Xinyu Iron & Steel Co Ltd
Xinyu Iron & Steel Co., Ltd produces and sells steel products in China. The company offers wire rods, cold and hot rolled coils, medium and thick plates, special steel, silicon steel, steel strand, electronic steel, and metal products. It also engages in the smelting, rolling processing, and sales of ferrous metal; manufacturing of cement and cement product, graphite, and carbon product; manufact… Read more
Xinyu Iron & Steel Co Ltd (600782) - Net Assets
Latest net assets as of September 2025: CN¥27.07 Billion CNY
Based on the latest financial reports, Xinyu Iron & Steel Co Ltd (600782) has net assets worth CN¥27.07 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¥48.70 Billion) and total liabilities (CN¥21.63 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¥27.07 Billion |
| % of Total Assets | 55.59% |
| Annual Growth Rate | 23.58% |
| 5-Year Change | 10.54% |
| 10-Year Change | 211.61% |
| Growth Volatility | 339.72 |
Xinyu Iron & Steel Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Xinyu 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 Xinyu Iron & Steel Co Ltd (1993–2024)
The table below shows the annual net assets of Xinyu Iron & Steel Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥26.69 Billion | -2.24% |
| 2023-12-31 | CN¥27.30 Billion | +1.03% |
| 2022-12-31 | CN¥27.02 Billion | -2.27% |
| 2021-12-31 | CN¥27.65 Billion | +14.52% |
| 2020-12-31 | CN¥24.15 Billion | +8.31% |
| 2019-12-31 | CN¥22.29 Billion | +14.22% |
| 2018-12-31 | CN¥19.52 Billion | +40.56% |
| 2017-12-31 | CN¥13.89 Billion | +53.00% |
| 2016-12-31 | CN¥9.08 Billion | +5.95% |
| 2015-12-31 | CN¥8.57 Billion | +0.21% |
| 2014-12-31 | CN¥8.55 Billion | +5.19% |
| 2013-12-31 | CN¥8.13 Billion | +1.47% |
| 2012-12-31 | CN¥8.01 Billion | -9.18% |
| 2011-12-31 | CN¥8.82 Billion | +2.87% |
| 2010-12-31 | CN¥8.57 Billion | +3.57% |
| 2009-12-31 | CN¥8.28 Billion | +2.19% |
| 2008-12-31 | CN¥8.10 Billion | +15.83% |
| 2007-12-31 | CN¥6.99 Billion | +1932.75% |
| 2006-12-31 | CN¥343.99 Million | +9.27% |
| 2005-12-31 | CN¥314.81 Million | +4.05% |
| 2004-12-31 | CN¥302.55 Million | +3.12% |
| 2003-12-31 | CN¥293.40 Million | +8.74% |
| 2002-12-31 | CN¥269.82 Million | +1.27% |
| 2001-12-31 | CN¥266.44 Million | +1.99% |
| 2000-12-31 | CN¥261.25 Million | +6.53% |
| 1999-12-31 | CN¥245.23 Million | +62.20% |
| 1998-12-31 | CN¥151.19 Million | +1.75% |
| 1997-12-31 | CN¥148.59 Million | +2.90% |
| 1996-12-31 | CN¥144.40 Million | +102.93% |
| 1995-12-31 | CN¥71.16 Million | +29.74% |
| 1994-12-31 | CN¥54.85 Million | +45.55% |
| 1993-12-31 | CN¥37.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xinyu 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 grown by 67953.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥15.38 Billion | 58.88% |
| Common Stock | CN¥3.15 Billion | 12.04% |
| Other Comprehensive Income | CN¥2.26 Billion | 8.65% |
| Other Components | CN¥5.34 Billion | 20.43% |
| Total Equity | CN¥26.13 Billion | 100.00% |
Xinyu Iron & Steel Co Ltd Competitors by Market Cap
The table below lists competitors of Xinyu Iron & Steel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Green Thumb Industries Inc
OTCQX:GTBIF
|
$939.64 Million |
|
Luoniushan Co Ltd
SHE:000735
|
$939.65 Million |
|
Jiangsu Baichuan HighTech New Materials Co Ltd
SHE:002455
|
$940.60 Million |
|
China Resources Pharmaceutical Group Limited
F:640
|
$940.63 Million |
|
Chongqing Department Store Co Ltd
SHG:600729
|
$939.47 Million |
|
Himadri Speciality Chemical Limited
NSE:HSCL
|
$939.39 Million |
|
Crayon Group Holding ASA
PINK:CRAYF
|
$939.16 Million |
|
EDION CORP.
F:9H2
|
$939.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xinyu Iron & Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,568,170,981 to 26,126,723,510, a change of -441,447,471 (-1.7%).
- Net income of 32,780,683 contributed positively to equity growth.
- Dividend payments of 610,046,462 reduced retained earnings.
- Other comprehensive income decreased equity by 1,233,167.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥32.78 Million | +0.13% |
| Dividends Paid | CN¥610.05 Million | -2.33% |
| Other Comprehensive Income | CN¥-1.23 Million | -0.0% |
| Other Changes | CN¥137.05 Million | +0.52% |
| Total Change | CN¥- | -1.66% |
Book Value vs Market Value Analysis
This analysis compares Xinyu 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: 0.49x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 42.24x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.10 | CN¥4.11 | x |
| 1994-12-31 | CN¥0.14 | CN¥4.11 | x |
| 1995-12-31 | CN¥0.18 | CN¥4.11 | x |
| 1996-12-31 | CN¥0.37 | CN¥4.11 | x |
| 1997-12-31 | CN¥0.38 | CN¥4.11 | x |
| 1998-12-31 | CN¥0.39 | CN¥4.11 | x |
| 1999-12-31 | CN¥0.63 | CN¥4.11 | x |
| 2000-12-31 | CN¥0.67 | CN¥4.11 | x |
| 2001-12-31 | CN¥0.69 | CN¥4.11 | x |
| 2002-12-31 | CN¥0.70 | CN¥4.11 | x |
| 2003-12-31 | CN¥0.76 | CN¥4.11 | x |
| 2004-12-31 | CN¥0.78 | CN¥4.11 | x |
| 2005-12-31 | CN¥0.81 | CN¥4.11 | x |
| 2006-12-31 | CN¥0.89 | CN¥4.11 | x |
| 2007-12-31 | CN¥7.64 | CN¥4.11 | x |
| 2008-12-31 | CN¥2.64 | CN¥4.11 | x |
| 2009-12-31 | CN¥2.51 | CN¥4.11 | x |
| 2010-12-31 | CN¥3.03 | CN¥4.11 | x |
| 2011-12-31 | CN¥3.03 | CN¥4.11 | x |
| 2012-12-31 | CN¥2.70 | CN¥4.11 | x |
| 2013-12-31 | CN¥2.79 | CN¥4.11 | x |
| 2014-12-31 | CN¥2.87 | CN¥4.11 | x |
| 2015-12-31 | CN¥2.68 | CN¥4.11 | x |
| 2016-12-31 | CN¥3.10 | CN¥4.11 | x |
| 2017-12-31 | CN¥4.68 | CN¥4.11 | x |
| 2018-12-31 | CN¥5.94 | CN¥4.11 | x |
| 2019-12-31 | CN¥6.81 | CN¥4.11 | x |
| 2020-12-31 | CN¥7.40 | CN¥4.11 | x |
| 2021-12-31 | CN¥8.60 | CN¥4.11 | x |
| 2022-12-31 | CN¥8.41 | CN¥4.11 | x |
| 2023-12-31 | CN¥8.54 | CN¥4.11 | x |
| 2024-12-31 | CN¥8.31 | CN¥4.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xinyu 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): 0.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.08%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.00x
- Recent ROE (0.13%) is below the historical average (14.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 70.58% | 19.53% | 1.58x | 2.29x | CN¥22.83 Million |
| 1994 | 76.33% | 31.13% | 1.18x | 2.07x | CN¥36.38 Million |
| 1995 | 34.41% | 19.44% | 1.00x | 1.77x | CN¥17.37 Million |
| 1996 | 15.76% | 17.56% | 0.69x | 1.30x | CN¥8.32 Million |
| 1997 | 16.13% | 17.95% | 0.56x | 1.60x | CN¥9.11 Million |
| 1998 | 13.02% | 13.54% | 0.60x | 1.61x | CN¥4.57 Million |
| 1999 | 6.11% | 9.06% | 0.60x | 1.12x | CN¥-9.55 Million |
| 2000 | 10.29% | 10.57% | 0.66x | 1.47x | CN¥763.00K |
| 2001 | 9.92% | 9.03% | 0.73x | 1.50x | CN¥-202.72K |
| 2002 | 10.21% | 6.93% | 0.81x | 1.81x | CN¥557.16K |
| 2003 | 8.04% | 4.39% | 1.12x | 1.63x | CN¥-5.76 Million |
| 2004 | 9.41% | 3.78% | 1.30x | 1.92x | CN¥-1.78 Million |
| 2005 | 10.03% | 3.82% | 1.30x | 2.02x | CN¥104.96K |
| 2006 | 38.74% | 7.28% | 2.77x | 1.92x | CN¥98.87 Million |
| 2007 | 3.61% | 3.31% | 0.46x | 2.36x | CN¥-445.71 Million |
| 2008 | 8.65% | 2.55% | 1.20x | 2.83x | CN¥-108.81 Million |
| 2009 | 2.19% | 0.83% | 0.90x | 2.94x | CN¥-643.77 Million |
| 2010 | 4.30% | 1.04% | 1.32x | 3.14x | CN¥-486.22 Million |
| 2011 | 1.98% | 0.42% | 1.37x | 3.40x | CN¥-690.43 Million |
| 2012 | -13.88% | -2.93% | 1.18x | 4.02x | CN¥-1.80 Billion |
| 2013 | 1.44% | 0.33% | 1.06x | 4.18x | CN¥-653.81 Million |
| 2014 | 5.06% | 1.26% | 1.06x | 3.79x | CN¥-397.42 Million |
| 2015 | 0.75% | 0.24% | 0.90x | 3.48x | CN¥-749.79 Million |
| 2016 | 5.82% | 1.64% | 1.04x | 3.40x | CN¥-358.75 Million |
| 2017 | 23.30% | 6.23% | 1.50x | 2.49x | CN¥1.78 Billion |
| 2018 | 31.12% | 10.37% | 1.37x | 2.19x | CN¥4.01 Billion |
| 2019 | 15.72% | 5.90% | 1.28x | 2.08x | CN¥1.24 Billion |
| 2020 | 11.49% | 3.73% | 1.39x | 2.22x | CN¥350.35 Million |
| 2021 | 16.18% | 4.15% | 1.79x | 2.18x | CN¥1.66 Billion |
| 2022 | 3.98% | 1.06% | 1.86x | 2.03x | CN¥-1.58 Billion |
| 2023 | 1.87% | 0.70% | 1.34x | 1.99x | CN¥-2.16 Billion |
| 2024 | 0.13% | 0.08% | 0.80x | 2.00x | CN¥-2.58 Billion |
Industry Comparison
This section compares Xinyu 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 |
|---|---|---|---|---|
| Xinyu Iron & Steel Co Ltd (600782) | CN¥27.07 Billion | 70.58% | 0.80x | $939.51 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 |