ZJMI Environmental Energy Co. Ltd. (603071) - Net Assets
Based on the latest financial reports, ZJMI Environmental Energy Co. Ltd. (603071) has net assets worth CN¥6.55 Billion CNY (≈ $957.75 Million 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¥12.15 Billion ≈ $1.78 Billion USD) and total liabilities (CN¥5.60 Billion ≈ $819.67 Million 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 ZJMI Environmental Energy Co. Ltd. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.55 Billion |
| % of Total Assets | 53.88% |
| Annual Growth Rate | 24.58% |
| 5-Year Change | 155.01% |
| 10-Year Change | N/A |
| Growth Volatility | 26.35 |
ZJMI Environmental Energy Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how ZJMI Environmental Energy Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 603071 total assets for the complete picture of this company's asset base.
Annual Net Assets for ZJMI Environmental Energy Co. Ltd. (2019–2024)
The table below shows the annual net assets of ZJMI Environmental Energy Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see market value of ZJMI Environmental Energy Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.56 Billion ≈ $960.52 Million |
+6.83% |
| 2023-12-31 | CN¥6.14 Billion ≈ $899.10 Million |
+13.34% |
| 2022-12-31 | CN¥5.42 Billion ≈ $793.25 Million |
+17.65% |
| 2021-12-31 | CN¥4.61 Billion ≈ $674.23 Million |
+79.00% |
| 2020-12-31 | CN¥2.57 Billion ≈ $376.66 Million |
+17.72% |
| 2019-12-31 | CN¥2.19 Billion ≈ $319.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ZJMI Environmental 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 209.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.16 Billion | 57.34% |
| Other Components | CN¥2.35 Billion | 42.66% |
| Total Equity | CN¥5.51 Billion | 100.00% |
ZJMI Environmental Energy Co. Ltd. Competitors by Market Cap
The table below lists competitors of ZJMI Environmental Energy Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Create Technology & Science Co Ltd
SHE:000551
|
$1.16 Billion |
|
Fujian Septwolves Industry Co Ltd
SHE:002029
|
$1.16 Billion |
|
Tetra Technologies Inc
NYSE:TTI
|
$1.16 Billion |
|
Renhe Pharmacy Co Ltd
SHE:000650
|
$1.17 Billion |
|
LuxExperience B.V.
NYSE:LUXE
|
$1.16 Billion |
|
Henan Tong-Da Cable Co Ltd
SHE:002560
|
$1.16 Billion |
|
Xiamen XGMA Machinery Co Ltd
SHG:600815
|
$1.16 Billion |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
$1.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ZJMI Environmental Energy Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,160,714,027 to 5,512,782,742, a change of 352,068,715 (6.8%).
- Net income of 738,617,910 contributed positively to equity growth.
- Dividend payments of 447,293,972 reduced retained earnings.
- Other factors increased equity by 60,744,776.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥738.62 Million | +13.4% |
| Dividends Paid | CN¥447.29 Million | -8.11% |
| Other Changes | CN¥60.74 Million | +1.1% |
| Total Change | CN¥- | 6.82% |
Book Value vs Market Value Analysis
This analysis compares ZJMI Environmental 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: 1.44x
- 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 4.05x to 1.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥3.52 | CN¥14.26 | x |
| 2020-12-31 | CN¥3.89 | CN¥14.26 | x |
| 2021-12-31 | CN¥6.85 | CN¥14.26 | x |
| 2022-12-31 | CN¥8.15 | CN¥14.26 | x |
| 2023-12-31 | CN¥9.25 | CN¥14.26 | x |
| 2024-12-31 | CN¥9.88 | CN¥14.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ZJMI Environmental 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): 13.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.65%
- • Asset Turnover: 3.82x
- • Equity Multiplier: 2.12x
- Recent ROE (13.40%) is below the historical average (23.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 30.39% | 1.52% | 3.99x | 5.02x | CN¥328.68 Million |
| 2020 | 28.25% | 1.67% | 3.40x | 4.97x | CN¥324.87 Million |
| 2021 | 26.44% | 1.69% | 4.88x | 3.21x | CN¥628.12 Million |
| 2022 | 23.36% | 1.92% | 4.81x | 2.52x | CN¥607.44 Million |
| 2023 | 20.52% | 2.39% | 4.27x | 2.01x | CN¥542.81 Million |
| 2024 | 13.40% | 1.65% | 3.82x | 2.12x | CN¥187.34 Million |
Industry Comparison
This section compares ZJMI Environmental 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: $11,043,108,837
- Average return on equity (ROE) among peers: 11.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ZJMI Environmental Energy Co. Ltd. (603071) | CN¥6.55 Billion | 30.39% | 0.86x | $1.16 Billion |
| Gansu Jingyuan Coal Industry and Electricity Power Co Ltd (000552) | $58.85 Million | 0.00% | 2.11x | $2.26 Billion |
| Jizhong Energy Resources Co Ltd (000937) | $23.06 Billion | 3.41% | 1.17x | $2.94 Billion |
| Shanxi Xishan Coal and Electricity Power Co Ltd (000983) | $23.13 Billion | 7.39% | 1.82x | $6.07 Billion |
| Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia (002128) | $8.43 Billion | 7.14% | 0.65x | $10.93 Billion |
| Guangzhou Development Group Inc (600098) | $20.53 Billion | 3.92% | 1.06x | $3.65 Billion |
| Zhengzhou Coal Industry & Electric Power Co Ltd (600121) | $1.76 Billion | 10.80% | 1.65x | $766.66 Million |
| Shanxi Lanhua Sci-Tech Venture Co Ltd (600123) | $827.40 Million | 1.00% | 1.01x | $1.54 Billion |
| Wintime Energy Co Ltd (600157) | $244.02 Million | 33.02% | 1.64x | $5.68 Billion |
| Yankuang Energy Group Co Ltd (600188) | $2.77 Billion | 26.62% | 0.76x | $19.97 Billion |
| Shan XI Hua Yang Group New Energy Co Ltd (600348) | $29.61 Billion | 23.72% | 1.36x | $5.59 Billion |
About ZJMI Environmental Energy Co. Ltd.
ZJMI Environmental Energy Co., Ltd. engages in the coal circulation, cogeneration, and new energy businesses. The company provides steam, electricity, and compressed air products, as well as general solid waste disposal services, such as sludge and biomass. It is also involved in the research and development, and market promotion of molten salt energy storage technology. In addition, the company … Read more