Xinke Material

SHG:600255 China Copper
Market Cap
$886.18 Million
CN¥6.50 Billion CNY
Market Cap Rank
#8317 Global
#1557 in China
Share Price
CN¥3.60
Change (1 day)
-1.91%
52-Week Range
CN¥2.86 - CN¥4.78
All Time High
CN¥6.49
Categories
Companies in China Copper
About

Anhui Xinke New Materials Co.,Ltd, together with its subsidiaries, engages in the development, production, and sale of copper products in China and internationally. It offers copper-iron alloy strips, tin-plated copper alloy strips, zinc-copper strips, brass strips, and tin phosphor bronze belts; electronic wires, cloth wires, power cables, and automotive line products; and copper and copper allo… Read more

Xinke Material (600255) - Net Assets

Latest net assets as of September 2025: CN¥1.81 Billion CNY

Based on the latest financial reports, Xinke Material (600255) has net assets worth CN¥1.81 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¥4.44 Billion) and total liabilities (CN¥2.63 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¥1.81 Billion
% of Total Assets 40.76%
Annual Growth Rate 12.86%
5-Year Change 26.87%
10-Year Change -45.68%
Growth Volatility 65.81

Xinke Material - Net Assets Trend (1997–2024)

This chart illustrates how Xinke Material's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Xinke Material (1997–2024)

The table below shows the annual net assets of Xinke Material from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.81 Billion +5.72%
2023-12-31 CN¥1.71 Billion -1.62%
2022-12-31 CN¥1.74 Billion +14.22%
2021-12-31 CN¥1.52 Billion +6.80%
2020-12-31 CN¥1.42 Billion +20.42%
2019-12-31 CN¥1.18 Billion -51.49%
2018-12-31 CN¥2.44 Billion -33.18%
2017-12-31 CN¥3.65 Billion +6.53%
2016-12-31 CN¥3.42 Billion +2.95%
2015-12-31 CN¥3.33 Billion +59.09%
2014-12-31 CN¥2.09 Billion +1.13%
2013-12-31 CN¥2.07 Billion +64.18%
2012-12-31 CN¥1.26 Billion +0.93%
2011-12-31 CN¥1.25 Billion +4.84%
2010-12-31 CN¥1.19 Billion +2.62%
2009-12-31 CN¥1.16 Billion +10.09%
2008-12-31 CN¥1.05 Billion +65.28%
2007-12-31 CN¥637.24 Million +11.95%
2006-12-31 CN¥569.24 Million +8.38%
2005-12-31 CN¥525.22 Million +3.56%
2004-12-31 CN¥507.17 Million +2.34%
2003-12-31 CN¥495.59 Million +2.53%
2002-12-31 CN¥483.34 Million +1.19%
2001-12-31 CN¥477.64 Million +4.49%
2000-12-31 CN¥457.10 Million +333.55%
1999-12-31 CN¥105.43 Million +4.83%
1998-12-31 CN¥100.57 Million +45.99%
1997-12-31 CN¥68.89 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xinke Material'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 15831.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.81 Billion 126.24%
Other Components CN¥1.36 Billion 94.74%
Total Equity CN¥1.43 Billion 100.00%

Xinke Material Competitors by Market Cap

The table below lists competitors of Xinke Material ranked by their market capitalization.

Company Market Cap
Shenzhen Gongjin Electn
SHG:603118
 		$783.32 Million
FIRST RESOURCES LTD O.N.
F:5F1
 		$783.35 Million
Suzhou Sushi Testing Instrument Co Ltd
SHE:300416
 		$783.37 Million
Anhui Shanying Paper Industry Co Ltd
SHG:600567
 		$783.39 Million
China Railway Materials Co Ltd
SHE:000927
 		$782.90 Million
Schiehallion Fund Ltd
LSE:MNTN
 		$782.78 Million
Hainan Strait Shipping Co Ltd
SHE:002320
 		$782.78 Million
Guangdong Goworld Co Ltd
SHE:000823
 		$782.76 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xinke Material's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,368,322,118 to 1,430,676,725, a change of 62,354,607 (4.6%).
  • Net income of 62,354,609 contributed positively to equity growth.
  • Dividend payments of 29,182,092 reduced retained earnings.
  • Other factors increased equity by 29,182,090.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥62.35 Million +4.36%
Dividends Paid CN¥29.18 Million -2.04%
Other Changes CN¥29.18 Million +2.04%
Total Change CN¥- 4.56%

Book Value vs Market Value Analysis

This analysis compares Xinke Material'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: 5.23x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 34.90x to 5.23x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.10 CN¥3.60 x
1998-12-31 CN¥0.15 CN¥3.60 x
1999-12-31 CN¥0.16 CN¥3.60 x
2000-12-31 CN¥0.68 CN¥3.60 x
2001-12-31 CN¥0.72 CN¥3.60 x
2002-12-31 CN¥0.72 CN¥3.60 x
2003-12-31 CN¥0.74 CN¥3.60 x
2004-12-31 CN¥0.76 CN¥3.60 x
2005-12-31 CN¥0.78 CN¥3.60 x
2006-12-31 CN¥1.01 CN¥3.60 x
2007-12-31 CN¥0.70 CN¥3.60 x
2008-12-31 CN¥1.21 CN¥3.60 x
2009-12-31 CN¥1.05 CN¥3.60 x
2010-12-31 CN¥1.05 CN¥3.60 x
2011-12-31 CN¥1.11 CN¥3.60 x
2012-12-31 CN¥0.92 CN¥3.60 x
2013-12-31 CN¥1.48 CN¥3.60 x
2014-12-31 CN¥1.53 CN¥3.60 x
2015-12-31 CN¥1.96 CN¥3.60 x
2016-12-31 CN¥1.90 CN¥3.60 x
2017-12-31 CN¥2.07 CN¥3.60 x
2018-12-31 CN¥1.24 CN¥3.60 x
2019-12-31 CN¥0.59 CN¥3.60 x
2020-12-31 CN¥0.67 CN¥3.60 x
2021-12-31 CN¥0.71 CN¥3.60 x
2022-12-31 CN¥0.79 CN¥3.60 x
2023-12-31 CN¥0.76 CN¥3.60 x
2024-12-31 CN¥0.69 CN¥3.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinke Material 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): 4.36%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.58%
  • • Asset Turnover: 0.94x
  • • Equity Multiplier: 2.94x
  • Recent ROE (4.36%) is above the historical average (-0.60%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 17.65% 3.16% 1.73x 3.23x CN¥5.27 Million
1998 21.74% 5.46% 1.73x 2.30x CN¥11.81 Million
1999 29.00% 6.01% 1.80x 2.68x CN¥20.03 Million
2000 6.10% 3.89% 1.06x 1.47x CN¥-17.85 Million
2001 6.28% 4.30% 1.03x 1.42x CN¥-17.75 Million
2002 0.87% 0.48% 1.13x 1.59x CN¥-43.99 Million
2003 2.47% 1.22% 1.04x 1.95x CN¥-37.19 Million
2004 3.15% 0.94% 1.36x 2.46x CN¥-34.62 Million
2005 4.04% 1.00% 1.86x 2.18x CN¥-31.20 Million
2006 9.11% 1.33% 2.78x 2.47x CN¥-5.03 Million
2007 11.44% 1.70% 2.59x 2.59x CN¥9.16 Million
2008 0.96% 0.28% 1.93x 1.82x CN¥-95.03 Million
2009 1.90% 0.80% 1.29x 1.84x CN¥-93.72 Million
2010 4.58% 1.48% 1.78x 1.73x CN¥-64.39 Million
2011 2.89% 0.68% 2.01x 2.11x CN¥-83.88 Million
2012 0.87% 0.26% 1.63x 2.02x CN¥-108.37 Million
2013 -2.71% -1.23% 1.32x 1.67x CN¥-252.69 Million
2014 1.31% 0.44% 1.69x 1.74x CN¥-174.14 Million
2015 1.02% 0.57% 1.16x 1.54x CN¥-290.00 Million
2016 5.78% 3.73% 1.04x 1.49x CN¥-140.00 Million
2017 4.34% 2.80% 0.91x 1.70x CN¥-195.83 Million
2018 -57.24% -25.16% 1.12x 2.02x CN¥-1.48 Billion
2019 -109.17% -31.95% 1.22x 2.81x CN¥-1.24 Billion
2020 5.19% 2.73% 0.71x 2.66x CN¥-56.81 Million
2021 4.67% 1.81% 0.96x 2.67x CN¥-67.06 Million
2022 6.94% 3.16% 0.80x 2.74x CN¥-43.08 Million
2023 -4.48% -1.91% 0.83x 2.81x CN¥-198.09 Million
2024 4.36% 1.58% 0.94x 2.94x CN¥-80.71 Million

Industry Comparison

This section compares Xinke Material's net assets metrics with peer companies in the Copper industry.

Industry Context

  • Industry: Copper
  • Average net assets among peers: $12,469,157,007
  • Average return on equity (ROE) among peers: 14.70%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xinke Material (600255) CN¥1.81 Billion 17.65% 1.45x $783.04 Million
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
Nanjing Hanrui Cobalt Co Ltd (300618) $205.45 Million 4.85% 2.93x $1.29 Billion
Jiangyin Electrical Alloy Co Ltd (300697) $918.77 Million 11.57% 0.57x $293.48 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