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Chinese (SSE) Steel Industry Analysis

UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies84
  • 7D0.2%
  • 3M-0.3%
  • 1Y3.9%
  • YTDn/a

In the last week, the Steel industry is up 2.9%, with Hang Zhou Iron & SteelLtd up 61%. In the last 12 months, the industry was up 4.3%. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Feb 2025CN¥1.0tCN¥2.1tCN¥22.1b27x46.4x0.5x
Tue, 14 Jan 2025CN¥958.9bCN¥2.1tCN¥22.0b22.3x43.5x0.5x
Thu, 12 Dec 2024CN¥1.1tCN¥2.1tCN¥22.1b28x49.9x0.5x
Sat, 09 Nov 2024CN¥1.1tCN¥2.1tCN¥22.1b25.5x49.2x0.5x
Mon, 07 Oct 2024CN¥1.0tCN¥2.2tCN¥36.8b23.1x28.2x0.5x
Wed, 04 Sep 2024CN¥845.2bCN¥2.2tCN¥36.4b19.1x23.2x0.4x
Fri, 02 Aug 2024CN¥907.5bCN¥2.2tCN¥40.5b21x22.4x0.4x
Sun, 30 Jun 2024CN¥928.9bCN¥2.2tCN¥40.5b20.9x22.9x0.4x
Tue, 28 May 2024CN¥1.0tCN¥2.2tCN¥40.5b23x25.6x0.5x
Thu, 25 Apr 2024CN¥1.0tCN¥2.2tCN¥48.4b22.9x21.4x0.5x
Sat, 23 Mar 2024CN¥1.0tCN¥2.2tCN¥48.6b26.8x21.1x0.5x
Mon, 19 Feb 2024CN¥965.1bCN¥2.2tCN¥47.5b24.2x20.3x0.4x
Wed, 17 Jan 2024CN¥1.0tCN¥2.2tCN¥45.0b29.5x22.3x0.5x
Fri, 15 Dec 2023CN¥1.0tCN¥2.2tCN¥44.8b31x23.3x0.5x
Sun, 12 Nov 2023CN¥1.1tCN¥2.2tCN¥44.4b32.5x23.7x0.5x
Tue, 10 Oct 2023CN¥1.1tCN¥2.2tCN¥34.3b29.5x31.2x0.5x
Thu, 07 Sep 2023CN¥1.1tCN¥2.2tCN¥34.3b33x32.6x0.5x
Sat, 05 Aug 2023CN¥1.2tCN¥2.3tCN¥44.3b29.9x26.1x0.5x
Mon, 03 Jul 2023CN¥1.1tCN¥2.3tCN¥44.2b28x24.4x0.5x
Wed, 31 May 2023CN¥1.1tCN¥2.3tCN¥44.1b25.6x24.8x0.5x
Fri, 28 Apr 2023CN¥1.1tCN¥2.4tCN¥53.0b29.7x21.5x0.5x
Sun, 26 Mar 2023CN¥1.2tCN¥2.4tCN¥55.6b30x21.8x0.5x
Tue, 21 Feb 2023CN¥1.3tCN¥2.4tCN¥54.8b31.9x22.9x0.5x
Thu, 19 Jan 2023CN¥1.2tCN¥2.4tCN¥54.8b30x21.6x0.5x
Sat, 17 Dec 2022CN¥1.2tCN¥2.4tCN¥54.8b30x22.1x0.5x
Mon, 14 Nov 2022CN¥1.2tCN¥2.4tCN¥54.8b29.7x22.4x0.5x
Wed, 12 Oct 2022CN¥1.2tCN¥2.5tCN¥86.9b24.4x13.4x0.5x
Fri, 09 Sep 2022CN¥1.3tCN¥2.5tCN¥87.3b25.3x14.9x0.5x
Sun, 07 Aug 2022CN¥1.3tCN¥2.5tCN¥114.0b25.5x11.3x0.5x
Tue, 05 Jul 2022CN¥1.3tCN¥2.5tCN¥113.5b25x11.6x0.5x
Thu, 02 Jun 2022CN¥1.3tCN¥2.5tCN¥113.6b22.7x11.1x0.5x
Sat, 30 Apr 2022CN¥1.2tCN¥2.5tCN¥119.0b17.5x9.9x0.5x
Mon, 28 Mar 2022CN¥1.3tCN¥2.4tCN¥131.3b20x9.8x0.5x
Wed, 23 Feb 2022CN¥1.4tCN¥2.3tCN¥131.7b21.1x10.7x0.6x
Price to Earnings Ratio

10.7x


Total Market Cap: CN¥1.4tTotal Earnings: CN¥131.7bTotal Revenue: CN¥2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Steel Industry Price to Earnings3Y Average 23.2x202320242025
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 46.6x which is higher than its 3-year average PE of 23.1x.
  • 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 45% per year over the last three years,
  • Revenues have also declined 3.8% 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 Market1.46%
Materials0.54%
Metals and Mining-0.59%
Steel0.15%
Silver0%0
Gold-0.20%
Precious Metals and Minerals-0.88%
Diversified Metals and Mining-1.15%
Aluminum-1.16%
Copper-1.27%
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¥11.1461.0%
+CN¥14.3b		165.2%PS0.6x
000708 Citic Pacific Special Steel GroupCN¥11.901.5%
+CN¥908.5m		-16.4%PE11.6x
002418 Zhe Jiang KangshengLtdCN¥3.5620.3%
+CN¥681.8m		86.4%PS1.7x
301160 Suzhou Xianglou New MaterialCN¥75.9912.2%
+CN¥654.9m		134.1%PE29.7x
002541 Anhui Honglu Steel Construction(Group)CN¥16.964.6%
+CN¥508.6m		0.2%PE12.3x
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Latest News

600010

CN¥1.82

Inner Mongolia Baotou Steel Union

7D

-3.7%

1Y

19.7%

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

002075

CN¥5.95

Jiangsu Shagang

7D

3.5%

1Y

83.1%

Is Jiangsu Shagang (SZSE:002075) A Risky Investment?

Feb 11
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301160

CN¥75.99

Suzhou Xianglou New Material

7D

12.2%

1Y

134.1%

Suzhou Xianglou New Material Co., Ltd.'s (SZSE:301160) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

Feb 10
Suzhou Xianglou New Material Co., Ltd.'s (SZSE:301160) Share Price Boosted 27% But Its Business Prospects Need A Lift Too

002756

CN¥36.30

Yongxing Special Materials TechnologyLtd

7D

-4.2%

1Y

-23.6%

Investors Met With Slowing Returns on Capital At Yongxing Special Materials TechnologyLtd (SZSE:002756)

Feb 07
Investors Met With Slowing Returns on Capital At Yongxing Special Materials TechnologyLtd (SZSE:002756)

603278

CN¥11.03

Shandong Daye

7D

13.5%

1Y

49.5%

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¥11.14

Hang Zhou Iron & SteelLtd

7D

61.0%

1Y

165.2%

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

000708

CN¥11.90

Citic Pacific Special Steel Group

7D

1.5%

1Y

-16.4%

There Are Reasons To Feel Uneasy About Citic Pacific Special Steel Group's (SZSE:000708) Returns On Capital

Feb 03
There Are Reasons To Feel Uneasy About Citic Pacific Special Steel Group's (SZSE:000708) Returns On Capital

600985

CN¥13.43

Huaibei Mining HoldingsLtd

7D

-1.9%

1Y

-26.6%

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

600456

CN¥29.20

Baoji Titanium Industry

7D

-5.6%

1Y

12.9%

Returns On Capital At Baoji Titanium Industry (SHSE:600456) Have Hit The Brakes

Jan 19
Returns On Capital At Baoji Titanium Industry (SHSE:600456) Have Hit The Brakes

002318

CN¥23.54

Zhejiang JIULI Hi-tech MetalsLtd

7D

-2.5%

1Y

14.4%

Is Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) A Risky Investment?

Jan 18
Is Zhejiang JIULI Hi-tech MetalsLtd (SZSE:002318) A Risky Investment?

600282

CN¥4.39

Nanjing Iron & Steel

7D

-3.7%

1Y

7.3%

Why Investors Shouldn't Be Surprised By Nanjing Iron & Steel Co., Ltd.'s (SHSE:600282) Low P/E

Jan 16
Why Investors Shouldn't Be Surprised By Nanjing Iron & Steel Co., Ltd.'s (SHSE:600282) Low P/E

002418

CN¥3.56

Zhe Jiang KangshengLtd

7D

20.3%

1Y

86.4%

Zhe Jiang Kangsheng Co.,Ltd.'s (SZSE:002418) 36% Share Price Surge Not Quite Adding Up

Jan 14
Zhe Jiang Kangsheng Co.,Ltd.'s (SZSE:002418) 36% Share Price Surge Not Quite Adding Up

002290

CN¥17.85

Suzhou Hesheng Special Material

7D

6.8%

1Y

122.6%

600019

CN¥6.80

Baoshan Iron & Steel

7D

-2.2%

1Y

7.8%

002541

CN¥16.96

Anhui Honglu Steel Construction(Group)

7D

4.6%

1Y

0.2%

688190

CN¥81.99

Qingdao Yunlu Advanced Materials Technology

7D

-12.1%

1Y

33.8%