Ningxia Orient Tantalum Industry Co Ltd (000962) - Net Assets

Latest as of September 2025: CN¥2.77 Billion CNY ≈ $404.82 Million USD

Based on the latest financial reports, Ningxia Orient Tantalum Industry Co Ltd (000962) has net assets worth CN¥2.77 Billion CNY (≈ $404.82 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¥3.58 Billion ≈ $523.95 Million USD) and total liabilities (CN¥814.10 Million ≈ $119.13 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 asset resilience ratio of Ningxia Orient Tantalum Industry Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.77 Billion
% of Total Assets	77.26%
Annual Growth Rate	12.77%
5-Year Change	114.81%
10-Year Change	79.12%
Growth Volatility	92.77

Ningxia Orient Tantalum Industry Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Ningxia Orient Tantalum Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Ningxia Orient Tantalum Industry Co Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Ningxia Orient Tantalum Industry Co Ltd (1996–2024)

The table below shows the annual net assets of Ningxia Orient Tantalum Industry Co Ltd from 1996 to 2024. For live valuation and market cap data, see Ningxia Orient Tantalum Industry Co Ltd (000962) market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥2.61 Billion ≈ $381.50 Million	+8.21%
2023-12-31	CN¥2.41 Billion ≈ $352.55 Million	+59.95%
2022-12-31	CN¥1.51 Billion ≈ $220.41 Million	+16.24%
2021-12-31	CN¥1.30 Billion ≈ $189.61 Million	+6.76%
2020-12-31	CN¥1.21 Billion ≈ $177.60 Million	+3.66%
2019-12-31	CN¥1.17 Billion ≈ $171.33 Million	+3.30%
2018-12-31	CN¥1.13 Billion ≈ $165.86 Million	+2.15%
2017-12-31	CN¥1.11 Billion ≈ $162.36 Million	-25.47%
2016-12-31	CN¥1.49 Billion ≈ $217.85 Million	+2.29%
2015-12-31	CN¥1.46 Billion ≈ $212.98 Million	-30.28%
2014-12-31	CN¥2.09 Billion ≈ $305.47 Million	-14.34%
2013-12-31	CN¥2.44 Billion ≈ $356.59 Million	-0.52%
2012-12-31	CN¥2.45 Billion ≈ $358.43 Million	+3.07%
2011-12-31	CN¥2.38 Billion ≈ $347.75 Million	+87.06%
2010-12-31	CN¥1.27 Billion ≈ $185.90 Million	+5.65%
2009-12-31	CN¥1.20 Billion ≈ $175.95 Million	-6.15%
2008-12-31	CN¥1.28 Billion ≈ $187.48 Million	+3.63%
2007-12-31	CN¥1.24 Billion ≈ $180.91 Million	+5.09%
2006-12-31	CN¥1.18 Billion ≈ $172.16 Million	+1.64%
2005-12-31	CN¥1.16 Billion ≈ $169.38 Million	+4.10%
2004-12-31	CN¥1.11 Billion ≈ $162.70 Million	+2.44%
2003-12-31	CN¥1.09 Billion ≈ $158.82 Million	+1.69%
2002-12-31	CN¥1.07 Billion ≈ $156.18 Million	+1.55%
2001-12-31	CN¥1.05 Billion ≈ $153.79 Million	+18.47%
2000-12-31	CN¥887.11 Million ≈ $129.81 Million	+14.87%
1999-12-31	CN¥772.25 Million ≈ $113.00 Million	+493.53%
1998-12-31	CN¥130.11 Million ≈ $19.04 Million	+37.09%
1997-12-31	CN¥94.91 Million ≈ $13.89 Million	+5.29%
1996-12-31	CN¥90.14 Million ≈ $13.19 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ningxia Orient Tantalum 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 grown by 7976107100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥79.76 Million	3.08%
Common Stock	CN¥504.97 Million	19.48%
Other Comprehensive Income	CN¥2.50 Million	0.10%
Other Components	CN¥2.01 Billion	77.35%
Total Equity	CN¥2.59 Billion	100.00%

Ningxia Orient Tantalum Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Ningxia Orient Tantalum Industry Co Ltd ranked by their market capitalization.

Company	Market Cap
Towne Bank NASDAQ:TOWN	$3.24 Billion
Navan, Inc. Class A Common Stock NASDAQ:NAVN	$3.24 Billion
Global Health Limited NSE:MEDANTA	$3.25 Billion
Legend Biotech Corp NASDAQ:LEGN	$3.25 Billion
Xenon Pharmaceuticals Inc NASDAQ:XENE	$3.24 Billion
Edgewise Therapeutics Inc NASDAQ:EWTX	$3.24 Billion
TORM plc CO:TRMD-A	$3.24 Billion
Nien Made Enterprise Co Ltd TW:8464	$3.24 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ningxia Orient Tantalum Industry Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,396,247,599 to 2,592,739,304, a change of 196,491,705 (8.2%).
Net income of 213,223,444 contributed positively to equity growth.
Dividend payments of 27,773,254 reduced retained earnings.
Share repurchases of 1,193,400 reduced equity.
Other comprehensive income increased equity by 362,562.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥213.22 Million	+8.22%
Dividends Paid	CN¥27.77 Million	-1.07%
Share Repurchases	CN¥1.19 Million	-0.05%
Other Comprehensive Income	CN¥362.56K	+0.01%
Other Changes	CN¥11.87 Million	+0.46%
Total Change	CN¥-	8.20%

Book Value vs Market Value Analysis

This analysis compares Ningxia Orient Tantalum 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: 8.46x
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 189.29x to 8.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1996-12-31	CN¥0.23	CN¥43.87	x
1997-12-31	CN¥0.24	CN¥43.87	x
1998-12-31	CN¥0.33	CN¥43.87	x
1999-12-31	CN¥1.99	CN¥43.87	x
2000-12-31	CN¥2.28	CN¥43.87	x
2001-12-31	CN¥2.70	CN¥43.87	x
2002-12-31	CN¥2.74	CN¥43.87	x
2003-12-31	CN¥2.79	CN¥43.87	x
2004-12-31	CN¥2.86	CN¥43.87	x
2005-12-31	CN¥2.89	CN¥43.87	x
2006-12-31	CN¥2.95	CN¥43.87	x
2007-12-31	CN¥3.10	CN¥43.87	x
2008-12-31	CN¥3.20	CN¥43.87	x
2009-12-31	CN¥3.07	CN¥43.87	x
2010-12-31	CN¥3.54	CN¥43.87	x
2011-12-31	CN¥6.51	CN¥43.87	x
2012-12-31	CN¥5.55	CN¥43.87	x
2013-12-31	CN¥5.50	CN¥43.87	x
2014-12-31	CN¥4.73	CN¥43.87	x
2015-12-31	CN¥3.29	CN¥43.87	x
2016-12-31	CN¥3.37	CN¥43.87	x
2017-12-31	CN¥2.51	CN¥43.87	x
2018-12-31	CN¥2.56	CN¥43.87	x
2019-12-31	CN¥2.64	CN¥43.87	x
2020-12-31	CN¥2.74	CN¥43.87	x
2021-12-31	CN¥2.92	CN¥43.87	x
2022-12-31	CN¥3.39	CN¥43.87	x
2023-12-31	CN¥5.23	CN¥43.87	x
2024-12-31	CN¥5.18	CN¥43.87	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ningxia Orient Tantalum 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): 8.22%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 16.65%
• Asset Turnover: 0.42x
• Equity Multiplier: 1.18x
Recent ROE (8.22%) is above the historical average (4.30%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1996	20.20%	13.78%	0.57x	2.56x	CN¥9.20 Million
1997	29.97%	10.98%	0.84x	3.27x	CN¥18.95 Million
1998	33.31%	12.00%	0.90x	3.10x	CN¥30.33 Million
1999	6.89%	9.75%	0.47x	1.50x	CN¥-23.99 Million
2000	17.13%	14.28%	0.74x	1.63x	CN¥63.23 Million
2001	16.97%	14.56%	0.78x	1.49x	CN¥73.30 Million
2002	1.43%	3.65%	0.28x	1.40x	CN¥-91.44 Million
2003	1.60%	3.91%	0.34x	1.22x	CN¥-91.14 Million
2004	3.59%	6.87%	0.43x	1.22x	CN¥-71.24 Million
2005	3.35%	6.32%	0.42x	1.26x	CN¥-74.83 Million
2006	3.85%	5.65%	0.57x	1.20x	CN¥-70.58 Million
2007	6.05%	7.97%	0.56x	1.35x	CN¥-47.72 Million
2008	4.72%	5.15%	0.52x	1.76x	CN¥-65.71 Million
2009	3.15%	3.16%	0.41x	2.42x	CN¥-81.67 Million
2010	6.52%	5.02%	0.46x	2.80x	CN¥-43.95 Million
2011	9.98%	10.16%	0.51x	1.93x	CN¥-501.08K
2012	4.26%	4.63%	0.49x	1.89x	CN¥-140.45 Million
2013	0.15%	0.12%	0.61x	1.95x	CN¥-239.85 Million
2014	-16.15%	-13.73%	0.60x	1.97x	CN¥-545.13 Million
2015	-43.89%	-58.94%	0.34x	2.18x	CN¥-782.30 Million
2016	1.95%	3.33%	0.31x	1.90x	CN¥-119.47 Million
2017	-34.38%	-40.21%	0.46x	1.85x	CN¥-490.57 Million
2018	2.65%	2.73%	0.61x	1.60x	CN¥-83.02 Million
2019	3.53%	6.85%	0.37x	1.41x	CN¥-75.40 Million
2020	4.08%	7.29%	0.45x	1.26x	CN¥-71.54 Million
2021	6.27%	10.17%	0.49x	1.27x	CN¥-48.04 Million
2022	11.40%	17.29%	0.49x	1.34x	CN¥20.99 Million
2023	7.81%	16.89%	0.39x	1.18x	CN¥-52.50 Million
2024	8.22%	16.65%	0.42x	1.18x	CN¥-46.05 Million

Industry Comparison

This section compares Ningxia Orient Tantalum Industry 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: $4,199,174,310
Average return on equity (ROE) among peers: -4.01%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ningxia Orient Tantalum Industry Co Ltd (000962)	CN¥2.77 Billion	20.20%	0.29x	$3.24 Billion
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060)	$10.72 Billion	8.58%	0.82x	$4.18 Billion
Inner Mongolia Xingye Mining Co Ltd (000426)	$1.33 Billion	1.42%	1.40x	$11.01 Billion
Shengda Mining Co Ltd (000603)	$3.91 Billion	3.79%	0.68x	$3.68 Billion
Pangang Group Vanadium Titanium & Resources Co Ltd (000629)	$8.87 Billion	10.35%	1.29x	$4.95 Billion
China Tungsten and Hightech Materials Co Ltd (000657)	$3.87 Billion	3.20%	0.89x	$19.40 Billion
Guocheng Mining Co Ltd (000688)	$1.10 Billion	0.92%	1.62x	$8.93 Billion
Huludao Zinc Industry Co Ltd (000751)	$3.00 Billion	2.20%	1.74x	$1.44 Billion
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758)	$8.46 Billion	0.49%	1.25x	$2.04 Billion
Tibet Mineral Development Co Ltd (000762)	$525.07 Million	0.19%	0.44x	$2.95 Billion
Innuovo Technology Co Ltd Class A (000795)	$222.51 Million	-71.28%	5.89x	$1.53 Billion

About Ningxia Orient Tantalum Industry Co Ltd

SHE:000962 China Other Industrial Metals & Mining

Market Cap

$3.24 Billion

CN¥22.15 Billion CNY

Market Cap Rank

#4702 Global

#866 in China

Share Price

CN¥43.87

Change (1 day)

-1.17%

52-Week Range

CN¥15.35 - CN¥58.81

All Time High

CN¥58.81