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Angang Steel SZSE:000898 Stock Report

Last Price

CN¥2.29

Market Cap

CN¥20.1b

7D

-4.6%

1Y

-6.1%

Updated

08 Jan, 2025

Data

Company Financials +

Angang Steel Company Limited

SZSE:000898 Stock Report

Market Cap: CN¥20.1b

000898 Stock Overview

Engages in the production, processing, and sale of steel products in the People’s Republic of China and internationally. More details

000898 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Rewards

Earnings are forecast to grow 104.27% per year

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for 000898 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Angang Steel Company Limited Competitors

HBIS

SZSE:000709

CN¥21.9b

Beijing Shougang

SZSE:000959

CN¥22.8b

Shanxi Meijin EnergyLtd

SZSE:000723

CN¥19.1b

Shanxi Taigang Stainless Steel

SZSE:000825

CN¥19.0b

Price History & Performance

Summary of share price highs, lows and changes for Angang Steel
Historical stock prices
Current Share PriceHK$2.29
52 Week HighHK$2.77
52 Week LowHK$1.76
Beta1.43
1 Month Change-13.58%
3 Month Change-3.78%
1 Year Change-6.15%
3 Year Change-42.61%
5 Year Change-29.75%
Change since IPO79.34%

Recent News & Updates

Recent updates

Shareholder Returns

000898CN Metals and MiningCN Market
7D-4.6%0.3%-4.0%
1Y-6.1%3.5%6.4%

Return vs Industry: 000898 underperformed the CN Metals and Mining industry which returned 3.5% over the past year.

Return vs Market: 000898 underperformed the CN Market which returned 6.4% over the past year.

Price Volatility

Is 000898's price volatile compared to industry and market?
000898 volatility
000898 Average Weekly Movement5.5%
Metals and Mining Industry Average Movement6.9%
Market Average Movement8.2%
10% most volatile stocks in CN Market12.1%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 000898 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 000898's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199725,823Hongjun Zhangwww.ansteel.com.cn

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People’s Republic of China and internationally. Its principal products include hot rolled sheets, medium and high sheets, cold rolled sheets, galvanized steel sheets, color coating sheets, cold rolled silicon steel, heavy rails and profiles, seamless steel pipes, and wire rods. The company also engages in ferrous metal smelting and steel rolling processing activities.

Angang Steel Company Limited Fundamentals Summary

How do Angang Steel's earnings and revenue compare to its market cap?
000898 fundamental statistics
Market capCN¥20.13b
Earnings (TTM)-CN¥6.23b
Revenue (TTM)CN¥106.82b

0.1x

P/S Ratio

-2.0x

P/E Ratio

Is 000898 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
000898 income statement (TTM)
RevenueCN¥106.82b
Cost of RevenueCN¥110.15b
Gross Profit-CN¥3.33b
Other ExpensesCN¥2.90b
Earnings-CN¥6.23b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 31, 2025

Earnings per share (EPS)-0.66
Gross Margin-3.12%
Net Profit Margin-5.83%
Debt/Equity Ratio17.1%

How did 000898 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 23:53
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Angang Steel Company Limited is covered by 58 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ephrem RaviBarclays
James ClarkeBNP Paribas Securities (Asia)
Michelle W.C. LeungBOCI Research Ltd.