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Chinese (SSE) Steel Industry Analysis
UpdatedApr 27, 2025
DataAggregated Company Financials
Companies84
- 7D1.7%
- 3M4.3%
- 1Y-2.2%
- YTDn/a
Beijing Shougang is up 8.4%, leading the way for the Steel industry, which has gained 1.7%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 27% per annum.
Industry Valuation and Performance
Has the Chinese Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 27 Apr 2025 | CN¥1.0t | CN¥2.0t | CN¥14.9b | 27.5x | 69.1x | 0.5x |
| Tue, 25 Mar 2025 | CN¥1.1t | CN¥2.1t | CN¥21.3b | 29.3x | 52.8x | 0.5x |
| Thu, 20 Feb 2025 | CN¥1.0t | CN¥2.1t | CN¥22.1b | 26.3x | 46.2x | 0.5x |
| Sat, 18 Jan 2025 | CN¥985.0b | CN¥2.1t | CN¥22.1b | 26x | 44.6x | 0.5x |
| Mon, 16 Dec 2024 | CN¥1.1t | CN¥2.1t | CN¥22.1b | 26.9x | 48.7x | 0.5x |
| Wed, 13 Nov 2024 | CN¥1.1t | CN¥2.1t | CN¥22.1b | 26.4x | 48.6x | 0.5x |
| Fri, 11 Oct 2024 | CN¥999.4b | CN¥2.2t | CN¥36.8b | 23x | 27.2x | 0.5x |
| Sun, 08 Sep 2024 | CN¥829.9b | CN¥2.2t | CN¥36.1b | 18.8x | 23x | 0.4x |
| Tue, 06 Aug 2024 | CN¥884.1b | CN¥2.2t | CN¥40.5b | 20.5x | 21.8x | 0.4x |
| Thu, 04 Jul 2024 | CN¥942.8b | CN¥2.2t | CN¥40.5b | 21.4x | 23.3x | 0.4x |
| Sat, 01 Jun 2024 | CN¥1.0t | CN¥2.2t | CN¥40.5b | 23x | 25.5x | 0.5x |
| Mon, 29 Apr 2024 | CN¥1.0t | CN¥2.2t | CN¥46.3b | 22.9x | 22.6x | 0.5x |
| Wed, 27 Mar 2024 | CN¥1.0t | CN¥2.2t | CN¥48.9b | 26.3x | 20.8x | 0.5x |
| Fri, 23 Feb 2024 | CN¥1.0t | CN¥2.2t | CN¥46.2b | 24.8x | 21.7x | 0.5x |
| Sun, 21 Jan 2024 | CN¥963.7b | CN¥2.2t | CN¥45.0b | 28.1x | 21.4x | 0.4x |
| Tue, 19 Dec 2023 | CN¥1.0t | CN¥2.2t | CN¥44.8b | 30.2x | 23x | 0.5x |
| Thu, 16 Nov 2023 | CN¥1.1t | CN¥2.2t | CN¥44.4b | 33.8x | 24.3x | 0.5x |
| Sat, 14 Oct 2023 | CN¥1.1t | CN¥2.2t | CN¥34.3b | 28.4x | 31x | 0.5x |
| Mon, 11 Sep 2023 | CN¥1.1t | CN¥2.2t | CN¥34.9b | 32.4x | 31.3x | 0.5x |
| Wed, 09 Aug 2023 | CN¥1.1t | CN¥2.3t | CN¥44.3b | 29.4x | 25.7x | 0.5x |
| Fri, 07 Jul 2023 | CN¥1.1t | CN¥2.3t | CN¥44.2b | 28.8x | 24.7x | 0.5x |
| Sun, 04 Jun 2023 | CN¥1.1t | CN¥2.3t | CN¥43.9b | 26.9x | 24.9x | 0.5x |
| Tue, 02 May 2023 | CN¥1.1t | CN¥2.3t | CN¥48.3b | 28x | 23.6x | 0.5x |
| Thu, 30 Mar 2023 | CN¥1.2t | CN¥2.4t | CN¥55.5b | 27.7x | 21.3x | 0.5x |
| Sat, 25 Feb 2023 | CN¥1.3t | CN¥2.4t | CN¥54.9b | 32x | 23.3x | 0.5x |
| Mon, 23 Jan 2023 | CN¥1.2t | CN¥2.4t | CN¥54.8b | 31.1x | 22.2x | 0.5x |
| Wed, 21 Dec 2022 | CN¥1.2t | CN¥2.4t | CN¥54.8b | 29.2x | 21.5x | 0.5x |
| Fri, 18 Nov 2022 | CN¥1.2t | CN¥2.4t | CN¥54.8b | 29.7x | 22.1x | 0.5x |
| Sun, 16 Oct 2022 | CN¥1.2t | CN¥2.5t | CN¥86.9b | 26x | 13.8x | 0.5x |
| Tue, 13 Sep 2022 | CN¥1.3t | CN¥2.5t | CN¥87.2b | 25.4x | 14.9x | 0.5x |
| Thu, 11 Aug 2022 | CN¥1.3t | CN¥2.5t | CN¥115.3b | 25.6x | 11.3x | 0.5x |
| Sat, 09 Jul 2022 | CN¥1.3t | CN¥2.5t | CN¥113.5b | 24.6x | 11.6x | 0.5x |
| Mon, 06 Jun 2022 | CN¥1.3t | CN¥2.5t | CN¥113.7b | 23x | 11.3x | 0.5x |
| Wed, 04 May 2022 | CN¥1.2t | CN¥2.5t | CN¥114.7b | 20.2x | 10.3x | 0.5x |
Price to Earnings Ratio
10.3x
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 69.1x which is higher than its 3-year average PE of 25.8x.
- 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 49% per year over the last three years,
- Revenues have also declined 6.4% 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 Market | 1.13% | |
| Materials | 1.89% | |
| Metals and Mining | 1.50% | |
| Steel | 1.71% | |
| Aluminum | 3.75% | |
| Copper | 3.04% | |
| Precious Metals and Minerals | 2.00% | |
| Diversified Metals and Mining | 1.31% | |
| Gold | -2.00% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 000959 Beijing Shougang | CN¥3.48 | 8.4% +CN¥2.1b | 9.1% | PE32.9x | |
| 000932 Hunan Valin Steel | CN¥4.99 | 5.5% +CN¥1.8b | -13.7% | PE17x | |
| 301160 Suzhou Xianglou New Material | CN¥105.67 | 20.0% +CN¥1.4b | 162.7% | PE39.5x | |
| 600010 Inner Mongolia Baotou Steel Union | CN¥1.79 | 1.7% +CN¥1.4b | 10.5% | PE306.3x | |
| 688122 Western Superconducting Technologies | CN¥48.55 | 4.4% +CN¥1.3b | 26.6% | PE36.7x |