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Chongqing Iron & Steel Co., Ltd. Class H
(1053)
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Rating:44Neutral
Price Target:
HK$0.87
▼(-27.06% Downside)
Action:Reiterated
Date:09/06/26
The score is driven mainly by weak multi-year profitability and negative operating margins, with only partial offset from generally positive operating cash flow. Technicals remain neutral-to-weak with the stock below longer-term moving averages, and valuation is constrained by losses (negative P/E) with no dividend yield data to provide support.
Positive Factors
Positive Operating Cash Flow
Consistently positive operating cash flow indicates that the core steel business is still converting operations into cash despite reported losses. This provides an internal funding source for working capital and essential investment, while reducing immediate dependence on external financing through the next several quarters.
Negative Factors
Sustained Net Losses
Multi-year losses point to a persistent deterioration in earnings power rather than a single weak quarter. Continued negative results can reduce retained capital, constrain investment choices, and make it harder for the company to benefit fully from any recovery in steel demand over the coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Positive Operating Cash Flow
Consistently positive operating cash flow indicates that the core steel business is still converting operations into cash despite reported losses. This provides an internal funding source for working capital and essential investment, while reducing immediate dependence on external financing through the next several quarters.
Read all positive factors
Chongqing Iron & Steel Co., Ltd. Class H (1053) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$13.20B
Dividend Yield6.49%
Average Volume (3M)1.64M
Price to Earnings (P/E)―
Beta (1Y)1.07
Revenue Growth-6.57%
EPS Growth-6.67%
CountryHK
Employees5,204
SectorBasic Materials
Sector Strength58
IndustrySteel
Share Statistics
EPS (TTM)-0.32
Shares Outstanding538,127,260
10 Day Avg. Volume1,170,000
30 Day Avg. Volume1,635,666
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)0.67
Price to Sales (P/S)0.39
P/FCF Ratio14.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Chongqing Iron & Steel Co., Ltd. Class H Business Overview & Revenue Model
Company Description
Chongqing Iron & Steel Company Limited, together with its subsidiaries, engages in the produces and sells of steel plates in the People’s Republic of China. The company offers wide and thick plates, including boiler and pressure vessel steel plate...
How the Company Makes Money
Chongqing Iron & Steel Co., Ltd. primarily makes money by producing and selling steel products. Revenue is generated mainly from: (1) sales of finished steel products (e.g., rolled and processed steel products) to downstream customers such as cons...
Chongqing Iron & Steel Co., Ltd. Class H Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
45
Neutral
Cash Flow
54
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.75B | 24.00B | 27.24B | 39.32B | 36.56B | 39.85B |
| Gross Profit | 121.05M | 196.91M | -1.36B | -882.18M | -30.86M | 3.90B |
| EBITDA | -2.25B | -763.64M | ― | 218.44M | 565.80M | 4.00B |
| Net Income | -265.88M | -2.72B | ― | ― | ― | 2.27B |
Balance Sheet | ||||||
| Total Assets | 32.82B | 32.09B | 35.48B | 37.36B | 39.36B | 43.00B |
| Cash, Cash Equivalents and Short-Term Investments | 3.49B | 2.71B | 3.02B | 1.94B | 4.00B | 7.01B |
| Total Debt | 9.28B | 3.56B | 2.60B | 3.62B | 6.49B | 6.91B |
| Total Liabilities | 17.76B | 18.17B | 18.87B | 17.50B | 18.02B | 20.62B |
| Stockholders Equity | 14.74B | 13.91B | 16.61B | 19.85B | 21.34B | 22.38B |
Cash Flow | ||||||
| Free Cash Flow | 408.44M | 651.67M | 543.78M | 205.66M | -1.22B | 730.11M |
| Operating Cash Flow | 1.33B | 1.65B | 1.31B | 1.02B | 1.47B | 5.62B |
| Investing Cash Flow | -673.10M | -1.63B | -789.20M | -801.07M | -2.11B | -5.54B |
| Financing Cash Flow | -273.30M | -893.79M | 459.92M | -2.33B | -1.25B | 1.05B |
Chongqing Iron & Steel Co., Ltd. Class H Technical Analysis
Positive
1.19
Price Trends
0.89
Positive
0.96
Negative
1.09
Negative
Market Momentum
>-0.01
Negative
56.55
Neutral
62.96
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1053, the sentiment is Positive. The current price of 1.19 is above the 20-day moving average (MA) of 0.90, above the 50-day MA of 0.89, and above the 200-day MA of 1.09, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 56.55 is Neutral, neither overbought nor oversold. The STOCH value of 62.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1053.
Chongqing Iron & Steel Co., Ltd. Class H Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | HK$225.48M | 1.63 | 7.82% | 2.39% | -39.70% | -51.97% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | HK$8.61B | 17.93 | 5.60% | 1.79% | 7.88% | 16.03% | |
48 Neutral | HK$20.80B | -99.62 | -0.85% | 1.64% | 3.33% | 94.10% | |
45 Neutral | HK$20.37B | -3.90 | -11.45% | 0.38% | -1.22% | 8.37% | |
44 Neutral | HK$13.20B | -4.00 | -18.85% | 6.49% | -6.57% | -6.67% | |
43 Neutral | HK$47.52M | -2.90 | -49.70% | ― | -1.48% | 69.34% |
* Basic Materials Sector Average
HK:1053
Chongqing Iron & Steel Co., Ltd. Class H
0.92
-0.42
-31.20%
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-28.63%
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3.23
0.59
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GT Steel Construction Group Limited
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-41.07%
Chongqing Iron & Steel Co., Ltd. Class H Corporate Events
Chongqing Iron & Steel Posts Unaudited Interim Results With No Dividend Plan
Aug 31, 2026
Chongqing Iron Steel Co., Ltd., a dual-listed Chinese steel manufacturer with A shares on the Shanghai Stock Exchange and H shares on the Hong Kong Stock Exchange, operates in the iron and steel industry from Chongqing’s Changshou District....
Chongqing Iron & Steel posts preliminary H1 2026 production and pricing data
Aug 31, 2026
Chongqing Iron Steel Company Limited reported unaudited operating data for the first half of 2026, showing total steel production of about 3.55 million tons and sales of 3.53 million tons across plates, hot rolling and billets. Average selling pr...
Chongqing Iron & Steel Sets Board Meeting to Approve 2026 Interim Results
Aug 17, 2026
Chongqing Iron Steel Company Limited has scheduled a board meeting for 28 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026. The board may also address other matters at the meeting, signaling an...
Chongqing Iron & Steel Tightens Governance With New Audit and Risk Committee Rules
Aug 5, 2026
Chongqing Iron Steel Co., Ltd. has formally established detailed work regulations for its Board’s Audit and Risk Committee to strengthen corporate governance and internal supervision. The rules are framed under Chinese company law and listi...
Chongqing Iron & Steel Tightens Governance With New Remuneration Committee Rules
Aug 5, 2026
Chongqing Iron Steel Co., Ltd. has formalised detailed work regulations for its Remuneration and Appraisal Committee under Chinese and Hong Kong securities and corporate governance rules. The committee is tasked with developing performance apprai...
Chongqing Iron & Steel Sets Up Nomination Committee to Strengthen Governance
Aug 5, 2026
Chongqing Iron Steel has established a Nomination Committee of the Board to standardize how directors and senior management are selected, with the goal of optimizing board composition and improving corporate governance. The committee is created i...
Chongqing Iron & Steel Finalises Capital Injection into Baowu Units After Valuation Adjustments
Jul 31, 2026
Chongqing Iron Steel Company Limited has completed the execution of a capital injection agreement involving Baowu Environment and Baowu Water, finalising a connected transaction first announced in May 2026. The deal is based on state-approved val...
Chongqing Iron & Steel Warns of Wider First-Half Loss but Signals Second-Quarter Profit
Jun 30, 2026
Chongqing Iron Steel Company Limited reported that it expects a net loss of RMB179 million for the first half of 2026, a wider loss than the same period last year, with net loss excluding non-recurring items projected at RMB203 million. Managemen...
Chongqing Iron & Steel Shareholders Approve 2025 Financial Accounts at AGM
Jun 26, 2026
Chongqing Iron Steel Co., Ltd. convened its 2025 annual general meeting in Chongqing, confirming that the meeting complied with PRC company law and stock exchange regulations and was attended by six of its seven directors alongside senior managem...
Chongqing Iron & Steel completes RMB994 million targeted A-share issuance to Hwabao
Jun 23, 2026
Chongqing Iron Steel Co., Ltd. has completed a targeted issuance of A shares to Hwabao Investment under a specific mandate, issuing 757,575,757 new A shares at RMB1.32 each. This new tranche represents about 7.88% of the company’s enlarged ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.