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¥18.93 Billion CNY (≈ $2.77 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¥49.85 Billion ≈ $7.29 Billion USD) and total liabilities (CN¥30.91 Billion ≈ $4.52 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 (600711) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥18.93 Billion |
| % of Total Assets | 37.98% |
| Annual Growth Rate | 18.24% |
| 5-Year Change | 28.91% |
| 10-Year Change | 285.12% |
| Growth Volatility | 1788.79 |
Chengtun Mining Group Co Ltd - Net Assets Trend (1994–2025)
This chart illustrates how Chengtun Mining Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Chengtun Mining Group Co Ltd (600711) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Chengtun Mining Group Co Ltd (1994–2025)
The table below shows the annual net assets of Chengtun Mining Group Co Ltd from 1994 to 2025. For live valuation and market cap data, see Chengtun Mining Group Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥17.75 Billion ≈ $2.60 Billion |
+5.06% |
| 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 |
-- |
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 38767.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.14 Billion | 31.21% |
| Common Stock | CN¥3.09 Billion | 18.75% |
| Other Comprehensive Income | CN¥332.11 Million | 2.02% |
| Other Components | CN¥7.91 Billion | 48.02% |
| Total Equity | CN¥16.48 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 |
|---|---|
|
Zhejiang Yinlun Machinery Co Ltd
SHE:002126
|
$6.08 Billion |
|
PGE Polska Grupa Energetyczna SA
WAR:PGE
|
$6.08 Billion |
|
Suzhou Novosense Microelectronics Co. Ltd.
SHG:688052
|
$6.08 Billion |
|
DigitalOcean Holdings Inc
NYSE:DOCN
|
$6.09 Billion |
|
Eregli Demir ve Celik Fabrikalari TAS
IS:EREGL
|
$6.07 Billion |
|
Daewoo Engineering & Construction
KO:047040
|
$6.07 Billion |
|
Lamb Weston Holdings Inc
NYSE:LW
|
$6.07 Billion |
|
Shenzhen Everwin Precision Tech
SHE:300115
|
$6.07 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 2024 to 2025, total equity changed from 15,473,666,332 to 16,480,546,000, a change of 1,006,879,668 (6.5%).
- Net income of 1,961,420,763 contributed positively to equity growth.
- Dividend payments of 460,362,779 reduced retained earnings.
- Share repurchases of 556,059,197 reduced equity.
- Other comprehensive income increased equity by 332,112,000.
- Other factors decreased equity by 270,231,119.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.96 Billion | +11.9% |
| Dividends Paid | CN¥460.36 Million | -2.79% |
| Share Repurchases | CN¥556.06 Million | -3.37% |
| Other Comprehensive Income | CN¥332.11 Million | +2.02% |
| Other Changes | CN¥-270.23 Million | -1.64% |
| Total Change | CN¥- | 6.51% |
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: 2.51x
- 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 48.76x to 2.51x 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¥13.43 | x |
| 1995-12-31 | CN¥0.30 | CN¥13.43 | x |
| 1996-12-31 | CN¥0.31 | CN¥13.43 | x |
| 1997-12-31 | CN¥0.20 | CN¥13.43 | x |
| 1998-12-31 | CN¥0.20 | CN¥13.43 | x |
| 1999-12-31 | CN¥0.18 | CN¥13.43 | x |
| 2000-12-31 | CN¥0.18 | CN¥13.43 | x |
| 2001-12-31 | CN¥0.22 | CN¥13.43 | x |
| 2002-12-31 | CN¥0.27 | CN¥13.43 | x |
| 2003-12-31 | CN¥0.31 | CN¥13.43 | x |
| 2004-12-31 | CN¥0.35 | CN¥13.43 | x |
| 2005-12-31 | CN¥-0.09 | CN¥13.43 | x |
| 2006-12-31 | CN¥-0.09 | CN¥13.43 | x |
| 2007-12-31 | CN¥0.04 | CN¥13.43 | x |
| 2008-12-31 | CN¥0.08 | CN¥13.43 | x |
| 2009-12-31 | CN¥-0.02 | CN¥13.43 | x |
| 2010-12-31 | CN¥1.96 | CN¥13.43 | x |
| 2011-12-31 | CN¥1.18 | CN¥13.43 | x |
| 2012-12-31 | CN¥0.94 | CN¥13.43 | x |
| 2013-12-31 | CN¥2.20 | CN¥13.43 | x |
| 2014-12-31 | CN¥2.74 | CN¥13.43 | x |
| 2015-12-31 | CN¥2.55 | CN¥13.43 | x |
| 2016-12-31 | CN¥2.90 | CN¥13.43 | x |
| 2017-12-31 | CN¥2.94 | CN¥13.43 | x |
| 2018-12-31 | CN¥4.15 | CN¥13.43 | x |
| 2019-12-31 | CN¥4.08 | CN¥13.43 | x |
| 2020-12-31 | CN¥4.61 | CN¥13.43 | x |
| 2021-12-31 | CN¥4.34 | CN¥13.43 | x |
| 2022-12-31 | CN¥4.81 | CN¥13.43 | x |
| 2023-12-31 | CN¥4.44 | CN¥13.43 | x |
| 2024-12-31 | CN¥5.01 | CN¥13.43 | x |
| 2025-12-31 | CN¥5.35 | CN¥13.43 | 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): 11.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.54%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 2.62x
- Recent ROE (11.90%) is above the historical average (11.30%), 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 |
| 2025 | 11.90% | 6.54% | 0.70x | 2.62x | CN¥313.37 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: $4,359,612,611
- Average return on equity (ROE) among peers: -63.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengtun Mining Group Co Ltd (600711) | CN¥18.93 Billion | 12.81% | 1.63x | $6.07 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $10.72 Billion | 8.58% | 0.82x | $5.46 Billion |
| Inner Mongolia Xingye Mining Co Ltd (000426) | $2.75 Billion | -1.05% | 1.38x | $11.18 Billion |
| Shengda Mining Co Ltd (000603) | $212.05 Million | 13.28% | 0.48x | $2.78 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $14.86 Billion | 0.01% | 1.11x | $4.66 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $7.90 Billion | 10.13% | 0.99x | $36.12 Billion |
| Guocheng Mining Co Ltd (000688) | $88.76 Million | 10.06% | 1.18x | $6.67 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $150.15 Million | -722.71% | 48.00x | $1.34 Billion |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $6.32 Billion | 4.20% | 2.02x | $2.22 Billion |
| Tibet Mineral Development Co Ltd (000762) | $96.09 Million | 36.21% | 0.84x | $2.32 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $504.86 Million | 10.71% | 0.49x | $1.69 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 smelts copper, cobalt, nickel, zinc, and other non-ferrous metals and related products. It also offers cathode copper, zinc ingots, cobalt hydroxide, cobalt tetroxide, cobalt sulfate, ferronickel, low-grade nick… Read more