Angang Steel Company Limited (00347.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	93.1B	96.1B	105.1B	113.5B	131.1B
Cost of Revenue	95.5B	97.3B	108.8B	114.0B	128.0B
Gross Profit	(2.4B)	(1.2B)	(3.7B)	(535.0M)	3.0B
Operating Expenses
R&D Expense	430.5M	478.0M	468.0M	493.0M	727.0M
SG&A Expense	615.8M	627.0M	737.0M	2.3B	1.9B
General & Admin Expense	682.0M	317.0M	404.0M	1.7B	1.3B
Selling & Marketing Expense	413.0M	310.0M	333.0M	628.0M	600.0M
Other Expenses	1.9B	1.5B	2.0B	804.0M	996.0M
Total Operating Expenses	2.9B	2.6B	3.2B	3.6B	3.6B
Cost and Expenses	98.4B	99.9B	112.1B	117.7B	131.6B
Operating Income (EBIT)	(5.4B)	(3.8B)	(7.0B)	(4.1B)	(481.0M)
Non-Operating
Interest Income	67.8M	46.0M	56.0M	69.0M	68.0M
Interest Expense	396.4M	332.0M	285.0M	91.0M	391.0M
Net Interest Income	(328.7M)	(286.0M)	(266.0M)	(91.0M)	(95.0M)
Other Non-Op Income/Expense	621.3M	(84.0M)	(82.0M)	7.0M	(51.0M)
Non-Operating Income (excl Interest)	(49.0M)	(248.0M)	(203.0M)	(111.0M)	(83.0M)
EBT (Pre-Tax Income)	(4.7B)	(3.9B)	(7.0B)	(4.1B)	(269.0M)
Income Tax Expense	108.6M	99.0M	59.0M	(919.0M)	(455.0M)
Bottom Line
Net Income	(5.0B)	(4.1B)	(7.1B)	(3.3B)	156.0M
Earnings from Cont. Ops	(4.8B)	(4.0B)	(7.1B)	(3.2B)	138.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(5.0B)	(4.1B)	(7.1B)	(3.3B)	108.0M
Per Share
Basic EPS	(HK$0.53)	(HK$0.43)	(HK$0.76)	(HK$0.35)	HK$0.02
Diluted EPS	(HK$0.53)	(HK$0.43)	(HK$0.76)	(HK$0.35)	HK$0.02
Revenue Per Share	HK$9.93	HK$10.25	HK$11.20	HK$12.09	HK$14.28
Shares
Basic Shares Outstanding	9.4B	9.4B	9.4B	9.4B	9.2B
Diluted Shares Outstanding	9.4B	9.4B	9.4B	9.4B	9.2B
Profitability Metrics
EBITDA	(4.1B)	799.0M	(2.6B)	(263.0M)	3.4B
D&A	2.3B	4.4B	4.1B	3.8B	3.8B
EBIT	(5.3B)	(3.6B)	(6.8B)	(4.0B)	(135.0M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026