Tibet Mineral Development Co Ltd

SHE:000762 China Other Industrial Metals & Mining
Market Cap
$2.00 Billion
CN¥14.68 Billion CNY
Market Cap Rank
#5686 Global
#766 in China
Share Price
CN¥28.19
Change (1 day)
-3.33%
52-Week Range
CN¥18.05 - CN¥31.44
All Time High
CN¥83.50
About

Xizang Mineral Development Co. LTD engages in mining business. It explores for chromite, copper, lithium, and boron deposits. The company also offers lithium batteries that are used in information products, cameras, electric vehicles, and civil power peak-shaving power supplies. It serves atomic energy, aerospace, and metallurgical industries. The company was formerly known as Tibet Mineral Devel… Read more

Tibet Mineral Development Co Ltd (000762) - Net Assets

Latest net assets as of June 2025: CN¥3.83 Billion CNY

Based on the latest financial reports, Tibet Mineral Development Co Ltd (000762) has net assets worth CN¥3.83 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.42 Billion) and total liabilities (CN¥3.59 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¥3.83 Billion
% of Total Assets 51.65%
Annual Growth Rate 16.7%
5-Year Change 61.03%
10-Year Change 92.23%
Growth Volatility 61.13

Tibet Mineral Development Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Tibet Mineral 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 Mineral Development Co Ltd (1994–2024)

The table below shows the annual net assets of Tibet Mineral Development Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.89 Billion +2.26%
2023-12-31 CN¥3.80 Billion -6.47%
2022-12-31 CN¥4.06 Billion +56.40%
2021-12-31 CN¥2.60 Billion +7.64%
2020-12-31 CN¥2.41 Billion -2.00%
2019-12-31 CN¥2.46 Billion +2.66%
2018-12-31 CN¥2.40 Billion -7.59%
2017-12-31 CN¥2.60 Billion +3.46%
2016-12-31 CN¥2.51 Billion +24.11%
2015-12-31 CN¥2.02 Billion +1.74%
2014-12-31 CN¥1.99 Billion -5.62%
2013-12-31 CN¥2.10 Billion +1.17%
2012-12-31 CN¥2.08 Billion -8.97%
2011-12-31 CN¥2.29 Billion +172.79%
2010-12-31 CN¥837.78 Million +40.66%
2009-12-31 CN¥595.59 Million -5.83%
2008-12-31 CN¥632.49 Million +5.49%
2007-12-31 CN¥599.58 Million +9.85%
2006-12-31 CN¥545.80 Million +10.39%
2005-12-31 CN¥494.43 Million +7.32%
2004-12-31 CN¥460.70 Million +1.97%
2003-12-31 CN¥451.79 Million +0.13%
2002-12-31 CN¥451.19 Million -11.75%
2001-12-31 CN¥511.27 Million -2.63%
2000-12-31 CN¥525.07 Million +19.59%
1999-12-31 CN¥439.04 Million +4.39%
1998-12-31 CN¥420.58 Million +15.65%
1997-12-31 CN¥363.68 Million +278.49%
1996-12-31 CN¥96.09 Million +129.56%
1995-12-31 CN¥41.86 Million +10.91%
1994-12-31 CN¥37.74 Million --

Equity Component Analysis

This analysis shows how different components contribute to Tibet Mineral 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 grown by 36530.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥696.75 Million 23.44%
Common Stock CN¥521.17 Million 17.53%
Other Comprehensive Income CN¥211.20 Million 7.10%
Other Components CN¥1.54 Billion 51.93%
Total Equity CN¥2.97 Billion 100.00%

Tibet Mineral Development Co Ltd Competitors by Market Cap

The table below lists competitors of Tibet Mineral Development Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tibet Mineral Development Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,883,025,430 to 2,972,959,593, a change of 89,934,163 (3.1%).
  • Net income of 111,743,791 contributed positively to equity growth.
  • Dividend payments of 84,652,410 reduced retained earnings.
  • Other comprehensive income increased equity by 18,787,492.
  • Other factors increased equity by 44,055,290.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥111.74 Million +3.76%
Dividends Paid CN¥84.65 Million -2.85%
Other Comprehensive Income CN¥18.79 Million +0.63%
Other Changes CN¥44.06 Million +1.48%
Total Change CN¥- 3.12%

Book Value vs Market Value Analysis

This analysis compares Tibet Mineral 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: 5.05x
  • 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 308.83x to 5.05x 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¥0.09 CN¥28.19 x
1995-12-31 CN¥0.10 CN¥28.19 x
1996-12-31 CN¥0.23 CN¥28.19 x
1997-12-31 CN¥0.88 CN¥28.19 x
1998-12-31 CN¥0.98 CN¥28.19 x
1999-12-31 CN¥0.99 CN¥28.19 x
2000-12-31 CN¥1.20 CN¥28.19 x
2001-12-31 CN¥1.17 CN¥28.19 x
2002-12-31 CN¥1.02 CN¥28.19 x
2003-12-31 CN¥1.03 CN¥28.19 x
2004-12-31 CN¥1.07 CN¥28.19 x
2005-12-31 CN¥1.15 CN¥28.19 x
2006-12-31 CN¥1.25 CN¥28.19 x
2007-12-31 CN¥1.43 CN¥28.19 x
2008-12-31 CN¥1.47 CN¥28.19 x
2009-12-31 CN¥1.48 CN¥28.19 x
2010-12-31 CN¥1.67 CN¥28.19 x
2011-12-31 CN¥4.06 CN¥28.19 x
2012-12-31 CN¥3.58 CN¥28.19 x
2013-12-31 CN¥3.62 CN¥28.19 x
2014-12-31 CN¥3.40 CN¥28.19 x
2015-12-31 CN¥3.47 CN¥28.19 x
2016-12-31 CN¥4.16 CN¥28.19 x
2017-12-31 CN¥4.14 CN¥28.19 x
2018-12-31 CN¥3.79 CN¥28.19 x
2019-12-31 CN¥3.96 CN¥28.19 x
2020-12-31 CN¥3.87 CN¥28.19 x
2021-12-31 CN¥4.14 CN¥28.19 x
2022-12-31 CN¥5.68 CN¥28.19 x
2023-12-31 CN¥5.46 CN¥28.19 x
2024-12-31 CN¥5.59 CN¥28.19 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tibet Mineral 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): 3.76%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.96%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 2.50x
  • Recent ROE (3.76%) is below the historical average (5.69%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 19.43% 21.85% 0.39x 2.27x CN¥3.56 Million
1995 36.10% 24.67% 0.49x 2.97x CN¥10.93 Million
1996 36.21% 42.04% 0.47x 1.84x CN¥25.19 Million
1997 10.07% 29.36% 0.29x 1.18x CN¥257.91K
1998 8.60% 17.85% 0.36x 1.35x CN¥-5.67 Million
1999 6.43% 18.55% 0.22x 1.60x CN¥-14.65 Million
2000 0.20% 0.56% 0.24x 1.53x CN¥-48.59 Million
2001 1.07% 2.83% 0.25x 1.49x CN¥-43.25 Million
2002 -14.03% -36.98% 0.24x 1.55x CN¥-100.86 Million
2003 1.27% 2.24% 0.35x 1.61x CN¥-37.03 Million
2004 3.26% 4.68% 0.35x 1.97x CN¥-29.78 Million
2005 5.86% 8.88% 0.34x 1.94x CN¥-19.63 Million
2006 8.21% 13.59% 0.31x 1.93x CN¥-9.27 Million
2007 9.59% 13.47% 0.39x 1.82x CN¥-2.41 Million
2008 8.11% 9.86% 0.49x 1.68x CN¥-11.55 Million
2009 1.65% 3.45% 0.28x 1.73x CN¥-50.96 Million
2010 4.73% 6.95% 0.38x 1.77x CN¥-36.32 Million
2011 1.83% 6.17% 0.21x 1.41x CN¥-153.39 Million
2012 -7.47% -24.97% 0.20x 1.48x CN¥-297.98 Million
2013 0.84% 2.02% 0.28x 1.50x CN¥-158.11 Million
2014 -5.45% -17.16% 0.19x 1.64x CN¥-250.31 Million
2015 1.88% 3.41% 0.38x 1.46x CN¥-133.95 Million
2016 1.00% 3.06% 0.24x 1.38x CN¥-190.98 Million
2017 1.60% 5.17% 0.21x 1.44x CN¥-181.14 Million
2018 -9.16% -36.21% 0.18x 1.42x CN¥-378.54 Million
2019 4.10% 12.86% 0.23x 1.39x CN¥-121.58 Million
2020 -2.41% -12.67% 0.14x 1.35x CN¥-250.24 Million
2021 6.49% 21.76% 0.22x 1.33x CN¥-75.65 Million
2022 26.87% 36.00% 0.29x 2.54x CN¥499.37 Million
2023 5.68% 20.34% 0.10x 2.82x CN¥-124.49 Million
2024 3.76% 17.96% 0.08x 2.50x CN¥-185.55 Million

Industry Comparison

This section compares Tibet Mineral Development Co Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $4,212,046,185
  • Average return on equity (ROE) among peers: -2.99%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tibet Mineral Development Co Ltd (000762) CN¥3.83 Billion 19.43% 0.94x $1.57 Billion
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) $12.84 Billion 7.75% 0.90x $2.31 Billion
Shengda Mining Co Ltd (000603) $137.02 Million -70.66% 1.02x $2.08 Billion
Pangang Group Vanadium Titanium & Resources Co Ltd (000629) $8.87 Billion 10.35% 1.29x $2.61 Billion
China Tungsten and Hightech Materials Co Ltd (000657) $5.63 Billion 9.36% 0.74x $11.02 Billion
Guocheng Mining Co Ltd (000688) $1.04 Billion 2.34% 0.72x $1.64 Billion
Huludao Zinc Industry Co Ltd (000751) $-3.38 Billion 0.00% 0.00x $885.40 Million
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) $8.99 Billion 0.24% 1.46x $1.24 Billion
Innuovo Technology Co Ltd Class A (000795) $2.00 Billion 1.73% 0.26x $694.51 Million
Yunnan Tin Co Ltd (000960) $1.77 Billion 11.99% 1.41x $4.62 Billion