Angang Steel Company Limited logo

Angang Steel Company Limited

0347.HK

HKSEBasic MaterialsSteel

Latest quote

HK$1.15

+HK$0.01 · +0.88%

Aug 25, 10:31 AM HKT

0347.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Established in Anshan, China, in 1997, Angang Steel Company Limited is a major enterprise primarily involved in the manufacturing, processing, and global distribution of steel products. Its extensive catalog includes hot rolled sheets, medium and thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails, sections, seamless steel pipes, and wire rods. Beyond its core steel operations, the company undertakes ferrous metal smelting, steel pressing, and specialized processing. Angang Steel also diversifies into the sale of various metal and building materials, provides wholesale and retail purchasing services, and is engaged in the development of metallurgical technologies and related equipment. Furthermore, the company handles the import, export, wholesale, and retail of technology products. Its interests extend to the energy sector, encompassing the purification of cooking gas, production of coal products and dissolved acetylene, and the sale of compressed and liquefied gases. The company's steel products are critical components across numerous industries, such as machinery, metallurgy, petroleum, chemicals, coal, electricity, railways, shipbuilding, automotive, construction, home appliances, and aviation. The entity, which exports its goods internationally, formally adopted its current name, Angang Steel Company Limited, in June 2006, having previously been known as Angang New Steel Company Limited.

Industry
Steel
Sector
Basic Materials
Headquarters
CN
CEO
Tian Yong
Listed since
Jul 24, 1997
Employees
23,990

Market position

Day range

Current HK$1.15

52-week range

Current HK$1.15

Open
HK$1.14
Previous close
HK$1.14
Volume
897.6K
0.13× average
Average volume
7.13M
Average daily volume
Market cap
15.25B HKD
Beta
1.14
Market reference 1
50-day average
HK$1.1596
-0.83% below average
200-day average
HK$1.5997
-28.11% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
26.23B CNY
P/E (TTM)
-3.75×
P/B (TTM)
0.45×
P/S (TTM)
0.2×
EV / EBITDA
32.82×
Earnings yield
-25.57%
Free cash flow yield
-17.89%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-2.19%
Operating margin
-5.07%
Net margin
-5.35%
Return on equity
-9.27%
Return on assets
-4.24%
Return on invested capital
-6.30%

Financial health

Debt / equity
0.81×
Current ratio
0.56×
Altman Z-score
0.57
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends11%5%-2%-8%Gross margin, FY2021: 9.69%Gross margin, FY2022: 2.33%Gross margin, FY2023: -0.47%Gross margin, FY2024: -3.54%Gross margin, FY2025: -1.25%Operating margin, FY2021: 6.57%Operating margin, FY2022: -0.37%Operating margin, FY2023: -3.66%Operating margin, FY2024: -6.62%Operating margin, FY2025: -3.97%Net margin, FY2021: 5.10%Net margin, FY2022: 0.12%Net margin, FY2023: -2.87%Net margin, FY2024: -6.78%Net margin, FY2025: -4.24%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 9.69%. Gross margin FY2022 2.33%. Gross margin FY2023 -0.47%. Gross margin FY2024 -3.54%. Gross margin FY2025 -1.25%. Operating margin FY2021 6.57%. Operating margin FY2022 -0.37%. Operating margin FY2023 -3.66%. Operating margin FY2024 -6.62%. Operating margin FY2025 -3.97%. Net margin FY2021 5.10%. Net margin FY2022 0.12%. Net margin FY2023 -2.87%. Net margin FY2024 -6.78%. Net margin FY2025 -4.24%.

Income trends

Revenue

96.05B CNY-8.61%

Operating income

−3.81B CNY+45.20%

Net income

−4.07B CNY+42.88%
Income trends across reported periods151.05B CNY93.54B CNY36.02B CNY−21.5B CNYRevenue, FY2021: 136.67B CNYRevenue, FY2022: 131.07B CNYRevenue, FY2023: 113.5B CNYRevenue, FY2024: 105.1B CNYRevenue, FY2025: 96.05B CNYOperating income, FY2021: 8.99B CNYOperating income, FY2022: −481M CNYOperating income, FY2023: −4.15B CNYOperating income, FY2024: −6.95B CNYOperating income, FY2025: −3.81B CNYNet income, FY2021: 6.96B CNYNet income, FY2022: 156M CNYNet income, FY2023: −3.26B CNYNet income, FY2024: −7.12B CNYNet income, FY2025: −4.07B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 136.67B CNY. Revenue FY2022 131.07B CNY. Revenue FY2023 113.5B CNY. Revenue FY2024 105.1B CNY. Revenue FY2025 96.05B CNY. Operating income FY2021 8.99B CNY. Operating income FY2022 −481M CNY. Operating income FY2023 −4.15B CNY. Operating income FY2024 −6.95B CNY. Operating income FY2025 −3.81B CNY. Net income FY2021 6.96B CNY. Net income FY2022 156M CNY. Net income FY2023 −3.26B CNY. Net income FY2024 −7.12B CNY. Net income FY2025 −4.07B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue96.05B CNY105.1B CNY113.5B CNY131.07B CNY136.67B CNY
Cost of goods sold97.26B CNY108.83B CNY114.04B CNY128.02B CNY123.43B CNY
Gross profit−1.2B CNY−3.72B CNY−535M CNY3.05B CNY13.24B CNY
Research and development478M CNY468M CNY493M CNY727M CNY640M CNY
Selling, general, and administrative627M CNY737M CNY2.32B CNY1.9B CNY863M CNY
Operating expenses2.61B CNY3.23B CNY3.61B CNY3.62B CNY3.69B CNY
Interest income46M CNY56M CNY69M CNY68M CNY79M CNY
Interest expense332M CNY285M CNY91M CNY391M CNY576M CNY
Depreciation and amortization4.36B CNY4.1B CNY3.78B CNY3.84B CNY3.98B CNY
Operating income−3.81B CNY−6.95B CNY−4.15B CNY−481M CNY8.99B CNY
Net income−4.07B CNY−7.12B CNY−3.26B CNY156M CNY6.96B CNY

Company facts updated Aug 25, 2026.

Earnings

EPS beat rate
30%
3 beats, 5 misses, 2 met estimates
Average EPS surprise
-26.35%
10 comparable reports
Latest EPS result
-0.18

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.05-0.13-0.21-0.29Q4 '24MissQ1 '25MetQ2 '25BeatQ3 '25MetQ3 '25BeatQ1 '26MissQ2 '26No estimateQ3 '26Estimate
Q4 2024, reported Oct 31, 2024: actual -0.25, estimate -0.146, surprise -71.81%, Miss. Q1 2025, reported Mar 30, 2025: actual -0.102, estimate -0.102, surprise 0.00%, Met estimate. Q2 2025, reported Apr 29, 2025: actual -0.063, estimate -0.155, surprise +59.16%, Beat. Q3 2025, reported Aug 26, 2025: actual -0.122, estimate -0.122, surprise 0.00%, Met estimate. Q3 2025, reported Sep 30, 2025: actual -0.105, estimate -0.145, surprise +28.02%, Beat. Q1 2026, reported Mar 30, 2026: actual -0.241, estimate -0.129, surprise -86.68%, Miss. Q2 2026, reported Apr 29, 2026: actual -0.177, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 27, 2026: actual —, estimate -0.079, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates52.47B40.71B28.95B17.2BQ4 '24MissQ1 '25MissQ2 '25BeatQ3 '25BeatQ3 '25MissQ1 '26MissQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Oct 31, 2024: actual 26.35B HKD, estimate 42.65B HKD, surprise -38.23%, Miss. Q1 2025, reported Mar 30, 2025: actual 27.5B HKD, estimate 29.28B HKD, surprise -6.06%, Miss. Q2 2025, reported Apr 29, 2025: actual 26.89B HKD, estimate 21.23B HKD, surprise +26.67%, Beat. Q3 2025, reported Aug 26, 2025: actual 25.73B HKD, estimate 19.63B HKD, surprise +31.09%, Beat. Q3 2025, reported Sep 30, 2025: actual 26.76B HKD, estimate 36.08B HKD, surprise -25.83%, Miss. Q1 2026, reported Mar 30, 2026: actual 25.55B HKD, estimate 27.4B HKD, surprise -6.75%, Miss. Q2 2026, reported Apr 29, 2026: actual 25.03B HKD, estimate 23.66B HKD, surprise +5.78%, Beat. Q3 2026, reported Aug 27, 2026: actual —, estimate 50.04B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.0076

2023 complete year-96.1% since 2019

Corporate action history

Dividend

Ex-dividend Jun 1, 2023

HK$0.0076

Annual

Record Jun 2, 2023 · Payment Jun 27, 2023

Dividend

Ex-dividend May 31, 2022

HK$0.259

Annual

Record Jun 1, 2022 · Payment Jun 23, 2022

Dividend

Ex-dividend May 31, 2021

HK$0.101

Annual

Record Jun 1, 2021 · Payment Jun 23, 2021

Dividend

Ex-dividend Jun 1, 2020

HK$0.062

Annual

Record Jun 2, 2020 · Payment Jun 30, 2020

Dividend

Ex-dividend May 30, 2019

HK$0.1925

Annual

Record May 31, 2019 · Payment Jun 27, 2019

Dividend

Ex-dividend Jun 7, 2018

HK$0.2183

Annual

Record Jun 8, 2018 · Payment Jun 29, 2018

0347.HK peers

ETFs holding 0347.HK

Funds reporting this stock among their holdings, ordered by reported position size.

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