Fangda Special Steel Technology Co Ltd (600507) - Net Assets
Based on the latest financial reports, Fangda Special Steel Technology Co Ltd (600507) has net assets worth CN¥10.32 Billion CNY (≈ $1.51 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¥22.04 Billion ≈ $3.22 Billion USD) and total liabilities (CN¥11.72 Billion ≈ $1.72 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 Fangda Special Steel Technology Co Ltd (600507) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.32 Billion |
| % of Total Assets | 46.82% |
| Annual Growth Rate | 19.39% |
| 5-Year Change | 1.53% |
| 10-Year Change | 322.71% |
| Growth Volatility | 58.28 |
Fangda Special Steel Technology Co Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Fangda Special Steel Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600507 total assets for the complete picture of this company's asset base.
Annual Net Assets for Fangda Special Steel Technology Co Ltd (1999–2024)
The table below shows the annual net assets of Fangda Special Steel Technology Co Ltd from 1999 to 2024. For live valuation and market cap data, see 600507 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.59 Billion ≈ $1.40 Billion |
+0.87% |
| 2023-12-31 | CN¥9.51 Billion ≈ $1.39 Billion |
+8.64% |
| 2022-12-31 | CN¥8.75 Billion ≈ $1.28 Billion |
-10.77% |
| 2021-12-31 | CN¥9.81 Billion ≈ $1.43 Billion |
+3.84% |
| 2020-12-31 | CN¥9.44 Billion ≈ $1.38 Billion |
+37.67% |
| 2019-12-31 | CN¥6.86 Billion ≈ $1.00 Billion |
+1.82% |
| 2018-12-31 | CN¥6.74 Billion ≈ $985.73 Million |
+30.27% |
| 2017-12-31 | CN¥5.17 Billion ≈ $756.67 Million |
+76.60% |
| 2016-12-31 | CN¥2.93 Billion ≈ $428.46 Million |
+29.09% |
| 2015-12-31 | CN¥2.27 Billion ≈ $331.92 Million |
-29.19% |
| 2014-12-31 | CN¥3.20 Billion ≈ $468.73 Million |
+15.60% |
| 2013-12-31 | CN¥2.77 Billion ≈ $405.49 Million |
-27.43% |
| 2012-12-31 | CN¥3.82 Billion ≈ $558.78 Million |
+14.45% |
| 2011-12-31 | CN¥3.34 Billion ≈ $488.21 Million |
+47.07% |
| 2010-12-31 | CN¥2.27 Billion ≈ $331.96 Million |
+20.11% |
| 2009-12-31 | CN¥1.89 Billion ≈ $276.38 Million |
+1.32% |
| 2008-12-31 | CN¥1.86 Billion ≈ $272.79 Million |
+1.40% |
| 2007-12-31 | CN¥1.84 Billion ≈ $269.01 Million |
+16.47% |
| 2006-12-31 | CN¥1.58 Billion ≈ $230.98 Million |
+146.71% |
| 2005-12-31 | CN¥639.80 Million ≈ $93.62 Million |
+3.97% |
| 2004-12-31 | CN¥615.37 Million ≈ $90.05 Million |
+13.22% |
| 2003-12-31 | CN¥543.52 Million ≈ $79.53 Million |
+259.25% |
| 2002-12-31 | CN¥151.29 Million ≈ $22.14 Million |
+24.75% |
| 2001-12-31 | CN¥121.28 Million ≈ $17.75 Million |
-9.75% |
| 2000-12-31 | CN¥134.38 Million ≈ $19.66 Million |
+17.71% |
| 1999-12-31 | CN¥114.15 Million ≈ $16.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fangda Special Steel Technology 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 984873.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.87 Billion | 41.65% |
| Common Stock | CN¥2.31 Billion | 24.88% |
| Other Comprehensive Income | CN¥66.28 Million | 0.71% |
| Other Components | CN¥3.05 Billion | 32.76% |
| Total Equity | CN¥9.30 Billion | 100.00% |
Fangda Special Steel Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Fangda Special Steel Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shuangliang Eco-Energy Systems Co Ltd
SHG:600481
|
$1.93 Billion |
|
Evergreen Aviation Tech Corp
TW:2645
|
$1.94 Billion |
|
CECO Environmental Corp.
NASDAQ:CECO
|
$1.94 Billion |
|
Inox Wind Limited
NSE:INOXWIND
|
$1.94 Billion |
|
Thai President Foods Public Company Limited
BK:TFMAMA
|
$1.93 Billion |
|
Atrium Ljungberg AB (publ)
ST:ATRLJ-B
|
$1.93 Billion |
|
Shenzhen Batian Ecotypic Engineering Co Ltd
SHE:002170
|
$1.93 Billion |
|
Bukit Asam Tbk PT
JK:PTBA
|
$1.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fangda Special Steel Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,218,460,277 to 9,296,100,737, a change of 77,640,460 (0.8%).
- Net income of 247,847,629 contributed positively to equity growth.
- Dividend payments of 239,817,045 reduced retained earnings.
- Other comprehensive income increased equity by 11,053,031.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥247.85 Million | +2.67% |
| Dividends Paid | CN¥239.82 Million | -2.58% |
| Other Comprehensive Income | CN¥11.05 Million | +0.12% |
| Other Changes | CN¥58.56 Million | +0.63% |
| Total Change | CN¥- | 0.84% |
Book Value vs Market Value Analysis
This analysis compares Fangda Special Steel Technology 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 51.03x 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 |
|---|---|---|---|
| 1999-12-31 | CN¥0.11 | CN¥5.71 | x |
| 2000-12-31 | CN¥0.13 | CN¥5.71 | x |
| 2001-12-31 | CN¥0.12 | CN¥5.71 | x |
| 2002-12-31 | CN¥0.15 | CN¥5.71 | x |
| 2003-12-31 | CN¥0.27 | CN¥5.71 | x |
| 2004-12-31 | CN¥0.30 | CN¥5.71 | x |
| 2005-12-31 | CN¥0.30 | CN¥5.71 | x |
| 2006-12-31 | CN¥0.77 | CN¥5.71 | x |
| 2007-12-31 | CN¥0.91 | CN¥5.71 | x |
| 2008-12-31 | CN¥0.75 | CN¥5.71 | x |
| 2009-12-31 | CN¥0.92 | CN¥5.71 | x |
| 2010-12-31 | CN¥1.06 | CN¥5.71 | x |
| 2011-12-31 | CN¥1.46 | CN¥5.71 | x |
| 2012-12-31 | CN¥1.59 | CN¥5.71 | x |
| 2013-12-31 | CN¥1.29 | CN¥5.71 | x |
| 2014-12-31 | CN¥1.52 | CN¥5.71 | x |
| 2015-12-31 | CN¥1.02 | CN¥5.71 | x |
| 2016-12-31 | CN¥1.34 | CN¥5.71 | x |
| 2017-12-31 | CN¥2.47 | CN¥5.71 | x |
| 2018-12-31 | CN¥3.07 | CN¥5.71 | x |
| 2019-12-31 | CN¥3.17 | CN¥5.71 | x |
| 2020-12-31 | CN¥4.22 | CN¥5.71 | x |
| 2021-12-31 | CN¥4.39 | CN¥5.71 | x |
| 2022-12-31 | CN¥3.72 | CN¥5.71 | x |
| 2023-12-31 | CN¥3.84 | CN¥5.71 | x |
| 2024-12-31 | CN¥4.09 | CN¥5.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fangda Special Steel Technology 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): 2.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.15%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 2.07x
- Recent ROE (2.67%) is below the historical average (17.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 3.65% | 2.85% | 0.62x | 2.08x | CN¥-7.25 Million |
| 2000 | 15.05% | 10.05% | 0.74x | 2.01x | CN¥6.78 Million |
| 2001 | 24.50% | 8.52% | 1.05x | 2.74x | CN¥17.59 Million |
| 2002 | 23.91% | 6.86% | 1.47x | 2.37x | CN¥21.04 Million |
| 2003 | 10.09% | 7.97% | 0.69x | 1.84x | CN¥478.85K |
| 2004 | 12.81% | 6.15% | 0.91x | 2.28x | CN¥16.50 Million |
| 2005 | 6.61% | 2.62% | 1.04x | 2.42x | CN¥-19.48 Million |
| 2006 | 4.33% | 2.07% | 0.62x | 3.39x | CN¥-84.88 Million |
| 2007 | 16.11% | 2.18% | 2.40x | 3.09x | CN¥107.10 Million |
| 2008 | 0.58% | 0.08% | 2.05x | 3.75x | CN¥-164.54 Million |
| 2009 | 1.85% | 0.30% | 1.69x | 3.66x | CN¥-143.92 Million |
| 2010 | 14.54% | 2.47% | 1.62x | 3.62x | CN¥93.92 Million |
| 2011 | 25.77% | 5.42% | 1.35x | 3.53x | CN¥442.52 Million |
| 2012 | 15.62% | 3.92% | 1.27x | 3.14x | CN¥188.28 Million |
| 2013 | 21.78% | 4.26% | 1.32x | 3.86x | CN¥304.35 Million |
| 2014 | 18.97% | 4.89% | 1.24x | 3.11x | CN¥267.62 Million |
| 2015 | 5.25% | 1.30% | 0.88x | 4.62x | CN¥-95.69 Million |
| 2016 | 25.13% | 7.46% | 1.05x | 3.20x | CN¥400.83 Million |
| 2017 | 52.14% | 18.21% | 1.62x | 1.77x | CN¥2.05 Billion |
| 2018 | 45.41% | 16.93% | 1.80x | 1.49x | CN¥2.28 Billion |
| 2019 | 26.15% | 11.12% | 1.19x | 1.98x | CN¥1.06 Billion |
| 2020 | 23.53% | 12.89% | 1.21x | 1.51x | CN¥1.23 Billion |
| 2021 | 28.86% | 12.60% | 1.08x | 2.12x | CN¥1.79 Billion |
| 2022 | 12.56% | 3.38% | 1.81x | 2.05x | CN¥216.77 Million |
| 2023 | 7.47% | 2.60% | 1.34x | 2.15x | CN¥-233.02 Million |
| 2024 | 2.67% | 1.15% | 1.12x | 2.07x | CN¥-681.76 Million |
Industry Comparison
This section compares Fangda Special Steel Technology Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $21,033,016,152
- Average return on equity (ROE) among peers: 14.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fangda Special Steel Technology Co Ltd (600507) | CN¥10.32 Billion | 3.65% | 1.14x | $1.93 Billion |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $25.28 Billion | 21.31% | 1.87x | $11.51 Billion |
| HBIS Co Ltd (000709) | $46.63 Billion | 3.34% | 2.99x | $3.60 Billion |
| Sgis Songshan Co Ltd (000717) | $2.97 Billion | 84.66% | 3.85x | $883.17 Million |
| Bengang Steel Plates Co Ltd (000761) | $15.05 Billion | 6.15% | 1.38x | $1.58 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $28.18 Billion | 0.59% | 0.89x | $2.60 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $21.29 Billion | 5.80% | 2.06x | $3.63 Billion |
| Jiangsu Fasten Co Ltd (000890) | $223.45 Million | 31.03% | 7.78x | $867.39 Million |
| Angang Steel Co Ltd Class A (000898) | $48.20 Billion | 1.93% | 0.89x | $2.69 Billion |
| Hunan Valin Steel Co Ltd (000932) | $14.49 Billion | -18.24% | 4.16x | $4.74 Billion |
| Beijing Shougang Co Ltd (000959) | $8.03 Billion | 7.94% | 1.27x | $5.15 Billion |
About Fangda Special Steel Technology Co Ltd
Fangda Special Steel Technology Co., Ltd. manufactures, process, and sells ferrous metal smelting and related products in China. It operates through Special Steel and Mining Industry segments. The company offers spring steel flat bars used in the automobile leaf spring and steering arm of air suspension; leaf spring; and hot-rolled steel bars, including ribbed bars, plate round bars, and resin an… Read more