Fushun Special Steel Co (SHSE:600399) Enterprise Value: ¥11,620 Mil (As of Jul. 12, 2026) ***


SHSE:600399 Fushun Special Steel Co Ltd SHSE:600399
43 GF Score
Price ¥4.13
GF Value ¥6.54
Valuation Possible Value Trap
! 9 Warning Signs
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What is Fushun Special Steel Co Enterprise Value?

Fushun Special Steel Co SHSE:600399 +5.90% 43 Enterprise Value is ¥11,620 Mil as of Jul. 12, 2026. GuruFocus rates SHSE:600399 with a GF Score™ of 43/100 and a GF Value™ of ¥6.54 (Possible Value Trap). The stock has 9 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fushun Special Steel Co's Enterprise Value is ¥11,620 Mil. Fushun Special Steel Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-753 Mil. Therefore, Fushun Special Steel Co's EV-to-EBIT ratio for today is -15.44.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Fushun Special Steel Co's Enterprise Value is ¥11,620 Mil. Fushun Special Steel Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-753 Mil. Therefore, Fushun Special Steel Co's EV-to-EBITDA ratio for today is -15.44.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Fushun Special Steel Co's Enterprise Value is ¥11,620 Mil. Fushun Special Steel Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ¥7,927 Mil. Therefore, Fushun Special Steel Co's EV-to-Revenue ratio for today is 1.47.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Fushun Special Steel Co's Enterprise Value is ¥11,620 Mil. Fushun Special Steel Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-1,365 Mil. Therefore, Fushun Special Steel Co's EV-to-OCF ratio for today is -8.51.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Fushun Special Steel Co's Enterprise Value is ¥11,620 Mil. Fushun Special Steel Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-1,658 Mil. Therefore, Fushun Special Steel Co's EV-to-FCF ratio for today is -7.01.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Fushun Special Steel Co  (SHSE:600399) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Fushun Special Steel Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11620.089/-752.649
=-15.44

Fushun Special Steel Co's current Enterprise Value is ¥11,620 Mil.
Fushun Special Steel Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-753 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Fushun Special Steel Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=11620.089/-752.649
=-15.44

Fushun Special Steel Co's current Enterprise Value is ¥11,620 Mil.
Fushun Special Steel Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-753 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Fushun Special Steel Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=11620.089/7926.776
=1.47

Fushun Special Steel Co's current Enterprise Value is ¥11,620 Mil.
Fushun Special Steel Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥7,927 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Fushun Special Steel Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=11620.089/-1365.169
=-8.51

Fushun Special Steel Co's current Enterprise Value is ¥11,620 Mil.
Fushun Special Steel Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1,365 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Fushun Special Steel Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=11620.089/-1657.684
=-7.01

Fushun Special Steel Co's current Enterprise Value is ¥11,620 Mil.
Fushun Special Steel Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1,658 Mil.

* 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.


Fushun Special Steel Co Enterprise Value Related Terms


Fushun Special Steel Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Fushun Special Steel Co's Enterprise Value 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.

Fushun Special Steel Co Enterprise Value Chart

Fushun Special Steel Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49,167.41 28,464.27 20,563.39 12,933.84 14,302.00

Fushun Special Steel Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 13,390.33 12,536.24 12,864.65 14,302.00 15,327.64

SHSE:600399 vs NUE, STLD, RS: Enterprise Value Comparison

For the Steel subindustry, Fushun Special Steel Co's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Fushun Special Steel Co Enterprise Value vs Steel Industry

For the Steel industry and Basic Materials sector, Fushun Special Steel Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Fushun Special Steel Co's Enterprise Value falls into.


SHSE:600399
43GF Score
Fushun Special Steel Co Ltd SHSE:600399
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fushun Special Steel Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Fushun Special Steel Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Fushun Special Steel Co's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of ¥11,620 Mil mean?
Fushun Special Steel Co (SHSE:600399) has a Enterprise Value of ¥11,620 Mil as of Jul. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Fushun Special Steel Co and its competitors.
Is Fushun Special Steel Co's Enterprise Value too high?
Fushun Special Steel Co's current Enterprise Value is ¥11,620 Mil. Overall, Fushun Special Steel Co has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fushun Special Steel Co's Enterprise Value compare to NUE and STLD?
Fushun Special Steel Co's Enterprise Value of ¥11,620 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Steel company?
A good Enterprise Value depends on the Steel industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Fushun Special Steel Co and its competitors. Fushun Special Steel Co's current Enterprise Value is ¥11,620 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fushun Special Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Fushun Special Steel Co (SHSE:600399) is currently considered Possible Value Trap. The stock's GF Value™ is ¥6.54, compared to a current price of ¥4.13 — trading 36.9% below its estimated fair value. The current Enterprise Value is ¥11,620 Mil. Fushun Special Steel Co's overall GF Score™ is 43/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Fushun Special Steel Co (SHSE:600399), the current Enterprise Value is ¥11,620 Mil as of Jul. 12, 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 Fushun Special Steel Co (SHSE:600399) Overvalued in 2026?

Based on GuruFocus' analysis, Fushun Special Steel Co stock appears to be undervalued. The current stock price of ¥4.13 is trading 36.9% below its estimated GF Value™ of ¥6.54. GuruFocus considers Fushun Special Steel Co to be Possible Value Trap.

Key valuation signals for SHSE:600399:

  • Enterprise Value: ¥11,620 Mil
  • GF Value™: ¥6.54 vs. price of ¥4.13 (36.9% below fair value)
  • GF Score™: 43/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fushun Special Steel Co Business Description

Address No. 8 Anshan Road, East Section, Wanghua District, Fushun, Liaoning, CHN, 113001
Fushun Special Steel Co Ltd is a China-based company engaged in the smelting and processing of special steel products and its materials. Its products include special alloys, tool steel, high strength steel, high-temperature, and corrosion-resistant alloys, titanium, and alloy structural steel. Its products are used in the aviation, aerospace, marine, nuclear, petroleum, chemical, electronics, machinery and other fields.
43GF Score

Get the complete analysis for SHSE:600399

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

¥4.13
Price
¥6.54
GF Value