Nanjing Hanrui Cobalt Co Ltd (300618) - Net Assets

Latest as of March 2026: CN¥5.83 Billion CNY ≈ $853.72 Million USD

Based on the latest financial reports, Nanjing Hanrui Cobalt Co Ltd (300618) has net assets worth CN¥5.83 Billion CNY (≈ $853.72 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.95 Billion ≈ $1.46 Billion USD) and total liabilities (CN¥4.11 Billion ≈ $602.01 Million 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 tangible net worth ratio of Nanjing Hanrui Cobalt Co Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥5.83 Billion
% of Total Assets	58.65%
Annual Growth Rate	29.1%
5-Year Change	20.16%
10-Year Change	1421.21%
Growth Volatility	56.8

Nanjing Hanrui Cobalt Co Ltd - Net Assets Trend (2012–2025)

This chart illustrates how Nanjing Hanrui Cobalt Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Nanjing Hanrui Cobalt Co Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Nanjing Hanrui Cobalt Co Ltd (2012–2025)

The table below shows the annual net assets of Nanjing Hanrui Cobalt Co Ltd from 2012 to 2025. For live valuation and market cap data, see 300618 market cap.

Year	Net Assets	Change
2025-12-31	CN¥5.69 Billion ≈ $831.92 Million	-1.88%
2024-12-31	CN¥5.79 Billion ≈ $847.87 Million	+9.55%
2023-12-31	CN¥5.29 Billion ≈ $773.93 Million	+4.36%
2022-12-31	CN¥5.07 Billion ≈ $741.57 Million	+7.11%
2021-12-31	CN¥4.73 Billion ≈ $692.35 Million	+22.16%
2020-12-31	CN¥3.87 Billion ≈ $566.77 Million	+117.99%
2019-12-31	CN¥1.78 Billion ≈ $260.01 Million	-6.44%
2018-12-31	CN¥1.90 Billion ≈ $277.91 Million	+70.52%
2017-12-31	CN¥1.11 Billion ≈ $162.98 Million	+198.02%
2016-12-31	CN¥373.73 Million ≈ $54.69 Million	+29.93%
2015-12-31	CN¥287.63 Million ≈ $42.09 Million	+16.85%
2014-12-31	CN¥246.15 Million ≈ $36.02 Million	+13.51%
2013-12-31	CN¥216.85 Million ≈ $31.73 Million	+5.55%
2012-12-31	CN¥205.45 Million ≈ $30.06 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 234733315313.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥2.33 Billion	43.27%
Other Components	CN¥3.06 Billion	56.73%
Total Equity	CN¥5.39 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.

Company	Market Cap
Grupo Gigante S. A. B. de C. V MX:GIGANTE	$1.72 Billion
Nuvation Bio Inc NYSE:NUVB	$1.72 Billion
Zhejiang Jiuzhou Pharm Co Ltd SHG:603456	$1.72 Billion
Bob's Discount Furniture, Inc. NYSE:BOBS	$1.72 Billion
SÜSS MicroTec SE F:SMHN	$1.72 Billion
Sildarvinnslan Hf. IC:SVN	$1.72 Billion
Bingo Software Co Ltd SHG:688227	$1.72 Billion
Shoals Technologies Group Inc NASDAQ:SHLS	$1.71 Billion

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 2024 to 2025, total equity changed from 5,542,375,599 to 5,394,565,286, a change of -147,810,313 (-2.7%).
Net income of 254,521,185 contributed positively to equity growth.
Dividend payments of 80,455,323 reduced retained earnings.
Other factors decreased equity by 321,876,175.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥254.52 Million	+4.72%
Dividends Paid	CN¥80.46 Million	-1.49%
Other Changes	CN¥-321.88 Million	-5.97%
Total Change	CN¥-	-2.67%

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: 2.17x
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 37.40x to 2.17x 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¥37.87	x
2013-12-31	CN¥1.05	CN¥37.87	x
2014-12-31	CN¥1.25	CN¥37.87	x
2015-12-31	CN¥1.54	CN¥37.87	x
2016-12-31	CN¥1.85	CN¥37.87	x
2017-12-31	CN¥4.32	CN¥37.87	x
2018-12-31	CN¥6.87	CN¥37.87	x
2019-12-31	CN¥6.61	CN¥37.87	x
2020-12-31	CN¥13.44	CN¥37.87	x
2021-12-31	CN¥15.34	CN¥37.87	x
2022-12-31	CN¥16.37	CN¥37.87	x
2023-12-31	CN¥16.95	CN¥37.87	x
2024-12-31	CN¥17.87	CN¥37.87	x
2025-12-31	CN¥17.42	CN¥37.87	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): 4.72%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.80%
• Asset Turnover: 0.66x
• Equity Multiplier: 1.87x
Recent ROE (4.72%) is below the historical average (12.01%), 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
2025	4.72%	3.80%	0.66x	1.87x	CN¥-284.94 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: $9,587,803,122
Average return on equity (ROE) among peers: 10.95%

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%	0.71x	$1.72 Billion
Tongling Nonferrous Metals Group Co Ltd (000630)	$20.01 Billion	4.15%	1.39x	$14.01 Billion
North Copper Shanxi Co Ltd (000737)	$4.87 Billion	12.75%	2.13x	$3.96 Billion
Yunnan Copper Co Ltd (000878)	$6.31 Billion	0.41%	2.69x	$6.27 Billion
Zhejiang Hailiang Co Ltd (002203)	$5.52 Billion	12.77%	1.77x	$8.18 Billion
Jiangyin Electrical Alloy Co Ltd (300697)	$294.90 Million	18.09%	2.51x	$1.11 Billion
Xinke Material (600255)	$1.71 Billion	-3.58%	1.25x	$1.21 Billion
Jiangxi Copper Co Ltd Class A (600362)	$47.03 Billion	6.06%	1.03x	$14.99 Billion
Pengxin International Mining Co Ltd (600490)	$319.50 Million	6.24%	0.35x	$2.18 Billion
Ningbo Boway Alloy Material Co Ltd (601137)	$223.23 Million	41.68%	2.42x	$3.32 Billion

About Nanjing Hanrui Cobalt Co Ltd

SHE:300618 China Copper

Market Cap

$1.72 Billion

CN¥11.73 Billion CNY

Market Cap Rank

#6824 Global

#1525 in China

Share Price

CN¥37.87

Change (1 day)

-6.36%

52-Week Range

CN¥34.20 - CN¥57.60

All Time High

CN¥142.35