1. People's Republic of China Stocks

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    Basic Materials

  3. •

    Steel
Baoshan Iron & Steel Co., Ltd.

Baoshan Iron & Steel Co., Ltd.

600019.SS
Baoshan Iron & Steel Co., Ltd.CN flagShanghai Stock Exchange
5.56
CNY
-0.09
- -
117.19BMarket Cap
Baoshan Iron & Steel Co., Ltd.
600019.SS
(Shanghai Stock Exchange)

Recent

price

5.56

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
11.48
12.71
11.01
11.43
11.35
10.43
11.13
12.99
13.67
13.04
12.67
16.54
16.66
15.59
14.88
14.73
14.02
Revenue per Share
0.73
0.42
0.58
0.35
0.35
0.06
0.41
0.86
0.96
0.56
0.57
1.07
0.55
0.54
0.34
0.48
0.35
Basic EPS, GAAP
0.32
-0.17
0.46
-0.11
0.4
-0.18
0.34
0.89
1.47
0.69
0.37
1.63
1.01
0.19
0.39
0.7
-0.89
Free Cash Flow per Basic Share
0.25
0.38
0.31
0.21
0.19
0.28
0.23
0.36
0.6
0.59
0.32
0.76
0.5
0.27
0.37
0.24
0.25
Dividend per Share
2.68
2.75
2.98
3.21
3.4
3.37
3.09
3.9
4.28
4.22
4.44
4.82
4.8
5.05
5.12
5.34
5.13
Book Value per Share
5.85
6.01
6.51
6.8
6.95
7.17
6.66
7.25
7.88
8
8.45
8.97
9.17
9.39
9.6
9.89
9.52
Tangible Book Value per Share
17,629
17,528
17,396
16,624
16,550
15,740
22,136
22,291
22,342
22,434
22,273
22,086
22,158
22,119
21,653
21,553
22,128
Basic Weighted Avg Shares
202,413
222,857
191,512
190,026
187,789
164,117
246,421
289,498
305,507
292,434
282,281
365,342
369,058
344,868
322,116
317,508
310,237
Sales/Revenue/Turnover
8.38
3.97
2.58
4.76
4.5
3.02
6.28
9.24
9.33
4.79
5.25
8.48
3.49
3.49
2.94
4.28
3.22
Operating Margin (%)
13,238
13,115
11,552
10,285
10,460
10,548
17,349
18,224
19,017
18,912
18,293
19,159
19,735
19,459
19,460
19,370
- -
Depreciation Expense
12,869
7,362
10,090
5,818
5,792
944
9,076
19,170
21,449
12,563
12,695
23,632
12,187
11,944
7,362
10,346
7,696
Net Income, GAAP
21.78
16.46
21.39
24.59
26.42
63.38
21.45
15.11
16.46
11.08
12.71
13.85
6.75
8.92
8.26
13.26
9.06
Effective Tax Rate (%)
6.36
3.3
5.27
3.06
3.08
0.58
3.68
6.62
7.02
4.3
4.5
6.47
3.3
3.46
2.29
3.26
2.48
Profit Margin (%)
-4,332
-19,604
-14,647
-16,589
-14,868
-21,957
-33,543
-29,914
-13,646
-1,151
17,417
11,951
30,901
22,674
22,694
-1,248
13,877
Working Capital
27,062
16,244
12,567
8,205
12,961
17,858
22,011
8,967
8,610
11,008
27,008
27,327
32,321
37,142
29,688
15,183
24,532
LT Debt
111,322
113,470
119,960
119,957
124,205
122,146
160,252
174,472
188,988
191,458
200,820
210,721
215,876
220,138
220,164
225,190
222,563
Total Equity
8.38
4.21
2.19
3.93
3.51
1.05
5.95
8.95
9.31
5.37
5.59
10.56
4.57
4.11
3.22
4.38
3.36
Return on Invested Capital (%)
13.33
7.22
9.79
5.9
5.51
1.49
8.03
12.29
12.88
9.02
8.76
13.43
6.73
6.41
4.17
5.82
4.35
Return on Capital (%)
29.49
15.43
20.14
11.04
10.56
1.73
14.94
24.7
23.5
13.2
13.11
23.01
11.46
10.96
6.62
9.16
6.83
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
19,519
24,912
23,846
LT Borrowings
24,238
23,988
19,268
LT Finance Leases
5,451
5,502
5,264
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21,985
21,909
21,909
Market Capitalization
149,817
159,322
145,824

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
133,696
137,351
133,438
Cash, Cash Equivalents & STI
26,160
23,822
23,489
Accounts Receivable, Net
13,849
14,951
14,534
Inventories
38,188
40,699
39,952
Total Current Liabilities
111,002
111,256
119,561
Payables & Accruals
- -
- -
- -
ST Debt
19,519
24,912
23,846
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.62%
2.33%
2.28%
Free Cash Flow
15.65%
78.26%
79.65%
Net Income, GAAP
98.17%
7.58%
40.53%
Sales/Revenue/Turnover
8.13%
3.17%
-1.43%
Total Cash Common Dividend
14.38%
10.23%
-34.1%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
80,814
82,437
79,605
79,260
322,116
2025
72,880
78,493
85,071
- -
317,508
2026
77,061
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
- -
- -
- -
0.34
2025
0.11
- -
- -
- -
0.48
2026
0.1
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.37
2025
0.01
- -
- -
- -
0.24
2026
0.01
- -
- -
- -
- -
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Business
Baoshan Iron & Steel Co., Ltd. manufactures and sells a broad range of iron and steel products, including hot-rolled steel such as wear-resistant steel, clad-rolled flat steel, protection steel, and automotive steel sheets; cold-rolled products such as automotive steel sheets, hot-dip galvanized steel for HVAC ductwork, tinplate, tin-free steel, grain-oriented electrical steel, prepainted steel sheets, and chromate-free anti-fingerprinting electrogalvanized steel sheets; heavy plates; seamless pipes and tubes; bars and wire rods; carbon steel products encompassing hot- and cold-rolled steel coils, coated sheets, beams, concrete reinforcing bars, merchant steel, machine wires, sawing wire, sheet piling, and public transport rails; stainless steel products including flat and long products as well as precision stainless steel strips; and special products such as nickel alloy flat products and stainless steel special plates. The company serves industries including automotive, home appliances, petrochemical, engineering machinery, construction, shipbuilding, pressure vessels, bridges, oil and natural gas transmission, aeronautics, and packaging, with primary operations in China and exports to over 40 countries including Japan, South Korea, the United States, and the European Union. Founded in 1978 and headquartered at 885 Fujin Road, Baoshan District, Shanghai, China, Baoshan Iron & Steel operates major steel plants in Shanghai, Nanjing, Zhanjiang, and Wuhan, and functions as a subsidiary of China Baowu Steel Group. Recent developments include Baosteel Metals' acquisition in 2025 of additional shares in Baowu Magnesium Industry for approximately $82 million, increasing its stake from 21.53% to 26.53% to bolster lightweight materials capabilities; progression on a $4 billion steel plant joint venture in Saudi Arabia, registered in November 2024 with ongoing optimization; and an expansion in July 2024 of investment in a Saudi steel plate joint venture to $1 billion from $437.5 million, targeting 15 million metric tons annual steel plate capacity.