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Chongqing Iron & Steel Co., Ltd. Class H
(1053)
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Rating:44Neutral
Price Target:
HK$0.85
▼(-28.24% Downside)
Action:Reiterated
Date:06/19/26
The score is held down primarily by weak financial performance (persistent operating losses, near-zero gross margin, and a return to negative free cash flow), with additional pressure from bearish technical signals (below key moving averages and negative MACD). Valuation is not a clear positive because the negative P/E reflects ongoing losses and no dividend yield is available.
Positive Factors
Stable end-market exposure
Exposure to construction and industrial end-markets provides a durable revenue base: infrastructure and industrial activity underpin steady long-run steel demand. This structural demand supports recovery potential and utilization gains over a 2–6 month horizon as market cycles normalize.
Negative Factors
Persistent operating losses
Multi-year operating losses and a deeply negative EBIT margin (~-10%) signal structural profitability problems. Sustained losses erode equity, constrain reinvestment, and indicate the firm may struggle to cover fixed costs or compete on cost, risking longer recovery timelines.
Read all positive and negative factors
Positive Factors
Negative Factors
Stable end-market exposure
Exposure to construction and industrial end-markets provides a durable revenue base: infrastructure and industrial activity underpin steady long-run steel demand. This structural demand supports recovery potential and utilization gains over a 2–6 month horizon as market cycles normalize.
Read all positive factors
Chongqing Iron & Steel Co., Ltd. Class H (1053) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$12.40B
Dividend YieldN/A
Average Volume (3M)15.32M
Price to Earnings (P/E)―
Beta (1Y)1.09
Revenue Growth-13.27%
EPS Growth4.42%
CountryHK
Employees5,204
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, engages in the produces and sells of steel plates in the People’s Republic of China. The company offers wide and thick plates, including boiler and pressure vessel steel plate...
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
1.03
Negative
1.11
Negative
1.21
Negative
Market Momentum
-0.03
Negative
33.77
Neutral
7.20
Positive
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 0.95, above the 50-day MA of 1.03, and below the 200-day MA of 1.21, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 33.77 is Neutral, neither overbought nor oversold. The STOCH value of 7.20 is Positive, 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% | |
60 Neutral | HK$9.62B | 20.80 | 5.45% | 1.90% | -2.31% | 12.27% | |
53 Neutral | HK$230.54M | 0.81 | 16.71% | ― | -20.11% | 15.44% | |
47 Neutral | HK$20.06B | -865.52 | -0.09% | ― | -4.43% | 99.48% | |
44 Neutral | HK$12.40B | -3.66 | -18.53% | ― | -13.27% | 4.42% | |
44 Neutral | HK$46.08M | -2.03 | -50.60% | ― | -42.37% | -239.85% | |
43 Neutral | HK$18.51B | -3.45 | -11.13% | ― | -7.68% | 15.78% |
* Basic Materials Sector Average
HK:1053
Chongqing Iron & Steel Co., Ltd. Class H
0.88
-0.02
-2.22%
HK:0347
Angang Steel Co
1.10
-0.55
-33.33%
HK:0323
Maanshan Iron & Steel Co
1.61
-0.34
-17.44%
HK:0826
Tiangong International Co. Ltd.
3.53
1.56
79.01%
HK:1938
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings Ltd.
0.23
>-0.01
-0.87%
HK:8402
GT Steel Construction Group Limited
0.10
>-0.01
-5.88%
Chongqing Iron & Steel Co., Ltd. Class H Corporate Events
Chongqing Iron & Steel Shareholders Approve 2025 Financial Accounts at AGM
Jun 26, 2026
Chongqing Iron Steel Co., Ltd. convened its 2025 annual general meeting in Chongqing, confirming that the meeting complied with PRC company law and stock exchange regulations and was attended by six of its seven directors alongside senior managem...
Chongqing Iron & Steel completes RMB994 million targeted A-share issuance to Hwabao
Jun 23, 2026
Chongqing Iron Steel Co., Ltd. has completed a targeted issuance of A shares to Hwabao Investment under a specific mandate, issuing 757,575,757 new A shares at RMB1.32 each. This new tranche represents about 7.88% of the company’s enlarged ...
Chongqing Iron & Steel Announces Resignations of Two Directors
Jun 3, 2026
Chongqing Iron Steel Company Limited announced the resignations of directors Song De An and Zhou Ping, who have stepped down from multiple board and committee roles due to personal business engagements and will no longer hold any positions at the...
Chongqing Iron & Steel Details Board and Committee Structure
Jun 3, 2026
Chongqing Iron Steel Company Limited has announced the current composition of its board of directors, which includes three executive directors, one non-executive director and three independent non-executive directors. The company has also detaile...
Chongqing Iron & Steel Shifts Baowu Water Stake Into Baowu Environment in Connected Deal
May 27, 2026
Chongqing Iron Steel has approved a connected transaction to inject capital into Baowu Environment by contributing its 1.61% equity interest in Baowu Water at an agreed valuation. After completion, the company will hold a 0.53% stake in Baowu Env...
Chongqing Iron & Steel Sets 2025 AGM to Approve Results, Plans and Auditor Mandate
May 27, 2026
Chongqing Iron Steel Company Limited has called its 2025 annual general meeting for 26 June 2026 in Chongqing, where shareholders of record as of 23 June 2026 may vote on key corporate matters. The agenda covers approval of the 2025 financial acc...
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...
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.