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Shanxi Taigang Stainless Steel Co., Ltd. engages in the production and sales of steel products in China and internationally. The company's products include stainless steel, cold-rolled silicon steel, carbon steel hot-rolled coils, railway wheel and axle steel, and alloy mold steel; ultra-pure ferritic, duplex steel, tank container, non-magnetic steel, and railway passenger and freight car steel; and high manganese, soft stainless steel precision foil hand-torn steel, pen tip steel, high-nitrogen stainless steel and other products. It also engages in the processes, produces, and sells pig iron, steel ingots, steel billets, stainless-steel products; ferrous metals; metal products; stainless-steel plates; and stainless-steel seamless pipes and welded pipes, as well as trades stainless steel and ferrous metals. In addition, the company provides technical consulting services and bonded warehousing services. Further, its products are used in petroleum, chemical, shipbuilding, container, railway, automotive, urban light rail, and power plants. The company was founded in 1997 and is headquartered in Taiyuan, China. Shanxi Taigang Stainless Steel Co., Ltd. is a subsidiary of Taiyuan Iron & Steel (Group) Co.,Ltd.

	2021	2022	2023	2024	2025	TTM
Revenue
Total revenue	101,437.3	97,654.4	105,617.8	100,379.5	90,375.5	91,847.6
COGS	91,281.3	95,386.8	105,467.9	99,529.2	88,661.2	90,547.5
Gross Profit	10,156.1	2,267.6	149.9	850.3	1,714.3	1,300.1
Operating Expenses & Income
Operating Income	6,898.8	226.6	(1,276.3)	(941)	544.1	81.54
Total Operating Expenses	3,257.2	2,040.9	1,426.2	1,791.3	89,831.4	70,208.4
R&D Expenses	3,361.9	828.3	904.1	1,110.9	711.5	464.9
Selling General & Admin Expenses	647.2	646	553.9	671	178.4	1,093.5
Earnings from Continuing Operations
Interest Expense	(594.7)	(347.9)	(295.6)	(222.9)	(191.4)	(159.6)
Interest Income	153.5	139.7	140.9	91.44	91.04	58.22
Income Tax Expense	598.7	64.15	65.95	38	-	12.57
Net Income
Net Income	6,309.8	153.5	(1,080.6)	(981)	51.53	(206)
Supplemental
EBIT	7,969.8	247.4	(1,867.2)	(1,205.4)	-	-
EBITDA	11,152.5	3,347.1	1,256.4	2,017.1	-	-

Shanxi Taigang Stainless Steel Co Ltd