Baoshan Iron & Steel Co (SHSE:600019) Cash Conversion Cycle: 25.40 (As of Jun. 2026)

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SHSE:600019 Baoshan Iron & Steel Co Ltd SHSE:600019
70 GF Score
Price ¥5.76
GF Value ¥6.65
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Baoshan Iron & Steel Co Cash Conversion Cycle?

Baoshan Iron & Steel Co SHSE:600019 +0.70% 70 Cash Conversion Cycle is 25.40 as of Jun. 2026. GuruFocus rates SHSE:600019 with a GF Score™ of 70/100 and a GF Value™ of ¥6.65 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Baoshan Iron & Steel Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 34.7.
Baoshan Iron & Steel Co's Days Inventory for the three months ended in Jun. 2026 was 46.72.
Baoshan Iron & Steel Co's Days Payable for the three months ended in Jun. 2026 was 56.02.
Therefore, Baoshan Iron & Steel Co's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2026 was 25.40.


Baoshan Iron & Steel Co  (SHSE:600019) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Baoshan Iron & Steel Co Cash Conversion Cycle Related Terms


Baoshan Iron & Steel Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Baoshan Iron & Steel Co's Cash Conversion Cycle can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Baoshan Iron & Steel Co Cash Conversion Cycle Chart

Baoshan Iron & Steel Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.92 37.31 30.45 30.79 29.77

Baoshan Iron & Steel Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.48 31.27 26.83 27.77 25.40

SHSE:600019 vs NUE, STLD, RS: Cash Conversion Cycle Comparison

For the Steel subindustry, Baoshan Iron & Steel Co's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Baoshan Iron & Steel Co Cash Conversion Cycle vs Steel Industry

For the Steel industry and Basic Materials sector, Baoshan Iron & Steel Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Baoshan Iron & Steel Co's Cash Conversion Cycle falls into.


SHSE:600019
70GF Score
Baoshan Iron & Steel Co Ltd SHSE:600019
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Baoshan Iron & Steel Co Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Baoshan Iron & Steel Co's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=40.57+46.58-57.38
=29.77

Baoshan Iron & Steel Co's Cash Conversion Cycle for the quarter that ended in Jun. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=34.7+46.72-56.02
=25.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 25.40 mean?
Baoshan Iron & Steel Co (SHSE:600019) has a Cash Conversion Cycle of 25.40 as of Jun. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Baoshan Iron & Steel Co and its competitors.
Is Baoshan Iron & Steel Co's Cash Conversion Cycle too high?
Baoshan Iron & Steel Co's current Cash Conversion Cycle is 25.40. The Steel industry median Cash Conversion Cycle is 91.97. Baoshan Iron & Steel Co's value of 25.40 is 72.4% below this industry median. Overall, Baoshan Iron & Steel Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Baoshan Iron & Steel Co's Cash Conversion Cycle compare to NUE and STLD?
Baoshan Iron & Steel Co's Cash Conversion Cycle of 25.40 can be compared against companies in the Steel industry. The industry median Cash Conversion Cycle is 91.97. Baoshan Iron & Steel Co's value of 25.40 is 72.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Steel company?
The median Cash Conversion Cycle among Steel companies is 91.97, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Baoshan Iron & Steel Co's current Cash Conversion Cycle of 25.40 is 72.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Baoshan Iron & Steel Co and its competitors. For the Steel industry, the median Cash Conversion Cycle is 91.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baoshan Iron & Steel Co's current Cash Conversion Cycle is 25.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baoshan Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Baoshan Iron & Steel Co (SHSE:600019) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.65, compared to a current price of ¥5.76 — trading 13.4% below its estimated fair value. The current Cash Conversion Cycle is 25.40 and 72.4% below the Steel industry median of 91.97. Baoshan Iron & Steel Co's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Baoshan Iron & Steel Co (SHSE:600019), the current Cash Conversion Cycle is 25.40 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Baoshan Iron & Steel Co (SHSE:600019) Overvalued in 2026?

Based on GuruFocus' analysis, Baoshan Iron & Steel Co stock appears to be undervalued. The current stock price of ¥5.76 is trading 13.4% below its estimated GF Value™ of ¥6.65. GuruFocus considers Baoshan Iron & Steel Co to be Modestly Undervalued.

Key valuation signals for SHSE:600019:

  • Cash Conversion Cycle: 25.40
  • GF Value™: ¥6.65 vs. price of ¥5.76 (13.4% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 72.4% below the Steel median

No single metric tells the full story. See the SHSE:600019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baoshan Iron & Steel Co Business Description

Address No. 885, Fujin Road, Baosteel Command Center, Baoshan District, Shanghai, CHN, 201999
Baoshan Iron & Steel Co Ltd manufactures and markets iron and steel products. The company operates through three segments. The Steel Manufacturing segment consists of multiple units involved in the production of various steel products. The Processing and Distribution segment comprises trading entities, including Baosteel International and its overseas affiliates. The Others segment includes operations related to information technology, the carbon industry, and other ancillary businesses. The company's core product offerings include cold-rolled and hot-rolled carbon steel coils, steel pipes, long products, thick plates, and other steel-related items.
70GF Score

Get the complete analysis for SHSE:600019

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.76
Price
¥6.65
GF Value