Hang Zhou Iron & Steel Co Ltd (600126) - Net Assets
Based on the latest financial reports, Hang Zhou Iron & Steel Co Ltd (600126) has net assets worth CN¥19.75 Billion CNY (≈ $2.89 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥33.67 Billion ≈ $4.93 Billion USD) and total liabilities (CN¥13.92 Billion ≈ $2.04 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 financial resilience of Hang Zhou Iron & Steel Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥19.75 Billion |
| % of Total Assets | 58.67% |
| Annual Growth Rate | 14.82% |
| 5-Year Change | -1.55% |
| 10-Year Change | 671.56% |
| Growth Volatility | 92.14 |
Hang Zhou Iron & Steel Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Hang Zhou Iron & Steel Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Hang Zhou Iron & Steel Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Hang Zhou Iron & Steel Co Ltd (1994–2024)
The table below shows the annual net assets of Hang Zhou Iron & Steel Co Ltd from 1994 to 2024. For live valuation and market cap data, see Hang Zhou Iron & Steel Co Ltd (600126) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥19.60 Billion ≈ $2.87 Billion |
-3.04% |
| 2023-12-31 | CN¥20.21 Billion ≈ $2.96 Billion |
+0.09% |
| 2022-12-31 | CN¥20.19 Billion ≈ $2.95 Billion |
-1.77% |
| 2021-12-31 | CN¥20.55 Billion ≈ $3.01 Billion |
+3.27% |
| 2020-12-31 | CN¥19.90 Billion ≈ $2.91 Billion |
+3.79% |
| 2019-12-31 | CN¥19.18 Billion ≈ $2.81 Billion |
+2.54% |
| 2018-12-31 | CN¥18.70 Billion ≈ $2.74 Billion |
+11.71% |
| 2017-12-31 | CN¥16.74 Billion ≈ $2.45 Billion |
+11.65% |
| 2016-12-31 | CN¥14.99 Billion ≈ $2.19 Billion |
+490.35% |
| 2015-12-31 | CN¥2.54 Billion ≈ $371.63 Million |
-30.07% |
| 2014-12-31 | CN¥3.63 Billion ≈ $531.44 Million |
+0.29% |
| 2013-12-31 | CN¥3.62 Billion ≈ $529.88 Million |
+0.89% |
| 2012-12-31 | CN¥3.59 Billion ≈ $525.18 Million |
-10.39% |
| 2011-12-31 | CN¥4.01 Billion ≈ $586.11 Million |
+5.53% |
| 2010-12-31 | CN¥3.80 Billion ≈ $555.38 Million |
+2.21% |
| 2009-12-31 | CN¥3.71 Billion ≈ $543.36 Million |
-0.83% |
| 2008-12-31 | CN¥3.74 Billion ≈ $547.90 Million |
-3.14% |
| 2007-12-31 | CN¥3.87 Billion ≈ $565.64 Million |
+6.37% |
| 2006-12-31 | CN¥3.63 Billion ≈ $531.79 Million |
+2.92% |
| 2005-12-31 | CN¥3.53 Billion ≈ $516.68 Million |
+0.58% |
| 2004-12-31 | CN¥3.51 Billion ≈ $513.70 Million |
+15.07% |
| 2003-12-31 | CN¥3.05 Billion ≈ $446.41 Million |
+23.10% |
| 2002-12-31 | CN¥2.48 Billion ≈ $362.65 Million |
+11.05% |
| 2001-12-31 | CN¥2.23 Billion ≈ $326.57 Million |
+12.36% |
| 2000-12-31 | CN¥1.99 Billion ≈ $290.65 Million |
+51.56% |
| 1999-12-31 | CN¥1.31 Billion ≈ $191.77 Million |
-0.61% |
| 1998-12-31 | CN¥1.32 Billion ≈ $192.95 Million |
+174.87% |
| 1997-12-31 | CN¥479.71 Million ≈ $70.20 Million |
+37.66% |
| 1996-12-31 | CN¥348.47 Million ≈ $50.99 Million |
+5.93% |
| 1995-12-31 | CN¥328.97 Million ≈ $48.14 Million |
+6.07% |
| 1994-12-31 | CN¥310.14 Million ≈ $45.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hang Zhou 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 509489109900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.09 Billion | 26.26% |
| Common Stock | CN¥3.38 Billion | 17.41% |
| Other Comprehensive Income | CN¥8.33 Billion | 42.91% |
| Other Components | CN¥2.60 Billion | 13.42% |
| Total Equity | CN¥19.40 Billion | 100.00% |
Hang Zhou Iron & Steel Co Ltd Competitors by Market Cap
The table below lists competitors of Hang Zhou Iron & Steel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BURBERRY GROUP ADR/
F:BB2A
|
$4.51 Billion |
|
Changshu Tianyin Electromechan
SHE:300342
|
$4.52 Billion |
|
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
SA:SBSP3
|
$4.52 Billion |
|
Crocs Inc
NASDAQ:CROX
|
$4.52 Billion |
|
Asia Commercial Bank
VN:ACB
|
$4.51 Billion |
|
AGL Energy Ltd
AU:AGL
|
$4.51 Billion |
|
Indorama Ventures PCL
BK:IVL
|
$4.51 Billion |
|
Belden Inc
NYSE:BDC
|
$4.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hang Zhou Iron & Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,198,161,077 to 19,402,328,846, a change of -795,832,231 (-3.9%).
- Net loss of 628,119,635 reduced equity.
- Dividend payments of 192,373,891 reduced retained earnings.
- Other comprehensive income increased equity by 19,741,547.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-628.12 Million | -3.24% |
| Dividends Paid | CN¥192.37 Million | -0.99% |
| Other Comprehensive Income | CN¥19.74 Million | +0.1% |
| Other Changes | CN¥4.92 Million | +0.03% |
| Total Change | CN¥- | -3.94% |
Book Value vs Market Value Analysis
This analysis compares Hang Zhou 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: 1.59x
- 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 32.06x to 1.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.28 | CN¥9.13 | x |
| 1995-12-31 | CN¥0.30 | CN¥9.13 | x |
| 1996-12-31 | CN¥0.32 | CN¥9.13 | x |
| 1997-12-31 | CN¥0.44 | CN¥9.13 | x |
| 1998-12-31 | CN¥1.08 | CN¥9.13 | x |
| 1999-12-31 | CN¥1.07 | CN¥9.13 | x |
| 2000-12-31 | CN¥1.65 | CN¥9.13 | x |
| 2001-12-31 | CN¥1.88 | CN¥9.13 | x |
| 2002-12-31 | CN¥2.01 | CN¥9.13 | x |
| 2003-12-31 | CN¥2.50 | CN¥9.13 | x |
| 2004-12-31 | CN¥2.91 | CN¥9.13 | x |
| 2005-12-31 | CN¥2.92 | CN¥9.13 | x |
| 2006-12-31 | CN¥3.01 | CN¥9.13 | x |
| 2007-12-31 | CN¥3.18 | CN¥9.13 | x |
| 2008-12-31 | CN¥2.82 | CN¥9.13 | x |
| 2009-12-31 | CN¥3.06 | CN¥9.13 | x |
| 2010-12-31 | CN¥3.26 | CN¥9.13 | x |
| 2011-12-31 | CN¥3.42 | CN¥9.13 | x |
| 2012-12-31 | CN¥3.00 | CN¥9.13 | x |
| 2013-12-31 | CN¥2.46 | CN¥9.13 | x |
| 2014-12-31 | CN¥2.37 | CN¥9.13 | x |
| 2015-12-31 | CN¥2.03 | CN¥9.13 | x |
| 2016-12-31 | CN¥5.03 | CN¥9.13 | x |
| 2017-12-31 | CN¥4.89 | CN¥9.13 | x |
| 2018-12-31 | CN¥5.44 | CN¥9.13 | x |
| 2019-12-31 | CN¥5.61 | CN¥9.13 | x |
| 2020-12-31 | CN¥5.83 | CN¥9.13 | x |
| 2021-12-31 | CN¥6.08 | CN¥9.13 | x |
| 2022-12-31 | CN¥5.98 | CN¥9.13 | x |
| 2023-12-31 | CN¥5.54 | CN¥9.13 | x |
| 2024-12-31 | CN¥5.75 | CN¥9.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hang Zhou 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): -3.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.99%
- • Asset Turnover: 1.93x
- • Equity Multiplier: 1.70x
- Recent ROE (-3.24%) is below the historical average (9.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 78.80% | 11.91% | 2.11x | 3.14x | CN¥213.37 Million |
| 1995 | 26.26% | 3.53% | 2.44x | 3.05x | CN¥53.49 Million |
| 1996 | 25.86% | 3.92% | 2.00x | 3.31x | CN¥55.28 Million |
| 1997 | 25.42% | 4.67% | 1.64x | 3.33x | CN¥73.97 Million |
| 1998 | 12.99% | 5.73% | 0.91x | 2.50x | CN¥35.01 Million |
| 1999 | 18.38% | 6.95% | 1.23x | 2.16x | CN¥97.38 Million |
| 2000 | 20.62% | 9.44% | 1.34x | 1.63x | CN¥190.91 Million |
| 2001 | 16.76% | 7.94% | 1.37x | 1.54x | CN¥138.08 Million |
| 2002 | 12.40% | 5.25% | 1.33x | 1.77x | CN¥52.43 Million |
| 2003 | 19.50% | 7.12% | 1.61x | 1.70x | CN¥258.96 Million |
| 2004 | 20.93% | 6.67% | 1.82x | 1.73x | CN¥346.61 Million |
| 2005 | 6.66% | 2.15% | 1.38x | 2.25x | CN¥-106.43 Million |
| 2006 | 6.25% | 1.63% | 1.49x | 2.57x | CN¥-122.71 Million |
| 2007 | 10.17% | 2.19% | 1.84x | 2.53x | CN¥6.09 Million |
| 2008 | 1.09% | 0.17% | 2.50x | 2.61x | CN¥-300.24 Million |
| 2009 | 4.27% | 0.93% | 2.00x | 2.29x | CN¥-196.66 Million |
| 2010 | 9.91% | 1.79% | 2.17x | 2.54x | CN¥-2.99 Million |
| 2011 | 8.09% | 1.34% | 2.47x | 2.44x | CN¥-70.72 Million |
| 2012 | -11.55% | -2.21% | 2.04x | 2.55x | CN¥-707.80 Million |
| 2013 | 0.62% | 0.12% | 2.01x | 2.59x | CN¥-309.86 Million |
| 2014 | 0.32% | 0.07% | 2.06x | 2.13x | CN¥-320.02 Million |
| 2015 | -67.44% | -6.81% | 5.67x | 1.75x | CN¥-1.71 Billion |
| 2016 | 4.89% | 3.69% | 0.77x | 1.72x | CN¥-758.09 Million |
| 2017 | 10.85% | 6.45% | 1.14x | 1.48x | CN¥140.32 Million |
| 2018 | 10.47% | 7.32% | 1.02x | 1.40x | CN¥87.01 Million |
| 2019 | 4.84% | 3.43% | 1.02x | 1.39x | CN¥-978.42 Million |
| 2020 | 5.77% | 3.45% | 1.20x | 1.39x | CN¥-832.91 Million |
| 2021 | 7.98% | 3.28% | 1.71x | 1.42x | CN¥-414.06 Million |
| 2022 | 2.38% | 1.11% | 1.51x | 1.42x | CN¥-1.54 Billion |
| 2023 | 0.90% | 0.33% | 1.79x | 1.54x | CN¥-1.84 Billion |
| 2024 | -3.24% | -0.99% | 1.93x | 1.70x | CN¥-2.57 Billion |
Industry Comparison
This section compares Hang Zhou Iron & Steel Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $19,556,327,260
- Average return on equity (ROE) among peers: -4.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hang Zhou Iron & Steel Co Ltd (600126) | CN¥19.75 Billion | 78.80% | 0.70x | $4.51 Billion |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $2.94 Billion | 7.43% | 0.45x | $11.44 Billion |
| HBIS Co Ltd (000709) | $47.66 Billion | 3.81% | 2.99x | $3.62 Billion |
| Sgis Songshan Co Ltd (000717) | $1.92 Billion | 9.47% | 0.30x | $883.17 Million |
| Bengang Steel Plates Co Ltd (000761) | $12.44 Billion | -26.48% | 2.57x | $1.58 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $28.48 Billion | 4.74% | 0.95x | $2.69 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $17.66 Billion | 24.06% | 2.27x | $3.61 Billion |
| Jiangsu Fasten Co Ltd (000890) | $89.23 Million | -118.72% | 10.72x | $963.77 Million |
| Angang Steel Co Ltd Class A (000898) | $53.10 Billion | 5.63% | 0.74x | $2.70 Billion |
| Hunan Valin Steel Co Ltd (000932) | $26.24 Billion | 28.12% | 1.87x | $4.63 Billion |
| Beijing Shougang Co Ltd (000959) | $5.04 Billion | 14.08% | 0.93x | $5.19 Billion |
About Hang Zhou Iron & Steel Co Ltd
Hang Zhou Iron & Steel Co.,Ltd. manufactures and sells steel products in China. The company offers hot-rolled steel coils and hot-rolled steel plates related products. It also involved in the scrap dismantling of scrapped cars; and trading of raw materials, such as iron ore and steel. activities. Hang Zhou Iron & Steel Co.,Ltd. was founded in 1957 and is headquartered in Hangzhou, China.