Jiangxi Ganfeng Lithium Co Ltd (002460) - Net Assets

Latest as of September 2025: CN¥46.74 Billion CNY ≈ $6.84 Billion USD

Based on the latest financial reports, Jiangxi Ganfeng Lithium Co Ltd (002460) has net assets worth CN¥46.74 Billion CNY (≈ $6.84 Billion 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¥110.20 Billion ≈ $16.13 Billion USD) and total liabilities (CN¥63.46 Billion ≈ $9.29 Billion 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 Jiangxi Ganfeng Lithium Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥46.74 Billion
% of Total Assets	42.41%
Annual Growth Rate	42.17%
5-Year Change	254.65%
10-Year Change	2426.99%
Growth Volatility	65.55

Jiangxi Ganfeng Lithium Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Jiangxi Ganfeng Lithium Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Jiangxi Ganfeng Lithium Co Ltd asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Jiangxi Ganfeng Lithium Co Ltd (2007–2024)

The table below shows the annual net assets of Jiangxi Ganfeng Lithium Co Ltd from 2007 to 2024. For live valuation and market cap data, see 002460 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥47.59 Billion ≈ $6.96 Billion	-9.04%
2023-12-31	CN¥52.32 Billion ≈ $7.66 Billion	+7.06%
2022-12-31	CN¥48.87 Billion ≈ $7.15 Billion	+86.75%
2021-12-31	CN¥26.17 Billion ≈ $3.83 Billion	+95.01%
2020-12-31	CN¥13.42 Billion ≈ $1.96 Billion	+59.55%
2019-12-31	CN¥8.41 Billion ≈ $1.23 Billion	+5.43%
2018-12-31	CN¥7.98 Billion ≈ $1.17 Billion	+97.30%
2017-12-31	CN¥4.04 Billion ≈ $591.64 Million	+62.34%
2016-12-31	CN¥2.49 Billion ≈ $364.44 Million	+32.25%
2015-12-31	CN¥1.88 Billion ≈ $275.57 Million	+35.70%
2014-12-31	CN¥1.39 Billion ≈ $203.08 Million	+3.51%
2013-12-31	CN¥1.34 Billion ≈ $196.19 Million	+65.40%
2012-12-31	CN¥810.61 Million ≈ $118.62 Million	+9.59%
2011-12-31	CN¥739.67 Million ≈ $108.24 Million	+2.94%
2010-12-31	CN¥718.58 Million ≈ $105.15 Million	+277.91%
2009-12-31	CN¥190.15 Million ≈ $27.82 Million	+19.25%
2008-12-31	CN¥159.45 Million ≈ $23.33 Million	+32.81%
2007-12-31	CN¥120.06 Million ≈ $17.57 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Jiangxi Ganfeng Lithium 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 214386.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥25.21 Billion	60.33%
Common Stock	CN¥2.02 Billion	4.83%
Other Comprehensive Income	CN¥5.69 Billion	13.61%
Other Components	CN¥8.87 Billion	21.23%
Total Equity	CN¥41.78 Billion	100.00%

Jiangxi Ganfeng Lithium Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangxi Ganfeng Lithium Co Ltd ranked by their market capitalization.

Company	Market Cap
First Solar Inc NASDAQ:FSLR	$20.97 Billion
VOLKSWAGEN AG VZ ADR1/10 F:VOWB	$20.97 Billion
AMADEUS IT GRP ADR EO-001 F:AI3B	$21.00 Billion
STERIS plc NYSE:STE	$21.03 Billion
China Merchants Energy Shipping Co Ltd SHG:601872	$20.80 Billion
Volkswagen AG VZO O.N. XETRA:VOW3	$20.79 Billion
Fubon Financial Holding Co Ltd Pref TW:2881A	$20.76 Billion
CIMB Group Holdings Bhd KLSE:1023	$20.76 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangxi Ganfeng Lithium Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 47,034,107,033 to 41,782,388,000, a change of -5,251,719,033 (-11.2%).
Net loss of 2,074,013,385 reduced equity.
Dividend payments of 1,609,866,000 reduced retained earnings.
Share repurchases of 210,699,000 reduced equity.
Other comprehensive income increased equity by 2,644,896,383.
Other factors decreased equity by 4,002,037,031.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-2.07 Billion	-4.96%
Dividends Paid	CN¥1.61 Billion	-3.85%
Share Repurchases	CN¥210.70 Million	-0.5%
Other Comprehensive Income	CN¥2.64 Billion	+6.33%
Other Changes	CN¥-4.00 Billion	-9.58%
Total Change	CN¥-	-11.17%

Book Value vs Market Value Analysis

This analysis compares Jiangxi Ganfeng Lithium 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: 4.27x
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 686.10x to 4.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	CN¥0.13	CN¥88.68	x
2008-12-31	CN¥0.17	CN¥88.68	x
2009-12-31	CN¥0.20	CN¥88.68	x
2010-12-31	CN¥0.68	CN¥88.68	x
2011-12-31	CN¥0.78	CN¥88.68	x
2012-12-31	CN¥0.87	CN¥88.68	x
2013-12-31	CN¥1.08	CN¥88.68	x
2014-12-31	CN¥1.34	CN¥88.68	x
2015-12-31	CN¥1.68	CN¥88.68	x
2016-12-31	CN¥2.24	CN¥88.68	x
2017-12-31	CN¥3.67	CN¥88.68	x
2018-12-31	CN¥7.12	CN¥88.68	x
2019-12-31	CN¥7.51	CN¥88.68	x
2020-12-31	CN¥5.90	CN¥88.68	x
2021-12-31	CN¥15.86	CN¥88.68	x
2022-12-31	CN¥21.85	CN¥88.68	x
2023-12-31	CN¥23.39	CN¥88.68	x
2024-12-31	CN¥20.75	CN¥88.68	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangxi Ganfeng Lithium 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): -4.96%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -10.97%
• Asset Turnover: 0.19x
• Equity Multiplier: 2.41x
Recent ROE (-4.96%) is below the historical average (15.00%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	25.18%	14.03%	1.05x	1.71x	CN¥17.80 Million
2008	24.64%	16.13%	0.82x	1.86x	CN¥23.13 Million
2009	17.81%	13.80%	0.82x	1.58x	CN¥14.85 Million
2010	5.97%	11.85%	0.46x	1.09x	CN¥-28.77 Million
2011	7.50%	11.43%	0.57x	1.15x	CN¥-18.12 Million
2012	8.64%	11.09%	0.60x	1.30x	CN¥-10.99 Million
2013	5.53%	10.80%	0.38x	1.34x	CN¥-59.98 Million
2014	6.18%	9.86%	0.44x	1.41x	CN¥-52.93 Million
2015	6.65%	9.24%	0.54x	1.34x	CN¥-63.10 Million
2016	18.66%	16.33%	0.75x	1.53x	CN¥215.54 Million
2017	36.39%	33.51%	0.55x	1.98x	CN¥1.07 Billion
2018	16.93%	26.81%	0.37x	1.71x	CN¥548.98 Million
2019	4.29%	6.70%	0.38x	1.70x	CN¥-477.45 Million
2020	9.57%	18.55%	0.25x	2.06x	CN¥-45.90 Million
2021	23.88%	46.84%	0.29x	1.78x	CN¥3.04 Billion
2022	46.55%	49.03%	0.53x	1.80x	CN¥16.10 Billion
2023	10.52%	15.00%	0.36x	1.95x	CN¥243.40 Million
2024	-4.96%	-10.97%	0.19x	2.41x	CN¥-6.25 Billion

Industry Comparison

This section compares Jiangxi Ganfeng Lithium Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

Industry: Chemicals
Average net assets among peers: $1,178,306,039
Average return on equity (ROE) among peers: 10.00%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Jiangxi Ganfeng Lithium Co Ltd (002460)	CN¥46.74 Billion	25.18%	1.36x	$20.94 Billion
North Huajin Chemical Industries Co Ltd (000059)	$1.81 Billion	5.56%	1.48x	$1.33 Billion
Sichuan Chemical Co Ltd (000155)	$505.75 Million	22.40%	1.18x	$4.71 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301)	$2.48 Billion	3.69%	0.56x	$12.84 Billion
Zangge Holding Co Ltd (000408)	$54.34 Million	16.98%	1.99x	$20.51 Billion
Sichuan Jinlu Group Co Ltd (000510)	$610.23 Million	-19.65%	0.75x	$1.34 Billion
Jilin Gpro Titanium Industry Co Ltd (000545)	$2.00 Billion	8.28%	0.37x	$436.10 Million
Aoyuan Beauty Valley Technology Co Ltd (000615)	$176.24 Million	15.53%	0.23x	$871.02 Million
Ningxia Younglight Chemicals Co Ltd (000635)	$768.33 Million	5.42%	4.18x	$470.62 Million
Maoming Petro-Chemical Shihua Co Ltd (000637)	$423.45 Million	10.96%	0.24x	$366.68 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683)	$2.95 Billion	30.81%	1.19x	$4.87 Billion

About Jiangxi Ganfeng Lithium Co Ltd

SHE:002460 China Chemicals

Market Cap

$20.94 Billion

CN¥143.09 Billion CNY

Market Cap Rank

#1226 Global

#101 in China

Share Price

CN¥88.68

Change (1 day)

+2.05%

52-Week Range

CN¥30.13 - CN¥88.68

All Time High

CN¥1826.94