Shaanxi Coal Industry Co Ltd (601225) - Net Assets
Based on the latest financial reports, Shaanxi Coal Industry Co Ltd (601225) has net assets worth CN¥145.83 Billion CNY (≈ $21.34 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¥243.46 Billion ≈ $35.63 Billion USD) and total liabilities (CN¥97.63 Billion ≈ $14.29 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 allocation strategy of Shaanxi Coal Industry Co Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥145.83 Billion |
| % of Total Assets | 59.9% |
| Annual Growth Rate | 20.24% |
| 5-Year Change | 226.38% |
| 10-Year Change | 739.34% |
| Growth Volatility | 43.26 |
Shaanxi Coal Industry Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Shaanxi Coal Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Shaanxi Coal Industry Co Ltd.
Annual Net Assets for Shaanxi Coal Industry Co Ltd (2008–2025)
The table below shows the annual net assets of Shaanxi Coal Industry Co Ltd from 2008 to 2025. Also explore 601225 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥374.08 Billion ≈ $54.74 Billion |
+190.78% |
| 2024-12-31 | CN¥128.65 Billion ≈ $18.83 Billion |
+3.67% |
| 2023-12-31 | CN¥124.09 Billion ≈ $18.16 Billion |
-10.03% |
| 2022-12-31 | CN¥137.92 Billion ≈ $20.18 Billion |
+20.33% |
| 2021-12-31 | CN¥114.62 Billion ≈ $16.77 Billion |
+27.82% |
| 2020-12-31 | CN¥89.67 Billion ≈ $13.12 Billion |
+17.72% |
| 2019-12-31 | CN¥76.17 Billion ≈ $11.15 Billion |
+14.73% |
| 2018-12-31 | CN¥66.39 Billion ≈ $9.71 Billion |
+13.35% |
| 2017-12-31 | CN¥58.57 Billion ≈ $8.57 Billion |
+31.42% |
| 2016-12-31 | CN¥44.57 Billion ≈ $6.52 Billion |
+13.48% |
| 2015-12-31 | CN¥39.27 Billion ≈ $5.75 Billion |
-9.44% |
| 2014-12-31 | CN¥43.37 Billion ≈ $6.35 Billion |
+8.69% |
| 2013-12-31 | CN¥39.90 Billion ≈ $5.84 Billion |
+1.75% |
| 2012-12-31 | CN¥39.21 Billion ≈ $5.74 Billion |
+13.86% |
| 2011-12-31 | CN¥34.44 Billion ≈ $5.04 Billion |
+26.30% |
| 2010-12-31 | CN¥27.27 Billion ≈ $3.99 Billion |
+28.83% |
| 2009-12-31 | CN¥21.17 Billion ≈ $3.10 Billion |
+29.93% |
| 2008-12-31 | CN¥16.29 Billion ≈ $2.38 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shaanxi 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 294246.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥74.41 Billion | 53.99% |
| Other Comprehensive Income | CN¥94.43 Billion | 68.52% |
| Total Equity | CN¥137.81 Billion | 100.00% |
Shaanxi Coal Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Shaanxi Coal Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HCL Technologies Limited
NSE:HCLTECH
|
$36.69 Billion |
|
AHOLD DELHAI.ADR16 EO-25
F:AHOD
|
$36.74 Billion |
|
Rocket Lab USA Inc.
NASDAQ:RKLB
|
$36.78 Billion |
|
PT BK CE.AS.ADR/25 RP625
F:BZG
|
$36.90 Billion |
|
Twilio Inc
NYSE:TWLO
|
$36.62 Billion |
|
Celestica Inc.
TO:CLS
|
$36.62 Billion |
|
Legrand SA
PA:LR
|
$36.56 Billion |
|
Adani Enterprises Limited
NSE:ADANIENT
|
$36.55 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shaanxi Coal Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 90,586,274,000 to 137,811,977,000, a change of 47,225,703,000 (52.1%).
- Net income of 16,547,756,000 contributed positively to equity growth.
- Dividend payments of 12,975,952,394 reduced retained earnings.
- Other comprehensive income increased equity by 84,025,654,000.
- Other factors decreased equity by 40,371,754,606.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥16.55 Billion | +12.01% |
| Dividends Paid | CN¥12.98 Billion | -9.42% |
| Other Comprehensive Income | CN¥84.03 Billion | +60.97% |
| Other Changes | CN¥-40.37 Billion | -29.29% |
| Total Change | CN¥- | 52.13% |
Book Value vs Market Value Analysis
This analysis compares Shaanxi 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: 1.81x
- 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 13.51x to 1.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥1.91 | CN¥25.82 | x |
| 2009-12-31 | CN¥1.93 | CN¥25.82 | x |
| 2010-12-31 | CN¥2.37 | CN¥25.82 | x |
| 2011-12-31 | CN¥2.96 | CN¥25.82 | x |
| 2012-12-31 | CN¥3.28 | CN¥25.82 | x |
| 2013-12-31 | CN¥3.46 | CN¥25.82 | x |
| 2014-12-31 | CN¥3.63 | CN¥25.82 | x |
| 2015-12-31 | CN¥3.13 | CN¥25.82 | x |
| 2016-12-31 | CN¥3.49 | CN¥25.82 | x |
| 2017-12-31 | CN¥4.40 | CN¥25.82 | x |
| 2018-12-31 | CN¥5.07 | CN¥25.82 | x |
| 2019-12-31 | CN¥6.01 | CN¥25.82 | x |
| 2020-12-31 | CN¥7.24 | CN¥25.82 | x |
| 2021-12-31 | CN¥8.81 | CN¥25.82 | x |
| 2022-12-31 | CN¥10.59 | CN¥25.82 | x |
| 2023-12-31 | CN¥9.21 | CN¥25.82 | x |
| 2024-12-31 | CN¥9.36 | CN¥25.82 | x |
| 2025-12-31 | CN¥14.24 | CN¥25.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shaanxi 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): 12.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.46%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.71x
- Recent ROE (12.01%) is below the historical average (18.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 13.08% | 13.20% | 0.40x | 2.45x | CN¥436.84 Million |
| 2009 | 12.45% | 12.53% | 0.41x | 2.45x | CN¥431.97 Million |
| 2010 | 25.70% | 17.23% | 0.59x | 2.55x | CN¥3.34 Billion |
| 2011 | 34.10% | 21.12% | 0.64x | 2.51x | CN¥6.41 Billion |
| 2012 | 21.65% | 14.50% | 0.53x | 2.83x | CN¥3.45 Billion |
| 2013 | 11.28% | 8.07% | 0.53x | 2.65x | CN¥394.78 Million |
| 2014 | 2.76% | 2.31% | 0.46x | 2.61x | CN¥-2.50 Billion |
| 2015 | -9.59% | -9.19% | 0.36x | 2.90x | CN¥-6.11 Billion |
| 2016 | 8.02% | 8.31% | 0.35x | 2.73x | CN¥-681.84 Million |
| 2017 | 23.63% | 20.52% | 0.48x | 2.38x | CN¥6.03 Billion |
| 2018 | 21.70% | 19.21% | 0.47x | 2.38x | CN¥5.93 Billion |
| 2019 | 19.98% | 15.79% | 0.58x | 2.17x | CN¥5.81 Billion |
| 2020 | 21.16% | 15.63% | 0.64x | 2.12x | CN¥7.84 Billion |
| 2021 | 25.09% | 14.06% | 0.82x | 2.17x | CN¥12.88 Billion |
| 2022 | 34.28% | 21.10% | 0.78x | 2.10x | CN¥24.93 Billion |
| 2023 | 25.87% | 12.73% | 0.94x | 2.17x | CN¥14.17 Billion |
| 2024 | 24.68% | 12.14% | 0.81x | 2.52x | CN¥13.30 Billion |
| 2025 | 12.01% | 10.46% | 0.67x | 1.71x | CN¥2.77 Billion |
Industry Comparison
This section compares Shaanxi 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: $12,106,581,471
- Average return on equity (ROE) among peers: 17.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shaanxi Coal Industry Co Ltd (601225) | CN¥145.83 Billion | 13.08% | 0.67x | $36.63 Billion |
| Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) | $2.71 Billion | 12.26% | 1.33x | $1.97 Billion |
| Jizhong Energy Resources Co Ltd (000937) | $1.62 Billion | 15.60% | 0.47x | $2.33 Billion |
| Shanxi Xishan Coal and Electricity Power Co Ltd (000983) | $48.24 Billion | 14.04% | 0.94x | $5.56 Billion |
| Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) | $5.68 Billion | 27.66% | 0.58x | $8.90 Billion |
| Guangzhou Development Group Inc (600098) | $16.74 Billion | 6.18% | 1.01x | $3.26 Billion |
| Zhengzhou Coal Industry & Electric Power Co Ltd (600121) | $1.72 Billion | 6.65% | 2.09x | $855.80 Million |
| Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) | $628.14 Million | 10.98% | 0.93x | $1.52 Billion |
| Wintime Energy Co Ltd (600157) | $244.02 Million | 33.02% | 1.64x | $4.85 Billion |
| Yankuang Energy Group Co Ltd (600188) | $42.87 Billion | 19.90% | 1.27x | $17.52 Billion |
| Shan XI Hua Yang Group New Energy Co Ltd (600348) | $601.80 Million | 28.59% | 1.49x | $4.84 Billion |
About Shaanxi Coal Industry Co Ltd
Shaanxi Coal Industry Company Limited, together with its subsidiaries, engages in the production and sales of coal and electricity in China and internationally. The company's coal properties are primarily located in Northern Shaanxi, Weibei, and Binhuang. Its coal products are mainly used in the power, chemical, and metallurgical industries. The company was founded in 2008 and is based in Xi'an, … Read more