Southern Copper Corporation (SCCO) - Net Assets
Based on the latest financial reports, Southern Copper Corporation (SCCO) has net assets worth $11.86 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 ($21.93 Billion) and total liabilities ($10.07 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. Check tangible equity quality of Southern Copper Corporation to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.86 Billion |
| % of Total Assets | 54.08% |
| Annual Growth Rate | 8.52% |
| 5-Year Change | 35.3% |
| 10-Year Change | 89.15% |
| Growth Volatility | 18.2 |
Southern Copper Corporation - Net Assets Trend (1996–2025)
This chart illustrates how Southern Copper Corporation's net assets have evolved over time, based on quarterly financial data. See Southern Copper Corporation defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Southern Copper Corporation (1996–2025)
The table below shows the annual net assets of Southern Copper Corporation from 1996 to 2025. For live valuation and market cap data, see Southern Copper Corporation (SCCO) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $11.10 Billion | +20.21% |
| 2024-12-31 | $9.24 Billion | +23.49% |
| 2023-12-31 | $7.48 Billion | -8.17% |
| 2022-12-31 | $8.15 Billion | -0.74% |
| 2021-12-31 | $8.21 Billion | +12.81% |
| 2020-12-31 | $7.28 Billion | +6.09% |
| 2019-12-31 | $6.86 Billion | +3.71% |
| 2018-12-31 | $6.61 Billion | +7.54% |
| 2017-12-31 | $6.15 Billion | +4.74% |
| 2016-12-31 | $5.87 Billion | +10.79% |
| 2015-12-31 | $5.30 Billion | -9.21% |
| 2014-12-31 | $5.84 Billion | +4.94% |
| 2013-12-31 | $5.56 Billion | +16.14% |
| 2012-12-31 | $4.79 Billion | +18.65% |
| 2011-12-31 | $4.04 Billion | +3.33% |
| 2010-12-31 | $3.91 Billion | +1.17% |
| 2009-12-31 | $3.86 Billion | +13.71% |
| 2008-12-31 | $3.40 Billion | -12.15% |
| 2007-12-31 | $3.86 Billion | +5.00% |
| 2006-12-31 | $3.68 Billion | +10.24% |
| 2005-12-31 | $3.34 Billion | +92.75% |
| 2004-12-31 | $1.73 Billion | +30.90% |
| 2003-12-31 | $1.32 Billion | +5.95% |
| 2002-12-31 | $1.25 Billion | +2.09% |
| 2001-12-31 | $1.22 Billion | +1.44% |
| 2000-12-31 | $1.21 Billion | +5.81% |
| 1999-12-31 | $1.14 Billion | +1.33% |
| 1998-12-31 | $1.12 Billion | +0.71% |
| 1997-12-31 | $1.12 Billion | +7.67% |
| 1996-12-31 | $1.04 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Southern Copper Corporation'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 673.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.80 Billion | 52.52% |
| Common Stock | $8.80 Million | 0.08% |
| Other Comprehensive Income | $8.30 Million | 0.08% |
| Other Components | $5.22 Billion | 47.33% |
| Total Equity | $11.04 Billion | 100.00% |
Southern Copper Corporation Competitors by Market Cap
The table below lists competitors of Southern Copper Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gilead Sciences Inc
NASDAQ:GILD
|
$153.55 Billion |
|
Abbott Laboratories
NYSE:ABT
|
$153.73 Billion |
|
Novo Nordisk A/S
CO:NOVO-B
|
$154.55 Billion |
|
Deere & Company
NYSE:DE
|
$155.27 Billion |
|
AT&T Inc.
NYSE:T
|
$152.93 Billion |
|
Union Pacific Corporation
NYSE:UNP
|
$152.51 Billion |
|
Deutsche Telekom AG
XETRA:DTE
|
$152.39 Billion |
|
Banco Santander S.A.
MC:SAN
|
$150.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southern Copper Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,171,600,000 to 11,038,100,000, a change of 1,866,500,000 (20.4%).
- Net income of 4,334,900,000 contributed positively to equity growth.
- Dividend payments of 2,485,100,000 reduced retained earnings.
- Other comprehensive income increased equity by 10,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.33 Billion | +39.27% |
| Dividends Paid | $2.49 Billion | -22.51% |
| Other Comprehensive Income | $10.50 Million | +0.1% |
| Other Changes | $6.20 Million | +0.06% |
| Total Change | $- | 20.35% |
Book Value vs Market Value Analysis
This analysis compares Southern Copper Corporation'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: 14.65x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 92.50x to 14.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $2.09 | $192.93 | x |
| 1997-12-31 | $2.26 | $192.93 | x |
| 1998-12-31 | $2.29 | $192.93 | x |
| 1999-12-31 | $2.32 | $192.93 | x |
| 2000-12-31 | $2.46 | $192.93 | x |
| 2001-12-31 | $2.49 | $192.93 | x |
| 2002-12-31 | $2.56 | $192.93 | x |
| 2003-12-31 | $2.71 | $192.93 | x |
| 2004-12-31 | $1.93 | $192.93 | x |
| 2005-12-31 | $3.73 | $192.93 | x |
| 2006-12-31 | $4.11 | $192.93 | x |
| 2007-12-31 | $4.31 | $192.93 | x |
| 2008-12-31 | $3.81 | $192.93 | x |
| 2009-12-31 | $4.47 | $192.93 | x |
| 2010-12-31 | $4.55 | $192.93 | x |
| 2011-12-31 | $4.72 | $192.93 | x |
| 2012-12-31 | $5.62 | $192.93 | x |
| 2013-12-31 | $6.57 | $192.93 | x |
| 2014-12-31 | $7.01 | $192.93 | x |
| 2015-12-31 | $6.67 | $192.93 | x |
| 2016-12-31 | $7.59 | $192.93 | x |
| 2017-12-31 | $7.96 | $192.93 | x |
| 2018-12-31 | $8.50 | $192.93 | x |
| 2019-12-31 | $8.81 | $192.93 | x |
| 2020-12-31 | $9.35 | $192.93 | x |
| 2021-12-31 | $10.54 | $192.93 | x |
| 2022-12-31 | $10.46 | $192.93 | x |
| 2023-12-31 | $9.44 | $192.93 | x |
| 2024-12-31 | $11.67 | $192.93 | x |
| 2025-12-31 | $13.17 | $192.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southern Copper Corporation 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): 39.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.30%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.94x
- Recent ROE (39.27%) is above the historical average (27.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 17.78% | 23.97% | 0.59x | 1.26x | $79.00 Million |
| 1997 | 16.92% | 22.81% | 0.53x | 1.41x | $75.94 Million |
| 1998 | 4.93% | 8.70% | 0.41x | 1.38x | $-56.26 Million |
| 1999 | 2.61% | 5.03% | 0.38x | 1.37x | $-83.19 Million |
| 2000 | 7.80% | 13.07% | 0.40x | 1.49x | $-26.25 Million |
| 2001 | 3.85% | 7.08% | 0.36x | 1.51x | $-74.39 Million |
| 2002 | 4.88% | 9.11% | 0.38x | 1.41x | $-63.58 Million |
| 2003 | 9.30% | 15.32% | 0.41x | 1.47x | $-9.23 Million |
| 2004 | 57.09% | 31.72% | 1.19x | 1.51x | $810.31 Million |
| 2005 | 42.09% | 34.04% | 0.72x | 1.71x | $1.07 Billion |
| 2006 | 55.57% | 37.32% | 0.86x | 1.74x | $1.67 Billion |
| 2007 | 57.60% | 36.42% | 0.92x | 1.71x | $1.83 Billion |
| 2008 | 41.60% | 29.00% | 0.84x | 1.70x | $1.07 Billion |
| 2009 | 24.18% | 24.89% | 0.62x | 1.58x | $545.09 Million |
| 2010 | 39.79% | 30.18% | 0.63x | 2.10x | $1.16 Billion |
| 2011 | 57.89% | 34.26% | 0.84x | 2.00x | $1.93 Billion |
| 2012 | 40.60% | 29.01% | 0.64x | 2.18x | $1.46 Billion |
| 2013 | 29.25% | 27.19% | 0.53x | 2.01x | $1.07 Billion |
| 2014 | 22.96% | 23.03% | 0.51x | 1.95x | $752.52 Million |
| 2015 | 13.90% | 14.59% | 0.40x | 2.36x | $206.48 Million |
| 2016 | 13.23% | 14.43% | 0.41x | 2.26x | $189.41 Million |
| 2017 | 11.85% | 10.95% | 0.48x | 2.24x | $113.56 Million |
| 2018 | 23.49% | 21.74% | 0.49x | 2.21x | $886.25 Million |
| 2019 | 21.82% | 20.39% | 0.44x | 2.41x | $804.77 Million |
| 2020 | 21.74% | 19.67% | 0.47x | 2.35x | $847.92 Million |
| 2021 | 41.69% | 31.07% | 0.60x | 2.25x | $2.58 Billion |
| 2022 | 32.64% | 26.26% | 0.58x | 2.14x | $1.83 Billion |
| 2023 | 32.69% | 24.51% | 0.59x | 2.25x | $1.68 Billion |
| 2024 | 36.82% | 29.53% | 0.61x | 2.04x | $2.46 Billion |
| 2025 | 39.27% | 32.30% | 0.63x | 1.94x | $3.23 Billion |
Industry Comparison
This section compares Southern Copper Corporation's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $375,618,500
- Average return on equity (ROE) among peers: -20.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Southern Copper Corporation (SCCO) | $11.86 Billion | 17.78% | 0.85x | $153.06 Billion |
| COPRD (COPRD) | $-46.63K | 0.00% | 0.00x | $150.91 Million |
| Freeport-McMoran Copper & Gold Inc (FCX) | $1.23 Billion | 4.14% | 0.72x | $92.64 Billion |
| Ivanhoe Electric Inc. (IE) | $30.61 Million | -80.49% | 0.72x | $1.71 Billion |
| Metals Acquisition Limited (MTAL) | $244.52 Million | -5.43% | 0.11x | $841.90 Million |
About Southern Copper Corporation
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Mexico, the United States, Peru, Brazil, Chile, and Other American countries. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode c… Read more