Industrias CH S. A. B. de C. V (ICHB) - Net Assets

Latest as of December 2025: MX$70.38 Billion MXN ≈ $4.05 Billion USD

Based on the latest financial reports, Industrias CH S. A. B. de C. V (ICHB) has net assets worth MX$70.38 Billion MXN (≈ $4.05 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$80.09 Billion ≈ $4.61 Billion USD) and total liabilities (MX$9.72 Billion ≈ $559.19 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 how large is Industrias CH S. A. B. de C. V's balance sheet for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$70.38 Billion
% of Total Assets	87.87%
Annual Growth Rate	12.02%
5-Year Change	38.62%
10-Year Change	71.89%
Growth Volatility	14.7

Industrias CH S. A. B. de C. V - Net Assets Trend (2000–2025)

This chart illustrates how Industrias CH S. A. B. de C. V's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Industrias CH S. A. B. de C. V (ICHB) total market value.

Annual Net Assets for Industrias CH S. A. B. de C. V (2000–2025)

The table below shows the annual net assets of Industrias CH S. A. B. de C. V from 2000 to 2025. Explore cash flow conversion of Industrias CH S. A. B. de C. V to assess how effectively this company generates cash.

Year	Net Assets	Change
2025-12-31	MX$70.38 Billion ≈ $4.05 Billion	-1.65%
2024-12-31	MX$71.56 Billion ≈ $4.12 Billion	+18.94%
2023-12-31	MX$60.16 Billion ≈ $3.46 Billion	+3.54%
2022-12-31	MX$58.10 Billion ≈ $3.34 Billion	+14.45%
2021-12-31	MX$50.77 Billion ≈ $2.92 Billion	+24.18%
2020-12-31	MX$40.88 Billion ≈ $2.35 Billion	+1.57%
2019-12-31	MX$40.25 Billion ≈ $2.32 Billion	-6.47%
2018-12-31	MX$43.03 Billion ≈ $2.48 Billion	+3.22%
2017-12-31	MX$41.69 Billion ≈ $2.40 Billion	+1.83%
2016-12-31	MX$40.94 Billion ≈ $2.36 Billion	+29.21%
2015-12-31	MX$31.69 Billion ≈ $1.82 Billion	-7.73%
2014-12-31	MX$34.34 Billion ≈ $1.98 Billion	+5.24%
2013-12-31	MX$32.63 Billion ≈ $1.88 Billion	+4.64%
2012-12-31	MX$31.19 Billion ≈ $1.79 Billion	+5.52%
2011-12-31	MX$29.56 Billion ≈ $1.70 Billion	+18.24%
2010-12-31	MX$25.00 Billion ≈ $1.44 Billion	+2.50%
2009-12-31	MX$24.39 Billion ≈ $1.40 Billion	-3.45%
2008-12-31	MX$25.26 Billion ≈ $1.45 Billion	+17.68%
2007-12-31	MX$21.46 Billion ≈ $1.24 Billion	+32.74%
2006-12-31	MX$16.17 Billion ≈ $930.57 Million	+23.19%
2005-12-31	MX$13.13 Billion ≈ $755.41 Million	+37.30%
2004-12-31	MX$9.56 Billion ≈ $550.20 Million	+38.01%
2003-12-31	MX$6.93 Billion ≈ $398.68 Million	+34.64%
2002-12-31	MX$5.15 Billion ≈ $296.11 Million	-5.66%
2001-12-31	MX$5.45 Billion ≈ $313.88 Million	+32.21%
2000-12-31	MX$4.13 Billion ≈ $237.41 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Industrias CH S. A. B. de C. V'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 8555.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	MX$46.08 Billion	81.00%
Other Components	MX$10.81 Billion	19.00%
Total Equity	MX$56.89 Billion	100.00%

Industrias CH S. A. B. de C. V Competitors by Market Cap

The table below lists competitors of Industrias CH S. A. B. de C. V ranked by their market capitalization.

Company	Market Cap
CSSC Offshore & Marine Engineering Group Co Ltd SHG:600685	$3.86 Billion
Dalmia Bharat Limited NSE:DALBHARAT	$3.87 Billion
Lepu Medical Tech Beijing SHE:300003	$3.87 Billion
Tanger Factory Outlet Centers Inc NYSE:SKT	$3.87 Billion
Wonik Ips Co. Ltd KQ:240810	$3.86 Billion
Dhc Software Co Ltd SHE:002065	$3.86 Billion
Escorts Kubota Limited NSE:ESCORTS	$3.86 Billion
PT Trimegah Bangun Persada Tbk JK:NCKL	$3.86 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Industrias CH S. A. B. de C. V's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 58,117,573,000 to 56,894,288,000, a change of -1,223,285,000 (-2.1%).
Net income of 1,035,959,000 contributed positively to equity growth.
Share repurchases of 477,396,000 reduced equity.
Other factors decreased equity by 1,781,848,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	MX$1.04 Billion	+1.82%
Share Repurchases	MX$477.40 Million	-0.84%
Other Changes	MX$-1.78 Billion	-3.13%
Total Change	MX$-	-2.10%

Book Value vs Market Value Analysis

This analysis compares Industrias CH S. A. B. de C. V'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: 1.18x
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 2.10x to 1.18x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	MX$77.91	MX$163.50	x
2018-12-31	MX$80.31	MX$163.50	x
2019-12-31	MX$74.98	MX$163.50	x
2020-12-31	MX$76.63	MX$163.50	x
2021-12-31	MX$94.63	MX$163.50	x
2022-12-31	MX$108.24	MX$163.50	x
2023-12-31	MX$111.99	MX$163.50	x
2024-12-31	MX$133.12	MX$163.50	x
2025-12-31	MX$138.61	MX$163.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Industrias CH S. A. B. de C. V 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): 1.82%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.14%
• Asset Turnover: 0.41x
• Equity Multiplier: 1.41x
Recent ROE (1.82%) is below the historical average (8.87%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	8.15%	21.22%	0.32x	1.20x	MX$-76.37 Million
2001	6.57%	10.69%	0.41x	1.51x	MX$-185.87 Million
2002	11.13%	14.46%	0.36x	2.14x	MX$51.02 Million
2003	13.07%	17.60%	0.45x	1.66x	MX$192.45 Million
2004	21.90%	22.86%	0.60x	1.59x	MX$1.02 Billion
2005	13.14%	9.87%	0.83x	1.61x	MX$376.77 Million
2006	15.93%	8.91%	1.18x	1.51x	MX$867.87 Million
2007	9.59%	6.24%	0.97x	1.59x	MX$-72.61 Million
2008	11.00%	5.93%	1.10x	1.69x	MX$211.68 Million
2010	2.52%	1.94%	0.83x	1.58x	MX$-1.56 Billion
2011	12.11%	9.21%	0.86x	1.52x	MX$520.20 Million
2012	6.96%	5.58%	0.83x	1.51x	MX$-784.85 Million
2013	5.43%	5.31%	0.69x	1.47x	MX$-1.24 Billion
2014	2.31%	2.11%	0.72x	1.53x	MX$-2.17 Billion
2015	-11.14%	-10.00%	0.73x	1.53x	MX$-5.44 Billion
2016	13.10%	14.27%	0.63x	1.46x	MX$1.04 Billion
2017	4.52%	4.63%	0.63x	1.54x	MX$-1.86 Billion
2018	8.46%	7.21%	0.74x	1.58x	MX$-538.60 Million
2019	-3.10%	-2.68%	0.72x	1.61x	MX$-4.29 Billion
2020	7.76%	6.56%	0.73x	1.62x	MX$-749.40 Million
2021	20.77%	13.83%	0.92x	1.64x	MX$4.45 Billion
2022	15.74%	12.07%	0.80x	1.62x	MX$2.71 Billion
2023	7.85%	8.23%	0.62x	1.55x	MX$-1.05 Billion
2024	16.15%	24.45%	0.46x	1.45x	MX$3.57 Billion
2025	1.82%	3.14%	0.41x	1.41x	MX$-4.65 Billion

Industry Comparison

This section compares Industrias CH S. A. B. de C. V's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $13,247,681,000
Average return on equity (ROE) among peers: 9.45%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Industrias CH S. A. B. de C. V (ICHB)	MX$70.38 Billion	8.15%	0.14x	$3.86 Billion
G Collado S.A.B. de C.V (COLLADO)	$702.72 Million	0.00%	5.31x	$86.35 Million
Gerdau S.A (GGBN)	$42.82 Billion	36.34%	0.72x	$5.56 Billion
Companhia Siderúrgica Nacional (SIDN)	$5.73 Billion	-1.83%	7.68x	$1.76 Billion
Grupo Simec S.A.B. de C.V (SIMECB)	$3.74 Billion	3.28%	0.45x	$4.82 Billion

About Industrias CH S. A. B. de C. V

MX:ICHB Mexico Steel

Market Cap

$3.86 Billion

MX$67.11 Billion MXN

Market Cap Rank

#4235 Global

#55 in Mexico

Share Price

MX$163.50

Change (1 day)

+0.15%

52-Week Range

MX$163.01 - MX$185.00

All Time High

MX$234.95