Metallurgical Corporation of China Ltd (6MT) - Net Assets
Based on the latest financial reports, Metallurgical Corporation of China Ltd (6MT) has net assets worth €180.60 Billion EUR (≈ $211.14 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€857.41 Billion ≈ $1.00 Trillion USD) and total liabilities (€676.81 Billion ≈ $791.26 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. Check asset resilience ratio of Metallurgical Corporation of China Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €180.60 Billion |
| % of Total Assets | 21.06% |
| Annual Growth Rate | 11.5% |
| 5-Year Change | 29.91% |
| 10-Year Change | 156.25% |
| Growth Volatility | 6.31 |
Metallurgical Corporation of China Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Metallurgical Corporation of China Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 6MT total assets for the complete picture of this company's asset base.
Annual Net Assets for Metallurgical Corporation of China Ltd (2013–2024)
The table below shows the annual net assets of Metallurgical Corporation of China Ltd from 2013 to 2024. For live valuation and market cap data, see market cap of Metallurgical Corporation of China Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €182.34 Billion ≈ $213.17 Billion |
+8.54% |
| 2023-12-31 | €167.99 Billion ≈ $196.40 Billion |
+3.76% |
| 2022-12-31 | €161.91 Billion ≈ $189.29 Billion |
+6.95% |
| 2021-12-31 | €151.39 Billion ≈ $176.99 Billion |
+7.86% |
| 2020-12-31 | €140.36 Billion ≈ $164.09 Billion |
+20.06% |
| 2019-12-31 | €116.91 Billion ≈ $136.67 Billion |
+13.87% |
| 2018-12-31 | €102.67 Billion ≈ $120.03 Billion |
+5.50% |
| 2017-12-31 | €97.32 Billion ≈ $113.78 Billion |
+17.10% |
| 2016-12-31 | €83.11 Billion ≈ $97.16 Billion |
+16.80% |
| 2015-12-31 | €71.16 Billion ≈ $83.19 Billion |
+22.63% |
| 2014-12-31 | €58.02 Billion ≈ $67.84 Billion |
+5.37% |
| 2013-12-31 | €55.07 Billion ≈ $64.38 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Metallurgical Corporation of China 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 652.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €52.70 Billion | 34.43% |
| Other Components | €100.34 Billion | 65.57% |
| Total Equity | €153.04 Billion | 100.00% |
Metallurgical Corporation of China Ltd Competitors by Market Cap
The table below lists competitors of Metallurgical Corporation of China Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Henglin Chair Industry Co Ltd Class A
SHG:603661
|
$621.28 Million |
|
YIDU TECH INC. DL -00002
F:0EL
|
$621.36 Million |
|
Marssenger Kitchenware Co. Ltd.
SHE:300894
|
$621.87 Million |
|
Fuchun Technology Co Ltd
SHE:300299
|
$622.24 Million |
|
General Oceans ASA
OL:GENO
|
$620.35 Million |
|
Cuckoo Electronics Co Ltd
KO:192400
|
$620.26 Million |
|
Kunming Yunnei Power Co Ltd
SHE:000903
|
$620.05 Million |
|
Xiamen Insight Investment Co Ltd
SHE:000526
|
$619.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metallurgical Corporation of China Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 145,480,182,000 to 153,043,098,000, a change of 7,562,916,000 (5.2%).
- Net income of 6,745,954,000 contributed positively to equity growth.
- Dividend payments of 7,317,849,000 reduced retained earnings.
- Other factors increased equity by 8,134,811,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €6.75 Billion | +4.41% |
| Dividends Paid | €7.32 Billion | -4.78% |
| Other Changes | €8.13 Billion | +5.32% |
| Total Change | €- | 5.20% |
Book Value vs Market Value Analysis
This analysis compares Metallurgical Corporation of China 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: 0.03x
- 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 | €3.98 | €0.19 | x |
| 2018-12-31 | €4.05 | €0.19 | x |
| 2019-12-31 | €4.73 | €0.19 | x |
| 2020-12-31 | €4.72 | €0.19 | x |
| 2021-12-31 | €5.19 | €0.19 | x |
| 2022-12-31 | €5.84 | €0.19 | x |
| 2023-12-31 | €7.02 | €0.19 | x |
| 2024-12-31 | €7.38 | €0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metallurgical Corporation of China 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): 4.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.22%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 5.28x
- Recent ROE (4.41%) is below the historical average (7.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 6.69% | 1.47% | 0.63x | 7.25x | €-1.47 Billion |
| 2014 | 8.38% | 1.84% | 0.66x | 6.89x | €-768.79 Million |
| 2015 | 7.93% | 2.21% | 0.63x | 5.68x | €-1.25 Billion |
| 2016 | 7.62% | 2.45% | 0.58x | 5.35x | €-1.68 Billion |
| 2017 | 7.35% | 2.48% | 0.59x | 5.03x | €-2.19 Billion |
| 2018 | 7.59% | 2.20% | 0.66x | 5.23x | €-2.02 Billion |
| 2019 | 6.74% | 1.95% | 0.74x | 4.68x | €-3.20 Billion |
| 2020 | 8.03% | 1.96% | 0.79x | 5.17x | €-1.93 Billion |
| 2021 | 7.79% | 1.67% | 0.92x | 5.06x | €-2.37 Billion |
| 2022 | 8.48% | 1.73% | 1.01x | 4.83x | €-1.84 Billion |
| 2023 | 5.96% | 1.37% | 0.96x | 4.55x | €-5.88 Billion |
| 2024 | 4.41% | 1.22% | 0.68x | 5.28x | €-8.56 Billion |
Industry Comparison
This section compares Metallurgical Corporation of China Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $45,052,072,839
- Average return on equity (ROE) among peers: -24.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metallurgical Corporation of China Ltd (6MT) | €180.60 Billion | 6.69% | 3.75x | $620.95 Million |
| SINOPEC Engineering (Group) Co. Ltd (1NS) | $22.87 Billion | 15.26% | 1.28x | $1.11 Billion |
| China Aluminum International Engineering Corporation Limited (4AI) | $12.13 Billion | 5.09% | 2.74x | $129.83 Million |
| China Railway Construction Corporation Limited (4FF) | $313.64 Billion | 7.14% | 2.96x | $1.55 Billion |
| TEKMAR GROUP PLC LS-01 (6UA) | $39.21 Million | -13.08% | 0.45x | $14.51 Million |
| Monadelphous Group Ltd (8MP) | $368.10 Million | 28.75% | 1.16x | $1.78 Billion |
| OPERAD.D.SIT.MEX.A1 -01 (98Y) | $56.25 Billion | 1.18% | 1.09x | $2.45 Billion |
| ENERSIDE ENERGY EO -01 (9O8) | $8.30 Million | -277.11% | 9.58x | $39.43 Million |
| ABO Wind AG (AB9) | $15.55 Million | 4.59% | 1.10x | $58.64 Million |
| SRV YHTIOET OYJ (B7J1) | $146.83 Million | 3.58% | 2.07x | $87.79 Million |
About Metallurgical Corporation of China Ltd
Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in engineering contracting business in China. The company operates through the Engineering Contracting, Featured Business, Comprehensive Real Estate, and Others segments. The company provides metallurgical engineering, housing construction, municipal infrastructure engineering, and other projects. It also offers new … Read more