Jinneng Holding Shanxi Coal Industry Co Ltd (601001) - Net Assets
Based on the latest financial reports, Jinneng Holding Shanxi Coal Industry Co Ltd (601001) has net assets worth CN¥28.23 Billion CNY (≈ $4.13 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥36.19 Billion ≈ $5.30 Billion USD) and total liabilities (CN¥7.96 Billion ≈ $1.16 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 601001 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥28.23 Billion |
| % of Total Assets | 78.01% |
| Annual Growth Rate | 15.02% |
| 5-Year Change | 54.82% |
| 10-Year Change | 174.19% |
| Growth Volatility | 32.11 |
Jinneng Holding Shanxi Coal Industry Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Jinneng Holding Shanxi Coal Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 601001 stock market capitalisation.
Annual Net Assets for Jinneng Holding Shanxi Coal Industry Co Ltd (2003–2025)
The table below shows the annual net assets of Jinneng Holding Shanxi Coal Industry Co Ltd from 2003 to 2025. Also explore net asset growth rate of Jinneng Holding Shanxi Coal Industry Co to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥27.58 Billion ≈ $4.04 Billion |
+3.28% |
| 2024-12-31 | CN¥26.70 Billion ≈ $3.91 Billion |
+9.57% |
| 2023-12-31 | CN¥24.37 Billion ≈ $3.57 Billion |
+15.02% |
| 2022-12-31 | CN¥21.19 Billion ≈ $3.10 Billion |
+18.95% |
| 2021-12-31 | CN¥17.81 Billion ≈ $2.61 Billion |
+41.25% |
| 2020-12-31 | CN¥12.61 Billion ≈ $1.85 Billion |
+11.84% |
| 2019-12-31 | CN¥11.28 Billion ≈ $1.65 Billion |
+14.02% |
| 2018-12-31 | CN¥9.89 Billion ≈ $1.45 Billion |
-13.42% |
| 2017-12-31 | CN¥11.42 Billion ≈ $1.67 Billion |
+13.56% |
| 2016-12-31 | CN¥10.06 Billion ≈ $1.47 Billion |
+3.97% |
| 2015-12-31 | CN¥9.68 Billion ≈ $1.42 Billion |
-21.03% |
| 2014-12-31 | CN¥12.25 Billion ≈ $1.79 Billion |
+12.46% |
| 2013-12-31 | CN¥10.89 Billion ≈ $1.59 Billion |
-22.60% |
| 2012-12-31 | CN¥14.08 Billion ≈ $2.06 Billion |
+0.73% |
| 2011-12-31 | CN¥13.97 Billion ≈ $2.04 Billion |
+11.23% |
| 2010-12-31 | CN¥12.56 Billion ≈ $1.84 Billion |
+17.55% |
| 2009-12-31 | CN¥10.69 Billion ≈ $1.56 Billion |
+27.51% |
| 2008-12-31 | CN¥8.38 Billion ≈ $1.23 Billion |
+94.35% |
| 2007-12-31 | CN¥4.31 Billion ≈ $631.10 Million |
+19.77% |
| 2006-12-31 | CN¥3.60 Billion ≈ $526.92 Million |
+122.93% |
| 2005-12-31 | CN¥1.62 Billion ≈ $236.36 Million |
+7.64% |
| 2004-12-31 | CN¥1.50 Billion ≈ $219.58 Million |
+18.20% |
| 2003-12-31 | CN¥1.27 Billion ≈ $185.77 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jinneng Holding Shanxi Coal Industry 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 4212.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥14.62 Billion | 76.61% |
| Other Components | CN¥4.46 Billion | 23.39% |
| Total Equity | CN¥19.08 Billion | 100.00% |
Jinneng Holding Shanxi Coal Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Jinneng Holding Shanxi Coal Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AVIC Capital Co Ltd
SHG:600705
|
$4.48 Billion |
|
BILFINGER SE UNSP.ADR 1/5
F:GBFU
|
$4.48 Billion |
|
Page Industries Limited
NSE:PAGEIND
|
$4.48 Billion |
|
TaTaTu SpA
PA:ALTTU
|
$4.48 Billion |
|
Acerinox
MC:ACX
|
$4.47 Billion |
|
IONOS GROUP N
XETRA:IOS
|
$4.47 Billion |
|
Humanwell Healthcare Group Co Ltd
SHG:600079
|
$4.47 Billion |
|
Ningxia Orient Tantalum Industry Co Ltd
SHE:000962
|
$4.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinneng Holding Shanxi Coal Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,494,298,783 to 19,083,799,616, a change of 589,500,833 (3.2%).
- Net income of 1,831,477,306 contributed positively to equity growth.
- Dividend payments of 1,321,376,492 reduced retained earnings.
- Other comprehensive income decreased equity by 2,560,493,783.
- Other factors increased equity by 2,639,893,802.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.83 Billion | +9.6% |
| Dividends Paid | CN¥1.32 Billion | -6.92% |
| Other Comprehensive Income | CN¥-2.56 Billion | -13.42% |
| Other Changes | CN¥2.64 Billion | +13.83% |
| Total Change | CN¥- | 3.19% |
Book Value vs Market Value Analysis
This analysis compares Jinneng Holding Shanxi Coal Industry 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: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 19.94x to 1.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.92 | CN¥18.28 | x |
| 2004-12-31 | CN¥0.95 | CN¥18.28 | x |
| 2005-12-31 | CN¥1.03 | CN¥18.28 | x |
| 2006-12-31 | CN¥2.44 | CN¥18.28 | x |
| 2007-12-31 | CN¥2.30 | CN¥18.28 | x |
| 2008-12-31 | CN¥3.80 | CN¥18.28 | x |
| 2009-12-31 | CN¥4.91 | CN¥18.28 | x |
| 2010-12-31 | CN¥5.59 | CN¥18.28 | x |
| 2011-12-31 | CN¥5.99 | CN¥18.28 | x |
| 2012-12-31 | CN¥5.93 | CN¥18.28 | x |
| 2013-12-31 | CN¥4.39 | CN¥18.28 | x |
| 2014-12-31 | CN¥4.40 | CN¥18.28 | x |
| 2015-12-31 | CN¥2.92 | CN¥18.28 | x |
| 2016-12-31 | CN¥2.96 | CN¥18.28 | x |
| 2017-12-31 | CN¥3.36 | CN¥18.28 | x |
| 2018-12-31 | CN¥3.26 | CN¥18.28 | x |
| 2019-12-31 | CN¥3.83 | CN¥18.28 | x |
| 2020-12-31 | CN¥4.35 | CN¥18.28 | x |
| 2021-12-31 | CN¥7.11 | CN¥18.28 | x |
| 2022-12-31 | CN¥8.68 | CN¥18.28 | x |
| 2023-12-31 | CN¥10.08 | CN¥18.28 | x |
| 2024-12-31 | CN¥11.06 | CN¥18.28 | x |
| 2025-12-31 | CN¥11.40 | CN¥18.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinneng Holding Shanxi Coal Industry 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): 9.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.97%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.88x
- Recent ROE (9.60%) is below the historical average (12.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 17.79% | 11.14% | 0.82x | 1.94x | CN¥98.95 Million |
| 2004 | 29.47% | 15.54% | 0.67x | 2.84x | CN¥255.39 Million |
| 2005 | 31.47% | 14.26% | 0.66x | 3.34x | CN¥306.14 Million |
| 2006 | 14.52% | 12.57% | 0.55x | 2.10x | CN¥153.09 Million |
| 2007 | 12.99% | 9.82% | 0.62x | 2.14x | CN¥114.78 Million |
| 2008 | 31.68% | 24.12% | 0.65x | 2.03x | CN¥1.38 Billion |
| 2009 | 18.12% | 15.70% | 0.63x | 1.85x | CN¥668.11 Million |
| 2010 | 13.77% | 12.31% | 0.62x | 1.82x | CN¥352.68 Million |
| 2011 | 10.76% | 6.75% | 0.85x | 1.87x | CN¥76.65 Million |
| 2012 | 0.67% | 0.36% | 0.80x | 2.32x | CN¥-865.42 Million |
| 2013 | -19.13% | -12.92% | 0.54x | 2.76x | CN¥-2.13 Billion |
| 2014 | 2.05% | 1.72% | 0.35x | 3.38x | CN¥-579.41 Million |
| 2015 | -36.98% | -25.26% | 0.27x | 5.43x | CN¥-2.29 Billion |
| 2016 | 3.72% | 2.51% | 0.28x | 5.26x | CN¥-313.41 Million |
| 2017 | 10.73% | 6.54% | 0.34x | 4.82x | CN¥40.62 Million |
| 2018 | 11.97% | 5.86% | 0.44x | 4.60x | CN¥108.64 Million |
| 2019 | 14.01% | 7.90% | 0.41x | 4.29x | CN¥257.02 Million |
| 2020 | 12.02% | 8.03% | 0.34x | 4.39x | CN¥147.27 Million |
| 2021 | 39.14% | 25.50% | 0.45x | 3.39x | CN¥3.47 Billion |
| 2022 | 20.98% | 18.96% | 0.38x | 2.91x | CN¥1.60 Billion |
| 2023 | 19.54% | 21.52% | 0.41x | 2.23x | CN¥1.61 Billion |
| 2024 | 15.18% | 18.68% | 0.40x | 2.03x | CN¥958.63 Million |
| 2025 | 9.60% | 13.97% | 0.37x | 1.88x | CN¥-76.90 Million |
Industry Comparison
This section compares Jinneng Holding Shanxi Coal Industry Co Ltd's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $10,137,634,698
- Average return on equity (ROE) among peers: 19.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jinneng Holding Shanxi Coal Industry Co Ltd (601001) | CN¥28.23 Billion | 17.79% | 0.28x | $4.48 Billion |
| Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) | $95.30 Million | 34.44% | 3.98x | $1.97 Billion |
| Jizhong Energy Resources Co Ltd (000937) | $1.62 Billion | 15.60% | 0.47x | $2.32 Billion |
| Shanxi Xishan Coal and Electricity Power Co Ltd (000983) | $511.29 Million | 37.45% | 1.24x | $5.50 Billion |
| Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) | $12.36 Billion | 16.42% | 0.43x | $9.26 Billion |
| Guangzhou Development Group Inc (600098) | $8.78 Billion | 8.93% | 0.23x | $3.19 Billion |
| Zhengzhou Coal Industry & Electric Power Co Ltd (600121) | $4.38 Billion | 3.85% | 1.91x | $939.60 Million |
| Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) | $1.29 Billion | 21.81% | 0.76x | $1.55 Billion |
| Wintime Energy Co Ltd (600157) | $29.13 Billion | 2.30% | 2.37x | $4.85 Billion |
| Yankuang Energy Group Co Ltd (600188) | $36.81 Billion | 24.47% | 0.98x | $17.75 Billion |
| Shan XI Hua Yang Group New Energy Co Ltd (600348) | $6.40 Billion | 29.02% | 1.72x | $4.88 Billion |
About Jinneng Holding Shanxi Coal Industry Co Ltd
Jinneng Holding Shanxi Coal Industry Co.,ltd., together with its subsidiaries, engages in the production and sales of coal in China. Its products are used in power, metallurgy, building materials, and chemical industries. Jinneng Holding Shanxi Coal Industry Co.,ltd. was incorporated in 2001 and is based in Datong, China. Jinneng Holding Shanxi Coal Industry Co.,ltd. is a subsidiary of Jinneng Ho… Read more