Chongqing Shunbo Aluminum Co Ltd
Chongqing Shunbo Aluminum Co.,Ltd. engages in the production and sale of recycled aluminum alloy ingots in China. The company operates through Cast aluminum alloy, Deformed aluminum alloy, and Aluminum ash hazardous waste disposal segments. Its products are used for aluminum alloy castings and die-castings in the automobile, motorcycle, mechanical equipment, communication equipment, electronic ap… Read more
Chongqing Shunbo Aluminum Co Ltd (002996) - Net Assets
Latest net assets as of September 2025: CN¥3.36 Billion CNY
Based on the latest financial reports, Chongqing Shunbo Aluminum Co Ltd (002996) has net assets worth CN¥3.36 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¥15.26 Billion) and total liabilities (CN¥11.89 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¥3.36 Billion |
| % of Total Assets | 22.04% |
| Annual Growth Rate | 21.46% |
| 5-Year Change | 57.57% |
| 10-Year Change | 375.77% |
| Growth Volatility | 14.91 |
Chongqing Shunbo Aluminum Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Chongqing Shunbo Aluminum 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 Chongqing Shunbo Aluminum Co Ltd (2006–2024)
The table below shows the annual net assets of Chongqing Shunbo Aluminum Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.21 Billion | +21.74% |
| 2023-12-31 | CN¥2.63 Billion | +0.91% |
| 2022-12-31 | CN¥2.61 Billion | +11.70% |
| 2021-12-31 | CN¥2.34 Billion | +14.83% |
| 2020-12-31 | CN¥2.03 Billion | +48.48% |
| 2019-12-31 | CN¥1.37 Billion | +11.18% |
| 2018-12-31 | CN¥1.23 Billion | +25.45% |
| 2017-12-31 | CN¥982.62 Million | +18.76% |
| 2016-12-31 | CN¥827.40 Million | +22.77% |
| 2015-12-31 | CN¥673.92 Million | +22.72% |
| 2014-12-31 | CN¥549.17 Million | +10.72% |
| 2013-12-31 | CN¥496.01 Million | +13.80% |
| 2012-12-31 | CN¥435.86 Million | +13.83% |
| 2011-12-31 | CN¥382.92 Million | +34.62% |
| 2010-12-31 | CN¥284.45 Million | +14.50% |
| 2009-12-31 | CN¥248.43 Million | +9.52% |
| 2008-12-31 | CN¥226.82 Million | +54.55% |
| 2007-12-31 | CN¥146.76 Million | +51.47% |
| 2006-12-31 | CN¥96.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chongqing Shunbo Aluminum 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 10250.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.28 Billion | 40.17% |
| Common Stock | CN¥669.44 Million | 21.03% |
| Other Components | CN¥1.23 Billion | 38.79% |
| Total Equity | CN¥3.18 Billion | 100.00% |
Chongqing Shunbo Aluminum Co Ltd Competitors by Market Cap
The table below lists competitors of Chongqing Shunbo Aluminum Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Luyan Pharma Co Ltd
SHE:002788
|
$450.11 Million |
|
SIPEF SA (POST SPLIT)
F:BZ3
|
$450.18 Million |
|
Teyi Pharmaceutical Group Co Ltd
SHE:002728
|
$450.20 Million |
|
Investis Holding SA
SW:IREN
|
$450.20 Million |
|
The Hongkong and Shanghai Hotels Limited
F:HSG
|
$449.80 Million |
|
Vishay Precision Group Inc
NYSE:VPG
|
$449.70 Million |
|
Internacional de Cerámica S.A.B. de C.V
MX:CERAMICB
|
$449.64 Million |
|
Armada Hflr Pr
NYSE:AHH
|
$449.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing Shunbo Aluminum Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,578,001,710 to 3,182,677,070, a change of 604,675,360 (23.5%).
- Net income of 65,024,468 contributed positively to equity growth.
- Dividend payments of 120,700,269 reduced retained earnings.
- Other comprehensive income decreased equity by 242,825,418.
- Other factors increased equity by 903,176,579.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥65.02 Million | +2.04% |
| Dividends Paid | CN¥120.70 Million | -3.79% |
| Other Comprehensive Income | CN¥-242.83 Million | -7.63% |
| Other Changes | CN¥903.18 Million | +28.38% |
| Total Change | CN¥- | 23.46% |
Book Value vs Market Value Analysis
This analysis compares Chongqing Shunbo Aluminum 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: 1.57x
- 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 34.80x to 1.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.22 | CN¥7.68 | x |
| 2007-12-31 | CN¥0.33 | CN¥7.68 | x |
| 2008-12-31 | CN¥0.51 | CN¥7.68 | x |
| 2009-12-31 | CN¥0.56 | CN¥7.68 | x |
| 2010-12-31 | CN¥0.64 | CN¥7.68 | x |
| 2011-12-31 | CN¥0.84 | CN¥7.68 | x |
| 2012-12-31 | CN¥0.97 | CN¥7.68 | x |
| 2013-12-31 | CN¥1.44 | CN¥7.68 | x |
| 2014-12-31 | CN¥1.53 | CN¥7.68 | x |
| 2015-12-31 | CN¥1.86 | CN¥7.68 | x |
| 2016-12-31 | CN¥2.14 | CN¥7.68 | x |
| 2017-12-31 | CN¥2.49 | CN¥7.68 | x |
| 2018-12-31 | CN¥3.06 | CN¥7.68 | x |
| 2019-12-31 | CN¥2.90 | CN¥7.68 | x |
| 2020-12-31 | CN¥4.28 | CN¥7.68 | x |
| 2021-12-31 | CN¥4.99 | CN¥7.68 | x |
| 2022-12-31 | CN¥5.59 | CN¥7.68 | x |
| 2023-12-31 | CN¥4.44 | CN¥7.68 | x |
| 2024-12-31 | CN¥4.89 | CN¥7.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing Shunbo Aluminum 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): 2.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.47%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 4.08x
- Recent ROE (2.04%) is below the historical average (12.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 15.20% | 1.74% | 7.65x | 1.14x | CN¥5.03 Million |
| 2007 | 15.11% | 2.01% | 5.15x | 1.46x | CN¥7.51 Million |
| 2008 | 11.15% | 2.05% | 3.23x | 1.68x | CN¥2.56 Million |
| 2009 | 19.01% | 3.68% | 2.02x | 2.56x | CN¥22.18 Million |
| 2010 | 12.70% | 2.27% | 2.04x | 2.74x | CN¥7.60 Million |
| 2011 | 11.37% | 2.36% | 1.92x | 2.52x | CN¥5.10 Million |
| 2012 | 9.31% | 1.84% | 1.68x | 3.01x | CN¥-2.94 Million |
| 2013 | 11.14% | 1.87% | 1.95x | 3.04x | CN¥5.52 Million |
| 2014 | 13.71% | 2.33% | 2.25x | 2.63x | CN¥19.82 Million |
| 2015 | 10.75% | 2.43% | 2.03x | 2.17x | CN¥4.91 Million |
| 2016 | 16.83% | 4.21% | 2.08x | 1.92x | CN¥52.39 Million |
| 2017 | 18.08% | 4.11% | 2.18x | 2.02x | CN¥72.16 Million |
| 2018 | 12.76% | 3.39% | 2.10x | 1.80x | CN¥31.14 Million |
| 2019 | 13.22% | 3.86% | 1.97x | 1.73x | CN¥40.97 Million |
| 2020 | 10.42% | 4.02% | 1.60x | 1.61x | CN¥7.85 Million |
| 2021 | 15.63% | 3.43% | 1.99x | 2.29x | CN¥123.25 Million |
| 2022 | 8.13% | 1.81% | 1.88x | 2.40x | CN¥-45.81 Million |
| 2023 | 4.85% | 1.05% | 1.57x | 2.96x | CN¥-132.85 Million |
| 2024 | 2.04% | 0.47% | 1.08x | 4.08x | CN¥-253.24 Million |
Industry Comparison
This section compares Chongqing Shunbo Aluminum Co Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $4,846,992,485
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Shunbo Aluminum Co Ltd (002996) | CN¥3.36 Billion | 15.20% | 3.54x | $449.92 Million |
| Jiaozuo Wanfang Aluminum (000612) | $5.30 Billion | 5.72% | 0.48x | $1.56 Billion |
| Yunnan Aluminium Co Ltd (000807) | $20.91 Billion | 15.94% | 0.81x | $8.73 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $10.42 Billion | -3.52% | 3.91x | $6.78 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $1.35 Billion | 8.74% | 0.89x | $589.47 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $2.90 Billion | -14.82% | 1.20x | $644.16 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $1.09 Billion | 0.35% | 1.17x | $1.49 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $146.13 Million | 24.51% | 1.53x | $135.36 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $1.96 Billion | -3.52% | 0.60x | $3.60 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $3.44 Billion | 11.58% | 0.95x | $703.83 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $958.82 Million | 9.00% | 0.33x | $5.67 Billion |