Shaanxi Ligeance Mineral Resources Co Ltd (000697) - Net Assets

Latest as of March 2026: CN¥3.37 Billion CNY ≈ $493.74 Million USD

Based on the latest financial reports, Shaanxi Ligeance Mineral Resources Co Ltd (000697) has net assets worth CN¥3.37 Billion CNY (≈ $493.74 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.54 Billion ≈ $664.03 Million USD) and total liabilities (CN¥1.16 Billion ≈ $170.29 Million USD). 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. Also explore Shaanxi Ligeance Mineral Resources Co Lt assets under control for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥3.37 Billion
% of Total Assets 74.36%
Annual Growth Rate 12.64%
5-Year Change 708.05%
10-Year Change 128.64%
Growth Volatility 657.26

Shaanxi Ligeance Mineral Resources Co Ltd - Net Assets Trend (1993–2025)

This chart illustrates how Shaanxi Ligeance Mineral Resources Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Shaanxi Ligeance Mineral Resources Co Lt (000697) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Shaanxi Ligeance Mineral Resources Co Ltd (1993–2025)

The table below shows the annual net assets of Shaanxi Ligeance Mineral Resources Co Ltd from 1993 to 2025. For live valuation and market cap data, see market cap of Shaanxi Ligeance Mineral Resources Co Lt.

Year Net Assets Change
2025-12-31 CN¥3.39 Billion
≈ $496.37 Million
+3709.37%
2024-12-31 CN¥89.05 Million
≈ $13.03 Million
-78.67%
2023-12-31 CN¥417.48 Million
≈ $61.09 Million
+204.10%
2022-12-31 CN¥-401.03 Million
≈ $-58.68 Million
-195.53%
2021-12-31 CN¥419.79 Million
≈ $61.43 Million
-58.70%
2020-12-31 CN¥1.02 Billion
≈ $148.74 Million
-32.92%
2019-12-31 CN¥1.52 Billion
≈ $221.74 Million
-50.68%
2018-12-31 CN¥3.07 Billion
≈ $449.57 Million
+97.65%
2017-12-31 CN¥1.55 Billion
≈ $227.46 Million
+4.77%
2016-12-31 CN¥1.48 Billion
≈ $217.10 Million
-2.04%
2015-12-31 CN¥1.51 Billion
≈ $221.61 Million
+6.27%
2014-12-31 CN¥1.43 Billion
≈ $208.53 Million
+149.52%
2013-12-31 CN¥571.12 Million
≈ $83.57 Million
+14.90%
2012-12-31 CN¥497.06 Million
≈ $72.74 Million
+80.68%
2011-12-31 CN¥275.11 Million
≈ $40.26 Million
-15.65%
2010-12-31 CN¥326.17 Million
≈ $47.73 Million
-20.16%
2009-12-31 CN¥408.54 Million
≈ $59.78 Million
-0.32%
2008-12-31 CN¥409.86 Million
≈ $59.98 Million
-13.63%
2007-12-31 CN¥474.55 Million
≈ $69.44 Million
-10.46%
2006-12-31 CN¥530.01 Million
≈ $77.56 Million
-6.88%
2005-12-31 CN¥569.16 Million
≈ $83.29 Million
-25.20%
2004-12-31 CN¥760.88 Million
≈ $111.34 Million
-4.19%
2003-12-31 CN¥794.19 Million
≈ $116.21 Million
+3.97%
2002-12-31 CN¥763.87 Million
≈ $111.78 Million
+0.85%
2001-12-31 CN¥757.42 Million
≈ $110.83 Million
-4.95%
2000-12-31 CN¥796.84 Million
≈ $116.60 Million
+7.93%
1999-12-31 CN¥738.32 Million
≈ $108.04 Million
+57.14%
1998-12-31 CN¥469.85 Million
≈ $68.75 Million
+48.30%
1997-12-31 CN¥316.82 Million
≈ $46.36 Million
+86.05%
1996-12-31 CN¥170.29 Million
≈ $24.92 Million
+66.57%
1995-12-31 CN¥102.23 Million
≈ $14.96 Million
+20.88%
1994-12-31 CN¥84.57 Million
≈ $12.38 Million
+12.54%
1993-12-31 CN¥75.15 Million
≈ $11.00 Million
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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 106154.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock CN¥1.40 Billion 41.75%
Other Comprehensive Income CN¥-216.03 Million -6.46%
Other Components CN¥6.25 Billion 187.06%
Total Equity CN¥3.34 Billion 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
Elvalhalcor Hellenic Copper and Aluminium Industry S.A
AT:ELHA
$1.71 Billion
Sonic Automotive Inc
NYSE:SAH
$1.71 Billion
Ivanhoe Electric Inc.
NYSE MKT:IE
$1.71 Billion
Agios Pharm
NASDAQ:AGIO
$1.71 Billion
Bio-Rad Laboratories Inc
NYSE:BIO-B
$1.71 Billion
Syndax Pharmaceuticals Inc
NASDAQ:SNDX
$1.70 Billion
TES Co. Ltd
KQ:095610
$1.70 Billion
SEPLAT ENERGY (DI) NA-50
F:134
$1.70 Billion

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 2024 to 2025, total equity changed from 100,604,154 to 3,343,787,447, a change of 3,243,183,293 (3223.7%).
  • Net loss of 518,017,174 reduced equity.
  • Dividend payments of 10,262,919 reduced retained earnings.
  • Other comprehensive income decreased equity by 216,027,558.
  • Other factors increased equity by 3,987,490,944.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥-518.02 Million -15.49%
Dividends Paid CN¥10.26 Million -0.31%
Other Comprehensive Income CN¥-216.03 Million -6.46%
Other Changes CN¥3.99 Billion +119.25%
Total Change CN¥- 3223.71%

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: 2.53x
  • 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 20.73x to 2.53x 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¥0.40 CN¥8.35 x
1994-12-31 CN¥0.45 CN¥8.35 x
1995-12-31 CN¥0.55 CN¥8.35 x
1996-12-31 CN¥0.91 CN¥8.35 x
1997-12-31 CN¥1.70 CN¥8.35 x
1998-12-31 CN¥2.43 CN¥8.35 x
1999-12-31 CN¥3.86 CN¥8.35 x
2000-12-31 CN¥4.10 CN¥8.35 x
2001-12-31 CN¥3.99 CN¥8.35 x
2002-12-31 CN¥4.04 CN¥8.35 x
2003-12-31 CN¥3.94 CN¥8.35 x
2004-12-31 CN¥3.95 CN¥8.35 x
2005-12-31 CN¥3.02 CN¥8.35 x
2006-12-31 CN¥2.85 CN¥8.35 x
2007-12-31 CN¥2.38 CN¥8.35 x
2008-12-31 CN¥2.05 CN¥8.35 x
2009-12-31 CN¥2.07 CN¥8.35 x
2010-12-31 CN¥1.93 CN¥8.35 x
2011-12-31 CN¥1.68 CN¥8.35 x
2012-12-31 CN¥1.03 CN¥8.35 x
2013-12-31 CN¥1.16 CN¥8.35 x
2014-12-31 CN¥2.63 CN¥8.35 x
2015-12-31 CN¥2.63 CN¥8.35 x
2016-12-31 CN¥2.55 CN¥8.35 x
2017-12-31 CN¥2.68 CN¥8.35 x
2018-12-31 CN¥5.32 CN¥8.35 x
2019-12-31 CN¥2.27 CN¥8.35 x
2020-12-31 CN¥1.53 CN¥8.35 x
2021-12-31 CN¥0.64 CN¥8.35 x
2022-12-31 CN¥-0.58 CN¥8.35 x
2023-12-31 CN¥0.64 CN¥8.35 x
2024-12-31 CN¥0.12 CN¥8.35 x
2025-12-31 CN¥3.29 CN¥8.35 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): -15.49%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -27.64%
  • • Asset Turnover: 0.41x
  • • Equity Multiplier: 1.38x
  • Recent ROE (-15.49%) is above the historical average (-15.68%), indicating improving 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
2025 -15.49% -27.64% 0.41x 1.38x CN¥-852.40 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: $2,089,219,228
  • Average return on equity (ROE) among peers: 8.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shaanxi Ligeance Mineral Resources Co Ltd (000697) CN¥3.37 Billion 6.84% 0.34x $1.71 Billion
Aecc Aero Engine Control Co Ltd (000738) $1.06 Billion 13.30% 0.99x $3.58 Billion
AVIC Aircraft Co Ltd (000768) $219.41 Million 18.14% 1.14x $8.69 Billion
Sichuan Haite High-tech Co Ltd (002023) $3.75 Billion 1.06% 0.21x $1.04 Billion
Aerospace CH UAV Co Ltd (002389) $1.46 Billion 4.45% 0.22x $2.68 Billion
Kuang Chi Technologies Co Ltd (002625) $8.23 Billion 4.58% 0.12x $9.77 Billion
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) $1.45 Billion 9.78% 0.07x $440.63 Million
Chengdu Tianjian Technology Co Ltd (002977) $1.09 Billion 1.47% 0.15x $375.45 Million
Beijing Bei Mo Gao Ke Friction Mate (002985) $1.13 Billion 18.87% 0.17x $1.28 Billion
Shaanxi Zhongtian Rocket Technology  (003009) $421.86 Million 7.68% 1.25x $1.08 Billion

About Shaanxi Ligeance Mineral Resources Co Ltd

SHE:000697 China Aerospace & Defense
Market Cap
$1.71 Billion
CN¥11.66 Billion CNY
Market Cap Rank
#6656 Global
#1347 in China
Share Price
CN¥8.35
Change (1 day)
+1.46%
52-Week Range
CN¥7.73 - CN¥13.06
All Time High
CN¥30.13
About

Ligeance Aerospace Technology Co.,Ltd. manufactures and sells aviation products in China and internationally. The company is involved in manufacturing, processing, assembly, and maintenance services for aerospace components. It also provides aircraft's wings, engine pylons, landing gear, and fuel pump housings, as well as wing spars, wing ribs, and wing surfaces, wing spars, ultra-large wing fram… Read more