Inner Mongolia Baotou Steel Union (600010) Stock Price, Fundamentals & Analysis

What 600010 does

Inner Mongolia Baotou Steel Union (600010) is a steel producer listed on the Shanghai Stock Exchange. It manufactures and sells iron and steel materials used across automotive, home appliance, shipbuilding, construction, engineering machinery, petroleum, mining machinery, and mechanical parts manufacturing. Its product range includes hot-rolled and cold-rolled steel strip, pickled steel strip, hot-dip galvanized steel strip, heavy plates, electrical steel, steel pipes and tubes, special-shaped profiles such as z-beams and sheet piles, rails, ribbed steel bars, and rare earth steel and concentrates. The company operates in the Basic Materials sector and is part of the CSI 300 index.

Key numbers explained

• The current price is 2.09 CNY, down 1.42% today.
• The trailing P/E ratio of 209 reflects how the market prices the stock relative to its last 12 months of earnings; a high number often signals low recent earnings relative to the share price.
• The forward P/E ratio of 41.8 uses expected future earnings and is typically read as a more optimistic valuation measure than the trailing P/E.
• The dividend yield of 0.09% shows the annual dividend as a percentage of the share price; the ex-dividend date is Jun 27, 2025, and 0% of earnings are paid out as dividends.
• The beta of 0.64 suggests the stock tends to move less than the overall market.
• The 52-week range is 2.04 – 3.41, and the price is down 10.7% over the past year.
• The profit margin of 0.8% and operating margin of 6.5% indicate how much of each revenue yuan becomes profit at the bottom and operating lines, respectively.
• The debt-to-equity ratio of 92.8% compares total debt to shareholders' equity, a common measure of financial leverage.

What to watch

Steel stocks like Inner Mongolia Baotou Steel Union are sensitive to commodity price cycles, infrastructure spending, and industrial production data. Investors often monitor raw material costs (such as iron ore and coking coal), capacity utilization rates, and policy shifts in China's property and construction sectors. The company's heavy-industry profile means its results can be affected by energy prices, environmental regulations, and trade dynamics. For comparison, peers such as Baoshan Iron and Steel (600019) operate in the same sector, while other Shanghai Stock Exchange stocks span a broader range of industries.