ArcelorMittal South Africa Ltd
ArcelorMittal South Africa Limited manufactures and sells steel products in South Africa and internationally. It operates through Steel Operations and Non-Steel Operations segments. The company offers flat steel products, such as hot rolled plate, hot rolled coil " pickled and oiled, cold rolled coil, galvanized coil, color coil, and electrogalvanized coil; light bay and heavy bay steel castings;… Read more
ArcelorMittal South Africa Ltd (ARCXF) - Net Assets
Latest net assets as of December 2025: $-314.85 Million USD
Based on the latest financial reports, ArcelorMittal South Africa Ltd (ARCXF) has net assets worth $-314.85 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($20.98 Billion) and total liabilities ($21.30 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 | $-314.85 Million |
| % of Total Assets | -1.5% |
| Annual Growth Rate | N/A |
| 5-Year Change | -103.48% |
| 10-Year Change | -102.32% |
| Growth Volatility | 71.76 |
ArcelorMittal South Africa Ltd - Net Assets Trend (2003–2025)
This chart illustrates how ArcelorMittal South Africa Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ArcelorMittal South Africa Ltd (2003–2025)
The table below shows the annual net assets of ArcelorMittal South Africa Ltd from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-314.85 Million | -116.04% |
| 2024-12-31 | $1.96 Billion | -74.83% |
| 2023-12-31 | $7.80 Billion | -33.20% |
| 2022-12-31 | $11.68 Billion | +28.96% |
| 2021-12-31 | $9.05 Billion | +286.22% |
| 2020-12-31 | $2.34 Billion | -31.16% |
| 2019-12-31 | $3.40 Billion | -57.23% |
| 2018-12-31 | $7.96 Billion | -1.20% |
| 2017-12-31 | $8.06 Billion | -40.50% |
| 2016-12-31 | $13.54 Billion | +0.53% |
| 2015-12-31 | $13.47 Billion | -34.99% |
| 2014-12-31 | $20.72 Billion | +0.14% |
| 2013-12-31 | $20.69 Billion | -6.96% |
| 2012-12-31 | $22.24 Billion | -1.88% |
| 2011-12-31 | $22.67 Billion | +0.50% |
| 2010-12-31 | $22.56 Billion | +2.88% |
| 2009-12-31 | $21.93 Billion | -21.68% |
| 2008-12-31 | $28.00 Billion | +36.01% |
| 2007-12-31 | $20.58 Billion | -10.29% |
| 2006-12-31 | $22.94 Billion | +17.55% |
| 2005-12-31 | $19.52 Billion | +21.62% |
| 2004-12-31 | $16.05 Billion | +23.67% |
| 2003-12-31 | $12.98 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ArcelorMittal South Africa 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 decreased by 169543500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.51 Billion | % |
| Total Equity | $-314.85 Million | 100.00% |
ArcelorMittal South Africa Ltd Competitors by Market Cap
The table below lists competitors of ArcelorMittal South Africa Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
0G4W
LSE:0G4W
|
$14.02 Million |
|
Phatra Leasing Public Company Limited
BK:PL
|
$14.02 Million |
|
Auto& Inc.
KQ:353590
|
$14.02 Million |
|
Danya Cebus
TA:DNYA
|
$14.03 Million |
|
Banxa Holdings Inc
PINK:BNXAF
|
$14.02 Million |
|
Sabuy Technology Public Company Limited
BK:SABUY
|
$14.01 Million |
|
Advanced Connection Technology
TWO:3492
|
$14.01 Million |
|
B&S Group SA
AS:BSGR
|
$14.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ArcelorMittal South Africa Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,963,000,000 to -314,852,000, a change of -2,277,852,000 (-116.0%).
- Net loss of 2,880,352,000 reduced equity.
- Other comprehensive income decreased equity by 471,000,000.
- Other factors increased equity by 1,073,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.88 Billion | -914.83% |
| Other Comprehensive Income | $-471.00 Million | -149.59% |
| Other Changes | $1.07 Billion | +340.95% |
| Total Change | $- | -116.04% |
Book Value vs Market Value Analysis
This analysis compares ArcelorMittal South Africa 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $29.01 | $0.07 | x |
| 2004-12-31 | $35.87 | $0.07 | x |
| 2005-12-31 | $43.68 | $0.07 | x |
| 2006-12-31 | $51.39 | $0.07 | x |
| 2007-12-31 | $46.04 | $0.07 | x |
| 2008-12-31 | $62.57 | $0.07 | x |
| 2009-12-31 | $51.75 | $0.07 | x |
| 2010-12-31 | $56.19 | $0.07 | x |
| 2011-12-31 | $56.47 | $0.07 | x |
| 2012-12-31 | $55.44 | $0.07 | x |
| 2013-12-31 | $25.91 | $0.07 | x |
| 2014-12-31 | $22.71 | $0.07 | x |
| 2015-12-31 | $14.76 | $0.07 | x |
| 2016-12-31 | $12.75 | $0.07 | x |
| 2017-12-31 | $7.58 | $0.07 | x |
| 2018-12-31 | $7.28 | $0.07 | x |
| 2019-12-31 | $3.10 | $0.07 | x |
| 2020-12-31 | $2.13 | $0.07 | x |
| 2021-12-31 | $8.12 | $0.07 | x |
| 2022-12-31 | $10.47 | $0.07 | x |
| 2023-12-31 | $7.00 | $0.07 | x |
| 2024-12-31 | $1.76 | $0.07 | x |
| 2025-12-31 | $-0.28 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ArcelorMittal South Africa 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.98%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-20.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 12.37% | 8.68% | 1.00x | 1.43x | $307.40 Million |
| 2004 | 30.46% | 21.19% | 0.97x | 1.48x | $3.28 Billion |
| 2005 | 25.97% | 21.08% | 0.93x | 1.32x | $3.12 Billion |
| 2006 | 20.47% | 18.52% | 0.83x | 1.33x | $2.40 Billion |
| 2007 | 27.77% | 19.49% | 1.04x | 1.37x | $3.66 Billion |
| 2008 | 33.51% | 23.50% | 1.07x | 1.34x | $6.58 Billion |
| 2009 | -2.18% | -1.87% | 0.83x | 1.40x | $-2.67 Billion |
| 2010 | 5.96% | 4.45% | 0.95x | 1.41x | $-910.60 Million |
| 2011 | 0.04% | 0.03% | 0.97x | 1.43x | $-2.26 Billion |
| 2012 | -2.28% | -1.57% | 1.05x | 1.39x | $-2.73 Billion |
| 2013 | -10.37% | -6.62% | 0.99x | 1.58x | $-4.22 Billion |
| 2014 | -0.76% | -0.45% | 1.06x | 1.59x | $-2.23 Billion |
| 2015 | -64.10% | -27.73% | 1.01x | 2.30x | $-9.98 Billion |
| 2016 | -34.75% | -14.38% | 1.07x | 2.26x | $-6.06 Billion |
| 2017 | -63.64% | -13.14% | 1.25x | 3.87x | $-5.93 Billion |
| 2018 | 17.21% | 3.03% | 1.59x | 3.59x | $573.90 Million |
| 2019 | -137.33% | -11.31% | 1.84x | 6.60x | $-5.02 Billion |
| 2020 | -84.17% | -8.01% | 1.13x | 9.30x | $-2.21 Billion |
| 2021 | 73.18% | 16.68% | 1.36x | 3.21x | $5.72 Billion |
| 2022 | 22.56% | 6.46% | 1.36x | 2.57x | $1.47 Billion |
| 2023 | -50.26% | -9.41% | 1.43x | 3.73x | $-4.70 Billion |
| 2024 | -297.45% | -15.13% | 1.55x | 12.71x | $-6.04 Billion |
| 2025 | 0.00% | -8.98% | 1.53x | 0.00x | $-2.85 Billion |
Industry Comparison
This section compares ArcelorMittal South Africa Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $8,977,622,600
- Average return on equity (ROE) among peers: 0.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ArcelorMittal South Africa Ltd (ARCXF) | $-314.85 Million | 12.37% | N/A | $14.02 Million |
| Acerinox S.A. (ACRXF) | $1.93 Billion | -3.09% | 1.28x | $1.71 Billion |
| ArcelorMittal SA (AMSYF) | $11.98 Billion | 27.55% | 1.59x | $12.85 Billion |
| Angang Steel Company Limited (ANGGF) | $50.39 Billion | 11.12% | 0.77x | $641.51 Million |
| Aperam PK (APEMY) | $3.79 Billion | 7.21% | 0.73x | $1.17 Billion |
| Aperam SA (APMSF) | $2.52 Billion | 11.35% | 0.72x | $1.31 Billion |
| Algoma Steel Group Inc (ASTL) | $173.80 Million | -92.29% | 7.94x | $280.31 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.74 Million |
| BCI Minerals Limited (BIRNF) | $103.61 Million | 12.45% | 0.26x | $227.67 Million |
| BlueScope Steel Limited (BLSFF) | $10.45 Billion | 26.90% | 0.59x | $5.72 Billion |