China Coal Energy Co Ltd (601898) - Net Assets

Latest as of September 2025: CN¥198.74 Billion CNY ≈ $29.08 Billion USD

Based on the latest financial reports, China Coal Energy Co Ltd (601898) has net assets worth CN¥198.74 Billion CNY (≈ $29.08 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¥366.80 Billion ≈ $53.67 Billion USD) and total liabilities (CN¥168.06 Billion ≈ $24.59 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 China Coal Energy Co Ltd (601898) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥198.74 Billion
% of Total Assets	54.18%
Annual Growth Rate	19.89%
5-Year Change	41.55%
10-Year Change	97.7%
Growth Volatility	91.8

China Coal Energy Co Ltd - Net Assets Trend (2005–2025)

This chart illustrates how China Coal Energy Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore China Coal Energy Co Ltd asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for China Coal Energy Co Ltd (2005–2025)

The table below shows the annual net assets of China Coal Energy Co Ltd from 2005 to 2025. For live valuation and market cap data, see 601898 company net worth.

Year	Net Assets	Change
2025-12-31	CN¥201.57 Billion ≈ $29.50 Billion	+4.97%
2024-12-31	CN¥192.03 Billion ≈ $28.10 Billion	+5.06%
2023-12-31	CN¥182.78 Billion ≈ $26.75 Billion	+10.74%
2022-12-31	CN¥165.06 Billion ≈ $24.15 Billion	+15.91%
2021-12-31	CN¥142.40 Billion ≈ $20.84 Billion	+14.98%
2020-12-31	CN¥123.85 Billion ≈ $18.12 Billion	+5.52%
2019-12-31	CN¥117.37 Billion ≈ $17.17 Billion	+6.04%
2018-12-31	CN¥110.68 Billion ≈ $16.20 Billion	+4.33%
2017-12-31	CN¥106.08 Billion ≈ $15.52 Billion	+4.04%
2016-12-31	CN¥101.96 Billion ≈ $14.92 Billion	+1.94%
2015-12-31	CN¥100.02 Billion ≈ $14.64 Billion	-2.62%
2014-12-31	CN¥102.70 Billion ≈ $15.03 Billion	+0.03%
2013-12-31	CN¥102.67 Billion ≈ $15.02 Billion	+1.94%
2012-12-31	CN¥100.71 Billion ≈ $14.74 Billion	+5.66%
2011-12-31	CN¥95.32 Billion ≈ $13.95 Billion	+11.46%
2010-12-31	CN¥85.52 Billion ≈ $12.51 Billion	+9.85%
2009-12-31	CN¥77.85 Billion ≈ $11.39 Billion	+14.28%
2008-12-31	CN¥68.13 Billion ≈ $9.97 Billion	+99.00%
2007-12-31	CN¥34.24 Billion ≈ $5.01 Billion	+22.26%
2006-12-31	CN¥28.00 Billion ≈ $4.10 Billion	+422.71%
2005-12-31	CN¥5.36 Billion ≈ $783.92 Million	--

Equity Component Analysis

This analysis shows how different components contribute to China Coal Energy 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 9952101600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥99.52 Billion	62.15%
Common Stock	CN¥13.26 Billion	8.28%
Other Comprehensive Income	CN¥9.56 Billion	5.97%
Other Components	CN¥37.79 Billion	23.60%
Total Equity	CN¥160.13 Billion	100.00%

China Coal Energy Co Ltd Competitors by Market Cap

The table below lists competitors of China Coal Energy Co Ltd ranked by their market capitalization.

Company	Market Cap
Hindalco Industries Limited NSE:HINDALCO	$25.10 Billion
Amerize Inc. SW:AMRZ	$25.10 Billion
Cognizant Technology Solutions Corp Class A NASDAQ:CTSH	$25.11 Billion
STMicroelectronics N.V. PA:STMPA	$25.15 Billion
Citizens Financial Group, Inc. NYSE:CFG	$25.04 Billion
W. R. Berkley Corp NYSE:WRB	$25.04 Billion
Teva Pharmaceutical Industries Limited F:TEV	$24.98 Billion
AvalonBay Communities Inc NYSE:AVB	$24.95 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Coal Energy Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 151,707,297,000 to 160,133,083,000, a change of 8,425,786,000 (5.6%).
Net income of 17,883,577,000 contributed positively to equity growth.
Dividend payments of 5,621,673,000 reduced retained earnings.
Other comprehensive income decreased equity by 3,862,134,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥17.88 Billion	+11.17%
Dividends Paid	CN¥5.62 Billion	-3.51%
Other Comprehensive Income	CN¥-3.86 Billion	-2.41%
Other Changes	CN¥26.02 Million	+0.02%
Total Change	CN¥-	5.55%

Book Value vs Market Value Analysis

This analysis compares China Coal Energy 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: 1.55x
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 37.92x to 1.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	CN¥0.49	CN¥18.72	x
2006-12-31	CN¥3.32	CN¥18.72	x
2007-12-31	CN¥2.62	CN¥18.72	x
2008-12-31	CN¥4.87	CN¥18.72	x
2009-12-31	CN¥5.17	CN¥18.72	x
2010-12-31	CN¥5.53	CN¥18.72	x
2011-12-31	CN¥6.13	CN¥18.72	x
2012-12-31	CN¥6.49	CN¥18.72	x
2013-12-31	CN¥6.59	CN¥18.72	x
2014-12-31	CN¥6.54	CN¥18.72	x
2015-12-31	CN¥6.29	CN¥18.72	x
2016-12-31	CN¥6.48	CN¥18.72	x
2017-12-31	CN¥6.71	CN¥18.72	x
2018-12-31	CN¥6.95	CN¥18.72	x
2019-12-31	CN¥7.33	CN¥18.72	x
2020-12-31	CN¥7.69	CN¥18.72	x
2021-12-31	CN¥8.58	CN¥18.72	x
2022-12-31	CN¥9.86	CN¥18.72	x
2023-12-31	CN¥10.87	CN¥18.72	x
2024-12-31	CN¥11.44	CN¥18.72	x
2025-12-31	CN¥12.08	CN¥18.72	x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Coal Energy 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): 11.17%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.16%
• Asset Turnover: 0.40x
• Equity Multiplier: 2.32x
Recent ROE (11.17%) is below the historical average (11.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	78.04%	10.20%	1.12x	6.81x	CN¥2.67 Billion
2006	10.23%	8.99%	0.58x	1.96x	CN¥62.21 Million
2007	16.68%	14.51%	0.61x	1.87x	CN¥2.07 Billion
2008	8.83%	10.99%	0.54x	1.49x	CN¥-740.68 Million
2009	9.68%	12.33%	0.49x	1.60x	CN¥-220.76 Million
2010	9.41%	9.69%	0.59x	1.65x	CN¥-434.72 Million
2011	11.91%	10.80%	0.56x	1.95x	CN¥1.55 Billion
2012	10.78%	10.63%	0.47x	2.14x	CN¥671.24 Million
2013	4.09%	4.34%	0.38x	2.46x	CN¥-5.17 Billion
2014	0.88%	1.08%	0.29x	2.80x	CN¥-7.91 Billion
2015	-3.02%	-4.25%	0.23x	3.08x	CN¥-10.87 Billion
2016	2.36%	3.34%	0.25x	2.81x	CN¥-6.56 Billion
2017	2.57%	2.81%	0.33x	2.80x	CN¥-6.61 Billion
2018	3.64%	3.22%	0.39x	2.87x	CN¥-5.86 Billion
2019	5.79%	4.35%	0.47x	2.80x	CN¥-4.09 Billion
2020	5.79%	4.19%	0.50x	2.76x	CN¥-4.29 Billion
2021	12.07%	5.73%	0.75x	2.83x	CN¥2.36 Billion
2022	13.96%	8.28%	0.65x	2.60x	CN¥5.18 Billion
2023	13.55%	10.12%	0.55x	2.42x	CN¥5.12 Billion
2024	12.74%	10.20%	0.53x	2.36x	CN¥4.15 Billion
2025	11.17%	12.16%	0.40x	2.32x	CN¥1.87 Billion

Industry Comparison

This section compares China Coal Energy Co Ltd's net assets metrics with peer companies in the Thermal Coal industry.

Industry Context

Industry: Thermal Coal
Average net assets among peers: $8,037,367,191
Average return on equity (ROE) among peers: 11.97%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
China Coal Energy Co Ltd (601898)	CN¥198.74 Billion	78.04%	0.85x	$25.07 Billion
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552)	$95.30 Million	34.44%	3.98x	$2.26 Billion
Jizhong Energy Resources Co Ltd (000937)	$1.69 Billion	8.11%	0.51x	$2.91 Billion
Shanxi Xishan Coal and Electricity Power Co Ltd (000983)	$4.88 Billion	19.96%	0.92x	$5.83 Billion
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128)	$2.08 Billion	22.30%	0.69x	$10.61 Billion
Guangzhou Development Group Inc (600098)	$26.56 Billion	5.10%	1.33x	$3.65 Billion
Zhengzhou Coal Industry & Electric Power Co Ltd (600121)	$3.71 Billion	-16.92%	1.88x	$757.74 Million
Shanxi Lanhua Sci-Tech Venture Co Ltd (600123)	$1.07 Billion	16.23%	0.57x	$1.53 Billion
Wintime Energy Co Ltd (600157)	$286.35 Million	11.30%	1.58x	$5.65 Billion
Yankuang Energy Group Co Ltd (600188)	$18.09 Billion	10.18%	0.27x	$19.93 Billion
Shan XI Hua Yang Group New Energy Co Ltd (600348)	$21.92 Billion	9.00%	1.10x	$5.52 Billion

About China Coal Energy Co Ltd

SHG:601898 China Thermal Coal

Market Cap

$25.07 Billion

CN¥171.33 Billion CNY

Market Cap Rank

#1035 Global

#78 in China

Share Price

CN¥18.72

Change (1 day)

+0.05%

52-Week Range

CN¥10.04 - CN¥19.36

All Time High

CN¥19.36