Shanxi Meijin Energy Co Ltd (000723) - Total Assets
Based on the latest financial reports, Shanxi Meijin Energy Co Ltd (000723) holds total assets worth CN¥44.36 Billion CNY (≈ $6.49 Billion USD) 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. See 000723 net assets for net asset value and shareholders' equity analysis.
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.
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¥3.30 Billion | 7.3% |
| 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. For live market cap, price, and company overview, see 000723 market cap overview.
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 7.0% of total assets, unchanged from 7.0% in 1994.
- Asset Diversification: The largest asset category is intangible assets at 7.3% 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 |
|---|---|---|
|
Adaro Minerals Indonesia Tbk PT
JK:ADMR
|
Indonesia | Rp2.44 Billion |
|
Stanmore Resources Ltd
AU:SMR
|
Australia | AU$4.64 Billion |
|
Shandong Jinling Mining Co Ltd
SHE:000655
|
China | CN¥4.04 Billion |
|
Aspire Mining Ltd
AU:AKM
|
Australia | AU$40.00 Million |
|
Tigers Realm Coal Ltd
AU:TIG
|
Australia | AU$111.37 Million |
|
Jameson Resources Ltd
AU:JAL
|
Australia | AU$56.97 Million |
|
Coronado Global Resources Inc
AU:CRN
|
Australia | AU$2.54 Billion |
|
Bathurst Resources Ltd
AU:BRL
|
Australia | AU$353.20 Million |
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 | 0.56 |
| Quick Ratio | 0.38 | 0.45 | 0.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-11.04 Billion | CN¥-8.69 Billion | CN¥-5.82 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 | 1.42 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 6.0% |
| Total Assets | CN¥45.04 Billion |
| Market Capitalization | $2.87 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shanxi Meijin Energy Co Ltd's assets below their book value (0.06x), 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 ≈ $6.59 Billion |
+5.95% |
| 2023-12-31 | CN¥42.51 Billion ≈ $6.22 Billion |
+16.09% |
| 2022-12-31 | CN¥36.62 Billion ≈ $5.36 Billion |
+24.65% |
| 2021-12-31 | CN¥29.38 Billion ≈ $4.30 Billion |
+8.06% |
| 2020-12-31 | CN¥27.19 Billion ≈ $3.98 Billion |
+38.43% |
| 2019-12-31 | CN¥19.64 Billion ≈ $2.87 Billion |
+5.11% |
| 2018-12-31 | CN¥18.68 Billion ≈ $2.73 Billion |
+15.02% |
| 2017-12-31 | CN¥16.24 Billion ≈ $2.38 Billion |
+28.97% |
| 2016-12-31 | CN¥12.60 Billion ≈ $1.84 Billion |
-15.24% |
| 2015-12-31 | CN¥14.86 Billion ≈ $2.17 Billion |
-13.29% |
| 2014-12-31 | CN¥17.14 Billion ≈ $2.51 Billion |
+1824.05% |
| 2013-12-31 | CN¥890.79 Million ≈ $130.35 Million |
+13.69% |
| 2012-12-31 | CN¥783.55 Million ≈ $114.66 Million |
-15.71% |
| 2011-12-31 | CN¥929.60 Million ≈ $136.03 Million |
+0.62% |
| 2010-12-31 | CN¥923.84 Million ≈ $135.19 Million |
-6.95% |
| 2009-12-31 | CN¥992.81 Million ≈ $145.28 Million |
-19.06% |
| 2008-12-31 | CN¥1.23 Billion ≈ $179.49 Million |
+15.40% |
| 2007-12-31 | CN¥1.06 Billion ≈ $155.53 Million |
+52.36% |
| 2006-12-31 | CN¥697.59 Million ≈ $102.08 Million |
-2.19% |
| 2005-12-31 | CN¥713.17 Million ≈ $104.36 Million |
-0.53% |
| 2004-12-31 | CN¥716.99 Million ≈ $104.92 Million |
+0.96% |
| 2003-12-31 | CN¥710.15 Million ≈ $103.92 Million |
+10.19% |
| 2002-12-31 | CN¥644.46 Million ≈ $94.30 Million |
-6.70% |
| 2001-12-31 | CN¥690.72 Million ≈ $101.07 Million |
-20.97% |
| 2000-12-31 | CN¥874.00 Million ≈ $127.89 Million |
-10.61% |
| 1999-12-31 | CN¥977.75 Million ≈ $143.08 Million |
+18.12% |
| 1998-12-31 | CN¥827.74 Million ≈ $121.12 Million |
+8.76% |
| 1997-12-31 | CN¥761.07 Million ≈ $111.37 Million |
+63.70% |
| 1996-12-31 | CN¥464.91 Million ≈ $68.03 Million |
+182.08% |
| 1995-12-31 | CN¥164.82 Million ≈ $24.12 Million |
+24.48% |
| 1994-12-31 | CN¥132.41 Million ≈ $19.38 Million |
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About 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