Chengtun Mining Group Co Ltd

SHG:600711 China Other Industrial Metals & Mining
Market Cap
$5.80 Billion
CN¥42.59 Billion CNY
Market Cap Rank
#2896 Global
#210 in China
Share Price
CN¥13.78
Change (1 day)
-1.08%
52-Week Range
CN¥5.08 - CN¥18.26
All Time High
CN¥18.26
About

Chengtun Mining Group Co., Ltd., together with its subsidiaries, engages in the non-ferrous metal mining business in China and internationally. The company mines, smelts, and produces for zinc, nickel, cobalt, copper, and other non-ferrous metals and related products. It also offers zinc ingots, cathode copper, cobalt hydroxide and tetroxide, cobalt sulfate, ferronickel, low-grade and high-grade … Read more

Chengtun Mining Group Co Ltd (600711) - Net Assets

Latest net assets as of September 2025: CN¥18.74 Billion CNY

Based on the latest financial reports, Chengtun Mining Group Co Ltd (600711) has net assets worth CN¥18.74 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¥41.75 Billion) and total liabilities (CN¥23.01 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¥18.74 Billion
% of Total Assets 44.88%
Annual Growth Rate 18.71%
5-Year Change 50.76%
10-Year Change 322.31%
Growth Volatility 1819.28

Chengtun Mining Group Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Chengtun Mining Group 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 Chengtun Mining Group Co Ltd (1994–2024)

The table below shows the annual net assets of Chengtun Mining Group Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥16.90 Billion +4.38%
2023-12-31 CN¥16.19 Billion -3.51%
2022-12-31 CN¥16.78 Billion +21.82%
2021-12-31 CN¥13.77 Billion +22.88%
2020-12-31 CN¥11.21 Billion +22.74%
2019-12-31 CN¥9.13 Billion +7.05%
2018-12-31 CN¥8.53 Billion +54.68%
2017-12-31 CN¥5.52 Billion +19.64%
2016-12-31 CN¥4.61 Billion +15.21%
2015-12-31 CN¥4.00 Billion +8.81%
2014-12-31 CN¥3.68 Billion +47.47%
2013-12-31 CN¥2.49 Billion +165.87%
2012-12-31 CN¥937.96 Million -8.98%
2011-12-31 CN¥1.03 Billion +7.45%
2010-12-31 CN¥959.09 Million +9807.81%
2009-12-31 CN¥9.68 Million -80.33%
2008-12-31 CN¥49.20 Million -27.23%
2007-12-31 CN¥67.62 Million +415.79%
2006-12-31 CN¥-21.41 Million +24.65%
2005-12-31 CN¥-28.42 Million -120.99%
2004-12-31 CN¥135.35 Million +9.77%
2003-12-31 CN¥123.31 Million +23.92%
2002-12-31 CN¥99.51 Million +18.73%
2001-12-31 CN¥83.81 Million -2.70%
2000-12-31 CN¥86.13 Million +0.40%
1999-12-31 CN¥85.79 Million +19.96%
1998-12-31 CN¥71.51 Million -1.96%
1997-12-31 CN¥72.95 Million -34.93%
1996-12-31 CN¥112.10 Million +4.81%
1995-12-31 CN¥106.95 Million +8.59%
1994-12-31 CN¥98.49 Million --

Equity Component Analysis

This analysis shows how different components contribute to Chengtun Mining Group 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 27426.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.64 Billion 23.54%
Common Stock CN¥3.09 Billion 19.97%
Other Components CN¥8.74 Billion 56.48%
Total Equity CN¥15.47 Billion 100.00%

Chengtun Mining Group Co Ltd Competitors by Market Cap

The table below lists competitors of Chengtun Mining Group Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 13,872,373,823 to 15,473,666,332, a change of 1,601,292,509 (11.5%).
  • Net income of 2,005,394,702 contributed positively to equity growth.
  • Dividend payments of 676,402,058 reduced retained earnings.
  • Share repurchases of 40,351,277 reduced equity.
  • Other factors increased equity by 312,651,142.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥2.01 Billion +12.96%
Dividends Paid CN¥676.40 Million -4.37%
Share Repurchases CN¥40.35 Million -0.26%
Other Changes CN¥312.65 Million +2.02%
Total Change CN¥- 11.54%

Book Value vs Market Value Analysis

This analysis compares Chengtun Mining Group 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 50.03x 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
1994-12-31 CN¥0.28 CN¥13.78 x
1995-12-31 CN¥0.30 CN¥13.78 x
1996-12-31 CN¥0.31 CN¥13.78 x
1997-12-31 CN¥0.20 CN¥13.78 x
1998-12-31 CN¥0.20 CN¥13.78 x
1999-12-31 CN¥0.18 CN¥13.78 x
2000-12-31 CN¥0.18 CN¥13.78 x
2001-12-31 CN¥0.22 CN¥13.78 x
2002-12-31 CN¥0.27 CN¥13.78 x
2003-12-31 CN¥0.31 CN¥13.78 x
2004-12-31 CN¥0.35 CN¥13.78 x
2005-12-31 CN¥-0.09 CN¥13.78 x
2006-12-31 CN¥-0.09 CN¥13.78 x
2007-12-31 CN¥0.04 CN¥13.78 x
2008-12-31 CN¥0.08 CN¥13.78 x
2009-12-31 CN¥-0.02 CN¥13.78 x
2010-12-31 CN¥1.96 CN¥13.78 x
2011-12-31 CN¥1.18 CN¥13.78 x
2012-12-31 CN¥0.94 CN¥13.78 x
2013-12-31 CN¥2.20 CN¥13.78 x
2014-12-31 CN¥2.74 CN¥13.78 x
2015-12-31 CN¥2.55 CN¥13.78 x
2016-12-31 CN¥2.90 CN¥13.78 x
2017-12-31 CN¥2.94 CN¥13.78 x
2018-12-31 CN¥4.15 CN¥13.78 x
2019-12-31 CN¥4.08 CN¥13.78 x
2020-12-31 CN¥4.61 CN¥13.78 x
2021-12-31 CN¥4.34 CN¥13.78 x
2022-12-31 CN¥4.81 CN¥13.78 x
2023-12-31 CN¥4.44 CN¥13.78 x
2024-12-31 CN¥5.01 CN¥13.78 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chengtun Mining Group 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): 12.96%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.79%
  • • Asset Turnover: 0.69x
  • • Equity Multiplier: 2.43x
  • Recent ROE (12.96%) is above the historical average (11.28%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 12.81% 30.23% 0.30x 1.42x CN¥2.76 Million
1995 8.09% 18.64% 0.29x 1.48x CN¥-2.04 Million
1996 10.01% 29.03% 0.22x 1.59x CN¥8.17K
1997 -62.11% -125.81% 0.28x 1.75x CN¥-52.60 Million
1998 5.28% 10.29% 0.31x 1.67x CN¥-3.35 Million
1999 0.92% 3.18% 0.14x 2.11x CN¥-5.97 Million
2000 0.92% 1.82% 0.22x 2.30x CN¥-5.82 Million
2001 21.39% 25.10% 0.34x 2.51x CN¥8.84 Million
2002 18.94% 15.11% 0.54x 2.31x CN¥8.67 Million
2003 17.47% 14.62% 0.36x 3.36x CN¥8.33 Million
2004 -9.90% -10.90% 0.32x 2.82x CN¥-24.63 Million
2005 0.00% -646.74% 0.11x 0.00x CN¥-112.81 Million
2006 0.00% -0.25% 0.51x 0.00x CN¥2.26 Million
2007 209.15% 74.21% 0.13x 22.16x CN¥27.16 Million
2008 45.46% 10.29% 0.55x 8.09x CN¥10.67 Million
2009 0.00% -29.89% 0.54x 0.00x CN¥-36.67 Million
2010 2.48% 9.07% 0.13x 2.04x CN¥-63.08 Million
2011 3.16% 8.07% 0.18x 2.15x CN¥-59.11 Million
2012 3.40% 2.17% 0.77x 2.03x CN¥-57.82 Million
2013 4.36% 5.21% 0.52x 1.61x CN¥-137.16 Million
2014 4.16% 4.49% 0.56x 1.65x CN¥-210.47 Million
2015 3.60% 2.08% 0.81x 2.14x CN¥-245.91 Million
2016 4.34% 1.48% 1.14x 2.57x CN¥-245.59 Million
2017 12.17% 2.95% 1.60x 2.57x CN¥109.01 Million
2018 6.21% 1.46% 2.07x 2.05x CN¥-301.97 Million
2019 3.34% 0.83% 1.83x 2.18x CN¥-598.76 Million
2020 0.55% 0.15% 1.69x 2.18x CN¥-1.01 Billion
2021 8.61% 2.27% 1.65x 2.29x CN¥-166.34 Million
2022 -0.01% -0.01% 0.81x 2.28x CN¥-1.40 Billion
2023 1.91% 1.08% 0.65x 2.72x CN¥-1.12 Billion
2024 12.96% 7.79% 0.69x 2.43x CN¥458.03 Million

Industry Comparison

This section compares Chengtun Mining Group 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
Chengtun Mining Group Co Ltd (600711) CN¥18.74 Billion 12.81% 1.23x $4.71 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