Tongling Nonferrous Metals Group Co Ltd (000630) - Net Assets
Based on the latest financial reports, Tongling Nonferrous Metals Group Co Ltd (000630) has net assets worth CN¥43.95 Billion CNY (≈ $6.43 Billion USD) 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 ≈ $13.45 Billion USD) and total liabilities (CN¥47.96 Billion ≈ $7.02 Billion 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 000630 total assets for the complete picture of this company's asset base.
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. Check Tongling Nonferrous Metals Group Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. For live valuation and market cap data, see 000630 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥42.26 Billion ≈ $6.18 Billion |
+6.99% |
| 2023-12-31 | CN¥39.50 Billion ≈ $5.78 Billion |
+31.72% |
| 2022-12-31 | CN¥29.98 Billion ≈ $4.39 Billion |
+28.14% |
| 2021-12-31 | CN¥23.40 Billion ≈ $3.42 Billion |
+13.26% |
| 2020-12-31 | CN¥20.66 Billion ≈ $3.02 Billion |
+3.26% |
| 2019-12-31 | CN¥20.01 Billion ≈ $2.93 Billion |
+2.70% |
| 2018-12-31 | CN¥19.48 Billion ≈ $2.85 Billion |
+4.89% |
| 2017-12-31 | CN¥18.58 Billion ≈ $2.72 Billion |
+5.97% |
| 2016-12-31 | CN¥17.53 Billion ≈ $2.56 Billion |
+19.83% |
| 2015-12-31 | CN¥14.63 Billion ≈ $2.14 Billion |
-6.65% |
| 2014-12-31 | CN¥15.67 Billion ≈ $2.29 Billion |
+31.04% |
| 2013-12-31 | CN¥11.96 Billion ≈ $1.75 Billion |
-0.99% |
| 2012-12-31 | CN¥12.08 Billion ≈ $1.77 Billion |
+5.55% |
| 2011-12-31 | CN¥11.44 Billion ≈ $1.67 Billion |
+38.36% |
| 2010-12-31 | CN¥8.27 Billion ≈ $1.21 Billion |
+20.43% |
| 2009-12-31 | CN¥6.87 Billion ≈ $1.00 Billion |
+0.15% |
| 2008-12-31 | CN¥6.86 Billion ≈ $1.00 Billion |
+14.96% |
| 2007-12-31 | CN¥5.96 Billion ≈ $872.68 Million |
+38.05% |
| 2006-12-31 | CN¥4.32 Billion ≈ $632.14 Million |
+11.89% |
| 2005-12-31 | CN¥3.86 Billion ≈ $564.97 Million |
+21.84% |
| 2004-12-31 | CN¥3.17 Billion ≈ $463.71 Million |
+29.66% |
| 2003-12-31 | CN¥2.44 Billion ≈ $357.65 Million |
+19.30% |
| 2002-12-31 | CN¥2.05 Billion ≈ $299.78 Million |
+5.09% |
| 2001-12-31 | CN¥1.95 Billion ≈ $285.26 Million |
-0.29% |
| 2000-12-31 | CN¥1.95 Billion ≈ $286.08 Million |
+77.95% |
| 1999-12-31 | CN¥1.10 Billion ≈ $160.76 Million |
+8.01% |
| 1998-12-31 | CN¥1.02 Billion ≈ $148.83 Million |
+167.16% |
| 1997-12-31 | CN¥380.71 Million ≈ $55.71 Million |
+22.98% |
| 1996-12-31 | CN¥309.56 Million ≈ $45.30 Million |
+164.31% |
| 1995-12-31 | CN¥117.12 Million ≈ $17.14 Million |
+156.25% |
| 1994-12-31 | CN¥45.71 Million ≈ $6.69 Million |
+10.78% |
| 1993-12-31 | CN¥41.26 Million ≈ $6.04 Million |
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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 |
|---|---|
|
Invesco Plc
NYSE:IVZ
|
$12.23 Billion |
|
Fox Corp Class A
NASDAQ:FOXA
|
$12.23 Billion |
|
Han'S Laser Tech A
SHE:002008
|
$12.24 Billion |
|
DT Midstream Inc
NYSE:DTM
|
$12.24 Billion |
|
TELE2 AB UNSP.ADR/1/2 B
F:NCY
|
$12.21 Billion |
|
Sociedad Quimica y Minera de Chile SA ADR B
NYSE:SQM
|
$12.20 Billion |
|
CARLSBERG B DK20 ADR 1/5
F:CBGC
|
$12.20 Billion |
|
AGNC Investment Corp.
NASDAQ:AGNC
|
$12.20 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: 2.46x
- 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 789.92x to 2.46x 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¥6.23 | x |
| 1994-12-31 | CN¥0.01 | CN¥6.23 | x |
| 1995-12-31 | CN¥0.02 | CN¥6.23 | x |
| 1996-12-31 | CN¥0.06 | CN¥6.23 | x |
| 1997-12-31 | CN¥0.07 | CN¥6.23 | x |
| 1998-12-31 | CN¥0.19 | CN¥6.23 | x |
| 1999-12-31 | CN¥0.20 | CN¥6.23 | x |
| 2000-12-31 | CN¥0.37 | CN¥6.23 | x |
| 2001-12-31 | CN¥0.36 | CN¥6.23 | x |
| 2002-12-31 | CN¥0.38 | CN¥6.23 | x |
| 2003-12-31 | CN¥0.46 | CN¥6.23 | x |
| 2004-12-31 | CN¥0.59 | CN¥6.23 | x |
| 2005-12-31 | CN¥0.70 | CN¥6.23 | x |
| 2006-12-31 | CN¥0.93 | CN¥6.23 | x |
| 2007-12-31 | CN¥0.80 | CN¥6.23 | x |
| 2008-12-31 | CN¥0.89 | CN¥6.23 | x |
| 2009-12-31 | CN¥0.88 | CN¥6.23 | x |
| 2010-12-31 | CN¥1.02 | CN¥6.23 | x |
| 2011-12-31 | CN¥1.42 | CN¥6.23 | x |
| 2012-12-31 | CN¥1.52 | CN¥6.23 | x |
| 2013-12-31 | CN¥1.57 | CN¥6.23 | x |
| 2014-12-31 | CN¥1.97 | CN¥6.23 | x |
| 2015-12-31 | CN¥1.46 | CN¥6.23 | x |
| 2016-12-31 | CN¥1.85 | CN¥6.23 | x |
| 2017-12-31 | CN¥1.61 | CN¥6.23 | x |
| 2018-12-31 | CN¥1.78 | CN¥6.23 | x |
| 2019-12-31 | CN¥1.76 | CN¥6.23 | x |
| 2020-12-31 | CN¥1.80 | CN¥6.23 | x |
| 2021-12-31 | CN¥2.06 | CN¥6.23 | x |
| 2022-12-31 | CN¥2.41 | CN¥6.23 | x |
| 2023-12-31 | CN¥2.48 | CN¥6.23 | x |
| 2024-12-31 | CN¥2.53 | CN¥6.23 | 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: $8,753,461,157
- Average return on equity (ROE) among peers: 10.04%
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 | $12.22 Billion |
| North Copper Shanxi Co Ltd (000737) | $252.77 Million | 23.18% | 1.86x | $3.78 Billion |
| Yunnan Copper Co Ltd (000878) | $6.62 Billion | 3.07% | 2.48x | $5.66 Billion |
| Zhejiang Hailiang Co Ltd (002203) | $10.21 Billion | 6.64% | 1.58x | $6.26 Billion |
| Nanjing Hanrui Cobalt Co Ltd (300618) | $5.07 Billion | 4.19% | 0.47x | $1.52 Billion |
| Jiangyin Electrical Alloy Co Ltd (300697) | $393.20 Million | 13.95% | 1.56x | $838.84 Million |
| Xinke Material (600255) | $1.74 Billion | 5.63% | 1.22x | $848.39 Million |
| Jiangxi Copper Co Ltd Class A (600362) | $39.81 Billion | 16.45% | 0.71x | $13.05 Billion |
| Pengxin International Mining Co Ltd (600490) | $6.27 Billion | 1.19% | 0.37x | $2.16 Billion |
| Ningbo Boway Alloy Material Co Ltd (601137) | $8.42 Billion | 16.08% | 1.05x | $2.29 Billion |
About Tongling Nonferrous Metals Group Co Ltd
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.