Minmetals Development Co Ltd (600058) - Net Assets

Latest as of March 2026: CN¥7.56 Billion CNY ≈ $1.11 Billion USD

Based on the latest financial reports, Minmetals Development Co Ltd (600058) has net assets worth CN¥7.56 Billion CNY (≈ $1.11 Billion 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¥24.10 Billion ≈ $3.53 Billion USD) and total liabilities (CN¥16.54 Billion ≈ $2.42 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 600058 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥7.56 Billion
% of Total Assets	31.37%
Annual Growth Rate	11.63%
5-Year Change	3.66%
10-Year Change	45.6%
Growth Volatility	48.6

Minmetals Development Co Ltd - Net Assets Trend (1994–2025)

This chart illustrates how Minmetals Development Co Ltd's net assets have evolved over time, based on quarterly financial data. See Minmetals Development Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Minmetals Development Co Ltd (1994–2025)

The table below shows the annual net assets of Minmetals Development Co Ltd from 1994 to 2025. For live valuation and market cap data, see 600058 company net worth.

Year	Net Assets	Change
2025-12-31	CN¥7.55 Billion ≈ $1.10 Billion	-1.37%
2024-12-31	CN¥7.65 Billion ≈ $1.12 Billion	-0.07%
2023-12-31	CN¥7.66 Billion ≈ $1.12 Billion	+53.85%
2022-12-31	CN¥4.98 Billion ≈ $728.34 Million	-31.64%
2021-12-31	CN¥7.28 Billion ≈ $1.07 Billion	+5.91%
2020-12-31	CN¥6.87 Billion ≈ $1.01 Billion	+1.76%
2019-12-31	CN¥6.76 Billion ≈ $988.54 Million	+0.63%
2018-12-31	CN¥6.71 Billion ≈ $982.33 Million	-12.67%
2017-12-31	CN¥7.69 Billion ≈ $1.12 Billion	+48.29%
2016-12-31	CN¥5.18 Billion ≈ $758.51 Million	+0.48%
2015-12-31	CN¥5.16 Billion ≈ $754.89 Million	-50.92%
2014-12-31	CN¥10.51 Billion ≈ $1.54 Billion	-2.76%
2013-12-31	CN¥10.81 Billion ≈ $1.58 Billion	+0.52%
2012-12-31	CN¥10.75 Billion ≈ $1.57 Billion	-9.39%
2011-12-31	CN¥11.87 Billion ≈ $1.74 Billion	+3.42%
2010-12-31	CN¥11.48 Billion ≈ $1.68 Billion	+5.43%
2009-12-31	CN¥10.88 Billion ≈ $1.59 Billion	+22.65%
2008-12-31	CN¥8.87 Billion ≈ $1.30 Billion	+104.43%
2007-12-31	CN¥4.34 Billion ≈ $635.24 Million	+30.42%
2006-12-31	CN¥3.33 Billion ≈ $487.09 Million	+11.51%
2005-12-31	CN¥2.98 Billion ≈ $436.80 Million	+8.10%
2004-12-31	CN¥2.76 Billion ≈ $404.06 Million	+21.85%
2003-12-31	CN¥2.27 Billion ≈ $331.60 Million	+16.80%
2002-12-31	CN¥1.94 Billion ≈ $283.91 Million	+2.76%
2001-12-31	CN¥1.89 Billion ≈ $276.28 Million	+0.21%
2000-12-31	CN¥1.88 Billion ≈ $275.71 Million	+13.56%
1999-12-31	CN¥1.66 Billion ≈ $242.79 Million	-1.14%
1998-12-31	CN¥1.68 Billion ≈ $245.59 Million	+42.07%
1997-12-31	CN¥1.18 Billion ≈ $172.87 Million	+241.56%
1996-12-31	CN¥345.88 Million ≈ $50.61 Million	+18.06%
1995-12-31	CN¥292.96 Million ≈ $42.87 Million	+17.56%
1994-12-31	CN¥249.20 Million ≈ $36.47 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Minmetals Development 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 decreased by 57873661826.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥7.99 Billion	107.80%
Total Equity	CN¥7.42 Billion	100.00%

Minmetals Development Co Ltd Competitors by Market Cap

The table below lists competitors of Minmetals Development Co Ltd ranked by their market capitalization.

Company	Market Cap
Red Cat Holdings Inc NASDAQ:RCAT	$1.66 Billion
Playa Hotels & Resorts BV NASDAQ:PLYA	$1.66 Billion
MCC Meili Paper Industry Co Ltd SHE:000815	$1.66 Billion
North Chemical Industries Co Ltd SHE:002246	$1.66 Billion
Veritex Holdings Inc NASDAQ:VBTX	$1.66 Billion
Westone Information Industry Inc SHE:002268	$1.66 Billion
Électricite de Strasbourg Société Anonyme PA:ELEC	$1.66 Billion
ORG Packaging Co Ltd SHE:002701	$1.66 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 7,512,149,996 to 7,416,101,716, a change of -96,048,280 (-1.3%).
Net income of 19,103,827 contributed positively to equity growth.
Dividend payments of 157,910,528 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥19.10 Million	+0.26%
Dividends Paid	CN¥157.91 Million	-2.13%
Other Changes	CN¥42.76 Million	+0.58%
Total Change	CN¥-	-1.28%

Book Value vs Market Value Analysis

This analysis compares Minmetals Development 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: 1.53x
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 35.07x to 1.53x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1994-12-31	CN¥0.30	CN¥10.57	x
1995-12-31	CN¥0.35	CN¥10.57	x
1996-12-31	CN¥0.42	CN¥10.57	x
1997-12-31	CN¥1.37	CN¥10.57	x
1998-12-31	CN¥1.97	CN¥10.57	x
1999-12-31	CN¥1.95	CN¥10.57	x
2000-12-31	CN¥2.23	CN¥10.57	x
2001-12-31	CN¥2.23	CN¥10.57	x
2002-12-31	CN¥2.30	CN¥10.57	x
2003-12-31	CN¥2.68	CN¥10.57	x
2004-12-31	CN¥3.34	CN¥10.57	x
2005-12-31	CN¥3.59	CN¥10.57	x
2006-12-31	CN¥3.99	CN¥10.57	x
2007-12-31	CN¥4.44	CN¥10.57	x
2008-12-31	CN¥7.82	CN¥10.57	x
2009-12-31	CN¥7.63	CN¥10.57	x
2010-12-31	CN¥8.20	CN¥10.57	x
2011-12-31	CN¥8.46	CN¥10.57	x
2012-12-31	CN¥7.71	CN¥10.57	x
2013-12-31	CN¥7.97	CN¥10.57	x
2014-12-31	CN¥8.06	CN¥10.57	x
2015-12-31	CN¥4.64	CN¥10.57	x
2016-12-31	CN¥4.66	CN¥10.57	x
2017-12-31	CN¥7.03	CN¥10.57	x
2018-12-31	CN¥7.25	CN¥10.57	x
2019-12-31	CN¥6.19	CN¥10.57	x
2020-12-31	CN¥6.29	CN¥10.57	x
2021-12-31	CN¥6.66	CN¥10.57	x
2022-12-31	CN¥4.49	CN¥10.57	x
2023-12-31	CN¥7.02	CN¥10.57	x
2024-12-31	CN¥7.01	CN¥10.57	x
2025-12-31	CN¥6.92	CN¥10.57	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Minmetals Development 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): 0.26%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.04%
• Asset Turnover: 2.33x
• Equity Multiplier: 3.06x
Recent ROE (0.26%) is below the historical average (7.92%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1994	64.68%	4.98%	3.15x	4.13x	CN¥136.26 Million
1995	36.49%	2.36%	4.48x	3.46x	CN¥77.61 Million
1996	33.39%	4.18%	2.52x	3.17x	CN¥80.89 Million
1997	13.78%	7.17%	0.86x	2.23x	CN¥42.80 Million
1998	8.94%	2.28%	2.11x	1.86x	CN¥-17.34 Million
1999	8.53%	1.85%	2.12x	2.18x	CN¥-23.63 Million
2000	11.34%	1.78%	2.74x	2.33x	CN¥24.77 Million
2001	8.38%	0.79%	3.68x	2.88x	CN¥-29.87 Million
2002	10.03%	0.67%	2.98x	5.00x	CN¥596.32K
2003	13.85%	0.59%	2.45x	9.61x	CN¥85.31 Million
2004	21.63%	0.93%	3.56x	6.56x	CN¥321.63 Million
2005	11.21%	0.50%	2.45x	9.18x	CN¥35.88 Million
2006	17.13%	0.74%	3.55x	6.53x	CN¥234.99 Million
2007	33.78%	1.64%	2.64x	7.78x	CN¥1.02 Billion
2008	10.87%	0.79%	3.00x	4.58x	CN¥71.37 Million
2009	3.26%	0.28%	2.25x	5.12x	CN¥-551.66 Million
2010	4.38%	0.29%	3.04x	4.92x	CN¥-493.82 Million
2011	5.93%	0.33%	3.31x	5.40x	CN¥-369.50 Million
2012	-4.61%	-0.25%	3.41x	5.31x	CN¥-1.21 Billion
2013	3.28%	0.14%	4.40x	5.41x	CN¥-574.39 Million
2014	2.43%	0.16%	2.87x	5.42x	CN¥-653.91 Million
2015	-79.48%	-6.38%	1.90x	6.57x	CN¥-4.45 Billion
2016	0.58%	0.07%	1.62x	5.02x	CN¥-471.12 Million
2017	0.46%	0.06%	2.75x	2.85x	CN¥-718.95 Million
2018	-12.21%	-1.42%	2.71x	3.17x	CN¥-1.46 Billion
2019	2.62%	0.28%	3.01x	3.12x	CN¥-489.31 Million
2020	3.98%	0.40%	3.09x	3.23x	CN¥-405.93 Million
2021	6.70%	0.55%	3.79x	3.23x	CN¥-235.43 Million
2022	7.61%	0.45%	3.57x	4.74x	CN¥-114.89 Million
2023	2.65%	0.25%	3.47x	3.02x	CN¥-552.84 Million
2024	1.67%	0.19%	2.81x	3.18x	CN¥-625.56 Million
2025	0.26%	0.04%	2.33x	3.06x	CN¥-722.51 Million

Industry Comparison

This section compares Minmetals Development Co Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $18,754,847,206
Average return on equity (ROE) among peers: 10.26%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Minmetals Development Co Ltd (600058)	CN¥7.56 Billion	64.68%	2.19x	$1.66 Billion
CITIC Pacific Special Steel Group Co Ltd (000708)	$36.44 Billion	19.50%	1.49x	$10.20 Billion
HBIS Co Ltd (000709)	$6.74 Billion	8.64%	0.79x	$3.19 Billion
Sgis Songshan Co Ltd (000717)	$359.38 Million	31.44%	1.77x	$759.03 Million
Bengang Steel Plates Co Ltd (000761)	$17.60 Billion	-9.78%	1.62x	$1.29 Billion
Xinxing Ductile Iron Pipes Co Ltd (000778)	$18.45 Billion	2.39%	1.67x	$2.36 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825)	$4.51 Billion	13.54%	1.01x	$3.22 Billion
Jiangsu Fasten Co Ltd (000890)	$1.21 Billion	0.85%	1.53x	$581.33 Million
Angang Steel Co Ltd Class A (000898)	$45.29 Billion	3.57%	0.94x	$2.33 Billion
Hunan Valin Steel Co Ltd (000932)	$50.85 Billion	19.04%	1.10x	$3.77 Billion
Beijing Shougang Co Ltd (000959)	$6.10 Billion	13.45%	1.12x	$3.85 Billion

About Minmetals Development Co Ltd

SHG:600058 China Steel

Market Cap

$1.66 Billion

CN¥11.33 Billion CNY

Market Cap Rank

#6983 Global

#1577 in China

Share Price

CN¥10.57

Change (1 day)

-2.94%

52-Week Range

CN¥7.45 - CN¥15.80

All Time High

CN¥33.58