Chongqing Iron & Steel Company Limited (CGP) - Net Assets
Based on the latest financial reports, Chongqing Iron & Steel Company Limited (CGP) has net assets worth €16.49 Billion EUR (≈ $19.28 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€35.51 Billion ≈ $41.52 Billion USD) and total liabilities (€19.02 Billion ≈ $22.24 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. Also explore CGP total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €16.49 Billion |
| % of Total Assets | 46.44% |
| Annual Growth Rate | 4.78% |
| 5-Year Change | -17.13% |
| 10-Year Change | 314.32% |
| Growth Volatility | 34.9 |
Chongqing Iron & Steel Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Chongqing Iron & Steel Company Limited's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see how much is Chongqing Iron & Steel Company Limited worth.
Annual Net Assets for Chongqing Iron & Steel Company Limited (2013–2024)
The table below shows the annual net assets of Chongqing Iron & Steel Company Limited from 2013 to 2024. Explore Chongqing Iron & Steel Company Limited cash flow conversion to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €16.61 Billion ≈ $19.41 Billion |
-16.36% |
| 2023-12-31 | €19.85 Billion ≈ $23.21 Billion |
-6.97% |
| 2022-12-31 | €21.34 Billion ≈ $24.95 Billion |
-4.62% |
| 2021-12-31 | €22.38 Billion ≈ $26.16 Billion |
+11.66% |
| 2020-12-31 | €20.04 Billion ≈ $23.43 Billion |
+3.31% |
| 2019-12-31 | €19.40 Billion ≈ $22.68 Billion |
+4.66% |
| 2018-12-31 | €18.53 Billion ≈ $21.67 Billion |
+10.28% |
| 2017-12-31 | €16.80 Billion ≈ $19.65 Billion |
+15741.20% |
| 2016-12-31 | €-107.43 Million ≈ $-125.60 Million |
-102.68% |
| 2015-12-31 | €4.01 Billion ≈ $4.69 Billion |
-59.89% |
| 2014-12-31 | €9.99 Billion ≈ $11.68 Billion |
+0.57% |
| 2013-12-31 | €9.94 Billion ≈ $11.62 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Chongqing Iron & Steel Company Limited'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 1099625188831.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €28.77 Billion | 173.26% |
| Total Equity | €16.61 Billion | 100.00% |
Chongqing Iron & Steel Company Limited Competitors by Market Cap
The table below lists competitors of Chongqing Iron & Steel Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DrayTek Corp
TW:6216
|
$74.25 Million |
|
CORERO NETWORK SEC.LS-01
F:NYA1
|
$74.25 Million |
|
Chinese Gamer International
TWO:3083
|
$74.25 Million |
|
Kaulin Mfg
TW:1531
|
$74.30 Million |
|
Team Inc
NYSE:TISI
|
$74.19 Million |
|
Interlink Telecom Public Company Limited
BK:ITEL
|
$74.18 Million |
|
Gemfields Group Limited
F:5PH
|
$74.14 Million |
|
ABITARE IN S.P.A.
F:1BN
|
$74.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing Iron & Steel Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,854,330,952 to 16,606,635,984, a change of -3,247,694,968 (-16.4%).
- Net loss of 3,195,561,486 reduced equity.
- Dividend payments of 154,962,406 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.20 Billion | -19.24% |
| Dividends Paid | €154.96 Million | -0.93% |
| Other Changes | €102.83 Million | +0.62% |
| Total Change | €- | -16.36% |
Book Value vs Market Value Analysis
This analysis compares Chongqing Iron & Steel Company Limited'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: 0.06x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1.88 | €0.12 | x |
| 2018-12-31 | €2.08 | €0.12 | x |
| 2019-12-31 | €2.17 | €0.12 | x |
| 2020-12-31 | €2.25 | €0.12 | x |
| 2021-12-31 | €2.51 | €0.12 | x |
| 2022-12-31 | €2.39 | €0.12 | x |
| 2023-12-31 | €2.23 | €0.12 | x |
| 2024-12-31 | €1.86 | €0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing Iron & Steel Company Limited 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): -19.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.73%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.14x
- Recent ROE (-19.24%) is below the historical average (-14.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -25.20% | -14.23% | 0.37x | 4.84x | €-3.49 Billion |
| 2014 | 0.52% | 0.42% | 0.26x | 4.73x | €-945.96 Million |
| 2015 | -150.10% | -71.70% | 0.21x | 9.83x | €-6.39 Billion |
| 2016 | 0.00% | -106.14% | 0.12x | 0.00x | €-4.67 Billion |
| 2017 | 1.91% | 2.42% | 0.53x | 1.50x | €-1.35 Billion |
| 2018 | 9.65% | 7.90% | 0.84x | 1.45x | €-65.26 Million |
| 2019 | 4.77% | 3.94% | 0.87x | 1.39x | €-1.01 Billion |
| 2020 | 3.19% | 2.61% | 0.61x | 1.99x | €-1.37 Billion |
| 2021 | 10.16% | 5.71% | 0.93x | 1.92x | €36.87 Million |
| 2022 | -4.78% | -2.79% | 0.93x | 1.84x | €-3.15 Billion |
| 2023 | -7.53% | -3.80% | 1.05x | 1.88x | €-3.48 Billion |
| 2024 | -19.24% | -11.73% | 0.77x | 2.14x | €-4.86 Billion |
Industry Comparison
This section compares Chongqing Iron & Steel Company Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $15,158,718,333
- Average return on equity (ROE) among peers: 9.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Iron & Steel Company Limited (CGP) | €16.49 Billion | -25.20% | 1.15x | $74.24 Million |
| Tiangong International Company Limited (34T1) | $3.93 Billion | 11.79% | 1.13x | $1.09 Billion |
| Zanaga Iron Ore Company Limited (6ZA) | $85.20 Million | 9.50% | 0.01x | $33.09 Million |
| Aperam SA (7AA) | $3.39 Billion | 18.43% | 0.84x | $2.84 Billion |
| APERAM S.A. NY SHS/1 O.N. (7AAN) | $3.37 Billion | 6.86% | 0.73x | $2.60 Billion |
| ACERINOX ADR 1/2/EO-25 (ACE) | $2.10 Billion | -1.91% | 1.68x | $3.22 Billion |
| ArcelorMittal SA (ARRD) | $2.97 Billion | 9.73% | 0.76x | $35.56 Billion |
| BCI Minerals Limited (BC3) | $172.66 Million | 12.73% | 0.32x | $658.02 Million |
| Da Ming International Holdings Limited (DM7) | $1.75 Billion | 5.58% | 1.98x | $106.54 Million |
| EREGLI DEM CEL FABR DL1 (EDVA) | $118.66 Billion | 15.17% | 0.47x | $3.02 Billion |
About Chongqing Iron & Steel Company Limited
Chongqing Iron & Steel Company Limited, together with its subsidiaries, engages in the production and sale of steel plates in the People's Republic of China. It offers wide and thick plates, including boiler and pressure vessel steel plates, steel plates, carbon structural steel plates, and value-added steel plates; hot-rolled thin plates, raw material coils, and hot-rolled strip products; rebars… Read more