CITIC Metal Co. Ltd. A
CITIC Metal Co., Ltd, together with its subsidiaries, trades in metals and mineral products in China and internationally. The company offers ferrous and non-ferrous metals; iron ore; steel plates, including hot and cold rolled steel sheets, zinc plated steel sheets, and moderately thick steel plates; steel strips and tubular steel products; cooper products, such as copper concentrate, electrolyti… Read more
CITIC Metal Co. Ltd. A (601061) - Net Assets
Latest net assets as of June 2025: CN¥22.52 Billion CNY
Based on the latest financial reports, CITIC Metal Co. Ltd. A (601061) has net assets worth CN¥22.52 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥48.05 Billion) and total liabilities (CN¥25.53 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¥22.52 Billion |
| % of Total Assets | 46.87% |
| Annual Growth Rate | 26.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.04 |
CITIC Metal Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how CITIC Metal Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CITIC Metal Co. Ltd. A (2021–2024)
The table below shows the annual net assets of CITIC Metal Co. Ltd. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥21.95 Billion | +14.84% |
| 2023-12-31 | CN¥19.12 Billion | +36.83% |
| 2022-12-31 | CN¥13.97 Billion | +28.19% |
| 2021-12-31 | CN¥10.90 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CITIC Metal Co. Ltd. A'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 90.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥10.10 Billion | 46.01% |
| Other Components | CN¥11.85 Billion | 53.99% |
| Total Equity | CN¥21.95 Billion | 100.00% |
CITIC Metal Co. Ltd. A Competitors by Market Cap
The table below lists competitors of CITIC Metal Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ningbo Jifeng Auto Parts Co
SHG:603997
|
$922.24 Million |
|
Nippon Light Metal Holdings Company Ltd
F:N9L
|
$922.60 Million |
|
Advantage Energy Ltd.
PINK:AAVVF
|
$922.80 Million |
|
Avino Silver & Gold Mines Ltd
NYSE MKT:ASM
|
$923.16 Million |
|
TOMPK.FINL CORP. DL-10
F:8J0
|
$921.67 Million |
|
LSHGF
OTCGREY:LSHGF
|
$921.43 Million |
|
ams AG
PINK:AUKUF
|
$921.39 Million |
|
Natco Pharma Limited
NSE:NATCOPHARM
|
$921.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CITIC Metal Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,116,596,400 to 21,954,236,515, a change of 2,837,640,116 (14.8%).
- Net income of 2,238,248,234 contributed positively to equity growth.
- Dividend payments of 1,705,708,900 reduced retained earnings.
- Other factors increased equity by 2,305,100,782.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.24 Billion | +10.2% |
| Dividends Paid | CN¥1.71 Billion | -7.77% |
| Other Changes | CN¥2.31 Billion | +10.5% |
| Total Change | CN¥- | 14.84% |
Book Value vs Market Value Analysis
This analysis compares CITIC Metal Co. Ltd. A'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: 3.03x
- 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 5.48x to 3.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥2.48 | CN¥13.59 | x |
| 2022-12-31 | CN¥3.18 | CN¥13.59 | x |
| 2023-12-31 | CN¥3.90 | CN¥13.59 | x |
| 2024-12-31 | CN¥4.48 | CN¥13.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CITIC Metal Co. Ltd. A 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): 10.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.72%
- • Asset Turnover: 2.71x
- • Equity Multiplier: 2.19x
- Recent ROE (10.20%) is below the historical average (13.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 16.72% | 1.62% | 2.93x | 3.54x | CN¥732.65 Million |
| 2022 | 15.86% | 1.86% | 3.06x | 2.79x | CN¥818.22 Million |
| 2023 | 10.76% | 1.65% | 2.81x | 2.33x | CN¥145.77 Million |
| 2024 | 10.20% | 1.72% | 2.71x | 2.19x | CN¥42.82 Million |
Industry Comparison
This section compares CITIC Metal Co. Ltd. A'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: $3,918,577,233
- Average return on equity (ROE) among peers: 8.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CITIC Metal Co. Ltd. A (601061) | CN¥22.52 Billion | 16.72% | 1.13x | $921.73 Million |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $11.36 Billion | 7.50% | 0.79x | $2.29 Billion |
| Inner Mongolia Xingye Mining Co Ltd (000426) | $1.61 Billion | 11.63% | 0.95x | $7.99 Billion |
| Shengda Mining Co Ltd (000603) | $3.57 Billion | 10.93% | 0.85x | $2.08 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $7.50 Billion | 10.99% | 0.51x | $2.57 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $6.50 Billion | 12.30% | 1.00x | $11.20 Billion |
| Guocheng Mining Co Ltd (000688) | $235.99 Million | 13.55% | 1.14x | $1.53 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $2.76 Billion | 2.28% | 0.95x | $885.40 Million |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $3.10 Billion | 3.54% | 1.69x | $1.23 Billion |
| Tibet Mineral Development Co Ltd (000762) | $545.80 Million | 7.81% | 0.84x | $1.53 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $2.00 Billion | 1.73% | 0.26x | $695.97 Million |