SEE FULL COMPANY PROFILES WITH A FREE TRIAL
EMIS is the definitive emerging markets news, research, company, and financial data resource. EMIS - ISI Emerging MarketsLEARN MORE
Search for another company:
ALL
Hong Kong
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).

Angang Steel Company Limited (鞍钢股份有限公司)

Main Activities: Steel Product Manufacturing from Purchased Steel

facebook Please check the full coverage of information what EMIS can offer you. SEE SAMPLE

Company Information

Full name
Angang Steel Company Limited (鞍钢股份有限公司)

Headquarters
Edinburgh Tower, 33rd Floor, The Landmark, 15 Queen's Road Central, Hong Kong; Hong Kong; Hong Kong
Status: Listed
Legal Form: Public Limited Company
Operational Status: Operational
ISIN CODE : CNE1000001V4
Financial Auditors: RSM China Certified Public Accountants
RSM Nelson Wheeler (2013)
Incorporation Date: May 8, 1997
Total Employees: 28,288

Tel: (86-412) 6734-881

Company Description

The Company is a major steel manufacturer in the PRC. Its principal business includes production and sale of products including hot rolled products, cold rolled products, medium and thick plates and other steel products.

Company Analysis

According to the Consolidated - Audited financial statement for the first half of 2012, total net operating revenues decreased with -15.01%, from CNY 46,334,000,000 to CNY 39,378,000,000 . The results of the period reached CNY -2,080,000,000 at the end of the period against CNY 144,000,000 last year. Return on equity (Net income/Total equity) went from 0.26% to -4.12%, the Return On Asset (Net income / Total Asset) went from 0.14% to -1.95% and the Net Profit Margin (Net Income/Net Sales) went from 0.31% to -5.28% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 111.11% compared to 95.69% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.88 to 0.70 when compared to the previous year.

Key Executives

Zhang Xiaogang Chairman and Executive Director
Zhang Xiaogang Chairman and Executive Director
Fu Jihui Executive Director
Yu Wanyuan Non-Executive Director
Li Shijun Independent Non-Exec Director
More

Companies with Similar Main Activities

ISI Emerging Markets

FULL COMPANY PROFILE

Please check the full coverage of information what EMIS can offer you.
SEE SAMPLE
SELECT CURRENCY
Balance Sheet

Total Assets

106,709,000

102,988,000

Current Assets

32,612,000

28,364,000

Total Liabilities

56,163,000

50,683,000

Shareholders Equity

50,546,000

52,305,000

Current Liabilities

46,294,000

36,823,000

* All the accounts are in CNY.
Income Statement

Total Operating Revenue

39,378,000

90,207,000

Operational Profit (Loss)

-2,426,000

Net Profit (Loss)

-2,080,000

-2,349,000

* All the accounts are in CNY.
Ratios
Profitability Ratios

Return on Assets (ROA)

-1.85%

-2.1%

Annualised Return on Assets (ROA)

-3.9%

-2.28%

Return on Equity (ROE)

-4.12%

-4.49%

Annualised Return on Equity (ROE)

-8.24%

-4.49%

Return on Sales (ROS)

-5.28%

-2.6%

Return on Capital

-3.44%

-3.55%

Gross Profit Margin

2.5%

0.98%

Operating Profit Margin

-2.91%

-2.69%

Efficiency Ratios

Accounts Receivable Turnover

2.84x

11.58x

Inventory Turnover

3.09x

6.33x

Current asset turnover

1.21x

3.18x

Fixed-asset turnover

0.64x

1.44x

Asset Turnover

0.37x

0.88x

Valuation figures and ratios

Earning Before Interests and Taxes (EBIT)

-1,923,000

-1,764,000

EBITDA

-

4,624,000

Enterprise value

28,301,252

27,902,077

Enterprise Value / EBITDA

-

4.97

Bookvalue (BV)

42,050,000

43,927,000

Liquidity Ratios

Current Ratio

70.45%

77.03%

Quick ratio

42.88%

38.35%

Doom's day ratio

5.61%

6.36%

Leverage Ratios

Leverage ratio

211.11%

196.9%

Debt to equity

50.31%

45.44%

Debt to total assets

23.83%

23.08%

Debt / Enterprise Value

46.14%

37.47%

Market ratios

Price/Book Ratio

0

0.77

Trend Ratios

Revenue Trend

84.99%

97.83%

Net Income Trend

-1,444.44%

-119.54%

Operating Income Trend

4,009.46%

-183.59%