BaoJi Titanium Industry Co Ltd (600456) - Net Assets
Based on the latest financial reports, BaoJi Titanium Industry Co Ltd (600456) has net assets worth CN¥8.06 Billion CNY (≈ $1.18 Billion 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¥15.50 Billion ≈ $2.27 Billion USD) and total liabilities (CN¥7.45 Billion ≈ $1.09 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 BaoJi Titanium Industry Co Ltd (600456) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of BaoJi Titanium Industry Co Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see BaoJi Titanium Industry Co Ltd (600456) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.63 Billion ≈ $1.12 Billion |
+6.80% |
| 2023-12-31 | CN¥7.14 Billion ≈ $1.05 Billion |
+5.62% |
| 2022-12-31 | CN¥6.76 Billion ≈ $989.90 Million |
+4.35% |
| 2021-12-31 | CN¥6.48 Billion ≈ $948.60 Million |
+48.49% |
| 2020-12-31 | CN¥4.37 Billion ≈ $638.81 Million |
+7.29% |
| 2019-12-31 | CN¥4.07 Billion ≈ $595.40 Million |
+5.48% |
| 2018-12-31 | CN¥3.86 Billion ≈ $564.47 Million |
+3.37% |
| 2017-12-31 | CN¥3.73 Billion ≈ $546.05 Million |
-0.06% |
| 2016-12-31 | CN¥3.73 Billion ≈ $546.39 Million |
+0.20% |
| 2015-12-31 | CN¥3.73 Billion ≈ $545.32 Million |
-5.20% |
| 2014-12-31 | CN¥3.93 Billion ≈ $575.22 Million |
-0.10% |
| 2013-12-31 | CN¥3.93 Billion ≈ $575.78 Million |
+1.68% |
| 2012-12-31 | CN¥3.87 Billion ≈ $566.27 Million |
+0.62% |
| 2011-12-31 | CN¥3.85 Billion ≈ $562.77 Million |
+1.22% |
| 2010-12-31 | CN¥3.80 Billion ≈ $555.97 Million |
-1.18% |
| 2009-12-31 | CN¥3.84 Billion ≈ $562.59 Million |
-2.29% |
| 2008-12-31 | CN¥3.93 Billion ≈ $575.77 Million |
+68.00% |
| 2007-12-31 | CN¥2.34 Billion ≈ $342.71 Million |
+24.58% |
| 2006-12-31 | CN¥1.88 Billion ≈ $275.10 Million |
+140.95% |
| 2005-12-31 | CN¥780.26 Million ≈ $114.18 Million |
+17.90% |
| 2004-12-31 | CN¥661.81 Million ≈ $96.84 Million |
+2.80% |
| 2003-12-31 | CN¥643.79 Million ≈ $94.21 Million |
+10.31% |
| 2002-12-31 | CN¥583.63 Million ≈ $85.40 Million |
+123.73% |
| 2001-12-31 | CN¥260.86 Million ≈ $38.17 Million |
+16.93% |
| 2000-12-31 | CN¥223.10 Million ≈ $32.65 Million |
+1.87% |
| 1999-12-31 | CN¥219.01 Million ≈ $32.05 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 |
|---|---|
|
Civitas Resources Inc
NYSE:CIVI
|
$2.34 Billion |
|
Sumec Corp Ltd
SHG:600710
|
$2.34 Billion |
|
The Bancorp Inc
NASDAQ:TBBK
|
$2.34 Billion |
|
Koninklijke Heijmans N.V.
AS:HEIJM
|
$2.34 Billion |
|
Peab AB (publ)
ST:PEAB-B
|
$2.33 Billion |
|
African Rainbow Minerals Ltd
JSE:ARI
|
$2.33 Billion |
|
Seojin System Co.Ltd
KQ:178320
|
$2.33 Billion |
|
Ecopro Co. Ltd
KQ:086520
|
$2.33 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: 2.30x
- 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 56.78x to 2.30x 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¥33.41 | x |
| 2000-12-31 | CN¥0.60 | CN¥33.41 | x |
| 2001-12-31 | CN¥0.70 | CN¥33.41 | x |
| 2002-12-31 | CN¥2.93 | CN¥33.41 | x |
| 2003-12-31 | CN¥3.23 | CN¥33.41 | x |
| 2004-12-31 | CN¥3.32 | CN¥33.41 | x |
| 2005-12-31 | CN¥3.91 | CN¥33.41 | x |
| 2006-12-31 | CN¥4.97 | CN¥33.41 | x |
| 2007-12-31 | CN¥5.50 | CN¥33.41 | x |
| 2008-12-31 | CN¥8.90 | CN¥33.41 | x |
| 2009-12-31 | CN¥9.08 | CN¥33.41 | x |
| 2010-12-31 | CN¥8.39 | CN¥33.41 | x |
| 2011-12-31 | CN¥8.45 | CN¥33.41 | x |
| 2012-12-31 | CN¥8.43 | CN¥33.41 | x |
| 2013-12-31 | CN¥8.41 | CN¥33.41 | x |
| 2014-12-31 | CN¥9.10 | CN¥33.41 | x |
| 2015-12-31 | CN¥7.85 | CN¥33.41 | x |
| 2016-12-31 | CN¥8.36 | CN¥33.41 | x |
| 2017-12-31 | CN¥7.97 | CN¥33.41 | x |
| 2018-12-31 | CN¥8.24 | CN¥33.41 | x |
| 2019-12-31 | CN¥8.68 | CN¥33.41 | x |
| 2020-12-31 | CN¥9.32 | CN¥33.41 | x |
| 2021-12-31 | CN¥12.74 | CN¥33.41 | x |
| 2022-12-31 | CN¥12.96 | CN¥33.41 | x |
| 2023-12-31 | CN¥13.68 | CN¥33.41 | x |
| 2024-12-31 | CN¥14.56 | CN¥33.41 | 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: $2,097,600,613
- Average return on equity (ROE) among peers: -10.60%
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 | $2.34 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $6.53 Billion | 7.20% | 1.18x | $4.18 Billion |
| Inner Mongolia Xingye Mining Co Ltd (000426) | $172.15 Million | 11.73% | 0.40x | $11.01 Billion |
| Shengda Mining Co Ltd (000603) | $2.65 Billion | 7.64% | 0.07x | $3.68 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $3.61 Billion | -165.98% | 1.67x | $4.95 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $590.59 Million | 5.60% | 0.83x | $19.40 Billion |
| Guocheng Mining Co Ltd (000688) | $-823.22 Million | 0.00% | 0.00x | $8.93 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $2.38 Billion | 9.10% | 0.75x | $1.44 Billion |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $1.25 Billion | 12.63% | 0.68x | $2.04 Billion |
| Tibet Mineral Development Co Ltd (000762) | $2.10 Billion | 0.69% | 0.23x | $2.95 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $2.52 Billion | 5.36% | 0.77x | $1.53 Billion |
About BaoJi Titanium Industry Co Ltd
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