Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd

SHG:600307 China Steel
Market Cap
$1.90 Billion
CN¥13.90 Billion CNY
Market Cap Rank
#8355 Global
#1570 in China
Share Price
CN¥2.22
Change (1 day)
+9.90%
52-Week Range
CN¥1.28 - CN¥2.22
All Time High
CN¥4.82
Categories
Companies in China Steel
About

Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. produces and sells iron and steel and their rolled products in China. The company provides steel products, such as vibration damping plate, carbon steel cold-rolled, hot rolled coil, high-speed wire, carbon steel plate, rods, stainless steel hot-rolled strip and plate, stainless steel cold-rolled strip, carbon steel galvanized plates, and carbo… Read more

Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd (600307) - Net Assets

Latest net assets as of September 2025: CN¥6.81 Billion CNY

Based on the latest financial reports, Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd (600307) has net assets worth CN¥6.81 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¥50.20 Billion) and total liabilities (CN¥43.39 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¥6.81 Billion
% of Total Assets 13.57%
Annual Growth Rate 8.99%
5-Year Change -38.78%
10-Year Change -17.43%
Growth Volatility 35.48

Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Gansu Jiu Steel Group Hongxing 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 Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd (1997–2024)

The table below shows the annual net assets of Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥7.56 Billion -25.45%
2023-12-31 CN¥10.14 Billion -9.38%
2022-12-31 CN¥11.19 Billion -18.83%
2021-12-31 CN¥13.79 Billion +11.64%
2020-12-31 CN¥12.35 Billion +4.09%
2019-12-31 CN¥11.86 Billion +12.09%
2018-12-31 CN¥10.58 Billion +10.86%
2017-12-31 CN¥9.55 Billion +3.97%
2016-12-31 CN¥9.18 Billion +0.29%
2015-12-31 CN¥9.16 Billion -44.71%
2014-12-31 CN¥16.56 Billion -0.26%
2013-12-31 CN¥16.60 Billion +36.23%
2012-12-31 CN¥12.19 Billion -3.66%
2011-12-31 CN¥12.65 Billion +12.56%
2010-12-31 CN¥11.24 Billion +12.29%
2009-12-31 CN¥10.01 Billion +113.43%
2008-12-31 CN¥4.69 Billion -2.62%
2007-12-31 CN¥4.82 Billion +13.97%
2006-12-31 CN¥4.22 Billion +9.79%
2005-12-31 CN¥3.85 Billion +9.46%
2004-12-31 CN¥3.52 Billion +23.46%
2003-12-31 CN¥2.85 Billion +30.37%
2002-12-31 CN¥2.18 Billion +4.86%
2001-12-31 CN¥2.08 Billion +6.69%
2000-12-31 CN¥1.95 Billion +136.69%
1999-12-31 CN¥824.91 Million +11.96%
1998-12-31 CN¥736.75 Million -0.47%
1997-12-31 CN¥740.26 Million --

Equity Component Analysis

This analysis shows how different components contribute to Gansu Jiu Steel Group Hongxing 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 decreased by 692681505800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥6.26 Billion 82.86%
Other Comprehensive Income CN¥1.52 Billion 20.08%
Other Components CN¥6.70 Billion 88.69%
Total Equity CN¥7.56 Billion 100.00%

Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd Competitors by Market Cap

The table below lists competitors of Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd ranked by their market capitalization.

Company Market Cap
Levima Advanced Materials Corp
SHE:003022
 		$774.90 Million
Hangzhou Zhongtai Cryogenic Technology Corp
SHE:300435
 		$775.01 Million
Myers Industries Inc
NYSE:MYE
 		$776.12 Million
Paul Hartmann AG
F:PHH2
 		$776.29 Million
DTS Corporation
F:DA9
 		$773.82 Million
NISSHIN OILLIO GRP
F:8WC
 		$773.73 Million
Klabin S.A
SA:KLBN3
 		$773.72 Million
LX International Corp
KO:001120
 		$773.58 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 10,140,378,910 to 7,559,374,278, a change of -2,581,004,632 (-25.5%).
  • Net loss of 2,617,152,928 reduced equity.
  • Dividend payments of 775,125,741 reduced retained earnings.
  • Other comprehensive income increased equity by 1,513,803,950.
  • Other factors decreased equity by 702,529,913.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-2.62 Billion -34.62%
Dividends Paid CN¥775.13 Million -10.25%
Other Comprehensive Income CN¥1.51 Billion +20.03%
Other Changes CN¥-702.53 Million -9.29%
Total Change CN¥- -25.45%

Book Value vs Market Value Analysis

This analysis compares Gansu Jiu Steel Group Hongxing 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: 1.84x
  • 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 5.21x to 1.84x 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¥0.43 CN¥2.22 x
1998-12-31 CN¥0.42 CN¥2.22 x
1999-12-31 CN¥0.47 CN¥2.22 x
2000-12-31 CN¥1.12 CN¥2.22 x
2001-12-31 CN¥1.20 CN¥2.22 x
2002-12-31 CN¥1.26 CN¥2.22 x
2003-12-31 CN¥1.64 CN¥2.22 x
2004-12-31 CN¥1.99 CN¥2.22 x
2005-12-31 CN¥2.18 CN¥2.22 x
2006-12-31 CN¥2.39 CN¥2.22 x
2007-12-31 CN¥2.69 CN¥2.22 x
2008-12-31 CN¥2.64 CN¥2.22 x
2009-12-31 CN¥2.42 CN¥2.22 x
2010-12-31 CN¥2.62 CN¥2.22 x
2011-12-31 CN¥2.96 CN¥2.22 x
2012-12-31 CN¥1.91 CN¥2.22 x
2013-12-31 CN¥2.60 CN¥2.22 x
2014-12-31 CN¥2.60 CN¥2.22 x
2015-12-31 CN¥1.45 CN¥2.22 x
2016-12-31 CN¥1.47 CN¥2.22 x
2017-12-31 CN¥1.53 CN¥2.22 x
2018-12-31 CN¥1.68 CN¥2.22 x
2019-12-31 CN¥1.89 CN¥2.22 x
2020-12-31 CN¥1.97 CN¥2.22 x
2021-12-31 CN¥2.20 CN¥2.22 x
2022-12-31 CN¥1.79 CN¥2.22 x
2023-12-31 CN¥1.62 CN¥2.22 x
2024-12-31 CN¥1.21 CN¥2.22 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gansu Jiu Steel Group Hongxing 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): -34.62%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7.51%
  • • Asset Turnover: 0.74x
  • • Equity Multiplier: 6.24x
  • Recent ROE (-34.62%) is below the historical average (3.44%), 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 21.30% 6.59% 1.39x 2.32x CN¥83.62 Million
1998 24.99% 8.40% 1.26x 2.36x CN¥110.47 Million
1999 17.28% 4.87% 1.57x 2.27x CN¥60.06 Million
2000 8.24% 5.15% 1.04x 1.54x CN¥-34.29 Million
2001 12.74% 7.77% 1.02x 1.62x CN¥57.11 Million
2002 13.29% 8.07% 1.07x 1.54x CN¥71.79 Million
2003 21.11% 10.20% 1.54x 1.34x CN¥316.39 Million
2004 21.84% 8.43% 1.40x 1.85x CN¥409.47 Million
2005 13.53% 4.82% 1.52x 1.85x CN¥133.77 Million
2006 11.49% 3.39% 1.82x 1.86x CN¥61.97 Million
2007 16.34% 3.46% 2.33x 2.03x CN¥299.29 Million
2008 5.43% 0.80% 3.12x 2.17x CN¥-209.81 Million
2009 3.25% 0.89% 1.38x 2.64x CN¥-667.40 Million
2010 8.77% 2.38% 1.30x 2.85x CN¥-131.87 Million
2011 12.53% 2.75% 1.23x 3.69x CN¥306.81 Million
2012 5.37% 0.81% 1.72x 3.86x CN¥-552.51 Million
2013 -14.24% -2.47% 1.65x 3.50x CN¥-3.98 Billion
2014 0.24% 0.04% 1.80x 3.24x CN¥-1.60 Billion
2015 -81.20% -13.44% 1.41x 4.28x CN¥-8.27 Billion
2016 0.90% 0.23% 0.93x 4.13x CN¥-833.20 Million
2017 4.39% 1.03% 1.03x 4.15x CN¥-538.54 Million
2018 10.37% 2.41% 1.14x 3.78x CN¥39.08 Million
2019 10.48% 2.65% 1.18x 3.35x CN¥56.45 Million
2020 4.20% 1.40% 0.89x 3.36x CN¥-713.92 Million
2021 10.79% 3.06% 1.16x 3.04x CN¥109.13 Million
2022 -22.13% -5.55% 1.10x 3.61x CN¥-3.60 Billion
2023 -10.35% -2.66% 0.89x 4.37x CN¥-2.06 Billion
2024 -34.62% -7.51% 0.74x 6.24x CN¥-3.37 Billion

Industry Comparison

This section compares Gansu Jiu Steel Group Hongxing Iron & Steel 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
Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd (600307) CN¥6.81 Billion 21.30% 6.37x $774.08 Million
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