Zijin Mining Group Co Ltd Class A
Zijin Mining Group Company Limited, together with its subsidiaries, engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally. It operates through the Mining products, Refined products, Trading, and Others segments. The company offers mine-produced copper, gold, zinc concentrate, lead concentra… Read more
Zijin Mining Group Co Ltd Class A (601899) - Net Assets
Latest net assets as of September 2025: CN¥225.36 Billion CNY
Based on the latest financial reports, Zijin Mining Group Co Ltd Class A (601899) has net assets worth CN¥225.36 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¥483.01 Billion) and total liabilities (CN¥257.65 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¥225.36 Billion |
| % of Total Assets | 46.66% |
| Annual Growth Rate | 24.04% |
| 5-Year Change | 138.26% |
| 10-Year Change | 456.66% |
| Growth Volatility | 35.17 |
Zijin Mining Group Co Ltd Class A - Net Assets Trend (2003–2024)
This chart illustrates how Zijin Mining Group Co Ltd Class 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 Zijin Mining Group Co Ltd Class A (2003–2024)
The table below shows the annual net assets of Zijin Mining Group Co Ltd Class A from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥177.73 Billion | +28.45% |
| 2023-12-31 | CN¥138.36 Billion | +11.17% |
| 2022-12-31 | CN¥124.46 Billion | +33.97% |
| 2021-12-31 | CN¥92.90 Billion | +24.53% |
| 2020-12-31 | CN¥74.60 Billion | +30.69% |
| 2019-12-31 | CN¥57.08 Billion | +20.74% |
| 2018-12-31 | CN¥47.27 Billion | +24.99% |
| 2017-12-31 | CN¥37.82 Billion | +21.55% |
| 2016-12-31 | CN¥31.12 Billion | -2.54% |
| 2015-12-31 | CN¥31.93 Billion | -5.17% |
| 2014-12-31 | CN¥33.67 Billion | +1.76% |
| 2013-12-31 | CN¥33.09 Billion | -1.48% |
| 2012-12-31 | CN¥33.58 Billion | +11.45% |
| 2011-12-31 | CN¥30.13 Billion | +15.77% |
| 2010-12-31 | CN¥26.03 Billion | +20.43% |
| 2009-12-31 | CN¥21.61 Billion | +12.69% |
| 2008-12-31 | CN¥19.18 Billion | +169.42% |
| 2007-12-31 | CN¥7.12 Billion | +40.76% |
| 2006-12-31 | CN¥5.06 Billion | +58.65% |
| 2005-12-31 | CN¥3.19 Billion | +37.15% |
| 2004-12-31 | CN¥2.32 Billion | +20.56% |
| 2003-12-31 | CN¥1.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zijin Mining Group Co Ltd Class 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 126220.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥93.08 Billion | 66.59% |
| Common Stock | CN¥2.66 Billion | 1.90% |
| Other Components | CN¥44.05 Billion | 31.51% |
| Total Equity | CN¥139.79 Billion | 100.00% |
Zijin Mining Group Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Zijin Mining Group Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Air Liquide SA
PA:AI
|
$99.38 Billion |
|
Canadian Natural Resources Ltd
NYSE:CNQ
|
$99.45 Billion |
|
UniCredit S.p.A.
WAR:UCG
|
$99.58 Billion |
|
T-MOBILE US INC.DL-00001
XETRA:TM5
|
$99.60 Billion |
|
Semiconductor Manufacturing Intl Co
SHG:688981
|
$99.08 Billion |
|
GlaxoSmithKline plc
MX:GSKN
|
$98.64 Billion |
|
Southern Company
NYSE:SO
|
$97.89 Billion |
|
CNOOC Limited
SHG:600938
|
$97.85 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zijin Mining Group Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 107,505,943,000 to 139,785,525,000, a change of 32,279,582,000 (30.0%).
- Net income of 32,050,602,000 contributed positively to equity growth.
- Dividend payments of 13,369,076,000 reduced retained earnings.
- Share repurchases of 3,505,000 reduced equity.
- Other factors increased equity by 13,601,561,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥32.05 Billion | +22.93% |
| Dividends Paid | CN¥13.37 Billion | -9.56% |
| Share Repurchases | CN¥3.50 Million | -0.0% |
| Other Changes | CN¥13.60 Billion | +9.73% |
| Total Change | CN¥- | 30.03% |
Book Value vs Market Value Analysis
This analysis compares Zijin Mining Group Co Ltd Class 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: 6.83x
- 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 381.12x to 6.83x 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¥0.09 | CN¥35.77 | x |
| 2005-12-31 | CN¥0.11 | CN¥35.77 | x |
| 2006-12-31 | CN¥0.19 | CN¥35.77 | x |
| 2007-12-31 | CN¥0.27 | CN¥35.77 | x |
| 2008-12-31 | CN¥0.75 | CN¥35.77 | x |
| 2009-12-31 | CN¥0.82 | CN¥35.77 | x |
| 2010-12-31 | CN¥0.99 | CN¥35.77 | x |
| 2011-12-31 | CN¥1.14 | CN¥35.77 | x |
| 2012-12-31 | CN¥1.30 | CN¥35.77 | x |
| 2013-12-31 | CN¥1.30 | CN¥35.77 | x |
| 2014-12-31 | CN¥1.30 | CN¥35.77 | x |
| 2015-12-31 | CN¥1.28 | CN¥35.77 | x |
| 2016-12-31 | CN¥1.29 | CN¥35.77 | x |
| 2017-12-31 | CN¥1.60 | CN¥35.77 | x |
| 2018-12-31 | CN¥1.78 | CN¥35.77 | x |
| 2019-12-31 | CN¥2.20 | CN¥35.77 | x |
| 2020-12-31 | CN¥2.22 | CN¥35.77 | x |
| 2021-12-31 | CN¥2.75 | CN¥35.77 | x |
| 2022-12-31 | CN¥3.39 | CN¥35.77 | x |
| 2023-12-31 | CN¥4.07 | CN¥35.77 | x |
| 2024-12-31 | CN¥5.23 | CN¥35.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zijin Mining Group Co Ltd Class 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): 22.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.56%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.84x
- Recent ROE (22.93%) is above the historical average (19.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 18.40% | 29.88% | 0.39x | 1.58x | CN¥143.27 Million |
| 2004 | 21.31% | 27.25% | 0.46x | 1.69x | CN¥219.65 Million |
| 2005 | 29.33% | 22.74% | 0.56x | 2.30x | CN¥459.93 Million |
| 2006 | 46.48% | 15.77% | 0.95x | 3.11x | CN¥1.33 Billion |
| 2007 | 47.75% | 16.94% | 0.90x | 3.15x | CN¥2.01 Billion |
| 2008 | 19.00% | 18.05% | 0.65x | 1.62x | CN¥1.45 Billion |
| 2009 | 19.49% | 16.90% | 0.71x | 1.63x | CN¥1.72 Billion |
| 2010 | 22.11% | 16.92% | 0.74x | 1.76x | CN¥2.64 Billion |
| 2011 | 22.84% | 14.37% | 0.76x | 2.09x | CN¥3.21 Billion |
| 2012 | 18.49% | 10.76% | 0.72x | 2.39x | CN¥2.39 Billion |
| 2013 | 7.70% | 4.27% | 0.74x | 2.42x | CN¥-635.87 Million |
| 2014 | 8.36% | 3.99% | 0.78x | 2.68x | CN¥-460.88 Million |
| 2015 | 6.01% | 2.23% | 0.89x | 3.05x | CN¥-1.10 Billion |
| 2016 | 6.63% | 2.33% | 0.88x | 3.21x | CN¥-936.45 Million |
| 2017 | 9.97% | 3.71% | 1.06x | 2.55x | CN¥-10.00 Million |
| 2018 | 10.12% | 3.86% | 0.94x | 2.80x | CN¥48.23 Million |
| 2019 | 8.37% | 3.15% | 1.10x | 2.42x | CN¥-834.64 Million |
| 2020 | 11.51% | 3.80% | 0.94x | 3.22x | CN¥854.70 Million |
| 2021 | 22.06% | 6.96% | 1.08x | 2.94x | CN¥8.57 Billion |
| 2022 | 22.53% | 7.41% | 0.88x | 3.44x | CN¥11.15 Billion |
| 2023 | 19.64% | 7.20% | 0.86x | 3.19x | CN¥10.37 Billion |
| 2024 | 22.93% | 10.56% | 0.77x | 2.84x | CN¥18.07 Billion |
Industry Comparison
This section compares Zijin Mining Group Co Ltd Class A's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $5,705,653,735
- Average return on equity (ROE) among peers: 18.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zijin Mining Group Co Ltd Class A (601899) | CN¥225.36 Billion | 18.40% | 1.14x | $99.09 Billion |
| Sichuan Rongda Gold Co. Ltd. Cl A (001337) | $641.57 Million | 23.91% | 0.86x | $1.19 Billion |
| Zhongjin Gold Corp Ltd (600489) | $10.10 Billion | 17.99% | 0.87x | $10.35 Billion |
| Shandong Gold Mining Co Ltd (600547) | $2.43 Billion | 26.22% | 0.73x | $16.11 Billion |
| Chifeng Jilong Gold Mining Co Ltd (600988) | $10.72 Billion | 16.45% | 0.90x | $7.99 Billion |
| Western Gold Co Ltd (601069) | $4.64 Billion | 6.24% | 0.64x | $1.28 Billion |