Xinjiang Tianfu Energy Co Ltd (600509) - Net Assets

Latest as of September 2025: CN¥8.82 Billion CNY ≈ $1.29 Billion USD

Based on the latest financial reports, Xinjiang Tianfu Energy Co Ltd (600509) has net assets worth CN¥8.82 Billion CNY (≈ $1.29 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¥30.50 Billion ≈ $4.46 Billion USD) and total liabilities (CN¥21.68 Billion ≈ $3.17 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 Xinjiang Tianfu Energy Co Ltd (600509) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Xinjiang Tianfu Energy Co Ltd's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 600509 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥8.46 Billion ≈ $1.24 Billion	+12.45%
2023-12-31	CN¥7.52 Billion ≈ $1.10 Billion	+21.63%
2022-12-31	CN¥6.18 Billion ≈ $904.60 Million	-4.32%
2021-12-31	CN¥6.46 Billion ≈ $945.40 Million	-2.30%
2020-12-31	CN¥6.61 Billion ≈ $967.68 Million	-1.55%
2019-12-31	CN¥6.72 Billion ≈ $982.89 Million	+1.98%
2018-12-31	CN¥6.59 Billion ≈ $963.80 Million	-0.51%
2017-12-31	CN¥6.62 Billion ≈ $968.73 Million	+35.67%
2016-12-31	CN¥4.88 Billion ≈ $714.05 Million	+3.23%
2015-12-31	CN¥4.73 Billion ≈ $691.68 Million	+4.14%
2014-12-31	CN¥4.54 Billion ≈ $664.19 Million	+1.88%
2013-12-31	CN¥4.46 Billion ≈ $651.96 Million	+79.62%
2012-12-31	CN¥2.48 Billion ≈ $362.97 Million	+4.98%
2011-12-31	CN¥2.36 Billion ≈ $345.75 Million	+13.89%
2010-12-31	CN¥2.07 Billion ≈ $303.58 Million	+4.95%
2009-12-31	CN¥1.98 Billion ≈ $289.26 Million	-0.27%
2008-12-31	CN¥1.98 Billion ≈ $290.05 Million	-11.40%
2007-12-31	CN¥2.24 Billion ≈ $327.38 Million	+116.28%
2006-12-31	CN¥1.03 Billion ≈ $151.37 Million	+42.48%
2005-12-31	CN¥726.02 Million ≈ $106.24 Million	+1.53%
2004-12-31	CN¥715.11 Million ≈ $104.64 Million	+1.17%
2003-12-31	CN¥706.88 Million ≈ $103.44 Million	+11.01%
2002-12-31	CN¥636.74 Million ≈ $93.18 Million	+197.20%
2001-12-31	CN¥214.25 Million ≈ $31.35 Million	+13.02%
2000-12-31	CN¥189.57 Million ≈ $27.74 Million	+1.35%
1999-12-31	CN¥187.05 Million ≈ $27.37 Million	+22.78%
1998-12-31	CN¥152.35 Million ≈ $22.29 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
Europris ASA OL:EPR	$1.63 Billion
Wenzhou Yihua Connector Co Ltd SHE:002897	$1.63 Billion
Wilson Sons Holdings Brasil S.A. SA:PORT3	$1.63 Billion
Federal Agricultural Mortgage Corporation NYSE:AGM	$1.63 Billion
Lendlease Group AU:LLC	$1.63 Billion
Chengdu CORPRO Technology Co Ltd SHE:300101	$1.63 Billion
Beijing Gehua CATV Network Co Ltd SHG:600037	$1.63 Billion
FRIEDR.VORW.GRP. ADR/025 F:VH20	$1.63 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: 1.50x
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 27.55x to 1.50x 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¥0.29	CN¥8.10	x
1999-12-31	CN¥0.36	CN¥8.10	x
2000-12-31	CN¥0.36	CN¥8.10	x
2001-12-31	CN¥0.40	CN¥8.10	x
2002-12-31	CN¥1.20	CN¥8.10	x
2003-12-31	CN¥1.31	CN¥8.10	x
2004-12-31	CN¥1.33	CN¥8.10	x
2005-12-31	CN¥1.36	CN¥8.10	x
2006-12-31	CN¥1.37	CN¥8.10	x
2007-12-31	CN¥7.13	CN¥8.10	x
2008-12-31	CN¥3.31	CN¥8.10	x
2009-12-31	CN¥2.94	CN¥8.10	x
2010-12-31	CN¥2.96	CN¥8.10	x
2011-12-31	CN¥3.44	CN¥8.10	x
2012-12-31	CN¥3.57	CN¥8.10	x
2013-12-31	CN¥5.10	CN¥8.10	x
2014-12-31	CN¥4.82	CN¥8.10	x
2015-12-31	CN¥5.18	CN¥8.10	x
2016-12-31	CN¥5.32	CN¥8.10	x
2017-12-31	CN¥6.91	CN¥8.10	x
2018-12-31	CN¥5.65	CN¥8.10	x
2019-12-31	CN¥5.30	CN¥8.10	x
2020-12-31	CN¥5.18	CN¥8.10	x
2021-12-31	CN¥5.12	CN¥8.10	x
2022-12-31	CN¥4.95	CN¥8.10	x
2023-12-31	CN¥5.86	CN¥8.10	x
2024-12-31	CN¥5.41	CN¥8.10	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: $2,914,028,956
Average return on equity (ROE) among peers: -45.09%

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	$1.63 Billion
Shenyang Huitian Thermal Power Co Ltd (000692)	$354.92 Million	-273.56%	13.09x	$389.85 Million
Sichuan Mingxing Electric Power Co Ltd (600101)	$1.40 Billion	6.03%	0.85x	$787.26 Million
Shenyang Jinshan Energy Co Ltd (600396)	$4.38 Billion	0.49%	3.66x	$2.14 Billion
Fujian Funeng Co Ltd (600483)	$7.01 Billion	15.17%	1.12x	$4.07 Billion
Shenergy Co Ltd (600642)	$3.72 Billion	13.64%	1.30x	$6.49 Billion
Hunan Chen Dian International Development Co Ltd (600969)	$617.06 Million	-32.30%	2.80x	$537.71 Million

About Xinjiang Tianfu Energy Co Ltd

SHG:600509 China Utilities - Diversified

Market Cap

$1.63 Billion

CN¥11.13 Billion CNY

Market Cap Rank

#7043 Global

#1643 in China

Share Price

CN¥8.10

Change (1 day)

+0.62%

52-Week Range

CN¥6.18 - CN¥9.90

All Time High

CN¥10.09