Shandong Jinling Mining Co Ltd
Shandong Jinling Mining Co., Ltd. engages in the iron ore mining business in China. It produces and sells iron concentrate, copper concentrate, and pellets; mechanical equipment, such as cages, miner cars, crusher, scrapers, cages, and other steel products; and technical services, including project contracting, equipment maintenance, and selection technology. The company was formerly known as Sha… Read more
Shandong Jinling Mining Co Ltd (000655) - Net Assets
Latest net assets as of September 2025: CN¥3.56 Billion CNY
Based on the latest financial reports, Shandong Jinling Mining Co Ltd (000655) has net assets worth CN¥3.56 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¥4.04 Billion) and total liabilities (CN¥481.38 Million). 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¥3.56 Billion |
| % of Total Assets | 88.08% |
| Annual Growth Rate | 12.99% |
| 5-Year Change | 20.38% |
| 10-Year Change | 6.41% |
| Growth Volatility | 26.44 |
Shandong Jinling Mining Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Shandong Jinling Mining 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 Shandong Jinling Mining Co Ltd (1993–2024)
The table below shows the annual net assets of Shandong Jinling Mining Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.40 Billion | +2.77% |
| 2023-12-31 | CN¥3.31 Billion | +6.63% |
| 2022-12-31 | CN¥3.10 Billion | +6.20% |
| 2021-12-31 | CN¥2.92 Billion | +3.43% |
| 2020-12-31 | CN¥2.82 Billion | +9.01% |
| 2019-12-31 | CN¥2.59 Billion | +7.61% |
| 2018-12-31 | CN¥2.41 Billion | +4.37% |
| 2017-12-31 | CN¥2.31 Billion | -12.15% |
| 2016-12-31 | CN¥2.63 Billion | -17.82% |
| 2015-12-31 | CN¥3.19 Billion | +0.07% |
| 2014-12-31 | CN¥3.19 Billion | +5.20% |
| 2013-12-31 | CN¥3.03 Billion | +7.87% |
| 2012-12-31 | CN¥2.81 Billion | +8.19% |
| 2011-12-31 | CN¥2.60 Billion | +20.28% |
| 2010-12-31 | CN¥2.16 Billion | +29.21% |
| 2009-12-31 | CN¥1.67 Billion | +34.46% |
| 2008-12-31 | CN¥1.24 Billion | +45.57% |
| 2007-12-31 | CN¥854.79 Million | +44.85% |
| 2006-12-31 | CN¥590.13 Million | +112.65% |
| 2005-12-31 | CN¥277.51 Million | -34.67% |
| 2004-12-31 | CN¥424.76 Million | -22.61% |
| 2003-12-31 | CN¥548.83 Million | -0.67% |
| 2002-12-31 | CN¥552.54 Million | +40.17% |
| 2001-12-31 | CN¥394.20 Million | -4.87% |
| 2000-12-31 | CN¥414.38 Million | +43.53% |
| 1999-12-31 | CN¥288.70 Million | +28.98% |
| 1998-12-31 | CN¥223.83 Million | +26.92% |
| 1997-12-31 | CN¥176.35 Million | +29.11% |
| 1996-12-31 | CN¥136.59 Million | +16.15% |
| 1995-12-31 | CN¥117.60 Million | +14.26% |
| 1994-12-31 | CN¥102.92 Million | +33.55% |
| 1993-12-31 | CN¥77.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong Jinling 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 99351.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.93 Billion | 57.48% |
| Common Stock | CN¥595.34 Million | 17.74% |
| Other Components | CN¥831.90 Million | 24.79% |
| Total Equity | CN¥3.36 Billion | 100.00% |
Shandong Jinling Mining Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Jinling Mining Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shahe Industry Co Ltd
SHE:000014
|
$312.36 Million |
|
Topscore Fashion
SHG:603608
|
$312.39 Million |
|
Jiangxi Synergy Pharmaceutical Co Ltd
SHE:300636
|
$312.43 Million |
|
THE REAL BROKERAGE INC.
F:87M
|
$312.50 Million |
|
Shenzhen New Nanshan Holding Group Co Ltd
SHE:002314
|
$312.21 Million |
|
Peugeot Invest SA
PA:PEUG
|
$312.21 Million |
|
Brighton-Best International Taiwan
TWO:8415
|
$312.19 Million |
|
GUOMAI Culture & Media Co. Ltd.
SHE:301052
|
$312.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Jinling Mining Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,267,002,833 to 3,356,350,895, a change of 89,348,062 (2.7%).
- Net income of 203,963,493 contributed positively to equity growth.
- Dividend payments of 114,433,288 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥203.96 Million | +6.08% |
| Dividends Paid | CN¥114.43 Million | -3.41% |
| Other Changes | CN¥-182.14K | -0.01% |
| Total Change | CN¥- | 2.73% |
Book Value vs Market Value Analysis
This analysis compares Shandong Jinling 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: 1.75x
- 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 39.61x to 1.75x 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¥0.25 | CN¥9.85 | x |
| 1996-12-31 | CN¥0.29 | CN¥9.85 | x |
| 1997-12-31 | CN¥0.38 | CN¥9.85 | x |
| 1998-12-31 | CN¥0.49 | CN¥9.85 | x |
| 1999-12-31 | CN¥0.63 | CN¥9.85 | x |
| 2000-12-31 | CN¥0.90 | CN¥9.85 | x |
| 2001-12-31 | CN¥0.90 | CN¥9.85 | x |
| 2002-12-31 | CN¥1.27 | CN¥9.85 | x |
| 2003-12-31 | CN¥1.27 | CN¥9.85 | x |
| 2004-12-31 | CN¥0.92 | CN¥9.85 | x |
| 2005-12-31 | CN¥0.58 | CN¥9.85 | x |
| 2006-12-31 | CN¥1.13 | CN¥9.85 | x |
| 2007-12-31 | CN¥1.66 | CN¥9.85 | x |
| 2008-12-31 | CN¥2.30 | CN¥9.85 | x |
| 2009-12-31 | CN¥2.93 | CN¥9.85 | x |
| 2010-12-31 | CN¥3.64 | CN¥9.85 | x |
| 2011-12-31 | CN¥4.37 | CN¥9.85 | x |
| 2012-12-31 | CN¥4.77 | CN¥9.85 | x |
| 2013-12-31 | CN¥5.07 | CN¥9.85 | x |
| 2014-12-31 | CN¥5.30 | CN¥9.85 | x |
| 2015-12-31 | CN¥6.07 | CN¥9.85 | x |
| 2016-12-31 | CN¥4.38 | CN¥9.85 | x |
| 2017-12-31 | CN¥3.85 | CN¥9.85 | x |
| 2018-12-31 | CN¥4.03 | CN¥9.85 | x |
| 2019-12-31 | CN¥4.33 | CN¥9.85 | x |
| 2020-12-31 | CN¥4.72 | CN¥9.85 | x |
| 2021-12-31 | CN¥4.86 | CN¥9.85 | x |
| 2022-12-31 | CN¥5.15 | CN¥9.85 | x |
| 2023-12-31 | CN¥5.49 | CN¥9.85 | x |
| 2024-12-31 | CN¥5.64 | CN¥9.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Jinling 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): 6.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.20%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.16x
- Recent ROE (6.08%) is above the historical average (5.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 12.47% | 13.76% | 0.34x | 2.70x | CN¥2.60 Million |
| 1996 | 15.17% | 13.36% | 0.38x | 2.99x | CN¥6.33 Million |
| 1997 | 23.47% | 18.18% | 0.43x | 2.98x | CN¥21.53 Million |
| 1998 | 22.77% | 20.08% | 0.40x | 2.82x | CN¥26.43 Million |
| 1999 | 7.25% | 7.46% | 0.29x | 3.33x | CN¥-7.35 Million |
| 2000 | 6.15% | 7.20% | 0.27x | 3.13x | CN¥-14.66 Million |
| 2001 | 6.54% | 8.27% | 0.23x | 3.41x | CN¥-13.13 Million |
| 2002 | 3.36% | 5.91% | 0.19x | 3.06x | CN¥-35.72 Million |
| 2003 | 1.41% | 2.70% | 0.17x | 3.09x | CN¥-46.31 Million |
| 2004 | -37.55% | -99.05% | 0.11x | 3.55x | CN¥-185.92 Million |
| 2005 | -41.15% | -102.49% | 0.08x | 5.31x | CN¥-124.56 Million |
| 2006 | 11.64% | 25.75% | 0.34x | 1.32x | CN¥9.65 Million |
| 2007 | 25.32% | 30.14% | 0.64x | 1.31x | CN¥130.98 Million |
| 2008 | 30.88% | 37.09% | 0.75x | 1.11x | CN¥259.85 Million |
| 2009 | 12.97% | 23.26% | 0.49x | 1.15x | CN¥49.70 Million |
| 2010 | 22.83% | 31.91% | 0.63x | 1.13x | CN¥276.20 Million |
| 2011 | 19.21% | 27.90% | 0.61x | 1.13x | CN¥238.63 Million |
| 2012 | 7.54% | 16.05% | 0.39x | 1.19x | CN¥-69.01 Million |
| 2013 | 8.69% | 15.98% | 0.46x | 1.19x | CN¥-39.56 Million |
| 2014 | 6.61% | 13.58% | 0.42x | 1.16x | CN¥-107.28 Million |
| 2015 | 0.33% | 1.33% | 0.23x | 1.08x | CN¥-306.72 Million |
| 2016 | -21.56% | -89.88% | 0.21x | 1.15x | CN¥-823.51 Million |
| 2017 | -13.79% | -30.30% | 0.39x | 1.16x | CN¥-545.74 Million |
| 2018 | 4.19% | 9.65% | 0.38x | 1.13x | CN¥-139.09 Million |
| 2019 | 6.97% | 13.45% | 0.46x | 1.12x | CN¥-78.15 Million |
| 2020 | 8.20% | 16.06% | 0.46x | 1.11x | CN¥-50.42 Million |
| 2021 | 4.42% | 7.02% | 0.54x | 1.17x | CN¥-161.22 Million |
| 2022 | 6.62% | 14.80% | 0.39x | 1.15x | CN¥-103.67 Million |
| 2023 | 7.20% | 16.18% | 0.39x | 1.15x | CN¥-91.45 Million |
| 2024 | 6.08% | 13.20% | 0.40x | 1.16x | CN¥-131.67 Million |
Industry Comparison
This section compares Shandong Jinling Mining Co Ltd's net assets metrics with peer companies in the Coking Coal industry.
Industry Context
- Industry: Coking Coal
- Average net assets among peers: $4,774,175,582
- Average return on equity (ROE) among peers: -2.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Jinling Mining Co Ltd (000655) | CN¥3.56 Billion | 12.47% | 0.14x | $312.23 Million |
| Shanxi Meijin Energy Co Ltd (000723) | $16.21 Billion | -7.05% | 1.78x | $1.88 Billion |
| Anyuan Coal Industry Group Co Ltd (600397) | $220.36 Million | 19.92% | 1.15x | $2.09 Billion |
| Shanxi Antai Group Co Ltd (600408) | $1.99 Billion | -34.26% | 2.91x | $387.82 Million |
| Fujian Oriental Silver Star Investment Co Ltd (600753) | $320.89 Million | 4.43% | 0.25x | $224.12 Million |
| Yunnan Coal & Energy Co Ltd (600792) | $132.84 Million | 4.93% | 0.76x | $242.15 Million |
| Kailuan Energy Chemical Co Ltd (600997) | $8.13 Billion | -5.13% | 1.50x | $456.73 Million |
| Baotailong New Materials Co Ltd (601011) | $6.42 Billion | 2.52% | 0.60x | $674.59 Million |