Shandong Gold Mining Co Ltd Net Assets
Shandong Gold Mining Co Ltd net assets. Based on the latest financial reports, Shandong Gold Mining Co Ltd (600547) has net assets worth CN¥67.66 Billion CNY (≈ $9.90 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥177.55 Billion ≈ $25.98 Billion USD) and total liabilities (CN¥109.90 Billion ≈ $16.08 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. Also explore 600547 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥67.66 Billion |
| % of Total Assets | 38.1% |
| Annual Growth Rate | 26.07% |
| 5-Year Change | 58.75% |
| 10-Year Change | 208.69% |
| Growth Volatility | 37.55 |
Net Assets of Shandong Gold Mining Co Ltd (2000–2025)
Net assets of Shandong Gold Mining Co Ltd from 2000 to 2025. This chart illustrates how Shandong Gold Mining Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600547 equity to assets ratio to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see 600547 stock 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.
Shandong Gold Mining Co Ltd Net Assets Breakdown (December 2025)
Shandong Gold Mining Co Ltd net assets breakdown by equity component as of 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 |
|---|---|
|
Taiwan Cooperative Financial Holding Co Ltd
TW:5880
|
$14.08 Billion |
|
KUAISHOU TECHNOLOGY CL.B
F:5Y0
|
$14.08 Billion |
|
LTIMindtree Limited
NSE:LTM
|
$14.08 Billion |
|
Fox Corp Class A
NASDAQ:FOXA
|
$14.10 Billion |
|
JCET Group Co Ltd
SHG:600584
|
$14.04 Billion |
|
Everest Group Ltd
NYSE:EG
|
$14.04 Billion |
|
POSCO Holdings
KO:005490
|
$14.02 Billion |
|
GREAT WALL MOTOR H ADR/10
F:GRVB
|
$14.01 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: 4.56x
- 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 307.23x to 4.56x 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¥26.59 | x |
| 2001-12-31 | CN¥0.10 | CN¥26.59 | x |
| 2002-12-31 | CN¥0.12 | CN¥26.59 | x |
| 2003-12-31 | CN¥0.29 | CN¥26.59 | x |
| 2004-12-31 | CN¥0.31 | CN¥26.59 | x |
| 2005-12-31 | CN¥0.35 | CN¥26.59 | x |
| 2006-12-31 | CN¥0.27 | CN¥26.59 | x |
| 2007-12-31 | CN¥0.33 | CN¥26.59 | x |
| 2008-12-31 | CN¥0.81 | CN¥26.59 | x |
| 2009-12-31 | CN¥1.04 | CN¥26.59 | x |
| 2010-12-31 | CN¥1.39 | CN¥26.59 | x |
| 2011-12-31 | CN¥2.04 | CN¥26.59 | x |
| 2012-12-31 | CN¥2.73 | CN¥26.59 | x |
| 2013-12-31 | CN¥3.03 | CN¥26.59 | x |
| 2014-12-31 | CN¥3.28 | CN¥26.59 | x |
| 2015-12-31 | CN¥3.05 | CN¥26.59 | x |
| 2016-12-31 | CN¥4.72 | CN¥26.59 | x |
| 2017-12-31 | CN¥4.47 | CN¥26.59 | x |
| 2018-12-31 | CN¥5.73 | CN¥26.59 | x |
| 2019-12-31 | CN¥5.38 | CN¥26.59 | x |
| 2020-12-31 | CN¥6.68 | CN¥26.59 | x |
| 2021-12-31 | CN¥6.53 | CN¥26.59 | x |
| 2022-12-31 | CN¥7.35 | CN¥26.59 | x |
| 2023-12-31 | CN¥4.18 | CN¥26.59 | x |
| 2024-12-31 | CN¥7.30 | CN¥26.59 | x |
| 2025-12-31 | CN¥5.83 | CN¥26.59 | 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: $8,917,847,993
- Average return on equity (ROE) among peers: 6.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Gold Mining Co Ltd (600547) | CN¥67.66 Billion | 17.30% | 1.62x | $14.06 Billion |
| Yintai Resources Co Ltd (000975) | $9.99 Billion | 3.37% | 0.13x | $9.83 Billion |
| Hunan Gold Corp Ltd (002155) | $4.36 Billion | 3.25% | 0.49x | $4.63 Billion |
| Zhongjin Gold Corp Ltd (600489) | $4.61 Billion | 10.38% | 0.75x | $14.91 Billion |
| Chifeng Jilong Gold Mining Co Ltd (600988) | $8.54 Billion | 9.41% | 1.19x | $9.15 Billion |
| Western Gold Co Ltd (601069) | $4.38 Billion | -6.25% | 0.54x | $3.26 Billion |
| Zijin Mining Group Co Ltd Class A (601899) | $21.61 Billion | 16.39% | 0.37x | $88.87 Billion |
About Shandong Gold Mining Co Ltd
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