Jinchuan Group International Resources Co. Ltd
Jinchuan Group International Resources Co. Ltd, an investment holding company, engages in mining operations. The company explores for copper, cobalt, and copper concentrates. It also operates Ruashi mine, a copper and cobalt mine located in Lubumbashi, the Democratic Republic of Congo; Kinsenda mine, a copper mine situated in Haut-Katanga Province, the Democratic Republic of Congo; Chibuluma sout… Read more
Jinchuan Group International Resources Co. Ltd (JGRRF) - Total Assets
Latest total assets as of June 2024: $2.30 Billion USD
Based on the latest financial reports, Jinchuan Group International Resources Co. Ltd (JGRRF) holds total assets worth $2.30 Billion USD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Jinchuan Group International Resources Co. Ltd - Total Assets Trend (2020–2023)
This chart illustrates how Jinchuan Group International Resources Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Jinchuan Group International Resources Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Jinchuan Group International Resources Co. Ltd's total assets of $2.30 Billion consist of 12.5% current assets and 87.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.8% |
| Accounts Receivable | $43.60 Million | 2.0% |
| Inventory | $115.15 Million | 5.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Jinchuan Group International Resources Co. Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Jinchuan Group International Resources Co. Ltd's current assets represent 12.5% of total assets in 2023, a decrease from 24.2% in 2020.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2023, down from 4.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 5.3% of total assets.
Jinchuan Group International Resources Co. Ltd Competitors by Total Assets
Key competitors of Jinchuan Group International Resources Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
|
China | CN¥91.90 Billion |
|
North Copper Shanxi Co Ltd
SHE:000737
|
China | CN¥19.47 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
China | CN¥54.36 Billion |
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
China | CN¥47.86 Billion |
|
Poongsan Holdi
KO:005810
|
Korea | ₩1.35 Trillion |
|
First Copper Technology Co Ltd
TW:2009
|
Taiwan | NT$10.15 Billion |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
|
China | CN¥9.38 Billion |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
China | CN¥2.21 Billion |
Jinchuan Group International Resources Co. Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Jinchuan Group International Resources Co. Ltd generates 0.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Jinchuan Group International Resources Co. Ltd is currently not profitable relative to its asset base.
Jinchuan Group International Resources Co. Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.02 | 1.21 | 1.17 |
| Quick Ratio | 0.60 | 0.77 | 0.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.39 Million | $ 69.43 Million | $ 45.80 Million |
Jinchuan Group International Resources Co. Ltd - Advanced Valuation Insights
This section examines the relationship between Jinchuan Group International Resources Co. Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.29 |
| Latest Market Cap to Assets Ratio | 0.25 |
| Asset Growth Rate (YoY) | 6.9% |
| Total Assets | $2.17 Billion |
| Market Capitalization | $535.78 Million USD |
Valuation Analysis
Below Book Valuation: The market values Jinchuan Group International Resources Co. Ltd's assets below their book value (0.25 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Jinchuan Group International Resources Co. Ltd's assets grew by 6.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Jinchuan Group International Resources Co. Ltd (2020–2023)
The table below shows the annual total assets of Jinchuan Group International Resources Co. Ltd from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.17 Billion | +6.94% |
| 2022-12-31 | $2.03 Billion | -0.45% |
| 2021-12-31 | $2.04 Billion | +15.29% |
| 2020-12-31 | $1.77 Billion | -- |