Shenghe Resources Holding Co Ltd

SHG:600392 China Other Industrial Metals & Mining
Market Cap
$6.04 Billion
CN¥44.35 Billion CNY
Market Cap Rank
#3276 Global
#245 in China
Share Price
CN¥25.30
Change (1 day)
-3.91%
52-Week Range
CN¥10.21 - CN¥33.57
All Time High
CN¥33.57
Categories
Companies in China Other Industrial Metals & Mining
About

Shenghe Resources Holding Co., Ltd engages in the research and development, production, and supply of rare earth and related products in China and internationally. It offers rare earth concentrates, oxides, compounds, metals, metallurgy, gold materials, quartz sand, titanium fine powder, and rutile, etc. It also offers mineral sands comprising of zircon sands, titanium concentrate, rutile, kyanit… Read more

Shenghe Resources Holding Co Ltd (600392) - Net Assets

Latest net assets as of September 2025: CN¥14.94 Billion CNY

Based on the latest financial reports, Shenghe Resources Holding Co Ltd (600392) has net assets worth CN¥14.94 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¥22.16 Billion) and total liabilities (CN¥7.22 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¥14.94 Billion
% of Total Assets 67.41%
Annual Growth Rate 25.41%
5-Year Change 20.47%
10-Year Change 586.11%
Growth Volatility 97.94

Shenghe Resources Holding Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Shenghe Resources Holding 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 Shenghe Resources Holding Co Ltd (2000–2024)

The table below shows the annual net assets of Shenghe Resources Holding Co Ltd from 2000 to 2024.

Year Net Assets Change
2024-12-31 CN¥9.65 Billion -1.16%
2023-12-31 CN¥9.76 Billion -2.54%
2022-12-31 CN¥10.02 Billion +0.22%
2021-12-31 CN¥10.00 Billion +24.80%
2020-12-31 CN¥8.01 Billion +46.18%
2019-12-31 CN¥5.48 Billion +1.78%
2018-12-31 CN¥5.38 Billion +3.71%
2017-12-31 CN¥5.19 Billion +272.35%
2016-12-31 CN¥1.39 Billion -0.88%
2015-12-31 CN¥1.41 Billion +8.41%
2014-12-31 CN¥1.30 Billion +17.44%
2013-12-31 CN¥1.10 Billion +19.53%
2012-12-31 CN¥924.13 Million +322.63%
2011-12-31 CN¥218.66 Million -46.35%
2010-12-31 CN¥407.55 Million -18.19%
2009-12-31 CN¥498.16 Million +1.19%
2008-12-31 CN¥492.30 Million +5.72%
2007-12-31 CN¥465.66 Million +1.99%
2006-12-31 CN¥456.57 Million +8.02%
2005-12-31 CN¥422.68 Million +9.73%
2004-12-31 CN¥385.20 Million +15.02%
2003-12-31 CN¥334.89 Million +299.65%
2002-12-31 CN¥83.80 Million +51.15%
2001-12-31 CN¥55.44 Million +31.67%
2000-12-31 CN¥42.10 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenghe Resources Holding 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 69092.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.23 Billion 48.44%
Common Stock CN¥1.75 Billion 20.07%
Other Comprehensive Income CN¥-1.47 Billion -16.80%
Other Components CN¥4.22 Billion 48.29%
Total Equity CN¥8.73 Billion 100.00%

Shenghe Resources Holding Co Ltd Competitors by Market Cap

The table below lists competitors of Shenghe Resources Holding Co Ltd ranked by their market capitalization.

Company Market Cap
St Galler Kantonalbank AG
SW:SGKN
 		$4.00 Billion
Wangsu Science Tech
SHE:300017
 		$4.01 Billion
Haidilao International Holding Ltd
PINK:HDALF
 		$4.01 Billion
Unite Group PLC
PINK:UTGPF
 		$4.01 Billion
SG Micro Corp
SHE:300661
 		$4.00 Billion
IES Holdings Inc
NASDAQ:IESC
 		$4.00 Billion
Sino Biopharmaceutical Limited
PINK:SBMFF
 		$4.00 Billion
Polycab India Limited
NSE:POLYCAB
 		$4.00 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,018,779,388 to 8,733,639,307, a change of -285,140,081 (-3.2%).
  • Net income of 207,196,453 contributed positively to equity growth.
  • Dividend payments of 211,720,949 reduced retained earnings.
  • Other comprehensive income decreased equity by 1,467,036,859.
  • Other factors increased equity by 1,186,421,274.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥207.20 Million +2.37%
Dividends Paid CN¥211.72 Million -2.42%
Other Comprehensive Income CN¥-1.47 Billion -16.8%
Other Changes CN¥1.19 Billion +13.58%
Total Change CN¥- -3.16%

Book Value vs Market Value Analysis

This analysis compares Shenghe Resources Holding 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: 5.00x
  • 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 223.70x to 5.00x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CN¥0.11 CN¥25.30 x
2001-12-31 CN¥0.15 CN¥25.30 x
2002-12-31 CN¥0.14 CN¥25.30 x
2003-12-31 CN¥0.59 CN¥25.30 x
2004-12-31 CN¥0.63 CN¥25.30 x
2005-12-31 CN¥0.70 CN¥25.30 x
2006-12-31 CN¥1.21 CN¥25.30 x
2007-12-31 CN¥0.91 CN¥25.30 x
2008-12-31 CN¥0.96 CN¥25.30 x
2009-12-31 CN¥1.01 CN¥25.30 x
2010-12-31 CN¥0.79 CN¥25.30 x
2011-12-31 CN¥0.43 CN¥25.30 x
2012-12-31 CN¥1.27 CN¥25.30 x
2013-12-31 CN¥0.86 CN¥25.30 x
2014-12-31 CN¥1.03 CN¥25.30 x
2015-12-31 CN¥0.99 CN¥25.30 x
2016-12-31 CN¥0.97 CN¥25.30 x
2017-12-31 CN¥3.20 CN¥25.30 x
2018-12-31 CN¥2.96 CN¥25.30 x
2019-12-31 CN¥3.01 CN¥25.30 x
2020-12-31 CN¥4.32 CN¥25.30 x
2021-12-31 CN¥5.34 CN¥25.30 x
2022-12-31 CN¥5.27 CN¥25.30 x
2023-12-31 CN¥5.15 CN¥25.30 x
2024-12-31 CN¥5.06 CN¥25.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenghe Resources Holding 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): 2.37%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.82%
  • • Asset Turnover: 0.73x
  • • Equity Multiplier: 1.78x
  • Recent ROE (2.37%) is below the historical average (6.13%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 26.23% 7.82% 1.92x 1.74x CN¥6.44 Million
2001 34.88% 8.20% 2.35x 1.81x CN¥13.10 Million
2002 33.71% 8.36% 1.95x 2.06x CN¥18.83 Million
2003 8.30% 7.47% 0.64x 1.74x CN¥-5.54 Million
2004 10.29% 5.84% 0.86x 2.05x CN¥1.00 Million
2005 10.32% 6.95% 0.68x 2.19x CN¥1.25 Million
2006 9.45% 8.19% 0.49x 2.34x CN¥-2.33 Million
2007 8.37% 7.56% 0.52x 2.11x CN¥-7.53 Million
2008 5.37% 4.84% 0.47x 2.37x CN¥-22.61 Million
2009 1.22% 1.29% 0.37x 2.57x CN¥-43.42 Million
2010 -21.70% -24.09% 0.33x 2.72x CN¥-128.83 Million
2011 -71.62% -39.51% 0.44x 4.12x CN¥-179.91 Million
2012 16.98% 20.61% 0.64x 1.28x CN¥63.55 Million
2013 13.92% 10.76% 1.07x 1.21x CN¥41.66 Million
2014 15.32% 12.70% 0.82x 1.47x CN¥66.80 Million
2015 1.60% 1.76% 0.48x 1.90x CN¥-101.42 Million
2016 -2.75% -2.40% 0.54x 2.11x CN¥-152.14 Million
2017 6.75% 6.47% 0.62x 1.68x CN¥-161.75 Million
2018 5.52% 4.60% 0.71x 1.69x CN¥-232.83 Million
2019 1.92% 1.46% 0.74x 1.79x CN¥-426.28 Million
2020 4.27% 3.96% 0.67x 1.60x CN¥-433.42 Million
2021 11.49% 10.14% 0.70x 1.62x CN¥139.86 Million
2022 17.23% 9.51% 1.08x 1.68x CN¥668.89 Million
2023 3.69% 1.86% 1.17x 1.70x CN¥-569.14 Million
2024 2.37% 1.82% 0.73x 1.78x CN¥-666.17 Million

Industry Comparison

This section compares Shenghe Resources Holding Co Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $4,050,550,397
  • Average return on equity (ROE) among peers: -2.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenghe Resources Holding Co Ltd (600392) CN¥14.94 Billion 26.23% 0.48x $4.00 Billion
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) $12.84 Billion 7.75% 0.90x $2.31 Billion
Shengda Mining Co Ltd (000603) $137.02 Million -70.66% 1.02x $2.08 Billion
Pangang Group Vanadium Titanium & Resources Co Ltd (000629) $8.87 Billion 10.35% 1.29x $2.61 Billion
China Tungsten and Hightech Materials Co Ltd (000657) $5.63 Billion 9.36% 0.74x $11.02 Billion
Guocheng Mining Co Ltd (000688) $1.04 Billion 2.34% 0.72x $1.64 Billion
Huludao Zinc Industry Co Ltd (000751) $-3.38 Billion 0.00% 0.00x $885.40 Million
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) $8.99 Billion 0.24% 1.46x $1.24 Billion
Tibet Mineral Development Co Ltd (000762) $2.60 Billion 5.40% 0.11x $1.57 Billion
Innuovo Technology Co Ltd Class A (000795) $2.00 Billion 1.73% 0.26x $694.51 Million
Yunnan Tin Co Ltd (000960) $1.77 Billion 11.99% 1.41x $4.62 Billion