Shengda Mining Co Ltd (000603) - Net Assets
Based on the latest financial reports, Shengda Mining Co Ltd (000603) has net assets worth CN¥4.49 Billion CNY (≈ $657.70 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¥8.53 Billion ≈ $1.25 Billion USD) and total liabilities (CN¥4.04 Billion ≈ $591.11 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. Also explore balance sheet size of Shengda Mining Co Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.49 Billion |
| % of Total Assets | 52.67% |
| Annual Growth Rate | 13.66% |
| 5-Year Change | 25.64% |
| 10-Year Change | 49.37% |
| Growth Volatility | 100.61 |
Shengda Mining Co Ltd - Net Assets Trend (1995–2025)
This chart illustrates how Shengda Mining Co Ltd's net assets have evolved over time, based on quarterly financial data. Check how tangible is Shengda Mining Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Shengda Mining Co Ltd (1995–2025)
The table below shows the annual net assets of Shengda Mining Co Ltd from 1995 to 2025. For live valuation and market cap data, see market value of Shengda Mining Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.95 Billion ≈ $578.47 Million |
+10.82% |
| 2024-12-31 | CN¥3.57 Billion ≈ $521.99 Million |
-8.73% |
| 2023-12-31 | CN¥3.91 Billion ≈ $571.94 Million |
+10.53% |
| 2022-12-31 | CN¥3.54 Billion ≈ $517.45 Million |
+12.39% |
| 2021-12-31 | CN¥3.15 Billion ≈ $460.42 Million |
+19.90% |
| 2020-12-31 | CN¥2.62 Billion ≈ $384.00 Million |
-1.45% |
| 2019-12-31 | CN¥2.66 Billion ≈ $389.65 Million |
+23.91% |
| 2018-12-31 | CN¥2.15 Billion ≈ $314.47 Million |
-26.69% |
| 2017-12-31 | CN¥2.93 Billion ≈ $428.95 Million |
+10.76% |
| 2016-12-31 | CN¥2.65 Billion ≈ $387.28 Million |
+119.13% |
| 2015-12-31 | CN¥1.21 Billion ≈ $176.74 Million |
+48.98% |
| 2014-12-31 | CN¥810.71 Million ≈ $118.63 Million |
+53.82% |
| 2013-12-31 | CN¥527.06 Million ≈ $77.13 Million |
-33.54% |
| 2012-12-31 | CN¥793.00 Million ≈ $116.04 Million |
+13.91% |
| 2011-12-31 | CN¥696.14 Million ≈ $101.87 Million |
+55.89% |
| 2010-12-31 | CN¥446.57 Million ≈ $65.35 Million |
+513.67% |
| 2009-12-31 | CN¥72.77 Million ≈ $10.65 Million |
-4.66% |
| 2008-12-31 | CN¥76.32 Million ≈ $11.17 Million |
+0.01% |
| 2007-12-31 | CN¥76.32 Million ≈ $11.17 Million |
+19.43% |
| 2006-12-31 | CN¥63.90 Million ≈ $9.35 Million |
-7.44% |
| 2005-12-31 | CN¥69.04 Million ≈ $10.10 Million |
-25.97% |
| 2004-12-31 | CN¥93.26 Million ≈ $13.65 Million |
-20.35% |
| 2003-12-31 | CN¥117.09 Million ≈ $17.13 Million |
+0.90% |
| 2002-12-31 | CN¥116.05 Million ≈ $16.98 Million |
+122.15% |
| 2001-12-31 | CN¥52.24 Million ≈ $7.64 Million |
-56.24% |
| 2000-12-31 | CN¥119.38 Million ≈ $17.47 Million |
-9.25% |
| 1999-12-31 | CN¥131.54 Million ≈ $19.25 Million |
-3.42% |
| 1998-12-31 | CN¥136.20 Million ≈ $19.93 Million |
-43.26% |
| 1997-12-31 | CN¥240.06 Million ≈ $35.13 Million |
+13.21% |
| 1996-12-31 | CN¥212.05 Million ≈ $31.03 Million |
+150.04% |
| 1995-12-31 | CN¥84.81 Million ≈ $12.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shengda Mining 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 21005.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.64 Billion | 104.21% |
| Total Equity | CN¥3.49 Billion | 100.00% |
Shengda Mining Co Ltd Competitors by Market Cap
The table below lists competitors of Shengda Mining Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Leadshine Technology Co Ltd
SHE:002979
|
$2.60 Billion |
|
Shenzhen Senior Technology Material Co Ltd
SHE:300568
|
$2.60 Billion |
|
Comet Holding AG
SW:COTN
|
$2.60 Billion |
|
Thule Group AB
ST:THULE
|
$2.60 Billion |
|
KIOCL Limited
NSE:KIOCL
|
$2.60 Billion |
|
COL Digital Publishing Group Co Ltd
SHE:300364
|
$2.59 Billion |
|
NIB Holdings Ltd
AU:NHF
|
$2.59 Billion |
|
Ratch Group Public Company Limited
BK:RATCH
|
$2.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shengda Mining Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,043,161,435 to 3,494,610,589, a change of 451,449,154 (14.8%).
- Net income of 532,455,212 contributed positively to equity growth.
- Dividend payments of 136,574,088 reduced retained earnings.
- Other comprehensive income increased equity by 271,843,551.
- Other factors decreased equity by 216,275,521.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥532.46 Million | +15.24% |
| Dividends Paid | CN¥136.57 Million | -3.91% |
| Other Comprehensive Income | CN¥271.84 Million | +7.78% |
| Other Changes | CN¥-216.28 Million | -6.19% |
| Total Change | CN¥- | 14.83% |
Book Value vs Market Value Analysis
This analysis compares Shengda Mining 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: 5.08x
- 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 42.63x to 5.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.60 | CN¥25.72 | x |
| 1996-12-31 | CN¥1.53 | CN¥25.72 | x |
| 1997-12-31 | CN¥1.72 | CN¥25.72 | x |
| 1998-12-31 | CN¥0.99 | CN¥25.72 | x |
| 1999-12-31 | CN¥0.97 | CN¥25.72 | x |
| 2000-12-31 | CN¥0.89 | CN¥25.72 | x |
| 2001-12-31 | CN¥0.39 | CN¥25.72 | x |
| 2002-12-31 | CN¥0.87 | CN¥25.72 | x |
| 2003-12-31 | CN¥0.88 | CN¥25.72 | x |
| 2004-12-31 | CN¥0.71 | CN¥25.72 | x |
| 2005-12-31 | CN¥0.53 | CN¥25.72 | x |
| 2006-12-31 | CN¥0.53 | CN¥25.72 | x |
| 2007-12-31 | CN¥0.52 | CN¥25.72 | x |
| 2008-12-31 | CN¥0.45 | CN¥25.72 | x |
| 2009-12-31 | CN¥0.60 | CN¥25.72 | x |
| 2010-12-31 | CN¥0.77 | CN¥25.72 | x |
| 2011-12-31 | CN¥1.46 | CN¥25.72 | x |
| 2012-12-31 | CN¥1.35 | CN¥25.72 | x |
| 2013-12-31 | CN¥0.91 | CN¥25.72 | x |
| 2014-12-31 | CN¥1.39 | CN¥25.72 | x |
| 2015-12-31 | CN¥1.54 | CN¥25.72 | x |
| 2016-12-31 | CN¥3.49 | CN¥25.72 | x |
| 2017-12-31 | CN¥3.86 | CN¥25.72 | x |
| 2018-12-31 | CN¥2.65 | CN¥25.72 | x |
| 2019-12-31 | CN¥3.26 | CN¥25.72 | x |
| 2020-12-31 | CN¥3.22 | CN¥25.72 | x |
| 2021-12-31 | CN¥3.79 | CN¥25.72 | x |
| 2022-12-31 | CN¥4.31 | CN¥25.72 | x |
| 2023-12-31 | CN¥4.44 | CN¥25.72 | x |
| 2024-12-31 | CN¥4.41 | CN¥25.72 | x |
| 2025-12-31 | CN¥5.06 | CN¥25.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shengda Mining 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): 15.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.63%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 2.04x
- Recent ROE (15.24%) is above the historical average (5.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 20.92% | 20.84% | 0.42x | 2.36x | CN¥8.81 Million |
| 1996 | 13.73% | 27.65% | 0.33x | 1.53x | CN¥7.64 Million |
| 1997 | 11.26% | 25.63% | 0.30x | 1.48x | CN¥2.90 Million |
| 1998 | -73.02% | -461.12% | 0.08x | 2.08x | CN¥-110.08 Million |
| 1999 | 0.93% | 3.59% | 0.13x | 2.06x | CN¥-11.71 Million |
| 2000 | 1.78% | 6.18% | 0.15x | 1.93x | CN¥-9.81 Million |
| 2001 | -146.21% | -485.77% | 0.09x | 3.33x | CN¥-81.38 Million |
| 2002 | 17.12% | 79.22% | 0.13x | 1.71x | CN¥8.26 Million |
| 2003 | 1.01% | 3.88% | 0.15x | 1.71x | CN¥-10.53 Million |
| 2004 | -22.54% | -121.51% | 0.09x | 2.08x | CN¥-30.93 Million |
| 2005 | -23.18% | -30.68% | 0.34x | 2.25x | CN¥-23.73 Million |
| 2006 | 20.69% | 18.78% | 0.44x | 2.49x | CN¥6.70 Million |
| 2007 | 1.03% | 8.56% | 0.06x | 2.16x | CN¥-6.85 Million |
| 2008 | -4.46% | -21.54% | 0.10x | 2.11x | CN¥-11.04 Million |
| 2009 | -5.02% | -36.56% | 0.06x | 2.36x | CN¥-10.93 Million |
| 2010 | 1.15% | 17.61% | 0.03x | 2.59x | CN¥-24.88 Million |
| 2011 | 60.42% | 37.29% | 0.90x | 1.81x | CN¥293.09 Million |
| 2012 | 50.56% | 37.30% | 0.88x | 1.54x | CN¥276.15 Million |
| 2013 | 62.67% | 34.38% | 1.08x | 1.69x | CN¥243.59 Million |
| 2014 | 33.76% | 31.87% | 0.66x | 1.61x | CN¥166.25 Million |
| 2015 | 22.76% | 30.68% | 0.50x | 1.49x | CN¥141.83 Million |
| 2016 | 8.03% | 29.44% | 0.24x | 1.13x | CN¥-49.50 Million |
| 2017 | 12.17% | 24.20% | 0.32x | 1.59x | CN¥57.63 Million |
| 2018 | 22.65% | 17.14% | 0.65x | 2.04x | CN¥229.97 Million |
| 2019 | 19.92% | 15.46% | 0.67x | 1.93x | CN¥223.36 Million |
| 2020 | 13.07% | 17.74% | 0.35x | 2.09x | CN¥68.21 Million |
| 2021 | 16.14% | 25.74% | 0.31x | 2.04x | CN¥160.47 Million |
| 2022 | 12.25% | 19.40% | 0.35x | 1.81x | CN¥66.91 Million |
| 2023 | 4.73% | 6.57% | 0.34x | 2.10x | CN¥-164.60 Million |
| 2024 | 12.82% | 19.37% | 0.30x | 2.17x | CN¥85.72 Million |
| 2025 | 15.24% | 21.63% | 0.35x | 2.04x | CN¥182.99 Million |
Industry Comparison
This section compares Shengda Mining 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: $2,396,114,396
- Average return on equity (ROE) among peers: 13.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shengda Mining Co Ltd (000603) | CN¥4.49 Billion | 20.92% | 0.90x | $2.60 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $1.53 Billion | 18.12% | 2.10x | $3.93 Billion |
| Inner Mongolia Xingye Mining Co Ltd (000426) | $6.59 Billion | 14.72% | 0.68x | $8.14 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $8.19 Billion | 37.74% | 0.53x | $4.24 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $734.12 Million | 2.85% | 0.80x | $16.00 Billion |
| Guocheng Mining Co Ltd (000688) | $1.04 Billion | 2.34% | 0.72x | $4.93 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $2.65 Billion | 3.66% | 0.62x | $1.07 Billion |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $120.74 Million | 49.74% | 2.09x | $1.76 Billion |
| Tibet Mineral Development Co Ltd (000762) | $451.19 Million | -13.05% | 0.45x | $1.77 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $255.88 Million | 3.94% | 4.58x | $1.41 Billion |
About Shengda Mining Co Ltd
Shengda Resources Co.,Ltd., through its subsidiaries, engages in the mining development, resource trading, and investment management businesses in China. The company explores and develops for precious and non-ferrous metals. It primarily mines for lead, zinc, gold, copper, and silver. The company was formerly known as Shengda Mining Co., Ltd. and changed its name to Shengda Resources Co.,Ltd. in … Read more