Hunan Valin Steel Co Ltd

SHE:000932 China Steel
Market Cap
$5.81 Billion
CN¥42.63 Billion CNY
Market Cap Rank
#6687 Global
#1045 in China
Share Price
CN¥6.17
Change (1 day)
-2.37%
52-Week Range
CN¥4.34 - CN¥6.79
All Time High
CN¥657.76
Categories
Companies in China Steel
About

Hunan Valin Steel Co., Ltd. engages in the production and sale of ferrous and non-ferrous metal products in China. The company offers steel billets, seamless steel pipes, wire steel, rebar, hot-rolled ultra-thin strip steel coil, cold-rolled sheet coil, galvanized sheet, small and medium-sized steel, hot-rolled medium plate, and other ferrous metals. It also provides ship pipe, structure, geologi… Read more

Hunan Valin Steel Co Ltd (000932) - Net Assets

Latest net assets as of September 2025: CN¥68.46 Billion CNY

Based on the latest financial reports, Hunan Valin Steel Co Ltd (000932) has net assets worth CN¥68.46 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥153.97 Billion) and total liabilities (CN¥85.51 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥68.46 Billion
% of Total Assets 44.47%
Annual Growth Rate 15.15%
5-Year Change 69.09%
10-Year Change 510.31%
Growth Volatility 24.21

Hunan Valin Steel Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Hunan Valin Steel Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hunan Valin Steel Co Ltd (1996–2024)

The table below shows the annual net assets of Hunan Valin Steel Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥65.14 Billion +1.25%
2023-12-31 CN¥64.34 Billion +11.72%
2022-12-31 CN¥57.59 Billion +13.26%
2021-12-31 CN¥50.85 Billion +31.99%
2020-12-31 CN¥38.53 Billion +18.44%
2019-12-31 CN¥32.53 Billion +23.96%
2018-12-31 CN¥26.24 Billion +79.97%
2017-12-31 CN¥14.58 Billion +56.84%
2016-12-31 CN¥9.30 Billion -12.90%
2015-12-31 CN¥10.67 Billion -27.39%
2014-12-31 CN¥14.70 Billion +13.64%
2013-12-31 CN¥12.93 Billion +10.68%
2012-12-31 CN¥11.69 Billion -23.04%
2011-12-31 CN¥15.18 Billion +4.80%
2010-12-31 CN¥14.49 Billion -16.83%
2009-12-31 CN¥17.42 Billion +5.66%
2008-12-31 CN¥16.49 Billion -10.00%
2007-12-31 CN¥18.32 Billion +41.61%
2006-12-31 CN¥12.94 Billion +17.03%
2005-12-31 CN¥11.05 Billion +27.51%
2004-12-31 CN¥8.67 Billion +23.60%
2003-12-31 CN¥7.01 Billion +13.52%
2002-12-31 CN¥6.18 Billion +36.00%
2001-12-31 CN¥4.54 Billion +31.83%
2000-12-31 CN¥3.45 Billion +24.22%
1999-12-31 CN¥2.77 Billion +63.52%
1998-12-31 CN¥1.70 Billion +22.19%
1997-12-31 CN¥1.39 Billion +10.60%
1996-12-31 CN¥1.26 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Hunan Valin Steel 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 624808.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥31.19 Billion 58.12%
Common Stock CN¥6.91 Billion 12.88%
Other Comprehensive Income CN¥1.65 Billion 3.08%
Other Components CN¥13.91 Billion 25.92%
Total Equity CN¥53.66 Billion 100.00%

Hunan Valin Steel Co Ltd Competitors by Market Cap

The table below lists competitors of Hunan Valin Steel Co Ltd ranked by their market capitalization.

Company Market Cap
China Cinda Asset Management Co., Ltd.
F:0CI
 		$1.17 Billion
Tsubakimoto Chain Co
F:TSB
 		$1.17 Billion
Dynamic Holding Co. Ltd.
TW:3715
 		$1.17 Billion
Shenzhen Fortune Trend Technology Co Ltd
SHG:688318
 		$1.17 Billion
Shenzhen Yinghe Technology Co Ltd
SHE:300457
 		$1.17 Billion
Doosan Fuel Cell Co Ltd
KO:336260
 		$1.17 Billion
BW LPG Limited
NYSE:BWLP
 		$1.17 Billion
Shenzhen Overseas Chinese Town Co Ltd
SHE:000069
 		$1.17 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 53,259,733,032 to 53,655,723,000, a change of 395,989,968 (0.7%).
  • Net income of 2,031,760,000 contributed positively to equity growth.
  • Dividend payments of 2,256,869,000 reduced retained earnings.
  • Other comprehensive income increased equity by 104,452,083.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥2.03 Billion +3.79%
Dividends Paid CN¥2.26 Billion -4.21%
Other Comprehensive Income CN¥104.45 Million +0.19%
Other Changes CN¥516.65 Million +0.96%
Total Change CN¥- 0.74%

Book Value vs Market Value Analysis

This analysis compares Hunan Valin Steel 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 15.20x 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
1996-12-31 CN¥0.41 CN¥6.17 x
1997-12-31 CN¥0.45 CN¥6.17 x
1998-12-31 CN¥0.55 CN¥6.17 x
1999-12-31 CN¥0.90 CN¥6.17 x
2000-12-31 CN¥1.09 CN¥6.17 x
2001-12-31 CN¥1.15 CN¥6.17 x
2002-12-31 CN¥1.61 CN¥6.17 x
2003-12-31 CN¥1.86 CN¥6.17 x
2004-12-31 CN¥2.16 CN¥6.17 x
2005-12-31 CN¥2.71 CN¥6.17 x
2006-12-31 CN¥3.19 CN¥6.17 x
2007-12-31 CN¥4.82 CN¥6.17 x
2008-12-31 CN¥3.79 CN¥6.17 x
2009-12-31 CN¥3.97 CN¥6.17 x
2010-12-31 CN¥3.25 CN¥6.17 x
2011-12-31 CN¥3.20 CN¥6.17 x
2012-12-31 CN¥2.37 CN¥6.17 x
2013-12-31 CN¥2.40 CN¥6.17 x
2014-12-31 CN¥2.42 CN¥6.17 x
2015-12-31 CN¥1.72 CN¥6.17 x
2016-12-31 CN¥1.48 CN¥6.17 x
2017-12-31 CN¥2.45 CN¥6.17 x
2018-12-31 CN¥4.15 CN¥6.17 x
2019-12-31 CN¥6.68 CN¥6.17 x
2020-12-31 CN¥5.38 CN¥6.17 x
2021-12-31 CN¥6.95 CN¥6.17 x
2022-12-31 CN¥7.23 CN¥6.17 x
2023-12-31 CN¥7.71 CN¥6.17 x
2024-12-31 CN¥7.77 CN¥6.17 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hunan Valin Steel 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): 3.79%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.40%
  • • Asset Turnover: 0.98x
  • • Equity Multiplier: 2.76x
  • Recent ROE (3.79%) is below the historical average (7.75%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 24.53% 8.30% 1.18x 2.51x CN¥182.39 Million
1997 22.60% 7.18% 1.21x 2.61x CN¥174.96 Million
1998 14.29% 5.36% 1.25x 2.13x CN¥72.75 Million
1999 11.22% 6.38% 1.03x 1.71x CN¥33.73 Million
2000 9.64% 5.25% 1.14x 1.61x CN¥-12.11 Million
2001 13.31% 5.57% 1.09x 2.18x CN¥117.77 Million
2002 10.71% 5.48% 1.06x 1.85x CN¥35.49 Million
2003 13.20% 5.94% 1.01x 2.20x CN¥184.21 Million
2004 15.06% 4.22% 1.01x 3.54x CN¥337.66 Million
2005 6.53% 1.91% 0.86x 3.98x CN¥-290.98 Million
2006 10.87% 3.13% 0.90x 3.83x CN¥85.08 Million
2007 10.81% 3.68% 0.91x 3.25x CN¥121.31 Million
2008 6.57% 1.69% 1.11x 3.49x CN¥-498.20 Million
2009 0.79% 0.29% 0.65x 4.22x CN¥-1.40 Billion
2010 -21.24% -4.36% 0.81x 6.00x CN¥-3.89 Billion
2011 0.53% 0.09% 0.86x 6.48x CN¥-1.26 Billion
2012 -32.58% -5.49% 0.90x 6.57x CN¥-4.25 Billion
2013 1.05% 0.18% 0.84x 6.99x CN¥-906.47 Million
2014 0.73% 0.13% 0.76x 7.15x CN¥-947.60 Million
2015 -40.67% -7.13% 0.54x 10.51x CN¥-3.69 Billion
2016 -16.91% -2.11% 0.70x 11.37x CN¥-1.68 Billion
2017 39.82% 5.37% 1.02x 7.24x CN¥3.09 Billion
2018 42.08% 7.28% 1.35x 4.29x CN¥5.62 Billion
2019 15.56% 4.09% 1.29x 2.94x CN¥1.57 Billion
2020 18.99% 5.49% 1.28x 2.69x CN¥3.03 Billion
2021 21.32% 5.64% 1.61x 2.35x CN¥5.14 Billion
2022 12.77% 3.78% 1.41x 2.40x CN¥1.38 Billion
2023 9.54% 3.09% 1.24x 2.50x CN¥-247.40 Million
2024 3.79% 1.40% 0.98x 2.76x CN¥-3.33 Billion

Industry Comparison

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

Industry Context

  • Industry: Steel
  • Average net assets among peers: $15,262,021,048
  • Average return on equity (ROE) among peers: 20.29%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hunan Valin Steel Co Ltd (000932) CN¥68.46 Billion 24.53% 1.25x $1.17 Billion
CITIC Pacific Special Steel Group Co Ltd (000708) $4.40 Billion 81.30% 0.74x $1.84 Billion
HBIS Co Ltd (000709) $7.63 Billion 11.59% 1.03x $1.27 Billion
Sgis Songshan Co Ltd (000717) $8.00 Billion 22.80% 1.15x $443.11 Million
Bengang Steel Plates Co Ltd (000761) $20.01 Billion 2.78% 2.03x $452.44 Million
Xinxing Ductile Iron Pipes Co Ltd (000778) $2.18 Billion 17.60% 0.97x $1.51 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825) $27.34 Billion 16.91% 1.72x $1.33 Billion
Jiangsu Fasten Co Ltd (000890) $1.18 Billion 1.14% 1.80x $283.59 Million
Angang Steel Co Ltd Class A (000898) $60.19 Billion 11.57% 0.62x $1.19 Billion
Beijing Shougang Co Ltd (000959) $6.43 Billion 16.93% 1.18x $911.24 Million