An AM receiving circuit is disclosed which comprises an intermediate frequency amplifying unit that generates an intermediate frequency signal from a broadcast wave signal received by an antenna to amplify and output the intermediate frequency signal; an AGC (Automatic Gain Control) unit that sets gain of the intermediate frequency amplifying unit depending on electric field intensity of the broadcast wave signal; and an AM detecting unit that detects the intermediate frequency signal output from the intermediate frequency amplifying unit, wherein the AM receiving circuit comprises a sound quality compensating unit including: a filter unit that extracts a predetermined frequency band of the audio signal; an amplifying unit that boosts or attenuates the audio signal in the predetermined frequency band extracted from the filter unit; and a controlling unit that controls filter characteristics of the filter unit and sets a boosting function or an attenuating function of the amplifying unit, depending on the electric field intensity of the broadcast wave signal.