Chifeng Jilong Gold Mining Co Ltd

SHG:600988 China Gold
Market Cap
$9.28 Billion
CN¥68.07 Billion CNY
Market Cap Rank
#1973 Global
#109 in China
Share Price
CN¥40.91
Change (1 day)
-3.40%
52-Week Range
CN¥20.60 - CN¥48.00
All Time High
CN¥48.00
About

Chifeng Jilong Gold Mining Co.,Ltd. engages in mining, metallurgical processing, and sales of gold worldwide. The company explores gold, zinc, lead, copper, and molybdenum deposits. It is also involved in dismantling e-waste and power battery recycling. The company was formerly known as Guangdong Oriental Brothers Investment Co., Ltd. and changed its name to Chifeng Jilong Gold Mining Co., Ltd. i… Read more

Chifeng Jilong Gold Mining Co Ltd (600988) - Total Assets

Latest total assets as of September 2025: CN¥23.47 Billion CNY

Based on the latest financial reports, Chifeng Jilong Gold Mining Co Ltd (600988) holds total assets worth CN¥23.47 Billion CNY as of September 2025.

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.

Chifeng Jilong Gold Mining Co Ltd - Total Assets Trend (2001–2024)

This chart illustrates how Chifeng Jilong Gold Mining Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Chifeng Jilong Gold Mining Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Chifeng Jilong Gold Mining Co Ltd's total assets of CN¥23.47 Billion consist of 31.5% current assets and 68.5% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 13.5%
Accounts Receivable CN¥683.35 Million 3.4%
Inventory CN¥2.54 Billion 12.5%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥209.30 Million 1.0%
Goodwill CN¥41.97 Million 0.2%

Asset Composition Trend (2001–2024)

This chart illustrates how Chifeng Jilong Gold Mining 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: Chifeng Jilong Gold Mining Co Ltd's current assets represent 31.5% of total assets in 2024, a decrease from 78.0% in 2001.
  • Cash Position: Cash and equivalents constituted 13.5% of total assets in 2024, up from 10.4% in 2001.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 6.0% in 2001.
  • Asset Diversification: The largest asset category is inventory at 12.5% of total assets.

Chifeng Jilong Gold Mining Co Ltd Competitors by Total Assets

Key competitors of Chifeng Jilong Gold Mining Co Ltd based on total assets are shown below.

Company Country Total Assets
Gold Royalty Corp.
NYSE MKT:GROY
USA $740.52 Million
Besra Gold Inc.
PINK:BESAF
USA $41.56 Million
Gold Fields Limited
PINK:GFIOF
USA $10.14 Billion
Guskin Gold Corp
PINK:GKIN
USA $168.97K
Kapa Gold Inc.
V:KAPA
Canada CA$3.56 Million
Mining Global Inc
PINK:MNGG
USA $13.14K
Matmown Inc
PINK:MTMW
USA $1.29 Million
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
China CN¥2.13 Billion

Chifeng Jilong Gold Mining 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

Historical Range: 0.31 - 0.78

Moderate asset utilization - Chifeng Jilong Gold Mining Co Ltd generates 0.44x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -0.66% - 10.87%

Solid ROA - For every $100 in assets, Chifeng Jilong Gold Mining Co Ltd generates $8.68 in net profit.

Chifeng Jilong Gold Mining 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 2.94 1.38 3.28
Quick Ratio 2.03 0.84 2.57
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥5.97 Billion CN¥ 1.73 Billion CN¥ 2.49 Billion

Chifeng Jilong Gold Mining Co Ltd - Advanced Valuation Insights

This section examines the relationship between Chifeng Jilong Gold Mining 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 6.43
Latest Market Cap to Assets Ratio 0.39
Asset Growth Rate (YoY) 8.6%
Total Assets CN¥20.33 Billion
Market Capitalization $7.99 Billion USD

Valuation Analysis

Below Book Valuation: The market values Chifeng Jilong Gold Mining Co Ltd's assets below their book value (0.39 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Chifeng Jilong Gold Mining Co Ltd's assets grew by 8.6% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Chifeng Jilong Gold Mining Co Ltd (2001–2024)

The table below shows the annual total assets of Chifeng Jilong Gold Mining Co Ltd from 2001 to 2024.

Year Total Assets Change
2024-12-31 CN¥20.33 Billion +8.61%
2023-12-31 CN¥18.72 Billion +6.69%
2022-12-31 CN¥17.54 Billion +117.84%
2021-12-31 CN¥8.05 Billion +11.61%
2020-12-31 CN¥7.22 Billion -7.31%
2019-12-31 CN¥7.78 Billion +0.47%
2018-12-31 CN¥7.75 Billion +60.11%
2017-12-31 CN¥4.84 Billion +25.87%
2016-12-31 CN¥3.84 Billion +12.09%
2015-12-31 CN¥3.43 Billion +129.90%
2014-12-31 CN¥1.49 Billion +2.31%
2013-12-31 CN¥1.46 Billion +188.01%
2012-12-31 CN¥506.28 Million +427.32%
2011-12-31 CN¥96.01 Million +24.87%
2010-12-31 CN¥76.89 Million -4.39%
2009-12-31 CN¥80.42 Million -23.83%
2008-12-31 CN¥105.57 Million -1.82%
2007-12-31 CN¥107.53 Million -12.68%
2006-12-31 CN¥123.15 Million -66.31%
2005-12-31 CN¥365.51 Million -42.27%
2004-12-31 CN¥633.19 Million +90.30%
2003-12-31 CN¥332.73 Million +17.12%
2002-12-31 CN¥284.11 Million +5.71%
2001-12-31 CN¥268.76 Million --