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

Latest as of September 2025: CN¥-29.54 Million CNY ≈ $-4.32 Million USD

Based on the latest financial reports, Shaanxi Ligeance Mineral Resources Co Ltd (000697) has net assets worth CN¥-29.54 Million CNY (≈ $-4.32 Million USD) 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 ≈ $573.57 Million USD) and total liabilities (CN¥3.95 Billion ≈ $577.90 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 financial resilience of Shaanxi Ligeance Mineral Resources Co Lt to evaluate the company's liquid asset resilience ratio.

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. Also explore 000697 current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 000697 market cap overview.

Year Net Assets Change
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 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
Loma Negra Compania Industrial Argentina SA ADR
NYSE:LOMA
 $1.30 Billion
NEXA RESOURCES S.A. DL 1
F:NE0
 $1.30 Billion
Ipsos SA
PA:IPS
 $1.30 Billion
Amprius Technologies Inc.
NYSE:AMPX
 $1.30 Billion
Arctech Solar Holding Co Ltd
SHG:688408
 $1.30 Billion
Indegene Ltd
NSE:INDGN
 $1.30 Billion
Cinda Real Estate Co Ltd
SHG:600657
 $1.30 Billion
Cibus Nordic Real Estate AB (publ)
ST:CIBUS
 $1.30 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 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: 88.26x
  • 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 25.25x to 88.26x 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¥10.17 x
1994-12-31 CN¥0.45 CN¥10.17 x
1995-12-31 CN¥0.55 CN¥10.17 x
1996-12-31 CN¥0.91 CN¥10.17 x
1997-12-31 CN¥1.70 CN¥10.17 x
1998-12-31 CN¥2.43 CN¥10.17 x
1999-12-31 CN¥3.86 CN¥10.17 x
2000-12-31 CN¥4.10 CN¥10.17 x
2001-12-31 CN¥3.99 CN¥10.17 x
2002-12-31 CN¥4.04 CN¥10.17 x
2003-12-31 CN¥3.94 CN¥10.17 x
2004-12-31 CN¥3.95 CN¥10.17 x
2005-12-31 CN¥3.02 CN¥10.17 x
2006-12-31 CN¥2.85 CN¥10.17 x
2007-12-31 CN¥2.38 CN¥10.17 x
2008-12-31 CN¥2.05 CN¥10.17 x
2009-12-31 CN¥2.07 CN¥10.17 x
2010-12-31 CN¥1.93 CN¥10.17 x
2011-12-31 CN¥1.68 CN¥10.17 x
2012-12-31 CN¥1.03 CN¥10.17 x
2013-12-31 CN¥1.16 CN¥10.17 x
2014-12-31 CN¥2.63 CN¥10.17 x
2015-12-31 CN¥2.63 CN¥10.17 x
2016-12-31 CN¥2.55 CN¥10.17 x
2017-12-31 CN¥2.68 CN¥10.17 x
2018-12-31 CN¥5.32 CN¥10.17 x
2019-12-31 CN¥2.27 CN¥10.17 x
2020-12-31 CN¥1.53 CN¥10.17 x
2021-12-31 CN¥0.64 CN¥10.17 x
2022-12-31 CN¥-0.58 CN¥10.17 x
2023-12-31 CN¥0.64 CN¥10.17 x
2024-12-31 CN¥0.12 CN¥10.17 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: $4,254,563,555
  • Average return on equity (ROE) among peers: 0.83%

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 $1.30 Billion
Aecc Aero Engine Control Co Ltd (000738) $431.62 Million -51.07% 1.07x $3.99 Billion
AVIC Aircraft Co Ltd (000768) $21.02 Billion 4.87% 2.51x $9.56 Billion
Sichuan Haite High-tech Co Ltd (002023) $133.27 Million 20.72% 0.75x $1.37 Billion
Aerospace CH UAV Co Ltd (002389) $3.39 Billion 2.95% 0.09x $3.17 Billion
Kuang Chi Technologies Co Ltd (002625) $8.23 Billion 4.58% 0.12x $12.35 Billion
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) $1.48 Billion 0.96% 0.66x $527.52 Million
Chengdu Tianjian Technology Co Ltd (002977) $1.07 Billion 6.83% 0.26x $476.52 Million
Beijing Bei Mo Gao Ke Friction Mate (002985) $910.30 Million 16.48% 0.19x $1.73 Billion
Shaanxi Zhongtian Rocket Technology  (003009) $1.63 Billion 1.20% 0.91x $1.37 Billion

About Shaanxi Ligeance Mineral Resources Co Ltd

SHE:000697 China Aerospace & Defense
Market Cap
$1.30 Billion
CN¥8.88 Billion CNY
Market Cap Rank
#7982 Global
#1995 in China
Share Price
CN¥10.17
Change (1 day)
+0.00%
52-Week Range
CN¥6.30 - CN¥10.84
All Time High
CN¥30.13
Categories
Companies in China Aerospace & Defense
About

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