Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An update from Angang Steel Co ( (HK:0347) ) is now available.
Angang Steel Company Limited reported operating income of RMB96.05 billion for 2025 but posted a total loss of RMB3.89 billion, with net loss attributable to shareholders reaching RMB4.07 billion and basic earnings per share declining to a negative RMB0.434 from negative RMB0.759 a year earlier. The results, prepared under PRC Accounting Standards, underscore ongoing profitability pressures, while renewed framework agreements with related Angang entities for mutual supply of goods and services and the provision of financial services from 2025 to 2027 highlight the company’s continued operational and financial integration within the wider Angang Group structure.
The Mutual Supply of Goods Framework Agreement and Mutual Supply of Services Framework Agreement for 2025–2027 formalize intra-group trading arrangements approved at an extraordinary general meeting in December 2024, indicating a planned continuity of shared resources and services in the coming years. In parallel, the 2025–2027 Financial Services Agreement with Angang Group Financial Company Limited is set to centralize certain financial operations, which may support liquidity management and cost efficiencies but also reinforces reliance on group-affiliated financial channels.
The most recent analyst rating on (HK:0347) stock is a Sell with a HK$2.00 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
More about Angang Steel Co
Angang Steel Company Limited is a major Chinese steel producer listed in Hong Kong, operating within the iron and steel industry through a group structure that includes multiple subsidiaries. Its controlling shareholder is Anshan Iron & Steel Co. Ltd., while Angang Group Company Limited acts as the de facto controller, anchoring the company within a larger state-linked steel conglomerate.
YTD Price Performance: -19.58%
Average Trading Volume: 16,611,962
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$23.47B
For an in-depth examination of 0347 stock, go to TipRanks’ Overview page.