Xintai Ntrl Gas

SHG:603393 China Utilities - Regulated Gas
Market Cap
$2.43 Billion
CN¥17.86 Billion CNY
Market Cap Rank
#6478 Global
#992 in China
Share Price
CN¥42.14
Change (1 day)
-1.57%
52-Week Range
CN¥26.06 - CN¥42.81
All Time High
CN¥443.01
Categories
Companies in China Utilities - Regulated Gas
About

Xinjiang Xintai Natural Gas Co., Ltd., together with its subsidiaries, transmits, distributes, sells, and installs natural gas in China. The company operates through three segments: Urban Gas, Coalbed Methane, and Others. It engages in the home installation of natural gas; exploration, development, and production of coalbed methane and conventional oil and gas; and operation of pipelines and gas … Read more

Xintai Ntrl Gas (603393) - Net Assets

Latest net assets as of September 2025: CN¥11.32 Billion CNY

Based on the latest financial reports, Xintai Ntrl Gas (603393) has net assets worth CN¥11.32 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¥21.82 Billion) and total liabilities (CN¥10.50 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¥11.32 Billion
% of Total Assets 51.87%
Annual Growth Rate 31.4%
5-Year Change 74.27%
10-Year Change 1438.47%
Growth Volatility 57.15

Xintai Ntrl Gas - Net Assets Trend (2012–2024)

This chart illustrates how Xintai Ntrl Gas's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Xintai Ntrl Gas (2012–2024)

The table below shows the annual net assets of Xintai Ntrl Gas from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥10.44 Billion +32.23%
2023-12-31 CN¥7.90 Billion -10.65%
2022-12-31 CN¥8.84 Billion +15.72%
2021-12-31 CN¥7.64 Billion +27.46%
2020-12-31 CN¥5.99 Billion +5.32%
2019-12-31 CN¥5.69 Billion +9.71%
2018-12-31 CN¥5.19 Billion +167.12%
2017-12-31 CN¥1.94 Billion +8.58%
2016-12-31 CN¥1.79 Billion +163.42%
2015-12-31 CN¥678.85 Million +19.84%
2014-12-31 CN¥566.47 Million +28.18%
2013-12-31 CN¥441.94 Million +12.14%
2012-12-31 CN¥394.08 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xintai Ntrl Gas'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 3682.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.11 Billion 50.53%
Common Stock CN¥423.92 Million 5.21%
Other Comprehensive Income CN¥1.88 Billion 23.09%
Other Components CN¥1.72 Billion 21.18%
Total Equity CN¥8.14 Billion 100.00%

Xintai Ntrl Gas Competitors by Market Cap

The table below lists competitors of Xintai Ntrl Gas ranked by their market capitalization.

Company Market Cap
NKT Holding
LSE:0MGC
 		$1.23 Billion
Motilal Oswal Financial Services Limited
NSE:MOTILALOFS
 		$1.24 Billion
Sinch AB
ST:SINCH
 		$1.24 Billion
Nexi SpA
STU:N0XA
 		$1.24 Billion
Scandic Hotels Group AB (publ)
ST:SHOT
 		$1.23 Billion
Treehouse Foods Inc
NYSE:THS
 		$1.23 Billion
Walsin Technology Corp
TW:2492
 		$1.23 Billion
Jumia Technologies AG
NYSE:JMIA
 		$1.23 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xintai Ntrl Gas's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,326,067,059 to 8,143,131,912, a change of 817,064,853 (11.2%).
  • Net income of 1,185,217,217 contributed positively to equity growth.
  • Dividend payments of 536,259,593 reduced retained earnings.
  • Other comprehensive income increased equity by 8,013,955.
  • Other factors increased equity by 160,093,274.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.19 Billion +14.55%
Dividends Paid CN¥536.26 Million -6.59%
Other Comprehensive Income CN¥8.01 Million +0.1%
Other Changes CN¥160.09 Million +1.97%
Total Change CN¥- 11.15%

Book Value vs Market Value Analysis

This analysis compares Xintai Ntrl Gas'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: 2.19x
  • 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 27.72x to 2.19x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 CN¥1.52 CN¥42.14 x
2013-12-31 CN¥1.56 CN¥42.14 x
2014-12-31 CN¥2.01 CN¥42.14 x
2015-12-31 CN¥2.41 CN¥42.14 x
2016-12-31 CN¥5.83 CN¥42.14 x
2017-12-31 CN¥5.17 CN¥42.14 x
2018-12-31 CN¥6.00 CN¥42.14 x
2019-12-31 CN¥6.72 CN¥42.14 x
2020-12-31 CN¥7.38 CN¥42.14 x
2021-12-31 CN¥11.82 CN¥42.14 x
2022-12-31 CN¥12.30 CN¥42.14 x
2023-12-31 CN¥17.27 CN¥42.14 x
2024-12-31 CN¥19.27 CN¥42.14 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xintai Ntrl Gas 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): 14.55%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 31.38%
  • • Asset Turnover: 0.21x
  • • Equity Multiplier: 2.24x
  • Recent ROE (14.55%) is below the historical average (21.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 28.53% 19.94% 0.88x 1.62x CN¥73.02 Million
2013 45.73% 26.12% 0.99x 1.78x CN¥157.90 Million
2014 38.30% 21.43% 1.23x 1.46x CN¥160.32 Million
2015 29.52% 21.10% 0.95x 1.48x CN¥132.52 Million
2016 11.37% 22.24% 0.44x 1.17x CN¥24.54 Million
2017 13.58% 25.95% 0.44x 1.18x CN¥69.53 Million
2018 14.78% 20.50% 0.21x 3.51x CN¥108.17 Million
2019 16.70% 18.40% 0.27x 3.37x CN¥169.42 Million
2020 12.92% 16.99% 0.23x 3.32x CN¥81.14 Million
2021 22.67% 39.30% 0.24x 2.43x CN¥574.78 Million
2022 17.76% 27.03% 0.27x 2.43x CN¥403.60 Million
2023 14.30% 29.79% 0.24x 1.99x CN¥315.10 Million
2024 14.55% 31.38% 0.21x 2.24x CN¥370.90 Million

Industry Comparison

This section compares Xintai Ntrl Gas's net assets metrics with peer companies in the Utilities - Regulated Gas industry.

Industry Context

  • Industry: Utilities - Regulated Gas
  • Average net assets among peers: $7,158,557,425
  • Average return on equity (ROE) among peers: 8.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xintai Ntrl Gas (603393) CN¥11.32 Billion 28.53% 0.93x $1.23 Billion
Delong Composite Energy Group Co Ltd (000593) $933.66 Million 2.04% 1.10x $622.98 Million
Shaanxi Meineng Clean Energy Corp. Ltd. A (001299) $1.30 Billion 6.72% 0.36x $106.29 Million
Xinjiang Haoyuan Natural Gas Co Ltd (002700) $147.90 Million 32.85% 1.37x $172.04 Million
Foran Energy Group Co Ltd (002911) $745.57 Million 24.41% 1.42x $410.21 Million
Top Resource Conservation Engineering Co Ltd (300332) $3.54 Billion 0.30% 1.22x $507.68 Million
Sichuan Qiaoyuan Gas Co.Ltd (301286) $1.75 Billion 8.51% 0.14x $245.07 Million
Changchun Gas Co Ltd (600333) $2.06 Billion -4.78% 1.94x $195.28 Million
Shanghai DaZhong Public Utilities Group Co Ltd (600635) $1.16 Billion 10.61% 0.49x $1.87 Billion
Bestsun Energy Co Ltd (600681) $-593.14 Million 0.00% 0.00x $86.89 Million
ENN Ecological Holdings Co Ltd (600803) $60.54 Billion 7.42% 1.19x $2.55 Billion