Maanshan Iron & Steel

Launch date

1993

Employees

Market cap

Enterprise valuation

€3.5b (Public information from Sep 2024)

Ma'anshan City Anhui (HQ)

http://magang.com.cn

https://www.linkedin.com/company/maanshan-iron-&-steel-co-ltd-/

Revenues, earnings & profits over time

CNY	2019	2020	2021	2022	2023	2025
Revenues	78.3b	81.6b	113.9b	102.2b	98.9b	657.2b
% growth	-	4 %	39 %	(10 %)	(3 %)	-
EBITDA	6.8b	7.1b	12.0b	4.2b	3.6b	-
% EBITDA margin	9 %	9 %	11 %	4 %	4 %	-
Profit	1.1b	2.0b	5.3b	(858m)	(1.3b)	-
% profit margin	1 %	2 %	5 %	(1 %)	(1 %)	-
R&D budget	846m	1.8b	4.5b	1.2b	1.2b	-
R&D % of revenue	1 %	2 %	4 %	1 %	1 %	-

Date	Investors	Amount	Round
Jan 1994	N/A	N/A	IPO
Total Funding		-

Ouyeel Industrial Products