Angang Steel Co Stock

Angang Steel Co ROCE

The Return on Capital Employed (ROCE) of Angang Steel Co (000898.SZ) as of Aug 1, 2026 is -15.63 %. In the previous year, Return on Capital Employed (ROCE) was -7.98 % — a change of 95.95% (lower).

ROCE

-15.63 %

YoY

95.95%

Last updated:

In 2026, Angang Steel Co's return on capital employed (ROCE) was -15.63 %, a 95.95% increase from the -7.98 % ROCE in the previous year.

Access this data via the Eulerpool API

Angang Steel Co Stock analysis

What does Angang Steel Co do? Angang Steel Co Ltd is one of the largest steel companies in China, specializing in the production of high-quality steel products and sheets. The company was founded in 1958 in Anshan, Liaoning Province, and has since become one of the largest steel manufacturers in China. Currently, the company employs more than 40,000 employees and is listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange. The business model of Angang Steel Co Ltd focuses on the production of various steel products, which are sold both domestically and internationally. The company relies on advanced technology and sustainable production methods to meet the constantly growing demands of customers. Specifically, the company has established its business in the areas of steel production, research and development, and distribution to strengthen its position in the global market and ensure the company's growth. Angang Steel Co Ltd was founded in 1958 and was one of the largest steel manufacturers in China at that time. From the beginning, the company focused on modernization and renewal of the steel industry to produce high-quality products and meet the high demands of customers. In the following decades, Angang Steel Co Ltd pursued consistent expansion to increase its market presence and achieve international success. In 1988, the company participated in a joint venture with a Japanese company to improve its capabilities and technologies, and enhance its competitiveness. Angang Steel Co Ltd operates in various sectors to serve a broad customer base and achieve high productivity. The company produces sheets, long products, rolled wire, seamless steel pipes, welded steel pipes, stainless steel, and specialty steels. These products are used in various industries including automotive, construction, shipbuilding, machinery, and energy. There are 15 factories in three different production areas: steel, carbon, and chrome/molybdenum/stainless steel. Angang Steel Co Ltd offers a wide range of high-quality steel products and sheets. These products are available in various sizes and formats and can be customized to meet customer needs. The company's key products include carbon steel plates, hot-rolled and cold-rolled steel plates, welded steel pipes, and seamless steel pipes. There are also specialty steel products such as specialty steel and stainless steel, which meet the highest requirements and are used in industries such as the aviation industry. In conclusion, Angang Steel Co Ltd is a significant steel company with a long history in the production of high-quality steel products and sheets. The company specializes in sustainable production methods, modern technology, and research and development to provide its customers with the highest quality and best service. This commitment has helped Angang Steel Co Ltd become one of the largest and most successful steel companies in China and worldwide. Angang Steel Co is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Angang Steel Co's Return on Capital Employed (ROCE)

Angang Steel Co's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Angang Steel Co's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Angang Steel Co's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Angang Steel Co’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Angang Steel Co stock

Return on Capital Employed (ROCE) of Angang Steel Co is -15.63 % in 2026.

Access this data via the Eulerpool API

Profitability — Angang Steel Co

All Key Metrics — Angang Steel Co