Liuzhou Iron & Steel Co Ltd
Liuzhou Iron and Steel Co., Ltd. produces and sells iron and steel products. It offers carbon steel plate; profiles; plates; billets; chemical products; gas; low alloy steel plate; steel plates without trimming; steel plates for molds; ship plates; boiler and pressure vessel plates; bridge plates; steel plate; pipeline steel; automotive girder plate; high-rise buildings; steel plates for automobi… Read more
Liuzhou Iron & Steel Co Ltd (601003) - Net Assets
Latest net assets as of September 2025: CN¥22.07 Billion CNY
Based on the latest financial reports, Liuzhou Iron & Steel Co Ltd (601003) has net assets worth CN¥22.07 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¥63.72 Billion) and total liabilities (CN¥41.65 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¥22.07 Billion |
| % of Total Assets | 34.64% |
| Annual Growth Rate | 14.06% |
| 5-Year Change | -16.94% |
| 10-Year Change | 365.67% |
| Growth Volatility | 32.24 |
Liuzhou Iron & Steel Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Liuzhou 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 Liuzhou Iron & Steel Co Ltd (2003–2024)
The table below shows the annual net assets of Liuzhou Iron & Steel Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥20.67 Billion | -2.82% |
| 2023-12-31 | CN¥21.27 Billion | -5.74% |
| 2022-12-31 | CN¥22.56 Billion | -15.06% |
| 2021-12-31 | CN¥26.56 Billion | +6.76% |
| 2020-12-31 | CN¥24.88 Billion | +119.36% |
| 2019-12-31 | CN¥11.34 Billion | +7.74% |
| 2018-12-31 | CN¥10.53 Billion | +46.25% |
| 2017-12-31 | CN¥7.20 Billion | +55.33% |
| 2016-12-31 | CN¥4.63 Billion | +4.43% |
| 2015-12-31 | CN¥4.44 Billion | -22.14% |
| 2014-12-31 | CN¥5.70 Billion | +1.61% |
| 2013-12-31 | CN¥5.61 Billion | +3.95% |
| 2012-12-31 | CN¥5.40 Billion | +2.42% |
| 2011-12-31 | CN¥5.27 Billion | -0.40% |
| 2010-12-31 | CN¥5.29 Billion | +5.31% |
| 2009-12-31 | CN¥5.02 Billion | +5.69% |
| 2008-12-31 | CN¥4.75 Billion | -5.36% |
| 2007-12-31 | CN¥5.02 Billion | +62.88% |
| 2006-12-31 | CN¥3.08 Billion | +30.22% |
| 2005-12-31 | CN¥2.37 Billion | +19.16% |
| 2004-12-31 | CN¥1.99 Billion | +52.32% |
| 2003-12-31 | CN¥1.30 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Liuzhou 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 455.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.49 Billion | 41.73% |
| Common Stock | CN¥2.56 Billion | 30.61% |
| Other Comprehensive Income | CN¥2.22 Billion | 26.46% |
| Other Components | CN¥100.01 Million | 1.19% |
| Total Equity | CN¥8.37 Billion | 100.00% |
Liuzhou Iron & Steel Co Ltd Competitors by Market Cap
The table below lists competitors of Liuzhou Iron & Steel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FREY EO 250
F:943
|
$303.76 Million |
|
Shandong Yabo Technology Co Ltd
SHE:002323
|
$303.78 Million |
|
Wereldhav B-Sicafi
BR:WEHB
|
$304.03 Million |
|
Cemindia Projects Limited
NSE:CEMPRO
|
$304.04 Million |
|
MCLON JEWELLERY Co.Ltd.
SHE:300945
|
$303.73 Million |
|
Verano Holdings Corp Ordinary Shares - Class A (Sub Voting)
NEO:VRNO
|
$303.72 Million |
|
ATEX Resources Inc
PINK:ECRTF
|
$303.71 Million |
|
PT Bank Sinarmas Tbk
F:08S
|
$303.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Liuzhou Iron & Steel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,811,206,248 to 8,372,654,129, a change of -438,552,119 (-5.0%).
- Net loss of 432,843,534 reduced equity.
- Dividend payments of 1,164,899,514 reduced retained earnings.
- Other comprehensive income decreased equity by 5,708,585.
- Other factors increased equity by 1,164,899,514.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-432.84 Million | -5.17% |
| Dividends Paid | CN¥1.16 Billion | -13.91% |
| Other Comprehensive Income | CN¥-5.71 Million | -0.07% |
| Other Changes | CN¥1.16 Billion | +13.91% |
| Total Change | CN¥- | -4.98% |
Book Value vs Market Value Analysis
This analysis compares Liuzhou 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: 1.63x
- 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 10.53x to 1.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.51 | CN¥5.36 | x |
| 2004-12-31 | CN¥0.78 | CN¥5.36 | x |
| 2005-12-31 | CN¥1.09 | CN¥5.36 | x |
| 2006-12-31 | CN¥1.42 | CN¥5.36 | x |
| 2007-12-31 | CN¥1.98 | CN¥5.36 | x |
| 2008-12-31 | CN¥1.87 | CN¥5.36 | x |
| 2009-12-31 | CN¥1.96 | CN¥5.36 | x |
| 2010-12-31 | CN¥2.06 | CN¥5.36 | x |
| 2011-12-31 | CN¥2.06 | CN¥5.36 | x |
| 2012-12-31 | CN¥2.10 | CN¥5.36 | x |
| 2013-12-31 | CN¥2.19 | CN¥5.36 | x |
| 2014-12-31 | CN¥2.22 | CN¥5.36 | x |
| 2015-12-31 | CN¥1.73 | CN¥5.36 | x |
| 2016-12-31 | CN¥1.81 | CN¥5.36 | x |
| 2017-12-31 | CN¥2.81 | CN¥5.36 | x |
| 2018-12-31 | CN¥4.11 | CN¥5.36 | x |
| 2019-12-31 | CN¥4.43 | CN¥5.36 | x |
| 2020-12-31 | CN¥4.59 | CN¥5.36 | x |
| 2021-12-31 | CN¥4.91 | CN¥5.36 | x |
| 2022-12-31 | CN¥3.83 | CN¥5.36 | x |
| 2023-12-31 | CN¥3.40 | CN¥5.36 | x |
| 2024-12-31 | CN¥3.29 | CN¥5.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Liuzhou 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): -5.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.62%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 7.72x
- Recent ROE (-5.17%) is below the historical average (11.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 53.39% | 12.60% | 1.94x | 2.19x | CN¥566.01 Million |
| 2004 | 46.53% | 9.87% | 1.90x | 2.48x | CN¥725.70 Million |
| 2005 | 21.60% | 4.06% | 1.77x | 3.00x | CN¥274.74 Million |
| 2006 | 24.58% | 4.64% | 1.89x | 2.81x | CN¥449.41 Million |
| 2007 | 19.89% | 4.82% | 1.50x | 2.74x | CN¥496.63 Million |
| 2008 | 0.33% | 0.05% | 2.13x | 2.89x | CN¥-459.75 Million |
| 2009 | 5.38% | 1.02% | 1.78x | 2.98x | CN¥-232.07 Million |
| 2010 | 11.93% | 1.70% | 2.00x | 3.50x | CN¥102.19 Million |
| 2011 | 6.88% | 0.85% | 2.21x | 3.64x | CN¥-164.62 Million |
| 2012 | 2.27% | 0.33% | 1.65x | 4.18x | CN¥-417.04 Million |
| 2013 | 3.86% | 0.59% | 1.55x | 4.23x | CN¥-344.26 Million |
| 2014 | 2.96% | 0.47% | 1.42x | 4.39x | CN¥-401.29 Million |
| 2015 | -26.80% | -4.59% | 1.15x | 5.10x | CN¥-1.63 Billion |
| 2016 | 4.24% | 0.74% | 1.28x | 4.49x | CN¥-267.05 Million |
| 2017 | 36.76% | 6.37% | 1.80x | 3.21x | CN¥1.93 Billion |
| 2018 | 43.78% | 9.74% | 1.90x | 2.37x | CN¥3.56 Billion |
| 2019 | 20.65% | 4.82% | 1.84x | 2.33x | CN¥1.21 Billion |
| 2020 | 14.60% | 3.14% | 0.90x | 5.15x | CN¥541.60 Million |
| 2021 | 11.50% | 1.56% | 1.28x | 5.77x | CN¥188.87 Million |
| 2022 | -23.86% | -2.90% | 1.13x | 7.28x | CN¥-3.32 Billion |
| 2023 | -11.49% | -1.27% | 1.16x | 7.78x | CN¥-1.89 Billion |
| 2024 | -5.17% | -0.62% | 1.08x | 7.72x | CN¥-1.27 Billion |
Industry Comparison
This section compares Liuzhou 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 |
|---|---|---|---|---|
| Liuzhou Iron & Steel Co Ltd (601003) | CN¥22.07 Billion | 53.39% | 1.89x | $303.74 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 |