ShanXi Coking Co Ltd

SHG:600740 China Coking Coal
Market Cap
$1.57 Billion
CN¥11.53 Billion CNY
Market Cap Rank
#8778 Global
#1691 in China
Share Price
CN¥4.50
Change (1 day)
-10.18%
52-Week Range
CN¥3.45 - CN¥5.17
All Time High
CN¥39.64
About

Shanxi Coking Co., Ltd. engages in the production and sale of coke and related chemical products in China. It offers benzene, carbon black, methanol, solid asphalt, naphthalene, liquid asphalt, coked toluene, methyl naphthalene oil, ammonium sulfate, dephenolized phenolic oil, coking xylene, washing oil, non-aromatic, neutral, phenate, light oil, sulfur, molten sulfur, and anthracene oil. The com… Read more

ShanXi Coking Co Ltd (600740) - Net Assets

Latest net assets as of September 2025: CN¥15.43 Billion CNY

Based on the latest financial reports, ShanXi Coking Co Ltd (600740) has net assets worth CN¥15.43 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¥26.15 Billion) and total liabilities (CN¥10.72 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¥15.43 Billion
% of Total Assets 59.0%
Annual Growth Rate 22.32%
5-Year Change 33.47%
10-Year Change 502.14%
Growth Volatility 62.99

ShanXi Coking Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how ShanXi Coking 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 ShanXi Coking Co Ltd (1993–2024)

The table below shows the annual net assets of ShanXi Coking Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥15.51 Billion +0.90%
2023-12-31 CN¥15.37 Billion +4.75%
2022-12-31 CN¥14.67 Billion +18.34%
2021-12-31 CN¥12.40 Billion +6.72%
2020-12-31 CN¥11.62 Billion +8.05%
2019-12-31 CN¥10.75 Billion +9.85%
2018-12-31 CN¥9.79 Billion +260.67%
2017-12-31 CN¥2.71 Billion +3.54%
2016-12-31 CN¥2.62 Billion +1.77%
2015-12-31 CN¥2.58 Billion -24.38%
2014-12-31 CN¥3.41 Billion +20.58%
2013-12-31 CN¥2.82 Billion +118.02%
2012-12-31 CN¥1.30 Billion +2.70%
2011-12-31 CN¥1.26 Billion +3.47%
2010-12-31 CN¥1.22 Billion +8.18%
2009-12-31 CN¥1.13 Billion -39.74%
2008-12-31 CN¥1.87 Billion -11.13%
2007-12-31 CN¥2.10 Billion +102.73%
2006-12-31 CN¥1.04 Billion +1.37%
2005-12-31 CN¥1.02 Billion +6.72%
2004-12-31 CN¥959.50 Million +16.35%
2003-12-31 CN¥824.66 Million +13.14%
2002-12-31 CN¥728.87 Million +7.12%
2001-12-31 CN¥680.44 Million +7.40%
2000-12-31 CN¥633.59 Million +47.20%
1999-12-31 CN¥430.42 Million +11.54%
1998-12-31 CN¥385.90 Million +59.80%
1997-12-31 CN¥241.49 Million +2.44%
1996-12-31 CN¥235.73 Million +196.47%
1995-12-31 CN¥79.51 Million +20.65%
1994-12-31 CN¥65.90 Million +118.98%
1993-12-31 CN¥30.09 Million --

Equity Component Analysis

This analysis shows how different components contribute to ShanXi Coking 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 466570472100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.67 Billion 30.49%
Common Stock CN¥2.56 Billion 16.75%
Other Components CN¥8.07 Billion 52.76%
Total Equity CN¥15.30 Billion 100.00%

ShanXi Coking Co Ltd Competitors by Market Cap

The table below lists competitors of ShanXi Coking Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 15,156,059,785 to 15,300,605,335, a change of 144,545,550 (1.0%).
  • Net income of 263,117,745 contributed positively to equity growth.
  • Dividend payments of 419,269,215 reduced retained earnings.
  • Other factors increased equity by 300,697,020.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥263.12 Million +1.72%
Dividends Paid CN¥419.27 Million -2.74%
Other Changes CN¥300.70 Million +1.97%
Total Change CN¥- 0.95%

Book Value vs Market Value Analysis

This analysis compares ShanXi Coking 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: 0.75x
  • 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 61.40x to 0.75x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.07 CN¥4.50 x
1994-12-31 CN¥0.16 CN¥4.50 x
1995-12-31 CN¥0.19 CN¥4.50 x
1996-12-31 CN¥0.57 CN¥4.50 x
1997-12-31 CN¥0.59 CN¥4.50 x
1998-12-31 CN¥0.94 CN¥4.50 x
1999-12-31 CN¥1.05 CN¥4.50 x
2000-12-31 CN¥1.54 CN¥4.50 x
2001-12-31 CN¥1.66 CN¥4.50 x
2002-12-31 CN¥1.77 CN¥4.50 x
2003-12-31 CN¥2.01 CN¥4.50 x
2004-12-31 CN¥2.34 CN¥4.50 x
2005-12-31 CN¥2.49 CN¥4.50 x
2006-12-31 CN¥2.53 CN¥4.50 x
2007-12-31 CN¥2.65 CN¥4.50 x
2008-12-31 CN¥1.90 CN¥4.50 x
2009-12-31 CN¥1.17 CN¥4.50 x
2010-12-31 CN¥1.23 CN¥4.50 x
2011-12-31 CN¥1.25 CN¥4.50 x
2012-12-31 CN¥1.28 CN¥4.50 x
2013-12-31 CN¥2.27 CN¥4.50 x
2014-12-31 CN¥2.18 CN¥4.50 x
2015-12-31 CN¥1.54 CN¥4.50 x
2016-12-31 CN¥1.58 CN¥4.50 x
2017-12-31 CN¥1.65 CN¥4.50 x
2018-12-31 CN¥4.32 CN¥4.50 x
2019-12-31 CN¥3.98 CN¥4.50 x
2020-12-31 CN¥4.36 CN¥4.50 x
2021-12-31 CN¥4.75 CN¥4.50 x
2022-12-31 CN¥5.64 CN¥4.50 x
2023-12-31 CN¥5.92 CN¥4.50 x
2024-12-31 CN¥5.97 CN¥4.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently ShanXi Coking 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): 1.72%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.51%
  • • Asset Turnover: 0.28x
  • • Equity Multiplier: 1.77x
  • Recent ROE (1.72%) is below the historical average (6.06%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 23.54% 2.63% 2.80x 3.19x CN¥4.07 Million
1994 37.60% 10.47% 1.49x 2.42x CN¥18.19 Million
1995 38.17% 11.87% 1.49x 2.16x CN¥22.40 Million
1996 13.87% 11.98% 0.61x 1.91x CN¥9.12 Million
1997 18.54% 16.44% 0.53x 2.15x CN¥20.61 Million
1998 11.64% 16.77% 0.37x 1.88x CN¥6.31 Million
1999 8.33% 13.51% 0.28x 2.17x CN¥-7.20 Million
2000 7.53% 14.65% 0.20x 2.55x CN¥-15.64 Million
2001 9.93% 10.84% 0.36x 2.56x CN¥-455.23K
2002 6.41% 4.92% 0.47x 2.78x CN¥-26.18 Million
2003 11.55% 6.59% 0.66x 2.65x CN¥12.74 Million
2004 20.71% 9.82% 0.82x 2.58x CN¥102.77 Million
2005 10.12% 5.12% 0.70x 2.81x CN¥1.24 Million
2006 3.29% 1.60% 0.68x 3.04x CN¥-69.65 Million
2007 4.45% 3.04% 0.75x 1.94x CN¥-116.76 Million
2008 -12.77% -4.81% 0.88x 3.00x CN¥-424.47 Million
2009 -66.61% -25.73% 0.48x 5.43x CN¥-857.29 Million
2010 5.31% 1.00% 0.91x 5.82x CN¥-56.71 Million
2011 4.27% 0.69% 0.92x 6.73x CN¥-71.60 Million
2012 2.32% 0.52% 0.64x 6.97x CN¥-98.25 Million
2013 0.62% 0.30% 0.68x 3.06x CN¥-263.23 Million
2014 0.70% 0.40% 0.46x 3.79x CN¥-262.87 Million
2015 -41.59% -24.67% 0.32x 5.31x CN¥-1.03 Billion
2016 2.17% 1.09% 0.38x 5.25x CN¥-159.86 Million
2017 4.31% 1.53% 0.54x 5.22x CN¥-121.34 Million
2018 16.60% 21.20% 0.36x 2.19x CN¥609.19 Million
2019 4.65% 7.14% 0.33x 2.00x CN¥-546.40 Million
2020 9.83% 15.45% 0.33x 1.92x CN¥-18.88 Million
2021 10.36% 11.23% 0.55x 1.69x CN¥43.26 Million
2022 17.87% 21.38% 0.51x 1.62x CN¥1.14 Billion
2023 8.41% 14.58% 0.35x 1.65x CN¥-240.33 Million
2024 1.72% 3.51% 0.28x 1.77x CN¥-1.27 Billion

Industry Comparison

This section compares ShanXi Coking Co Ltd's net assets metrics with peer companies in the Coking Coal industry.

Industry Context

  • Industry: Coking Coal
  • Average net assets among peers: $3,269,944,363
  • Average return on equity (ROE) among peers: -10.33%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
ShanXi Coking Co Ltd (600740) CN¥15.43 Billion 23.54% 0.69x $676.49 Million
Shandong Jinling Mining Co Ltd (000655) $414.38 Million 5.65% 1.88x $285.61 Million
Shanxi Meijin Energy Co Ltd (000723) $199.28 Million -94.06% 2.47x $1.88 Billion
Anyuan Coal Industry Group Co Ltd (600397) $3.52 Billion 2.71% 1.62x $2.08 Billion
Shanxi Antai Group Co Ltd (600408) $2.84 Billion -8.56% 1.67x $397.21 Million
Fujian Oriental Silver Star Investment Co Ltd (600753) $122.22 Million 0.29% 0.88x $207.61 Million
Yunnan Coal & Energy Co Ltd (600792) $-360.67 Million 0.00% 0.00x $219.56 Million
Kailuan Energy Chemical Co Ltd (600997) $12.55 Billion 10.86% 0.98x $426.14 Million
Baotailong New Materials Co Ltd (601011) $6.87 Billion 0.46% 0.61x $607.13 Million