Nanjing Hanrui Cobalt Co Ltd

SHE:300618 China Copper
Market Cap
$1.90 Billion
CN¥13.91 Billion CNY
Market Cap Rank
#6329 Global
#951 in China
Share Price
CN¥44.90
Change (1 day)
-3.54%
52-Week Range
CN¥28.54 - CN¥57.60
All Time High
CN¥142.35
About

Nanjing Hanrui Cobalt Co.,Ltd. engages in the extraction of cobalt and copper ores. Its product portfolio includes cobalt hydroxide, electrolytic copper, and electrolytic cobalt; cobalt salts; and cobalt powders. The company engages in ore purchase, mining and processing, equipment and auxiliary materials, transportation, salt production, sale battery, research and development, trading, equity in… Read more

Nanjing Hanrui Cobalt Co Ltd (300618) - Net Assets

Latest net assets as of September 2025: CN¥5.83 Billion CNY

Based on the latest financial reports, Nanjing Hanrui Cobalt Co Ltd (300618) has net assets worth CN¥5.83 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¥9.38 Billion) and total liabilities (CN¥3.55 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¥5.83 Billion
% of Total Assets 62.17%
Annual Growth Rate 32.09%
5-Year Change 49.6%
10-Year Change 1914.47%
Growth Volatility 57.92

Nanjing Hanrui Cobalt Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Nanjing Hanrui Cobalt 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 Nanjing Hanrui Cobalt Co Ltd (2012–2024)

The table below shows the annual net assets of Nanjing Hanrui Cobalt Co Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.79 Billion +9.55%
2023-12-31 CN¥5.29 Billion +4.36%
2022-12-31 CN¥5.07 Billion +7.11%
2021-12-31 CN¥4.73 Billion +22.16%
2020-12-31 CN¥3.87 Billion +117.99%
2019-12-31 CN¥1.78 Billion -6.44%
2018-12-31 CN¥1.90 Billion +70.52%
2017-12-31 CN¥1.11 Billion +198.02%
2016-12-31 CN¥373.73 Million +29.93%
2015-12-31 CN¥287.63 Million +16.85%
2014-12-31 CN¥246.15 Million +13.51%
2013-12-31 CN¥216.85 Million +5.55%
2012-12-31 CN¥205.45 Million --

Equity Component Analysis

This analysis shows how different components contribute to Nanjing Hanrui Cobalt 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 214920668891.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.14 Billion 38.54%
Common Stock CN¥308.32 Million 5.56%
Other Components CN¥3.10 Billion 55.89%
Total Equity CN¥5.54 Billion 100.00%

Nanjing Hanrui Cobalt Co Ltd Competitors by Market Cap

The table below lists competitors of Nanjing Hanrui Cobalt Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,205,507,380 to 5,542,375,599, a change of 336,868,219 (6.5%).
  • Net income of 201,623,409 contributed positively to equity growth.
  • Dividend payments of 77,917,458 reduced retained earnings.
  • Share repurchases of 30,331,189 reduced equity.
  • Other factors increased equity by 243,493,457.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥201.62 Million +3.64%
Dividends Paid CN¥77.92 Million -1.41%
Share Repurchases CN¥30.33 Million -0.55%
Other Changes CN¥243.49 Million +4.39%
Total Change CN¥- 6.47%

Book Value vs Market Value Analysis

This analysis compares Nanjing Hanrui Cobalt 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: 2.51x
  • 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 44.34x to 2.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 CN¥1.01 CN¥44.90 x
2013-12-31 CN¥1.05 CN¥44.90 x
2014-12-31 CN¥1.25 CN¥44.90 x
2015-12-31 CN¥1.54 CN¥44.90 x
2016-12-31 CN¥1.85 CN¥44.90 x
2017-12-31 CN¥4.32 CN¥44.90 x
2018-12-31 CN¥6.87 CN¥44.90 x
2019-12-31 CN¥6.61 CN¥44.90 x
2020-12-31 CN¥13.44 CN¥44.90 x
2021-12-31 CN¥15.34 CN¥44.90 x
2022-12-31 CN¥16.37 CN¥44.90 x
2023-12-31 CN¥16.95 CN¥44.90 x
2024-12-31 CN¥17.87 CN¥44.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nanjing Hanrui Cobalt 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): 3.64%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.39%
  • • Asset Turnover: 0.69x
  • • Equity Multiplier: 1.56x
  • Recent ROE (3.64%) is below the historical average (12.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 4.85% 2.04% 0.60x 3.93x CN¥-10.58 Million
2013 7.20% 2.73% 0.94x 2.82x CN¥-6.06 Million
2014 12.26% 3.95% 1.00x 3.11x CN¥5.56 Million
2015 9.87% 3.05% 1.18x 2.75x CN¥-372.89K
2016 17.81% 8.96% 0.92x 2.15x CN¥29.20 Million
2017 40.35% 30.68% 0.67x 1.95x CN¥338.03 Million
2018 37.24% 25.43% 0.81x 1.82x CN¥517.60 Million
2019 0.78% 0.78% 0.51x 1.97x CN¥-163.96 Million
2020 8.63% 14.84% 0.39x 1.51x CN¥-52.97 Million
2021 14.01% 15.25% 0.59x 1.56x CN¥189.86 Million
2022 4.19% 4.18% 0.68x 1.47x CN¥-294.57 Million
2023 2.66% 2.89% 0.62x 1.49x CN¥-382.31 Million
2024 3.64% 3.39% 0.69x 1.56x CN¥-352.61 Million

Industry Comparison

This section compares Nanjing Hanrui Cobalt Co Ltd's net assets metrics with peer companies in the Copper industry.

Industry Context

  • Industry: Copper
  • Average net assets among peers: $12,509,578,138
  • Average return on equity (ROE) among peers: 15.17%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nanjing Hanrui Cobalt Co Ltd (300618) CN¥5.83 Billion 4.85% 0.61x $1.29 Billion
Tongling Nonferrous Metals Group Co Ltd (000630) $18.58 Billion 2.89% 1.57x $5.53 Billion
North Copper Shanxi Co Ltd (000737) $394.48 Million 67.70% 2.99x $1.76 Billion
Yunnan Copper Co Ltd (000878) $1.78 Billion 4.64% 1.28x $3.49 Billion
Zhejiang Hailiang Co Ltd (002203) $273.58 Million 22.16% 4.45x $2.17 Billion
Jiangyin Electrical Alloy Co Ltd (300697) $918.77 Million 11.57% 0.57x $293.48 Million
Xinke Material (600255) $569.24 Million 9.09% 1.46x $783.04 Million
Jiangxi Copper Co Ltd Class A (600362) $87.80 Billion 7.93% 1.20x $12.79 Billion
Pengxin International Mining Co Ltd (600490) $319.50 Million 6.24% 0.35x $1.72 Billion
Ningbo Boway Alloy Material Co Ltd (601137) $1.96 Billion 4.30% 0.33x $1.21 Billion