Baoshan Iron & Steel Co., Ltd. (600019.SS) stock analysis

In our weekly check, Baoshan Iron & Steel Co., Ltd. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 4, red flags: 7.

About Baoshan Iron & Steel Co., Ltd.

Baoshan Iron & Steel Co., Ltd. is a Basic Materials company (Steel) based in China, listed on SHH as 600019.SS.

What our checks show for 600019.SS

Red flags

• The net margin fell by 3.7 points over 5 years, to 2.8%: the company keeps less of each sale as profit.
• The gross margin fell by 4.9 points, to 6.1%: costs are rising faster than prices.
• Analysts expect revenue to shrink about 0.7% a year.
• Revenue fell 3.6% a year over the last 3 years.
• The net margin is only 2.8%: little room if costs rise.
• The stock has fallen as much as 86% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 4.5%.

Warning signs

• Earnings per share fell 5.8% a year over the last 3 years.
• Net profit fell 9.2% a year over the last 3 years.
• Free cash flow is only 2.3% of revenue.
• The stock is still below its previous peak.

Strengths

• Debt is low: 0.09x equity.
• Operating profit covers interest 14.2 times over.
• Operating cash flow is 2.89x net profit: the profit arrives as real cash.
• The dividend takes 37% of profit: there is a cushion.
• A large company: market value $19.73 billion.
• Beta 0.42: the stock usually moves less than the market.

Similar companies

2027.TW · 1605.TW · SSAB-B.ST · SSAB-A.ST · EREGL.IS · NUE

Questions

What grade does Baoshan Iron & Steel Co., Ltd. (600019.SS) have?

In our weekly check, Baoshan Iron & Steel Co., Ltd. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 4, red flags: 7. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 600019.SS stock?

This week's biggest flags for Baoshan Iron & Steel Co., Ltd.: Margins falling, Gross margin falling, Weak revenue forecast. In total 11 of 25 checks show a warning or a red flag.

What does Baoshan Iron & Steel Co., Ltd. do?

Baoshan Iron & Steel Co., Ltd. is a Basic Materials company (Steel) based in China, listed on SHH as 600019.SS.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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