Metallurgical Corporation of China Ltd (601618) - Net Assets

Latest as of September 2025: CN¥134.22 Billion CNY ≈ $19.64 Billion USD

Based on the latest financial reports, Metallurgical Corporation of China Ltd (601618) has net assets worth CN¥134.22 Billion CNY (≈ $19.64 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¥873.01 Billion ≈ $127.75 Billion USD) and total liabilities (CN¥738.78 Billion ≈ $108.11 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 Metallurgical Corporation of China Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥134.22 Billion
% of Total Assets 15.37%
Annual Growth Rate 19.62%
5-Year Change 29.91%
10-Year Change 156.25%
Growth Volatility 78.44

Metallurgical Corporation of China Ltd - Net Assets Trend (2004–2024)

This chart illustrates how Metallurgical Corporation of China Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Metallurgical Corporation of China Ltd for the complete picture of this company's asset base.

Annual Net Assets for Metallurgical Corporation of China Ltd (2004–2024)

The table below shows the annual net assets of Metallurgical Corporation of China Ltd from 2004 to 2024. For live valuation and market cap data, see Metallurgical Corporation of China Ltd market capitalisation.

Year Net Assets Change
2024-12-31 CN¥182.34 Billion
≈ $26.68 Billion		 +8.54%
2023-12-31 CN¥167.99 Billion
≈ $24.58 Billion		 +3.76%
2022-12-31 CN¥161.91 Billion
≈ $23.69 Billion		 +6.95%
2021-12-31 CN¥151.39 Billion
≈ $22.15 Billion		 +7.86%
2020-12-31 CN¥140.36 Billion
≈ $20.54 Billion		 +20.06%
2019-12-31 CN¥116.91 Billion
≈ $17.11 Billion		 +13.87%
2018-12-31 CN¥102.67 Billion
≈ $15.02 Billion		 +5.50%
2017-12-31 CN¥97.32 Billion
≈ $14.24 Billion		 +17.10%
2016-12-31 CN¥83.11 Billion
≈ $12.16 Billion		 +16.80%
2015-12-31 CN¥71.16 Billion
≈ $10.41 Billion		 +22.63%
2014-12-31 CN¥58.02 Billion
≈ $8.49 Billion		 +5.37%
2013-12-31 CN¥55.07 Billion
≈ $8.06 Billion		 +4.29%
2012-12-31 CN¥52.80 Billion
≈ $7.73 Billion		 -9.24%
2011-12-31 CN¥58.17 Billion
≈ $8.51 Billion		 +8.71%
2010-12-31 CN¥53.51 Billion
≈ $7.83 Billion		 +15.93%
2009-12-31 CN¥46.16 Billion
≈ $6.75 Billion		 +354.98%
2008-12-31 CN¥10.15 Billion
≈ $1.48 Billion		 -52.15%
2007-12-31 CN¥21.20 Billion
≈ $3.10 Billion		 +55.29%
2006-12-31 CN¥13.65 Billion
≈ $2.00 Billion		 +46.70%
2005-12-31 CN¥9.31 Billion
≈ $1.36 Billion		 +83.53%
2004-12-31 CN¥5.07 Billion
≈ $742.11 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Metallurgical Corporation of China 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 5305347100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥52.70 Billion 34.43%
Common Stock CN¥20.72 Billion 13.54%
Other Comprehensive Income CN¥52.38 Billion 34.22%
Other Components CN¥27.24 Billion 17.80%
Total Equity CN¥153.04 Billion 100.00%

Metallurgical Corporation of China Ltd Competitors by Market Cap

The table below lists competitors of Metallurgical Corporation of China Ltd ranked by their market capitalization.

Company Market Cap
Shanghai Fosun Pharmaceutical Group Co Ltd
SHG:600196
 $7.45 Billion
Yes Bank Limited
NSE:YESBANK
 $7.46 Billion
Pearson plc
F:PESA
 $7.47 Billion
Shenzhen Capchem Tech
SHE:300037
 $7.47 Billion
AURUBIS AG UNSP.ADR 1/2
F:NDA1
 $7.45 Billion
Public Power Corporation S.A.
AT:PPC
 $7.44 Billion
Bajaj Housing Finance
NSE:BAJAJHFL
 $7.44 Billion
Brown-Forman Corporation
NYSE:BF-B
 $7.44 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Metallurgical Corporation of China Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 98,080,182,000 to 153,043,098,000, a change of 54,962,916,000 (56.0%).
  • Net income of 6,745,954,000 contributed positively to equity growth.
  • Dividend payments of 7,317,849,000 reduced retained earnings.
  • Other comprehensive income increased equity by 47,346,470,000.
  • Other factors increased equity by 8,188,341,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥6.75 Billion +4.41%
Dividends Paid CN¥7.32 Billion -4.78%
Other Comprehensive Income CN¥47.35 Billion +30.94%
Other Changes CN¥8.19 Billion +5.35%
Total Change CN¥- 56.04%

Book Value vs Market Value Analysis

This analysis compares Metallurgical Corporation of China 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: 0.39x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 9.08x to 0.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 CN¥0.31 CN¥2.85 x
2005-12-31 CN¥0.53 CN¥2.85 x
2006-12-31 CN¥0.68 CN¥2.85 x
2007-12-31 CN¥0.98 CN¥2.85 x
2008-12-31 CN¥0.28 CN¥2.85 x
2009-12-31 CN¥2.59 CN¥2.85 x
2010-12-31 CN¥2.37 CN¥2.85 x
2011-12-31 CN¥2.50 CN¥2.85 x
2012-12-31 CN¥2.13 CN¥2.85 x
2013-12-31 CN¥2.39 CN¥2.85 x
2014-12-31 CN¥2.51 CN¥2.85 x
2015-12-31 CN¥3.03 CN¥2.85 x
2016-12-31 CN¥3.28 CN¥2.85 x
2017-12-31 CN¥3.54 CN¥2.85 x
2018-12-31 CN¥3.43 CN¥2.85 x
2019-12-31 CN¥4.73 CN¥2.85 x
2020-12-31 CN¥4.72 CN¥2.85 x
2021-12-31 CN¥5.19 CN¥2.85 x
2022-12-31 CN¥5.84 CN¥2.85 x
2023-12-31 CN¥4.73 CN¥2.85 x
2024-12-31 CN¥7.38 CN¥2.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Metallurgical Corporation of China 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): 4.41%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.22%
  • • Asset Turnover: 0.68x
  • • Equity Multiplier: 5.28x
  • Recent ROE (4.41%) is below the historical average (12.63%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 9.57% 0.73% 1.25x 10.45x CN¥-17.36 Million
2005 10.97% 1.09% 1.11x 9.08x CN¥66.46 Million
2006 21.85% 2.09% 1.11x 9.44x CN¥1.04 Billion
2007 30.32% 3.08% 0.80x 12.24x CN¥2.58 Billion
2008 87.90% 2.00% 0.91x 48.18x CN¥2.79 Billion
2009 11.10% 2.56% 0.72x 6.04x CN¥418.87 Million
2010 11.83% 2.57% 0.72x 6.41x CN¥823.68 Million
2011 8.80% 1.91% 0.67x 6.89x CN¥-576.87 Million
2012 -16.87% -3.14% 0.68x 7.93x CN¥-11.06 Billion
2013 6.69% 1.47% 0.63x 7.25x CN¥-1.47 Billion
2014 8.38% 1.84% 0.66x 6.89x CN¥-768.79 Million
2015 7.93% 2.21% 0.63x 5.68x CN¥-1.25 Billion
2016 7.62% 2.45% 0.58x 5.35x CN¥-1.68 Billion
2017 7.35% 2.48% 0.59x 5.03x CN¥-2.19 Billion
2018 7.59% 2.20% 0.66x 5.23x CN¥-2.02 Billion
2019 6.74% 1.95% 0.74x 4.68x CN¥-3.20 Billion
2020 8.03% 1.96% 0.79x 5.17x CN¥-1.93 Billion
2021 7.79% 1.67% 0.92x 5.06x CN¥-2.37 Billion
2022 8.49% 1.73% 1.01x 4.83x CN¥-1.83 Billion
2023 8.84% 1.37% 0.96x 6.75x CN¥-1.14 Billion
2024 4.41% 1.22% 0.68x 5.28x CN¥-8.56 Billion

Industry Comparison

This section compares Metallurgical Corporation of China Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $731,708,971
  • Average return on equity (ROE) among peers: -13.10%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Metallurgical Corporation of China Ltd (601618) CN¥134.22 Billion 9.57% 5.50x $7.45 Billion
Shenzhen Ecobeauty Co Ltd (000010) $590.81 Million -123.81% 4.54x $415.53 Million
Shenzhen Sed Industry Co Ltd (000032) $1.66 Billion 14.81% 0.41x $3.56 Billion
NORINCO International Cooperation Ltd (000065) $431.14 Million 8.15% 1.80x $2.17 Billion
Shenzhen Tagen Group Co Ltd (000090) $440.21 Million 18.33% 2.33x $921.45 Million
Shandong Hi-Speed Road&Bridge (000498) $9.81 Million 6.09% 3.61x $1.21 Billion
Jinyuan Cement Co Ltd (000546) $35.08 Million 7.48% 9.81x $707.80 Million
Hunan Investment Group Co Ltd (000548) $1.50 Billion 3.50% 0.38x $365.99 Million
ChengDu Hi-Tech Development Co Ltd (000628) $469.30 Million 10.46% 1.03x $3.22 Billion
Gansu Engineering Consulting Group Co Ltd (000779) $413.25 Million -88.03% 0.77x $536.67 Million
Hainan Expressway Co Ltd (000886) $1.77 Billion 12.00% 0.72x $752.42 Million

About Metallurgical Corporation of China Ltd

SHG:601618 China Engineering & Construction
Market Cap
$7.45 Billion
CN¥50.88 Billion CNY
Market Cap Rank
#2766 Global
#364 in China
Share Price
CN¥2.85
Change (1 day)
-1.04%
52-Week Range
CN¥2.85 - CN¥4.14
All Time High
CN¥6.62
Categories
Companies in China Engineering & Construction
About

Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in engineering contracting business in China. The company operates through the Engineering Contracting, Featured Business, Comprehensive Real Estate, and Others segments. The company provides metallurgical engineering, housing construction, municipal infrastructure engineering, and other projects. It also offers new … Read more