DSE : SSSTEEL
S. S. Steel Limited — Financial statements
Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills · Bangladesh
Last price 5 BDT (At close: Oct 29, 2026) · Market cap 1.64B
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Financial statements
S. S. Steel Limited (SSSTEEL) reported revenue of 24.31B BDT (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in BDT.
| TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | 24.31B | 24.07B | 14.86B | 7.64B | 6.39B | 3.70B |
| Cost of Revenue | 20.16B | 20.97B | 13.31B | 5.99B | 4.93B | 2.67B |
| Gross Profit | 4.15B | 3.10B | 1.55B | 1.65B | 1.45B | 1.03B |
| Selling, General & Admin | 683.91M | 562.02M | 334.55M | 294.30M | 275.16M | 214.03M |
| Operating Expenses | 683.91M | 562.02M | 334.55M | 294.30M | 275.16M | 214.03M |
| Operating Income | 3.47B | 2.54B | 1.22B | 1.35B | 1.18B | 811.69M |
| Interest Expense | -2.83B | -2.08B | -1.22B | -616.86M | -334.70M | -259.15M |
| Interest & Investment Income | 37.95M | |||||
| Other Non Operating Income (Expenses) | -109.30M | 91.56M | 79.47M | 35.33M | 40.11M | -1.04M |
| EBT Excluding Unusual Items | 532.93M | 546.88M | 78.73M | 771.28M | 883.12M | 589.45M |
| Pretax Income | 532.93M | 546.88M | 78.73M | 771.28M | 883.12M | 589.45M |
| Income Tax Expense | 526.90M | 490.87M | 61.05M | 157.89M | 178.70M | 153.17M |
| Earnings From Continuing Operations | 6.03M | 56.01M | 17.68M | 613.39M | 704.42M | 436.29M |
| Minority Interest in Earnings | 115.58K | -349.53K | -91.32K | -424.59K | -265.68K | |
| Net Income | 6.15M | 55.66M | 17.59M | 612.96M | 704.16M | 436.29M |
| Net Income to Common | 6.15M | 55.66M | 17.59M | 612.96M | 704.16M | 436.29M |
| Shares Outstanding (Basic) | 350.67M | 328.63M | 328.63M | 328.63M | 328.63M | 328.63M |
| Shares Outstanding (Diluted) | 350.67M | 328.63M | 328.63M | 328.63M | 328.63M | 328.63M |
| EPS (Basic) | 0.02 | 0.17 | 0.05 | 1.87 | 2.14 | 1.33 |
| EPS (Diluted) | 0.02 | 0.17 | 0.05 | 1.87 | 2.14 | 1.33 |
| Free Cash Flow | -2.96B | -9.01B | -1.01B | -1.57B | 313.01M | 369.67M |
| Free Cash Flow Per Share | -8.43 | -27.41 | -3.06 | -4.78 | 0.95 | 1.12 |
| Dividend Per Share | 0.20 | 0.20 | 0.20 | 0.19 | 0.19 | |
| Gross Margin | 17.08% | 12.88% | 10.43% | 21.56% | 22.75% | 27.74% |
| Operating Margin | 14.26% | 10.55% | 8.18% | 17.71% | 18.44% | 21.95% |
| Profit Margin | 0.03% | 0.23% | 0.12% | 8.02% | 11.03% | 11.80% |
| Free Cash Flow Margin | -12.16% | -37.42% | -6.78% | -20.55% | 4.90% | 10.00% |
| EBITDA | 1.47B | 1.29B | 959.78M | |||
| EBITDA Margin | 19.24% | 20.27% | 25.96% | |||
| D&A For EBITDA | 116.97M | 116.97M | 148.09M | |||
| EBIT | 3.47B | 2.54B | 1.22B | 1.35B | 1.18B | 811.69M |
| EBIT Margin | 14.26% | 10.55% | 8.18% | 17.71% | 18.44% | 21.95% |
| Effective Tax Rate | 98.87% | 89.76% | 77.54% | 20.47% | 20.23% | 25.98% |
| Advertising Expenses | 23.48M |
Balance sheet
Fiscal year July - June; amounts in BDT.
| TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 642.24M | 559.65M | 701.24M | 637.93M | 504.23M | 466.65M |
| Short-Term Investments | 237.77M | 567.82M | 358.80M | 707.23M | 305.55M | 158.59M |
| Cash & Short-Term Investments | 880.01M | 1.13B | 1.06B | 1.35B | 809.78M | 625.24M |
| Receivables | 6.90B | 7.17B | 4.42B | 3.85B | 3.27B | 1.75B |
| Inventory | 13.39B | 11.84B | 6.05B | 4.40B | 2.17B | 1.59B |
| Other Current Assets | 3.49B | 4.36B | 2.50B | 2.88B | 1.88B | 1.25B |
| Total Current Assets | 24.65B | 24.50B | 14.03B | 12.48B | 8.13B | 5.22B |
| Property, Plant & Equipment | 7.03B | 7.21B | 6.10B | 6.10B | 4.27B | 3.09B |
| Goodwill | 100.36M | 100.36M | 100.36M | 100.36M | 100.36M | |
| Other Intangible Assets | 8.66M | 9.69M | 10.15M | 12.13M | ||
| Other Long-Term Assets | 24.03M | 24.03M | 24.03M | 24.03M | 2.43M | 2.43M |
| Total Assets | 31.81B | 31.84B | 20.26B | 18.72B | 12.51B | 8.31B |
| Accounts Payable | 543.38M | 848.55M | 945.69M | 897.05M | 617.96M | 342.10M |
| Accrued Expenses | 595.70M | 195.15M | 159.59M | 347.67M | 215.27M | 182.62M |
| Short-Term Debt | 5.91B | 7.22B | 5.83B | 5.23B | 1.95B | 1.58B |
| Current Portion of Long-Term Debt | 1.48B | 1.31B | 520.97M | 421.02M | 242.70M | 115.74M |
| Current Portion of Leases | 2.72M | 6.54M | 9.87M | 12.97M | ||
| Current Income Taxes Payable | 1.01B | 974.56M | 855.35M | 816.22M | 617.22M | 410.23M |
| Other Current Liabilities | 74.47M | 384.74M | 399.98M | 13.41M | 8.45M | |
| Total Current Liabilities | 9.62B | 10.93B | 8.72B | 7.73B | 3.66B | 2.64B |
| Long-Term Debt | 13.73B | 12.45B | 3.40B | 2.81B | 1.37B | 396.48M |
| Long-Term Leases | 23.20M | 35.01M | 45.59M | |||
| Long-Term Deferred Tax Liabilities | 663.22M | 610.36M | 258.20M | 251.17M | 272.30M | 300.59M |
| Other Long-Term Liabilities | 537.60M | 2.00 | 3.00 | |||
| Total Liabilities | 24.56B | 24.00B | 12.37B | 10.82B | 5.34B | 3.39B |
| Common Stock | 3.29B | 3.29B | 3.29B | 3.29B | 3.04B | 2.82B |
| Retained Earnings | 3.24B | 3.26B | 3.19B | 3.11B | 2.92B | 1.40B |
| Comprehensive Income & Other | 677.33M | 1.25B | 1.36B | 1.40B | 1.21B | 706.50M |
| Total Common Equity | 7.20B | 7.80B | 7.84B | 7.80B | 7.16B | 4.93B |
| Minority Interest | 49.03M | 48.83M | 48.48M | 100.19M | 11.92M | |
| Shareholders' Equity | 7.25B | 7.85B | 7.88B | 7.90B | 7.18B | 4.93B |
| Total Liabilities & Equity | 31.81B | 31.84B | 20.26B | 18.72B | 12.51B | 8.31B |
| Total Debt | 21.13B | 20.98B | 9.76B | 8.49B | 3.61B | 2.15B |
| Net Cash (Debt) | -20.25B | -19.86B | -8.70B | -7.14B | -2.80B | -1.52B |
| Net Cash Per Share | -57.75 | -60.42 | -26.46 | -21.74 | -8.51 | -4.64 |
| Filing Date Shares Outstanding | 328.63M | 328.63M | 328.63M | 328.63M | 264.60M | 328.63M |
| Total Common Shares Outstanding | 328.63M | 328.63M | 328.63M | 328.63M | 264.60M | 328.63M |
| Working Capital | 15.03B | 13.56B | 5.31B | 4.75B | 4.47B | 2.57B |
| Book Value Per Share | 21.92 | 23.72 | 23.84 | 23.74 | 27.08 | 14.99 |
| Tangible Book Value | 7.10B | 7.69B | 7.73B | 7.69B | 7.05B | 4.93B |
| Tangible Book Value Per Share | 21.61 | 23.39 | 23.51 | 23.41 | 26.65 | 14.99 |
| Land | 863.36M | 863.36M | 863.36M | 796.97M | ||
| Buildings | 965.01M | 965.01M | 961.46M | 873.78M | ||
| Machinery | 3.31B | 2.00B | 1.98B | 1.90B | ||
| Construction In Progress | 706.13M | 694.44M | 534.03M | 533.20M |
Cash flow statement
Fiscal year July - June; amounts in BDT.
| TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Net Income | 6.15M | 55.66M | 17.59M | 612.96M | 704.16M | 436.29M |
| Depreciation & Amortization | 148.09M | |||||
| Other Amortization | 5.15M | |||||
| Other Operating Activities | -4.55B | -7.71B | -827.07M | -1.94B | -91.33M | 104.11M |
| Operating Cash Flow | -4.54B | -7.66B | -809.48M | -1.33B | 612.83M | 693.64M |
| Capital Expenditures | 1.59B | -1.35B | -197.82M | -243.48M | -299.81M | -323.97M |
| Investment in Securities | 181.54M | -259.02M | 349.02M | -1.48B | -1.44B | 46.41M |
| Other Investing Activities | 537.60M | -1.00 | 695.25M | -546.16M | -382.95M | |
| Investing Cash Flow | 2.31B | -1.61B | 846.45M | -2.27B | -2.12B | -277.56M |
| Short-Term Debt Issued | 2.17B | 746.81M | 2.79B | 367.28M | ||
| Long-Term Debt Issued | 9.06B | 545.74M | 1.22B | 146.01M | ||
| Total Debt Issued | 6.07B | 11.23B | 1.29B | 4.01B | 367.28M | 146.01M |
| Short-Term Debt Repaid | -149.31M | |||||
| Long-Term Debt Repaid | -2.72M | -27.03M | -15.13M | -54.31M | ||
| Lease Payments | -2.72M | -2.72M | -27.03M | -15.13M | -13.68M | |
| Total Debt Repaid | -1.26B | -2.72M | -27.03M | -15.13M | -54.31M | -149.31M |
| Net Debt Issued (Repaid) | 4.81B | 11.23B | 1.27B | 4.00B | 312.97M | -3.31M |
| Issuance of Common Stock | 378.10M | 1.59B | ||||
| Common Dividends Paid | -36.40M | -36.40M | -37.22M | -36.54M | -25.19M | |
| Other Financing Activities | -2.80B | -2.07B | -1.20B | -615.92M | -329.50M | -259.39M |
| Financing Cash Flow | 1.97B | 9.12B | 26.33M | 3.72B | 1.54B | -262.70M |
| Miscellaneous Cash Flow Adjustments | 2.00 | |||||
| Net Cash Flow | -264.69M | -141.59M | 63.30M | 132.45M | 37.52M | 153.39M |
| Free Cash Flow | -2.96B | -9.01B | -1.01B | -1.57B | 313.01M | 369.67M |
| Free Cash Flow Margin | -12.16% | -37.42% | -6.78% | -20.55% | 4.90% | 10.00% |
| Free Cash Flow Per Share | -8.43 | -27.41 | -3.06 | -4.78 | 0.95 | 1.12 |
| Levered Free Cash Flow | -5.31B | -11.42B | -1.74B | -2.98B | -1.98B | 1.56M |
| Unlevered Free Cash Flow | -3.55B | -10.12B | -982.08M | -2.60B | -1.77B | 163.53M |
| Free Cash Flow After Leases | -2.96B | -9.01B | -1.03B | -1.58B | 299.34M | 369.67M |
| Cash Interest Paid | 2.80B | 2.07B | 1.20B | 615.92M | 329.50M | 259.39M |
| Cash Income Tax Paid | 51.12M | 78.95M | 59.39M | 39.34M | 28.66M | 24.87M |
Ratios
Fiscal year July - June; amounts in BDT.
| TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.64B | 3.42B | 5.60B | 6.00B | 6.06B | 2.90B |
| Enterprise Value | 21.94B | 19.20B | 8.58B | 8.98B | 8.78B | 4.57B |
| Last Close Price | 5.00 | 10.18 | 16.06 | 17.01 | 17.45 | 8.25 |
| PE Ratio | 285.31 | 61.40 | 318.14 | 9.79 | 8.60 | 6.65 |
| PS Ratio | 0.07 | 0.14 | 0.38 | 0.79 | 0.95 | 0.79 |
| PB Ratio | 0.23 | 0.44 | 0.71 | 0.76 | 0.84 | 0.59 |
| P/TBV Ratio | 0.23 | 0.45 | 0.72 | 0.78 | 0.86 | 0.59 |
| P/FCF Ratio | 19.34 | 7.85 | ||||
| P/OCF Ratio | 9.88 | 4.18 | ||||
| EV/Sales Ratio | 0.90 | 0.80 | 0.58 | 1.18 | 1.38 | 1.24 |
| EV/EBITDA Ratio | 6.11 | 6.78 | 4.76 | |||
| EV/EBIT Ratio | 6.33 | 7.56 | 7.05 | 6.64 | 7.46 | 5.63 |
| EV/FCF Ratio | 28.06 | 12.37 | ||||
| Debt / Equity Ratio | 2.91 | 2.67 | 1.24 | 1.07 | 0.50 | 0.44 |
| Debt / EBITDA Ratio | 5.78 | 2.78 | 2.24 | |||
| Debt / FCF Ratio | 11.52 | 5.82 | ||||
| Net Debt / Equity Ratio | 2.79 | 2.53 | 1.10 | 0.90 | 0.39 | 0.31 |
| Net Debt / EBITDA Ratio | 4.86 | 2.16 | 1.59 | |||
| Net Debt / FCF Ratio | -6.85 | -2.20 | -8.63 | -4.55 | 8.93 | 4.12 |
| Asset Turnover | 0.83 | 0.92 | 0.76 | 0.49 | 0.61 | 0.46 |
| Inventory Turnover | 1.79 | 2.35 | 2.55 | 1.82 | 2.62 | 1.82 |
| Quick Ratio | 0.81 | 0.76 | 0.63 | 0.67 | 1.11 | 0.90 |
| Current Ratio | 2.56 | 2.24 | 1.61 | 1.61 | 2.22 | 1.97 |
| Return on Equity (ROE) | 0.08% | 0.71% | 0.22% | 8.13% | 11.64% | 9.27% |
| Return on Assets (ROA) | 7.38% | 6.09% | 3.90% | 5.41% | 7.07% | 6.35% |
| Return on Invested Capital (ROIC) | 0.14% | 1.18% | 1.73% | 8.60% | 11.44% | 9.55% |
| Return on Capital Employed (ROCE) | 15.60% | 12.10% | 10.50% | 12.30% | 13.30% | 14.30% |
| Earnings Yield | 0.35% | 1.63% | 0.31% | 10.21% | 11.63% | 15.03% |
| FCF Yield | -179.85% | -263.54% | -18.00% | -26.16% | 5.17% | 12.74% |
| Dividend Yield | 4.00% | 1.92% | 1.17% | 1.09% | 0.81% | 2.10% |
| Payout Ratio | 592.37% | 65.40% | 211.57% | 5.96% | 3.58% | |
| Buyback Yield / Dilution | -7.41% | -9.04% | ||||
| Total Shareholder Return | -3.41% | 1.92% | 1.17% | 1.09% | 0.81% | -6.94% |