Shaanxi Heimao Coking Co Ltd (601015) - Net Assets
Based on the latest financial reports, Shaanxi Heimao Coking Co Ltd (601015) has net assets worth CN¥7.74 Billion CNY (≈ $1.13 Billion USD) 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 ≈ $2.89 Billion USD) and total liabilities (CN¥11.98 Billion ≈ $1.75 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 asset resilience ratio of Shaanxi Heimao Coking Co Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Shaanxi Heimao Coking Co Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Shaanxi Heimao Coking Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.33 Billion ≈ $1.22 Billion |
-15.33% |
| 2023-12-31 | CN¥9.83 Billion ≈ $1.44 Billion |
-11.15% |
| 2022-12-31 | CN¥11.07 Billion ≈ $1.62 Billion |
+2.72% |
| 2021-12-31 | CN¥10.77 Billion ≈ $1.58 Billion |
+40.46% |
| 2020-12-31 | CN¥7.67 Billion ≈ $1.12 Billion |
+3.88% |
| 2019-12-31 | CN¥7.38 Billion ≈ $1.08 Billion |
-2.47% |
| 2018-12-31 | CN¥7.57 Billion ≈ $1.11 Billion |
+5.87% |
| 2017-12-31 | CN¥7.15 Billion ≈ $1.05 Billion |
+61.72% |
| 2016-12-31 | CN¥4.42 Billion ≈ $647.01 Million |
+4.82% |
| 2015-12-31 | CN¥4.22 Billion ≈ $617.28 Million |
-12.09% |
| 2014-12-31 | CN¥4.80 Billion ≈ $702.21 Million |
+75.85% |
| 2013-12-31 | CN¥2.73 Billion ≈ $399.32 Million |
+5.49% |
| 2012-12-31 | CN¥2.59 Billion ≈ $378.54 Million |
+10.25% |
| 2011-12-31 | CN¥2.35 Billion ≈ $343.35 Million |
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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.
| Company | Market Cap |
|---|---|
|
UOA Development Bhd
KLSE:5200
|
$1.22 Billion |
|
Under Armour Inc A
NYSE:UAA
|
$1.22 Billion |
|
Beijing VRV Software Corp Ltd
SHE:300352
|
$1.22 Billion |
|
Foschini Group Ltd
JSE:TFG
|
$1.22 Billion |
|
Jiangsu Changbao Steeltube Co Ltd
SHE:002478
|
$1.22 Billion |
|
Sansteel MinGuang Co Ltd Fujian
SHE:002110
|
$1.22 Billion |
|
Shaanxi Fenghuo Electronics Co Ltd
SHE:000561
|
$1.22 Billion |
|
Ramkrishna Forgings Limited
NSE:RKFORGE
|
$1.22 Billion |
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: 1.30x
- 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¥4.08 | x |
| 2018-12-31 | CN¥3.50 | CN¥4.08 | x |
| 2019-12-31 | CN¥3.46 | CN¥4.08 | x |
| 2020-12-31 | CN¥3.53 | CN¥4.08 | x |
| 2021-12-31 | CN¥4.15 | CN¥4.08 | x |
| 2022-12-31 | CN¥4.32 | CN¥4.08 | x |
| 2023-12-31 | CN¥3.73 | CN¥4.08 | x |
| 2024-12-31 | CN¥3.13 | CN¥4.08 | 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: $2,769,045,563
- Average return on equity (ROE) among peers: 6.73%
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 | $1.22 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.37 Billion | 0.00% | 0.79x | $1.28 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.46 Billion | 0.78% | 1.16x | $4.82 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $506.50 Million | 16.41% | 1.45x | $12.92 Billion |
| Zangge Holding Co Ltd (000408) | $304.26 Million | 8.29% | 1.38x | $20.72 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.46 Billion | 0.89% | 0.57x | $1.47 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $269.12 Million | 8.73% | 0.27x | $438.99 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $855.32 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $934.64 Million | 13.67% | 2.94x | $472.35 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $1.03 Billion | 8.78% | 0.45x | $362.87 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $19.62 Billion | 9.23% | 0.83x | $4.87 Billion |
About Shaanxi Heimao Coking Co Ltd
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.