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603315.SS — Shanghai Stock Exchange Iron & Steel

Liaoning Fu-An Heavy Industry Co Ltd

¥18,95
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Mcap
6,1B CNY
P/E
—
EV / Rev
—
Div yield
0,49 %
Op margin
6,8 %
ROE
5,2 %
Net margin
7,1 %
Debt / equity
0,43
Beta
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52w range
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Volume
—
Day range
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Next earnings
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About

Liaoning Fu-An Heavy Industry Co Ltd maintains a market capitalization of CNY 5,004,121,043.68, with a price-to-earnings ratio of 57.16 and a price-to-book ratio of 3.0, indicating a relatively high valuation compared to its book value. The company's return on equity (ROE) is 5.24%, and its return on assets (ROA) is 3.06%, both of which are below the typical performance benchmarks for the iron and steel industry. The company's profitability is reflected in its gross profit of CNY 221,808,140 and operating income of CNY 83,605,290, with a net income of CNY 87,545,840. These figures suggest a moderate level of profitability, but the company's operating cash flow of CNY 78,319,450 and free cash flow of CNY 76,545,420 indicate a need for careful capital management. Geographically and segment-wise, the company's revenue is concentrated in its core mining operations, with no disclosed diversification into other business segments or geographic regions. This concentration may pose a risk if market conditions in the iron and steel industry fluctuate. Looking ahead, the company is projected to maintain a stable revenue trajectory, with no significant growth or decline expected in the next

Business. Liaoning Fu-An Heavy Industry Co Ltd (603315.SS) is a mining company operating within the Iron & Steel industry of the Basic Materials sector. The firm is headquartered in China and is primarily listed on the Shanghai Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryIron & Steel
ActivityMining
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score→
61
composite score
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
5,2 %
return on equity
Quality→
50
quality score (0-100)

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 603315.

    • Sector rotation

    Sector1D1Mvs mkt
    Communication Services+2,2 %−5,5 %+1,5 %
    Materials · THIS SECTOR+2,2 %+3,2 %+1,4 %
    Energy+0,9 %+5,2 %+0,1 %
    Health Care+0,7 %−1,3 %+0,0 %
    Consumer Discretionary+0,3 %+9,2 %−0,4 %
    Information Technology+0,2 %+8,1 %−0,6 %
    Financials−0,5 %−3,0 %−1,2 %
    Consumer Staples−0,6 %+3,3 %−1,4 %
    Real Estate−0,7 %+10,9 %−1,4 %
    Industrials−1,1 %−0,3 %−1,8 %
    Utilities−1,9 %+28,2 %−2,6 %

    Developing storylines

    No tracked sagas currently linked to 603315.SS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-07-24 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score61 / 100
    Composite score 0-100 · Data quality 0,50
    Data quality0,50 / 1.00

    Synthesis

    Business

    Liaoning Fu-An Heavy Industry Co Ltd (603315.SS) is a mining company operating within the Iron & Steel industry of the Basic Materials sector. The firm is headquartered in China and is primarily listed on the Shanghai Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryIron & Steel
    ActivityMining
    AI synthesis
    GENERATED

    Liaoning Fu-An Heavy Industry Co Ltd maintains a market capitalization of CNY 5,004,121,043.68, with a price-to-earnings ratio of 57.16 and a price-to-book ratio of 3.0, indicating a relatively high valuation compared to its book value. The company's return on equity (ROE) is 5.24%, and its return on assets (ROA) is 3.06%, both of which are below the typical performance benchmarks for the iron and steel industry.

    The company's profitability is reflected in its gross profit of CNY 221,808,140 and operating income of CNY 83,605,290, with a net income of CNY 87,545,840. These figures suggest a moderate level of profitability, but the company's operating cash flow of CNY 78,319,450 and free cash flow of CNY 76,545,420 indicate a need for careful capital management.

    Geographically and segment-wise, the company's revenue is concentrated in its core mining operations, with no disclosed diversification into other business segments or geographic regions. This concentration may pose a risk if market conditions in the iron and steel industry fluctuate.

    Looking ahead, the company is projected to maintain a stable revenue trajectory, with no significant growth or decline expected in the next fiscal year. The capital expenditure of CNY -24,441,820 suggests a reduction in investment, which may impact long-term growth potential.

    The company's risk profile is characterized by a medium liquidity risk and a low dilution risk. However, the net cash position is negative after accounting for total debt, which could affect its ability to meet short-term obligations.

    Recent filings and transcripts have not indicated any major events or strategic shifts, suggesting a stable operational environment for the company.

    Key takeaways
    • The company's high price-to-earnings ratio suggests a premium valuation relative to its earnings.
    • The company's return on equity and return on assets are below industry benchmarks, indicating room for improvement in profitability.
    • The company's revenue is concentrated in its core mining operations, which may increase exposure to industry-specific risks.
    • The company's capital expenditure is negative, suggesting a reduction in investment that may affect long-term growth.
    • The company's liquidity risk is medium, and its dilution risk is low, indicating a relatively stable financial position.
    • **margin_outlook_rationale**: The company's margin outlook is stable, driven by consistent gross and operating profit figures.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥18,95
    Market cap
    ¥5.00B
    Enterprise valueⓘ
    ¥5.72B
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    73.0x
    P / Bⓘ
    3.0x
    P / Tangible bookⓘ
    3.0x
    Tangible book
    ¥1.67B
    Net cashⓘ
    -¥715.7M
    Current ratioⓘ
    1.7
    Debt / equityⓘ
    0.4
    ROAⓘ
    3.1%
    ROEⓘ
    5.2%
    Cash conversionⓘ
    89.0%
    CapEx / revenueⓘ
    -2.0%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin6,8 %Above median
    Net Margin7,1 %Above P75
    ROE5,2 %Above median
    Capex / Rev-2,0 %Above median
    D/E0,43Below median
    Cash Conv0,89Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • Liaoning Fu-An Heavy Industry Co Ltd Market data — financials · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    603315.SSCanonical
    Shanghai Stock Exchange · CNY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-24 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage