Sino-Platinum Metals Co Ltd (600459) - Net Assets
Based on the latest financial reports, Sino-Platinum Metals Co Ltd (600459) has net assets worth CN¥8.29 Billion CNY (≈ $1.21 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥23.62 Billion ≈ $3.46 Billion USD) and total liabilities (CN¥15.33 Billion ≈ $2.24 Billion 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 Sino-Platinum Metals Co Ltd (600459) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.29 Billion |
| % of Total Assets | 35.09% |
| Annual Growth Rate | 20.59% |
| 5-Year Change | 101.6% |
| 10-Year Change | 315.06% |
| Growth Volatility | 45.14 |
Sino-Platinum Metals Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Sino-Platinum Metals Co Ltd's net assets have evolved over time, based on quarterly financial data. See Sino-Platinum Metals Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sino-Platinum Metals Co Ltd (2000–2025)
The table below shows the annual net assets of Sino-Platinum Metals Co Ltd from 2000 to 2025. For live valuation and market cap data, see how much is Sino-Platinum Metals Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥8.07 Billion ≈ $1.18 Billion |
+9.60% |
| 2024-12-31 | CN¥7.37 Billion ≈ $1.08 Billion |
+8.73% |
| 2023-12-31 | CN¥6.77 Billion ≈ $991.27 Million |
+9.34% |
| 2022-12-31 | CN¥6.20 Billion ≈ $906.60 Million |
+54.72% |
| 2021-12-31 | CN¥4.00 Billion ≈ $585.96 Million |
+9.58% |
| 2020-12-31 | CN¥3.65 Billion ≈ $534.72 Million |
+6.85% |
| 2019-12-31 | CN¥3.42 Billion ≈ $500.46 Million |
+51.08% |
| 2018-12-31 | CN¥2.26 Billion ≈ $331.24 Million |
+10.20% |
| 2017-12-31 | CN¥2.05 Billion ≈ $300.57 Million |
+5.61% |
| 2016-12-31 | CN¥1.94 Billion ≈ $284.61 Million |
+3.41% |
| 2015-12-31 | CN¥1.88 Billion ≈ $275.24 Million |
+2.85% |
| 2014-12-31 | CN¥1.83 Billion ≈ $267.61 Million |
+3.66% |
| 2013-12-31 | CN¥1.76 Billion ≈ $258.15 Million |
+80.74% |
| 2012-12-31 | CN¥976.08 Million ≈ $142.83 Million |
+2.70% |
| 2011-12-31 | CN¥950.41 Million ≈ $139.07 Million |
+45.88% |
| 2010-12-31 | CN¥651.52 Million ≈ $95.34 Million |
+8.18% |
| 2009-12-31 | CN¥602.25 Million ≈ $88.13 Million |
+12.11% |
| 2008-12-31 | CN¥537.19 Million ≈ $78.61 Million |
-13.06% |
| 2007-12-31 | CN¥617.93 Million ≈ $90.42 Million |
+18.07% |
| 2006-12-31 | CN¥523.36 Million ≈ $76.58 Million |
+27.04% |
| 2005-12-31 | CN¥411.96 Million ≈ $60.28 Million |
-3.19% |
| 2004-12-31 | CN¥425.52 Million ≈ $62.27 Million |
+7.40% |
| 2003-12-31 | CN¥396.22 Million ≈ $57.98 Million |
+221.34% |
| 2002-12-31 | CN¥123.30 Million ≈ $18.04 Million |
+15.12% |
| 2001-12-31 | CN¥107.11 Million ≈ $15.67 Million |
+43.03% |
| 2000-12-31 | CN¥74.89 Million ≈ $10.96 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sino-Platinum Metals 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 89955.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.99 Billion | 26.09% |
| Other Components | CN¥5.64 Billion | 73.91% |
| Total Equity | CN¥7.64 Billion | 100.00% |
Sino-Platinum Metals Co Ltd Competitors by Market Cap
The table below lists competitors of Sino-Platinum Metals Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Multistrada Arah Sarana Tbk
JK:MASA
|
$3.34 Billion |
|
Shanghai Junshi Biosciences Co Ltd
SHG:688180
|
$3.34 Billion |
|
New Hope Corporation Ltd
AU:NHC
|
$3.34 Billion |
|
Xiamen Amoytop Biotech Co Ltd
SHG:688278
|
$3.34 Billion |
|
Fermi Inc.
NASDAQ:FRMI
|
$3.33 Billion |
|
Pacific Securities Co Ltd
SHG:601099
|
$3.33 Billion |
|
ATHENS INTERNATIONAL AIRPORT S.
AT:AIA
|
$3.33 Billion |
|
Fattal 1998 Holdings Ltd
TA:FTAL
|
$3.33 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sino-Platinum Metals Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,076,773,879 to 7,636,021,998, a change of 559,248,119 (7.9%).
- Net income of 640,541,453 contributed positively to equity growth.
- Dividend payments of 330,015,317 reduced retained earnings.
- Other factors increased equity by 248,721,984.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥640.54 Million | +8.39% |
| Dividends Paid | CN¥330.02 Million | -4.32% |
| Other Changes | CN¥248.72 Million | +3.26% |
| Total Change | CN¥- | 7.90% |
Book Value vs Market Value Analysis
This analysis compares Sino-Platinum Metals 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: 2.75x
- 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 96.04x to 2.75x 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¥0.29 | CN¥27.68 | x |
| 2001-12-31 | CN¥0.31 | CN¥27.68 | x |
| 2002-12-31 | CN¥0.38 | CN¥27.68 | x |
| 2003-12-31 | CN¥1.43 | CN¥27.68 | x |
| 2004-12-31 | CN¥1.53 | CN¥27.68 | x |
| 2005-12-31 | CN¥1.49 | CN¥27.68 | x |
| 2006-12-31 | CN¥1.28 | CN¥27.68 | x |
| 2007-12-31 | CN¥1.52 | CN¥27.68 | x |
| 2008-12-31 | CN¥1.32 | CN¥27.68 | x |
| 2009-12-31 | CN¥1.55 | CN¥27.68 | x |
| 2010-12-31 | CN¥2.05 | CN¥27.68 | x |
| 2011-12-31 | CN¥2.31 | CN¥27.68 | x |
| 2012-12-31 | CN¥2.69 | CN¥27.68 | x |
| 2013-12-31 | CN¥4.03 | CN¥27.68 | x |
| 2014-12-31 | CN¥3.99 | CN¥27.68 | x |
| 2015-12-31 | CN¥4.13 | CN¥27.68 | x |
| 2016-12-31 | CN¥4.21 | CN¥27.68 | x |
| 2017-12-31 | CN¥4.39 | CN¥27.68 | x |
| 2018-12-31 | CN¥4.67 | CN¥27.68 | x |
| 2019-12-31 | CN¥5.97 | CN¥27.68 | x |
| 2020-12-31 | CN¥6.06 | CN¥27.68 | x |
| 2021-12-31 | CN¥6.53 | CN¥27.68 | x |
| 2022-12-31 | CN¥10.07 | CN¥27.68 | x |
| 2023-12-31 | CN¥8.62 | CN¥27.68 | x |
| 2024-12-31 | CN¥9.40 | CN¥27.68 | x |
| 2025-12-31 | CN¥10.05 | CN¥27.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sino-Platinum Metals 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): 8.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.15%
- • Asset Turnover: 2.80x
- • Equity Multiplier: 2.60x
- Recent ROE (8.39%) is above the historical average (6.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 18.96% | 7.39% | 1.49x | 1.72x | CN¥6.71 Million |
| 2001 | 19.18% | 9.89% | 0.76x | 2.55x | CN¥7.47 Million |
| 2002 | 16.59% | 7.41% | 0.97x | 2.31x | CN¥6.43 Million |
| 2003 | 3.96% | 5.94% | 0.50x | 1.34x | CN¥-22.43 Million |
| 2004 | 7.46% | 10.66% | 0.51x | 1.37x | CN¥-10.14 Million |
| 2005 | 1.15% | 1.30% | 0.65x | 1.35x | CN¥-34.16 Million |
| 2006 | 6.44% | 4.66% | 0.72x | 1.92x | CN¥-17.61 Million |
| 2007 | 16.44% | 8.33% | 0.93x | 2.12x | CN¥37.80 Million |
| 2008 | -16.70% | -6.20% | 1.03x | 2.63x | CN¥-136.54 Million |
| 2009 | 1.58% | 0.83% | 1.11x | 1.70x | CN¥-48.50 Million |
| 2010 | 8.27% | 2.67% | 1.46x | 2.12x | CN¥-10.51 Million |
| 2011 | 4.08% | 1.25% | 1.57x | 2.08x | CN¥-54.02 Million |
| 2012 | 3.21% | 0.71% | 2.18x | 2.08x | CN¥-63.31 Million |
| 2013 | 4.74% | 1.47% | 2.27x | 1.42x | CN¥-88.68 Million |
| 2014 | 4.89% | 1.24% | 2.39x | 1.65x | CN¥-89.17 Million |
| 2015 | 3.58% | 0.83% | 2.35x | 1.84x | CN¥-114.54 Million |
| 2016 | 4.50% | 0.77% | 3.14x | 1.86x | CN¥-101.56 Million |
| 2017 | 6.13% | 0.77% | 2.95x | 2.69x | CN¥-75.19 Million |
| 2018 | 7.57% | 0.92% | 2.85x | 2.89x | CN¥-50.42 Million |
| 2019 | 7.22% | 1.09% | 2.83x | 2.34x | CN¥-89.58 Million |
| 2020 | 9.52% | 1.13% | 3.02x | 2.79x | CN¥-16.59 Million |
| 2021 | 8.89% | 0.87% | 3.42x | 2.97x | CN¥-41.44 Million |
| 2022 | 6.85% | 1.00% | 3.12x | 2.20x | CN¥-186.81 Million |
| 2023 | 7.20% | 1.04% | 3.83x | 1.81x | CN¥-182.45 Million |
| 2024 | 8.19% | 1.22% | 3.27x | 2.06x | CN¥-128.19 Million |
| 2025 | 8.39% | 1.15% | 2.80x | 2.60x | CN¥-123.06 Million |
Industry Comparison
This section compares Sino-Platinum Metals Co Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $4,237,357,018
- Average return on equity (ROE) among peers: 2.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sino-Platinum Metals Co Ltd (600459) | CN¥8.29 Billion | 18.96% | 1.85x | $3.33 Billion |
| Zhongrun Resources Investment (000506) | $-195.27 Million | 0.00% | 0.00x | $2.07 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $4.49 Billion | 2.28% | 1.45x | $2.45 Billion |
| Yintai Resources Co Ltd (000975) | $9.39 Billion | 7.05% | 0.14x | $8.80 Billion |
| Henan Huanghe Whirlwind Co Ltd (600172) | $3.26 Billion | 1.32% | 2.28x | $2.72 Billion |
About Sino-Platinum Metals Co Ltd
Sino-Platinum Metals Co.,Ltd engages in the precious metal industrial materials manufacturing industry in China. It offers precious metals, such as gold, silver, as well as platinum group metals, including platinum, palladium, rhodium, iridium, ruthenium, and osmium; precious metal catalytic materials used in petrochemical, pharmaceutical synthesis, fine chemicals, nitroammonia fertilizer, automo… Read more