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    Basic Materials

  3. •

    Steel
Maanshan Iron & Steel Company Limited

Maanshan Iron & Steel Company Limited

MAANF
Maanshan Iron & Steel Company LimitedUS flagOther OTC
0.25
USD
- -
- -
2.72BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.58
8.13
5.86
6.27
9.51
10.64
10.16
10.6
14.78
13.7
12.67
10.71
11.14
13.29
Basic EPS, GAAP
0.02
0.03
-0.62
0.16
0.54
0.77
0.15
0.26
0.69
-0.11
-0.17
-0.61
-0.03
-0.04
Free Cash Flow per Basic Share
-0.06
0.04
0.4
0.32
0.4
1.47
0.39
-0.55
1.19
-0.23
-0.56
-0.09
0.31
-0.42
Dividend per Share
0.17
0.18
0.14
0.13
0.12
0.33
0.42
0.17
0.21
0.42
0.09
0.08
0.06
0.07
Book Value per Share
1.42
1.52
0.82
0.98
1.47
1.96
1.77
1.96
2.51
2.13
1.87
1.31
1.4
2.3
Tangible Book Value per Share
3.09
3.27
2.45
2.63
3.29
3.91
3.75
3.99
4.63
4.22
3.91
3.34
4.95
8.16
Basic Weighted Avg Shares
7,707
7,354
7,700
7,700
7,700
7,701
7,701
7,700
7,701
7,458
7,807
7,638
6,960
4,237
Sales/Revenue/Turnover
73,849
59,821
45,109
48,275
73,228
81,952
78,263
81,614
113,851
102,154
98,938
81,817
77,525
56,322
Operating Margin (%)
1.99
3.21
-6.11
5.82
9.4
10.24
2.95
3.91
7.19
0.27
-0.55
-3.67
2.07
1.94
Depreciation Expense
3,859
3,658
3,467
3,443
3,609
3,914
3,319
3,165
3,232
3,281
3,812
4,512
4,093
- -
Net Income, GAAP
157
221
-4,804
1,229
4,129
5,943
1,128
1,983
5,332
-858
-1,327
-4,659
-209
-181
Effective Tax Rate (%)
35.45
48.44
- -
8.17
12.68
14.33
25.41
16.32
14.57
- -
- -
- -
119.42
38.28
Profit Margin (%)
0.21
0.37
-10.65
2.55
5.64
7.25
1.44
2.43
4.68
-0.84
-1.34
-5.69
-0.27
-0.32
Working Capital
-8,492
-7,819
-9,571
-9,132
-4,020
-1,348
-3,554
-5,660
-3,556
-14,834
-22,013
-25,374
-16,462
-17,533
LT Debt
8,388
8,672
10,635
9,151
6,976
4,024
3,880
3,931
6,024
8,288
7,161
5,822
3,386
1,873
Total Equity
25,699
25,889
20,742
22,081
27,237
31,992
30,841
32,611
37,411
33,331
32,280
27,321
36,238
36,332
Return on Invested Capital (%)
1.79
1.97
- -
6.03
13.69
14.78
3.34
5.13
12.95
- -
- -
- -
-0.61
- -
Return on Capital (%)
2.27
2.25
- -
6.63
12.98
16.15
3.01
5.04
13.09
- -
- -
- -
-1.3
0.51
Return on Common Equity (%)
1.43
1.99
-54.96
17.76
43.8
44.94
7.84
13.8
30.97
-4.87
-8.71
-37.88
-2.12
-1.85

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
13,132
13,838
LT Borrowings
- -
3,049
1,539
LT Finance Leases
- -
336
334
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
7,701
7,701
Market Capitalization
16,929
16,377
8,770

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
24,856
24,992
Cash, Cash Equivalents & STI
- -
11,770
12,147
Accounts Receivable, Net
- -
2,817
2,068
Inventories
- -
7,410
8,092
Total Current Liabilities
- -
41,318
42,525
Payables & Accruals
- -
- -
- -
ST Debt
- -
13,132
13,838
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.74%
3.59%
32.64%
Free Cash Flow
-80.46%
-151.67%
-399.6%
Net Income, GAAP
41.22%
52.63%
-95.52%
Sales/Revenue/Turnover
7.39%
0.71%
-5.25%
Total Cash Common Dividend
13.44%
1.1%
-22.79%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20,392
22,616
18,506
20,304
81,817
2025
19,425
18,651
- -
19,953
77,525
2026
17,718
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
- -
- -
- -
-0.61
2025
-0.02
- -
- -
- -
-0.03
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.08
2025
0.02
- -
- -
- -
0.06
2026
0.02
- -
- -
- -
- -

Company Description

APIChat
CEO
Yuxiang Jiang
Full Time Employees
16,631
Sector
Basic Materials
Industry
Steel
Address
No. 8, Jiu Hua Xi Road Maanshan People's Republic of China 243003
IPO Date
Mar 5, 1996
Website
magang.com.hk
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Business
Maanshan Iron & Steel Company Limited manufactures and sells iron and steel products and related by-products in the People's Republic of China. Founded in 1953 and headquartered in Maanshan, Anhui Province, the company operates as one of the largest integrated steel producers in China, utilizing blast furnace, basic oxygen furnace, and electric arc furnace technologies; its core products encompass four principal categories including steel plates such as hot-rolled thin plates for construction, automobiles, bridges, and petroleum transportation, cold-rolled thin plates for appliances and auto parts, galvanized plates for automotive and construction applications, coil-coating plates for building exteriors and steel windows, and medium plates for shipbuilding, boilers, and pressure vessels; section steel comprising H-shaped steel recognized with the Golden Cup Prize for use in construction, steel structures, machinery, petroleum platforms, and railways, along with common medium-shaped steel for shipbuilding and machinery; wire rods featuring high-speed wire materials for robust fasteners, pre-stressing strands, and spring wires, plus hot-rolled reinforcing steel bars for armored concrete construction; and train wheels and wheel rims honored as a Famous Brand of China for railway transport, port machinery, petrochemical, and aerospace sectors, supported by core patents in high-speed railroad wheels and advanced quality certifications including ISO9000:2000, AAR, JIS, DIN, ASTM, and CARES. The company distributes its products domestically and internationally, with involvement in ferrous metallurgy extended processing, coke and chemical products, metallic goods, rail equipment like axles and bogies, as well as trading in steel, pig iron, iron ore, fines, and scrap. In 2025, Baoshan Iron & Steel invests 9 billion yuan to acquire a 49% stake in the company's loss-making subsidiary Maanshan Steel Co., Ltd., reducing the parent's holding from 100% to 51% while retaining control, optimizing capital structure, enhancing competitiveness through synergies in management and resources, and bolstering regional market influence.

Company News

APIChat

  • defenseworld.net

    Maanshan Iron & Steel (MAANF) Expected to Announce Quarterly Earnings on Friday