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Angang Steel Company Limited

Angang Steel Company Limited

000898.SZ
Angang Steel Company LimitedCN flagShenzhen Stock Exchange
1.88
CNY
+0.02
- -
17.61BMarket Cap
Angang Steel Company Limited
000898.SZ
(Shenzhen Stock Exchange)

Recent

price

1.88

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
9.83
9.63
8.31
7.98
7.86
5.61
6.14
9.74
11.19
11.23
10.71
14.46
13.35
12.32
11.2
10.25
10.46
Revenue per Share
0.22
-0.23
-0.43
0.08
0.1
-0.49
0.17
0.71
0.85
0.19
0.21
0.74
0.01
-0.35
-0.76
-0.43
-0.59
Basic EPS, GAAP
0.44
-0.09
-0.05
0.81
-0.24
0.14
0.31
0.49
0.58
0.7
0.65
0.89
0.19
-0.15
-0.43
-0.3
-0.36
Free Cash Flow per Basic Share
0.21
0.28
0.26
0.15
0.17
0.19
0.14
0.18
0.31
0.25
0.13
0.13
0.24
0.03
0.03
0.04
0.03
Dividend per Share
2.01
1.67
1.24
1.3
1.38
0.86
1.03
0.7
1.37
1.59
1.72
2.29
1.99
1.73
0.97
0.53
0.84
Book Value per Share
5.15
4.84
4.49
4.34
4.45
4
4.2
4.91
4.91
4.93
5.08
5.82
5.31
5.19
4.47
4.12
4.38
Tangible Book Value per Share
9,400
9,393
9,411
9,443
9,425
9,403
9,421
9,410
9,400
9,405
9,419
9,411
9,818
9,380
9,383
9,373
9,390
Basic Weighted Avg Shares
92,431
90,423
78,214
75,329
74,046
52,759
57,882
91,683
105,157
105,587
100,903
136,120
131,072
115,571
105,101
96,052
98,251
Sales/Revenue/Turnover
4.75
-1.15
-2.89
4.24
5.77
-2
6.69
8.27
10.57
2.92
3.39
7.05
-0.44
-3.56
-6.4
-3.97
-5.31
Operating Margin (%)
7,176
7,055
5,701
4,251
3,984
3,925
3,451
3,604
3,689
3,778
3,874
3,980
3,839
3,775
4,104
4,361
- -
Depreciation Expense
2,039
-2,146
-4,025
770
928
-4,593
1,616
6,638
7,952
1,787
1,978
6,964
108
-3,255
-7,122
-4,068
-5,577
Net Income, GAAP
17.3
- -
- -
- -
41.48
- -
0.31
- -
20.54
10.75
16.94
21.89
- -
- -
- -
- -
- -
Effective Tax Rate (%)
2.21
-2.37
-5.15
1.02
1.25
-8.71
2.79
7.24
7.56
1.69
1.96
5.12
0.08
-2.82
-6.78
-4.24
-5.68
Profit Margin (%)
-5,456
-8,459
-16,138
-8,505
-10,127
-19,409
-11,113
-6,446
-5,839
-5,849
-4,686
1,916
-6,922
-8,010
-11,189
-19,130
-18,836
Working Capital
12,717
13,135
8,364
7,015
5,354
962
5,240
4,909
3,869
5,065
5,619
5,459
1,125
5,500
11,116
6,157
3,978
LT Debt
55,345
52,305
49,033
47,090
48,196
43,681
45,288
52,712
52,465
52,548
53,858
61,237
58,663
55,605
48,671
44,982
47,645
Total Equity
4.35
- -
- -
- -
3.73
- -
5.7
- -
12.1
3.85
4.1
11.07
- -
- -
- -
- -
- -
Return on Invested Capital (%)
6.23
- -
- -
- -
5.23
- -
8.92
- -
30.12
8.33
8.34
24.58
- -
- -
- -
- -
- -
Return on Capital (%)
11.2
-12.41
-29.45
6.43
7.33
-43.48
18.13
81.47
81.78
12.84
12.7
36.86
0.53
-18.23
-56.42
-57.94
-52.12
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,874
8,394
9,323
LT Borrowings
10,991
4,493
3,880
LT Finance Leases
125
110
98
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9,383
9,369
9,369
Market Capitalization
22,582
22,442
21,784

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
28,250
28,201
26,600
Cash, Cash Equivalents & STI
4,559
3,327
3,150
Accounts Receivable, Net
2,952
2,735
2,711
Inventories
14,769
14,694
13,853
Total Current Liabilities
39,439
46,366
45,436
Payables & Accruals
- -
- -
- -
ST Debt
1,874
8,394
9,323
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.65%
-3.15%
-7.58%
Free Cash Flow
14.74%
-12.61%
-29.52%
Net Income, GAAP
-275.58%
-576.87%
-42.88%
Sales/Revenue/Turnover
8.05%
0.34%
-8.61%
Total Cash Common Dividend
3.64%
5.57%
32.03%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27,831
28,106
23,812
25,840
105,101
2025
25,079
23,520
22,960
- -
96,052
2026
22,021
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.18
- -
- -
- -
-0.76
2025
-0.06
- -
- -
- -
-0.43
2026
-0.16
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.03
2025
0.01
- -
- -
- -
0.04
2026
0.01
- -
- -
- -
- -
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Business
Angang Steel Company Limited (000898.SZ) is a leading Chinese steel manufacturer primarily engaged in the production and sale of a wide range of steel products, including hot-rolled coils; medium and thick plates; cold-rolled sheets; galvanized sheets; cold-rolled silicon steel; heavy rails; profiles; seamless steel pipes; wire rods; steel billets; color-coated sheets; and specialty steels such as automotive plates, shipbuilding plates, pipeline steel, container plates, and oriented silicon steel. The company operates integrated steel production facilities encompassing coking, sintering, ironmaking, steelmaking, and rolling processes, with advanced technologies in low-cost high-blast furnace ironmaking, ultra-clean steel production, and wide-thick plate rolling; it also extends into steel processing, distribution, chemical products, green energy, e-commerce, and clean power generation. Headquartered in Anshan, Liaoning Province, China, Angang Steel was established in 1997 as a subsidiary of Anshan Iron & Steel Group Co., Ltd., with principal operations concentrated in China across its Anshan and Bayuquan production bases, serving industries such as machinery, automotive, shipbuilding, construction, railways, petroleum, appliances, and aviation. In recent developments, the company's controlling shareholder, Anshan Iron & Steel, announced plans in April 2025 to increase its holdings by 1-2 billion yuan through centralized bidding over the subsequent six months, reinforcing its 53.54% stake amid market stabilization efforts in the steel sector. Ansteel Group, the parent entity, received a free transfer of 7% equity in Lingyuan Iron and Steel Group Co., Ltd. in 2024, enhancing regional industrial chain coordination and supply chain synergies; this follows the 2021 merger with Benxi Iron & Steel, bolstering production scale. Additionally, Angang Steel continues to advance cost controls, technical innovations, and capacity expansions, including optimizations in waste steel management and equipment maintenance to support profitability amid industry supply-demand dynamics as of late 2025.