Gansu-based regional steelmaker producing long and flat steel, part of the Jiuquan Iron & Steel (Jiugang) group.
Gansu-based regional steelmaker producing long and flat steel, part of the Jiuquan Iron & Steel (Jiugang) group.
Sells steel at market prices, so what it keeps is the gap between steel prices and the cost of ore and coking coal. Rebar and wire rod carry it, sold mainly within its home region. Gansu's state-owned Jiugang group controls it.
Moat: none (scale). Commodity regional steel; margins tied to input costs and local infrastructure demand.
Headquarters: Jiayuguan, China · Employees: 15,992
Size Gansu Jiu Steel Group Hongxing Iron & Steel (600307.SS) is a China Materials company (Steel) with a market value of $1.25B, the 1907th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥1.33 on 6 Nov 2026.
Performance Over six months the shares fell 24.9%, against -24.9% for the median peer and -16.4% for the China market (cap-weighted) — 10th highest of 20 in its peer set.
Growth Revenue fell 5.7% over the last twelve months (peer median +5.0%); the operating margin is -5.0% (peer median 1.4%).
Valuation It trades at 1.82× book value against a peer median of 1.27× (5th most expensive of 21).
Price implies The share price implies a return on equity of about 10.9%; Gansu Jiu Steel Group Hongxing Iron & Steel delivers -40.9%, so the price asks more than the business earns today.
Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥30.9B | CN¥30.6B | CN¥34.8B | CN¥39.4B | CN¥44.6B |
| Revenue growth | — | -12% | -12% | -12% | — |
| Gross profit | CN¥2.98B | CN¥2.13B | CN¥1.54B | CN¥2.43B | CN¥796M |
| EBITDA | n/a | CN¥249M | -CN¥925M | CN¥589M | -CN¥957M |
| Net income | -CN¥2.32B | -CN¥2.00B | -CN¥2.62B | -CN¥1.05B | -CN¥2.48B |
| Free cash flow | -CN¥2.58B | -CN¥5.07B | -CN¥5.23B | -CN¥2.71B | -CN¥621M |
| Capital expenditure | CN¥2.65B | CN¥4.66B | CN¥5.38B | CN¥3.29B | CN¥2.18B |
| Total debt | CN¥33.4B | CN¥34.6B | CN¥30.7B | CN¥26.1B | CN¥21.4B |
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 |
|---|---|---|---|---|---|---|
| Gansu Jiu Steel Group Hongxing Iron & Steel 600307.SS | $1.25B | -25% | -6% | -41% | 1.82× | 10.9% |
| Baoshan Iron & Steel 600019.SS | $19.9B | -3% | +6% | 4% | 0.65× | 3.8% |
| Hunan Valin Steel 000932.SZ | $3.49B | -27% | -7% | 1% | 0.43× | 3.1% |
| Angang Steel 000898.SZ | $2.50B | -15% | -6% | -14% | 0.46× | 3.6% |
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 | 600307.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -8.9% | -5.5% | 8th lowest of 21 |
| 6-month return | -24.9% | -24.9% | 10th highest of 20 |
| Return on equity | -40.9% | 3.0% | 2nd lowest of 20 |
| Price / book | 1.82× | 1.27× | 5th most expensive of 21 |
| ROE the price implies | 10.9% | 11.8% | 10th least demanding of 21 |
| ROE delivered | -40.9% | 3.7% | 2nd lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Gansu Jiu Steel Group Hongxing Iron & Steel 600307.SS | China | $1.25B | -25% | -6% | -41% | 1.82× | 10.9% | -40.9% |
| Bengang Steel Plates 000761.SZ | China | $1.25B | -26% | -2% | -76% | 2.44× | 19.7% | -76.3% |
| NMDC Steel NSLNISP.NS | India | $1.23B | -10% | +42% | 0% | 0.88× | 15.6% | n/a |
| Liuzhou Iron & Steel 601003.SS | China | $1.28B | -29% | 0% | 0% | 0.93× | 6.7% | 0.5% |
| Fushun Special Steel 600399.SS | China | $1.22B | -25% | +6% | -11% | 1.56× | 13.3% | -11.2% |
| Yongjin Technology 603995.SS | China | $1.28B | +22% | +11% | 10% | 1.39× | 16.2% | 10.3% |
| Beijing Lier High-Temperature Materials 002392.SZ | China | $1.20B | -29% | +16% | 9% | 1.25× | 11.7% | 8.8% |
| Impro Precision Industries 1286.HK | Hong Kong | $1.30B | -52% | +20% | 13% | 1.51× | 9.3% | 13.4% |
| Xinyu Iron & Steel 600782.SS | China | $1.20B | -17% | -13% | -4% | 0.32× | 2.3% | -4.4% |
| YODOKO 5451.T | Japan | $1.31B | +1% | -2% | 11% | 0.96× | 5.9% | 10.7% |
| Guizhou Aviation Technical Development 688239.SS | China | $1.19B | -39% | +23% | 11% | 3.54× | 30.1% | 10.7% |
| HBIS Resources 000923.SZ | China | $1.33B | -19% | -5% | 0% | 0.91× | 7.2% | 0.0% |
| Zhongnanhong Culture 002445.SZ | China | $1.17B | -7% | -1% | 1% | 3.37× | 19.1% | 1.2% |
| Tokyo Steel Manufacturing 5423.T | Japan | $1.17B | -1% | -1% | 4% | 0.78× | 4.5% | 4.4% |
| Gallantt Ispat GALLANTT.NS | India | $1.36B | -38% | +6% | 12% | 3.70× | 74.8% | 12.4% |
| Fangda Special Steel Technology 600507.SS | China | $1.38B | -32% | +8% | 3% | 0.91× | 5.1% | 3.0% |
| Vedanta Iron And Steel VISL.NS | India | $1.11B | n/a | n/a | n/a | 1.79× | 14.4% | n/a |
| Feng Hsin Steel 2015.TW | Taiwan | $1.11B | +4% | -12% | 11% | 1.62× | 6.9% | 11.0% |
| TSP Wind Power 300129.SZ | China | $1.10B | -42% | -26% | 0% | 1.29× | 11.8% | 0.2% |
| Ryerson RYZ | United States | $1.43B | +1% | +53% | 1% | 1.09× | 13.3% | 1.3% |
| Dalian Huarui Heavy Industry 002204.SZ | China | $1.43B | -28% | +5% | 8% | 1.15× | 7.0% | 8.3% |