Xinjiang Tianfu Energy Co Ltd

SHG:600509 China Utilities - Diversified
Market Cap
$1.85 Billion
CN¥13.61 Billion CNY
Market Cap Rank
#6902 Global
#1115 in China
Share Price
CN¥9.90
Change (1 day)
+2.48%
52-Week Range
CN¥5.92 - CN¥9.90
All Time High
CN¥10.09
Categories
Companies in China Utilities - Diversified
About

Xinjiang Tianfu Energy Co., Ltd. engages in the production and supply of electricity and heat in China. The company is involved in the business of urban water supply, construction and other businesses; power grid integrating generation, supply, and dispatch; transmission and distribution network system, thermal power, photovoltaic power generation, hydropower, and other power supply structures. I… Read more

Xinjiang Tianfu Energy Co Ltd (600509) - Net Assets

Latest net assets as of September 2025: CN¥8.82 Billion CNY

Based on the latest financial reports, Xinjiang Tianfu Energy Co Ltd (600509) has net assets worth CN¥8.82 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¥30.50 Billion) and total liabilities (CN¥21.68 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¥8.82 Billion
% of Total Assets 28.91%
Annual Growth Rate 16.7%
5-Year Change 27.86%
10-Year Change 78.88%
Growth Volatility 44.36

Xinjiang Tianfu Energy Co Ltd - Net Assets Trend (1998–2024)

This chart illustrates how Xinjiang Tianfu Energy 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 Xinjiang Tianfu Energy Co Ltd (1998–2024)

The table below shows the annual net assets of Xinjiang Tianfu Energy Co Ltd from 1998 to 2024.

Year Net Assets Change
2024-12-31 CN¥8.46 Billion +12.45%
2023-12-31 CN¥7.52 Billion +21.63%
2022-12-31 CN¥6.18 Billion -4.32%
2021-12-31 CN¥6.46 Billion -2.30%
2020-12-31 CN¥6.61 Billion -1.55%
2019-12-31 CN¥6.72 Billion +1.98%
2018-12-31 CN¥6.59 Billion -0.51%
2017-12-31 CN¥6.62 Billion +35.67%
2016-12-31 CN¥4.88 Billion +3.23%
2015-12-31 CN¥4.73 Billion +4.14%
2014-12-31 CN¥4.54 Billion +1.88%
2013-12-31 CN¥4.46 Billion +79.62%
2012-12-31 CN¥2.48 Billion +4.98%
2011-12-31 CN¥2.36 Billion +13.89%
2010-12-31 CN¥2.07 Billion +4.95%
2009-12-31 CN¥1.98 Billion -0.27%
2008-12-31 CN¥1.98 Billion -11.40%
2007-12-31 CN¥2.24 Billion +116.28%
2006-12-31 CN¥1.03 Billion +42.48%
2005-12-31 CN¥726.02 Million +1.53%
2004-12-31 CN¥715.11 Million +1.17%
2003-12-31 CN¥706.88 Million +11.01%
2002-12-31 CN¥636.74 Million +197.20%
2001-12-31 CN¥214.25 Million +13.02%
2000-12-31 CN¥189.57 Million +1.35%
1999-12-31 CN¥187.05 Million +22.78%
1998-12-31 CN¥152.35 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xinjiang Tianfu Energy 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 1178.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥724.55 Million 9.72%
Common Stock CN¥1.37 Billion 18.44%
Other Comprehensive Income CN¥460.28 Million 6.18%
Other Components CN¥4.89 Billion 65.65%
Total Equity CN¥7.45 Billion 100.00%

Xinjiang Tianfu Energy Co Ltd Competitors by Market Cap

The table below lists competitors of Xinjiang Tianfu Energy Co Ltd ranked by their market capitalization.

Company Market Cap
Herman Miller Inc
F:MHR
 		$1.11 Billion
Nurix Therapeutics Inc
NASDAQ:NRIX
 		$1.11 Billion
S.ENER.ELEC.SP.GDR REGS 1
F:ECEA
 		$1.11 Billion
Fangda Special Steel Technology Co Ltd
SHG:600507
 		$1.11 Billion
Ichor Holdings Ltd
NASDAQ:ICHR
 		$1.11 Billion
Shuangliang Eco-Energy Systems Co Ltd
SHG:600481
 		$1.11 Billion
Parade Technologies Ltd
TWO:4966
 		$1.11 Billion
Takara Holdings Inc.
PINK:TKHIF
 		$1.10 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,416,958,465 to 7,451,402,322, a change of 34,443,857 (0.5%).
  • Net income of 248,436,833 contributed positively to equity growth.
  • Dividend payments of 639,189,486 reduced retained earnings.
  • Share repurchases of 24,004,904 reduced equity.
  • Other comprehensive income increased equity by 460,276,787.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥248.44 Million +3.33%
Dividends Paid CN¥639.19 Million -8.58%
Share Repurchases CN¥24.00 Million -0.32%
Other Comprehensive Income CN¥460.28 Million +6.18%
Other Changes CN¥-11.08 Million -0.15%
Total Change CN¥- 0.46%

Book Value vs Market Value Analysis

This analysis compares Xinjiang Tianfu Energy 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: 1.83x
  • 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 33.67x to 1.83x 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¥0.29 CN¥9.90 x
1999-12-31 CN¥0.36 CN¥9.90 x
2000-12-31 CN¥0.36 CN¥9.90 x
2001-12-31 CN¥0.40 CN¥9.90 x
2002-12-31 CN¥1.20 CN¥9.90 x
2003-12-31 CN¥1.31 CN¥9.90 x
2004-12-31 CN¥1.33 CN¥9.90 x
2005-12-31 CN¥1.36 CN¥9.90 x
2006-12-31 CN¥1.37 CN¥9.90 x
2007-12-31 CN¥7.13 CN¥9.90 x
2008-12-31 CN¥3.31 CN¥9.90 x
2009-12-31 CN¥2.94 CN¥9.90 x
2010-12-31 CN¥2.96 CN¥9.90 x
2011-12-31 CN¥3.44 CN¥9.90 x
2012-12-31 CN¥3.57 CN¥9.90 x
2013-12-31 CN¥5.10 CN¥9.90 x
2014-12-31 CN¥4.82 CN¥9.90 x
2015-12-31 CN¥5.18 CN¥9.90 x
2016-12-31 CN¥5.32 CN¥9.90 x
2017-12-31 CN¥6.91 CN¥9.90 x
2018-12-31 CN¥5.65 CN¥9.90 x
2019-12-31 CN¥5.30 CN¥9.90 x
2020-12-31 CN¥5.18 CN¥9.90 x
2021-12-31 CN¥5.12 CN¥9.90 x
2022-12-31 CN¥4.95 CN¥9.90 x
2023-12-31 CN¥5.86 CN¥9.90 x
2024-12-31 CN¥5.41 CN¥9.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinjiang Tianfu Energy 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): 3.33%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.68%
  • • Asset Turnover: 0.30x
  • • Equity Multiplier: 4.10x
  • Recent ROE (3.33%) is below the historical average (7.51%), 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 21.03% 13.37% 0.53x 2.98x CN¥16.80 Million
1999 21.49% 15.68% 0.52x 2.63x CN¥21.50 Million
2000 19.97% 12.00% 0.57x 2.93x CN¥18.81 Million
2001 22.07% 12.90% 0.53x 3.22x CN¥24.86 Million
2002 7.52% 10.32% 0.30x 2.47x CN¥-15.39 Million
2003 8.85% 11.93% 0.25x 2.97x CN¥-7.81 Million
2004 8.71% 8.56% 0.27x 3.76x CN¥-8.88 Million
2005 9.08% 7.83% 0.26x 4.47x CN¥-6.52 Million
2006 5.11% 3.67% 0.20x 6.91x CN¥-34.64 Million
2007 4.49% 6.90% 0.19x 3.43x CN¥-101.12 Million
2008 3.62% 4.88% 0.21x 3.60x CN¥-116.40 Million
2009 4.42% 5.04% 0.25x 3.51x CN¥-103.90 Million
2010 7.44% 7.82% 0.24x 3.95x CN¥-50.01 Million
2011 17.76% 16.64% 0.32x 3.33x CN¥174.34 Million
2012 10.91% 8.79% 0.32x 3.87x CN¥21.43 Million
2013 6.27% 8.73% 0.28x 2.61x CN¥-161.19 Million
2014 7.89% 9.76% 0.25x 3.25x CN¥-93.09 Million
2015 6.76% 8.97% 0.20x 3.74x CN¥-149.65 Million
2016 6.58% 8.60% 0.19x 4.08x CN¥-162.65 Million
2017 2.75% 4.22% 0.22x 2.99x CN¥-471.67 Million
2018 0.76% 1.00% 0.23x 3.29x CN¥-601.43 Million
2019 -6.34% -7.68% 0.25x 3.32x CN¥-997.63 Million
2020 0.81% 0.99% 0.22x 3.68x CN¥-548.23 Million
2021 -0.76% -0.63% 0.32x 3.70x CN¥-634.85 Million
2022 -3.49% -2.44% 0.37x 3.83x CN¥-768.57 Million
2023 5.81% 4.53% 0.40x 3.17x CN¥-310.80 Million
2024 3.33% 2.68% 0.30x 4.10x CN¥-496.70 Million

Industry Comparison

This section compares Xinjiang Tianfu Energy Co Ltd's net assets metrics with peer companies in the Utilities - Diversified industry.

Industry Context

  • Industry: Utilities - Diversified
  • Average net assets among peers: $2,030,883,570
  • Average return on equity (ROE) among peers: 7.62%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xinjiang Tianfu Energy Co Ltd (600509) CN¥8.82 Billion 21.03% 2.46x $1.11 Billion
Shenyang Huitian Thermal Power Co Ltd (000692) $1.40 Billion 5.33% 2.06x $212.01 Million
Shenyang Jinshan Energy Co Ltd (600396) $2.97 Billion 9.33% 4.06x $319.56 Million
Fujian Funeng Co Ltd (600483) $778.00 Million 2.92% 0.54x $1.36 Billion
Shenergy Co Ltd (600642) $3.85 Billion 12.69% 0.85x $2.08 Billion
Hunan Chen Dian International Development Co Ltd (600969) $1.15 Billion 7.81% 2.62x $327.07 Million