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    Steel
Lingyuan Iron & Steel Co., Ltd.

Lingyuan Iron & Steel Co., Ltd.

600231.SS
Lingyuan Iron & Steel Co., Ltd.CN flagShanghai Stock Exchange
1.57
CNY
+0.03
- -
4.51BMarket Cap
Lingyuan Iron & Steel Co., Ltd.
600231.SS
(Shanghai Stock Exchange)

Recent

price

1.57

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
7.25
7.92
7.4
8.85
8.16
4.75
4.91
6.56
7.46
7.41
7.27
9.11
7.5
7.16
6.36
5.63
5.46
Revenue per Share
0.34
0.09
0.02
0.04
-0.4
0.02
0.05
0.44
0.43
0.15
0.2
0.32
-0.29
-0.24
-0.59
-0.56
-0.62
Basic EPS, GAAP
0.03
-0.44
0.33
-0.02
0.66
0.39
-0.46
0.39
0.59
0.38
0.47
0.13
-0.35
0.4
-0.66
-0.23
-0.3
Free Cash Flow per Basic Share
0.08
0.11
0.21
0.24
0.23
0.13
0.1
0.1
0.12
0.1
0.07
0.08
0.11
0.02
0.02
0.04
0.03
Dividend per Share
1.71
1.73
1.77
1.79
1.38
1.12
1.41
1.9
2.21
2.25
2.43
2.62
2.23
2.02
1.43
0.9
1.24
Book Value per Share
1.96
1.97
1.81
1.83
1.39
1.71
1.57
2.12
2.47
2.55
2.8
3.06
2.68
2.45
1.82
1.26
1.64
Tangible Book Value per Share
1,773
1,806
1,776
1,769
1,761
2,619
2,947
2,743
2,785
2,851
2,790
2,871
2,875
2,838
2,845
2,781
2,799
Basic Weighted Avg Shares
12,858
14,308
13,136
15,651
14,373
12,453
14,463
17,988
20,777
21,117
20,297
26,154
21,558
20,321
18,097
15,661
15,282
Sales/Revenue/Turnover
6.25
2.42
-2
-2.23
-2.45
-2.63
4.12
11.37
9.13
3.97
4.07
5.02
-4.06
-3.6
-8.94
-9.11
-9.74
Operating Margin (%)
354
371
432
431
470
478
493
603
601
618
607
736
782
520
564
571
- -
Depreciation Expense
596
156
44
76
-713
48
134
1,207
1,197
428
558
919
-834
-681
-1,678
-1,557
-1,735
Net Income, GAAP
14.79
19.22
1.41
- -
- -
20.69
40.94
30.22
27.12
27.77
26.64
24
- -
- -
- -
- -
- -
Effective Tax Rate (%)
4.64
1.09
0.33
0.49
-4.96
0.38
0.93
6.71
5.76
2.03
2.75
3.51
-3.87
-3.35
-9.27
-9.94
-11.35
Profit Margin (%)
-80
515
-2,175
-3,271
-4,520
-2,172
-3,705
-1,707
-1,979
-1,034
-147
469
-913
-1,949
-2,641
-5,535
-4,010
Working Capital
101
1,587
1,512
1,577
1,473
1,479
1,454
1,695
1
65
801
601
838
1,432
3,197
2,273
2,566
LT Debt
3,718
3,845
3,819
3,827
3,086
5,103
5,222
6,387
7,446
7,749
8,277
9,251
8,146
7,423
5,627
4,019
5,039
Total Equity
12.51
3.71
-2.8
- -
- -
-2.74
3.51
14.21
13.08
5.85
6.08
9.23
- -
- -
- -
- -
- -
Return on Invested Capital (%)
14.67
4.97
3.78
- -
- -
4.72
4.48
15.73
14.69
5.91
7.02
10.77
- -
- -
- -
- -
- -
Return on Capital (%)
21.39
5.08
1.39
2.42
-25.51
1.78
3.78
25.73
21.03
6.8
8.46
12.85
-11.97
-11.21
-34.27
-47.5
-39.9
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
601
1,073
1,544
LT Borrowings
3,142
3,130
2,539
LT Finance Leases
54
41
27
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,852
2,852
2,852
Market Capitalization
5,201
4,786
4,870

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
3,572
3,502
3,286
Cash, Cash Equivalents & STI
1,326
1,437
1,368
Accounts Receivable, Net
47
28
52
Inventories
1,622
1,226
1,104
Total Current Liabilities
6,212
6,458
7,296
Payables & Accruals
- -
- -
- -
ST Debt
601
1,073
1,544
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.97%
-12.36%
-28.57%
Free Cash Flow
-134.36%
-195.14%
-66.3%
Net Income, GAAP
94.24%
-1.05%
-7.22%
Sales/Revenue/Turnover
3.49%
-3.77%
-13.46%
Total Cash Common Dividend
0.38%
10.51%
58.46%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,185
5,008
3,692
4,213
18,097
2025
3,881
3,497
3,902
- -
15,661
2026
3,745
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.11
- -
- -
- -
-0.59
2025
-0.09
- -
- -
- -
-0.56
2026
-0.17
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.02
2025
0.01
- -
- -
- -
0.04
2026
0.01
- -
- -
- -
- -
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Business
Lingyuan Iron & Steel Co., Ltd. manufactures and distributes iron and steel products through smelting, rolling, and related metallurgical processes in China. The company produces hot-rolled round steel, screw-thread steel also known as rebar, medium and wide hot-rolled strips or coils, wire rods, welded steel pipes, and bars; it also engages in mining, washing, and deep processing of iron ore, as well as construction engineering design, road services, and equipment maintenance. Lingyuan Iron & Steel operates primarily from its headquarters in Lingyuan, Liaoning province, China, where it was founded in 1994, and maintains production facilities focused on ferrous metals for domestic markets including construction and infrastructure sectors. In recent developments, Ansteel Group progressively acquired control of the company, securing a 49% stake in 2023 from SASAC and increasing to a 56% controlling interest by October 2024, with official integration and registration as part of Ansteel completed in December 2024.