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Major Chinese steel producer in Anhui, part of the Baowu group, making rail, plate and long steel products.
Major Chinese steel producer in Anhui, part of the Baowu group, making rail, plate and long steel products.
Sells steel at prices tied to China's market, with rail products such as train wheels and track steel as its specialty, supplied on orders from railway operators and manufacturers. China Baowu Steel Group, the state-owned giant, took control of its parent group in 2019.
In one line: A large Chinese integrated steel mill.
Moat: none (scale). Commodity steel production, though a notable domestic rail-steel supplier, in a chronically oversupplied industry.
Headquarters: Ma'anshan, China · Founded: 1953 · Employees: 16,780
Size Maanshan Iron & Steel (600808.SS) is a China Materials company (Steel) with a market value of $2.32B, the 1097th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥2.27 on 6 Nov 2026.
Performance Over six months the shares fell 41.3%, against -24.4% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 20 in its peer set.
Growth Revenue fell 4.4% over the last twelve months (peer median -0.1%); the operating margin is -0.4% (peer median 3.8%).
Valuation It trades at 0.73× book value against a peer median of 1.34× (8th cheapest of 21).
Price implies The share price implies a return on equity of about 5.4%; Maanshan Iron & Steel delivers -2.0%, 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 | CN¥74.5B | CN¥77.4B | CN¥54.2B | CN¥98.9B | CN¥102B |
| Revenue growth | — | +43% | -45% | -3% | — |
| Gross profit | CN¥6.17B | CN¥3.76B | -CN¥28.7B | CN¥1.32B | CN¥3.02B |
| EBITDA | n/a | CN¥4.80B | CN¥552M | CN¥2.04B | CN¥1.87B |
| Net income | -CN¥471M | -CN¥209M | -CN¥4.66B | -CN¥1.33B | -CN¥885M |
| Free cash flow | CN¥1.90B | CN¥2.24B | -CN¥538M | -CN¥4.27B | -CN¥1.32B |
| Capital expenditure | CN¥1.92B | CN¥1.99B | CN¥1.68B | CN¥6.40B | CN¥8.34B |
| Total debt | CN¥27.0B | CN¥27.0B | CN¥31.7B | CN¥29.6B | CN¥34.5B |
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 |
|---|---|---|---|---|---|---|
| Maanshan Iron & Steel 600808.SS | $2.32B | -41% | -4% | -2% | 0.73× | 5.4% |
| Baoshan Iron & Steel 600019.SS | $19.9B | -3% | +6% | 4% | 0.65× | 3.8% |
| Angang Steel 000898.SZ | $2.50B | -15% | -6% | -14% | 0.46× | 3.6% |
| HBIS 000709.SZ | $2.96B | -16% | -6% | 2% | 0.39× | 3.0% |
| Nanjing Iron & Steel 600282.SS | $3.99B | -20% | +12% | 9% | 0.97× | 5.2% |
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 | 600808.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.0% | -7.6% | 10th highest of 21 |
| 6-month return | -41.3% | -24.4% | 2nd lowest of 20 |
| Return on equity | -2.0% | 5.0% | 5th lowest of 21 |
| Price / book | 0.73× | 1.34× | 8th cheapest of 21 |
| ROE the price implies | 5.4% | 11.4% | 7th least demanding of 21 |
| ROE delivered | -2.0% | 3.9% | 5th lowest of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Maanshan Iron & Steel 600808.SS | China | $2.32B | -41% | -4% | -2% | 0.73× | 5.4% | -2.0% |
| Alleima ALLEI.ST | Sweden | $2.32B | +9% | -5% | 6% | 1.31× | 13.1% | 6.1% |
| Daido Steel 5471.T | Japan | $2.29B | -4% | +8% | 8% | 0.71× | 8.8% | 8.1% |
| Advanced Technology & Materials 000969.SZ | China | $2.28B | -32% | +37% | 8% | 2.53× | 25.5% | 7.8% |
| Hainan Mining 601969.SS | China | $2.44B | -33% | +29% | 11% | 2.27× | 20.6% | 10.9% |
| Angang Steel 0347.HK | Hong Kong | $2.48B | -32% | -1% | -14% | 0.20× | 4.6% | -14.2% |
| KIOCL KIOCL.NS | India | $2.15B | -18% | +27% | 1% | 11.72× | 157.0% | n/a |
| Xinxing Ductile Iron Pipes 000778.SZ | China | $2.05B | -24% | +15% | 3% | 0.52× | 3.7% | 2.6% |
| Sims SGM.AX | Australia | $2.62B | -11% | +7% | 9% | 1.42× | 17.2% | 9.4% |
| Aperam APAM.AS | Netherlands | $2.63B | -32% | -4% | 4% | 0.73× | 9.8% | 3.9% |
| Outokumpu OUT1V.HE | Finland | $1.99B | -31% | -7% | -2% | 0.52× | 8.0% | -2.3% |
| Shandong Iron and Steel 600022.SS | China | $1.98B | -12% | -10% | -1% | 0.71× | 4.8% | -1.1% |
| Hyundai Steel 004020.KS | South Korea | $2.73B | -34% | +2% | 0% | 0.19× | 3.9% | n/a |
| Hangzhou Iron & Steel 600126.SS | China | $2.73B | -38% | -58% | -1% | 0.94× | 9.7% | -0.9% |
| Zhejiang Jiuli Hi-Tech Metals 002318.SZ | China | $2.75B | -37% | -38% | 9% | 2.33× | 14.6% | 8.7% |
| Fujian Makeng Mining 601123.SS | China | $2.76B | n/a | -3% | 18% | 3.62× | 64.7% | n/a |
| Shanxi Taigang Stainless Steel 000825.SZ | China | $2.78B | -24% | +1% | -2% | 0.57× | 4.8% | -2.2% |
| Worthington Steel WS | United States | $1.88B | -9% | +69% | -3% | 1.78× | 25.0% | -3.1% |
| Yongxing Special Materials Technology 002756.SZ | China | $2.88B | -59% | +30% | 11% | 1.37× | 14.9% | 11.4% |
| Tung Ho Steel Enterprise 2006.TW | Taiwan | $1.86B | +26% | -4% | 14% | 1.71× | 5.2% | n/a |
| Ratnamani Metals & Tubes RATNAMANI.NS | India | $1.83B | -13% | -16% | 12% | 4.19× | 41.6% | n/a |