Jiangsu Shagang Co Ltd (002075) - Net Assets
Based on the latest financial reports, Jiangsu Shagang Co Ltd (002075) has net assets worth CN¥10.39 Billion CNY (≈ $1.52 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥26.61 Billion ≈ $3.89 Billion USD) and total liabilities (CN¥16.22 Billion ≈ $2.37 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 Jiangsu Shagang Co Ltd (002075) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.39 Billion |
| % of Total Assets | 39.06% |
| Annual Growth Rate | 20.48% |
| 5-Year Change | 7.07% |
| 10-Year Change | 113.79% |
| Growth Volatility | 45.52 |
Jiangsu Shagang Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Jiangsu Shagang Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Jiangsu Shagang Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jiangsu Shagang Co Ltd (2003–2025)
The table below shows the annual net assets of Jiangsu Shagang Co Ltd from 2003 to 2025. For live valuation and market cap data, see 002075 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥10.31 Billion ≈ $1.51 Billion |
+3.91% |
| 2024-12-31 | CN¥9.92 Billion ≈ $1.45 Billion |
+0.47% |
| 2023-12-31 | CN¥9.87 Billion ≈ $1.45 Billion |
+0.84% |
| 2022-12-31 | CN¥9.79 Billion ≈ $1.43 Billion |
+1.70% |
| 2021-12-31 | CN¥9.63 Billion ≈ $1.41 Billion |
+19.38% |
| 2020-12-31 | CN¥8.07 Billion ≈ $1.18 Billion |
+7.33% |
| 2019-12-31 | CN¥7.52 Billion ≈ $1.10 Billion |
-0.20% |
| 2018-12-31 | CN¥7.53 Billion ≈ $1.10 Billion |
+22.47% |
| 2017-12-31 | CN¥6.15 Billion ≈ $899.78 Million |
+27.51% |
| 2016-12-31 | CN¥4.82 Billion ≈ $705.66 Million |
+18.95% |
| 2015-12-31 | CN¥4.05 Billion ≈ $593.23 Million |
-3.71% |
| 2014-12-31 | CN¥4.21 Billion ≈ $616.11 Million |
+1.66% |
| 2013-12-31 | CN¥4.14 Billion ≈ $606.02 Million |
-1.26% |
| 2012-12-31 | CN¥4.19 Billion ≈ $613.77 Million |
-0.52% |
| 2011-12-31 | CN¥4.22 Billion ≈ $617.00 Million |
+9.94% |
| 2010-12-31 | CN¥3.84 Billion ≈ $561.22 Million |
+1763.20% |
| 2009-12-31 | CN¥-230.60 Million ≈ $-33.74 Million |
-242.30% |
| 2008-12-31 | CN¥-67.37 Million ≈ $-9.86 Million |
-115.00% |
| 2007-12-31 | CN¥449.03 Million ≈ $65.71 Million |
-28.95% |
| 2006-12-31 | CN¥632.03 Million ≈ $92.49 Million |
+160.60% |
| 2005-12-31 | CN¥242.53 Million ≈ $35.49 Million |
+20.26% |
| 2004-12-31 | CN¥201.67 Million ≈ $29.51 Million |
+17.84% |
| 2003-12-31 | CN¥171.14 Million ≈ $25.04 Million |
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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 15863.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.16 Billion | 78.50% |
| Other Components | CN¥1.41 Billion | 21.50% |
| Total Equity | CN¥6.57 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 |
|---|---|
|
U-Haul Holding Company
NYSE:UHAL
|
$1.22 Billion |
|
GuangZhou BaiYun Elec Equip Co
SHG:603861
|
$1.22 Billion |
|
Clear Channel Outdoor Holdings Inc
NYSE:CCO
|
$1.22 Billion |
|
Wanbangde Pharmaceutical Holding Group Co Ltd
SHE:002082
|
$1.22 Billion |
|
Herbalife Nutrition Ltd
F:HOO
|
$1.22 Billion |
|
Temple Bar Investment Trust
LSE:TMPL
|
$1.22 Billion |
|
KCTech Co Ltd
KO:281820
|
$1.22 Billion |
|
InnovAge Holding Corp
NASDAQ:INNV
|
$1.22 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 2024 to 2025, total equity changed from 6,403,042,252 to 6,568,133,598, a change of 165,091,346 (2.6%).
- Net income of 267,423,332 contributed positively to equity growth.
- Dividend payments of 135,371,711 reduced retained earnings.
- Other comprehensive income decreased equity by 301,560,025.
- Other factors increased equity by 334,599,751.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥267.42 Million | +4.07% |
| Dividends Paid | CN¥135.37 Million | -2.06% |
| Other Comprehensive Income | CN¥-301.56 Million | -4.59% |
| Other Changes | CN¥334.60 Million | +5.09% |
| Total Change | CN¥- | 2.58% |
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: 1.27x
- 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 6.55x to 1.27x 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¥3.80 | x |
| 2004-12-31 | CN¥0.69 | CN¥3.80 | x |
| 2005-12-31 | CN¥0.82 | CN¥3.80 | x |
| 2006-12-31 | CN¥1.86 | CN¥3.80 | x |
| 2007-12-31 | CN¥0.80 | CN¥3.80 | x |
| 2008-12-31 | CN¥-0.12 | CN¥3.80 | x |
| 2009-12-31 | CN¥-0.14 | CN¥3.80 | x |
| 2010-12-31 | CN¥1.19 | CN¥3.80 | x |
| 2011-12-31 | CN¥1.06 | CN¥3.80 | x |
| 2012-12-31 | CN¥1.05 | CN¥3.80 | x |
| 2013-12-31 | CN¥1.06 | CN¥3.80 | x |
| 2014-12-31 | CN¥1.09 | CN¥3.80 | x |
| 2015-12-31 | CN¥1.06 | CN¥3.80 | x |
| 2016-12-31 | CN¥1.24 | CN¥3.80 | x |
| 2017-12-31 | CN¥1.53 | CN¥3.80 | x |
| 2018-12-31 | CN¥2.01 | CN¥3.80 | x |
| 2019-12-31 | CN¥2.25 | CN¥3.80 | x |
| 2020-12-31 | CN¥2.38 | CN¥3.80 | x |
| 2021-12-31 | CN¥2.79 | CN¥3.80 | x |
| 2022-12-31 | CN¥2.92 | CN¥3.80 | x |
| 2023-12-31 | CN¥3.02 | CN¥3.80 | x |
| 2024-12-31 | CN¥2.76 | CN¥3.80 | x |
| 2025-12-31 | CN¥2.99 | CN¥3.80 | 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): 4.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.04%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 3.38x
- Recent ROE (4.07%) is below the historical average (6.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 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 |
| 2025 | 4.07% | 2.04% | 0.59x | 3.38x | CN¥-389.39 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: $21,781,903,500
- Average return on equity (ROE) among peers: 6.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Shagang Co Ltd (002075) | CN¥10.39 Billion | 11.59% | 1.56x | $1.22 Billion |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $1.50 Billion | 9.93% | 1.05x | $9.99 Billion |
| HBIS Co Ltd (000709) | $58.84 Billion | 4.33% | 2.60x | $3.12 Billion |
| Sgis Songshan Co Ltd (000717) | $5.02 Billion | 18.91% | 1.20x | $741.29 Million |
| Bengang Steel Plates Co Ltd (000761) | $16.74 Billion | 9.51% | 0.75x | $1.25 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $5.28 Billion | 9.06% | 0.96x | $2.34 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $3.37 Billion | 8.80% | 0.69x | $3.14 Billion |
| Jiangsu Fasten Co Ltd (000890) | $1.26 Billion | 2.05% | 2.02x | $546.34 Million |
| Angang Steel Co Ltd Class A (000898) | $53.80 Billion | 1.35% | 0.88x | $2.33 Billion |
| Hunan Valin Steel Co Ltd (000932) | $17.42 Billion | 0.69% | 2.69x | $3.65 Billion |
| Beijing Shougang Co Ltd (000959) | $54.60 Billion | 0.86% | 1.41x | $3.68 Billion |
About 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