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Angang Steel Co
(0347)
Angang Steel Co (0347) vs. iShares MSCI Hong Kong ETF (EWH)
Angang Steel Co Business Overview & Revenue Model
Angang Steel Co Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 98.25B | 105.10B | 113.50B | 131.07B | 136.67B | 100.90B |
| Gross Profit | -2.32B | -3.72B | -535.00M | 3.05B | 13.24B | 9.30B |
| EBITDA | -5.07B | -2.65B | -263.00M | 3.36B | 13.52B | 7.18B |
| Net Income | -5.58B | -7.12B | -3.26B | 156.00M | 6.96B | 1.98B |
Balance Sheet | ||||||
| Total Assets | 98.42B | 100.58B | 97.01B | 96.94B | 97.53B | 88.05B |
| Cash, Cash Equivalents and Short-Term Investments | 3.15B | 4.56B | 3.22B | 5.09B | 5.38B | 5.33B |
| Total Debt | 11.73B | 12.29B | 6.83B | 6.96B | 6.71B | 14.53B |
| Total Liabilities | 50.78B | 51.91B | 41.62B | 38.14B | 37.33B | 34.19B |
| Stockholders Equity | 46.61B | 47.68B | 54.76B | 58.14B | 59.67B | 53.37B |
Cash Flow | ||||||
| Free Cash Flow | -4.37B | -4.04B | -1.48B | 1.89B | 8.33B | 6.14B |
| Operating Cash Flow | 405.00M | -787.00M | 1.58B | 6.14B | 12.85B | 9.92B |
| Investing Cash Flow | -4.45B | -3.73B | -2.95B | -3.97B | -4.17B | -3.55B |
| Financing Cash Flow | 5.48B | 5.74B | -534.00M | -2.48B | -8.63B | -5.71B |
Angang Steel Co Technical Analysis
Angang Steel Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | HK$303.34M | 1.10 | 19.13% | ― | -13.26% | 63.38% | |
54 Neutral | $4.73B | 17.00 | 1.16% | 0.78% | -14.11% | ― | |
54 Neutral | $31.18B | -9.02 | -8.13% | ― | -10.10% | 10.40% | |
42 Neutral | HK$13.78B | ― | -12.42% | ― | -14.20% | 8.19% | |
41 Neutral | $26.15B | -4.29 | -8.39% | ― | -9.09% | 34.73% | |
40 Underperform | €1.06B | -2.36 | -15.58% | ― | -8.38% | -86.16% |
Angang Steel Co Corporate Events
Angang Steel Co., a prominent player in the steel manufacturing industry, is known for its high-end development strategy and innovative product offerings. In its third quarterly report for 2025, Angang Steel highlighted significant progress in market expansion, cost reduction, and technological innovation. The company reported a 2.86% increase in operating income for the quarter, although it faced a net loss of RMB 896 million attributable to shareholders. Despite these challenges, Angang Steel achieved notable advancements in product development and cost efficiency, including a reduction in logistics costs by 9.18% year-on-year and a decrease in steel production costs by RMB 90 per tonne compared to the previous year. The company also made strides in technological innovation, with several projects gaining national recognition and new products debuting in the global market. Looking ahead, Angang Steel remains focused on enhancing operational efficiency and expanding its market presence, with management optimistic about the company’s ability to navigate the challenging steel market conditions.
In its third quarterly report for 2025, Angang Steel Co highlighted significant progress in market expansion and cost reduction. The company exceeded its target for premium product sales and introduced new products like hot-rolled battery shell steel. It also achieved substantial growth in the sales of new energy vehicle silicon steel and automotive steel. Internationally, the company successfully exported 60-meter-long rails and improved its customer service standards. On the cost reduction front, Angang Steel implemented measures that led to a reduction in logistics costs by 9.18% and a decrease in steel production costs by RMB90 per tonne compared to the previous year.
The most recent analyst rating on (HK:0347) stock is a Hold 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.
Angang Steel Company Limited has announced a board meeting scheduled for October 30, 2025, to review and potentially approve the financial results for the nine months ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, impacting stakeholders and potentially influencing its market positioning.
The most recent analyst rating on (HK:0347) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
Angang Steel Co announced the successful passage of a resolution at its 2025 Third Extraordinary Shareholders’ Meeting held on September 19, 2025. The meeting, which complied with relevant legal and regulatory standards, saw participation from shareholders representing approximately 57.16% of the total voting shares. This development underscores the company’s commitment to adhering to governance protocols and maintaining shareholder engagement.
The most recent analyst rating on (HK:0347) stock is a Buy with a HK$2.43 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
Angang Steel Company Limited has announced the composition of its board of directors and the roles they will serve within the company’s committees. This update provides clarity on the leadership structure and strategic oversight, which is crucial for stakeholders to understand the company’s governance and decision-making processes.
The most recent analyst rating on (HK:0347) stock is a Buy with a HK$2.43 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
Angang Steel Company Limited has announced the convening of its 2025 third extraordinary shareholders’ meeting on September 19, 2025, in Anshan City, China. The key agenda of the meeting is to elect Mr. Tian Yong as an executive director for the tenth session of the Board. This decision is part of the company’s ongoing efforts to strengthen its leadership and governance structure, which could have implications for its strategic direction and operational efficiency.
The most recent analyst rating on (HK:0347) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
Angang Steel Co. Ltd, a prominent player in the steel pressing and processing industry, has released its interim financial results for the first half of 2025. The company, known for its extensive production of iron, steel, and rolled steel, operates primarily in China and has a significant presence in the global steel market.
Angang Steel Co. announced its interim financial results for the first half of 2025, reporting an operating income of RMB48,599 million but a total loss of RMB-1,069 million, with a net loss attributable to shareholders of RMB-1,144 million. Despite the challenging financial performance, the company continues to maintain its strategic agreements for mutual supply of commodities and services with its controlling shareholder, Angang Holding, which may influence its future operational stability and market positioning.
The most recent analyst rating on (HK:0347) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
Angang Steel Co., Ltd. has announced the appointment of Mr. Tian Yong as the new general manager, effective August 26, 2025, and his nomination as a candidate for executive director, pending shareholder approval. Mr. Tian, a seasoned engineer with extensive experience in the steel industry, is expected to bring strategic leadership to the company, potentially impacting its operations and market positioning positively.
The most recent analyst rating on (HK:0347) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
Angang Steel Co has outlined the terms of reference for its Remuneration and Appraisal Committee, emphasizing a structured approach to director and senior management compensation. The committee, primarily composed of independent non-executive directors, is tasked with recommending remuneration policies, reviewing management proposals, and ensuring fair compensation practices. This move aims to enhance corporate governance and align compensation with company goals, potentially impacting stakeholder confidence positively.
The most recent analyst rating on (HK:0347) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
Angang Steel Company Limited has outlined the terms of reference for its Nomination Committee, which will consist of at least three members, primarily independent non-executive directors. The committee is tasked with reviewing the board’s structure and composition, identifying qualified board candidates, assessing director independence, and making recommendations on director appointments and succession planning. This initiative aims to align the board’s capabilities with the company’s corporate strategy, enhancing governance and strategic oversight.
The most recent analyst rating on (HK:0347) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
Angang Steel Co has outlined the terms of reference for its Audit and Risk Committee, emphasizing the importance of independent oversight in its corporate governance. The committee, composed mainly of independent non-executive directors, is tasked with overseeing the appointment and performance of external auditors, ensuring audit processes are effective, and maintaining auditor independence. This move is likely to enhance transparency and accountability within the company, potentially boosting stakeholder confidence.
The most recent analyst rating on (HK:0347) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
Angang Steel Company Limited announced the resignation of Mr. Zhang Hongjun as Executive Director and General Manager, and Mr. Deng Qiang as Deputy General Manager, effective August 25, 2025, due to changes in work arrangements. Both individuals confirmed no disagreements with the board, and their departures are not expected to impact the company’s operations or board activities.
The most recent analyst rating on (HK:0347) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.
Angang Steel Co has announced the composition of its board of directors and the roles within its established committees. This organizational update is crucial for stakeholders as it outlines the leadership structure and governance, potentially impacting strategic decisions and operational oversight.
The most recent analyst rating on (HK:0347) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Angang Steel Co stock, see the HK:0347 Stock Forecast page.