Guizhou Wire Rope Co Ltd

SHG:600992 China Steel
Market Cap
$444.94 Million
CN¥3.26 Billion CNY
Market Cap Rank
#12271 Global
#3011 in China
Share Price
CN¥13.32
Change (1 day)
-0.75%
52-Week Range
CN¥12.45 - CN¥16.62
All Time High
CN¥38.73
Categories
Companies in China Steel
About

Guizhou Wire Rope Incorporated Company researches, produces, processes, and sells steel wire ropes and strands, and related materials and equipment under the Julong brand in China and internationally. The company offers bridge cables; single, four-strand, multi-layer, special-shaped, compacted strand, point contact, parallel twisting, thick diameter, sealed, elevator, flat wire; with, and conveyo… Read more

Guizhou Wire Rope Co Ltd (600992) - Net Assets

Latest net assets as of September 2025: CN¥1.50 Billion CNY

Based on the latest financial reports, Guizhou Wire Rope Co Ltd (600992) has net assets worth CN¥1.50 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¥3.42 Billion) and total liabilities (CN¥1.92 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¥1.50 Billion
% of Total Assets 43.94%
Annual Growth Rate 9.28%
5-Year Change 0.95%
10-Year Change 8.08%
Growth Volatility 49.17

Guizhou Wire Rope Co Ltd - Net Assets Trend (2001–2024)

This chart illustrates how Guizhou Wire Rope 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 Guizhou Wire Rope Co Ltd (2001–2024)

The table below shows the annual net assets of Guizhou Wire Rope Co Ltd from 2001 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.45 Billion -3.11%
2023-12-31 CN¥1.50 Billion +1.65%
2022-12-31 CN¥1.48 Billion +0.96%
2021-12-31 CN¥1.46 Billion +1.53%
2020-12-31 CN¥1.44 Billion +1.90%
2019-12-31 CN¥1.41 Billion +1.53%
2018-12-31 CN¥1.39 Billion +1.33%
2017-12-31 CN¥1.37 Billion +1.09%
2016-12-31 CN¥1.36 Billion +1.02%
2015-12-31 CN¥1.35 Billion +0.82%
2014-12-31 CN¥1.33 Billion +0.98%
2013-12-31 CN¥1.32 Billion +52.94%
2012-12-31 CN¥864.18 Million +0.40%
2011-12-31 CN¥860.76 Million +1.92%
2010-12-31 CN¥844.54 Million +2.60%
2009-12-31 CN¥823.12 Million +2.43%
2008-12-31 CN¥803.61 Million +2.99%
2007-12-31 CN¥780.26 Million +6.43%
2006-12-31 CN¥733.13 Million +1.00%
2005-12-31 CN¥725.86 Million +1.45%
2004-12-31 CN¥715.49 Million +239.67%
2003-12-31 CN¥210.64 Million +3.21%
2002-12-31 CN¥204.09 Million +7.94%
2001-12-31 CN¥189.08 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guizhou Wire Rope 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 2378.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥283.63 Million 19.50%
Common Stock CN¥245.09 Million 16.85%
Other Comprehensive Income CN¥85.32 Million 5.87%
Other Components CN¥840.36 Million 57.78%
Total Equity CN¥1.45 Billion 100.00%

Guizhou Wire Rope Co Ltd Competitors by Market Cap

The table below lists competitors of Guizhou Wire Rope Co Ltd ranked by their market capitalization.

Company Market Cap
Overstock.com Inc.
LSE:0KDU
 		$336.94 Million
Clevo Co
TW:2362
 		$336.97 Million
Jinling Pharmaceutical Co Ltd
SHE:000919
 		$336.98 Million
LYDIA HOLDING A.S.
IS:LYDHO
 		$337.08 Million
Elemental Royalty Corporation Common Stock
NASDAQ:ELE
 		$336.88 Million
Zhejiang Tiancheng Control Co
SHG:603085
 		$336.86 Million
Nuvoco Vistas Corporation Limited
NSE:NUVOCO
 		$336.86 Million
Shenzhen Xinhao Photoelectricity Technology Co. Ltd
SHE:301051
 		$336.85 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guizhou Wire Rope Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,501,104,268 to 1,454,403,455, a change of -46,700,813 (-3.1%).
  • Net loss of 32,657,663 reduced equity.
  • Dividend payments of 38,303,023 reduced retained earnings.
  • Other comprehensive income increased equity by 85,323,628.
  • Other factors decreased equity by 61,063,755.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-32.66 Million -2.25%
Dividends Paid CN¥38.30 Million -2.63%
Other Comprehensive Income CN¥85.32 Million +5.87%
Other Changes CN¥-61.06 Million -4.2%
Total Change CN¥- -3.11%

Book Value vs Market Value Analysis

This analysis compares Guizhou Wire Rope 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: 2.25x
  • 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 11.58x to 2.25x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CN¥1.15 CN¥13.32 x
2002-12-31 CN¥1.24 CN¥13.32 x
2003-12-31 CN¥1.28 CN¥13.32 x
2004-12-31 CN¥4.35 CN¥13.32 x
2005-12-31 CN¥4.41 CN¥13.32 x
2006-12-31 CN¥4.46 CN¥13.32 x
2007-12-31 CN¥4.75 CN¥13.32 x
2008-12-31 CN¥4.89 CN¥13.32 x
2009-12-31 CN¥5.02 CN¥13.32 x
2010-12-31 CN¥5.14 CN¥13.32 x
2011-12-31 CN¥5.24 CN¥13.32 x
2012-12-31 CN¥5.26 CN¥13.32 x
2013-12-31 CN¥8.04 CN¥13.32 x
2014-12-31 CN¥5.44 CN¥13.32 x
2015-12-31 CN¥5.49 CN¥13.32 x
2016-12-31 CN¥5.54 CN¥13.32 x
2017-12-31 CN¥5.61 CN¥13.32 x
2018-12-31 CN¥5.68 CN¥13.32 x
2019-12-31 CN¥5.77 CN¥13.32 x
2020-12-31 CN¥5.88 CN¥13.32 x
2021-12-31 CN¥5.97 CN¥13.32 x
2022-12-31 CN¥6.03 CN¥13.32 x
2023-12-31 CN¥6.13 CN¥13.32 x
2024-12-31 CN¥5.93 CN¥13.32 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guizhou Wire Rope 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): -2.25%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.52%
  • • Asset Turnover: 0.65x
  • • Equity Multiplier: 2.26x
  • Recent ROE (-2.25%) is below the historical average (4.94%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 21.18% 8.79% 1.01x 2.38x CN¥21.14 Million
2002 20.13% 8.75% 1.05x 2.19x CN¥20.67 Million
2003 19.68% 7.59% 1.12x 2.31x CN¥20.40 Million
2004 6.04% 5.76% 0.70x 1.50x CN¥-28.33 Million
2005 5.96% 5.10% 0.78x 1.49x CN¥-29.34 Million
2006 6.17% 4.92% 0.83x 1.51x CN¥-28.07 Million
2007 5.87% 4.40% 0.82x 1.62x CN¥-32.19 Million
2008 4.13% 2.49% 1.08x 1.54x CN¥-47.15 Million
2009 3.57% 2.45% 0.92x 1.58x CN¥-52.94 Million
2010 3.70% 2.34% 0.99x 1.60x CN¥-53.17 Million
2011 3.03% 1.76% 1.05x 1.64x CN¥-60.00 Million
2012 1.92% 1.06% 1.06x 1.70x CN¥-69.84 Million
2013 1.53% 1.05% 1.01x 1.45x CN¥-112.00 Million
2014 1.52% 1.10% 0.90x 1.54x CN¥-113.17 Million
2015 1.36% 1.23% 0.76x 1.47x CN¥-116.21 Million
2016 1.55% 1.49% 0.65x 1.60x CN¥-114.90 Million
2017 1.61% 1.22% 0.81x 1.64x CN¥-115.23 Million
2018 1.84% 1.23% 0.85x 1.74x CN¥-113.63 Million
2019 2.07% 1.33% 0.82x 1.89x CN¥-112.18 Million
2020 2.10% 1.42% 0.72x 2.05x CN¥-113.88 Million
2021 2.12% 1.23% 0.77x 2.26x CN¥-115.25 Million
2022 1.55% 0.96% 0.71x 2.26x CN¥-124.84 Million
2023 2.26% 1.55% 0.65x 2.23x CN¥-116.22 Million
2024 -2.25% -1.52% 0.65x 2.26x CN¥-178.10 Million

Industry Comparison

This section compares Guizhou Wire Rope 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
Guizhou Wire Rope Co Ltd (600992) CN¥1.50 Billion 21.18% 1.28x $336.94 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