Angang Steel Co Stock

Angang Steel Co ROE

The Return on Equity (ROE) of Angang Steel Co (000898.SZ) as of Aug 1, 2026 is -14.94 %. In the previous year, Return on Equity (ROE) was -5.94 % — a change of 151.30% (lower).

ROE

-14.94 %

YoY

151.30%

Last updated:

In 2026, Angang Steel Co's return on equity (ROE) was -14.94 %, a 151.30% increase from the -5.94 % ROE in the previous year.

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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.

ROE Details

Decoding Angang Steel Co's Return on Equity (ROE)

Angang Steel Co's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Angang Steel Co's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Angang Steel Co's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Angang Steel Co’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Angang Steel Co stock

Return on Equity (ROE) of Angang Steel Co is -14.94 % in 2026.

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Profitability — Angang Steel Co

All Key Metrics — Angang Steel Co