Chongqing Iron & Steel Co., Ltd. Class H (HK:1053)
:1053
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Chongqing Iron & Steel Co., Ltd. Class H
(1053)
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Rating:44Neutral
Price Target:
HK$1.00
▼(-15.97% Downside)
Action:Reiterated
Date:05/01/26
The score is weighed down primarily by weak financial performance (persistent operating losses, near-zero gross margin, and negative free cash flow), with additional pressure from bearish technical signals (price below key moving averages and negative MACD). Valuation does not offset these risks because the negative P/E reflects ongoing losses and no dividend yield is available.
Positive Factors
Manageable leverage
A moderate debt-to-equity (around 0.26 TTM) gives the company balance-sheet flexibility relative to industry peers. Durable, manageable leverage reduces near-term default risk and preserves capacity to fund working capital or capex through cycles, supporting operational continuity over months.
Negative Factors
Persistent operating losses & thin margins
Near-zero gross margin and deeply negative operating margins signal the business struggles to cover production and overhead costs. Persistently weak profitability erodes competitive reinvestment capacity, limits pricing power, and raises the probability that operational fixes or structural change are required to restore sustainable returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Manageable leverage
A moderate debt-to-equity (around 0.26 TTM) gives the company balance-sheet flexibility relative to industry peers. Durable, manageable leverage reduces near-term default risk and preserves capacity to fund working capital or capex through cycles, supporting operational continuity over months.
Read all positive factors
Chongqing Iron & Steel Co., Ltd. Class H (1053) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$13.71B
Dividend YieldN/A
Average Volume (3M)15.32M
Price to Earnings (P/E)―
Beta (1Y)1.08
Revenue Growth-13.27%
EPS Growth4.42%
CountryHK
Employees5,506
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)-0.32
Shares Outstanding538,127,260
10 Day Avg. Volume14,519,660
30 Day Avg. Volume15,315,259
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)0.67
Price to Sales (P/S)0.39
P/FCF Ratio14.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Chongqing Iron & Steel Co., Ltd. Class H Business Overview & Revenue Model
Company Description
Chongqing Iron & Steel Company Limited, together with its subsidiaries, processes, produces, and sells steel plates and sections, wire rods, bar materials, and billets and thin plates in the People's Republic of China. The company is also involved...
How the Company Makes Money
The company primarily makes money by selling steel products it manufactures. Its core revenue stream is revenue from contracts with customers for finished steel products (i.e., the invoiced value of steel delivered to customers), with pricing and ...
Chongqing Iron & Steel Co., Ltd. Class H Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
56
Neutral
Cash Flow
34
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.28B | 24.00B | 27.24B | 39.32B | 36.56B | 39.85B |
| Gross Profit | 115.17M | 196.91M | -1.36B | -882.18M | -30.86M | 3.90B |
| EBITDA | -2.62B | -763.64M | ― | 218.44M | 565.80M | 4.00B |
| Net Income | -299.76M | -2.72B | ― | ― | ― | 2.27B |
Balance Sheet | ||||||
| Total Assets | 32.07B | 32.09B | 35.48B | 37.36B | 39.36B | 43.00B |
| Cash, Cash Equivalents and Short-Term Investments | 1.78B | 2.71B | 3.02B | 1.94B | 4.00B | 7.01B |
| Total Debt | 4.35B | 3.56B | 2.60B | 3.62B | 6.49B | 6.91B |
| Total Liabilities | 18.34B | 18.17B | 18.87B | 17.50B | 18.02B | 20.62B |
| Stockholders Equity | 13.72B | 13.91B | 16.61B | 19.85B | 21.34B | 22.38B |
Cash Flow | ||||||
| Free Cash Flow | -815.79M | 651.67M | 543.78M | 205.66M | -1.22B | 730.11M |
| Operating Cash Flow | 374.87M | 1.65B | 1.31B | 1.02B | 1.47B | 5.62B |
| Investing Cash Flow | -1.21B | -1.63B | -789.20M | -801.07M | -2.11B | -5.54B |
| Financing Cash Flow | -729.16M | -893.79M | 459.92M | -2.33B | -1.25B | 1.05B |
Chongqing Iron & Steel Co., Ltd. Class H Technical Analysis
Negative
1.19
Price Trends
1.15
Negative
1.17
Negative
1.27
Negative
Market Momentum
-0.02
Negative
43.02
Neutral
29.97
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1053, the sentiment is Negative. The current price of 1.19 is above the 20-day moving average (MA) of 1.10, above the 50-day MA of 1.15, and below the 200-day MA of 1.27, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 43.02 is Neutral, neither overbought nor oversold. The STOCH value of 29.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1053.
Chongqing Iron & Steel Co., Ltd. Class H Peers Comparison
UnderperformOutperform
Sector (61)
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% | |
58 Neutral | HK$9.97B | 9.75 | 5.40% | 1.90% | -2.31% | 12.27% | |
48 Neutral | HK$26.93B | 101.23 | -0.09% | ― | -4.43% | 99.48% | |
47 Neutral | HK$4.88B | 51.17 | 0.70% | 0.76% | -5.88% | 49.77% | |
44 Neutral | HK$13.71B | -12.31 | -18.53% | ― | -13.27% | 4.42% | |
43 Neutral | HK$20.97B | -2.14 | -11.13% | ― | -7.68% | 15.78% |
* Basic Materials Sector Average
HK:1053
Chongqing Iron & Steel Co., Ltd. Class H
1.06
0.22
26.19%
HK:0347
Angang Steel Co
1.35
-0.30
-18.18%
HK:0581
China Oriental Group Co
1.29
0.08
6.61%
HK:0323
Maanshan Iron & Steel Co
2.16
0.56
35.00%
HK:0826
Tiangong International Co. Ltd.
3.80
1.94
104.19%
Chongqing Iron & Steel Co., Ltd. Class H Corporate Events
Chongqing Iron & Steel Posts Q1 2026 Output and Sales Data
Apr 29, 2026
Chongqing Iron Steel reported unaudited operating figures for the first quarter of 2026, showing total steel plate and hot-rolled sheet production of 1.5157 million tonnes and sales of 1.494 million tonnes. The average selling price across these ...
Chongqing Iron & Steel Widens Quarterly Loss as Revenue and Cash Flow Weaken
Apr 29, 2026
Chongqing Iron Steel reported a sharp downturn for the first quarter of 2026, with revenue from operations falling 26.07% year-on-year to RMB 4.89 billion. The company’s total assets and shareholders’ equity were broadly stable compar...
Chongqing Iron & Steel Sets Board Meeting to Review Q1 2026 Results
Apr 16, 2026
Chongqing Iron Steel Company Limited, a major steel manufacturer based in Chongqing, operates through various subsidiaries to supply steel products for industrial and construction uses. Its board comprises executive, non-executive, and independen...
Chongqing Iron & Steel Posts 2025 Loss and Skips Dividend Amid Negative Reserves
Mar 30, 2026
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 o...
Chongqing Iron & Steel Unveils 2026 Plan to Lift Valuation and Shareholder Returns
Mar 30, 2026
Chongqing Iron Steel has approved a 2026 Valuation Improvement Plan and an Action Plan for Improving Quality and Efficiency and Increasing Returns, responding to regulatory requirements after its A‑share price traded below audited net asset...
Chongqing Iron & Steel Reports 2025 Output and Pricing Data
Mar 30, 2026
Chongqing Iron Steel Company Limited has disclosed its operating data for 2025, reporting total steel production of 7.1081 million tonnes and sales of 7.1199 million tonnes across its main product lines of medium plates, hot-rolled steel, and bil...
Chongqing Iron & Steel Books Heavy 2025 Asset Impairment, Cutting Profit by Over RMB2.4 Billion
Mar 30, 2026
Chongqing Iron Steel has approved a substantial asset impairment provision for 2025 after a comprehensive year-end review of its assets under Chinese accounting standards. The company assessed receivables, prepayments, inventories and long-term a...
Chongqing Iron & Steel Sets Board Meeting to Approve 2025 Annual Results
Mar 16, 2026
Chongqing Iron Steel Company Limited has scheduled a board meeting for 30 March 2026 to review and approve the annual results for the financial year ended 31 December 2025. The meeting will also address other potential matters, signaling the fort...
Chongqing Iron & Steel Shareholders Approve All Resolutions, Whitewash Waiver Granted
Mar 13, 2026
Chongqing Iron Steel Company Limited reported that its first extraordinary general meeting of 2026, along with separate class meetings for A shareholders and H shareholders, were held on 13 March 2026 in Chongqing, with all resolutions passed by ...
Chongqing Iron & Steel Sends Circular on Conditional A-Share Issue and Possible Cash Offer
Feb 25, 2026
Chongqing Iron Steel has despatched a detailed circular to shareholders outlining its proposed issuance of new A shares to a specific subscriber, a connected subscription by a substantial shareholder, and an associated whitewash waiver applicatio...
Chongqing Iron & Steel Calls EGM to Approve Targeted A-Share Issuance and Dividend Plan
Feb 24, 2026
Chongqing Iron Steel Co., Ltd. has convened its first extraordinary general meeting for 2026 to seek shareholder approval for a series of capital market and corporate governance resolutions, centered on an issuance of A shares to a specific targe...
Chongqing Iron & Steel Calls H Shareholder Meeting on Targeted A-Share Issuance
Feb 24, 2026
Chongqing Iron Steel Co., Ltd. has convened its first 2026 class meeting of H shareholders for March 13, 2026 in Chongqing to vote on a series of special resolutions related to a planned issuance of A shares to a specific target subscriber. The m...
Chongqing Iron & Steel Updates Investors on Delayed Circular for A-Share Issuance and Whitewash Waiver
Feb 9, 2026
Chongqing Iron Steel has provided a monthly update on its proposed issuance of new A shares to a specific substantial shareholder, alongside an associated whitewash waiver application under Hong Kong takeover rules. The company is finalising a ci...
Chongqing Iron & Steel Extends Circular Deadline for Conditional A-Share Deal
Feb 9, 2026
Chongqing Iron Steel Company Limited, a major Chinese steel manufacturer listed in Hong Kong, produces and supplies steel products to industrial users in the domestic market and beyond. It operates under the regulatory framework of the Hong Kong ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.