Tibet Huayu Mining Co Ltd (601020) - Net Assets
Based on the latest financial reports, Tibet Huayu Mining Co Ltd (601020) has net assets worth CN¥6.42 Billion CNY (≈ $939.03 Million 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¥10.55 Billion ≈ $1.54 Billion USD) and total liabilities (CN¥4.13 Billion ≈ $604.04 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. Check Tibet Huayu Mining Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.42 Billion |
| % of Total Assets | 60.85% |
| Annual Growth Rate | 20.49% |
| 5-Year Change | 94.18% |
| 10-Year Change | 302.01% |
| Growth Volatility | 17.69 |
Tibet Huayu Mining Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Tibet Huayu Mining Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Tibet Huayu Mining Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tibet Huayu Mining Co Ltd (2011–2025)
The table below shows the annual net assets of Tibet Huayu Mining Co Ltd from 2011 to 2025. For live valuation and market cap data, see 601020 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.47 Billion ≈ $947.30 Million |
+58.33% |
| 2024-12-31 | CN¥4.09 Billion ≈ $598.31 Million |
+16.70% |
| 2023-12-31 | CN¥3.50 Billion ≈ $512.68 Million |
+0.40% |
| 2022-12-31 | CN¥3.49 Billion ≈ $510.64 Million |
+4.67% |
| 2021-12-31 | CN¥3.33 Billion ≈ $487.84 Million |
+4.91% |
| 2020-12-31 | CN¥3.18 Billion ≈ $465.02 Million |
+12.67% |
| 2019-12-31 | CN¥2.82 Billion ≈ $412.73 Million |
+6.84% |
| 2018-12-31 | CN¥2.64 Billion ≈ $386.30 Million |
+40.43% |
| 2017-12-31 | CN¥1.88 Billion ≈ $275.09 Million |
+16.74% |
| 2016-12-31 | CN¥1.61 Billion ≈ $235.64 Million |
+39.74% |
| 2015-12-31 | CN¥1.15 Billion ≈ $168.63 Million |
+15.87% |
| 2014-12-31 | CN¥994.58 Million ≈ $145.54 Million |
+22.25% |
| 2013-12-31 | CN¥813.53 Million ≈ $119.05 Million |
+13.01% |
| 2012-12-31 | CN¥719.89 Million ≈ $105.34 Million |
+51.28% |
| 2011-12-31 | CN¥475.87 Million ≈ $69.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tibet Huayu Mining 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 1037.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.46 Billion | 56.94% |
| Other Components | CN¥1.86 Billion | 43.06% |
| Total Equity | CN¥4.33 Billion | 100.00% |
Tibet Huayu Mining Co Ltd Competitors by Market Cap
The table below lists competitors of Tibet Huayu Mining Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cal-Comp Electronics (Thailand) Public Company Limited
BK:CCET
|
$2.93 Billion |
|
ZIM Integrated Shipping Services Ltd
NYSE:ZIM
|
$2.93 Billion |
|
CECO Environmental Corp.
NASDAQ:CECO
|
$2.93 Billion |
|
Nickel Industries Ltd
AU:NIC
|
$2.93 Billion |
|
People Incorporated
NASDAQ:PPLI
|
$2.93 Billion |
|
Maximus Inc
NYSE:MMS
|
$2.93 Billion |
|
Zhongshan Broad-Ocean Motor Co Ltd
SHE:002249
|
$2.93 Billion |
|
Anyuan Coal Industry Group Co Ltd
SHG:600397
|
$2.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tibet Huayu Mining Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,370,759,303 to 4,326,551,142, a change of 955,791,839 (28.4%).
- Net income of 870,733,069 contributed positively to equity growth.
- Dividend payments of 87,448,445 reduced retained earnings.
- Other factors increased equity by 172,507,215.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥870.73 Million | +20.13% |
| Dividends Paid | CN¥87.45 Million | -2.02% |
| Other Changes | CN¥172.51 Million | +3.99% |
| Total Change | CN¥- | 28.36% |
Book Value vs Market Value Analysis
This analysis compares Tibet Huayu Mining 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: 4.63x
- 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 10.27x to 4.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥2.38 | CN¥24.43 | x |
| 2012-12-31 | CN¥2.55 | CN¥24.43 | x |
| 2013-12-31 | CN¥1.18 | CN¥24.43 | x |
| 2014-12-31 | CN¥1.47 | CN¥24.43 | x |
| 2015-12-31 | CN¥1.65 | CN¥24.43 | x |
| 2016-12-31 | CN¥2.11 | CN¥24.43 | x |
| 2017-12-31 | CN¥2.46 | CN¥24.43 | x |
| 2018-12-31 | CN¥2.72 | CN¥24.43 | x |
| 2019-12-31 | CN¥3.00 | CN¥24.43 | x |
| 2020-12-31 | CN¥3.37 | CN¥24.43 | x |
| 2021-12-31 | CN¥3.43 | CN¥24.43 | x |
| 2022-12-31 | CN¥3.68 | CN¥24.43 | x |
| 2023-12-31 | CN¥3.53 | CN¥24.43 | x |
| 2024-12-31 | CN¥4.26 | CN¥24.43 | x |
| 2025-12-31 | CN¥5.28 | CN¥24.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tibet Huayu Mining 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): 20.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.05%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 2.40x
- Recent ROE (20.13%) is above the historical average (15.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 40.44% | 39.45% | 0.50x | 2.04x | CN¥144.87 Million |
| 2012 | 46.50% | 44.80% | 0.59x | 1.76x | CN¥260.58 Million |
| 2013 | 16.34% | 25.24% | 0.28x | 2.29x | CN¥48.97 Million |
| 2014 | 21.39% | 30.49% | 0.34x | 2.06x | CN¥108.68 Million |
| 2015 | 15.14% | 27.16% | 0.27x | 2.04x | CN¥55.21 Million |
| 2016 | 12.18% | 28.01% | 0.27x | 1.64x | CN¥33.50 Million |
| 2017 | 16.85% | 33.66% | 0.31x | 1.64x | CN¥123.74 Million |
| 2018 | 11.29% | 19.62% | 0.29x | 1.96x | CN¥25.66 Million |
| 2019 | 5.72% | 8.24% | 0.33x | 2.07x | CN¥-93.65 Million |
| 2020 | 2.88% | 3.04% | 0.48x | 1.95x | CN¥-179.25 Million |
| 2021 | 5.62% | 10.70% | 0.28x | 1.87x | CN¥-117.35 Million |
| 2022 | 5.16% | 26.15% | 0.11x | 1.87x | CN¥-138.11 Million |
| 2023 | 2.55% | 8.48% | 0.16x | 1.87x | CN¥-215.75 Million |
| 2024 | 7.52% | 15.70% | 0.28x | 1.72x | CN¥-83.75 Million |
| 2025 | 20.13% | 42.05% | 0.20x | 2.40x | CN¥438.08 Million |
Industry Comparison
This section compares Tibet Huayu Mining 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: $1,816,103,229
- Average return on equity (ROE) among peers: 8.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tibet Huayu Mining Co Ltd (601020) | CN¥6.42 Billion | 40.44% | 0.64x | $2.93 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $3.76 Billion | 32.01% | 1.11x | $4.96 Billion |
| Inner Mongolia Xingye Mining Co Ltd (000426) | $1.35 Billion | 1.76% | 0.93x | $10.28 Billion |
| Shengda Mining Co Ltd (000603) | $3.54 Billion | 10.31% | 0.52x | $2.66 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $4.41 Billion | 10.92% | 0.64x | $4.35 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $227.78 Million | 16.91% | 0.96x | $32.84 Billion |
| Guocheng Mining Co Ltd (000688) | $235.99 Million | 13.55% | 1.14x | $6.57 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $2.63 Billion | 7.71% | 0.74x | $1.22 Billion |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $940.73 Million | -14.99% | 0.42x | $2.05 Billion |
| Tibet Mineral Development Co Ltd (000762) | $525.07 Million | 0.19% | 0.44x | $2.30 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $544.22 Million | 9.15% | 0.61x | $1.63 Billion |
About Tibet Huayu Mining Co Ltd
Tibet Huayu Mining Co., Ltd. engages in mining, processing, exploration, and sale of lead, zinc, copper, and other nonferrous metals in China. The company engages in the mining of copper, lead, and zinc polymetallic; non-ferrous metal trading; solid mineral exploration; sale of mining equipment; mineral information consulting services; experimental equipment laboratory equipment; chemical product… Read more