Shandong Gold Mining Co Ltd (600547) - Net Assets

Latest as of December 2025: CN¥50.46 Billion CNY ≈ $7.38 Billion USD

Based on the latest financial reports, Shandong Gold Mining Co Ltd (600547) has net assets worth CN¥50.46 Billion CNY (≈ $7.38 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥170.37 Billion ≈ $24.93 Billion USD) and total liabilities (CN¥119.92 Billion ≈ $17.55 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 Shandong Gold Mining Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥50.46 Billion
% of Total Assets 29.61%
Annual Growth Rate 26.07%
5-Year Change 58.75%
10-Year Change 208.69%
Growth Volatility 37.55

Shandong Gold Mining Co Ltd - Net Assets Trend (2000–2025)

This chart illustrates how Shandong Gold Mining Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600547 asset base for the complete picture of this company's asset base.

Annual Net Assets for Shandong Gold Mining Co Ltd (2000–2025)

The table below shows the annual net assets of Shandong Gold Mining Co Ltd from 2000 to 2025. For live valuation and market cap data, see Shandong Gold Mining Co Ltd market capitalisation.

Year Net Assets Change
2025-12-31 CN¥50.46 Billion
≈ $7.38 Billion		 -13.86%
2024-12-31 CN¥58.57 Billion
≈ $8.57 Billion		 +9.97%
2023-12-31 CN¥53.26 Billion
≈ $7.79 Billion		 +45.13%
2022-12-31 CN¥36.70 Billion
≈ $5.37 Billion		 +15.46%
2021-12-31 CN¥31.78 Billion
≈ $4.65 Billion		 +0.41%
2020-12-31 CN¥31.65 Billion
≈ $4.63 Billion		 +22.60%
2019-12-31 CN¥25.82 Billion
≈ $3.78 Billion		 +10.44%
2018-12-31 CN¥23.38 Billion
≈ $3.42 Billion		 +36.16%
2017-12-31 CN¥17.17 Billion
≈ $2.51 Billion		 +5.04%
2016-12-31 CN¥16.34 Billion
≈ $2.39 Billion		 +58.89%
2015-12-31 CN¥10.29 Billion
≈ $1.51 Billion		 +4.16%
2014-12-31 CN¥9.88 Billion
≈ $1.45 Billion		 +6.78%
2013-12-31 CN¥9.25 Billion
≈ $1.35 Billion		 +6.14%
2012-12-31 CN¥8.71 Billion
≈ $1.28 Billion		 +36.22%
2011-12-31 CN¥6.40 Billion
≈ $936.11 Million		 +39.48%
2010-12-31 CN¥4.59 Billion
≈ $671.13 Million		 +43.85%
2009-12-31 CN¥3.19 Billion
≈ $466.56 Million		 +31.29%
2008-12-31 CN¥2.43 Billion
≈ $355.36 Million		 +142.35%
2007-12-31 CN¥1.00 Billion
≈ $146.63 Million		 +26.70%
2006-12-31 CN¥790.87 Million
≈ $115.73 Million		 +12.02%
2005-12-31 CN¥705.98 Million
≈ $103.31 Million		 +29.92%
2004-12-31 CN¥543.41 Million
≈ $79.52 Million		 +4.96%
2003-12-31 CN¥517.73 Million
≈ $75.76 Million		 +146.77%
2002-12-31 CN¥209.80 Million
≈ $30.70 Million		 +15.46%
2001-12-31 CN¥181.72 Million
≈ $26.59 Million		 +18.07%
2000-12-31 CN¥153.91 Million
≈ $22.52 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Shandong Gold Mining 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 1826442200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥18.26 Billion 59.00%
Common Stock CN¥4.61 Billion 14.89%
Other Comprehensive Income CN¥1.60 Billion 5.17%
Other Components CN¥6.48 Billion 20.94%
Total Equity CN¥30.96 Billion 100.00%

Shandong Gold Mining Co Ltd Competitors by Market Cap

The table below lists competitors of Shandong Gold Mining Co Ltd ranked by their market capitalization.

Company Market Cap
BANCO BRANDESCO SP.ADR 1
F:BREA
 $18.19 Billion
Lennar Corporation
NYSE:LEN
 $18.20 Billion
Broadridge Financial Solutions Inc
NYSE:BR
 $18.21 Billion
INTERCONT HOTELS
F:IC1B
 $18.21 Billion
Santos Ltd
AU:STO
 $18.18 Billion
Adani Energy Solutions Limited
NSE:ADANIENSOL
 $18.17 Billion
Great Wall Motor Co Ltd
SHG:601633
 $18.16 Billion
Press Metal Bhd
KLSE:8869
 $18.14 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 37,797,505,000 to 30,956,103,000, a change of -6,841,402,000 (-18.1%).
  • Net income of 4,993,016,000 contributed positively to equity growth.
  • Dividend payments of 1,467,284,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 11,558,682,000.
  • Other factors increased equity by 1,191,548,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥4.99 Billion +16.13%
Dividends Paid CN¥1.47 Billion -4.74%
Other Comprehensive Income CN¥-11.56 Billion -37.34%
Other Changes CN¥1.19 Billion +3.85%
Total Change CN¥- -18.10%

Book Value vs Market Value Analysis

This analysis compares Shandong Gold Mining 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: 5.90x
  • 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 397.24x to 5.90x 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¥0.09 CN¥34.38 x
2001-12-31 CN¥0.10 CN¥34.38 x
2002-12-31 CN¥0.12 CN¥34.38 x
2003-12-31 CN¥0.29 CN¥34.38 x
2004-12-31 CN¥0.31 CN¥34.38 x
2005-12-31 CN¥0.35 CN¥34.38 x
2006-12-31 CN¥0.27 CN¥34.38 x
2007-12-31 CN¥0.33 CN¥34.38 x
2008-12-31 CN¥0.81 CN¥34.38 x
2009-12-31 CN¥1.04 CN¥34.38 x
2010-12-31 CN¥1.39 CN¥34.38 x
2011-12-31 CN¥2.04 CN¥34.38 x
2012-12-31 CN¥2.73 CN¥34.38 x
2013-12-31 CN¥3.03 CN¥34.38 x
2014-12-31 CN¥3.28 CN¥34.38 x
2015-12-31 CN¥3.05 CN¥34.38 x
2016-12-31 CN¥4.72 CN¥34.38 x
2017-12-31 CN¥4.47 CN¥34.38 x
2018-12-31 CN¥5.73 CN¥34.38 x
2019-12-31 CN¥5.38 CN¥34.38 x
2020-12-31 CN¥6.68 CN¥34.38 x
2021-12-31 CN¥6.53 CN¥34.38 x
2022-12-31 CN¥7.35 CN¥34.38 x
2023-12-31 CN¥4.18 CN¥34.38 x
2024-12-31 CN¥7.30 CN¥34.38 x
2025-12-31 CN¥5.83 CN¥34.38 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shandong Gold Mining 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): 16.13%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.79%
  • • Asset Turnover: 0.61x
  • • Equity Multiplier: 5.50x
  • Recent ROE (16.13%) is above the historical average (14.06%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 17.30% 12.10% 0.65x 2.20x CN¥11.24 Million
2001 14.48% 10.47% 0.54x 2.56x CN¥8.10 Million
2002 12.89% 9.45% 0.58x 2.36x CN¥6.01 Million
2003 7.26% 11.60% 0.45x 1.39x CN¥-14.16 Million
2004 10.71% 3.77% 1.65x 1.72x CN¥3.84 Million
2005 14.06% 2.30% 2.81x 2.18x CN¥25.24 Million
2006 18.76% 3.60% 2.60x 2.00x CN¥59.87 Million
2007 23.58% 1.94% 5.38x 2.26x CN¥111.07 Million
2008 28.16% 3.20% 4.74x 1.86x CN¥410.71 Million
2009 25.90% 3.19% 3.73x 2.17x CN¥457.85 Million
2010 31.46% 3.88% 3.29x 2.46x CN¥834.26 Million
2011 33.55% 4.83% 3.11x 2.23x CN¥1.34 Billion
2012 28.57% 4.32% 2.88x 2.30x CN¥1.41 Billion
2013 13.30% 2.44% 2.11x 2.58x CN¥279.56 Million
2014 9.03% 1.82% 2.03x 2.45x CN¥-89.02 Million
2015 6.69% 1.66% 1.72x 2.35x CN¥-319.41 Million
2016 8.33% 2.58% 1.77x 1.83x CN¥-259.15 Million
2017 6.97% 2.23% 1.21x 2.58x CN¥-495.01 Million
2018 4.74% 1.82% 1.25x 2.08x CN¥-1.14 Billion
2019 5.58% 2.06% 1.08x 2.52x CN¥-1.02 Billion
2020 7.04% 3.18% 1.00x 2.22x CN¥-851.27 Million
2021 -0.66% -0.57% 0.43x 2.68x CN¥-3.12 Billion
2022 3.79% 2.48% 0.55x 2.76x CN¥-2.04 Billion
2023 10.06% 3.93% 0.44x 5.82x CN¥13.09 Million
2024 7.81% 3.58% 0.51x 4.25x CN¥-828.20 Million
2025 16.13% 4.79% 0.61x 5.50x CN¥1.90 Billion

Industry Comparison

This section compares Shandong Gold Mining Co Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $1,282,956,951
  • Average return on equity (ROE) among peers: 17.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shandong Gold Mining Co Ltd (600547) CN¥50.46 Billion 17.30% 2.38x $18.18 Billion
Zhongjin Gold Corp Ltd (600489) $1.24 Billion 20.61% 2.03x $18.41 Billion
Chifeng Jilong Gold Mining Co Ltd (600988) $822.88 Million 27.81% 0.81x $9.25 Billion
Western Gold Co Ltd (601069) $1.14 Billion 6.90% 1.04x $4.34 Billion
Zijin Mining Group Co Ltd Class A (601899) $1.93 Billion 16.28% 0.40x $100.38 Billion

About Shandong Gold Mining Co Ltd

SHG:600547 China Gold
Market Cap
$18.18 Billion
CN¥124.26 Billion CNY
Market Cap Rank
#1388 Global
#131 in China
Share Price
CN¥34.38
Change (1 day)
-2.88%
52-Week Range
CN¥29.15 - CN¥60.61
All Time High
CN¥216.47
Categories
Companies in China Gold
About

Shandong Gold Mining Co., Ltd. engages in mining, smelting, processing, and precious metals in the People's Republic of China. It explores for silver, copper, iron, lead, and zinc metals. The company is also involved in manufacturing special equipment for gold mines; gold and non-ferrous metal mining and smelting; and building decoration materials, as well as invests in gold bars. In addition, it… Read more