Shandong Iron and Steel Co Ltd
Shandong Iron and Steel Company Ltd. provides iron and steel products in China and internationally. The company offers thick plates, steel and special steel, hot-rolled coils, cold-rolled coils, and steel bars, etc. Its products are used in automotive, petroleum, railways, bridges, construction, electricity, transportation, machinery, shipbuilding, light industry, and household appliances. The co… Read more
Shandong Iron and Steel Co Ltd (600022) - Total Assets
Latest total assets as of September 2025: CN¥66.50 Billion CNY
Based on the latest financial reports, Shandong Iron and Steel Co Ltd (600022) holds total assets worth CN¥66.50 Billion CNY 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.
Shandong Iron and Steel Co Ltd - Total Assets Trend (2001–2024)
This chart illustrates how Shandong Iron and Steel Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shandong Iron and Steel Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Shandong Iron and Steel Co Ltd's total assets of CN¥66.50 Billion consist of 20.3% current assets and 79.7% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.5% |
| Accounts Receivable | CN¥1.76 Billion | 2.7% |
| Inventory | CN¥5.26 Billion | 8.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥5.80 Billion | 8.9% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2001–2024)
This chart illustrates how Shandong Iron and Steel 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shandong Iron and Steel Co Ltd's current assets represent 20.3% of total assets in 2024, a decrease from 47.1% in 2001.
- Cash Position: Cash and equivalents constituted 7.5% of total assets in 2024, down from 10.0% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is intangible assets at 8.9% of total assets.
Shandong Iron and Steel Co Ltd Competitors by Total Assets
Key competitors of Shandong Iron and Steel Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Shandong Iron and Steel Co Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Shandong Iron and Steel Co Ltd generates 1.26x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Shandong Iron and Steel Co Ltd is currently not profitable relative to its asset base.
Shandong Iron and Steel 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 | 0.47 | 0.49 | 0.59 |
| Quick Ratio | 0.31 | 0.33 | 0.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-17.81 Billion | CN¥ -16.38 Billion | CN¥ -12.31 Billion |
Shandong Iron and Steel Co Ltd - Advanced Valuation Insights
This section examines the relationship between Shandong Iron and Steel 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 | 0.90 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -2.2% |
| Total Assets | CN¥65.31 Billion |
| Market Capitalization | $1.01 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Shandong Iron and Steel Co Ltd's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Shandong Iron and Steel Co Ltd's assets decreased by 2.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Shandong Iron and Steel Co Ltd (2001–2024)
The table below shows the annual total assets of Shandong Iron and Steel Co Ltd from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥65.31 Billion | -2.16% |
| 2023-12-31 | CN¥66.75 Billion | -3.27% |
| 2022-12-31 | CN¥69.01 Billion | -4.87% |
| 2021-12-31 | CN¥72.55 Billion | +5.93% |
| 2020-12-31 | CN¥68.49 Billion | -1.51% |
| 2019-12-31 | CN¥69.53 Billion | -3.30% |
| 2018-12-31 | CN¥71.91 Billion | +26.14% |
| 2017-12-31 | CN¥57.00 Billion | +4.76% |
| 2016-12-31 | CN¥54.42 Billion | +2.14% |
| 2015-12-31 | CN¥53.28 Billion | +13.44% |
| 2014-12-31 | CN¥46.96 Billion | -8.91% |
| 2013-12-31 | CN¥51.55 Billion | -3.09% |
| 2012-12-31 | CN¥53.20 Billion | +77.04% |
| 2011-12-31 | CN¥30.05 Billion | -8.36% |
| 2010-12-31 | CN¥32.79 Billion | +13.11% |
| 2009-12-31 | CN¥28.99 Billion | +4.23% |
| 2008-12-31 | CN¥27.81 Billion | +61.12% |
| 2007-12-31 | CN¥17.26 Billion | +9.14% |
| 2006-12-31 | CN¥15.82 Billion | +8.97% |
| 2005-12-31 | CN¥14.52 Billion | +38.18% |
| 2004-12-31 | CN¥10.50 Billion | +50.32% |
| 2003-12-31 | CN¥6.99 Billion | +38.23% |
| 2002-12-31 | CN¥5.06 Billion | +63.09% |
| 2001-12-31 | CN¥3.10 Billion | -- |