Minmetals Development Co., Ltd.

Shanghai Stock Exchange 600058.SS

Minmetals Development Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2023: 2.65%

Minmetals Development Co., Ltd. Return on Equity (ROE) is 2.65% for the year ending December 31, 2023, a -65.20% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Minmetals Development Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2022 was 7.61%, a 13.56% change year over year.
  • Minmetals Development Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2021 was 6.70%, a 68.34% change year over year.
  • Minmetals Development Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2020 was 3.98%, a 51.86% change year over year.
  • Minmetals Development Co., Ltd. Return on Equity (ROE) for the year ending December 31, 2019 was 2.62%, a 121.47% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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SV Wall Street
Shanghai Stock Exchange: 600058.SS

Minmetals Development Co., Ltd.

CEO Ms. Shizhu Qu
IPO Date May 28, 1997
Location China
Headquarters No. 5 Sanlihe Road
Employees 2,718
Sector Materials
Industries
Description

Minmetals Development Co., Ltd. engages in resource trading, metal trading, and supply chain services in China and internationally. The company offers iron ore, coke, coal, billets, scrap, scrap, pig iron, refractories, barite, fluorspar, talc, silicon carbide and other metallurgical industrial raw materials, as well as ferrochrome, silicomanganese, ferromanganese, electrolytic manganese, ferrosilicon, ferromolybdenum, molybdenum oxide, ferronickel, ferro-tungsten, ferrovanadium, ferro-titanium, ferroboron, and other alloy raw materials, such as chrome ore and manganese ore. It also provides building materials, plates, profiles, pipes, and billets; steel trading, warehousing, and logistics; processing diversified services, including distribution and futures delivery; supporting services for ocean, coastal, and inland water transportation; and freight forwarding, shipping, processing and distribution, insurance, and engineering logistics, as well as financial services supply chain platform and e-commerce platform. The company was incorporated in 1997 and is based in Beijing, the People's Republic of China. Minmetals Development Co., Ltd. is a subsidiary of China Minmetals Co., Ltd.

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StockViz Staff

February 1, 2025

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