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¥47.75 Billion CNY (≈ $6.99 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥109.28 Billion ≈ $15.99 Billion USD) and total liabilities (CN¥61.53 Billion ≈ $9.00 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. Check Tongling Nonferrous Metals Group Co Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥47.75 Billion |
| % of Total Assets | 43.69% |
| Annual Growth Rate | 24.56% |
| 5-Year Change | 98.72% |
| 10-Year Change | 165.28% |
| Growth Volatility | 45.67 |
Tongling Nonferrous Metals Group Co Ltd - Net Assets Trend (1993–2025)
This chart illustrates how Tongling Nonferrous Metals Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 000630 market cap overview.
Annual Net Assets for Tongling Nonferrous Metals Group Co Ltd (1993–2025)
The table below shows the annual net assets of Tongling Nonferrous Metals Group Co Ltd from 1993 to 2025. Also explore how fast is Tongling Nonferrous Metals Group Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥46.50 Billion ≈ $6.80 Billion |
+10.04% |
| 2024-12-31 | CN¥42.26 Billion ≈ $6.18 Billion |
+6.99% |
| 2023-12-31 | CN¥39.50 Billion ≈ $5.78 Billion |
+7.22% |
| 2022-12-31 | CN¥36.84 Billion ≈ $5.39 Billion |
+57.44% |
| 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 |
+2.82% |
| 2018-12-31 | CN¥19.46 Billion ≈ $2.85 Billion |
+4.31% |
| 2017-12-31 | CN¥18.66 Billion ≈ $2.73 Billion |
+6.43% |
| 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 |
+13.03% |
| 2013-12-31 | CN¥13.86 Billion ≈ $2.03 Billion |
+14.79% |
| 2012-12-31 | CN¥12.08 Billion ≈ $1.77 Billion |
+5.55% |
| 2011-12-31 | CN¥11.44 Billion ≈ $1.67 Billion |
+38.14% |
| 2010-12-31 | CN¥8.28 Billion ≈ $1.21 Billion |
+20.63% |
| 2009-12-31 | CN¥6.87 Billion ≈ $1.00 Billion |
-0.17% |
| 2008-12-31 | CN¥6.88 Billion ≈ $1.01 Billion |
+14.85% |
| 2007-12-31 | CN¥5.99 Billion ≈ $876.31 Million |
+7.28% |
| 2006-12-31 | CN¥5.58 Billion ≈ $816.81 Million |
+44.58% |
| 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 |
+17.17% |
| 2002-12-31 | CN¥2.09 Billion ≈ $305.23 Million |
+7.00% |
| 2001-12-31 | CN¥1.95 Billion ≈ $285.26 Million |
+2.87% |
| 2000-12-31 | CN¥1.90 Billion ≈ $277.30 Million |
+72.67% |
| 1999-12-31 | CN¥1.10 Billion ≈ $160.60 Million |
+7.91% |
| 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 4209288.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥13.26 Billion | 35.86% |
| Other Components | CN¥23.72 Billion | 64.14% |
| Total Equity | CN¥36.98 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 |
|---|---|
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
$11.82 Billion |
|
Dynatrace Holdings LLC
NYSE:DT
|
$11.83 Billion |
|
Taiwan Mobile Co Ltd
TW:3045
|
$11.84 Billion |
|
Equity Lifestyle Properties Inc
NYSE:ELS
|
$11.85 Billion |
|
Krung Thai Bank Public Company Limited
F:NVPB
|
$11.81 Billion |
|
Tradeweb Markets Inc
NASDAQ:TW
|
$11.80 Billion |
|
The J. M. Smucker Company
NYSE:SJM
|
$11.79 Billion |
|
GJENSIDIGE FORSI.UNSP.ADR
F:XGJ0
|
$11.78 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 2024 to 2025, total equity changed from 33,888,515,000 to 36,983,271,672, a change of 3,094,756,672 (9.1%).
- Net income of 2,415,007,111 contributed positively to equity growth.
- Dividend payments of 2,584,743,050 reduced retained earnings.
- Other comprehensive income decreased equity by 2,823,756,000.
- Other factors increased equity by 6,088,248,611.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.42 Billion | +6.53% |
| Dividends Paid | CN¥2.58 Billion | -6.99% |
| Other Comprehensive Income | CN¥-2.82 Billion | -7.64% |
| Other Changes | CN¥6.09 Billion | +16.46% |
| Total Change | CN¥- | 9.13% |
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: 2.18x
- 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 763.29x to 2.18x 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¥6.02 | x |
| 1994-12-31 | CN¥0.01 | CN¥6.02 | x |
| 1995-12-31 | CN¥0.02 | CN¥6.02 | x |
| 1996-12-31 | CN¥0.06 | CN¥6.02 | x |
| 1997-12-31 | CN¥0.07 | CN¥6.02 | x |
| 1998-12-31 | CN¥0.19 | CN¥6.02 | x |
| 1999-12-31 | CN¥0.20 | CN¥6.02 | x |
| 2000-12-31 | CN¥0.35 | CN¥6.02 | x |
| 2001-12-31 | CN¥0.36 | CN¥6.02 | x |
| 2002-12-31 | CN¥0.39 | CN¥6.02 | x |
| 2003-12-31 | CN¥0.46 | CN¥6.02 | x |
| 2004-12-31 | CN¥0.59 | CN¥6.02 | x |
| 2005-12-31 | CN¥0.70 | CN¥6.02 | x |
| 2006-12-31 | CN¥1.10 | CN¥6.02 | x |
| 2007-12-31 | CN¥0.80 | CN¥6.02 | x |
| 2008-12-31 | CN¥0.89 | CN¥6.02 | x |
| 2009-12-31 | CN¥0.88 | CN¥6.02 | x |
| 2010-12-31 | CN¥1.02 | CN¥6.02 | x |
| 2011-12-31 | CN¥1.42 | CN¥6.02 | x |
| 2012-12-31 | CN¥1.52 | CN¥6.02 | x |
| 2013-12-31 | CN¥1.84 | CN¥6.02 | x |
| 2014-12-31 | CN¥1.97 | CN¥6.02 | x |
| 2015-12-31 | CN¥1.46 | CN¥6.02 | x |
| 2016-12-31 | CN¥1.85 | CN¥6.02 | x |
| 2017-12-31 | CN¥1.62 | CN¥6.02 | x |
| 2018-12-31 | CN¥1.78 | CN¥6.02 | x |
| 2019-12-31 | CN¥1.76 | CN¥6.02 | x |
| 2020-12-31 | CN¥1.80 | CN¥6.02 | x |
| 2021-12-31 | CN¥2.06 | CN¥6.02 | x |
| 2022-12-31 | CN¥2.87 | CN¥6.02 | x |
| 2023-12-31 | CN¥2.48 | CN¥6.02 | x |
| 2024-12-31 | CN¥2.53 | CN¥6.02 | x |
| 2025-12-31 | CN¥2.76 | CN¥6.02 | 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): 6.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.40%
- • Asset Turnover: 1.72x
- • Equity Multiplier: 2.71x
- Recent ROE (6.53%) is below the historical average (9.78%), 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 | 12.38% | 7.94% | 0.99x | 1.57x | CN¥25.24 Million |
| 2000 | 7.41% | 6.85% | 0.74x | 1.45x | CN¥-48.05 Million |
| 2001 | 6.10% | 6.15% | 0.63x | 1.57x | CN¥-74.48 Million |
| 2002 | 6.44% | 5.47% | 0.69x | 1.70x | CN¥-72.65 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 | 12.56% | 2.01% | 1.82x | 3.44x | CN¥121.53 Million |
| 2007 | 21.48% | 3.00% | 1.88x | 3.81x | CN¥594.53 Million |
| 2008 | 10.92% | 1.71% | 1.94x | 3.30x | CN¥53.80 Million |
| 2009 | 10.64% | 1.98% | 1.29x | 4.18x | CN¥36.41 Million |
| 2010 | 13.02% | 1.75% | 1.53x | 4.85x | CN¥208.65 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 | 4.36% | 0.74% | 1.79x | 3.30x | CN¥-736.12 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 | 3.09% | 0.65% | 1.72x | 2.76x | CN¥-1.20 Billion |
| 2018 | 3.96% | 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% | 1.90x | 2.76x | CN¥-1.03 Billion |
| 2021 | 14.29% | 2.37% | 2.58x | 2.34x | CN¥930.70 Million |
| 2022 | 13.87% | 3.43% | 1.60x | 2.53x | CN¥1.17 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 |
| 2025 | 6.53% | 1.40% | 1.72x | 2.71x | CN¥-1.28 Billion |
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: $7,314,957,816
- Average return on equity (ROE) among peers: 22.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tongling Nonferrous Metals Group Co Ltd (000630) | CN¥47.75 Billion | 11.52% | 1.29x | $11.81 Billion |
| North Copper Shanxi Co Ltd (000737) | $394.48 Million | 67.70% | 2.99x | $3.92 Billion |
| Yunnan Copper Co Ltd (000878) | $376.15 Million | 36.63% | 1.56x | $5.80 Billion |
| Zhejiang Hailiang Co Ltd (002203) | $10.21 Billion | 6.64% | 1.58x | $6.18 Billion |
| Nanjing Hanrui Cobalt Co Ltd (300618) | $1.11 Billion | 40.35% | 0.95x | $1.43 Billion |
| Jiangyin Electrical Alloy Co Ltd (300697) | $844.39 Million | 15.28% | 0.46x | $920.51 Million |
| Xinke Material (600255) | $483.34 Million | 0.87% | 0.58x | $951.47 Million |
| Jiangxi Copper Co Ltd Class A (600362) | $39.81 Billion | 16.45% | 0.71x | $13.14 Billion |
| Pengxin International Mining Co Ltd (600490) | $5.49 Billion | 5.07% | 0.46x | $2.30 Billion |
| Ningbo Boway Alloy Material Co Ltd (601137) | $7.11 Billion | 15.81% | 1.30x | $2.67 Billion |
About Tongling Nonferrous Metals Group Co Ltd
Tongling Nonferrous Metals Group Co.,Ltd. engages in the mining, smelting, beneficiation, processing, and trading of copper. It offers cathode copper, sulfuric acid, gold, silver, copper foil, and copper strip and plates. The company was founded in 1992 and is headquartered in Tongling, China.