ShanXi Coking Co Ltd (600740) - Net Assets

Latest as of September 2025: CN¥15.43 Billion CNY ≈ $2.26 Billion USD

Based on the latest financial reports, ShanXi Coking Co Ltd (600740) has net assets worth CN¥15.43 Billion CNY (≈ $2.26 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¥26.15 Billion ≈ $3.83 Billion USD) and total liabilities (CN¥10.72 Billion ≈ $1.57 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 600740 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of ShanXi Coking Co Ltd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see ShanXi Coking Co Ltd (600740) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥15.51 Billion ≈ $2.27 Billion	+0.90%
2023-12-31	CN¥15.37 Billion ≈ $2.25 Billion	+4.75%
2022-12-31	CN¥14.67 Billion ≈ $2.15 Billion	+18.34%
2021-12-31	CN¥12.40 Billion ≈ $1.81 Billion	+6.72%
2020-12-31	CN¥11.62 Billion ≈ $1.70 Billion	+8.05%
2019-12-31	CN¥10.75 Billion ≈ $1.57 Billion	+9.85%
2018-12-31	CN¥9.79 Billion ≈ $1.43 Billion	+260.67%
2017-12-31	CN¥2.71 Billion ≈ $397.09 Million	+3.54%
2016-12-31	CN¥2.62 Billion ≈ $383.52 Million	+1.77%
2015-12-31	CN¥2.58 Billion ≈ $376.83 Million	-24.38%
2014-12-31	CN¥3.41 Billion ≈ $498.35 Million	+20.58%
2013-12-31	CN¥2.82 Billion ≈ $413.29 Million	+118.02%
2012-12-31	CN¥1.30 Billion ≈ $189.57 Million	+2.70%
2011-12-31	CN¥1.26 Billion ≈ $184.58 Million	+3.47%
2010-12-31	CN¥1.22 Billion ≈ $178.40 Million	+8.18%
2009-12-31	CN¥1.13 Billion ≈ $164.92 Million	-39.74%
2008-12-31	CN¥1.87 Billion ≈ $273.66 Million	-11.13%
2007-12-31	CN¥2.10 Billion ≈ $307.95 Million	+102.73%
2006-12-31	CN¥1.04 Billion ≈ $151.90 Million	+1.37%
2005-12-31	CN¥1.02 Billion ≈ $149.84 Million	+6.72%
2004-12-31	CN¥959.50 Million ≈ $140.41 Million	+16.35%
2003-12-31	CN¥824.66 Million ≈ $120.67 Million	+13.14%
2002-12-31	CN¥728.87 Million ≈ $106.66 Million	+7.12%
2001-12-31	CN¥680.44 Million ≈ $99.57 Million	+7.40%
2000-12-31	CN¥633.59 Million ≈ $92.71 Million	+47.20%
1999-12-31	CN¥430.42 Million ≈ $62.98 Million	+11.54%
1998-12-31	CN¥385.90 Million ≈ $56.47 Million	+59.80%
1997-12-31	CN¥241.49 Million ≈ $35.34 Million	+2.44%
1996-12-31	CN¥235.73 Million ≈ $34.49 Million	+196.47%
1995-12-31	CN¥79.51 Million ≈ $11.64 Million	+20.65%
1994-12-31	CN¥65.90 Million ≈ $9.64 Million	+118.98%
1993-12-31	CN¥30.09 Million ≈ $4.40 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
Xinjiang Communications Construction Group Co Ltd Class A SHE:002941	$1.50 Billion
Jiangsu Bojun Industrial Technology Co. Ltd SHE:300926	$1.50 Billion
Arteche Lantegi Elkartea SA MC:ART	$1.50 Billion
Willis Lease Finance Corporation NASDAQ:WLFC	$1.50 Billion
Guangdong Marubi Biotechnology Co SHG:603983	$1.50 Billion
SoftwareONE Holding AG SW:SWON	$1.50 Billion
Global Brands Manufacture Ltd TW:6191	$1.50 Billion
JM Financial Limited NSE:JMFINANCIL	$1.50 Billion

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: 0.67x
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 54.72x to 0.67x 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¥4.01	x
1994-12-31	CN¥0.16	CN¥4.01	x
1995-12-31	CN¥0.19	CN¥4.01	x
1996-12-31	CN¥0.57	CN¥4.01	x
1997-12-31	CN¥0.59	CN¥4.01	x
1998-12-31	CN¥0.94	CN¥4.01	x
1999-12-31	CN¥1.05	CN¥4.01	x
2000-12-31	CN¥1.54	CN¥4.01	x
2001-12-31	CN¥1.66	CN¥4.01	x
2002-12-31	CN¥1.77	CN¥4.01	x
2003-12-31	CN¥2.01	CN¥4.01	x
2004-12-31	CN¥2.34	CN¥4.01	x
2005-12-31	CN¥2.49	CN¥4.01	x
2006-12-31	CN¥2.53	CN¥4.01	x
2007-12-31	CN¥2.65	CN¥4.01	x
2008-12-31	CN¥1.90	CN¥4.01	x
2009-12-31	CN¥1.17	CN¥4.01	x
2010-12-31	CN¥1.23	CN¥4.01	x
2011-12-31	CN¥1.25	CN¥4.01	x
2012-12-31	CN¥1.28	CN¥4.01	x
2013-12-31	CN¥2.27	CN¥4.01	x
2014-12-31	CN¥2.18	CN¥4.01	x
2015-12-31	CN¥1.54	CN¥4.01	x
2016-12-31	CN¥1.58	CN¥4.01	x
2017-12-31	CN¥1.65	CN¥4.01	x
2018-12-31	CN¥4.32	CN¥4.01	x
2019-12-31	CN¥3.98	CN¥4.01	x
2020-12-31	CN¥4.36	CN¥4.01	x
2021-12-31	CN¥4.75	CN¥4.01	x
2022-12-31	CN¥5.64	CN¥4.01	x
2023-12-31	CN¥5.92	CN¥4.01	x
2024-12-31	CN¥5.97	CN¥4.01	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: $1,251,118,678
Average return on equity (ROE) among peers: 6.79%

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	$1.50 Billion
Shandong Jinling Mining Co Ltd (000655)	$117.60 Million	11.16%	1.41x	$728.30 Million
Shanxi Meijin Energy Co Ltd (000723)	$504.73 Million	-0.89%	0.97x	$2.78 Billion
Anyuan Coal Industry Group Co Ltd (600397)	$728.06 Million	4.03%	1.99x	$2.23 Billion
Shanxi Antai Group Co Ltd (600408)	$1.49 Billion	54.88%	2.50x	$486.18 Million
Fujian Oriental Silver Star Investment Co Ltd (600753)	$207.27 Million	10.70%	0.79x	$461.71 Million
Yunnan Coal & Energy Co Ltd (600792)	$70.73 Million	-36.41%	1.19x	$690.27 Million
Kailuan Energy Chemical Co Ltd (600997)	$645.94 Million	18.29%	1.08x	$1.33 Billion
Baotailong New Materials Co Ltd (601011)	$6.24 Billion	-7.44%	0.91x	$857.79 Million

About ShanXi Coking Co Ltd

SHG:600740 China Coking Coal

Market Cap

$1.50 Billion

CN¥10.27 Billion CNY

Market Cap Rank

#7449 Global

#1828 in China

Share Price

CN¥4.01

Change (1 day)

-0.74%

52-Week Range

CN¥3.53 - CN¥5.17

All Time High

CN¥39.64