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← CockpitCompetitor Analysis › 600581.SS Xinjiang Ba Yi Iron & Steel Co., Ltd. Class AOpen in the cockpit ↗

Xinjiang Ba Yi Iron & Steel Co., Ltd. Class A600581.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Steel
Momentum strong 61
Mkt cap
$526M
US dollars, full cap
Free float
48%
of shares outstanding
$/day
$2.88M
20-day average traded
Fwd P/E
5.9×
forward earnings
ROIC−WACC
-7.6 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
165 days
20 Apr 2027
Close · CNYCN¥2.29
1D+0.4%
1W+2.7%
1M-6.5%
3M-3.0%
6M-18.8%
YTD-31.4%
1Y-50.4%
ATR %3.1%
52w lowhigh50.4% off high

What Xinjiang Ba Yi Iron & Steel does

Employees: 6,610

Xinjiang Ba Yi Iron & Steel at a glance

Size Xinjiang Ba Yi Iron & Steel (600581.SS) is a China Materials company (Steel) with a market value of $526M, the 3736th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.29 on 6 Nov 2026.

Performance Over six months the shares fell 18.8%, against -14.7% for the median peer and -16.4% for the China market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue grew 0.4% over the last twelve months (peer median +2.1%); the operating margin is -8.2% (peer median 3.7%).

Valuation It trades at 5.9× forward earnings against a peer median of 15.6× (cheapest of 13).

Capital Return on invested capital runs 7.6 points below its cost of capital (5.0% WACC).

Next results Next results expected around 20 Apr 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 87600581.SS 83
Six months, rebased to 100: Xinjiang Ba Yi Iron & Steel against the median of its 20 peers (local-currency closes).

Xinjiang Ba Yi Iron & Steel financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥18.5BCN¥18.7BCN¥18.7BCN¥23.0BCN¥23.0B
Revenue growth—0%-19%0%—
Gross profitCN¥1.42BCN¥146M-CN¥405MCN¥787M-CN¥37.7M
EBITDAn/aCN¥372M-CN¥184MCN¥486M-CN¥158M
Net income-CN¥1.87B-CN¥1.88B-CN¥1.76B-CN¥1.16B-CN¥1.36B
Free cash flow-CN¥2.41B-CN¥2.28B-CN¥163M-CN¥933MCN¥378M
Capital expenditureCN¥507MCN¥507MCN¥1.75BCN¥364MCN¥278M
Total debtCN¥16.3BCN¥19.3BCN¥19.7BCN¥19.1BCN¥18.1B

Quarterly statements and history in the cockpit →

Xinjiang Ba Yi Iron & Steel competitor charts

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.

Performance: 6-month against 1-month return

-60%-40%-20%0%+20%-10%0%BANSALWIRE603500SAMBHV5480SURYAROSNI605158GOODLUCK56020006559957003037600408FXPOELECTCAST20107231603315100090600581.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Xinjiang Ba Yi Iron & Steel is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%20×40×BANSALWIRESAMBHV5480SURYAROSNIGOODLUCK56020006555440ELECTCAST2014100090600581.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Xinjiang Ba Yi Iron & Steel is the large dot.

Xinjiang Ba Yi Iron & Steel competitors and peer comparison

How Xinjiang Ba Yi Iron & Steel compares with its peers

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.

Xinjiang Ba Yi Iron & Steel against its 20 peers (data as of 6 Nov 2026)
Measure600581.SSPeer medianRank in peer set
1-month return-6.5%-9.4%10th highest of 21
6-month return-18.8%-14.7%8th lowest of 21
Distance from 52-week high-50.4%-29.8%5th lowest of 21
Revenue growth (TTM)+0.4%+2.1%9th lowest of 21
Operating margin-8.2%3.7%2nd lowest of 21
Forward P/E5.9×15.6×cheapest of 13
ROIC minus cost of capital-7.6 pp-3.9 pp4th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Xinjiang Ba Yi Iron & Steel 600581.SSChina$526M-19%0%-8%5.9×n/an/a
Bansal Wire Industries BANSALWIRE.NSIndia$517M+3%+20%6%25.4×31.6%+23.0%
Zhejiang Tiantai Xianghe Industrial 603500.SSChina$515M-3%+22%20%n/a8.2%+25.0%
Sambhv Steel Tubes SAMBHV.NSIndia$510M+27%+42%10%24.2×n/an/a
Nippon Yakin Kogyo 5480.TJapan$504M+17%+1%9%8.8×-1.0%+6.0%
Surya Roshni SURYAROSNI.NSIndia$500M-20%+12%5%11.0×20.2%+6.3%
Zhejiang Huada New Materials 605158.SSChina$496M-17%+22%0%n/a0.1%+2.8%
Goodluck India GOODLUCK.NSIndia$571M+15%+10%8%24.5×n/an/a
Kurimoto,Ltd 5602.TJapan$576M-4%+3%7%10.5×2.1%+1.9%
Shandong Jinling Mining 000655.SZChina$578M-22%+11%3%15.4×23.3%+3.1%
Yieh United Steel 9957.TWOTaiwan$581M-18%-10%-12%n/an/an/a
Guangdong Sanhe Pile 003037.SZChina$466M-28%-9%1%n/an/an/a
Shanxi Antai 600408.SSChina$456M-8%-5%-3%n/a28.8%-10.7%
Kyoei Steel 5440.TJapan$455M-13%+7%4%8.8×-7.0%+6.8%
Ferrexpo FXPO.LUnited Kingdom$453M-55%-39%-1%n/an/an/a
Electrosteel Castings ELECTCAST.NSIndia$450M-25%-16%2%26.5×12.6%+11.3%
Chun Yuan Steel Industry 2010.TWTaiwan$445M-8%+2%8%n/a-11.7%+4.7%
Topy Industries 7231.TJapan$440M+1%+2%2%9.0×6.0%+5.8%
Liaoning Fu-An Heavy Industry 603315.SSChina$439M-46%-4%3%n/a31.1%+7.5%
Chung Hung Steel 2014.TWTaiwan$636M-16%-17%-1%54.3×-10.1%-12.4%
SK oceanplant 100090.KSSouth Korea$430M-62%-5%8%15.7×n/an/a

Questions

Which companies are Xinjiang Ba Yi Iron & Steel's closest peers?
The cockpit's peer set: Bansal Wire Industries (BANSALWIRE.NS), Zhejiang Tiantai Xianghe Industrial (603500.SS), Sambhv Steel Tubes (SAMBHV.NS), Nippon Yakin Kogyo (5480.T), Surya Roshni (SURYAROSNI.NS), Zhejiang Huada New Materials (605158.SS), Goodluck India (GOODLUCK.NS), Kurimoto,Ltd (5602.T).
Is Xinjiang Ba Yi Iron & Steel expensive compared with its peers?
On forward p/e it trades at 5.9× against a peer median of 15.6×, cheapest of 13 in its peer set.
How has Xinjiang Ba Yi Iron & Steel stock performed?
Over six months to 6 Nov 2026 the shares returned -18.8% against -14.7% for the median peer; over one year -50.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.