Jinhui Mining Co Ltd (603132) - Net Assets
Based on the latest financial reports, Jinhui Mining Co Ltd (603132) has net assets worth CN¥3.24 Billion CNY (≈ $474.04 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.49 Billion ≈ $1.10 Billion USD) and total liabilities (CN¥4.25 Billion ≈ $622.08 Million 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. Read 603132 total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.24 Billion |
| % of Total Assets | 43.25% |
| Annual Growth Rate | 18.18% |
| 5-Year Change | 83.55% |
| 10-Year Change | N/A |
| Growth Volatility | 15.49 |
Jinhui Mining Co Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Jinhui Mining Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Jinhui Mining Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Jinhui Mining Co Ltd (2019–2024)
The table below shows the annual net assets of Jinhui Mining Co Ltd from 2019 to 2024. For live valuation and market cap data, see 603132 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.26 Billion ≈ $477.15 Million |
+2.41% |
| 2023-12-31 | CN¥3.18 Billion ≈ $465.93 Million |
+0.66% |
| 2022-12-31 | CN¥3.16 Billion ≈ $462.86 Million |
+41.25% |
| 2021-12-31 | CN¥2.24 Billion ≈ $327.69 Million |
+26.05% |
| 2020-12-31 | CN¥1.78 Billion ≈ $259.96 Million |
+25.62% |
| 2019-12-31 | CN¥1.41 Billion ≈ $206.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jinhui 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 51523761457.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥409.27 Million | 12.55% |
| Other Components | CN¥2.85 Billion | 87.45% |
| Total Equity | CN¥3.26 Billion | 100.00% |
Jinhui Mining Co Ltd Competitors by Market Cap
The table below lists competitors of Jinhui Mining Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SEB SA UNSP.ADR EO-01
F:GRB0
|
$2.79 Billion |
|
Chongqing Zaisheng Tech Corp
SHG:603601
|
$2.80 Billion |
|
Lifestance Health Group Inc
NASDAQ:LFST
|
$2.80 Billion |
|
Peptron Inc
KQ:087010
|
$2.80 Billion |
|
Ingevity Corp
NYSE:NGVT
|
$2.79 Billion |
|
PTC INDUSTRIES LTD
NSE:PTCIL
|
$2.79 Billion |
|
Deppon Logistics Co Ltd
SHG:603056
|
$2.79 Billion |
|
BSP Financial Group Ltd
AU:BFL
|
$2.79 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinhui Mining Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,184,072,001 to 3,260,766,249, a change of 76,694,248 (2.4%).
- Net income of 476,964,276 contributed positively to equity growth.
- Dividend payments of 499,788,327 reduced retained earnings.
- Other factors increased equity by 99,518,298.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥476.96 Million | +14.63% |
| Dividends Paid | CN¥499.79 Million | -15.33% |
| Other Changes | CN¥99.52 Million | +3.05% |
| Total Change | CN¥- | 2.41% |
Book Value vs Market Value Analysis
This analysis compares Jinhui 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: 5.85x
- 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 12.15x to 5.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥1.61 | CN¥19.52 | x |
| 2020-12-31 | CN¥2.02 | CN¥19.52 | x |
| 2021-12-31 | CN¥2.54 | CN¥19.52 | x |
| 2022-12-31 | CN¥3.21 | CN¥19.52 | x |
| 2023-12-31 | CN¥3.26 | CN¥19.52 | x |
| 2024-12-31 | CN¥3.33 | CN¥19.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinhui 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): 14.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.99%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.99x
- Recent ROE (14.63%) is below the historical average (15.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 11.41% | 20.20% | 0.17x | 3.36x | CN¥19.91 Million |
| 2020 | 20.40% | 32.29% | 0.24x | 2.66x | CN¥184.79 Million |
| 2021 | 20.67% | 36.96% | 0.27x | 2.08x | CN¥238.95 Million |
| 2022 | 14.96% | 37.91% | 0.25x | 1.61x | CN¥155.81 Million |
| 2023 | 10.77% | 26.74% | 0.23x | 1.77x | CN¥24.58 Million |
| 2024 | 14.63% | 30.99% | 0.24x | 1.99x | CN¥150.89 Million |
Industry Comparison
This section compares Jinhui Mining Co Ltd'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: $4,690,740,000
- Average return on equity (ROE) among peers: 2.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jinhui Mining Co Ltd (603132) | CN¥3.24 Billion | 11.41% | 1.31x | $2.79 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $11.36 Billion | 7.50% | 0.79x | $4.60 Billion |
| Inner Mongolia Xingye Mining Co Ltd (000426) | $1.35 Billion | 1.76% | 0.93x | $11.74 Billion |
| Shengda Mining Co Ltd (000603) | $76.14 Million | 4.25% | 1.02x | $3.82 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $14.86 Billion | 0.01% | 1.11x | $5.26 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $3.59 Billion | 0.37% | 0.92x | $20.67 Billion |
| Guocheng Mining Co Ltd (000688) | $-193.96 Million | 0.00% | 0.00x | $8.81 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $2.14 Billion | 6.28% | 0.94x | $1.50 Billion |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $8.99 Billion | 0.24% | 1.46x | $2.12 Billion |
| Tibet Mineral Development Co Ltd (000762) | $2.51 Billion | 0.85% | 0.16x | $3.02 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $2.22 Billion | 5.07% | 0.29x | $1.56 Billion |
About Jinhui Mining Co Ltd
Jinhui Mining Incorporation Limited engages in the exploration, mining, processing, and sale of lead, zinc, silver, and other mineral resources in China. Jinhui Mining Incorporation Limited was incorporated in 2011 and is headquartered in Longnan, China. Jinhui Mining Incorporation Limited operates as a subsidiary of Gansu Yate Investment Group Company Limited.