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Lingyuan Iron & Steel SHSE:600231 Stock Report

Last Price

CN¥1.23

Market Cap

CN¥3.5b

7D

-8.9%

1Y

-44.1%

Updated

25 Jun, 2024

Data

Company Financials

Lingyuan Iron & Steel Co., Ltd.

SHSE:600231 Stock Report

Market Cap: CN¥3.5b

600231 Stock Overview

Engages in the production, operation, and development of metallurgical products; and mining, washing, and deep processing of ferrous metal ores in China.

600231 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Lingyuan Iron & Steel Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lingyuan Iron & Steel
Historical stock prices
Current Share PriceCN¥1.23
52 Week HighCN¥2.75
52 Week LowCN¥1.21
Beta0.45
11 Month Change-26.35%
3 Month Change-28.90%
1 Year Change-44.09%
33 Year Change-56.38%
5 Year Change-62.27%
Change since IPO-28.32%

Recent News & Updates

Investors Don't See Light At End Of Lingyuan Iron & Steel Co., Ltd.'s (SHSE:600231) Tunnel And Push Stock Down 25%

Jun 20
Investors Don't See Light At End Of Lingyuan Iron & Steel Co., Ltd.'s (SHSE:600231) Tunnel And Push Stock Down 25%

Is Lingyuan Iron & Steel (SHSE:600231) Using Debt Sensibly?

Jun 03
Is Lingyuan Iron & Steel (SHSE:600231) Using Debt Sensibly?

Improved Revenues Required Before Lingyuan Iron & Steel Co., Ltd. (SHSE:600231) Shares Find Their Feet

Apr 03
Improved Revenues Required Before Lingyuan Iron & Steel Co., Ltd. (SHSE:600231) Shares Find Their Feet

Recent updates

Investors Don't See Light At End Of Lingyuan Iron & Steel Co., Ltd.'s (SHSE:600231) Tunnel And Push Stock Down 25%

Jun 20
Investors Don't See Light At End Of Lingyuan Iron & Steel Co., Ltd.'s (SHSE:600231) Tunnel And Push Stock Down 25%

Is Lingyuan Iron & Steel (SHSE:600231) Using Debt Sensibly?

Jun 03
Is Lingyuan Iron & Steel (SHSE:600231) Using Debt Sensibly?

Improved Revenues Required Before Lingyuan Iron & Steel Co., Ltd. (SHSE:600231) Shares Find Their Feet

Apr 03
Improved Revenues Required Before Lingyuan Iron & Steel Co., Ltd. (SHSE:600231) Shares Find Their Feet

Shareholder Returns

600231CN Metals and MiningCN Market
7D-8.9%-3.7%-4.7%
1Y-44.1%-8.2%-17.5%

Return vs Industry: 600231 underperformed the CN Metals and Mining industry which returned -6.5% over the past year.

Return vs Market: 600231 underperformed the CN Market which returned -16% over the past year.

Price Volatility

Is 600231's price volatile compared to industry and market?
600231 volatility
600231 Average Weekly Movement5.0%
Metals and Mining Industry Average Movement6.5%
Market Average Movement6.8%
10% most volatile stocks in CN Market10.2%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 600231's share price has been volatile over the past 3 months.

Volatility Over Time: 600231's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a7,158Yumin Mawww.lggf.com.cn

Lingyuan Iron & Steel Co., Ltd. engages in the production, operation, and development of metallurgical products; and mining, washing, and deep processing of ferrous metal ores in China. The company offers hot-rolled round steel, rebars, medium and wide bands, wire rods, welded steel pipes, etc. It also exports its products to approximately 30 countries and regions, including Southeast Asia, the Middle East, the United States, and Africa.

Lingyuan Iron & Steel Co., Ltd. Fundamentals Summary

How do Lingyuan Iron & Steel's earnings and revenue compare to its market cap?
600231 fundamental statistics
Market capCN¥3.51b
Earnings (TTM)-CN¥1.05b
Revenue (TTM)CN¥19.97b

0.2x

P/S Ratio

-3.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600231 income statement (TTM)
RevenueCN¥19.97b
Cost of RevenueCN¥20.70b
Gross Profit-CN¥724.21m
Other ExpensesCN¥322.54m
Earnings-CN¥1.05b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.37
Gross Margin-3.63%
Net Profit Margin-5.24%
Debt/Equity Ratio34.6%

How did 600231 perform over the long term?

See historical performance and comparison
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