Baoshan Iron & Steel
Market Cap
CN¥114.5b
Last Updated
2020/10/20 14:34 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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet established dividend payer.
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
Stable Share Price: 600019 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
5.2%
600019
-1.0%
CN Metals and Mining
-1.4%
CN Market
1 Year Return
-8.9%
600019
14.4%
CN Metals and Mining
28.8%
CN Market
Return vs Industry: 600019 underperformed the CN Metals and Mining industry which returned 14.6% over the past year.
Return vs Market: 600019 underperformed the CN Market which returned 29% over the past year.
Shareholder returns
| 600019 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.2% | -1.0% | -1.4% |
| 30 Day | 3.3% | -2.4% | 1.0% |
| 90 Day | 3.7% | -4.9% | -0.4% |
| 1 Year | -3.4%-8.9% | 16.2%14.4% | 31.0%28.8% |
| 3 Year | -16.7%-30.7% | -21.5%-24.8% | 14.4%8.9% |
| 5 Year | 13.2%-9.9% | -4.1%-8.9% | 12.5%5.0% |
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?
11.62x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 600019 (CN¥5.3) is trading above our estimate of fair value (CN¥2.74)
Significantly Below Fair Value: 600019 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 600019 is good value based on its PE Ratio (11.6x) compared to the CN Metals and Mining industry average (34.5x).
PE vs Market: 600019 is good value based on its PE Ratio (11.6x) compared to the CN market (41.6x).
Price to Earnings Growth Ratio
PEG Ratio: 600019 is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: 600019 is good value based on its PB Ratio (0.7x) compared to the CN Metals and Mining industry average (2.3x).
Next Steps
Future Growth
How is Baoshan Iron & Steel forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
4.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600019's forecast earnings growth (4.9% per year) is above the savings rate (3.3%).
Earnings vs Market: 600019's earnings (4.9% per year) are forecast to grow slower than the CN market (24.2% per year).
High Growth Earnings: 600019's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600019's revenue (0.8% per year) is forecast to grow slower than the CN market (17.7% per year).
High Growth Revenue: 600019's revenue (0.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600019's Return on Equity is forecast to be low in 3 years time (5.9%).
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Past Performance
How has Baoshan Iron & Steel performed over the past 5 years?
24.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600019 has high quality earnings.
Growing Profit Margin: 600019's current net profit margins (3.6%) are lower than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: 600019's earnings have grown significantly by 24.9% 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 (-43.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (-3.1%).
Return on Equity
High ROE: 600019's Return on Equity (5.7%) is considered low.
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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¥149.4B) exceed its short term liabilities (CN¥143.9B).
Long Term Liabilities: 600019's short term assets (CN¥149.4B) exceed its long term liabilities (CN¥18.6B).
Debt to Equity History and Analysis
Debt Level: 600019's debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: 600019's debt to equity ratio has reduced from 46.5% to 38.5% over the past 5 years.
Debt Coverage: 600019's debt is well covered by operating cash flow (36.2%).
Interest Coverage: 600019 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Baoshan Iron & Steel current dividend yield, its reliability and sustainability?
5.28%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600019's dividend (5.28%) is higher than the bottom 25% of dividend payers in the CN market (0.35%).
High Dividend: 600019's dividend (5.28%) is in the top 25% of dividend payers in the CN market (1.64%)
Stability and Growth of Payments
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 (61.4%), 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 (51.3% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.1yrs
Average management tenure
CEO
Genghong Sheng (56 yo)
no data
Tenure
CN¥2,871,600
Compensation
Mr. Genghong Sheng has been Deputy General Manager of Baoshan Iron & Steel Co., Ltd. since June 1, 2016. Mr. Sheng served as Director and Director of Baosteel Group Science Development Division of Shanghai ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Deputy GM & Presiding Officer | no data | CN¥2.87m | no data | |
| CFO & Secretary of the Board | 0.67yr | CN¥1.89m | no data | |
| Deputy General Manager | 3.67yrs | CN¥2.65m | no data | |
| Deputy General Manager | 1.5yrs | CN¥632.40k | no data | |
| Deputy General Manager | 0.75yr | no data | no data |
1.1yrs
Average Tenure
50yo
Average Age
Experienced Management: 600019's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.42yrs | CN¥350.00k | no data | |
| Director | 0.75yr | no data | no data | |
| Independent Director | 2.42yrs | CN¥350.00k | no data | |
| Independent Director | 2.42yrs | CN¥350.00k | no data | |
| Chairman of the Board | 1.75yrs | no data | no data | |
| Supervisor | 7.58yrs | CN¥930.00k | no data | |
| Supervisor | 3.67yrs | no data | no data | |
| Director | 3.67yrs | no data | no data | |
| Independent Director | 3.67yrs | CN¥350.00k | no data | |
| Chairman of Board of Supervisors | 3.67yrs | no data | no data | |
| Director | 0.58yr | CN¥1.72m | no data | |
| Independent Director | 1.08yrs | CN¥116.70k | no data |
2.4yrs
Average Tenure
56yo
Average Age
Experienced Board: 600019's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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
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¥114.474b
- Shares outstanding: 22.27b
- Website: https://bg.baosteel.com
Number of Employees
Location
- Baoshan Iron & Steel Co., Ltd.
- Baosteel Administration Center
- 885 Fujin Road
- Shanghai
- 201999
- 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. It operates through Iron and Steel Manufacturing, Processing and Distribution, an ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/20 14:34 |
| End of Day Share Price | 2020/10/19 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.