Baoshan Iron & Steel
Market Cap
CN¥131.0b
Last Updated
2019/10/18 14:42 UTC
Data Sources
Company Financials +
Executive Summary
Baoshan Iron & Steel Co., Ltd. engages in the manufacture and sale of iron and steel products in China and internationally.
Snowflake
Fundamentals
Undervalued with excellent balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Baoshan Iron & Steel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.5%
600019
-2.0%
CN Metals and Mining
0.5%
CN Market
1 Year Return
-20.1%
600019
10.0%
CN Metals and Mining
30.6%
CN Market
Shareholder returns
| 600019 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | -2.0% | 0.5% |
| 30 Day | -3.4% | -5.2% | -0.6% |
| 90 Day | -5.4% | -4.0% | 4.0% |
| 1 Year | -13.9%-20.1% | 12.5%10.0% | 32.9%30.6% |
| 3 Year | 26.2%7.8% | -21.9%-24.3% | -10.0%-13.5% |
| 5 Year | 71.1%41.5% | 2.1%-2.0% | 40.3%31.9% |
Price Volatility Vs. Market
How volatile is Baoshan Iron & Steel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Baoshan Iron & Steel undervalued compared to its fair value and its price relative to the market?
29.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: 600019 (CN¥5.93) is trading below our estimate of fair value (CN¥8.46)
Significantly Undervalued: 600019 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 600019 is good value based on its PE Ratio (7.4x) compared to the Metals and Mining industry average (23.9x).
PE vs Market: 600019 is good value based on its PE Ratio (7.4x) compared to the CN market (32.1x).
Price to Earnings Growth Ratio
Low PEG Ratio: 600019 is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: 600019 is good value based on its PB Ratio (0.8x) compared to the CN Metals and Mining industry average (1.8x).
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Future Growth
How is Baoshan Iron & Steel forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
8.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600019's forecast earnings growth (8% per year) is above the savings rate (2.7%).
Earnings vs Market: 600019's earnings (8% per year) are forecast to grow slower than the CN market (18.3% per year).
High Growth Earnings: 600019's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600019's revenue (1.8% per year) is forecast to grow slower than the CN market (15.4% per year).
High Growth Revenue: 600019's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Information is not available.
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Past Performance
How has Baoshan Iron & Steel performed over the past 5 years?
38.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 600019's earnings have grown significantly by 38.8% per year over the past 5 years.
Accelerating Growth: 600019's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600019 had negative earnings growth (-22.9%) over the past year, making it difficult to compare to the Metals and Mining industry average (3.8%).
Return on Equity
High ROE: 600019's Return on Equity (10.4%) is considered low.
Return on Assets
ROA vs Industry: 600019 has a higher Return on Assets than the Metals and Mining industry average last year.
Return on Capital Employed
ROCE Improving: 600019 has significantly improved its Return on Capital Employed over the past 3 years.
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Financial Health
How is Baoshan Iron & Steel's financial position?
Financial Position Analysis
Short Term Liabilities: 600019's short term assets (CN¥128.7B) do not cover its short term liabilities (CN¥139.7B)
Long Term Liabilities: 600019's short term assets (128.7B) exceeds its long term liabilities (15.9B)
Debt to Equity History and Analysis
Debt Level: 600019's debt to equity ratio (36.5%) is considered satisfactory
Reducing Debt: 600019's debt to equity ratio has reduced from 46.2% to 36.5% over the past 5 years.
Debt Coverage: 600019's debt is well covered by operating cash flow (53%).
Interest Coverage: 600019 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Information is not available.
Information is not available.
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Dividend
What is Baoshan Iron & Steel's current dividend yield, its reliability and sustainability?
8.43%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 600019's dividend (8.43%) is higher than the bottom 25% of dividend payers in the CN market (0.45%).
High Dividend: 600019's dividend (8.43%) is in the top 25% of dividend payers in the CN market (1.89%)
Stable Dividend: 600019's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600019's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.3%), 600019's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600019's dividends in 3 years are forecast to be covered by earnings (51.4% payout ratio).
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Management
What is the CEO of Baoshan Iron & Steel's salary, the management and board of directors tenure and is there insider trading?
2.1yrs
Average management tenure
CEO
Angui Hou (47yo)
0.8yrs
Tenure
Mr. Angui Hou serves as President at Baoshan Iron & Steel Co., Ltd and has been its Director since January 28, 2019. He served as Vice President of Baoshan Iron & Steel Co., Ltd., since July 22, 2013. In N ...
Management Age and Tenure
2.1yrs
Average Tenure
47.5yo
Average Age
Experienced Management: 600019's management team is considered experienced (2.1 years average tenure).
Board Age and Tenure
2.0yrs
Average Tenure
52yo
Average Age
Experienced Board: 600019's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Kunzong Wu (48yo)
CFO & Chief Accountant
- Tenure: 3.3yrs
Shuangjie Chu (55yo)
Executive Vice President
- Tenure: 2.7yrs
Juan Wang (47yo)
Secretary
- Tenure: 1.5yrs
Angui Hou (47yo)
President
- Tenure: 0.8yrs
Board Members
Dawei Xia (66yo)
Independent Director
- Tenure: 6.5yrs
Xiongwen Lu (53yo)
Independent Director
- Tenure: 1.4yrs
Buck Pei (62yo)
Director
- Tenure: 7.5yrs
- Compensation: CN¥350.00k
Jixin Zou (51yo)
Chairman of the Board
- Tenure: 0.8yrs
JianFeng Zhou (56yo)
Director
- Tenure: 0.8yrs
Angui Hou (47yo)
President
- Tenure: 0.8yrs
Jingang Zhang (49yo)
Director
- Tenure: 2.7yrs
Kehua Zhang (66yo)
Independent Director
- Tenure: 2.7yrs
Yonghong Zhu (50yo)
Chairman of Board of Supervisors
- Tenure: 2.7yrs
Xiaodi Wu (50yo)
Director
- Tenure: 1.4yrs
Company Information
Baoshan Iron & Steel Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Baoshan Iron & Steel Co., Ltd.
- Ticker: 600019
- Exchange: SHSE
- Founded: 2000
- Industry: Steel
- Sector: Materials
- Market Cap: CN¥130.984b
- Shares outstanding: 22.28b
- Website: https://bg.baosteel.com
Number of Employees
Location
- Baoshan Iron & Steel Co., Ltd.
- No. 885 Fujin Road
- Baoshan District
- Shanghai
- 201900
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 600019 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Dec 2000 |
| 600019 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Dec 2000 |
Biography
Baoshan Iron & Steel Co., Ltd. engages in the manufacture and sale of iron and steel products in China and internationally. The company operates through Iron and Steel Manufacturing, Processing and Distrib ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/18 14:42 |
| End of Day Share Price | 2019/10/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.