Zhongrun Resources Investment

SHE:000506 China Other Precious Metals & Mining
Market Cap
$2.29 Billion
CN¥16.77 Billion CNY
Market Cap Rank
#5759 Global
#787 in China
Share Price
CN¥18.05
Change (1 day)
+4.94%
52-Week Range
CN¥5.11 - CN¥28.52
All Time High
CN¥28.52
Categories
Companies in China Other Precious Metals & Mining
About

Zhaojin International Gold Co., Ltd., together with its subsidiaries, engages in the exploration, mining, smelting, and sales of gold products in China. It also explores mineral resource, as well as develops and leases real estate properties. The company was formerly known as Zhongrun Resources Investment Corporation and change its name to Zhaojin International Gold Co., Ltd. in July 2025. Zhaoji… Read more

Zhongrun Resources Investment (000506) - Net Assets

Latest net assets as of September 2025: CN¥652.20 Million CNY

Based on the latest financial reports, Zhongrun Resources Investment (000506) has net assets worth CN¥652.20 Million CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.43 Billion) and total liabilities (CN¥782.49 Million). 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¥652.20 Million
% of Total Assets 45.46%
Annual Growth Rate 5.28%
5-Year Change 98.96%
10-Year Change -25.96%
Growth Volatility 45.52

Zhongrun Resources Investment - Net Assets Trend (1992–2024)

This chart illustrates how Zhongrun Resources Investment's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Zhongrun Resources Investment (1992–2024)

The table below shows the annual net assets of Zhongrun Resources Investment from 1992 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.14 Billion -12.14%
2023-12-31 CN¥1.30 Billion +93.26%
2022-12-31 CN¥672.14 Million +67.39%
2021-12-31 CN¥401.54 Million -30.00%
2020-12-31 CN¥573.64 Million -47.56%
2019-12-31 CN¥1.09 Billion -1.85%
2018-12-31 CN¥1.11 Billion +3.35%
2017-12-31 CN¥1.08 Billion -31.63%
2016-12-31 CN¥1.58 Billion +2.33%
2015-12-31 CN¥1.54 Billion +0.28%
2014-12-31 CN¥1.54 Billion -17.33%
2013-12-31 CN¥1.86 Billion +17.28%
2012-12-31 CN¥1.59 Billion +24.02%
2011-12-31 CN¥1.28 Billion +30.86%
2010-12-31 CN¥976.98 Million +40.78%
2009-12-31 CN¥693.95 Million +52.05%
2008-12-31 CN¥456.39 Million +388.00%
2007-12-31 CN¥-158.47 Million +18.85%
2006-12-31 CN¥-195.27 Million -169.00%
2005-12-31 CN¥283.00 Million -34.74%
2004-12-31 CN¥433.66 Million +11.81%
2003-12-31 CN¥387.86 Million +25.64%
2002-12-31 CN¥308.71 Million -7.83%
2001-12-31 CN¥334.91 Million +19.89%
2000-12-31 CN¥279.34 Million +11.72%
1999-12-31 CN¥250.05 Million -8.88%
1998-12-31 CN¥274.41 Million +11.34%
1997-12-31 CN¥246.47 Million +16.93%
1996-12-31 CN¥210.80 Million -40.90%
1995-12-31 CN¥356.66 Million -10.19%
1994-12-31 CN¥397.14 Million +6.04%
1993-12-31 CN¥374.52 Million +70.18%
1992-12-31 CN¥220.08 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhongrun Resources Investment'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 decreased by 51668207100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥929.02 Million 175.48%
Other Comprehensive Income CN¥65.81 Million 12.43%
Other Components CN¥51.26 Million 9.68%
Total Equity CN¥529.41 Million 100.00%

Zhongrun Resources Investment Competitors by Market Cap

The table below lists competitors of Zhongrun Resources Investment ranked by their market capitalization.

Company Market Cap
Stellar Bancorp, Inc.
NYSE:STEL
 		$1.53 Billion
Skshu Paint Co Ltd
SHG:603737
 		$1.53 Billion
Netwealth Group Ltd
AU:NWL
 		$1.53 Billion
Avicopter PLC
SHG:600038
 		$1.53 Billion
Landis+Gyr Group AG
OTCGREY:LGYRF
 		$1.53 Billion
ISA ENERGIA BRASIL
SA:ISAE3
 		$1.53 Billion
Co-Tech Development
TWO:8358
 		$1.53 Billion
Innoviva Inc
NASDAQ:INVA
 		$1.53 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhongrun Resources Investment's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 696,792,825 to 529,407,519, a change of -167,385,306 (-24.0%).
  • Net loss of 127,428,013 reduced equity.
  • Dividend payments of 4,245,601 reduced retained earnings.
  • Other comprehensive income increased equity by 61,287,356.
  • Other factors decreased equity by 96,999,048.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-127.43 Million -24.07%
Dividends Paid CN¥4.25 Million -0.8%
Other Comprehensive Income CN¥61.29 Million +11.58%
Other Changes CN¥-97.00 Million -18.32%
Total Change CN¥- -24.02%

Book Value vs Market Value Analysis

This analysis compares Zhongrun Resources Investment'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: 31.03x
  • 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 42.79x to 31.03x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1991-12-31 CN¥0.42 CN¥18.05 x
1992-12-31 CN¥0.74 CN¥18.05 x
1993-12-31 CN¥1.25 CN¥18.05 x
1994-12-31 CN¥1.32 CN¥18.05 x
1995-12-31 CN¥1.18 CN¥18.05 x
1996-12-31 CN¥0.70 CN¥18.05 x
1997-12-31 CN¥0.81 CN¥18.05 x
1998-12-31 CN¥0.91 CN¥18.05 x
1999-12-31 CN¥0.84 CN¥18.05 x
2000-12-31 CN¥0.93 CN¥18.05 x
2001-12-31 CN¥1.02 CN¥18.05 x
2002-12-31 CN¥1.02 CN¥18.05 x
2003-12-31 CN¥1.04 CN¥18.05 x
2004-12-31 CN¥1.11 CN¥18.05 x
2005-12-31 CN¥0.72 CN¥18.05 x
2006-12-31 CN¥-0.64 CN¥18.05 x
2007-12-31 CN¥-0.53 CN¥18.05 x
2008-12-31 CN¥0.49 CN¥18.05 x
2009-12-31 CN¥0.75 CN¥18.05 x
2010-12-31 CN¥1.05 CN¥18.05 x
2011-12-31 CN¥1.29 CN¥18.05 x
2012-12-31 CN¥1.63 CN¥18.05 x
2013-12-31 CN¥1.79 CN¥18.05 x
2014-12-31 CN¥1.52 CN¥18.05 x
2015-12-31 CN¥1.55 CN¥18.05 x
2016-12-31 CN¥1.60 CN¥18.05 x
2017-12-31 CN¥1.09 CN¥18.05 x
2018-12-31 CN¥1.13 CN¥18.05 x
2019-12-31 CN¥1.13 CN¥18.05 x
2020-12-31 CN¥0.58 CN¥18.05 x
2021-12-31 CN¥0.40 CN¥18.05 x
2022-12-31 CN¥0.69 CN¥18.05 x
2023-12-31 CN¥0.75 CN¥18.05 x
2024-12-31 CN¥0.58 CN¥18.05 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhongrun Resources Investment 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): -24.07%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -38.24%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 4.77x
  • Recent ROE (-24.07%) is below the historical average (-1.66%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1991 12.39% 11.50% 0.36x 3.02x CN¥3.02 Million
1992 8.76% 14.11% 0.27x 2.27x CN¥-2.73 Million
1993 9.73% 15.29% 0.35x 1.82x CN¥-1.00 Million
1994 8.74% 15.29% 0.27x 2.13x CN¥-4.95 Million
1995 -20.77% -31.64% 0.27x 2.39x CN¥-108.86 Million
1996 -70.20% -69.65% 0.25x 4.00x CN¥-166.69 Million
1997 12.48% 12.21% 0.28x 3.68x CN¥6.03 Million
1998 10.26% 18.03% 0.17x 3.31x CN¥696.13K
1999 9.65% 24.53% 0.17x 2.34x CN¥-866.71K
2000 9.20% 9.42% 0.37x 2.63x CN¥-2.21 Million
2001 9.68% 8.56% 0.50x 2.28x CN¥-963.86K
2002 5.90% 4.85% 0.54x 2.24x CN¥-12.50 Million
2003 10.49% 10.41% 0.36x 2.79x CN¥1.54 Million
2004 -11.37% -18.07% 0.22x 2.86x CN¥-70.87 Million
2005 -53.66% -211.00% 0.07x 3.65x CN¥-137.41 Million
2006 0.00% -5232.09% 36.02x 0.00x CN¥-400.50 Million
2007 0.00% 23.23% 358.77x 0.00x CN¥177.75 Million
2008 43.80% 22.30% 0.28x 7.06x CN¥154.25 Million
2009 34.23% 23.59% 0.29x 5.05x CN¥168.17 Million
2010 28.97% 23.65% 0.22x 5.63x CN¥185.33 Million
2011 18.60% 16.82% 0.22x 5.00x CN¥103.22 Million
2012 20.99% 29.73% 0.21x 3.39x CN¥166.62 Million
2013 11.63% 21.34% 0.27x 2.03x CN¥27.19 Million
2014 -15.34% -60.64% 0.11x 2.25x CN¥-357.74 Million
2015 1.51% 1.57% 0.43x 2.26x CN¥-121.79 Million
2016 0.60% 1.08% 0.25x 2.19x CN¥-138.88 Million
2017 -44.49% -58.40% 0.30x 2.52x CN¥-550.09 Million
2018 4.01% 8.50% 0.20x 2.41x CN¥-63.06 Million
2019 -1.74% -3.53% 0.20x 2.50x CN¥-122.99 Million
2020 -92.18% -115.95% 0.18x 4.35x CN¥-546.32 Million
2021 -34.46% -14.24% 0.54x 4.51x CN¥-166.57 Million
2022 39.39% 91.29% 0.16x 2.67x CN¥188.77 Million
2023 0.96% 2.35% 0.12x 3.30x CN¥-63.01 Million
2024 -24.07% -38.24% 0.13x 4.77x CN¥-180.37 Million

Industry Comparison

This section compares Zhongrun Resources Investment's net assets metrics with peer companies in the Other Precious Metals & Mining industry.

Industry Context

  • Industry: Other Precious Metals & Mining
  • Average net assets among peers: $5,742,231,549
  • Average return on equity (ROE) among peers: 8.66%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhongrun Resources Investment (000506) CN¥652.20 Million 12.39% 1.20x $1.53 Billion
Yintai Resources Co Ltd (000975) $12.34 Billion 10.32% 0.29x $6.84 Billion
Henan Huanghe Whirlwind Co Ltd (600172) $4.78 Billion 1.08% 1.18x $1.54 Billion
Sino-Platinum Metals Co Ltd (600459) $107.11 Million 14.57% 0.94x $1.31 Billion