Kailuan Energy Chemical Co Ltd (600997) - Net Assets
Based on the latest financial reports, Kailuan Energy Chemical Co Ltd (600997) has net assets worth CN¥15.05 Billion CNY (≈ $2.20 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¥26.44 Billion ≈ $3.87 Billion USD) and total liabilities (CN¥11.39 Billion ≈ $1.67 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 Kailuan Energy Chemical Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥15.05 Billion |
| % of Total Assets | 56.94% |
| Annual Growth Rate | 15.64% |
| 5-Year Change | 7.43% |
| 10-Year Change | 88.15% |
| Growth Volatility | 33.55 |
Kailuan Energy Chemical Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Kailuan Energy Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Kailuan Energy Chemical Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Kailuan Energy Chemical Co Ltd (2001–2024)
The table below shows the annual net assets of Kailuan Energy Chemical Co Ltd from 2001 to 2024. For live valuation and market cap data, see 600997 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥15.29 Billion ≈ $2.24 Billion |
-1.93% |
| 2023-12-31 | CN¥15.59 Billion ≈ $2.28 Billion |
-0.94% |
| 2022-12-31 | CN¥15.74 Billion ≈ $2.30 Billion |
+0.94% |
| 2021-12-31 | CN¥15.59 Billion ≈ $2.28 Billion |
+9.55% |
| 2020-12-31 | CN¥14.23 Billion ≈ $2.08 Billion |
+5.58% |
| 2019-12-31 | CN¥13.48 Billion ≈ $1.97 Billion |
+7.40% |
| 2018-12-31 | CN¥12.55 Billion ≈ $1.84 Billion |
+13.16% |
| 2017-12-31 | CN¥11.09 Billion ≈ $1.62 Billion |
+26.66% |
| 2016-12-31 | CN¥8.76 Billion ≈ $1.28 Billion |
+7.77% |
| 2015-12-31 | CN¥8.13 Billion ≈ $1.19 Billion |
-8.32% |
| 2014-12-31 | CN¥8.86 Billion ≈ $1.30 Billion |
+0.65% |
| 2013-12-31 | CN¥8.81 Billion ≈ $1.29 Billion |
+1.63% |
| 2012-12-31 | CN¥8.66 Billion ≈ $1.27 Billion |
+5.43% |
| 2011-12-31 | CN¥8.22 Billion ≈ $1.20 Billion |
+15.21% |
| 2010-12-31 | CN¥7.13 Billion ≈ $1.04 Billion |
+23.25% |
| 2009-12-31 | CN¥5.79 Billion ≈ $846.89 Million |
+15.52% |
| 2008-12-31 | CN¥5.01 Billion ≈ $733.12 Million |
+51.03% |
| 2007-12-31 | CN¥3.32 Billion ≈ $485.40 Million |
+22.37% |
| 2006-12-31 | CN¥2.71 Billion ≈ $396.67 Million |
+19.20% |
| 2005-12-31 | CN¥2.27 Billion ≈ $332.79 Million |
+16.24% |
| 2004-12-31 | CN¥1.96 Billion ≈ $286.30 Million |
+165.38% |
| 2003-12-31 | CN¥737.25 Million ≈ $107.88 Million |
+14.13% |
| 2002-12-31 | CN¥645.94 Million ≈ $94.52 Million |
+19.42% |
| 2001-12-31 | CN¥540.90 Million ≈ $79.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kailuan Energy Chemical 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 25254.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥8.44 Billion | 59.04% |
| Common Stock | CN¥1.59 Billion | 11.11% |
| Other Comprehensive Income | CN¥2.69 Billion | 18.80% |
| Other Components | CN¥1.58 Billion | 11.06% |
| Total Equity | CN¥14.30 Billion | 100.00% |
Kailuan Energy Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Kailuan Energy Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Upwork Inc
NASDAQ:UPWK
|
$1.37 Billion |
|
Shenzhen Fenda Technology Co Ltd
SHE:002681
|
$1.37 Billion |
|
Proto Labs Inc
NYSE:PRLB
|
$1.37 Billion |
|
Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718
|
$1.37 Billion |
|
Dar Global Plc
LSE:DAR
|
$1.37 Billion |
|
Morgan Stanley Direct Lending Fund
NYSE:MSDL
|
$1.37 Billion |
|
Enovix Corp
NASDAQ:ENVX
|
$1.37 Billion |
|
Miracle Automation Engineering
SHE:002009
|
$1.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kailuan Energy Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,238,584,236 to 14,297,659,385, a change of 59,075,149 (0.4%).
- Net income of 815,729,919 contributed positively to equity growth.
- Dividend payments of 720,947,642 reduced retained earnings.
- Other comprehensive income decreased equity by 9,029,231.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥815.73 Million | +5.71% |
| Dividends Paid | CN¥720.95 Million | -5.04% |
| Other Comprehensive Income | CN¥-9.03 Million | -0.06% |
| Other Changes | CN¥-26.68 Million | -0.19% |
| Total Change | CN¥- | 0.41% |
Book Value vs Market Value Analysis
This analysis compares Kailuan Energy Chemical 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: 0.66x
- 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 12.22x to 0.66x 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¥0.48 | CN¥5.89 | x |
| 2002-12-31 | CN¥0.58 | CN¥5.89 | x |
| 2003-12-31 | CN¥0.66 | CN¥5.89 | x |
| 2004-12-31 | CN¥1.74 | CN¥5.89 | x |
| 2005-12-31 | CN¥1.99 | CN¥5.89 | x |
| 2006-12-31 | CN¥2.24 | CN¥5.89 | x |
| 2007-12-31 | CN¥2.66 | CN¥5.89 | x |
| 2008-12-31 | CN¥3.83 | CN¥5.89 | x |
| 2009-12-31 | CN¥4.06 | CN¥5.89 | x |
| 2010-12-31 | CN¥4.65 | CN¥5.89 | x |
| 2011-12-31 | CN¥5.25 | CN¥5.89 | x |
| 2012-12-31 | CN¥5.64 | CN¥5.89 | x |
| 2013-12-31 | CN¥5.55 | CN¥5.89 | x |
| 2014-12-31 | CN¥5.67 | CN¥5.89 | x |
| 2015-12-31 | CN¥5.35 | CN¥5.89 | x |
| 2016-12-31 | CN¥5.70 | CN¥5.89 | x |
| 2017-12-31 | CN¥5.94 | CN¥5.89 | x |
| 2018-12-31 | CN¥6.64 | CN¥5.89 | x |
| 2019-12-31 | CN¥7.13 | CN¥5.89 | x |
| 2020-12-31 | CN¥7.61 | CN¥5.89 | x |
| 2021-12-31 | CN¥8.48 | CN¥5.89 | x |
| 2022-12-31 | CN¥8.86 | CN¥5.89 | x |
| 2023-12-31 | CN¥9.01 | CN¥5.89 | x |
| 2024-12-31 | CN¥8.94 | CN¥5.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kailuan Energy Chemical 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): 5.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.85%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.89x
- Recent ROE (5.71%) is below the historical average (11.62%), 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 | 17.22% | 11.53% | 0.67x | 2.24x | CN¥39.05 Million |
| 2002 | 18.29% | 12.51% | 0.70x | 2.08x | CN¥53.52 Million |
| 2003 | 18.86% | 13.29% | 0.70x | 2.04x | CN¥65.31 Million |
| 2004 | 13.45% | 16.96% | 0.57x | 1.40x | CN¥67.43 Million |
| 2005 | 17.86% | 15.35% | 0.63x | 1.85x | CN¥175.44 Million |
| 2006 | 19.39% | 15.45% | 0.55x | 2.27x | CN¥236.42 Million |
| 2007 | 20.67% | 10.12% | 0.84x | 2.42x | CN¥319.23 Million |
| 2008 | 19.20% | 8.85% | 0.80x | 2.72x | CN¥396.83 Million |
| 2009 | 16.49% | 7.50% | 0.82x | 2.69x | CN¥323.77 Million |
| 2010 | 15.07% | 5.73% | 0.94x | 2.78x | CN¥292.13 Million |
| 2011 | 12.20% | 4.05% | 1.00x | 3.02x | CN¥141.49 Million |
| 2012 | 7.10% | 2.56% | 0.91x | 3.06x | CN¥-199.49 Million |
| 2013 | 3.61% | 1.47% | 0.84x | 2.94x | CN¥-446.34 Million |
| 2014 | 1.41% | 0.69% | 0.66x | 3.11x | CN¥-601.86 Million |
| 2015 | -6.36% | -4.00% | 0.51x | 3.10x | CN¥-1.07 Billion |
| 2016 | 6.14% | 3.68% | 0.58x | 2.89x | CN¥-270.90 Million |
| 2017 | 5.55% | 2.78% | 0.82x | 2.42x | CN¥-413.66 Million |
| 2018 | 12.96% | 6.66% | 0.82x | 2.36x | CN¥311.12 Million |
| 2019 | 10.15% | 5.73% | 0.82x | 2.16x | CN¥17.27 Million |
| 2020 | 8.92% | 5.93% | 0.66x | 2.26x | CN¥-130.53 Million |
| 2021 | 14.30% | 8.32% | 0.78x | 2.21x | CN¥579.47 Million |
| 2022 | 13.16% | 7.12% | 0.90x | 2.07x | CN¥444.46 Million |
| 2023 | 7.66% | 4.77% | 0.79x | 2.02x | CN¥-333.48 Million |
| 2024 | 5.71% | 3.85% | 0.78x | 1.89x | CN¥-614.04 Million |
Industry Comparison
This section compares Kailuan Energy Chemical Co Ltd's net assets metrics with peer companies in the Coking Coal industry.
Industry Context
- Industry: Coking Coal
- Average net assets among peers: $1,466,599,297
- Average return on equity (ROE) among peers: -3.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kailuan Energy Chemical Co Ltd (600997) | CN¥15.05 Billion | 17.22% | 0.76x | $1.37 Billion |
| Shandong Jinling Mining Co Ltd (000655) | $3.40 Billion | 6.00% | 0.15x | $723.07 Million |
| Shanxi Meijin Energy Co Ltd (000723) | $414.91 Million | 16.74% | 1.56x | $2.87 Billion |
| Anyuan Coal Industry Group Co Ltd (600397) | $358.59 Million | -31.73% | 21.02x | $2.08 Billion |
| Shanxi Antai Group Co Ltd (600408) | $730.03 Million | -38.62% | 6.49x | $486.18 Million |
| ShanXi Coking Co Ltd (600740) | $430.42 Million | 8.33% | 1.17x | $1.61 Billion |
| Fujian Oriental Silver Star Investment Co Ltd (600753) | $183.10 Million | 11.43% | 0.28x | $439.46 Million |
| Yunnan Coal & Energy Co Ltd (600792) | $-206.71 Million | 0.00% | 0.00x | $732.50 Million |
| Baotailong New Materials Co Ltd (601011) | $6.42 Billion | 2.52% | 0.60x | $880.21 Million |
About Kailuan Energy Chemical Co Ltd
Kailuan Energy Chemical Co.,Ltd. engages in coal, coal chemical, and other businesses in China and internationally. It is involved in coal mining, raw coal washing and processing; coking; and production and sales of coal chemical products. The company offers chemical products, such as methanol, benzene, adipic acid, and polyoxymethylene. The company was formerly known as Kailuan Coal Co., Ltd. Ka… Read more