Sichuan Tianqi Lithium Industries Inc (002466) - Net Assets
Based on the latest financial reports, Sichuan Tianqi Lithium Industries Inc (002466) has net assets worth CN¥51.40 Billion CNY (≈ $7.52 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¥73.96 Billion ≈ $10.82 Billion USD) and total liabilities (CN¥22.56 Billion ≈ $3.30 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. Also explore 002466 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥51.40 Billion |
| % of Total Assets | 69.5% |
| Annual Growth Rate | 39.15% |
| 5-Year Change | 561.72% |
| 10-Year Change | 1107.78% |
| Growth Volatility | 128.03 |
Sichuan Tianqi Lithium Industries Inc - Net Assets Trend (2007–2024)
This chart illustrates how Sichuan Tianqi Lithium Industries Inc's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see 002466 market cap.
Annual Net Assets for Sichuan Tianqi Lithium Industries Inc (2007–2024)
The table below shows the annual net assets of Sichuan Tianqi Lithium Industries Inc from 2007 to 2024. Explore Sichuan Tianqi Lithium Industries Inc operating cash flow efficiency to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥49.18 Billion ≈ $7.20 Billion |
-9.32% |
| 2023-12-31 | CN¥54.24 Billion ≈ $7.94 Billion |
+2.20% |
| 2022-12-31 | CN¥53.07 Billion ≈ $7.77 Billion |
+192.36% |
| 2021-12-31 | CN¥18.15 Billion ≈ $2.66 Billion |
+144.22% |
| 2020-12-31 | CN¥7.43 Billion ≈ $1.09 Billion |
-16.58% |
| 2019-12-31 | CN¥8.91 Billion ≈ $1.30 Billion |
-25.36% |
| 2018-12-31 | CN¥11.94 Billion ≈ $1.75 Billion |
+12.24% |
| 2017-12-31 | CN¥10.63 Billion ≈ $1.56 Billion |
+83.53% |
| 2016-12-31 | CN¥5.79 Billion ≈ $847.92 Million |
+42.30% |
| 2015-12-31 | CN¥4.07 Billion ≈ $595.88 Million |
-14.17% |
| 2014-12-31 | CN¥4.74 Billion ≈ $694.27 Million |
+448.18% |
| 2013-12-31 | CN¥865.49 Million ≈ $126.65 Million |
-14.42% |
| 2012-12-31 | CN¥1.01 Billion ≈ $147.98 Million |
+2.75% |
| 2011-12-31 | CN¥984.24 Million ≈ $144.03 Million |
+3.19% |
| 2010-12-31 | CN¥953.81 Million ≈ $139.57 Million |
+301.84% |
| 2009-12-31 | CN¥237.36 Million ≈ $34.73 Million |
-3.38% |
| 2008-12-31 | CN¥245.68 Million ≈ $35.95 Million |
+37.48% |
| 2007-12-31 | CN¥178.69 Million ≈ $26.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sichuan Tianqi Lithium Industries Inc'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 1306646.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥15.29 Billion | 36.51% |
| Common Stock | CN¥1.64 Billion | 3.92% |
| Other Comprehensive Income | CN¥1.47 Billion | 3.50% |
| Other Components | CN¥23.49 Billion | 56.07% |
| Total Equity | CN¥41.89 Billion | 100.00% |
Sichuan Tianqi Lithium Industries Inc Competitors by Market Cap
The table below lists competitors of Sichuan Tianqi Lithium Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viatris Inc
NASDAQ:VTRS
|
$17.32 Billion |
|
Twilio Inc
NYSE:TWLO
|
$17.34 Billion |
|
Banco Bradesco S.A.
SA:BBDC3
|
$17.38 Billion |
|
Hong Kong Land Holdings Ltd
LSE:HKLB
|
$17.39 Billion |
|
Grupo Carso S.A.B. de C.V
MX:GCARSOA1
|
$17.29 Billion |
|
Weyerhaeuser Company
NYSE:WY
|
$17.29 Billion |
|
Cemex SAB de CV ADR
NYSE:CX
|
$17.28 Billion |
|
STMicroelectronics N.V
F:SGMR
|
$17.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Tianqi Lithium Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,519,658,068 to 41,892,509,000, a change of -9,627,149,068 (-18.7%).
- Net loss of 7,904,580,287 reduced equity.
- Dividend payments of 2,934,238,000 reduced retained earnings.
- Other comprehensive income increased equity by 492,448,527.
- Other factors increased equity by 719,220,692.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-7.90 Billion | -18.87% |
| Dividends Paid | CN¥2.93 Billion | -7.0% |
| Other Comprehensive Income | CN¥492.45 Million | +1.18% |
| Other Changes | CN¥719.22 Million | +1.72% |
| Total Change | CN¥- | -18.69% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Tianqi Lithium Industries Inc'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: 3.13x
- 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 247.88x to 3.13x 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¥0.32 | CN¥80.03 | x |
| 2008-12-31 | CN¥0.43 | CN¥80.03 | x |
| 2009-12-31 | CN¥0.43 | CN¥80.03 | x |
| 2010-12-31 | CN¥1.55 | CN¥80.03 | x |
| 2011-12-31 | CN¥1.30 | CN¥80.03 | x |
| 2012-12-31 | CN¥1.34 | CN¥80.03 | x |
| 2013-12-31 | CN¥1.16 | CN¥80.03 | x |
| 2014-12-31 | CN¥2.42 | CN¥80.03 | x |
| 2015-12-31 | CN¥2.32 | CN¥80.03 | x |
| 2016-12-31 | CN¥3.46 | CN¥80.03 | x |
| 2017-12-31 | CN¥6.81 | CN¥80.03 | x |
| 2018-12-31 | CN¥8.85 | CN¥80.03 | x |
| 2019-12-31 | CN¥4.71 | CN¥80.03 | x |
| 2020-12-31 | CN¥3.52 | CN¥80.03 | x |
| 2021-12-31 | CN¥7.78 | CN¥80.03 | x |
| 2022-12-31 | CN¥29.58 | CN¥80.03 | x |
| 2023-12-31 | CN¥31.42 | CN¥80.03 | x |
| 2024-12-31 | CN¥25.54 | CN¥80.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Tianqi Lithium Industries Inc 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): -18.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -60.51%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.64x
- Recent ROE (-18.87%) is below the historical average (5.06%), 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 | 36.05% | 21.26% | 1.05x | 1.61x | CN¥46.79 Million |
| 2008 | 18.49% | 15.43% | 0.77x | 1.56x | CN¥20.17 Million |
| 2009 | 15.36% | 11.95% | 0.79x | 1.64x | CN¥12.73 Million |
| 2010 | 4.08% | 13.21% | 0.28x | 1.10x | CN¥-56.50 Million |
| 2011 | 4.09% | 9.99% | 0.36x | 1.14x | CN¥-58.20 Million |
| 2012 | 4.13% | 10.52% | 0.25x | 1.55x | CN¥-59.39 Million |
| 2013 | -22.07% | -17.89% | 0.64x | 1.94x | CN¥-277.60 Million |
| 2014 | 4.41% | 9.17% | 0.23x | 2.07x | CN¥-165.22 Million |
| 2015 | 8.07% | 13.28% | 0.25x | 2.45x | CN¥-59.38 Million |
| 2016 | 32.93% | 38.73% | 0.35x | 2.44x | CN¥1.05 Billion |
| 2017 | 23.65% | 39.22% | 0.31x | 1.97x | CN¥1.24 Billion |
| 2018 | 21.71% | 35.23% | 0.14x | 4.40x | CN¥1.19 Billion |
| 2019 | -85.93% | -123.61% | 0.10x | 6.69x | CN¥-6.68 Billion |
| 2020 | -35.22% | -56.61% | 0.08x | 8.07x | CN¥-2.35 Billion |
| 2021 | 16.29% | 27.13% | 0.17x | 3.46x | CN¥802.73 Million |
| 2022 | 49.75% | 59.64% | 0.57x | 1.46x | CN¥19.28 Billion |
| 2023 | 14.16% | 18.02% | 0.55x | 1.42x | CN¥2.15 Billion |
| 2024 | -18.87% | -60.51% | 0.19x | 1.64x | CN¥-12.09 Billion |
Industry Comparison
This section compares Sichuan Tianqi Lithium Industries Inc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $3,954,308,398
- Average return on equity (ROE) among peers: 6.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Tianqi Lithium Industries Inc (002466) | CN¥51.40 Billion | 36.05% | 0.44x | $17.30 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $577.65 Million | 10.01% | 0.83x | $499.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $319.75 Million | 4.75% | 1.24x | $9.30 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $858.23 Million | -17.85% | 1.07x | $741.46 Million |
| Luxi Chemical Group Co Ltd (000830) | $10.49 Billion | 18.58% | 1.65x | $4.75 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.20 Billion | 12.83% | 0.26x | $8.45 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.47 Billion | 1.25% | 0.42x | $1.19 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $2.94 Billion | 12.08% | 1.20x | $1.65 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $1.77 Billion | 9.55% | 0.33x | $582.05 Million |
| Zhejiang Transfar Co Ltd (002010) | $18.46 Billion | 4.04% | 1.23x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $457.55 Million | 6.71% | 0.32x | $605.40 Million |
About Sichuan Tianqi Lithium Industries Inc
Tianqi Lithium Corporation invests, produces, process, extracts, and sells lithium, lithium concentrate, and the lithium specialty compounds in Australia, Chile, and China. Its products include battery and industrial grade lithium carbonate, battery and industrial grade lithium hydroxide monohydrate, lithium chloride anhydrous, lithium metal, sodium sulfate, non-ferrous metal ash slag, aluminium … Read more