Jiaozuo Wanfang Aluminum

SHE:000612 China Aluminum
Market Cap
$2.13 Billion
CN¥15.59 Billion CNY
Market Cap Rank
#5710 Global
#773 in China
Share Price
CN¥13.08
Change (1 day)
-3.25%
52-Week Range
CN¥6.32 - CN¥15.14
All Time High
CN¥15.14
About

JiaoZuo WanFang Aluminum Manufacturing Co., Ltd engages in smelting and processing aluminum products in China. The company provides electrolytic aluminum liquid, aluminum ingots, and aluminum alloy products. It also involved in the sale of aluminum products and metal materials; commodity trading; waste treatment; heating and water supply; and gas supply, as well as thermal power business. Its pro… Read more

Jiaozuo Wanfang Aluminum (000612) - Net Assets

Latest net assets as of September 2025: CN¥6.99 Billion CNY

Based on the latest financial reports, Jiaozuo Wanfang Aluminum (000612) has net assets worth CN¥6.99 Billion 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¥8.14 Billion) and total liabilities (CN¥1.14 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¥6.99 Billion
% of Total Assets 85.97%
Annual Growth Rate 12.83%
5-Year Change 29.2%
10-Year Change 30.87%
Growth Volatility 30.67

Jiaozuo Wanfang Aluminum - Net Assets Trend (1993–2024)

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

Annual Net Assets for Jiaozuo Wanfang Aluminum (1993–2024)

The table below shows the annual net assets of Jiaozuo Wanfang Aluminum from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥6.23 Billion +7.47%
2023-12-31 CN¥5.80 Billion +9.56%
2022-12-31 CN¥5.30 Billion +3.96%
2021-12-31 CN¥5.09 Billion +5.55%
2020-12-31 CN¥4.83 Billion +11.86%
2019-12-31 CN¥4.31 Billion +2.10%
2018-12-31 CN¥4.23 Billion -10.30%
2017-12-31 CN¥4.71 Billion +4.13%
2016-12-31 CN¥4.52 Billion -5.05%
2015-12-31 CN¥4.76 Billion +0.77%
2014-12-31 CN¥4.73 Billion +9.35%
2013-12-31 CN¥4.32 Billion +76.61%
2012-12-31 CN¥2.45 Billion -0.11%
2011-12-31 CN¥2.45 Billion +20.01%
2010-12-31 CN¥2.04 Billion +3.23%
2009-12-31 CN¥1.98 Billion +8.48%
2008-12-31 CN¥1.82 Billion +10.51%
2007-12-31 CN¥1.65 Billion +57.61%
2006-12-31 CN¥1.05 Billion +22.74%
2005-12-31 CN¥852.97 Million -12.59%
2004-12-31 CN¥975.84 Million -1.16%
2003-12-31 CN¥987.25 Million +16.21%
2002-12-31 CN¥849.52 Million +42.59%
2001-12-31 CN¥595.79 Million +2.73%
2000-12-31 CN¥579.95 Million +4.80%
1999-12-31 CN¥553.41 Million +13.39%
1998-12-31 CN¥488.08 Million +1.51%
1997-12-31 CN¥480.82 Million +10.62%
1996-12-31 CN¥434.67 Million +151.73%
1995-12-31 CN¥172.67 Million -0.55%
1994-12-31 CN¥173.62 Million +17.62%
1993-12-31 CN¥147.61 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiaozuo Wanfang Aluminum'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 283184100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.83 Billion 45.42%
Common Stock CN¥1.19 Billion 19.12%
Other Components CN¥2.21 Billion 35.46%
Total Equity CN¥6.23 Billion 100.00%

Jiaozuo Wanfang Aluminum Competitors by Market Cap

The table below lists competitors of Jiaozuo Wanfang Aluminum ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiaozuo Wanfang Aluminum's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,801,651,000 to 6,234,751,000, a change of 433,100,000 (7.5%).
  • Net income of 588,697,757 contributed positively to equity growth.
  • Dividend payments of 191,737,515 reduced retained earnings.
  • Other comprehensive income decreased equity by 584,491,319.
  • Other factors increased equity by 620,631,077.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥588.70 Million +9.44%
Dividends Paid CN¥191.74 Million -3.08%
Other Comprehensive Income CN¥-584.49 Million -9.37%
Other Changes CN¥620.63 Million +9.95%
Total Change CN¥- 7.47%

Book Value vs Market Value Analysis

This analysis compares Jiaozuo Wanfang Aluminum'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: 2.50x
  • 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 76.48x to 2.50x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.17 CN¥13.08 x
1994-12-31 CN¥0.20 CN¥13.08 x
1995-12-31 CN¥0.20 CN¥13.08 x
1996-12-31 CN¥0.50 CN¥13.08 x
1997-12-31 CN¥0.56 CN¥13.08 x
1998-12-31 CN¥0.56 CN¥13.08 x
1999-12-31 CN¥0.61 CN¥13.08 x
2000-12-31 CN¥0.63 CN¥13.08 x
2001-12-31 CN¥0.69 CN¥13.08 x
2002-12-31 CN¥1.04 CN¥13.08 x
2003-12-31 CN¥1.14 CN¥13.08 x
2004-12-31 CN¥1.13 CN¥13.08 x
2005-12-31 CN¥0.99 CN¥13.08 x
2006-12-31 CN¥1.21 CN¥13.08 x
2007-12-31 CN¥1.91 CN¥13.08 x
2008-12-31 CN¥2.11 CN¥13.08 x
2009-12-31 CN¥2.29 CN¥13.08 x
2010-12-31 CN¥2.36 CN¥13.08 x
2011-12-31 CN¥2.84 CN¥13.08 x
2012-12-31 CN¥2.84 CN¥13.08 x
2013-12-31 CN¥3.88 CN¥13.08 x
2014-12-31 CN¥4.05 CN¥13.08 x
2015-12-31 CN¥4.04 CN¥13.08 x
2016-12-31 CN¥3.83 CN¥13.08 x
2017-12-31 CN¥3.94 CN¥13.08 x
2018-12-31 CN¥3.55 CN¥13.08 x
2019-12-31 CN¥3.62 CN¥13.08 x
2020-12-31 CN¥4.05 CN¥13.08 x
2021-12-31 CN¥4.27 CN¥13.08 x
2022-12-31 CN¥4.44 CN¥13.08 x
2023-12-31 CN¥4.87 CN¥13.08 x
2024-12-31 CN¥5.23 CN¥13.08 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiaozuo Wanfang Aluminum 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): 9.44%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.11%
  • • Asset Turnover: 0.80x
  • • Equity Multiplier: 1.29x
  • Recent ROE (9.44%) is above the historical average (8.98%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 5.66% 4.29% 0.59x 2.24x CN¥-6.41 Million
1994 15.03% 6.46% 0.94x 2.48x CN¥8.71 Million
1995 27.40% 7.07% 1.43x 2.72x CN¥30.05 Million
1996 11.67% 9.44% 0.79x 1.56x CN¥7.24 Million
1997 9.50% 8.57% 0.84x 1.32x CN¥-2.43 Million
1998 1.16% 0.97% 0.57x 2.09x CN¥-43.15 Million
1999 16.07% 12.63% 0.69x 1.84x CN¥32.15 Million
2000 8.81% 7.25% 0.42x 2.89x CN¥-6.53 Million
2001 7.84% 3.61% 0.75x 2.90x CN¥-12.87 Million
2002 10.67% 7.92% 0.58x 2.32x CN¥6.02 Million
2003 14.09% 7.36% 0.67x 2.84x CN¥40.35 Million
2004 3.90% 1.19% 1.08x 3.04x CN¥-59.50 Million
2005 -14.30% -4.19% 1.03x 3.30x CN¥-207.04 Million
2006 24.60% 6.31% 1.33x 2.93x CN¥152.71 Million
2007 41.45% 13.19% 1.51x 2.08x CN¥518.76 Million
2008 18.25% 5.53% 1.49x 2.21x CN¥150.46 Million
2009 9.77% 3.79% 1.30x 1.98x CN¥-4.60 Million
2010 5.67% 2.07% 1.41x 1.94x CN¥-88.37 Million
2011 15.56% 6.39% 1.21x 2.01x CN¥136.21 Million
2012 -0.63% -0.25% 1.00x 2.51x CN¥-260.16 Million
2013 6.08% 4.68% 0.78x 1.66x CN¥-169.42 Million
2014 7.54% 6.79% 0.57x 1.93x CN¥-116.34 Million
2015 -1.31% -1.34% 0.54x 1.81x CN¥-538.93 Million
2016 2.19% 2.53% 0.54x 1.61x CN¥-353.10 Million
2017 3.73% 3.50% 0.67x 1.58x CN¥-295.28 Million
2018 -10.46% -9.01% 0.66x 1.76x CN¥-864.62 Million
2019 2.47% 2.24% 0.68x 1.63x CN¥-324.76 Million
2020 11.77% 11.97% 0.66x 1.48x CN¥85.35 Million
2021 7.79% 8.06% 0.62x 1.55x CN¥-112.73 Million
2022 5.72% 4.54% 0.85x 1.48x CN¥-226.45 Million
2023 10.22% 9.59% 0.78x 1.36x CN¥12.88 Million
2024 9.44% 9.11% 0.80x 1.29x CN¥-34.78 Million

Industry Comparison

This section compares Jiaozuo Wanfang Aluminum's net assets metrics with peer companies in the Aluminum industry.

Industry Context

  • Industry: Aluminum
  • Average net assets among peers: $4,797,179,539
  • Average return on equity (ROE) among peers: 5.36%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiaozuo Wanfang Aluminum (000612) CN¥6.99 Billion 5.66% 0.16x $1.56 Billion
Yunnan Aluminium Co Ltd (000807) $20.91 Billion 15.94% 0.81x $8.73 Billion
Henan Shenhuo Coal & Power Co Ltd (000933) $10.42 Billion -3.52% 3.91x $6.78 Billion
Guangdong Hongtu Technology Holdings Co Ltd (002101) $1.35 Billion 8.74% 0.89x $589.47 Million
Jiangsu Alcha Aluminium Co Ltd (002160) $2.90 Billion -14.82% 1.20x $644.16 Million
Nanjing Yunhai Special Metals Co Ltd (002182) $1.09 Billion 0.35% 1.17x $1.49 Billion
ZYF Lopsking Aluminum Co Ltd (002333) $146.13 Million 24.51% 1.53x $135.36 Million
Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) $1.96 Billion -3.52% 0.60x $3.60 Billion
Jilin Liyuan Precision Manufacturing Co Ltd (002501) $3.44 Billion 11.58% 0.95x $703.83 Million
Tianshan Aluminum Group Co Ltd (002532) $958.82 Million 9.00% 0.33x $5.67 Billion