Maanshan Iron & Steel Co Ltd (600808) - Net Assets

Latest as of September 2025: CN¥32.82 Billion CNY ≈ $4.80 Billion USD

Based on the latest financial reports, Maanshan Iron & Steel Co Ltd (600808) has net assets worth CN¥32.82 Billion CNY (≈ $4.80 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¥83.20 Billion ≈ $12.17 Billion USD) and total liabilities (CN¥50.38 Billion ≈ $7.37 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. Also explore Maanshan Iron & Steel Co Ltd (600808) total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥32.82 Billion
% of Total Assets 39.44%
Annual Growth Rate 3.2%
5-Year Change -16.22%
10-Year Change 31.72%
Growth Volatility 10.98

Maanshan Iron & Steel Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Maanshan Iron & Steel Co Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see 600808 market cap overview.

Annual Net Assets for Maanshan Iron & Steel Co Ltd (1993–2024)

The table below shows the annual net assets of Maanshan Iron & Steel Co Ltd from 1993 to 2024. Explore 600808 operating cash flow to assess how effectively this company generates cash.

Year Net Assets Change
2024-12-31 CN¥27.32 Billion
≈ $4.00 Billion		 -15.36%
2023-12-31 CN¥32.28 Billion
≈ $4.72 Billion		 -3.14%
2022-12-31 CN¥33.33 Billion
≈ $4.88 Billion		 -10.92%
2021-12-31 CN¥37.41 Billion
≈ $5.47 Billion		 +14.72%
2020-12-31 CN¥32.61 Billion
≈ $4.77 Billion		 +5.74%
2019-12-31 CN¥30.84 Billion
≈ $4.51 Billion		 -3.60%
2018-12-31 CN¥31.99 Billion
≈ $4.68 Billion		 +17.46%
2017-12-31 CN¥27.24 Billion
≈ $3.99 Billion		 +23.35%
2016-12-31 CN¥22.08 Billion
≈ $3.23 Billion		 +6.46%
2015-12-31 CN¥20.74 Billion
≈ $3.04 Billion		 -19.88%
2014-12-31 CN¥25.89 Billion
≈ $3.79 Billion		 +0.74%
2013-12-31 CN¥25.70 Billion
≈ $3.76 Billion		 +0.73%
2012-12-31 CN¥25.51 Billion
≈ $3.73 Billion		 -11.82%
2011-12-31 CN¥28.93 Billion
≈ $4.23 Billion		 +3.34%
2010-12-31 CN¥28.00 Billion
≈ $4.10 Billion		 +2.99%
2009-12-31 CN¥27.18 Billion
≈ $3.98 Billion		 +2.48%
2008-12-31 CN¥26.53 Billion
≈ $3.88 Billion		 +13.10%
2007-12-31 CN¥23.46 Billion
≈ $3.43 Billion		 +14.79%
2006-12-31 CN¥20.43 Billion
≈ $2.99 Billion		 +7.43%
2005-12-31 CN¥19.02 Billion
≈ $2.78 Billion		 +8.61%
2004-12-31 CN¥17.51 Billion
≈ $2.56 Billion		 +16.78%
2003-12-31 CN¥15.00 Billion
≈ $2.19 Billion		 +26.41%
2002-12-31 CN¥11.86 Billion
≈ $1.74 Billion		 +0.73%
2001-12-31 CN¥11.78 Billion
≈ $1.72 Billion		 -0.93%
2000-12-31 CN¥11.89 Billion
≈ $1.74 Billion		 +0.22%
1999-12-31 CN¥11.86 Billion
≈ $1.74 Billion		 +13.24%
1998-12-31 CN¥10.48 Billion
≈ $1.53 Billion		 -12.83%
1997-12-31 CN¥12.02 Billion
≈ $1.76 Billion		 +0.52%
1996-12-31 CN¥11.96 Billion
≈ $1.75 Billion		 +0.14%
1995-12-31 CN¥11.94 Billion
≈ $1.75 Billion		 -0.18%
1994-12-31 CN¥11.96 Billion
≈ $1.75 Billion		 +16.24%
1993-12-31 CN¥10.29 Billion
≈ $1.51 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to Maanshan 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 1093.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.22 Billion 9.56%
Common Stock CN¥7.75 Billion 33.31%
Other Comprehensive Income CN¥4.99 Billion 21.45%
Other Components CN¥8.30 Billion 35.67%
Total Equity CN¥23.26 Billion 100.00%

Maanshan Iron & Steel Co Ltd Competitors by Market Cap

The table below lists competitors of Maanshan Iron & Steel Co Ltd ranked by their market capitalization.

Company Market Cap
Boyd Group Services Inc.
TO:BYD
 $3.38 Billion
Zhongshan Broad-Ocean Motor Co Ltd
SHE:002249
 $3.38 Billion
Fujian Sunner Development Co Ltd
SHE:002299
 $3.38 Billion
Tianjin Zhongxin Pharmaceutical Group Corp Ltd
SHG:600329
 $3.39 Billion
Life360, Inc. Common Stock
NASDAQ:LIF
 $3.38 Billion
Denison Mines Corp
TO:DML
 $3.38 Billion
Hafnia Limited
NYSE:HAFN
 $3.37 Billion
Xinyi Solar Holdings Ltd
F:13X
 $3.37 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 27,768,582,604 to 23,257,461,000, a change of -4,511,121,604 (-16.2%).
  • Net loss of 4,659,156,254 reduced equity.
  • Dividend payments of 582,622,410 reduced retained earnings.
  • Share repurchases of 56,868,486 reduced equity.
  • Other comprehensive income increased equity by 148,034,567.
  • Other factors increased equity by 639,490,979.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-4.66 Billion -20.03%
Dividends Paid CN¥582.62 Million -2.51%
Share Repurchases CN¥56.87 Million -0.24%
Other Comprehensive Income CN¥148.03 Million +0.64%
Other Changes CN¥639.49 Million +2.75%
Total Change CN¥- -16.25%

Book Value vs Market Value Analysis

This analysis compares Maanshan 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: 1.27x
  • 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 2.43x to 1.27x 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¥1.59 CN¥3.87 x
1994-12-31 CN¥1.64 CN¥3.87 x
1995-12-31 CN¥1.64 CN¥3.87 x
1996-12-31 CN¥1.64 CN¥3.87 x
1997-12-31 CN¥1.65 CN¥3.87 x
1998-12-31 CN¥1.62 CN¥3.87 x
1999-12-31 CN¥1.84 CN¥3.87 x
2000-12-31 CN¥1.84 CN¥3.87 x
2001-12-31 CN¥1.61 CN¥3.87 x
2002-12-31 CN¥1.84 CN¥3.87 x
2003-12-31 CN¥2.32 CN¥3.87 x
2004-12-31 CN¥2.70 CN¥3.87 x
2005-12-31 CN¥2.93 CN¥3.87 x
2006-12-31 CN¥3.10 CN¥3.87 x
2007-12-31 CN¥3.25 CN¥3.87 x
2008-12-31 CN¥3.73 CN¥3.87 x
2009-12-31 CN¥3.44 CN¥3.87 x
2010-12-31 CN¥3.54 CN¥3.87 x
2011-12-31 CN¥3.60 CN¥3.87 x
2012-12-31 CN¥3.00 CN¥3.87 x
2013-12-31 CN¥3.00 CN¥3.87 x
2014-12-31 CN¥3.17 CN¥3.87 x
2015-12-31 CN¥2.40 CN¥3.87 x
2016-12-31 CN¥2.57 CN¥3.87 x
2017-12-31 CN¥3.10 CN¥3.87 x
2018-12-31 CN¥3.66 CN¥3.87 x
2019-12-31 CN¥3.50 CN¥3.87 x
2020-12-31 CN¥3.69 CN¥3.87 x
2021-12-31 CN¥4.25 CN¥3.87 x
2022-12-31 CN¥3.79 CN¥3.87 x
2023-12-31 CN¥3.61 CN¥3.87 x
2024-12-31 CN¥3.04 CN¥3.87 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Maanshan 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): -20.03%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -5.69%
  • • Asset Turnover: 1.04x
  • • Equity Multiplier: 3.40x
  • Recent ROE (-20.03%) is below the historical average (3.43%), 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 7.56% 20.31% 0.25x 1.47x CN¥-250.61 Million
1994 7.08% 12.30% 0.34x 1.70x CN¥-309.22 Million
1995 0.41% 0.69% 0.35x 1.68x CN¥-1.01 Billion
1996 0.77% 1.20% 0.38x 1.70x CN¥-976.99 Million
1997 0.58% 0.93% 0.37x 1.68x CN¥-1.00 Billion
1998 -1.60% -2.61% 0.36x 1.70x CN¥-1.22 Billion
1999 0.11% 0.20% 0.39x 1.46x CN¥-1.17 Billion
2000 1.48% 2.15% 0.49x 1.42x CN¥-1.01 Billion
2001 2.00% 2.18% 0.57x 1.61x CN¥-831.95 Million
2002 3.24% 3.50% 0.64x 1.44x CN¥-801.84 Million
2003 18.67% 17.74% 0.60x 1.76x CN¥1.30 Billion
2004 20.51% 13.36% 0.85x 1.80x CN¥1.83 Billion
2005 15.08% 8.88% 0.83x 2.06x CN¥959.45 Million
2006 11.31% 6.43% 0.65x 2.73x CN¥264.38 Million
2007 10.76% 4.89% 0.71x 3.09x CN¥174.48 Million
2008 2.73% 1.00% 1.08x 2.54x CN¥-1.89 Billion
2009 1.48% 0.76% 0.76x 2.57x CN¥-2.25 Billion
2010 4.04% 1.70% 0.93x 2.57x CN¥-1.63 Billion
2011 0.31% 0.09% 1.07x 3.01x CN¥-2.61 Billion
2012 -16.70% -5.19% 0.98x 3.29x CN¥-6.18 Billion
2013 0.68% 0.21% 1.04x 3.08x CN¥-2.16 Billion
2014 0.95% 0.37% 0.87x 2.94x CN¥-2.11 Billion
2015 -26.03% -10.65% 0.72x 3.38x CN¥-6.65 Billion
2016 6.22% 2.55% 0.73x 3.35x CN¥-747.52 Million
2017 17.28% 5.64% 1.01x 3.02x CN¥1.74 Billion
2018 21.10% 7.25% 1.07x 2.73x CN¥3.13 Billion
2019 4.19% 1.44% 0.91x 3.21x CN¥-1.57 Billion
2020 6.98% 2.43% 1.01x 2.84x CN¥-855.97 Million
2021 16.28% 4.68% 1.25x 2.78x CN¥2.06 Billion
2022 -2.94% -0.84% 1.05x 3.32x CN¥-3.78 Billion
2023 -4.78% -1.34% 1.17x 3.04x CN¥-4.10 Billion
2024 -20.03% -5.69% 1.04x 3.40x CN¥-6.98 Billion

Industry Comparison

This section compares Maanshan Iron & Steel Co Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $17,768,436,185
  • Average return on equity (ROE) among peers: 14.87%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Maanshan Iron & Steel Co Ltd (600808) CN¥32.82 Billion 7.56% 1.54x $3.38 Billion
CITIC Pacific Special Steel Group Co Ltd (000708) $640.60 Million 16.68% 2.31x $11.26 Billion
HBIS Co Ltd (000709) $58.95 Billion 6.15% 2.54x $3.52 Billion
Sgis Songshan Co Ltd (000717) $4.68 Billion -24.33% 4.21x $879.62 Million
Bengang Steel Plates Co Ltd (000761) $23.07 Billion 10.84% 1.39x $1.60 Billion
Xinxing Ductile Iron Pipes Co Ltd (000778) $231.59 Million 75.72% 1.90x $2.67 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825) $13.88 Billion 17.60% 1.94x $3.54 Billion
Jiangsu Fasten Co Ltd (000890) $143.07 Million 7.99% 9.80x $961.31 Million
Angang Steel Co Ltd Class A (000898) $53.10 Billion 5.63% 0.74x $2.67 Billion
Hunan Valin Steel Co Ltd (000932) $14.58 Billion 28.26% 4.14x $4.69 Billion
Beijing Shougang Co Ltd (000959) $8.40 Billion 4.16% 1.09x $5.17 Billion

About Maanshan Iron & Steel Co Ltd

SHG:600808 China Steel
Market Cap
$3.38 Billion
CN¥23.10 Billion CNY
Market Cap Rank
#4593 Global
#840 in China
Share Price
CN¥3.87
Change (1 day)
-0.77%
52-Week Range
CN¥2.95 - CN¥4.44
All Time High
CN¥6.19
Categories
Companies in China Steel
About

Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. It provides steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products, such as H-shaped steel and medium-shaped steel; high-… Read more