Tibet Tourism Co Ltd

SHG:600749 China Lodging
Market Cap
$513.80 Million
CN¥3.77 Billion CNY
Market Cap Rank
#15103 Global
#4016 in China
Share Price
CN¥16.61
Change (1 day)
+0.12%
52-Week Range
CN¥10.50 - CN¥29.49
All Time High
CN¥29.49
Categories
Companies in China Lodging
About

Tibet Tourism Co.,Ltd engages in the tourism, attractions, services, and commerce business in China. The company engages in the operation of tourist scenic spots, which includes tourism reception, short-distance transportation, content experience, and commercial leasing; and tourism service business comprising exhibition services, tourism product sales, online travel platforms, and domestic and i… Read more

Tibet Tourism Co Ltd (600749) - Net Assets

Latest net assets as of September 2025: CN¥1.08 Billion CNY

Based on the latest financial reports, Tibet Tourism Co Ltd (600749) has net assets worth CN¥1.08 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¥1.46 Billion) and total liabilities (CN¥377.50 Million). 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¥1.08 Billion
% of Total Assets 74.09%
Annual Growth Rate 19.09%
5-Year Change 0.76%
10-Year Change 60.51%
Growth Volatility 108.07

Tibet Tourism Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Tibet Tourism 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 Tourism Co Ltd (1993–2024)

The table below shows the annual net assets of Tibet Tourism Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.04 Billion +2.14%
2023-12-31 CN¥1.02 Billion +2.37%
2022-12-31 CN¥997.40 Million -3.00%
2021-12-31 CN¥1.03 Billion -0.65%
2020-12-31 CN¥1.04 Billion -1.82%
2019-12-31 CN¥1.05 Billion +0.24%
2018-12-31 CN¥1.05 Billion +130.50%
2017-12-31 CN¥456.25 Million -15.20%
2016-12-31 CN¥538.01 Million -17.19%
2015-12-31 CN¥649.73 Million +1.55%
2014-12-31 CN¥639.81 Million -5.39%
2013-12-31 CN¥676.29 Million +0.90%
2012-12-31 CN¥670.27 Million +2.25%
2011-12-31 CN¥655.55 Million +108.27%
2010-12-31 CN¥314.77 Million +6.88%
2009-12-31 CN¥294.50 Million +1.01%
2008-12-31 CN¥291.54 Million -12.48%
2007-12-31 CN¥333.10 Million +181.11%
2006-12-31 CN¥118.49 Million +5.26%
2005-12-31 CN¥112.58 Million +12.87%
2004-12-31 CN¥99.74 Million +15.71%
2003-12-31 CN¥86.20 Million +17.78%
2002-12-31 CN¥73.18 Million -13.00%
2001-12-31 CN¥84.12 Million -24.73%
2000-12-31 CN¥111.76 Million +6.17%
1999-12-31 CN¥105.26 Million -9.37%
1998-12-31 CN¥116.14 Million +6.30%
1997-12-31 CN¥109.25 Million +9.10%
1996-12-31 CN¥100.14 Million +184.68%
1995-12-31 CN¥35.18 Million +554.22%
1994-12-31 CN¥5.38 Million +16.01%
1993-12-31 CN¥4.63 Million --

Equity Component Analysis

This analysis shows how different components contribute to Tibet Tourism 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 decreased by 13266348100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥226.97 Million 21.80%
Other Comprehensive Income CN¥190.59K 0.02%
Other Components CN¥946.68 Million 90.92%
Total Equity CN¥1.04 Billion 100.00%

Tibet Tourism Co Ltd Competitors by Market Cap

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

Company Market Cap
Vine Hill Capital Investment Corp. Class A Ordinary Shares
NASDAQ:VCIC
 		$197.52 Million
PTG Energy PCL
BK:PTG
 		$197.63 Million
Grieg Seafood ASA
PINK:GRGSF
 		$197.72 Million
GeoPark Ltd
NYSE:GPRK
 		$197.80 Million
GR Engineering Services Ltd
AU:GNG
 		$197.43 Million
8x8, Inc.
LSE:0IFS
 		$197.43 Million
Impact Growth REIT
BK:IMPACT
 		$197.41 Million
Aeris Resources Ltd
AU:AIS
 		$197.35 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,018,585,418 to 1,041,175,072, a change of 22,589,654 (2.2%).
  • Net income of 16,686,907 contributed positively to equity growth.
  • Dividend payments of 8,902,054 reduced retained earnings.
  • Other comprehensive income decreased equity by 208,894.
  • Other factors increased equity by 15,013,695.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥16.69 Million +1.6%
Dividends Paid CN¥8.90 Million -0.86%
Other Comprehensive Income CN¥-208.89K -0.02%
Other Changes CN¥15.01 Million +1.44%
Total Change CN¥- 2.22%

Book Value vs Market Value Analysis

This analysis compares Tibet Tourism 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: 3.56x
  • 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 429.87x to 3.56x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.04 CN¥16.61 x
1994-12-31 CN¥0.04 CN¥16.61 x
1995-12-31 CN¥0.29 CN¥16.61 x
1996-12-31 CN¥0.83 CN¥16.61 x
1997-12-31 CN¥0.91 CN¥16.61 x
1998-12-31 CN¥0.96 CN¥16.61 x
1999-12-31 CN¥0.87 CN¥16.61 x
2000-12-31 CN¥0.92 CN¥16.61 x
2001-12-31 CN¥0.70 CN¥16.61 x
2002-12-31 CN¥0.61 CN¥16.61 x
2003-12-31 CN¥0.70 CN¥16.61 x
2004-12-31 CN¥0.78 CN¥16.61 x
2005-12-31 CN¥0.89 CN¥16.61 x
2006-12-31 CN¥0.94 CN¥16.61 x
2007-12-31 CN¥3.16 CN¥16.61 x
2008-12-31 CN¥1.71 CN¥16.61 x
2009-12-31 CN¥1.71 CN¥16.61 x
2010-12-31 CN¥1.84 CN¥16.61 x
2011-12-31 CN¥3.56 CN¥16.61 x
2012-12-31 CN¥3.47 CN¥16.61 x
2013-12-31 CN¥3.48 CN¥16.61 x
2014-12-31 CN¥3.33 CN¥16.61 x
2015-12-31 CN¥3.35 CN¥16.61 x
2016-12-31 CN¥2.85 CN¥16.61 x
2017-12-31 CN¥2.43 CN¥16.61 x
2018-12-31 CN¥4.85 CN¥16.61 x
2019-12-31 CN¥4.65 CN¥16.61 x
2020-12-31 CN¥4.64 CN¥16.61 x
2021-12-31 CN¥4.62 CN¥16.61 x
2022-12-31 CN¥4.48 CN¥16.61 x
2023-12-31 CN¥4.51 CN¥16.61 x
2024-12-31 CN¥4.67 CN¥16.61 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tibet Tourism 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): 1.60%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.82%
  • • Asset Turnover: 0.14x
  • • Equity Multiplier: 1.46x
  • Recent ROE (1.60%) is below the historical average (1.76%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 42.66% 49.46% 0.27x 3.25x CN¥1.51 Million
1994 30.88% 29.35% 0.29x 3.61x CN¥1.12 Million
1995 4.44% 10.81% 0.25x 1.65x CN¥-1.96 Million
1996 5.49% 19.22% 0.20x 1.40x CN¥-4.52 Million
1997 8.34% 31.28% 0.19x 1.42x CN¥-1.81 Million
1998 6.50% 19.44% 0.21x 1.59x CN¥-4.02 Million
1999 0.81% 1.99% 0.22x 1.85x CN¥-9.58 Million
2000 6.02% 17.50% 0.19x 1.84x CN¥-4.41 Million
2001 -32.16% -87.32% 0.16x 2.32x CN¥-35.18 Million
2002 -16.26% -42.76% 0.17x 2.26x CN¥-19.09 Million
2003 1.62% 2.00% 0.31x 2.63x CN¥-7.00 Million
2004 11.23% 4.57% 0.81x 3.03x CN¥1.16 Million
2005 13.73% 6.49% 0.70x 3.01x CN¥3.97 Million
2006 9.16% 5.25% 0.55x 3.18x CN¥-943.66K
2007 2.46% 5.61% 0.24x 1.80x CN¥-24.43 Million
2008 -14.74% -80.32% 0.08x 2.18x CN¥-69.81 Million
2009 0.37% 1.07% 0.16x 2.21x CN¥-27.28 Million
2010 7.00% 17.04% 0.20x 2.01x CN¥-9.12 Million
2011 1.66% 5.28% 0.21x 1.50x CN¥-53.75 Million
2012 1.71% 6.88% 0.14x 1.72x CN¥-54.35 Million
2013 1.19% 4.38% 0.15x 1.77x CN¥-58.04 Million
2014 -5.32% -20.91% 0.12x 2.12x CN¥-96.39 Million
2015 0.84% 3.52% 0.08x 2.92x CN¥-58.12 Million
2016 -17.63% -75.35% 0.10x 2.46x CN¥-149.09 Million
2017 -17.19% -55.90% 0.11x 2.90x CN¥-125.22 Million
2018 2.02% 11.91% 0.13x 1.28x CN¥-84.27 Million
2019 1.98% 11.09% 0.14x 1.25x CN¥-84.67 Million
2020 0.46% 3.77% 0.09x 1.32x CN¥-98.64 Million
2021 -0.82% -4.85% 0.11x 1.49x CN¥-111.00 Million
2022 -3.09% -25.47% 0.09x 1.37x CN¥-130.34 Million
2023 1.42% 6.81% 0.14x 1.51x CN¥-87.36 Million
2024 1.60% 7.82% 0.14x 1.46x CN¥-87.43 Million

Industry Comparison

This section compares Tibet Tourism Co Ltd's net assets metrics with peer companies in the Lodging industry.

Industry Context

  • Industry: Lodging
  • Average net assets among peers: $6,262,529,102
  • Average return on equity (ROE) among peers: -15.80%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tibet Tourism Co Ltd (600749) CN¥1.08 Billion 42.66% 0.35x $197.51 Million
ShenZhen Zero-Seven Co Ltd (000007) $296.79 Million 2.24% 1.66x $266.60 Million
Shenzhen Overseas Chinese Town Co Ltd (000069) $48.12 Billion 14.32% 2.04x $1.17 Billion
Huatian Hotel Group Co Ltd (000428) $1.84 Billion -32.41% 2.33x $235.38 Million
Zhang Jia Jie Tourism Group Co Ltd (000430) $289.60 Million -201.00% 6.21x $220.00 Million
XiAn Tourism Co Ltd (000610) $832.22 Million 1.30% 0.39x $205.79 Million
Guilin Tourism Corp Ltd (000978) $1.60 Billion 2.33% 0.92x $234.55 Million
LiJiang YuLong Tourism Co Ltd (002033) $90.60 Million 22.62% 0.34x $384.99 Million
Yunnan Tourism Co Ltd (002059) $817.36 Million 2.05% 0.29x $250.95 Million
SSAW Hotels & Resorts Group Co.Ltd. (301073) $252.33 Million 28.63% 0.81x $403.13 Million
China CYTS Tours Holding Co Ltd (600138) $8.49 Billion 1.89% 1.08x $711.50 Million