Zhaojin Mining Industry Company Limited (ZVL) - Net Assets
Based on the latest financial reports, Zhaojin Mining Industry Company Limited (ZVL) has net assets worth €27.59 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 (€58.27 Billion) and total liabilities (€30.68 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 | €27.59 Billion |
| % of Total Assets | 47.34% |
| Annual Growth Rate | 9.46% |
| 5-Year Change | 47.69% |
| 10-Year Change | 84.61% |
| Growth Volatility | 11.42 |
Zhaojin Mining Industry Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Zhaojin Mining Industry Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhaojin Mining Industry Company Limited (2013–2024)
The table below shows the annual net assets of Zhaojin Mining Industry Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €25.19 Billion | +13.25% |
| 2023-12-31 | €22.24 Billion | +10.96% |
| 2022-12-31 | €20.05 Billion | +1.61% |
| 2021-12-31 | €19.73 Billion | +15.66% |
| 2020-12-31 | €17.06 Billion | -1.76% |
| 2019-12-31 | €17.36 Billion | +3.30% |
| 2018-12-31 | €16.81 Billion | +0.26% |
| 2017-12-31 | €16.76 Billion | +18.60% |
| 2016-12-31 | €14.14 Billion | +3.58% |
| 2015-12-31 | €13.65 Billion | +39.96% |
| 2014-12-31 | €9.75 Billion | +4.58% |
| 2013-12-31 | €9.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhaojin Mining Industry Company Limited'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 34.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €5.74 Billion | 27.10% |
| Other Components | €15.44 Billion | 72.90% |
| Total Equity | €21.18 Billion | 100.00% |
Zhaojin Mining Industry Company Limited Competitors by Market Cap
The table below lists competitors of Zhaojin Mining Industry Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aecom Technology Corporation
NYSE:ACM
|
$11.20 Billion |
|
Saputo Inc
TO:SAP
|
$11.22 Billion |
|
Israel Discount Bank Ltd
TA:DSCT
|
$11.22 Billion |
|
GAIL (India) Limited
NSE:GAIL
|
$11.22 Billion |
|
Petronas Chemicals Group Bhd
KLSE:5183
|
$11.19 Billion |
|
AtkinsRealis Group Inc
TO:ATRL
|
$11.19 Billion |
|
Skanska AB (publ)
ST:SKA-B
|
$11.18 Billion |
|
Dayforce Inc.
NYSE:DAY
|
$11.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhaojin Mining Industry Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,861,960,000 to 21,183,602,000, a change of 2,321,642,000 (12.3%).
- Net income of 1,450,799,000 contributed positively to equity growth.
- Dividend payments of 311,167,000 reduced retained earnings.
- New share issuances of 1,568,145,000 increased equity.
- Other factors decreased equity by 386,135,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.45 Billion | +6.85% |
| Dividends Paid | €311.17 Million | -1.47% |
| Share Issuances | €1.57 Billion | +7.4% |
| Other Changes | €-386.13 Million | -1.82% |
| Total Change | €- | 12.31% |
Book Value vs Market Value Analysis
This analysis compares Zhaojin Mining Industry Company Limited'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: 0.58x
- 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 0.88x to 0.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €4.10 | €3.60 | x |
| 2018-12-31 | €4.13 | €3.60 | x |
| 2019-12-31 | €4.27 | €3.60 | x |
| 2020-12-31 | €4.14 | €3.60 | x |
| 2021-12-31 | €4.98 | €3.60 | x |
| 2022-12-31 | €5.08 | €3.60 | x |
| 2023-12-31 | €5.77 | €3.60 | x |
| 2024-12-31 | €6.23 | €3.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhaojin Mining Industry Company Limited 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): 6.85%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.56%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 2.53x
- Recent ROE (6.85%) is above the historical average (4.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 8.71% | 11.57% | 0.27x | 2.77x | €-108.51 Million |
| 2014 | 5.25% | 8.12% | 0.21x | 3.05x | €-411.32 Million |
| 2015 | 2.87% | 5.23% | 0.19x | 2.89x | €-765.96 Million |
| 2016 | 3.15% | 5.30% | 0.20x | 2.94x | €-768.86 Million |
| 2017 | 4.88% | 9.65% | 0.20x | 2.56x | €-676.04 Million |
| 2018 | 3.57% | 6.61% | 0.20x | 2.70x | €-855.56 Million |
| 2019 | 3.44% | 7.57% | 0.16x | 2.89x | €-915.69 Million |
| 2020 | 7.76% | 13.76% | 0.19x | 2.93x | €-303.12 Million |
| 2021 | 0.21% | 0.49% | 0.16x | 2.64x | €-1.60 Billion |
| 2022 | 2.42% | 5.10% | 0.17x | 2.76x | €-1.26 Billion |
| 2023 | 3.64% | 8.15% | 0.18x | 2.48x | €-1.20 Billion |
| 2024 | 6.85% | 12.56% | 0.22x | 2.53x | €-667.56 Million |
Industry Comparison
This section compares Zhaojin Mining Industry Company Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $39,198,765
- Average return on equity (ROE) among peers: -40.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhaojin Mining Industry Company Limited (ZVL) | €27.59 Billion | 8.71% | 1.11x | $11.19 Billion |
| Pearl Gold AG (02P) | $198.54 Million | -1.69% | 0.00x | $16.66 Million |
| AMIGO HLDGS PLC. LS-0025 (0VG) | $47.90 Million | 354.09% | 4.95x | $28.02 Million |
| Asante Gold Corporation (1A9) | $2.19 Million | -22.93% | 1.52x | $750.30 Million |
| American Pacific Mining Corp (1QC1) | $3.14 Million | 0.00% | 0.20x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $17.87 Million | -9.87% | 0.17x | $236.82 Million |
| Rio2 Limited (1SB) | $123.08 Million | -11.08% | 2.81x | $905.31 Million |
| GREENHAWK RESOURCES INC. (2V70) | $-338.95K | 0.00% | 0.00x | $453.49K |
| THETA GOLD MNS LTD (3LM) | $-2.12 Million | 0.00% | 0.00x | $149.39 Million |
| McLaren Resources Inc (3ML) | $165.58K | -580.55% | 1.83x | $2.76 Million |
| RIO GRANDE RESOURCES LTD. (488) | $1.57 Million | -130.13% | 0.95x | $6.72 Million |
About Zhaojin Mining Industry Company Limited
Zhaojin Mining Industry Company Limited, an investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and other metallic products in the People's Republic of China and internationally. It operates in three segments: Gold Operations, Copper Operations, and Others. The company offers Au9999 and Au 9995 gold bullions under the Zhaojin brand name. It also enga… Read more