SALZGITTER UNSP.ADR 1/10 (SZGA) - Net Assets
Based on the latest financial reports, SALZGITTER UNSP.ADR 1/10 (SZGA) has net assets worth €4.42 Billion EUR (≈ $5.17 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 (€10.58 Billion ≈ $12.37 Billion USD) and total liabilities (€6.16 Billion ≈ $7.20 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. Explore cash flow conversion of SALZGITTER UNSP.ADR 1/10 to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.42 Billion |
| % of Total Assets | 41.79% |
| Annual Growth Rate | 9.84% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 23.14 |
SALZGITTER UNSP.ADR 1/10 - Net Assets Trend (2021–2024)
This chart illustrates how SALZGITTER UNSP.ADR 1/10's net assets have evolved over time, based on quarterly financial data. Also explore SALZGITTER UNSP.ADR 1/10 asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for SALZGITTER UNSP.ADR 1/10 (2021–2024)
The table below shows the annual net assets of SALZGITTER UNSP.ADR 1/10 from 2021 to 2024. For live valuation and market cap data, see SZGA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €4.45 Billion ≈ $5.20 Billion |
-7.98% |
| 2023-12-31 | €4.83 Billion ≈ $5.65 Billion |
-0.33% |
| 2022-12-31 | €4.85 Billion ≈ $5.67 Billion |
+44.49% |
| 2021-12-31 | €3.36 Billion ≈ $3.92 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to SALZGITTER UNSP.ADR 1/10'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 34.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.32 Billion | 97.19% |
| Other Components | €124.60 Million | 2.81% |
| Total Equity | €4.44 Billion | 100.00% |
SALZGITTER UNSP.ADR 1/10 Competitors by Market Cap
The table below lists competitors of SALZGITTER UNSP.ADR 1/10 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Cogeneration Corp
TW:8926
|
$1.71 Billion |
|
Shoals Technologies Group Inc
NASDAQ:SHLS
|
$1.71 Billion |
|
Pavilion Real Estate Inv Trust
KLSE:5212
|
$1.71 Billion |
|
Three's Company Media Group Co Ltd
SHG:605168
|
$1.72 Billion |
|
The Jammu & Kashmir Bank Limited
NSE:J&KBANK
|
$1.71 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
$1.71 Billion |
|
Darbond Technology Co. Ltd. A
SHG:688035
|
$1.71 Billion |
|
Tien Phong Commercial Joint Stock Bank
VN:TPB
|
$1.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SALZGITTER UNSP.ADR 1/10's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,826,900,000 to 4,441,400,000, a change of -385,500,000 (-8.0%).
- Net loss of 352,200,000 reduced equity.
- Dividend payments of 24,300,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-352.20 Million | -7.93% |
| Dividends Paid | €24.30 Million | -0.55% |
| Other Changes | €-9.00 Million | -0.2% |
| Total Change | €- | -7.99% |
Book Value vs Market Value Analysis
This analysis compares SALZGITTER UNSP.ADR 1/10'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 |
|---|---|---|---|
| 2021-12-31 | €61.87 | €4.98 | x |
| 2022-12-31 | €89.49 | €4.98 | x |
| 2023-12-31 | €89.24 | €4.98 | x |
| 2024-12-31 | €82.12 | €4.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SALZGITTER UNSP.ADR 1/10 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): -7.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.52%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.36x
- Recent ROE (-7.93%) is below the historical average (8.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 17.37% | 5.95% | 0.95x | 3.06x | €246.47 Million |
| 2022 | 22.34% | 8.62% | 1.13x | 2.29x | €597.48 Million |
| 2023 | 4.15% | 1.85% | 1.03x | 2.18x | €-282.59 Million |
| 2024 | -7.93% | -3.52% | 0.96x | 2.36x | €-796.34 Million |
Industry Comparison
This section compares SALZGITTER UNSP.ADR 1/10's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $23,476,486,700
- Average return on equity (ROE) among peers: 9.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SALZGITTER UNSP.ADR 1/10 (SZGA) | €4.42 Billion | 17.37% | 1.39x | $1.71 Billion |
| Tiangong International Company Limited (34T1) | $3.88 Billion | 1.87% | 1.16x | $1.09 Billion |
| Zanaga Iron Ore Company Limited (6ZA) | $37.58 Million | -4.85% | 0.00x | $22.87 Million |
| Aperam SA (7AA) | $3.39 Billion | 18.43% | 0.84x | $3.49 Billion |
| APERAM S.A. NY SHS/1 O.N. (7AAN) | $3.21 Billion | 0.28% | 0.61x | $3.49 Billion |
| ACERINOX ADR 1/2/EO-25 (ACE) | $2.46 Billion | 9.26% | 1.48x | $3.22 Billion |
| ArcelorMittal SA (ARRD) | $7.59 Billion | 61.94% | 1.52x | $39.90 Billion |
| BCI Minerals Limited (BC3) | $431.46 Million | 2.17% | 0.43x | $628.64 Million |
| Chongqing Iron & Steel Company Limited (CGP) | $19.40 Billion | 4.77% | 0.39x | $66.69 Million |
| Da Ming International Holdings Limited (DM7) | $2.84 Billion | -1.25% | 3.38x | $95.52 Million |
| EREGLI DEM CEL FABR DL1 (EDVA) | $191.53 Billion | 2.11% | 0.62x | $3.00 Billion |
About SALZGITTER UNSP.ADR 1/10
Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading. The Steel Processing segment produces… Read more