China Steel Corp Pref (2002A) - Net Assets

Latest as of December 2025: NT$329.92 Billion TWD ≈ $10.39 Billion USD

Based on the latest financial reports, China Steel Corp Pref (2002A) has net assets worth NT$329.92 Billion TWD (≈ $10.39 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$673.85 Billion ≈ $21.23 Billion USD) and total liabilities (NT$343.93 Billion ≈ $10.84 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. Check tangible equity quality of China Steel Corp Pref to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets NT$329.92 Billion
% of Total Assets 48.96%
Annual Growth Rate 0.28%
5-Year Change -14.74%
10-Year Change 0.1%
Growth Volatility 7.16

China Steel Corp Pref - Net Assets Trend (2015–2025)

This chart illustrates how China Steel Corp Pref's net assets have evolved over time, based on quarterly financial data. See 2002A cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for China Steel Corp Pref (2015–2025)

The table below shows the annual net assets of China Steel Corp Pref from 2015 to 2025. For live valuation and market cap data, see China Steel Corp Pref market cap and net worth.

Year Net Assets Change
2025-12-31 NT$329.92 Billion
≈ $10.39 Billion		 -3.39%
2024-12-31 NT$341.49 Billion
≈ $10.76 Billion		 -0.22%
2023-12-31 NT$342.25 Billion
≈ $10.78 Billion		 -4.09%
2022-12-31 NT$356.85 Billion
≈ $11.24 Billion		 -7.78%
2021-12-31 NT$386.96 Billion
≈ $12.19 Billion		 +19.76%
2020-12-31 NT$323.11 Billion
≈ $10.18 Billion		 -2.74%
2019-12-31 NT$332.21 Billion
≈ $10.47 Billion		 -3.09%
2018-12-31 NT$342.80 Billion
≈ $10.80 Billion		 +3.27%
2017-12-31 NT$331.95 Billion
≈ $10.46 Billion		 +0.72%
2016-12-31 NT$329.58 Billion
≈ $10.38 Billion		 +2.76%
2015-12-31 NT$320.72 Billion
≈ $10.10 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to China Steel Corp Pref'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 95.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings NT$4.33 Billion 1.48%
Other Components NT$288.30 Billion 98.52%
Total Equity NT$292.63 Billion 100.00%

China Steel Corp Pref Competitors by Market Cap

The table below lists competitors of China Steel Corp Pref ranked by their market capitalization.

Company Market Cap
PicoCELA Inc. American Depositary Shares
NASDAQ:PCLA
 $46.24 Million
Vanet Gida Sanayi Ic ve Dis Ticaret AS
IS:VANGD
 $46.25 Million
Ado Optronics
TWO:3516
 $46.26 Million
Maoye International Holdings Limited
F:5MIA
 $46.26 Million
Dreamus Company
KQ:060570
 $46.23 Million
European Metals Holdings Ltd
AU:EMH
 $46.23 Million
OFS Capital Corp
NASDAQ:OFS
 $46.22 Million
Hindustan Motors Limited
NSE:HINDMOTORS
 $46.19 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Steel Corp Pref's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 301,300,171,000 to 292,633,521,000, a change of -8,666,650,000 (-2.9%).
  • Net loss of 4,349,185,000 reduced equity.
  • Dividend payments of 5,196,331,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income NT$-4.35 Billion -1.49%
Dividends Paid NT$5.20 Billion -1.78%
Other Changes NT$878.87 Million +0.3%
Total Change NT$- -2.88%

Book Value vs Market Value Analysis

This analysis compares China Steel Corp Pref'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: 2.00x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 NT$19.67 NT$38.35 x
2018-12-31 NT$20.25 NT$38.35 x
2019-12-31 NT$19.58 NT$38.35 x
2020-12-31 NT$18.98 NT$38.35 x
2021-12-31 NT$22.59 NT$38.35 x
2022-12-31 NT$20.70 NT$38.35 x
2023-12-31 NT$19.98 NT$38.35 x
2024-12-31 NT$19.71 NT$38.35 x
2025-12-31 NT$19.15 NT$38.35 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Steel Corp Pref 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): -1.49%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.37%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 2.30x
  • Recent ROE (-1.49%) is below the historical average (4.32%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 2.59% 2.67% 0.42x 2.31x NT$-21.79 Billion
2016 5.30% 5.47% 0.43x 2.23x NT$-14.22 Billion
2017 5.56% 4.87% 0.52x 2.20x NT$-13.50 Billion
2018 7.82% 6.10% 0.59x 2.16x NT$-6.84 Billion
2019 2.91% 2.41% 0.55x 2.20x NT$-21.45 Billion
2020 0.30% 0.28% 0.49x 2.17x NT$-28.44 Billion
2021 17.78% 13.25% 0.68x 1.97x NT$27.15 Billion
2022 5.56% 3.96% 0.66x 2.14x NT$-14.21 Billion
2023 0.55% 0.46% 0.54x 2.22x NT$-28.89 Billion
2024 0.66% 0.55% 0.52x 2.31x NT$-28.15 Billion
2025 -1.49% -1.37% 0.47x 2.30x NT$-33.61 Billion

Industry Comparison

This section compares China Steel Corp Pref's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $32,241,376,333
  • Average return on equity (ROE) among peers: -1.21%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China Steel Corp Pref (2002A) NT$329.92 Billion 2.59% 1.04x $46.24 Million
Walsin Lihwa Corp (1605) $56.70 Billion 0.00% 0.52x $5.26 Billion
China Steel Corp (2002) $161.04 Billion 22.96% 0.50x $9.08 Billion
Tung Ho Steel Enterprise Corp (2006) $32.76 Billion 13.67% 0.68x $1.58 Billion
Yieh Hsing Enterprise Co Ltd (2007) $5.38 Billion -3.91% 1.58x $123.72 Million
Kao Hsiung Chang Iron & Steel Corp (2008) $1.73 Billion -45.99% 4.10x $180.39 Million
Chun Yuan Steel Industry Co Ltd (2010) $11.33 Billion 4.13% 0.63x $501.96 Million
Chun Yu Works & Co Ltd (2012) $3.94 Billion 3.99% 1.28x $125.14 Million
China Steel Structure Co Ltd (2013) $5.18 Billion 9.53% 1.68x $270.95 Million
Chung Hung Steel Corp (2014) $12.11 Billion -15.26% 1.22x $814.10 Million

About China Steel Corp Pref

TW:2002A Taiwan Steel
Market Cap
$46.24 Million
NT$1.47 Billion TWD
Market Cap Rank
#22252 Global
#1377 in Taiwan
Share Price
NT$38.35
Change (1 day)
+0.00%
52-Week Range
NT$38.30 - NT$40.55
All Time High
NT$4365.00
Categories
Companies in Taiwan Steel
About

China Steel Corporation manufactures and sells steel products in Taiwan, Vietnam, Malaysia, China, India, and internationally. It offers steel plates primarily for use in construction structures, shipbuilding, bridge beams, oil country tabular goods, machine structures, pressure vessels, and in climate/corrosion-resistant steel plates; steel bars and wire rods for applications in general and mach… Read more