Baoshan Iron & Steel Co Ltd

SHG:600019 China Steel
Market Cap
$21.11 Billion
CN¥154.87 Billion CNY
Market Cap Rank
#1692 Global
#85 in China
Share Price
CN¥7.11
Change (1 day)
+0.28%
52-Week Range
CN¥6.47 - CN¥7.76
All Time High
CN¥10.32
Categories
Companies in China Steel
About

Baoshan Iron & Steel Co., Ltd., together with its subsidiaries, manufactures and sells steel products for automobile, home appliance, petrochemical, machinery manufacturing, energy, transportation, and other industries in China and internationally. It operates through three segments: Iron and Steel Manufacturing, Processing and Distribution, and Others. It offers hot-rolled (HR) steel products, i… Read more

Baoshan Iron & Steel Co Ltd (600019) - Net Assets

Latest net assets as of September 2025: CN¥223.31 Billion CNY

Based on the latest financial reports, Baoshan Iron & Steel Co Ltd (600019) has net assets worth CN¥223.31 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¥376.26 Billion) and total liabilities (CN¥152.95 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¥223.31 Billion
% of Total Assets 59.35%
Annual Growth Rate 10.9%
5-Year Change 10.22%
10-Year Change 80.25%
Growth Volatility 21.71

Baoshan Iron & Steel Co Ltd - Net Assets Trend (1998–2024)

This chart illustrates how Baoshan Iron & Steel 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 Baoshan Iron & Steel Co Ltd (1998–2024)

The table below shows the annual net assets of Baoshan Iron & Steel Co Ltd from 1998 to 2024.

Year Net Assets Change
2024-12-31 CN¥220.16 Billion +0.01%
2023-12-31 CN¥220.14 Billion +1.97%
2022-12-31 CN¥215.88 Billion +2.45%
2021-12-31 CN¥210.72 Billion +5.50%
2020-12-31 CN¥199.74 Billion +4.46%
2019-12-31 CN¥191.22 Billion +1.04%
2018-12-31 CN¥189.25 Billion +8.47%
2017-12-31 CN¥174.47 Billion +32.76%
2016-12-31 CN¥131.42 Billion +7.59%
2015-12-31 CN¥122.15 Billion -1.66%
2014-12-31 CN¥124.20 Billion +3.45%
2013-12-31 CN¥120.07 Billion +2.32%
2012-12-31 CN¥117.34 Billion +3.41%
2011-12-31 CN¥113.47 Billion +1.91%
2010-12-31 CN¥111.34 Billion +10.00%
2009-12-31 CN¥101.22 Billion +3.46%
2008-12-31 CN¥97.84 Billion +3.42%
2007-12-31 CN¥94.60 Billion +8.89%
2006-12-31 CN¥86.87 Billion +10.07%
2005-12-31 CN¥78.93 Billion +87.86%
2004-12-31 CN¥42.01 Billion +17.72%
2003-12-31 CN¥35.69 Billion +26.63%
2002-12-31 CN¥28.19 Billion +7.21%
2001-12-31 CN¥26.29 Billion +3.99%
2000-12-31 CN¥25.28 Billion +76.78%
1999-12-31 CN¥14.30 Billion -4.31%
1998-12-31 CN¥14.95 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Baoshan Iron & 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 8880971700000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥88.81 Billion 44.28%
Common Stock CN¥21.99 Billion 10.96%
Other Components CN¥89.75 Billion 44.75%
Total Equity CN¥200.55 Billion 100.00%

Baoshan Iron & Steel Co Ltd Competitors by Market Cap

The table below lists competitors of Baoshan Iron & Steel Co Ltd ranked by their market capitalization.

Company Market Cap
Jardine Matheson Holdings Limited
PINK:JARLF
 		$9.87 Billion
Fisher & Paykel Healthcare Corporation Limited
PINK:FSPKF
 		$9.88 Billion
Computershare Ltd
AU:CPU
 		$9.88 Billion
Plains All American Pipeline LP
NASDAQ:PAA
 		$9.88 Billion
Bancolombia S.A
F:BXK
 		$9.87 Billion
Telia Company AB
ST:TELIA
 		$9.87 Billion
Old Republic International Corp
NYSE:ORI
 		$9.87 Billion
Allison Transmission Holdings Inc
NYSE:ALSN
 		$9.85 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Baoshan Iron & Steel Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 200,325,316,592 to 200,548,361,000, a change of 223,044,408 (0.1%).
  • Net income of 7,361,926,000 contributed positively to equity growth.
  • Dividend payments of 7,953,587,000 reduced retained earnings.
  • Share repurchases of 1,382,889,000 reduced equity.
  • Other factors increased equity by 2,197,594,408.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥7.36 Billion +3.67%
Dividends Paid CN¥7.95 Billion -3.97%
Share Repurchases CN¥1.38 Billion -0.69%
Other Changes CN¥2.20 Billion +1.1%
Total Change CN¥- 0.11%

Book Value vs Market Value Analysis

This analysis compares Baoshan Iron & 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: 0.77x
  • 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 8.29x to 0.77x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-12-31 CN¥0.86 CN¥7.11 x
1999-12-31 CN¥0.82 CN¥7.11 x
2000-12-31 CN¥1.45 CN¥7.11 x
2001-12-31 CN¥1.51 CN¥7.11 x
2002-12-31 CN¥1.62 CN¥7.11 x
2003-12-31 CN¥2.04 CN¥7.11 x
2004-12-31 CN¥2.40 CN¥7.11 x
2005-12-31 CN¥4.27 CN¥7.11 x
2006-12-31 CN¥4.70 CN¥7.11 x
2007-12-31 CN¥5.03 CN¥7.11 x
2008-12-31 CN¥5.27 CN¥7.11 x
2009-12-31 CN¥5.40 CN¥7.11 x
2010-12-31 CN¥5.94 CN¥7.11 x
2011-12-31 CN¥6.08 CN¥7.11 x
2012-12-31 CN¥6.40 CN¥7.11 x
2013-12-31 CN¥6.65 CN¥7.11 x
2014-12-31 CN¥6.90 CN¥7.11 x
2015-12-31 CN¥7.17 CN¥7.11 x
2016-12-31 CN¥5.48 CN¥7.11 x
2017-12-31 CN¥7.38 CN¥7.11 x
2018-12-31 CN¥7.91 CN¥7.11 x
2019-12-31 CN¥8.06 CN¥7.11 x
2020-12-31 CN¥8.32 CN¥7.11 x
2021-12-31 CN¥8.68 CN¥7.11 x
2022-12-31 CN¥8.95 CN¥7.11 x
2023-12-31 CN¥9.20 CN¥7.11 x
2024-12-31 CN¥9.26 CN¥7.11 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Baoshan Iron & 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): 3.67%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.29%
  • • Asset Turnover: 0.88x
  • • Equity Multiplier: 1.82x
  • Recent ROE (3.67%) is below the historical average (10.24%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 8.28% 4.46% 0.74x 2.50x CN¥-256.74 Million
1999 15.91% 8.03% 0.79x 2.51x CN¥844.80 Million
2000 11.84% 9.67% 0.79x 1.54x CN¥463.95 Million
2001 9.74% 8.78% 0.50x 2.21x CN¥-67.79 Million
2002 15.16% 12.61% 0.55x 2.18x CN¥1.45 Billion
2003 19.67% 15.69% 0.73x 1.72x CN¥3.43 Billion
2004 22.44% 16.02% 0.91x 1.53x CN¥5.21 Billion
2005 17.01% 10.00% 0.89x 1.91x CN¥5.22 Billion
2006 15.87% 8.25% 1.04x 1.84x CN¥4.81 Billion
2007 14.37% 6.62% 1.02x 2.13x CN¥3.87 Billion
2008 7.02% 3.21% 1.00x 2.18x CN¥-2.74 Billion
2009 6.11% 3.91% 0.74x 2.11x CN¥-3.70 Billion
2010 12.31% 6.37% 0.94x 2.06x CN¥2.41 Billion
2011 6.91% 3.30% 0.96x 2.17x CN¥-3.29 Billion
2012 9.06% 5.27% 0.89x 1.92x CN¥-1.05 Billion
2013 5.27% 3.06% 0.84x 2.05x CN¥-5.23 Billion
2014 5.07% 3.08% 0.82x 2.00x CN¥-5.63 Billion
2015 0.84% 0.58% 0.70x 2.08x CN¥-10.34 Billion
2016 7.48% 3.68% 0.92x 2.21x CN¥-3.05 Billion
2017 11.66% 6.62% 0.83x 2.13x CN¥2.73 Billion
2018 12.13% 7.02% 0.91x 1.90x CN¥3.77 Billion
2019 7.06% 4.30% 0.86x 1.91x CN¥-5.24 Billion
2020 6.89% 4.50% 0.79x 1.93x CN¥-5.74 Billion
2021 12.38% 6.47% 0.96x 1.99x CN¥4.54 Billion
2022 6.26% 3.30% 0.93x 2.05x CN¥-7.28 Billion
2023 5.96% 3.46% 0.92x 1.88x CN¥-8.09 Billion
2024 3.67% 2.29% 0.88x 1.82x CN¥-12.69 Billion

Industry Comparison

This section compares Baoshan Iron & Steel Co Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $7,364,990,323
  • Average return on equity (ROE) among peers: 12.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Baoshan Iron & Steel Co Ltd (600019) CN¥223.31 Billion 8.28% 0.68x $9.87 Billion
CITIC Pacific Special Steel Group Co Ltd (000708) $28.39 Billion 21.25% 1.73x $1.81 Billion
Sgis Songshan Co Ltd (000717) $327.09 Million 52.31% 0.75x $413.87 Million
Xinxing Ductile Iron Pipes Co Ltd (000778) $28.18 Billion 0.59% 0.89x $1.51 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825) $3.37 Billion 8.80% 0.69x $1.33 Billion
Jiangsu Fasten Co Ltd (000890) $654.28 Million -22.20% 10.49x $283.59 Million
Angang Steel Co Ltd Class A (000898) $5.09 Billion 10.03% 0.24x $1.18 Billion
Hunan Valin Steel Co Ltd (000932) $2.77 Billion 11.22% 0.71x $1.17 Billion
Beijing Shougang Co Ltd (000959) $2.57 Billion 23.68% 2.11x $921.92 Million
Sansteel MinGuang Co Ltd Fujian (002110) $1.60 Billion 7.93% 1.54x $528.18 Million
Henan Hengxing Science & Technology Co Ltd (002132) $696.31 Million 11.21% 0.89x $528.47 Million