6000

Inner Mongolia Baotou Steel UnionSHSE:600010 Stock Report

Market Cap

CN¥154.1b

7D

-11.3%

1Y

188.9%

Updated

20 Sep, 2021

Data

Company Financials +
600010 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

600010 Overview

Inner Mongolia Baotou Steel Union Co., Ltd.

Price History & Performance

Summary of all time highs, changes and price drops for Inner Mongolia Baotou Steel Union
Historical stock prices
Current Share PriceCN¥3.38
52 Week HighCN¥1.12
52 Week LowCN¥4.14
Beta-0.11
1 Month Change29.50%
3 Month Change115.29%
1 Year Change188.89%
3 Year Change123.84%
5 Year Change72.07%
Change since IPO121.81%

Recent News & Updates

Shareholder Returns

600010CN Metals and MiningCN Market
7D-11.3%-6.5%-2.4%
1Y188.9%74.0%9.3%

Return vs Industry: 600010 exceeded the CN Metals and Mining industry which returned 74% over the past year.

Return vs Market: 600010 exceeded the CN Market which returned 9.3% over the past year.

Price Volatility

Is 600010's price volatile compared to industry and market?
600010 volatility
600010 Beta-0.11
Industry Beta0.66
Market Beta1

Stable Share Price: 600010 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 600010's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
199928,041Degang Lihttps://www.btsteel.com

Inner Mongolia Baotou Steel Union Co., Ltd. operates in the steel industry in China and internationally. It offers automobile, appliance, high-grade pipeline, and high-strength structural steel products.

Inner Mongolia Baotou Steel Union Fundamentals Summary

How do Inner Mongolia Baotou Steel Union's earnings and revenue compare to its market cap?
600010 fundamental statistics
Market CapCN¥154.08b
Earnings (TTM)CN¥3.09b
Revenue (TTM)CN¥70.75b

49.9x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
600010 income statement (TTM)
RevenueCN¥70.75b
Cost of RevenueCN¥62.16b
Gross ProfitCN¥8.59b
ExpensesCN¥5.50b
EarningsCN¥3.09b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.068
Gross Margin12.14%
Net Profit Margin4.36%
Debt/Equity Ratio49.9%

How did 600010 perform over the long term?

See historical performance and comparison

Valuation

Is Inner Mongolia Baotou Steel Union undervalued compared to its fair value and its price relative to the market?

13.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 600010 (CN¥3.38) is trading below our estimate of fair value (CN¥3.92)

Significantly Below Fair Value: 600010 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 600010 is poor value based on its PE Ratio (49.9x) compared to the CN Metals and Mining industry average (32.6x).

PE vs Market: 600010 is poor value based on its PE Ratio (49.9x) compared to the CN market (34.9x).


Price to Earnings Growth Ratio

PEG Ratio: 600010's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 600010 is good value based on its PB Ratio (2.8x) compared to the CN Metals and Mining industry average (3.1x).


Future Growth

How is Inner Mongolia Baotou Steel Union forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-78.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600010's earnings are forecast to decline over the next 3 years (-78% per year).

Earnings vs Market: 600010's earnings are forecast to decline over the next 3 years (-78% per year).

High Growth Earnings: 600010's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 600010's revenue is expected to decline over the next 3 years (-6% per year).

High Growth Revenue: 600010's revenue is forecast to decline over the next 3 years (-6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 600010's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Inner Mongolia Baotou Steel Union performed over the past 5 years?

19.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600010 has high quality earnings.

Growing Profit Margin: 600010 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 600010 has become profitable over the past 5 years, growing earnings by 19.3% per year.

Accelerating Growth: 600010 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 600010 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (56.1%).


Return on Equity

High ROE: 600010's Return on Equity (5.6%) is considered low.


Financial Health

How is Inner Mongolia Baotou Steel Union's financial position?


Financial Position Analysis

Short Term Liabilities: 600010's short term assets (CN¥47.8B) do not cover its short term liabilities (CN¥64.5B).

Long Term Liabilities: 600010's short term assets (CN¥47.8B) exceed its long term liabilities (CN¥24.3B).


Debt to Equity History and Analysis

Debt Level: 600010's debt to equity ratio (49.9%) is considered high.

Reducing Debt: 600010's debt to equity ratio has reduced from 64% to 49.9% over the past 5 years.

Debt Coverage: 600010's debt is well covered by operating cash flow (23.9%).

Interest Coverage: 600010's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


Dividend

What is Inner Mongolia Baotou Steel Union current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 600010's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 600010's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 600010's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 600010's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 600010 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 600010's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average management tenure


CEO

Degang Li

4.67yrs

Tenure

Degang Li has been General Manager at Inner Mongolia Baotou Steel Union Co., Ltd. since January 25, 2017. Degang Li serves as Deputy General Manager at Baotou Iron & Steel (Group) Co., Ltd.


Leadership Team

Experienced Management: 600010's management team is seasoned and experienced (6.5 years average tenure).


Board Members

Experienced Board: 600010's board of directors are seasoned and experienced ( 13.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Inner Mongolia Baotou Steel Union Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Inner Mongolia Baotou Steel Union Co., Ltd.
  • Ticker: 600010
  • Exchange: SHSE
  • Founded: 1999
  • Industry: Steel
  • Sector: Materials
  • Market Cap: CN¥154.077b
  • Shares outstanding: 45.59b
  • Website: https://www.btsteel.com

Number of Employees


Location

  • Inner Mongolia Baotou Steel Union Co., Ltd.
  • Hexi Industrial Zone
  • Baotou
  • Inner Mongolia Province
  • 14010
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 09:05
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.