Ningbo Jintian Copper Group Co Ltd
Ningbo Jintian Copper (Group) Co., Ltd. manufactures and sells copper-based products in China and internationally. The company offers high precision bronze strip, brass strips, and copper plate and strips; copper valves, gas valves, cast steel valves, stainless steel valves, sanitary wares, water meters, and various pipe fittings; gate valves, ball valves, stop valves, check valves, filter ,tempe… Read more
Ningbo Jintian Copper Group Co Ltd (601609) - Net Assets
Latest net assets as of September 2025: CN¥10.42 Billion CNY
Based on the latest financial reports, Ningbo Jintian Copper Group Co Ltd (601609) has net assets worth CN¥10.42 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¥28.79 Billion) and total liabilities (CN¥18.37 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¥10.42 Billion |
| % of Total Assets | 36.19% |
| Annual Growth Rate | 10.6% |
| 5-Year Change | 25.26% |
| 10-Year Change | 177.3% |
| Growth Volatility | 9.67 |
Ningbo Jintian Copper Group Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Ningbo Jintian Copper 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 Ningbo Jintian Copper Group Co Ltd (2013–2024)
The table below shows the annual net assets of Ningbo Jintian Copper Group Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.57 Billion | +1.06% |
| 2023-12-31 | CN¥8.48 Billion | +9.17% |
| 2022-12-31 | CN¥7.77 Billion | +1.83% |
| 2021-12-31 | CN¥7.63 Billion | +11.50% |
| 2020-12-31 | CN¥6.84 Billion | +37.88% |
| 2019-12-31 | CN¥4.96 Billion | +11.73% |
| 2018-12-31 | CN¥4.44 Billion | +14.64% |
| 2017-12-31 | CN¥3.88 Billion | +14.95% |
| 2016-12-31 | CN¥3.37 Billion | +9.05% |
| 2015-12-31 | CN¥3.09 Billion | +5.17% |
| 2014-12-31 | CN¥2.94 Billion | +3.85% |
| 2013-12-31 | CN¥2.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Jintian Copper 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 419.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.31 Billion | 51.68% |
| Common Stock | CN¥1.49 Billion | 17.81% |
| Other Components | CN¥2.55 Billion | 30.51% |
| Total Equity | CN¥8.35 Billion | 100.00% |
Ningbo Jintian Copper Group Co Ltd Competitors by Market Cap
The table below lists competitors of Ningbo Jintian Copper Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trisura Group Ltd
PINK:TRRSF
|
$1.09 Billion |
|
Angel One Limited
NSE:ANGELONE
|
$1.09 Billion |
|
Escorts Kubota Limited
NSE:ESCORTS
|
$1.09 Billion |
|
US LIME+MINER.INC. DL-01
F:ULI
|
$1.09 Billion |
|
Röko AB (publ)
F:N8Q
|
$1.09 Billion |
|
NetDragon Websoft Holdings Limited
PINK:NDWTY
|
$1.09 Billion |
|
Henan Yuneng Holdings Co Ltd
SHE:001896
|
$1.09 Billion |
|
Freehold Royalties Ltd.
PINK:FRHLF
|
$1.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Jintian Copper Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,255,945,987 to 8,345,094,263, a change of 89,148,276 (1.1%).
- Net income of 462,042,630 contributed positively to equity growth.
- Dividend payments of 586,943,184 reduced retained earnings.
- Share repurchases of 283,472,858 reduced equity.
- Other factors increased equity by 497,521,688.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥462.04 Million | +5.54% |
| Dividends Paid | CN¥586.94 Million | -7.03% |
| Share Repurchases | CN¥283.47 Million | -3.4% |
| Other Changes | CN¥497.52 Million | +5.96% |
| Total Change | CN¥- | 1.08% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Jintian Copper 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: 1.87x
- 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 4.37x to 1.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.41 | CN¥10.53 | x |
| 2014-12-31 | CN¥2.43 | CN¥10.53 | x |
| 2015-12-31 | CN¥2.55 | CN¥10.53 | x |
| 2016-12-31 | CN¥2.82 | CN¥10.53 | x |
| 2017-12-31 | CN¥3.20 | CN¥10.53 | x |
| 2018-12-31 | CN¥3.57 | CN¥10.53 | x |
| 2019-12-31 | CN¥3.31 | CN¥10.53 | x |
| 2020-12-31 | CN¥4.60 | CN¥10.53 | x |
| 2021-12-31 | CN¥4.96 | CN¥10.53 | x |
| 2022-12-31 | CN¥5.03 | CN¥10.53 | x |
| 2023-12-31 | CN¥5.49 | CN¥10.53 | x |
| 2024-12-31 | CN¥5.64 | CN¥10.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Jintian Copper 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): 5.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.37%
- • Asset Turnover: 4.81x
- • Equity Multiplier: 3.09x
- Recent ROE (5.54%) is below the historical average (7.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.32% | 0.39% | 4.17x | 2.06x | CN¥-189.00 Million |
| 2014 | 4.94% | 0.53% | 4.50x | 2.08x | CN¥-148.83 Million |
| 2015 | 5.49% | 0.54% | 5.56x | 1.83x | CN¥-139.30 Million |
| 2016 | 8.50% | 0.86% | 4.20x | 2.35x | CN¥-50.55 Million |
| 2017 | 11.24% | 1.45% | 3.66x | 2.12x | CN¥48.00 Million |
| 2018 | 9.81% | 1.04% | 4.44x | 2.13x | CN¥-8.32 Million |
| 2019 | 10.26% | 1.21% | 3.95x | 2.16x | CN¥12.54 Million |
| 2020 | 7.64% | 1.09% | 3.59x | 1.95x | CN¥-158.58 Million |
| 2021 | 9.89% | 0.91% | 4.25x | 2.55x | CN¥-8.42 Million |
| 2022 | 5.56% | 0.42% | 5.06x | 2.65x | CN¥-335.24 Million |
| 2023 | 6.38% | 0.48% | 5.06x | 2.64x | CN¥-298.82 Million |
| 2024 | 5.54% | 0.37% | 4.81x | 3.09x | CN¥-372.47 Million |
Industry Comparison
This section compares Ningbo Jintian Copper Group Co Ltd's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $11,279,165,402
- Average return on equity (ROE) among peers: 14.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Jintian Copper Group Co Ltd (601609) | CN¥10.42 Billion | 3.32% | 1.76x | $1.09 Billion |
| Tongling Nonferrous Metals Group Co Ltd (000630) | $18.58 Billion | 2.89% | 1.57x | $5.53 Billion |
| North Copper Shanxi Co Ltd (000737) | $394.48 Million | 67.70% | 2.99x | $1.76 Billion |
| Yunnan Copper Co Ltd (000878) | $1.78 Billion | 4.64% | 1.28x | $3.49 Billion |
| Zhejiang Hailiang Co Ltd (002203) | $273.58 Million | 22.16% | 4.45x | $2.17 Billion |
| Nanjing Hanrui Cobalt Co Ltd (300618) | $205.45 Million | 4.85% | 2.93x | $1.29 Billion |
| Jiangyin Electrical Alloy Co Ltd (300697) | $918.77 Million | 11.57% | 0.57x | $293.48 Million |
| Xinke Material (600255) | $569.24 Million | 9.09% | 1.46x | $783.04 Million |
| Jiangxi Copper Co Ltd Class A (600362) | $87.80 Billion | 7.93% | 1.20x | $12.79 Billion |
| Pengxin International Mining Co Ltd (600490) | $319.50 Million | 6.24% | 0.35x | $1.72 Billion |
| Ningbo Boway Alloy Material Co Ltd (601137) | $1.96 Billion | 4.30% | 0.33x | $1.21 Billion |