Shandong Nanshan Aluminium Co Ltd

SHG:600219 China Aluminum
Market Cap
$11.53 Billion
CN¥84.63 Billion CNY
Market Cap Rank
#2288 Global
#145 in China
Share Price
CN¥7.37
Change (1 day)
-3.53%
52-Week Range
CN¥3.30 - CN¥8.16
All Time High
CN¥8.16
About

Shandong Nanshan Aluminium Co.,Ltd. is involved in the aluminum processing activity worldwide. The company offers upstream products, such as electric power, alumina, and aluminum alloy ingots; downstream products, including aluminum plates and strips, aviation plates, and can materials; health consulting services; aluminum profiles; aluminum foils and sheets; and new alloy products. It also engag… Read more

Shandong Nanshan Aluminium Co Ltd (600219) - Net Assets

Latest net assets as of September 2025: CN¥60.42 Billion CNY

Based on the latest financial reports, Shandong Nanshan Aluminium Co Ltd (600219) has net assets worth CN¥60.42 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¥73.29 Billion) and total liabilities (CN¥12.87 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¥60.42 Billion
% of Total Assets 82.44%
Annual Growth Rate 19.69%
5-Year Change 26.95%
10-Year Change 120.36%
Growth Volatility 54.1

Shandong Nanshan Aluminium Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Shandong Nanshan Aluminium 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 Shandong Nanshan Aluminium Co Ltd (1996–2024)

The table below shows the annual net assets of Shandong Nanshan Aluminium Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥56.22 Billion +4.06%
2023-12-31 CN¥54.03 Billion +8.02%
2022-12-31 CN¥50.02 Billion +5.25%
2021-12-31 CN¥47.52 Billion +7.31%
2020-12-31 CN¥44.29 Billion +6.59%
2019-12-31 CN¥41.55 Billion +3.21%
2018-12-31 CN¥40.26 Billion +16.15%
2017-12-31 CN¥34.66 Billion +3.39%
2016-12-31 CN¥33.52 Billion +31.39%
2015-12-31 CN¥25.51 Billion +28.68%
2014-12-31 CN¥19.83 Billion +4.75%
2013-12-31 CN¥18.93 Billion +3.92%
2012-12-31 CN¥18.22 Billion +8.09%
2011-12-31 CN¥16.85 Billion +6.54%
2010-12-31 CN¥15.82 Billion +26.48%
2009-12-31 CN¥12.51 Billion +33.34%
2008-12-31 CN¥9.38 Billion +11.86%
2007-12-31 CN¥8.39 Billion +190.73%
2006-12-31 CN¥2.88 Billion +56.65%
2005-12-31 CN¥1.84 Billion +7.03%
2004-12-31 CN¥1.72 Billion +11.33%
2003-12-31 CN¥1.55 Billion +11.87%
2002-12-31 CN¥1.38 Billion +6.48%
2001-12-31 CN¥1.30 Billion +6.39%
2000-12-31 CN¥1.22 Billion +8.94%
1999-12-31 CN¥1.12 Billion +238.11%
1998-12-31 CN¥331.03 Million -14.01%
1997-12-31 CN¥384.95 Million +5.01%
1996-12-31 CN¥366.57 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shandong Nanshan Aluminium 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 33664.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥20.92 Billion 41.57%
Common Stock CN¥11.61 Billion 23.08%
Other Components CN¥17.79 Billion 35.35%
Total Equity CN¥50.32 Billion 100.00%

Shandong Nanshan Aluminium Co Ltd Competitors by Market Cap

The table below lists competitors of Shandong Nanshan Aluminium Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 48,344,152,704 to 50,316,943,000, a change of 1,972,790,296 (4.1%).
  • Net income of 4,829,954,000 contributed positively to equity growth.
  • Dividend payments of 2,514,145,992 reduced retained earnings.
  • Share repurchases of 351,022,223 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥4.83 Billion +9.6%
Dividends Paid CN¥2.51 Billion -5.0%
Share Repurchases CN¥351.02 Million -0.7%
Other Changes CN¥8.00 Million +0.02%
Total Change CN¥- 4.08%

Book Value vs Market Value Analysis

This analysis compares Shandong Nanshan Aluminium 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: 1.70x
  • 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 23.92x to 1.70x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CN¥0.31 CN¥7.37 x
1997-12-31 CN¥0.32 CN¥7.37 x
1998-12-31 CN¥0.28 CN¥7.37 x
1999-12-31 CN¥0.94 CN¥7.37 x
2000-12-31 CN¥1.02 CN¥7.37 x
2001-12-31 CN¥1.08 CN¥7.37 x
2002-12-31 CN¥1.16 CN¥7.37 x
2003-12-31 CN¥1.29 CN¥7.37 x
2004-12-31 CN¥1.38 CN¥7.37 x
2005-12-31 CN¥1.47 CN¥7.37 x
2006-12-31 CN¥2.07 CN¥7.37 x
2007-12-31 CN¥2.14 CN¥7.37 x
2008-12-31 CN¥2.16 CN¥7.37 x
2009-12-31 CN¥2.62 CN¥7.37 x
2010-12-31 CN¥2.90 CN¥7.37 x
2011-12-31 CN¥2.95 CN¥7.37 x
2012-12-31 CN¥3.20 CN¥7.37 x
2013-12-31 CN¥3.20 CN¥7.37 x
2014-12-31 CN¥2.38 CN¥7.37 x
2015-12-31 CN¥2.35 CN¥7.37 x
2016-12-31 CN¥3.10 CN¥7.37 x
2017-12-31 CN¥3.45 CN¥7.37 x
2018-12-31 CN¥3.99 CN¥7.37 x
2019-12-31 CN¥3.29 CN¥7.37 x
2020-12-31 CN¥3.38 CN¥7.37 x
2021-12-31 CN¥3.60 CN¥7.37 x
2022-12-31 CN¥3.85 CN¥7.37 x
2023-12-31 CN¥4.17 CN¥7.37 x
2024-12-31 CN¥4.33 CN¥7.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shandong Nanshan Aluminium 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): 9.60%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.43%
  • • Asset Turnover: 0.48x
  • • Equity Multiplier: 1.40x
  • Recent ROE (9.60%) is above the historical average (8.80%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 19.04% 13.23% 0.93x 1.55x CN¥33.13 Million
1997 21.79% 13.01% 0.93x 1.80x CN¥45.40 Million
1998 27.82% 13.75% 0.74x 2.74x CN¥59.00 Million
1999 8.98% 13.48% 0.47x 1.40x CN¥-11.37 Million
2000 11.37% 14.94% 0.58x 1.32x CN¥16.71 Million
2001 11.33% 14.03% 0.57x 1.41x CN¥17.01 Million
2002 9.50% 11.34% 0.59x 1.43x CN¥-6.96 Million
2003 9.77% 14.57% 0.50x 1.35x CN¥-3.49 Million
2004 8.18% 11.18% 0.40x 1.83x CN¥-29.86 Million
2005 7.89% 9.80% 0.40x 1.99x CN¥-36.81 Million
2006 6.18% 7.71% 0.55x 1.46x CN¥-106.84 Million
2007 14.90% 17.48% 0.62x 1.38x CN¥377.89 Million
2008 7.48% 8.70% 0.52x 1.65x CN¥-212.29 Million
2009 6.16% 9.82% 0.48x 1.32x CN¥-444.79 Million
2010 5.32% 8.51% 0.48x 1.29x CN¥-687.69 Million
2011 6.60% 7.67% 0.64x 1.35x CN¥-526.82 Million
2012 4.36% 4.91% 0.53x 1.66x CN¥-944.91 Million
2013 4.59% 5.46% 0.49x 1.70x CN¥-937.04 Million
2014 4.94% 6.37% 0.44x 1.75x CN¥-916.86 Million
2015 4.29% 7.39% 0.40x 1.47x CN¥-1.35 Billion
2016 4.14% 9.92% 0.31x 1.35x CN¥-1.85 Billion
2017 4.92% 9.44% 0.37x 1.41x CN¥-1.66 Billion
2018 3.76% 7.11% 0.39x 1.37x CN¥-2.38 Billion
2019 4.13% 7.54% 0.39x 1.39x CN¥-2.31 Billion
2020 5.07% 9.19% 0.40x 1.39x CN¥-1.99 Billion
2021 7.96% 11.87% 0.45x 1.47x CN¥-875.84 Million
2022 7.79% 10.06% 0.54x 1.44x CN¥-994.70 Million
2023 7.19% 12.04% 0.42x 1.42x CN¥-1.36 Billion
2024 9.60% 14.43% 0.48x 1.40x CN¥-201.74 Million

Industry Comparison

This section compares Shandong Nanshan Aluminium 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
Shandong Nanshan Aluminium Co Ltd (600219) CN¥60.42 Billion 19.04% 0.21x $6.59 Billion
Jiaozuo Wanfang Aluminum (000612) $5.30 Billion 5.72% 0.48x $1.61 Billion
Yunnan Aluminium Co Ltd (000807) $20.91 Billion 15.94% 0.81x $9.26 Billion
Henan Shenhuo Coal & Power Co Ltd (000933) $10.42 Billion -3.52% 3.91x $7.28 Billion
Guangdong Hongtu Technology Holdings Co Ltd (002101) $1.35 Billion 8.74% 0.89x $588.97 Million
Jiangsu Alcha Aluminium Co Ltd (002160) $2.90 Billion -14.82% 1.20x $664.82 Million
Nanjing Yunhai Special Metals Co Ltd (002182) $1.09 Billion 0.35% 1.17x $1.55 Billion
ZYF Lopsking Aluminum Co Ltd (002333) $146.13 Million 24.51% 1.53x $136.76 Million
Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) $1.96 Billion -3.52% 0.60x $3.73 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 $5.95 Billion