Tibet Summit Resources Co Ltd

SHG:600338 China Other Industrial Metals & Mining
Market Cap
$2.29 Billion
CN¥16.82 Billion CNY
Market Cap Rank
#4801 Global
#535 in China
Share Price
CN¥18.40
Change (1 day)
-1.29%
52-Week Range
CN¥8.93 - CN¥21.40
All Time High
CN¥49.89
Categories
Companies in China Other Industrial Metals & Mining
About

Xizang Zhufeng Resources Co., Ltd., together with its subsidiaries, engages in the exploration, mining, beneficiation, smelting, and sale of mineral resource products in China, Tajikistan, and Argentina. The company mines for lead, zinc, brine lithium, gold, silver, and copper concentrates deposits. It also engages in the trade, import, and export; research, development, service, and trasnfer of … Read more

Tibet Summit Resources Co Ltd (600338) - Net Assets

Latest net assets as of September 2025: CN¥4.41 Billion CNY

Based on the latest financial reports, Tibet Summit Resources Co Ltd (600338) has net assets worth CN¥4.41 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¥6.67 Billion) and total liabilities (CN¥2.26 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¥4.41 Billion
% of Total Assets 66.1%
Annual Growth Rate 12.87%
5-Year Change 83.03%
10-Year Change 457.52%
Growth Volatility 228.02

Tibet Summit Resources Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Tibet Summit Resources 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 Tibet Summit Resources Co Ltd (1997–2024)

The table below shows the annual net assets of Tibet Summit Resources Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.74 Billion +15.86%
2023-12-31 CN¥3.23 Billion -7.49%
2022-12-31 CN¥3.49 Billion +27.18%
2021-12-31 CN¥2.74 Billion +34.28%
2020-12-31 CN¥2.04 Billion -25.47%
2019-12-31 CN¥2.74 Billion +26.13%
2018-12-31 CN¥2.17 Billion +27.48%
2017-12-31 CN¥1.70 Billion +31.20%
2016-12-31 CN¥1.30 Billion +93.74%
2015-12-31 CN¥670.37 Million +985.86%
2014-12-31 CN¥61.74 Million +15.93%
2013-12-31 CN¥53.25 Million +99.40%
2012-12-31 CN¥26.71 Million +156.28%
2011-12-31 CN¥-47.46 Million -983.50%
2010-12-31 CN¥-4.38 Million -1224.49%
2009-12-31 CN¥-330.70K +99.54%
2008-12-31 CN¥-71.17 Million +40.62%
2007-12-31 CN¥-119.85 Million -279.53%
2006-12-31 CN¥-31.58 Million +26.51%
2005-12-31 CN¥-42.97 Million -260.78%
2004-12-31 CN¥26.72 Million +23.92%
2003-12-31 CN¥21.57 Million -95.35%
2002-12-31 CN¥463.36 Million -24.13%
2001-12-31 CN¥610.72 Million +3.24%
2000-12-31 CN¥591.55 Million +190.27%
1999-12-31 CN¥203.79 Million +1.24%
1998-12-31 CN¥201.29 Million +41.50%
1997-12-31 CN¥142.25 Million --

Equity Component Analysis

This analysis shows how different components contribute to Tibet Summit Resources 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 303963047100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥3.04 Billion 82.71%
Common Stock CN¥914.21 Million 24.88%
Other Comprehensive Income CN¥-278.89 Million -7.59%
Total Equity CN¥3.67 Billion 100.00%

Tibet Summit Resources Co Ltd Competitors by Market Cap

The table below lists competitors of Tibet Summit Resources Co Ltd ranked by their market capitalization.

Company Market Cap
Koninklijke Heijmans N.V.
AS:HEIJM
 		$2.12 Billion
ZhongAn Online P & C Insurance Co. Ltd
PINK:ZZHGF
 		$2.12 Billion
NORDIC SEMICOND. ADS/1
F:N0S0
 		$2.12 Billion
The Bancorp Inc
NASDAQ:TBBK
 		$2.12 Billion
Swire Properties Limited
PINK:SWPFF
 		$2.12 Billion
Park National Corporation
NYSE MKT:PRK
 		$2.12 Billion
Kinetik Holdings Inc
NYSE:KNTK
 		$2.12 Billion
Ninestar Corp
SHE:002180
 		$2.12 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tibet Summit Resources Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,182,534,260 to 3,674,953,661, a change of 492,419,401 (15.5%).
  • Net income of 229,607,761 contributed positively to equity growth.
  • Dividend payments of 145,088,362 reduced retained earnings.
  • Other comprehensive income increased equity by 262,648,315.
  • Other factors increased equity by 145,251,687.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥229.61 Million +6.25%
Dividends Paid CN¥145.09 Million -3.95%
Other Comprehensive Income CN¥262.65 Million +7.15%
Other Changes CN¥145.25 Million +3.95%
Total Change CN¥- 15.47%

Book Value vs Market Value Analysis

This analysis compares Tibet Summit Resources 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: 4.58x
  • 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 19.49x to 4.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.94 CN¥18.40 x
1998-12-31 CN¥1.34 CN¥18.40 x
1999-12-31 CN¥1.35 CN¥18.40 x
2000-12-31 CN¥3.93 CN¥18.40 x
2001-12-31 CN¥4.05 CN¥18.40 x
2002-12-31 CN¥2.91 CN¥18.40 x
2003-12-31 CN¥0.03 CN¥18.40 x
2004-12-31 CN¥0.06 CN¥18.40 x
2005-12-31 CN¥-0.29 CN¥18.40 x
2006-12-31 CN¥-0.20 CN¥18.40 x
2007-12-31 CN¥-0.57 CN¥18.40 x
2008-12-31 CN¥-0.37 CN¥18.40 x
2009-12-31 CN¥-0.07 CN¥18.40 x
2010-12-31 CN¥-0.12 CN¥18.40 x
2011-12-31 CN¥-0.33 CN¥18.40 x
2012-12-31 CN¥0.01 CN¥18.40 x
2013-12-31 CN¥0.12 CN¥18.40 x
2014-12-31 CN¥0.04 CN¥18.40 x
2015-12-31 CN¥0.73 CN¥18.40 x
2016-12-31 CN¥1.42 CN¥18.40 x
2017-12-31 CN¥1.86 CN¥18.40 x
2018-12-31 CN¥2.38 CN¥18.40 x
2019-12-31 CN¥3.00 CN¥18.40 x
2020-12-31 CN¥2.29 CN¥18.40 x
2021-12-31 CN¥3.05 CN¥18.40 x
2022-12-31 CN¥3.81 CN¥18.40 x
2023-12-31 CN¥3.48 CN¥18.40 x
2024-12-31 CN¥4.02 CN¥18.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tibet Summit Resources 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): 6.25%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.00%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 1.70x
  • Recent ROE (6.25%) is above the historical average (-169.13%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 34.16% 4.21% 3.06x 2.66x CN¥34.37 Million
1998 21.77% 3.99% 1.95x 2.80x CN¥23.69 Million
1999 25.66% 5.19% 1.62x 3.05x CN¥31.91 Million
2000 5.29% 3.10% 0.93x 1.84x CN¥-27.85 Million
2001 2.96% 3.18% 0.56x 1.66x CN¥-43.00 Million
2002 -37.60% -46.58% 0.35x 2.28x CN¥-208.31 Million
2003 -8140.72% -127.80% 0.77x 82.81x CN¥-429.56 Million
2004 41.62% 1.64% 0.59x 43.09x CN¥2.97 Million
2005 0.00% -168.05% 0.12x 0.00x CN¥-49.76 Million
2006 0.00% 0.29% 0.53x 0.00x CN¥5.47 Million
2007 0.00% -11.61% 1.32x 0.00x CN¥-69.69 Million
2008 0.00% 8.79% 1.14x 0.00x CN¥51.89 Million
2009 0.00% 10.21% 0.84x 0.00x CN¥52.15 Million
2010 0.00% -0.89% 1.98x 0.00x CN¥-6.70 Million
2011 0.00% -7.00% 1.43x 0.00x CN¥-40.28 Million
2012 2285.36% 5.47% 3.20x 130.51x CN¥72.84 Million
2013 76.74% 1.33% 2.94x 19.62x CN¥18.16 Million
2014 707.65% 10.96% 4.88x 13.22x CN¥263.46 Million
2015 24.02% 10.73% 1.24x 1.81x CN¥93.40 Million
2016 50.11% 44.03% 0.76x 1.50x CN¥520.49 Million
2017 65.35% 45.15% 0.76x 1.90x CN¥943.24 Million
2018 41.46% 44.01% 0.43x 2.21x CN¥683.44 Million
2019 21.91% 26.86% 0.53x 1.53x CN¥326.17 Million
2020 1.46% 2.70% 0.30x 1.80x CN¥-179.02 Million
2021 25.85% 35.17% 0.52x 1.43x CN¥441.73 Million
2022 11.81% 20.88% 0.37x 1.54x CN¥63.14 Million
2023 -6.77% -14.66% 0.27x 1.73x CN¥-533.60 Million
2024 6.25% 14.00% 0.26x 1.70x CN¥-137.89 Million

Industry Comparison

This section compares Tibet Summit Resources 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
Tibet Summit Resources Co Ltd (600338) CN¥4.41 Billion 34.16% 0.51x $2.12 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