Anhui Hengyuan Coal Industry and Electricity Power Co Ltd (600971) - Net Assets
Based on the latest financial reports, Anhui Hengyuan Coal Industry and Electricity Power Co Ltd (600971) has net assets worth CN¥12.03 Billion CNY (≈ $1.76 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¥21.57 Billion ≈ $3.16 Billion USD) and total liabilities (CN¥9.54 Billion ≈ $1.40 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 how resilient are Anhui Hengyuan Coal Industry and Electri's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥12.03 Billion |
| % of Total Assets | 55.79% |
| Annual Growth Rate | 20.86% |
| 5-Year Change | 33.3% |
| 10-Year Change | 117.21% |
| Growth Volatility | 41.25 |
Anhui Hengyuan Coal Industry and Electricity Power Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Anhui Hengyuan Coal Industry and Electricity Power Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600971 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Anhui Hengyuan Coal Industry and Electricity Power Co Ltd (2001–2024)
The table below shows the annual net assets of Anhui Hengyuan Coal Industry and Electricity Power Co Ltd from 2001 to 2024. For live valuation and market cap data, see Anhui Hengyuan Coal Industry and Electri market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.43 Billion ≈ $1.82 Billion |
-1.99% |
| 2023-12-31 | CN¥12.69 Billion ≈ $1.86 Billion |
+6.62% |
| 2022-12-31 | CN¥11.90 Billion ≈ $1.74 Billion |
+18.29% |
| 2021-12-31 | CN¥10.06 Billion ≈ $1.47 Billion |
+7.84% |
| 2020-12-31 | CN¥9.33 Billion ≈ $1.36 Billion |
+5.76% |
| 2019-12-31 | CN¥8.82 Billion ≈ $1.29 Billion |
+10.91% |
| 2018-12-31 | CN¥7.95 Billion ≈ $1.16 Billion |
+12.94% |
| 2017-12-31 | CN¥7.04 Billion ≈ $1.03 Billion |
+21.56% |
| 2016-12-31 | CN¥5.79 Billion ≈ $847.59 Million |
+1.19% |
| 2015-12-31 | CN¥5.72 Billion ≈ $837.61 Million |
-18.16% |
| 2014-12-31 | CN¥6.99 Billion ≈ $1.02 Billion |
-2.18% |
| 2013-12-31 | CN¥7.15 Billion ≈ $1.05 Billion |
+2.61% |
| 2012-12-31 | CN¥6.97 Billion ≈ $1.02 Billion |
+12.58% |
| 2011-12-31 | CN¥6.19 Billion ≈ $905.75 Million |
+12.19% |
| 2010-12-31 | CN¥5.52 Billion ≈ $807.35 Million |
+78.67% |
| 2009-12-31 | CN¥3.09 Billion ≈ $451.87 Million |
+86.47% |
| 2008-12-31 | CN¥1.66 Billion ≈ $242.32 Million |
+42.82% |
| 2007-12-31 | CN¥1.16 Billion ≈ $169.67 Million |
+12.46% |
| 2006-12-31 | CN¥1.03 Billion ≈ $150.87 Million |
+0.76% |
| 2005-12-31 | CN¥1.02 Billion ≈ $149.74 Million |
+27.35% |
| 2004-12-31 | CN¥803.54 Million ≈ $117.58 Million |
+183.48% |
| 2003-12-31 | CN¥283.46 Million ≈ $41.48 Million |
+28.93% |
| 2002-12-31 | CN¥219.86 Million ≈ $32.17 Million |
+37.98% |
| 2001-12-31 | CN¥159.34 Million ≈ $23.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Anhui Hengyuan Coal Industry and Electricity Power 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 23873.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥8.19 Billion | 66.24% |
| Common Stock | CN¥1.20 Billion | 9.70% |
| Other Components | CN¥2.97 Billion | 24.06% |
| Total Equity | CN¥12.37 Billion | 100.00% |
Anhui Hengyuan Coal Industry and Electricity Power Co Ltd Competitors by Market Cap
The table below lists competitors of Anhui Hengyuan Coal Industry and Electricity Power Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grainger PLC
F:1U4
|
$1.47 Billion |
|
TBO Tek Ltd
NSE:TBOTEK
|
$1.47 Billion |
|
Hyundai Wia
KO:011210
|
$1.47 Billion |
|
Nancal Energy-Saving Tech Co
SHG:603859
|
$1.47 Billion |
|
Herbalife Nutrition Ltd
F:HOO
|
$1.47 Billion |
|
Rianlon Corp
SHE:300596
|
$1.47 Billion |
|
NAPCO Security Technologies Inc
NASDAQ:NSSC
|
$1.47 Billion |
|
Shandong Yulong Gold Co Ltd
SHG:601028
|
$1.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui Hengyuan Coal Industry and Electricity Power Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,602,201,790 to 12,365,056,490, a change of -237,145,300 (-1.9%).
- Net income of 1,071,963,234 contributed positively to equity growth.
- Dividend payments of 1,069,439,342 reduced retained earnings.
- Other factors decreased equity by 239,669,192.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.07 Billion | +8.67% |
| Dividends Paid | CN¥1.07 Billion | -8.65% |
| Other Changes | CN¥-239.67 Million | -1.94% |
| Total Change | CN¥- | -1.88% |
Book Value vs Market Value Analysis
This analysis compares Anhui Hengyuan Coal Industry and Electricity Power 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: 0.82x
- 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 33.17x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.25 | CN¥8.38 | x |
| 2002-12-31 | CN¥0.35 | CN¥8.38 | x |
| 2003-12-31 | CN¥0.45 | CN¥8.38 | x |
| 2004-12-31 | CN¥1.27 | CN¥8.38 | x |
| 2005-12-31 | CN¥1.58 | CN¥8.38 | x |
| 2006-12-31 | CN¥1.62 | CN¥8.38 | x |
| 2007-12-31 | CN¥1.83 | CN¥8.38 | x |
| 2008-12-31 | CN¥2.94 | CN¥8.38 | x |
| 2009-12-31 | CN¥2.89 | CN¥8.38 | x |
| 2010-12-31 | CN¥4.75 | CN¥8.38 | x |
| 2011-12-31 | CN¥5.13 | CN¥8.38 | x |
| 2012-12-31 | CN¥5.69 | CN¥8.38 | x |
| 2013-12-31 | CN¥5.74 | CN¥8.38 | x |
| 2014-12-31 | CN¥7.29 | CN¥8.38 | x |
| 2015-12-31 | CN¥4.60 | CN¥8.38 | x |
| 2016-12-31 | CN¥5.35 | CN¥8.38 | x |
| 2017-12-31 | CN¥5.74 | CN¥8.38 | x |
| 2018-12-31 | CN¥6.55 | CN¥8.38 | x |
| 2019-12-31 | CN¥7.27 | CN¥8.38 | x |
| 2020-12-31 | CN¥7.69 | CN¥8.38 | x |
| 2021-12-31 | CN¥8.30 | CN¥8.38 | x |
| 2022-12-31 | CN¥9.84 | CN¥8.38 | x |
| 2023-12-31 | CN¥10.52 | CN¥8.38 | x |
| 2024-12-31 | CN¥10.27 | CN¥8.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui Hengyuan Coal Industry and Electricity Power 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): 8.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.37%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.66x
- Recent ROE (8.67%) is below the historical average (13.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 26.80% | 15.10% | 0.75x | 2.36x | CN¥26.77 Million |
| 2002 | 27.53% | 18.54% | 0.76x | 1.96x | CN¥38.53 Million |
| 2003 | 22.44% | 17.98% | 0.71x | 1.76x | CN¥35.26 Million |
| 2004 | 19.42% | 23.73% | 0.56x | 1.47x | CN¥75.67 Million |
| 2005 | 20.38% | 17.78% | 0.75x | 1.54x | CN¥103.18 Million |
| 2006 | 20.32% | 16.91% | 0.72x | 1.66x | CN¥103.31 Million |
| 2007 | 17.82% | 15.19% | 0.32x | 3.68x | CN¥88.29 Million |
| 2008 | 18.86% | 15.64% | 0.41x | 2.96x | CN¥143.79 Million |
| 2009 | 17.05% | 9.74% | 0.50x | 3.53x | CN¥215.23 Million |
| 2010 | 17.36% | 13.61% | 0.59x | 2.16x | CN¥403.28 Million |
| 2011 | 16.48% | 12.19% | 0.67x | 2.02x | CN¥398.39 Million |
| 2012 | 10.98% | 8.22% | 0.68x | 1.97x | CN¥67.05 Million |
| 2013 | 4.50% | 3.85% | 0.61x | 1.92x | CN¥-382.93 Million |
| 2014 | 0.23% | 0.24% | 0.47x | 2.03x | CN¥-665.16 Million |
| 2015 | -24.99% | -34.88% | 0.31x | 2.34x | CN¥-1.94 Billion |
| 2016 | 0.62% | 0.76% | 0.34x | 2.39x | CN¥-531.50 Million |
| 2017 | 15.98% | 16.90% | 0.46x | 2.06x | CN¥413.26 Million |
| 2018 | 15.58% | 20.65% | 0.41x | 1.85x | CN¥436.64 Million |
| 2019 | 12.94% | 18.80% | 0.39x | 1.77x | CN¥256.29 Million |
| 2020 | 8.35% | 14.79% | 0.33x | 1.70x | CN¥-152.02 Million |
| 2021 | 13.92% | 20.55% | 0.38x | 1.78x | CN¥390.80 Million |
| 2022 | 21.40% | 30.13% | 0.40x | 1.76x | CN¥1.35 Billion |
| 2023 | 16.16% | 26.15% | 0.37x | 1.69x | CN¥775.72 Million |
| 2024 | 8.67% | 15.37% | 0.34x | 1.66x | CN¥-164.54 Million |
Industry Comparison
This section compares Anhui Hengyuan Coal Industry and Electricity Power Co Ltd's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $11,043,108,837
- Average return on equity (ROE) among peers: 11.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Hengyuan Coal Industry and Electricity Power Co Ltd (600971) | CN¥12.03 Billion | 26.80% | 0.79x | $1.47 Billion |
| Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) | $58.85 Million | 0.00% | 2.11x | $2.26 Billion |
| Jizhong Energy Resources Co Ltd (000937) | $23.06 Billion | 3.41% | 1.17x | $2.94 Billion |
| Shanxi Xishan Coal and Electricity Power Co Ltd (000983) | $23.13 Billion | 7.39% | 1.82x | $6.07 Billion |
| Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) | $8.43 Billion | 7.14% | 0.65x | $10.93 Billion |
| Guangzhou Development Group Inc (600098) | $20.53 Billion | 3.92% | 1.06x | $3.65 Billion |
| Zhengzhou Coal Industry & Electric Power Co Ltd (600121) | $1.76 Billion | 10.80% | 1.65x | $766.66 Million |
| Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) | $827.40 Million | 1.00% | 1.01x | $1.54 Billion |
| Wintime Energy Co Ltd (600157) | $244.02 Million | 33.02% | 1.64x | $5.68 Billion |
| Yankuang Energy Group Co Ltd (600188) | $2.77 Billion | 26.62% | 0.76x | $19.97 Billion |
| Shan XI Hua Yang Group New Energy Co Ltd (600348) | $29.61 Billion | 23.72% | 1.36x | $5.59 Billion |
About Anhui Hengyuan Coal Industry and Electricity Power Co Ltd
Anhui Hengyuan Coal Industry and Electricity Power Co.,Ltd engages in the mining, washing, processing, and sale of coal in China. The company offers lean and coking coal, gas-rich coal, anthracite, blended coal, washed fine coal, and metallurgical coking coal. Its products are used in the power, metallurgy, petrochemical, building materials, coking, blast furnace injection, and civil applications… Read more