Jiangsu Shagang Co Ltd
Jiangsu Shagang Co., Ltd. engages in the development, smelting, processing, and sale of ferrous metals in China and internationally. It offers steel products, including automotive, engineering machinery, energy, machinery industry, rail transit, mining, and ship anchor chain steel products; casting round billets; gear products, such as automobile engine, gearbox, rear axle, spiral bevel, commerci… Read more
Jiangsu Shagang Co Ltd (002075) - Net Assets
Latest net assets as of September 2025: CN¥10.29 Billion CNY
Based on the latest financial reports, Jiangsu Shagang Co Ltd (002075) has net assets worth CN¥10.29 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¥24.28 Billion) and total liabilities (CN¥13.98 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¥10.29 Billion |
| % of Total Assets | 42.4% |
| Annual Growth Rate | 21.33% |
| 5-Year Change | 23.0% |
| 10-Year Change | 144.73% |
| Growth Volatility | 46.69 |
Jiangsu Shagang Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Jiangsu Shagang 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 Jiangsu Shagang Co Ltd (2003–2024)
The table below shows the annual net assets of Jiangsu Shagang Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.92 Billion | +0.47% |
| 2023-12-31 | CN¥9.87 Billion | +0.84% |
| 2022-12-31 | CN¥9.79 Billion | +1.70% |
| 2021-12-31 | CN¥9.63 Billion | +19.38% |
| 2020-12-31 | CN¥8.07 Billion | +7.33% |
| 2019-12-31 | CN¥7.52 Billion | -0.20% |
| 2018-12-31 | CN¥7.53 Billion | +22.47% |
| 2017-12-31 | CN¥6.15 Billion | +27.51% |
| 2016-12-31 | CN¥4.82 Billion | +18.95% |
| 2015-12-31 | CN¥4.05 Billion | -3.71% |
| 2014-12-31 | CN¥4.21 Billion | +1.66% |
| 2013-12-31 | CN¥4.14 Billion | -1.26% |
| 2012-12-31 | CN¥4.19 Billion | -0.52% |
| 2011-12-31 | CN¥4.22 Billion | +9.94% |
| 2010-12-31 | CN¥3.84 Billion | +1763.20% |
| 2009-12-31 | CN¥-230.60 Million | -242.30% |
| 2008-12-31 | CN¥-67.37 Million | -115.00% |
| 2007-12-31 | CN¥449.03 Million | -28.95% |
| 2006-12-31 | CN¥632.03 Million | +160.60% |
| 2005-12-31 | CN¥242.53 Million | +20.26% |
| 2004-12-31 | CN¥201.67 Million | +17.84% |
| 2003-12-31 | CN¥171.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Shagang 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 15386.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.00 Billion | 78.11% |
| Common Stock | CN¥2.19 Billion | 34.26% |
| Other Comprehensive Income | CN¥301.56 Million | 4.71% |
| Total Equity | CN¥6.40 Billion | 100.00% |
Jiangsu Shagang Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Shagang Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
E-Mart
KO:139480
|
$1.05 Billion |
|
SIMCERE PHARMAC. GRP LTD
F:S2P
|
$1.05 Billion |
|
Top Glove Corporation Bhd
PINK:TPGVF
|
$1.05 Billion |
|
Beacon Financial Corporation
NYSE:BBT
|
$1.06 Billion |
|
Acbel Polytech Inc
TW:6282
|
$1.05 Billion |
|
SPIC Dongfang New Energy Corp
SHE:000958
|
$1.05 Billion |
|
Mercialys SA
PA:MERY
|
$1.05 Billion |
|
Tongding Interconnection Information
SHE:002491
|
$1.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Shagang Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,498,998,401 to 6,403,042,252, a change of -95,956,149 (-1.5%).
- Net income of 162,582,933 contributed positively to equity growth.
- Dividend payments of 195,460,883 reduced retained earnings.
- Other comprehensive income increased equity by 301,560,025.
- Other factors decreased equity by 364,638,224.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥162.58 Million | +2.54% |
| Dividends Paid | CN¥195.46 Million | -3.05% |
| Other Comprehensive Income | CN¥301.56 Million | +4.71% |
| Other Changes | CN¥-364.64 Million | -5.69% |
| Total Change | CN¥- | -1.48% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Shagang 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: 1.90x
- 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 9.02x to 1.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.58 | CN¥5.23 | x |
| 2004-12-31 | CN¥0.69 | CN¥5.23 | x |
| 2005-12-31 | CN¥0.82 | CN¥5.23 | x |
| 2006-12-31 | CN¥1.86 | CN¥5.23 | x |
| 2007-12-31 | CN¥0.80 | CN¥5.23 | x |
| 2008-12-31 | CN¥-0.12 | CN¥5.23 | x |
| 2009-12-31 | CN¥-0.14 | CN¥5.23 | x |
| 2010-12-31 | CN¥1.19 | CN¥5.23 | x |
| 2011-12-31 | CN¥1.06 | CN¥5.23 | x |
| 2012-12-31 | CN¥1.05 | CN¥5.23 | x |
| 2013-12-31 | CN¥1.06 | CN¥5.23 | x |
| 2014-12-31 | CN¥1.09 | CN¥5.23 | x |
| 2015-12-31 | CN¥1.06 | CN¥5.23 | x |
| 2016-12-31 | CN¥1.24 | CN¥5.23 | x |
| 2017-12-31 | CN¥1.53 | CN¥5.23 | x |
| 2018-12-31 | CN¥2.01 | CN¥5.23 | x |
| 2019-12-31 | CN¥2.25 | CN¥5.23 | x |
| 2020-12-31 | CN¥2.38 | CN¥5.23 | x |
| 2021-12-31 | CN¥2.79 | CN¥5.23 | x |
| 2022-12-31 | CN¥2.92 | CN¥5.23 | x |
| 2023-12-31 | CN¥3.02 | CN¥5.23 | x |
| 2024-12-31 | CN¥2.76 | CN¥5.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Shagang 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): 2.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.13%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 3.80x
- Recent ROE (2.54%) is below the historical average (6.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 11.59% | 2.19% | 1.25x | 4.24x | CN¥2.61 Million |
| 2004 | 15.68% | 2.19% | 1.32x | 5.43x | CN¥11.06 Million |
| 2005 | 16.23% | 1.95% | 1.64x | 5.09x | CN¥14.48 Million |
| 2006 | 8.08% | 1.75% | 1.45x | 3.18x | CN¥-11.99 Million |
| 2007 | -40.20% | -5.72% | 1.35x | 5.19x | CN¥-223.22 Million |
| 2008 | 0.00% | -36.36% | 1.56x | 0.00x | CN¥-505.28 Million |
| 2009 | 0.00% | 300.09% | 0.04x | 0.00x | CN¥128.56 Million |
| 2010 | 17.94% | 2.85% | 1.09x | 5.79x | CN¥158.45 Million |
| 2011 | 12.12% | 1.85% | 1.48x | 4.43x | CN¥48.62 Million |
| 2012 | 0.98% | 0.19% | 1.49x | 3.52x | CN¥-209.18 Million |
| 2013 | 1.20% | 0.26% | 1.29x | 3.57x | CN¥-206.88 Million |
| 2014 | 1.47% | 0.34% | 1.44x | 2.99x | CN¥-203.64 Million |
| 2015 | -3.50% | -1.10% | 1.12x | 2.84x | CN¥-311.29 Million |
| 2016 | 8.03% | 2.90% | 0.97x | 2.86x | CN¥-53.82 Million |
| 2017 | 20.80% | 5.68% | 1.29x | 2.85x | CN¥366.01 Million |
| 2018 | 26.39% | 8.00% | 1.28x | 2.58x | CN¥730.95 Million |
| 2019 | 10.65% | 3.92% | 1.17x | 2.32x | CN¥32.06 Million |
| 2020 | 12.43% | 4.50% | 1.09x | 2.52x | CN¥126.92 Million |
| 2021 | 18.15% | 6.02% | 1.20x | 2.51x | CN¥499.35 Million |
| 2022 | 7.07% | 2.49% | 1.08x | 2.63x | CN¥-187.46 Million |
| 2023 | 3.46% | 1.44% | 0.67x | 3.61x | CN¥-424.87 Million |
| 2024 | 2.54% | 1.13% | 0.59x | 3.80x | CN¥-477.72 Million |
Industry Comparison
This section compares Jiangsu Shagang Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $18,547,616,490
- Average return on equity (ROE) among peers: 8.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Shagang Co Ltd (002075) | CN¥10.29 Billion | 11.59% | 1.36x | $1.05 Billion |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $1.55 Billion | 1.01% | 1.42x | $1.85 Billion |
| HBIS Co Ltd (000709) | $9.53 Billion | 14.99% | 2.00x | $1.24 Billion |
| Sgis Songshan Co Ltd (000717) | $2.28 Billion | 9.87% | 0.31x | $429.26 Million |
| Bengang Steel Plates Co Ltd (000761) | $15.56 Billion | 5.11% | 1.64x | $448.58 Million |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $26.34 Billion | 7.62% | 1.03x | $1.50 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $2.09 Billion | 9.33% | 0.71x | $1.32 Billion |
| Jiangsu Fasten Co Ltd (000890) | $945.38 Million | 15.14% | 9.25x | $283.59 Million |
| Angang Steel Co Ltd Class A (000898) | $54.26 Billion | 13.87% | 0.60x | $1.17 Billion |
| Hunan Valin Steel Co Ltd (000932) | $18.32 Billion | 8.80% | 1.64x | $1.17 Billion |
| Beijing Shougang Co Ltd (000959) | $54.60 Billion | 0.86% | 1.41x | $904.12 Million |