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    Non-energy minerals

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    Steel
Maanshan Iron & Steel Co. Ltd. Class A

Maanshan Iron & Steel Co. Ltd. Class A

2.33
CNY
+0.03
(+1.30%)
19.25BMarket Cap
Oct 29Next Earn
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
- -
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
- -
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
- -
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
0.03
Book Value per Share
3
3.03
2.4
2.57
3.1
3.66
3.5
3.69
4.25
3.76
3.58
3
3.12
3.11
Tangible Book Value per Share
2.76
2.79
2.15
2.33
2.86
3.42
3.24
3.44
4.03
3.51
3.36
2.77
2.88
2.88
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
6,835
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
- -
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
- -
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
- -
Effective Tax Rate (%)
35.45
48.44
- -
8.17
12.68
14.33
25.41
16.32
14.57
- -
- -
- -
119.42
- -
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
- -
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
-17,089
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
1,412
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
36,254
Return on Invested Capital (%)
-0.68
0.06
- -
2.57
11.24
14.24
2.65
4.61
11.65
- -
- -
- -
-0.06
- -
Return on Capital (%)
1.75
1.71
- -
4.73
9.25
11.79
2.23
3.74
9.81
- -
- -
- -
-0.95
- -
Return on Common Equity (%)
0.68
0.95
-23.01
6.43
18.91
22.83
4.09
7.17
17.44
-2.77
-4.66
-18.26
-0.88
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
13,132
13,838
12,984
LT Borrowings
3,049
1,539
1,371
LT Finance Leases
336
334
41
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,701
7,701
7,701
Market Capitalization
32,497
28,878
19,252

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
24,856
24,992
25,259
Cash, Cash Equivalents & STI
11,770
12,147
12,938
Accounts Receivable, Net
2,817
2,068
2,204
Inventories
7,410
8,092
7,320
Total Current Liabilities
41,318
42,525
42,347
Payables & Accruals
- -
- -
- -
ST Debt
13,132
13,838
12,984
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

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

CNY

•

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
19,506
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
-0.11
-0.18
-0.28
-0.61
2025
-0.02
0.01
- -
-0.04
-0.03
2026
0.01
-0.01
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.02
0.08
2025
0.02
0.02
- -
0.01
0.06
2026
0.02
0.01
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ming Fu
Full Time Employees
16,780
Sector
Non-energy minerals
Industry
Steel
Address
No. 8, Jiu Hua Xi Road Maanshan AN China 243003
IPO Date
Nov 3, 1993
Website
magang.com.cn
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Business
Maanshan Iron & Steel Company Limited is a leading Chinese iron and steel producer principally engaged in the manufacture and sale of a diversified range of iron and steel products. The company's core product portfolio includes four main series: excellent special steel, wheels and axles, long products, and plates. Specific products comprise automobile plates, household appliance plates, high-speed wheels, H-section steel, cold heading steel, hot-rolled and cold-rolled thin plates, galvanized plates, coil-coating plates, medium plates, H-shaped steel, medium-shaped steel, high-speed wire rods, hot-rolled reinforcing steel products, train wheels, wheel rims, and other rail equipment. It also produces ferrous metallurgy products, screw threaded steels, round and section steels, angle and deformed steels, wires, rods, and coke and coke chemical products. The company supports industries including automotive, construction, and machinery with high-value, technologically advanced steel products. Founded in 1953 and headquartered in Maanshan City, Anhui Province, China, Maanshan Iron & Steel operates primarily within Mainland China, Hong Kong, and international markets. It is a subsidiary of China Baowu Steel Group Co., Ltd., positioning it within one of China's largest steel conglomerates. The company maintains a steel production capacity of approximately 23 million tons and employs around 22,000 people. In recent developments, Maanshan Iron & Steel has focused on enhancing its high-end product offerings and strategic product development, successfully launching more than 30 new special steel products with high added value, including hot-rolled H beams for high-temperature tank support structures and wheels designed for cold area locomotives. The company has undertaken capacity replacement projects with significant infrastructure investments, notably completing two phase projects of new basic oxygen furnaces (BOFs) by mid-2023 and late 2024, which support operational efficiency and capacity modernization. In 2024, Maanshan Iron & Steel also engaged in strategic equity adjustments, reducing its holding in Maanshan Steel Co., Ltd. to 51% while securing investment from Baoshan Iron & Steel, which acquired 49% equity to optimize capital structure and strengthen financial capacity. This partnership aims to leverage Baoshan's resources for innovation in management and business models, enhancing Maanshan's competitiveness amid industry challenges. The company recently implemented a share repurchase to address performance-related stock conditions. Maanshan Iron & Steel reported annual revenues of approximately RMB 81.8 billion in 2024 but faced net income losses reflecting industry downturn pressures. Despite financial challenges, the company maintains a strong technological base and market position, emphasizing sustainable development and innovation in steel manufacturing processes and product quality enhancements. Overall, Maanshan Iron & Steel Company Limited remains a significant steel manufacturer with comprehensive product lines serving diverse industrial sectors, supported by recent strategic investments, capacity upgrades, and a focus on advanced high-value steel products across its geographic footprint in China and abroad.

Company News

Company News APIChatGPT

  • defenseworld.net

    Maanshan Iron & Steel (OTCMKTS:MAANF) Stock Jumps 13.1% – Here’s Why

  • defenseworld.net

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