Anhui Honglu Steel Construction (Group) Co., Ltd Class A

Anhui Honglu Steel Construction (Group) Co., Ltd Class A

SSZSE:002541
20.25
CNY
-0.27
(-1.32%)
1.02EPS
16.43P/E
11.95BMarket 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
9.47
8.01
6.11
6.24
7.39
11.5
15.83
19.81
37.16
28.85
34.13
31.2
32.17
34.23
Basic EPS, GAAP
0.32
0.26
0.34
0.25
0.31
0.61
0.82
1.18
2.19
1.69
1.71
1.12
0.92
1.05
Free Cash Flow per Basic Share
-0.72
-0.29
-0.3
-0.14
-0.9
0.32
-0.71
-1.58
-3.55
-1.82
-0.84
-1.09
0.12
- -
Dividend per Share
0.17
0.22
0.21
0.16
0.13
0.14
0.18
0.25
0.43
0.53
0.64
0.97
0.79
0.58
Book Value per Share
4.29
4.52
4.82
5.64
5.92
6.5
7.22
8.78
10.54
11.97
13.32
13.93
14.47
14.82
Tangible Book Value per Share
3.82
4.05
4.4
5.27
5.38
5.53
6.1
7.61
9.16
10.45
11.82
12.42
12.96
13.3
Basic Weighted Avg Shares
521
528
522
580
681
685
679
679
525
688
690
690
686
687
Sales/Revenue/Turnover
4,930
4,225
3,193
3,621
5,033
7,874
10,755
13,451
19,515
19,848
23,539
21,514
22,068
23,527
Operating Margin (%)
6.99
10
8.23
9.49
7.64
7.22
7.85
8.99
8.61
7.84
7
5.74
5.34
5.68
Depreciation Expense
99
117
122
123
133
168
237
280
347
424
553
716
810
- -
Net Income, GAAP
166
138
177
146
210
416
559
799
1,150
1,163
1,179
772
631
725
Effective Tax Rate (%)
21.01
19.19
16.23
27.41
25.81
22.5
17.54
21.85
23.94
17.31
15.03
6.88
20.23
23.49
Profit Margin (%)
3.36
3.27
5.54
4.03
4.16
5.28
5.2
5.94
5.89
5.86
5.01
3.59
2.86
3.08
Working Capital
697
766
960
2,236
1,731
1,448
1,011
3,356
4,574
4,633
5,536
5,878
4,101
5,406
LT Debt
50
97
- -
47
44
262
109
2,029
3,006
3,625
4,850
5,313
3,549
4,812
Total Equity
2,244
2,363
2,521
3,838
4,030
4,423
4,916
5,978
7,271
8,260
9,194
9,614
9,984
10,231
Return on Invested Capital (%)
3.78
3.32
1.48
2.92
2.26
4.8
9.46
9.99
10.6
9
7.99
4.59
3.48
3.58
Return on Capital (%)
7.54
7.53
7.53
4.88
5.27
8.88
9.9
10.56
11.58
10.44
9.48
6.35
4.84
4.92
Return on Common Equity (%)
7.64
5.99
7.24
4.58
5.33
9.84
11.97
14.67
17.36
14.97
13.51
8.21
6.44
7.25

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,635
6,472
6,459
LT Borrowings
3,549
4,185
4,812
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
690
690
690
Market Capitalization
11,344
14,166
11,951

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17,784
18,299
19,376
Cash, Cash Equivalents & STI
2,273
2,491
3,227
Accounts Receivable, Net
3,005
2,556
2,766
Inventories
11,280
12,024
12,219
Total Current Liabilities
13,683
13,408
13,970
Payables & Accruals
- -
- -
- -
ST Debt
5,635
6,472
6,459
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.47%
10.99%
3.85%
Free Cash Flow
19.1%
-18.52%
-110.71%
Net Income, GAAP
19.58%
-1.27%
-18.27%
Sales/Revenue/Turnover
22.99%
11.87%
2.57%
Total Cash Common Dividend
20.47%
29.5%
-18.56%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,427
5,899
5,562
5,627
21,514
2025
4,815
5,735
- -
6,151
22,068
2026
5,242
6,399
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.29
0.33
0.33
0.17
1.12
2025
0.2
0.22
- -
0.2
0.92
2026
0.21
0.42
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.6
0.17
0.12
0.97
2025
0.09
0.27
- -
0.08
0.79
2026
0.12
0.12
- -
- -
- -

Company Description

CEO
Bin Liu
Full Time Employees
26,927
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Honglu Building Hefei AN China 231131
IPO Date
Jan 18, 2011
Business
Anhui Honglu Steel Construction (Group) Co., Ltd. Anhui Honglu Steel Construction(Group) Co., Ltd. is a China-based manufacturer and seller of steel structures and enclosure systems serving industrial, commercial, and infrastructure sectors worldwide. The company produces steel structure systems including space frames, high-rise building frameworks, bridges, petrochemical pipe racks, airport terminals, railway stations, and industrial plants; enclosure products such as sandwich panels, floor decking, C and Z steel purlins; welding wires including ER70S-6 copper-coated MIG and flux-cored variants; metal building materials; and intelligent welding robots, JCOE pipes, with supplementary steel structure prefabricated construction engineering and general contracting services. Anhui Honglu Steel Construction (Group) Co., Ltd. operates ten major production bases across Hefei, Guoyang, Yingshang, Jinzhai, Xuancheng, Bengbu in Anhui province, Tuanfeng in Hubei, Nanchuan in Chongqing, and Ruyang in Henan, covering over 5 million square meters with annual capacity exceeding 6 million tons of steel structures and 30 million square meters of slabs; its products reach more than 37 countries primarily in North America, South America, Europe, Asia, Africa, and Oceania, targeting clients in public rental housing, commercial centers, large venues, and smart city projects. Founded in 2002 and listed on the Shenzhen Stock Exchange in 2011 (002541.SZ), the company maintains headquarters in Hefei's Shuangfeng Development Zone, Anhui Province, and employs over 26,000 staff with nearly 300 patents in prefabricated buildings, equipment automation, and steel fabrication technologies. Recent developments include a framework cooperation agreement in 2025 between subsidiary Qianjiang Robot of partner Aishida and Honglu for equipment procurement to enhance intelligent manufacturing; a September 2025 contract by wholly-owned subsidiary Anhui Hongxiang Building Materials for 458 million yuan in finished steel structures; and cumulative new sales contracts of 22.267 billion yuan in the first three quarters of 2025, up 1.56% year-over-year, alongside sustained emphasis on green building innovations, high-rise steel integration, and intelligent garage systems as detailed in its 2025 semi-annual report.