China Steel Chemical Corp Net Assets
China Steel Chemical Corp net assets. Based on the latest financial reports, China Steel Chemical Corp (1723) has net assets worth NT$8.01 Billion TWD (≈ $252.50 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$11.80 Billion ≈ $371.66 Million USD) and total liabilities (NT$3.78 Billion ≈ $119.16 Million 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 net asset momentum of China Steel Chemical Corp to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | NT$8.01 Billion |
| % of Total Assets | 67.94% |
| Annual Growth Rate | 5.2% |
| 5-Year Change | 2.63% |
| 10-Year Change | 14.46% |
| Growth Volatility | 7.68 |
Net Assets of China Steel Chemical Corp (2000–2025)
Net assets of China Steel Chemical Corp from 2000 to 2025. This chart illustrates how China Steel Chemical Corp's net assets have evolved over time, based on quarterly financial data. See China Steel Chemical Corp net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for China Steel Chemical Corp (2000–2025)
The table below shows the annual net assets of China Steel Chemical Corp from 2000 to 2025. For live market cap and overall valuation, see 1723 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | NT$7.82 Billion ≈ $246.32 Million |
-4.85% |
| 2024-12-31 | NT$8.22 Billion ≈ $258.87 Million |
+0.03% |
| 2023-12-31 | NT$8.21 Billion ≈ $258.80 Million |
+1.72% |
| 2022-12-31 | NT$8.08 Billion ≈ $254.42 Million |
+6.01% |
| 2021-12-31 | NT$7.62 Billion ≈ $240.01 Million |
+11.86% |
| 2020-12-31 | NT$6.81 Billion ≈ $214.57 Million |
-7.45% |
| 2019-12-31 | NT$7.36 Billion ≈ $231.84 Million |
+0.04% |
| 2018-12-31 | NT$7.36 Billion ≈ $231.74 Million |
+7.02% |
| 2017-12-31 | NT$6.87 Billion ≈ $216.54 Million |
+0.62% |
| 2016-12-31 | NT$6.83 Billion ≈ $215.20 Million |
+6.07% |
| 2015-12-31 | NT$6.44 Billion ≈ $202.89 Million |
-15.22% |
| 2014-12-31 | NT$7.60 Billion ≈ $239.32 Million |
+6.28% |
| 2013-12-31 | NT$7.15 Billion ≈ $225.18 Million |
+9.50% |
| 2012-12-31 | NT$6.53 Billion ≈ $205.65 Million |
+2.03% |
| 2011-12-31 | NT$6.40 Billion ≈ $201.55 Million |
+10.71% |
| 2010-12-31 | NT$5.78 Billion ≈ $182.05 Million |
+12.17% |
| 2009-12-31 | NT$5.15 Billion ≈ $162.31 Million |
+11.66% |
| 2008-12-31 | NT$4.61 Billion ≈ $145.35 Million |
-2.06% |
| 2007-12-31 | NT$4.71 Billion ≈ $148.41 Million |
+14.28% |
| 2006-12-31 | NT$4.12 Billion ≈ $129.87 Million |
+13.66% |
| 2005-12-31 | NT$3.63 Billion ≈ $114.26 Million |
+6.17% |
| 2004-12-31 | NT$3.42 Billion ≈ $107.62 Million |
+13.76% |
| 2003-12-31 | NT$3.00 Billion ≈ $94.60 Million |
+16.22% |
| 2002-12-31 | NT$2.58 Billion ≈ $81.40 Million |
+1.85% |
| 2001-12-31 | NT$2.54 Billion ≈ $79.92 Million |
+15.21% |
| 2000-12-31 | NT$2.20 Billion ≈ $69.37 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to China Steel Chemical Corp'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 110.5% over the analyzed period, indicating profitable operations and earnings retention.
China Steel Chemical Corp Net Assets Breakdown (December 2025)
China Steel Chemical Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$1.50 Billion | 19.17% |
| Common Stock | NT$2.37 Billion | 30.30% |
| Other Comprehensive Income | NT$3.10 Billion | 39.69% |
| Other Components | NT$847.20 Million | 10.84% |
| Total Equity | NT$7.82 Billion | 100.00% |
China Steel Chemical Corp Competitors by Market Cap
The table below lists competitors of China Steel Chemical Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MK Restaurant Group Public Company Limited
BK:M
|
$566.12 Million |
|
LifeSemantics Corp.
KQ:347700
|
$566.22 Million |
|
Rio2 Ltd
V:RIO
|
$566.25 Million |
|
Minami Acoustics Ltd. A
SHE:301383
|
$566.27 Million |
|
Cubic Sensor and Instrument Co Ltd
SHG:688665
|
$566.10 Million |
|
Chongqing QinAn M&E PLC
SHG:603758
|
$565.97 Million |
|
Idaho Strategic Resources Inc
NYSE MKT:IDR
|
$565.54 Million |
|
Bestore Co Ltd
SHG:603719
|
$565.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Steel Chemical Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,216,596,000 to 7,818,279,000, a change of -398,317,000 (-4.8%).
- Net income of 615,824,000 contributed positively to equity growth.
- Dividend payments of 1,044,680,000 reduced retained earnings.
- Other comprehensive income increased equity by 137,402,000.
- Other factors decreased equity by 106,863,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$615.82 Million | +7.88% |
| Dividends Paid | NT$1.04 Billion | -13.36% |
| Other Comprehensive Income | NT$137.40 Million | +1.76% |
| Other Changes | NT$-106.86 Million | -1.37% |
| Total Change | NT$- | -4.85% |
Book Value vs Market Value Analysis
This analysis compares China Steel Chemical Corp'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: 2.30x
- 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 4.28x to 2.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$18.10 | NT$77.40 | x |
| 2007-12-31 | NT$20.48 | NT$77.40 | x |
| 2008-12-31 | NT$19.89 | NT$77.40 | x |
| 2009-12-31 | NT$22.26 | NT$77.40 | x |
| 2010-12-31 | NT$25.00 | NT$77.40 | x |
| 2011-12-31 | NT$27.01 | NT$77.40 | x |
| 2012-12-31 | NT$27.57 | NT$77.40 | x |
| 2013-12-31 | NT$30.23 | NT$77.40 | x |
| 2014-12-31 | NT$32.21 | NT$77.40 | x |
| 2015-12-31 | NT$27.79 | NT$77.40 | x |
| 2016-12-31 | NT$27.98 | NT$77.40 | x |
| 2017-12-31 | NT$28.07 | NT$77.40 | x |
| 2018-12-31 | NT$30.03 | NT$77.40 | x |
| 2019-12-31 | NT$30.04 | NT$77.40 | x |
| 2020-12-31 | NT$28.09 | NT$77.40 | x |
| 2021-12-31 | NT$31.60 | NT$77.40 | x |
| 2022-12-31 | NT$34.32 | NT$77.40 | x |
| 2023-12-31 | NT$35.29 | NT$77.40 | x |
| 2024-12-31 | NT$35.30 | NT$77.40 | x |
| 2025-12-31 | NT$33.64 | NT$77.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Steel Chemical Corp 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): 7.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.59%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.46x
- Recent ROE (7.88%) is below the historical average (23.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 25.78% | 19.65% | 1.03x | 1.28x | NT$347.50 Million |
| 2001 | 20.14% | 20.64% | 0.56x | 1.75x | NT$257.25 Million |
| 2002 | 21.58% | 21.03% | 0.59x | 1.75x | NT$299.09 Million |
| 2003 | 28.22% | 29.33% | 0.49x | 1.95x | NT$547.05 Million |
| 2004 | 32.38% | 28.12% | 0.68x | 1.69x | NT$764.59 Million |
| 2005 | 29.18% | 24.58% | 0.90x | 1.32x | NT$695.03 Million |
| 2006 | 29.53% | 22.46% | 1.13x | 1.17x | NT$804.55 Million |
| 2007 | 30.81% | 20.04% | 1.29x | 1.19x | NT$979.75 Million |
| 2008 | 31.32% | 16.82% | 1.57x | 1.19x | NT$983.19 Million |
| 2009 | 25.19% | 23.87% | 0.92x | 1.15x | NT$782.61 Million |
| 2010 | 33.13% | 22.83% | 1.21x | 1.20x | NT$1.34 Billion |
| 2011 | 35.95% | 24.79% | 1.19x | 1.21x | NT$1.62 Billion |
| 2012 | 30.95% | 23.74% | 1.11x | 1.17x | NT$1.34 Billion |
| 2013 | 31.63% | 25.06% | 1.07x | 1.18x | NT$1.51 Billion |
| 2014 | 29.38% | 24.56% | 1.03x | 1.17x | NT$1.44 Billion |
| 2015 | 19.24% | 21.60% | 0.72x | 1.24x | NT$595.06 Million |
| 2016 | 15.86% | 20.04% | 0.54x | 1.47x | NT$380.89 Million |
| 2017 | 17.78% | 18.58% | 0.56x | 1.72x | NT$507.68 Million |
| 2018 | 21.59% | 17.62% | 0.73x | 1.68x | NT$809.93 Million |
| 2019 | 18.49% | 17.14% | 0.62x | 1.73x | NT$593.61 Million |
| 2020 | 10.97% | 13.37% | 0.46x | 1.78x | NT$63.47 Million |
| 2021 | 14.94% | 13.76% | 0.68x | 1.60x | NT$363.28 Million |
| 2022 | 21.30% | 16.28% | 0.93x | 1.40x | NT$903.36 Million |
| 2023 | 17.48% | 17.26% | 0.73x | 1.39x | NT$614.36 Million |
| 2024 | 14.68% | 15.77% | 0.67x | 1.40x | NT$384.54 Million |
| 2025 | 7.88% | 10.59% | 0.51x | 1.46x | NT$-166.00 Million |
Industry Comparison
This section compares China Steel Chemical Corp's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $35,321,542,400
- Average return on equity (ROE) among peers: 7.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Steel Chemical Corp (1723) | NT$8.01 Billion | 25.78% | 0.47x | $566.10 Million |
| Taiwan Styrene Monomer Corp (1310) | $7.52 Billion | -5.07% | 0.33x | $2.57K |
| Grand Pacific Petrochemical Corp (1312) | $11.90 Billion | 9.97% | 1.34x | $633.68 Million |
| Grand Pacific Petrochemical Corp Pref (1312A) | $20.85 Billion | 11.52% | 0.20x | $13.15 Million |
| UPC Technology Corp (1313) | $9.64 Billion | 4.58% | 0.60x | $475.89 Million |
| Formosa Chemicals & Fibre Corp (1326) | $267.87 Billion | 17.80% | 0.57x | $12.60 Billion |
| Sesoda Corp (1708) | $2.70 Billion | 3.96% | 0.49x | $364.00 Million |
| Formosan Union Chemical Corp (1709) | $7.49 Billion | 11.33% | 0.38x | $661.26 Million |
| Oriental Union Chemical Corp (1710) | $8.24 Billion | 19.67% | 0.26x | $447.62 Million |
| Ho Tung Chemical Corp (1714) | $16.25 Billion | 3.69% | 0.39x | $510.32 Million |
| Sunko Ink Co Ltd (1721) | $769.52 Million | -1.45% | 1.26x | $117.66 Million |
About China Steel Chemical Corp
China Steel Chemical Corporation, together with its subsidiaries, engages in the production, processing, and sale of coal tar distillation, light oil, coke, and refined carbon material products in Taiwan, China, Australia, and internationally. The company offers coal chemicals, including coal and special tar pitches; creosote oils and refined tars; refined naphthalene mothball and chemical grades… Read more