CITIC Pacific Special Steel Group Co Ltd
SZSE:000708
CITIC Pacific Special Steel Group Co Ltd
Accounts Payable
CITIC Pacific Special Steel Group Co Ltd
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
C
|
CITIC Pacific Special Steel Group Co Ltd
SZSE:000708
|
Accounts Payable
ÂĄ13.2B
|
CAGR 3-Years
1%
|
CAGR 5-Years
5%
|
CAGR 10-Years
37%
|
|
H
|
Hang Zhou Iron & Steel Co Ltd
SSE:600126
|
Accounts Payable
ÂĄ1.9B
|
CAGR 3-Years
-12%
|
CAGR 5-Years
-4%
|
CAGR 10-Years
2%
|
|
I
|
Inner Mongolia BaoTou Steel Union Co Ltd
SSE:600010
|
Accounts Payable
ÂĄ16.1B
|
CAGR 3-Years
-8%
|
CAGR 5-Years
-10%
|
CAGR 10-Years
-4%
|
|
![]() |
Baoshan Iron & Steel Co Ltd
SSE:600019
|
Accounts Payable
ÂĄ46.4B
|
CAGR 3-Years
0%
|
CAGR 5-Years
9%
|
CAGR 10-Years
9%
|
|
H
|
Huaibei Mining Holdings Co Ltd
SSE:600985
|
Accounts Payable
ÂĄ12.3B
|
CAGR 3-Years
11%
|
CAGR 5-Years
15%
|
CAGR 10-Years
60%
|
|
H
|
Hunan Valin Steel Co Ltd
SZSE:000932
|
Accounts Payable
ÂĄ11.4B
|
CAGR 3-Years
9%
|
CAGR 5-Years
17%
|
CAGR 10-Years
6%
|
CITIC Pacific Special Steel Group Co Ltd
Glance View
CITIC Pacific Special Steel Group Co Ltd., a powerhouse nestled within China's colossal industrial landscape, stands as the nation's largest manufacturer of special steel. Emerging from the CITIC Group, this subsidiary is a testament to China's drive towards high-quality manufacturing and innovation. The company's essence lies in its vertically integrated operations, stretching from raw material procurement to steel production and distribution. Through advanced technological prowess and a keen eye for efficiency, CITIC Pacific Special Steel specializes in producing high-grade steel products that are pivotal across various industries, including automotive, energy, and machinery manufacturing. This specialization is not just about mass production but delivering tailor-made steel solutions that cater to the nuanced demands of its diverse clientele. At the core of CITIC Pacific's business model is its ability to leverage economies of scale while maintaining stringent quality control measures. Its extensive manufacturing plants are equipped with state-of-the-art technology, allowing the company to maximize productivity and minimize waste. Revenue streams are primarily driven by sales of its specialty steel products, which have increasingly found their way into high-end markets, driven by global infrastructure growth and industrial modernization. Additionally, the company's strategic investments in research and development ensure that it stays ahead of industry trends, continuously innovating to improve product quality and production efficiency. As global markets continue to demand more specialized and high-performance materials, CITIC Pacific Special Steel stands poised to maintain its leadership position, navigating the complexities of the steel industry with a blend of traditional Chinese enterprise acumen and modern industrial ingenuity.
See Also
What is CITIC Pacific Special Steel Group Co Ltd's Accounts Payable?
Accounts Payable
13.2B
CNY
Based on the financial report for Sep 30, 2024, CITIC Pacific Special Steel Group Co Ltd's Accounts Payable amounts to 13.2B CNY.
What is CITIC Pacific Special Steel Group Co Ltd's Accounts Payable growth rate?
Accounts Payable CAGR 10Y
37%
Over the last year, the Accounts Payable growth was -24%. The average annual Accounts Payable growth rates for CITIC Pacific Special Steel Group Co Ltd have been 1% over the past three years , 5% over the past five years , and 37% over the past ten years .