Shanxi LuAn Environmental Energy Development Co Ltd
Shanxi Lu'an Environmental Energy Development Co., Ltd. engages in the production and sales of coal and coke products in China. The company focuses on raw coal mining, coal washing, and coal coke smelting. It also develops and utilizes clean coal technology; develops coalbed methane; and manufactures coal liver stone brick. It offers thermal coal, metallurgical injection coal, and other coal prod… Read more
Shanxi LuAn Environmental Energy Development Co Ltd (601699) - Net Assets
Latest net assets as of September 2025: CN¥48.19 Billion CNY
Based on the latest financial reports, Shanxi LuAn Environmental Energy Development Co Ltd (601699) has net assets worth CN¥48.19 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥80.93 Billion) and total liabilities (CN¥32.74 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¥48.19 Billion |
| % of Total Assets | 59.55% |
| Annual Growth Rate | 19.37% |
| 5-Year Change | 86.72% |
| 10-Year Change | 173.12% |
| Growth Volatility | 32.82 |
Shanxi LuAn Environmental Energy Development Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Shanxi LuAn Environmental Energy Development 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 Shanxi LuAn Environmental Energy Development Co Ltd (2003–2024)
The table below shows the annual net assets of Shanxi LuAn Environmental Energy Development Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥47.98 Billion | -2.92% |
| 2023-12-31 | CN¥49.42 Billion | +0.42% |
| 2022-12-31 | CN¥49.21 Billion | +47.18% |
| 2021-12-31 | CN¥33.44 Billion | +30.13% |
| 2020-12-31 | CN¥25.69 Billion | +9.42% |
| 2019-12-31 | CN¥23.48 Billion | +4.49% |
| 2018-12-31 | CN¥22.47 Billion | +10.50% |
| 2017-12-31 | CN¥20.34 Billion | +13.11% |
| 2016-12-31 | CN¥17.98 Billion | +2.35% |
| 2015-12-31 | CN¥17.57 Billion | -5.09% |
| 2014-12-31 | CN¥18.51 Billion | +6.84% |
| 2013-12-31 | CN¥17.32 Billion | +4.55% |
| 2012-12-31 | CN¥16.57 Billion | +5.42% |
| 2011-12-31 | CN¥15.72 Billion | +23.24% |
| 2010-12-31 | CN¥12.75 Billion | +33.11% |
| 2009-12-31 | CN¥9.58 Billion | +14.95% |
| 2008-12-31 | CN¥8.34 Billion | +78.25% |
| 2007-12-31 | CN¥4.68 Billion | +17.86% |
| 2006-12-31 | CN¥3.97 Billion | +141.70% |
| 2005-12-31 | CN¥1.64 Billion | +3.33% |
| 2004-12-31 | CN¥1.59 Billion | +36.40% |
| 2003-12-31 | CN¥1.16 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanxi LuAn Environmental Energy Development 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 14259.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥30.68 Billion | 66.40% |
| Common Stock | CN¥2.99 Billion | 6.47% |
| Other Comprehensive Income | CN¥11.72 Billion | 25.36% |
| Other Components | CN¥813.87 Million | 1.76% |
| Total Equity | CN¥46.20 Billion | 100.00% |
Shanxi LuAn Environmental Energy Development Co Ltd Competitors by Market Cap
The table below lists competitors of Shanxi LuAn Environmental Energy Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Karur Vysya Bank Limited
NSE:KARURVYSYA
|
$3.00 Billion |
|
Vault Minerals Limited
F:RKM0
|
$3.00 Billion |
|
Miami International Holdings, Inc.
NYSE:MIAX
|
$3.00 Billion |
|
Genting Berhad
PINK:GEBHY
|
$3.00 Billion |
|
Cleanaway Waste Management Limited
PINK:TSPCF
|
$3.00 Billion |
|
Mobimo Hldg
SW:MOBN
|
$2.99 Billion |
|
H&E Equipment Services Inc
NASDAQ:HEES
|
$2.99 Billion |
|
Constellium Nv
NYSE:CSTM
|
$2.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanxi LuAn Environmental Energy Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,060,457,101 to 46,203,649,918, a change of -1,856,807,183 (-3.9%).
- Net income of 2,449,518,000 contributed positively to equity growth.
- Dividend payments of 4,758,109,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,436,792,520.
- Other factors decreased equity by 3,985,008,703.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.45 Billion | +5.3% |
| Dividends Paid | CN¥4.76 Billion | -10.3% |
| Other Comprehensive Income | CN¥4.44 Billion | +9.6% |
| Other Changes | CN¥-3.99 Billion | -8.62% |
| Total Change | CN¥- | -3.86% |
Book Value vs Market Value Analysis
This analysis compares Shanxi LuAn Environmental Energy Development 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: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 39.04x to 0.98x 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¥0.39 | CN¥15.20 | x |
| 2004-12-31 | CN¥0.50 | CN¥15.20 | x |
| 2005-12-31 | CN¥0.52 | CN¥15.20 | x |
| 2006-12-31 | CN¥1.23 | CN¥15.20 | x |
| 2007-12-31 | CN¥1.51 | CN¥15.20 | x |
| 2008-12-31 | CN¥2.63 | CN¥15.20 | x |
| 2009-12-31 | CN¥3.01 | CN¥15.20 | x |
| 2010-12-31 | CN¥3.97 | CN¥15.20 | x |
| 2011-12-31 | CN¥4.98 | CN¥15.20 | x |
| 2012-12-31 | CN¥5.38 | CN¥15.20 | x |
| 2013-12-31 | CN¥5.67 | CN¥15.20 | x |
| 2014-12-31 | CN¥6.20 | CN¥15.20 | x |
| 2015-12-31 | CN¥5.17 | CN¥15.20 | x |
| 2016-12-31 | CN¥6.20 | CN¥15.20 | x |
| 2017-12-31 | CN¥7.06 | CN¥15.20 | x |
| 2018-12-31 | CN¥7.95 | CN¥15.20 | x |
| 2019-12-31 | CN¥8.34 | CN¥15.20 | x |
| 2020-12-31 | CN¥9.07 | CN¥15.20 | x |
| 2021-12-31 | CN¥11.57 | CN¥15.20 | x |
| 2022-12-31 | CN¥16.29 | CN¥15.20 | x |
| 2023-12-31 | CN¥16.08 | CN¥15.20 | x |
| 2024-12-31 | CN¥15.47 | CN¥15.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanxi LuAn Environmental Energy Development 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): 5.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.83%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.74x
- Recent ROE (5.30%) is below the historical average (18.29%), 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 | 22.45% | 9.87% | 0.89x | 2.54x | CN¥144.98 Million |
| 2004 | 29.29% | 10.45% | 0.96x | 2.92x | CN¥288.76 Million |
| 2005 | 45.31% | 12.30% | 1.11x | 3.33x | CN¥546.23 Million |
| 2006 | 23.85% | 11.96% | 0.79x | 2.52x | CN¥507.93 Million |
| 2007 | 21.71% | 12.45% | 0.77x | 2.26x | CN¥528.96 Million |
| 2008 | 36.25% | 20.34% | 0.81x | 2.19x | CN¥2.06 Billion |
| 2009 | 23.37% | 11.55% | 0.84x | 2.41x | CN¥1.21 Billion |
| 2010 | 28.89% | 16.04% | 0.73x | 2.47x | CN¥2.25 Billion |
| 2011 | 25.77% | 17.35% | 0.64x | 2.32x | CN¥2.35 Billion |
| 2012 | 16.02% | 12.79% | 0.51x | 2.47x | CN¥964.50 Million |
| 2013 | 8.96% | 7.96% | 0.42x | 2.67x | CN¥-177.30 Million |
| 2014 | 5.32% | 6.13% | 0.31x | 2.79x | CN¥-864.15 Million |
| 2015 | 0.58% | 0.92% | 0.22x | 2.85x | CN¥-1.67 Billion |
| 2016 | 4.68% | 6.02% | 0.25x | 3.16x | CN¥-974.89 Million |
| 2017 | 13.18% | 11.82% | 0.35x | 3.15x | CN¥670.82 Million |
| 2018 | 9.82% | 8.79% | 0.41x | 2.73x | CN¥-43.93 Million |
| 2019 | 9.53% | 8.88% | 0.36x | 2.97x | CN¥-117.59 Million |
| 2020 | 7.17% | 7.47% | 0.34x | 2.85x | CN¥-768.26 Million |
| 2021 | 19.44% | 14.85% | 0.48x | 2.74x | CN¥3.27 Billion |
| 2022 | 29.09% | 26.11% | 0.57x | 1.94x | CN¥9.30 Billion |
| 2023 | 16.48% | 18.36% | 0.50x | 1.81x | CN¥3.12 Billion |
| 2024 | 5.30% | 6.83% | 0.45x | 1.74x | CN¥-2.17 Billion |
Industry Comparison
This section compares Shanxi LuAn Environmental Energy Development Co Ltd's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $22,811,956,913
- Average return on equity (ROE) among peers: 9.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanxi LuAn Environmental Energy Development Co Ltd (601699) | CN¥48.19 Billion | 22.45% | 0.68x | $3.00 Billion |
| Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) | $8.53 Billion | 5.22% | 0.59x | $938.82 Million |
| Jizhong Energy Resources Co Ltd (000937) | $21.58 Billion | 4.04% | 1.12x | $764.87 Million |
| Shanxi Xishan Coal and Electricity Power Co Ltd (000983) | $21.74 Billion | 9.00% | 2.25x | $2.14 Billion |
| Shaanxi Energy Investment Co Ltd. A (001286) | $16.82 Billion | 3.13% | 1.82x | $1.47 Billion |
| Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) | $5.68 Billion | 27.66% | 0.58x | $3.79 Billion |
| Guangzhou Development Group Inc (600098) | $20.53 Billion | 3.92% | 1.06x | $902.01 Million |
| Zhengzhou Coal Industry & Electric Power Co Ltd (600121) | $1.26 Billion | 9.39% | 0.42x | $432.36 Million |
| Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) | $7.12 Billion | 18.46% | 0.91x | $789.37 Million |
| Wintime Energy Co Ltd (600157) | $47.58 Billion | 4.01% | 1.18x | $4.69 Billion |
| Yankuang Energy Group Co Ltd (600188) | $77.28 Billion | 9.40% | 1.52x | $13.64 Billion |