Tibet GaoZheng Explosive Co Ltd (002827) - Net Assets
Based on the latest financial reports, Tibet GaoZheng Explosive Co Ltd (002827) has net assets worth CN¥4.16 Billion CNY (≈ $608.51 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.88 Billion ≈ $421.51 Million USD) and total liabilities (CN¥-1.28 Billion ≈ $-187.00 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 Tibet GaoZheng Explosive Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.16 Billion |
| % of Total Assets | 144.37% |
| Annual Growth Rate | 29.2% |
| 5-Year Change | 348.99% |
| 10-Year Change | 444.1% |
| Growth Volatility | 68.67 |
Tibet GaoZheng Explosive Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Tibet GaoZheng Explosive Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Tibet GaoZheng Explosive Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Tibet GaoZheng Explosive Co Ltd (2012–2025)
The table below shows the annual net assets of Tibet GaoZheng Explosive Co Ltd from 2012 to 2025. For live valuation and market cap data, see 002827 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.16 Billion ≈ $608.51 Million |
+250.53% |
| 2024-12-31 | CN¥1.19 Billion ≈ $173.60 Million |
+12.00% |
| 2023-12-31 | CN¥1.06 Billion ≈ $154.99 Million |
+6.26% |
| 2022-12-31 | CN¥996.75 Million ≈ $145.86 Million |
+7.62% |
| 2021-12-31 | CN¥926.17 Million ≈ $135.53 Million |
+2.66% |
| 2020-12-31 | CN¥902.16 Million ≈ $132.01 Million |
+2.33% |
| 2019-12-31 | CN¥881.59 Million ≈ $129.00 Million |
+7.29% |
| 2018-12-31 | CN¥821.68 Million ≈ $120.24 Million |
-0.68% |
| 2017-12-31 | CN¥827.28 Million ≈ $121.06 Million |
+8.24% |
| 2016-12-31 | CN¥764.28 Million ≈ $111.84 Million |
+122.48% |
| 2015-12-31 | CN¥343.53 Million ≈ $50.27 Million |
+15.34% |
| 2014-12-31 | CN¥297.84 Million ≈ $43.58 Million |
+36.89% |
| 2013-12-31 | CN¥217.57 Million ≈ $31.84 Million |
+46.19% |
| 2012-12-31 | CN¥148.83 Million ≈ $21.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tibet GaoZheng Explosive 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 367.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥400.32 Million | 31.33% |
| Other Comprehensive Income | CN¥1.01 Billion | 79.37% |
| Total Equity | CN¥1.28 Billion | 100.00% |
Tibet GaoZheng Explosive Co Ltd Competitors by Market Cap
The table below lists competitors of Tibet GaoZheng Explosive Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
$1.22 Billion |
|
Rush Enterprises B Inc
NASDAQ:RUSHB
|
$1.22 Billion |
|
Strait Innovation Internet Co Ltd
SHE:300300
|
$1.22 Billion |
|
Simply Good Foods Co
NASDAQ:SMPL
|
$1.22 Billion |
|
Tianjin Ringpu Bio Tech
SHE:300119
|
$1.22 Billion |
|
Power HF Co Ltd
SHG:605100
|
$1.22 Billion |
|
IRSA Inversiones y Representaciones SA
BA:IRSA
|
$1.22 Billion |
|
Monte Rosa Therapeutics Inc
NASDAQ:GLUE
|
$1.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tibet GaoZheng Explosive Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 925,966,017 to 1,277,948,694, a change of 351,982,677 (38.0%).
- Net income of 196,728,225 contributed positively to equity growth.
- Other comprehensive income increased equity by 921,786,663.
- Other factors decreased equity by 766,532,211.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥196.73 Million | +15.39% |
| Other Comprehensive Income | CN¥921.79 Million | +72.13% |
| Other Changes | CN¥-766.53 Million | -59.98% |
| Total Change | CN¥- | 38.01% |
Book Value vs Market Value Analysis
This analysis compares Tibet GaoZheng Explosive 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: 6.55x
- 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 42.64x to 6.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.71 | CN¥30.20 | x |
| 2013-12-31 | CN¥1.04 | CN¥30.20 | x |
| 2014-12-31 | CN¥1.37 | CN¥30.20 | x |
| 2015-12-31 | CN¥1.58 | CN¥30.20 | x |
| 2016-12-31 | CN¥3.62 | CN¥30.20 | x |
| 2017-12-31 | CN¥2.92 | CN¥30.20 | x |
| 2018-12-31 | CN¥2.91 | CN¥30.20 | x |
| 2019-12-31 | CN¥2.87 | CN¥30.20 | x |
| 2020-12-31 | CN¥2.69 | CN¥30.20 | x |
| 2021-12-31 | CN¥2.77 | CN¥30.20 | x |
| 2022-12-31 | CN¥2.74 | CN¥30.20 | x |
| 2023-12-31 | CN¥2.94 | CN¥30.20 | x |
| 2024-12-31 | CN¥3.37 | CN¥30.20 | x |
| 2025-12-31 | CN¥4.61 | CN¥30.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tibet GaoZheng Explosive 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): 15.39%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.78%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.25x
- Recent ROE (15.39%) is above the historical average (14.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 32.12% | 23.91% | 0.77x | 1.74x | CN¥32.14 Million |
| 2013 | 24.31% | 27.00% | 0.51x | 1.78x | CN¥30.62 Million |
| 2014 | 22.83% | 28.07% | 0.54x | 1.51x | CN¥36.12 Million |
| 2015 | 20.29% | 26.99% | 0.55x | 1.37x | CN¥33.61 Million |
| 2016 | 14.75% | 26.08% | 0.46x | 1.24x | CN¥35.53 Million |
| 2017 | 13.69% | 24.71% | 0.50x | 1.10x | CN¥29.97 Million |
| 2018 | 7.52% | 16.86% | 0.36x | 1.22x | CN¥-19.92 Million |
| 2019 | 3.13% | 6.60% | 0.30x | 1.60x | CN¥-52.58 Million |
| 2020 | 4.84% | 4.87% | 0.51x | 1.93x | CN¥-39.30 Million |
| 2021 | 6.87% | 5.64% | 0.58x | 2.10x | CN¥-24.01 Million |
| 2022 | 6.92% | 4.71% | 0.54x | 2.74x | CN¥-23.75 Million |
| 2023 | 11.92% | 6.30% | 0.59x | 3.20x | CN¥15.76 Million |
| 2024 | 16.00% | 8.76% | 0.66x | 2.78x | CN¥55.57 Million |
| 2025 | 15.39% | 10.78% | 0.63x | 2.25x | CN¥68.93 Million |
Industry Comparison
This section compares Tibet GaoZheng Explosive Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $4,145,101,575
- Average return on equity (ROE) among peers: 2.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tibet GaoZheng Explosive Co Ltd (002827) | CN¥4.16 Billion | 32.12% | -0.31x | $1.22 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $420.42 Million | 6.58% | 1.35x | $499.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $90.42 Million | 27.06% | 0.87x | $9.30 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.09 Billion | 0.96% | 1.41x | $741.46 Million |
| Luxi Chemical Group Co Ltd (000830) | $17.46 Billion | 18.08% | 0.97x | $4.75 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.74 Billion | 9.31% | 0.09x | $8.45 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.39 Billion | 0.45% | 0.38x | $1.19 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.57 Billion | -90.11% | 2.59x | $1.65 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $198.24 Million | 18.03% | 1.03x | $582.05 Million |
| Zhejiang Transfar Co Ltd (002010) | $16.39 Billion | 9.78% | 0.86x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $107.09 Million | 21.41% | 1.19x | $605.40 Million |
About Tibet GaoZheng Explosive Co Ltd
Xizang Gaozheng Civil Explosives Co., Ltd. produces and sells civil explosives and blasting products in China. The company offers powdered emulsion explosives and emulsion gel explosives, industrial explosives, electronic detonators, industrial fuse, industrial detonating cord, electronic detonator chip module, etc. It also engages in the transportation and distribution of civil explosives. In ad… Read more