Huaibei Mining Holdings Co Ltd

SHG:600985 China Specialty Chemicals
Market Cap
$5.21 Billion
CN¥38.22 Billion CNY
Market Cap Rank
#4959 Global
#580 in China
Share Price
CN¥14.19
Change (1 day)
-2.14%
52-Week Range
CN¥11.07 - CN¥14.50
All Time High
CN¥20.39
About

Huaibei Mining Holdings Co.,Ltd. primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China. It operates through Coal Division, Coal Chemical Division, and Logistics Trade segments. The company offers coal products, including coking for smelting, coking, lean, fat, gas, poor, and thermal coals. It also provides coke, methanol, crude benzene, am… Read more

Huaibei Mining Holdings Co Ltd (600985) - Net Assets

Latest net assets as of September 2025: CN¥45.79 Billion CNY

Based on the latest financial reports, Huaibei Mining Holdings Co Ltd (600985) has net assets worth CN¥45.79 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¥89.26 Billion) and total liabilities (CN¥43.47 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¥45.79 Billion
% of Total Assets 51.3%
Annual Growth Rate 31.32%
5-Year Change 84.11%
10-Year Change 3622.34%
Growth Volatility 203.44

Huaibei Mining Holdings Co Ltd - Net Assets Trend (2001–2024)

This chart illustrates how Huaibei Mining Holdings 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 Huaibei Mining Holdings Co Ltd (2001–2024)

The table below shows the annual net assets of Huaibei Mining Holdings Co Ltd from 2001 to 2024.

Year Net Assets Change
2024-12-31 CN¥46.88 Billion +12.83%
2023-12-31 CN¥41.54 Billion +9.32%
2022-12-31 CN¥38.00 Billion +19.52%
2021-12-31 CN¥31.80 Billion +24.88%
2020-12-31 CN¥25.46 Billion +14.97%
2019-12-31 CN¥22.15 Billion +9.14%
2018-12-31 CN¥20.29 Billion +1000.28%
2017-12-31 CN¥1.84 Billion +37.39%
2016-12-31 CN¥1.34 Billion +6.59%
2015-12-31 CN¥1.26 Billion +8.55%
2014-12-31 CN¥1.16 Billion +8.62%
2013-12-31 CN¥1.07 Billion +7.36%
2012-12-31 CN¥994.91 Million +91.92%
2011-12-31 CN¥518.39 Million +5.39%
2010-12-31 CN¥491.86 Million +13.75%
2009-12-31 CN¥432.39 Million +18.37%
2008-12-31 CN¥365.28 Million +6.09%
2007-12-31 CN¥344.30 Million +16.29%
2006-12-31 CN¥296.08 Million +1.34%
2005-12-31 CN¥292.15 Million +0.44%
2004-12-31 CN¥290.87 Million +198.36%
2003-12-31 CN¥97.49 Million +6.53%
2002-12-31 CN¥91.51 Million +2.89%
2001-12-31 CN¥88.94 Million --

Equity Component Analysis

This analysis shows how different components contribute to Huaibei Mining Holdings 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 1558160.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥24.87 Billion 58.67%
Common Stock CN¥2.69 Billion 6.35%
Other Components CN¥14.83 Billion 34.98%
Total Equity CN¥42.39 Billion 100.00%

Huaibei Mining Holdings Co Ltd Competitors by Market Cap

The table below lists competitors of Huaibei Mining Holdings Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 37,091,278,510 to 42,388,719,000, a change of 5,297,440,490 (14.3%).
  • Net income of 4,855,430,595 contributed positively to equity growth.
  • Dividend payments of 2,917,932,981 reduced retained earnings.
  • Other factors increased equity by 3,359,942,876.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥4.86 Billion +11.45%
Dividends Paid CN¥2.92 Billion -6.88%
Other Changes CN¥3.36 Billion +7.93%
Total Change CN¥- 14.28%

Book Value vs Market Value Analysis

This analysis compares Huaibei Mining Holdings 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: 0.90x
  • 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 30.92x to 0.90x 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¥0.46 CN¥14.19 x
2002-12-31 CN¥0.47 CN¥14.19 x
2003-12-31 CN¥0.50 CN¥14.19 x
2004-12-31 CN¥1.46 CN¥14.19 x
2005-12-31 CN¥1.47 CN¥14.19 x
2006-12-31 CN¥1.46 CN¥14.19 x
2007-12-31 CN¥1.48 CN¥14.19 x
2008-12-31 CN¥1.59 CN¥14.19 x
2009-12-31 CN¥1.85 CN¥14.19 x
2010-12-31 CN¥2.09 CN¥14.19 x
2011-12-31 CN¥2.25 CN¥14.19 x
2012-12-31 CN¥4.48 CN¥14.19 x
2013-12-31 CN¥3.70 CN¥14.19 x
2014-12-31 CN¥6.08 CN¥14.19 x
2015-12-31 CN¥4.39 CN¥14.19 x
2016-12-31 CN¥4.68 CN¥14.19 x
2017-12-31 CN¥6.01 CN¥14.19 x
2018-12-31 CN¥8.06 CN¥14.19 x
2019-12-31 CN¥8.81 CN¥14.19 x
2020-12-31 CN¥8.84 CN¥14.19 x
2021-12-31 CN¥10.99 CN¥14.19 x
2022-12-31 CN¥12.72 CN¥14.19 x
2023-12-31 CN¥14.00 CN¥14.19 x
2024-12-31 CN¥15.80 CN¥14.19 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Huaibei Mining Holdings 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): 11.45%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.39%
  • • Asset Turnover: 0.75x
  • • Equity Multiplier: 2.07x
  • Recent ROE (11.45%) is below the historical average (14.31%), 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 15.28% 15.20% 0.63x 1.59x CN¥4.67 Million
2002 13.83% 13.74% 0.59x 1.72x CN¥3.48 Million
2003 14.43% 13.85% 0.53x 1.96x CN¥4.29 Million
2004 3.48% 8.02% 0.37x 1.16x CN¥-18.32 Million
2005 3.20% 6.33% 0.45x 1.11x CN¥-19.24 Million
2006 5.08% 9.10% 0.49x 1.13x CN¥-13.99 Million
2007 5.76% 7.96% 0.49x 1.47x CN¥-12.49 Million
2008 8.17% 8.14% 0.76x 1.32x CN¥-5.67 Million
2009 15.02% 12.79% 0.81x 1.45x CN¥17.96 Million
2010 13.37% 11.56% 0.80x 1.45x CN¥13.71 Million
2011 7.99% 6.36% 0.84x 1.50x CN¥-8.67 Million
2012 4.02% 5.44% 0.56x 1.33x CN¥-53.96 Million
2013 18.92% 0.40% 35.29x 1.35x CN¥86.91 Million
2014 -112.63% -2.42% 33.96x 1.37x CN¥-1.30 Billion
2015 10.03% 0.29% 24.95x 1.38x CN¥323.58K
2016 28.53% 0.86% 19.66x 1.69x CN¥229.63 Million
2017 165.41% 5.89% 20.24x 1.39x CN¥2.71 Billion
2018 20.92% 6.16% 0.98x 3.46x CN¥1.86 Billion
2019 19.08% 6.04% 0.96x 3.27x CN¥1.73 Billion
2020 16.30% 6.63% 0.78x 3.15x CN¥1.34 Billion
2021 18.00% 7.50% 0.89x 2.69x CN¥2.18 Billion
2022 21.00% 10.15% 0.82x 2.52x CN¥3.67 Billion
2023 16.78% 8.48% 0.84x 2.35x CN¥2.52 Billion
2024 11.45% 7.39% 0.75x 2.07x CN¥616.56 Million

Industry Comparison

This section compares Huaibei Mining Holdings Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $1,775,158,628
  • Average return on equity (ROE) among peers: -19.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Huaibei Mining Holdings Co Ltd (600985) CN¥45.79 Billion 15.28% 0.95x $2.00 Billion
Chongqing Sanxia Paints Co Ltd (000565) $390.80 Million 1.64% 0.47x $289.82 Million
Hengyi Petrochemical Co Ltd (000703) $246.42 Million -7.64% 1.62x $1.44 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782) $472.56 Million 10.49% 1.13x $361.89 Million
Luxi Chemical Group Co Ltd (000830) $120.60 Million 41.32% 1.30x $2.28 Billion
China Minmetals Rare Earth Co Ltd (000831) $234.51 Million -303.65% 8.65x $5.40 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859) $2.70 Billion 10.47% 0.21x $884.45 Million
Cofco Biochemical Anhui Co Ltd (000930) $11.76 Billion 9.61% 0.54x $815.97 Million
Shandong Link Science and Technology Co Ltd (001207) $441.43 Million 14.99% 1.14x $330.19 Million
Zhejiang Bofay Elec Co Ltd (001255) $742.80 Million 1.78% 0.61x $169.49 Million
Guangdong Decro Film New (001378) $647.89 Million 29.53% 0.22x $241.78 Million