Loading…
Listed arm of Shagang Group, one of China's largest private steelmakers, making long and flat steel.
Listed arm of Shagang Group, one of China's largest private steelmakers, making long and flat steel.
Earns the gap between steel prices and the cost of iron ore and coking coal, both of which swing independently, with rebar and wire rod tied to construction and hot-rolled coil to manufacturing. It is the listed arm of the privately owned Shagang Group, based in Zhangjiagang, Jiangsu.
In one line: China's Nucor — a large private-sector steel minimill group.
Moat: narrow (scale, cost advantage). Shagang Group's large scale gives it a cost edge versus smaller regional mills.
Headquarters: Zhangjiagang, China · Employees: 4,788
Size Jiangsu Shagang (002075.SZ) is a China Materials company (Steel) with a market value of $1.09B, the 2140th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.34 on 6 Nov 2026.
Performance Over six months the shares fell 24.8%, against -16.8% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue fell 4.4% over the last twelve months (peer median +2.3%); the operating margin is 1.5% (peer median 1.7%).
Valuation It trades at 0.6× enterprise value to sales against a peer median of 1.3× (6th cheapest of 19).
Capital Return on invested capital runs 3.8 points below its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥13.0B | CN¥13.1B | CN¥14.5B | CN¥15.6B | CN¥18.2B |
| Revenue growth | — | -9% | -7% | -14% | — |
| Gross profit | CN¥1.11B | CN¥1.12B | CN¥683M | CN¥939M | CN¥1.48B |
| EBITDA | CN¥966M | CN¥1.16B | CN¥593M | CN¥728M | CN¥1.13B |
| Net income | CN¥249M | CN¥267M | CN¥163M | CN¥225M | CN¥453M |
| Free cash flow | -CN¥189M | CN¥1.15B | CN¥218M | -CN¥635M | CN¥387M |
| Capital expenditure | CN¥686M | CN¥448M | CN¥462M | CN¥729M | CN¥786M |
| Total debt | CN¥10.6B | CN¥8.91B | CN¥11.1B | CN¥10.8B | CN¥3.55B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Jiangsu Shagang 002075.SZ | $1.09B | -25% | -4% | 1% | 0.6× | n/a |
| Baoshan Iron & Steel 600019.SS | $19.9B | -3% | +6% | 3% | 0.5× | -9.6% |
| Angang Steel 000898.SZ | $2.50B | -15% | -6% | -7% | 0.5× | n/a |
| Hunan Valin Steel 000932.SZ | $3.49B | -27% | -7% | 1% | 0.7× | 6.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 002075.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.1% | -5.7% | 9th highest of 21 |
| 6-month return | -24.8% | -16.8% | 7th lowest of 20 |
| Distance from 52-week high | -48.5% | -37.7% | 6th lowest of 21 |
| Revenue growth (TTM) | -4.4% | +2.3% | 6th lowest of 19 |
| Operating margin | 1.5% | 1.7% | 10th highest of 19 |
| EV / Sales | 0.6× | 1.3× | 6th cheapest of 19 |
| ROIC minus cost of capital | -3.8 pp | -4.1 pp | 10th highest of 21 |
| EV / EBITDA | 8.6× | 7.7× | 3rd most expensive of 6 |
| Net debt / EBITDA | -2.9× | 1.3× | 2nd least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jiangsu Shagang 002075.SZ | China | $1.09B | -25% | -4% | 1% | 0.6× | n/a | n/a |
| BCI Minerals BCI.AX | Australia | $1.09B | +45% | n/a | n/a | n/a | n/a | n/a |
| ZhongHe Shangda Aeronautic Materials 301522.SZ | China | $1.09B | -39% | +5% | 2% | 3.4× | n/a | n/a |
| TSP Wind Power 300129.SZ | China | $1.10B | -42% | -26% | 1% | 2.5× | n/a | n/a |
| Feng Hsin Steel 2015.TW | Taiwan | $1.11B | +4% | -12% | 0% | 1.3× | 9.2% | +1.2% |
| Vedanta Iron And Steel VISL.NS | India | $1.11B | n/a | n/a | n/a | n/a | n/a | n/a |
| Hengong Precision Equipment 301261.SZ | China | $1.04B | -9% | +34% | 5% | 5.0× | 26.1% | +15.8% |
| Tianjin You Fa Steel Pipe Group Stock 601686.SS | China | $1.03B | -15% | -2% | 1% | 0.3× | 4.0% | +0.9% |
| Tokyo Steel Manufacturing 5423.T | Japan | $1.17B | -1% | -1% | -1% | 0.5× | n/a | n/a |
| Zhongnanhong Culture 002445.SZ | China | $1.17B | -7% | -1% | 1% | 6.0× | n/a | n/a |
| Guizhou Aviation Technical Development 688239.SS | China | $1.19B | -39% | +23% | 12% | 4.0× | 17.7% | +25.0% |
| Xinyu Iron & Steel 600782.SS | China | $1.20B | -17% | -13% | -4% | 0.4× | n/a | n/a |
| Beijing Lier High-Temperature Materials 002392.SZ | China | $1.20B | -29% | +16% | 4% | 1.3× | 15.4% | +10.2% |
| Sansteel MinGuang Co., Ltd., Fujian 002110.SZ | China | $993M | -20% | -7% | -2% | 0.6× | 9.7% | -2.4% |
| Companhia Siderurgica Nacional Sponsored ADR SID | United States | $984M | -38% | +9% | 10% | 1.1× | n/a | n/a |
| Fushun Special Steel 600399.SS | China | $1.22B | -25% | +6% | -5% | 1.5× | n/a | n/a |
| Labrador Iron Ore Royalty LIF.TO | Canada | $981M | -23% | -15% | 75% | 8.9× | 0.6% | -3.9% |
| Hanza HANZA.ST | Sweden | $978M | -11% | +72% | 8% | 1.2× | 10.4% | +22.8% |
| Xining Special Steel 600117.SS | China | $976M | -23% | 0% | -21% | 1.7× | n/a | n/a |
| NMDC Steel NSLNISP.NS | India | $1.23B | -10% | +42% | 3% | 0.8× | 20.8% | +41.6% |
| Aichi Steel 5482.T | Japan | $970M | -17% | +4% | 5% | 0.6× | 1.6% | +8.5% |