Shaanxi Ligeance Mineral Resources Co Ltd
Ligeance Aerospace Technology Co.,Ltd. engages in aviation manufacturing in China and internationally. It is involved in the manufacturing, processing, assembly, and maintenance services for aerospace components. The company also offers aircraft and engine parts, including wing edge surfaces, engine-related components, landing gear, oil pump covers, wing spars, wing skins, and core components, su… Read more
Shaanxi Ligeance Mineral Resources Co Ltd (000697) - Net Assets
Latest net assets as of September 2025: CN¥-29.54 Million CNY
Based on the latest financial reports, Shaanxi Ligeance Mineral Resources Co Ltd (000697) has net assets worth CN¥-29.54 Million 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¥3.92 Billion) and total liabilities (CN¥3.95 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¥-29.54 Million |
| % of Total Assets | -0.75% |
| Annual Growth Rate | 0.55% |
| 5-Year Change | -91.24% |
| 10-Year Change | -94.12% |
| Growth Volatility | 60.37 |
Shaanxi Ligeance Mineral Resources Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Shaanxi Ligeance Mineral 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 Shaanxi Ligeance Mineral Resources Co Ltd (1993–2024)
The table below shows the annual net assets of Shaanxi Ligeance Mineral Resources Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥89.05 Million | -78.67% |
| 2023-12-31 | CN¥417.48 Million | +204.10% |
| 2022-12-31 | CN¥-401.03 Million | -195.53% |
| 2021-12-31 | CN¥419.79 Million | -58.70% |
| 2020-12-31 | CN¥1.02 Billion | -32.92% |
| 2019-12-31 | CN¥1.52 Billion | -50.68% |
| 2018-12-31 | CN¥3.07 Billion | +97.65% |
| 2017-12-31 | CN¥1.55 Billion | +4.77% |
| 2016-12-31 | CN¥1.48 Billion | -2.04% |
| 2015-12-31 | CN¥1.51 Billion | +6.27% |
| 2014-12-31 | CN¥1.43 Billion | +149.52% |
| 2013-12-31 | CN¥571.12 Million | +14.90% |
| 2012-12-31 | CN¥497.06 Million | +80.68% |
| 2011-12-31 | CN¥275.11 Million | -15.65% |
| 2010-12-31 | CN¥326.17 Million | -20.16% |
| 2009-12-31 | CN¥408.54 Million | -0.32% |
| 2008-12-31 | CN¥409.86 Million | -13.63% |
| 2007-12-31 | CN¥474.55 Million | -10.46% |
| 2006-12-31 | CN¥530.01 Million | -6.88% |
| 2005-12-31 | CN¥569.16 Million | -25.20% |
| 2004-12-31 | CN¥760.88 Million | -4.19% |
| 2003-12-31 | CN¥794.19 Million | +3.97% |
| 2002-12-31 | CN¥763.87 Million | +0.85% |
| 2001-12-31 | CN¥757.42 Million | -4.95% |
| 2000-12-31 | CN¥796.84 Million | +7.93% |
| 1999-12-31 | CN¥738.32 Million | +57.14% |
| 1998-12-31 | CN¥469.85 Million | +48.30% |
| 1997-12-31 | CN¥316.82 Million | +86.05% |
| 1996-12-31 | CN¥170.29 Million | +66.57% |
| 1995-12-31 | CN¥102.23 Million | +20.88% |
| 1994-12-31 | CN¥84.57 Million | +12.54% |
| 1993-12-31 | CN¥75.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shaanxi Ligeance Mineral 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 92725.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥873.10 Million | 867.86% |
| Other Components | CN¥2.80 Billion | 2783.92% |
| Total Equity | CN¥100.60 Million | 100.00% |
Shaanxi Ligeance Mineral Resources Co Ltd Competitors by Market Cap
The table below lists competitors of Shaanxi Ligeance Mineral Resources Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Intellect Design Arena Limited
NSE:INTELLECT
|
$576.73 Million |
|
SkyCity Entertainment Group Limited
PINK:SKYZF
|
$576.82 Million |
|
Vital Farms Inc
NASDAQ:VITL
|
$576.98 Million |
|
Fujian Yuanli Active Carbon Co Ltd
SHE:300174
|
$577.11 Million |
|
Maccura Biotechnology Co Ltd
SHE:300463
|
$576.46 Million |
|
Chang Wah Technology Co Ltd
TWO:6548
|
$576.20 Million |
|
Phreesia Inc
NYSE:PHR
|
$576.14 Million |
|
Janux Therapeutics Inc
NASDAQ:JANX
|
$576.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shaanxi Ligeance Mineral Resources Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 428,013,327 to 100,604,154, a change of -327,409,173 (-76.5%).
- Net loss of 261,915,591 reduced equity.
- Dividend payments of 117,511,208 reduced retained earnings.
- Other factors increased equity by 52,017,626.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-261.92 Million | -260.34% |
| Dividends Paid | CN¥117.51 Million | -116.81% |
| Other Changes | CN¥52.02 Million | +51.71% |
| Total Change | CN¥- | -76.50% |
Book Value vs Market Value Analysis
This analysis compares Shaanxi Ligeance Mineral 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: 88.70x
- 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 increased from 25.37x to 88.70x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.40 | CN¥10.22 | x |
| 1994-12-31 | CN¥0.45 | CN¥10.22 | x |
| 1995-12-31 | CN¥0.55 | CN¥10.22 | x |
| 1996-12-31 | CN¥0.91 | CN¥10.22 | x |
| 1997-12-31 | CN¥1.70 | CN¥10.22 | x |
| 1998-12-31 | CN¥2.43 | CN¥10.22 | x |
| 1999-12-31 | CN¥3.86 | CN¥10.22 | x |
| 2000-12-31 | CN¥4.10 | CN¥10.22 | x |
| 2001-12-31 | CN¥3.99 | CN¥10.22 | x |
| 2002-12-31 | CN¥4.04 | CN¥10.22 | x |
| 2003-12-31 | CN¥3.94 | CN¥10.22 | x |
| 2004-12-31 | CN¥3.95 | CN¥10.22 | x |
| 2005-12-31 | CN¥3.02 | CN¥10.22 | x |
| 2006-12-31 | CN¥2.85 | CN¥10.22 | x |
| 2007-12-31 | CN¥2.38 | CN¥10.22 | x |
| 2008-12-31 | CN¥2.05 | CN¥10.22 | x |
| 2009-12-31 | CN¥2.07 | CN¥10.22 | x |
| 2010-12-31 | CN¥1.93 | CN¥10.22 | x |
| 2011-12-31 | CN¥1.68 | CN¥10.22 | x |
| 2012-12-31 | CN¥1.03 | CN¥10.22 | x |
| 2013-12-31 | CN¥1.16 | CN¥10.22 | x |
| 2014-12-31 | CN¥2.63 | CN¥10.22 | x |
| 2015-12-31 | CN¥2.63 | CN¥10.22 | x |
| 2016-12-31 | CN¥2.55 | CN¥10.22 | x |
| 2017-12-31 | CN¥2.68 | CN¥10.22 | x |
| 2018-12-31 | CN¥5.32 | CN¥10.22 | x |
| 2019-12-31 | CN¥2.27 | CN¥10.22 | x |
| 2020-12-31 | CN¥1.53 | CN¥10.22 | x |
| 2021-12-31 | CN¥0.64 | CN¥10.22 | x |
| 2022-12-31 | CN¥-0.58 | CN¥10.22 | x |
| 2023-12-31 | CN¥0.64 | CN¥10.22 | x |
| 2024-12-31 | CN¥0.12 | CN¥10.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shaanxi Ligeance Mineral 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): -260.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.97%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 33.74x
- Recent ROE (-260.34%) is below the historical average (-15.69%), 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 | 6.84% | 13.99% | 0.26x | 1.91x | CN¥-2.37 Million |
| 1994 | 19.97% | 18.20% | 0.41x | 2.64x | CN¥8.43 Million |
| 1995 | 20.95% | 12.41% | 0.65x | 2.61x | CN¥11.20 Million |
| 1996 | 18.89% | 16.69% | 0.54x | 2.11x | CN¥15.13 Million |
| 1997 | 26.29% | 32.61% | 0.49x | 1.66x | CN¥51.60 Million |
| 1998 | 29.38% | 22.96% | 0.65x | 1.97x | CN¥87.80 Million |
| 1999 | 11.23% | 13.29% | 0.59x | 1.44x | CN¥8.85 Million |
| 2000 | 8.97% | 15.49% | 0.36x | 1.60x | CN¥-7.89 Million |
| 2001 | 1.11% | 1.74% | 0.45x | 1.42x | CN¥-66.20 Million |
| 2002 | 1.20% | 1.74% | 0.45x | 1.53x | CN¥-66.32 Million |
| 2003 | 1.18% | 1.28% | 0.52x | 1.78x | CN¥-64.77 Million |
| 2004 | 1.63% | 1.23% | 0.74x | 1.79x | CN¥-61.70 Million |
| 2005 | -28.91% | -16.09% | 0.87x | 2.07x | CN¥-219.11 Million |
| 2006 | 7.36% | 3.25% | 1.07x | 2.12x | CN¥-14.10 Million |
| 2007 | -13.18% | -5.69% | 1.03x | 2.24x | CN¥-103.04 Million |
| 2008 | -15.33% | -6.07% | 1.23x | 2.05x | CN¥-97.24 Million |
| 2009 | 2.63% | 1.37% | 0.92x | 2.09x | CN¥-28.64 Million |
| 2010 | -20.42% | -9.61% | 1.04x | 2.04x | CN¥-109.85 Million |
| 2011 | -15.13% | -6.49% | 1.18x | 1.97x | CN¥-78.84 Million |
| 2012 | 8.98% | 20.98% | 0.35x | 1.21x | CN¥-5.05 Million |
| 2013 | 11.42% | 28.23% | 0.31x | 1.30x | CN¥7.94 Million |
| 2014 | 5.80% | 33.83% | 0.15x | 1.11x | CN¥-59.77 Million |
| 2015 | 4.06% | 38.58% | 0.09x | 1.15x | CN¥-87.31 Million |
| 2016 | -2.67% | -300.61% | 0.01x | 1.15x | CN¥-180.48 Million |
| 2017 | 3.86% | 7.69% | 0.14x | 3.48x | CN¥-92.09 Million |
| 2018 | 0.80% | 1.53% | 0.31x | 1.70x | CN¥-282.55 Million |
| 2019 | -101.44% | -78.21% | 0.54x | 2.38x | CN¥-1.70 Billion |
| 2020 | -46.60% | -42.38% | 0.34x | 3.27x | CN¥-582.46 Million |
| 2021 | -129.44% | -56.25% | 0.30x | 7.57x | CN¥-597.52 Million |
| 2022 | 0.00% | -64.91% | 0.44x | 0.00x | CN¥-762.99 Million |
| 2023 | -61.13% | -17.26% | 0.40x | 8.88x | CN¥-304.46 Million |
| 2024 | -260.34% | -14.97% | 0.52x | 33.74x | CN¥-271.98 Million |
Industry Comparison
This section compares Shaanxi Ligeance Mineral Resources Co Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $2,106,129,691
- Average return on equity (ROE) among peers: 10.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shaanxi Ligeance Mineral Resources Co Ltd (000697) | CN¥-29.54 Million | 6.84% | N/A | $576.57 Million |
| Aecc Aero Engine Control Co Ltd (000738) | $5.67 Billion | 4.58% | 0.28x | $1.93 Billion |
| Zhejiang XiaSha Precision (001316) | $476.25 Million | 27.15% | 0.22x | $218.15 Million |
| Sichuan Haite High-tech Co Ltd (002023) | $175.19 Million | 19.07% | 0.67x | $850.82 Million |
| Aerospace CH UAV Co Ltd (002389) | $6.37 Billion | 3.80% | 0.25x | $1.81 Billion |
| Kuang Chi Technologies Co Ltd (002625) | $602.65 Million | 10.94% | 0.23x | $8.62 Billion |
| Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) | $1.43 Billion | -4.03% | 0.22x | $429.19 Million |
| Beijing Bei Mo Gao Ke Friction Mate (002985) | $910.30 Million | 16.48% | 0.19x | $833.21 Million |
| Shaanxi Zhongtian Rocket Technology (003009) | $421.86 Million | 7.68% | 1.25x | $416.06 Million |
| Bestway Marine & Energy Technology Co Ltd (300008) | $2.90 Billion | 5.59% | 0.31x | $1.63 Billion |