ShanXi Coking Co Ltd
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.
| Company | Market Cap |
|---|---|
|
Rizhao Port Co Ltd
SHG:600017
|
$676.58 Million |
|
Oil States International Inc
NYSE:OIS
|
$676.67 Million |
|
Henan Senyuan Electric Co Ltd
SHE:002358
|
$676.76 Million |
|
Telekom Austria AG
VI:TKA
|
$677.10 Million |
|
Nippon Paper Industries Co. Ltd
F:9NI
|
$676.42 Million |
|
Develop Global Ltd
AU:DVP
|
$676.36 Million |
|
Red 5 Ltd
AU:RED
|
$675.95 Million |
|
Bukit Asam Tbk PT
JK:PTBA
|
$675.57 Million |
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 |