China Molybdenum Co Ltd Class A (603993) - Net Assets

Latest as of September 2025: CN¥93.73 Billion CNY ≈ $13.72 Billion USD

Based on the latest financial reports, China Molybdenum Co Ltd Class A (603993) has net assets worth CN¥93.73 Billion CNY (≈ $13.72 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¥184.19 Billion ≈ $26.95 Billion USD) and total liabilities (CN¥90.46 Billion ≈ $13.24 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. Explore China Molybdenum Co Ltd Class A (603993) cash conversion ratio to assess how effectively this company generates cash.

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 China Molybdenum Co Ltd Class A (603993) investment intensity to see how much of total assets are deployed in long-term investments.

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. For live valuation and market cap data, see market cap of China Molybdenum Co Ltd Class A.

Year	Net Assets	Change
2024-12-31	CN¥85.94 Billion ≈ $12.58 Billion	+19.43%
2023-12-31	CN¥71.96 Billion ≈ $10.53 Billion	+16.00%
2022-12-31	CN¥62.04 Billion ≈ $9.08 Billion	+28.54%
2021-12-31	CN¥48.26 Billion ≈ $7.06 Billion	+1.96%
2020-12-31	CN¥47.33 Billion ≈ $6.93 Billion	-4.37%
2019-12-31	CN¥49.50 Billion ≈ $7.24 Billion	-0.21%
2018-12-31	CN¥49.60 Billion ≈ $7.26 Billion	+8.04%
2017-12-31	CN¥45.91 Billion ≈ $6.72 Billion	+33.70%
2016-12-31	CN¥34.34 Billion ≈ $5.02 Billion	+92.72%
2015-12-31	CN¥17.82 Billion ≈ $2.61 Billion	+17.64%
2014-12-31	CN¥15.14 Billion ≈ $2.22 Billion	+17.47%
2013-12-31	CN¥12.89 Billion ≈ $1.89 Billion	+4.21%
2012-12-31	CN¥12.37 Billion ≈ $1.81 Billion	+9.88%
2011-12-31	CN¥11.26 Billion ≈ $1.65 Billion	-3.77%
2010-12-31	CN¥11.70 Billion ≈ $1.71 Billion	+6.34%
2009-12-31	CN¥11.00 Billion ≈ $1.61 Billion	-5.51%
2008-12-31	CN¥11.65 Billion ≈ $1.70 Billion	+8.76%
2007-12-31	CN¥10.71 Billion ≈ $1.57 Billion	+392.52%
2006-12-31	CN¥2.17 Billion ≈ $318.11 Million	+106.89%
2005-12-31	CN¥1.05 Billion ≈ $153.76 Million	+154.18%
2004-12-31	CN¥413.39 Million ≈ $60.49 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
Arthur J Gallagher & Co NYSE:AJG	$51.10 Billion
ASE Industrial Holding Co Ltd ADR NYSE:ASX	$51.18 Billion
Thales S.A. PA:HO	$51.35 Billion
Deutsche Bank Aktiengesellschaft F:DBK	$51.48 Billion
Investor AB ser. A ST:INVE-A	$50.72 Billion
Fastenal Company NASDAQ:FAST	$50.71 Billion
Cencora Inc. NYSE:COR	$50.53 Billion
Rockwell Automation Inc NYSE:ROK	$50.51 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: 5.97x
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 113.48x to 5.97x 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¥19.74	x
2007-12-31	CN¥0.77	CN¥19.74	x
2008-12-31	CN¥0.78	CN¥19.74	x
2009-12-31	CN¥0.72	CN¥19.74	x
2010-12-31	CN¥0.77	CN¥19.74	x
2011-12-31	CN¥0.71	CN¥19.74	x
2012-12-31	CN¥0.77	CN¥19.74	x
2013-12-31	CN¥0.80	CN¥19.74	x
2014-12-31	CN¥0.96	CN¥19.74	x
2015-12-31	CN¥1.14	CN¥19.74	x
2016-12-31	CN¥1.13	CN¥19.74	x
2017-12-31	CN¥1.96	CN¥19.74	x
2018-12-31	CN¥1.86	CN¥19.74	x
2019-12-31	CN¥1.89	CN¥19.74	x
2020-12-31	CN¥1.80	CN¥19.74	x
2021-12-31	CN¥1.86	CN¥19.74	x
2022-12-31	CN¥2.42	CN¥19.74	x
2023-12-31	CN¥2.74	CN¥19.74	x
2024-12-31	CN¥3.31	CN¥19.74	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: $3,547,236,053
Average return on equity (ROE) among peers: -66.39%

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	$50.74 Billion
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060)	$6.66 Billion	14.27%	1.11x	$4.86 Billion
Inner Mongolia Xingye Mining Co Ltd (000426)	$1.35 Billion	0.43%	0.87x	$11.16 Billion
Shengda Mining Co Ltd (000603)	$2.15 Billion	19.17%	0.73x	$3.21 Billion
Pangang Group Vanadium Titanium & Resources Co Ltd (000629)	$10.80 Billion	8.80%	1.11x	$4.66 Billion
China Tungsten and Hightech Materials Co Ltd (000657)	$3.92 Billion	0.56%	0.99x	$22.18 Billion
Guocheng Mining Co Ltd (000688)	$3.23 Billion	5.75%	1.40x	$6.71 Billion
Huludao Zinc Industry Co Ltd (000751)	$150.15 Million	-722.71%	48.00x	$1.27 Billion
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758)	$4.17 Billion	9.20%	1.95x	$2.00 Billion
Tibet Mineral Development Co Ltd (000762)	$2.29 Billion	1.50%	0.16x	$2.22 Billion
Innuovo Technology Co Ltd Class A (000795)	$756.42 Million	-0.86%	0.33x	$1.48 Billion

About China Molybdenum Co Ltd Class A

SHG:603993 China Other Industrial Metals & Mining

Market Cap

$50.74 Billion

CN¥346.75 Billion CNY

Market Cap Rank

#531 Global

#29 in China

Share Price

CN¥19.74

Change (1 day)

+7.17%

52-Week Range

CN¥7.30 - CN¥27.03

All Time High

CN¥27.03