Chongqing Iron & Steel Co Ltd Class A

SHG:601005 China Steel
Market Cap
$1.80 Billion
CN¥13.22 Billion CNY
Market Cap Rank
#6539 Global
#1004 in China
Share Price
CN¥1.59
Change (1 day)
+0.63%
52-Week Range
CN¥1.20 - CN¥1.65
All Time High
CN¥3.66
Categories
Companies in China Steel
About

Chongqing Iron & Steel Company Limited, together with its subsidiaries, engages in the production and sale of steel plates in the People's Republic of China. It offers wide and thick plates, including boiler and pressure vessel steel plates, steel plates, carbon structural steel plates, and value-added steel plates; hot-rolled thin plates, raw material coils, and hot-rolled strip products; rebars… Read more

Chongqing Iron & Steel Co Ltd Class A (601005) - Net Assets

Latest net assets as of September 2025: CN¥16.41 Billion CNY

Based on the latest financial reports, Chongqing Iron & Steel Co Ltd Class A (601005) has net assets worth CN¥16.41 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¥35.08 Billion) and total liabilities (CN¥18.67 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¥16.41 Billion
% of Total Assets 46.78%
Annual Growth Rate 8.18%
5-Year Change -17.13%
10-Year Change 314.32%
Growth Volatility 42.19

Chongqing Iron & Steel Co Ltd Class A - Net Assets Trend (2003–2024)

This chart illustrates how Chongqing Iron & Steel Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Chongqing Iron & Steel Co Ltd Class A (2003–2024)

The table below shows the annual net assets of Chongqing Iron & Steel Co Ltd Class A from 2003 to 2024.

Year Net Assets Change
2024-12-31 CN¥16.61 Billion -16.36%
2023-12-31 CN¥19.85 Billion -6.97%
2022-12-31 CN¥21.34 Billion -4.62%
2021-12-31 CN¥22.38 Billion +11.66%
2020-12-31 CN¥20.04 Billion +3.31%
2019-12-31 CN¥19.40 Billion +4.66%
2018-12-31 CN¥18.53 Billion +10.28%
2017-12-31 CN¥16.80 Billion +15741.20%
2016-12-31 CN¥-107.43 Million -102.68%
2015-12-31 CN¥4.01 Billion -59.89%
2014-12-31 CN¥9.99 Billion +0.57%
2013-12-31 CN¥9.94 Billion +136.97%
2012-12-31 CN¥4.19 Billion -1.14%
2011-12-31 CN¥4.24 Billion -25.61%
2010-12-31 CN¥5.70 Billion +2.63%
2009-12-31 CN¥5.56 Billion -1.58%
2008-12-31 CN¥5.64 Billion +8.14%
2007-12-31 CN¥5.22 Billion +30.78%
2006-12-31 CN¥3.99 Billion +1.61%
2005-12-31 CN¥3.93 Billion +2.61%
2004-12-31 CN¥3.83 Billion +20.27%
2003-12-31 CN¥3.18 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Chongqing Iron & Steel Co Ltd Class A'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 1015.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥8.92 Billion 53.71%
Other Comprehensive Income CN¥19.32 Billion 116.31%
Other Components CN¥537.92 Million 3.24%
Total Equity CN¥16.61 Billion 100.00%

Chongqing Iron & Steel Co Ltd Class A Competitors by Market Cap

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

Company Market Cap
KEYMED BIOSCIENCES -0001
F:64Z
 		$1.22 Billion
Quidel Corporation
NASDAQ:QDEL
 		$1.22 Billion
Hoshizaki Corporation
PINK:HSHZY
 		$1.22 Billion
STOKE THERAPEUT.DL-001
F:0GT
 		$1.22 Billion
Bank of Maharashtra
NSE:MAHABANK
 		$1.22 Billion
Sandy Spring Bancorp Inc
NASDAQ:SASR
 		$1.21 Billion
STORSKOGEN GROUP AB SER.B
F:0VK
 		$1.21 Billion
Chengdu Xingrong Investment Co Ltd
SHE:000598
 		$1.21 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 19,854,330,951 to 16,606,635,984, a change of -3,247,694,967 (-16.4%).
  • Net loss of 3,195,561,481 reduced equity.
  • Dividend payments of 154,962,406 reduced retained earnings.
  • Share repurchases of 69,760,540 reduced equity.
  • Other comprehensive income increased equity by 17,864,735,151.
  • Other factors decreased equity by 17,692,145,691.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-3.20 Billion -19.24%
Dividends Paid CN¥154.96 Million -0.93%
Share Repurchases CN¥69.76 Million -0.42%
Other Comprehensive Income CN¥17.86 Billion +107.58%
Other Changes CN¥-17.69 Billion -106.54%
Total Change CN¥- -16.36%

Book Value vs Market Value Analysis

This analysis compares Chongqing Iron & Steel Co Ltd Class A'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: 0.85x
  • 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 increased from 0.70x to 0.85x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 CN¥2.28 CN¥1.59 x
2004-12-31 CN¥2.75 CN¥1.59 x
2005-12-31 CN¥2.82 CN¥1.59 x
2006-12-31 CN¥2.86 CN¥1.59 x
2007-12-31 CN¥3.14 CN¥1.59 x
2008-12-31 CN¥3.30 CN¥1.59 x
2009-12-31 CN¥3.04 CN¥1.59 x
2010-12-31 CN¥3.45 CN¥1.59 x
2011-12-31 CN¥2.35 CN¥1.59 x
2012-12-31 CN¥2.41 CN¥1.59 x
2013-12-31 CN¥4.97 CN¥1.59 x
2014-12-31 CN¥1.94 CN¥1.59 x
2015-12-31 CN¥0.90 CN¥1.59 x
2016-12-31 CN¥-0.05 CN¥1.59 x
2017-12-31 CN¥2.09 CN¥1.59 x
2018-12-31 CN¥2.07 CN¥1.59 x
2019-12-31 CN¥2.18 CN¥1.59 x
2020-12-31 CN¥2.26 CN¥1.59 x
2021-12-31 CN¥2.52 CN¥1.59 x
2022-12-31 CN¥2.39 CN¥1.59 x
2023-12-31 CN¥2.23 CN¥1.59 x
2024-12-31 CN¥1.86 CN¥1.59 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chongqing Iron & Steel Co Ltd Class A 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): -19.24%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -11.73%
  • • Asset Turnover: 0.77x
  • • Equity Multiplier: 2.14x
  • Recent ROE (-19.24%) is below the historical average (-5.55%), 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 30.65% 17.39% 0.95x 1.85x CN¥657.23 Million
2004 22.41% 10.03% 1.19x 1.88x CN¥475.20 Million
2005 6.61% 2.93% 1.09x 2.06x CN¥-133.24 Million
2006 7.58% 3.15% 1.09x 2.22x CN¥-96.67 Million
2007 8.61% 3.73% 1.10x 2.10x CN¥-72.75 Million
2008 10.60% 3.62% 1.33x 2.20x CN¥33.80 Million
2009 1.64% 0.86% 0.67x 2.87x CN¥-464.29 Million
2010 0.20% 0.07% 0.74x 4.05x CN¥-544.18 Million
2011 -36.10% -6.25% 0.87x 6.64x CN¥-1.88 Billion
2012 2.37% 0.54% 0.59x 7.45x CN¥-318.58 Million
2013 -25.20% -14.23% 0.37x 4.84x CN¥-3.49 Billion
2014 0.52% 0.42% 0.26x 4.73x CN¥-945.96 Million
2015 -150.10% -71.70% 0.21x 9.83x CN¥-6.39 Billion
2016 0.00% -106.14% 0.12x 0.00x CN¥-4.67 Billion
2017 1.91% 2.42% 0.53x 1.50x CN¥-1.35 Billion
2018 9.65% 7.90% 0.84x 1.45x CN¥-65.26 Million
2019 4.77% 3.94% 0.87x 1.39x CN¥-1.01 Billion
2020 3.19% 2.61% 0.61x 1.99x CN¥-1.37 Billion
2021 10.16% 5.71% 0.93x 1.92x CN¥36.87 Million
2022 -4.78% -2.79% 0.93x 1.84x CN¥-3.15 Billion
2023 -7.53% -3.80% 1.05x 1.88x CN¥-3.48 Billion
2024 -19.24% -11.73% 0.77x 2.14x CN¥-4.86 Billion

Industry Comparison

This section compares Chongqing Iron & Steel Co Ltd Class A'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
Chongqing Iron & Steel Co Ltd Class A (601005) CN¥16.41 Billion 30.65% 1.14x $1.22 Billion
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