Shandong Nanshan Aluminium Co Ltd
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.
| Company | Market Cap |
|---|---|
|
Associated British Foods plc
PINK:ASBFY
|
$6.60 Billion |
|
QuantumCTek Co Ltd
SHG:688027
|
$6.60 Billion |
|
El Puerto de Liverpool S.A.B. de C.V
PINK:ELPQF
|
$6.60 Billion |
|
Timken Company
NYSE:TKR
|
$6.60 Billion |
|
HealthEquity Inc
NASDAQ:HQY
|
$6.59 Billion |
|
MONDELEZ INTL INC CEDEAR EACH 1
BA:MDLZ
|
$6.59 Billion |
|
Installed Building Products Inc
NYSE:IBP
|
$6.59 Billion |
|
Hormel Foods Corporation
NYSE:HRL
|
$6.59 Billion |
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 |