Ltd (600403) has net assets worth CN¥5.25 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¥19.72 Billion) and total liabilities (CN¥14.47 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¥5.25 Billion
% of Total Assets 26.64%
Annual Growth Rate 24.85%
5-Year Change 5.17%
10-Year Change -26.13%
Growth Volatility 160.46

Henan Dayou Energy Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Henan Dayou Energy 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 Henan Dayou Energy Co Ltd (2000–2024)

The table below shows the annual net assets of Henan Dayou Energy Co Ltd from 2000 to 2024.

Year Net Assets Change
2024-12-31 CN¥6.37 Billion -13.88%
2023-12-31 CN¥7.40 Billion -14.55%
2022-12-31 CN¥8.66 Billion +12.68%
2021-12-31 CN¥7.68 Billion +26.82%
2020-12-31 CN¥6.06 Billion -16.05%
2019-12-31 CN¥7.21 Billion -15.70%
2018-12-31 CN¥8.56 Billion +22.26%
2017-12-31 CN¥7.00 Billion +5.40%
2016-12-31 CN¥6.64 Billion -22.98%
2015-12-31 CN¥8.62 Billion -15.00%
2014-12-31 CN¥10.14 Billion -5.15%
2013-12-31 CN¥10.70 Billion +3.73%
2012-12-31 CN¥10.31 Billion +94.05%
2011-12-31 CN¥5.31 Billion +693.96%
2010-12-31 CN¥669.29 Million +76.16%
2009-12-31 CN¥379.94 Million +9.46%
2008-12-31 CN¥347.10 Million +15.29%
2007-12-31 CN¥301.07 Million +8.51%
2006-12-31 CN¥277.47 Million +1.23%
2005-12-31 CN¥274.10 Million +5.46%
2004-12-31 CN¥259.92 Million +4.04%
2003-12-31 CN¥249.82 Million +440.05%
2002-12-31 CN¥46.26 Million +3.77%
2001-12-31 CN¥44.58 Million +44.01%
2000-12-31 CN¥30.96 Million --

Equity Component Analysis

This analysis shows how different components contribute to Henan Dayou 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 236119961600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.36 Billion 41.67%
Common Stock CN¥2.39 Billion 42.20%
Other Comprehensive Income CN¥914.03 Million 16.13%
Total Equity CN¥5.67 Billion 100.00%

Henan Dayou Energy Co Ltd Competitors by Market Cap

The table below lists competitors of Henan Dayou Energy Co Ltd ranked by their market capitalization.

Company Market Cap
YIFILASER ORD A (SHH) EQSW Exp:
SHG:688646
 		$315.09 Million
Fulgent Genetics Inc
NASDAQ:FLGT
 		$315.12 Million
POTBELLY - Frankfurt Stock Exchang
F:PTB
 		$315.15 Million
China Aviation Oil (Singapore) Corporation Ltd
F:VZ8
 		$315.20 Million
Santana Minerals Ltd
AU:SMI
 		$314.98 Million
Vina Technology Co. Ltd.
KQ:126340
 		$314.91 Million
Xingtong Shipping Co. Ltd.
SHG:603209
 		$314.80 Million
Latham Group Inc
NASDAQ:SWIM
 		$314.72 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,726,843,163 to 5,666,044,137, a change of -1,060,799,026 (-15.8%).
  • Net loss of 1,091,220,205 reduced equity.
  • Dividend payments of 253,533,766 reduced retained earnings.
  • Other comprehensive income increased equity by 30,421,185.
  • Other factors increased equity by 253,533,760.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-1.09 Billion -19.26%
Dividends Paid CN¥253.53 Million -4.47%
Other Comprehensive Income CN¥30.42 Million +0.54%
Other Changes CN¥253.53 Million +4.47%
Total Change CN¥- -15.77%

Book Value vs Market Value Analysis

This analysis compares Henan Dayou 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: 2.89x
  • 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 56.54x to 2.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CN¥0.12 CN¥6.86 x
2001-12-31 CN¥0.17 CN¥6.86 x
2002-12-31 CN¥0.18 CN¥6.86 x
2003-12-31 CN¥0.98 CN¥6.86 x
2004-12-31 CN¥1.01 CN¥6.86 x
2005-12-31 CN¥1.03 CN¥6.86 x
2006-12-31 CN¥1.01 CN¥6.86 x
2007-12-31 CN¥1.04 CN¥6.86 x
2008-12-31 CN¥1.11 CN¥6.86 x
2009-12-31 CN¥1.20 CN¥6.86 x
2010-12-31 CN¥1.25 CN¥6.86 x
2011-12-31 CN¥2.05 CN¥6.86 x
2012-12-31 CN¥4.19 CN¥6.86 x
2013-12-31 CN¥4.35 CN¥6.86 x
2014-12-31 CN¥4.46 CN¥6.86 x
2015-12-31 CN¥3.56 CN¥6.86 x
2016-12-31 CN¥2.76 CN¥6.86 x
2017-12-31 CN¥2.94 CN¥6.86 x
2018-12-31 CN¥3.56 CN¥6.86 x
2019-12-31 CN¥2.87 CN¥6.86 x
2020-12-31 CN¥2.64 CN¥6.86 x
2021-12-31 CN¥3.04 CN¥6.86 x
2022-12-31 CN¥3.33 CN¥6.86 x
2023-12-31 CN¥2.81 CN¥6.86 x
2024-12-31 CN¥2.37 CN¥6.86 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Henan Dayou 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): -19.26%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -22.13%
  • • Asset Turnover: 0.24x
  • • Equity Multiplier: 3.62x
  • Recent ROE (-19.26%) is below the historical average (22.07%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 46.46% 24.51% 1.11x 1.71x CN¥11.29 Million
2001 30.56% 13.62% 1.32x 1.70x CN¥9.16 Million
2002 30.10% 13.86% 0.98x 2.21x CN¥9.30 Million
2003 4.76% 6.83% 0.54x 1.29x CN¥-13.04 Million
2004 3.26% 3.21% 0.65x 1.56x CN¥-17.33 Million
2005 1.75% 1.89% 0.58x 1.59x CN¥-21.61 Million
2006 2.04% 2.45% 0.73x 1.14x CN¥-20.60 Million
2007 2.20% 3.05% 0.56x 1.29x CN¥-20.76 Million
2008 4.58% 4.39% 0.72x 1.45x CN¥-15.38 Million
2009 7.17% 6.78% 0.67x 1.58x CN¥-8.65 Million
2010 369.37% 13.54% 12.29x 2.22x CN¥1.15 Billion
2011 52.22% 27.25% 0.89x 2.15x CN¥2.05 Billion
2012 17.89% 13.97% 0.77x 1.65x CN¥789.21 Million
2013 11.50% 10.69% 0.72x 1.49x CN¥155.48 Million
2014 1.12% 1.48% 0.46x 1.64x CN¥-874.60 Million
2015 -15.17% -27.86% 0.30x 1.83x CN¥-2.14 Billion
2016 -29.67% -37.88% 0.36x 2.20x CN¥-2.62 Billion
2017 6.83% 7.03% 0.42x 2.34x CN¥-223.14 Million
2018 7.64% 8.28% 0.45x 2.04x CN¥-200.75 Million
2019 1.04% 1.30% 0.32x 2.51x CN¥-658.88 Million
2020 -14.74% -13.61% 0.37x 2.90x CN¥-1.56 Billion
2021 17.74% 16.29% 0.37x 2.97x CN¥562.21 Million
2022 19.54% 18.10% 0.39x 2.80x CN¥759.02 Million
2023 -7.15% -8.27% 0.28x 3.11x CN¥-1.15 Billion
2024 -19.26% -22.13% 0.24x 3.62x CN¥-1.66 Billion

Industry Comparison

This section compares Henan Dayou 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: $22,811,956,913
  • Average return on equity (ROE) among peers: 9.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Henan Dayou Energy Co Ltd (600403) CN¥5.25 Billion 46.46% 2.75x $315.07 Million
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) $8.53 Billion 5.22% 0.59x $938.82 Million
Jizhong Energy Resources Co Ltd (000937) $21.58 Billion 4.04% 1.12x $764.87 Million
Shanxi Xishan Coal and Electricity Power Co Ltd (000983) $21.74 Billion 9.00% 2.25x $2.14 Billion
Shaanxi Energy Investment Co Ltd. A (001286) $16.82 Billion 3.13% 1.82x $1.47 Billion
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) $5.68 Billion 27.66% 0.58x $3.79 Billion
Guangzhou Development Group Inc (600098) $20.53 Billion 3.92% 1.06x $902.01 Million
Zhengzhou Coal Industry & Electric Power Co Ltd (600121) $1.26 Billion 9.39% 0.42x $432.36 Million
Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) $7.12 Billion 18.46% 0.91x $789.37 Million
Wintime Energy Co Ltd (600157) $47.58 Billion 4.01% 1.18x $4.69 Billion
Yankuang Energy Group Co Ltd (600188) $77.28 Billion 9.40% 1.52x $13.64 Billion