Chongqing Taiji Industry Group Co Ltd (600129) - Net Assets

Latest as of September 2025: CN¥3.67 Billion CNY ≈ $537.74 Million USD

Based on the latest financial reports, Chongqing Taiji Industry Group Co Ltd (600129) has net assets worth CN¥3.67 Billion CNY (≈ $537.74 Million 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¥14.22 Billion ≈ $2.08 Billion USD) and total liabilities (CN¥10.55 Billion ≈ $1.54 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. Check 600129 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.67 Billion
% of Total Assets	25.84%
Annual Growth Rate	14.73%
5-Year Change	14.8%
10-Year Change	177.91%
Growth Volatility	53.06

Chongqing Taiji Industry Group Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Chongqing Taiji Industry Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600129 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Chongqing Taiji Industry Group Co Ltd (1994–2024)

The table below shows the annual net assets of Chongqing Taiji Industry Group Co Ltd from 1994 to 2024. For live valuation and market cap data, see Chongqing Taiji Industry Group Co Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	CN¥3.63 Billion ≈ $531.69 Million	-3.00%
2023-12-31	CN¥3.75 Billion ≈ $548.13 Million	+27.96%
2022-12-31	CN¥2.93 Billion ≈ $428.35 Million	+12.51%
2021-12-31	CN¥2.60 Billion ≈ $380.71 Million	-17.80%
2020-12-31	CN¥3.16 Billion ≈ $463.13 Million	+0.92%
2019-12-31	CN¥3.14 Billion ≈ $458.93 Million	-4.53%
2018-12-31	CN¥3.28 Billion ≈ $480.69 Million	+169.84%
2017-12-31	CN¥1.22 Billion ≈ $178.14 Million	-4.60%
2016-12-31	CN¥1.28 Billion ≈ $186.72 Million	-2.40%
2015-12-31	CN¥1.31 Billion ≈ $191.32 Million	-18.26%
2014-12-31	CN¥1.60 Billion ≈ $234.06 Million	+6.71%
2013-12-31	CN¥1.50 Billion ≈ $219.35 Million	+0.50%
2012-12-31	CN¥1.49 Billion ≈ $218.26 Million	-8.03%
2011-12-31	CN¥1.62 Billion ≈ $237.33 Million	-6.93%
2010-12-31	CN¥1.74 Billion ≈ $254.99 Million	-1.52%
2009-12-31	CN¥1.77 Billion ≈ $258.93 Million	+9.47%
2008-12-31	CN¥1.62 Billion ≈ $236.52 Million	-10.82%
2007-12-31	CN¥1.81 Billion ≈ $265.22 Million	+9.51%
2006-12-31	CN¥1.66 Billion ≈ $242.19 Million	-13.82%
2005-12-31	CN¥1.92 Billion ≈ $281.04 Million	+49.83%
2004-12-31	CN¥1.28 Billion ≈ $187.57 Million	+8.00%
2003-12-31	CN¥1.19 Billion ≈ $173.67 Million	+18.98%
2002-12-31	CN¥997.54 Million ≈ $145.97 Million	-9.13%
2001-12-31	CN¥1.10 Billion ≈ $160.64 Million	+2.28%
2000-12-31	CN¥1.07 Billion ≈ $157.05 Million	+40.33%
1999-12-31	CN¥764.81 Million ≈ $111.92 Million	-1.21%
1998-12-31	CN¥774.15 Million ≈ $113.28 Million	+19.03%
1997-12-31	CN¥650.41 Million ≈ $95.18 Million	+196.97%
1996-12-31	CN¥219.02 Million ≈ $32.05 Million	+148.19%
1995-12-31	CN¥88.25 Million ≈ $12.91 Million	+50.01%
1994-12-31	CN¥58.83 Million ≈ $8.61 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Chongqing Taiji Industry 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 16774.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥703.26 Million	20.14%
Common Stock	CN¥556.89 Million	15.95%
Other Components	CN¥2.23 Billion	63.91%
Total Equity	CN¥3.49 Billion	100.00%

Chongqing Taiji Industry Group Co Ltd Competitors by Market Cap

The table below lists competitors of Chongqing Taiji Industry Group Co Ltd ranked by their market capitalization.

Company	Market Cap
Lightwave Logic Inc NASDAQ:LWLG	$1.26 Billion
Topsec Technologies Group Inc SHE:002212	$1.26 Billion
Superloop Ltd AU:SLC	$1.26 Billion
Beijing Topnew Info And Tech Co Ltd SHE:300895	$1.26 Billion
Alexander & Baldwin Inc F:ABU	$1.26 Billion
Shanghai Yct Electronics Group Co.Ltd SHE:301099	$1.25 Billion
Dongguan Tarry Electronics Co.Ltd SHE:300976	$1.25 Billion
Ruyizhou Inc NYSE:RYZ	$1.25 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,622,185,106 to 3,492,167,957, a change of -130,017,149 (-3.6%).
Net income of 26,652,733 contributed positively to equity growth.
Dividend payments of 295,879,889 reduced retained earnings.
Other factors increased equity by 139,210,007.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥26.65 Million	+0.76%
Dividends Paid	CN¥295.88 Million	-8.47%
Other Changes	CN¥139.21 Million	+3.99%
Total Change	CN¥-	-3.59%

Book Value vs Market Value Analysis

This analysis compares Chongqing Taiji Industry 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: 2.48x
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 114.44x to 2.48x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1994-12-31	CN¥0.14	CN¥15.56	x
1995-12-31	CN¥0.20	CN¥15.56	x
1996-12-31	CN¥0.51	CN¥15.56	x
1997-12-31	CN¥1.52	CN¥15.56	x
1998-12-31	CN¥1.69	CN¥15.56	x
1999-12-31	CN¥1.67	CN¥15.56	x
2000-12-31	CN¥2.28	CN¥15.56	x
2001-12-31	CN¥2.32	CN¥15.56	x
2002-12-31	CN¥1.98	CN¥15.56	x
2003-12-31	CN¥2.09	CN¥15.56	x
2004-12-31	CN¥2.26	CN¥15.56	x
2005-12-31	CN¥2.72	CN¥15.56	x
2006-12-31	CN¥2.80	CN¥15.56	x
2007-12-31	CN¥3.04	CN¥15.56	x
2008-12-31	CN¥2.75	CN¥15.56	x
2009-12-31	CN¥3.01	CN¥15.56	x
2010-12-31	CN¥2.81	CN¥15.56	x
2011-12-31	CN¥2.71	CN¥15.56	x
2012-12-31	CN¥2.13	CN¥15.56	x
2013-12-31	CN¥2.26	CN¥15.56	x
2014-12-31	CN¥2.37	CN¥15.56	x
2015-12-31	CN¥2.37	CN¥15.56	x
2016-12-31	CN¥3.02	CN¥15.56	x
2017-12-31	CN¥2.89	CN¥15.56	x
2018-12-31	CN¥6.09	CN¥15.56	x
2019-12-31	CN¥5.70	CN¥15.56	x
2020-12-31	CN¥5.81	CN¥15.56	x
2021-12-31	CN¥4.90	CN¥15.56	x
2022-12-31	CN¥5.50	CN¥15.56	x
2023-12-31	CN¥6.50	CN¥15.56	x
2024-12-31	CN¥6.27	CN¥15.56	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chongqing Taiji Industry 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): 0.76%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.22%
• Asset Turnover: 0.88x
• Equity Multiplier: 4.03x
Recent ROE (0.76%) is below the historical average (7.69%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1994	30.17%	22.04%	0.60x	2.28x	CN¥11.73 Million
1995	44.35%	19.54%	0.71x	3.20x	CN¥30.05 Million
1996	24.75%	14.26%	0.67x	2.57x	CN¥32.17 Million
1997	13.56%	15.11%	0.52x	1.72x	CN¥23.10 Million
1998	12.56%	9.32%	0.61x	2.22x	CN¥18.49 Million
1999	10.53%	7.51%	0.55x	2.53x	CN¥3.76 Million
2000	5.02%	4.10%	0.61x	2.02x	CN¥-48.51 Million
2001	6.02%	3.42%	0.64x	2.75x	CN¥-39.57 Million
2002	6.11%	2.22%	0.73x	3.77x	CN¥-32.96 Million
2003	6.41%	1.78%	0.81x	4.42x	CN¥-32.06 Million
2004	6.95%	1.73%	0.83x	4.84x	CN¥-29.40 Million
2005	3.59%	1.06%	0.66x	5.10x	CN¥-74.46 Million
2006	5.29%	1.55%	0.71x	4.83x	CN¥-56.38 Million
2007	4.90%	1.41%	0.78x	4.47x	CN¥-66.06 Million
2008	2.00%	0.49%	0.81x	5.09x	CN¥-93.74 Million
2009	2.94%	0.71%	0.81x	5.08x	CN¥-90.68 Million
2010	-13.49%	-2.70%	0.85x	5.87x	CN¥-281.40 Million
2011	1.85%	0.32%	0.80x	7.11x	CN¥-91.24 Million
2012	-24.46%	-3.34%	0.79x	9.24x	CN¥-310.57 Million
2013	1.33%	0.19%	0.70x	9.88x	CN¥-82.23 Million
2014	-27.30%	-3.98%	0.67x	10.22x	CN¥-377.95 Million
2015	22.76%	3.23%	0.72x	9.86x	CN¥129.85 Million
2016	66.66%	10.77%	0.84x	7.33x	CN¥727.76 Million
2017	7.96%	1.11%	0.82x	8.68x	CN¥-25.04 Million
2018	2.13%	0.66%	0.83x	3.91x	CN¥-259.15 Million
2019	-2.23%	-0.61%	0.82x	4.47x	CN¥-388.19 Million
2020	2.04%	0.59%	0.77x	4.48x	CN¥-257.58 Million
2021	-19.18%	-4.31%	0.92x	4.83x	CN¥-795.88 Million
2022	11.57%	2.51%	0.96x	4.80x	CN¥48.00 Million
2023	22.70%	5.26%	1.08x	3.98x	CN¥459.91 Million
2024	0.76%	0.22%	0.88x	4.03x	CN¥-322.56 Million

Industry Comparison

This section compares Chongqing Taiji Industry Group Co Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

Industry: Drug Manufacturers - Specialty & Generic
Average net assets among peers: $1,724,724,027
Average return on equity (ROE) among peers: 8.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Chongqing Taiji Industry Group Co Ltd (600129)	CN¥3.67 Billion	30.17%	2.87x	$1.26 Billion
Shenzhen Neptunus Bioengineering Co Ltd (000078)	$780.79 Million	3.11%	2.56x	$1.22 Billion
Anhui Fengyuan Pharmaceutical Co Ltd (000153)	$1.05 Billion	2.59%	0.88x	$438.59 Million
Shan Dong Dong-E E-Jiao Co Ltd (000423)	$10.33 Billion	15.07%	0.27x	$5.18 Billion
Livzon Pharmaceutical Group Inc (000513)	$623.47 Million	16.22%	0.40x	$2.81 Billion
Wedge Industrial Co Ltd (000534)	$654.70 Million	1.92%	0.87x	$2.95 Billion
Yunnan Baiyao Group Co Ltd (000538)	$473.92 Million	15.85%	0.78x	$13.85 Billion
Hainan Haiyao Co Ltd (000566)	$275.57 Million	17.28%	1.12x	$949.23 Million
Tus Pharmaceutical Group Co Ltd (000590)	$702.49 Million	2.58%	0.66x	$391.07 Million
Northeast Pharmaceutical Group Co Ltd (000597)	$999.14 Million	3.56%	1.59x	$1.03 Billion
Jilin Aodong Pharmaceutical Group Co Ltd (000623)	$1.35 Billion	7.34%	0.44x	$3.30 Billion

About Chongqing Taiji Industry Group Co Ltd

SHG:600129 China Drug Manufacturers - Specialty & Generic

Market Cap

$1.26 Billion

CN¥8.58 Billion CNY

Market Cap Rank

#8145 Global

#2052 in China

Share Price

CN¥15.56

Change (1 day)

+0.00%

52-Week Range

CN¥15.23 - CN¥25.18

All Time High

CN¥67.29