Guangdong Xianglu Tungsten Co Ltd
Guangdong Xianglu Tungsten Co., Ltd. develops, produces, and sells tungsten products in China. It offers tungsten carbide powder and concentrate, ammonium paratungstate, cement carbide, tungsten powder and trioxide, and blue tungsten oxide products, as well as carbide alloy products. The company also exports its products. Guangdong Xianglu Tungsten Co., Ltd. was founded in 1997 and is based in Ch… Read more
Guangdong Xianglu Tungsten Co Ltd (002842) - Net Assets
Latest net assets as of September 2025: CN¥1.12 Billion CNY
Based on the latest financial reports, Guangdong Xianglu Tungsten Co Ltd (002842) has net assets worth CN¥1.12 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¥2.32 Billion) and total liabilities (CN¥1.21 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¥1.12 Billion |
| % of Total Assets | 48.09% |
| Annual Growth Rate | 13.37% |
| 5-Year Change | -22.52% |
| 10-Year Change | 83.79% |
| Growth Volatility | 31.68 |
Guangdong Xianglu Tungsten Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Guangdong Xianglu Tungsten 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 Guangdong Xianglu Tungsten Co Ltd (2011–2024)
The table below shows the annual net assets of Guangdong Xianglu Tungsten Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥764.57 Million | -7.18% |
| 2023-12-31 | CN¥823.68 Million | -13.89% |
| 2022-12-31 | CN¥956.51 Million | -5.51% |
| 2021-12-31 | CN¥1.01 Billion | +2.59% |
| 2020-12-31 | CN¥986.76 Million | +0.67% |
| 2019-12-31 | CN¥980.20 Million | +2.33% |
| 2018-12-31 | CN¥957.87 Million | +11.06% |
| 2017-12-31 | CN¥862.45 Million | +85.14% |
| 2016-12-31 | CN¥465.83 Million | +11.98% |
| 2015-12-31 | CN¥416.00 Million | +15.73% |
| 2014-12-31 | CN¥359.46 Million | +9.27% |
| 2013-12-31 | CN¥328.96 Million | +14.95% |
| 2012-12-31 | CN¥286.19 Million | +91.45% |
| 2011-12-31 | CN¥149.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Xianglu Tungsten 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 74.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥98.48 Million | 12.88% |
| Common Stock | CN¥278.62 Million | 36.44% |
| Other Comprehensive Income | CN¥157.58 Million | 20.61% |
| Other Components | CN¥229.90 Million | 30.07% |
| Total Equity | CN¥764.57 Million | 100.00% |
Guangdong Xianglu Tungsten Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Xianglu Tungsten Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XiAn Shaangu Power Co Ltd
SHG:601369
|
$1.00 Billion |
|
Taiwan Hon Chuan Enterprise Co Ltd
TW:9939
|
$1.00 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
$1.00 Billion |
|
Nippon Shokubai Co. Ltd
PINK:NSHKF
|
$1.00 Billion |
|
RF Capital Group Inc
PINK:GMPFF
|
$1.00 Billion |
|
Suzhou Secote Precision Electronic Co Ltd Class A
SHG:603283
|
$1.00 Billion |
|
SAGILITY INDIA LIMITED
NSE:SAGILITY
|
$1.00 Billion |
|
Delek Logistics Partners LP
NYSE:DKL
|
$1.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Xianglu Tungsten Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 823,676,156 to 764,574,904, a change of -59,101,252 (-7.2%).
- Net loss of 89,502,661 reduced equity.
- Dividend payments of 33,299,564 reduced retained earnings.
- Share repurchases of 7,268,460 reduced equity.
- Other comprehensive income increased equity by 66,622,489.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-89.50 Million | -11.71% |
| Dividends Paid | CN¥33.30 Million | -4.36% |
| Share Repurchases | CN¥7.27 Million | -0.95% |
| Other Comprehensive Income | CN¥66.62 Million | +8.71% |
| Other Changes | CN¥4.35 Million | +0.57% |
| Total Change | CN¥- | -7.18% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Xianglu Tungsten 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: 12.36x
- 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 46.00x to 12.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.73 | CN¥33.79 | x |
| 2012-12-31 | CN¥1.41 | CN¥33.79 | x |
| 2013-12-31 | CN¥1.62 | CN¥33.79 | x |
| 2014-12-31 | CN¥1.77 | CN¥33.79 | x |
| 2015-12-31 | CN¥2.05 | CN¥33.79 | x |
| 2016-12-31 | CN¥2.28 | CN¥33.79 | x |
| 2017-12-31 | CN¥2.87 | CN¥33.79 | x |
| 2018-12-31 | CN¥3.12 | CN¥33.79 | x |
| 2019-12-31 | CN¥3.51 | CN¥33.79 | x |
| 2020-12-31 | CN¥3.61 | CN¥33.79 | x |
| 2021-12-31 | CN¥3.68 | CN¥33.79 | x |
| 2022-12-31 | CN¥3.48 | CN¥33.79 | x |
| 2023-12-31 | CN¥3.00 | CN¥33.79 | x |
| 2024-12-31 | CN¥2.73 | CN¥33.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Xianglu Tungsten 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): -11.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.12%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.70x
- Recent ROE (-11.71%) is below the historical average (7.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 27.21% | 7.91% | 1.32x | 2.60x | CN¥25.73 Million |
| 2012 | 17.52% | 8.38% | 1.23x | 1.71x | CN¥21.51 Million |
| 2013 | 16.38% | 7.70% | 1.22x | 1.74x | CN¥20.98 Million |
| 2014 | 15.61% | 7.58% | 1.19x | 1.73x | CN¥20.17 Million |
| 2015 | 12.54% | 7.16% | 1.07x | 1.64x | CN¥10.55 Million |
| 2016 | 12.26% | 7.99% | 0.97x | 1.58x | CN¥10.53 Million |
| 2017 | 8.92% | 7.06% | 0.64x | 1.97x | CN¥-8.38 Million |
| 2018 | 12.51% | 6.36% | 0.84x | 2.35x | CN¥21.39 Million |
| 2019 | 6.92% | 4.51% | 0.65x | 2.36x | CN¥-29.72 Million |
| 2020 | 4.21% | 3.22% | 0.53x | 2.45x | CN¥-57.09 Million |
| 2021 | 2.44% | 1.62% | 0.63x | 2.40x | CN¥-76.48 Million |
| 2022 | -4.31% | -2.47% | 0.75x | 2.33x | CN¥-136.91 Million |
| 2023 | -15.68% | -7.18% | 0.85x | 2.57x | CN¥-211.49 Million |
| 2024 | -11.71% | -5.12% | 0.85x | 2.70x | CN¥-165.96 Million |
Industry Comparison
This section compares Guangdong Xianglu Tungsten 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: $4,050,550,397
- Average return on equity (ROE) among peers: -2.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Xianglu Tungsten Co Ltd (002842) | CN¥1.12 Billion | 27.21% | 1.08x | $1.00 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $12.84 Billion | 7.75% | 0.90x | $2.31 Billion |
| Shengda Mining Co Ltd (000603) | $137.02 Million | -70.66% | 1.02x | $2.08 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $8.87 Billion | 10.35% | 1.29x | $2.61 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $5.63 Billion | 9.36% | 0.74x | $11.02 Billion |
| Guocheng Mining Co Ltd (000688) | $1.04 Billion | 2.34% | 0.72x | $1.64 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $-3.38 Billion | 0.00% | 0.00x | $885.40 Million |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $8.99 Billion | 0.24% | 1.46x | $1.24 Billion |
| Tibet Mineral Development Co Ltd (000762) | $2.60 Billion | 5.40% | 0.11x | $1.57 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $2.00 Billion | 1.73% | 0.26x | $694.51 Million |
| Yunnan Tin Co Ltd (000960) | $1.77 Billion | 11.99% | 1.41x | $4.62 Billion |