Shanxi Meijin Energy Co Ltd
Shanxi Meijin Energy Co.,Ltd. produces and sells coking coal and coking by-products in China. The company engages in the production and sales of coal, coking, natural gas, chemical products, new energy vehicles, including hydrogen fuel cell vehicles; ethylene glycol, and carbon black; chemical products; pig iron, coke, coke powder, dedusting ash, coke oven gas, coal tar, crude benzene/light benze… Read more
Shanxi Meijin Energy Co Ltd (000723) - Total Assets
Latest total assets as of September 2025: CN¥44.36 Billion CNY
Based on the latest financial reports, Shanxi Meijin Energy Co Ltd (000723) holds total assets worth CN¥44.36 Billion CNY as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Shanxi Meijin Energy Co Ltd - Total Assets Trend (1994–2024)
This chart illustrates how Shanxi Meijin Energy Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shanxi Meijin Energy Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shanxi Meijin Energy Co Ltd's total assets of CN¥44.36 Billion consist of 21.2% current assets and 78.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 10.5% |
| Accounts Receivable | CN¥2.59 Billion | 5.7% |
| Inventory | CN¥1.57 Billion | 3.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥5.06 Billion | 11.2% |
| Goodwill | CN¥52.41 Million | 0.1% |
Asset Composition Trend (1994–2024)
This chart illustrates how Shanxi Meijin Energy Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shanxi Meijin Energy Co Ltd's current assets represent 21.2% of total assets in 2024, a decrease from 58.5% in 1994.
- Cash Position: Cash and equivalents constituted 10.5% of total assets in 2024, up from 5.2% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 7.0% in 1994.
- Asset Diversification: The largest asset category is intangible assets at 11.2% of total assets.
Shanxi Meijin Energy Co Ltd Competitors by Total Assets
Key competitors of Shanxi Meijin Energy Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Jinling Mining Co Ltd
SHE:000655
|
China | CN¥4.04 Billion |
|
5R02
F:5R02
|
Germany | €849.65 Million |
|
Anyuan Coal Industry Group Co Ltd
SHG:600397
|
China | CN¥800.48 Million |
|
Shanxi Antai Group Co Ltd
SHG:600408
|
China | CN¥4.36 Billion |
|
Fujian Oriental Silver Star Investment Co Ltd
SHG:600753
|
China | CN¥282.76 Million |
|
Yunnan Coal & Energy Co Ltd
SHG:600792
|
China | CN¥8.59 Billion |
|
Kailuan Energy Chemical Co Ltd
SHG:600997
|
China | CN¥26.44 Billion |
|
Baotailong New Materials Co Ltd
SHG:601011
|
China | CN¥11.64 Billion |
Shanxi Meijin Energy Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Shanxi Meijin Energy Co Ltd generates 0.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Shanxi Meijin Energy Co Ltd is currently not profitable relative to its asset base.
Shanxi Meijin Energy Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.44 | 0.52 | 0.62 |
| Quick Ratio | 0.38 | 0.45 | 0.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-11.04 Billion | CN¥ -8.69 Billion | CN¥ -4.56 Billion |
Shanxi Meijin Energy Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shanxi Meijin Energy Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.53 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 6.0% |
| Total Assets | CN¥45.04 Billion |
| Market Capitalization | $1.88 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shanxi Meijin Energy Co Ltd's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shanxi Meijin Energy Co Ltd's assets grew by 6.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shanxi Meijin Energy Co Ltd (1994–2024)
The table below shows the annual total assets of Shanxi Meijin Energy Co Ltd from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥45.04 Billion | +5.95% |
| 2023-12-31 | CN¥42.51 Billion | +16.27% |
| 2022-12-31 | CN¥36.56 Billion | +24.35% |
| 2021-12-31 | CN¥29.40 Billion | +16.16% |
| 2020-12-31 | CN¥25.31 Billion | +28.89% |
| 2019-12-31 | CN¥19.64 Billion | +5.11% |
| 2018-12-31 | CN¥18.68 Billion | +35.23% |
| 2017-12-31 | CN¥13.82 Billion | +9.70% |
| 2016-12-31 | CN¥12.60 Billion | -15.24% |
| 2015-12-31 | CN¥14.86 Billion | +1675.91% |
| 2014-12-31 | CN¥836.79 Million | -6.06% |
| 2013-12-31 | CN¥890.79 Million | +13.69% |
| 2012-12-31 | CN¥783.55 Million | -15.71% |
| 2011-12-31 | CN¥929.60 Million | +0.62% |
| 2010-12-31 | CN¥923.84 Million | -6.95% |
| 2009-12-31 | CN¥992.81 Million | -19.06% |
| 2008-12-31 | CN¥1.23 Billion | +15.40% |
| 2007-12-31 | CN¥1.06 Billion | +54.97% |
| 2006-12-31 | CN¥685.85 Million | -3.83% |
| 2005-12-31 | CN¥713.17 Million | -0.53% |
| 2004-12-31 | CN¥716.99 Million | +0.96% |
| 2003-12-31 | CN¥710.15 Million | +10.19% |
| 2002-12-31 | CN¥644.46 Million | -6.79% |
| 2001-12-31 | CN¥691.37 Million | -25.60% |
| 2000-12-31 | CN¥929.32 Million | -5.55% |
| 1999-12-31 | CN¥983.91 Million | +13.66% |
| 1998-12-31 | CN¥865.69 Million | +13.75% |
| 1997-12-31 | CN¥761.07 Million | +63.70% |
| 1996-12-31 | CN¥464.91 Million | +182.08% |
| 1995-12-31 | CN¥164.82 Million | +24.48% |
| 1994-12-31 | CN¥132.41 Million | -- |