JCHX Mining Management Co Ltd (603979) - Net Assets
Based on the latest financial reports, JCHX Mining Management Co Ltd (603979) has net assets worth CN¥10.62 Billion CNY (≈ $1.55 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¥19.62 Billion ≈ $2.87 Billion USD) and total liabilities (CN¥9.01 Billion ≈ $1.32 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 603979 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.62 Billion |
| % of Total Assets | 54.11% |
| Annual Growth Rate | 19.91% |
| 5-Year Change | 87.86% |
| 10-Year Change | 156.51% |
| Growth Volatility | 23.34 |
JCHX Mining Management Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how JCHX Mining Management Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore JCHX Mining Management Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for JCHX Mining Management Co Ltd (2011–2024)
The table below shows the annual net assets of JCHX Mining Management Co Ltd from 2011 to 2024. For live valuation and market cap data, see 603979 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.06 Billion ≈ $1.33 Billion |
+24.44% |
| 2023-12-31 | CN¥7.28 Billion ≈ $1.07 Billion |
+17.61% |
| 2022-12-31 | CN¥6.19 Billion ≈ $905.67 Million |
+15.61% |
| 2021-12-31 | CN¥5.35 Billion ≈ $783.36 Million |
+11.02% |
| 2020-12-31 | CN¥4.82 Billion ≈ $705.58 Million |
+10.55% |
| 2019-12-31 | CN¥4.36 Billion ≈ $638.22 Million |
+7.08% |
| 2018-12-31 | CN¥4.07 Billion ≈ $596.01 Million |
+5.76% |
| 2017-12-31 | CN¥3.85 Billion ≈ $563.57 Million |
+4.31% |
| 2016-12-31 | CN¥3.69 Billion ≈ $540.29 Million |
+4.56% |
| 2015-12-31 | CN¥3.53 Billion ≈ $516.75 Million |
+94.33% |
| 2014-12-31 | CN¥1.82 Billion ≈ $265.92 Million |
+15.97% |
| 2013-12-31 | CN¥1.57 Billion ≈ $229.31 Million |
+31.44% |
| 2012-12-31 | CN¥1.19 Billion ≈ $174.46 Million |
+39.52% |
| 2011-12-31 | CN¥854.50 Million ≈ $125.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to JCHX Mining Management 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 3367.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.48 Billion | 60.96% |
| Common Stock | CN¥623.78 Million | 6.94% |
| Other Comprehensive Income | CN¥809.81 Million | 9.01% |
| Other Components | CN¥2.07 Billion | 23.08% |
| Total Equity | CN¥8.98 Billion | 100.00% |
JCHX Mining Management Co Ltd Competitors by Market Cap
The table below lists competitors of JCHX Mining Management Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Compagnie du Cambodge
PA:CBDG
|
$5.86 Billion |
|
GUOTAI JUNAN SEC. H YC1
F:153A
|
$5.86 Billion |
|
Churchill Downs Incorporated
NASDAQ:CHDN
|
$5.86 Billion |
|
Chewy Inc
NYSE:CHWY
|
$5.87 Billion |
|
Shandong Xinchao Energy Co Ltd
SHG:600777
|
$5.85 Billion |
|
FREEDOM HLDG DL-001
F:DMW2
|
$5.85 Billion |
|
United Integrated Services Co Ltd
TW:2404
|
$5.85 Billion |
|
QMMM Holdings Limited Ordinary Shares
NASDAQ:QMMM
|
$5.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JCHX Mining Management Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,217,984,218 to 8,984,300,857, a change of 1,766,316,639 (24.5%).
- Net income of 1,583,824,966 contributed positively to equity growth.
- Dividend payments of 287,039,051 reduced retained earnings.
- Other comprehensive income increased equity by 809,811,580.
- Other factors decreased equity by 340,280,856.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.58 Billion | +17.63% |
| Dividends Paid | CN¥287.04 Million | -3.19% |
| Other Comprehensive Income | CN¥809.81 Million | +9.01% |
| Other Changes | CN¥-340.28 Million | -3.79% |
| Total Change | CN¥- | 24.47% |
Book Value vs Market Value Analysis
This analysis compares JCHX Mining Management 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: 4.65x
- 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 32.99x to 4.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.94 | CN¥64.12 | x |
| 2012-12-31 | CN¥2.71 | CN¥64.12 | x |
| 2013-12-31 | CN¥3.56 | CN¥64.12 | x |
| 2014-12-31 | CN¥4.11 | CN¥64.12 | x |
| 2015-12-31 | CN¥6.87 | CN¥64.12 | x |
| 2016-12-31 | CN¥6.25 | CN¥64.12 | x |
| 2017-12-31 | CN¥6.53 | CN¥64.12 | x |
| 2018-12-31 | CN¥6.95 | CN¥64.12 | x |
| 2019-12-31 | CN¥7.38 | CN¥64.12 | x |
| 2020-12-31 | CN¥8.22 | CN¥64.12 | x |
| 2021-12-31 | CN¥8.87 | CN¥64.12 | x |
| 2022-12-31 | CN¥9.85 | CN¥64.12 | x |
| 2023-12-31 | CN¥11.27 | CN¥64.12 | x |
| 2024-12-31 | CN¥13.78 | CN¥64.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JCHX Mining Management 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): 17.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.93%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.89x
- Recent ROE (17.63%) is above the historical average (12.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 22.10% | 12.18% | 1.19x | 1.52x | CN¥103.40 Million |
| 2012 | 26.95% | 14.96% | 1.06x | 1.69x | CN¥201.40 Million |
| 2013 | 24.87% | 14.62% | 0.95x | 1.79x | CN¥230.51 Million |
| 2014 | 15.76% | 10.19% | 0.85x | 1.82x | CN¥103.80 Million |
| 2015 | 5.82% | 7.86% | 0.57x | 1.30x | CN¥-146.94 Million |
| 2016 | 4.64% | 7.12% | 0.49x | 1.34x | CN¥-197.23 Million |
| 2017 | 5.36% | 8.41% | 0.43x | 1.47x | CN¥-177.62 Million |
| 2018 | 7.19% | 9.39% | 0.50x | 1.55x | CN¥-113.84 Million |
| 2019 | 7.26% | 9.01% | 0.52x | 1.54x | CN¥-116.63 Million |
| 2020 | 7.70% | 9.45% | 0.48x | 1.70x | CN¥-109.00 Million |
| 2021 | 8.91% | 10.46% | 0.52x | 1.64x | CN¥-57.83 Million |
| 2022 | 9.97% | 11.41% | 0.48x | 1.84x | CN¥-1.71 Million |
| 2023 | 14.29% | 13.94% | 0.54x | 1.89x | CN¥309.43 Million |
| 2024 | 17.63% | 15.93% | 0.59x | 1.89x | CN¥685.39 Million |
Industry Comparison
This section compares JCHX Mining Management 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 |
|---|---|---|---|---|
| JCHX Mining Management Co Ltd (603979) | CN¥10.62 Billion | 22.10% | 0.85x | $5.85 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 JCHX Mining Management Co Ltd
JCHX Mining Management Co.,Ltd. engages in mine engineering, development, and construction activities in the People's Republic of China and internationally. It is also involved in the contract mining business; and provision of research and development services for he non-ferrous, ferrous, and chemical industries. The company was incorporated in 1997 and is based in Beijing, China.