Shanghai Datun Energy Resources Co Ltd

SHG:600508 China Thermal Coal
Market Cap
$1.36 Billion
CN¥9.97 Billion CNY
Market Cap Rank
#10293 Global
#2251 in China
Share Price
CN¥13.79
Change (1 day)
-1.29%
52-Week Range
CN¥10.94 - CN¥14.42
All Time High
CN¥21.08
About

Shanghai Datun Energy Resources Co., Ltd. engages in the production and sale of coal in China. It operates through three segments: Coal, Power, and Aluminum Products. The company offers coking coal, gas coal, gas fertilizer coal, clean coal, washed mixed middlings, mixed fine coal, and thermal coal. It produces electricity; and operates railway line for coal transportation. In addition, the compa… Read more

Shanghai Datun Energy Resources Co Ltd (600508) - Net Assets

Latest net assets as of September 2025: CN¥12.71 Billion CNY

Based on the latest financial reports, Shanghai Datun Energy Resources Co Ltd (600508) has net assets worth CN¥12.71 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¥19.38 Billion) and total liabilities (CN¥6.67 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¥12.71 Billion
% of Total Assets 65.57%
Annual Growth Rate 16.03%
5-Year Change 23.9%
10-Year Change 50.87%
Growth Volatility 38.52

Shanghai Datun Energy Resources Co Ltd - Net Assets Trend (1998–2024)

This chart illustrates how Shanghai Datun Energy Resources 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 Shanghai Datun Energy Resources Co Ltd (1998–2024)

The table below shows the annual net assets of Shanghai Datun Energy Resources Co Ltd from 1998 to 2024.

Year Net Assets Change
2024-12-31 CN¥12.76 Billion +1.20%
2023-12-31 CN¥12.61 Billion +3.91%
2022-12-31 CN¥12.14 Billion +15.30%
2021-12-31 CN¥10.53 Billion +2.19%
2020-12-31 CN¥10.30 Billion +3.69%
2019-12-31 CN¥9.93 Billion +2.76%
2018-12-31 CN¥9.67 Billion +5.24%
2017-12-31 CN¥9.19 Billion +2.73%
2016-12-31 CN¥8.94 Billion +5.70%
2015-12-31 CN¥8.46 Billion -0.90%
2014-12-31 CN¥8.54 Billion +2.06%
2013-12-31 CN¥8.37 Billion -0.10%
2012-12-31 CN¥8.37 Billion +10.30%
2011-12-31 CN¥7.59 Billion +20.45%
2010-12-31 CN¥6.30 Billion +28.61%
2009-12-31 CN¥4.90 Billion +16.72%
2008-12-31 CN¥4.20 Billion +42.45%
2007-12-31 CN¥2.95 Billion +18.83%
2006-12-31 CN¥2.48 Billion +16.08%
2005-12-31 CN¥2.14 Billion +8.02%
2004-12-31 CN¥1.98 Billion +17.00%
2003-12-31 CN¥1.69 Billion +15.18%
2002-12-31 CN¥1.47 Billion +2.01%
2001-12-31 CN¥1.44 Billion +197.01%
2000-12-31 CN¥484.49 Million +6.80%
1999-12-31 CN¥453.63 Million +69.66%
1998-12-31 CN¥267.37 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Datun Energy Resources 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 1055721193400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥10.56 Billion 82.42%
Common Stock CN¥722.72 Million 5.64%
Other Comprehensive Income CN¥790.85 Million 6.17%
Other Components CN¥738.74 Million 5.77%
Total Equity CN¥12.81 Billion 100.00%

Shanghai Datun Energy Resources Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Datun Energy Resources Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,611,689,842 to 12,809,518,803, a change of 197,828,961 (1.6%).
  • Net income of 715,595,316 contributed positively to equity growth.
  • Dividend payments of 488,116,488 reduced retained earnings.
  • Other comprehensive income decreased equity by 76,908,372.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥715.60 Million +5.59%
Dividends Paid CN¥488.12 Million -3.81%
Other Comprehensive Income CN¥-76.91 Million -0.6%
Other Changes CN¥47.26 Million +0.37%
Total Change CN¥- 1.57%

Book Value vs Market Value Analysis

This analysis compares Shanghai Datun Energy Resources 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: 0.78x
  • 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 36.99x to 0.78x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-12-31 CN¥0.37 CN¥13.79 x
1999-12-31 CN¥0.63 CN¥13.79 x
2000-12-31 CN¥0.68 CN¥13.79 x
2001-12-31 CN¥2.01 CN¥13.79 x
2002-12-31 CN¥2.05 CN¥13.79 x
2003-12-31 CN¥2.29 CN¥13.79 x
2004-12-31 CN¥2.62 CN¥13.79 x
2005-12-31 CN¥2.91 CN¥13.79 x
2006-12-31 CN¥3.38 CN¥13.79 x
2007-12-31 CN¥3.95 CN¥13.79 x
2008-12-31 CN¥5.71 CN¥13.79 x
2009-12-31 CN¥6.55 CN¥13.79 x
2010-12-31 CN¥8.29 CN¥13.79 x
2011-12-31 CN¥10.04 CN¥13.79 x
2012-12-31 CN¥11.03 CN¥13.79 x
2013-12-31 CN¥10.95 CN¥13.79 x
2014-12-31 CN¥11.52 CN¥13.79 x
2015-12-31 CN¥15.75 CN¥13.79 x
2016-12-31 CN¥11.67 CN¥13.79 x
2017-12-31 CN¥12.42 CN¥13.79 x
2018-12-31 CN¥13.23 CN¥13.79 x
2019-12-31 CN¥13.65 CN¥13.79 x
2020-12-31 CN¥14.25 CN¥13.79 x
2021-12-31 CN¥14.51 CN¥13.79 x
2022-12-31 CN¥16.82 CN¥13.79 x
2023-12-31 CN¥17.45 CN¥13.79 x
2024-12-31 CN¥17.72 CN¥13.79 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Datun Energy Resources 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): 5.59%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.54%
  • • Asset Turnover: 0.48x
  • • Equity Multiplier: 1.54x
  • Recent ROE (5.59%) is below the historical average (13.00%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 36.79% 9.49% 1.47x 2.63x CN¥71.63 Million
1999 15.69% 6.94% 1.16x 1.96x CN¥25.82 Million
2000 23.44% 8.92% 1.27x 2.08x CN¥65.13 Million
2001 11.50% 11.29% 0.77x 1.32x CN¥21.56 Million
2002 11.54% 10.70% 0.73x 1.49x CN¥22.64 Million
2003 10.58% 10.09% 0.63x 1.66x CN¥9.55 Million
2004 19.35% 14.69% 0.72x 1.83x CN¥175.63 Million
2005 19.41% 10.90% 0.74x 2.40x CN¥196.27 Million
2006 18.47% 10.45% 0.85x 2.07x CN¥205.05 Million
2007 21.77% 11.95% 0.91x 2.01x CN¥336.20 Million
2008 25.06% 13.43% 1.04x 1.79x CN¥622.45 Million
2009 20.00% 12.96% 0.88x 1.76x CN¥474.96 Million
2010 22.19% 15.04% 0.99x 1.50x CN¥732.07 Million
2011 19.52% 14.23% 0.95x 1.44x CN¥691.50 Million
2012 11.60% 9.48% 0.86x 1.42x CN¥127.49 Million
2013 1.92% 1.80% 0.65x 1.65x CN¥-642.96 Million
2014 0.61% 0.76% 0.45x 1.76x CN¥-748.58 Million
2015 0.14% 0.23% 0.36x 1.71x CN¥-786.84 Million
2016 5.31% 8.72% 0.37x 1.65x CN¥-398.59 Million
2017 5.80% 8.19% 0.44x 1.60x CN¥-376.14 Million
2018 6.95% 9.66% 0.46x 1.56x CN¥-289.82 Million
2019 5.83% 7.54% 0.46x 1.69x CN¥-411.75 Million
2020 6.49% 8.73% 0.46x 1.63x CN¥-361.34 Million
2021 3.56% 3.68% 0.57x 1.69x CN¥-674.74 Million
2022 14.31% 13.77% 0.65x 1.59x CN¥524.17 Million
2023 7.68% 8.83% 0.55x 1.58x CN¥-292.05 Million
2024 5.59% 7.54% 0.48x 1.54x CN¥-565.36 Million

Industry Comparison

This section compares Shanghai Datun Energy Resources 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
Shanghai Datun Energy Resources Co Ltd (600508) CN¥12.71 Billion 36.79% 0.52x $498.68 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