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. Check 000697 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity 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. See 000697 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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 000697 market cap overview.

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	--

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
Trump Media & Technology Group Corp. NASDAQ:DJT	$2.35 Billion
Shanxi Meijin Energy Co Ltd SHE:000723	$2.35 Billion
WHA Corporation Public Company Limited BK:WHA-R	$2.35 Billion
WHA Corporation Public Company Limited BK:WHA	$2.35 Billion
Jiangsu Yunyi Electric SHE:300304	$2.35 Billion
Saigon Beer Alcohol Beverage Corp VN:SAB	$2.35 Billion
Shenzhen Lihexing Co. Ltd. SHE:301013	$2.35 Billion
10X Genomics Inc NASDAQ:TXG	$2.35 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: 3.49x
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 28.55x to 3.49x 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¥11.50	x
1994-12-31	CN¥0.45	CN¥11.50	x
1995-12-31	CN¥0.55	CN¥11.50	x
1996-12-31	CN¥0.91	CN¥11.50	x
1997-12-31	CN¥1.70	CN¥11.50	x
1998-12-31	CN¥2.43	CN¥11.50	x
1999-12-31	CN¥3.86	CN¥11.50	x
2000-12-31	CN¥4.10	CN¥11.50	x
2001-12-31	CN¥3.99	CN¥11.50	x
2002-12-31	CN¥4.04	CN¥11.50	x
2003-12-31	CN¥3.94	CN¥11.50	x
2004-12-31	CN¥3.95	CN¥11.50	x
2005-12-31	CN¥3.02	CN¥11.50	x
2006-12-31	CN¥2.85	CN¥11.50	x
2007-12-31	CN¥2.38	CN¥11.50	x
2008-12-31	CN¥2.05	CN¥11.50	x
2009-12-31	CN¥2.07	CN¥11.50	x
2010-12-31	CN¥1.93	CN¥11.50	x
2011-12-31	CN¥1.68	CN¥11.50	x
2012-12-31	CN¥1.03	CN¥11.50	x
2013-12-31	CN¥1.16	CN¥11.50	x
2014-12-31	CN¥2.63	CN¥11.50	x
2015-12-31	CN¥2.63	CN¥11.50	x
2016-12-31	CN¥2.55	CN¥11.50	x
2017-12-31	CN¥2.68	CN¥11.50	x
2018-12-31	CN¥5.32	CN¥11.50	x
2019-12-31	CN¥2.27	CN¥11.50	x
2020-12-31	CN¥1.53	CN¥11.50	x
2021-12-31	CN¥0.64	CN¥11.50	x
2022-12-31	CN¥-0.58	CN¥11.50	x
2023-12-31	CN¥0.64	CN¥11.50	x
2024-12-31	CN¥0.12	CN¥11.50	x
2025-12-31	CN¥3.29	CN¥11.50	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: $1,538,432,567
Average return on equity (ROE) among peers: 10.76%

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	$2.35 Billion
Aecc Aero Engine Control Co Ltd (000738)	$469.47 Million	0.73%	0.33x	$3.62 Billion
AVIC Aircraft Co Ltd (000768)	$719.41 Million	10.97%	0.30x	$8.38 Billion
Sichuan Haite High-tech Co Ltd (002023)	$1.05 Billion	7.70%	0.62x	$1.37 Billion
Aerospace CH UAV Co Ltd (002389)	$847.85 Million	11.95%	0.17x	$2.68 Billion
Kuang Chi Technologies Co Ltd (002625)	$7.59 Billion	0.93%	0.08x	$10.77 Billion
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933)	$680.95 Million	16.28%	0.10x	$501.94 Million
Chengdu Tianjian Technology Co Ltd (002977)	$376.04 Million	25.55%	0.52x	$430.82 Million
Beijing Bei Mo Gao Ke Friction Mate (002985)	$757.88 Million	13.66%	0.21x	$1.48 Billion
Shaanxi Zhongtian Rocket Technology (003009)	$1.35 Billion	9.08%	0.39x	$1.37 Billion

About Shaanxi Ligeance Mineral Resources Co Ltd

SHE:000697 China Aerospace & Defense

Market Cap

$2.35 Billion

CN¥16.06 Billion CNY

Market Cap Rank

#5786 Global

#1169 in China

Share Price

CN¥11.50

Change (1 day)

-2.87%

52-Week Range

CN¥7.09 - CN¥13.06

All Time High

CN¥30.13