China Nonferrous Mining Corporation Limited (3N4) - Net Assets
Based on the latest financial reports, China Nonferrous Mining Corporation Limited (3N4) has net assets worth €3.23 Billion EUR (≈ $3.78 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.68 Billion ≈ $5.47 Billion USD) and total liabilities (€1.45 Billion ≈ $1.69 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 3N4 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.23 Billion |
| % of Total Assets | 69.07% |
| Annual Growth Rate | 11.44% |
| 5-Year Change | 82.59% |
| 10-Year Change | 284.66% |
| Growth Volatility | 15.73 |
China Nonferrous Mining Corporation Limited - Net Assets Trend (2013–2024)
This chart illustrates how China Nonferrous Mining Corporation Limited's net assets have evolved over time, based on quarterly financial data. Also explore China Nonferrous Mining Corporation Limi asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for China Nonferrous Mining Corporation Limited (2013–2024)
The table below shows the annual net assets of China Nonferrous Mining Corporation Limited from 2013 to 2024. For live valuation and market cap data, see market cap of China Nonferrous Mining Corporation Limi.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.03 Billion ≈ $3.54 Billion |
+21.82% |
| 2023-12-31 | €2.49 Billion ≈ $2.91 Billion |
+6.59% |
| 2022-12-31 | €2.33 Billion ≈ $2.73 Billion |
+7.42% |
| 2021-12-31 | €2.17 Billion ≈ $2.54 Billion |
+30.92% |
| 2020-12-31 | €1.66 Billion ≈ $1.94 Billion |
+8.00% |
| 2019-12-31 | €1.54 Billion ≈ $1.80 Billion |
+18.47% |
| 2018-12-31 | €1.30 Billion ≈ $1.52 Billion |
+24.66% |
| 2017-12-31 | €1.04 Billion ≈ $1.22 Billion |
+23.28% |
| 2016-12-31 | €843.65 Million ≈ $986.31 Million |
+7.13% |
| 2015-12-31 | €787.47 Million ≈ $920.64 Million |
-29.87% |
| 2014-12-31 | €1.12 Billion ≈ $1.31 Billion |
+22.02% |
| 2013-12-31 | €920.19 Million ≈ $1.08 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to China Nonferrous Mining Corporation Limited'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 717.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.38 Billion | 61.58% |
| Other Components | €864.20 Million | 38.42% |
| Total Equity | €2.25 Billion | 100.00% |
China Nonferrous Mining Corporation Limited Competitors by Market Cap
The table below lists competitors of China Nonferrous Mining Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greek Organization of Football Prognostics S.A.
AT:OPAP
|
$5.07 Billion |
|
CONVATEC GRP UNSP.ADR /4
F:2CVU
|
$5.07 Billion |
|
Cathay Biotech Inc
SHG:688065
|
$5.08 Billion |
|
Colliers International Group Inc Bats
TO:CIGI
|
$5.08 Billion |
|
Changchun High & New Technology Industries Group Inc
SHE:000661
|
$5.07 Billion |
|
Galenica Sante AG
SW:GALE
|
$5.07 Billion |
|
JYSKE BK. UNS.ADR 1/5 DK1
F:JYS
|
$5.07 Billion |
|
Ho Chi Minh City Development Joint Stock Commercial Bank
VN:HDB
|
$5.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Nonferrous Mining Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,842,386,000 to 2,249,068,000, a change of 406,682,000 (22.1%).
- Net income of 398,500,000 contributed positively to equity growth.
- Dividend payments of 115,898,000 reduced retained earnings.
- New share issuances of 124,891,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €398.50 Million | +17.72% |
| Dividends Paid | €115.90 Million | -5.15% |
| Share Issuances | €124.89 Million | +5.55% |
| Other Changes | €-811.00K | -0.04% |
| Total Change | €- | 22.07% |
Book Value vs Market Value Analysis
This analysis compares China Nonferrous Mining Corporation Limited'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: 1.94x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.96x to 1.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.23 | €1.12 | x |
| 2018-12-31 | €0.26 | €1.12 | x |
| 2019-12-31 | €0.29 | €1.12 | x |
| 2020-12-31 | €0.32 | €1.12 | x |
| 2021-12-31 | €0.41 | €1.12 | x |
| 2022-12-31 | €0.44 | €1.12 | x |
| 2023-12-31 | €0.49 | €1.12 | x |
| 2024-12-31 | €0.58 | €1.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Nonferrous Mining Corporation Limited 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): 17.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.44%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.85x
- Recent ROE (17.72%) is above the historical average (9.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 8.59% | 3.86% | 0.75x | 2.97x | €-11.02 Million |
| 2014 | 15.91% | 7.56% | 0.78x | 2.68x | €54.56 Million |
| 2015 | -44.23% | -23.54% | 0.55x | 3.43x | €-343.18 Million |
| 2016 | 1.84% | 0.90% | 0.54x | 3.77x | €-52.63 Million |
| 2017 | 18.10% | 7.75% | 0.66x | 3.56x | €63.72 Million |
| 2018 | 16.10% | 7.12% | 0.72x | 3.12x | €55.44 Million |
| 2019 | 13.30% | 6.71% | 0.61x | 3.27x | €33.49 Million |
| 2020 | 11.24% | 4.81% | 0.74x | 3.18x | €13.79 Million |
| 2021 | 23.16% | 8.82% | 0.97x | 2.70x | €202.90 Million |
| 2022 | 15.86% | 6.44% | 1.02x | 2.42x | €97.39 Million |
| 2023 | 15.07% | 7.70% | 0.94x | 2.07x | €93.41 Million |
| 2024 | 17.72% | 10.44% | 0.92x | 1.85x | €173.59 Million |
Industry Comparison
This section compares China Nonferrous Mining Corporation Limited's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $7,665,059,164
- Average return on equity (ROE) among peers: -10.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Nonferrous Mining Corporation Limited (3N4) | €3.23 Billion | 8.59% | 0.45x | $5.07 Billion |
| QMINES LTD (81V) | $18.09 Million | -18.65% | 0.19x | $16.19 Million |
| ALMA METALS LTD. CUFS1 (BP60) | $5.16 Million | -60.49% | 0.07x | $16.76 Million |
| Atalaya Mining Ltd (E5S1) | $286.37 Million | 12.12% | 0.41x | $1.38 Billion |
| GR.SOU.COP. LS-01 (E9E) | $4.35 Million | -23.83% | 0.05x | $19.68 Million |
| Jiangxi Copper Company Limited (JIX) | $49.98 Billion | 3.21% | 0.95x | $6.35 Billion |
| MMG Limited (OMS1) | $2.97 Billion | 3.49% | 3.54x | $12.52 Billion |
| Sandfire Resources Limited (S2Z) | $383.61 Million | 12.51% | 0.46x | $4.20 Billion |
About China Nonferrous Mining Corporation Limited
China Nonferrous Mining Corporation Limited, an investment holding company, engages in the exploration, mining, ore processing, leaching, smelting, and sale of copper cathodes, blister copper, copper anodes. The company also produces and sells cobalt hydroxide, sulphuric acid, and liquid sulphur dioxide. It serves in Mainland China, Switzerland, Singapore, Hong Kong, Luxemburg, and Africa. The co… Read more