Shandong Jinling Mining Co Ltd

SHE:000655 China Coking Coal
Market Cap
$799.22 Million
CN¥5.86 Billion CNY
Market Cap Rank
#12624 Global
#3150 in China
Share Price
CN¥9.85
Change (1 day)
-1.20%
52-Week Range
CN¥5.96 - CN¥11.37
All Time High
CN¥11.97
About

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.

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