Yongxing Special Stainless Steel Co Ltd (002756) - Net Assets
Based on the latest financial reports, Yongxing Special Stainless Steel Co Ltd (002756) has net assets worth CN¥13.38 Billion CNY (≈ $1.96 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¥15.11 Billion ≈ $2.21 Billion USD) and total liabilities (CN¥1.73 Billion ≈ $253.24 Million 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. Also explore 002756 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥13.38 Billion |
| % of Total Assets | 88.55% |
| Annual Growth Rate | 19.74% |
| 5-Year Change | 151.28% |
| 10-Year Change | 318.93% |
| Growth Volatility | 35.57 |
Yongxing Special Stainless Steel Co Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Yongxing Special Stainless Steel Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 002756 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Annual Net Assets for Yongxing Special Stainless Steel Co Ltd (2009–2025)
The table below shows the annual net assets of Yongxing Special Stainless Steel Co Ltd from 2009 to 2025. For live market cap and overall valuation, see Yongxing Special Stainless Steel Co Ltd (002756) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥12.86 Billion ≈ $1.88 Billion |
+2.55% |
| 2024-12-31 | CN¥12.54 Billion ≈ $1.83 Billion |
-5.55% |
| 2023-12-31 | CN¥13.28 Billion ≈ $1.94 Billion |
+5.59% |
| 2022-12-31 | CN¥12.57 Billion ≈ $1.84 Billion |
+145.69% |
| 2021-12-31 | CN¥5.12 Billion ≈ $748.80 Million |
+24.99% |
| 2020-12-31 | CN¥4.09 Billion ≈ $599.10 Million |
+18.43% |
| 2019-12-31 | CN¥3.46 Billion ≈ $505.88 Million |
+1.25% |
| 2018-12-31 | CN¥3.41 Billion ≈ $499.63 Million |
+1.21% |
| 2017-12-31 | CN¥3.37 Billion ≈ $493.65 Million |
+9.91% |
| 2016-12-31 | CN¥3.07 Billion ≈ $449.15 Million |
+6.65% |
| 2015-12-31 | CN¥2.88 Billion ≈ $421.14 Million |
+68.94% |
| 2014-12-31 | CN¥1.70 Billion ≈ $249.28 Million |
+15.36% |
| 2013-12-31 | CN¥1.48 Billion ≈ $216.08 Million |
+16.02% |
| 2012-12-31 | CN¥1.27 Billion ≈ $186.25 Million |
+18.17% |
| 2011-12-31 | CN¥1.08 Billion ≈ $157.61 Million |
+21.99% |
| 2010-12-31 | CN¥882.91 Million ≈ $129.20 Million |
+22.64% |
| 2009-12-31 | CN¥719.92 Million ≈ $105.35 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Yongxing Special Stainless 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 1870.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥9.37 Billion | 73.92% |
| Other Components | CN¥3.31 Billion | 26.08% |
| Total Equity | CN¥12.68 Billion | 100.00% |
Yongxing Special Stainless Steel Co Ltd Competitors by Market Cap
The table below lists competitors of Yongxing Special Stainless Steel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Electric Power Development Co Ltd
SHE:000539
|
$3.88 Billion |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716
|
$3.88 Billion |
|
Howard Hughes Holdings Inc.
NYSE:HHH
|
$3.88 Billion |
|
Golar LNG Limited
F:G2O
|
$3.88 Billion |
|
Ningbo Orient Wires and Cables Co Ltd
SHG:603606
|
$3.88 Billion |
|
Motor Oil (Hellas) Corinth Refineries S.A
AT:MOH
|
$3.88 Billion |
|
Skyline Corporation
NYSE:SKY
|
$3.87 Billion |
|
Planet Fitness Inc
NYSE:PLNT
|
$3.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yongxing Special Stainless Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,359,217,711 to 12,677,904,164, a change of 318,686,453 (2.6%).
- Net income of 661,462,878 contributed positively to equity growth.
- Dividend payments of 427,267,381 reduced retained earnings.
- Other comprehensive income decreased equity by 608,329,640.
- Other factors increased equity by 692,820,596.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥661.46 Million | +5.22% |
| Dividends Paid | CN¥427.27 Million | -3.37% |
| Other Comprehensive Income | CN¥-608.33 Million | -4.8% |
| Other Changes | CN¥692.82 Million | +5.46% |
| Total Change | CN¥- | 2.58% |
Book Value vs Market Value Analysis
This analysis compares Yongxing Special Stainless 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: 2.09x
- 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 24.04x to 2.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥2.05 | CN¥49.21 | x |
| 2010-12-31 | CN¥2.52 | CN¥49.21 | x |
| 2011-12-31 | CN¥3.06 | CN¥49.21 | x |
| 2012-12-31 | CN¥3.63 | CN¥49.21 | x |
| 2013-12-31 | CN¥4.19 | CN¥49.21 | x |
| 2014-12-31 | CN¥4.85 | CN¥49.21 | x |
| 2015-12-31 | CN¥6.89 | CN¥49.21 | x |
| 2016-12-31 | CN¥6.52 | CN¥49.21 | x |
| 2017-12-31 | CN¥7.23 | CN¥49.21 | x |
| 2018-12-31 | CN¥7.30 | CN¥49.21 | x |
| 2019-12-31 | CN¥7.24 | CN¥49.21 | x |
| 2020-12-31 | CN¥7.97 | CN¥49.21 | x |
| 2021-12-31 | CN¥9.56 | CN¥49.21 | x |
| 2022-12-31 | CN¥23.18 | CN¥49.21 | x |
| 2023-12-31 | CN¥24.12 | CN¥49.21 | x |
| 2024-12-31 | CN¥23.33 | CN¥49.21 | x |
| 2025-12-31 | CN¥23.52 | CN¥49.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yongxing Special Stainless 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): 5.22%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.91%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.15x
- Recent ROE (5.22%) is below the historical average (16.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 27.97% | 8.58% | 2.15x | 1.52x | CN¥129.37 Million |
| 2010 | 26.95% | 6.43% | 2.47x | 1.70x | CN¥149.70 Million |
| 2011 | 21.51% | 4.12% | 2.66x | 1.96x | CN¥123.96 Million |
| 2012 | 17.76% | 4.71% | 2.55x | 1.48x | CN¥98.79 Million |
| 2013 | 15.69% | 6.15% | 2.00x | 1.27x | CN¥84.07 Million |
| 2014 | 15.51% | 6.57% | 1.99x | 1.18x | CN¥93.78 Million |
| 2015 | 7.70% | 6.59% | 1.04x | 1.12x | CN¥-66.20 Million |
| 2016 | 8.26% | 8.02% | 0.91x | 1.13x | CN¥-53.34 Million |
| 2017 | 10.42% | 8.72% | 1.02x | 1.17x | CN¥14.28 Million |
| 2018 | 11.37% | 8.08% | 1.10x | 1.28x | CN¥46.80 Million |
| 2019 | 10.13% | 7.00% | 1.08x | 1.34x | CN¥4.51 Million |
| 2020 | 6.41% | 5.19% | 0.93x | 1.33x | CN¥-144.78 Million |
| 2021 | 17.61% | 12.32% | 1.13x | 1.26x | CN¥383.46 Million |
| 2022 | 51.47% | 40.57% | 1.01x | 1.26x | CN¥5.09 Billion |
| 2023 | 26.24% | 27.95% | 0.79x | 1.19x | CN¥2.11 Billion |
| 2024 | 8.44% | 12.92% | 0.59x | 1.12x | CN¥-192.45 Million |
| 2025 | 5.22% | 8.91% | 0.51x | 1.15x | CN¥-606.33 Million |
Industry Comparison
This section compares Yongxing Special Stainless Steel Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $20,119,355,373
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yongxing Special Stainless Steel Co Ltd (002756) | CN¥13.38 Billion | 27.97% | 0.13x | $3.88 Billion |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $45.47 Billion | 13.04% | 1.43x | $10.29 Billion |
| HBIS Co Ltd (000709) | $6.74 Billion | 8.64% | 0.79x | $3.25 Billion |
| Sgis Songshan Co Ltd (000717) | $4.68 Billion | -24.33% | 4.21x | $805.13 Million |
| Bengang Steel Plates Co Ltd (000761) | $2.96 Billion | 10.05% | 0.30x | $1.26 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $18.31 Billion | 3.28% | 1.78x | $2.20 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $26.14 Billion | 2.41% | 1.90x | $2.97 Billion |
| Jiangsu Fasten Co Ltd (000890) | $223.45 Million | 17.91% | 7.78x | $465.31 Million |
| Angang Steel Co Ltd Class A (000898) | $53.10 Billion | 5.63% | 0.74x | $2.38 Billion |
| Hunan Valin Steel Co Ltd (000932) | $38.53 Billion | 16.60% | 1.36x | $3.74 Billion |
| Beijing Shougang Co Ltd (000959) | $5.04 Billion | 14.08% | 0.93x | $4.21 Billion |
About Yongxing Special Stainless Steel Co Ltd
Yongxing Special Materials Technology Co.,Ltd engages in the development, production, and sale of stainless steel rods and wires, special alloy materials, and lithium battery materials in China and internationally. The company offers austentic, duplex, and ferritic stainless steel; iron nickel based alloy; lithium titanate batteries, as well as battery-grade lithium carbonate. Its products are us… Read more