Angang Steel Co Ltd Class A (000898) - Net Assets

Latest as of June 2026: CN¥43.01 Billion CNY ≈ $6.29 Billion USD

Based on the latest financial reports, Angang Steel Co Ltd Class A (000898) has net assets worth CN¥43.01 Billion CNY (≈ $6.29 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥97.37 Billion ≈ $14.25 Billion USD) and total liabilities (CN¥54.36 Billion ≈ $7.95 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 Angang Steel Co Ltd Class A PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥43.01 Billion
% of Total Assets 44.17%
Annual Growth Rate 11.79%
5-Year Change -26.54%
10-Year Change -0.68%
Growth Volatility 41.02

Angang Steel Co Ltd Class A - Net Assets Trend (1994–2025)

This chart illustrates how Angang Steel Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 000898 stock market capitalisation.

Annual Net Assets for Angang Steel Co Ltd Class A (1994–2025)

The table below shows the annual net assets of Angang Steel Co Ltd Class A from 1994 to 2025. Also explore net asset momentum of Angang Steel Co Ltd Class A to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2025-12-31 CN¥44.98 Billion
≈ $6.58 Billion		 -7.58%
2024-12-31 CN¥48.67 Billion
≈ $7.12 Billion		 -12.47%
2023-12-31 CN¥55.60 Billion
≈ $8.14 Billion		 -5.21%
2022-12-31 CN¥58.66 Billion
≈ $8.58 Billion		 -4.20%
2021-12-31 CN¥61.24 Billion
≈ $8.96 Billion		 +13.70%
2020-12-31 CN¥53.86 Billion
≈ $7.88 Billion		 +2.49%
2019-12-31 CN¥52.55 Billion
≈ $7.69 Billion		 +0.16%
2018-12-31 CN¥52.47 Billion
≈ $7.68 Billion		 -0.47%
2017-12-31 CN¥52.71 Billion
≈ $7.71 Billion		 +16.39%
2016-12-31 CN¥45.29 Billion
≈ $6.63 Billion		 +3.68%
2015-12-31 CN¥43.68 Billion
≈ $6.39 Billion		 -9.37%
2014-12-31 CN¥48.20 Billion
≈ $7.05 Billion		 +2.35%
2013-12-31 CN¥47.09 Billion
≈ $6.89 Billion		 -3.96%
2012-12-31 CN¥49.03 Billion
≈ $7.18 Billion		 -6.26%
2011-12-31 CN¥52.30 Billion
≈ $7.65 Billion		 -5.49%
2010-12-31 CN¥55.34 Billion
≈ $8.10 Billion		 +2.88%
2009-12-31 CN¥53.80 Billion
≈ $7.87 Billion		 +1.30%
2008-12-31 CN¥53.11 Billion
≈ $7.77 Billion		 -2.13%
2007-12-31 CN¥54.26 Billion
≈ $7.94 Billion		 +80.14%
2006-12-31 CN¥30.12 Billion
≈ $4.41 Billion		 +165.89%
2005-12-31 CN¥11.33 Billion
≈ $1.66 Billion		 +11.79%
2004-12-31 CN¥10.13 Billion
≈ $1.48 Billion		 +13.25%
2003-12-31 CN¥8.95 Billion
≈ $1.31 Billion		 +14.64%
2002-12-31 CN¥7.81 Billion
≈ $1.14 Billion		 +8.39%
2001-12-31 CN¥7.20 Billion
≈ $1.05 Billion		 +4.29%
2000-12-31 CN¥6.90 Billion
≈ $1.01 Billion		 +27.12%
1999-12-31 CN¥5.43 Billion
≈ $794.86 Million		 +5.67%
1998-12-31 CN¥5.14 Billion
≈ $752.24 Million		 +0.95%
1997-12-31 CN¥5.09 Billion
≈ $745.15 Million		 +150.99%
1996-12-31 CN¥2.03 Billion
≈ $296.88 Million		 +38.93%
1995-12-31 CN¥1.46 Billion
≈ $213.69 Million		 +2.66%
1994-12-31 CN¥1.42 Billion
≈ $208.15 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Angang Steel Co Ltd Class A'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 438900000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components CN¥48.27 Billion 110.00%
Total Equity CN¥43.88 Billion 100.00%

Angang Steel Co Ltd Class A Competitors by Market Cap

The table below lists competitors of Angang Steel Co Ltd Class A ranked by their market capitalization.

Company Market Cap
Dongguan Yiheda Automation Co. Ltd.
SHE:301029
 $2.32 Billion
Jenoptik AG
F:JEN
 $2.32 Billion
Zhejiang Orient Holdings Co Ltd
SHG:600120
 $2.32 Billion
Fleury S.A.
SA:FLRY3
 $2.32 Billion
Pou Chen Corp
TW:9904
 $2.32 Billion
SIRIUSPOINT LTD. DL-10
F:3XPA
 $2.32 Billion
REN - Redes Energéticas Nacionais SGPS S.A
LS:RENE
 $2.31 Billion
Maple Leaf Foods Inc.
TO:MFI
 $2.31 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 47,679,000,000 to 43,880,000,000, a change of -3,799,000,000 (-8.0%).
  • Net loss of 4,068,000,000 reduced equity.
  • Dividend payments of 338,000,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 5,690,000,000.
  • Other factors increased equity by 6,297,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥-4.07 Billion -9.27%
Dividends Paid CN¥338.00 Million -0.77%
Other Comprehensive Income CN¥-5.69 Billion -12.97%
Other Changes CN¥6.30 Billion +14.35%
Total Change CN¥- -7.97%

Book Value vs Market Value Analysis

This analysis compares Angang Steel Co Ltd Class A'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: 0.42x
  • 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 10.20x to 0.42x 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¥0.20 CN¥1.99 x
1995-12-31 CN¥0.20 CN¥1.99 x
1996-12-31 CN¥0.28 CN¥1.99 x
1997-12-31 CN¥0.70 CN¥1.99 x
1998-12-31 CN¥0.71 CN¥1.99 x
1999-12-31 CN¥0.75 CN¥1.99 x
2000-12-31 CN¥0.95 CN¥1.99 x
2001-12-31 CN¥0.99 CN¥1.99 x
2002-12-31 CN¥1.07 CN¥1.99 x
2003-12-31 CN¥1.23 CN¥1.99 x
2004-12-31 CN¥1.39 CN¥1.99 x
2005-12-31 CN¥1.55 CN¥1.99 x
2006-12-31 CN¥3.66 CN¥1.99 x
2007-12-31 CN¥6.21 CN¥1.99 x
2008-12-31 CN¥5.65 CN¥1.99 x
2009-12-31 CN¥5.55 CN¥1.99 x
2010-12-31 CN¥5.75 CN¥1.99 x
2011-12-31 CN¥5.40 CN¥1.99 x
2012-12-31 CN¥5.03 CN¥1.99 x
2013-12-31 CN¥4.98 CN¥1.99 x
2014-12-31 CN¥5.07 CN¥1.99 x
2015-12-31 CN¥4.60 CN¥1.99 x
2016-12-31 CN¥4.76 CN¥1.99 x
2017-12-31 CN¥5.56 CN¥1.99 x
2018-12-31 CN¥5.49 CN¥1.99 x
2019-12-31 CN¥5.45 CN¥1.99 x
2020-12-31 CN¥5.34 CN¥1.99 x
2021-12-31 CN¥6.28 CN¥1.99 x
2022-12-31 CN¥5.91 CN¥1.99 x
2023-12-31 CN¥5.84 CN¥1.99 x
2024-12-31 CN¥5.08 CN¥1.99 x
2025-12-31 CN¥4.68 CN¥1.99 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Angang Steel Co Ltd Class A 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): -9.27%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -4.24%
  • • Asset Turnover: 1.00x
  • • Equity Multiplier: 2.19x
  • Recent ROE (-9.27%) is below the historical average (6.30%), 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 26.86% 8.83% 1.83x 1.67x CN¥239.77 Million
1995 13.80% 5.43% 1.38x 1.85x CN¥55.52 Million
1996 21.76% 7.07% 1.83x 1.68x CN¥238.57 Million
1997 10.03% 8.92% 0.91x 1.24x CN¥1.48 Million
1998 2.41% 2.17% 0.89x 1.24x CN¥-390.29 Million
1999 5.36% 4.21% 0.99x 1.28x CN¥-251.93 Million
2000 7.09% 5.00% 1.04x 1.37x CN¥-200.75 Million
2001 5.61% 4.25% 0.93x 1.42x CN¥-316.40 Million
2002 7.62% 5.52% 0.87x 1.59x CN¥-185.96 Million
2003 16.01% 9.87% 0.97x 1.68x CN¥537.75 Million
2004 17.74% 7.74% 1.51x 1.51x CN¥784.19 Million
2005 18.69% 7.99% 1.85x 1.26x CN¥984.50 Million
2006 23.55% 12.99% 0.94x 1.94x CN¥4.08 Billion
2007 13.87% 11.49% 0.75x 1.60x CN¥2.10 Billion
2008 5.63% 3.75% 0.86x 1.74x CN¥-2.32 Billion
2009 1.39% 1.04% 0.69x 1.93x CN¥-4.52 Billion
2010 3.77% 2.21% 0.88x 1.94x CN¥-3.37 Billion
2011 -4.23% -2.37% 0.88x 2.03x CN¥-7.22 Billion
2012 -8.50% -5.15% 0.76x 2.18x CN¥-8.76 Billion
2013 1.64% 1.02% 0.81x 1.97x CN¥-3.93 Billion
2014 1.94% 1.25% 0.81x 1.91x CN¥-3.85 Billion
2015 -10.61% -8.71% 0.60x 2.05x CN¥-8.92 Billion
2016 3.60% 2.79% 0.65x 1.97x CN¥-2.87 Billion
2017 12.69% 7.24% 0.97x 1.81x CN¥1.41 Billion
2018 15.30% 7.56% 1.17x 1.73x CN¥2.76 Billion
2019 3.43% 1.69% 1.20x 1.69x CN¥-3.42 Billion
2020 3.71% 1.96% 1.15x 1.65x CN¥-3.36 Billion
2021 11.47% 5.12% 1.38x 1.62x CN¥892.90 Million
2022 0.19% 0.08% 1.35x 1.67x CN¥-5.69 Billion
2023 -5.94% -2.82% 1.19x 1.78x CN¥-8.73 Billion
2024 -14.94% -6.78% 1.04x 2.11x CN¥-11.89 Billion
2025 -9.27% -4.24% 1.00x 2.19x CN¥-8.46 Billion

Industry Comparison

This section compares Angang Steel Co Ltd Class A's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $15,181,679,406
  • Average return on equity (ROE) among peers: -81.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Angang Steel Co Ltd Class A (000898) CN¥43.01 Billion 26.86% 1.26x $2.32 Billion
CITIC Pacific Special Steel Group Co Ltd (000708) $751.74 Million 14.78% 2.09x $9.54 Billion
HBIS Co Ltd (000709) $44.57 Billion 0.25% 2.47x $3.04 Billion
Sgis Songshan Co Ltd (000717) $354.90 Million -731.34% 45.66x $755.48 Million
Bengang Steel Plates Co Ltd (000761) $8.60 Billion -45.82% 4.32x $1.20 Billion
Xinxing Ductile Iron Pipes Co Ltd (000778) $21.71 Billion 9.68% 1.39x $2.07 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825) $34.92 Billion -2.81% 0.93x $2.78 Billion
Jiangsu Fasten Co Ltd (000890) $1.21 Billion 0.85% 1.53x $451.19 Million
Hunan Valin Steel Co Ltd (000932) $18.32 Billion 8.80% 1.64x $3.46 Billion
Beijing Shougang Co Ltd (000959) $6.20 Billion 12.78% 1.44x $3.88 Billion

About Angang Steel Co Ltd Class A

SHE:000898 China Steel
Market Cap
$2.32 Billion
CN¥15.84 Billion CNY
Market Cap Rank
#5669 Global
#1060 in China
Share Price
CN¥1.99
Change (1 day)
-1.00%
52-Week Range
CN¥1.86 - CN¥2.80
All Time High
CN¥10.09
Categories
Companies in China Steel
About

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China and internationally. Its principal products include hot rolled sheets, medium and high sheets, cold rolled sheets, galvanized steel sheets, color coating sheets, cold rolled silicon steel, heavy rails and profiles, seamless steel pipes, and wire rods. The company also e… Read more