Sgis Songshan Co Ltd (000717) - Total Assets
Based on the latest financial reports, Sgis Songshan Co Ltd (000717) holds total assets worth CN¥20.01 Billion CNY (≈ $2.93 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Sgis Songshan Co Ltd book value and equity for net asset value and shareholders' equity analysis.
Sgis Songshan Co Ltd - Total Assets Trend (1994–2024)
This chart illustrates how Sgis Songshan Co Ltd's total assets have evolved over time, based on quarterly financial data.
Sgis Songshan Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Sgis Songshan Co Ltd's total assets of CN¥20.01 Billion consist of 18.4% current assets and 81.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 3.3% |
| Accounts Receivable | CN¥148.69 Million | 0.7% |
| Inventory | CN¥1.69 Billion | 8.3% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥281.02 Million | 1.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1994–2024)
This chart illustrates how Sgis Songshan Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Sgis Songshan Co Ltd market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sgis Songshan Co Ltd's current assets represent 18.4% of total assets in 2024, a decrease from 46.8% in 1994.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2024, up from 2.7% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is inventory at 8.3% of total assets.
Sgis Songshan Co Ltd Competitors by Total Assets
Key competitors of Sgis Songshan Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Worthington Steel Inc
NYSE:WS
|
USA | $2.15 Billion |
|
Fushun Special Steel Co Ltd
SHG:600399
|
China | CN¥12.73 Billion |
|
Tung Ho Steel Enterprise Corp
TW:2006
|
Taiwan | NT$51.74 Billion |
|
Labrador Iron Ore Royalty Corp
TO:LIF
|
Canada | CA$812.28 Million |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
|
Seah Steel Corp
KO:003030
|
Korea | ₩5.83 Trillion |
|
Vulcan Steel Ltd
AU:VSL
|
Australia | AU$1.08 Billion |
|
Invercap
SN:INVERCAP
|
Chile | CL$6.90 Billion |
Sgis Songshan Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.44 | 0.41 | 0.65 |
| Quick Ratio | 0.27 | 0.25 | 0.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-5.47 Billion | CN¥-5.30 Billion | CN¥-2.71 Billion |
Sgis Songshan Co Ltd - Advanced Valuation Insights
This section examines the relationship between Sgis Songshan Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.78 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -4.4% |
| Total Assets | CN¥20.33 Billion |
| Market Capitalization | $883.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sgis Songshan Co Ltd's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Sgis Songshan Co Ltd's assets decreased by 4.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Sgis Songshan Co Ltd (1994–2024)
The table below shows the annual total assets of Sgis Songshan Co Ltd from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥20.33 Billion ≈ $2.98 Billion |
-4.36% |
| 2023-12-31 | CN¥21.26 Billion ≈ $3.11 Billion |
+5.59% |
| 2022-12-31 | CN¥20.13 Billion ≈ $2.95 Billion |
-2.25% |
| 2021-12-31 | CN¥20.60 Billion ≈ $3.01 Billion |
+15.99% |
| 2020-12-31 | CN¥17.76 Billion ≈ $2.60 Billion |
+3.41% |
| 2019-12-31 | CN¥17.17 Billion ≈ $2.51 Billion |
+4.53% |
| 2018-12-31 | CN¥16.43 Billion ≈ $2.40 Billion |
+13.95% |
| 2017-12-31 | CN¥14.42 Billion ≈ $2.11 Billion |
-3.74% |
| 2016-12-31 | CN¥14.98 Billion ≈ $2.19 Billion |
-9.57% |
| 2015-12-31 | CN¥16.56 Billion ≈ $2.42 Billion |
-10.82% |
| 2014-12-31 | CN¥18.57 Billion ≈ $2.72 Billion |
-14.21% |
| 2013-12-31 | CN¥21.65 Billion ≈ $3.17 Billion |
+5.66% |
| 2012-12-31 | CN¥20.49 Billion ≈ $3.00 Billion |
-15.90% |
| 2011-12-31 | CN¥24.36 Billion ≈ $3.56 Billion |
+5.46% |
| 2010-12-31 | CN¥23.10 Billion ≈ $3.38 Billion |
+25.94% |
| 2009-12-31 | CN¥18.34 Billion ≈ $2.68 Billion |
+6.13% |
| 2008-12-31 | CN¥17.28 Billion ≈ $2.53 Billion |
+2.63% |
| 2007-12-31 | CN¥16.84 Billion ≈ $2.46 Billion |
+37.27% |
| 2006-12-31 | CN¥12.27 Billion ≈ $1.79 Billion |
-0.13% |
| 2005-12-31 | CN¥12.28 Billion ≈ $1.80 Billion |
+11.56% |
| 2004-12-31 | CN¥11.01 Billion ≈ $1.61 Billion |
+36.80% |
| 2003-12-31 | CN¥8.05 Billion ≈ $1.18 Billion |
+52.61% |
| 2002-12-31 | CN¥5.27 Billion ≈ $771.73 Million |
+35.65% |
| 2001-12-31 | CN¥3.89 Billion ≈ $568.91 Million |
+29.57% |
| 2000-12-31 | CN¥3.00 Billion ≈ $439.08 Million |
+23.33% |
| 1999-12-31 | CN¥2.43 Billion ≈ $356.04 Million |
-2.73% |
| 1998-12-31 | CN¥2.50 Billion ≈ $366.04 Million |
+81.47% |
| 1997-12-31 | CN¥1.38 Billion ≈ $201.71 Million |
+38.23% |
| 1996-12-31 | CN¥997.20 Million ≈ $145.92 Million |
+37.79% |
| 1995-12-31 | CN¥723.73 Million ≈ $105.90 Million |
+26.15% |
| 1994-12-31 | CN¥573.70 Million ≈ $83.95 Million |
-- |
About Sgis Songshan Co Ltd
Guangdong Zhongnan Iron and Steel Co., Ltd. engages in the production and sale of iron and steel metallurgical products. The company offers steel; carbon steel wire rod and other type of wire rod; hot rolled wire rod; structural wire rod and steel plates; steel plates; alloy mold plate; and mold steel. It also sells mineral products and coal. In addition, the company offers general freight; wharf… Read more