BaoJi Titanium Industry Co Ltd

SHG:600456 China Other Industrial Metals & Mining
Market Cap
$2.41 Billion
CN¥17.71 Billion CNY
Market Cap Rank
#7237 Global
#1215 in China
Share Price
CN¥37.07
Change (1 day)
-3.49%
52-Week Range
CN¥28.75 - CN¥44.35
All Time High
CN¥70.87
Categories
Companies in China Other Industrial Metals & Mining
About

Baoji Titanium Industry Co., Ltd. manufactures and sells titanium and titanium alloy products. Its products include rods, copper ingots, nickel ingots, tungsten, molybdenum, wires, titanium and titanium alloy plates, strips, foils, tubes, bars, wires, forgings, castings, and other metal composite products. The company produces zirconium, nickel, and steel in various forms. It offers its products … Read more

BaoJi Titanium Industry Co Ltd (600456) - Net Assets

Latest net assets as of September 2025: CN¥8.06 Billion CNY

Based on the latest financial reports, BaoJi Titanium Industry Co Ltd (600456) has net assets worth CN¥8.06 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¥15.50 Billion) and total liabilities (CN¥7.45 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¥8.06 Billion
% of Total Assets 51.97%
Annual Growth Rate 15.26%
5-Year Change 74.8%
10-Year Change 104.77%
Growth Volatility 37.08

BaoJi Titanium Industry Co Ltd - Net Assets Trend (1999–2024)

This chart illustrates how BaoJi Titanium Industry 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 BaoJi Titanium Industry Co Ltd (1999–2024)

The table below shows the annual net assets of BaoJi Titanium Industry Co Ltd from 1999 to 2024.

Year Net Assets Change
2024-12-31 CN¥7.63 Billion +6.80%
2023-12-31 CN¥7.14 Billion +5.62%
2022-12-31 CN¥6.76 Billion +4.35%
2021-12-31 CN¥6.48 Billion +48.49%
2020-12-31 CN¥4.37 Billion +7.29%
2019-12-31 CN¥4.07 Billion +5.48%
2018-12-31 CN¥3.86 Billion +3.37%
2017-12-31 CN¥3.73 Billion -0.06%
2016-12-31 CN¥3.73 Billion +0.20%
2015-12-31 CN¥3.73 Billion -5.20%
2014-12-31 CN¥3.93 Billion -0.10%
2013-12-31 CN¥3.93 Billion +1.68%
2012-12-31 CN¥3.87 Billion +0.62%
2011-12-31 CN¥3.85 Billion +1.22%
2010-12-31 CN¥3.80 Billion -1.18%
2009-12-31 CN¥3.84 Billion -2.29%
2008-12-31 CN¥3.93 Billion +68.00%
2007-12-31 CN¥2.34 Billion +24.58%
2006-12-31 CN¥1.88 Billion +140.95%
2005-12-31 CN¥780.26 Million +17.90%
2004-12-31 CN¥661.81 Million +2.80%
2003-12-31 CN¥643.79 Million +10.31%
2002-12-31 CN¥583.63 Million +123.73%
2001-12-31 CN¥260.86 Million +16.93%
2000-12-31 CN¥223.10 Million +1.87%
1999-12-31 CN¥219.01 Million --

Equity Component Analysis

This analysis shows how different components contribute to BaoJi Titanium Industry 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 90289.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.74 Billion 24.99%
Common Stock CN¥477.78 Million 6.87%
Other Comprehensive Income CN¥447.33 Million 6.43%
Other Components CN¥4.29 Billion 61.71%
Total Equity CN¥6.95 Billion 100.00%

BaoJi Titanium Industry Co Ltd Competitors by Market Cap

The table below lists competitors of BaoJi Titanium Industry Co Ltd ranked by their market capitalization.

Company Market Cap
Relay Therapeutics Inc
NASDAQ:RLAY
 		$1.02 Billion
Grenergy Renovables S.A
MC:GRE
 		$1.02 Billion
InventisBio Co. Ltd. A
SHG:688382
 		$1.02 Billion
Guangdong Orient Zirconic Ind Sci & Tech Co Ltd
SHE:002167
 		$1.02 Billion
Miracle Automation Engineering
SHE:002009
 		$1.02 Billion
Beijing Shiji Information Technology Co Ltd
SHE:002153
 		$1.02 Billion
Energizer Holdings Inc
NYSE:ENR
 		$1.02 Billion
Lier Chemical Co Ltd
SHE:002258
 		$1.02 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,534,806,903 to 6,954,846,347, a change of 420,039,444 (6.4%).
  • Net income of 576,447,721 contributed positively to equity growth.
  • Dividend payments of 224,425,306 reduced retained earnings.
  • Other comprehensive income increased equity by 437,341,826.
  • Other factors decreased equity by 369,324,797.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥576.45 Million +8.29%
Dividends Paid CN¥224.43 Million -3.23%
Other Comprehensive Income CN¥437.34 Million +6.29%
Other Changes CN¥-369.32 Million -5.31%
Total Change CN¥- 6.43%

Book Value vs Market Value Analysis

This analysis compares BaoJi Titanium Industry 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: 2.55x
  • 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 63.00x to 2.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 CN¥0.59 CN¥37.07 x
2000-12-31 CN¥0.60 CN¥37.07 x
2001-12-31 CN¥0.70 CN¥37.07 x
2002-12-31 CN¥2.93 CN¥37.07 x
2003-12-31 CN¥3.23 CN¥37.07 x
2004-12-31 CN¥3.32 CN¥37.07 x
2005-12-31 CN¥3.91 CN¥37.07 x
2006-12-31 CN¥4.97 CN¥37.07 x
2007-12-31 CN¥5.50 CN¥37.07 x
2008-12-31 CN¥8.90 CN¥37.07 x
2009-12-31 CN¥9.08 CN¥37.07 x
2010-12-31 CN¥8.39 CN¥37.07 x
2011-12-31 CN¥8.45 CN¥37.07 x
2012-12-31 CN¥8.43 CN¥37.07 x
2013-12-31 CN¥8.41 CN¥37.07 x
2014-12-31 CN¥9.10 CN¥37.07 x
2015-12-31 CN¥7.85 CN¥37.07 x
2016-12-31 CN¥8.36 CN¥37.07 x
2017-12-31 CN¥7.97 CN¥37.07 x
2018-12-31 CN¥8.24 CN¥37.07 x
2019-12-31 CN¥8.68 CN¥37.07 x
2020-12-31 CN¥9.32 CN¥37.07 x
2021-12-31 CN¥12.74 CN¥37.07 x
2022-12-31 CN¥12.96 CN¥37.07 x
2023-12-31 CN¥13.68 CN¥37.07 x
2024-12-31 CN¥14.56 CN¥37.07 x

Capital Efficiency Dashboard

This dashboard shows how efficiently BaoJi Titanium Industry 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): 8.29%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.66%
  • • Asset Turnover: 0.50x
  • • Equity Multiplier: 1.92x
  • Recent ROE (8.29%) is above the historical average (7.37%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 9.59% 9.84% 0.38x 2.57x CN¥-889.34K
2000 17.97% 13.72% 0.50x 2.65x CN¥17.78 Million
2001 14.48% 11.60% 0.55x 2.28x CN¥11.67 Million
2002 7.03% 11.84% 0.38x 1.58x CN¥-17.34 Million
2003 9.34% 15.66% 0.40x 1.50x CN¥-4.22 Million
2004 10.28% 10.86% 0.57x 1.65x CN¥1.86 Million
2005 20.31% 13.72% 0.79x 1.88x CN¥80.44 Million
2006 18.10% 19.47% 0.68x 1.38x CN¥149.90 Million
2007 22.74% 21.94% 0.72x 1.44x CN¥285.20 Million
2008 7.87% 14.71% 0.41x 1.30x CN¥-81.44 Million
2009 0.44% 0.71% 0.43x 1.43x CN¥-356.63 Million
2010 0.10% 0.13% 0.47x 1.52x CN¥-359.19 Million
2011 1.69% 2.11% 0.49x 1.63x CN¥-302.82 Million
2012 0.16% 0.25% 0.37x 1.73x CN¥-357.09 Million
2013 0.54% 0.82% 0.36x 1.82x CN¥-342.43 Million
2014 0.33% 0.48% 0.36x 1.92x CN¥-349.86 Million
2015 -5.48% -8.72% 0.31x 2.04x CN¥-527.80 Million
2016 1.08% 1.47% 0.36x 2.02x CN¥-305.69 Million
2017 0.63% 0.75% 0.42x 2.01x CN¥-321.01 Million
2018 3.98% 4.14% 0.47x 2.05x CN¥-213.36 Million
2019 6.43% 5.73% 0.52x 2.17x CN¥-133.41 Million
2020 9.04% 8.36% 0.50x 2.18x CN¥-38.43 Million
2021 9.28% 10.68% 0.45x 1.95x CN¥-43.56 Million
2022 8.99% 8.39% 0.53x 2.01x CN¥-62.24 Million
2023 8.33% 7.86% 0.55x 1.91x CN¥-109.26 Million
2024 8.29% 8.66% 0.50x 1.92x CN¥-119.04 Million

Industry Comparison

This section compares BaoJi Titanium Industry 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: $3,918,577,233
  • Average return on equity (ROE) among peers: 8.23%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
BaoJi Titanium Industry Co Ltd (600456) CN¥8.06 Billion 9.59% 0.92x $1.02 Billion
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) $11.36 Billion 7.50% 0.79x $2.29 Billion
Inner Mongolia Xingye Mining Co Ltd (000426) $1.61 Billion 11.63% 0.95x $7.99 Billion
Shengda Mining Co Ltd (000603) $3.57 Billion 10.93% 0.85x $2.08 Billion
Pangang Group Vanadium Titanium & Resources Co Ltd (000629) $7.50 Billion 10.99% 0.51x $2.57 Billion
China Tungsten and Hightech Materials Co Ltd (000657) $6.50 Billion 12.30% 1.00x $11.20 Billion
Guocheng Mining Co Ltd (000688) $235.99 Million 13.55% 1.14x $1.53 Billion
Huludao Zinc Industry Co Ltd (000751) $2.76 Billion 2.28% 0.95x $885.40 Million
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) $3.10 Billion 3.54% 1.69x $1.23 Billion
Tibet Mineral Development Co Ltd (000762) $545.80 Million 7.81% 0.84x $1.53 Billion
Innuovo Technology Co Ltd Class A (000795) $2.00 Billion 1.73% 0.26x $695.97 Million