Henan Dayou Energy Co Ltd Net Assets

Latest as of June 2026: CN¥3.69 Billion CNY ≈ $539.53 Million USD

Henan Dayou Energy Co Ltd net assets. Based on the latest financial reports, Henan Dayou Energy Co Ltd (600403) has net assets worth CN¥3.69 Billion CNY (≈ $539.53 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥19.34 Billion ≈ $2.83 Billion USD) and total liabilities (CN¥15.65 Billion ≈ $2.29 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. Also explore 600403 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.69 Billion
% of Total Assets	19.06%
Annual Growth Rate	21.82%
5-Year Change	-43.95%
10-Year Change	-35.18%
Growth Volatility	158.18

Net Assets of Henan Dayou Energy Co Ltd (2000–2025)

Net assets of Henan Dayou Energy Co Ltd from 2000 to 2025. This chart illustrates how Henan Dayou Energy Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600403 equity financing ratio to measure how much of total assets are equity-financed.

Annual Net Assets for Henan Dayou Energy Co Ltd (2000–2025)

The table below shows the annual net assets of Henan Dayou Energy Co Ltd from 2000 to 2025. For live market cap and overall valuation, see market cap of Henan Dayou Energy Co Ltd.

Year	Net Assets	Change
2025-12-31	CN¥4.30 Billion ≈ $629.95 Million	-32.41%
2024-12-31	CN¥6.37 Billion ≈ $932.06 Million	-13.88%
2023-12-31	CN¥7.40 Billion ≈ $1.08 Billion	-14.55%
2022-12-31	CN¥8.66 Billion ≈ $1.27 Billion	+12.68%
2021-12-31	CN¥7.68 Billion ≈ $1.12 Billion	+26.82%
2020-12-31	CN¥6.06 Billion ≈ $886.24 Million	-16.05%
2019-12-31	CN¥7.21 Billion ≈ $1.06 Billion	-15.70%
2018-12-31	CN¥8.56 Billion ≈ $1.25 Billion	+22.26%
2017-12-31	CN¥7.00 Billion ≈ $1.02 Billion	+5.40%
2016-12-31	CN¥6.64 Billion ≈ $971.78 Million	-22.98%
2015-12-31	CN¥8.62 Billion ≈ $1.26 Billion	-15.00%
2014-12-31	CN¥10.14 Billion ≈ $1.48 Billion	-5.15%
2013-12-31	CN¥10.70 Billion ≈ $1.57 Billion	+3.73%
2012-12-31	CN¥10.31 Billion ≈ $1.51 Billion	+94.05%
2011-12-31	CN¥5.31 Billion ≈ $777.59 Million	+693.96%
2010-12-31	CN¥669.29 Million ≈ $97.94 Million	+76.16%
2009-12-31	CN¥379.94 Million ≈ $55.60 Million	+9.46%
2008-12-31	CN¥347.10 Million ≈ $50.79 Million	+15.29%
2007-12-31	CN¥301.07 Million ≈ $44.06 Million	+8.51%
2006-12-31	CN¥277.47 Million ≈ $40.60 Million	+1.23%
2005-12-31	CN¥274.10 Million ≈ $40.11 Million	+5.46%
2004-12-31	CN¥259.92 Million ≈ $38.03 Million	+4.04%
2003-12-31	CN¥249.82 Million ≈ $36.56 Million	+440.05%
2002-12-31	CN¥46.26 Million ≈ $6.77 Million	+3.77%
2001-12-31	CN¥44.58 Million ≈ $6.52 Million	+44.01%
2000-12-31	CN¥30.96 Million ≈ $4.53 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 34511197632.0% over the analyzed period, indicating profitable operations and earnings retention.

Henan Dayou Energy Co Ltd Net Assets Breakdown (December 2025)

Henan Dayou Energy Co Ltd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	CN¥345.11 Million	9.40%
Other Components	CN¥3.33 Billion	90.60%
Total Equity	CN¥3.67 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
City Holding Company NASDAQ:CHCO	$1.99 Billion
Xinhua Winshare Publishing and Media Co Ltd SHG:601811	$1.99 Billion
NRW Holdings Limited F:3NR	$1.99 Billion
WK Kellogg Co NYSE:KLG	$1.99 Billion
Stora Enso Oyj A HE:STEAV	$1.99 Billion
Hanwha Life KO:088350	$1.99 Billion
Shenzhen Sed Industry Co Ltd SHE:000032	$1.98 Billion
Great Wall Motor Company Limited F:GRV	$1.98 Billion

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 2024 to 2025, total equity changed from 5,666,044,137 to 3,673,354,501, a change of -1,992,689,636 (-35.2%).
Net loss of 2,016,087,640 reduced equity.
Dividend payments of 207,130,331 reduced retained earnings.
Other comprehensive income decreased equity by 914,032,119.
Other factors increased equity by 1,144,560,453.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-2.02 Billion	-54.88%
Dividends Paid	CN¥207.13 Million	-5.64%
Other Comprehensive Income	CN¥-914.03 Million	-24.88%
Other Changes	CN¥1.14 Billion	+31.16%
Total Change	CN¥-	-35.17%

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: 3.70x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 46.82x to 3.70x 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¥5.68	x
2001-12-31	CN¥0.17	CN¥5.68	x
2002-12-31	CN¥0.18	CN¥5.68	x
2003-12-31	CN¥0.98	CN¥5.68	x
2004-12-31	CN¥1.01	CN¥5.68	x
2005-12-31	CN¥1.03	CN¥5.68	x
2006-12-31	CN¥1.01	CN¥5.68	x
2007-12-31	CN¥1.04	CN¥5.68	x
2008-12-31	CN¥1.11	CN¥5.68	x
2009-12-31	CN¥1.20	CN¥5.68	x
2010-12-31	CN¥1.25	CN¥5.68	x
2011-12-31	CN¥2.05	CN¥5.68	x
2012-12-31	CN¥4.19	CN¥5.68	x
2013-12-31	CN¥4.35	CN¥5.68	x
2014-12-31	CN¥4.46	CN¥5.68	x
2015-12-31	CN¥3.56	CN¥5.68	x
2016-12-31	CN¥2.76	CN¥5.68	x
2017-12-31	CN¥2.94	CN¥5.68	x
2018-12-31	CN¥3.56	CN¥5.68	x
2019-12-31	CN¥2.87	CN¥5.68	x
2020-12-31	CN¥2.64	CN¥5.68	x
2021-12-31	CN¥3.04	CN¥5.68	x
2022-12-31	CN¥3.33	CN¥5.68	x
2023-12-31	CN¥2.81	CN¥5.68	x
2024-12-31	CN¥2.37	CN¥5.68	x
2025-12-31	CN¥1.54	CN¥5.68	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): -54.88%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -49.03%
• Asset Turnover: 0.21x
• Equity Multiplier: 5.27x
Recent ROE (-54.88%) is below the historical average (19.11%), 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
2025	-54.88%	-49.03%	0.21x	5.27x	CN¥-2.38 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: $16,305,979,060
Average return on equity (ROE) among peers: 7.15%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Henan Dayou Energy Co Ltd (600403)	CN¥3.69 Billion	46.46%	4.25x	$1.99 Billion
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552)	$6.28 Billion	3.53%	0.44x	$1.83 Billion
Jizhong Energy Resources Co Ltd (000937)	$20.82 Billion	5.11%	1.20x	$2.20 Billion
Shanxi Xishan Coal and Electricity Power Co Ltd (000983)	$21.74 Billion	9.00%	2.26x	$5.25 Billion
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128)	$12.36 Billion	16.42%	0.43x	$8.97 Billion
Guangzhou Development Group Inc (600098)	$19.25 Billion	3.52%	1.00x	$3.53 Billion
Zhengzhou Coal Industry & Electric Power Co Ltd (600121)	$3.71 Billion	-16.92%	1.88x	$766.66 Million
Shanxi Lanhua Sci-Tech Venture Co Ltd (600123)	$5.89 Billion	21.58%	0.97x	$1.31 Billion
Wintime Energy Co Ltd (600157)	$598.88 Million	3.62%	2.25x	$4.44 Billion
Yankuang Energy Group Co Ltd (600188)	$47.99 Billion	11.17%	1.53x	$14.62 Billion
Shan XI Hua Yang Group New Energy Co Ltd (600348)	$24.42 Billion	14.46%	1.71x	$4.43 Billion

About Henan Dayou Energy Co Ltd

SHG:600403 China Thermal Coal

Market Cap

$1.99 Billion

CN¥13.58 Billion CNY

Market Cap Rank

#5969 Global

#1111 in China

Share Price

CN¥5.68

Change (1 day)

-0.18%

52-Week Range

CN¥4.65 - CN¥11.15

All Time High

CN¥11.15