Tongling Nonferrous Metals Group Co Ltd

SHE:000630 China Copper
Market Cap
$11.88 Billion
CN¥87.16 Billion CNY
Market Cap Rank
#2617 Global
#177 in China
Share Price
CN¥6.50
Change (1 day)
-1.37%
52-Week Range
CN¥2.95 - CN¥9.19
All Time High
CN¥9.19
Categories
Companies in China Copper
About

Tongling Nonferrous Metals Group Co.,Ltd. engages in the mining, smelting, processing, and trading of copper. It offers cathode copper, sulfuric acid, gold, silver, copper foil and copper strip, and copper processing materials. The company was founded in 1992 and is headquartered in Tongling, China.

Tongling Nonferrous Metals Group Co Ltd (000630) - Net Assets

Latest net assets as of September 2025: CN¥43.95 Billion CNY

Based on the latest financial reports, Tongling Nonferrous Metals Group Co Ltd (000630) has net assets worth CN¥43.95 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¥91.90 Billion) and total liabilities (CN¥47.96 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¥43.95 Billion
% of Total Assets 47.82%
Annual Growth Rate 25.06%
5-Year Change 104.53%
10-Year Change 188.9%
Growth Volatility 46.09

Tongling Nonferrous Metals Group Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Tongling Nonferrous Metals Group 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 Tongling Nonferrous Metals Group Co Ltd (1993–2024)

The table below shows the annual net assets of Tongling Nonferrous Metals Group Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥42.26 Billion +6.99%
2023-12-31 CN¥39.50 Billion +31.72%
2022-12-31 CN¥29.98 Billion +28.14%
2021-12-31 CN¥23.40 Billion +13.26%
2020-12-31 CN¥20.66 Billion +3.26%
2019-12-31 CN¥20.01 Billion +2.70%
2018-12-31 CN¥19.48 Billion +4.89%
2017-12-31 CN¥18.58 Billion +5.97%
2016-12-31 CN¥17.53 Billion +19.83%
2015-12-31 CN¥14.63 Billion -6.65%
2014-12-31 CN¥15.67 Billion +31.04%
2013-12-31 CN¥11.96 Billion -0.99%
2012-12-31 CN¥12.08 Billion +5.55%
2011-12-31 CN¥11.44 Billion +38.36%
2010-12-31 CN¥8.27 Billion +20.43%
2009-12-31 CN¥6.87 Billion +0.15%
2008-12-31 CN¥6.86 Billion +14.96%
2007-12-31 CN¥5.96 Billion +38.05%
2006-12-31 CN¥4.32 Billion +11.89%
2005-12-31 CN¥3.86 Billion +21.84%
2004-12-31 CN¥3.17 Billion +29.66%
2003-12-31 CN¥2.44 Billion +19.30%
2002-12-31 CN¥2.05 Billion +5.09%
2001-12-31 CN¥1.95 Billion -0.29%
2000-12-31 CN¥1.95 Billion +77.95%
1999-12-31 CN¥1.10 Billion +8.01%
1998-12-31 CN¥1.02 Billion +167.16%
1997-12-31 CN¥380.71 Million +22.98%
1996-12-31 CN¥309.56 Million +164.31%
1995-12-31 CN¥117.12 Million +156.25%
1994-12-31 CN¥45.71 Million +10.78%
1993-12-31 CN¥41.26 Million --

Equity Component Analysis

This analysis shows how different components contribute to Tongling Nonferrous Metals Group 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 4087183.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥12.88 Billion 38.00%
Common Stock CN¥12.79 Billion 37.75%
Other Comprehensive Income CN¥2.82 Billion 8.33%
Other Components CN¥5.40 Billion 15.92%
Total Equity CN¥33.89 Billion 100.00%

Tongling Nonferrous Metals Group Co Ltd Competitors by Market Cap

The table below lists competitors of Tongling Nonferrous Metals Group Co Ltd ranked by their market capitalization.

Company Market Cap
Trend Micro Inc.
PINK:TMICF
 		$5.46 Billion
Rexel S.A
PINK:RXLSF
 		$5.47 Billion
MINISO GRP HLD.ADS/4
F:MIF
 		$5.48 Billion
Pidilite Industries Limited
NSE:PIDILITIND
 		$5.48 Billion
Washington H. Soul Pattinson and Company Limited
PINK:WSOUF
 		$5.45 Billion
HEALTHCARE REAL. A DL-01
F:HT0
 		$5.45 Billion
Ingenic Semiconductor
SHE:300223
 		$5.44 Billion
Sojitz Corporation
F:XEB
 		$5.44 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tongling Nonferrous Metals Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 31,817,391,520 to 33,888,515,000, a change of 2,071,123,480 (6.5%).
  • Net income of 2,808,596,000 contributed positively to equity growth.
  • Dividend payments of 1,731,171,137 reduced retained earnings.
  • Share repurchases of 29,368,208 reduced equity.
  • Other comprehensive income increased equity by 74,665,396.
  • Other factors increased equity by 948,401,429.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥2.81 Billion +8.29%
Dividends Paid CN¥1.73 Billion -5.11%
Share Repurchases CN¥29.37 Million -0.09%
Other Comprehensive Income CN¥74.67 Million +0.22%
Other Changes CN¥948.40 Million +2.8%
Total Change CN¥- 6.51%

Book Value vs Market Value Analysis

This analysis compares Tongling Nonferrous Metals Group 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: 2.57x
  • 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 824.15x to 2.57x 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¥0.01 CN¥6.50 x
1994-12-31 CN¥0.01 CN¥6.50 x
1995-12-31 CN¥0.02 CN¥6.50 x
1996-12-31 CN¥0.06 CN¥6.50 x
1997-12-31 CN¥0.07 CN¥6.50 x
1998-12-31 CN¥0.19 CN¥6.50 x
1999-12-31 CN¥0.20 CN¥6.50 x
2000-12-31 CN¥0.37 CN¥6.50 x
2001-12-31 CN¥0.36 CN¥6.50 x
2002-12-31 CN¥0.38 CN¥6.50 x
2003-12-31 CN¥0.46 CN¥6.50 x
2004-12-31 CN¥0.59 CN¥6.50 x
2005-12-31 CN¥0.70 CN¥6.50 x
2006-12-31 CN¥0.93 CN¥6.50 x
2007-12-31 CN¥0.80 CN¥6.50 x
2008-12-31 CN¥0.89 CN¥6.50 x
2009-12-31 CN¥0.88 CN¥6.50 x
2010-12-31 CN¥1.02 CN¥6.50 x
2011-12-31 CN¥1.42 CN¥6.50 x
2012-12-31 CN¥1.52 CN¥6.50 x
2013-12-31 CN¥1.57 CN¥6.50 x
2014-12-31 CN¥1.97 CN¥6.50 x
2015-12-31 CN¥1.46 CN¥6.50 x
2016-12-31 CN¥1.85 CN¥6.50 x
2017-12-31 CN¥1.61 CN¥6.50 x
2018-12-31 CN¥1.78 CN¥6.50 x
2019-12-31 CN¥1.76 CN¥6.50 x
2020-12-31 CN¥1.80 CN¥6.50 x
2021-12-31 CN¥2.06 CN¥6.50 x
2022-12-31 CN¥2.41 CN¥6.50 x
2023-12-31 CN¥2.48 CN¥6.50 x
2024-12-31 CN¥2.53 CN¥6.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tongling Nonferrous Metals Group 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): 8.29%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.93%
  • • Asset Turnover: 1.80x
  • • Equity Multiplier: 2.39x
  • Recent ROE (8.29%) is below the historical average (9.89%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 11.52% 18.79% 0.48x 1.28x CN¥628.98K
1994 12.18% 17.47% 0.39x 1.77x CN¥995.25K
1995 28.99% 2.56% 3.89x 2.91x CN¥22.24 Million
1996 15.44% 4.09% 2.53x 1.49x CN¥16.83 Million
1997 18.29% 5.65% 2.53x 1.28x CN¥31.56 Million
1998 10.74% 9.87% 0.90x 1.21x CN¥7.55 Million
1999 12.36% 7.94% 0.99x 1.57x CN¥25.13 Million
2000 7.18% 6.85% 0.73x 1.44x CN¥-53.95 Million
2001 6.10% 6.15% 0.63x 1.57x CN¥-74.48 Million
2002 6.56% 5.47% 0.69x 1.73x CN¥-68.93 Million
2003 6.78% 4.76% 0.67x 2.11x CN¥-77.08 Million
2004 10.85% 5.26% 1.00x 2.07x CN¥25.99 Million
2005 13.76% 5.16% 1.16x 2.29x CN¥136.75 Million
2006 14.84% 2.01% 2.85x 2.59x CN¥194.59 Million
2007 16.24% 2.26% 1.88x 3.83x CN¥321.54 Million
2008 10.96% 1.71% 1.94x 3.32x CN¥55.98 Million
2009 10.64% 1.98% 1.29x 4.18x CN¥36.41 Million
2010 13.04% 1.75% 1.59x 4.67x CN¥209.76 Million
2011 14.34% 2.02% 2.19x 3.23x CN¥433.60 Million
2012 8.57% 1.20% 1.94x 3.70x CN¥-154.23 Million
2013 5.10% 0.74% 1.94x 3.57x CN¥-545.54 Million
2014 2.03% 0.34% 1.89x 3.16x CN¥-1.18 Billion
2015 -4.80% -0.77% 1.97x 3.18x CN¥-2.05 Billion
2016 1.08% 0.21% 1.94x 2.68x CN¥-1.48 Billion
2017 3.11% 0.65% 1.72x 2.77x CN¥-1.19 Billion
2018 3.95% 0.84% 1.80x 2.62x CN¥-1.08 Billion
2019 4.53% 0.89% 1.94x 2.62x CN¥-1.00 Billion
2020 4.57% 0.87% 1.91x 2.76x CN¥-1.03 Billion
2021 14.29% 2.37% 2.58x 2.34x CN¥930.70 Million
2022 16.50% 3.43% 1.98x 2.42x CN¥1.65 Billion
2023 8.48% 1.96% 1.76x 2.46x CN¥-482.56 Million
2024 8.29% 1.93% 1.80x 2.39x CN¥-580.26 Million

Industry Comparison

This section compares Tongling Nonferrous Metals Group Co Ltd's net assets metrics with peer companies in the Copper industry.

Industry Context

  • Industry: Copper
  • Average net assets among peers: $10,468,501,362
  • Average return on equity (ROE) among peers: 15.39%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tongling Nonferrous Metals Group Co Ltd (000630) CN¥43.95 Billion 11.52% 1.09x $5.46 Billion
North Copper Shanxi Co Ltd (000737) $394.48 Million 67.70% 2.99x $1.75 Billion
Yunnan Copper Co Ltd (000878) $1.78 Billion 4.64% 1.28x $3.43 Billion
Zhejiang Hailiang Co Ltd (002203) $273.58 Million 22.16% 4.45x $2.24 Billion
Nanjing Hanrui Cobalt Co Ltd (300618) $205.45 Million 4.85% 2.93x $1.29 Billion
Jiangyin Electrical Alloy Co Ltd (300697) $918.77 Million 11.57% 0.57x $295.92 Million
Xinke Material (600255) $569.24 Million 9.09% 1.46x $783.04 Million
Jiangxi Copper Co Ltd Class A (600362) $87.80 Billion 7.93% 1.20x $12.79 Billion
Pengxin International Mining Co Ltd (600490) $319.50 Million 6.24% 0.35x $1.72 Billion
Ningbo Boway Alloy Material Co Ltd (601137) $1.96 Billion 4.30% 0.33x $1.21 Billion