Sgis Songshan Co Ltd (000717) - Net Assets

Latest as of September 2025: CN¥7.85 Billion CNY ≈ $1.15 Billion USD

Based on the latest financial reports, Sgis Songshan Co Ltd (000717) has net assets worth CN¥7.85 Billion CNY (≈ $1.15 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 (CN¥20.01 Billion ≈ $2.93 Billion USD) and total liabilities (CN¥12.16 Billion ≈ $1.78 Billion 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. Check how resilient are Sgis Songshan Co Ltd's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore 000717 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 000717 company net worth.

Year	Net Assets	Change
2024-12-31	CN¥7.91 Billion ≈ $1.16 Billion	-13.22%
2023-12-31	CN¥9.11 Billion ≈ $1.33 Billion	-0.84%
2022-12-31	CN¥9.19 Billion ≈ $1.34 Billion	-16.10%
2021-12-31	CN¥10.95 Billion ≈ $1.60 Billion	+15.18%
2020-12-31	CN¥9.51 Billion ≈ $1.39 Billion	+18.90%
2019-12-31	CN¥8.00 Billion ≈ $1.17 Billion	+29.48%
2018-12-31	CN¥6.18 Billion ≈ $903.97 Million	+107.82%
2017-12-31	CN¥2.97 Billion ≈ $434.98 Million	+548.34%
2016-12-31	CN¥458.49 Million ≈ $67.09 Million	+29.19%
2015-12-31	CN¥354.90 Million ≈ $51.93 Million	-87.92%
2014-12-31	CN¥2.94 Billion ≈ $429.76 Million	-32.44%
2013-12-31	CN¥4.35 Billion ≈ $636.10 Million	+59.20%
2012-12-31	CN¥2.73 Billion ≈ $399.55 Million	-41.64%
2011-12-31	CN¥4.68 Billion ≈ $684.67 Million	-19.57%
2010-12-31	CN¥5.82 Billion ≈ $851.24 Million	+0.35%
2009-12-31	CN¥5.80 Billion ≈ $848.28 Million	+1.62%
2008-12-31	CN¥5.70 Billion ≈ $834.74 Million	-22.97%
2007-12-31	CN¥7.41 Billion ≈ $1.08 Billion	+39.07%
2006-12-31	CN¥5.33 Billion ≈ $779.26 Million	+7.00%
2005-12-31	CN¥4.98 Billion ≈ $728.30 Million	-0.77%
2004-12-31	CN¥5.02 Billion ≈ $733.96 Million	+16.13%
2003-12-31	CN¥4.32 Billion ≈ $631.99 Million	+58.27%
2002-12-31	CN¥2.73 Billion ≈ $399.32 Million	+14.67%
2001-12-31	CN¥2.38 Billion ≈ $348.24 Million	+4.21%
2000-12-31	CN¥2.28 Billion ≈ $334.18 Million	+13.81%
1999-12-31	CN¥2.01 Billion ≈ $293.64 Million	+4.62%
1998-12-31	CN¥1.92 Billion ≈ $280.66 Million	+68.08%
1997-12-31	CN¥1.14 Billion ≈ $166.98 Million	+217.52%
1996-12-31	CN¥359.38 Million ≈ $52.59 Million	+9.87%
1995-12-31	CN¥327.09 Million ≈ $47.86 Million	0.00%
1994-12-31	CN¥327.09 Million ≈ $47.86 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
Neuca S.A. WAR:NEU	$883.27 Million
Jilin Forest SHG:600189	$883.30 Million
DNA Link Inc KQ:127120	$883.31 Million
Zhangjiagang Guangda Special Material Co Ltd SHG:688186	$883.69 Million
SGSG Science&technology Co Ltd Zhuhai SHE:300561	$882.95 Million
Controladora Vuela Compañía de Aviación S.A.B. de C.V MX:VOLARA	$882.62 Million
Yunnan Nantian Electronics Information Co Ltd SHE:000948	$882.61 Million
InMode Ltd NASDAQ:INMD	$882.40 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: 0.76x
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 10.63x to 0.76x 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¥2.49	x
1995-12-31	CN¥0.23	CN¥2.49	x
1996-12-31	CN¥0.26	CN¥2.49	x
1997-12-31	CN¥0.82	CN¥2.49	x
1998-12-31	CN¥1.37	CN¥2.49	x
1999-12-31	CN¥1.44	CN¥2.49	x
2000-12-31	CN¥1.64	CN¥2.49	x
2001-12-31	CN¥1.70	CN¥2.49	x
2002-12-31	CN¥1.95	CN¥2.49	x
2003-12-31	CN¥3.09	CN¥2.49	x
2004-12-31	CN¥3.59	CN¥2.49	x
2005-12-31	CN¥3.57	CN¥2.49	x
2006-12-31	CN¥3.97	CN¥2.49	x
2007-12-31	CN¥5.31	CN¥2.49	x
2008-12-31	CN¥3.42	CN¥2.49	x
2009-12-31	CN¥3.47	CN¥2.49	x
2010-12-31	CN¥2.78	CN¥2.49	x
2011-12-31	CN¥2.80	CN¥2.49	x
2012-12-31	CN¥1.64	CN¥2.49	x
2013-12-31	CN¥2.14	CN¥2.49	x
2014-12-31	CN¥1.21	CN¥2.49	x
2015-12-31	CN¥0.15	CN¥2.49	x
2016-12-31	CN¥0.19	CN¥2.49	x
2017-12-31	CN¥1.23	CN¥2.49	x
2018-12-31	CN¥2.55	CN¥2.49	x
2019-12-31	CN¥3.31	CN¥2.49	x
2020-12-31	CN¥3.93	CN¥2.49	x
2021-12-31	CN¥4.49	CN¥2.49	x
2022-12-31	CN¥3.79	CN¥2.49	x
2023-12-31	CN¥3.75	CN¥2.49	x
2024-12-31	CN¥3.26	CN¥2.49	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: $23,039,733,293
Average return on equity (ROE) among peers: 6.65%

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	$883.17 Million
CITIC Pacific Special Steel Group Co Ltd (000708)	$25.28 Billion	21.31%	1.87x	$11.51 Billion
HBIS Co Ltd (000709)	$46.63 Billion	3.34%	2.99x	$3.60 Billion
Bengang Steel Plates Co Ltd (000761)	$15.05 Billion	6.15%	1.38x	$1.58 Billion
Xinxing Ductile Iron Pipes Co Ltd (000778)	$28.18 Billion	0.59%	0.89x	$2.60 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825)	$21.29 Billion	5.80%	2.06x	$3.63 Billion
Jiangsu Fasten Co Ltd (000890)	$223.45 Million	31.03%	7.78x	$867.39 Million
Angang Steel Co Ltd Class A (000898)	$48.20 Billion	1.93%	0.89x	$2.69 Billion
Hunan Valin Steel Co Ltd (000932)	$14.49 Billion	-18.24%	4.16x	$4.74 Billion
Beijing Shougang Co Ltd (000959)	$8.03 Billion	7.94%	1.27x	$5.15 Billion

About Sgis Songshan Co Ltd

SHE:000717 China Steel

Market Cap

$883.17 Million

CN¥6.04 Billion CNY

Market Cap Rank

#9800 Global

#2787 in China

Share Price

CN¥2.49

Change (1 day)

+0.81%

52-Week Range

CN¥2.35 - CN¥3.13

All Time High

CN¥9.12