Anyang Iron & Steel Inc (600569) - Net Assets
Based on the latest financial reports, Anyang Iron & Steel Inc (600569) has net assets worth CN¥3.03 Billion CNY (≈ $443.19 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥46.68 Billion ≈ $6.83 Billion USD) and total liabilities (CN¥43.65 Billion ≈ $6.39 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 600569 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.03 Billion |
| % of Total Assets | 6.49% |
| Annual Growth Rate | 1.73% |
| 5-Year Change | -66.9% |
| 10-Year Change | -30.37% |
| Growth Volatility | 23.36 |
Anyang Iron & Steel Inc - Net Assets Trend (1998–2025)
This chart illustrates how Anyang Iron & Steel Inc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Anyang Iron & Steel Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Anyang Iron & Steel Inc (1998–2025)
The table below shows the annual net assets of Anyang Iron & Steel Inc from 1998 to 2025. For live valuation and market cap data, see how much is Anyang Iron & Steel Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.85 Billion ≈ $563.57 Million |
-12.88% |
| 2024-12-31 | CN¥4.42 Billion ≈ $646.91 Million |
-40.31% |
| 2023-12-31 | CN¥7.41 Billion ≈ $1.08 Billion |
-8.65% |
| 2022-12-31 | CN¥8.11 Billion ≈ $1.19 Billion |
-30.31% |
| 2021-12-31 | CN¥11.64 Billion ≈ $1.70 Billion |
+7.24% |
| 2020-12-31 | CN¥10.85 Billion ≈ $1.59 Billion |
+1.40% |
| 2019-12-31 | CN¥10.70 Billion ≈ $1.57 Billion |
+22.26% |
| 2018-12-31 | CN¥8.75 Billion ≈ $1.28 Billion |
+29.57% |
| 2017-12-31 | CN¥6.75 Billion ≈ $988.40 Million |
+22.11% |
| 2016-12-31 | CN¥5.53 Billion ≈ $809.40 Million |
+2.14% |
| 2015-12-31 | CN¥5.42 Billion ≈ $792.41 Million |
-29.04% |
| 2014-12-31 | CN¥7.63 Billion ≈ $1.12 Billion |
+3.30% |
| 2013-12-31 | CN¥7.39 Billion ≈ $1.08 Billion |
+0.85% |
| 2012-12-31 | CN¥7.33 Billion ≈ $1.07 Billion |
-32.03% |
| 2011-12-31 | CN¥10.78 Billion ≈ $1.58 Billion |
-0.20% |
| 2010-12-31 | CN¥10.80 Billion ≈ $1.58 Billion |
+1.92% |
| 2009-12-31 | CN¥10.60 Billion ≈ $1.55 Billion |
+1.47% |
| 2008-12-31 | CN¥10.44 Billion ≈ $1.53 Billion |
+39.48% |
| 2007-12-31 | CN¥7.49 Billion ≈ $1.10 Billion |
+17.40% |
| 2006-12-31 | CN¥6.38 Billion ≈ $933.12 Million |
+5.84% |
| 2005-12-31 | CN¥6.02 Billion ≈ $881.60 Million |
+4.00% |
| 2004-12-31 | CN¥5.79 Billion ≈ $847.73 Million |
+7.23% |
| 2003-12-31 | CN¥5.40 Billion ≈ $790.55 Million |
+18.21% |
| 2002-12-31 | CN¥4.57 Billion ≈ $668.75 Million |
+6.30% |
| 2001-12-31 | CN¥4.30 Billion ≈ $629.14 Million |
+78.43% |
| 2000-12-31 | CN¥2.41 Billion ≈ $352.59 Million |
+8.92% |
| 1999-12-31 | CN¥2.21 Billion ≈ $323.72 Million |
-8.73% |
| 1998-12-31 | CN¥2.42 Billion ≈ $354.68 Million |
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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 1803.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥9.20 Billion | 430.83% |
| Total Equity | CN¥2.13 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.
| Company | Market Cap |
|---|---|
|
Qingmu Digital Technology Co.Ltd.
SHE:301110
|
$748.24 Million |
|
Da-Li Development Co Ltd
TW:6177
|
$748.36 Million |
|
Hangzhou Landscaping Incorporated
SHG:605303
|
$748.64 Million |
|
China CYTS Tours Holding Co Ltd
SHG:600138
|
$748.86 Million |
|
Nanjing Kangni Mechanical & Electrical Co Ltd
SHG:603111
|
$748.02 Million |
|
Thurgauer Kantonalbank
SW:TKBP
|
$748.00 Million |
|
Mavi Giyim Sanayi Ve Ticaret AS
IS:MAVI
|
$747.39 Million |
|
Wolfspeed, Inc.
NYSE:WOLF
|
$747.12 Million |
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 2024 to 2025, total equity changed from 2,647,339,586 to 2,134,795,806, a change of -512,543,780 (-19.4%).
- Net loss of 496,985,921 reduced equity.
- Dividend payments of 654,965,690 reduced retained earnings.
- Other comprehensive income decreased equity by 1,931,574,610.
- Other factors increased equity by 2,570,982,440.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-496.99 Million | -23.28% |
| Dividends Paid | CN¥654.97 Million | -30.68% |
| Other Comprehensive Income | CN¥-1.93 Billion | -90.48% |
| Other Changes | CN¥2.57 Billion | +120.43% |
| Total Change | CN¥- | -19.36% |
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: 2.40x
- 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 1.79x to 2.40x 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¥1.78 | x |
| 1999-12-31 | CN¥0.91 | CN¥1.78 | x |
| 2000-12-31 | CN¥0.99 | CN¥1.78 | x |
| 2001-12-31 | CN¥1.76 | CN¥1.78 | x |
| 2002-12-31 | CN¥1.88 | CN¥1.78 | x |
| 2003-12-31 | CN¥2.22 | CN¥1.78 | x |
| 2004-12-31 | CN¥2.38 | CN¥1.78 | x |
| 2005-12-31 | CN¥2.47 | CN¥1.78 | x |
| 2006-12-31 | CN¥3.12 | CN¥1.78 | x |
| 2007-12-31 | CN¥3.73 | CN¥1.78 | x |
| 2008-12-31 | CN¥4.17 | CN¥1.78 | x |
| 2009-12-31 | CN¥4.11 | CN¥1.78 | x |
| 2010-12-31 | CN¥4.41 | CN¥1.78 | x |
| 2011-12-31 | CN¥4.46 | CN¥1.78 | x |
| 2012-12-31 | CN¥2.97 | CN¥1.78 | x |
| 2013-12-31 | CN¥3.04 | CN¥1.78 | x |
| 2014-12-31 | CN¥3.04 | CN¥1.78 | x |
| 2015-12-31 | CN¥1.97 | CN¥1.78 | x |
| 2016-12-31 | CN¥2.00 | CN¥1.78 | x |
| 2017-12-31 | CN¥2.70 | CN¥1.78 | x |
| 2018-12-31 | CN¥3.48 | CN¥1.78 | x |
| 2019-12-31 | CN¥3.70 | CN¥1.78 | x |
| 2020-12-31 | CN¥3.49 | CN¥1.78 | x |
| 2021-12-31 | CN¥3.78 | CN¥1.78 | x |
| 2022-12-31 | CN¥2.60 | CN¥1.78 | x |
| 2023-12-31 | CN¥2.05 | CN¥1.78 | x |
| 2024-12-31 | CN¥0.92 | CN¥1.78 | x |
| 2025-12-31 | CN¥0.74 | CN¥1.78 | 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): -23.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.66%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 21.19x
- Recent ROE (-23.28%) is below the historical average (-4.32%), 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% | 1.83% | 1.15x | 4.22x | CN¥-119.91 Million |
| 2022 | -40.21% | -7.65% | 0.92x | 5.71x | CN¥-3.75 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 |
| 2025 | -23.28% | -1.66% | 0.66x | 21.19x | CN¥-710.47 Million |
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: $20,131,790,331
- Average return on equity (ROE) among peers: 12.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anyang Iron & Steel Inc (600569) | CN¥3.03 Billion | 12.23% | 14.41x | $748.18 Million |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $45.47 Billion | 13.04% | 1.43x | $9.99 Billion |
| HBIS Co Ltd (000709) | $45.60 Billion | 1.26% | 2.92x | $3.12 Billion |
| Sgis Songshan Co Ltd (000717) | $7.41 Billion | 11.17% | 1.27x | $741.29 Million |
| Bengang Steel Plates Co Ltd (000761) | $19.66 Billion | 5.27% | 2.03x | $1.25 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $5.28 Billion | 9.06% | 0.96x | $2.34 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $432.96 Million | 30.90% | 1.82x | $3.14 Billion |
| Jiangsu Fasten Co Ltd (000890) | $1.18 Billion | 1.14% | 1.80x | $546.34 Million |
| Angang Steel Co Ltd Class A (000898) | $58.80 Billion | 0.18% | 0.65x | $2.33 Billion |
| Hunan Valin Steel Co Ltd (000932) | $14.93 Billion | 27.60% | 4.10x | $3.65 Billion |
| Beijing Shougang Co Ltd (000959) | $2.57 Billion | 23.68% | 2.11x | $3.68 Billion |
About Anyang Iron & Steel Inc
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