Shanxi LuAn Environmental Energy Development Co Ltd (601699) - Net Assets
Based on the latest financial reports, Shanxi LuAn Environmental Energy Development Co Ltd (601699) has net assets worth CN¥48.19 Billion CNY (≈ $7.05 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¥80.93 Billion ≈ $11.84 Billion USD) and total liabilities (CN¥32.74 Billion ≈ $4.79 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 601699 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 601699 total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 601699 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥47.98 Billion ≈ $7.02 Billion |
-2.92% |
| 2023-12-31 | CN¥49.42 Billion ≈ $7.23 Billion |
+0.42% |
| 2022-12-31 | CN¥49.21 Billion ≈ $7.20 Billion |
+47.18% |
| 2021-12-31 | CN¥33.44 Billion ≈ $4.89 Billion |
+30.13% |
| 2020-12-31 | CN¥25.69 Billion ≈ $3.76 Billion |
+9.42% |
| 2019-12-31 | CN¥23.48 Billion ≈ $3.44 Billion |
+4.49% |
| 2018-12-31 | CN¥22.47 Billion ≈ $3.29 Billion |
+10.50% |
| 2017-12-31 | CN¥20.34 Billion ≈ $2.98 Billion |
+13.11% |
| 2016-12-31 | CN¥17.98 Billion ≈ $2.63 Billion |
+2.35% |
| 2015-12-31 | CN¥17.57 Billion ≈ $2.57 Billion |
-5.09% |
| 2014-12-31 | CN¥18.51 Billion ≈ $2.71 Billion |
+6.84% |
| 2013-12-31 | CN¥17.32 Billion ≈ $2.54 Billion |
+4.55% |
| 2012-12-31 | CN¥16.57 Billion ≈ $2.42 Billion |
+5.42% |
| 2011-12-31 | CN¥15.72 Billion ≈ $2.30 Billion |
+23.24% |
| 2010-12-31 | CN¥12.75 Billion ≈ $1.87 Billion |
+33.11% |
| 2009-12-31 | CN¥9.58 Billion ≈ $1.40 Billion |
+14.95% |
| 2008-12-31 | CN¥8.34 Billion ≈ $1.22 Billion |
+78.25% |
| 2007-12-31 | CN¥4.68 Billion ≈ $684.28 Million |
+17.86% |
| 2006-12-31 | CN¥3.97 Billion ≈ $580.58 Million |
+141.70% |
| 2005-12-31 | CN¥1.64 Billion ≈ $240.20 Million |
+3.33% |
| 2004-12-31 | CN¥1.59 Billion ≈ $232.47 Million |
+36.40% |
| 2003-12-31 | CN¥1.16 Billion ≈ $170.44 Million |
-- |
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 |
|---|---|
|
Impulsora del Desarrollo y el Empleo en América Latina S.A.B. de C.V
MX:IDEALB-1
|
$7.07 Billion |
|
Kinsale Capital Group Inc
NYSE:KNSL
|
$7.08 Billion |
|
Swancor Advanced Materials Co Ltd
SHG:688585
|
$7.08 Billion |
|
Svenska Cellulosa Aktiebolaget SCA (publ)
ST:SCA-B
|
$7.08 Billion |
|
Armstrong World Industries Inc
NYSE:AWI
|
$7.06 Billion |
|
CIG ShangHai Co Ltd Class A
SHG:603083
|
$7.06 Billion |
|
Schaeffler India Limited
NSE:SCHAEFFLER
|
$7.06 Billion |
|
GDS HLDGS LTD DL-00005
F:G401
|
$7.05 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: 1.04x
- 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 41.50x to 1.04x 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¥16.16 | x |
| 2004-12-31 | CN¥0.50 | CN¥16.16 | x |
| 2005-12-31 | CN¥0.52 | CN¥16.16 | x |
| 2006-12-31 | CN¥1.23 | CN¥16.16 | x |
| 2007-12-31 | CN¥1.51 | CN¥16.16 | x |
| 2008-12-31 | CN¥2.63 | CN¥16.16 | x |
| 2009-12-31 | CN¥3.01 | CN¥16.16 | x |
| 2010-12-31 | CN¥3.97 | CN¥16.16 | x |
| 2011-12-31 | CN¥4.98 | CN¥16.16 | x |
| 2012-12-31 | CN¥5.38 | CN¥16.16 | x |
| 2013-12-31 | CN¥5.67 | CN¥16.16 | x |
| 2014-12-31 | CN¥6.20 | CN¥16.16 | x |
| 2015-12-31 | CN¥5.17 | CN¥16.16 | x |
| 2016-12-31 | CN¥6.20 | CN¥16.16 | x |
| 2017-12-31 | CN¥7.06 | CN¥16.16 | x |
| 2018-12-31 | CN¥7.95 | CN¥16.16 | x |
| 2019-12-31 | CN¥8.34 | CN¥16.16 | x |
| 2020-12-31 | CN¥9.07 | CN¥16.16 | x |
| 2021-12-31 | CN¥11.57 | CN¥16.16 | x |
| 2022-12-31 | CN¥16.29 | CN¥16.16 | x |
| 2023-12-31 | CN¥16.08 | CN¥16.16 | x |
| 2024-12-31 | CN¥15.47 | CN¥16.16 | 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: $14,321,191,280
- Average return on equity (ROE) among peers: 8.27%
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 | $7.07 Billion |
| Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) | $8.53 Billion | 5.22% | 0.59x | $2.26 Billion |
| Jizhong Energy Resources Co Ltd (000937) | $18.08 Billion | 6.55% | 1.27x | $2.91 Billion |
| Shanxi Xishan Coal and Electricity Power Co Ltd (000983) | $46.87 Billion | 6.63% | 1.35x | $5.83 Billion |
| Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) | $8.88 Billion | 6.01% | 0.59x | $10.61 Billion |
| Guangzhou Development Group Inc (600098) | $3.48 Billion | 15.05% | 1.15x | $3.65 Billion |
| Zhengzhou Coal Industry & Electric Power Co Ltd (600121) | $1.85 Billion | 7.02% | 2.12x | $757.74 Million |
| Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) | $10.18 Billion | 0.09% | 1.17x | $1.53 Billion |
| Wintime Energy Co Ltd (600157) | $112.01 Million | 18.52% | 1.51x | $5.65 Billion |
| Yankuang Energy Group Co Ltd (600188) | $43.00 Billion | 2.00% | 2.23x | $19.93 Billion |
| Shan XI Hua Yang Group New Energy Co Ltd (600348) | $2.23 Billion | 15.61% | 0.84x | $5.52 Billion |
About 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