Qinghai Salt Lake Industry Co.Ltd
Qinghai Salt Lake Industry Co.,Ltd, together with its subsidiaries, manufactures and sells potash fertilizers in China and internationally. It operates through four segments: Potassium Products, Lithium Products, Trading, and Other. The company offers chemical raw materials and chemical products; potassium chloride and other potassium products; lithium carbonate; and fertilizers. It also operates… Read more
Qinghai Salt Lake Industry Co.Ltd (000792) - Net Assets
Latest net assets as of September 2025: CN¥43.85 Billion CNY
Based on the latest financial reports, Qinghai Salt Lake Industry Co.Ltd (000792) has net assets worth CN¥43.85 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¥50.97 Billion) and total liabilities (CN¥7.12 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¥43.85 Billion |
| % of Total Assets | 86.03% |
| Annual Growth Rate | 20.89% |
| 5-Year Change | 651.92% |
| 10-Year Change | 61.72% |
| Growth Volatility | 69.59 |
Qinghai Salt Lake Industry Co.Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Qinghai Salt Lake Industry 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 Qinghai Salt Lake Industry Co.Ltd (1994–2024)
The table below shows the annual net assets of Qinghai Salt Lake Industry Co.Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥39.59 Billion | +14.13% |
| 2023-12-31 | CN¥34.69 Billion | +21.83% |
| 2022-12-31 | CN¥28.48 Billion | +144.42% |
| 2021-12-31 | CN¥11.65 Billion | +121.25% |
| 2020-12-31 | CN¥5.27 Billion | +118.11% |
| 2019-12-31 | CN¥-29.07 Billion | -254.72% |
| 2018-12-31 | CN¥18.79 Billion | -15.51% |
| 2017-12-31 | CN¥22.24 Billion | -15.68% |
| 2016-12-31 | CN¥26.37 Billion | +7.72% |
| 2015-12-31 | CN¥24.48 Billion | +26.98% |
| 2014-12-31 | CN¥19.28 Billion | +7.08% |
| 2013-12-31 | CN¥18.01 Billion | +1.79% |
| 2012-12-31 | CN¥17.69 Billion | +18.61% |
| 2011-12-31 | CN¥14.91 Billion | +151.64% |
| 2010-12-31 | CN¥5.93 Billion | +15.80% |
| 2009-12-31 | CN¥5.12 Billion | +1.20% |
| 2008-12-31 | CN¥5.06 Billion | +26.75% |
| 2007-12-31 | CN¥3.99 Billion | +18.80% |
| 2006-12-31 | CN¥3.36 Billion | +30.54% |
| 2005-12-31 | CN¥2.57 Billion | +21.63% |
| 2004-12-31 | CN¥2.11 Billion | +20.42% |
| 2003-12-31 | CN¥1.76 Billion | +58.13% |
| 2002-12-31 | CN¥1.11 Billion | +61.53% |
| 2001-12-31 | CN¥687.57 Million | +8.30% |
| 2000-12-31 | CN¥634.84 Million | +1.47% |
| 1999-12-31 | CN¥625.67 Million | +45.26% |
| 1998-12-31 | CN¥430.73 Million | +1.91% |
| 1997-12-31 | CN¥422.65 Million | +137.16% |
| 1996-12-31 | CN¥178.22 Million | +28.41% |
| 1995-12-31 | CN¥138.79 Million | +3.89% |
| 1994-12-31 | CN¥133.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qinghai Salt Lake Industry 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 1039845717300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥5.43 Billion | 14.85% |
| Other Comprehensive Income | CN¥2.36 Billion | 6.45% |
| Other Components | CN¥39.18 Billion | 107.13% |
| Total Equity | CN¥36.57 Billion | 100.00% |
Qinghai Salt Lake Industry Co.Ltd Competitors by Market Cap
The table below lists competitors of Qinghai Salt Lake Industry Co.Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Koninklijke KPN N.V
PINK:KKPNF
|
$16.81 Billion |
|
Fresenius SE & Co. KGaA
PINK:FSNUF
|
$16.86 Billion |
|
PTT Exploration & Production
PINK:PEXNY
|
$16.92 Billion |
|
Astellas Pharma Inc
PINK:ALPMF
|
$16.93 Billion |
|
PT Bank Rakyat Indonesia (Persero) Tbk
PINK:BKRKF
|
$16.78 Billion |
|
Samsung C&T Corp
KO:028260
|
$16.70 Billion |
|
BOC Hong Kong (Holdings) Limited
F:BOF
|
$16.66 Billion |
|
COREM PROPERTY GRP CL.D
F:BJV
|
$16.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qinghai Salt Lake Industry Co.Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,906,238,592 to 36,574,787,737, a change of 4,668,549,145 (14.6%).
- Net income of 4,663,116,535 contributed positively to equity growth.
- Dividend payments of 586,244,171 reduced retained earnings.
- Share repurchases of 5,000,000 reduced equity.
- Other comprehensive income increased equity by 4,602,185.
- Other factors increased equity by 592,074,596.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥4.66 Billion | +12.75% |
| Dividends Paid | CN¥586.24 Million | -1.6% |
| Share Repurchases | CN¥5.00 Million | -0.01% |
| Other Comprehensive Income | CN¥4.60 Million | +0.01% |
| Other Changes | CN¥592.07 Million | +1.62% |
| Total Change | CN¥- | 14.63% |
Book Value vs Market Value Analysis
This analysis compares Qinghai Salt Lake Industry 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: 5.40x
- 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 627.37x to 5.40x 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¥0.06 | CN¥37.33 | x |
| 1995-12-31 | CN¥0.06 | CN¥37.33 | x |
| 1996-12-31 | CN¥0.08 | CN¥37.33 | x |
| 1997-12-31 | CN¥0.19 | CN¥37.33 | x |
| 1998-12-31 | CN¥0.19 | CN¥37.33 | x |
| 1999-12-31 | CN¥0.28 | CN¥37.33 | x |
| 2000-12-31 | CN¥0.28 | CN¥37.33 | x |
| 2001-12-31 | CN¥0.30 | CN¥37.33 | x |
| 2002-12-31 | CN¥0.48 | CN¥37.33 | x |
| 2003-12-31 | CN¥0.52 | CN¥37.33 | x |
| 2004-12-31 | CN¥0.61 | CN¥37.33 | x |
| 2005-12-31 | CN¥0.73 | CN¥37.33 | x |
| 2006-12-31 | CN¥0.93 | CN¥37.33 | x |
| 2007-12-31 | CN¥1.07 | CN¥37.33 | x |
| 2008-12-31 | CN¥1.28 | CN¥37.33 | x |
| 2009-12-31 | CN¥1.35 | CN¥37.33 | x |
| 2010-12-31 | CN¥1.72 | CN¥37.33 | x |
| 2011-12-31 | CN¥3.38 | CN¥37.33 | x |
| 2012-12-31 | CN¥3.42 | CN¥37.33 | x |
| 2013-12-31 | CN¥3.53 | CN¥37.33 | x |
| 2014-12-31 | CN¥3.80 | CN¥37.33 | x |
| 2015-12-31 | CN¥4.92 | CN¥37.33 | x |
| 2016-12-31 | CN¥4.51 | CN¥37.33 | x |
| 2017-12-31 | CN¥3.72 | CN¥37.33 | x |
| 2018-12-31 | CN¥3.08 | CN¥37.33 | x |
| 2019-12-31 | CN¥-5.61 | CN¥37.33 | x |
| 2020-12-31 | CN¥0.99 | CN¥37.33 | x |
| 2021-12-31 | CN¥1.77 | CN¥37.33 | x |
| 2022-12-31 | CN¥4.74 | CN¥37.33 | x |
| 2023-12-31 | CN¥6.00 | CN¥37.33 | x |
| 2024-12-31 | CN¥6.91 | CN¥37.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qinghai Salt Lake Industry 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): 12.75%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.81%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.25x
- Recent ROE (12.75%) is below the historical average (19.53%), 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 | 29.79% | 26.48% | 0.44x | 2.58x | CN¥26.43 Million |
| 1995 | 24.98% | 27.63% | 0.35x | 2.61x | CN¥20.79 Million |
| 1996 | 21.63% | 29.28% | 0.28x | 2.66x | CN¥20.72 Million |
| 1997 | 11.02% | 28.93% | 0.24x | 1.61x | CN¥4.32 Million |
| 1998 | 11.06% | 26.27% | 0.25x | 1.71x | CN¥4.55 Million |
| 1999 | 10.13% | 29.17% | 0.26x | 1.35x | CN¥834.27K |
| 2000 | 10.65% | 29.72% | 0.26x | 1.39x | CN¥4.13 Million |
| 2001 | 12.20% | 27.62% | 0.29x | 1.54x | CN¥14.59 Million |
| 2002 | 8.59% | 21.11% | 0.31x | 1.33x | CN¥-15.16 Million |
| 2003 | 8.32% | 21.72% | 0.12x | 3.08x | CN¥-19.67 Million |
| 2004 | 21.62% | 24.34% | 0.30x | 2.94x | CN¥158.47 Million |
| 2005 | 31.28% | 32.55% | 0.34x | 2.80x | CN¥350.85 Million |
| 2006 | 39.07% | 31.27% | 0.45x | 2.75x | CN¥604.12 Million |
| 2007 | 41.24% | 31.85% | 0.46x | 2.82x | CN¥750.19 Million |
| 2008 | 47.12% | 33.27% | 0.51x | 2.79x | CN¥1.07 Billion |
| 2009 | 40.63% | 26.97% | 0.48x | 3.14x | CN¥927.09 Million |
| 2010 | 28.72% | 18.83% | 0.55x | 2.76x | CN¥722.21 Million |
| 2011 | 18.14% | 39.29% | 0.21x | 2.15x | CN¥1.11 Billion |
| 2012 | 15.85% | 30.52% | 0.19x | 2.66x | CN¥931.23 Million |
| 2013 | 6.41% | 13.00% | 0.15x | 3.28x | CN¥-588.84 Million |
| 2014 | 7.36% | 12.43% | 0.15x | 3.84x | CN¥-466.28 Million |
| 2015 | 2.44% | 5.14% | 0.13x | 3.52x | CN¥-1.73 Billion |
| 2016 | 1.39% | 3.29% | 0.12x | 3.38x | CN¥-2.11 Billion |
| 2017 | -20.55% | -35.55% | 0.14x | 4.07x | CN¥-6.18 Billion |
| 2018 | -20.62% | -19.27% | 0.24x | 4.49x | CN¥-5.12 Billion |
| 2019 | 0.00% | -257.16% | 0.79x | 0.00x | CN¥-42.81 Billion |
| 2020 | 49.51% | 14.57% | 0.70x | 4.88x | CN¥1.63 Billion |
| 2021 | 47.97% | 30.43% | 0.58x | 2.71x | CN¥3.54 Billion |
| 2022 | 61.81% | 50.65% | 0.73x | 1.67x | CN¥13.05 Billion |
| 2023 | 24.80% | 36.67% | 0.46x | 1.45x | CN¥4.72 Billion |
| 2024 | 12.75% | 30.81% | 0.33x | 1.25x | CN¥1.01 Billion |
Industry Comparison
This section compares Qinghai Salt Lake Industry Co.Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $1,484,108,302
- Average return on equity (ROE) among peers: 23.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qinghai Salt Lake Industry Co.Ltd (000792) | CN¥43.85 Billion | 29.79% | 0.16x | $16.80 Billion |
| Nanjing Red Sun Co Ltd (000525) | $3.56 Billion | 10.45% | 1.90x | $869.96 Million |
| ADAMA Ltd (000553) | $489.53 Million | 15.85% | 0.90x | $443.23 Million |
| Grand Industrial Holding Co Ltd (000626) | $377.84 Million | 8.82% | 3.63x | $231.55 Million |
| Sichuan Meifeng Chemical Industry Co Ltd (000731) | $1.81 Billion | 11.10% | 1.14x | $499.40 Million |
| Asia Potash International Investment Guangzhou Co Ltd (000893) | $144.66 Million | 30.88% | 2.19x | $4.75 Billion |
| Hubei Xinyangfeng Fertilizer Co Ltd (000902) | $452.01 Million | -10.57% | 1.67x | $1.47 Billion |
| Sichuan Lutianhua Co Ltd (000912) | $6.26 Billion | 5.87% | 0.66x | $848.59 Million |
| Guangxi Hechi Chemical Co Ltd (000953) | $23.30 Million | 126.44% | 34.10x | $229.11 Million |
| Norsyn Crop Technology Co. Ltd. A (001231) | $234.00 Million | 15.58% | 0.64x | $97.83 Million |