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Maanshan Iron & Steel Company Limited (China)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing | Steel Product Manufacturing from Purchased Steel
Secondary Activities: Metal and Mineral (except Petroleum) Merchant Wholesalers
Full name: Maanshan Iron & Steel Company Limited Profile Updated: October 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Maanshan Iron & Steel Company Limited is a major steel production base and a large-scale steel and iron joint enterprise in China. The company's main business includes the smelting and rolling processing of black metal, product sales, steel product processing, mineral product selection, construction, design, steel structure, equipment manufacturing and installation, technical consulting, and labor services. The company has world-class production lines for cold and hot-rolled thin plates, galvanized plates, color-coated plates, large and small H-beams, high-speed wire rods, and high-speed wheels. The majority of the equipment has achieved large-scale and modernization, with 70% of the process equipment reaching advanced international levels. The company has formed a unique product structure of "plates, profiles, wires, and wheels." It has also achieved growth in areas such as metallurgical equipment manufacturing, deep processing of steel products, mineral product development, construction, design, real estate, and comprehensive resource utilization. The company has been honored with various awards, including the National "May 1st" Labor Certificate, the Advanced Collective of the National State-owned Enterprise "Four Good" Leadership Team, the National Contract-honoring and Credit-keeping Enterprise, the Outstanding Contribution Award for National Skill Talent Cultivation, the National Model Harmonious Labor Relations Enterprise, and the National Quality and Efficiency Advanced Enterprise.

Headquarters
No. 8, Jiuhua West Road, Yushan District, Ma'anshan City, Anhui Province
Maanshan; Anhui; Postal Code: 243003

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Website: http://www.magang.com.cn;www.magang.com.hk

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 01, 1993
Key Executives
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Chairman of the Supervisory Board
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Director
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Director
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Director
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Deputy General Manager
Ownership Details
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47.17%
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22.1%
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1.79%
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1.25%
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1.03%
Subsidiaries
Baowu Group Ma Steel Rail Transit Material Technology Co., Ltd.
100%
MG Trading and Development GmbH
100%
MG-VALDUNES S.A.S
100%
Company Performance
Financial values in the chart are available after Maanshan Iron & Steel Company Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-16.78%
Total operating revenue
-17.1%
Operating profit (EBIT)
-49.75%
Net Profit (Loss) for the Period
-49.68%
Total assets
-3.9%
Total equity
-7.94%
Operating Profit Margin (ROS)
-1.89%
Net Profit Margin
-1.99%
Return on Equity (ROE)
-3.61%
Debt to Equity Ratio
15.79%
Quick Ratio
0.01%
Cash Ratio
0.03%

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