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Chongqing Iron & Steel Co., Ltd. Class H ( (HK:1053) ) just unveiled an announcement.
Chongqing Iron & Steel Co., Ltd. reported audited net profit attributable to the parent of RMB -2,507 million for 2025, leaving unappropriated profit at a negative RMB -14,842 million at year-end, and the board has proposed no profit distribution or capital reserve-to-share-capital transfer for the period under its Articles of Association. The annual results received a standard unqualified audit opinion from Deloitte Touche Tohmatsu, and all directors attended the board meeting, underscoring formal governance compliance amid continued earnings pressure that limits returns to shareholders.
The most recent analyst rating on (HK:1053) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Chongqing Iron & Steel Co., Ltd. Class H stock, see the HK:1053 Stock Forecast page.
More about Chongqing Iron & Steel Co., Ltd. Class H
Chongqing Iron & Steel Co., Ltd. operates in the ferrous metal smelting and rolling processing industry, focusing on the manufacture and sale of hot rolled sheets, medium plates, billets, steel by-products, coke, coal chemical products and water granulated slag. The company has an annual steel production capacity of 10 million tonnes, supported by major production lines including 4,100mm wide and thick plate, 2,700mm medium plate and 1,780mm hot rolled sheet facilities.
YTD Price Performance: -4.24%
Average Trading Volume: 16,853,816
Technical Sentiment Signal: Hold
Current Market Cap: HK$14.08B
For a thorough assessment of 1053 stock, go to TipRanks’ Stock Analysis page.