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

Latest as of September 2025: CN¥12.71 Billion CNY ≈ $1.86 Billion USD

Based on the latest financial reports, Shanghai Datun Energy Resources Co Ltd (600508) has net assets worth CN¥12.71 Billion CNY (≈ $1.86 Billion USD) 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 ≈ $2.84 Billion USD) and total liabilities (CN¥6.67 Billion ≈ $976.34 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. Check 600508 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Shanghai Datun Energy Resources Co Ltd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 600508 market cap overview.

Year	Net Assets	Change
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 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.

Company	Market Cap
INOX India Limited NSE:INOXINDIA	$1.48 Billion
Chongqing Chuanyi Automation Co Ltd SHG:603100	$1.48 Billion
Jiangyin Jianghua Microelectronics Materials Co Ltd SHG:603078	$1.48 Billion
Zhejiang Southeast Space Frame Co Ltd SHE:002135	$1.48 Billion
Kingsignal Technology Co Ltd SHE:300252	$1.48 Billion
Lier Chemical Co Ltd SHE:002258	$1.48 Billion
Zhejiang Hisoar Pharmaceutical Co Ltd SHE:002099	$1.48 Billion
Stanmore Resources Ltd AU:SMR	$1.48 Billion

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: 0.79x
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 37.56x to 0.79x 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¥14.00	x
1999-12-31	CN¥0.63	CN¥14.00	x
2000-12-31	CN¥0.68	CN¥14.00	x
2001-12-31	CN¥2.01	CN¥14.00	x
2002-12-31	CN¥2.05	CN¥14.00	x
2003-12-31	CN¥2.29	CN¥14.00	x
2004-12-31	CN¥2.62	CN¥14.00	x
2005-12-31	CN¥2.91	CN¥14.00	x
2006-12-31	CN¥3.38	CN¥14.00	x
2007-12-31	CN¥3.95	CN¥14.00	x
2008-12-31	CN¥5.71	CN¥14.00	x
2009-12-31	CN¥6.55	CN¥14.00	x
2010-12-31	CN¥8.29	CN¥14.00	x
2011-12-31	CN¥10.04	CN¥14.00	x
2012-12-31	CN¥11.03	CN¥14.00	x
2013-12-31	CN¥10.95	CN¥14.00	x
2014-12-31	CN¥11.52	CN¥14.00	x
2015-12-31	CN¥15.75	CN¥14.00	x
2016-12-31	CN¥11.67	CN¥14.00	x
2017-12-31	CN¥12.42	CN¥14.00	x
2018-12-31	CN¥13.23	CN¥14.00	x
2019-12-31	CN¥13.65	CN¥14.00	x
2020-12-31	CN¥14.25	CN¥14.00	x
2021-12-31	CN¥14.51	CN¥14.00	x
2022-12-31	CN¥16.82	CN¥14.00	x
2023-12-31	CN¥17.45	CN¥14.00	x
2024-12-31	CN¥17.72	CN¥14.00	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: $11,043,108,837
Average return on equity (ROE) among peers: 11.70%

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	$1.48 Billion
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552)	$58.85 Million	0.00%	2.11x	$2.26 Billion
Jizhong Energy Resources Co Ltd (000937)	$23.06 Billion	3.41%	1.17x	$2.94 Billion
Shanxi Xishan Coal and Electricity Power Co Ltd (000983)	$23.13 Billion	7.39%	1.82x	$6.07 Billion
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128)	$8.43 Billion	7.14%	0.65x	$10.93 Billion
Guangzhou Development Group Inc (600098)	$20.53 Billion	3.92%	1.06x	$3.65 Billion
Zhengzhou Coal Industry & Electric Power Co Ltd (600121)	$1.76 Billion	10.80%	1.65x	$766.66 Million
Shanxi Lanhua Sci-Tech Venture Co Ltd (600123)	$827.40 Million	1.00%	1.01x	$1.54 Billion
Wintime Energy Co Ltd (600157)	$244.02 Million	33.02%	1.64x	$5.68 Billion
Yankuang Energy Group Co Ltd (600188)	$2.77 Billion	26.62%	0.76x	$19.97 Billion
Shan XI Hua Yang Group New Energy Co Ltd (600348)	$29.61 Billion	23.72%	1.36x	$5.59 Billion

About Shanghai Datun Energy Resources Co Ltd

SHG:600508 China Thermal Coal

Market Cap

$1.48 Billion

CN¥10.12 Billion CNY

Market Cap Rank

#7479 Global

#1809 in China

Share Price

CN¥14.00

Change (1 day)

+0.86%

52-Week Range

CN¥11.20 - CN¥14.42

All Time High

CN¥21.08