Anyang Iron & Steel Inc

SHG:600569 China Steel
Market Cap
$1.06 Billion
CN¥7.78 Billion CNY
Market Cap Rank
#12258 Global
#3009 in China
Share Price
CN¥2.71
Change (1 day)
+5.04%
52-Week Range
CN¥1.66 - CN¥2.72
All Time High
CN¥5.05
About

Anyang Iron and Steel Co.,Ltd. engages in the manufacture and sale of steel products by using processing technology in China and internationally. It offers medium and thick plates, ductile iron pipes, pig iron, sintered ore wait, cast pipes, new technology materials, and other products, steel billets, hot-rolled and cold-rolled coils, building materials, and profiles. The company also provides co… Read more

Anyang Iron & Steel Inc (600569) - Net Assets

Latest net assets as of September 2025: CN¥4.90 Billion CNY

Based on the latest financial reports, Anyang Iron & Steel Inc (600569) has net assets worth CN¥4.90 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¥46.57 Billion) and total liabilities (CN¥41.67 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¥4.90 Billion
% of Total Assets 10.52%
Annual Growth Rate 2.34%
5-Year Change -59.25%
10-Year Change -18.36%
Growth Volatility 23.56

Anyang Iron & Steel Inc - Net Assets Trend (1998–2024)

This chart illustrates how Anyang Iron & Steel Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Anyang Iron & Steel Inc (1998–2024)

The table below shows the annual net assets of Anyang Iron & Steel Inc from 1998 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.42 Billion -40.31%
2023-12-31 CN¥7.41 Billion -8.65%
2022-12-31 CN¥8.11 Billion -30.31%
2021-12-31 CN¥11.64 Billion +7.24%
2020-12-31 CN¥10.85 Billion +1.40%
2019-12-31 CN¥10.70 Billion +22.26%
2018-12-31 CN¥8.75 Billion +29.57%
2017-12-31 CN¥6.75 Billion +22.11%
2016-12-31 CN¥5.53 Billion +2.14%
2015-12-31 CN¥5.42 Billion -29.04%
2014-12-31 CN¥7.63 Billion +3.30%
2013-12-31 CN¥7.39 Billion +0.85%
2012-12-31 CN¥7.33 Billion -32.03%
2011-12-31 CN¥10.78 Billion -0.20%
2010-12-31 CN¥10.80 Billion +1.92%
2009-12-31 CN¥10.60 Billion +1.47%
2008-12-31 CN¥10.44 Billion +39.48%
2007-12-31 CN¥7.49 Billion +17.40%
2006-12-31 CN¥6.38 Billion +5.84%
2005-12-31 CN¥6.02 Billion +4.00%
2004-12-31 CN¥5.79 Billion +7.23%
2003-12-31 CN¥5.40 Billion +18.21%
2002-12-31 CN¥4.57 Billion +6.30%
2001-12-31 CN¥4.30 Billion +78.43%
2000-12-31 CN¥2.41 Billion +8.92%
1999-12-31 CN¥2.21 Billion -8.73%
1998-12-31 CN¥2.42 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Anyang Iron & Steel Inc'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 1683.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥2.87 Billion 108.50%
Other Comprehensive Income CN¥1.93 Billion 72.96%
Other Components CN¥4.41 Billion 166.54%
Total Equity CN¥2.65 Billion 100.00%

Anyang Iron & Steel Inc Competitors by Market Cap

The table below lists competitors of Anyang Iron & Steel Inc ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Anyang Iron & Steel Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,900,488,387 to 2,647,339,586, a change of -3,253,148,801 (-55.1%).
  • Net loss of 3,271,068,655 reduced equity.
  • Dividend payments of 806,995,947 reduced retained earnings.
  • Other comprehensive income increased equity by 17,919,853.
  • Other factors increased equity by 806,995,948.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-3.27 Billion -123.56%
Dividends Paid CN¥807.00 Million -30.48%
Other Comprehensive Income CN¥17.92 Million +0.68%
Other Changes CN¥807.00 Million +30.48%
Total Change CN¥- -55.13%

Book Value vs Market Value Analysis

This analysis compares Anyang Iron & Steel Inc'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: 2.94x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 2.72x to 2.94x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-12-31 CN¥0.99 CN¥2.71 x
1999-12-31 CN¥0.91 CN¥2.71 x
2000-12-31 CN¥0.99 CN¥2.71 x
2001-12-31 CN¥1.76 CN¥2.71 x
2002-12-31 CN¥1.88 CN¥2.71 x
2003-12-31 CN¥2.22 CN¥2.71 x
2004-12-31 CN¥2.38 CN¥2.71 x
2005-12-31 CN¥2.47 CN¥2.71 x
2006-12-31 CN¥3.12 CN¥2.71 x
2007-12-31 CN¥3.73 CN¥2.71 x
2008-12-31 CN¥4.17 CN¥2.71 x
2009-12-31 CN¥4.11 CN¥2.71 x
2010-12-31 CN¥4.41 CN¥2.71 x
2011-12-31 CN¥4.46 CN¥2.71 x
2012-12-31 CN¥2.97 CN¥2.71 x
2013-12-31 CN¥3.04 CN¥2.71 x
2014-12-31 CN¥3.04 CN¥2.71 x
2015-12-31 CN¥1.97 CN¥2.71 x
2016-12-31 CN¥2.00 CN¥2.71 x
2017-12-31 CN¥2.70 CN¥2.71 x
2018-12-31 CN¥3.48 CN¥2.71 x
2019-12-31 CN¥3.70 CN¥2.71 x
2020-12-31 CN¥3.47 CN¥2.71 x
2021-12-31 CN¥3.77 CN¥2.71 x
2022-12-31 CN¥2.60 CN¥2.71 x
2023-12-31 CN¥2.05 CN¥2.71 x
2024-12-31 CN¥0.92 CN¥2.71 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Anyang Iron & Steel Inc 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): -123.56%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -11.04%
  • • Asset Turnover: 0.70x
  • • Equity Multiplier: 15.93x
  • Recent ROE (-123.56%) is below the historical average (-3.68%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 12.23% 7.16% 0.96x 1.78x CN¥53.98 Million
1999 14.22% 7.26% 0.88x 2.23x CN¥93.38 Million
2000 20.43% 9.35% 1.03x 2.11x CN¥251.31 Million
2001 10.95% 7.91% 0.98x 1.41x CN¥40.79 Million
2002 11.76% 8.00% 1.07x 1.37x CN¥80.30 Million
2003 15.26% 8.87% 1.24x 1.38x CN¥284.15 Million
2004 12.64% 5.67% 1.45x 1.54x CN¥152.70 Million
2005 7.19% 2.97% 1.24x 1.95x CN¥-169.38 Million
2006 8.73% 3.37% 1.18x 2.20x CN¥-81.00 Million
2007 14.57% 4.25% 1.19x 2.88x CN¥341.89 Million
2008 1.20% 0.33% 1.37x 2.63x CN¥-908.50 Million
2009 1.22% 0.56% 0.85x 2.57x CN¥-919.23 Million
2010 0.66% 0.25% 0.90x 2.97x CN¥-987.33 Million
2011 0.36% 0.13% 0.90x 3.12x CN¥-1.02 Billion
2012 -49.21% -16.70% 0.65x 4.53x CN¥-4.21 Billion
2013 0.72% 0.20% 0.82x 4.43x CN¥-666.20 Million
2014 0.40% 0.11% 0.84x 4.45x CN¥-693.61 Million
2015 -54.21% -12.53% 0.63x 6.85x CN¥-3.02 Billion
2016 2.55% 0.56% 0.68x 6.70x CN¥-360.36 Million
2017 24.81% 5.92% 0.82x 5.14x CN¥955.46 Million
2018 22.30% 5.60% 0.97x 4.12x CN¥1.02 Billion
2019 2.59% 0.86% 0.78x 3.87x CN¥-731.78 Million
2020 2.29% 0.72% 0.79x 4.07x CN¥-767.69 Million
2021 8.89% 1.85% 1.14x 4.22x CN¥-119.91 Million
2022 -41.95% -7.98% 0.92x 5.71x CN¥-3.88 Billion
2023 -26.34% -3.69% 0.97x 7.37x CN¥-2.14 Billion
2024 -123.56% -11.04% 0.70x 15.93x CN¥-3.54 Billion

Industry Comparison

This section compares Anyang Iron & Steel Inc'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
Anyang Iron & Steel Inc (600569) CN¥4.90 Billion 12.23% 8.50x $337.44 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