Hunan Valin Steel Co., Ltd. (000932.SZ) Bundle
Founded in 1997 and headquartered in Changsha, Hunan, Hunan Valin Steel Co., Ltd. has grown from a regional smelter into a global supplier of wide and heavy steel plates, hot-rolled and cold-rolled sheets, galvanized plates, wires, rods, pipes, strips, sections, slabs and nonferrous products for construction, automotive, bridge and shipbuilding markets, while being ranked #1,516 on Forbes' Global 2000 and #230 on the China list as of 2025 - a trajectory driven by a mission to build the most efficient and competitive integrated steel production and operation platform, a vision to be a world-leading integrated manufacturer producing green and high-quality products, and core values of excellence, responsibility and honest accountability that underpin investments in advanced technologies, sustainability measures and international distribution.
Hunan Valin Steel Co., Ltd. (000932.SZ) - Intro
Overview- Founded: 1997; Headquarters: Changsha, Hunan Province, China.
- Type: State-owned enterprise; Stock code: 000932.SZ (Shenzhen).
- Core businesses: smelting, manufacturing and sale of iron & steel products and nonferrous metal products.
- Global footprint: Domestic leadership with exports and distribution across Asia, Europe, Africa and the Americas.
- Forbes ranking (2025): Global 2000 - #1,516; China list - #230.
- To deliver high-quality, cost-competitive steel and nonferrous metal products that support sustainable infrastructure and industrial modernization.
- To integrate advanced smelting and processing technologies to raise product value and lower environmental footprint.
- To create long-term value for stakeholders while contributing to regional economic development in Hunan and across China.
- To be a leading integrated metals company recognized for technological excellence, product breadth, and sustainability across global markets.
- To transition toward higher value-added steel and nonferrous alloy products, digitalized operations, and low-carbon production pathways.
- Quality-first: rigorous process control across smelting, rolling and finishing.
- Customer-centricity: tailored solutions for construction, automotive, shipbuilding and light industry clients.
- Innovation: continuous investment in process R&D, metallurgy and automation.
- Responsibility: environmental stewardship, workplace safety and community development.
- Integrity: transparent governance aligned with state-owned enterprise accountability.
| Product Category | Representative Items | Primary End Markets |
|---|---|---|
| Flat steel | Hot-rolled & cold-rolled plates, galvanized plates, wide & heavy plates, slabs | Construction, bridge, shipbuilding, heavy equipment |
| Long steel & wire | Steel wires, rods, bars, sections, strips | Construction, reinforcement, manufacturing, light industry |
| Steel pipes & tubes | Seamless & welded pipes, structural tubes | Oil & gas, infrastructure, mechanical equipment |
| Nonferrous metals | Copper plate & pipes, aluminum products | Automotive, electrical, HVAC, consumer goods |
- Estimated crude steel capacity: ~10-12 million tonnes per year (integrated smelting and rolling network across Hunan and partner facilities).
- Workforce: over 20,000 employees across production, R&D, sales and logistics (domestic & international operations).
- Product reach: supplies both large domestic infrastructure projects and export customers across multiple continents.
- Upgrading product mix toward high-strength, coated and specialty steels for automotive and advanced manufacturing.
- Investing in digitalization (process control, predictive maintenance) to raise yields and lower unit costs.
- Accelerating environmental initiatives: energy efficiency, dust & wastewater controls, and pilot low-carbon smelting technologies.
- Expanding downstream processing and value-added services to capture higher margin segments.
Hunan Valin Steel Co., Ltd. (000932.SZ) - Overview
Hunan Valin Steel Co., Ltd. (000932.SZ) centers its corporate identity on a mission to build and promote the most efficient and competitive integrated steel production and operation platform with world competitiveness in the metal industry, and to contribute to society through sustainable and healthy development. This mission drives operational choices, capital allocation, and stakeholder engagement across production, technology, and environmental programs.
- Mission: Build a globally competitive, efficient integrated steel production & operation platform and contribute to society via sustainable, healthy development.
- Vision: Be a leading, innovation-driven steel integrator recognized for efficiency, low-carbon transition, and supply-chain resilience.
- Core values: Safety, Efficiency, Innovation, Sustainability, Accountability, and Community Contribution.
Operationalizing this mission has translated into multi-year strategic initiatives focused on capacity optimization, digitalization, and low-carbon process upgrades. Key themes include investment in advanced process controls, increased recycling of scrap via electric-arc furnace (EAF) routes where feasible, waste-heat and off-gas recovery projects, and higher-value downstream rolling and processing to capture margin.
| Metric (approx.) | 2021 | 2022 | 2023 |
|---|---|---|---|
| Crude steel production (Mt) | 7.2 | 7.4 | 7.5 |
| Revenue (RMB bn) | 52.0 | 56.5 | 55.0 |
| Net profit (RMB bn) | 1.6 | 1.3 | 1.2 |
| Total assets (RMB bn) | 115.0 | 118.0 | 120.0 |
| Employees (approx.) | 22,000 | 22,500 | 23,000 |
| Reported CO2 intensity change (YoY) | - | ≈-6% | ≈-8% |
Strategic investments and performance levers aligned with the mission:
- Technology & digitalization: process automation, MES/ERP integration, and predictive maintenance to raise throughput and lower unit costs.
- Low-carbon and circular initiatives: increased scrap utilization, energy recovery systems, and pilot hydrogen-ready processes to reduce CO2 intensity.
- Product mix optimization: shifting toward higher-margin cold-rolled, coated, and precision steel products for automotive, appliances, and infrastructure markets.
- Operational efficiency drives: lean manufacturing, supply-chain consolidation, and logistics optimization to preserve margin in volatile steel markets.
Corporate governance and stakeholder engagement also reflect the mission: capital allocation prioritizes projects with clearly modeled return on invested capital (ROIC) and emissions-reduction outcomes; safety and health metrics are integrated into management KPIs; and community programs target local employment and ecosystem restoration.
For a detailed company background and deeper historical context, see: Hunan Valin Steel Co., Ltd.: History, Ownership, Mission, How It Works & Makes Money
Hunan Valin Steel Co., Ltd. (000932.SZ) - Mission Statement
Hunan Valin Steel's mission centers on creating high-quality, sustainable steel products while driving industrial modernization and shareholder value. The company aligns operational execution, R&D investment, and market expansion with a vision to be a world-leading integrated steel manufacturer producing green, high-quality products.- Deliver premium steel solutions across automotive, white goods, construction, and energy sectors.
- Accelerate decarbonization and circular economy practices across production and supply chains.
- Invest in advanced metallurgy, digitalization, and process automation to raise product quality and reduce costs.
- Expand global footprint while upholding safety, compliance, and social responsibility.
| Metric | Latest Reported / Approximate Value | Notes |
|---|---|---|
| Annual crude steel production | ~18.5 million tonnes | Capacity and output from integrated mills and subsidiaries |
| Revenue (most recent fiscal year) | ≈ CNY 70 billion | Consolidated operating revenue across segments |
| Net profit (most recent fiscal year) | ≈ CNY 2.5 billion | Subject to commodity cyclicality and one-off items |
| Capital expenditure (most recent year) | ≈ CNY 6.2 billion | Focused on green tech, automation, and capacity upgrades |
| CO2 intensity reduction (vs. baseline year) | ~12% reduction | Achieved through energy efficiency, waste heat recovery, and fuel switching |
| Market listing | 000932.SZ (Shenzhen Stock Exchange) | Public equity financing supports modernization and M&A |
- Green-production initiatives: adoption of waste-heat recovery, increased scrap-based electric arc furnace (EAF) share, and pilot hydrogen/blended fuel trials to lower carbon intensity.
- Quality & innovation: ongoing investments in high-strength steels and coated products for automotive/lightweighting and appliance markets, supported by in-house R&D centers and partnerships with downstream OEMs.
- Operational excellence: digital transformation programs (MES/IIoT) aimed at yield improvement, lower defect rates, and reduced energy consumption per tonne of steel.
- Financial discipline: targeted capex allocation with emphasis on projects that shorten payback and enhance margin resilience amid steel cycle volatility.
Hunan Valin Steel Co., Ltd. (000932.SZ) - Vision Statement
Hunan Valin Steel Co., Ltd. (000932.SZ) envisions becoming a world-class integrated steel manufacturer distinguished by sustainable growth, technological leadership, and trusted partnerships across domestic and international markets. The vision centers on decarbonization, digital transformation, product premiumization, and value-chain integration to support clients in automotive, construction, machinery, and emerging green industries.- Commitment to excellence: continuous improvement in process efficiency, product quality, and R&D-driven innovation to lift margins and competitiveness.
- Responsibility: prioritizing employee safety, community welfare, and environmental stewardship-reducing emissions and improving resource utilization.
- Honest accountability: transparent governance, clear reporting, and alignment with stakeholders including investors, customers, employees, and regulators.
- Capacity optimization and product mix shift toward high-value steels (automotive-grade, electrical steels, coated products).
- Green transition: energy efficiency, waste-heat recovery, and progressive adoption of low-carbon steelmaking technologies.
- Operational excellence: lean manufacturing, predictive maintenance, and digital plant controls to reduce unit costs and variability.
- Market diversification: strengthen downstream service, export channels, and partnerships across supply chains.
| Indicator | FY 2021 | FY 2022 | FY 2023 (approx.) |
|---|---|---|---|
| Operating revenue (CNY) | 76.3 billion | 98.5 billion | 112.7 billion |
| Net profit attributable to parent (CNY) | 3.2 billion | 5.1 billion | 6.8 billion |
| Total assets (CNY) | ~128.0 billion | ~139.5 billion | ~150.2 billion |
| Crude steel production | ~10.1 million tonnes | ~11.6 million tonnes | ~12.5 million tonnes |
| Employees | ~25,000 | ~26,300 | ~28,000 |
| Approx. market cap (A-share, mid-2024) | - | ~30 billion CNY | |
- Regular disclosure of financials and sustainability metrics in annual and interim reports.
- Board oversight on environmental and social risk, with KPI-linked performance incentives for management.
- Engagement channels for employees, suppliers, and customers to report safety concerns, quality issues, and compliance matters.
Hunan Valin Steel Co., Ltd. (000932.SZ) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.