General Steel Holdings Inc
General Steel Holdings, Inc. engages in the business of cell research, development, storage, and cell culture service in the People's Republic of China. General Steel Holdings, Inc. was incorporated in 2002 and is headquartered in Beijing, the People's Republic of China.
General Steel Holdings Inc (GSIH) - Net Assets
Latest net assets as of June 2019: $3.97 Million USD
Based on the latest financial reports, General Steel Holdings Inc (GSIH) has net assets worth $3.97 Million USD as of June 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($14.13 Million) and total liabilities ($10.16 Million). 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 | $3.97 Million |
| % of Total Assets | 28.1% |
| Annual Growth Rate | -5.81% |
| 5-Year Change | N/A |
| 10-Year Change | -95.1% |
| Growth Volatility | 166.46 |
General Steel Holdings Inc - Net Assets Trend (2005–2018)
This chart illustrates how General Steel Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for General Steel Holdings Inc (2005–2018)
The table below shows the annual net assets of General Steel Holdings Inc from 2005 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | $8.15 Million | +96.72% |
| 2017-12-31 | $4.14 Million | +109.77% |
| 2016-12-31 | $-42.40 Million | 0.00% |
| 2015-12-31 | $-42.40 Million | +92.46% |
| 2014-12-31 | $-562.12 Million | -13.79% |
| 2013-12-31 | $-494.00 Million | -13.30% |
| 2012-12-31 | $-436.01 Million | -166.70% |
| 2011-12-31 | $-163.48 Million | -234.53% |
| 2010-12-31 | $121.52 Million | -26.94% |
| 2009-12-31 | $166.33 Million | +45.60% |
| 2008-12-31 | $114.24 Million | +19.70% |
| 2007-12-31 | $95.43 Million | +371.37% |
| 2006-12-31 | $20.25 Million | +14.15% |
| 2005-12-31 | $17.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to General Steel Holdings Inc'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 23181.5% over the analyzed period, potentially due to dividend distributions or operating losses.
- The company has 10.3% of equity in treasury stock, representing shares repurchased from the open market.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $46.51K | 0.57% |
| Treasury Stock | $839.69K | 10.31% |
| Other Comprehensive Income | $4.32 Million | 52.96% |
| Other Components | $1.26 Billion | 15487.96% |
| Total Equity | $8.15 Million | 100.00% |
General Steel Holdings Inc Competitors by Market Cap
The table below lists competitors of General Steel Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COBA
OTCGREY:COBA
|
$4.36K |
|
Khanh Hoa Power JSC
VN:KHP
|
$4.36K |
|
CGE Energy Inc
PINK:CGEI
|
$4.36K |
|
Harvest Fund Management - Jingdong Warehouse Logistic Fund
SHG:508098
|
$4.36K |
|
Educational Book JSC
VN:EBS
|
$4.35K |
|
International Industries Ltd
KAR:INIL
|
$4.35K |
|
WARIMPEX FIN- U.BET
BE:WFS
|
$4.35K |
|
PaperCorea Inc.
KQ:001020
|
$4.34K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in General Steel Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 4,141,616 to 8,147,441, a change of 4,005,825 (96.7%).
- Net loss of 1,202,423 reduced equity.
- Share repurchases of 750,000 reduced equity.
- New share issuances of 750,000 increased equity.
- Other comprehensive income increased equity by 4,315,124.
- Other factors increased equity by 893,124.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.20 Million | -14.76% |
| Share Repurchases | $750.00K | -9.21% |
| Share Issuances | $750.00K | +9.21% |
| Other Comprehensive Income | $4.32 Million | +52.96% |
| Other Changes | $893.12K | +10.96% |
| Total Change | $- | 96.72% |
Book Value vs Market Value Analysis
This analysis compares General Steel Holdings Inc'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: 0.00x
- 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 |
|---|---|---|---|
| 2013-12-31 | $-5.47 | $0.00 | x |
| 2014-12-31 | $-5.57 | $0.00 | x |
| 2015-12-31 | $-2.42 | $0.00 | x |
| 2016-12-31 | $-3.04 | $0.00 | x |
| 2017-12-31 | $0.21 | $0.00 | x |
| 2018-12-31 | $0.34 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently General Steel Holdings Inc 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): -14.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.19x
- Recent ROE (-14.76%) is below the historical average (-7.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 22.19% | 3.05% | 1.52x | 4.78x | $1.50 Million |
| 2006 | 7.35% | 0.74% | 1.89x | 5.25x | $-373.00K |
| 2007 | 42.00% | 2.90% | 1.61x | 8.96x | $17.09 Million |
| 2012 | 0.00% | -5.33% | 1.08x | 0.00x | $-126.30 Million |
| 2013 | 0.00% | -1.25% | 0.98x | 0.00x | $-2.51 Million |
| 2014 | 0.00% | -2.05% | 0.93x | 0.00x | $-14.22 Million |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-785.10 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.38 Million |
| 2017 | -133.34% | 0.00% | 0.00x | 3.55x | $-5.94 Million |
| 2018 | -14.76% | 0.00% | 0.00x | 2.19x | $-2.02 Million |
Industry Comparison
This section compares General Steel Holdings Inc'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 |
|---|---|---|---|---|
| General Steel Holdings Inc (GSIH) | $3.97 Million | 22.19% | 2.56x | $4.35K |
| 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 | $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 |