1. People's Republic of China Stocks

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    Basic Materials

  3. •

    Steel
Hang Zhou Iron & Steel Co.,Ltd.

Hang Zhou Iron & Steel Co.,Ltd.

600126.SS
Hang Zhou Iron & Steel Co.,Ltd.CN flagShanghai Stock Exchange
5.92
CNY
-0.13
- -
19.99BMarket Cap
Hang Zhou Iron & Steel Co.,Ltd.
600126.SS
(Shanghai Stock Exchange)

Recent

price

5.92

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
18.01
20.62
15.63
12.8
10.35
20.1
6.67
8.22
7.79
7.87
9.84
14.92
12.6
15.32
19.26
21.68
9.28
Revenue per Share
0.32
0.28
-0.35
0.02
0.01
-1.37
0.25
0.53
0.57
0.27
0.34
0.49
0.14
0.05
-0.19
0.01
-0.05
Basic EPS, GAAP
-0.24
-0.54
0.14
-0.03
0.7
0.3
0.82
0.39
0.55
0.12
0.42
0.38
-0.31
-0.97
-0.06
0.38
-0.45
Free Cash Flow per Basic Share
0.12
0.12
0.19
0.11
0.12
0.32
0.06
0.02
0.01
0.12
0.15
0.21
0.25
0.05
0.06
0.02
0.02
Dividend per Share
2.11
2.26
1.84
1.52
1.47
0.64
1.08
1.47
2.29
2.42
2.64
2.89
2.71
2.55
2.56
3.51
2.65
Book Value per Share
3.49
3.67
3.24
2.67
2.58
7.43
3.94
3.79
4.48
4.41
5.33
5.48
5.25
4.94
5.11
7.09
5.36
Tangible Book Value per Share
1,078
1,083
1,096
1,342
1,395
1,091
2,947
3,388
3,397
3,399
3,342
3,348
3,438
3,645
3,306
2,414
3,203
Basic Weighted Avg Shares
19,410
22,326
17,133
17,183
14,449
21,922
19,660
27,856
26,450
26,742
32,887
49,961
43,325
55,827
63,664
52,327
29,735
Sales/Revenue/Turnover
3.11
2.73
-0.77
0.76
0.88
-5.2
4.95
8.16
9.43
3.37
3.3
3.47
0.46
-0.02
-0.98
-0.04
-0.39
Operating Margin (%)
342
327
288
291
271
1,268
1,076
1,162
1,440
1,262
1,302
1,162
1,182
1,060
1,068
1,235
- -
Depreciation Expense
348
300
-379
21
11
-1,493
725
1,796
1,936
918
1,136
1,641
481
182
-628
24
-146
Net Income, GAAP
23.66
23.29
- -
41.59
45.22
- -
5.8
18.03
26.5
23.44
19.14
23.39
14.45
34
- -
66.81
58.63
Effective Tax Rate (%)
1.79
1.34
-2.21
0.12
0.07
-6.81
3.69
6.45
7.32
3.43
3.45
3.28
1.11
0.33
-0.99
0.05
-0.49
Profit Margin (%)
787
2,657
2,465
1,357
1,520
-2,789
964
2,626
5,334
4,924
7,998
6,998
6,302
5,711
4,255
3,798
4,161
Working Capital
- -
1,387
1,391
- -
- -
507
762
747
657
596
133
125
176
153
146
115
227
LT Debt
3,795
4,005
3,589
3,621
3,632
11,108
15,500
16,740
19,385
19,176
20,099
20,554
20,192
20,209
19,595
19,677
19,691
Total Equity
8.58
7.74
- -
1.26
1.22
- -
4.68
9.79
9.49
3.42
4.32
6.36
0.82
-0.04
- -
-0.04
- -
Return on Invested Capital (%)
10.64
8.47
- -
1.95
1.88
- -
9.54
26.58
26.18
10.37
12.73
17.29
5.2
2.24
- -
0.42
-0.37
Return on Capital (%)
15.5
12.72
-16.99
1.02
0.53
-108.83
37.36
43.99
30.35
11.46
13.33
17.75
5.07
1.96
-7.07
0.28
-1.73
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
2,883
786
LT Borrowings
- -
22
130
LT Finance Leases
- -
93
97
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
3,377
3,377
Market Capitalization
34,891
28,557
27,414

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
14,835
13,574
Cash, Cash Equivalents & STI
- -
7,399
5,783
Accounts Receivable, Net
- -
514
448
Inventories
- -
3,847
4,320
Total Current Liabilities
- -
11,038
9,413
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,883
786
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.5%
-0.41%
0.42%
Free Cash Flow
16.7%
-125.79%
-566.69%
Net Income, GAAP
-65.9%
-127.38%
-103.84%
Sales/Revenue/Turnover
11.41%
12.75%
-17.81%
Total Cash Common Dividend
73.39%
-16.62%
-71.25%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16,043
17,502
14,715
15,404
63,664
2025
14,437
15,239
- -
6,803
52,327
2026
7,693
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
-0.19
2025
-0.01
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.06
2025
- -
- -
- -
- -
0.02
2026
- -
- -
- -
- -
- -
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Business
Hang Zhou Iron & Steel Co.,Ltd. (600126.SS) manufactures and sells steel products principally in China. The company produces hot-rolled steel coils and hot-rolled steel plates; engages in black metal smelting and calendering processes; trades raw materials, fuels, metals, and recycled resources; and participates in scrapped automobile dismantling and ancillary steel trading activities. Its products serve industries including construction, engineering, automotive structures, home appliances, containers, and mechanical processing, with sales primarily in China and minor overseas exports. Founded in 1957 and headquartered in Hangzhou, Zhejiang Province, the company operates through subsidiaries such as Ningbo Iron & Steel Co.,Ltd., which supports pig iron, crude steel, and hot-rolled coil production capacities exceeding 4 million tons annually; Zhejiang Cloud Computing for digital initiatives; and other units focused on resource recycling and trading, generating significant revenue from recycled resources at 30.03 billion CNY in 2024. Recent developments include plans announced in August 2025 to sell stakes in certain units as part of strategic restructuring; a reported widening of first-half 2025 net loss amid a 12% revenue decline due to persistent low steel prices and industry pressures; and anticipation of a full-year 2024 net loss of approximately 630 million CNY following sluggish domestic market conditions.