China Steel Corporation
China Steel Corporation manufactures and sells steel products in Taiwan, Vietnam, Malaysia, China, India, and internationally. It offers steel plates primarily for use in construction structures, shipbuilding, bridge beams, oil country tabular goods, machine structures, pressure vessels, and in climate/corrosion-resistant steel plates; steel bars and wire rods for applications in general and mach… Read more
China Steel Corporation (CISXF) - Net Assets
Latest net assets as of September 2025: $323.64 Billion USD
Based on the latest financial reports, China Steel Corporation (CISXF) has net assets worth $323.64 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 ($674.94 Billion) and total liabilities ($351.30 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 | $323.64 Billion |
| % of Total Assets | 47.95% |
| Annual Growth Rate | 2.12% |
| 5-Year Change | 5.69% |
| 10-Year Change | 6.47% |
| Growth Volatility | 6.35 |
China Steel Corporation - Net Assets Trend (2006–2024)
This chart illustrates how China Steel Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Steel Corporation (2006–2024)
The table below shows the annual net assets of China Steel Corporation from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $341.49 Billion | -0.22% |
| 2023-12-31 | $342.25 Billion | -4.09% |
| 2022-12-31 | $356.85 Billion | -7.78% |
| 2021-12-31 | $386.96 Billion | +19.76% |
| 2020-12-31 | $323.11 Billion | -2.74% |
| 2019-12-31 | $332.21 Billion | -3.09% |
| 2018-12-31 | $342.80 Billion | +3.27% |
| 2017-12-31 | $331.95 Billion | +0.72% |
| 2016-12-31 | $329.58 Billion | +2.76% |
| 2015-12-31 | $320.72 Billion | -4.17% |
| 2014-12-31 | $334.69 Billion | +4.80% |
| 2013-12-31 | $319.37 Billion | +4.54% |
| 2012-12-31 | $305.50 Billion | -2.12% |
| 2011-12-31 | $312.11 Billion | +8.14% |
| 2010-12-31 | $288.60 Billion | +9.41% |
| 2009-12-31 | $263.79 Billion | +3.45% |
| 2008-12-31 | $254.98 Billion | -0.37% |
| 2007-12-31 | $255.93 Billion | +9.31% |
| 2006-12-31 | $234.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Steel Corporation'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 79.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $17.13 Billion | 5.68% |
| Common Stock | $157.35 Billion | 52.22% |
| Other Comprehensive Income | $-3.48 Billion | -1.15% |
| Other Components | $130.30 Billion | 43.25% |
| Total Equity | $301.30 Billion | 100.00% |
China Steel Corporation Competitors by Market Cap
The table below lists competitors of China Steel Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aecom Technology Corporation
NYSE:ACM
|
$11.40 Billion |
|
Toyota Tsusho Corporation
PINK:TYHOF
|
$11.42 Billion |
|
Synnex Corporation
NYSE:SNX
|
$11.42 Billion |
|
Will Semiconductor Co Ltd
SHG:603501
|
$11.43 Billion |
|
Straumann Holding AG
PINK:SAUHF
|
$11.38 Billion |
|
Five Below Inc
NASDAQ:FIVE
|
$11.36 Billion |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657
|
$11.36 Billion |
|
Lamar Advertising Company
NASDAQ:LAMR
|
$11.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Steel Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 305,766,490,000 to 301,300,171,000, a change of -4,466,319,000 (-1.5%).
- Net income of 1,978,352,000 contributed positively to equity growth.
- Dividend payments of 5,505,817,000 reduced retained earnings.
- Share repurchases of 333,972,000 reduced equity.
- Other comprehensive income decreased equity by 3,522,554,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.98 Billion | +0.66% |
| Dividends Paid | $5.51 Billion | -1.83% |
| Share Repurchases | $333.97 Million | -0.11% |
| Other Comprehensive Income | $-3.52 Billion | -1.17% |
| Other Changes | $2.92 Billion | +0.97% |
| Total Change | $- | -1.46% |
Book Value vs Market Value Analysis
This analysis compares China Steel Corporation'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: 0.75x
- 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.
- The price-to-book ratio has decreased from 1.02x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $14.59 | $14.90 | x |
| 2007-12-31 | $15.96 | $14.90 | x |
| 2008-12-31 | $16.89 | $14.90 | x |
| 2009-12-31 | $16.73 | $14.90 | x |
| 2010-12-31 | $18.09 | $14.90 | x |
| 2011-12-31 | $19.17 | $14.90 | x |
| 2012-12-31 | $18.01 | $14.90 | x |
| 2013-12-31 | $18.73 | $14.90 | x |
| 2014-12-31 | $19.60 | $14.90 | x |
| 2015-12-31 | $19.03 | $14.90 | x |
| 2016-12-31 | $19.55 | $14.90 | x |
| 2017-12-31 | $19.64 | $14.90 | x |
| 2018-12-31 | $20.14 | $14.90 | x |
| 2019-12-31 | $19.57 | $14.90 | x |
| 2020-12-31 | $19.02 | $14.90 | x |
| 2021-12-31 | $22.40 | $14.90 | x |
| 2022-12-31 | $20.67 | $14.90 | x |
| 2023-12-31 | $19.85 | $14.90 | x |
| 2024-12-31 | $19.75 | $14.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Steel Corporation 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): 0.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.55%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.31x
- Recent ROE (0.66%) is below the historical average (7.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 19.24% | 14.06% | 0.80x | 1.70x | $18.81 Billion |
| 2007 | 23.02% | 15.50% | 0.91x | 1.64x | $29.00 Billion |
| 2008 | 10.07% | 6.24% | 0.83x | 1.94x | $156.36 Million |
| 2009 | 8.05% | 7.81% | 0.53x | 1.93x | $-4.73 Billion |
| 2010 | 14.13% | 10.73% | 0.64x | 2.04x | $10.99 Billion |
| 2011 | 6.75% | 4.86% | 0.66x | 2.12x | $-9.37 Billion |
| 2012 | 2.09% | 1.62% | 0.58x | 2.22x | $-22.02 Billion |
| 2013 | 5.52% | 4.59% | 0.51x | 2.35x | $-12.99 Billion |
| 2014 | 7.27% | 6.05% | 0.54x | 2.24x | $-8.31 Billion |
| 2015 | 2.58% | 2.67% | 0.42x | 2.30x | $-21.83 Billion |
| 2016 | 5.30% | 5.47% | 0.43x | 2.23x | $-14.22 Billion |
| 2017 | 5.56% | 4.87% | 0.52x | 2.20x | $-13.50 Billion |
| 2018 | 7.82% | 6.10% | 0.59x | 2.16x | $-6.84 Billion |
| 2019 | 2.91% | 2.41% | 0.55x | 2.20x | $-21.45 Billion |
| 2020 | 0.77% | 0.72% | 0.49x | 2.17x | $-27.07 Billion |
| 2021 | 17.78% | 13.25% | 0.68x | 1.97x | $27.15 Billion |
| 2022 | 5.56% | 3.96% | 0.66x | 2.14x | $-14.21 Billion |
| 2023 | 0.55% | 0.46% | 0.54x | 2.22x | $-28.89 Billion |
| 2024 | 0.66% | 0.55% | 0.52x | 2.31x | $-28.15 Billion |
Industry Comparison
This section compares China Steel Corporation's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $10,879,360,340
- Average return on equity (ROE) among peers: 3.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Steel Corporation (CISXF) | $323.64 Billion | 19.24% | 1.09x | $11.38 Billion |
| 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 |
| ArcelorMittal South Africa Ltd (ARCXF) | $28.00 Billion | 33.51% | 0.34x | $14.02 Million |
| Algoma Steel Group Inc (ASTL) | $173.80 Million | -92.29% | 7.94x | $268.31 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.22 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 |