China Steel Corp Pref (2002A) - Net Assets
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. Also explore how large is China Steel Corp Pref's balance sheet for the complete picture of this company's asset 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. For live valuation and market cap data, see how much is China Steel Corp Pref worth.
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. Explore China Steel Corp Pref cash conversion from operations to assess how effectively this company generates cash.
| 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 |
|---|---|
|
Plastiques du Val de Loire
PA:PVL
|
$46.78 Million |
|
OFCO Industrial
TWO:5011
|
$46.78 Million |
|
Live Verdure Ltd
AU:LV1
|
$46.79 Million |
|
Kriti Industries (India) Limited
NSE:KRITI
|
$46.82 Million |
|
Mirae Corporation
KO:025560
|
$46.76 Million |
|
Space Hellas SA
AT:SPACE
|
$46.75 Million |
|
AGX Group Berhad
KLSE:0299
|
$46.73 Million |
|
SCD Co. Ltd
KQ:042110
|
$46.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Steel Corp Pref's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 301,300,171,000 to 292,633,521,000, a change of -8,666,650,000 (-2.9%).
- Net loss of 4,349,185,000 reduced equity.
- Dividend payments of 5,196,331,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$-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: 2.03x
- 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$38.80 | x |
| 2018-12-31 | NT$20.25 | NT$38.80 | x |
| 2019-12-31 | NT$19.58 | NT$38.80 | x |
| 2020-12-31 | NT$18.98 | NT$38.80 | x |
| 2021-12-31 | NT$22.59 | NT$38.80 | x |
| 2022-12-31 | NT$20.70 | NT$38.80 | x |
| 2023-12-31 | NT$19.98 | NT$38.80 | x |
| 2024-12-31 | NT$19.71 | NT$38.80 | x |
| 2025-12-31 | NT$19.15 | NT$38.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Steel Corp Pref utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.37%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.30x
- Recent ROE (-1.49%) is below the historical average (4.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 2.59% | 2.67% | 0.42x | 2.31x | NT$-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: $41,752,605,556
- Average return on equity (ROE) among peers: 6.49%
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 | $46.78 Million |
| Walsin Lihwa Corp (1605) | $78.57 Billion | 4.01% | 0.76x | $4.21 Billion |
| China Steel Corp (2002) | $234.13 Billion | 16.73% | 0.48x | $9.00 Billion |
| Tung Ho Steel Enterprise Corp (2006) | $21.32 Billion | 20.57% | 0.55x | $1.50 Billion |
| Yieh Hsing Enterprise Co Ltd (2007) | $3.33 Billion | -18.56% | 3.22x | $124.72 Million |
| Kao Hsiung Chang Iron & Steel Corp (2008) | $3.51 Billion | 5.34% | 0.63x | $165.35 Million |
| Chun Yuan Steel Industry Co Ltd (2010) | $9.07 Billion | 10.44% | 1.12x | $505.02 Million |
| Chun Yu Works & Co Ltd (2012) | $5.13 Billion | 5.60% | 1.36x | $129.09 Million |
| China Steel Structure Co Ltd (2013) | $4.45 Billion | 13.31% | 1.89x | $269.37 Million |
| Chung Hung Steel Corp (2014) | $16.26 Billion | 0.98% | 1.03x | $796.00 Million |
About China Steel Corp Pref
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