Tibet Mineral Development Co Ltd
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.
| Company | Market Cap |
|---|---|
|
Pilgrims Pride Corp
NASDAQ:PPC
|
$1.57 Billion |
|
Apellis Pharmaceuticals Inc
NASDAQ:APLS
|
$1.57 Billion |
|
Feilong Auto Components Co Ltd
SHE:002536
|
$1.57 Billion |
|
Recordati Industria Chimica e Farmaceutica S.p.A.
PINK:RICFY
|
$1.57 Billion |
|
HAZAMA ANDO CORP.
F:2PW
|
$1.57 Billion |
|
Shaanxi Sirui Advanced Materials Co. Ltd. A
SHG:688102
|
$1.56 Billion |
|
Dgb Financial
KO:139130
|
$1.56 Billion |
|
GeneDx Holdings Corp.
NASDAQ:WGS
|
$1.56 Billion |
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 |