Baoshan Iron & Steel Future Growth

Future criteria checks 1/6

Baoshan Iron & Steel is forecast to grow earnings and revenue by 14.3% and 0.8% per annum respectively. EPS is expected to grow by 13% per annum. Return on equity is forecast to be 6.7% in 3 years.

Key information

14.3%

Earnings growth rate

13.0%

EPS growth rate

Metals and Mining earnings growth	24.9%
Revenue growth rate	0.8%
Future return on equity	6.7%
Analyst coverage	Good
Last updated	28 Aug 2024

Recent future growth updates

Recent updates

Baoshan Iron & Steel Co., Ltd. (SHSE:600019) Shares Could Be 44% Below Their Intrinsic Value Estimate

Jul 21

Investors Don't See Light At End Of Baoshan Iron & Steel Co., Ltd.'s (SHSE:600019) Tunnel

Jun 30

Baoshan Iron & Steel (SHSE:600019) Will Pay A Larger Dividend Than Last Year At CN¥0.20

Jun 09

Baoshan Iron & Steel (SHSE:600019) Might Be Having Difficulty Using Its Capital Effectively

May 24

A Piece Of The Puzzle Missing From Baoshan Iron & Steel Co., Ltd.'s (SHSE:600019) Share Price

Mar 26

We Think Baoshan Iron & Steel (SHSE:600019) Can Stay On Top Of Its Debt

Feb 29

Earnings and Revenue Growth Forecasts

SHSE:600019 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	344,847	16,321	14,120	32,072	12
12/31/2025	344,682	13,619	10,511	34,299	16
12/31/2024	342,121	11,176	8,469	35,066	15
6/30/2024	337,897	11,793	4,961	24,802	N/A
3/31/2024	348,854	12,088	N/A	N/A	N/A
12/31/2023	344,868	11,800	4,273	25,302	N/A
9/30/2023	345,243	10,866	11,942	34,114	N/A
6/30/2023	355,022	8,740	12,693	36,407	N/A
3/31/2023	361,683	10,092	8,614	30,497	N/A
12/31/2022	369,058	11,979	22,296	44,719	N/A
9/30/2022	369,818	11,446	30,926	54,224	N/A
6/30/2022	365,810	16,275	23,893	46,210	N/A
3/31/2022	368,543	21,942	30,927	54,755	N/A
12/31/2021	365,342	23,573	35,947	59,869	N/A
9/30/2021	356,130	26,356	16,239	40,573	N/A
6/30/2021	335,906	23,717	21,573	45,439	N/A
3/31/2021	305,181	16,453	15,936	37,151	N/A
12/31/2020	282,281	12,631	8,285	28,153	N/A
9/30/2020	275,796	11,311	6,727	25,286	N/A
6/30/2020	281,277	10,128	12,378	30,126	N/A
3/31/2020	287,116	11,280	18,558	36,734	N/A
12/31/2019	292,434	12,465	15,448	33,074	N/A
9/30/2019	297,400	14,560	18,653	33,688	N/A
6/30/2019	298,105	17,618	25,722	39,969	N/A
3/31/2019	303,438	18,993	30,014	43,332	N/A
12/31/2018	305,507	21,288	32,806	45,568	N/A
9/30/2018	291,807	23,249	43,634	56,701	N/A
6/30/2018	292,632	23,010	33,130	46,005	N/A
3/31/2018	284,557	20,405	N/A	34,718	N/A
12/31/2017	289,498	19,170	N/A	33,077	N/A
9/30/2017	293,589	14,776	N/A	22,652	N/A
6/30/2017	285,284	11,504	N/A	17,562	N/A
3/31/2017	270,753	11,303	N/A	16,669	N/A
12/31/2016	246,421	9,076	N/A	22,403	N/A
9/30/2016	217,811	4,658	N/A	18,657	N/A
6/30/2016	189,898	1,511	N/A	23,153	N/A
3/31/2016	170,799	956	N/A	23,783	N/A
12/31/2015	164,117	944	N/A	21,177	N/A
9/30/2015	166,357	3,036	N/A	21,474	N/A
6/30/2015	170,940	5,813	N/A	23,405	N/A
3/31/2015	182,417	5,829	N/A	33,002	N/A
12/31/2014	187,789	5,792	N/A	28,280	N/A
9/30/2014	191,403	6,187	N/A	24,579	N/A
6/30/2014	191,559	5,270	N/A	19,818	N/A
3/31/2014	190,435	5,701	N/A	10,561	N/A
12/31/2013	190,026	5,818	N/A	12,090	N/A
9/30/2013	187,930	3,940	N/A	18,359	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600019's forecast earnings growth (14.3% per year) is above the savings rate (2.9%).

Earnings vs Market: 600019's earnings (14.3% per year) are forecast to grow slower than the CN market (16.8% 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 (10.4% 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 (6.7%).

Baoshan Iron & Steel Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 20%

Consensus EPS estimates fall by 13%

Consensus EPS estimates fall by 11%

Consensus forecasts updated

Price target decreased to CN¥7.11

Consensus EPS estimates fall by 11%

Recent updates

Consensus EPS estimates fall by 20%

Baoshan Iron & Steel Co., Ltd. (SHSE:600019) agreed to acquire an additional 50% stake in Baosteel-Nippon Steel Automotive Steel Sheets Co., Ltd. from Nippon Steel Corporation (TSE:5401) for approximately $250 million.

Baoshan Iron & Steel Co., Ltd. (SHSE:600019) Shares Could Be 44% Below Their Intrinsic Value Estimate

Investors Don't See Light At End Of Baoshan Iron & Steel Co., Ltd.'s (SHSE:600019) Tunnel

Baoshan Iron & Steel Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024

Baoshan Iron & Steel (SHSE:600019) Will Pay A Larger Dividend Than Last Year At CN¥0.20

Dividend increased to CN¥0.20

Baoshan Iron & Steel (SHSE:600019) Might Be Having Difficulty Using Its Capital Effectively

Baoshan Iron & Steel Co., Ltd., Annual General Meeting, May 17, 2024

Baoshan Iron & Steel Co., Ltd., Annual General Meeting, May 17, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Baoshan Iron & Steel Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024

A Piece Of The Puzzle Missing From Baoshan Iron & Steel Co., Ltd.'s (SHSE:600019) Share Price

We Think Baoshan Iron & Steel (SHSE:600019) Can Stay On Top Of Its Debt

Full year 2023 earnings released: EPS: CN¥0.54 (vs CN¥0.55 in FY 2022)

Baoshan Iron & Steel Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

New minor risk - Earnings quality

Baoshan Iron & Steel Co., Ltd. (SHSE:600019) announces an Equity Buyback for CNY 3,000 million worth of its shares.

Now 20% undervalued

Now 21% undervalued

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates fall by 13%

Now 20% undervalued after recent price drop

Now 20% undervalued

Consensus EPS estimates fall by 11%

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Consensus forecasts updated

Price target decreased to CN¥7.11

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Upcoming dividend of CN¥0.18 per share

Less than half of directors are independent

Consensus EPS estimates fall by 11%

Price target decreased to CN¥9.31

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Third quarter 2021 earnings released: EPS CN¥0.30 (vs CN¥0.17 in 3Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Price target increased to CN¥11.78

Second quarter 2021 earnings released: EPS CN¥0.44 (vs CN¥0.11 in 2Q 2020)

Consensus EPS estimates increase to CN¥0.84

First quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.07 in 1Q 2020)

Price target increased to CN¥9.81

Price target increased to CN¥8.61

Investor sentiment improved over the past week

New 90-day high: CN¥7.15

New 90-day high: CN¥7.03

New 90-day high: CN¥6.56

Market bids up stock over the past week

Market bids up stock over the past week

Analysts increase EPS estimates to CN¥0.49

New 90-day high: CN¥5.59

Third-quarter earnings released: Earnings beat expectations, revenue disappoints

Third quarter earnings released

New 90-day high: CN¥5.21

Baoshan Iron & Steel Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020

First half earnings released

Baoshan Iron & Steel Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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