Shanxi Guoxin Energy Co Ltd A (600617) - Net Assets
Based on the latest financial reports, Shanxi Guoxin Energy Co Ltd A (600617) has net assets worth CN¥4.76 Billion CNY (≈ $695.86 Million 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¥25.35 Billion ≈ $3.71 Billion USD) and total liabilities (CN¥20.60 Billion ≈ $3.01 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 Shanxi Guoxin Energy Co Ltd A asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.76 Billion |
| % of Total Assets | 18.76% |
| Annual Growth Rate | 11.05% |
| 5-Year Change | 47.68% |
| 10-Year Change | 17.38% |
| Growth Volatility | 39.06 |
Shanxi Guoxin Energy Co Ltd A - Net Assets Trend (1992–2024)
This chart illustrates how Shanxi Guoxin Energy Co Ltd A's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Shanxi Guoxin Energy Co Ltd A for the complete picture of this company's asset base.
Annual Net Assets for Shanxi Guoxin Energy Co Ltd A (1992–2024)
The table below shows the annual net assets of Shanxi Guoxin Energy Co Ltd A from 1992 to 2024. For live valuation and market cap data, see how much is Shanxi Guoxin Energy Co Ltd A worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.75 Billion ≈ $695.41 Million |
+16.27% |
| 2023-12-31 | CN¥4.09 Billion ≈ $598.11 Million |
-0.45% |
| 2022-12-31 | CN¥4.11 Billion ≈ $600.81 Million |
-2.94% |
| 2021-12-31 | CN¥4.23 Billion ≈ $618.99 Million |
+31.45% |
| 2020-12-31 | CN¥3.22 Billion ≈ $470.89 Million |
-25.60% |
| 2019-12-31 | CN¥4.33 Billion ≈ $632.92 Million |
-2.60% |
| 2018-12-31 | CN¥4.44 Billion ≈ $649.83 Million |
+2.40% |
| 2017-12-31 | CN¥4.34 Billion ≈ $634.62 Million |
-0.26% |
| 2016-12-31 | CN¥4.35 Billion ≈ $636.25 Million |
+7.40% |
| 2015-12-31 | CN¥4.05 Billion ≈ $592.43 Million |
+54.75% |
| 2014-12-31 | CN¥2.62 Billion ≈ $382.83 Million |
+56.51% |
| 2013-12-31 | CN¥1.67 Billion ≈ $244.61 Million |
+2523.01% |
| 2012-12-31 | CN¥-68.99 Million ≈ $-10.10 Million |
-15.43% |
| 2011-12-31 | CN¥-59.77 Million ≈ $-8.75 Million |
+21.65% |
| 2010-12-31 | CN¥-76.28 Million ≈ $-11.16 Million |
-19.17% |
| 2009-12-31 | CN¥-64.01 Million ≈ $-9.37 Million |
-606.71% |
| 2008-12-31 | CN¥-9.06 Million ≈ $-1.33 Million |
-121.70% |
| 2007-12-31 | CN¥41.74 Million ≈ $6.11 Million |
+15.37% |
| 2006-12-31 | CN¥36.18 Million ≈ $5.29 Million |
+22.15% |
| 2005-12-31 | CN¥29.62 Million ≈ $4.33 Million |
+48.06% |
| 2004-12-31 | CN¥20.00 Million ≈ $2.93 Million |
-68.86% |
| 2003-12-31 | CN¥64.24 Million ≈ $9.40 Million |
-53.27% |
| 2002-12-31 | CN¥137.48 Million ≈ $20.12 Million |
-55.62% |
| 2001-12-31 | CN¥309.77 Million ≈ $45.33 Million |
-0.10% |
| 2000-12-31 | CN¥310.09 Million ≈ $45.38 Million |
+0.19% |
| 1999-12-31 | CN¥309.52 Million ≈ $45.29 Million |
+0.60% |
| 1998-12-31 | CN¥307.67 Million ≈ $45.02 Million |
-0.26% |
| 1997-12-31 | CN¥308.47 Million ≈ $45.14 Million |
+8.02% |
| 1996-12-31 | CN¥285.57 Million ≈ $41.79 Million |
-1.87% |
| 1995-12-31 | CN¥291.02 Million ≈ $42.59 Million |
+2.47% |
| 1994-12-31 | CN¥284.02 Million ≈ $41.56 Million |
+2.65% |
| 1993-12-31 | CN¥276.68 Million ≈ $40.49 Million |
+66.43% |
| 1992-12-31 | CN¥166.25 Million ≈ $24.33 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shanxi Guoxin Energy Co Ltd A'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 113263.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥239.12 Million | 5.74% |
| Common Stock | CN¥1.93 Billion | 46.32% |
| Other Components | CN¥2.00 Billion | 47.93% |
| Total Equity | CN¥4.16 Billion | 100.00% |
Shanxi Guoxin Energy Co Ltd A Competitors by Market Cap
The table below lists competitors of Shanxi Guoxin Energy Co Ltd A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Sun Novo Pharmaceutical Research Co Ltd
SHG:688621
|
$935.98 Million |
|
HELIA GROUP LTD.
F:0GI0
|
$936.56 Million |
|
Kvutzat Acro Ltd.
TA:ACRO
|
$936.69 Million |
|
ChengDa Pharmaceuticals Co. Ltd.
SHE:301201
|
$936.82 Million |
|
Citic Press Corp
SHE:300788
|
$935.20 Million |
|
Wushang Group Co Ltd
SHE:000501
|
$935.11 Million |
|
Cartrade Tech Limited
NSE:CARTRADE
|
$935.10 Million |
|
Middlesex Water Company
NASDAQ:MSEX
|
$935.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanxi Guoxin Energy Co Ltd A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,683,039,600 to 4,164,514,220, a change of 481,474,620 (13.1%).
- Net loss of 339,687,598 reduced equity.
- Dividend payments of 814,420,967 reduced retained earnings.
- Other factors increased equity by 1,635,583,185.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-339.69 Million | -8.16% |
| Dividends Paid | CN¥814.42 Million | -19.56% |
| Other Changes | CN¥1.64 Billion | +39.27% |
| Total Change | CN¥- | 13.07% |
Book Value vs Market Value Analysis
This analysis compares Shanxi Guoxin Energy Co Ltd A'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: 1.63x
- 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 6.08x to 1.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | CN¥0.59 | CN¥3.60 | x |
| 1993-12-31 | CN¥0.98 | CN¥3.60 | x |
| 1994-12-31 | CN¥1.01 | CN¥3.60 | x |
| 1995-12-31 | CN¥1.01 | CN¥3.60 | x |
| 1996-12-31 | CN¥0.99 | CN¥3.60 | x |
| 1997-12-31 | CN¥1.00 | CN¥3.60 | x |
| 1998-12-31 | CN¥1.00 | CN¥3.60 | x |
| 1999-12-31 | CN¥1.00 | CN¥3.60 | x |
| 2000-12-31 | CN¥1.01 | CN¥3.60 | x |
| 2001-12-31 | CN¥1.01 | CN¥3.60 | x |
| 2002-12-31 | CN¥0.41 | CN¥3.60 | x |
| 2003-12-31 | CN¥0.17 | CN¥3.60 | x |
| 2004-12-31 | CN¥0.04 | CN¥3.60 | x |
| 2005-12-31 | CN¥0.06 | CN¥3.60 | x |
| 2006-12-31 | CN¥0.07 | CN¥3.60 | x |
| 2007-12-31 | CN¥0.07 | CN¥3.60 | x |
| 2008-12-31 | CN¥-0.08 | CN¥3.60 | x |
| 2009-12-31 | CN¥-0.25 | CN¥3.60 | x |
| 2010-12-31 | CN¥-0.27 | CN¥3.60 | x |
| 2011-12-31 | CN¥-0.21 | CN¥3.60 | x |
| 2012-12-31 | CN¥-0.07 | CN¥3.60 | x |
| 2013-12-31 | CN¥1.70 | CN¥3.60 | x |
| 2014-12-31 | CN¥1.48 | CN¥3.60 | x |
| 2015-12-31 | CN¥2.69 | CN¥3.60 | x |
| 2016-12-31 | CN¥3.36 | CN¥3.60 | x |
| 2017-12-31 | CN¥4.48 | CN¥3.60 | x |
| 2018-12-31 | CN¥3.48 | CN¥3.60 | x |
| 2019-12-31 | CN¥3.49 | CN¥3.60 | x |
| 2020-12-31 | CN¥2.78 | CN¥3.60 | x |
| 2021-12-31 | CN¥2.61 | CN¥3.60 | x |
| 2022-12-31 | CN¥2.64 | CN¥3.60 | x |
| 2023-12-31 | CN¥2.72 | CN¥3.60 | x |
| 2024-12-31 | CN¥2.21 | CN¥3.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanxi Guoxin Energy Co Ltd A 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): -8.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.10%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 6.47x
- Recent ROE (-8.16%) is above the historical average (-15.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 11.93% | 28.91% | 0.35x | 1.18x | CN¥3.21 Million |
| 1993 | 17.73% | 31.31% | 0.54x | 1.05x | CN¥21.39 Million |
| 1994 | 14.94% | 25.79% | 0.39x | 1.47x | CN¥14.02 Million |
| 1995 | 7.32% | 8.36% | 0.53x | 1.67x | CN¥-7.61 Million |
| 1996 | 0.32% | 0.43% | 0.45x | 1.64x | CN¥-26.97 Million |
| 1997 | 2.79% | 3.07% | 0.47x | 1.91x | CN¥-20.18 Million |
| 1998 | 0.19% | 0.22% | 0.48x | 1.82x | CN¥-27.46 Million |
| 1999 | 1.86% | 1.89% | 0.53x | 1.86x | CN¥-22.93 Million |
| 2000 | 2.18% | 1.49% | 0.78x | 1.88x | CN¥-22.17 Million |
| 2001 | 0.40% | 0.35% | 0.57x | 1.98x | CN¥-27.35 Million |
| 2002 | -145.55% | -91.74% | 0.42x | 3.74x | CN¥-180.42 Million |
| 2003 | -145.87% | -47.58% | 0.39x | 7.94x | CN¥-73.01 Million |
| 2004 | -398.58% | -37.41% | 0.33x | 31.97x | CN¥-42.65 Million |
| 2005 | 26.65% | 1.92% | 0.59x | 23.39x | CN¥2.89 Million |
| 2006 | 16.11% | 0.97% | 1.37x | 12.13x | CN¥1.21 Million |
| 2007 | 36.38% | 5.83% | 0.87x | 7.15x | CN¥6.86 Million |
| 2008 | 0.00% | -187.91% | 0.22x | 0.00x | CN¥-46.50 Million |
| 2009 | 0.00% | -323.73% | 0.40x | 0.00x | CN¥-59.51 Million |
| 2010 | 0.00% | 212.80% | 0.13x | 0.00x | CN¥24.37 Million |
| 2011 | 0.00% | 64.52% | 1.43x | 0.00x | CN¥22.49 Million |
| 2012 | 0.00% | 5.84% | 180.53x | 0.00x | CN¥221.23 Million |
| 2013 | 26.98% | 7.02% | 0.41x | 9.44x | CN¥194.10 Million |
| 2014 | 20.86% | 7.91% | 0.39x | 6.82x | CN¥226.49 Million |
| 2015 | 15.94% | 8.24% | 0.39x | 4.92x | CN¥209.15 Million |
| 2016 | 10.44% | 5.55% | 0.32x | 5.81x | CN¥16.35 Million |
| 2017 | 0.45% | 0.17% | 0.38x | 6.92x | CN¥-354.79 Million |
| 2018 | 1.21% | 0.41% | 0.39x | 7.64x | CN¥-331.84 Million |
| 2019 | 0.91% | 0.32% | 0.37x | 7.79x | CN¥-344.05 Million |
| 2020 | -22.90% | -5.61% | 0.44x | 9.23x | CN¥-993.00 Million |
| 2021 | 1.26% | 0.36% | 0.39x | 9.04x | CN¥-314.04 Million |
| 2022 | 1.80% | 0.42% | 0.50x | 8.53x | CN¥-298.79 Million |
| 2023 | 2.12% | 0.45% | 0.59x | 7.86x | CN¥-290.32 Million |
| 2024 | -8.16% | -2.10% | 0.60x | 6.47x | CN¥-756.14 Million |
Industry Comparison
This section compares Shanxi Guoxin Energy Co Ltd A's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $9,567,941,738
- Average return on equity (ROE) among peers: 10.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanxi Guoxin Energy Co Ltd A (600617) | CN¥4.76 Billion | 11.93% | 4.33x | $935.34 Million |
| Shaanxi Provincial Natural Gas Co Ltd (002267) | $440.80 Million | 28.20% | 3.39x | $1.32 Billion |
| Zhuhai Winbase International Chemical Tank Terminal Co Ltd (002492) | $893.88 Million | 4.96% | 0.38x | $474.71 Million |
| COSCO Shipping Energy Transportation Co Ltd (600026) | $33.57 Billion | 4.35% | 1.03x | $13.62 Billion |
| China Merchants Energy Shipping Co Ltd (601872) | $25.75 Billion | 6.26% | 1.13x | $22.02 Billion |
| Nanjing Tanker Corp (601975) | $1.14 Billion | 13.75% | 0.29x | $3.21 Billion |
| Anhui Province Natural Gas Development Co Ltd (603689) | $2.27 Billion | 7.78% | 0.39x | $651.20 Million |
| Jiangxi Jovo Energy Co. Ltd (605090) | $8.15 Billion | 16.01% | 0.77x | $4.56 Billion |
| Shanxi Guoxin Energy Co Ltd B (900913) | $4.33 Billion | 0.80% | 5.82x | $32.42 Million |
About Shanxi Guoxin Energy Co Ltd A
Shanxi Guoxin Energy Corporation Limited engages natural gas development and utilization, and consulting services. It is also involved in the sale of pipeline transportation services of natural gas and ethanol; provision of gas storage facilities leasing services; development, construction, operation, management, and heating of central heating projects; production, processing, and sales of natura… Read more