Nangang Steel (600282): Q1 2026 performance in line with expectations; continuous optimization and upgrading of product mix

Event: The company announced its Q1 2026 earnings report, achieving revenue of 14.414 billion yuan, a year-on-year increase of 0.42%; net profit attributable to shareholders was 597 million yuan, a year-on-year increase of 3.23%; after deducting non-recurring items, it decreased by 13.62% year-on-year.

Western SecuritiesApr 26 20:07

Research Report Insights | Guosheng Securities: Reiterates 'Buy' rating for Nansteel Co., Ltd., believing the company's valuation has significant room for recovery.

Guosheng Securities' research report pointed out that Nanjing Iron & Steel Co., Ltd. (Nangang) achieved year-on-year growth in its Q1 performance, with continuous improvement in its product mix. The company reported operating revenue of 14.414 billion yuan in Q1, representing a year-on-year increase of 0.42%, and net profit attributable to shareholders of the listed company amounted to 597 million yuan, up 3.23% year-on-year. The company's net profit attributable to shareholders still achieved year-on-year growth, demonstrating its stable profitability. Focused on the manufacturing of mid-to-high-end specialized steel plates and specialty steel long products, the company has benefited from improvements in its product mix as well as shareholder support, showing notable resilience in its earnings. Going forward, it is expected to significantly benefit from the improvement in industry supply-demand dynamics. Reference is made to the company's valuation changes over the past three years.

Gelonghui FinanceApr 23 14:35 · Ratings

Nangang Iron and Steel Co., Ltd. (600282): Q1 performance increased year-on-year, with continuous improvement in product mix.

Event: The company released its Q1 2026 earnings report. In the first quarter, the company achieved operating revenue of 14.414 billion yuan, representing a year-on-year increase of 0.42%; net profit attributable to shareholders of the listed company amounted to 597 million yuan, marking a year-on-year increase of 3.23%.

Guosheng SecuritiesApr 23 13:52

Nangang Steel (600282): Increased steel production and improved coking coal performance may aid earnings recovery.

In the first quarter of 2026, the company achieved operating revenue of 14.414 billion yuan (yoy +0.42%), net profit attributable to shareholders of 597 million yuan (yoy +3.23%), and non-recurring net profit attributable to shareholders of 431 million yuan (

Huatai SecuritiesApr 23 00:00

Nanjing Iron & Steel Co., Ltd.: First Quarter Report for 2026

SZSIApr 23 00:00 · Announcements

Nanjing Iron & Steel Co., Ltd. First Quarter Report for 2026

SZSIApr 23 00:00 · Announcements