China Molybdenum Co Ltd Class A (603993) - Net Assets
Based on the latest financial reports, China Molybdenum Co Ltd Class A (603993) has net assets worth CN¥93.73 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¥184.19 Billion) and total liabilities (CN¥90.46 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¥93.73 Billion |
| % of Total Assets | 50.89% |
| Annual Growth Rate | 30.58% |
| 5-Year Change | 81.56% |
| 10-Year Change | 382.37% |
| Growth Volatility | 89.59 |
China Molybdenum Co Ltd Class A - Net Assets Trend (2004–2024)
This chart illustrates how China Molybdenum 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 China Molybdenum Co Ltd Class A (2004–2024)
The table below shows the annual net assets of China Molybdenum Co Ltd Class A from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥85.94 Billion | +19.43% |
| 2023-12-31 | CN¥71.96 Billion | +16.00% |
| 2022-12-31 | CN¥62.04 Billion | +28.54% |
| 2021-12-31 | CN¥48.26 Billion | +1.96% |
| 2020-12-31 | CN¥47.33 Billion | -4.37% |
| 2019-12-31 | CN¥49.50 Billion | -0.21% |
| 2018-12-31 | CN¥49.60 Billion | +8.04% |
| 2017-12-31 | CN¥45.91 Billion | +33.70% |
| 2016-12-31 | CN¥34.34 Billion | +92.72% |
| 2015-12-31 | CN¥17.82 Billion | +17.64% |
| 2014-12-31 | CN¥15.14 Billion | +17.47% |
| 2013-12-31 | CN¥12.89 Billion | +4.21% |
| 2012-12-31 | CN¥12.37 Billion | +9.88% |
| 2011-12-31 | CN¥11.26 Billion | -3.77% |
| 2010-12-31 | CN¥11.70 Billion | +6.34% |
| 2009-12-31 | CN¥11.00 Billion | -5.51% |
| 2008-12-31 | CN¥11.65 Billion | +8.76% |
| 2007-12-31 | CN¥10.71 Billion | +392.52% |
| 2006-12-31 | CN¥2.17 Billion | +106.89% |
| 2005-12-31 | CN¥1.05 Billion | +154.18% |
| 2004-12-31 | CN¥413.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Molybdenum 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 262419.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥34.09 Billion | 48.00% |
| Common Stock | CN¥4.32 Billion | 6.08% |
| Other Comprehensive Income | CN¥4.01 Billion | 5.64% |
| Other Components | CN¥28.60 Billion | 40.27% |
| Total Equity | CN¥71.02 Billion | 100.00% |
China Molybdenum Co Ltd Class A Competitors by Market Cap
The table below lists competitors of China Molybdenum Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
E.ON SE
F:EOAN
|
$52.11 Billion |
|
NATWEST GR.PLC LS 10769
F:RYSD
|
$52.22 Billion |
|
Ferguson Plc
NYSE:FERG
|
$52.28 Billion |
|
Arthur J Gallagher & Co
NYSE:AJG
|
$52.50 Billion |
|
PT Barito Renewables Energy Tb
JK:BREN
|
$51.94 Billion |
|
Loblaw Companies Limited
TO:L
|
$51.87 Billion |
|
OSRAM LICHT N
HM:OSR
|
$51.75 Billion |
|
UCB SA
BR:UCB
|
$51.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Molybdenum Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 59,540,270,000 to 71,022,994,000, a change of 11,482,724,000 (19.3%).
- Net income of 13,532,035,000 contributed positively to equity growth.
- Dividend payments of 6,893,957,000 reduced retained earnings.
- Other comprehensive income increased equity by 101,309,000.
- Other factors increased equity by 4,743,337,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥13.53 Billion | +19.05% |
| Dividends Paid | CN¥6.89 Billion | -9.71% |
| Other Comprehensive Income | CN¥101.31 Million | +0.14% |
| Other Changes | CN¥4.74 Billion | +6.68% |
| Total Change | CN¥- | 19.29% |
Book Value vs Market Value Analysis
This analysis compares China Molybdenum 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: 6.12x
- 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 116.29x to 6.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.17 | CN¥20.23 | x |
| 2007-12-31 | CN¥0.77 | CN¥20.23 | x |
| 2008-12-31 | CN¥0.78 | CN¥20.23 | x |
| 2009-12-31 | CN¥0.72 | CN¥20.23 | x |
| 2010-12-31 | CN¥0.77 | CN¥20.23 | x |
| 2011-12-31 | CN¥0.71 | CN¥20.23 | x |
| 2012-12-31 | CN¥0.77 | CN¥20.23 | x |
| 2013-12-31 | CN¥0.80 | CN¥20.23 | x |
| 2014-12-31 | CN¥0.96 | CN¥20.23 | x |
| 2015-12-31 | CN¥1.14 | CN¥20.23 | x |
| 2016-12-31 | CN¥1.13 | CN¥20.23 | x |
| 2017-12-31 | CN¥1.96 | CN¥20.23 | x |
| 2018-12-31 | CN¥1.86 | CN¥20.23 | x |
| 2019-12-31 | CN¥1.89 | CN¥20.23 | x |
| 2020-12-31 | CN¥1.80 | CN¥20.23 | x |
| 2021-12-31 | CN¥1.86 | CN¥20.23 | x |
| 2022-12-31 | CN¥2.42 | CN¥20.23 | x |
| 2023-12-31 | CN¥2.74 | CN¥20.23 | x |
| 2024-12-31 | CN¥3.31 | CN¥20.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Molybdenum 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): 19.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.35%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 2.40x
- Recent ROE (19.05%) is above the historical average (14.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 92.20% | 44.81% | 0.85x | 2.43x | CN¥1.53 Billion |
| 2007 | 20.69% | 36.37% | 0.50x | 1.15x | CN¥1.11 Billion |
| 2008 | 14.60% | 29.49% | 0.44x | 1.13x | CN¥517.19 Million |
| 2009 | 4.63% | 15.80% | 0.26x | 1.15x | CN¥-573.17 Million |
| 2010 | 9.07% | 22.70% | 0.33x | 1.22x | CN¥-104.86 Million |
| 2011 | 10.76% | 18.33% | 0.41x | 1.44x | CN¥79.16 Million |
| 2012 | 9.10% | 18.39% | 0.36x | 1.36x | CN¥-103.85 Million |
| 2013 | 9.64% | 21.21% | 0.25x | 1.80x | CN¥-43.62 Million |
| 2014 | 12.47% | 27.38% | 0.24x | 1.92x | CN¥360.90 Million |
| 2015 | 4.39% | 18.14% | 0.14x | 1.78x | CN¥-974.19 Million |
| 2016 | 5.33% | 14.36% | 0.08x | 4.70x | CN¥-875.77 Million |
| 2017 | 7.15% | 11.30% | 0.25x | 2.56x | CN¥-1.09 Billion |
| 2018 | 11.32% | 17.85% | 0.26x | 2.47x | CN¥540.70 Million |
| 2019 | 4.55% | 2.70% | 0.59x | 2.86x | CN¥-2.22 Billion |
| 2020 | 5.99% | 2.06% | 0.92x | 3.15x | CN¥-1.56 Billion |
| 2021 | 12.81% | 2.94% | 1.26x | 3.45x | CN¥1.12 Billion |
| 2022 | 11.74% | 3.51% | 1.05x | 3.19x | CN¥897.09 Million |
| 2023 | 13.86% | 4.43% | 1.08x | 2.91x | CN¥2.30 Billion |
| 2024 | 19.05% | 6.35% | 1.25x | 2.40x | CN¥6.43 Billion |
Industry Comparison
This section compares China Molybdenum Co Ltd Class A'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: $3,611,011,914
- Average return on equity (ROE) among peers: 5.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Molybdenum Co Ltd Class A (603993) | CN¥93.73 Billion | 92.20% | 0.97x | $52.00 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $1.22 Billion | 4.93% | 2.94x | $4.18 Billion |
| Shengda Mining Co Ltd (000603) | $2.65 Billion | 7.64% | 0.07x | $4.14 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $4.73 Billion | 10.36% | 0.70x | $4.77 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $3.78 Billion | 3.60% | 0.97x | $18.71 Billion |
| Guocheng Mining Co Ltd (000688) | $-180.72 Million | 0.00% | 0.00x | $7.87 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $2.76 Billion | 2.28% | 0.95x | $1.36 Billion |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $1.18 Billion | 11.86% | 0.96x | $2.02 Billion |
| Tibet Mineral Development Co Ltd (000762) | $2.08 Billion | -6.13% | 0.21x | $2.81 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $768.04 Million | 1.24% | 0.33x | $1.55 Billion |
| Yunnan Tin Co Ltd (000960) | $17.12 Billion | 16.45% | 1.39x | $8.57 Billion |
About China Molybdenum Co Ltd Class A
CMOC Group Limited, together with its subsidiaries, engages in the mining, beneficiation, smelting, and refining of base and rare metals. It operates in five segments: Molybdenum, Tungsten and Related Products; Niobium, Phosphorus and Related Products; Copper, Cobalt and Related Products; Metal Trading; and Others. The company offers copper, cobalt, molybdenum, tungsten, and niobium; and phosphat… Read more