Hainan Mining Co Ltd

SHG:601969 China Steel
Market Cap
$3.69 Billion
CN¥27.10 Billion CNY
Market Cap Rank
#4310 Global
#423 in China
Share Price
CN¥13.56
Change (1 day)
+1.04%
52-Week Range
CN¥6.53 - CN¥14.29
All Time High
CN¥24.94
Categories
Companies in China Steel
About

Hainan Mining Co., Ltd. mines, processes, and sells iron ore in China. The company offers lump ore, fine ore, and iron ore concentrate powder. It also engages in the exploration, development, production, and sales of petroleum and natural gas, and new energy businesses. The company was formerly known as Hainan Mining United Co., Ltd. and changed its name to Hainan Mining Co., Ltd. in August 2009.… Read more

Hainan Mining Co Ltd (601969) - Net Assets

Latest net assets as of September 2025: CN¥7.74 Billion CNY

Based on the latest financial reports, Hainan Mining Co Ltd (601969) has net assets worth CN¥7.74 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¥14.32 Billion) and total liabilities (CN¥6.57 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¥7.74 Billion
% of Total Assets 54.09%
Annual Growth Rate 9.25%
5-Year Change 50.33%
10-Year Change 76.17%
Growth Volatility 16.52

Hainan Mining Co Ltd - Net Assets Trend (2009–2024)

This chart illustrates how Hainan 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 Hainan Mining Co Ltd (2009–2024)

The table below shows the annual net assets of Hainan Mining Co Ltd from 2009 to 2024.

Year Net Assets Change
2024-12-31 CN¥7.61 Billion +2.17%
2023-12-31 CN¥7.45 Billion +0.98%
2022-12-31 CN¥7.37 Billion +11.67%
2021-12-31 CN¥6.60 Billion +30.48%
2020-12-31 CN¥5.06 Billion -0.67%
2019-12-31 CN¥5.09 Billion +23.05%
2018-12-31 CN¥4.14 Billion -16.40%
2017-12-31 CN¥4.95 Billion +22.91%
2016-12-31 CN¥4.03 Billion -6.68%
2015-12-31 CN¥4.32 Billion -6.11%
2014-12-31 CN¥4.60 Billion +36.62%
2013-12-31 CN¥3.37 Billion +11.53%
2012-12-31 CN¥3.02 Billion -9.82%
2011-12-31 CN¥3.35 Billion +32.70%
2010-12-31 CN¥2.52 Billion +24.99%
2009-12-31 CN¥2.02 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Hainan 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 25975.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥819.13 Million 11.79%
Common Stock CN¥2.04 Billion 29.29%
Other Components CN¥4.10 Billion 58.92%
Total Equity CN¥6.95 Billion 100.00%

Hainan Mining Co Ltd Competitors by Market Cap

The table below lists competitors of Hainan Mining Co Ltd ranked by their market capitalization.

Company Market Cap
ASR Microelectronics Co. Ltd. A
SHG:688220
 		$2.57 Billion
Provident Financial Services Inc
NYSE:PFS
 		$2.57 Billion
Curbline Properties Corp.
NYSE:CURB
 		$2.57 Billion
Shift4 Payments Inc 6% PRF CONVERT 01/05/2028 USD 100 - Ser A
NYSE:FOUR-PA
 		$2.57 Billion
YUNDA Holding Co Ltd
SHE:002120
 		$2.57 Billion
Graham Holdings Co
NYSE:GHC
 		$2.57 Billion
Haemonetics Corporation
NYSE:HAE
 		$2.57 Billion
Penske Automotive Group Inc
NYSE:PAG
 		$2.57 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hainan Mining Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,732,251,580 to 6,950,264,220, a change of 218,012,640 (3.2%).
  • Net income of 706,494,250 contributed positively to equity growth.
  • Dividend payments of 322,971,560 reduced retained earnings.
  • Share repurchases of 325,429,150 reduced equity.
  • Other factors increased equity by 159,919,100.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥706.49 Million +10.16%
Dividends Paid CN¥322.97 Million -4.65%
Share Repurchases CN¥325.43 Million -4.68%
Other Changes CN¥159.92 Million +2.3%
Total Change CN¥- 3.24%

Book Value vs Market Value Analysis

This analysis compares Hainan 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: 3.83x
  • 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 11.60x to 3.83x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 CN¥1.17 CN¥13.56 x
2010-12-31 CN¥1.47 CN¥13.56 x
2011-12-31 CN¥2.00 CN¥13.56 x
2012-12-31 CN¥1.80 CN¥13.56 x
2013-12-31 CN¥2.01 CN¥13.56 x
2014-12-31 CN¥2.71 CN¥13.56 x
2015-12-31 CN¥2.29 CN¥13.56 x
2016-12-31 CN¥2.10 CN¥13.56 x
2017-12-31 CN¥2.16 CN¥13.56 x
2018-12-31 CN¥2.11 CN¥13.56 x
2019-12-31 CN¥2.13 CN¥13.56 x
2020-12-31 CN¥2.04 CN¥13.56 x
2021-12-31 CN¥2.82 CN¥13.56 x
2022-12-31 CN¥3.13 CN¥13.56 x
2023-12-31 CN¥3.34 CN¥13.56 x
2024-12-31 CN¥3.54 CN¥13.56 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hainan 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): 10.16%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.38%
  • • Asset Turnover: 0.32x
  • • Equity Multiplier: 1.84x
  • Recent ROE (10.16%) is below the historical average (12.32%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 23.18% 29.07% 0.46x 1.73x CN¥257.82 Million
2010 42.15% 41.86% 0.61x 1.65x CN¥791.73 Million
2011 36.91% 45.42% 0.58x 1.41x CN¥900.74 Million
2012 25.55% 31.93% 0.51x 1.56x CN¥469.48 Million
2013 29.82% 34.37% 0.61x 1.43x CN¥667.28 Million
2014 9.22% 23.98% 0.29x 1.33x CN¥-35.87 Million
2015 0.24% 0.97% 0.18x 1.34x CN¥-421.62 Million
2016 -7.15% -31.48% 0.14x 1.60x CN¥-685.63 Million
2017 0.93% 1.65% 0.35x 1.58x CN¥-445.91 Million
2018 -15.32% -25.23% 0.36x 1.70x CN¥-1.05 Billion
2019 3.29% 3.43% 0.43x 2.22x CN¥-260.93 Million
2020 3.57% 5.16% 0.32x 2.13x CN¥-256.53 Million
2021 15.63% 21.23% 0.38x 1.95x CN¥314.81 Million
2022 9.73% 12.73% 0.40x 1.89x CN¥-16.89 Million
2023 9.29% 13.37% 0.38x 1.81x CN¥-47.86 Million
2024 10.16% 17.38% 0.32x 1.84x CN¥11.47 Million

Industry Comparison

This section compares Hainan Mining Co Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $13,874,696,979
  • Average return on equity (ROE) among peers: 20.52%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hainan Mining Co Ltd (601969) CN¥7.74 Billion 23.18% 0.85x $2.57 Billion
CITIC Pacific Special Steel Group Co Ltd (000708) $4.40 Billion 81.30% 0.74x $1.84 Billion
HBIS Co Ltd (000709) $7.63 Billion 11.59% 1.03x $1.27 Billion
Sgis Songshan Co Ltd (000717) $8.00 Billion 22.80% 1.15x $443.11 Million
Bengang Steel Plates Co Ltd (000761) $20.01 Billion 2.78% 2.03x $452.44 Million
Xinxing Ductile Iron Pipes Co Ltd (000778) $2.18 Billion 17.60% 0.97x $1.51 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825) $27.34 Billion 16.91% 1.72x $1.33 Billion
Jiangsu Fasten Co Ltd (000890) $1.18 Billion 1.14% 1.80x $283.59 Million
Angang Steel Co Ltd Class A (000898) $60.19 Billion 11.57% 0.62x $1.19 Billion
Hunan Valin Steel Co Ltd (000932) $1.39 Billion 22.60% 1.61x $1.17 Billion
Beijing Shougang Co Ltd (000959) $6.43 Billion 16.93% 1.18x $911.24 Million