Sgis Songshan Co Ltd (000717) - Net Assets

Latest as of March 2026: CN¥6.69 Billion CNY ≈ $978.88 Million USD

Based on the latest financial reports, Sgis Songshan Co Ltd (000717) has net assets worth CN¥6.69 Billion CNY (≈ $978.88 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥18.88 Billion ≈ $2.76 Billion USD) and total liabilities (CN¥12.19 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. Also explore 000717 asset base for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥6.69 Billion
% of Total Assets	35.43%
Annual Growth Rate	10.26%
5-Year Change	-38.4%
10-Year Change	1371.66%
Growth Volatility	106.98

Sgis Songshan Co Ltd - Net Assets Trend (1994–2025)

This chart illustrates how Sgis Songshan Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Sgis Songshan Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Sgis Songshan Co Ltd (1994–2025)

The table below shows the annual net assets of Sgis Songshan Co Ltd from 1994 to 2025. For live valuation and market cap data, see Sgis Songshan Co Ltd (000717) market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥6.75 Billion ≈ $987.37 Million	-14.68%
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 5076875269.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥50.77 Million	0.75%
Other Components	CN¥6.70 Billion	99.25%
Total Equity	CN¥6.75 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
Solareast Holdings Co Ltd SHG:603366	$776.90 Million
Nsfocus Information Technology Co Ltd SHE:300369	$776.96 Million
IRESS LTD F:BRF	$777.04 Million
Chongqing Lummy Pharmaceutical SHE:300006	$777.20 Million
Newgen Software Technologies Limited NSE:NEWGEN	$776.73 Million
LightPath Technologies Inc NASDAQ:LPTH	$776.70 Million
Ganesh Housing Corporation Limited NSE:GANESHHOUC	$776.54 Million
JC Finance & Tax Interconnect Holdings Ltd SHE:002530	$776.48 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 2024 to 2025, total equity changed from 7,908,448,831 to 6,747,459,676, a change of -1,160,989,155 (-14.7%).
Net loss of 1,153,612,160 reduced equity.
Dividend payments of 91,169,643 reduced retained earnings.
Other comprehensive income decreased equity by 1,179,431,326.
Other factors increased equity by 1,263,223,973.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-1.15 Billion	-17.1%
Dividends Paid	CN¥91.17 Million	-1.35%
Other Comprehensive Income	CN¥-1.18 Billion	-17.48%
Other Changes	CN¥1.26 Billion	+18.72%
Total Change	CN¥-	-14.68%

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: 0.79x
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 9.35x to 0.79x 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¥2.19	x
1995-12-31	CN¥0.23	CN¥2.19	x
1996-12-31	CN¥0.26	CN¥2.19	x
1997-12-31	CN¥0.82	CN¥2.19	x
1998-12-31	CN¥1.37	CN¥2.19	x
1999-12-31	CN¥1.44	CN¥2.19	x
2000-12-31	CN¥1.64	CN¥2.19	x
2001-12-31	CN¥1.70	CN¥2.19	x
2002-12-31	CN¥1.95	CN¥2.19	x
2003-12-31	CN¥3.09	CN¥2.19	x
2004-12-31	CN¥3.59	CN¥2.19	x
2005-12-31	CN¥3.57	CN¥2.19	x
2006-12-31	CN¥3.97	CN¥2.19	x
2007-12-31	CN¥5.31	CN¥2.19	x
2008-12-31	CN¥3.42	CN¥2.19	x
2009-12-31	CN¥3.47	CN¥2.19	x
2010-12-31	CN¥2.78	CN¥2.19	x
2011-12-31	CN¥2.80	CN¥2.19	x
2012-12-31	CN¥1.64	CN¥2.19	x
2013-12-31	CN¥2.14	CN¥2.19	x
2014-12-31	CN¥1.21	CN¥2.19	x
2015-12-31	CN¥0.15	CN¥2.19	x
2016-12-31	CN¥0.19	CN¥2.19	x
2017-12-31	CN¥1.23	CN¥2.19	x
2018-12-31	CN¥2.55	CN¥2.19	x
2019-12-31	CN¥3.31	CN¥2.19	x
2020-12-31	CN¥3.93	CN¥2.19	x
2021-12-31	CN¥4.49	CN¥2.19	x
2022-12-31	CN¥3.79	CN¥2.19	x
2023-12-31	CN¥3.75	CN¥2.19	x
2024-12-31	CN¥3.26	CN¥2.19	x
2025-12-31	CN¥2.78	CN¥2.19	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): -17.10%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -4.41%
• Asset Turnover: 1.42x
• Equity Multiplier: 2.73x
Recent ROE (-17.10%) 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	86.76%	10.27%	1.74x	4.85x	CN¥2.28 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	-13.96%	-3.26%	1.95x	2.19x	CN¥-2.20 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
2025	-17.10%	-4.41%	1.42x	2.73x	CN¥-1.83 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: $21,613,708,183
Average return on equity (ROE) among peers: 0.06%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sgis Songshan Co Ltd (000717)	CN¥6.69 Billion	52.31%	1.82x	$776.76 Million
CITIC Pacific Special Steel Group Co Ltd (000708)	$1.54 Billion	1.15%	1.48x	$10.58 Billion
HBIS Co Ltd (000709)	$44.57 Billion	0.25%	2.47x	$3.19 Billion
Bengang Steel Plates Co Ltd (000761)	$3.49 Billion	7.88%	0.51x	$1.27 Billion
Xinxing Ductile Iron Pipes Co Ltd (000778)	$17.31 Billion	5.96%	1.96x	$2.22 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825)	$26.14 Billion	2.41%	1.90x	$3.01 Billion
Jiangsu Fasten Co Ltd (000890)	$654.28 Million	-22.20%	10.49x	$410.06 Million
Angang Steel Co Ltd Class A (000898)	$52.55 Billion	3.40%	0.67x	$2.35 Billion
Hunan Valin Steel Co Ltd (000932)	$14.70 Billion	0.51%	3.97x	$3.90 Billion
Beijing Shougang Co Ltd (000959)	$33.58 Billion	1.19%	2.79x	$4.36 Billion

About Sgis Songshan Co Ltd

SHE:000717 China Steel

Market Cap

$776.76 Million

CN¥5.31 Billion CNY

Market Cap Rank

#9854 Global

#2478 in China

Share Price

CN¥2.19

Change (1 day)

+1.86%

52-Week Range

CN¥1.96 - CN¥3.13

All Time High

CN¥9.12