Inner Mongolia BaoTou Steel Union Co Ltd

SHG:600010 China Steel
Market Cap
$17.71 Billion
CN¥129.98 Billion CNY
Market Cap Rank
#2009 Global
#113 in China
Share Price
CN¥2.87
Change (1 day)
-2.71%
52-Week Range
CN¥1.65 - CN¥3.32
All Time High
CN¥3.93
Categories
Companies in China Steel
About

Inner Mongolia Baotou Steel Union Co., Ltd. produces and sells iron and steel materials in China. The company offers hot-rolled and cold-rolled steel strips, pickled steel strips, hot-dip galvanized steel strips, thick plates, electrical steel, etc. that are used in automobiles, home appliances, shipbuilding, construction, engineering machinery, petroleum, mining machinery, machinery parts manufa… Read more

Inner Mongolia BaoTou Steel Union Co Ltd (600010) - Net Assets

Latest net assets as of September 2025: CN¥61.48 Billion CNY

Based on the latest financial reports, Inner Mongolia BaoTou Steel Union Co Ltd (600010) has net assets worth CN¥61.48 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¥155.47 Billion) and total liabilities (CN¥94.00 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¥61.48 Billion
% of Total Assets 39.54%
Annual Growth Rate 16.86%
5-Year Change -0.51%
10-Year Change 29.6%
Growth Volatility 37.7

Inner Mongolia BaoTou Steel Union Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Inner Mongolia BaoTou Steel Union 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 Inner Mongolia BaoTou Steel Union Co Ltd (1997–2024)

The table below shows the annual net assets of Inner Mongolia BaoTou Steel Union Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥61.31 Billion -0.26%
2023-12-31 CN¥61.46 Billion +0.11%
2022-12-31 CN¥61.39 Billion -4.37%
2021-12-31 CN¥64.20 Billion +4.20%
2020-12-31 CN¥61.62 Billion +1.04%
2019-12-31 CN¥60.98 Billion +15.78%
2018-12-31 CN¥52.67 Billion +6.32%
2017-12-31 CN¥49.54 Billion +4.42%
2016-12-31 CN¥47.44 Billion +0.29%
2015-12-31 CN¥47.30 Billion +146.93%
2014-12-31 CN¥19.16 Billion +0.19%
2013-12-31 CN¥19.12 Billion +45.44%
2012-12-31 CN¥13.15 Billion +0.96%
2011-12-31 CN¥13.02 Billion +2.96%
2010-12-31 CN¥12.65 Billion +1.61%
2009-12-31 CN¥12.45 Billion -13.28%
2008-12-31 CN¥14.35 Billion +1.98%
2007-12-31 CN¥14.07 Billion +79.99%
2006-12-31 CN¥7.82 Billion +22.42%
2005-12-31 CN¥6.39 Billion +29.85%
2004-12-31 CN¥4.92 Billion +18.33%
2003-12-31 CN¥4.16 Billion +15.75%
2002-12-31 CN¥3.59 Billion +3.40%
2001-12-31 CN¥3.47 Billion +122.04%
2000-12-31 CN¥1.56 Billion +11.70%
1999-12-31 CN¥1.40 Billion +53.46%
1998-12-31 CN¥912.57 Million 0.00%
1997-12-31 CN¥912.57 Million --

Equity Component Analysis

This analysis shows how different components contribute to Inner Mongolia BaoTou Steel Union 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 598451200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥5.98 Billion 11.53%
Common Stock CN¥45.40 Billion 87.46%
Other Comprehensive Income CN¥722.86 Million 1.39%
Total Equity CN¥51.91 Billion 100.00%

Inner Mongolia BaoTou Steel Union Co Ltd Competitors by Market Cap

The table below lists competitors of Inner Mongolia BaoTou Steel Union Co Ltd ranked by their market capitalization.

Company Market Cap
The Weir Group PLC
PINK:WEIGF
 		$7.80 Billion
China Aerospace Times Electronics Co Ltd
SHG:600879
 		$7.81 Billion
First Industrial Realty Trust Inc
NYSE:FR
 		$7.81 Billion
China International Capital Corporation Limited
PINK:CNICF
 		$7.81 Billion
Sitime Corporation
NASDAQ:SITM
 		$7.79 Billion
Brixmor Property Group Inc
F:BXR
 		$7.79 Billion
Piraeus Bank S.A.
NASDAQ:PIRBF
 		$7.78 Billion
Bilibili Inc
NASDAQ:BILI
 		$7.78 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 51,820,117,324 to 51,913,300,000, a change of 93,182,676 (0.2%).
  • Net income of 264,629,172 contributed positively to equity growth.
  • Dividend payments of 1,451,477,907 reduced retained earnings.
  • Share repurchases of 199,017,268 reduced equity.
  • Other comprehensive income increased equity by 171,080,462.
  • Other factors increased equity by 1,307,968,217.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥264.63 Million +0.51%
Dividends Paid CN¥1.45 Billion -2.8%
Share Repurchases CN¥199.02 Million -0.38%
Other Comprehensive Income CN¥171.08 Million +0.33%
Other Changes CN¥1.31 Billion +2.52%
Total Change CN¥- 0.18%

Book Value vs Market Value Analysis

This analysis compares Inner Mongolia BaoTou Steel Union 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: 2.52x
  • 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 29.38x to 2.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.10 CN¥2.87 x
1998-12-31 CN¥0.10 CN¥2.87 x
1999-12-31 CN¥0.15 CN¥2.87 x
2000-12-31 CN¥0.17 CN¥2.87 x
2001-12-31 CN¥0.37 CN¥2.87 x
2002-12-31 CN¥0.38 CN¥2.87 x
2003-12-31 CN¥0.45 CN¥2.87 x
2004-12-31 CN¥0.53 CN¥2.87 x
2005-12-31 CN¥0.68 CN¥2.87 x
2006-12-31 CN¥0.84 CN¥2.87 x
2007-12-31 CN¥1.04 CN¥2.87 x
2008-12-31 CN¥0.78 CN¥2.87 x
2009-12-31 CN¥0.68 CN¥2.87 x
2010-12-31 CN¥0.75 CN¥2.87 x
2011-12-31 CN¥0.74 CN¥2.87 x
2012-12-31 CN¥0.70 CN¥2.87 x
2013-12-31 CN¥0.85 CN¥2.87 x
2014-12-31 CN¥0.85 CN¥2.87 x
2015-12-31 CN¥1.31 CN¥2.87 x
2016-12-31 CN¥1.04 CN¥2.87 x
2017-12-31 CN¥1.08 CN¥2.87 x
2018-12-31 CN¥1.15 CN¥2.87 x
2019-12-31 CN¥1.16 CN¥2.87 x
2020-12-31 CN¥1.16 CN¥2.87 x
2021-12-31 CN¥1.21 CN¥2.87 x
2022-12-31 CN¥1.15 CN¥2.87 x
2023-12-31 CN¥1.14 CN¥2.87 x
2024-12-31 CN¥1.14 CN¥2.87 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Inner Mongolia BaoTou Steel Union 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): 0.51%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.39%
  • • Asset Turnover: 0.44x
  • • Equity Multiplier: 2.99x
  • Recent ROE (0.51%) is below the historical average (6.98%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 28.41% 3.97% 3.76x 1.90x CN¥167.97 Million
1998 26.48% 4.10% 3.33x 1.94x CN¥150.37 Million
1999 17.97% 4.25% 2.39x 1.77x CN¥111.66 Million
2000 18.47% 4.90% 2.22x 1.70x CN¥132.46 Million
2001 7.39% 4.60% 0.77x 2.09x CN¥-90.69 Million
2002 8.50% 4.77% 0.77x 2.30x CN¥-53.75 Million
2003 13.60% 5.28% 1.10x 2.34x CN¥149.82 Million
2004 17.85% 5.40% 1.26x 2.61x CN¥386.17 Million
2005 15.76% 5.31% 1.55x 1.91x CN¥367.68 Million
2006 8.36% 3.58% 1.32x 1.77x CN¥-128.17 Million
2007 12.41% 6.52% 0.80x 2.39x CN¥338.98 Million
2008 6.41% 2.09% 1.01x 3.06x CN¥-514.94 Million
2009 -13.15% -4.80% 0.79x 3.46x CN¥-2.87 Billion
2010 1.54% 0.48% 0.96x 3.34x CN¥-1.07 Billion
2011 3.85% 1.16% 0.86x 3.86x CN¥-792.92 Million
2012 3.05% 0.99% 0.63x 4.92x CN¥-900.14 Million
2013 1.33% 0.66% 0.43x 4.65x CN¥-1.64 Billion
2014 6.14% 3.57% 0.32x 5.47x CN¥-730.84 Million
2015 -7.02% -14.69% 0.16x 3.08x CN¥-8.02 Billion
2016 0.18% 0.27% 0.22x 2.99x CN¥-4.64 Billion
2017 4.18% 3.84% 0.37x 2.97x CN¥-2.87 Billion
2018 6.33% 4.95% 0.45x 2.84x CN¥-1.92 Billion
2019 1.27% 1.05% 0.43x 2.79x CN¥-4.60 Billion
2020 0.77% 0.68% 0.41x 2.73x CN¥-4.87 Billion
2021 5.19% 3.33% 0.58x 2.68x CN¥-2.66 Billion
2022 -1.39% -1.01% 0.49x 2.80x CN¥-5.97 Billion
2023 0.99% 0.73% 0.46x 2.93x CN¥-4.67 Billion
2024 0.51% 0.39% 0.44x 2.99x CN¥-4.93 Billion

Industry Comparison

This section compares Inner Mongolia BaoTou Steel Union Co Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $13,874,696,979
  • Average return on equity (ROE) among peers: 20.52%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Inner Mongolia BaoTou Steel Union Co Ltd (600010) CN¥61.48 Billion 28.41% 1.53x $7.79 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
Hunan Valin Steel Co Ltd (000932) $1.39 Billion 22.60% 1.61x $1.17 Billion
Beijing Shougang Co Ltd (000959) $6.43 Billion 16.93% 1.18x $911.24 Million