Chongqing Shunbo Aluminum Co Ltd (002996) - Net Assets
Based on the latest financial reports, Chongqing Shunbo Aluminum Co Ltd (002996) has net assets worth CN¥3.45 Billion CNY (≈ $505.27 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥15.53 Billion ≈ $2.27 Billion USD) and total liabilities (CN¥12.07 Billion ≈ $1.77 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 Chongqing Shunbo Aluminum Co Ltd (002996) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.45 Billion |
| % of Total Assets | 22.24% |
| Annual Growth Rate | 20.46% |
| 5-Year Change | 42.51% |
| 10-Year Change | 302.47% |
| Growth Volatility | 15.09 |
Chongqing Shunbo Aluminum Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Chongqing Shunbo Aluminum Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 002996 market cap.
Annual Net Assets for Chongqing Shunbo Aluminum Co Ltd (2006–2025)
The table below shows the annual net assets of Chongqing Shunbo Aluminum Co Ltd from 2006 to 2025. Also explore net asset growth rate of Chongqing Shunbo Aluminum Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.33 Billion ≈ $487.29 Million |
+3.86% |
| 2024-12-31 | CN¥3.21 Billion ≈ $469.19 Million |
+21.74% |
| 2023-12-31 | CN¥2.63 Billion ≈ $385.42 Million |
+0.91% |
| 2022-12-31 | CN¥2.61 Billion ≈ $381.95 Million |
+11.70% |
| 2021-12-31 | CN¥2.34 Billion ≈ $341.93 Million |
+14.83% |
| 2020-12-31 | CN¥2.03 Billion ≈ $297.76 Million |
+48.48% |
| 2019-12-31 | CN¥1.37 Billion ≈ $200.55 Million |
+11.18% |
| 2018-12-31 | CN¥1.23 Billion ≈ $180.39 Million |
+25.45% |
| 2017-12-31 | CN¥982.62 Million ≈ $143.79 Million |
+18.76% |
| 2016-12-31 | CN¥827.40 Million ≈ $121.07 Million |
+22.77% |
| 2015-12-31 | CN¥673.92 Million ≈ $98.62 Million |
+22.72% |
| 2014-12-31 | CN¥549.17 Million ≈ $80.36 Million |
+10.72% |
| 2013-12-31 | CN¥496.01 Million ≈ $72.58 Million |
+13.80% |
| 2012-12-31 | CN¥435.86 Million ≈ $63.78 Million |
+13.83% |
| 2011-12-31 | CN¥382.92 Million ≈ $56.03 Million |
+34.62% |
| 2010-12-31 | CN¥284.45 Million ≈ $41.62 Million |
+14.50% |
| 2009-12-31 | CN¥248.43 Million ≈ $36.35 Million |
+9.52% |
| 2008-12-31 | CN¥226.82 Million ≈ $33.19 Million |
+54.55% |
| 2007-12-31 | CN¥146.76 Million ≈ $21.48 Million |
+51.47% |
| 2006-12-31 | CN¥96.89 Million ≈ $14.18 Million |
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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 11445.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.43 Billion | 43.12% |
| Other Components | CN¥1.88 Billion | 56.88% |
| Total Equity | CN¥3.31 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 |
|---|---|
|
Luoyang Northglass Technology Co Ltd
SHE:002613
|
$582.99 Million |
|
ADTRAN Inc
NASDAQ:ADTN
|
$583.19 Million |
|
D I Corp
KO:003160
|
$583.29 Million |
|
Adcock Ingram Holdings Limited
JSE:AIP
|
$583.42 Million |
|
Union Optech Co Ltd
SHE:300691
|
$582.68 Million |
|
JINXIN FERT.GRP HD-00001
F:3NX
|
$582.53 Million |
|
Floridienne
BR:FLOB
|
$582.36 Million |
|
Ningbo Jianan Electronics Co Ltd
SHE:300880
|
$582.23 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 2024 to 2025, total equity changed from 3,182,677,070 to 3,307,659,158, a change of 124,982,088 (3.9%).
- Net income of 221,644,036 contributed positively to equity growth.
- Dividend payments of 136,840,559 reduced retained earnings.
- Other factors increased equity by 40,178,611.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥221.64 Million | +6.7% |
| Dividends Paid | CN¥136.84 Million | -4.14% |
| Other Changes | CN¥40.18 Million | +1.21% |
| Total Change | CN¥- | 3.93% |
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: 1.20x
- 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 26.96x to 1.20x 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¥5.95 | x |
| 2007-12-31 | CN¥0.33 | CN¥5.95 | x |
| 2008-12-31 | CN¥0.51 | CN¥5.95 | x |
| 2009-12-31 | CN¥0.56 | CN¥5.95 | x |
| 2010-12-31 | CN¥0.64 | CN¥5.95 | x |
| 2011-12-31 | CN¥0.84 | CN¥5.95 | x |
| 2012-12-31 | CN¥0.97 | CN¥5.95 | x |
| 2013-12-31 | CN¥1.12 | CN¥5.95 | x |
| 2014-12-31 | CN¥1.18 | CN¥5.95 | x |
| 2015-12-31 | CN¥1.43 | CN¥5.95 | x |
| 2016-12-31 | CN¥1.65 | CN¥5.95 | x |
| 2017-12-31 | CN¥1.92 | CN¥5.95 | x |
| 2018-12-31 | CN¥2.35 | CN¥5.95 | x |
| 2019-12-31 | CN¥2.56 | CN¥5.95 | x |
| 2020-12-31 | CN¥3.62 | CN¥5.95 | x |
| 2021-12-31 | CN¥3.84 | CN¥5.95 | x |
| 2022-12-31 | CN¥4.35 | CN¥5.95 | x |
| 2023-12-31 | CN¥4.33 | CN¥5.95 | x |
| 2024-12-31 | CN¥4.89 | CN¥5.95 | x |
| 2025-12-31 | CN¥4.94 | CN¥5.95 | 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): 6.70%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.39%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 4.62x
- Recent ROE (6.70%) is below the historical average (11.89%), 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 | 10.89% | 1.81% | 1.98x | 3.04x | CN¥4.31 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 |
| 2025 | 6.70% | 1.39% | 1.05x | 4.62x | CN¥-109.12 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: $3,954,608,158
- Average return on equity (ROE) among peers: 9.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Shunbo Aluminum Co Ltd (002996) | CN¥3.45 Billion | 15.20% | 3.50x | $582.86 Million |
| Jiaozuo Wanfang Aluminum (000612) | $4.31 Billion | 2.47% | 0.63x | $1.99 Billion |
| Yunnan Aluminium Co Ltd (000807) | $9.87 Billion | 1.13% | 2.24x | $13.89 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $14.38 Billion | 22.50% | 2.72x | $8.82 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $2.17 Billion | 7.66% | 0.75x | $841.89 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $3.15 Billion | 3.30% | 1.25x | $590.91 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $1.15 Billion | 1.73% | 1.43x | $1.68 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $177.33 Million | 29.72% | 1.35x | $522.45 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $1.67 Billion | 1.22% | 2.15x | $33.62 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $1.25 Billion | 11.31% | 0.78x | $675.32 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $1.42 Billion | 9.20% | 0.39x | $8.68 Billion |
About 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