Chengtun Mining Group Co Ltd (600711) - Net Assets
Based on the latest financial reports, Chengtun Mining Group Co Ltd (600711) has net assets worth CN¥18.74 Billion CNY (≈ $2.74 Billion USD) 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 ≈ $6.11 Billion USD) and total liabilities (CN¥23.01 Billion ≈ $3.37 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 Chengtun Mining Group Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Chengtun Mining Group Co Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Chengtun Mining Group Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥16.90 Billion ≈ $2.47 Billion |
+4.38% |
| 2023-12-31 | CN¥16.19 Billion ≈ $2.37 Billion |
-3.51% |
| 2022-12-31 | CN¥16.78 Billion ≈ $2.46 Billion |
+21.82% |
| 2021-12-31 | CN¥13.77 Billion ≈ $2.02 Billion |
+22.88% |
| 2020-12-31 | CN¥11.21 Billion ≈ $1.64 Billion |
+22.74% |
| 2019-12-31 | CN¥9.13 Billion ≈ $1.34 Billion |
+7.05% |
| 2018-12-31 | CN¥8.53 Billion ≈ $1.25 Billion |
+54.68% |
| 2017-12-31 | CN¥5.52 Billion ≈ $807.04 Million |
+19.64% |
| 2016-12-31 | CN¥4.61 Billion ≈ $674.58 Million |
+15.21% |
| 2015-12-31 | CN¥4.00 Billion ≈ $585.53 Million |
+8.81% |
| 2014-12-31 | CN¥3.68 Billion ≈ $538.13 Million |
+47.47% |
| 2013-12-31 | CN¥2.49 Billion ≈ $364.92 Million |
+165.87% |
| 2012-12-31 | CN¥937.96 Million ≈ $137.25 Million |
-8.98% |
| 2011-12-31 | CN¥1.03 Billion ≈ $150.80 Million |
+7.45% |
| 2010-12-31 | CN¥959.09 Million ≈ $140.35 Million |
+9807.81% |
| 2009-12-31 | CN¥9.68 Million ≈ $1.42 Million |
-80.33% |
| 2008-12-31 | CN¥49.20 Million ≈ $7.20 Million |
-27.23% |
| 2007-12-31 | CN¥67.62 Million ≈ $9.89 Million |
+415.79% |
| 2006-12-31 | CN¥-21.41 Million ≈ $-3.13 Million |
+24.65% |
| 2005-12-31 | CN¥-28.42 Million ≈ $-4.16 Million |
-120.99% |
| 2004-12-31 | CN¥135.35 Million ≈ $19.81 Million |
+9.77% |
| 2003-12-31 | CN¥123.31 Million ≈ $18.04 Million |
+23.92% |
| 2002-12-31 | CN¥99.51 Million ≈ $14.56 Million |
+18.73% |
| 2001-12-31 | CN¥83.81 Million ≈ $12.26 Million |
-2.70% |
| 2000-12-31 | CN¥86.13 Million ≈ $12.60 Million |
+0.40% |
| 1999-12-31 | CN¥85.79 Million ≈ $12.55 Million |
+19.96% |
| 1998-12-31 | CN¥71.51 Million ≈ $10.46 Million |
-1.96% |
| 1997-12-31 | CN¥72.95 Million ≈ $10.67 Million |
-34.93% |
| 1996-12-31 | CN¥112.10 Million ≈ $16.40 Million |
+4.81% |
| 1995-12-31 | CN¥106.95 Million ≈ $15.65 Million |
+8.59% |
| 1994-12-31 | CN¥98.49 Million ≈ $14.41 Million |
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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.
| Company | Market Cap |
|---|---|
|
Peric Special Gases Co. Ltd. A
SHG:688146
|
$6.22 Billion |
|
Chailease Holding Co Ltd
TW:5871
|
$6.23 Billion |
|
Lithia Motors Inc
NYSE:LAD
|
$6.23 Billion |
|
Castellum AB
ST:CAST
|
$6.24 Billion |
|
Capstone Mining Corp
TO:CS
|
$6.22 Billion |
|
Healthcare Realty Trust Incorporated
NYSE:HR
|
$6.21 Billion |
|
Hui Lyu Ecological Technology Groups Co Ltd
SHE:001267
|
$6.20 Billion |
|
GUOTAI JUNAN SEC. H YC1
F:153A
|
$6.19 Billion |
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 49.95x 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¥13.76 | x |
| 1995-12-31 | CN¥0.30 | CN¥13.76 | x |
| 1996-12-31 | CN¥0.31 | CN¥13.76 | x |
| 1997-12-31 | CN¥0.20 | CN¥13.76 | x |
| 1998-12-31 | CN¥0.20 | CN¥13.76 | x |
| 1999-12-31 | CN¥0.18 | CN¥13.76 | x |
| 2000-12-31 | CN¥0.18 | CN¥13.76 | x |
| 2001-12-31 | CN¥0.22 | CN¥13.76 | x |
| 2002-12-31 | CN¥0.27 | CN¥13.76 | x |
| 2003-12-31 | CN¥0.31 | CN¥13.76 | x |
| 2004-12-31 | CN¥0.35 | CN¥13.76 | x |
| 2005-12-31 | CN¥-0.09 | CN¥13.76 | x |
| 2006-12-31 | CN¥-0.09 | CN¥13.76 | x |
| 2007-12-31 | CN¥0.04 | CN¥13.76 | x |
| 2008-12-31 | CN¥0.08 | CN¥13.76 | x |
| 2009-12-31 | CN¥-0.02 | CN¥13.76 | x |
| 2010-12-31 | CN¥1.96 | CN¥13.76 | x |
| 2011-12-31 | CN¥1.18 | CN¥13.76 | x |
| 2012-12-31 | CN¥0.94 | CN¥13.76 | x |
| 2013-12-31 | CN¥2.20 | CN¥13.76 | x |
| 2014-12-31 | CN¥2.74 | CN¥13.76 | x |
| 2015-12-31 | CN¥2.55 | CN¥13.76 | x |
| 2016-12-31 | CN¥2.90 | CN¥13.76 | x |
| 2017-12-31 | CN¥2.94 | CN¥13.76 | x |
| 2018-12-31 | CN¥4.15 | CN¥13.76 | x |
| 2019-12-31 | CN¥4.08 | CN¥13.76 | x |
| 2020-12-31 | CN¥4.61 | CN¥13.76 | x |
| 2021-12-31 | CN¥4.34 | CN¥13.76 | x |
| 2022-12-31 | CN¥4.81 | CN¥13.76 | x |
| 2023-12-31 | CN¥4.44 | CN¥13.76 | x |
| 2024-12-31 | CN¥5.01 | CN¥13.76 | 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: $1,959,266,320
- Average return on equity (ROE) among peers: -2.79%
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 | $6.22 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $3.76 Billion | 32.01% | 1.11x | $4.18 Billion |
| Inner Mongolia Xingye Mining Co Ltd (000426) | $5.38 Billion | 10.51% | 0.74x | $11.01 Billion |
| Shengda Mining Co Ltd (000603) | $137.02 Million | -70.66% | 1.02x | $3.68 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $4.41 Billion | 10.92% | 0.64x | $4.95 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $614.81 Million | -14.57% | 0.74x | $19.40 Billion |
| Guocheng Mining Co Ltd (000688) | $511.55 Million | 16.02% | 1.88x | $8.93 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $2.76 Billion | 0.23% | 1.29x | $1.44 Billion |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $804.76 Million | -0.58% | 0.69x | $2.04 Billion |
| Tibet Mineral Development Co Ltd (000762) | $451.19 Million | -13.05% | 0.45x | $2.95 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $768.04 Million | 1.24% | 0.33x | $1.53 Billion |
About Chengtun Mining Group Co Ltd
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