000898.SZ
Price:
$1.99
Market Cap:
$18.64B
Established in 1997 and headquartered in Anshan, China, Angang Steel Company Limited, which was known as Angang New Steel Company Limited until its name change in June 2006, is a key player in the steel industry. The company's primary business involves the manufacturing, processing, and distribution of a comprehensive range of steel products throughout the People's Republic of China. Its diverse steel portfolio includes hot and cold-rolled sheets, medium and thick plates, galvanized steel, color-coated plates, cold-rolled silicon steel, heavy rails and structural sections, seamless steel pipes, and wire rods. Beyond core steel production, Angang Steel also undertakes ferrous metal smelting a...[Read more]
Industry
Steel
IPO Date
1997-12-25
Stock Exchange
SHZ
Ticker
000898.SZ
According to Angang Steel Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.56. This represents a change of -1.37% compared to the average of 0.57 of the last 4 quarters.
The mean historical Current Ratio of Angang Steel Company Limited over the last ten years is 0.79. The current 0.56 Current Ratio has changed 7.03% with respect to the historical average. Over the past ten years (40 quarters), 000898.SZ's Current Ratio was at its highest in in the September 2021 quarter at 1.11. The Current Ratio was at its lowest in in the December 2025 quarter at 0.56.
Average
0.79
Median
0.80
Minimum
0.56
Maximum
1.06
Discovering the peaks and valleys of Angang Steel Company Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 27.89%
Maximum Annual Current Ratio = 1.06
Minimum Annual Increase = -23.91%
Minimum Annual Current Ratio = 0.56
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.56 | -21.62% |
| 2024 | 0.72 | -7.45% |
| 2023 | 0.77 | -4.28% |
| 2022 | 0.81 | -23.91% |
| 2021 | 1.06 | 27.89% |
| 2020 | 0.83 | 3.77% |
| 2019 | 0.80 | -2.56% |
| 2018 | 0.82 | -0.18% |
| 2017 | 0.82 | 17.53% |
| 2016 | 0.70 | 27.65% |
The current Current Ratio of Angang Steel Company Limited (000898.SZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.68
5-year avg
0.78
10-year avg
0.79
Angang Steel Company Limited’s Current Ratio is less than China Steel Corporation (1.26), less than Chung Hung Steel Corporation (1.40), less than Nippon Steel Corporation (1.71), less than JFE Holdings, Inc. (1.38), less than Baoshan Iron & Steel Co., Ltd. (0.97), less than Nanjing Iron & Steel Co., Ltd. (0.78), less than Jiangxi Copper Company Limited (1.23), less than Maanshan Iron & Steel Company Limited (0.59), less than TMT Steel Public Company Limited (1.21), less than Tata Steel (Thailand) Public Company Limited (6.38),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.26 | $287.31B | |
| 1.40 | $24.55B | |
| 1.71 | $3.50T | |
| 1.38 | $1.13T | |
| 0.97 | $120.98B | |
| 0.78 | $28.30B | |
| 1.23 | $164.87B | |
| 0.59 | $19.48B | |
| 1.21 | $3.80B | |
| 6.38 | $8.93B |
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