Chifeng Jilong Gold Mining Co Ltd
Chifeng Jilong Gold Mining Co.,Ltd. engages in mining, metallurgical processing, and sales of gold worldwide. The company explores gold, zinc, lead, copper, and molybdenum deposits. It is also involved in dismantling e-waste and power battery recycling. The company was formerly known as Guangdong Oriental Brothers Investment Co., Ltd. and changed its name to Chifeng Jilong Gold Mining Co., Ltd. i… Read more
Chifeng Jilong Gold Mining Co Ltd (600988) - Net Assets
Latest net assets as of September 2025: CN¥15.53 Billion CNY
Based on the latest financial reports, Chifeng Jilong Gold Mining Co Ltd (600988) has net assets worth CN¥15.53 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¥23.47 Billion) and total liabilities (CN¥7.95 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¥15.53 Billion |
| % of Total Assets | 66.15% |
| Annual Growth Rate | 23.35% |
| 5-Year Change | 141.34% |
| 10-Year Change | 389.91% |
| Growth Volatility | 121.35 |
Chifeng Jilong Gold Mining Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Chifeng Jilong Gold Mining 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 Chifeng Jilong Gold Mining Co Ltd (2001–2024)
The table below shows the annual net assets of Chifeng Jilong Gold Mining Co Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.72 Billion | +25.53% |
| 2023-12-31 | CN¥8.54 Billion | +15.31% |
| 2022-12-31 | CN¥7.41 Billion | +48.14% |
| 2021-12-31 | CN¥5.00 Billion | +12.56% |
| 2020-12-31 | CN¥4.44 Billion | +35.67% |
| 2019-12-31 | CN¥3.27 Billion | +15.87% |
| 2018-12-31 | CN¥2.83 Billion | -0.14% |
| 2017-12-31 | CN¥2.83 Billion | +11.34% |
| 2016-12-31 | CN¥2.54 Billion | +16.15% |
| 2015-12-31 | CN¥2.19 Billion | +165.99% |
| 2014-12-31 | CN¥822.88 Million | +37.83% |
| 2013-12-31 | CN¥597.01 Million | +61.84% |
| 2012-12-31 | CN¥368.88 Million | +1529.90% |
| 2011-12-31 | CN¥-25.80 Million | +29.09% |
| 2010-12-31 | CN¥-36.38 Million | +28.12% |
| 2009-12-31 | CN¥-50.61 Million | -375.19% |
| 2008-12-31 | CN¥-10.65 Million | -407.66% |
| 2007-12-31 | CN¥3.46 Million | +103.99% |
| 2006-12-31 | CN¥-86.75 Million | -164.42% |
| 2005-12-31 | CN¥134.67 Million | -58.71% |
| 2004-12-31 | CN¥326.13 Million | +169.61% |
| 2003-12-31 | CN¥120.96 Million | +0.79% |
| 2002-12-31 | CN¥120.01 Million | +39.81% |
| 2001-12-31 | CN¥85.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chifeng Jilong 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 18450.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.43 Billion | 68.55% |
| Common Stock | CN¥1.66 Billion | 21.02% |
| Other Comprehensive Income | CN¥418.84 Million | 5.29% |
| Other Components | CN¥406.72 Million | 5.14% |
| Total Equity | CN¥7.92 Billion | 100.00% |
Chifeng Jilong Gold Mining Co Ltd Competitors by Market Cap
The table below lists competitors of Chifeng Jilong Gold Mining Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SEI Investments Company
NASDAQ:SEIC
|
$7.99 Billion |
|
Element Fleet Management Corp
PINK:ELEEF
|
$7.99 Billion |
|
Industrias Peñoles S.A.B. de C.V
MX:PE&OLES
|
$8.00 Billion |
|
Trent Limited
NSE:TRENT
|
$8.00 Billion |
|
Bangkok Bank PCL
BK:BBL
|
$7.97 Billion |
|
Max Healthcare Institute Limited
NSE:MAXHEALTH
|
$7.97 Billion |
|
CEMEX S.A.B. de C.V
PINK:CXMSF
|
$7.97 Billion |
|
Bid Corporation Limited
PINK:BPPPF
|
$7.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chifeng Jilong Gold Mining Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,151,990,120 to 7,916,811,035, a change of 1,764,820,915 (28.7%).
- Net income of 1,764,339,654 contributed positively to equity growth.
- Dividend payments of 266,343,820 reduced retained earnings.
- Other comprehensive income increased equity by 418,841,028.
- Other factors decreased equity by 152,015,947.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.76 Billion | +22.29% |
| Dividends Paid | CN¥266.34 Million | -3.36% |
| Other Comprehensive Income | CN¥418.84 Million | +5.29% |
| Other Changes | CN¥-152.02 Million | -1.92% |
| Total Change | CN¥- | 28.69% |
Book Value vs Market Value Analysis
This analysis compares Chifeng Jilong 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: 8.52x
- 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 189.81x to 8.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.22 | CN¥40.91 | x |
| 2002-12-31 | CN¥0.30 | CN¥40.91 | x |
| 2003-12-31 | CN¥0.30 | CN¥40.91 | x |
| 2004-12-31 | CN¥0.82 | CN¥40.91 | x |
| 2005-12-31 | CN¥0.33 | CN¥40.91 | x |
| 2006-12-31 | CN¥-0.22 | CN¥40.91 | x |
| 2007-12-31 | CN¥0.00 | CN¥40.91 | x |
| 2008-12-31 | CN¥-0.03 | CN¥40.91 | x |
| 2009-12-31 | CN¥-0.13 | CN¥40.91 | x |
| 2010-12-31 | CN¥-0.09 | CN¥40.91 | x |
| 2011-12-31 | CN¥-0.07 | CN¥40.91 | x |
| 2012-12-31 | CN¥0.48 | CN¥40.91 | x |
| 2013-12-31 | CN¥0.52 | CN¥40.91 | x |
| 2014-12-31 | CN¥0.97 | CN¥40.91 | x |
| 2015-12-31 | CN¥1.57 | CN¥40.91 | x |
| 2016-12-31 | CN¥1.73 | CN¥40.91 | x |
| 2017-12-31 | CN¥1.91 | CN¥40.91 | x |
| 2018-12-31 | CN¥1.97 | CN¥40.91 | x |
| 2019-12-31 | CN¥2.03 | CN¥40.91 | x |
| 2020-12-31 | CN¥2.46 | CN¥40.91 | x |
| 2021-12-31 | CN¥2.78 | CN¥40.91 | x |
| 2022-12-31 | CN¥3.12 | CN¥40.91 | x |
| 2023-12-31 | CN¥3.75 | CN¥40.91 | x |
| 2024-12-31 | CN¥4.80 | CN¥40.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chifeng Jilong 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): 22.29%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.55%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 2.57x
- Recent ROE (22.29%) is below the historical average (211.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 36.19% | 8.57% | 1.35x | 3.13x | CN¥22.48 Million |
| 2002 | 28.48% | 8.90% | 1.35x | 2.37x | CN¥22.17 Million |
| 2003 | 25.59% | 10.34% | 0.90x | 2.75x | CN¥18.86 Million |
| 2004 | 4.79% | 10.41% | 0.24x | 1.94x | CN¥-17.00 Million |
| 2005 | -143.83% | -483.46% | 0.11x | 2.75x | CN¥-204.24 Million |
| 2006 | 0.00% | -765.80% | 0.23x | 0.00x | CN¥-212.21 Million |
| 2007 | 4880.30% | 545.64% | 0.15x | 58.28x | CN¥89.87 Million |
| 2008 | 0.00% | -57.22% | 0.18x | 0.00x | CN¥-9.95 Million |
| 2009 | 0.00% | -66.84% | 0.27x | 0.00x | CN¥-9.32 Million |
| 2010 | 0.00% | 20.56% | 0.84x | 0.00x | CN¥17.14 Million |
| 2011 | 0.00% | 0.86% | 0.51x | 0.00x | CN¥4.24 Million |
| 2012 | 64.49% | 41.45% | 1.13x | 1.37x | CN¥201.01 Million |
| 2013 | 38.20% | 39.21% | 0.40x | 2.44x | CN¥168.37 Million |
| 2014 | 27.81% | 26.88% | 0.57x | 1.81x | CN¥146.58 Million |
| 2015 | 10.83% | 14.53% | 0.46x | 1.61x | CN¥17.66 Million |
| 2016 | 12.99% | 15.21% | 0.55x | 1.55x | CN¥73.92 Million |
| 2017 | 9.96% | 10.61% | 0.53x | 1.76x | CN¥-977.71K |
| 2018 | -2.03% | -2.17% | 0.31x | 3.08x | CN¥-303.20 Million |
| 2019 | 6.39% | 3.10% | 0.78x | 2.65x | CN¥-106.30 Million |
| 2020 | 19.18% | 17.20% | 0.63x | 1.77x | CN¥375.24 Million |
| 2021 | 12.61% | 15.40% | 0.47x | 1.74x | CN¥120.54 Million |
| 2022 | 8.70% | 7.20% | 0.36x | 3.38x | CN¥-67.64 Million |
| 2023 | 13.07% | 11.13% | 0.39x | 3.04x | CN¥188.73 Million |
| 2024 | 22.29% | 19.55% | 0.44x | 2.57x | CN¥972.66 Million |
Industry Comparison
This section compares Chifeng Jilong Gold Mining Co Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $2,679,317,766
- Average return on equity (ROE) among peers: 14.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chifeng Jilong Gold Mining Co Ltd (600988) | CN¥15.53 Billion | 36.19% | 0.51x | $7.99 Billion |
| Sichuan Rongda Gold Co. Ltd. Cl A (001337) | $1.46 Billion | 17.02% | 0.37x | $1.19 Billion |
| Zhongjin Gold Corp Ltd (600489) | $4.65 Billion | 11.21% | 1.70x | $10.35 Billion |
| Zijin Mining Group Co Ltd Class A (601899) | $1.93 Billion | 16.28% | 0.40x | $99.09 Billion |