Xinke Material (600255) - Net Assets

Latest as of September 2025: CN¥1.81 Billion CNY ≈ $264.93 Million USD

Based on the latest financial reports, Xinke Material (600255) has net assets worth CN¥1.81 Billion CNY (≈ $264.93 Million USD) 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 ≈ $649.93 Million USD) and total liabilities (CN¥2.63 Billion ≈ $385.00 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 Xinke Material liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore 600255 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Xinke Material (1997–2024)

The table below shows the annual net assets of Xinke Material from 1997 to 2024. For live valuation and market cap data, see Xinke Material (600255) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥1.81 Billion ≈ $264.38 Million	+5.72%
2023-12-31	CN¥1.71 Billion ≈ $250.09 Million	-1.62%
2022-12-31	CN¥1.74 Billion ≈ $254.20 Million	+14.22%
2021-12-31	CN¥1.52 Billion ≈ $222.56 Million	+6.80%
2020-12-31	CN¥1.42 Billion ≈ $208.38 Million	+20.42%
2019-12-31	CN¥1.18 Billion ≈ $173.05 Million	-51.49%
2018-12-31	CN¥2.44 Billion ≈ $356.71 Million	-33.18%
2017-12-31	CN¥3.65 Billion ≈ $533.80 Million	+6.53%
2016-12-31	CN¥3.42 Billion ≈ $501.06 Million	+2.95%
2015-12-31	CN¥3.33 Billion ≈ $486.71 Million	+59.09%
2014-12-31	CN¥2.09 Billion ≈ $305.93 Million	+1.13%
2013-12-31	CN¥2.07 Billion ≈ $302.50 Million	+64.18%
2012-12-31	CN¥1.26 Billion ≈ $184.25 Million	+0.93%
2011-12-31	CN¥1.25 Billion ≈ $182.55 Million	+4.84%
2010-12-31	CN¥1.19 Billion ≈ $174.12 Million	+2.62%
2009-12-31	CN¥1.16 Billion ≈ $169.67 Million	+10.09%
2008-12-31	CN¥1.05 Billion ≈ $154.12 Million	+65.28%
2007-12-31	CN¥637.24 Million ≈ $93.25 Million	+11.95%
2006-12-31	CN¥569.24 Million ≈ $83.30 Million	+8.38%
2005-12-31	CN¥525.22 Million ≈ $76.86 Million	+3.56%
2004-12-31	CN¥507.17 Million ≈ $74.21 Million	+2.34%
2003-12-31	CN¥495.59 Million ≈ $72.52 Million	+2.53%
2002-12-31	CN¥483.34 Million ≈ $70.73 Million	+1.19%
2001-12-31	CN¥477.64 Million ≈ $69.89 Million	+4.49%
2000-12-31	CN¥457.10 Million ≈ $66.89 Million	+333.55%
1999-12-31	CN¥105.43 Million ≈ $15.43 Million	+4.83%
1998-12-31	CN¥100.57 Million ≈ $14.72 Million	+45.99%
1997-12-31	CN¥68.89 Million ≈ $10.08 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
ASK AUTOMOTIVE LIMITED NSE:ASKAUTOLTD	$980.84 Million
Alphamin Resources Corp F:21L	$980.92 Million
Apacer Technology Inc TW:8271	$980.94 Million
Dios Fastigheter AB ST:DIOS	$981.11 Million
Companhia de Saneamento do Paraná - SANEPAR SA:SAPR3	$980.51 Million
ProFrac Holding Corp. NASDAQ:ACDC	$980.32 Million
Lushang Property Co Ltd SHG:600223	$980.30 Million
Guangdong Enpack Packaging Co Ltd SHE:002846	$980.26 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: 5.39x
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 35.96x to 5.39x 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¥3.71	x
1998-12-31	CN¥0.15	CN¥3.71	x
1999-12-31	CN¥0.16	CN¥3.71	x
2000-12-31	CN¥0.68	CN¥3.71	x
2001-12-31	CN¥0.72	CN¥3.71	x
2002-12-31	CN¥0.72	CN¥3.71	x
2003-12-31	CN¥0.74	CN¥3.71	x
2004-12-31	CN¥0.76	CN¥3.71	x
2005-12-31	CN¥0.78	CN¥3.71	x
2006-12-31	CN¥1.01	CN¥3.71	x
2007-12-31	CN¥0.70	CN¥3.71	x
2008-12-31	CN¥1.21	CN¥3.71	x
2009-12-31	CN¥1.05	CN¥3.71	x
2010-12-31	CN¥1.05	CN¥3.71	x
2011-12-31	CN¥1.11	CN¥3.71	x
2012-12-31	CN¥0.92	CN¥3.71	x
2013-12-31	CN¥1.48	CN¥3.71	x
2014-12-31	CN¥1.53	CN¥3.71	x
2015-12-31	CN¥1.96	CN¥3.71	x
2016-12-31	CN¥1.90	CN¥3.71	x
2017-12-31	CN¥2.07	CN¥3.71	x
2018-12-31	CN¥1.24	CN¥3.71	x
2019-12-31	CN¥0.59	CN¥3.71	x
2020-12-31	CN¥0.67	CN¥3.71	x
2021-12-31	CN¥0.71	CN¥3.71	x
2022-12-31	CN¥0.79	CN¥3.71	x
2023-12-31	CN¥0.76	CN¥3.71	x
2024-12-31	CN¥0.69	CN¥3.71	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: $12,383,286,773
Average return on equity (ROE) among peers: 5.42%

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	$980.54 Million
Tongling Nonferrous Metals Group Co Ltd (000630)	$18.58 Billion	2.89%	1.57x	$12.75 Billion
North Copper Shanxi Co Ltd (000737)	$990.12 Million	-67.62%	2.77x	$4.15 Billion
Yunnan Copper Co Ltd (000878)	$5.71 Billion	29.88%	2.46x	$7.09 Billion
Zhejiang Hailiang Co Ltd (002203)	$10.21 Billion	6.64%	1.58x	$6.64 Billion
Nanjing Hanrui Cobalt Co Ltd (300618)	$1.90 Billion	37.26%	0.82x	$2.23 Billion
Jiangyin Electrical Alloy Co Ltd (300697)	$191.25 Million	22.66%	5.67x	$1.05 Billion
Jiangxi Copper Co Ltd Class A (600362)	$66.86 Billion	3.47%	1.11x	$14.25 Billion
Pengxin International Mining Co Ltd (600490)	$3.25 Billion	1.91%	0.26x	$2.70 Billion
Ningbo Boway Alloy Material Co Ltd (601137)	$3.75 Billion	11.72%	1.02x	$2.42 Billion

About Xinke Material

SHG:600255 China Copper

Market Cap

$980.54 Million

CN¥6.70 Billion CNY

Market Cap Rank

#9245 Global

#2508 in China

Share Price

CN¥3.71

Change (1 day)

+1.64%

52-Week Range

CN¥3.06 - CN¥4.78

All Time High

CN¥6.49