Zhongrun Resources Investment (000506) - Net Assets
Based on the latest financial reports, Zhongrun Resources Investment (000506) has net assets worth CN¥924.72 Million CNY (≈ $135.32 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.47 Billion ≈ $215.09 Million USD) and total liabilities (CN¥545.14 Million ≈ $79.77 Million USD). 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 Zhongrun Resources Investment tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥924.72 Million |
| % of Total Assets | 62.91% |
| Annual Growth Rate | 3.7% |
| 5-Year Change | 82.0% |
| 10-Year Change | -53.67% |
| Growth Volatility | 45.31 |
Zhongrun Resources Investment - Net Assets Trend (1992–2025)
This chart illustrates how Zhongrun Resources Investment's net assets have evolved over time, based on quarterly financial data. See 000506 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhongrun Resources Investment (1992–2025)
The table below shows the annual net assets of Zhongrun Resources Investment from 1992 to 2025. For live valuation and market cap data, see Zhongrun Resources Investment stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥730.78 Million ≈ $106.94 Million |
-35.97% |
| 2024-12-31 | CN¥1.14 Billion ≈ $167.01 Million |
-12.14% |
| 2023-12-31 | CN¥1.30 Billion ≈ $190.09 Million |
+93.26% |
| 2022-12-31 | CN¥672.14 Million ≈ $98.36 Million |
+67.39% |
| 2021-12-31 | CN¥401.54 Million ≈ $58.76 Million |
-30.00% |
| 2020-12-31 | CN¥573.64 Million ≈ $83.94 Million |
-47.56% |
| 2019-12-31 | CN¥1.09 Billion ≈ $160.08 Million |
-1.85% |
| 2018-12-31 | CN¥1.11 Billion ≈ $163.10 Million |
+3.35% |
| 2017-12-31 | CN¥1.08 Billion ≈ $157.82 Million |
-31.63% |
| 2016-12-31 | CN¥1.58 Billion ≈ $230.81 Million |
+2.33% |
| 2015-12-31 | CN¥1.54 Billion ≈ $225.56 Million |
+0.28% |
| 2014-12-31 | CN¥1.54 Billion ≈ $224.94 Million |
-17.33% |
| 2013-12-31 | CN¥1.86 Billion ≈ $272.10 Million |
+17.28% |
| 2012-12-31 | CN¥1.59 Billion ≈ $232.01 Million |
+24.02% |
| 2011-12-31 | CN¥1.28 Billion ≈ $187.08 Million |
+30.86% |
| 2010-12-31 | CN¥976.98 Million ≈ $142.96 Million |
+40.78% |
| 2009-12-31 | CN¥693.95 Million ≈ $101.55 Million |
+52.05% |
| 2008-12-31 | CN¥456.39 Million ≈ $66.78 Million |
+388.00% |
| 2007-12-31 | CN¥-158.47 Million ≈ $-23.19 Million |
+18.85% |
| 2006-12-31 | CN¥-195.27 Million ≈ $-28.57 Million |
-169.00% |
| 2005-12-31 | CN¥283.00 Million ≈ $41.41 Million |
-34.74% |
| 2004-12-31 | CN¥433.66 Million ≈ $63.46 Million |
+11.81% |
| 2003-12-31 | CN¥387.86 Million ≈ $56.76 Million |
+25.64% |
| 2002-12-31 | CN¥308.71 Million ≈ $45.17 Million |
-7.83% |
| 2001-12-31 | CN¥334.91 Million ≈ $49.01 Million |
+19.89% |
| 2000-12-31 | CN¥279.34 Million ≈ $40.88 Million |
+11.72% |
| 1999-12-31 | CN¥250.05 Million ≈ $36.59 Million |
-8.88% |
| 1998-12-31 | CN¥274.41 Million ≈ $40.16 Million |
+11.34% |
| 1997-12-31 | CN¥246.47 Million ≈ $36.07 Million |
+16.93% |
| 1996-12-31 | CN¥210.80 Million ≈ $30.85 Million |
-40.90% |
| 1995-12-31 | CN¥356.66 Million ≈ $52.19 Million |
-10.19% |
| 1994-12-31 | CN¥397.14 Million ≈ $58.11 Million |
+6.04% |
| 1993-12-31 | CN¥374.52 Million ≈ $54.80 Million |
+70.18% |
| 1992-12-31 | CN¥220.08 Million ≈ $32.20 Million |
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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 35782444602.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.06 Billion | 151.20% |
| Total Equity | CN¥698.85 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 |
|---|---|
|
Alupar Investimento SA
SA:ALUP11
|
$2.07 Billion |
|
KEYMED BIOSCIENCES -0001
F:64Z
|
$2.07 Billion |
|
Shandong Iron and Steel Co Ltd
SHG:600022
|
$2.07 Billion |
|
EIH Limited
NSE:EIHOTEL
|
$2.07 Billion |
|
Capri Holdings Ltd
NYSE:CPRI
|
$2.07 Billion |
|
Y.H. Dimri Construction & Development Ltd
TA:DIMRI
|
$2.07 Billion |
|
Worthington Steel Inc
NYSE:WS
|
$2.07 Billion |
|
Fujian Cosunter Pharmaceutical Co Ltd
SHE:300436
|
$2.06 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 2024 to 2025, total equity changed from 529,407,519 to 698,848,705, a change of 169,441,186 (32.0%).
- Net income of 158,857,625 contributed positively to equity growth.
- Dividend payments of 8,461,357 reduced retained earnings.
- Other comprehensive income decreased equity by 65,812,295.
- Other factors increased equity by 84,857,213.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥158.86 Million | +22.73% |
| Dividends Paid | CN¥8.46 Million | -1.21% |
| Other Comprehensive Income | CN¥-65.81 Million | -9.42% |
| Other Changes | CN¥84.86 Million | +12.14% |
| Total Change | CN¥- | 32.01% |
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: 20.21x
- 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 36.04x to 20.21x 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¥15.20 | x |
| 1992-12-31 | CN¥0.74 | CN¥15.20 | x |
| 1993-12-31 | CN¥1.25 | CN¥15.20 | x |
| 1994-12-31 | CN¥1.32 | CN¥15.20 | x |
| 1995-12-31 | CN¥1.18 | CN¥15.20 | x |
| 1996-12-31 | CN¥0.70 | CN¥15.20 | x |
| 1997-12-31 | CN¥0.81 | CN¥15.20 | x |
| 1998-12-31 | CN¥0.91 | CN¥15.20 | x |
| 1999-12-31 | CN¥0.84 | CN¥15.20 | x |
| 2000-12-31 | CN¥0.93 | CN¥15.20 | x |
| 2001-12-31 | CN¥1.02 | CN¥15.20 | x |
| 2002-12-31 | CN¥1.02 | CN¥15.20 | x |
| 2003-12-31 | CN¥1.04 | CN¥15.20 | x |
| 2004-12-31 | CN¥1.11 | CN¥15.20 | x |
| 2005-12-31 | CN¥0.72 | CN¥15.20 | x |
| 2006-12-31 | CN¥-0.64 | CN¥15.20 | x |
| 2007-12-31 | CN¥-0.53 | CN¥15.20 | x |
| 2008-12-31 | CN¥0.49 | CN¥15.20 | x |
| 2009-12-31 | CN¥0.75 | CN¥15.20 | x |
| 2010-12-31 | CN¥1.05 | CN¥15.20 | x |
| 2011-12-31 | CN¥1.29 | CN¥15.20 | x |
| 2012-12-31 | CN¥1.63 | CN¥15.20 | x |
| 2013-12-31 | CN¥1.79 | CN¥15.20 | x |
| 2014-12-31 | CN¥1.52 | CN¥15.20 | x |
| 2015-12-31 | CN¥1.55 | CN¥15.20 | x |
| 2016-12-31 | CN¥1.60 | CN¥15.20 | x |
| 2017-12-31 | CN¥1.09 | CN¥15.20 | x |
| 2018-12-31 | CN¥1.13 | CN¥15.20 | x |
| 2019-12-31 | CN¥1.13 | CN¥15.20 | x |
| 2020-12-31 | CN¥0.58 | CN¥15.20 | x |
| 2021-12-31 | CN¥0.40 | CN¥15.20 | x |
| 2022-12-31 | CN¥0.69 | CN¥15.20 | x |
| 2023-12-31 | CN¥1.04 | CN¥15.20 | x |
| 2024-12-31 | CN¥0.58 | CN¥15.20 | x |
| 2025-12-31 | CN¥0.75 | CN¥15.20 | 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): 22.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.15%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.07x
- Recent ROE (22.73%) is above the historical average (-0.96%), indicating improving 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 |
| 2025 | 22.73% | 30.15% | 0.36x | 2.07x | CN¥88.97 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: $5,287,265,477
- Average return on equity (ROE) among peers: 4.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhongrun Resources Investment (000506) | CN¥924.72 Million | 12.39% | 0.59x | $2.07 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $4.49 Billion | 2.28% | 1.45x | $2.45 Billion |
| Yintai Resources Co Ltd (000975) | $9.39 Billion | 7.05% | 0.14x | $8.80 Billion |
| Henan Huanghe Whirlwind Co Ltd (600172) | $3.26 Billion | 1.32% | 2.28x | $2.72 Billion |
| Sino-Platinum Metals Co Ltd (600459) | $4.00 Billion | 8.27% | 1.77x | $3.33 Billion |
About Zhongrun Resources Investment
Zhaojin International Gold Co., Ltd., together with its subsidiaries, engages in the exploration, mining, smelting, and sales of gold products in China. It is also involved in mineral resources, ore mining and processing, and mineral product sales business, as well as develops and leases real estate properties. The company was formerly known as Zhongrun Resources Investment Corporation and chang… Read more