Zangge Holding Co Ltd

SHE:000408 China Chemicals
Market Cap
$17.26 Billion
CN¥126.62 Billion CNY
Market Cap Rank
#1474 Global
#65 in China
Share Price
CN¥80.64
Change (1 day)
+1.13%
52-Week Range
CN¥32.21 - CN¥94.87
All Time High
CN¥94.87
Categories
Companies in China Chemicals
About

Zangge Mining Company Limited, together with its subsidiaries, produces and sells potassium chloride and lithium carbonate in China and internationally. The company offers potash fertilizer from crystalline, granular, and powdered potassium chloride; magnesium chloride; and battery-grade lithium carbonate. It is also involved in mineral product development; investment activities; trading operatio… Read more

Zangge Holding Co Ltd (000408) - Net Assets

Latest net assets as of September 2025: CN¥15.09 Billion CNY

Based on the latest financial reports, Zangge Holding Co Ltd (000408) has net assets worth CN¥15.09 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥16.36 Billion) and total liabilities (CN¥1.28 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥15.09 Billion
% of Total Assets 92.21%
Annual Growth Rate 20.33%
5-Year Change 74.9%
10-Year Change 17879.51%
Growth Volatility 1354.89

Zangge Holding Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Zangge Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Zangge Holding Co Ltd (1993–2024)

The table below shows the annual net assets of Zangge Holding Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥13.85 Billion +6.10%
2023-12-31 CN¥13.05 Billion +7.64%
2022-12-31 CN¥12.12 Billion +28.24%
2021-12-31 CN¥9.45 Billion +19.41%
2020-12-31 CN¥7.92 Billion +0.13%
2019-12-31 CN¥7.91 Billion +6.34%
2018-12-31 CN¥7.44 Billion +13.78%
2017-12-31 CN¥6.53 Billion +9.13%
2016-12-31 CN¥5.99 Billion +7675.37%
2015-12-31 CN¥77.02 Million -44.03%
2014-12-31 CN¥137.60 Million -28.92%
2013-12-31 CN¥193.59 Million +9.26%
2012-12-31 CN¥177.18 Million +3.66%
2011-12-31 CN¥170.92 Million +3.83%
2010-12-31 CN¥164.61 Million +22.86%
2009-12-31 CN¥133.99 Million -51.07%
2008-12-31 CN¥273.85 Million -27.95%
2007-12-31 CN¥380.09 Million +1.15%
2006-12-31 CN¥375.77 Million +2.55%
2005-12-31 CN¥366.41 Million -20.89%
2004-12-31 CN¥463.16 Million -3.04%
2003-12-31 CN¥477.67 Million -4.49%
2002-12-31 CN¥500.14 Million +6.95%
2001-12-31 CN¥467.64 Million +21.58%
2000-12-31 CN¥384.64 Million +3.02%
1999-12-31 CN¥373.37 Million +22.71%
1998-12-31 CN¥304.26 Million +80.66%
1997-12-31 CN¥168.42 Million +24.89%
1996-12-31 CN¥134.86 Million +148.18%
1995-12-31 CN¥54.34 Million +12.88%
1994-12-31 CN¥48.14 Million +7.80%
1993-12-31 CN¥44.66 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zangge Holding Co Ltd'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 967621051600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥9.68 Billion 69.79%
Common Stock CN¥1.58 Billion 11.40%
Other Comprehensive Income CN¥1.02 Billion 7.37%
Other Components CN¥1.59 Billion 11.44%
Total Equity CN¥13.87 Billion 100.00%

Zangge Holding Co Ltd Competitors by Market Cap

The table below lists competitors of Zangge Holding Co Ltd ranked by their market capitalization.

Company Market Cap
Osaka Gas Co. Ltd
OTCGREY:OSGSY
 		$11.89 Billion
DraftKings Inc
NASDAQ:DKNG
 		$11.92 Billion
Beiersdorf Aktiengesellschaft
PINK:BDRFF
 		$11.93 Billion
Mueller Industries Inc
NYSE:MLI
 		$11.94 Billion
Krung Thai Bank Public Co Ltd
PINK:KGTFY
 		$11.88 Billion
New York Times Company
NYSE:NYT
 		$11.88 Billion
STMicroelectronics N.V
PINK:STMEF
 		$11.87 Billion
Tele2 AB (publ)
ST:TEL2-A
 		$11.83 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zangge Holding Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 13,057,776,309 to 13,865,071,905, a change of 807,295,596 (6.2%).
  • Net income of 2,579,985,941 contributed positively to equity growth.
  • Dividend payments of 1,667,944,926 reduced retained earnings.
  • Share repurchases of 150,936,559 reduced equity.
  • Other comprehensive income decreased equity by 48,149,019.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥2.58 Billion +18.61%
Dividends Paid CN¥1.67 Billion -12.03%
Share Repurchases CN¥150.94 Million -1.09%
Other Comprehensive Income CN¥-48.15 Million -0.35%
Other Changes CN¥94.34 Million +0.68%
Total Change CN¥- 6.18%

Book Value vs Market Value Analysis

This analysis compares Zangge Holding Co Ltd'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: 9.15x
  • 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 456.54x to 9.15x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.18 CN¥80.64 x
1994-12-31 CN¥0.19 CN¥80.64 x
1995-12-31 CN¥0.21 CN¥80.64 x
1996-12-31 CN¥0.53 CN¥80.64 x
1997-12-31 CN¥0.67 CN¥80.64 x
1998-12-31 CN¥1.20 CN¥80.64 x
1999-12-31 CN¥1.15 CN¥80.64 x
2000-12-31 CN¥1.17 CN¥80.64 x
2001-12-31 CN¥1.72 CN¥80.64 x
2002-12-31 CN¥1.76 CN¥80.64 x
2003-12-31 CN¥1.80 CN¥80.64 x
2004-12-31 CN¥1.66 CN¥80.64 x
2005-12-31 CN¥1.28 CN¥80.64 x
2006-12-31 CN¥1.36 CN¥80.64 x
2007-12-31 CN¥2.59 CN¥80.64 x
2008-12-31 CN¥1.29 CN¥80.64 x
2009-12-31 CN¥0.51 CN¥80.64 x
2010-12-31 CN¥0.63 CN¥80.64 x
2011-12-31 CN¥0.66 CN¥80.64 x
2012-12-31 CN¥0.69 CN¥80.64 x
2013-12-31 CN¥0.76 CN¥80.64 x
2014-12-31 CN¥0.54 CN¥80.64 x
2015-12-31 CN¥0.05 CN¥80.64 x
2016-12-31 CN¥3.27 CN¥80.64 x
2017-12-31 CN¥3.28 CN¥80.64 x
2018-12-31 CN¥3.76 CN¥80.64 x
2019-12-31 CN¥3.85 CN¥80.64 x
2020-12-31 CN¥4.02 CN¥80.64 x
2021-12-31 CN¥4.77 CN¥80.64 x
2022-12-31 CN¥7.65 CN¥80.64 x
2023-12-31 CN¥8.46 CN¥80.64 x
2024-12-31 CN¥8.81 CN¥80.64 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zangge Holding Co Ltd 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): 18.61%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 79.36%
  • • Asset Turnover: 0.22x
  • • Equity Multiplier: 1.09x
  • Recent ROE (18.61%) is below the historical average (73.83%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 14.35% 6.76% 0.69x 3.09x CN¥1.94 Million
1994 14.47% 7.59% 0.66x 2.90x CN¥2.15 Million
1995 16.98% 9.37% 0.61x 2.99x CN¥3.79 Million
1996 10.83% 11.35% 0.48x 2.00x CN¥1.12 Million
1997 10.35% 10.36% 0.44x 2.30x CN¥586.97K
1998 8.29% 9.85% 0.35x 2.38x CN¥-5.19 Million
1999 11.79% 11.20% 0.41x 2.54x CN¥5.22 Million
2000 6.88% 4.56% 0.61x 2.47x CN¥-9.24 Million
2001 3.50% 4.62% 0.38x 2.02x CN¥-28.23 Million
2002 2.32% 2.73% 0.39x 2.16x CN¥-34.19 Million
2003 1.61% 3.57% 0.17x 2.58x CN¥-38.10 Million
2004 -8.32% -16.34% 0.20x 2.56x CN¥-77.04 Million
2005 -30.02% -45.69% 0.18x 3.57x CN¥-129.52 Million
2006 4.11% 6.99% 0.21x 2.76x CN¥-20.19 Million
2007 1.04% 0.56% 0.64x 2.90x CN¥-32.51 Million
2008 -39.27% -11.51% 1.29x 2.65x CN¥-130.42 Million
2009 -120.64% -109.70% 0.28x 3.97x CN¥-168.95 Million
2010 21.75% 15.58% 0.51x 2.76x CN¥18.78 Million
2011 4.40% 3.36% 0.51x 2.56x CN¥-9.37 Million
2012 2.67% 13.87% 0.07x 2.61x CN¥-12.69 Million
2013 329.38% 35.77% 3.05x 3.02x CN¥609.64 Million
2014 631.70% 31.94% 5.88x 3.37x CN¥843.24 Million
2015 1305.89% 36.43% 5.88x 6.10x CN¥986.33 Million
2016 15.30% 35.03% 0.35x 1.24x CN¥316.00 Million
2017 18.58% 38.27% 0.41x 1.19x CN¥560.89 Million
2018 11.43% 31.72% 0.29x 1.26x CN¥106.65 Million
2019 3.90% 15.27% 0.21x 1.22x CN¥-482.40 Million
2020 2.89% 12.02% 0.22x 1.10x CN¥-562.83 Million
2021 15.10% 39.40% 0.34x 1.12x CN¥481.96 Million
2022 46.64% 69.01% 0.61x 1.12x CN¥4.44 Billion
2023 26.19% 65.44% 0.37x 1.08x CN¥2.11 Billion
2024 18.61% 79.36% 0.22x 1.09x CN¥1.19 Billion

Industry Comparison

This section compares Zangge Holding Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $3,754,080,791
  • Average return on equity (ROE) among peers: 7.92%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zangge Holding Co Ltd (000408) CN¥15.09 Billion 14.35% 0.08x $11.89 Billion
North Huajin Chemical Industries Co Ltd (000059) $14.88 Billion 6.33% 1.16x $685.81 Million
Sichuan Chemical Co Ltd (000155) $10.05 Billion 7.93% 1.17x $2.22 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $2.47 Billion 6.91% 0.55x $2.91 Billion
Sichuan Jinlu Group Co Ltd (000510) $754.79 Million 9.90% 0.56x $1.16 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $308.01 Million 5.65% 0.37x $437.84 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $560.43 Million 4.68% 0.78x $227.24 Million
Ningxia Younglight Chemicals Co Ltd (000635) $2.77 Billion 1.89% 0.12x $300.74 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $1.17 Billion 7.04% 1.48x $190.70 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683) $826.34 Million 20.99% 1.92x $3.00 Billion