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Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. (China)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing | Steel Product Manufacturing from Purchased Steel
Secondary Activities: Metal and Mineral (except Petroleum) Merchant Wholesalers
Full name: Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. Profile Updated: October 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Gansu Jiu Steel Group Hongxing Iron & Steel Co., Ltd. is a company located in Jiayuguan, China. The company is primarily engaged in the production and sale of steel and its rolled products. Their main products include high-speed wire rods, bars, medium and thick plates, hot-rolled coils, cold-rolled coils, cold-rolled thin plates, and some continuous casting billets. The company's products are distributed across 28 provinces in China and are also exported to countries such as South Korea, Japan, the United States, as well as Hong Kong and Taiwan. The company has imported major equipment from countries like the United States, the United Kingdom, France, Germany, Sweden, and Spain, which enables them to maintain international advanced levels through continuous technological improvements. All products meet national and industry standards and have obtained quality certification from the China Metallurgical Industry Quality System Certification Center and ISO9001-2000 Quality System Certification. The company has three major steel production bases in its headquarters, Yicheng, and Yuzhong, which include a complete set of modern production processes such as mining, ore dressing, sintering, coking, ironmaking, steelmaking, hot rolling, and cold rolling. They also have supporting assets such as energy and power systems and sales logistics systems, forming an integrated steel production industry chain.

Headquarters
No. 12, Xiongguan East Road, Jiayuguan City, Gansu Province
Jiayuguan; Gansu; Postal Code: 735100

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Website: http://www.jisco.cn/structure/hongxinggufen.htm

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 13, 1994
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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Director
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Director
Ownership Details
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54.79%
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0.36%
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0.32%
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0.23%
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0.14%
Subsidiaries
Foshan Jiugang Borui Steel Industry Co., Ltd.
100%
Gansu Jialisheng Steel Industry Co., Ltd.
100%
Gansu Jingtieshan Mining Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-14.47%
Total operating revenue
-14.57%
Operating profit (EBIT)
-402.04%
Net Profit (Loss) for the Period
-444.97%
Total assets
14.09%
Total equity
-23.98%
Operating Profit Margin (ROS)
-6.21%
Net Profit Margin
-6.37%
Return on Equity (ROE)
-20.32%
Debt to Equity Ratio
61.61%
Quick Ratio
-0.03%
Cash Ratio
-0.02%

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