Yunnan Tin Co Ltd

SHE:000960 China Other Industrial Metals & Mining
Market Cap
$8.27 Billion
CN¥60.71 Billion CNY
Market Cap Rank
#2940 Global
#214 in China
Share Price
CN¥36.89
Change (1 day)
-3.63%
52-Week Range
CN¥13.38 - CN¥48.80
All Time High
CN¥48.80
Categories
Companies in China Other Industrial Metals & Mining
About

Yunnan Tin Company Limited, together with its subsidiaries, engages in the exploration, mining, beneficiation, and smelting of metal ores, such as tin, copper, zinc, and indium in China and internationally. The company offers Copper products, including cathode copper; precious metals, such as indium and silver ingots; and bismuth ingots, sulfuric acid, and copper sulfate. It also provides tin che… Read more

Yunnan Tin Co Ltd (000960) - Net Assets

Latest net assets as of September 2025: CN¥21.11 Billion CNY

Based on the latest financial reports, Yunnan Tin Co Ltd (000960) has net assets worth CN¥21.11 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¥36.70 Billion) and total liabilities (CN¥15.59 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¥21.11 Billion
% of Total Assets 57.52%
Annual Growth Rate 18.77%
5-Year Change 52.09%
10-Year Change 153.18%
Growth Volatility 45.44

Yunnan Tin Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Yunnan Tin 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 Yunnan Tin Co Ltd (1996–2024)

The table below shows the annual net assets of Yunnan Tin Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥21.92 Billion +16.52%
2023-12-31 CN¥18.81 Billion +8.59%
2022-12-31 CN¥17.32 Billion +1.16%
2021-12-31 CN¥17.12 Billion +18.82%
2020-12-31 CN¥14.41 Billion +4.74%
2019-12-31 CN¥13.76 Billion -0.93%
2018-12-31 CN¥13.89 Billion +16.13%
2017-12-31 CN¥11.96 Billion +33.67%
2016-12-31 CN¥8.95 Billion +3.34%
2015-12-31 CN¥8.66 Billion -19.12%
2014-12-31 CN¥10.70 Billion +51.68%
2013-12-31 CN¥7.06 Billion +59.28%
2012-12-31 CN¥4.43 Billion -14.65%
2011-12-31 CN¥5.19 Billion +12.74%
2010-12-31 CN¥4.60 Billion +81.77%
2009-12-31 CN¥2.53 Billion +4.07%
2008-12-31 CN¥2.43 Billion +4.37%
2007-12-31 CN¥2.33 Billion +31.50%
2006-12-31 CN¥1.77 Billion +3.25%
2005-12-31 CN¥1.72 Billion +11.55%
2004-12-31 CN¥1.54 Billion +27.26%
2003-12-31 CN¥1.21 Billion +4.04%
2002-12-31 CN¥1.16 Billion +0.10%
2001-12-31 CN¥1.16 Billion -0.03%
2000-12-31 CN¥1.16 Billion +5.59%
1999-12-31 CN¥1.10 Billion +229.91%
1998-12-31 CN¥333.53 Million +53.30%
1997-12-31 CN¥217.57 Million +22.78%
1996-12-31 CN¥177.21 Million --

Equity Component Analysis

This analysis shows how different components contribute to Yunnan Tin 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 815544543700.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥8.16 Billion 39.12%
Common Stock CN¥1.65 Billion 7.89%
Other Comprehensive Income CN¥2.06 Billion 9.89%
Other Components CN¥8.98 Billion 43.10%
Total Equity CN¥20.85 Billion 100.00%

Yunnan Tin Co Ltd Competitors by Market Cap

The table below lists competitors of Yunnan Tin Co Ltd ranked by their market capitalization.

Company Market Cap
Tokyo Electric Power Co
PINK:TKECY
 		$4.62 Billion
Lemonade Inc
NYSE:LMND
 		$4.62 Billion
Jfrog Ltd
NASDAQ:FROG
 		$4.62 Billion
Loral Space & Communications Inc
TO:LORL
 		$4.62 Billion
New Jersey Resources Corporation
F:NJ1
 		$4.62 Billion
Canadian Utilities Limited
PINK:CUTLF
 		$4.62 Billion
Kingdee International Software Group Company Limited
PINK:KGDEF
 		$4.61 Billion
Tianshui Huatian Technology Co Ltd
SHE:002185
 		$4.61 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 17,790,292,055 to 20,847,636,072, a change of 3,057,344,017 (17.2%).
  • Net income of 1,444,234,050 contributed positively to equity growth.
  • Dividend payments of 848,086,477 reduced retained earnings.
  • Other comprehensive income increased equity by 2,066,601,954.
  • Other factors increased equity by 394,594,490.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.44 Billion +6.93%
Dividends Paid CN¥848.09 Million -4.07%
Other Comprehensive Income CN¥2.07 Billion +9.91%
Other Changes CN¥394.59 Million +1.89%
Total Change CN¥- 17.19%

Book Value vs Market Value Analysis

This analysis compares Yunnan Tin 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: 3.00x
  • 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 147.52x to 3.00x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CN¥0.25 CN¥36.89 x
1997-12-31 CN¥0.31 CN¥36.89 x
1998-12-31 CN¥0.47 CN¥36.89 x
1999-12-31 CN¥1.55 CN¥36.89 x
2000-12-31 CN¥1.64 CN¥36.89 x
2001-12-31 CN¥1.64 CN¥36.89 x
2002-12-31 CN¥1.63 CN¥36.89 x
2003-12-31 CN¥1.70 CN¥36.89 x
2004-12-31 CN¥2.16 CN¥36.89 x
2005-12-31 CN¥2.41 CN¥36.89 x
2006-12-31 CN¥2.49 CN¥36.89 x
2007-12-31 CN¥3.88 CN¥36.89 x
2008-12-31 CN¥3.41 CN¥36.89 x
2009-12-31 CN¥3.05 CN¥36.89 x
2010-12-31 CN¥5.24 CN¥36.89 x
2011-12-31 CN¥5.70 CN¥36.89 x
2012-12-31 CN¥4.85 CN¥36.89 x
2013-12-31 CN¥6.71 CN¥36.89 x
2014-12-31 CN¥6.38 CN¥36.89 x
2015-12-31 CN¥5.21 CN¥36.89 x
2016-12-31 CN¥5.34 CN¥36.89 x
2017-12-31 CN¥6.95 CN¥36.89 x
2018-12-31 CN¥7.03 CN¥36.89 x
2019-12-31 CN¥7.32 CN¥36.89 x
2020-12-31 CN¥7.69 CN¥36.89 x
2021-12-31 CN¥9.43 CN¥36.89 x
2022-12-31 CN¥9.96 CN¥36.89 x
2023-12-31 CN¥10.81 CN¥36.89 x
2024-12-31 CN¥12.31 CN¥36.89 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Yunnan Tin 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): 6.93%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.44%
  • • Asset Turnover: 1.15x
  • • Equity Multiplier: 1.76x
  • Recent ROE (6.93%) is below the historical average (9.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 44.96% 7.64% 1.77x 3.33x CN¥61.95 Million
1997 47.39% 10.21% 1.51x 3.08x CN¥81.35 Million
1998 31.31% 10.44% 1.19x 2.53x CN¥71.08 Million
1999 9.13% 9.06% 0.68x 1.48x CN¥-9.59 Million
2000 8.37% 8.17% 0.62x 1.64x CN¥-18.91 Million
2001 1.25% 1.27% 0.55x 1.79x CN¥-101.60 Million
2002 0.10% 0.09% 0.54x 1.95x CN¥-114.38 Million
2003 3.81% 2.82% 0.69x 1.95x CN¥-74.51 Million
2004 21.92% 11.02% 1.06x 1.87x CN¥182.36 Million
2005 16.69% 7.87% 1.16x 1.83x CN¥114.29 Million
2006 12.04% 4.41% 1.13x 2.42x CN¥36.01 Million
2007 25.20% 6.92% 1.22x 2.98x CN¥352.93 Million
2008 0.31% 0.08% 1.33x 2.83x CN¥-235.35 Million
2009 3.89% 1.38% 0.97x 2.92x CN¥-154.70 Million
2010 7.23% 3.59% 0.82x 2.46x CN¥-127.76 Million
2011 12.75% 5.13% 0.78x 3.20x CN¥141.89 Million
2012 1.32% 0.36% 0.68x 5.44x CN¥-382.00 Million
2013 -19.09% -6.12% 0.97x 3.23x CN¥-2.04 Billion
2014 1.43% 0.48% 0.96x 3.09x CN¥-804.57 Million
2015 -25.70% -6.34% 1.13x 3.60x CN¥-2.74 Billion
2016 1.73% 0.41% 1.18x 3.62x CN¥-649.54 Million
2017 6.61% 2.05% 1.13x 2.86x CN¥-362.06 Million
2018 7.58% 2.23% 1.16x 2.93x CN¥-282.67 Million
2019 7.00% 1.98% 1.22x 2.90x CN¥-363.43 Million
2020 5.45% 1.54% 1.20x 2.96x CN¥-575.72 Million
2021 18.15% 5.23% 1.31x 2.64x CN¥1.27 Billion
2022 8.21% 2.59% 1.42x 2.24x CN¥-292.70 Million
2023 7.92% 3.32% 1.14x 2.08x CN¥-370.67 Million
2024 6.93% 3.44% 1.15x 1.76x CN¥-640.53 Million

Industry Comparison

This section compares Yunnan Tin 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: $4,303,610,407
  • Average return on equity (ROE) among peers: -3.72%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Yunnan Tin Co Ltd (000960) CN¥21.11 Billion 44.96% 0.74x $4.62 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
Guocheng Mining Co Ltd (000688) $1.04 Billion 2.34% 0.72x $1.64 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