Jinneng Holding Shanxi Coal Industry Co Ltd (601001) - Net Assets

Latest as of September 2025: CN¥27.60 Billion CNY ≈ $4.04 Billion USD

Based on the latest financial reports, Jinneng Holding Shanxi Coal Industry Co Ltd (601001) has net assets worth CN¥27.60 Billion CNY (≈ $4.04 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¥35.01 Billion ≈ $5.12 Billion USD) and total liabilities (CN¥7.41 Billion ≈ $1.08 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. Read 601001 total debt and obligations for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥27.60 Billion
% of Total Assets	78.83%
Annual Growth Rate	15.61%
5-Year Change	111.74%
10-Year Change	176.01%
Growth Volatility	32.69

Jinneng Holding Shanxi Coal Industry Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Jinneng Holding Shanxi Coal Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Jinneng Holding Shanxi Coal Industry Co for the complete picture of this company's asset base.

Annual Net Assets for Jinneng Holding Shanxi Coal Industry Co Ltd (2003–2024)

The table below shows the annual net assets of Jinneng Holding Shanxi Coal Industry Co Ltd from 2003 to 2024. For live valuation and market cap data, see 601001 stock market capitalisation.

Year	Net Assets	Change
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 4044.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥14.05 Billion	75.98%
Common Stock	CN¥1.67 Billion	9.05%
Other Comprehensive Income	CN¥2.56 Billion	13.84%
Other Components	CN¥207.53 Million	1.12%
Total Equity	CN¥18.49 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
Almonty Industries Inc TO:AII	$4.73 Billion
Bachem Holding AG SW:BANB	$4.74 Billion
BRD Groupe Societe Generale SA RO:BRD	$4.74 Billion
Guoyuan Securities Co Ltd SHE:000728	$4.74 Billion
FORM.DE C.Y C.ADR 1/5/EO1 F:FCC0	$4.73 Billion
Zhejiang Kaishan Compressor SHE:300257	$4.73 Billion
Charoen Pokphand Foods Public Company Limited BK:CPF	$4.72 Billion
Moelis & Co NYSE:MC	$4.72 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 2023 to 2024, total equity changed from 16,896,831,797 to 18,494,298,783, a change of 1,597,466,986 (9.5%).
Net income of 2,808,059,614 contributed positively to equity growth.
Dividend payments of 1,489,588,049 reduced retained earnings.
Other comprehensive income increased equity by 114,886,607.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥2.81 Billion	+15.18%
Dividends Paid	CN¥1.49 Billion	-8.05%
Other Comprehensive Income	CN¥114.89 Million	+0.62%
Other Changes	CN¥164.11 Million	+0.89%
Total Change	CN¥-	9.45%

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: 1.75x
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 21.07x to 1.75x 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¥19.32	x
2004-12-31	CN¥0.95	CN¥19.32	x
2005-12-31	CN¥1.03	CN¥19.32	x
2006-12-31	CN¥2.44	CN¥19.32	x
2007-12-31	CN¥2.30	CN¥19.32	x
2008-12-31	CN¥3.80	CN¥19.32	x
2009-12-31	CN¥4.91	CN¥19.32	x
2010-12-31	CN¥5.59	CN¥19.32	x
2011-12-31	CN¥5.99	CN¥19.32	x
2012-12-31	CN¥5.93	CN¥19.32	x
2013-12-31	CN¥4.39	CN¥19.32	x
2014-12-31	CN¥4.40	CN¥19.32	x
2015-12-31	CN¥2.92	CN¥19.32	x
2016-12-31	CN¥2.96	CN¥19.32	x
2017-12-31	CN¥3.36	CN¥19.32	x
2018-12-31	CN¥3.26	CN¥19.32	x
2019-12-31	CN¥3.83	CN¥19.32	x
2020-12-31	CN¥4.35	CN¥19.32	x
2021-12-31	CN¥7.11	CN¥19.32	x
2022-12-31	CN¥8.68	CN¥19.32	x
2023-12-31	CN¥10.08	CN¥19.32	x
2024-12-31	CN¥11.06	CN¥19.32	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): 15.18%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 18.68%
• Asset Turnover: 0.40x
• Equity Multiplier: 2.03x
Recent ROE (15.18%) is above the historical average (12.48%), indicating improving 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

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: $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
Jinneng Holding Shanxi Coal Industry Co Ltd (601001)	CN¥27.60 Billion	17.79%	0.27x	$4.73 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 Jinneng Holding Shanxi Coal Industry Co Ltd

SHG:601001 China Thermal Coal

Market Cap

$4.73 Billion

CN¥32.34 Billion CNY

Market Cap Rank

#3743 Global

#603 in China

Share Price

CN¥19.32

Change (1 day)

-0.05%

52-Week Range

CN¥11.25 - CN¥19.33

All Time High

CN¥19.54