Xizang Haisco Pharmaceutical Group Co Ltd

SHE:002653 China Biotechnology
Market Cap
$7.74 Billion
CN¥56.80 Billion CNY
Market Cap Rank
#5157 Global
#626 in China
Share Price
CN¥50.72
Change (1 day)
+3.79%
52-Week Range
CN¥35.47 - CN¥61.47
All Time High
CN¥61.47
About

Haisco Pharmaceutical Group Co., Ltd. researches, develops, manufactures, and sells pharmaceutical products primarily in China. The company offers pharmaceutical products in the areas of anesthesia and analgesia, diabetes mellitus and complications, tumor, neuralgia, parenteral nutrition, cardio-cerebrovascular, digestive and respiratory, narcotic analgesics, endocrine system, enteral parenteral,… Read more

Xizang Haisco Pharmaceutical Group Co Ltd (002653) - Net Assets

Latest net assets as of September 2025: CN¥4.23 Billion CNY

Based on the latest financial reports, Xizang Haisco Pharmaceutical Group Co Ltd (002653) has net assets worth CN¥4.23 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¥7.21 Billion) and total liabilities (CN¥2.99 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¥4.23 Billion
% of Total Assets 58.57%
Annual Growth Rate 20.42%
5-Year Change 47.2%
10-Year Change 94.85%
Growth Volatility 63.17

Xizang Haisco Pharmaceutical Group Co Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Xizang Haisco Pharmaceutical Group 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 Xizang Haisco Pharmaceutical Group Co Ltd (2008–2024)

The table below shows the annual net assets of Xizang Haisco Pharmaceutical Group Co Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.20 Billion +0.76%
2023-12-31 CN¥4.17 Billion +33.10%
2022-12-31 CN¥3.13 Billion +7.30%
2021-12-31 CN¥2.92 Billion +2.29%
2020-12-31 CN¥2.85 Billion +20.12%
2019-12-31 CN¥2.38 Billion +19.17%
2018-12-31 CN¥1.99 Billion +1.22%
2017-12-31 CN¥1.97 Billion -12.99%
2016-12-31 CN¥2.26 Billion +5.01%
2015-12-31 CN¥2.16 Billion +2.34%
2014-12-31 CN¥2.11 Billion +9.36%
2013-12-31 CN¥1.93 Billion +12.83%
2012-12-31 CN¥1.71 Billion +122.44%
2011-12-31 CN¥767.76 Million +69.45%
2010-12-31 CN¥453.09 Million +235.19%
2009-12-31 CN¥135.17 Million -37.12%
2008-12-31 CN¥214.95 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xizang Haisco Pharmaceutical Group 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 809.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.76 Billion 41.69%
Common Stock CN¥1.12 Billion 26.58%
Other Comprehensive Income CN¥492.94 Million 11.70%
Other Components CN¥843.75 Million 20.03%
Total Equity CN¥4.21 Billion 100.00%

Xizang Haisco Pharmaceutical Group Co Ltd Competitors by Market Cap

The table below lists competitors of Xizang Haisco Pharmaceutical Group Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xizang Haisco Pharmaceutical Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,179,894,703 to 4,213,333,603, a change of 33,438,900 (0.8%).
  • Net income of 395,455,242 contributed positively to equity growth.
  • Dividend payments of 422,042,298 reduced retained earnings.
  • Other comprehensive income increased equity by 49,029,819.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥395.46 Million +9.39%
Dividends Paid CN¥422.04 Million -10.02%
Other Comprehensive Income CN¥49.03 Million +1.16%
Other Changes CN¥11.00 Million +0.26%
Total Change CN¥- 0.80%

Book Value vs Market Value Analysis

This analysis compares Xizang Haisco Pharmaceutical Group 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: 13.48x
  • 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 214.29x to 13.48x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 CN¥0.24 CN¥50.72 x
2009-12-31 CN¥0.15 CN¥50.72 x
2010-12-31 CN¥0.48 CN¥50.72 x
2011-12-31 CN¥0.79 CN¥50.72 x
2012-12-31 CN¥1.58 CN¥50.72 x
2013-12-31 CN¥1.78 CN¥50.72 x
2014-12-31 CN¥1.96 CN¥50.72 x
2015-12-31 CN¥2.03 CN¥50.72 x
2016-12-31 CN¥2.10 CN¥50.72 x
2017-12-31 CN¥1.84 CN¥50.72 x
2018-12-31 CN¥1.89 CN¥50.72 x
2019-12-31 CN¥2.22 CN¥50.72 x
2020-12-31 CN¥2.71 CN¥50.72 x
2021-12-31 CN¥2.64 CN¥50.72 x
2022-12-31 CN¥2.82 CN¥50.72 x
2023-12-31 CN¥3.82 CN¥50.72 x
2024-12-31 CN¥3.76 CN¥50.72 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xizang Haisco Pharmaceutical Group 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): 9.39%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.63%
  • • Asset Turnover: 0.55x
  • • Equity Multiplier: 1.61x
  • Recent ROE (9.39%) is below the historical average (36.99%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 90.76% 54.99% 1.00x 1.65x CN¥173.59 Million
2009 209.89% 58.55% 1.39x 2.58x CN¥270.20 Million
2010 67.48% 52.57% 0.92x 1.39x CN¥260.44 Million
2011 40.68% 51.67% 0.68x 1.15x CN¥235.52 Million
2012 25.94% 55.24% 0.41x 1.14x CN¥272.28 Million
2013 26.95% 52.32% 0.40x 1.28x CN¥326.52 Million
2014 21.38% 37.22% 0.42x 1.36x CN¥239.80 Million
2015 17.26% 30.69% 0.38x 1.50x CN¥156.50 Million
2016 19.55% 30.84% 0.39x 1.64x CN¥216.32 Million
2017 11.96% 12.80% 0.45x 2.07x CN¥38.99 Million
2018 16.44% 9.72% 0.78x 2.15x CN¥130.56 Million
2019 20.83% 12.54% 0.78x 2.12x CN¥256.76 Million
2020 21.93% 19.12% 0.67x 1.72x CN¥346.38 Million
2021 12.14% 12.44% 0.55x 1.76x CN¥60.87 Million
2022 9.13% 9.19% 0.50x 1.99x CN¥-26.50 Million
2023 7.06% 8.80% 0.50x 1.59x CN¥-122.88 Million
2024 9.39% 10.63% 0.55x 1.61x CN¥-25.88 Million

Industry Comparison

This section compares Xizang Haisco Pharmaceutical Group Co Ltd's net assets metrics with peer companies in the Biotechnology industry.

Industry Context

  • Industry: Biotechnology
  • Average net assets among peers: $1,043,310,248
  • Average return on equity (ROE) among peers: 14.20%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xizang Haisco Pharmaceutical Group Co Ltd (002653) CN¥4.23 Billion 90.76% 0.71x $1.88 Billion
Shenzhen CAU Technology Co Ltd (000004) $124.02 Million 4.50% 1.13x $80.66 Million
Pacific Shuanglin Bio pharmacy Co Ltd (000403) $525.49 Million 14.76% 1.41x $1.02 Billion
Nanhua Bio Medicine Co Ltd (000504) $174.34 Million 36.11% 1.61x $288.51 Million
Jiangsu Sihuan Bioengineering Co Ltd (000518) $642.80 Million -4.58% 0.44x $244.62 Million
Chengzhi Shareholding Co Ltd (000990) $1.69 Billion 3.06% 0.97x $850.04 Million
Hualan Biological EngineeringInc (002007) $1.86 Billion 32.78% 0.08x $2.00 Billion
Da An Gene Co Ltd of Sun Yat-Sen University (002030) $2.09 Billion 4.42% 0.71x $784.18 Million
Shanghai RAAS Blood Products Co Ltd Class A (002252) $831.21 Million 22.32% 0.12x $3.76 Billion
Baolingbao Biology Co Ltd (002286) $2.04 Billion 5.44% 0.31x $398.99 Million
Tibet Cheezheng Tibetan Medicine Co Ltd (002287) $456.61 Million 23.20% 0.29x $347.95 Million