Ningxia Baofeng Energy Group Co Ltd

SHG:600989 China Chemicals
Market Cap
$34.68 Billion
CN¥254.47 Billion CNY
Market Cap Rank
#1710 Global
#87 in China
Share Price
CN¥34.70
Change (1 day)
+2.88%
52-Week Range
CN¥14.30 - CN¥34.70
All Time High
CN¥34.70
Categories
Companies in China Chemicals
About

Ningxia Baofeng Energy Group Co., Ltd., together with its subsidiaries, produces and sells methanol and olefin products in China. It is also involved in coal mining, washing, coking production, and other production and operation processes; produces and processes coal tar, crude benzene, and C4 deep-processed products; and investment and financing activities. Ningxia Baofeng Energy Group Co., Ltd.… Read more

Ningxia Baofeng Energy Group Co Ltd (600989) - Net Assets

Latest net assets as of September 2025: CN¥45.96 Billion CNY

Based on the latest financial reports, Ningxia Baofeng Energy Group Co Ltd (600989) has net assets worth CN¥45.96 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¥90.29 Billion) and total liabilities (CN¥44.33 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¥45.96 Billion
% of Total Assets 50.9%
Annual Growth Rate 23.49%
5-Year Change 66.04%
10-Year Change 371.99%
Growth Volatility 19.85

Ningxia Baofeng Energy Group Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Ningxia Baofeng Energy Group 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 Ningxia Baofeng Energy Group Co Ltd (2007–2024)

The table below shows the annual net assets of Ningxia Baofeng Energy Group Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥43.01 Billion +11.60%
2023-12-31 CN¥38.54 Billion +13.76%
2022-12-31 CN¥33.87 Billion +10.38%
2021-12-31 CN¥30.69 Billion +18.49%
2020-12-31 CN¥25.90 Billion +10.91%
2019-12-31 CN¥23.35 Billion +70.67%
2018-12-31 CN¥13.68 Billion +19.36%
2017-12-31 CN¥11.46 Billion +5.29%
2016-12-31 CN¥10.89 Billion +19.49%
2015-12-31 CN¥9.11 Billion +20.31%
2014-12-31 CN¥7.57 Billion +13.41%
2013-12-31 CN¥6.68 Billion +38.99%
2012-12-31 CN¥4.80 Billion +30.23%
2011-12-31 CN¥3.69 Billion +28.72%
2010-12-31 CN¥2.87 Billion +28.74%
2009-12-31 CN¥2.23 Billion +6.01%
2008-12-31 CN¥2.10 Billion +76.34%
2007-12-31 CN¥1.19 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Ningxia Baofeng Energy Group 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 59595.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥24.92 Billion 57.95%
Common Stock CN¥7.33 Billion 17.05%
Other Comprehensive Income CN¥311.40 Million 0.72%
Other Components CN¥10.44 Billion 24.27%
Total Equity CN¥43.01 Billion 100.00%

Ningxia Baofeng Energy Group Co Ltd Competitors by Market Cap

The table below lists competitors of Ningxia Baofeng Energy Group Co Ltd ranked by their market capitalization.

Company Market Cap
Jentech Precision Industrial Co Ltd
TW:3653
 		$9.79 Billion
Chubu Electric Power Company Incorporated
F:0C2
 		$9.80 Billion
Kunlun Energy Co Ltd PK
PINK:KLYCY
 		$9.80 Billion
NIO INC. CL. A DL -00025
F:N3I
 		$9.81 Billion
Nestle India Limited
NSE:NESTLEIND
 		$9.79 Billion
Beijing-Shanghai High Speed Railway Co Ltd
SHG:601816
 		$9.78 Billion
Bayer Aktiengesellschaft
F:BAYA
 		$9.78 Billion
Hyundai Motor Company
F:HYU
 		$9.78 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ningxia Baofeng Energy Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 38,536,704,775 to 43,006,220,908, a change of 4,469,516,133 (11.6%).
  • Net income of 6,337,676,312 contributed positively to equity growth.
  • Dividend payments of 3,206,270,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 2,768,279,340.
  • Other factors increased equity by 4,106,389,161.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥6.34 Billion +14.74%
Dividends Paid CN¥3.21 Billion -7.46%
Other Comprehensive Income CN¥-2.77 Billion -6.44%
Other Changes CN¥4.11 Billion +9.55%
Total Change CN¥- 11.60%

Book Value vs Market Value Analysis

This analysis compares Ningxia Baofeng Energy Group 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: 5.90x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 193.42x to 5.90x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 CN¥0.18 CN¥34.70 x
2008-12-31 CN¥0.32 CN¥34.70 x
2009-12-31 CN¥0.34 CN¥34.70 x
2010-12-31 CN¥0.42 CN¥34.70 x
2011-12-31 CN¥0.55 CN¥34.70 x
2012-12-31 CN¥1.88 CN¥34.70 x
2013-12-31 CN¥1.15 CN¥34.70 x
2014-12-31 CN¥1.15 CN¥34.70 x
2015-12-31 CN¥1.38 CN¥34.70 x
2016-12-31 CN¥1.65 CN¥34.70 x
2017-12-31 CN¥1.74 CN¥34.70 x
2018-12-31 CN¥2.07 CN¥34.70 x
2019-12-31 CN¥3.30 CN¥34.70 x
2020-12-31 CN¥3.53 CN¥34.70 x
2021-12-31 CN¥4.19 CN¥34.70 x
2022-12-31 CN¥4.63 CN¥34.70 x
2023-12-31 CN¥5.27 CN¥34.70 x
2024-12-31 CN¥5.88 CN¥34.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ningxia Baofeng Energy Group 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): 14.74%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 19.22%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 2.08x
  • Recent ROE (14.74%) is below the historical average (14.74%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 3.00% 46.87% 0.02x 2.67x CN¥-83.01 Million
2008 1.58% 4.65% 0.13x 2.69x CN¥-176.32 Million
2009 2.75% 3.75% 0.22x 3.32x CN¥-160.97 Million
2010 17.18% 16.76% 0.30x 3.46x CN¥197.23 Million
2011 27.40% 27.59% 0.28x 3.53x CN¥629.01 Million
2012 11.80% 17.26% 0.20x 3.37x CN¥84.45 Million
2013 9.91% 16.37% 0.20x 3.06x CN¥-5.82 Million
2014 1.66% 3.64% 0.14x 3.31x CN¥-631.90 Million
2015 16.62% 21.39% 0.27x 2.88x CN¥603.46 Million
2016 15.78% 21.41% 0.29x 2.54x CN¥629.67 Million
2017 25.50% 23.77% 0.49x 2.18x CN¥1.78 Billion
2018 27.01% 28.31% 0.49x 1.96x CN¥2.33 Billion
2019 16.28% 28.02% 0.41x 1.43x CN¥1.47 Billion
2020 17.85% 29.02% 0.42x 1.47x CN¥2.03 Billion
2021 23.04% 30.35% 0.53x 1.45x CN¥4.00 Billion
2022 18.61% 22.17% 0.49x 1.70x CN¥2.92 Billion
2023 14.66% 19.39% 0.41x 1.86x CN¥1.80 Billion
2024 14.74% 19.22% 0.37x 2.08x CN¥2.04 Billion

Industry Comparison

This section compares Ningxia Baofeng Energy Group Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,626,916,213
  • Average return on equity (ROE) among peers: 12.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ningxia Baofeng Energy Group Co Ltd (600989) CN¥45.96 Billion 3.00% 0.96x $9.79 Billion
North Huajin Chemical Industries Co Ltd (000059) $6.22 Billion 3.15% 2.45x $677.73 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $1.22 Billion 8.90% 0.47x $2.89 Billion
Zangge Holding Co Ltd (000408) $13.85 Billion 18.63% 0.09x $11.87 Billion
Sichuan Jinlu Group Co Ltd (000510) $31.03 Million 11.65% 3.42x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $258.76 Million 6.78% 0.30x $423.89 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $225.85 Million
Ningxia Younglight Chemicals Co Ltd (000635) $184.46 Million 13.30% 2.58x $295.21 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million