Minmetals Capital Co Ltd

SHG:600390 China Financial Conglomerates
Market Cap
$3.42 Billion
CN¥25.10 Billion CNY
Market Cap Rank
#5866 Global
#819 in China
Share Price
CN¥5.58
Change (1 day)
-1.06%
52-Week Range
CN¥5.14 - CN¥6.70
All Time High
CN¥19.12
Categories
Companies in China Financial Conglomerates Banking & Financial
About

Minmetals Capital Company Limited engages in the investment, trust, finance leasing, securities, futures, and other businesses in China. The company was formerly known as Kingray New Materials Science & Technology Co., Ltd and changed its name to Minmetals Capital Company Limited in March 2017. Minmetals Capital Company Limited was incorporated in 1999 and is based in Beijing, China.

Minmetals Capital Co Ltd (600390) - Net Assets

Latest net assets as of September 2025: CN¥54.27 Billion CNY

Based on the latest financial reports, Minmetals Capital Co Ltd (600390) has net assets worth CN¥54.27 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¥155.42 Billion) and total liabilities (CN¥101.15 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¥54.27 Billion
% of Total Assets 34.92%
Annual Growth Rate 30.37%
5-Year Change 11.49%
10-Year Change 284.62%
Growth Volatility 305.93

Minmetals Capital Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Minmetals Capital 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 Minmetals Capital Co Ltd (1997–2024)

The table below shows the annual net assets of Minmetals Capital Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥61.77 Billion -0.18%
2023-12-31 CN¥61.89 Billion +6.03%
2022-12-31 CN¥58.37 Billion +2.20%
2021-12-31 CN¥57.11 Billion +3.07%
2020-12-31 CN¥55.41 Billion +45.01%
2019-12-31 CN¥38.21 Billion +6.24%
2018-12-31 CN¥35.97 Billion +4.30%
2017-12-31 CN¥34.48 Billion +113.71%
2016-12-31 CN¥16.14 Billion +0.46%
2015-12-31 CN¥16.06 Billion +1548.64%
2014-12-31 CN¥974.20 Million -3.40%
2013-12-31 CN¥1.01 Billion +75.60%
2012-12-31 CN¥574.29 Million +1.74%
2011-12-31 CN¥564.48 Million -14.34%
2010-12-31 CN¥658.97 Million +4.92%
2009-12-31 CN¥628.10 Million -19.97%
2008-12-31 CN¥784.78 Million +3.84%
2007-12-31 CN¥755.75 Million +8.52%
2006-12-31 CN¥696.45 Million +8.76%
2005-12-31 CN¥640.36 Million -18.17%
2004-12-31 CN¥782.56 Million +2.22%
2003-12-31 CN¥765.59 Million -2.04%
2002-12-31 CN¥781.53 Million +3.78%
2001-12-31 CN¥753.06 Million +11.15%
2000-12-31 CN¥677.54 Million +569.53%
1999-12-31 CN¥101.20 Million +21.54%
1998-12-31 CN¥83.26 Million +73.58%
1997-12-31 CN¥47.97 Million --

Equity Component Analysis

This analysis shows how different components contribute to Minmetals Capital 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 1239963191267.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥12.40 Billion 23.83%
Common Stock CN¥4.50 Billion 8.64%
Other Components CN¥35.14 Billion 67.53%
Total Equity CN¥52.03 Billion 100.00%

Minmetals Capital Co Ltd Competitors by Market Cap

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

Company Market Cap
Shenyang Machine Tool Co Ltd
SHE:000410
 		$1.49 Billion
Guangdong Zhongsheng Pharmaceutical Co Ltd
SHE:002317
 		$1.49 Billion
Nanning Chemical Industry Co Ltd
SHG:600301
 		$1.49 Billion
Pearl Abyss Corp
KQ:263750
 		$1.49 Billion
A10 Network
NYSE:ATEN
 		$1.48 Billion
Societatea Nationala de Transport Gaze Naturale Transgaz SA
RO:TGN
 		$1.48 Billion
Maze Therapeutics, Inc. Common Stock
NASDAQ:MAZE
 		$1.48 Billion
CPFL Energia S.A
SA:CPFE3
 		$1.48 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 52,362,367,469 to 52,032,278,000, a change of -330,089,469 (-0.6%).
  • Net income of 505,506,807 contributed positively to equity growth.
  • Dividend payments of 1,600,969,279 reduced retained earnings.
  • Other factors increased equity by 765,373,003.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥505.51 Million +0.97%
Dividends Paid CN¥1.60 Billion -3.08%
Other Changes CN¥765.37 Million +1.47%
Total Change CN¥- -0.63%

Book Value vs Market Value Analysis

This analysis compares Minmetals Capital 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: 0.54x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 46.70x to 0.54x 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¥0.12 CN¥5.58 x
1998-12-31 CN¥0.21 CN¥5.58 x
1999-12-31 CN¥0.25 CN¥5.58 x
2000-12-31 CN¥1.67 CN¥5.58 x
2001-12-31 CN¥1.74 CN¥5.58 x
2002-12-31 CN¥1.74 CN¥5.58 x
2003-12-31 CN¥1.73 CN¥5.58 x
2004-12-31 CN¥1.78 CN¥5.58 x
2005-12-31 CN¥1.45 CN¥5.58 x
2006-12-31 CN¥1.61 CN¥5.58 x
2007-12-31 CN¥1.73 CN¥5.58 x
2008-12-31 CN¥1.83 CN¥5.58 x
2009-12-31 CN¥1.57 CN¥5.58 x
2010-12-31 CN¥1.59 CN¥5.58 x
2011-12-31 CN¥1.39 CN¥5.58 x
2012-12-31 CN¥1.27 CN¥5.58 x
2013-12-31 CN¥2.35 CN¥5.58 x
2014-12-31 CN¥1.91 CN¥5.58 x
2015-12-31 CN¥27.52 CN¥5.58 x
2016-12-31 CN¥26.15 CN¥5.58 x
2017-12-31 CN¥7.49 CN¥5.58 x
2018-12-31 CN¥7.24 CN¥5.58 x
2019-12-31 CN¥7.68 CN¥5.58 x
2020-12-31 CN¥10.11 CN¥5.58 x
2021-12-31 CN¥9.30 CN¥5.58 x
2022-12-31 CN¥9.17 CN¥5.58 x
2023-12-31 CN¥8.82 CN¥5.58 x
2024-12-31 CN¥10.29 CN¥5.58 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Minmetals Capital 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): 0.97%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.33%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 3.09x
  • Recent ROE (0.97%) is below the historical average (4.72%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 26.33% 8.91% 1.15x 2.58x CN¥7.83 Million
1998 26.09% 12.76% 1.04x 1.97x CN¥13.40 Million
1999 30.84% 17.41% 0.83x 2.13x CN¥21.09 Million
2000 3.95% 11.86% 0.25x 1.34x CN¥-40.60 Million
2001 3.62% 11.21% 0.26x 1.24x CN¥-44.54 Million
2002 2.23% 6.11% 0.27x 1.33x CN¥-54.25 Million
2003 -0.85% -1.55% 0.33x 1.68x CN¥-75.24 Million
2004 2.89% 2.82% 0.62x 1.66x CN¥-50.75 Million
2005 -23.03% -17.88% 0.61x 2.10x CN¥-192.63 Million
2006 3.69% 2.64% 0.65x 2.14x CN¥-38.98 Million
2007 8.12% 3.88% 0.95x 2.21x CN¥-12.52 Million
2008 5.92% 3.22% 0.92x 2.00x CN¥-28.70 Million
2009 -16.93% -10.06% 0.80x 2.11x CN¥-161.91 Million
2010 4.46% 2.15% 0.89x 2.32x CN¥-34.66 Million
2011 -16.13% -6.90% 0.92x 2.53x CN¥-140.86 Million
2012 0.92% 0.45% 0.69x 2.93x CN¥-49.00 Million
2013 1.07% 0.94% 0.62x 1.83x CN¥-82.69 Million
2014 -3.15% -2.15% 0.60x 2.42x CN¥-117.13 Million
2015 12.36% 10.82% 0.50x 2.28x CN¥323.41 Million
2016 11.00% 13.37% 0.34x 2.40x CN¥141.02 Million
2017 7.90% 18.46% 0.11x 3.76x CN¥-657.14 Million
2018 6.91% 17.45% 0.11x 3.69x CN¥-1.01 Billion
2019 7.94% 17.07% 0.13x 3.69x CN¥-710.12 Million
2020 8.21% 22.96% 0.12x 2.93x CN¥-819.23 Million
2021 7.20% 26.11% 0.09x 3.11x CN¥-1.32 Billion
2022 5.24% 22.92% 0.07x 3.16x CN¥-2.30 Billion
2023 4.40% 23.59% 0.06x 3.20x CN¥-2.93 Billion
2024 0.97% 6.33% 0.05x 3.09x CN¥-4.70 Billion

Industry Comparison

This section compares Minmetals Capital Co Ltd's net assets metrics with peer companies in the Financial Conglomerates industry.

Industry Context

  • Industry: Financial Conglomerates
  • Average net assets among peers: $6,922,355,782
  • Average return on equity (ROE) among peers: 8.21%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Minmetals Capital Co Ltd (600390) CN¥54.27 Billion 26.33% 1.86x $1.49 Billion
CNPC Capital Co Ltd (000617) $835.83 Million 6.31% 1.65x $3.22 Billion
Guangzhou Friendship Group Co Ltd (000987) $18.34 Billion 3.45% 3.18x $1.40 Billion
Rendong Holdings Co Ltd (002647) $-649.07 Million 0.00% 0.00x $1.34 Billion
Guosheng Financial Holding Inc (002670) $11.13 Billion 1.50% 3.10x $1.14 Billion
First Capital Securities Co Ltd Class A (002797) $6.57 Billion 15.53% 4.06x $3.31 Billion
Shanghai Chinafortune Co Ltd (600621) $871.69 Million -14.47% 0.62x $969.43 Million
China Galaxy Securities Co Ltd Class A (601881) $11.35 Billion 45.14% 7.32x $10.64 Billion