Guocheng Mining Co Ltd

SHE:000688 China Other Industrial Metals & Mining
Market Cap
$5.63 Billion
CN¥41.34 Billion CNY
Market Cap Rank
#5539 Global
#725 in China
Share Price
CN¥34.88
Change (1 day)
-3.19%
52-Week Range
CN¥10.24 - CN¥37.39
All Time High
CN¥37.39
Categories
Companies in China Other Industrial Metals & Mining
About

GuoCheng Mining CO.,LTD engages in the mining and exploration of mineral resources, and nonferrous and ferrous metals. The company's products include zinc, lead, silver, copper, and sulfur concentrates, as well as pyrite powders, industrial sulfuric acid, secondary iron concentrates, etc. The company also engages in the trading of non-ferrous metal mineral products; and precious and rare metals, … Read more

Guocheng Mining Co Ltd (000688) - Net Assets

Latest net assets as of September 2025: CN¥3.47 Billion CNY

Based on the latest financial reports, Guocheng Mining Co Ltd (000688) has net assets worth CN¥3.47 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¥8.41 Billion) and total liabilities (CN¥4.95 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¥3.47 Billion
% of Total Assets 41.18%
Annual Growth Rate 13.89%
5-Year Change 41.9%
10-Year Change 129.61%
Growth Volatility 55.53

Guocheng Mining Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Guocheng 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 Guocheng Mining Co Ltd (1993–2024)

The table below shows the annual net assets of Guocheng Mining Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.43 Billion +4.59%
2023-12-31 CN¥3.28 Billion +1.66%
2022-12-31 CN¥3.23 Billion +7.57%
2021-12-31 CN¥3.00 Billion +24.06%
2020-12-31 CN¥2.42 Billion +13.43%
2019-12-31 CN¥2.13 Billion -8.96%
2018-12-31 CN¥2.34 Billion +6.83%
2017-12-31 CN¥2.19 Billion +23.70%
2016-12-31 CN¥1.77 Billion +18.57%
2015-12-31 CN¥1.49 Billion +23.90%
2014-12-31 CN¥1.21 Billion +24.19%
2013-12-31 CN¥971.17 Million +1170.80%
2012-12-31 CN¥-90.70 Million -26.31%
2011-12-31 CN¥-71.81 Million +2.56%
2010-12-31 CN¥-73.69 Million +62.01%
2009-12-31 CN¥-193.96 Million -7.33%
2008-12-31 CN¥-180.72 Million -4.29%
2007-12-31 CN¥-173.28 Million +87.34%
2006-12-31 CN¥-1.37 Billion -66.27%
2005-12-31 CN¥-823.22 Million -201.83%
2004-12-31 CN¥808.43 Million -26.40%
2003-12-31 CN¥1.10 Billion +4.32%
2002-12-31 CN¥1.05 Billion +0.98%
2001-12-31 CN¥1.04 Billion +103.85%
2000-12-31 CN¥511.55 Million +20.03%
1999-12-31 CN¥426.17 Million +7.53%
1998-12-31 CN¥396.34 Million +67.95%
1997-12-31 CN¥235.99 Million +24.51%
1996-12-31 CN¥189.53 Million +113.53%
1995-12-31 CN¥88.76 Million +17.13%
1994-12-31 CN¥75.78 Million +24.67%
1993-12-31 CN¥60.79 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guocheng 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 99953570300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥999.54 Million 33.42%
Common Stock CN¥1.13 Billion 37.63%
Other Components CN¥865.62 Million 28.95%
Total Equity CN¥2.99 Billion 100.00%

Guocheng Mining Co Ltd Competitors by Market Cap

The table below lists competitors of Guocheng Mining Co Ltd ranked by their market capitalization.

Company Market Cap
KEIHAN HOLDINGS CO. LTD.
F:59X
 		$1.64 Billion
Red Cat Holdings Inc
NASDAQ:RCAT
 		$1.64 Billion
Braze Inc
NASDAQ:BRZE
 		$1.64 Billion
Hanjinkal
KO:180640
 		$1.64 Billion
Xiamen Amoytop Biotech Co Ltd
SHG:688278
 		$1.64 Billion
CompoSecure, Inc.
NYSE:CMPO
 		$1.63 Billion
National Storage Affiliates Tru
NYSE:NSA-PB
 		$1.63 Billion
Poco Holding Co Ltd
SHE:300811
 		$1.63 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guocheng Mining Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,940,938,363 to 2,990,550,956, a change of 49,612,593 (1.7%).
  • Net loss of 112,579,266 reduced equity.
  • Dividend payments of 132,223,903 reduced retained earnings.
  • Other factors increased equity by 294,415,762.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-112.58 Million -3.76%
Dividends Paid CN¥132.22 Million -4.42%
Other Changes CN¥294.42 Million +9.84%
Total Change CN¥- 1.69%

Book Value vs Market Value Analysis

This analysis compares Guocheng 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: 12.94x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 199.80x to 12.94x 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¥0.17 CN¥34.88 x
1994-12-31 CN¥0.20 CN¥34.88 x
1995-12-31 CN¥0.24 CN¥34.88 x
1996-12-31 CN¥0.52 CN¥34.88 x
1997-12-31 CN¥0.62 CN¥34.88 x
1998-12-31 CN¥1.07 CN¥34.88 x
1999-12-31 CN¥1.15 CN¥34.88 x
2000-12-31 CN¥1.33 CN¥34.88 x
2001-12-31 CN¥2.80 CN¥34.88 x
2002-12-31 CN¥2.84 CN¥34.88 x
2003-12-31 CN¥2.85 CN¥34.88 x
2004-12-31 CN¥2.02 CN¥34.88 x
2005-12-31 CN¥-2.37 CN¥34.88 x
2006-12-31 CN¥-3.93 CN¥34.88 x
2007-12-31 CN¥-0.50 CN¥34.88 x
2008-12-31 CN¥-0.52 CN¥34.88 x
2009-12-31 CN¥-0.48 CN¥34.88 x
2010-12-31 CN¥-0.18 CN¥34.88 x
2011-12-31 CN¥-0.18 CN¥34.88 x
2012-12-31 CN¥-0.23 CN¥34.88 x
2013-12-31 CN¥0.86 CN¥34.88 x
2014-12-31 CN¥1.06 CN¥34.88 x
2015-12-31 CN¥1.31 CN¥34.88 x
2016-12-31 CN¥1.54 CN¥34.88 x
2017-12-31 CN¥1.91 CN¥34.88 x
2018-12-31 CN¥2.06 CN¥34.88 x
2019-12-31 CN¥1.92 CN¥34.88 x
2020-12-31 CN¥2.21 CN¥34.88 x
2021-12-31 CN¥2.37 CN¥34.88 x
2022-12-31 CN¥2.51 CN¥34.88 x
2023-12-31 CN¥2.59 CN¥34.88 x
2024-12-31 CN¥2.70 CN¥34.88 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guocheng 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): -3.76%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -5.87%
  • • Asset Turnover: 0.21x
  • • Equity Multiplier: 3.10x
  • Recent ROE (-3.76%) is below the historical average (6.95%), 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 17.70% 27.17% 0.35x 1.88x CN¥4.68 Million
1994 11.94% 24.53% 0.19x 2.50x CN¥1.34 Million
1995 10.89% 24.07% 0.19x 2.36x CN¥729.35K
1996 12.26% 23.41% 0.32x 1.65x CN¥4.13 Million
1997 14.87% 26.33% 0.24x 2.35x CN¥10.48 Million
1998 8.83% 23.67% 0.19x 2.00x CN¥-4.34 Million
1999 10.68% 24.06% 0.19x 2.36x CN¥2.72 Million
2000 17.70% 90.46% 0.06x 3.18x CN¥35.65 Million
2001 2.50% 11.11% 0.12x 1.84x CN¥-73.06 Million
2002 1.65% 1.57% 0.47x 2.23x CN¥-82.67 Million
2003 1.01% 0.67% 0.52x 2.90x CN¥-89.31 Million
2004 -39.23% -15.13% 0.71x 3.67x CN¥-346.31 Million
2005 0.00% -234.43% 0.80x 0.00x CN¥-1.45 Billion
2006 0.00% -2133.76% 0.11x 0.00x CN¥-340.00 Million
2007 0.00% 7262.75% 10.45x 0.00x CN¥1.09 Billion
2008 0.00% 0.00% 0.00x 0.00x CN¥2.64 Million
2009 0.00% 0.00% 0.00x 0.00x CN¥6.15 Million
2010 0.00% 0.00% 0.00x 0.00x CN¥-14.36 Million
2011 0.00% 13.41% 0.54x 0.00x CN¥9.07 Million
2012 0.00% 36.40% 63.93x 0.00x CN¥241.41 Million
2013 28.97% 42.02% 0.59x 1.18x CN¥184.27 Million
2014 26.75% 32.69% 0.60x 1.36x CN¥202.00 Million
2015 19.36% 26.44% 0.57x 1.29x CN¥139.42 Million
2016 13.39% 21.03% 0.57x 1.12x CN¥59.38 Million
2017 18.99% 33.25% 0.52x 1.09x CN¥195.28 Million
2018 17.30% 33.04% 0.47x 1.12x CN¥170.89 Million
2019 8.02% 16.74% 0.38x 1.25x CN¥-42.31 Million
2020 6.09% 16.21% 0.25x 1.48x CN¥-94.64 Million
2021 7.99% 12.14% 0.31x 2.11x CN¥-52.18 Million
2022 6.50% 11.98% 0.20x 2.72x CN¥-100.03 Million
2023 2.13% 5.24% 0.14x 2.98x CN¥-231.38 Million
2024 -3.76% -5.87% 0.21x 3.10x CN¥-411.63 Million

Industry Comparison

This section compares Guocheng Mining Co Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $4,384,743,101
  • Average return on equity (ROE) among peers: -2.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guocheng Mining Co Ltd (000688) CN¥3.47 Billion 17.70% 1.43x $1.64 Billion
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) $12.84 Billion 7.75% 0.90x $2.31 Billion
Shengda Mining Co Ltd (000603) $137.02 Million -70.66% 1.02x $2.08 Billion
Pangang Group Vanadium Titanium & Resources Co Ltd (000629) $8.87 Billion 10.35% 1.29x $2.61 Billion
China Tungsten and Hightech Materials Co Ltd (000657) $5.63 Billion 9.36% 0.74x $11.02 Billion
Huludao Zinc Industry Co Ltd (000751) $-3.38 Billion 0.00% 0.00x $885.40 Million
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) $8.99 Billion 0.24% 1.46x $1.24 Billion
Tibet Mineral Development Co Ltd (000762) $2.60 Billion 5.40% 0.11x $1.57 Billion
Innuovo Technology Co Ltd Class A (000795) $2.00 Billion 1.73% 0.26x $694.51 Million
Yunnan Tin Co Ltd (000960) $1.77 Billion 11.99% 1.41x $4.62 Billion