Snowsky Salt Industry Group Co Ltd Net Assets

Latest as of March 2026: CN¥8.67 Billion CNY ≈ $1.27 Billion USD

Snowsky Salt Industry Group Co Ltd net assets. Based on the latest financial reports, Snowsky Salt Industry Group Co Ltd (600929) has net assets worth CN¥8.67 Billion CNY (≈ $1.27 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥12.69 Billion ≈ $1.86 Billion USD) and total liabilities (CN¥4.02 Billion ≈ $588.68 Million 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. Also explore Snowsky Salt Industry Group Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥8.67 Billion
% of Total Assets	68.31%
Annual Growth Rate	16.87%
5-Year Change	64.0%
10-Year Change	378.2%
Growth Volatility	22.4

Net Assets of Snowsky Salt Industry Group Co Ltd (2014–2025)

Net assets of Snowsky Salt Industry Group Co Ltd from 2014 to 2025. This chart illustrates how Snowsky Salt Industry Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Snowsky Salt Industry Group Co Ltd to measure how much of total assets are equity-financed.

Annual Net Assets for Snowsky Salt Industry Group Co Ltd (2014–2025)

The table below shows the annual net assets of Snowsky Salt Industry Group Co Ltd from 2014 to 2025. For live market cap and overall valuation, see Snowsky Salt Industry Group Co Ltd stock valuation.

Year	Net Assets	Change
2025-12-31	CN¥8.53 Billion ≈ $1.25 Billion	+4.02%
2024-12-31	CN¥8.20 Billion ≈ $1.20 Billion	+0.28%
2023-12-31	CN¥8.17 Billion ≈ $1.20 Billion	+23.65%
2022-12-31	CN¥6.61 Billion ≈ $967.41 Million	+27.15%
2021-12-31	CN¥5.20 Billion ≈ $760.81 Million	+81.85%
2020-12-31	CN¥2.86 Billion ≈ $418.37 Million	+9.48%
2019-12-31	CN¥2.61 Billion ≈ $382.16 Million	+1.88%
2018-12-31	CN¥2.56 Billion ≈ $375.10 Million	+31.49%
2017-12-31	CN¥1.95 Billion ≈ $285.27 Million	+9.33%
2016-12-31	CN¥1.78 Billion ≈ $260.93 Million	+4.35%
2015-12-31	CN¥1.71 Billion ≈ $250.06 Million	+11.37%
2014-12-31	CN¥1.53 Billion ≈ $224.53 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Snowsky Salt 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 411.8% over the analyzed period, indicating profitable operations and earnings retention.

Snowsky Salt Industry Group Co Ltd Net Assets Breakdown (December 2025)

Snowsky Salt Industry Group Co Ltd net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	CN¥1.81 Billion	23.96%
Other Components	CN¥5.74 Billion	76.04%
Total Equity	CN¥7.54 Billion	100.00%

Snowsky Salt Industry Group Co Ltd Competitors by Market Cap

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

Company	Market Cap
Fras-le S.A SA:FRAS3	$1.18 Billion
Tennant Company NYSE:TNC	$1.18 Billion
Nomad Foods Limited F:0NH	$1.18 Billion
Adtran Networks SE F:ADV	$1.18 Billion
He Bei Cheng De LoLo Co Ltd SHE:000848	$1.18 Billion
JiLin Sino-Microelectronics Co Ltd SHG:600360	$1.18 Billion
Dole plc F:4CB	$1.18 Billion
Carter’s Inc NYSE:CRI	$1.18 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 7,629,183,868 to 7,543,628,405, a change of -85,555,463 (-1.1%).
Net income of 77,017,241 contributed positively to equity growth.
Dividend payments of 152,970,349 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥77.02 Million	+1.02%
Dividends Paid	CN¥152.97 Million	-2.03%
Other Changes	CN¥-9.60 Million	-0.13%
Total Change	CN¥-	-1.12%

Book Value vs Market Value Analysis

This analysis compares Snowsky Salt 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: 1.07x
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 2.73x to 1.07x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-12-31	CN¥1.80	CN¥4.92	x
2015-12-31	CN¥1.72	CN¥4.92	x
2016-12-31	CN¥1.81	CN¥4.92	x
2017-12-31	CN¥1.97	CN¥4.92	x
2018-12-31	CN¥2.60	CN¥4.92	x
2019-12-31	CN¥2.70	CN¥4.92	x
2020-12-31	CN¥2.01	CN¥4.92	x
2021-12-31	CN¥3.56	CN¥4.92	x
2022-12-31	CN¥4.41	CN¥4.92	x
2023-12-31	CN¥4.89	CN¥4.92	x
2024-12-31	CN¥4.69	CN¥4.92	x
2025-12-31	CN¥4.60	CN¥4.92	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Snowsky Salt 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): 1.02%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.42%
• Asset Turnover: 0.44x
• Equity Multiplier: 1.64x
Recent ROE (1.02%) is below the historical average (7.91%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	11.67%	7.25%	0.69x	2.35x	CN¥23.51 Million
2015	12.94%	9.02%	0.65x	2.22x	CN¥46.27 Million
2016	8.36%	6.37%	0.66x	1.97x	CN¥-27.24 Million
2017	8.42%	6.89%	0.71x	1.72x	CN¥-28.59 Million
2018	5.96%	6.18%	0.64x	1.50x	CN¥-96.46 Million
2019	5.93%	6.47%	0.63x	1.45x	CN¥-100.70 Million
2020	7.06%	5.43%	0.77x	1.68x	CN¥-80.09 Million
2021	7.96%	8.40%	0.57x	1.66x	CN¥-102.65 Million
2022	12.38%	11.94%	0.69x	1.50x	CN¥147.75 Million
2023	9.26%	11.32%	0.56x	1.46x	CN¥-56.79 Million
2024	3.98%	5.64%	0.49x	1.44x	CN¥-459.09 Million
2025	1.02%	1.42%	0.44x	1.64x	CN¥-677.35 Million

Industry Comparison

This section compares Snowsky Salt Industry Group Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

Industry: Chemicals
Average net assets among peers: $620,114,492
Average return on equity (ROE) among peers: 11.48%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Snowsky Salt Industry Group Co Ltd (600929)	CN¥8.67 Billion	11.67%	0.46x	$1.18 Billion
North Huajin Chemical Industries Co Ltd (000059)	$1.29 Billion	-4.70%	0.93x	$1.07 Billion
Sichuan Chemical Co Ltd (000155)	$1.46 Billion	0.78%	1.19x	$2.48 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301)	$1.34 Billion	-3.45%	1.43x	$10.07 Billion
Zangge Holding Co Ltd (000408)	$44.66 Million	14.35%	2.09x	$15.25 Billion
Sichuan Jinlu Group Co Ltd (000510)	$250.86 Million	12.61%	0.84x	$909.16 Million
Jilin Gpro Titanium Industry Co Ltd (000545)	$24.25 Million	13.70%	13.57x	$277.26 Million
Aoyuan Beauty Valley Technology Co Ltd (000615)	$781.20 Million	17.38%	0.91x	$779.47 Million
Ningxia Younglight Chemicals Co Ltd (000635)	$31.53 Million	19.31%	2.12x	$547.90 Million
Maoming Petro-Chemical Shihua Co Ltd (000637)	$941.85 Million	6.52%	0.36x	$282.23 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683)	$30.43 Million	38.29%	2.28x	$3.33 Billion

About Snowsky Salt Industry Group Co Ltd

SHG:600929 China Chemicals

Market Cap

$1.18 Billion

CN¥8.07 Billion CNY

Market Cap Rank

#7919 Global

#1761 in China

Share Price

CN¥4.92

Change (1 day)

+0.41%

52-Week Range

CN¥4.54 - CN¥7.24

All Time High

CN¥21.20