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

Latest as of September 2025: CN¥46.79 Billion CNY ≈ $6.85 Billion USD

Based on the latest financial reports, Angang Steel Co Ltd Class A (000898) has net assets worth CN¥46.79 Billion CNY (≈ $6.85 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¥97.49 Billion ≈ $14.27 Billion USD) and total liabilities (CN¥50.70 Billion ≈ $7.42 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 000898 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥46.79 Billion
% of Total Assets 48.0%
Annual Growth Rate 12.5%
5-Year Change -9.63%
10-Year Change 11.42%
Growth Volatility 41.26

Angang Steel Co Ltd Class A - Net Assets Trend (1994–2024)

This chart illustrates how Angang Steel Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore Angang Steel Co Ltd Class A asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Angang Steel Co Ltd Class A (1994–2024)

The table below shows the annual net assets of Angang Steel Co Ltd Class A from 1994 to 2024. For live valuation and market cap data, see market value of Angang Steel Co Ltd Class A.

Year Net Assets Change
2024-12-31 CN¥48.67 Billion
≈ $7.12 Billion		 -12.13%
2023-12-31 CN¥55.39 Billion
≈ $8.11 Billion		 -5.79%
2022-12-31 CN¥58.80 Billion
≈ $8.60 Billion		 -2.32%
2021-12-31 CN¥60.19 Billion
≈ $8.81 Billion		 +11.76%
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		 +4.13%
2017-12-31 CN¥50.39 Billion
≈ $7.37 Billion		 +11.26%
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		 -2.36%
2012-12-31 CN¥48.23 Billion
≈ $7.06 Billion		 -7.79%
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		 +1.31%
2008-12-31 CN¥53.10 Billion
≈ $7.77 Billion		 -2.12%
2007-12-31 CN¥54.26 Billion
≈ $7.94 Billion		 +81.86%
2006-12-31 CN¥29.83 Billion
≈ $4.37 Billion		 +163.34%
2005-12-31 CN¥11.33 Billion
≈ $1.66 Billion		 +11.80%
2004-12-31 CN¥10.13 Billion
≈ $1.48 Billion		 +13.25%
2003-12-31 CN¥8.95 Billion
≈ $1.31 Billion		 +19.16%
2002-12-31 CN¥7.51 Billion
≈ $1.10 Billion		 +4.28%
2001-12-31 CN¥7.20 Billion
≈ $1.05 Billion		 +2.62%
2000-12-31 CN¥7.02 Billion
≈ $1.03 Billion		 +29.20%
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 32100000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥9.38 Billion 19.68%
Other Comprehensive Income CN¥5.69 Billion 11.93%
Other Components CN¥32.93 Billion 69.06%
Total Equity CN¥47.68 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
FRASERS PROPERTY
F:1IQ
 $2.67 Billion
Madison Square Garden Entertainment Corp
NYSE:MSGE
 $2.67 Billion
Diebold Nixdorf, Incorporated
NYSE:DBD
 $2.67 Billion
NuVista Energy Ltd.
TO:NVA
 $2.67 Billion
Cembra Money Bank AG
SW:CMBN
 $2.67 Billion
ATS CORP.
F:ATO0
 $2.67 Billion
Shandong Dongyue Organosilicon Mat
SHE:300821
 $2.67 Billion
Liaoning Cheng Da Co Ltd
SHG:600739
 $2.66 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 2023 to 2024, total equity changed from 54,704,000,000 to 47,679,000,000, a change of -7,025,000,000 (-12.8%).
  • Net loss of 7,122,000,000 reduced equity.
  • Dividend payments of 256,000,000 reduced retained earnings.
  • Share repurchases of 1,000,000 reduced equity.
  • Other comprehensive income increased equity by 5,690,000,000.
  • Other factors decreased equity by 5,336,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-7.12 Billion -14.94%
Dividends Paid CN¥256.00 Million -0.54%
Share Repurchases CN¥1.00 Million -0.0%
Other Comprehensive Income CN¥5.69 Billion +11.93%
Other Changes CN¥-5.34 Billion -11.19%
Total Change CN¥- -12.84%

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: 0.45x
  • 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 11.73x to 0.45x 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¥2.29 x
1995-12-31 CN¥0.20 CN¥2.29 x
1996-12-31 CN¥0.28 CN¥2.29 x
1997-12-31 CN¥0.70 CN¥2.29 x
1998-12-31 CN¥0.71 CN¥2.29 x
1999-12-31 CN¥0.75 CN¥2.29 x
2000-12-31 CN¥0.96 CN¥2.29 x
2001-12-31 CN¥0.99 CN¥2.29 x
2002-12-31 CN¥1.03 CN¥2.29 x
2003-12-31 CN¥1.23 CN¥2.29 x
2004-12-31 CN¥1.39 CN¥2.29 x
2005-12-31 CN¥1.55 CN¥2.29 x
2006-12-31 CN¥3.62 CN¥2.29 x
2007-12-31 CN¥6.21 CN¥2.29 x
2008-12-31 CN¥5.65 CN¥2.29 x
2009-12-31 CN¥5.55 CN¥2.29 x
2010-12-31 CN¥5.75 CN¥2.29 x
2011-12-31 CN¥5.40 CN¥2.29 x
2012-12-31 CN¥4.95 CN¥2.29 x
2013-12-31 CN¥4.98 CN¥2.29 x
2014-12-31 CN¥5.07 CN¥2.29 x
2015-12-31 CN¥4.60 CN¥2.29 x
2016-12-31 CN¥4.76 CN¥2.29 x
2017-12-31 CN¥5.31 CN¥2.29 x
2018-12-31 CN¥5.49 CN¥2.29 x
2019-12-31 CN¥5.45 CN¥2.29 x
2020-12-31 CN¥5.34 CN¥2.29 x
2021-12-31 CN¥6.17 CN¥2.29 x
2022-12-31 CN¥5.92 CN¥2.29 x
2023-12-31 CN¥5.83 CN¥2.29 x
2024-12-31 CN¥5.08 CN¥2.29 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): -14.94%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.78%
  • • Asset Turnover: 1.04x
  • • Equity Multiplier: 2.11x
  • Recent ROE (-14.94%) is below the historical average (6.82%), 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 6.98% 5.00% 1.02x 1.36x CN¥-212.04 Million
2001 5.61% 4.25% 0.93x 1.42x CN¥-316.40 Million
2002 7.92% 5.52% 0.87x 1.65x CN¥-156.35 Million
2003 16.01% 9.87% 0.97x 1.68x CN¥537.75 Million
2004 17.53% 7.65% 1.51x 1.51x CN¥762.94 Million
2005 18.35% 7.85% 1.85x 1.26x CN¥946.56 Million
2006 23.78% 12.99% 0.93x 1.96x CN¥4.11 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 -8.64% -5.15% 0.77x 2.17x CN¥-8.68 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% 0.66x 1.96x CN¥-2.87 Billion
2017 13.28% 7.24% 1.03x 1.79x CN¥1.64 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 11.67% 5.12% 1.40x 1.63x CN¥997.40 Million
2022 0.19% 0.08% 1.35x 1.67x CN¥-5.71 Billion
2023 -5.95% -2.82% 1.19x 1.77x CN¥-8.73 Billion
2024 -14.94% -6.78% 1.04x 2.11x CN¥-11.89 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: $22,036,172,353
  • Average return on equity (ROE) among peers: 6.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Angang Steel Co Ltd Class A (000898) CN¥46.79 Billion 26.86% 1.08x $2.67 Billion
CITIC Pacific Special Steel Group Co Ltd (000708) $32.97 Billion 23.59% 1.57x $11.26 Billion
HBIS Co Ltd (000709) $44.79 Billion 0.26% 2.73x $3.52 Billion
Sgis Songshan Co Ltd (000717) $9.19 Billion -14.12% 1.19x $879.62 Million
Bengang Steel Plates Co Ltd (000761) $15.56 Billion 5.11% 1.64x $1.60 Billion
Xinxing Ductile Iron Pipes Co Ltd (000778) $14.00 Billion 9.04% 1.87x $2.67 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825) $33.44 Billion 5.19% 1.04x $3.54 Billion
Jiangsu Fasten Co Ltd (000890) $211.95 Million 0.21% 7.68x $961.31 Million
Hunan Valin Steel Co Ltd (000932) $14.58 Billion 28.26% 4.14x $4.69 Billion
Beijing Shougang Co Ltd (000959) $33.58 Billion 1.19% 2.79x $5.17 Billion

About Angang Steel Co Ltd Class A

SHE:000898 China Steel
Market Cap
$2.67 Billion
CN¥18.22 Billion CNY
Market Cap Rank
#5306 Global
#1058 in China
Share Price
CN¥2.29
Change (1 day)
-1.72%
52-Week Range
CN¥2.26 - CN¥2.89
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