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Regional Chinese state-owned steelmaker based in Chongqing, producing flat and long steel products.
Regional Chinese state-owned steelmaker based in Chongqing, producing flat and long steel products.
In one line: A Chinese regional steelmaker.
Moat: none (scale). Commodity steel producer; returns driven mainly by steel prices, not differentiation.
Headquarters: Chongqing, China · Founded: 1997 · Employees: 5,204
Size Chongqing Iron & Steel (1053.HK) is a Hong Kong Materials company (Steel) with a market value of $1.64B, the 467th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$0.80 on 6 Nov 2026.
Performance Over six months the shares fell 27.3%, against -20.5% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue fell 7.9% over the last twelve months (peer median +3.0%); the operating margin is -12.6% (peer median 6.0%).
Valuation It trades at 0.45× book value against a peer median of 1.33× (cheapest of 21).
Price implies The share price implies a return on equity of about 5.9%; Chongqing Iron & Steel delivers -17.6%, so the price asks more than the business earns today.
Next results Next results expected around 26 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$25.6B | HK$26.0B | HK$29.5B | HK$43.4B | HK$42.5B |
| Revenue growth | — | -12% | -32% | +2% | — |
| Gross profit | HK$1.37B | HK$103M | -HK$1.57B | -HK$878M | -HK$156M |
| EBITDA | n/a | HK$1.70B | -HK$291M | HK$229M | HK$793M |
| Net income | -HK$3.09B | -HK$2.95B | -HK$3.46B | -HK$1.65B | -HK$1.19B |
| Free cash flow | -HK$680M | HK$716M | HK$597M | HK$236M | -HK$1.39B |
| Capital expenditure | HK$1.38B | HK$1.08B | HK$831M | HK$902M | HK$3.13B |
| Total debt | HK$10.5B | HK$10.3B | HK$9.38B | HK$9.02B | HK$10.0B |
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 | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Chongqing Iron & Steel 1053.HK | $1.64B | -27% | -8% | -18% | 0.45× | 5.9% |
| Angang Steel 0347.HK | $2.48B | -32% | -1% | -14% | 0.20× | 4.6% |
| Maanshan Iron & Steel 0323.HK | $2.27B | -50% | 0% | -2% | 0.35× | 5.5% |
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 | 1053.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.8% | -3.5% | 9th lowest of 21 |
| 6-month return | -27.3% | -20.5% | 8th lowest of 21 |
| Return on equity | -17.6% | 9.3% | lowest of 21 |
| Price / book | 0.45× | 1.33× | cheapest of 21 |
| ROE the price implies | 5.9% | 12.4% | 5th least demanding of 21 |
| ROE delivered | -17.6% | 6.4% | lowest of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Chongqing Iron & Steel 1053.HK | Hong Kong | $1.64B | -27% | -8% | -18% | 0.45× | 5.9% | -17.6% |
| Sarda Energy & Minerals SARDAEN.NS | India | $1.63B | -27% | -2% | 15% | 1.90× | 26.3% | 14.8% |
| Jindal Saw JINDALSAW.NS | India | $1.70B | +4% | -1% | 4% | 1.27× | 13.8% | 4.4% |
| China Nonferrous Metal Industry's Foreign Engineering and Construction 000758.SZ | China | $1.72B | -17% | +42% | 12% | 1.74× | 18.2% | 12.1% |
| Sichuan Anning Iron and Titanium 002978.SZ | China | $1.72B | -22% | -10% | 6% | 1.28× | 11.6% | 6.4% |
| Suzhou Hesheng Special Material 002290.SZ | China | $1.51B | -50% | +1% | 19% | 9.22× | 93.6% | 18.9% |
| Godawari Power & Ispat GPIL.NS | India | $1.49B | -31% | +8% | 15% | 2.33× | 34.1% | n/a |
| Ratnamani Metals & Tubes RATNAMANI.NS | India | $1.83B | -13% | -16% | 12% | 4.19× | 41.6% | n/a |
| Tung Ho Steel Enterprise 2006.TW | Taiwan | $1.86B | +26% | -4% | 14% | 1.71× | 5.2% | n/a |
| Dalian Huarui Heavy Industry 002204.SZ | China | $1.43B | -28% | +5% | 8% | 1.15× | 7.0% | 8.3% |
| Ryerson RYZ | United States | $1.43B | +1% | +53% | 1% | 1.09× | 13.3% | 1.3% |
| Worthington Steel WS | United States | $1.88B | -9% | +69% | -3% | 1.78× | 25.0% | -3.1% |
| Fangda Special Steel Technology 600507.SS | China | $1.38B | -32% | +8% | 3% | 0.91× | 5.1% | 3.0% |
| Gallantt Ispat GALLANTT.NS | India | $1.36B | -38% | +6% | 12% | 3.70× | 74.8% | 12.4% |
| Shandong Iron and Steel 600022.SS | China | $1.98B | -12% | -10% | -1% | 0.71× | 4.8% | -1.1% |
| Outokumpu OUT1V.HE | Finland | $1.99B | -31% | -7% | -2% | 0.52× | 8.0% | -2.3% |
| HBIS Resources 000923.SZ | China | $1.33B | -19% | -5% | 0% | 0.91× | 7.2% | 0.0% |
| YODOKO 5451.T | Japan | $1.31B | +1% | -2% | 11% | 0.96× | 5.9% | 10.7% |
| Xinxing Ductile Iron Pipes 000778.SZ | China | $2.05B | -24% | +15% | 3% | 0.52× | 3.7% | 2.6% |
| Impro Precision Industries 1286.HK | Hong Kong | $1.30B | -52% | +20% | 13% | 1.51× | 9.3% | 13.4% |
| Yongjin Technology 603995.SS | China | $1.28B | +22% | +11% | 10% | 1.39× | 16.2% | 10.3% |