Inner Mongolia Dazhong Mining Co Ltd (001203) - Net Assets
Based on the latest financial reports, Inner Mongolia Dazhong Mining Co Ltd (001203) has net assets worth CN¥6.64 Billion CNY (≈ $971.17 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥17.05 Billion ≈ $2.49 Billion USD) and total liabilities (CN¥10.41 Billion ≈ $1.52 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 financial resilience of Inner Mongolia Dazhong Mining Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.64 Billion |
| % of Total Assets | 38.94% |
| Annual Growth Rate | 9.91% |
| 5-Year Change | 190.64% |
| 10-Year Change | 182.38% |
| Growth Volatility | 36.94 |
Inner Mongolia Dazhong Mining Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Inner Mongolia Dazhong Mining Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Inner Mongolia Dazhong Mining Co Ltd (001203) total assets for the complete picture of this company's asset base.
Annual Net Assets for Inner Mongolia Dazhong Mining Co Ltd (2009–2024)
The table below shows the annual net assets of Inner Mongolia Dazhong Mining Co Ltd from 2009 to 2024. For live valuation and market cap data, see Inner Mongolia Dazhong Mining Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.51 Billion ≈ $952.95 Million |
+10.39% |
| 2023-12-31 | CN¥5.90 Billion ≈ $863.27 Million |
-4.93% |
| 2022-12-31 | CN¥6.21 Billion ≈ $908.05 Million |
+24.30% |
| 2021-12-31 | CN¥4.99 Billion ≈ $730.55 Million |
+122.81% |
| 2020-12-31 | CN¥2.24 Billion ≈ $327.88 Million |
+36.12% |
| 2019-12-31 | CN¥1.65 Billion ≈ $240.87 Million |
+16.74% |
| 2018-12-31 | CN¥1.41 Billion ≈ $206.32 Million |
+9.16% |
| 2017-12-31 | CN¥1.29 Billion ≈ $189.00 Million |
-45.86% |
| 2013-12-31 | CN¥2.39 Billion ≈ $349.10 Million |
+3.45% |
| 2012-12-31 | CN¥2.31 Billion ≈ $337.47 Million |
+11.74% |
| 2011-12-31 | CN¥2.06 Billion ≈ $302.00 Million |
+14.70% |
| 2010-12-31 | CN¥1.80 Billion ≈ $263.29 Million |
+13.97% |
| 2009-12-31 | CN¥1.58 Billion ≈ $231.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Inner Mongolia Dazhong 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 1908.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.25 Billion | 49.92% |
| Common Stock | CN¥1.51 Billion | 23.16% |
| Other Components | CN¥1.75 Billion | 26.92% |
| Total Equity | CN¥6.51 Billion | 100.00% |
Inner Mongolia Dazhong Mining Co Ltd Competitors by Market Cap
The table below lists competitors of Inner Mongolia Dazhong Mining Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aeroports de Paris SA
PA:ADP
|
$11.74 Billion |
|
Dycom Industries Inc
NYSE:DY
|
$11.74 Billion |
|
King Slide Works Co Ltd
TW:2059
|
$11.74 Billion |
|
Chocoladefabriken Lindt & Spruengli AG Part
SW:LISP
|
$11.74 Billion |
|
Hormel Foods Corporation
NYSE:HRL
|
$11.73 Billion |
|
ASAHI KASEI CORP. ADR/2
F:ASA
|
$11.73 Billion |
|
Gen Digital Inc.
NASDAQ:GEN
|
$11.73 Billion |
|
iA Financial Corporation Inc
TO:IAG
|
$11.73 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inner Mongolia Dazhong Mining Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,898,044,920 to 6,512,296,186, a change of 614,251,266 (10.4%).
- Net income of 751,262,033 contributed positively to equity growth.
- Dividend payments of 328,272,328 reduced retained earnings.
- Share repurchases of 1,265,565 reduced equity.
- Other factors increased equity by 192,527,126.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥751.26 Million | +11.54% |
| Dividends Paid | CN¥328.27 Million | -5.04% |
| Share Repurchases | CN¥1.27 Million | -0.02% |
| Other Changes | CN¥192.53 Million | +2.96% |
| Total Change | CN¥- | 10.41% |
Book Value vs Market Value Analysis
This analysis compares Inner Mongolia Dazhong 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: 11.83x
- 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 34.93x to 11.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥1.50 | CN¥52.31 | x |
| 2010-12-31 | CN¥1.40 | CN¥52.31 | x |
| 2011-12-31 | CN¥1.60 | CN¥52.31 | x |
| 2012-12-31 | CN¥1.78 | CN¥52.31 | x |
| 2013-12-31 | CN¥1.85 | CN¥52.31 | x |
| 2017-12-31 | CN¥0.96 | CN¥52.31 | x |
| 2018-12-31 | CN¥1.08 | CN¥52.31 | x |
| 2019-12-31 | CN¥1.09 | CN¥52.31 | x |
| 2020-12-31 | CN¥1.49 | CN¥52.31 | x |
| 2021-12-31 | CN¥3.31 | CN¥52.31 | x |
| 2022-12-31 | CN¥4.11 | CN¥52.31 | x |
| 2023-12-31 | CN¥3.93 | CN¥52.31 | x |
| 2024-12-31 | CN¥4.42 | CN¥52.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inner Mongolia Dazhong 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): 11.54%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.55%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.37x
- Recent ROE (11.54%) is below the historical average (18.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 6.82% | 16.52% | 0.14x | 3.02x | CN¥-50.14 Million |
| 2010 | 17.65% | 26.09% | 0.21x | 3.18x | CN¥137.66 Million |
| 2011 | 29.54% | 25.26% | 0.35x | 3.32x | CN¥403.31 Million |
| 2012 | 10.14% | 11.75% | 0.27x | 3.20x | CN¥3.13 Million |
| 2013 | 11.64% | 12.41% | 0.28x | 3.31x | CN¥39.00 Million |
| 2017 | 10.39% | 9.70% | 0.19x | 5.73x | CN¥5.00 Million |
| 2018 | 14.82% | 13.61% | 0.22x | 5.06x | CN¥68.08 Million |
| 2019 | 25.77% | 16.54% | 0.35x | 4.41x | CN¥259.82 Million |
| 2020 | 26.42% | 23.71% | 0.34x | 3.31x | CN¥367.98 Million |
| 2021 | 32.55% | 33.20% | 0.59x | 1.67x | CN¥1.13 Billion |
| 2022 | 17.62% | 26.30% | 0.38x | 1.77x | CN¥472.74 Million |
| 2023 | 19.35% | 28.51% | 0.28x | 2.38x | CN¥551.47 Million |
| 2024 | 11.54% | 19.55% | 0.25x | 2.37x | CN¥100.03 Million |
Industry Comparison
This section compares Inner Mongolia Dazhong Mining Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $18,341,907,133
- Average return on equity (ROE) among peers: 13.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Inner Mongolia Dazhong Mining Co Ltd (001203) | CN¥6.64 Billion | 6.82% | 1.57x | $11.74 Billion |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $968.48 Million | 8.30% | 2.28x | $11.26 Billion |
| HBIS Co Ltd (000709) | $8.28 Billion | 16.01% | 1.31x | $3.52 Billion |
| Sgis Songshan Co Ltd (000717) | $9.51 Billion | 19.57% | 0.87x | $879.62 Million |
| Bengang Steel Plates Co Ltd (000761) | $4.90 Billion | 14.93% | 0.60x | $1.60 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $21.71 Billion | 9.68% | 1.39x | $2.67 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $17.66 Billion | 24.06% | 2.27x | $3.54 Billion |
| Jiangsu Fasten Co Ltd (000890) | $515.93 Million | 10.12% | 0.40x | $961.31 Million |
| Angang Steel Co Ltd Class A (000898) | $54.26 Billion | 13.87% | 0.60x | $2.67 Billion |
| Hunan Valin Steel Co Ltd (000932) | $57.59 Billion | 11.08% | 1.08x | $4.69 Billion |
| Beijing Shougang Co Ltd (000959) | $8.03 Billion | 7.94% | 1.27x | $5.17 Billion |
About Inner Mongolia Dazhong Mining Co Ltd
Dazhong Mining Co., Ltd. engages in the mining and dressing of iron ore. The company offers iron ore concentrate, pellets, machine-made sand, and gravel. The company was formerly known as Inner Mongolia Dazhong Mining Co., Ltd. and changed its name to Dazhong Mining Co., Ltd. in August 2024. The company was founded in 1999 and is headquartered in Baotou City, the People's Republic of China.