Sgis Songshan Co Ltd

SHE:000717 China Steel
Market Cap
$951.40 Million
CN¥6.98 Billion CNY
Market Cap Rank
#10857 Global
#2464 in China
Share Price
CN¥2.88
Change (1 day)
+7.06%
52-Week Range
CN¥2.33 - CN¥3.13
All Time High
CN¥9.12
Categories
Companies in China Steel
About

Guangdong Zhongnan Iron and Steel Co., Ltd. engages in the production and sale of iron and steel metallurgical products. The company offers steel; carbon steel wire rod and other type of wire rod; hot rolled wire rod; structural wire rod and steel plates; steel plates; alloy mold plate; and mold steel. It also sells mineral products and coal. In addition, the company offers general freight; wharf… Read more

Sgis Songshan Co Ltd (000717) - Net Assets

Latest net assets as of September 2025: CN¥7.85 Billion CNY

Based on the latest financial reports, Sgis Songshan Co Ltd (000717) has net assets worth CN¥7.85 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥20.01 Billion) and total liabilities (CN¥12.16 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 CN¥7.85 Billion
% of Total Assets 39.25%
Annual Growth Rate 11.2%
5-Year Change -16.85%
10-Year Change 2128.37%
Growth Volatility 108.39

Sgis Songshan Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Sgis Songshan Co 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 Sgis Songshan Co Ltd (1994–2024)

The table below shows the annual net assets of Sgis Songshan Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥7.91 Billion -13.22%
2023-12-31 CN¥9.11 Billion -0.84%
2022-12-31 CN¥9.19 Billion -16.10%
2021-12-31 CN¥10.95 Billion +15.18%
2020-12-31 CN¥9.51 Billion +18.90%
2019-12-31 CN¥8.00 Billion +29.48%
2018-12-31 CN¥6.18 Billion +107.82%
2017-12-31 CN¥2.97 Billion +548.34%
2016-12-31 CN¥458.49 Million +29.19%
2015-12-31 CN¥354.90 Million -87.92%
2014-12-31 CN¥2.94 Billion -32.44%
2013-12-31 CN¥4.35 Billion +59.20%
2012-12-31 CN¥2.73 Billion -41.64%
2011-12-31 CN¥4.68 Billion -19.57%
2010-12-31 CN¥5.82 Billion +0.35%
2009-12-31 CN¥5.80 Billion +1.62%
2008-12-31 CN¥5.70 Billion -22.97%
2007-12-31 CN¥7.41 Billion +39.07%
2006-12-31 CN¥5.33 Billion +7.00%
2005-12-31 CN¥4.98 Billion -0.77%
2004-12-31 CN¥5.02 Billion +16.13%
2003-12-31 CN¥4.32 Billion +58.27%
2002-12-31 CN¥2.73 Billion +14.67%
2001-12-31 CN¥2.38 Billion +4.21%
2000-12-31 CN¥2.28 Billion +13.81%
1999-12-31 CN¥2.01 Billion +4.62%
1998-12-31 CN¥1.92 Billion +68.08%
1997-12-31 CN¥1.14 Billion +217.52%
1996-12-31 CN¥359.38 Million +9.87%
1995-12-31 CN¥327.09 Million 0.00%
1994-12-31 CN¥327.09 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sgis Songshan Co 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 grown by 120438091200.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.20 Billion 15.23%
Common Stock CN¥2.42 Billion 30.65%
Other Comprehensive Income CN¥1.18 Billion 14.91%
Other Components CN¥3.10 Billion 39.21%
Total Equity CN¥7.91 Billion 100.00%

Sgis Songshan Co Ltd Competitors by Market Cap

The table below lists competitors of Sgis Songshan Co Ltd ranked by their market capitalization.

Company Market Cap
34Q0
F:34Q0
 		$443.29 Million
ADC Therapeutics SA
NYSE:ADCT
 		$443.34 Million
Shenzhen Sunnypol Optoelectronics Co Ltd
SHE:002876
 		$443.37 Million
Kuaijishan Shaoxing Rice Wine
SHG:601579
 		$443.51 Million
SOUTH PLAINS FINAN. DL 1
F:4S4
 		$443.00 Million
STCube Inc
KQ:052020
 		$442.98 Million
Hunan Fangsheng Pharm Co Ltd
SHG:603998
 		$442.92 Million
IntelliEPI Cayman
TWO:4971
 		$442.45 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sgis Songshan Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,113,192,512 to 7,908,448,831, a change of -1,204,743,681 (-13.2%).
  • Net loss of 1,203,830,999 reduced equity.
  • Dividend payments of 81,552,330 reduced retained earnings.
  • Other comprehensive income increased equity by 1,188,805,272.
  • Other factors decreased equity by 1,108,165,624.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-1.20 Billion -15.22%
Dividends Paid CN¥81.55 Million -1.03%
Other Comprehensive Income CN¥1.19 Billion +15.03%
Other Changes CN¥-1.11 Billion -14.01%
Total Change CN¥- -13.22%

Book Value vs Market Value Analysis

This analysis compares Sgis Songshan Co 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

  • Current price-to-book ratio: 0.88x
  • 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 12.29x to 0.88x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.23 CN¥2.88 x
1995-12-31 CN¥0.23 CN¥2.88 x
1996-12-31 CN¥0.26 CN¥2.88 x
1997-12-31 CN¥0.82 CN¥2.88 x
1998-12-31 CN¥1.37 CN¥2.88 x
1999-12-31 CN¥1.44 CN¥2.88 x
2000-12-31 CN¥1.64 CN¥2.88 x
2001-12-31 CN¥1.70 CN¥2.88 x
2002-12-31 CN¥1.95 CN¥2.88 x
2003-12-31 CN¥3.09 CN¥2.88 x
2004-12-31 CN¥3.59 CN¥2.88 x
2005-12-31 CN¥3.57 CN¥2.88 x
2006-12-31 CN¥3.97 CN¥2.88 x
2007-12-31 CN¥5.31 CN¥2.88 x
2008-12-31 CN¥3.42 CN¥2.88 x
2009-12-31 CN¥3.47 CN¥2.88 x
2010-12-31 CN¥2.78 CN¥2.88 x
2011-12-31 CN¥2.80 CN¥2.88 x
2012-12-31 CN¥1.64 CN¥2.88 x
2013-12-31 CN¥2.14 CN¥2.88 x
2014-12-31 CN¥1.21 CN¥2.88 x
2015-12-31 CN¥0.15 CN¥2.88 x
2016-12-31 CN¥0.19 CN¥2.88 x
2017-12-31 CN¥1.23 CN¥2.88 x
2018-12-31 CN¥2.55 CN¥2.88 x
2019-12-31 CN¥3.31 CN¥2.88 x
2020-12-31 CN¥3.93 CN¥2.88 x
2021-12-31 CN¥4.49 CN¥2.88 x
2022-12-31 CN¥3.79 CN¥2.88 x
2023-12-31 CN¥3.75 CN¥2.88 x
2024-12-31 CN¥3.26 CN¥2.88 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sgis Songshan Co 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): -15.22%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.86%
  • • Asset Turnover: 1.53x
  • • Equity Multiplier: 2.57x
  • Recent ROE (-15.22%) is below the historical average (-14.96%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 52.31% 9.48% 3.15x 1.75x CN¥138.38 Million
1995 28.52% 5.11% 2.52x 2.21x CN¥60.58 Million
1996 31.44% 5.41% 2.09x 2.77x CN¥77.06 Million
1997 15.43% 7.82% 1.63x 1.21x CN¥61.93 Million
1998 9.47% 6.80% 1.07x 1.30x CN¥-10.18 Million
1999 9.13% 6.03% 1.25x 1.21x CN¥-17.43 Million
2000 9.87% 6.76% 1.11x 1.31x CN¥-3.07 Million
2001 10.87% 6.59% 1.01x 1.63x CN¥20.70 Million
2002 12.79% 7.88% 0.84x 1.93x CN¥76.19 Million
2003 22.73% 13.71% 0.89x 1.86x CN¥549.84 Million
2004 18.91% 9.18% 0.94x 2.20x CN¥446.68 Million
2005 2.74% 1.28% 0.86x 2.47x CN¥-361.49 Million
2006 7.83% 3.36% 1.01x 2.30x CN¥-115.80 Million
2007 11.17% 5.53% 0.89x 2.27x CN¥86.79 Million
2008 -28.25% -8.43% 1.11x 3.03x CN¥-2.18 Billion
2009 1.60% 0.69% 0.73x 3.16x CN¥-487.00 Million
2010 0.36% 0.11% 0.82x 3.97x CN¥-560.77 Million
2011 -24.33% -4.98% 0.94x 5.21x CN¥-1.61 Billion
2012 -71.48% -10.13% 0.94x 7.50x CN¥-2.22 Billion
2013 2.33% 0.53% 0.89x 4.98x CN¥-333.23 Million
2014 -47.27% -7.12% 1.05x 6.32x CN¥-1.68 Billion
2015 -731.34% -23.29% 0.67x 46.66x CN¥-2.63 Billion
2016 22.12% 0.73% 0.93x 32.66x CN¥55.58 Million
2017 84.66% 9.66% 1.81x 4.85x CN¥2.22 Billion
2018 53.52% 12.20% 1.65x 2.66x CN¥2.69 Billion
2019 22.80% 6.26% 1.70x 2.15x CN¥1.02 Billion
2020 19.57% 5.90% 1.78x 1.87x CN¥910.14 Million
2021 17.55% 4.23% 2.21x 1.88x CN¥826.64 Million
2022 -14.12% -3.30% 1.95x 2.19x CN¥-2.22 Billion
2023 0.54% 0.13% 1.84x 2.33x CN¥-862.29 Million
2024 -15.22% -3.86% 1.53x 2.57x CN¥-1.99 Billion

Industry Comparison

This section compares Sgis Songshan Co Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $14,527,570,176
  • Average return on equity (ROE) among peers: 20.27%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sgis Songshan Co Ltd (000717) CN¥7.85 Billion 52.31% 1.55x $443.11 Million
CITIC Pacific Special Steel Group Co Ltd (000708) $4.40 Billion 81.30% 0.74x $1.84 Billion
HBIS Co Ltd (000709) $7.63 Billion 11.59% 1.03x $1.27 Billion
Bengang Steel Plates Co Ltd (000761) $20.01 Billion 2.78% 2.03x $452.44 Million
Xinxing Ductile Iron Pipes Co Ltd (000778) $2.18 Billion 17.60% 0.97x $1.51 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825) $27.34 Billion 16.91% 1.72x $1.33 Billion
Jiangsu Fasten Co Ltd (000890) $1.18 Billion 1.14% 1.80x $283.59 Million
Angang Steel Co Ltd Class A (000898) $60.19 Billion 11.57% 0.62x $1.19 Billion
Hunan Valin Steel Co Ltd (000932) $1.39 Billion 22.60% 1.61x $1.17 Billion
Beijing Shougang Co Ltd (000959) $6.43 Billion 16.93% 1.18x $911.24 Million