Xinjiang Xinxin Mining Industry Co. Ltd
Xinjiang Xinxin Mining Industry Co., Ltd., together with its subsidiaries, engages in mining, ore processing, smelting, refining, and selling of nickel, copper, and other nonferrous metals. It provides nickel cathode, as well as other products, including copper cathode, cobalt products, gold, silver, platinum, and palladium. The company holds 100% interests in the Kalatongke nickel-copper mine lo… Read more
Xinjiang Xinxin Mining Industry Co. Ltd (33X1) - Net Assets
Latest net assets as of June 2025: €6.20 Billion EUR
Based on the latest financial reports, Xinjiang Xinxin Mining Industry Co. Ltd (33X1) has net assets worth €6.20 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.88 Billion) and total liabilities (€3.68 Billion). 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 | €6.20 Billion |
| % of Total Assets | 62.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | 26.02% |
| 10-Year Change | 19.74% |
| Growth Volatility | 7.98 |
Xinjiang Xinxin Mining Industry Co. Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Xinjiang Xinxin Mining Industry 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 Xinxin Mining Industry Co. Ltd (2013–2024)
The table below shows the annual net assets of Xinjiang Xinxin Mining Industry Co. Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €5.59 Billion | +1.17% |
| 2023-12-31 | €5.52 Billion | -2.97% |
| 2022-12-31 | €5.69 Billion | +15.03% |
| 2021-12-31 | €4.95 Billion | +11.60% |
| 2020-12-31 | €4.43 Billion | +4.21% |
| 2019-12-31 | €4.25 Billion | +0.59% |
| 2018-12-31 | €4.23 Billion | -3.08% |
| 2017-12-31 | €4.36 Billion | -2.00% |
| 2016-12-31 | €4.45 Billion | -4.56% |
| 2015-12-31 | €4.66 Billion | -16.69% |
| 2014-12-31 | €5.60 Billion | +0.20% |
| 2013-12-31 | €5.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xinjiang Xinxin Mining Industry 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 14.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €492.29 Million | 8.82% |
| Other Components | €5.09 Billion | 91.18% |
| Total Equity | €5.58 Billion | 100.00% |
Xinjiang Xinxin Mining Industry Co. Ltd Competitors by Market Cap
The table below lists competitors of Xinjiang Xinxin Mining Industry Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ganso Co Ltd
SHG:603886
|
$175.53 Million |
|
KEFI GOLD COPPER LS -001
F:KMSA
|
$175.53 Million |
|
Beijing Airport High-Tech Park Co Ltd
SHG:600463
|
$175.56 Million |
|
Poongsan Holdi
KO:005810
|
$175.59 Million |
|
TotalEnergies EP Gabon S.A.
PA:EC
|
$175.32 Million |
|
Svedbergs i Dalstorp AB (publ)
ST:SVED-B
|
$175.31 Million |
|
Launch One Acquisition Corp. Unit
NASDAQ:LPAAU
|
$175.27 Million |
|
Zinwell Corporation
TW:2485
|
$175.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xinjiang Xinxin Mining Industry Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,504,192,669 to 5,580,910,466, a change of 76,717,796 (1.4%).
- Net income of 185,917,666 contributed positively to equity growth.
- Dividend payments of 131,011,004 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €185.92 Million | +3.33% |
| Dividends Paid | €131.01 Million | -2.35% |
| Other Changes | €21.81 Million | +0.39% |
| Total Change | €- | 1.39% |
Book Value vs Market Value Analysis
This analysis compares Xinjiang Xinxin Mining Industry 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: 0.09x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1.94 | €0.23 | x |
| 2018-12-31 | €1.92 | €0.23 | x |
| 2019-12-31 | €1.93 | €0.23 | x |
| 2020-12-31 | €2.00 | €0.23 | x |
| 2021-12-31 | €2.23 | €0.23 | x |
| 2022-12-31 | €2.57 | €0.23 | x |
| 2023-12-31 | €2.49 | €0.23 | x |
| 2024-12-31 | €2.53 | €0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xinjiang Xinxin Mining Industry 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): 3.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.15%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.38x
- Recent ROE (3.33%) is above the historical average (0.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -1.12% | -6.93% | 0.08x | 2.11x | €-582.27 Million |
| 2014 | 1.46% | 2.29% | 0.29x | 2.24x | €-453.62 Million |
| 2015 | -16.17% | -27.59% | 0.23x | 2.60x | €-1.20 Billion |
| 2016 | -4.73% | -10.14% | 0.25x | 1.85x | €-644.66 Million |
| 2017 | -1.90% | -5.89% | 0.18x | 1.81x | €-510.38 Million |
| 2018 | -1.28% | -3.10% | 0.22x | 1.87x | €-477.55 Million |
| 2019 | 0.64% | 1.65% | 0.22x | 1.78x | €-398.67 Million |
| 2020 | 3.44% | 8.19% | 0.26x | 1.65x | €-289.44 Million |
| 2021 | 10.46% | 21.64% | 0.32x | 1.50x | €22.75 Million |
| 2022 | 13.13% | 26.00% | 0.37x | 1.38x | €177.35 Million |
| 2023 | 2.96% | 7.94% | 0.26x | 1.42x | €-387.76 Million |
| 2024 | 3.33% | 8.15% | 0.30x | 1.38x | €-372.17 Million |
Industry Comparison
This section compares Xinjiang Xinxin Mining Industry Co. Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $8,916,684
- Average return on equity (ROE) among peers: -377.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xinjiang Xinxin Mining Industry Co. Ltd (33X1) | €6.20 Billion | -1.12% | 0.59x | $175.41 Million |
| 14S0 (14S0) | $2.71 Million | -209.91% | 0.28x | $2.68 Million |
| 23B (23B) | $5.94 Million | -17.66% | 0.30x | $2.00 Million |
| 2P30 (2P30) | $1.04 Million | -34.54% | 0.07x | $9.46 Million |
| Agrimin Limited (3CL) | $46.44 Million | -2.95% | 0.06x | $11.03 Million |
| Copper Quest Exploration Inc. (3MX0) | $116.66K | -2987.81% | 5.03x | $4.68 Million |
| LibertyStream Infrastructure Partners Inc. (3ZM) | $6.76 Million | -80.67% | 0.09x | $93.18 Million |
| Arkle Resources PLC (48O) | $3.26 Million | -9.62% | 0.07x | $4.79 Million |
| Marula Mining PLC (48U0) | $-154.97K | 0.00% | 0.00x | $3.45 Million |
| Anglesey Mining plc (4A0) | $14.13 Million | -50.76% | 0.18x | $87.09K |