Sichuan Rongda Gold Co. Ltd. Cl A
Sichuan Gold Co., Ltd. engages in the gold mining business. It also offers mineral products and mining machinery, and consulting and after-sales services for mineral and engineering geology, and geological exploration. The company also provides gold concentrate powder and alloy gold. The company was formerly known as Sichuan Rongda Gold Co., Ltd. and changed its name to Sichuan Gold Co., Ltd. in … Read more
Sichuan Rongda Gold Co. Ltd. Cl A (001337) - Net Assets
Latest net assets as of June 2025: CN¥1.57 Billion CNY
Based on the latest financial reports, Sichuan Rongda Gold Co. Ltd. Cl A (001337) has net assets worth CN¥1.57 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.13 Billion) and total liabilities (CN¥557.91 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¥1.57 Billion |
| % of Total Assets | 73.82% |
| Annual Growth Rate | 31.48% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 22.15 |
Sichuan Rongda Gold Co. Ltd. Cl A - Net Assets Trend (2021–2024)
This chart illustrates how Sichuan Rongda Gold Co. Ltd. Cl A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sichuan Rongda Gold Co. Ltd. Cl A (2021–2024)
The table below shows the annual net assets of Sichuan Rongda Gold Co. Ltd. Cl A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.46 Billion | +7.45% |
| 2023-12-31 | CN¥1.36 Billion | +61.55% |
| 2022-12-31 | CN¥840.26 Million | +30.97% |
| 2021-12-31 | CN¥641.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sichuan Rongda Gold Co. Ltd. Cl A'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 234.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥507.36 Million | 34.78% |
| Other Components | CN¥951.24 Million | 65.22% |
| Total Equity | CN¥1.46 Billion | 100.00% |
Sichuan Rongda Gold Co. Ltd. Cl A Competitors by Market Cap
The table below lists competitors of Sichuan Rongda Gold Co. Ltd. Cl A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KPIT Technologies Limited
NSE:KPITTECH
|
$1.19 Billion |
|
Sanxiang Advanced Materials
SHG:603663
|
$1.19 Billion |
|
Bodycote plc
PINK:BYPLF
|
$1.19 Billion |
|
HUTCHMED (CHINA) LS-1
F:H7T2
|
$1.19 Billion |
|
China Railway Hi-tech Industry Corp Ltd
SHG:600528
|
$1.19 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
$1.19 Billion |
|
Port of Tauranga Limited
OTCGREY:PTAUF
|
$1.19 Billion |
|
Huada Automotive Tech Corp Ltd
SHG:603358
|
$1.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Rongda Gold Co. Ltd. Cl A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,357,410,076 to 1,458,600,323, a change of 101,190,248 (7.5%).
- Net income of 248,190,248 contributed positively to equity growth.
- Dividend payments of 147,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥248.19 Million | +17.02% |
| Dividends Paid | CN¥147.00 Million | -10.08% |
| Other Changes | CN¥0.00 | +0.0% |
| Total Change | CN¥- | 7.45% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Rongda Gold Co. Ltd. Cl A'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: 15.47x
- 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 30.15x to 15.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥1.78 | CN¥53.74 | x |
| 2022-12-31 | CN¥2.33 | CN¥53.74 | x |
| 2023-12-31 | CN¥3.23 | CN¥53.74 | x |
| 2024-12-31 | CN¥3.47 | CN¥53.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Rongda Gold Co. Ltd. Cl A 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): 17.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.79%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.37x
- Recent ROE (17.02%) is below the historical average (20.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 23.91% | 29.17% | 0.44x | 1.86x | CN¥89.23 Million |
| 2022 | 23.65% | 42.05% | 0.35x | 1.62x | CN¥114.66 Million |
| 2023 | 15.54% | 33.53% | 0.34x | 1.36x | CN¥75.18 Million |
| 2024 | 17.02% | 38.79% | 0.32x | 1.37x | CN¥102.33 Million |
Industry Comparison
This section compares Sichuan Rongda Gold Co. Ltd. Cl A's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $20,496,627,244
- Average return on equity (ROE) among peers: 15.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Rongda Gold Co. Ltd. Cl A (001337) | CN¥1.57 Billion | 23.91% | 0.35x | $1.19 Billion |
| Zhongjin Gold Corp Ltd (600489) | $10.10 Billion | 17.99% | 0.87x | $10.35 Billion |
| Shandong Gold Mining Co Ltd (600547) | $2.43 Billion | 26.22% | 0.73x | $16.11 Billion |
| Chifeng Jilong Gold Mining Co Ltd (600988) | $10.72 Billion | 16.45% | 0.90x | $7.99 Billion |
| Western Gold Co Ltd (601069) | $4.64 Billion | 6.24% | 0.64x | $1.28 Billion |
| Zijin Mining Group Co Ltd Class A (601899) | $74.60 Billion | 8.73% | 1.44x | $99.09 Billion |