Ningxia Baofeng Energy Group Co Ltd (600989) - Total Assets

Latest as of March 2026: CN¥94.51 Billion CNY ≈ $13.83 Billion USD

Based on the latest financial reports, Ningxia Baofeng Energy Group Co Ltd (600989) holds total assets worth CN¥94.51 Billion CNY (≈ $13.83 Billion USD) as of March 2026. 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.

Ningxia Baofeng Energy Group Co Ltd - Total Assets Trend (2007–2025)

This chart illustrates how Ningxia Baofeng Energy Group Co Ltd's total assets have evolved over time, based on quarterly financial data. Also see market value of Ningxia Baofeng Energy Group Co Ltd for the company's overall valuation and market capitalisation.

Ningxia Baofeng Energy Group Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2025)

Ningxia Baofeng Energy Group Co Ltd's total assets of CN¥94.51 Billion consist of 5.3% current assets and 94.7% non-current assets. Review 600989 total liabilities to assess the company's total debt and financial obligations.

Asset Category	Amount (CNY)	% of Total Assets
Cash & Equivalents	CN¥0.00	1.5%
Accounts Receivable	CN¥1.20 Billion	1.3%
Inventory	CN¥1.97 Billion	2.2%
Property, Plant & Equipment	CN¥0.00	0.0%
Intangible Assets	CN¥4.92 Billion	5.5%
Goodwill	CN¥1.12 Billion	1.3%

Asset Composition Trend (2007–2025)

This chart illustrates how Ningxia Baofeng Energy Group 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. See Ningxia Baofeng Energy Group Co Ltd share price for real-time trading data and today's change.

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Key Asset Composition Facts

Current vs. Non-Current Assets: Ningxia Baofeng Energy Group Co Ltd's current assets represent 5.3% of total assets in 2025, a decrease from 22.2% in 2007.
Cash Position: Cash and equivalents constituted 1.5% of total assets in 2025, down from 6.2% in 2007.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, a decrease from 19.0% in 2007.
Asset Diversification: The largest asset category is intangible assets at 5.5% of total assets.

Ningxia Baofeng Energy Group Co Ltd Competitors by Total Assets

Key competitors of Ningxia Baofeng Energy Group Co Ltd based on total assets are shown below.

Company	Country	Total Assets
Rongsheng Petrochemical Co Ltd SHE:002493	China	CN¥392.92 Billion
LG Chemicals KO:051910	Korea	₩98.48 Trillion
Hubei Xingfa Chemicals Group Co Ltd SHG:600141	China	CN¥51.74 Billion
Sichuan Em Technology Co Ltd SHG:601208	China	CN¥11.08 Billion
Methanex Corporation TO:MX	Canada	CA$7.17 Billion
FSPG Hi-Tech Co Ltd SHE:000973	China	CN¥5.04 Billion
Cathay Biotech Inc SHG:688065	China	CN¥23.45 Billion
Hubei Zhenhua Chemical Co Ltd SHG:603067	China	CN¥5.21 Billion

Ningxia Baofeng Energy Group 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	0.52	0.42	0.64
Quick Ratio	0.40	0.32	0.48
Cash Ratio	0.00	0.00	0.00
Working Capital	CN¥-7.72 Billion	CN¥-9.77 Billion	CN¥-2.35 Billion

Ningxia Baofeng Energy Group Co Ltd - Advanced Valuation Insights

This section examines the relationship between Ningxia Baofeng Energy Group 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	3.36
Latest Market Cap to Assets Ratio	0.28
Asset Growth Rate (YoY)	0.7%
Total Assets	CN¥90.15 Billion
Market Capitalization	$25.12 Billion USD

Valuation Analysis

Below Book Valuation: The market values Ningxia Baofeng Energy Group Co Ltd's assets below their book value (0.28x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Ningxia Baofeng Energy Group Co Ltd's assets grew by 0.7% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Ningxia Baofeng Energy Group Co Ltd (2007–2025)

The table below shows the annual total assets of Ningxia Baofeng Energy Group Co Ltd from 2007 to 2025.

Year	Total Assets	Change
2025-12-31	CN¥90.15 Billion ≈ $13.19 Billion	+0.65%
2024-12-31	CN¥89.57 Billion ≈ $13.11 Billion	+25.04%
2023-12-31	CN¥71.63 Billion ≈ $10.48 Billion	+24.40%
2022-12-31	CN¥57.58 Billion ≈ $8.43 Billion	+29.76%
2021-12-31	CN¥44.37 Billion ≈ $6.49 Billion	+16.45%
2020-12-31	CN¥38.11 Billion ≈ $5.58 Billion	+14.45%
2019-12-31	CN¥33.29 Billion ≈ $4.87 Billion	+24.10%
2018-12-31	CN¥26.83 Billion ≈ $3.93 Billion	+7.19%
2017-12-31	CN¥25.03 Billion ≈ $3.66 Billion	-9.50%
2016-12-31	CN¥27.66 Billion ≈ $4.05 Billion	+5.31%
2015-12-31	CN¥26.26 Billion ≈ $3.84 Billion	+4.77%
2014-12-31	CN¥25.07 Billion ≈ $3.67 Billion	+22.58%
2013-12-31	CN¥20.45 Billion ≈ $2.99 Billion	+28.82%
2012-12-31	CN¥15.87 Billion ≈ $2.32 Billion	+24.35%
2011-12-31	CN¥12.77 Billion ≈ $1.87 Billion	+34.04%
2010-12-31	CN¥9.52 Billion ≈ $1.39 Billion	+29.06%
2009-12-31	CN¥7.38 Billion ≈ $1.08 Billion	+31.19%
2008-12-31	CN¥5.63 Billion ≈ $823.12 Million	+77.43%
2007-12-31	CN¥3.17 Billion ≈ $463.91 Million	--

About Ningxia Baofeng Energy Group Co Ltd

SHG:600989 China Chemicals

Market Cap

$25.12 Billion

CN¥171.67 Billion CNY

Market Cap Rank

#1075 Global

#73 in China

Share Price

CN¥23.41

Change (1 day)

-4.06%

52-Week Range

CN¥16.43 - CN¥34.70

All Time High

CN¥34.70