Pangang Group Vanadium Titanium & Resources Co Ltd

SHE:000629 China Other Industrial Metals & Mining
Market Cap
$4.80 Billion
CN¥35.21 Billion CNY
Market Cap Rank
#4225 Global
#419 in China
Share Price
CN¥3.79
Change (1 day)
-2.82%
52-Week Range
CN¥2.48 - CN¥4.33
All Time High
CN¥7.48
Categories
Companies in China Other Industrial Metals & Mining
About

Pangang Group Vanadium & Titanium Resources Co., Ltd. engages in the technology research and development, production, sales, and application development of sail products, titanium dioxide and titanium slag in China and internationally. The company operates through four segments: Titanium, Machinery, Electricity, and Others. It provides sail oxide, sail iron, sail nitrogen alloy, sail aluminum all… Read more

Pangang Group Vanadium Titanium & Resources Co Ltd (000629) - Net Assets

Latest net assets as of September 2025: CN¥12.64 Billion CNY

Based on the latest financial reports, Pangang Group Vanadium Titanium & Resources Co Ltd (000629) has net assets worth CN¥12.64 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¥14.74 Billion) and total liabilities (CN¥2.11 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¥12.64 Billion
% of Total Assets 85.7%
Annual Growth Rate 9.7%
5-Year Change 31.29%
10-Year Change 31.86%
Growth Volatility 68.75

Pangang Group Vanadium Titanium & Resources Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Pangang Group Vanadium Titanium & Resources 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 Pangang Group Vanadium Titanium & Resources Co Ltd (1993–2024)

The table below shows the annual net assets of Pangang Group Vanadium Titanium & Resources Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥12.86 Billion +2.60%
2023-12-31 CN¥12.54 Billion +36.70%
2022-12-31 CN¥9.17 Billion +15.44%
2021-12-31 CN¥7.94 Billion -18.91%
2020-12-31 CN¥9.80 Billion +1.65%
2019-12-31 CN¥9.64 Billion +25.30%
2018-12-31 CN¥7.69 Billion +69.47%
2017-12-31 CN¥4.54 Billion +25.81%
2016-12-31 CN¥3.61 Billion -63.02%
2015-12-31 CN¥9.75 Billion -19.83%
2014-12-31 CN¥12.17 Billion -19.46%
2013-12-31 CN¥15.11 Billion -1.84%
2012-12-31 CN¥15.39 Billion +3.58%
2011-12-31 CN¥14.86 Billion -9.25%
2010-12-31 CN¥16.37 Billion +4.27%
2009-12-31 CN¥15.70 Billion +22.14%
2008-12-31 CN¥12.86 Billion +19.04%
2007-12-31 CN¥10.80 Billion +21.80%
2006-12-31 CN¥8.87 Billion +8.84%
2005-12-31 CN¥8.15 Billion +8.65%
2004-12-31 CN¥7.50 Billion +13.19%
2003-12-31 CN¥6.62 Billion +39.94%
2002-12-31 CN¥4.73 Billion +7.42%
2001-12-31 CN¥4.41 Billion +6.70%
2000-12-31 CN¥4.13 Billion +5.13%
1999-12-31 CN¥3.93 Billion -1.04%
1998-12-31 CN¥3.97 Billion +376.04%
1997-12-31 CN¥833.90 Million +2.56%
1996-12-31 CN¥813.08 Million +13.69%
1995-12-31 CN¥715.19 Million -2.67%
1994-12-31 CN¥734.85 Million +0.90%
1993-12-31 CN¥728.33 Million --

Equity Component Analysis

This analysis shows how different components contribute to Pangang Group Vanadium Titanium & Resources 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 decreased by 13821.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥9.29 Billion 74.53%
Other Comprehensive Income CN¥3.87 Billion 31.07%
Other Components CN¥2.41 Billion 19.34%
Total Equity CN¥12.47 Billion 100.00%

Pangang Group Vanadium Titanium & Resources Co Ltd Competitors by Market Cap

The table below lists competitors of Pangang Group Vanadium Titanium & Resources Co Ltd ranked by their market capitalization.

Company Market Cap
GCL-Poly Energy Holdings Limited
PINK:GCPEF
 		$2.67 Billion
Simmons First National Corporation
NASDAQ:SFNC
 		$2.67 Billion
Krungthai Card Public Company Limited
PINK:KGTHY
 		$2.67 Billion
S.P.E.E.H Hidroelectrica S.A.
RO:H2O
 		$2.67 Billion
CI Financial Corp.
PINK:CIXXF
 		$2.66 Billion
COWAY Co. Ltd
KO:021240
 		$2.66 Billion
California Water Service Group
NYSE:CWT
 		$2.66 Billion
PGE Polska Grupa Energetyczna S.A
PINK:PPOEF
 		$2.66 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pangang Group Vanadium Titanium & Resources Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,125,101,084 to 12,471,380,341, a change of 346,279,257 (2.9%).
  • Net income of 285,202,657 contributed positively to equity growth.
  • Dividend payments of 5,956,285 reduced retained earnings.
  • Share repurchases of 136,911 reduced equity.
  • Other comprehensive income increased equity by 3,247,134,495.
  • Other factors decreased equity by 3,179,964,699.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥285.20 Million +2.29%
Dividends Paid CN¥5.96 Million -0.05%
Share Repurchases CN¥136.91K -0.0%
Other Comprehensive Income CN¥3.25 Billion +26.04%
Other Changes CN¥-3.18 Billion -25.5%
Total Change CN¥- 2.86%

Book Value vs Market Value Analysis

This analysis compares Pangang Group Vanadium Titanium & Resources 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: 2.82x
  • 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 23.94x to 2.82x 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¥0.16 CN¥3.79 x
1994-12-31 CN¥0.16 CN¥3.79 x
1995-12-31 CN¥0.16 CN¥3.79 x
1996-12-31 CN¥0.18 CN¥3.79 x
1997-12-31 CN¥0.18 CN¥3.79 x
1998-12-31 CN¥0.86 CN¥3.79 x
1999-12-31 CN¥0.85 CN¥3.79 x
2000-12-31 CN¥0.90 CN¥3.79 x
2001-12-31 CN¥0.96 CN¥3.79 x
2002-12-31 CN¥1.03 CN¥3.79 x
2003-12-31 CN¥1.44 CN¥3.79 x
2004-12-31 CN¥1.63 CN¥3.79 x
2005-12-31 CN¥1.75 CN¥3.79 x
2006-12-31 CN¥1.90 CN¥3.79 x
2007-12-31 CN¥1.89 CN¥3.79 x
2008-12-31 CN¥1.69 CN¥3.79 x
2009-12-31 CN¥1.71 CN¥3.79 x
2010-12-31 CN¥1.85 CN¥3.79 x
2011-12-31 CN¥1.73 CN¥3.79 x
2012-12-31 CN¥1.76 CN¥3.79 x
2013-12-31 CN¥1.72 CN¥3.79 x
2014-12-31 CN¥1.23 CN¥3.79 x
2015-12-31 CN¥0.98 CN¥3.79 x
2016-12-31 CN¥0.40 CN¥3.79 x
2017-12-31 CN¥0.50 CN¥3.79 x
2018-12-31 CN¥0.86 CN¥3.79 x
2019-12-31 CN¥1.09 CN¥3.79 x
2020-12-31 CN¥1.10 CN¥3.79 x
2021-12-31 CN¥0.88 CN¥3.79 x
2022-12-31 CN¥1.02 CN¥3.79 x
2023-12-31 CN¥1.36 CN¥3.79 x
2024-12-31 CN¥1.34 CN¥3.79 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pangang Group Vanadium Titanium & Resources 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): 2.29%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.16%
  • • Asset Turnover: 0.89x
  • • Equity Multiplier: 1.19x
  • Recent ROE (2.29%) is below the historical average (2.51%), 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 3.89% 16.76% 0.13x 1.83x CN¥-44.51 Million
1994 3.94% 3.67% 0.43x 2.50x CN¥-44.57 Million
1995 4.38% 2.59% 0.68x 2.51x CN¥-40.17 Million
1996 11.09% 4.98% 0.98x 2.28x CN¥8.85 Million
1997 65.42% 8.15% 4.01x 2.00x CN¥462.12 Million
1998 10.46% 6.13% 0.82x 2.08x CN¥18.18 Million
1999 6.98% 4.19% 0.81x 2.07x CN¥-118.67 Million
2000 11.16% 6.08% 1.07x 1.71x CN¥48.06 Million
2001 10.92% 6.42% 1.04x 1.64x CN¥40.66 Million
2002 10.36% 6.40% 0.95x 1.70x CN¥17.09 Million
2003 8.67% 6.19% 0.94x 1.50x CN¥-88.31 Million
2004 10.99% 6.13% 1.19x 1.51x CN¥74.54 Million
2005 10.07% 5.33% 1.12x 1.69x CN¥5.89 Million
2006 10.54% 5.26% 0.86x 2.33x CN¥46.74 Million
2007 9.05% 4.49% 0.93x 2.17x CN¥-99.39 Million
2008 -3.64% -103.74% 0.02x 2.03x CN¥-1.70 Billion
2009 -10.50% -4.03% 0.69x 3.79x CN¥-3.03 Billion
2010 10.35% 3.64% 0.75x 3.76x CN¥54.85 Million
2011 0.01% 0.00% 1.66x 2.15x CN¥-1.45 Billion
2012 3.93% 3.80% 0.50x 2.06x CN¥-915.55 Million
2013 3.71% 3.52% 0.44x 2.42x CN¥-929.37 Million
2014 -35.61% -22.50% 0.32x 4.94x CN¥-4.84 Billion
2015 -26.21% -19.33% 0.20x 6.65x CN¥-3.05 Billion
2016 -174.65% -56.44% 1.10x 2.81x CN¥-6.33 Billion
2017 20.07% 9.15% 0.90x 2.43x CN¥433.06 Million
2018 41.76% 20.38% 1.28x 1.60x CN¥2.35 Billion
2019 15.20% 10.78% 1.01x 1.39x CN¥485.43 Million
2020 4.02% 3.61% 0.90x 1.23x CN¥-566.89 Million
2021 17.64% 9.44% 1.38x 1.36x CN¥575.17 Million
2022 15.29% 8.91% 1.26x 1.36x CN¥464.82 Million
2023 8.72% 7.35% 0.94x 1.26x CN¥-154.85 Million
2024 2.29% 2.16% 0.89x 1.19x CN¥-961.94 Million

Industry Comparison

This section compares Pangang Group Vanadium Titanium & Resources Co Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $1,600,241,658
  • Average return on equity (ROE) among peers: 7.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Pangang Group Vanadium Titanium & Resources Co Ltd (000629) CN¥12.64 Billion 3.89% 0.17x $2.67 Billion
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) $3.76 Billion 32.01% 1.11x $2.38 Billion
Shengda Mining Co Ltd (000603) $116.05 Million 17.12% 0.71x $2.08 Billion
China Tungsten and Hightech Materials Co Ltd (000657) $3.92 Billion 0.56% 0.99x $11.36 Billion
Guocheng Mining Co Ltd (000688) $-823.22 Million 0.00% 0.00x $1.69 Billion
Huludao Zinc Industry Co Ltd (000751) $1.82 Billion 3.47% 3.47x $885.40 Million
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) $1.08 Billion 7.44% 0.44x $1.27 Billion
Tibet Mineral Development Co Ltd (000762) $2.60 Billion 5.40% 0.11x $1.62 Billion
Innuovo Technology Co Ltd Class A (000795) $768.04 Million 1.24% 0.33x $706.90 Million
Yunnan Tin Co Ltd (000960) $1.16 Billion 0.10% 0.93x $4.62 Billion