Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., together with its subsidiaries, engages in the mining, beneficiation, and smelting of non-ferrous metals in China and internationally. Its product portfolio includes lead and zinc concentrates, copper concentrates, lead ingots, zinc ingots and zinc alloys, cathode copper, silver, gold, cadmium ingots, germanium ingots, indium ingots, industrial sulfuri… Read more
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) - Net Assets
Latest net assets as of June 2025: CN¥17.17 Billion CNY
Based on the latest financial reports, Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) has net assets worth CN¥17.17 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥48.31 Billion) and total liabilities (CN¥31.14 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 | CN¥17.17 Billion |
| % of Total Assets | 35.53% |
| Annual Growth Rate | 11.94% |
| 5-Year Change | 36.96% |
| 10-Year Change | 122.91% |
| Growth Volatility | 23.09 |
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Shenzhen Zhongjin Lingnan Nonfemet 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 Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (2000–2024)
The table below shows the annual net assets of Shenzhen Zhongjin Lingnan Nonfemet Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥17.59 Billion | +2.76% |
| 2023-12-31 | CN¥17.12 Billion | +11.90% |
| 2022-12-31 | CN¥15.30 Billion | +11.13% |
| 2021-12-31 | CN¥13.76 Billion | +7.18% |
| 2020-12-31 | CN¥12.84 Billion | +13.00% |
| 2019-12-31 | CN¥11.36 Billion | +6.04% |
| 2018-12-31 | CN¥10.72 Billion | +2.99% |
| 2017-12-31 | CN¥10.41 Billion | +26.65% |
| 2016-12-31 | CN¥8.22 Billion | +4.13% |
| 2015-12-31 | CN¥7.89 Billion | +20.87% |
| 2014-12-31 | CN¥6.53 Billion | +3.01% |
| 2013-12-31 | CN¥6.34 Billion | -10.66% |
| 2012-12-31 | CN¥7.09 Billion | +6.47% |
| 2011-12-31 | CN¥6.66 Billion | +18.39% |
| 2010-12-31 | CN¥5.63 Billion | +19.07% |
| 2009-12-31 | CN¥4.73 Billion | +18.88% |
| 2008-12-31 | CN¥3.98 Billion | +5.64% |
| 2007-12-31 | CN¥3.76 Billion | +13.20% |
| 2006-12-31 | CN¥3.32 Billion | +117.21% |
| 2005-12-31 | CN¥1.53 Billion | +15.58% |
| 2004-12-31 | CN¥1.32 Billion | +8.47% |
| 2003-12-31 | CN¥1.22 Billion | +4.94% |
| 2002-12-31 | CN¥1.16 Billion | +3.03% |
| 2001-12-31 | CN¥1.13 Billion | -3.72% |
| 2000-12-31 | CN¥1.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Zhongjin Lingnan Nonfemet 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 19764.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥8.43 Billion | 59.34% |
| Other Components | CN¥5.77 Billion | 40.66% |
| Total Equity | CN¥14.20 Billion | 100.00% |
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Zhongjin Lingnan Nonfemet Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Upstart Holdings Inc
NASDAQ:UPST
|
$2.38 Billion |
|
Dundee Precious Metals Inc
PINK:DPMLF
|
$2.38 Billion |
|
Alps Electric Co Ltd
PINK:APELY
|
$2.39 Billion |
|
The Cheesecake Factory
NASDAQ:CAKE
|
$2.39 Billion |
|
Julius Baer Group Ltd
PINK:JBAXY
|
$2.38 Billion |
|
Valiant Holding AG
SW:VATN
|
$2.38 Billion |
|
PennyMac Finl Svcs Inc
NYSE:PFSI
|
$2.38 Billion |
|
Catena AB
ST:CATE
|
$2.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Zhongjin Lingnan Nonfemet Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,315,565,967 to 14,200,254,240, a change of 884,688,273 (6.6%).
- Net income of 1,081,867,494 contributed positively to equity growth.
- Dividend payments of 693,297,655 reduced retained earnings.
- Other factors increased equity by 496,118,433.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.08 Billion | +7.62% |
| Dividends Paid | CN¥693.30 Million | -4.88% |
| Other Changes | CN¥496.12 Million | +3.49% |
| Total Change | CN¥- | 6.64% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Zhongjin Lingnan Nonfemet 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: 1.82x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.47x to 1.82x 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 | CN¥2.80 | CN¥6.91 | x |
| 2018-12-31 | CN¥2.89 | CN¥6.91 | x |
| 2019-12-31 | CN¥3.06 | CN¥6.91 | x |
| 2020-12-31 | CN¥3.42 | CN¥6.91 | x |
| 2021-12-31 | CN¥3.63 | CN¥6.91 | x |
| 2022-12-31 | CN¥3.95 | CN¥6.91 | x |
| 2023-12-31 | CN¥3.56 | CN¥6.91 | x |
| 2024-12-31 | CN¥3.80 | CN¥6.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Zhongjin Lingnan Nonfemet 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): 7.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.81%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 3.23x
- Recent ROE (7.62%) is below the historical average (10.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.94% | 4.57% | 0.62x | 4.20x | CN¥21.19 Million |
| 2001 | 2.98% | 1.11% | 0.60x | 4.48x | CN¥-72.91 Million |
| 2002 | 4.31% | 1.70% | 0.58x | 4.38x | CN¥-60.24 Million |
| 2003 | 5.37% | 2.12% | 0.59x | 4.30x | CN¥-51.82 Million |
| 2004 | 11.27% | 3.86% | 0.72x | 4.07x | CN¥15.48 Million |
| 2005 | 19.27% | 6.55% | 0.89x | 3.30x | CN¥133.44 Million |
| 2006 | 35.12% | 18.18% | 0.87x | 2.23x | CN¥811.57 Million |
| 2007 | 33.63% | 14.59% | 1.04x | 2.22x | CN¥846.38 Million |
| 2008 | 11.22% | 5.37% | 0.94x | 2.22x | CN¥43.57 Million |
| 2009 | 10.58% | 5.49% | 0.65x | 2.98x | CN¥22.78 Million |
| 2010 | 15.44% | 7.35% | 0.66x | 3.18x | CN¥249.12 Million |
| 2011 | 17.95% | 5.10% | 1.33x | 2.65x | CN¥420.94 Million |
| 2012 | 7.71% | 2.35% | 1.31x | 2.51x | CN¥-128.73 Million |
| 2013 | 6.92% | 1.96% | 1.46x | 2.42x | CN¥-183.46 Million |
| 2014 | 7.80% | 1.93% | 1.71x | 2.36x | CN¥-132.93 Million |
| 2015 | 2.74% | 1.19% | 1.07x | 2.16x | CN¥-533.52 Million |
| 2016 | 4.21% | 2.15% | 0.89x | 2.21x | CN¥-445.01 Million |
| 2017 | 10.67% | 5.63% | 1.01x | 1.89x | CN¥66.67 Million |
| 2018 | 8.91% | 4.61% | 1.02x | 1.89x | CN¥-112.49 Million |
| 2019 | 7.79% | 3.74% | 1.12x | 1.86x | CN¥-241.37 Million |
| 2020 | 8.15% | 3.29% | 1.24x | 2.00x | CN¥-225.15 Million |
| 2021 | 8.84% | 2.64% | 1.61x | 2.08x | CN¥-153.27 Million |
| 2022 | 8.22% | 2.19% | 1.70x | 2.21x | CN¥-263.36 Million |
| 2023 | 5.17% | 1.05% | 1.53x | 3.23x | CN¥-643.79 Million |
| 2024 | 7.62% | 1.81% | 1.31x | 3.23x | CN¥-338.16 Million |
Industry Comparison
This section compares Shenzhen Zhongjin Lingnan Nonfemet 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: $2,201,076,512
- Average return on equity (ROE) among peers: 5.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | CN¥17.17 Billion | 11.94% | 1.81x | $2.38 Billion |
| Shengda Mining Co Ltd (000603) | $116.05 Million | 17.12% | 0.71x | $2.08 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $9.17 Billion | 14.66% | 0.30x | $2.67 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $3.92 Billion | 0.56% | 0.99x | $11.36 Billion |
| Guocheng Mining Co Ltd (000688) | $-823.22 Million | 0.00% | 0.00x | $1.69 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $1.82 Billion | 3.47% | 3.47x | $885.40 Million |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $1.08 Billion | 7.44% | 0.44x | $1.27 Billion |
| Tibet Mineral Development Co Ltd (000762) | $2.60 Billion | 5.40% | 0.11x | $1.62 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $768.04 Million | 1.24% | 0.33x | $706.90 Million |
| Yunnan Tin Co Ltd (000960) | $1.16 Billion | 0.10% | 0.93x | $4.62 Billion |