Salzgitter AG (SZG) - Net Assets

Latest as of September 2025: €4.42 Billion EUR ≈ $5.17 Billion USD

Based on the latest financial reports, Salzgitter AG (SZG) has net assets worth €4.42 Billion EUR (≈ $5.17 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.58 Billion ≈ $12.37 Billion USD) and total liabilities (€6.16 Billion ≈ $7.20 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 balance sheet size of Salzgitter AG for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets €4.42 Billion
% of Total Assets 41.79%
Annual Growth Rate 6.59%
5-Year Change 66.07%
10-Year Change 53.79%
Growth Volatility 23.98

Salzgitter AG - Net Assets Trend (1999–2024)

This chart illustrates how Salzgitter AG's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Salzgitter AG (SZG) market capitalisation.

Annual Net Assets for Salzgitter AG (1999–2024)

The table below shows the annual net assets of Salzgitter AG from 1999 to 2024. Explore SZG cash flow conversion to assess how effectively this company generates cash.

Year Net Assets Change
2024-12-31 €4.45 Billion
≈ $5.20 Billion		 -7.98%
2023-12-31 €4.83 Billion
≈ $5.65 Billion		 -0.33%
2022-12-31 €4.85 Billion
≈ $5.67 Billion		 +44.49%
2021-12-31 €3.36 Billion
≈ $3.92 Billion		 +25.31%
2020-12-31 €2.68 Billion
≈ $3.13 Billion		 -8.84%
2019-12-31 €2.94 Billion
≈ $3.44 Billion		 -11.81%
2018-12-31 €3.33 Billion
≈ $3.90 Billion		 +11.45%
2017-12-31 €2.99 Billion
≈ $3.50 Billion		 +4.83%
2016-12-31 €2.85 Billion
≈ $3.33 Billion		 -1.41%
2015-12-31 €2.89 Billion
≈ $3.38 Billion		 +0.60%
2014-12-31 €2.88 Billion
≈ $3.36 Billion		 -9.77%
2013-12-31 €3.19 Billion
≈ $3.73 Billion		 -12.53%
2012-12-31 €3.64 Billion
≈ $4.26 Billion		 -8.91%
2011-12-31 €4.00 Billion
≈ $4.68 Billion		 +4.00%
2010-12-31 €3.85 Billion
≈ $4.50 Billion		 -1.50%
2009-12-31 €3.90 Billion
≈ $4.56 Billion		 -10.17%
2008-12-31 €4.35 Billion
≈ $5.08 Billion		 +3.57%
2007-12-31 €4.20 Billion
≈ $4.91 Billion		 +21.74%
2006-12-31 €3.45 Billion
≈ $4.03 Billion		 +72.15%
2005-12-31 €2.00 Billion
≈ $2.34 Billion		 +80.59%
2004-12-31 €1.11 Billion
≈ $1.30 Billion		 +11.28%
2003-12-31 €996.41 Million
≈ $1.16 Billion		 -5.37%
2002-12-31 €1.05 Billion
≈ $1.23 Billion		 -4.80%
2001-12-31 €1.11 Billion
≈ $1.29 Billion		 +20.34%
2000-12-31 €919.17 Million
≈ $1.07 Billion		 +1.77%
1999-12-31 €903.15 Million
≈ $1.06 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to Salzgitter AG'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 990.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €4.32 Billion 97.19%
Common Stock €161.60 Million 3.64%
Other Comprehensive Income €75.70 Million 1.70%
Total Equity €4.44 Billion 100.00%

Salzgitter AG Competitors by Market Cap

The table below lists competitors of Salzgitter AG ranked by their market capitalization.

Company Market Cap
Techno Electric & Engineering Company Limited
NSE:TECHNOE
 $1.61 Billion
KEC International Limited
NSE:KEC
 $1.61 Billion
Greif Bros Corporation
NYSE:GEF
 $1.61 Billion
German American Bancorp Inc
NASDAQ:GABC
 $1.61 Billion
Jolywood Suzhou Sunwatt Co Ltd
SHE:300393
 $1.61 Billion
Kernel Holding SA
WAR:KER
 $1.61 Billion
Six Flags Entertainment Corporation
NYSE:FUN
 $1.61 Billion
U-Ming Marine Transport Corp
TW:2606
 $1.61 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Salzgitter AG's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,826,900,000 to 4,441,400,000, a change of -385,500,000 (-8.0%).
  • Net loss of 352,200,000 reduced equity.
  • Dividend payments of 24,300,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 14,800,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €-352.20 Million -7.93%
Dividends Paid €24.30 Million -0.55%
Other Comprehensive Income €-14.80 Million -0.33%
Other Changes €5.80 Million +0.13%
Total Change €- -7.99%

Book Value vs Market Value Analysis

This analysis compares Salzgitter AG'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: 0.59x
  • 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 decreased from 3.34x to 0.59x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 €14.38 €48.04 x
2000-12-31 €14.47 €48.04 x
2001-12-31 €17.06 €48.04 x
2002-12-31 €16.03 €48.04 x
2003-12-31 €15.71 €48.04 x
2004-12-31 €17.63 €48.04 x
2005-12-31 €31.67 €48.04 x
2006-12-31 €54.53 €48.04 x
2007-12-31 €75.39 €48.04 x
2008-12-31 €79.88 €48.04 x
2009-12-31 €71.97 €48.04 x
2010-12-31 €70.91 €48.04 x
2011-12-31 €72.28 €48.04 x
2012-12-31 €67.21 €48.04 x
2013-12-31 €58.77 €48.04 x
2014-12-31 €53.02 €48.04 x
2015-12-31 €53.33 €48.04 x
2016-12-31 €49.36 €48.04 x
2017-12-31 €51.73 €48.04 x
2018-12-31 €57.63 €48.04 x
2019-12-31 €54.15 €48.04 x
2020-12-31 €49.36 €48.04 x
2021-12-31 €61.87 €48.04 x
2022-12-31 €89.49 €48.04 x
2023-12-31 €89.24 €48.04 x
2024-12-31 €82.12 €48.04 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Salzgitter AG 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): -7.93%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.52%
  • • Asset Turnover: 0.96x
  • • Equity Multiplier: 2.36x
  • Recent ROE (-7.93%) is below the historical average (6.92%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 1.48% 0.50% 1.20x 2.46x €-76.40 Million
2000 1.36% 1.21% 0.30x 3.76x €-77.97 Million
2001 13.02% 3.02% 1.21x 3.58x €32.19 Million
2002 6.44% 1.36% 1.25x 3.81x €-35.65 Million
2003 2.86% 0.58% 1.32x 3.75x €-69.97 Million
2004 22.05% 4.12% 1.40x 3.82x €133.62 Million
2005 42.05% 11.77% 1.32x 2.70x €641.85 Million
2006 43.74% 17.85% 1.21x 2.02x €1.16 Billion
2007 21.47% 8.84% 1.21x 2.00x €481.50 Million
2008 15.67% 5.42% 1.44x 2.01x €245.02 Million
2009 -9.94% -4.95% 0.97x 2.07x €-776.03 Million
2010 0.78% 0.36% 0.96x 2.27x €-353.53 Million
2011 5.91% 2.34% 1.15x 2.21x €-163.08 Million
2012 -2.81% -0.98% 1.16x 2.46x €-465.53 Million
2013 -15.49% -5.33% 1.15x 2.54x €-810.18 Million
2014 -1.21% -0.38% 1.06x 2.96x €-321.47 Million
2015 -1.67% -0.57% 1.03x 2.87x €-336.57 Million
2016 1.91% 0.69% 0.93x 2.97x €-230.28 Million
2017 6.38% 2.12% 1.08x 2.79x €-107.86 Million
2018 8.24% 2.95% 1.06x 2.64x €-58.59 Million
2019 -8.10% -2.78% 0.99x 2.94x €-530.20 Million
2020 -10.26% -3.86% 0.86x 3.09x €-540.88 Million
2021 17.37% 5.95% 0.95x 3.06x €246.47 Million
2022 22.34% 8.62% 1.13x 2.29x €597.48 Million
2023 4.15% 1.85% 1.03x 2.18x €-282.59 Million
2024 -7.93% -3.52% 0.96x 2.36x €-796.34 Million

Industry Comparison

This section compares Salzgitter AG's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $34,031,749,000
  • Average return on equity (ROE) among peers: 12.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Salzgitter AG (SZG) €4.42 Billion 1.48% 1.39x $1.61 Billion
Tiangong International Company Limited (34T1) $6.89 Billion 9.64% 0.82x $1.09 Billion
Zanaga Iron Ore Company Limited (6ZA) $37.74 Million -5.03% 0.00x $33.09 Million
Aperam SA (7AA) $2.95 Billion 32.78% 1.00x $2.84 Billion
APERAM S.A. NY SHS/1 O.N. (7AAN) $3.39 Billion 18.43% 0.84x $2.60 Billion
ACERINOX ADR 1/2/EO-25 (ACE) $2.21 Billion 25.82% 1.70x $3.22 Billion
ArcelorMittal SA (ARRD) $55.59 Billion 16.73% 0.70x $35.56 Billion
BCI Minerals Limited (BC3) $431.46 Million 2.17% 0.43x $658.02 Million
Chongqing Iron & Steel Company Limited (CGP) $22.38 Billion 10.16% 0.92x $74.24 Million
Da Ming International Holdings Limited (DM7) $2.01 Billion 8.26% 1.97x $106.54 Million
EREGLI DEM CEL FABR DL1 (EDVA) $244.42 Billion 5.52% 0.74x $3.02 Billion

About Salzgitter AG

XETRA:SZG Germany Steel
Market Cap
$3.04 Billion
€2.60 Billion EUR
Market Cap Rank
#7074 Global
#998 in Germany
Share Price
€48.04
Change (1 day)
+2.43%
52-Week Range
€19.04 - €55.95
All Time High
€55.95
Categories
Companies in Germany Steel
About

Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading. The Steel Processing segment produces… Read more