Shanghai Datun Energy Resources Co Ltd (600508) - Net Assets
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. Also explore Shanghai Datun Energy Resources Co Ltd asset portfolio for the complete picture of this company's asset 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. Check Shanghai Datun Energy Resources Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
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 market cap of Shanghai Datun Energy Resources Co Ltd.
| 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 |
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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 |
|---|---|
|
Smarter Microelectronics (Guangzhou) Co. Ltd. A
SHG:688512
|
$922.24 Million |
|
Prosperity Dielectrics Co Ltd
TWO:6173
|
$922.33 Million |
|
Grindrod
JSE:GND
|
$922.36 Million |
|
Zhejiang Xinhua Chemical Co Ltd
SHG:603867
|
$922.93 Million |
|
Shenzhen Zhongzhuang Construction Group Co Ltd
SHE:002822
|
$922.11 Million |
|
Country Garden Holdings Company Limited
F:DZJ
|
$921.90 Million |
|
United Fire Group Inc
NASDAQ:UFCS
|
$921.83 Million |
|
Zhejiang Hailide New Material Co Ltd
SHE:002206
|
$921.77 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: 0.50x
- 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 23.39x to 0.50x 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¥8.72 | x |
| 1999-12-31 | CN¥0.63 | CN¥8.72 | x |
| 2000-12-31 | CN¥0.68 | CN¥8.72 | x |
| 2001-12-31 | CN¥2.01 | CN¥8.72 | x |
| 2002-12-31 | CN¥2.05 | CN¥8.72 | x |
| 2003-12-31 | CN¥2.29 | CN¥8.72 | x |
| 2004-12-31 | CN¥2.62 | CN¥8.72 | x |
| 2005-12-31 | CN¥2.91 | CN¥8.72 | x |
| 2006-12-31 | CN¥3.38 | CN¥8.72 | x |
| 2007-12-31 | CN¥3.95 | CN¥8.72 | x |
| 2008-12-31 | CN¥5.71 | CN¥8.72 | x |
| 2009-12-31 | CN¥6.55 | CN¥8.72 | x |
| 2010-12-31 | CN¥8.29 | CN¥8.72 | x |
| 2011-12-31 | CN¥10.04 | CN¥8.72 | x |
| 2012-12-31 | CN¥11.00 | CN¥8.72 | x |
| 2013-12-31 | CN¥11.01 | CN¥8.72 | x |
| 2014-12-31 | CN¥11.03 | CN¥8.72 | x |
| 2015-12-31 | CN¥14.00 | CN¥8.72 | x |
| 2016-12-31 | CN¥11.67 | CN¥8.72 | x |
| 2017-12-31 | CN¥12.38 | CN¥8.72 | x |
| 2018-12-31 | CN¥13.16 | CN¥8.72 | x |
| 2019-12-31 | CN¥13.65 | CN¥8.72 | x |
| 2020-12-31 | CN¥14.25 | CN¥8.72 | x |
| 2021-12-31 | CN¥14.51 | CN¥8.72 | x |
| 2022-12-31 | CN¥16.82 | CN¥8.72 | x |
| 2023-12-31 | CN¥17.45 | CN¥8.72 | x |
| 2024-12-31 | CN¥17.72 | CN¥8.72 | x |
| 2025-12-31 | CN¥17.48 | CN¥8.72 | 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: $7,669,355,688
- Average return on equity (ROE) among peers: 10.17%
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 | $922.20 Million |
| Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) | $7.78 Billion | 6.68% | 0.41x | $2.03 Billion |
| Jizhong Energy Resources Co Ltd (000937) | $1.49 Billion | 9.97% | 0.40x | $2.45 Billion |
| Shanxi Xishan Coal and Electricity Power Co Ltd (000983) | $18.71 Billion | 1.46% | 1.58x | $5.54 Billion |
| Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) | $1.08 Billion | 36.67% | 1.79x | $9.12 Billion |
| Guangzhou Development Group Inc (600098) | $6.57 Billion | 12.54% | 0.64x | $3.22 Billion |
| Zhengzhou Coal Industry & Electric Power Co Ltd (600121) | $4.44 Billion | -12.25% | 1.50x | $759.52 Million |
| Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) | $5.89 Billion | 21.58% | 0.97x | $1.51 Billion |
| Wintime Energy Co Ltd (600157) | $353.78 Million | 0.72% | 1.96x | $5.14 Billion |
| Yankuang Energy Group Co Ltd (600188) | $28.46 Billion | 13.63% | 1.19x | $18.56 Billion |
| Shan XI Hua Yang Group New Energy Co Ltd (600348) | $1.93 Billion | 10.66% | 0.69x | $4.51 Billion |
About Shanghai Datun Energy Resources Co Ltd
Shanghai Datun Energy Resources Co., Ltd. engages in the production and sale of coal, power generation, and aluminum casting and processing business in China and internationally. It operates through three segments: Coal, Electricity, and Aluminum Products. The company offers coking coal, gas coal, gas fertilizer coal, clean coal, washing and mixing middle block, mixed coal, power coal, thermal co… Read more