ANGANG STEEL -H-
ANGANG STEEL -H- operates in Diversified Metals & Mining.
ANGANG STEEL -H- (GNV) - Net Assets
Latest net assets as of September 2024: €50.62 Billion EUR
Based on the latest financial reports, ANGANG STEEL -H- (GNV) has net assets worth €50.62 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€98.90 Billion) and total liabilities (€48.27 Billion). 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 | €50.62 Billion |
| % of Total Assets | 51.19% |
| Annual Growth Rate | 2.92% |
| 5-Year Change | 5.41% |
| 10-Year Change | N/A |
| Growth Volatility | 6.1 |
ANGANG STEEL -H- - Net Assets Trend (2016–2023)
This chart illustrates how ANGANG STEEL -H-'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ANGANG STEEL -H- (2016–2023)
The table below shows the annual net assets of ANGANG STEEL -H- from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €55.39 Billion | -5.79% |
| 2022-12-31 | €58.80 Billion | -2.32% |
| 2021-12-31 | €60.19 Billion | +11.76% |
| 2020-12-31 | €53.86 Billion | +2.49% |
| 2019-12-31 | €52.55 Billion | +0.16% |
| 2018-12-31 | €52.47 Billion | +4.13% |
| 2017-12-31 | €50.39 Billion | +11.26% |
| 2016-12-31 | €45.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ANGANG STEEL -H-'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 173.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €6.80 Billion | 12.43% |
| Other Components | €47.91 Billion | 87.57% |
| Total Equity | €54.70 Billion | 100.00% |
ANGANG STEEL -H- Competitors by Market Cap
The table below lists competitors of ANGANG STEEL -H- ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YETU MICROFINANCE PLC
DSE:YETU
|
$2.00K |
|
Milton Essex S.A.
WAR:MTN
|
$2.01K |
|
ESGold Corp.
OTCQB:ESAUF
|
$2.01K |
|
CN RESOURCES CEMENT
MU:C44
|
$2.01K |
|
MLTND
PINK:MLTND
|
$2.00K |
|
ChinaAMC Huaxia Hefei High-Tech Innovation Industrial Park Closed Infrastructure Sec Investment Fund
SHE:180102
|
$2.00K |
|
SASINI LTD
XNAI:SASINI
|
$1.99K |
|
Eco Buildings Group plc
LSE:ECOB
|
$1.99K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ANGANG STEEL -H-'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 58,140,000,000 to 54,704,000,000, a change of -3,436,000,000 (-5.9%).
- Net loss of 3,257,000,000 reduced equity.
- Dividend payments of 276,000,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.26 Billion | -5.95% |
| Dividends Paid | €276.00 Million | -0.5% |
| Other Changes | €97.00 Million | +0.18% |
| Total Change | €- | -5.91% |
Book Value vs Market Value Analysis
This analysis compares ANGANG STEEL -H-'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: 0.04x
- 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 | €5.31 | €0.21 | x |
| 2018-12-31 | €5.52 | €0.21 | x |
| 2019-12-31 | €5.54 | €0.21 | x |
| 2020-12-31 | €5.67 | €0.21 | x |
| 2021-12-31 | €6.34 | €0.21 | x |
| 2022-12-31 | €6.18 | €0.21 | x |
| 2023-12-31 | €5.83 | €0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ANGANG STEEL -H- 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): -5.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.87%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 1.77x
- Recent ROE (-5.95%) is below the historical average (5.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.60% | 2.79% | 0.66x | 1.96x | €-2.87 Billion |
| 2017 | 11.22% | 6.65% | 0.95x | 1.79x | €607.70 Million |
| 2018 | 15.30% | 7.56% | 1.17x | 1.73x | €2.76 Billion |
| 2019 | 3.43% | 1.69% | 1.20x | 1.69x | €-3.42 Billion |
| 2020 | 3.71% | 1.96% | 1.15x | 1.65x | €-3.36 Billion |
| 2021 | 11.61% | 5.07% | 1.40x | 1.63x | €958.40 Million |
| 2022 | 0.27% | 0.12% | 1.35x | 1.67x | €-5.66 Billion |
| 2023 | -5.95% | -2.87% | 1.17x | 1.77x | €-8.73 Billion |
Industry Comparison
This section compares ANGANG STEEL -H-'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ANGANG STEEL -H- (GNV) | €50.62 Billion | 3.60% | 0.95x | $2.00K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |