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Chinese (SSE) Steel Industry Analysis

UpdatedMar 15, 2025
DataAggregated Company Financials
Companies84
  • 7D2.1%
  • 3M4.3%
  • 1Y6.7%
  • YTDn/a

Over the last 7 days, the Steel industry has risen 2.9%, driven by gains from Hang Zhou Iron & SteelLtd of 14%. In the same time, Bengang Steel Plates was down 5.5%. This means that the industry has gained 7.0% over the past year. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the Chinese Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Mar 2025CN¥1.1tCN¥2.1tCN¥22.3b29.8x50.3x0.5x
Mon, 10 Feb 2025CN¥1.0tCN¥2.1tCN¥22.1b27x46.4x0.5x
Wed, 08 Jan 2025CN¥985.0bCN¥2.1tCN¥22.1b25.4x44.6x0.5x
Fri, 06 Dec 2024CN¥1.1tCN¥2.1tCN¥22.1b26x48.2x0.5x
Sun, 03 Nov 2024CN¥1.0tCN¥2.1tCN¥22.1b24.4x47x0.5x
Tue, 01 Oct 2024CN¥1.0tCN¥2.2tCN¥36.8b23.1x28.2x0.5x
Thu, 29 Aug 2024CN¥840.0bCN¥2.2tCN¥39.1b19.5x21.5x0.4x
Sat, 27 Jul 2024CN¥891.8bCN¥2.2tCN¥40.5b20.4x22x0.4x
Mon, 24 Jun 2024CN¥946.2bCN¥2.2tCN¥40.5b21.3x23.4x0.4x
Wed, 22 May 2024CN¥1.1tCN¥2.2tCN¥40.5b23.9x26.2x0.5x
Fri, 19 Apr 2024CN¥1.1tCN¥2.2tCN¥48.3b25.2x22.1x0.5x
Sun, 17 Mar 2024CN¥1.0tCN¥2.2tCN¥46.7b27.9x22x0.5x
Tue, 13 Feb 2024CN¥965.1bCN¥2.2tCN¥47.5b24.2x20.3x0.4x
Thu, 11 Jan 2024CN¥1.0tCN¥2.2tCN¥45.0b29.8x22.6x0.5x
Sat, 09 Dec 2023CN¥1.1tCN¥2.2tCN¥44.8b31.1x23.6x0.5x
Mon, 06 Nov 2023CN¥1.1tCN¥2.2tCN¥44.5b31.7x23.7x0.5x
Wed, 04 Oct 2023CN¥1.1tCN¥2.2tCN¥34.3b29.8x31.3x0.5x
Fri, 01 Sep 2023CN¥1.1tCN¥2.2tCN¥35.6b32.2x30.2x0.5x
Sun, 30 Jul 2023CN¥1.2tCN¥2.3tCN¥44.3b29.7x26x0.5x
Tue, 27 Jun 2023CN¥1.0tCN¥2.3tCN¥44.2b26.7x23.5x0.4x
Thu, 25 May 2023CN¥1.1tCN¥2.3tCN¥44.4b25.4x25x0.5x
Sat, 22 Apr 2023CN¥1.2tCN¥2.4tCN¥55.9b26.9x20.9x0.5x
Mon, 20 Mar 2023CN¥1.2tCN¥2.4tCN¥53.8b29.9x22.8x0.5x
Wed, 15 Feb 2023CN¥1.3tCN¥2.4tCN¥54.8b32.3x22.9x0.5x
Fri, 13 Jan 2023CN¥1.2tCN¥2.4tCN¥54.8b29.8x21.4x0.5x
Sun, 11 Dec 2022CN¥1.2tCN¥2.4tCN¥54.8b30.8x22.6x0.5x
Tue, 08 Nov 2022CN¥1.2tCN¥2.4tCN¥54.9b30.1x22x0.5x
Thu, 06 Oct 2022CN¥1.2tCN¥2.5tCN¥86.9b22.9x13.5x0.5x
Sat, 03 Sep 2022CN¥1.3tCN¥2.5tCN¥88.5b23.5x14.1x0.5x
Mon, 01 Aug 2022CN¥1.3tCN¥2.5tCN¥113.5b26.5x11.5x0.5x
Wed, 29 Jun 2022CN¥1.3tCN¥2.5tCN¥113.7b25.3x11.6x0.5x
Fri, 27 May 2022CN¥1.2tCN¥2.5tCN¥113.5b22.2x10.8x0.5x
Sun, 24 Apr 2022CN¥1.2tCN¥2.4tCN¥126.3b17.5x9.8x0.5x
Tue, 22 Mar 2022CN¥1.3tCN¥2.4tCN¥129.5b20.4x9.9x0.5x
Price to Earnings Ratio

9.9x


Total Market Cap: CN¥1.3tTotal Earnings: CN¥129.5bTotal Revenue: CN¥2.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Steel Industry Price to Earnings3Y Average 24.2x202320242025
Current Industry PE
  • Investors are optimistic on the Chinese Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 49.9x which is higher than its 3-year average PE of 24.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.48x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 44% per year over the last three years,
  • Revenues have also declined 4.1% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Chinese Steel compare with similar industries?

CN Market1.50%
Materials1.67%
Metals and Mining2.39%
Steel2.05%
Gold3.86%
Diversified Metals and Mining3.52%
Copper3.08%
Precious Metals and Minerals2.90%
Aluminum-0.49%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
600126 Hang Zhou Iron & SteelLtdCN¥13.0812.4%
+CN¥4.9b		142.2%PS0.7x
000723 Shanxi Meijin EnergyLtdCN¥5.1017.5%
+CN¥3.3b		-24.1%PS1.1x
600456 Baoji Titanium IndustryCN¥36.1521.1%
+CN¥3.0b		28.4%PE33.8x
301261 Hengong Precision EquipmentCN¥104.5125.9%
+CN¥1.9b		96.1%PE65x
600010 Inner Mongolia Baotou Steel UnionCN¥1.902.2%
+CN¥1.8b		20.3%PS1.3x
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Latest News

600456

CN¥36.15

Baoji Titanium Industry

7D

21.1%

1Y

28.4%

002342

CN¥4.06

Juli Sling

7D

26.1%

1Y

12.5%

Juli Sling Co., Ltd.'s (SZSE:002342) Shares May Have Run Too Fast Too Soon

Mar 13
Juli Sling Co., Ltd.'s (SZSE:002342) Shares May Have Run Too Fast Too Soon

600399

CN¥6.39

Fushun Special SteelLTD

7D

13.3%

1Y

-0.6%

000761

CN¥3.77

Bengang Steel Plates

7D

-5.0%

1Y

3.0%

Bengang Steel Plates Co., Ltd. (SZSE:000761) Held Back By Insufficient Growth Even After Shares Climb 31%

Mar 07
Bengang Steel Plates Co., Ltd. (SZSE:000761) Held Back By Insufficient Growth Even After Shares Climb 31%

301261

CN¥104.51

Hengong Precision Equipment

7D

25.9%

1Y

96.1%

002110

CN¥4.23

Sansteel MinGuangLtd.Fujian

7D

-3.4%

1Y

14.3%

Sansteel MinGuang Co.,Ltd.,Fujian's (SZSE:002110) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Mar 04
Sansteel MinGuang Co.,Ltd.,Fujian's (SZSE:002110) Price Is Right But Growth Is Lacking After Shares Rocket 27%

000708

CN¥12.23

Citic Pacific Special Steel Group

7D

-0.6%

1Y

-20.2%

Calculating The Fair Value Of Citic Pacific Special Steel Group Co., Ltd (SZSE:000708)

Mar 04
Calculating The Fair Value Of Citic Pacific Special Steel Group Co., Ltd (SZSE:000708)

688122

CN¥48.06

Western Superconducting Technologies

7D

-1.2%

1Y

20.4%

600019

CN¥7.45

Baoshan Iron & Steel

7D

-0.7%

1Y

13.4%

These 4 Measures Indicate That Baoshan Iron & Steel (SHSE:600019) Is Using Debt Reasonably Well

Feb 27
These 4 Measures Indicate That Baoshan Iron & Steel (SHSE:600019) Is Using Debt Reasonably Well

000959

CN¥3.55

Beijing Shougang

7D

-3.0%

1Y

8.2%

Beijing Shougang (SZSE:000959) Seems To Be Using A Lot Of Debt

Feb 26
Beijing Shougang (SZSE:000959) Seems To Be Using A Lot Of Debt

600010

CN¥1.90

Inner Mongolia Baotou Steel Union

7D

2.2%

1Y

20.3%

Inner Mongolia Baotou Steel Union Co., Ltd.'s (SHSE:600010) Price Is Out Of Tune With Revenues

Feb 12
Inner Mongolia Baotou Steel Union Co., Ltd.'s (SHSE:600010) Price Is Out Of Tune With Revenues

603278

CN¥11.61

Shandong Daye

7D

-14.4%

1Y

14.3%

Shandong Daye Co., Ltd. (SHSE:603278) Held Back By Insufficient Growth Even After Shares Climb 27%

Feb 06
Shandong Daye Co., Ltd. (SHSE:603278) Held Back By Insufficient Growth Even After Shares Climb 27%

600126

CN¥13.08

Hang Zhou Iron & SteelLtd

7D

12.4%

1Y

142.2%

Hang Zhou Iron & Steel Co.,Ltd.'s (SHSE:600126) Shares Bounce 26% But Its Business Still Trails The Industry

Feb 05
Hang Zhou Iron & Steel Co.,Ltd.'s (SHSE:600126) Shares Bounce 26% But Its Business Still Trails The Industry

600985

CN¥13.91

Huaibei Mining HoldingsLtd

7D

3.2%

1Y

-18.0%

Insufficient Growth At Huaibei Mining Holdings Co.,Ltd. (SHSE:600985) Hampers Share Price

Feb 03
Insufficient Growth At Huaibei Mining Holdings Co.,Ltd. (SHSE:600985) Hampers Share Price

000723

CN¥5.10

Shanxi Meijin EnergyLtd

7D

17.5%

1Y

-24.1%

Getting In Cheap On Shanxi Meijin Energy Co.,Ltd. (SZSE:000723) Is Unlikely

Jan 09
Getting In Cheap On Shanxi Meijin Energy Co.,Ltd. (SZSE:000723) Is Unlikely

000717

CN¥2.93

Guangdong Zhongnan Iron and Steel

7D

-3.6%

1Y

20.1%