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Maanshan Iron & Steel Company (600808) Fair Value & Analysis

Basic Materials · CN · Market cap 21.8B CNY

MI Maanshan Iron & Steel Company 600808 · SHG
Price¥2.54
Fair Value¥3.82
Upside+50.4%
Quality44/100
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Evidence: Medium Range ¥2.42 – ¥5.22

Fair value as of: Jul 5, 2026

From 16 valuation models · updated today

Fair value updated Jul 5, 2026 — revised from ¥8.28 to ¥3.82 (−53.9%) since Jun 24, 2026. Share price −11.8% over the past month.

Price vs Fair Value (12 months)

¥4.44 ¥2.50 Fair Value ¥3.82 Jun 2025 Jul 2026

12‑month range ¥2.50 – ¥4.44 · fair‑value band ¥2.42 – ¥5.22 · the ¥2.54 price screens below the ¥3.82 fair value. As of Jul 5, 2026.

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Analysis

Maanshan Iron & Steel Company (600808) currently trades at ¥2.54, while our model-based Fair Value estimate is ¥3.82 — implying the stock looks roughly 50.4% undervalued today. We read business quality at 44/100 (below-average quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Trailing-twelve-month revenue stands at 75.8B CNY. Revenue declined 8.8% year over year. It earns a return on equity of 0.6%. Net debt stands at 15.2B CNY. Fundamentals as of Jul 5, 2026

Our scenario range runs from ¥2.42 (bear case) to ¥5.22 (bull case); at ¥2.54, the current price sits within that range. The share trades about 44% below its 52-week high, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -69% fair-value upside — at 50%, 600808 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 75.8B CNY
Revenue growth (YoY) -8.8%
Net margin 0.0%
Return on equity 0.6%
Free cash flow 2.2B CNY FY2025
Operating margin 0.4%
More key figures
EPS growth (YoY) -94.2%
Net debt 15.2B CNY FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. It provides steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products, such as H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and train wheels and wheel rims. The company also engages iron and steel smelting, steel rolling processing, Coke, coal tar, crude benzene, Ferric sulfate, and coke oven gas production sales, etc. It serves construction, automobile, bridge-building, machinery, petroleum transportation, home electrical appliances, and medium and high-grade production of automobile parts, and high-grade light industries; packaging and utensil manufacturing, steel structures, construction of petroleum drilling platforms and railways, production of …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Maanshan Iron & Steel Company reported revenue of ¥77.5B in FY2025 versus ¥114B in FY2021, a compound −9.2%/yr. Reported net income was −¥209M in FY2025.

Revenue −9.2%/yr
FY21 ¥114B
FY22 ¥102B
FY23 ¥98.9B
FY24 ¥81.8B
FY25 ¥77.5B
Net income
FY21 ¥5.3B
FY22 −¥858M
FY23 −¥1.3B
FY24 −¥4.7B
FY25 −¥209M

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Cite: Fair Value Calculator (2026). "Maanshan Iron & Steel Company Fair Value". https://www.fairvalue-calculator.com/stock/600808

Similar stocks

10 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 5, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2140 $0.2500 +17%
Nucor Corporation N1UE34 R$108.76 R$33.45 -69%
ArcelorMittal S.A ARMT34 R$163.20 R$15.38 -91%
JSW Steel Limited JSWSTEEL ₹1,284 ₹901.55 -30%
POSCO Holdings 005490 390,000 KRW 106,072 KRW -73%
Baoshan Iron & Steel Co 600019 ¥5.74 ¥7.78 +36%
China Steel Corporation 2002A 38.45 TWD 11.94 TWD -69%
Inner Mongolia Baotou Steel Union Co 600010 ¥2.52 ¥0.3400 -87%
Companhia Siderúrgica Nacional, SID 13,670 ARS 3,280 ARS -76%
Jindal Steel Limited JINDALSTEL ₹1,132 ₹516.27 -54%

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Frequently asked questions

Is Maanshan Iron & Steel Company (600808) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ¥3.82 versus a price of ¥2.54 — about +50% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 600808?
Our model-based fair value for Maanshan Iron & Steel Company is ¥3.82 (as of Jul 5, 2026), built from audited fundamentals. The current price is ¥2.54.
What is the quality score of 600808?
Maanshan Iron & Steel Company has a Quality Score of 44/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Maanshan Iron & Steel Company (600808)?
Maanshan Iron & Steel Company reported trailing-twelve-month revenue of about 75.8B CNY (latest available figure, as of Jul 5, 2026).
What is the net profit margin of 600808?
The net profit margin of Maanshan Iron & Steel Company is about 0.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.