Jinzhou Jixiang Molybdenum Co Ltd (603399) - Net Assets
Based on the latest financial reports, Jinzhou Jixiang Molybdenum Co Ltd (603399) has net assets worth CN¥1.72 Billion CNY (≈ $251.23 Million 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¥3.56 Billion ≈ $521.43 Million USD) and total liabilities (CN¥1.85 Billion ≈ $270.20 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. For live market cap and overall valuation, see 603399 stock market capitalisation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.72 Billion |
| % of Total Assets | 48.18% |
| Annual Growth Rate | 12.1% |
| 5-Year Change | -3.22% |
| 10-Year Change | 2.28% |
| Growth Volatility | 34.47 |
Jinzhou Jixiang Molybdenum Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how Jinzhou Jixiang Molybdenum Co Ltd's net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for Jinzhou Jixiang Molybdenum Co Ltd (2009–2024)
The table below shows the annual net assets of Jinzhou Jixiang Molybdenum Co Ltd from 2009 to 2024. See 603399 equity financing ratio to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.84 Billion ≈ $269.65 Million |
-6.04% |
| 2023-12-31 | CN¥1.96 Billion ≈ $286.99 Million |
-21.17% |
| 2022-12-31 | CN¥2.49 Billion ≈ $364.05 Million |
+31.15% |
| 2021-12-31 | CN¥1.90 Billion ≈ $277.58 Million |
-0.37% |
| 2020-12-31 | CN¥1.90 Billion ≈ $278.61 Million |
-12.17% |
| 2019-12-31 | CN¥2.17 Billion ≈ $317.21 Million |
-9.31% |
| 2018-12-31 | CN¥2.39 Billion ≈ $349.79 Million |
+13.63% |
| 2017-12-31 | CN¥2.10 Billion ≈ $307.84 Million |
+13.77% |
| 2016-12-31 | CN¥1.85 Billion ≈ $270.58 Million |
+2.64% |
| 2015-12-31 | CN¥1.80 Billion ≈ $263.63 Million |
+60.22% |
| 2014-12-31 | CN¥1.12 Billion ≈ $164.54 Million |
+4.97% |
| 2013-12-31 | CN¥1.07 Billion ≈ $156.75 Million |
+4.67% |
| 2012-12-31 | CN¥1.02 Billion ≈ $149.76 Million |
+123.83% |
| 2011-12-31 | CN¥457.24 Million ≈ $66.91 Million |
+16.21% |
| 2010-12-31 | CN¥393.47 Million ≈ $57.58 Million |
+18.40% |
| 2009-12-31 | CN¥332.34 Million ≈ $48.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jinzhou Jixiang Molybdenum 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 decreased by 296.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥515.38 Million | 29.08% |
| Other Comprehensive Income | CN¥65.33 Million | 3.69% |
| Other Components | CN¥1.35 Billion | 76.44% |
| Total Equity | CN¥1.77 Billion | 100.00% |
Jinzhou Jixiang Molybdenum Co Ltd Competitors by Market Cap
The table below lists competitors of Jinzhou Jixiang Molybdenum Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gosuncn Technology Group Co Ltd Class A
SHE:300098
|
$1.13 Billion |
|
Genco Shipping & Trading Ltd
NYSE:GNK
|
$1.13 Billion |
|
Dongwon Ind
KO:006040
|
$1.13 Billion |
|
Day One Biopharmaceuticals Inc
NASDAQ:DAWN
|
$1.13 Billion |
|
Shin Zu Shing Co Ltd
TW:3376
|
$1.13 Billion |
|
Japfa Comfeed Indonesia Tbk
JK:JPFA
|
$1.13 Billion |
|
MBB INDUSTRIES
XETRA:MBB
|
$1.13 Billion |
|
NeoGenomics Inc
NASDAQ:NEO
|
$1.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinzhou Jixiang Molybdenum Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,814,734,770 to 1,772,067,234, a change of -42,667,536 (-2.4%).
- Net income of 25,421,647 contributed positively to equity growth.
- Dividend payments of 31,644,439 reduced retained earnings.
- Share repurchases of 119,797,100 reduced equity.
- Other comprehensive income decreased equity by 7,774,028.
- Other factors increased equity by 91,126,384.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥25.42 Million | +1.43% |
| Dividends Paid | CN¥31.64 Million | -1.79% |
| Share Repurchases | CN¥119.80 Million | -6.76% |
| Other Comprehensive Income | CN¥-7.77 Million | -0.44% |
| Other Changes | CN¥91.13 Million | +5.14% |
| Total Change | CN¥- | -2.35% |
Book Value vs Market Value Analysis
This analysis compares Jinzhou Jixiang Molybdenum 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: 4.32x
- 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 12.40x to 4.32x 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¥1.21 | CN¥15.06 | x |
| 2010-12-31 | CN¥1.45 | CN¥15.06 | x |
| 2011-12-31 | CN¥1.63 | CN¥15.06 | x |
| 2012-12-31 | CN¥3.42 | CN¥15.06 | x |
| 2013-12-31 | CN¥3.07 | CN¥15.06 | x |
| 2014-12-31 | CN¥3.20 | CN¥15.06 | x |
| 2015-12-31 | CN¥4.54 | CN¥15.06 | x |
| 2016-12-31 | CN¥3.83 | CN¥15.06 | x |
| 2017-12-31 | CN¥4.02 | CN¥15.06 | x |
| 2018-12-31 | CN¥4.36 | CN¥15.06 | x |
| 2019-12-31 | CN¥3.94 | CN¥15.06 | x |
| 2020-12-31 | CN¥3.73 | CN¥15.06 | x |
| 2021-12-31 | CN¥3.74 | CN¥15.06 | x |
| 2022-12-31 | CN¥4.50 | CN¥15.06 | x |
| 2023-12-31 | CN¥3.50 | CN¥15.06 | x |
| 2024-12-31 | CN¥3.49 | CN¥15.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinzhou Jixiang Molybdenum 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): 1.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.43%
- • Asset Turnover: 1.70x
- • Equity Multiplier: 1.96x
- Recent ROE (1.43%) is below the historical average (4.01%), 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 | 19.62% | 3.57% | 1.70x | 3.22x | CN¥30.02 Million |
| 2010 | 23.20% | 2.85% | 2.55x | 3.20x | CN¥49.09 Million |
| 2011 | 20.98% | 2.71% | 2.51x | 3.08x | CN¥47.91 Million |
| 2012 | 8.97% | 3.49% | 1.52x | 1.69x | CN¥-10.33 Million |
| 2013 | 5.21% | 2.50% | 0.97x | 2.16x | CN¥-50.42 Million |
| 2014 | 5.00% | 2.43% | 0.93x | 2.21x | CN¥-55.45 Million |
| 2015 | -19.15% | -21.82% | 0.54x | 1.63x | CN¥-536.23 Million |
| 2016 | 1.57% | 2.14% | 0.45x | 1.61x | CN¥-158.25 Million |
| 2017 | 10.45% | 9.99% | 0.50x | 2.11x | CN¥9.47 Million |
| 2018 | 8.02% | 5.11% | 0.91x | 1.73x | CN¥-46.98 Million |
| 2019 | -10.59% | -8.00% | 0.86x | 1.54x | CN¥-444.09 Million |
| 2020 | -13.85% | -11.52% | 0.77x | 1.56x | CN¥-454.30 Million |
| 2021 | 0.63% | 0.31% | 1.48x | 1.37x | CN¥-178.14 Million |
| 2022 | 21.33% | 6.97% | 1.55x | 1.98x | CN¥261.53 Million |
| 2023 | -18.59% | -4.49% | 1.92x | 2.16x | CN¥-518.79 Million |
| 2024 | 1.43% | 0.43% | 1.70x | 1.96x | CN¥-151.79 Million |
Industry Comparison
This section compares Jinzhou Jixiang Molybdenum 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: $3,524,327,437
- Average return on equity (ROE) among peers: 8.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jinzhou Jixiang Molybdenum Co Ltd (603399) | CN¥1.72 Billion | 19.62% | 1.08x | $1.13 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $6.34 Billion | 6.52% | 1.28x | $4.14 Billion |
| Inner Mongolia Xingye Mining Co Ltd (000426) | $10.16 Billion | 16.77% | 0.69x | $10.62 Billion |
| Shengda Mining Co Ltd (000603) | $2.62 Billion | 11.07% | 0.77x | $3.70 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $9.17 Billion | 14.66% | 0.30x | $4.15 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $249.05 Million | 10.18% | 0.68x | $22.72 Billion |
| Guocheng Mining Co Ltd (000688) | $75.78 Million | 10.88% | 1.27x | $5.77 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $2.76 Billion | 2.22% | 0.95x | $1.22 Billion |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $957.88 Million | 6.53% | 0.33x | $1.77 Billion |
| Tibet Mineral Development Co Ltd (000762) | $2.40 Billion | -7.55% | 0.17x | $1.77 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $504.86 Million | 10.71% | 0.49x | $1.40 Billion |
About Jinzhou Jixiang Molybdenum Co Ltd
Jinzhou Yongshan Lithium Co., Ltd, together with its subsidiaries, engages in research and development, production, and sale of battery-grade lithium carbonate and battery-grade lithium hydroxide in China. The company also offers anhydrous lithium hydroxide. Its products are used in power batteries for new energy vehicles, energy storage batteries, and batteries for consumer electronics products.… Read more