Jiangxi Copper Company Limited
Jiangxi Copper Company Limited, together with its subsidiaries, engages in exploring, mining, ore dressing, smelting, refining, and processing of copper in Mainland China, Hong Kong, and internationally. The company's main products include copper cathode, gold, silver, sulphuric acid, copper rod, copper tube, copper foil, selenium, tellurium, rhenium, bismuth, etc. It is involved in the productio… Read more
Jiangxi Copper Company Limited (JIAXF) - Net Assets
Latest net assets as of March 2025: $89.96 Billion USD
Based on the latest financial reports, Jiangxi Copper Company Limited (JIAXF) has net assets worth $89.96 Billion USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($212.14 Billion) and total liabilities ($122.18 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 | $89.96 Billion |
| % of Total Assets | 42.41% |
| Annual Growth Rate | 12.85% |
| 5-Year Change | 31.32% |
| 10-Year Change | 83.56% |
| Growth Volatility | 14.55 |
Jiangxi Copper Company Limited - Net Assets Trend (1998–2024)
This chart illustrates how Jiangxi Copper 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 Jiangxi Copper Company Limited (1998–2024)
The table below shows the annual net assets of Jiangxi Copper Company Limited from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $87.80 Billion | +14.40% |
| 2023-12-31 | $76.75 Billion | -6.35% |
| 2022-12-31 | $81.95 Billion | +5.32% |
| 2021-12-31 | $77.81 Billion | +16.38% |
| 2020-12-31 | $66.86 Billion | +13.26% |
| 2019-12-31 | $59.03 Billion | +13.47% |
| 2018-12-31 | $52.03 Billion | +4.09% |
| 2017-12-31 | $49.98 Billion | +2.38% |
| 2016-12-31 | $48.82 Billion | +2.07% |
| 2015-12-31 | $47.83 Billion | +1.72% |
| 2014-12-31 | $47.03 Billion | +3.04% |
| 2013-12-31 | $45.64 Billion | +3.94% |
| 2012-12-31 | $43.91 Billion | +10.30% |
| 2011-12-31 | $39.81 Billion | +15.25% |
| 2010-12-31 | $34.54 Billion | +49.03% |
| 2009-12-31 | $23.18 Billion | +9.74% |
| 2008-12-31 | $21.12 Billion | +14.89% |
| 2007-12-31 | $18.38 Billion | +41.66% |
| 2006-12-31 | $12.98 Billion | +46.24% |
| 2005-12-31 | $8.87 Billion | +41.37% |
| 2004-12-31 | $6.28 Billion | +16.23% |
| 2003-12-31 | $5.40 Billion | +14.33% |
| 2002-12-31 | $4.72 Billion | +3.27% |
| 2001-12-31 | $4.57 Billion | +17.29% |
| 2000-12-31 | $3.90 Billion | +2.21% |
| 1999-12-31 | $3.82 Billion | +0.63% |
| 1998-12-31 | $3.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangxi Copper 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 22000.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $45.12 Billion | 57.89% |
| Common Stock | $3.46 Billion | 4.44% |
| Other Components | $29.36 Billion | 37.67% |
| Total Equity | $77.95 Billion | 100.00% |
Jiangxi Copper Company Limited Competitors by Market Cap
The table below lists competitors of Jiangxi Copper Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Brighthouse Financial Inc
NASDAQ:BHF
|
$3.36 Billion |
|
QuantumScape Corporation Class A Common Stock
NYSE:QS
|
$3.36 Billion |
|
Oscar Health Inc
NYSE:OSCR
|
$3.37 Billion |
|
Choice Hotels International Inc
NYSE:CHH
|
$3.37 Billion |
|
Axfood AB (publ)
F:AXL1
|
$3.36 Billion |
|
Herc Holdings Inc
NYSE:HRI
|
$3.36 Billion |
|
Adani Green Energy Limited
NSE:ADANIGREEN
|
$3.36 Billion |
|
Kulicke and Soffa Industries Inc
NASDAQ:KLIC
|
$3.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangxi Copper Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 67,422,048,424 to 77,945,429,075, a change of 10,523,380,651 (15.6%).
- Net income of 6,962,197,980 contributed positively to equity growth.
- Dividend payments of 4,714,933,416 reduced retained earnings.
- Other comprehensive income decreased equity by 601,029,945.
- Other factors increased equity by 8,877,146,032.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.96 Billion | +8.93% |
| Dividends Paid | $4.71 Billion | -6.05% |
| Other Comprehensive Income | $-601.03 Million | -0.77% |
| Other Changes | $8.88 Billion | +11.39% |
| Total Change | $- | 15.61% |
Book Value vs Market Value Analysis
This analysis compares Jiangxi Copper 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: 0.08x
- 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 1.41x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $1.29 | $1.83 | x |
| 1999-12-31 | $1.30 | $1.83 | x |
| 2000-12-31 | $1.33 | $1.83 | x |
| 2001-12-31 | $1.56 | $1.83 | x |
| 2002-12-31 | $1.59 | $1.83 | x |
| 2003-12-31 | $1.79 | $1.83 | x |
| 2004-12-31 | $2.08 | $1.83 | x |
| 2005-12-31 | $2.90 | $1.83 | x |
| 2006-12-31 | $4.29 | $1.83 | x |
| 2007-12-31 | $6.12 | $1.83 | x |
| 2008-12-31 | $6.90 | $1.83 | x |
| 2009-12-31 | $6.99 | $1.83 | x |
| 2010-12-31 | $10.29 | $1.83 | x |
| 2011-12-31 | $11.34 | $1.83 | x |
| 2012-12-31 | $12.40 | $1.83 | x |
| 2013-12-31 | $12.86 | $1.83 | x |
| 2014-12-31 | $13.16 | $1.83 | x |
| 2015-12-31 | $12.97 | $1.83 | x |
| 2016-12-31 | $13.61 | $1.83 | x |
| 2017-12-31 | $13.62 | $1.83 | x |
| 2018-12-31 | $14.44 | $1.83 | x |
| 2019-12-31 | $15.23 | $1.83 | x |
| 2020-12-31 | $17.30 | $1.83 | x |
| 2021-12-31 | $20.16 | $1.83 | x |
| 2022-12-31 | $21.23 | $1.83 | x |
| 2023-12-31 | $19.47 | $1.83 | x |
| 2024-12-31 | $22.58 | $1.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangxi Copper 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): 8.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.34%
- • Asset Turnover: 2.70x
- • Equity Multiplier: 2.48x
- Recent ROE (8.93%) is below the historical average (9.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 0.26% | 0.41% | 0.37x | 1.73x | $-369.11 Million |
| 1999 | 0.61% | 0.85% | 0.38x | 1.90x | $-358.29 Million |
| 2000 | 2.79% | 3.08% | 0.45x | 1.99x | $-281.22 Million |
| 2001 | 6.59% | 10.06% | 0.35x | 1.85x | $-155.85 Million |
| 2002 | 3.64% | 5.09% | 0.38x | 1.89x | $-296.73 Million |
| 2003 | 9.62% | 9.32% | 0.53x | 1.94x | $-19.92 Million |
| 2004 | 18.82% | 10.76% | 0.93x | 1.87x | $535.82 Million |
| 2005 | 21.77% | 13.88% | 1.02x | 1.54x | $1.00 Billion |
| 2006 | 36.70% | 18.12% | 1.36x | 1.49x | $3.35 Billion |
| 2007 | 22.78% | 9.98% | 1.38x | 1.66x | $2.32 Billion |
| 2008 | 11.01% | 4.23% | 1.58x | 1.65x | $209.87 Million |
| 2009 | 10.30% | 4.54% | 1.36x | 1.67x | $67.87 Million |
| 2010 | 14.38% | 6.42% | 1.39x | 1.61x | $1.49 Billion |
| 2011 | 16.66% | 5.57% | 1.73x | 1.73x | $2.62 Billion |
| 2012 | 12.18% | 3.29% | 2.03x | 1.82x | $933.88 Million |
| 2013 | 8.01% | 2.03% | 1.98x | 1.99x | $-887.27 Million |
| 2014 | 6.23% | 1.43% | 2.09x | 2.08x | $-1.72 Billion |
| 2015 | 1.39% | 0.34% | 2.07x | 1.96x | $-3.95 Billion |
| 2016 | 1.69% | 0.39% | 2.32x | 1.88x | $-3.87 Billion |
| 2017 | 3.37% | 0.78% | 2.10x | 2.05x | $-3.15 Billion |
| 2018 | 4.92% | 1.14% | 2.09x | 2.07x | $-2.53 Billion |
| 2019 | 4.68% | 1.03% | 1.78x | 2.56x | $-2.81 Billion |
| 2020 | 3.87% | 0.73% | 2.26x | 2.35x | $-3.67 Billion |
| 2021 | 8.07% | 1.27% | 2.75x | 2.31x | $-1.34 Billion |
| 2022 | 8.15% | 1.25% | 2.87x | 2.28x | $-1.36 Billion |
| 2023 | 9.65% | 1.25% | 3.10x | 2.49x | $-237.10 Million |
| 2024 | 8.93% | 1.34% | 2.70x | 2.48x | $-832.34 Million |
Industry Comparison
This section compares Jiangxi Copper Company Limited's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $772,452,903
- Average return on equity (ROE) among peers: -135.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi Copper Company Limited (JIAXF) | $89.96 Billion | 0.26% | 1.36x | $3.36 Billion |
| Atlas Consolidated Mining and Development Corporation (ACMDY) | $5.76 Billion | -13.16% | 2.06x | $240.13 Million |
| Antofagasta PLC (ANFGF) | $1.28 Billion | 7.59% | 0.93x | $6.24 Billion |
| Trinity One Metals Ltd. (ARJNF) | $-188.82K | 0.00% | 0.00x | $100.13K |
| Amerigo Resources Ltd. (ARREF) | $132.68 Million | 0.00% | 0.55x | $151.75 Million |
| Arizona Sonoran Copper Company Inc. (ASCUF) | $44.08 Million | -29.63% | 0.23x | $218.14 Million |
| Alta Copper Corp. (ATCUF) | $62.65 Million | -1.27% | 0.02x | $17.41 Million |
| Atalaya Mining Plc (ATLMF) | $435.90 Million | 30.66% | 0.34x | $433.10 Million |
| Bell Copper Corporation (BCUFF) | $9.40 Million | -12.90% | 0.16x | $2.22 Million |
| Giant Mining Corp. (BFGFF) | $824.41K | -253.66% | 0.31x | $18.49 Million |
| Blue River Resources Ltd (BRVRF) | $145.98K | -1083.66% | 2.72x | $704.59K |