Baoshan Iron & Steel Co Ltd operates within the Metals service centers and offices sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Baoshan Iron & Steel Co Ltd with three other
companies in this sector in China:
Baiyin Nonferrous Group Co Ltd
sales of 55.94 billion Chinese Renmimbi [US$8.12 billion]
of which 77%
was Nonferrous Metal Trading),
Minmetals Development Company Limited
(40.72 billion Chinese Renmimbi [US$5.91 billion]
of which 50%
was Raw Materials Trade), and
Wuchan Zhongda Group Co Ltd
(206.89 billion Chinese Renmimbi [US$30.05 billion]
of which 39%
was Metal Material).
During the year ended December of 2016, sales at
Baoshan Iron & Steel Co Ltd were 185.69 billion Chinese Renmimbi (US$26.97 billion).
increase of 13.2%
versus 2015, when the company's sales were 164.05 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2014, when Baoshan Iron & Steel Co Ltd
reported sales of 187.73 billion Chinese Renmimbi.
Sales of Processing and Distribution saw an increase
that was more than double the company's growth rate: sales were up
81.3% in 2016, from
67.05 billion Chinese Renmimbi to 121.58 billion Chinese Renmimbi.
Baoshan Iron & Steel Co Ltd also saw significant increases in sales in
E- Commerce (up 74.0% to 33.80 billion Chinese Renmimbi)
Not all segments of Baoshan Iron & Steel Co Ltd experienced an increase in sales in 2016:
sales of Steel Processing fell 63.7% to 24.65 billion Chinese Renmimbi.
Baoshan Iron & Steel Co Ltd also experienced decreases in sales in
Chemical (down 50.8% to 2.76 billion Chinese Renmimbi)
Information Technology (down 30.0% to 2.67 billion Chinese Renmimbi)
Finance (down 12.9% to 383.52 million Chinese Renmimbi)