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Maanshan Iron & Steel Company Limited Stock Price

SEHK:323 Community·HK$22.9b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 1 Fair Values set on narratives written by author

323 Share Price Performance

HK$1.91
0.16 (9.14%)
HK$2.56
Fair Value
HK$1.91
0.16 (9.14%)
25.5% undervalued intrinsic discount
HK$2.56
Fair Value
Price HK$1.91
AnalystConsensusTarget HK$2.56
AnalystLowTarget HK$1.91
AnalystHighTarget HK$2.99

323 Community Narratives

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Fair Value HK$2.56 25.5% undervalued intrinsic discount

Urbanization and Belt and Road Will Shape Steel Industry Outlook in 2025

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Fair Value HK$1.91 0.2% undervalued intrinsic discount

Aging Assets And Market Headwinds Will Squeeze Margins

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·
Fair Value HK$2.99 36.1% undervalued intrinsic discount

Renewable Energy And Urbanization In Asia Will Ignite Steel Demand

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Trending Discussion

Updated Narratives

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323: Recent Upgrade And Stronger Margins Will Support A More Optimistic Outlook

Fair Value: HK$2.56 25.5% undervalued intrinsic discount
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323: Research Upgrade And Revised Assumptions Will Support Higher Fair Value Estimate

Fair Value: HK$2.99 36.1% undervalued intrinsic discount
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323: Persistent Losses And Governance Changes Will Pressure Future Share Returns

Fair Value: HK$1.91 0.2% undervalued intrinsic discount
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Snowflake Analysis

Very undervalued with adequate balance sheet.

0 Risks
4 Rewards

Maanshan Iron & Steel Company Limited Key Details

CN¥75.8b

Revenue

CN¥72.5b

Cost of Revenue

CN¥3.3b

Gross Profit

CN¥3.3b

Other Expenses

-CN¥22.4m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
-0.0029
4.33%
-0.03%
42.3%
View Full Analysis

About 323

Founded
1953
Employees
16780
CEO
n/a
WebsiteView website
www.magang.com.hk

Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. It provides steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products, such as H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and train wheels and wheel rims. The company also engages iron and steel smelting, steel rolling processing, Coke, coal tar, crude benzene, Ferric sulfate, and coke oven gas production sales, etc. It serves construction, automobile, bridge-building, machinery, petroleum transportation, home electrical appliances, and medium and high-grade production of automobile parts, and high-grade light industries; packaging and utensil manufacturing, steel structures, construction of petroleum drilling platforms and railways, production of robust materials, pre-stressing strand steel wires and spring steel wires; railway transport, port machinery, petrochemical, and aerospace industries. Maanshan Iron & Steel Company Limited was founded in 1953 and is headquartered in Maanshan, the People's Republic of China.

Recent 323 News & Updates

Narrative Update Jun 03

323: Recent Upgrade And Stronger Margins Will Support A More Optimistic Outlook

Analysts have trimmed their HK$ price target on Maanshan Iron & Steel by about HK$0.10, reflecting updated views on fair value, discount rates, revenue growth, profit margins and future P/E assumptions following recent Street research, including the latest upgrade from Goldman Sachs. What's in the News A board meeting is scheduled for May 27, 2026 to consider and approve a capital increase of Baowu Environmental Technology by Magang Limited using the equity assets of Baowu Water as consideration.
Narrative Update May 11

323: Research Upgrade And Revised Assumptions Will Support Higher Fair Value Estimate

Analysts have lifted their HK$ fair value estimate for Maanshan Iron & Steel from about HK$2.80 to roughly HK$3.00, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E following recent research upgrades. Analyst Commentary Bullish Takeaways Bullish analysts point to the recent research upgrade, including the move by Goldman Sachs, as reinforcing confidence that the HK$3.00 fair value estimate still aligns with their updated assumptions on discount rates and target P/E levels.

Recent updates

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