Fangda Special Steel Technology Co Ltd (600507) - Net Assets

Latest as of September 2025: CN¥10.32 Billion CNY ≈ $1.51 Billion USD

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

SHG:600507 China Steel
Market Cap
$1.93 Billion
CN¥13.21 Billion CNY
Market Cap Rank
#6457 Global
#1482 in China
Share Price
CN¥5.71
Change (1 day)
-0.87%
52-Week Range
CN¥4.17 - CN¥7.23
All Time High
CN¥8.94
About

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