6003

Fushun Special SteelLTDSHSE:600399 Stock Report

Market Cap

CN¥41.1b

7D

-14.7%

1Y

179.3%

Updated

18 Sep, 2021

Data

Company Financials +
600399 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends0/6

600399 Overview

Fushun Special Steel Co.,LTD. manufactures and sells steel products in China.

Share Price & News

How has Fushun Special SteelLTD's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600399 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 600399's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

-14.7%

600399

-6.9%

CN Metals and Mining

-2.4%

CN Market


1 Year Return

179.3%

600399

72.1%

CN Metals and Mining

9.2%

CN Market

Return vs Industry: 600399 exceeded the CN Metals and Mining industry which returned 72.1% over the past year.

Return vs Market: 600399 exceeded the CN Market which returned 9.2% over the past year.


Shareholder returns

600399IndustryMarket
7 Day-14.7%-6.9%-2.4%
30 Day-19.6%10.8%2.1%
90 Day30.7%40.5%2.4%
1 Year179.3%179.3%74.7%72.1%10.8%9.2%
3 Year298.9%298.9%101.6%90.5%67.9%59.3%
5 Year193.8%193.8%63.7%56.5%31.1%21.9%

Long-Term Price Volatility Vs. Market

How volatile is Fushun Special SteelLTD's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Fushun Special SteelLTD Fundamentals Summary

How do Fushun Special SteelLTD's earnings and revenue compare to its market cap?
600399 fundamental statistics
Market CapCN¥41.14b
Earnings (TTM)CN¥799.49m
Revenue (TTM)CN¥6.93b

51.5x

P/E Ratio

5.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
600399 income statement (TTM)
RevenueCN¥6.93b
Cost of RevenueCN¥5.38b
Gross ProfitCN¥1.56b
ExpensesCN¥757.14m
EarningsCN¥799.49m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin22.45%
Net Profit Margin11.53%
Debt/Equity Ratio45.3%

How did 600399 perform over the long term?

See historical performance and comparison

Valuation

Is Fushun Special SteelLTD undervalued compared to its fair value and its price relative to the market?

51.46x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 600399 (CN¥20.86) is trading above our estimate of fair value (CN¥1.43)

Significantly Below Fair Value: 600399 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600399 is poor value based on its PE Ratio (51.5x) compared to the CN Metals and Mining industry average (32.6x).

PE vs Market: 600399 is poor value based on its PE Ratio (51.5x) compared to the CN market (34.9x).


Price to Earnings Growth Ratio

PEG Ratio: 600399 is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: 600399 is overvalued based on its PB Ratio (7.5x) compared to the CN Metals and Mining industry average (3.1x).


Future Growth

How is Fushun Special SteelLTD forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

23.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600399's forecast earnings growth (23.6% per year) is above the savings rate (3.3%).

Earnings vs Market: 600399's earnings (23.6% per year) are forecast to grow faster than the CN market (22.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600399's revenue (12.3% per year) is forecast to grow slower than the CN market (18.1% per year).

High Growth Revenue: 600399's revenue (12.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600399's Return on Equity is forecast to be low in 3 years time (15.8%).


Past Performance

How has Fushun Special SteelLTD performed over the past 5 years?

29.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600399 has high quality earnings.

Growing Profit Margin: 600399's current net profit margins (11.5%) are higher than last year (6.2%).


Past Earnings Growth Analysis

Earnings Trend: 600399's earnings have grown significantly by 29.7% per year over the past 5 years.

Accelerating Growth: 600399's earnings growth over the past year (122.2%) exceeds its 5-year average (29.7% per year).

Earnings vs Industry: 600399 earnings growth over the past year (122.2%) exceeded the Metals and Mining industry 56.1%.


Return on Equity

High ROE: 600399's Return on Equity (14.6%) is considered low.


Financial Health

How is Fushun Special SteelLTD's financial position?


Financial Position Analysis

Short Term Liabilities: 600399's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥1.5B).

Long Term Liabilities: 600399's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥2.8B).


Debt to Equity History and Analysis

Debt Level: 600399's debt to equity ratio (45.3%) is considered high.

Reducing Debt: 600399's debt to equity ratio has reduced from 219% to 45.3% over the past 5 years.

Debt Coverage: 600399's debt is well covered by operating cash flow (21.5%).

Interest Coverage: 600399's interest payments on its debt are well covered by EBIT (12.4x coverage).


Balance Sheet


Dividend

What is Fushun Special SteelLTD current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 600399's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 600399'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 600399's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 600399's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 600399 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 600399'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?


CEO

Fushun Special SteelLTD has no CEO, or we have no data on them.


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

Fushun Special Steel Co.,LTD.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fushun Special Steel Co.,LTD.
  • Ticker: 600399
  • Exchange: SHSE
  • Founded: 1937
  • Industry: Steel
  • Sector: Materials
  • Market Cap: CN¥41.138b
  • Shares outstanding: 1.97b
  • Website: https://www.fs-ss.com

Number of Employees


Location

  • Fushun Special Steel Co.,LTD.
  • No.8, East Anshan Road
  • Wanghua District
  • Fushun
  • Liaoning Province
  • China

Listings


Biography

Fushun Special Steel Co.,LTD. manufactures and sells steel products in China. The company offers super alloy, tool and die steel, stainless steel, titanium alloy, and alloy structural steel products.Its p...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 09:02
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.