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

Latest as of March 2026: CN¥12.63 Billion CNY ≈ $1.85 Billion USD

Based on the latest financial reports, Shanghai Datun Energy Resources Co Ltd (600508) has net assets worth CN¥12.63 Billion CNY (≈ $1.85 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥19.73 Billion ≈ $2.89 Billion USD) and total liabilities (CN¥7.10 Billion ≈ $1.04 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. Check 600508 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥12.63 Billion
% of Total Assets	64.03%
Annual Growth Rate	15.31%
5-Year Change	18.89%
10-Year Change	39.96%
Growth Volatility	38.02

Shanghai Datun Energy Resources Co Ltd - Net Assets Trend (1998–2025)

This chart illustrates how Shanghai Datun Energy Resources Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600508 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shanghai Datun Energy Resources Co Ltd (1998–2025)

The table below shows the annual net assets of Shanghai Datun Energy Resources Co Ltd from 1998 to 2025. For live valuation and market cap data, see 600508 market cap overview.

Year	Net Assets	Change
2025-12-31	CN¥12.52 Billion ≈ $1.83 Billion	-1.95%
2024-12-31	CN¥12.76 Billion ≈ $1.87 Billion	+1.20%
2023-12-31	CN¥12.61 Billion ≈ $1.85 Billion	+3.91%
2022-12-31	CN¥12.14 Billion ≈ $1.78 Billion	+15.30%
2021-12-31	CN¥10.53 Billion ≈ $1.54 Billion	+2.19%
2020-12-31	CN¥10.30 Billion ≈ $1.51 Billion	+3.69%
2019-12-31	CN¥9.93 Billion ≈ $1.45 Billion	+2.76%
2018-12-31	CN¥9.67 Billion ≈ $1.41 Billion	+5.24%
2017-12-31	CN¥9.19 Billion ≈ $1.34 Billion	+2.73%
2016-12-31	CN¥8.94 Billion ≈ $1.31 Billion	+5.70%
2015-12-31	CN¥8.46 Billion ≈ $1.24 Billion	-0.90%
2014-12-31	CN¥8.54 Billion ≈ $1.25 Billion	+2.06%
2013-12-31	CN¥8.37 Billion ≈ $1.22 Billion	-0.10%
2012-12-31	CN¥8.37 Billion ≈ $1.23 Billion	+10.30%
2011-12-31	CN¥7.59 Billion ≈ $1.11 Billion	+20.45%
2010-12-31	CN¥6.30 Billion ≈ $922.32 Million	+28.61%
2009-12-31	CN¥4.90 Billion ≈ $717.14 Million	+16.72%
2008-12-31	CN¥4.20 Billion ≈ $614.42 Million	+42.45%
2007-12-31	CN¥2.95 Billion ≈ $431.31 Million	+18.83%
2006-12-31	CN¥2.48 Billion ≈ $362.98 Million	+16.08%
2005-12-31	CN¥2.14 Billion ≈ $312.69 Million	+8.02%
2004-12-31	CN¥1.98 Billion ≈ $289.46 Million	+17.00%
2003-12-31	CN¥1.69 Billion ≈ $247.41 Million	+15.18%
2002-12-31	CN¥1.47 Billion ≈ $214.80 Million	+2.01%
2001-12-31	CN¥1.44 Billion ≈ $210.57 Million	+197.01%
2000-12-31	CN¥484.49 Million ≈ $70.90 Million	+6.80%
1999-12-31	CN¥453.63 Million ≈ $66.38 Million	+69.66%
1998-12-31	CN¥267.37 Million ≈ $39.12 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 1056805411708.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥10.57 Billion	83.65%
Other Components	CN¥2.07 Billion	16.35%
Total Equity	CN¥12.63 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.

Company	Market Cap
Nanjing CIGU Technology Corp. Ltd. A SHG:688448	$852.92 Million
RHI MAGNESITA INDIA LIMITED NSE:RHIM	$852.98 Million
G-Shank Enterprise Co Ltd TW:2476	$853.09 Million
Sky Gold Limited NSE:SKYGOLD	$853.20 Million
Shanghai Fengyuzhu Exhibition Co Ltd Class A SHG:603466	$852.08 Million
Valeura Energy Inc TO:VLE	$851.98 Million
Apacer Technology Inc TW:8271	$851.76 Million
Warom Technology Inc Co SHG:603855	$851.46 Million

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 2024 to 2025, total equity changed from 12,809,518,803 to 12,633,789,059, a change of -175,729,744 (-1.4%).
Net income of 220,430,402 contributed positively to equity growth.
Dividend payments of 259,860,749 reduced retained earnings.
Other comprehensive income decreased equity by 790,850,940.
Other factors increased equity by 654,551,543.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥220.43 Million	+1.74%
Dividends Paid	CN¥259.86 Million	-2.06%
Other Comprehensive Income	CN¥-790.85 Million	-6.26%
Other Changes	CN¥654.55 Million	+5.18%
Total Change	CN¥-	-1.37%

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: 0.46x
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 21.62x to 0.46x 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¥8.06	x
1999-12-31	CN¥0.63	CN¥8.06	x
2000-12-31	CN¥0.68	CN¥8.06	x
2001-12-31	CN¥2.01	CN¥8.06	x
2002-12-31	CN¥2.05	CN¥8.06	x
2003-12-31	CN¥2.29	CN¥8.06	x
2004-12-31	CN¥2.62	CN¥8.06	x
2005-12-31	CN¥2.91	CN¥8.06	x
2006-12-31	CN¥3.38	CN¥8.06	x
2007-12-31	CN¥3.95	CN¥8.06	x
2008-12-31	CN¥5.71	CN¥8.06	x
2009-12-31	CN¥6.55	CN¥8.06	x
2010-12-31	CN¥8.29	CN¥8.06	x
2011-12-31	CN¥10.04	CN¥8.06	x
2012-12-31	CN¥11.00	CN¥8.06	x
2013-12-31	CN¥11.01	CN¥8.06	x
2014-12-31	CN¥11.03	CN¥8.06	x
2015-12-31	CN¥14.00	CN¥8.06	x
2016-12-31	CN¥11.67	CN¥8.06	x
2017-12-31	CN¥12.38	CN¥8.06	x
2018-12-31	CN¥13.16	CN¥8.06	x
2019-12-31	CN¥13.65	CN¥8.06	x
2020-12-31	CN¥14.25	CN¥8.06	x
2021-12-31	CN¥14.51	CN¥8.06	x
2022-12-31	CN¥16.82	CN¥8.06	x
2023-12-31	CN¥17.45	CN¥8.06	x
2024-12-31	CN¥17.72	CN¥8.06	x
2025-12-31	CN¥17.48	CN¥8.06	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): 1.74%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.87%
• Asset Turnover: 0.40x
• Equity Multiplier: 1.53x
Recent ROE (1.74%) is below the historical average (12.60%), 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
2025	1.74%	2.87%	0.40x	1.53x	CN¥-1.04 Billion

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: $12,838,319,330
Average return on equity (ROE) among peers: 1.41%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shanghai Datun Energy Resources Co Ltd (600508)	CN¥12.63 Billion	36.79%	0.56x	$852.40 Million
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552)	$62.48 Million	-76.57%	3.98x	$1.90 Billion
Jizhong Energy Resources Co Ltd (000937)	$1.69 Billion	8.11%	0.51x	$2.31 Billion
Shanxi Xishan Coal and Electricity Power Co Ltd (000983)	$21.19 Billion	7.40%	1.73x	$5.29 Billion
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128)	$599.78 Million	25.34%	1.79x	$7.92 Billion
Guangzhou Development Group Inc (600098)	$3.80 Billion	13.94%	0.94x	$3.38 Billion
Zhengzhou Coal Industry & Electric Power Co Ltd (600121)	$1.49 Billion	12.59%	1.13x	$727.43 Million
Shanxi Lanhua Sci-Tech Venture Co Ltd (600123)	$880.39 Million	9.57%	0.89x	$1.30 Billion
Wintime Energy Co Ltd (600157)	$362.48 Million	3.10%	1.54x	$5.24 Billion
Yankuang Energy Group Co Ltd (600188)	$84.95 Billion	10.02%	1.40x	$16.91 Billion
Shan XI Hua Yang Group New Energy Co Ltd (600348)	$13.35 Billion	0.61%	1.52x	$4.32 Billion

About Shanghai Datun Energy Resources Co Ltd

SHG:600508 China Thermal Coal

Market Cap

$852.40 Million

CN¥5.83 Billion CNY

Market Cap Rank

#9768 Global

#2595 in China

Share Price

CN¥8.06

Change (1 day)

-6.06%

52-Week Range

CN¥8.06 - CN¥14.90

All Time High

CN¥21.08