Shanxi Antai Group Co Ltd Net Assets
Shanxi Antai Group Co Ltd net assets. Based on the latest financial reports, Shanxi Antai Group Co Ltd (600408) has net assets worth CN¥1.19 Billion CNY (≈ $173.76 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¥4.26 Billion ≈ $623.38 Million USD) and total liabilities (CN¥3.07 Billion ≈ $449.62 Million 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 Shanxi Antai Group Co Ltd (600408) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.19 Billion |
| % of Total Assets | 27.87% |
| Annual Growth Rate | 8.48% |
| 5-Year Change | -55.21% |
| 10-Year Change | 26.02% |
| Growth Volatility | 44.0 |
Net Assets of Shanxi Antai Group Co Ltd (1999–2025)
Net assets of Shanxi Antai Group Co Ltd from 1999 to 2025. This chart illustrates how Shanxi Antai Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Shanxi Antai Group Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Shanxi Antai Group Co Ltd (1999–2025)
The table below shows the annual net assets of Shanxi Antai Group Co Ltd from 1999 to 2025. For live market cap and overall valuation, see Shanxi Antai Group Co Ltd (600408) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.26 Billion ≈ $184.59 Million |
-19.76% |
| 2024-12-31 | CN¥1.57 Billion ≈ $230.05 Million |
-14.89% |
| 2023-12-31 | CN¥1.85 Billion ≈ $270.29 Million |
-26.89% |
| 2022-12-31 | CN¥2.53 Billion ≈ $369.70 Million |
-10.29% |
| 2021-12-31 | CN¥2.82 Billion ≈ $412.11 Million |
+10.59% |
| 2020-12-31 | CN¥2.55 Billion ≈ $372.63 Million |
+30.54% |
| 2019-12-31 | CN¥1.95 Billion ≈ $285.46 Million |
+30.52% |
| 2018-12-31 | CN¥1.49 Billion ≈ $218.72 Million |
+104.74% |
| 2017-12-31 | CN¥730.03 Million ≈ $106.83 Million |
-27.07% |
| 2016-12-31 | CN¥1.00 Billion ≈ $146.48 Million |
-37.50% |
| 2015-12-31 | CN¥1.60 Billion ≈ $234.36 Million |
-19.35% |
| 2014-12-31 | CN¥1.99 Billion ≈ $290.61 Million |
-30.04% |
| 2013-12-31 | CN¥2.84 Billion ≈ $415.37 Million |
-11.32% |
| 2012-12-31 | CN¥3.20 Billion ≈ $468.39 Million |
+0.82% |
| 2011-12-31 | CN¥3.17 Billion ≈ $464.57 Million |
+8.14% |
| 2010-12-31 | CN¥2.94 Billion ≈ $429.61 Million |
-0.41% |
| 2009-12-31 | CN¥2.95 Billion ≈ $431.39 Million |
+21.26% |
| 2008-12-31 | CN¥2.43 Billion ≈ $355.76 Million |
-8.11% |
| 2007-12-31 | CN¥2.65 Billion ≈ $387.16 Million |
+109.11% |
| 2006-12-31 | CN¥1.27 Billion ≈ $185.15 Million |
+11.26% |
| 2005-12-31 | CN¥1.14 Billion ≈ $166.42 Million |
+13.14% |
| 2004-12-31 | CN¥1.01 Billion ≈ $147.09 Million |
+45.28% |
| 2003-12-31 | CN¥691.87 Million ≈ $101.24 Million |
+148.00% |
| 2002-12-31 | CN¥278.98 Million ≈ $40.82 Million |
+20.76% |
| 2001-12-31 | CN¥231.02 Million ≈ $33.80 Million |
+15.03% |
| 2000-12-31 | CN¥200.83 Million ≈ $29.39 Million |
+32.14% |
| 1999-12-31 | CN¥151.98 Million ≈ $22.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanxi Antai Group 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 decreased by 3743.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Shanxi Antai Group Co Ltd Net Assets Breakdown (December 2025)
Shanxi Antai Group Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.84 Billion | 235.39% |
| Total Equity | CN¥1.21 Billion | 100.00% |
Shanxi Antai Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shanxi Antai Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gravity Co Ltd
NASDAQ:GRVY
|
$480.45 Million |
|
Aris Water Solutions Inc
NYSE:ARIS
|
$480.59 Million |
|
Hunan Huamin Holdings Co Ltd
SHE:300345
|
$480.63 Million |
|
IEI Integration Corp
TW:3022
|
$480.71 Million |
|
Zhejiang Mtcn Technology Co Ltd
SHE:003026
|
$480.25 Million |
|
Carter Bank and Trust
NASDAQ:CARE
|
$480.17 Million |
|
TaiMed Biologics
TWO:4147
|
$480.16 Million |
|
Yantai Longyuan Power Tech
SHE:300105
|
$480.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanxi Antai Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,513,398,340 to 1,207,749,513, a change of -305,648,827 (-20.2%).
- Net loss of 299,724,631 reduced equity.
- Dividend payments of 43,201,119 reduced retained earnings.
- Other comprehensive income decreased equity by 170,815,530.
- Other factors increased equity by 208,092,453.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-299.72 Million | -24.82% |
| Dividends Paid | CN¥43.20 Million | -3.58% |
| Other Comprehensive Income | CN¥-170.82 Million | -14.14% |
| Other Changes | CN¥208.09 Million | +17.23% |
| Total Change | CN¥- | -20.20% |
Book Value vs Market Value Analysis
This analysis compares Shanxi Antai Group 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: 2.72x
- 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 15.32x to 2.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | CN¥0.21 | CN¥3.26 | x |
| 2000-12-31 | CN¥0.27 | CN¥3.26 | x |
| 2001-12-31 | CN¥0.33 | CN¥3.26 | x |
| 2002-12-31 | CN¥0.39 | CN¥3.26 | x |
| 2003-12-31 | CN¥0.99 | CN¥3.26 | x |
| 2004-12-31 | CN¥1.28 | CN¥3.26 | x |
| 2005-12-31 | CN¥1.41 | CN¥3.26 | x |
| 2006-12-31 | CN¥1.56 | CN¥3.26 | x |
| 2007-12-31 | CN¥5.77 | CN¥3.26 | x |
| 2008-12-31 | CN¥1.84 | CN¥3.26 | x |
| 2009-12-31 | CN¥3.08 | CN¥3.26 | x |
| 2010-12-31 | CN¥2.80 | CN¥3.26 | x |
| 2011-12-31 | CN¥2.37 | CN¥3.26 | x |
| 2012-12-31 | CN¥2.41 | CN¥3.26 | x |
| 2013-12-31 | CN¥2.15 | CN¥3.26 | x |
| 2014-12-31 | CN¥1.50 | CN¥3.26 | x |
| 2015-12-31 | CN¥1.63 | CN¥3.26 | x |
| 2016-12-31 | CN¥0.96 | CN¥3.26 | x |
| 2017-12-31 | CN¥0.68 | CN¥3.26 | x |
| 2018-12-31 | CN¥1.48 | CN¥3.26 | x |
| 2019-12-31 | CN¥1.92 | CN¥3.26 | x |
| 2020-12-31 | CN¥2.53 | CN¥3.26 | x |
| 2021-12-31 | CN¥2.79 | CN¥3.26 | x |
| 2022-12-31 | CN¥2.50 | CN¥3.26 | x |
| 2023-12-31 | CN¥1.83 | CN¥3.26 | x |
| 2024-12-31 | CN¥1.50 | CN¥3.26 | x |
| 2025-12-31 | CN¥1.20 | CN¥3.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanxi Antai Group 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): -24.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.01%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 3.43x
- Recent ROE (-24.82%) is below the historical average (-1.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 19.04% | 8.07% | 0.44x | 5.34x | CN¥13.39 Million |
| 2000 | 20.31% | 6.32% | 1.01x | 3.17x | CN¥19.42 Million |
| 2001 | 17.96% | 6.09% | 0.93x | 3.16x | CN¥18.05 Million |
| 2002 | 17.29% | 6.93% | 0.79x | 3.17x | CN¥19.99 Million |
| 2003 | 10.41% | 7.33% | 0.51x | 2.77x | CN¥2.79 Million |
| 2004 | 22.52% | 11.00% | 0.62x | 3.31x | CN¥111.40 Million |
| 2005 | 14.55% | 6.92% | 0.58x | 3.60x | CN¥44.80 Million |
| 2006 | 13.48% | 5.43% | 0.78x | 3.20x | CN¥38.15 Million |
| 2007 | 9.36% | 5.94% | 0.79x | 2.00x | CN¥-15.46 Million |
| 2008 | 0.54% | 0.19% | 1.21x | 2.37x | CN¥-210.84 Million |
| 2009 | -14.96% | -11.08% | 0.56x | 2.41x | CN¥-691.30 Million |
| 2010 | 1.43% | 0.80% | 0.73x | 2.45x | CN¥-237.76 Million |
| 2011 | -16.00% | -6.95% | 0.75x | 3.05x | CN¥-622.19 Million |
| 2012 | 1.27% | 0.59% | 0.71x | 3.02x | CN¥-211.54 Million |
| 2013 | -11.15% | -5.42% | 0.59x | 3.47x | CN¥-460.87 Million |
| 2014 | -45.33% | -20.26% | 0.43x | 5.17x | CN¥-830.40 Million |
| 2015 | 2.45% | 1.60% | 0.36x | 4.28x | CN¥-116.73 Million |
| 2016 | -60.31% | -17.19% | 0.52x | 6.71x | CN¥-678.45 Million |
| 2017 | -41.26% | -4.46% | 1.16x | 8.00x | CN¥-350.26 Million |
| 2018 | 54.95% | 9.30% | 1.69x | 3.50x | CN¥670.99 Million |
| 2019 | 23.44% | 4.78% | 1.68x | 2.92x | CN¥261.96 Million |
| 2020 | 13.09% | 3.79% | 1.58x | 2.19x | CN¥78.50 Million |
| 2021 | 10.07% | 2.18% | 2.46x | 1.87x | CN¥2.06 Million |
| 2022 | -11.79% | -2.34% | 2.44x | 2.07x | CN¥-549.01 Million |
| 2023 | -36.83% | -6.77% | 2.01x | 2.70x | CN¥-861.74 Million |
| 2024 | -22.13% | -5.02% | 1.45x | 3.04x | CN¥-486.30 Million |
| 2025 | -24.82% | -6.01% | 1.20x | 3.43x | CN¥-420.50 Million |
Industry Comparison
This section compares Shanxi Antai Group Co Ltd's net assets metrics with peer companies in the Coking Coal industry.
Industry Context
- Industry: Coking Coal
- Average net assets among peers: $2,601,747,534
- Average return on equity (ROE) among peers: 2.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanxi Antai Group Co Ltd (600408) | CN¥1.19 Billion | 19.04% | 2.59x | $480.28 Million |
| Shandong Jinling Mining Co Ltd (000655) | $117.60 Million | 11.16% | 1.41x | $550.58 Million |
| Shanxi Meijin Energy Co Ltd (000723) | $525.81 Million | 3.61% | 0.77x | $2.06 Billion |
| Anyuan Coal Industry Group Co Ltd (600397) | $821.84 Million | 6.18% | 0.80x | $1.79 Billion |
| ShanXi Coking Co Ltd (600740) | $728.87 Million | 6.41% | 1.78x | $1.33 Billion |
| Fujian Oriental Silver Star Investment Co Ltd (600753) | $257.14 Million | 8.29% | 1.32x | $394.30 Million |
| Yunnan Coal & Energy Co Ltd (600792) | $190.68 Million | -26.11% | 4.00x | $613.94 Million |
| Kailuan Energy Chemical Co Ltd (600997) | $15.29 Billion | 5.34% | 0.77x | $1.25 Billion |
| Baotailong New Materials Co Ltd (601011) | $2.88 Billion | 7.37% | 0.61x | $709.21 Million |
About Shanxi Antai Group Co Ltd
Shanxi Antai Group Co.,Ltd engages in the production and sale of coke and steel products in China. The company offers h-beams; coke products; and ferrous sulfate, sulfur paste, and other chemical products; as well as process and generates power. It is also involved in the steel section business, as well as manufactures and sale coal washing, coke, pig iron, cement, and electrical products. The co… Read more