Tibet Galaxy Science & Technology Development Co Ltd
Tibet Development Co., Ltd. engages in the production and sale of beer in China. It offers bottled and canned beer under the Lhasa brand name. Tibet Development Co., Ltd. was formerly known as Tibet Galaxy Science & Technology Development Co., Ltd. and changed its name to Tibet Development Co., Ltd. in November 2020. Tibet Development Co., Ltd. was founded in 1997 and is headquartered in Chengdu,… Read more
Tibet Galaxy Science & Technology Development Co Ltd (000752) - Net Assets
Latest net assets as of September 2025: CN¥1.17 Billion CNY
Based on the latest financial reports, Tibet Galaxy Science & Technology Development Co Ltd (000752) has net assets worth CN¥1.17 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¥1.41 Billion) and total liabilities (CN¥234.68 Million). 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¥1.17 Billion |
| % of Total Assets | 83.33% |
| Annual Growth Rate | 13.78% |
| 5-Year Change | 74.43% |
| 10-Year Change | -49.4% |
| Growth Volatility | 54.86 |
Tibet Galaxy Science & Technology Development Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Tibet Galaxy Science & Technology Development 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 Tibet Galaxy Science & Technology Development Co Ltd (1994–2024)
The table below shows the annual net assets of Tibet Galaxy Science & Technology Development Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥627.22 Million | +14.01% |
| 2023-12-31 | CN¥550.13 Million | +88.57% |
| 2022-12-31 | CN¥291.74 Million | -20.77% |
| 2021-12-31 | CN¥368.22 Million | +2.40% |
| 2020-12-31 | CN¥359.58 Million | +14.29% |
| 2019-12-31 | CN¥314.63 Million | -49.62% |
| 2018-12-31 | CN¥624.50 Million | -43.49% |
| 2017-12-31 | CN¥1.11 Billion | -12.71% |
| 2016-12-31 | CN¥1.27 Billion | +2.15% |
| 2015-12-31 | CN¥1.24 Billion | +4.56% |
| 2014-12-31 | CN¥1.19 Billion | +5.13% |
| 2013-12-31 | CN¥1.13 Billion | +13.88% |
| 2012-12-31 | CN¥990.10 Million | +3.01% |
| 2011-12-31 | CN¥961.13 Million | +8.94% |
| 2010-12-31 | CN¥882.24 Million | +3.94% |
| 2009-12-31 | CN¥848.78 Million | +7.71% |
| 2008-12-31 | CN¥788.04 Million | +7.07% |
| 2007-12-31 | CN¥736.02 Million | -1.73% |
| 2006-12-31 | CN¥748.97 Million | +5.12% |
| 2005-12-31 | CN¥712.52 Million | +8.42% |
| 2004-12-31 | CN¥657.17 Million | +56.73% |
| 2003-12-31 | CN¥419.31 Million | +8.48% |
| 2002-12-31 | CN¥386.52 Million | -13.51% |
| 2001-12-31 | CN¥446.92 Million | +35.81% |
| 2000-12-31 | CN¥329.08 Million | +39.87% |
| 1999-12-31 | CN¥235.27 Million | +25.53% |
| 1998-12-31 | CN¥187.43 Million | +16.51% |
| 1997-12-31 | CN¥160.87 Million | +111.48% |
| 1996-12-31 | CN¥76.07 Million | +260.11% |
| 1995-12-31 | CN¥21.12 Million | +62.16% |
| 1994-12-31 | CN¥13.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tibet Galaxy Science & Technology Development 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 40901456300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥263.76 Million | 191.39% |
| Other Components | CN¥283.07 Million | 205.40% |
| Total Equity | CN¥137.81 Million | 100.00% |
Tibet Galaxy Science & Technology Development Co Ltd Competitors by Market Cap
The table below lists competitors of Tibet Galaxy Science & Technology Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yuanta Sec Kor
KO:003470
|
$301.53 Million |
|
Symtek Automation Asia Co Ltd
TW:6438
|
$301.54 Million |
|
Suzhou YourBest New-type Materials Co.Ltd.
SHE:301266
|
$301.62 Million |
|
Xiamen Sunrise Wheel Group Co Ltd
SHE:002593
|
$301.71 Million |
|
AGORA INC. SP.ADS/4 CL.A
F:9AG1
|
$301.36 Million |
|
The Hackett Group Inc
NASDAQ:HCKT
|
$301.29 Million |
|
Infinity Capital Investments S.A.
RO:INFINITY
|
$301.18 Million |
|
Happy Forgings Limited
NSE:HAPPYFORGE
|
$301.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tibet Galaxy Science & Technology Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 111,613,159 to 137,809,442, a change of 26,196,283 (23.5%).
- Net income of 26,196,282 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥26.20 Million | +19.01% |
| Other Changes | CN¥1.00 | +0.0% |
| Total Change | CN¥- | 23.47% |
Book Value vs Market Value Analysis
This analysis compares Tibet Galaxy Science & Technology Development 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: 19.77x
- 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 209.34x to 19.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.05 | CN¥10.33 | x |
| 1995-12-31 | CN¥0.08 | CN¥10.33 | x |
| 1996-12-31 | CN¥0.29 | CN¥10.33 | x |
| 1997-12-31 | CN¥0.61 | CN¥10.33 | x |
| 1998-12-31 | CN¥0.71 | CN¥10.33 | x |
| 1999-12-31 | CN¥0.88 | CN¥10.33 | x |
| 2000-12-31 | CN¥1.23 | CN¥10.33 | x |
| 2001-12-31 | CN¥1.33 | CN¥10.33 | x |
| 2002-12-31 | CN¥1.45 | CN¥10.33 | x |
| 2003-12-31 | CN¥1.57 | CN¥10.33 | x |
| 2004-12-31 | CN¥1.71 | CN¥10.33 | x |
| 2005-12-31 | CN¥1.81 | CN¥10.33 | x |
| 2006-12-31 | CN¥1.85 | CN¥10.33 | x |
| 2007-12-31 | CN¥1.91 | CN¥10.33 | x |
| 2008-12-31 | CN¥1.99 | CN¥10.33 | x |
| 2009-12-31 | CN¥2.08 | CN¥10.33 | x |
| 2010-12-31 | CN¥2.22 | CN¥10.33 | x |
| 2011-12-31 | CN¥2.35 | CN¥10.33 | x |
| 2012-12-31 | CN¥2.41 | CN¥10.33 | x |
| 2013-12-31 | CN¥2.89 | CN¥10.33 | x |
| 2014-12-31 | CN¥2.94 | CN¥10.33 | x |
| 2015-12-31 | CN¥2.99 | CN¥10.33 | x |
| 2016-12-31 | CN¥2.97 | CN¥10.33 | x |
| 2017-12-31 | CN¥2.99 | CN¥10.33 | x |
| 2018-12-31 | CN¥1.42 | CN¥10.33 | x |
| 2019-12-31 | CN¥0.13 | CN¥10.33 | x |
| 2020-12-31 | CN¥0.19 | CN¥10.33 | x |
| 2021-12-31 | CN¥0.13 | CN¥10.33 | x |
| 2022-12-31 | CN¥-0.20 | CN¥10.33 | x |
| 2023-12-31 | CN¥0.42 | CN¥10.33 | x |
| 2024-12-31 | CN¥0.52 | CN¥10.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tibet Galaxy Science & Technology Development 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): 19.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.22%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 7.26x
- Recent ROE (19.01%) is above the historical average (-25.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 11.54% | 16.86% | 0.24x | 2.91x | CN¥201.23K |
| 1995 | 13.85% | 24.68% | 0.22x | 2.54x | CN¥814.09K |
| 1996 | 20.01% | 93.67% | 0.14x | 1.53x | CN¥7.62 Million |
| 1997 | 11.63% | 37.12% | 0.25x | 1.26x | CN¥2.63 Million |
| 1998 | 14.17% | 50.18% | 0.18x | 1.58x | CN¥7.82 Million |
| 1999 | 20.74% | 40.49% | 0.31x | 1.68x | CN¥24.98 Million |
| 2000 | 8.53% | 25.22% | 0.22x | 1.52x | CN¥-4.78 Million |
| 2001 | 9.02% | 23.48% | 0.18x | 2.15x | CN¥-3.44 Million |
| 2002 | 9.57% | 22.84% | 0.24x | 1.72x | CN¥-1.65 Million |
| 2003 | 9.16% | 23.45% | 0.24x | 1.61x | CN¥-3.48 Million |
| 2004 | 7.81% | 18.97% | 0.22x | 1.89x | CN¥-9.89 Million |
| 2005 | 5.33% | 11.22% | 0.24x | 1.96x | CN¥-22.28 Million |
| 2006 | 2.72% | 6.97% | 0.18x | 2.13x | CN¥-35.58 Million |
| 2007 | 2.92% | 6.01% | 0.26x | 1.86x | CN¥-35.65 Million |
| 2008 | 4.05% | 7.53% | 0.26x | 2.05x | CN¥-31.23 Million |
| 2009 | 5.18% | 7.81% | 0.31x | 2.13x | CN¥-26.39 Million |
| 2010 | 2.58% | 3.64% | 0.35x | 2.04x | CN¥-43.34 Million |
| 2011 | 6.04% | 8.48% | 0.39x | 1.80x | CN¥-24.53 Million |
| 2012 | 3.51% | 4.70% | 0.41x | 1.81x | CN¥-41.27 Million |
| 2013 | 16.99% | 28.81% | 0.33x | 1.77x | CN¥53.35 Million |
| 2014 | 3.31% | 6.44% | 0.29x | 1.78x | CN¥-51.88 Million |
| 2015 | 2.08% | 4.21% | 0.27x | 1.80x | CN¥-62.51 Million |
| 2016 | 1.02% | 2.23% | 0.26x | 1.79x | CN¥-70.47 Million |
| 2017 | 1.21% | 2.63% | 0.24x | 1.90x | CN¥-69.35 Million |
| 2018 | -110.12% | -127.50% | 0.28x | 3.05x | CN¥-449.38 Million |
| 2019 | -858.12% | -95.70% | 0.35x | 25.44x | CN¥-308.22 Million |
| 2020 | 28.36% | 3.47% | 0.44x | 18.48x | CN¥9.10 Million |
| 2021 | -40.85% | -3.66% | 0.43x | 25.84x | CN¥-17.89 Million |
| 2022 | 0.00% | -28.50% | 0.32x | 0.00x | CN¥-73.69 Million |
| 2023 | -23.09% | -7.65% | 0.36x | 8.30x | CN¥-36.93 Million |
| 2024 | 19.01% | 6.22% | 0.42x | 7.26x | CN¥12.42 Million |
Industry Comparison
This section compares Tibet Galaxy Science & Technology Development Co Ltd's net assets metrics with peer companies in the Beverages - Brewers industry.
Industry Context
- Industry: Beverages - Brewers
- Average net assets among peers: $2,065,661,737
- Average return on equity (ROE) among peers: 6.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tibet Galaxy Science & Technology Development Co Ltd (000752) | CN¥1.17 Billion | 11.54% | 0.20x | $301.39 Million |
| Beijing Yanjing Brewery Co Ltd (000729) | $8.64 Billion | 7.26% | 0.37x | $2.02 Billion |
| Lanzhou Huanghe Enterprise Co Ltd (000929) | $783.02 Million | 3.88% | 0.55x | $176.68 Million |
| Gansu Huangtai Wine-marketing Industry Co. Ltd. (000995) | $346.16 Million | 2.57% | 0.52x | $297.38 Million |
| GDH Supertime Group Co. Ltd. A (001338) | $3.37 Billion | 5.15% | 0.34x | $441.60 Million |
| Guangzhou Zhujiang Brewery Co Ltd (002461) | $1.70 Billion | 10.11% | 1.04x | $469.85 Million |
| Chongqing Brewery Co Ltd (600132) | $740.04 Million | 8.91% | 1.56x | $1.51 Billion |
| Hainan Yedao Group Co Ltd (600238) | $562.11 Million | 4.32% | 1.10x | $134.63 Million |
| FuJian YanJing HuiQuan Brewery Co Ltd (600573) | $1.13 Billion | 4.67% | 0.12x | $212.28 Million |
| Sichuan Swellfun Co Ltd (600779) | $1.31 Billion | 15.33% | 0.73x | $853.07 Million |