Hunan Valin Steel Co Ltd (000932) - Net Assets

Latest as of September 2025: CN¥68.46 Billion CNY ≈ $10.02 Billion USD

Based on the latest financial reports, Hunan Valin Steel Co Ltd (000932) has net assets worth CN¥68.46 Billion CNY (≈ $10.02 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¥153.97 Billion ≈ $22.53 Billion USD) and total liabilities (CN¥85.51 Billion ≈ $12.51 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 how resilient are Hunan Valin Steel Co Ltd's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore 000932 total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 000932 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥65.14 Billion ≈ $9.53 Billion	+1.25%
2023-12-31	CN¥64.34 Billion ≈ $9.42 Billion	+11.72%
2022-12-31	CN¥57.59 Billion ≈ $8.43 Billion	+13.26%
2021-12-31	CN¥50.85 Billion ≈ $7.44 Billion	+31.99%
2020-12-31	CN¥38.53 Billion ≈ $5.64 Billion	+18.44%
2019-12-31	CN¥32.53 Billion ≈ $4.76 Billion	+23.96%
2018-12-31	CN¥26.24 Billion ≈ $3.84 Billion	+79.97%
2017-12-31	CN¥14.58 Billion ≈ $2.13 Billion	+56.84%
2016-12-31	CN¥9.30 Billion ≈ $1.36 Billion	-12.90%
2015-12-31	CN¥10.67 Billion ≈ $1.56 Billion	-27.39%
2014-12-31	CN¥14.70 Billion ≈ $2.15 Billion	+13.64%
2013-12-31	CN¥12.93 Billion ≈ $1.89 Billion	+10.68%
2012-12-31	CN¥11.69 Billion ≈ $1.71 Billion	-23.04%
2011-12-31	CN¥15.18 Billion ≈ $2.22 Billion	+4.80%
2010-12-31	CN¥14.49 Billion ≈ $2.12 Billion	-16.83%
2009-12-31	CN¥17.42 Billion ≈ $2.55 Billion	+5.66%
2008-12-31	CN¥16.49 Billion ≈ $2.41 Billion	-10.00%
2007-12-31	CN¥18.32 Billion ≈ $2.68 Billion	+41.61%
2006-12-31	CN¥12.94 Billion ≈ $1.89 Billion	+17.03%
2005-12-31	CN¥11.05 Billion ≈ $1.62 Billion	+27.51%
2004-12-31	CN¥8.67 Billion ≈ $1.27 Billion	+23.60%
2003-12-31	CN¥7.01 Billion ≈ $1.03 Billion	+13.52%
2002-12-31	CN¥6.18 Billion ≈ $904.25 Million	+36.00%
2001-12-31	CN¥4.54 Billion ≈ $664.90 Million	+31.83%
2000-12-31	CN¥3.45 Billion ≈ $504.36 Million	+24.22%
1999-12-31	CN¥2.77 Billion ≈ $406.03 Million	+63.52%
1998-12-31	CN¥1.70 Billion ≈ $248.31 Million	+22.19%
1997-12-31	CN¥1.39 Billion ≈ $203.22 Million	+10.60%
1996-12-31	CN¥1.26 Billion ≈ $183.74 Million	--

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
Companhia Energética de Minas Gerais MX:CIGN	$4.69 Billion
First Capital Securities Co Ltd Class A SHE:002797	$4.69 Billion
Guoyuan Securities Co Ltd SHE:000728	$4.69 Billion
Fujian Anjoy Foods Co Ltd SHG:603345	$4.69 Billion
Scholar Rock Holding Corp NASDAQ:SRRK	$4.69 Billion
Mobile World Investment Corp VN:MWG	$4.69 Billion
Millrose Properties, Inc. NYSE:MRP	$4.68 Billion
Nanning Chemical Industry Co Ltd SHG:600301	$4.68 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: 0.60x
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 11.43x to 0.60x 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¥4.64	x
1997-12-31	CN¥0.45	CN¥4.64	x
1998-12-31	CN¥0.55	CN¥4.64	x
1999-12-31	CN¥0.90	CN¥4.64	x
2000-12-31	CN¥1.09	CN¥4.64	x
2001-12-31	CN¥1.15	CN¥4.64	x
2002-12-31	CN¥1.61	CN¥4.64	x
2003-12-31	CN¥1.86	CN¥4.64	x
2004-12-31	CN¥2.16	CN¥4.64	x
2005-12-31	CN¥2.71	CN¥4.64	x
2006-12-31	CN¥3.19	CN¥4.64	x
2007-12-31	CN¥4.82	CN¥4.64	x
2008-12-31	CN¥3.79	CN¥4.64	x
2009-12-31	CN¥3.97	CN¥4.64	x
2010-12-31	CN¥3.25	CN¥4.64	x
2011-12-31	CN¥3.20	CN¥4.64	x
2012-12-31	CN¥2.37	CN¥4.64	x
2013-12-31	CN¥2.40	CN¥4.64	x
2014-12-31	CN¥2.42	CN¥4.64	x
2015-12-31	CN¥1.72	CN¥4.64	x
2016-12-31	CN¥1.48	CN¥4.64	x
2017-12-31	CN¥2.45	CN¥4.64	x
2018-12-31	CN¥4.15	CN¥4.64	x
2019-12-31	CN¥6.68	CN¥4.64	x
2020-12-31	CN¥5.38	CN¥4.64	x
2021-12-31	CN¥6.95	CN¥4.64	x
2022-12-31	CN¥7.23	CN¥4.64	x
2023-12-31	CN¥7.71	CN¥4.64	x
2024-12-31	CN¥7.77	CN¥4.64	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: $15,271,664,177
Average return on equity (ROE) among peers: 13.95%

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	$4.69 Billion
CITIC Pacific Special Steel Group Co Ltd (000708)	$2.04 Billion	16.28%	0.85x	$11.26 Billion
HBIS Co Ltd (000709)	$44.79 Billion	0.26%	2.73x	$3.52 Billion
Sgis Songshan Co Ltd (000717)	$10.95 Billion	17.55%	0.88x	$879.62 Million
Bengang Steel Plates Co Ltd (000761)	$947.48 Million	39.62%	1.26x	$1.60 Billion
Xinxing Ductile Iron Pipes Co Ltd (000778)	$17.70 Billion	4.72%	2.01x	$2.67 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825)	$432.96 Million	30.90%	1.82x	$3.54 Billion
Jiangsu Fasten Co Ltd (000890)	$143.07 Million	7.99%	9.80x	$961.31 Million
Angang Steel Co Ltd Class A (000898)	$55.39 Billion	-5.88%	0.75x	$2.67 Billion
Beijing Shougang Co Ltd (000959)	$5.04 Billion	14.08%	0.93x	$5.17 Billion

About Hunan Valin Steel Co Ltd

SHE:000932 China Steel

Market Cap

$4.69 Billion

CN¥32.06 Billion CNY

Market Cap Rank

#3749 Global

#601 in China

Share Price

CN¥4.64

Change (1 day)

-5.88%

52-Week Range

CN¥4.34 - CN¥6.79

All Time High

CN¥657.76