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000708 CS​

Citic Pacific Special Steel Group Co., Ltd. Class A(000708 CS)

$12.15-0.503.95%(Market Closed · 07:04:06 UTC · (15 min delay))

Overview

Profile

Financials & Metrics

FinancialsChartingEmployees

Citic Pacific Special Steel Group Co., Ltd. Class A — Company Profile

CITIC Pacific Special Steel Group Co., Ltd. is a prominent Chinese enterprise primarily engaged in the manufacturing and global distribution of a diverse range of specialized steel products. Its extensive product portfolio includes various alloy steel forms such as bars, wires, and round billets, alongside medium and thick plates, seamless steel pipes, and high-alloy pipes and fittings. The company also produces materials created through metallurgical forging, as well as specialized quenched and tempered steels, silver bright materials, and advanced deep-processing components like automotive springs. Beyond direct product manufacturing, the firm undertakes comprehensive industrial activities, encompassing iron and steel smelting, rolling, and coking, in addition to general metal rolling and wire processing. They also produce steel balls and are involved in the design, fabrication, and installation of steel structural parts and metallurgical equipment. The company sources and supplies ferrous and non-ferrous metals, along with other essential auxiliary materials. Its operational scope further extends to logistics and raw materials. This includes scrap steel recycling, a full suite of freight services (such as loading, unloading, warehousing, and forwarding), and terminal facilities management. They also engage in the processing and sale of iron ore powder, wharf construction, and the trade of high-grade oxidized magnet powder pellets. Furthermore, CITIC Pacific Special Steel is involved in energy production and sales, offering electricity, coal gas, coke (including diced and powder forms), sinter, and related chemical byproducts. Installation and maintenance of machinery and electrical equipment are also among its services. To support its operations and clients, the company provides rigorous inspection and testing, certification, technical consultation and assistance, and specialized staff training programs. Founded in 1993 and headquartered in Jiangyin, China, the company exports its products to approximately 60 countries and regions worldwide, including major markets like the United States, Japan, the European Union, and Southeast Asia. It rebranded to its current name, CITIC Pacific Special Steel Group Co., Ltd., in September 2019, having previously been known as Daye Special Steel Co., Ltd. The firm operates as a subsidiary of CITIC Pacific Special Steel Investment Limited.

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Exchange
CS
CEO
Yuandong Luo
Headquarters
Jiangyin, JS, CN
IPO Date
Mar 26, 1997
Employees
31,584
Website
www.citicsteel.com

Key Metrics

Price
$13.11
Market Cap
$66.17B
Revenue (TTM)
$26.49B
Net Income (TTM)
$1.51B
EPS (TTM)
0.30
P/E (TTM)
10.93
P/B (TTM)
1.47
Dividend Yield
4.60%
ROE (TTM)
3.35%
ROA (TTM)
1.39%
Operating Margin
7.04%
Beta
-0.06

Dividends

Last Dividend
$0.45
Last Yield
0.05%

Summary

CITIC Pacific Special Steel Group Co., Ltd. is a prominent Chinese enterprise primarily engaged in the manufacturing and global distribution of a diverse range of specialized steel products. Its extensive product portfolio includes various alloy steel forms such as bars, wires, and round billets, alongside medium and thick plates, seamless steel pipes, and high-alloy pipes and fittings. The company also produces materials created through metallurgical forging, as well as specialized quenched and tempered steels, silver bright materials, and advanced deep-processing components like automotive springs. Beyond direct product manufacturing, the firm undertakes comprehensive industrial activities, encompassing iron and steel smelting, rolling, and coking, in addition to general metal rolling and wire processing. They also produce steel balls and are involved in the design, fabrication, and installation of steel structural parts and metallurgical equipment. The company sources and supplies ferrous and non-ferrous metals, along with other essential auxiliary materials. Its operational scope further extends to logistics and raw materials. This includes scrap steel recycling, a full suite of freight services (such as loading, unloading, warehousing, and forwarding), and terminal facilities management. They also engage in the processing and sale of iron ore powder, wharf construction, and the trade of high-grade oxidized magnet powder pellets. Furthermore, CITIC Pacific Special Steel is involved in energy production and sales, offering electricity, coal gas, coke (including diced and powder forms), sinter, and related chemical byproducts. Installation and maintenance of machinery and electrical equipment are also among its services. To support its operations and clients, the company provides rigorous inspection and testing, certification, technical consultation and assistance, and specialized staff training programs. Founded in 1993 and headquartered in Jiangyin, China, the company exports its products to approximately 60 countries and regions worldwide, including major markets like the United States, Japan, the European Union, and Southeast Asia. It rebranded to its current name, CITIC Pacific Special Steel Group Co., Ltd., in September 2019, having previously been known as Daye Special Steel Co., Ltd. The firm operates as a subsidiary of CITIC Pacific Special Steel Investment Limited.

Website
www.citicsteel.com
Location
Jiangyin, JS, CN
Phone86 71 4629 7373
Employees31,584
CEOYuandong Luo
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
IPO DateMar 26, 1997

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Key Stats

Trading

Px/Chg 1D$13.11 / +2.42%
Avg Volume15.07M
Beta-0.06
Mkt Cap66.17B
FD Mkt Cap70.41B

Float

Shrs Out/Float5.05B / 815.07M
Short Float0.00%
Days to Cover0.00
Stock Repurchased$0.00

Current Valuation

EV96.01B
EV/EBITDA8.25
EV/Sales0.90
P/B1.47
P/S0.62
FCF Yield-0.04%
ROE3.35%
ROA1.39%
Current Ratio1.10

Dividend

Cash$0.45
Yield4.60%
Yield (TTM)4.60%

Estimates

P/E10.93
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Sep '26
PRICE-BASED RATIOS
Price / Earnings36.0658.5113.3612.2452.4243.78
Price / Sales2.194.000.670.573.202.50
Price / Book Value1.882.521.981.531.921.47
Price / Free Cash Flow-417.2218.538.836.15143.72-2,263.35
ENTERPRISE VALUE METRICS
Enterprise Value97,737.4100,325.8101,468.588,843.7102,034.496,014.6
Enterprise Value / Sales2.724.390.890.813.903.62
Enterprise Value / EBITDA28.8547.268.797.7532.4348.04
Enterprise Value / EBIT41.3176.8414.7713.7853.1148.04

Financials

Full Financials
Millions CNY5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue2.1%98,593.498,344.7114,018.8109,202.9107,110.6
Gross Income-2.1%16,245.314,173.714,450.013,393.614,945.8
EBITDA-67.1%13,350.011,253.411,548.811,460.112,995.3
EBIT-5.8%10,263.17,985.06,867.76,445.48,082.2
Net Income-6.6%7,777.77,105.45,721.25,125.65,928.7
EPS (Diluted)-7%1.541.381.111.001.15
BALANCE SHEET
Cash & ST Inv10.3%7,625.38,927.98,478.08,833.511,273.1
Total Assets6.8%84,701.490,774.9116,506.6111,043.4110,322.6
Total Liabilities5.7%51,908.754,337.374,872.167,215.064,849.0
Total Shareholder Equity7.5%32,629.336,277.438,609.140,930.443,588.0
CASH FLOW
Net Operating Cash Flow-6%12,739.013,434.410,658.110,741.59,929.4
Cap Ex-25.7%-2,523.7-1,787.9-1,997.4-552.4-770.0
Free Cash Flow-3.2%10,421.011,646.58,660.710,189.19,159.4

Enterprise Value Bridge

Millions CNY23 Oct '26
Price (As of 23 Oct '26)11.86
Basic Shares5,047.16
Market Cap59,859.3
Diluted Shares5,131.15
Fully Diluted Shares Outstanding5,131.15
Fully Diluted Market Cap60,855.4
+Consolidated Debt37,085.4
−In-the-Money Convertible Debt—
+Capital Leases35.3
+Operating Leases—
−Cash & Equivalents-7,617.2
−Short-term Investments-3.4
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,887.1
+Pension Liabilities—
Enterprise Value91,214.6

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