Shaanxi Heimao Coking Co Ltd

SHG:601015 China Chemicals
Market Cap
$1.46 Billion
CN¥10.70 Billion CNY
Market Cap Rank
#9854 Global
#2091 in China
Share Price
CN¥5.24
Change (1 day)
+1.35%
52-Week Range
CN¥2.81 - CN¥5.69
All Time High
CN¥12.28
About

Shaanxi Heimao Coking Co., Ltd. engages in the production and sale of coal coke and coal chemical products in China. The company offers coke, methanol, crude benzene, coal tar, synthetic ammonia, and fly ash autoclaved bricks. Shaanxi Heimao Coking Co., Ltd. was founded in 2003 and is based in Hancheng, China.

Shaanxi Heimao Coking Co Ltd (601015) - Net Assets

Latest net assets as of June 2025: CN¥7.74 Billion CNY

Based on the latest financial reports, Shaanxi Heimao Coking Co Ltd (601015) has net assets worth CN¥7.74 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥19.72 Billion) and total liabilities (CN¥11.98 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¥7.74 Billion
% of Total Assets 39.27%
Annual Growth Rate 10.23%
5-Year Change 8.55%
10-Year Change 97.37%
Growth Volatility 27.32

Shaanxi Heimao Coking Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Shaanxi Heimao Coking 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 Shaanxi Heimao Coking Co Ltd (2011–2024)

The table below shows the annual net assets of Shaanxi Heimao Coking Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥8.33 Billion -15.33%
2023-12-31 CN¥9.83 Billion -11.15%
2022-12-31 CN¥11.07 Billion +2.72%
2021-12-31 CN¥10.77 Billion +40.46%
2020-12-31 CN¥7.67 Billion +3.88%
2019-12-31 CN¥7.38 Billion -2.47%
2018-12-31 CN¥7.57 Billion +5.87%
2017-12-31 CN¥7.15 Billion +61.72%
2016-12-31 CN¥4.42 Billion +4.82%
2015-12-31 CN¥4.22 Billion -12.09%
2014-12-31 CN¥4.80 Billion +75.85%
2013-12-31 CN¥2.73 Billion +5.49%
2012-12-31 CN¥2.59 Billion +10.25%
2011-12-31 CN¥2.35 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Shaanxi Heimao Coking 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 decreased by 24.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥482.97 Million 7.55%
Other Components CN¥5.91 Billion 92.45%
Total Equity CN¥6.39 Billion 100.00%

Shaanxi Heimao Coking Co Ltd Competitors by Market Cap

The table below lists competitors of Shaanxi Heimao Coking Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shaanxi Heimao Coking Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,619,510,508 to 6,393,264,860, a change of -1,226,245,648 (-16.1%).
  • Net loss of 1,158,329,860 reduced equity.
  • Dividend payments of 215,520,652 reduced retained earnings.
  • Other factors increased equity by 147,604,864.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-1.16 Billion -18.12%
Dividends Paid CN¥215.52 Million -3.37%
Other Changes CN¥147.60 Million +2.31%
Total Change CN¥- -16.09%

Book Value vs Market Value Analysis

This analysis compares Shaanxi Heimao Coking 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: 1.67x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 CN¥3.31 CN¥5.24 x
2018-12-31 CN¥3.50 CN¥5.24 x
2019-12-31 CN¥3.46 CN¥5.24 x
2020-12-31 CN¥3.53 CN¥5.24 x
2021-12-31 CN¥4.15 CN¥5.24 x
2022-12-31 CN¥4.32 CN¥5.24 x
2023-12-31 CN¥3.73 CN¥5.24 x
2024-12-31 CN¥3.13 CN¥5.24 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shaanxi Heimao Coking 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): -18.12%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7.94%
  • • Asset Turnover: 0.70x
  • • Equity Multiplier: 3.26x
  • Recent ROE (-18.12%) is below the historical average (3.98%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 18.76% 7.34% 0.69x 3.72x CN¥136.34 Million
2012 12.59% 3.61% 0.88x 3.98x CN¥46.15 Million
2013 8.96% 2.32% 0.85x 4.55x CN¥-20.31 Million
2014 6.76% 2.86% 0.56x 4.24x CN¥-91.51 Million
2015 -11.29% -5.38% 0.51x 4.14x CN¥-529.68 Million
2016 7.89% 3.88% 0.52x 3.90x CN¥-57.84 Million
2017 4.59% 2.58% 0.68x 2.60x CN¥-291.82 Million
2018 5.70% 3.11% 0.72x 2.55x CN¥-245.03 Million
2019 0.51% 0.31% 0.64x 2.62x CN¥-534.56 Million
2020 4.84% 3.07% 0.54x 2.90x CN¥-296.73 Million
2021 18.01% 8.08% 0.91x 2.44x CN¥679.31 Million
2022 3.20% 1.21% 1.08x 2.44x CN¥-599.63 Million
2023 -6.72% -2.75% 0.89x 2.74x CN¥-1.27 Billion
2024 -18.12% -7.94% 0.70x 3.26x CN¥-1.80 Billion

Industry Comparison

This section compares Shaanxi Heimao Coking 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
Shaanxi Heimao Coking Co Ltd (601015) CN¥7.74 Billion 18.76% 1.55x $543.21 Million
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