Bengang Steel Plates Co Ltd (000761) - Net Assets

Latest as of September 2025: CN¥10.28 Billion CNY ≈ $1.50 Billion USD

Based on the latest financial reports, Bengang Steel Plates Co Ltd (000761) has net assets worth CN¥10.28 Billion CNY (≈ $1.50 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¥46.73 Billion ≈ $6.84 Billion USD) and total liabilities (CN¥36.45 Billion ≈ $5.33 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 Bengang Steel Plates Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥10.28 Billion
% of Total Assets	22.0%
Annual Growth Rate	9.57%
5-Year Change	-42.0%
10-Year Change	0.48%
Growth Volatility	51.95

Bengang Steel Plates Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Bengang Steel Plates Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Bengang Steel Plates Co Ltd (000761) total assets for the complete picture of this company's asset base.

Annual Net Assets for Bengang Steel Plates Co Ltd (1994–2024)

The table below shows the annual net assets of Bengang Steel Plates Co Ltd from 1994 to 2024. For live valuation and market cap data, see how much is Bengang Steel Plates Co Ltd worth.

Year	Net Assets	Change
2024-12-31	CN¥12.50 Billion ≈ $1.83 Billion	-28.98%
2023-12-31	CN¥17.60 Billion ≈ $2.58 Billion	-9.16%
2022-12-31	CN¥19.37 Billion ≈ $2.83 Billion	-16.01%
2021-12-31	CN¥23.07 Billion ≈ $3.38 Billion	+7.03%
2020-12-31	CN¥21.55 Billion ≈ $3.15 Billion	+7.68%
2019-12-31	CN¥20.01 Billion ≈ $2.93 Billion	+1.80%
2018-12-31	CN¥19.66 Billion ≈ $2.88 Billion	+32.39%
2017-12-31	CN¥14.85 Billion ≈ $2.17 Billion	+11.95%
2016-12-31	CN¥13.26 Billion ≈ $1.94 Billion	+6.64%
2015-12-31	CN¥12.44 Billion ≈ $1.82 Billion	-21.45%
2014-12-31	CN¥15.84 Billion ≈ $2.32 Billion	+1.01%
2013-12-31	CN¥15.68 Billion ≈ $2.29 Billion	+2.37%
2012-12-31	CN¥15.32 Billion ≈ $2.24 Billion	-1.57%
2011-12-31	CN¥15.56 Billion ≈ $2.28 Billion	+3.42%
2010-12-31	CN¥15.05 Billion ≈ $2.20 Billion	+6.52%
2009-12-31	CN¥14.12 Billion ≈ $2.07 Billion	-10.75%
2008-12-31	CN¥15.83 Billion ≈ $2.32 Billion	-5.46%
2007-12-31	CN¥16.74 Billion ≈ $2.45 Billion	+4.38%
2006-12-31	CN¥16.04 Billion ≈ $2.35 Billion	+202.09%
2005-12-31	CN¥5.31 Billion ≈ $776.86 Million	+8.29%
2004-12-31	CN¥4.90 Billion ≈ $717.42 Million	+11.49%
2003-12-31	CN¥4.40 Billion ≈ $643.46 Million	+13.60%
2002-12-31	CN¥3.87 Billion ≈ $566.43 Million	+11.04%
2001-12-31	CN¥3.49 Billion ≈ $510.10 Million	+1.38%
2000-12-31	CN¥3.44 Billion ≈ $503.17 Million	+4.41%
1999-12-31	CN¥3.29 Billion ≈ $481.91 Million	+11.24%
1998-12-31	CN¥2.96 Billion ≈ $433.23 Million	+1.38%
1997-12-31	CN¥2.92 Billion ≈ $427.33 Million	+208.22%
1996-12-31	CN¥947.48 Million ≈ $138.65 Million	+25.86%
1995-12-31	CN¥752.80 Million ≈ $110.16 Million	-6.65%
1994-12-31	CN¥806.40 Million ≈ $118.00 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Bengang Steel Plates 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 decreased by 749701163290.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥4.11 Billion	34.56%
Other Comprehensive Income	CN¥2.17 Billion	18.22%
Other Components	CN¥13.11 Billion	110.28%
Total Equity	CN¥11.89 Billion	100.00%

Bengang Steel Plates Co Ltd Competitors by Market Cap

The table below lists competitors of Bengang Steel Plates Co Ltd ranked by their market capitalization.

Company	Market Cap
Luoyang Longhua Heat Trans Energy SHE:300263	$1.60 Billion
Hankook Tire Worldwide KO:000240	$1.60 Billion
Sichuan Injet Electric Co Ltd SHE:300820	$1.60 Billion
AKSO HEALTH GR. (SPADR)/3 F:8HX	$1.60 Billion
Sociedad Matriz SAAM SA SN:SMSAAM	$1.60 Billion
A.F.P. Habitat SN:HABITAT	$1.60 Billion
Bank Ina Perdana PT JK:BINA	$1.60 Billion
Borregaard ASA OL:BRG	$1.60 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 17,009,969,496 to 11,887,217,861, a change of -5,122,751,635 (-30.1%).
Net loss of 5,037,271,397 reduced equity.
Dividend payments of 274,024,906 reduced retained earnings.
Other comprehensive income decreased equity by 42,288,987.
Other factors increased equity by 230,833,655.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-5.04 Billion	-42.38%
Dividends Paid	CN¥274.02 Million	-2.31%
Other Comprehensive Income	CN¥-42.29 Million	-0.36%
Other Changes	CN¥230.83 Million	+1.94%
Total Change	CN¥-	-30.12%

Book Value vs Market Value Analysis

This analysis compares Bengang Steel Plates 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: 1.02x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 11.47x to 1.02x 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¥0.26	CN¥2.95	x
1995-12-31	CN¥0.24	CN¥2.95	x
1996-12-31	CN¥0.30	CN¥2.95	x
1997-12-31	CN¥0.93	CN¥2.95	x
1998-12-31	CN¥0.94	CN¥2.95	x
1999-12-31	CN¥1.05	CN¥2.95	x
2000-12-31	CN¥1.10	CN¥2.95	x
2001-12-31	CN¥1.11	CN¥2.95	x
2002-12-31	CN¥1.23	CN¥2.95	x
2003-12-31	CN¥1.40	CN¥2.95	x
2004-12-31	CN¥1.56	CN¥2.95	x
2005-12-31	CN¥1.69	CN¥2.95	x
2006-12-31	CN¥5.13	CN¥2.95	x
2007-12-31	CN¥5.36	CN¥2.95	x
2008-12-31	CN¥5.04	CN¥2.95	x
2009-12-31	CN¥4.51	CN¥2.95	x
2010-12-31	CN¥4.79	CN¥2.95	x
2011-12-31	CN¥4.95	CN¥2.95	x
2012-12-31	CN¥4.81	CN¥2.95	x
2013-12-31	CN¥4.89	CN¥2.95	x
2014-12-31	CN¥4.89	CN¥2.95	x
2015-12-31	CN¥3.80	CN¥2.95	x
2016-12-31	CN¥4.05	CN¥2.95	x
2017-12-31	CN¥4.56	CN¥2.95	x
2018-12-31	CN¥5.02	CN¥2.95	x
2019-12-31	CN¥5.03	CN¥2.95	x
2020-12-31	CN¥5.42	CN¥2.95	x
2021-12-31	CN¥5.48	CN¥2.95	x
2022-12-31	CN¥4.57	CN¥2.95	x
2023-12-31	CN¥4.14	CN¥2.95	x
2024-12-31	CN¥2.89	CN¥2.95	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bengang Steel Plates 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): -42.38%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -9.83%
• Asset Turnover: 1.12x
• Equity Multiplier: 3.85x
Recent ROE (-42.38%) is below the historical average (6.35%), 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	41.52%	7.59%	2.75x	1.99x	CN¥254.20 Million
1995	38.15%	5.92%	2.70x	2.39x	CN¥211.92 Million
1996	39.62%	7.54%	2.32x	2.26x	CN¥280.62 Million
1997	13.06%	8.58%	1.29x	1.18x	CN¥89.28 Million
1998	10.05%	6.30%	1.22x	1.30x	CN¥1.51 Million
1999	10.10%	5.96%	1.27x	1.33x	CN¥3.34 Million
2000	10.17%	5.00%	1.48x	1.38x	CN¥5.95 Million
2001	7.88%	5.24%	0.99x	1.51x	CN¥-73.75 Million
2002	9.94%	4.97%	1.15x	1.74x	CN¥-2.17 Million
2003	11.93%	4.68%	1.57x	1.62x	CN¥85.00 Million
2004	14.93%	4.22%	2.21x	1.60x	CN¥241.79 Million
2005	11.91%	3.13%	2.63x	1.45x	CN¥101.32 Million
2006	10.98%	6.59%	0.99x	1.68x	CN¥156.82 Million
2007	9.51%	5.08%	1.07x	1.75x	CN¥-82.08 Million
2008	1.04%	0.43%	1.18x	2.07x	CN¥-1.42 Billion
2009	-10.94%	-4.34%	1.02x	2.47x	CN¥-2.96 Billion
2010	6.16%	2.03%	1.27x	2.39x	CN¥-575.67 Million
2011	5.13%	1.58%	1.23x	2.64x	CN¥-756.65 Million
2012	0.52%	0.20%	1.06x	2.51x	CN¥-1.45 Billion
2013	1.80%	0.68%	0.94x	2.81x	CN¥-1.26 Billion
2014	1.51%	0.56%	0.84x	3.20x	CN¥-1.31 Billion
2015	-27.60%	-11.26%	0.66x	3.73x	CN¥-4.49 Billion
2016	6.14%	2.65%	0.55x	4.26x	CN¥-490.24 Million
2017	11.18%	3.95%	0.64x	4.40x	CN¥168.55 Million
2018	5.42%	2.07%	0.84x	3.12x	CN¥-876.13 Million
2019	2.85%	1.05%	0.87x	3.12x	CN¥-1.39 Billion
2020	1.83%	0.79%	0.75x	3.09x	CN¥-1.72 Billion
2021	11.11%	3.21%	1.41x	2.45x	CN¥250.49 Million
2022	-6.56%	-1.97%	1.42x	2.35x	CN¥-3.11 Billion
2023	-10.12%	-2.97%	1.25x	2.71x	CN¥-3.42 Billion
2024	-42.38%	-9.83%	1.12x	3.85x	CN¥-6.23 Billion

Industry Comparison

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

Industry Context

Industry: Steel
Average net assets among peers: $12,551,825,787
Average return on equity (ROE) among peers: 10.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Bengang Steel Plates Co Ltd (000761)	CN¥10.28 Billion	41.52%	3.55x	$1.60 Billion
CITIC Pacific Special Steel Group Co Ltd (000708)	$543.16 Million	26.80%	2.24x	$11.26 Billion
HBIS Co Ltd (000709)	$5.18 Billion	9.50%	0.80x	$3.52 Billion
Sgis Songshan Co Ltd (000717)	$9.51 Billion	19.57%	0.87x	$879.62 Million
Xinxing Ductile Iron Pipes Co Ltd (000778)	$1.18 Billion	14.45%	0.68x	$2.67 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825)	$25.06 Billion	7.20%	1.63x	$3.54 Billion
Jiangsu Fasten Co Ltd (000890)	$1.16 Billion	1.67%	1.30x	$961.31 Million
Angang Steel Co Ltd Class A (000898)	$52.30 Billion	-4.10%	0.97x	$2.67 Billion
Hunan Valin Steel Co Ltd (000932)	$12.94 Billion	8.26%	1.91x	$4.69 Billion
Beijing Shougang Co Ltd (000959)	$5.09 Billion	11.56%	0.90x	$5.17 Billion

About Bengang Steel Plates Co Ltd

SHE:000761 China Steel

Market Cap

$1.60 Billion

CN¥10.94 Billion CNY

Market Cap Rank

#7122 Global

#1676 in China

Share Price

CN¥2.95

Change (1 day)

-2.64%

52-Week Range

CN¥2.95 - CN¥4.30

All Time High

CN¥6.05