SHAND.GOLD MNG LTD H HD 1 (188H) - Net Assets
Based on the latest financial reports, SHAND.GOLD MNG LTD H HD 1 (188H) has net assets worth €66.37 Billion EUR (≈ $77.60 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€177.31 Billion ≈ $207.30 Billion USD) and total liabilities (€110.94 Billion ≈ $129.70 Billion USD). 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. See 188H equity to assets ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €66.37 Billion |
| % of Total Assets | 37.43% |
| Annual Growth Rate | 19.3% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.62 |
SHAND.GOLD MNG LTD H HD 1 - Net Assets Trend (2021–2025)
This chart illustrates how SHAND.GOLD MNG LTD H HD 1's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SHAND.GOLD MNG LTD H HD 1 (188H) total market value.
Annual Net Assets for SHAND.GOLD MNG LTD H HD 1 (2021–2025)
The table below shows the annual net assets of SHAND.GOLD MNG LTD H HD 1 from 2021 to 2025. Also explore SHAND.GOLD MNG LTD H HD 1 (188H) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €64.38 Billion ≈ $75.27 Billion |
+9.92% |
| 2024-12-31 | €58.57 Billion ≈ $68.47 Billion |
+9.97% |
| 2023-12-31 | €53.26 Billion ≈ $62.27 Billion |
+45.13% |
| 2022-12-31 | €36.70 Billion ≈ $42.90 Billion |
+15.46% |
| 2021-12-31 | €31.78 Billion ≈ $37.16 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to SHAND.GOLD MNG LTD H HD 1'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 47.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €18.26 Billion | 40.68% |
| Other Components | €26.63 Billion | 59.32% |
| Total Equity | €44.90 Billion | 100.00% |
SHAND.GOLD MNG LTD H HD 1 Competitors by Market Cap
The table below lists competitors of SHAND.GOLD MNG LTD H HD 1 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AUO CORP. SP.ADR NEW/10
F:AU7
|
$3.23 Billion |
|
PotlatchDeltic Corp
NASDAQ:PCH
|
$3.23 Billion |
|
Schneider National Inc
NYSE:SNDR
|
$3.23 Billion |
|
Shanghai Huace Navigation Technology Ltd
SHE:300627
|
$3.23 Billion |
|
Kesko Oyj
HE:KESKOA
|
$3.23 Billion |
|
Sigurd Microelectronics Corp
TW:6257
|
$3.23 Billion |
|
Tofas Turk Otomobil Fabrikasi AS
IS:TOASO
|
$3.23 Billion |
|
Star Bulk Carriers Corp
NASDAQ:SBLK
|
$3.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SHAND.GOLD MNG LTD H HD 1's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 37,797,504,973 to 44,899,269,631, a change of 7,101,764,658 (18.8%).
- Net income of 4,739,393,121 contributed positively to equity growth.
- Dividend payments of 3,775,255,845 reduced retained earnings.
- Other factors increased equity by 6,137,627,383.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €4.74 Billion | +10.56% |
| Dividends Paid | €3.78 Billion | -8.41% |
| Other Changes | €6.14 Billion | +13.67% |
| Total Change | €- | 18.79% |
Book Value vs Market Value Analysis
This analysis compares SHAND.GOLD MNG LTD H HD 1'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: 0.28x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.42x to 0.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €6.53 | €2.77 | x |
| 2022-12-31 | €7.35 | €2.77 | x |
| 2023-12-31 | €7.40 | €2.77 | x |
| 2024-12-31 | €8.45 | €2.77 | x |
| 2025-12-31 | €9.74 | €2.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SHAND.GOLD MNG LTD H HD 1 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): 10.56%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.54%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 3.79x
- Recent ROE (10.56%) is above the historical average (5.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -0.66% | -0.57% | 0.43x | 2.68x | €-3.12 Billion |
| 2022 | 3.79% | 2.48% | 0.55x | 2.76x | €-2.04 Billion |
| 2023 | 7.04% | 3.93% | 0.44x | 4.07x | €-980.74 Million |
| 2024 | 7.81% | 3.58% | 0.51x | 4.25x | €-828.20 Million |
| 2025 | 10.56% | 4.54% | 0.61x | 3.79x | €249.47 Million |
Industry Comparison
This section compares SHAND.GOLD MNG LTD H HD 1's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $10,629,189
- Average return on equity (ROE) among peers: -103.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SHAND.GOLD MNG LTD H HD 1 (188H) | €66.37 Billion | -0.66% | 1.67x | $3.23 Billion |
| Pearl Gold AG (02P) | $10.12 Million | -4.44% | 0.02x | $16.08 Million |
| NEWPATH RESOURCES INC. (0MZ) | $-104.03K | 0.00% | 0.00x | $556.56K |
| Asante Gold Corporation (1A9) | $2.19 Million | -22.93% | 1.52x | $558.97 Million |
| American Pacific Mining Corp (1QC1) | $41.94 Million | -24.06% | 0.02x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $26.12 Million | -5.86% | 0.18x | $236.82 Million |
| WALKER RIVER RES CORP (1WV0) | $8.63 Million | -7.22% | 0.07x | $10.69 Million |
| CLARITY METALS CORP. (27G0) | $263.00K | -857.71% | 2.32x | $1.66 Million |
| CANDELARIA MINING CORP (29LN) | $-1.68 Million | 0.00% | 0.00x | $87.61K |
| SIXTY NORTH GOLD MIN.LTD. (2F40) | $8.19 Million | -8.14% | 0.06x | $10.77 Million |
About SHAND.GOLD MNG LTD H HD 1
Shandong Gold Mining Co., Ltd. engages in mining, smelting, processing, and precious metals in the People's Republic of China. It explores for silver, copper, iron, lead, and zinc metals. The company is also involved in manufacturing special equipment for gold mines; gold and non-ferrous metal mining and smelting; and building decoration materials, as well as invests in gold bars. In addition, it… Read more