Returns On Capital At Baoji Titanium Industry (SHSE:600456) Have Hit The Brakes
Jan 19
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Chinese (SSE) Steel Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies84
- 7D3.2%
- 3M-1.1%
- 1Y4.9%
- YTDn/a
Over the last 7 days, the Steel industry has risen 3.3%, and Hunan Valin Steel contributed the most with a gain of 6.7%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 21% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | CN¥989.4b | CN¥2.1t | CN¥22.1b | 26.4x | 44.8x | 0.5x |
| Thu, 19 Dec 2024 | CN¥1.1t | CN¥2.1t | CN¥22.1b | 26.1x | 48.2x | 0.5x |
| Sat, 16 Nov 2024 | CN¥1.0t | CN¥2.1t | CN¥22.1b | 24.7x | 46.6x | 0.5x |
| Mon, 14 Oct 2024 | CN¥978.5b | CN¥2.2t | CN¥36.8b | 22.4x | 26.6x | 0.5x |
| Wed, 11 Sep 2024 | CN¥816.4b | CN¥2.2t | CN¥36.8b | 18.9x | 22.2x | 0.4x |
| Fri, 09 Aug 2024 | CN¥888.1b | CN¥2.2t | CN¥40.5b | 20.7x | 21.9x | 0.4x |
| Sun, 07 Jul 2024 | CN¥934.5b | CN¥2.2t | CN¥40.5b | 20.9x | 23.1x | 0.4x |
| Tue, 04 Jun 2024 | CN¥1.0t | CN¥2.2t | CN¥40.5b | 22.3x | 24.9x | 0.5x |
| Thu, 02 May 2024 | CN¥1.0t | CN¥2.2t | CN¥43.5b | 25.3x | 24.1x | 0.5x |
| Sat, 30 Mar 2024 | CN¥1.0t | CN¥2.2t | CN¥48.2b | 25.9x | 21.1x | 0.5x |
| Mon, 26 Feb 2024 | CN¥1.0t | CN¥2.2t | CN¥46.2b | 25.8x | 21.7x | 0.5x |
| Wed, 24 Jan 2024 | CN¥929.5b | CN¥2.2t | CN¥45.0b | 26.3x | 20.6x | 0.4x |
| Fri, 22 Dec 2023 | CN¥1.0t | CN¥2.2t | CN¥44.8b | 30.1x | 22.7x | 0.5x |
| Sun, 19 Nov 2023 | CN¥1.1t | CN¥2.2t | CN¥44.4b | 33.1x | 24.2x | 0.5x |
| Tue, 17 Oct 2023 | CN¥1.1t | CN¥2.2t | CN¥34.3b | 28.4x | 31x | 0.5x |
| Thu, 14 Sep 2023 | CN¥1.1t | CN¥2.2t | CN¥34.3b | 32.7x | 31.9x | 0.5x |
| Sat, 12 Aug 2023 | CN¥1.1t | CN¥2.3t | CN¥44.4b | 28.8x | 25x | 0.5x |
| Mon, 10 Jul 2023 | CN¥1.1t | CN¥2.3t | CN¥44.3b | 28.8x | 24.7x | 0.5x |
| Wed, 07 Jun 2023 | CN¥1.1t | CN¥2.3t | CN¥44.0b | 28.1x | 24.5x | 0.5x |
| Fri, 05 May 2023 | CN¥1.1t | CN¥2.3t | CN¥46.0b | 27.2x | 24.9x | 0.5x |
| Sun, 02 Apr 2023 | CN¥1.2t | CN¥2.4t | CN¥57.5b | 28.2x | 20.8x | 0.5x |
| Tue, 28 Feb 2023 | CN¥1.3t | CN¥2.4t | CN¥54.9b | 31.4x | 23.1x | 0.5x |
| Thu, 26 Jan 2023 | CN¥1.2t | CN¥2.4t | CN¥54.8b | 31.1x | 22.2x | 0.5x |
| Sat, 24 Dec 2022 | CN¥1.1t | CN¥2.4t | CN¥54.8b | 27.8x | 20.8x | 0.5x |
| Mon, 21 Nov 2022 | CN¥1.2t | CN¥2.4t | CN¥54.9b | 29.1x | 22x | 0.5x |
| Wed, 19 Oct 2022 | CN¥1.2t | CN¥2.5t | CN¥86.9b | 26.4x | 13.8x | 0.5x |
| Fri, 16 Sep 2022 | CN¥1.3t | CN¥2.5t | CN¥87.0b | 25x | 14.5x | 0.5x |
| Sun, 14 Aug 2022 | CN¥1.3t | CN¥2.5t | CN¥115.3b | 25.6x | 11.4x | 0.5x |
| Tue, 12 Jul 2022 | CN¥1.3t | CN¥2.5t | CN¥113.5b | 24.2x | 11.4x | 0.5x |
| Thu, 09 Jun 2022 | CN¥1.3t | CN¥2.5t | CN¥113.7b | 24.3x | 11.4x | 0.5x |
| Sat, 07 May 2022 | CN¥1.2t | CN¥2.5t | CN¥114.5b | 20.7x | 10.1x | 0.5x |
| Mon, 04 Apr 2022 | CN¥1.3t | CN¥2.4t | CN¥130.4b | 20x | 10.2x | 0.6x |
| Wed, 02 Mar 2022 | CN¥1.4t | CN¥2.3t | CN¥131.7b | 21.2x | 10.8x | 0.6x |
| Fri, 28 Jan 2022 | CN¥1.3t | CN¥2.3t | CN¥131.5b | 20x | 10x | 0.6x |
Price to Earnings Ratio
10x
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 44.6x which is higher than its 3-year average PE of 22.4x.
- The industry is trading close to its 3-year average PS ratio of 0.49x.
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 Market | 4.24% | |
| Materials | 3.56% | |
| Metals and Mining | 2.45% | |
| Steel | 3.16% | |
| Aluminum | 3.19% | |
| Diversified Metals and Mining | 2.24% | |
| Copper | 2.00% | |
| Precious Metals and Minerals | 1.19% | |
| Silver | 0% | 0 |
| Gold | -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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 002318 Zhejiang JIULI Hi-tech MetalsLtd | CN¥24.50 | 4.9% +CN¥1.1b | 25.3% | PE16.5x | |
| 002552 Baoding Technology | CN¥17.58 | 15.7% +CN¥972.3m | 37.6% | PE35.2x | |
| 600456 Baoji Titanium Industry | CN¥29.65 | 6.6% +CN¥874.3m | 16.0% | PE27.7x | |
| 000932 Hunan Valin Steel | CN¥4.07 | 3.0% +CN¥829.0m | -17.3% | PE10.2x | |
| 600782 Xinyu Iron & Steel | CN¥3.50 | 7.4% +CN¥755.0m | 9.7% | PS0.3x |
