Nanjing Iron & Steel Co Ltd
Nanjing Iron & Steel Co., Ltd. produces and sells steel and related products in China and internationally. The company offers corrosion-resistant and steel materials, which are used in oil and gas equipment, new energy, ships and offshore engineering, automobile bearings and springs, engineering machinery and rail transit, bridges, bearings and springs, engineering machinery and rail transit, bri… Read more
Nanjing Iron & Steel Co Ltd (600282) - Net Assets
Latest net assets as of September 2025: CN¥28.60 Billion CNY
Based on the latest financial reports, Nanjing Iron & Steel Co Ltd (600282) has net assets worth CN¥28.60 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¥70.13 Billion) and total liabilities (CN¥41.52 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¥28.60 Billion |
| % of Total Assets | 40.79% |
| Annual Growth Rate | 16.51% |
| 5-Year Change | 15.08% |
| 10-Year Change | 339.74% |
| Growth Volatility | 43.58 |
Nanjing Iron & Steel Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Nanjing 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 Nanjing Iron & Steel Co Ltd (1997–2024)
The table below shows the annual net assets of Nanjing Iron & Steel Co Ltd from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥27.79 Billion | -1.92% |
| 2023-12-31 | CN¥28.33 Billion | -7.85% |
| 2022-12-31 | CN¥30.75 Billion | +13.27% |
| 2021-12-31 | CN¥27.14 Billion | +12.41% |
| 2020-12-31 | CN¥24.15 Billion | +10.11% |
| 2019-12-31 | CN¥21.93 Billion | +10.71% |
| 2018-12-31 | CN¥19.81 Billion | +27.33% |
| 2017-12-31 | CN¥15.56 Billion | +128.92% |
| 2016-12-31 | CN¥6.80 Billion | +7.54% |
| 2015-12-31 | CN¥6.32 Billion | -26.28% |
| 2014-12-31 | CN¥8.57 Billion | +3.52% |
| 2013-12-31 | CN¥8.28 Billion | -5.89% |
| 2012-12-31 | CN¥8.80 Billion | -9.27% |
| 2011-12-31 | CN¥9.70 Billion | -4.48% |
| 2010-12-31 | CN¥10.15 Billion | +128.87% |
| 2009-12-31 | CN¥4.44 Billion | +1.66% |
| 2008-12-31 | CN¥4.36 Billion | +0.68% |
| 2007-12-31 | CN¥4.33 Billion | +24.16% |
| 2006-12-31 | CN¥3.49 Billion | -1.71% |
| 2005-12-31 | CN¥3.55 Billion | +38.05% |
| 2004-12-31 | CN¥2.57 Billion | +17.09% |
| 2003-12-31 | CN¥2.20 Billion | +26.08% |
| 2002-12-31 | CN¥1.74 Billion | +8.90% |
| 2001-12-31 | CN¥1.60 Billion | +6.13% |
| 2000-12-31 | CN¥1.51 Billion | +158.65% |
| 1999-12-31 | CN¥582.93 Million | +4.34% |
| 1998-12-31 | CN¥558.69 Million | +24.40% |
| 1997-12-31 | CN¥449.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nanjing 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 1353787200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥13.54 Billion | 52.01% |
| Common Stock | CN¥6.17 Billion | 23.69% |
| Other Components | CN¥6.32 Billion | 24.30% |
| Total Equity | CN¥26.03 Billion | 100.00% |
Nanjing Iron & Steel Co Ltd Competitors by Market Cap
The table below lists competitors of Nanjing Iron & Steel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Delek Drilling - Limited Partnership
OTCGREY:DKDRF
|
$1.84 Billion |
|
Hysan Development Co Ltd
PINK:HYSNY
|
$1.84 Billion |
|
Pandox AB (publ)
PINK:PNDXF
|
$1.84 Billion |
|
Inaba Denki Sangyo Co.Ltd.
PINK:IBADF
|
$1.84 Billion |
|
NewAmsterdam Pharma Company N.V. Ordinary Shares
NASDAQ:NAMS
|
$1.84 Billion |
|
Freni Brembo SpA
IL:0RPV
|
$1.84 Billion |
|
Bravida Holding AB
ST:BRAV
|
$1.84 Billion |
|
Daeduck Electronics Co Ltd
KO:353200
|
$1.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Iron & Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,542,920,821 to 26,027,803,000, a change of -515,117,821 (-1.9%).
- Net income of 2,260,763,336 contributed positively to equity growth.
- Dividend payments of 3,028,891,623 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.26 Billion | +8.69% |
| Dividends Paid | CN¥3.03 Billion | -11.64% |
| Other Changes | CN¥253.01 Million | +0.97% |
| Total Change | CN¥- | -1.94% |
Book Value vs Market Value Analysis
This analysis compares Nanjing 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: 1.40x
- 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 22.20x to 1.40x 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¥0.27 | CN¥5.91 | x |
| 1998-12-31 | CN¥0.33 | CN¥5.91 | x |
| 1999-12-31 | CN¥0.35 | CN¥5.91 | x |
| 2000-12-31 | CN¥0.89 | CN¥5.91 | x |
| 2001-12-31 | CN¥0.95 | CN¥5.91 | x |
| 2002-12-31 | CN¥1.03 | CN¥5.91 | x |
| 2003-12-31 | CN¥1.30 | CN¥5.91 | x |
| 2004-12-31 | CN¥1.52 | CN¥5.91 | x |
| 2005-12-31 | CN¥2.11 | CN¥5.91 | x |
| 2006-12-31 | CN¥2.09 | CN¥5.91 | x |
| 2007-12-31 | CN¥2.57 | CN¥5.91 | x |
| 2008-12-31 | CN¥2.59 | CN¥5.91 | x |
| 2009-12-31 | CN¥1.14 | CN¥5.91 | x |
| 2010-12-31 | CN¥2.62 | CN¥5.91 | x |
| 2011-12-31 | CN¥2.50 | CN¥5.91 | x |
| 2012-12-31 | CN¥2.27 | CN¥5.91 | x |
| 2013-12-31 | CN¥2.14 | CN¥5.91 | x |
| 2014-12-31 | CN¥2.21 | CN¥5.91 | x |
| 2015-12-31 | CN¥1.63 | CN¥5.91 | x |
| 2016-12-31 | CN¥1.71 | CN¥5.91 | x |
| 2017-12-31 | CN¥2.84 | CN¥5.91 | x |
| 2018-12-31 | CN¥3.48 | CN¥5.91 | x |
| 2019-12-31 | CN¥3.79 | CN¥5.91 | x |
| 2020-12-31 | CN¥4.63 | CN¥5.91 | x |
| 2021-12-31 | CN¥4.30 | CN¥5.91 | x |
| 2022-12-31 | CN¥4.24 | CN¥5.91 | x |
| 2023-12-31 | CN¥4.30 | CN¥5.91 | x |
| 2024-12-31 | CN¥4.22 | CN¥5.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing 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): 8.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.66%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 2.66x
- Recent ROE (8.69%) is below the historical average (10.90%), 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 | 29.30% | 6.52% | 1.43x | 3.14x | CN¥86.69 Million |
| 1998 | 24.52% | 6.13% | 1.44x | 2.79x | CN¥81.15 Million |
| 1999 | 25.33% | 5.48% | 1.48x | 3.13x | CN¥89.39 Million |
| 2000 | 13.36% | 5.94% | 1.31x | 1.72x | CN¥50.71 Million |
| 2001 | 12.89% | 5.15% | 1.55x | 1.61x | CN¥46.17 Million |
| 2002 | 13.95% | 5.21% | 1.45x | 1.84x | CN¥68.90 Million |
| 2003 | 22.28% | 7.17% | 1.40x | 2.22x | CN¥269.85 Million |
| 2004 | 20.34% | 5.12% | 1.35x | 2.95x | CN¥265.98 Million |
| 2005 | 11.55% | 2.76% | 1.78x | 2.35x | CN¥55.13 Million |
| 2006 | 11.16% | 2.44% | 1.73x | 2.65x | CN¥40.33 Million |
| 2007 | 23.79% | 4.68% | 2.02x | 2.52x | CN¥597.49 Million |
| 2008 | 2.79% | 0.43% | 2.54x | 2.56x | CN¥-314.72 Million |
| 2009 | 3.12% | 0.57% | 1.93x | 2.85x | CN¥-305.25 Million |
| 2010 | 9.06% | 3.06% | 0.85x | 3.47x | CN¥-95.79 Million |
| 2011 | 3.36% | 0.84% | 1.12x | 3.54x | CN¥-643.67 Million |
| 2012 | -6.49% | -1.78% | 0.94x | 3.89x | CN¥-1.45 Billion |
| 2013 | -7.47% | -2.31% | 0.73x | 4.44x | CN¥-1.45 Billion |
| 2014 | 3.41% | 1.05% | 0.71x | 4.62x | CN¥-563.91 Million |
| 2015 | -38.57% | -10.93% | 0.61x | 5.76x | CN¥-3.06 Billion |
| 2016 | 5.23% | 1.46% | 0.70x | 5.07x | CN¥-322.54 Million |
| 2017 | 27.65% | 8.51% | 1.00x | 3.26x | CN¥2.04 Billion |
| 2018 | 26.06% | 9.18% | 1.06x | 2.68x | CN¥2.47 Billion |
| 2019 | 15.53% | 5.43% | 1.10x | 2.60x | CN¥928.55 Million |
| 2020 | 11.99% | 5.36% | 1.11x | 2.02x | CN¥472.89 Million |
| 2021 | 15.93% | 5.49% | 1.33x | 2.19x | CN¥1.57 Billion |
| 2022 | 8.29% | 3.06% | 0.95x | 2.86x | CN¥-445.65 Million |
| 2023 | 8.01% | 2.93% | 0.99x | 2.76x | CN¥-529.00 Million |
| 2024 | 8.69% | 3.66% | 0.89x | 2.66x | CN¥-342.02 Million |
Industry Comparison
This section compares Nanjing Iron & Steel Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $18,547,616,490
- Average return on equity (ROE) among peers: 8.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing Iron & Steel Co Ltd (600282) | CN¥28.60 Billion | 29.30% | 1.45x | $1.84 Billion |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $1.55 Billion | 1.01% | 1.42x | $1.85 Billion |
| HBIS Co Ltd (000709) | $9.53 Billion | 14.99% | 2.00x | $1.24 Billion |
| Sgis Songshan Co Ltd (000717) | $2.28 Billion | 9.87% | 0.31x | $429.26 Million |
| Bengang Steel Plates Co Ltd (000761) | $15.56 Billion | 5.11% | 1.64x | $448.58 Million |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $26.34 Billion | 7.62% | 1.03x | $1.50 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $2.09 Billion | 9.33% | 0.71x | $1.32 Billion |
| Jiangsu Fasten Co Ltd (000890) | $945.38 Million | 15.14% | 9.25x | $283.59 Million |
| Angang Steel Co Ltd Class A (000898) | $54.26 Billion | 13.87% | 0.60x | $1.17 Billion |
| Hunan Valin Steel Co Ltd (000932) | $18.32 Billion | 8.80% | 1.64x | $1.17 Billion |
| Beijing Shougang Co Ltd (000959) | $54.60 Billion | 0.86% | 1.41x | $904.12 Million |