Xinjiang Hongtong Natural Gas Co. Ltd.
Xinjiang Hongtong Natural Gas Co., Ltd. engages in the production, processing, storage, transportation, and sales of liquefied natural gas and compressed natural gas in China. The company is also involved in the investment, construction, and operation of gas stations and gas pipeline networks; sale of natural gas for residential, commercial, and industrial use; and provision of industrial gas tra… Read more
Xinjiang Hongtong Natural Gas Co. Ltd. (605169) - Net Assets
Latest net assets as of September 2025: CN¥2.02 Billion CNY
Based on the latest financial reports, Xinjiang Hongtong Natural Gas Co. Ltd. (605169) has net assets worth CN¥2.02 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¥2.54 Billion) and total liabilities (CN¥512.18 Million). 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¥2.02 Billion |
| % of Total Assets | 79.81% |
| Annual Growth Rate | 16.55% |
| 5-Year Change | 24.03% |
| 10-Year Change | N/A |
| Growth Volatility | 48.81 |
Xinjiang Hongtong Natural Gas Co. Ltd. - Net Assets Trend (2016–2024)
This chart illustrates how Xinjiang Hongtong Natural Gas 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 Xinjiang Hongtong Natural Gas Co. Ltd. (2016–2024)
The table below shows the annual net assets of Xinjiang Hongtong Natural Gas Co. Ltd. from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.01 Billion | +7.09% |
| 2023-12-31 | CN¥1.88 Billion | +4.78% |
| 2022-12-31 | CN¥1.79 Billion | +3.88% |
| 2021-12-31 | CN¥1.72 Billion | +6.40% |
| 2020-12-31 | CN¥1.62 Billion | +149.47% |
| 2019-12-31 | CN¥649.29 Million | +3.32% |
| 2018-12-31 | CN¥628.41 Million | +25.35% |
| 2017-12-31 | CN¥501.32 Million | -15.03% |
| 2016-12-31 | CN¥590.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xinjiang Hongtong Natural Gas 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 82.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥691.58 Million | 35.65% |
| Common Stock | CN¥282.88 Million | 14.58% |
| Other Comprehensive Income | CN¥175.43 Million | 9.04% |
| Other Components | CN¥790.01 Million | 40.72% |
| Total Equity | CN¥1.94 Billion | 100.00% |
Xinjiang Hongtong Natural Gas Co. Ltd. Competitors by Market Cap
The table below lists competitors of Xinjiang Hongtong Natural Gas Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cornerstone OnDemand Inc
F:8CO
|
$125.20 Million |
|
Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A
SHG:603137
|
$125.22 Million |
|
Zhejiang Xinzhonggang Thermal Power Co Ltd
SHG:605162
|
$125.26 Million |
|
Nantong Xingqiu Graphite Co. Ltd. A
SHG:688633
|
$125.29 Million |
|
Wei Chuan Foods Corp
TW:1201
|
$125.16 Million |
|
PARADIGM REAL ESTATE INVESTMENT TRUST
KLSE:5338
|
$125.11 Million |
|
Copperstone Resources AB Series B
LSE:0G3L
|
$125.07 Million |
|
Xin Hee Co Ltd
SHE:003016
|
$125.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xinjiang Hongtong Natural Gas Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,812,502,892 to 1,939,900,166, a change of 127,397,274 (7.0%).
- Net income of 173,121,918 contributed positively to equity growth.
- Dividend payments of 64,131,982 reduced retained earnings.
- Share repurchases of 23,029,848 reduced equity.
- Other comprehensive income increased equity by 153,531,711.
- Other factors decreased equity by 112,094,525.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥173.12 Million | +8.92% |
| Dividends Paid | CN¥64.13 Million | -3.31% |
| Share Repurchases | CN¥23.03 Million | -1.19% |
| Other Comprehensive Income | CN¥153.53 Million | +7.91% |
| Other Changes | CN¥-112.09 Million | -5.78% |
| Total Change | CN¥- | 7.03% |
Book Value vs Market Value Analysis
This analysis compares Xinjiang Hongtong Natural Gas 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: 1.92x
- 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 2.92x to 1.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥4.55 | CN¥13.27 | x |
| 2017-12-31 | CN¥3.92 | CN¥13.27 | x |
| 2018-12-31 | CN¥3.75 | CN¥13.27 | x |
| 2019-12-31 | CN¥2.12 | CN¥13.27 | x |
| 2020-12-31 | CN¥7.39 | CN¥13.27 | x |
| 2021-12-31 | CN¥7.88 | CN¥13.27 | x |
| 2022-12-31 | CN¥6.12 | CN¥13.27 | x |
| 2023-12-31 | CN¥6.41 | CN¥13.27 | x |
| 2024-12-31 | CN¥6.91 | CN¥13.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xinjiang Hongtong Natural Gas 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): 8.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.29%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.34x
- Recent ROE (8.92%) is below the historical average (13.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.26% | 9.93% | 0.59x | 1.41x | CN¥-9.29 Million |
| 2017 | 14.82% | 12.17% | 0.78x | 1.57x | CN¥22.11 Million |
| 2018 | 27.10% | 20.78% | 0.92x | 1.42x | CN¥100.18 Million |
| 2019 | 26.69% | 17.90% | 0.90x | 1.65x | CN¥100.01 Million |
| 2020 | 7.90% | 15.52% | 0.40x | 1.28x | CN¥-32.90 Million |
| 2021 | 11.98% | 16.61% | 0.53x | 1.36x | CN¥33.11 Million |
| 2022 | 9.28% | 11.20% | 0.60x | 1.39x | CN¥-12.51 Million |
| 2023 | 8.45% | 8.13% | 0.74x | 1.41x | CN¥-28.12 Million |
| 2024 | 8.92% | 6.29% | 1.06x | 1.34x | CN¥-20.87 Million |
Industry Comparison
This section compares Xinjiang Hongtong Natural Gas Co. Ltd.'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 |
|---|---|---|---|---|
| Xinjiang Hongtong Natural Gas Co. Ltd. (605169) | CN¥2.02 Billion | 8.26% | 0.25x | $125.20 Million |
| 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 |