AYIS(SH:600569) Jin Rong Jie·2025-08-20 02:07Core Insights - The main business of Anyang Iron and Steel includes the production and sales of steel and steel-related products, with the highest revenue contribution from plate and strip products at 61.06% and cast pipe products at 17.23% [2] Financial Performance - In 2001, the company achieved a net profit attributable to shareholders of 471 million yuan, while by the latest complete fiscal year of 2024, the net profit had declined to -3.271 billion yuan, representing a cumulative decrease of 794.89% over 24 years [2] - Over the 24-year period, Anyang Iron and Steel experienced losses in 5 years, with years of net profit growth occurring in 11 years, accounting for 45.83% of the time [2] - Revenue analysis shows that Anyang Iron and Steel generated 31.896 billion yuan in revenue in 2020, which decreased to 29.640 billion yuan in 2024, indicating significant fluctuations, including a 63.11% increase in 2021 followed by declines of 25.36% in 2022 and 29.68% in 2024 [2] - Profit analysis reveals that the company recorded a net profit of 22.8 million yuan in 2020, which turned into a loss of -3.271 billion yuan by 2024, with a dramatic increase of 350.21% in 2021 followed by substantial losses in 2022 and 2024 [2] Market Valuation - On September 17, 2007, Anyang Iron and Steel reached a market capitalization peak of 30.274 billion yuan, with the stock price rising to 15.0 yuan. As of August 19, the stock price had fallen to 2.27 yuan, resulting in a market capitalization of 6.520 billion yuan, a decrease of 23.753 billion yuan, or 78.46% from its peak [4]