Ganzhou Tengyuan Cobalt New Material Co. Ltd. (301219) - Net Assets
Based on the latest financial reports, Ganzhou Tengyuan Cobalt New Material Co. Ltd. (301219) has net assets worth CN¥9.10 Billion CNY (≈ $1.33 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.98 Billion ≈ $1.75 Billion USD) and total liabilities (CN¥2.88 Billion ≈ $421.36 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. See 301219 equity to assets ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.10 Billion |
| % of Total Assets | 75.96% |
| Annual Growth Rate | 45.8% |
| 5-Year Change | 300.04% |
| 10-Year Change | N/A |
| Growth Volatility | 56.05 |
Ganzhou Tengyuan Cobalt New Material Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Ganzhou Tengyuan Cobalt New Material Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Ganzhou Tengyuan Cobalt New Material Co..
Annual Net Assets for Ganzhou Tengyuan Cobalt New Material Co. Ltd. (2019–2024)
The table below shows the annual net assets of Ganzhou Tengyuan Cobalt New Material Co. Ltd. from 2019 to 2024. Also explore how fast is Ganzhou Tengyuan Cobalt New Material Co. growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.80 Billion ≈ $1.29 Billion |
+3.30% |
| 2023-12-31 | CN¥8.52 Billion ≈ $1.25 Billion |
+0.55% |
| 2022-12-31 | CN¥8.47 Billion ≈ $1.24 Billion |
+154.80% |
| 2021-12-31 | CN¥3.32 Billion ≈ $486.55 Million |
+51.15% |
| 2020-12-31 | CN¥2.20 Billion ≈ $321.90 Million |
+64.84% |
| 2019-12-31 | CN¥1.33 Billion ≈ $195.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ganzhou Tengyuan Cobalt New Material 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 274.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.30 Billion | 26.13% |
| Other Components | CN¥6.50 Billion | 73.87% |
| Total Equity | CN¥8.80 Billion | 100.00% |
Ganzhou Tengyuan Cobalt New Material Co. Ltd. Competitors by Market Cap
The table below lists competitors of Ganzhou Tengyuan Cobalt New Material Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Siglent Technologies Co Ltd
SHG:688112
|
$1.79 Billion |
|
Harbin Hatou Investment Co Ltd
SHG:600864
|
$1.79 Billion |
|
Uwc Bhd
KLSE:5292
|
$1.79 Billion |
|
Fidelis Insurance Holdings Limited
NYSE:FIHL
|
$1.79 Billion |
|
Grupo Bafar S.A.B. de C.V
MX:BAFARB
|
$1.79 Billion |
|
Taiwan Surface Mounting Technology Corp
TW:6278
|
$1.78 Billion |
|
I-Chiun Precision Industry Co Ltd
TW:2486
|
$1.78 Billion |
|
Hope Bancorp Inc
NASDAQ:HOPE
|
$1.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ganzhou Tengyuan Cobalt New Material Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,519,120,067 to 8,800,146,898, a change of 281,026,830 (3.3%).
- Net income of 685,229,299 contributed positively to equity growth.
- Dividend payments of 439,247,056 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥685.23 Million | +7.79% |
| Dividends Paid | CN¥439.25 Million | -4.99% |
| Other Changes | CN¥35.04 Million | +0.4% |
| Total Change | CN¥- | 3.30% |
Book Value vs Market Value Analysis
This analysis compares Ganzhou Tengyuan Cobalt New Material 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: 1.39x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.61x to 1.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥8.99 | CN¥41.41 | x |
| 2020-12-31 | CN¥9.95 | CN¥41.41 | x |
| 2021-12-31 | CN¥15.04 | CN¥41.41 | x |
| 2022-12-31 | CN¥28.75 | CN¥41.41 | x |
| 2023-12-31 | CN¥28.91 | CN¥41.41 | x |
| 2024-12-31 | CN¥29.86 | CN¥41.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ganzhou Tengyuan Cobalt New Material 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): 7.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.47%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.22x
- Recent ROE (7.79%) is below the historical average (13.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 8.25% | 6.33% | 0.84x | 1.54x | CN¥-23.31 Million |
| 2020 | 23.33% | 28.72% | 0.64x | 1.27x | CN¥293.20 Million |
| 2021 | 34.59% | 27.65% | 0.92x | 1.37x | CN¥817.69 Million |
| 2022 | 3.24% | 5.72% | 0.51x | 1.12x | CN¥-572.74 Million |
| 2023 | 4.44% | 6.82% | 0.56x | 1.15x | CN¥-473.84 Million |
| 2024 | 7.79% | 10.47% | 0.61x | 1.22x | CN¥-194.79 Million |
Industry Comparison
This section compares Ganzhou Tengyuan Cobalt New Material 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: $2,832,096,336
- Average return on equity (ROE) among peers: 6.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ganzhou Tengyuan Cobalt New Material Co. Ltd. (301219) | CN¥9.10 Billion | 8.25% | 0.32x | $1.79 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $6.66 Billion | 14.27% | 1.11x | $3.83 Billion |
| Inner Mongolia Xingye Mining Co Ltd (000426) | $1.24 Billion | 4.31% | 1.78x | $9.22 Billion |
| Shengda Mining Co Ltd (000603) | $810.71 Million | 29.14% | 0.39x | $3.51 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $9.75 Billion | -22.63% | 4.74x | $3.93 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $2.86 Billion | 5.42% | 1.99x | $20.59 Billion |
| Guocheng Mining Co Ltd (000688) | $1.04 Billion | 2.34% | 0.72x | $4.44 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $1.70 Billion | 6.83% | 1.05x | $1.09 Billion |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $1.25 Billion | 12.63% | 0.68x | $1.74 Billion |
| Tibet Mineral Development Co Ltd (000762) | $599.58 Million | 9.40% | 0.79x | $1.67 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $2.41 Billion | 4.24% | 0.64x | $1.33 Billion |
About Ganzhou Tengyuan Cobalt New Material Co. Ltd.
Ganzhou Tengyuan Cobalt New Material Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of cobalt and copper products in China and internationally. The company offers cobalt sulfate, cobalt chloride, and electrodeposited cobalt; and electrodeposited copper products. It exports its products. The company's products are used in new energy vehicles, … Read more