Inner Mongolian Baotou Steel Union Co (SHSE:600010) Net Margin %: -3.48% (As of Mar. 2026)

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SHSE:600010 Inner Mongolian Baotou Steel Union Co Ltd SHSE:600010
57 GF Score
Price ¥2.16
GF Value ¥1.79
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Inner Mongolian Baotou Steel Union Co Net Margin %?

Inner Mongolian Baotou Steel Union Co SHSE:600010 -2.70% 57 Net Margin % is -3.48% as of Mar. 2026. GuruFocus rates SHSE:600010 with a GF Score™ of 57/100 and a GF Value™ of ¥1.79 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 611 Steel companies, Inner Mongolian Baotou Steel Union Co ranks worse than 72.18% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Inner Mongolian Baotou Steel Union Co's Net Income for the three months ended in Mar. 2026 was ¥-463 Mil. Inner Mongolian Baotou Steel Union Co's Revenue for the three months ended in Mar. 2026 was ¥13,314 Mil. Therefore, Inner Mongolian Baotou Steel Union Co's net margin for the quarter that ended in Mar. 2026 was -3.48%.

The historical rank and industry rank for Inner Mongolian Baotou Steel Union Co's Net Margin % or its related term are showing as below:

SHSE:600010' s Net Margin % Range Over the Past 10 Years
Min: -1.01   Med: 0.71   Max: 4.95
Current: -0.21


SHSE:600010's Net Margin % is ranked worse than
72.18% of 611 companies
in the Steel industry
Industry Median: 1.9 vs SHSE:600010: -0.21

Inner Mongolian Baotou Steel Union Co  (SHSE:600010) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Inner Mongolian Baotou Steel Union Co Net Margin % Related Terms


Inner Mongolian Baotou Steel Union Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Inner Mongolian Baotou Steel Union Co's Net Margin % 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.

Inner Mongolian Baotou Steel Union Co Net Margin % Chart

Inner Mongolian Baotou Steel Union Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.33 -1.01 0.73 0.39 0.56

Inner Mongolian Baotou Steel Union Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 0.29 0.67 0.49 0.77 -3.48

SHSE:600010 vs NUE, STLD, RS: Net Margin % Comparison

For the Steel subindustry, Inner Mongolian Baotou Steel Union Co's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Inner Mongolian Baotou Steel Union Co Net Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Inner Mongolian Baotou Steel Union Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Inner Mongolian Baotou Steel Union Co's Net Margin % falls into.


SHSE:600010
57GF Score
Inner Mongolian Baotou Steel Union Co Ltd SHSE:600010
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inner Mongolian Baotou Steel Union Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Inner Mongolian Baotou Steel Union Co's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=373.622/66357.524
=0.56 %

Inner Mongolian Baotou Steel Union Co's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-462.699/13313.945
=-3.48 %

* 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 Net Margin % →
What does a Net Margin % of -3.48% mean?
Inner Mongolian Baotou Steel Union Co (SHSE:600010) has a Net Margin % of -3.48% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Inner Mongolian Baotou Steel Union Co and its competitors. According to the industry distribution chart, Inner Mongolian Baotou Steel Union Co ranks #441 out of 611 companies in the Steel industry, placing it in the top 72.2%.
Is Inner Mongolian Baotou Steel Union Co's Net Margin % too high?
Inner Mongolian Baotou Steel Union Co's current Net Margin % is -3.48%. Based on the distribution chart, Inner Mongolian Baotou Steel Union Co ranks #441 out of 611 companies in the Steel industry, which is below the industry midpoint. Overall, Inner Mongolian Baotou Steel Union Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolian Baotou Steel Union Co's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Inner Mongolian Baotou Steel Union Co ranks #441 out of 611 companies for Net Margin %. This places Inner Mongolian Baotou Steel Union Co in the lower half of its industry. The industry median Net Margin % is 1.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Steel company?
The median Net Margin % among Steel companies is 1.90, based on 611 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Inner Mongolian Baotou Steel Union Co and its competitors. For the Steel industry, the median Net Margin % is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inner Mongolian Baotou Steel Union Co's current Net Margin % is -3.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner Mongolian Baotou Steel Union Co stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolian Baotou Steel Union Co (SHSE:600010) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.79, compared to a current price of ¥2.16 — trading 20.7% above its estimated fair value. The current Net Margin % is -3.48%. Inner Mongolian Baotou Steel Union Co's overall GF Score™ is 57/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Inner Mongolian Baotou Steel Union Co (SHSE:600010), the current Net Margin % is -3.48% as of Mar. 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 Inner Mongolian Baotou Steel Union Co (SHSE:600010) Overvalued in 2026?

Based on GuruFocus' analysis, Inner Mongolian Baotou Steel Union Co stock appears to be overvalued. The current stock price of ¥2.16 is trading 20.7% above its estimated GF Value™ of ¥1.79. GuruFocus considers Inner Mongolian Baotou Steel Union Co to be Modestly Overvalued.

Key valuation signals for SHSE:600010:

  • Net Margin %: -3.48%
  • GF Value™: ¥1.79 vs. price of ¥2.16 (20.7% above fair value)
  • GF Score™: 57/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600010 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inner Mongolian Baotou Steel Union Co Business Description

Address Inner Mongolia Autonomous Region, Baotou Steel Information Building, Hexi Industrial Zone, Kun District, Baotou, CHN, 014010
Inner Mongolian Baotou Steel Union Co Ltd is a steel company in China. Its products include hot-rolled sheets, seamless pipes, heavy rails, and others.
57GF Score

Get the complete analysis for SHSE:600010

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

¥2.16
Price
¥1.79
GF Value