600019 Stock Overview
Baoshan Iron & Steel Co., Ltd., together with its subsidiaries, manufactures and sells iron and steel products for automobile, home appliances, petrochemical, machinery manufacturing, energy, transportation, and other industries in China and internationally.
Baoshan Iron & Steel Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥5.37|
|52 Week High||CN¥12.07|
|52 Week Low||CN¥5.13|
|1 Month Change||-6.45%|
|3 Month Change||-15.83%|
|1 Year Change||-35.30%|
|3 Year Change||-9.29%|
|5 Year Change||-34.67%|
|Change since IPO||13.77%|
Recent News & Updates
|600019||CN Metals and Mining||CN Market|
Return vs Industry: 600019 underperformed the CN Metals and Mining industry which returned -7.8% over the past year.
Return vs Market: 600019 underperformed the CN Market which returned -9.7% over the past year.
|600019 Average Weekly Movement||3.5%|
|Metals and Mining Industry Average Movement||6.4%|
|Market Average Movement||6.0%|
|10% most volatile stocks in CN Market||9.1%|
|10% least volatile stocks in CN Market||3.9%|
Stable Share Price: 600019 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 600019's weekly volatility (3%) has been stable over the past year.
About the Company
Baoshan Iron & Steel Co., Ltd., together with its subsidiaries, manufactures and sells iron and steel products for automobile, home appliances, petrochemical, machinery manufacturing, energy, transportation, and other industries in China and internationally. It operates in three segments: Iron and Steel Manufacturing, Processing and Distribution, and Others. The company offers hot-rolled (HR) steel products, including HR wear resistant steel, clad-rolled flat steel, and HR protection steel; HR pickled automotive steel sheets; CR automotive steel sheets, hot-dip galvanized steel for HVAC ductwork, tin plates and tin free steel, grain oriented electrical steel, pre-painted steel sheets, and others; heavy plates; pipes and tubes; and bar and wire rods.
Baoshan Iron & Steel Fundamentals Summary
|600019 fundamental statistics|
Is 600019 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|600019 income statement (TTM)|
|Cost of Revenue||CN¥323.22b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.99|
|Net Profit Margin||5.95%|
How did 600019 perform over the long term?See historical performance and comparison
9.3%Current Dividend Yield
Is 600019 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 600019?
Other financial metrics that can be useful for relative valuation.
|What is 600019's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 600019's PE Ratio compare to its peers?
|600019 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
000708 Citic Pacific Special Steel Group
600010 Inner Mongolia Baotou Steel Union
000723 Shanxi Meijin EnergyLtd
002756 Yongxing Special Materials TechnologyLtd
600019 Baoshan Iron & Steel
Price-To-Earnings vs Peers: 600019 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the peer average (23.6x).
Price to Earnings Ratio vs Industry
How does 600019's PE Ratio compare vs other companies in the CN Metals and Mining Industry?
Price-To-Earnings vs Industry: 600019 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the CN Metals and Mining industry average (31.4x)
Price to Earnings Ratio vs Fair Ratio
What is 600019's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||5.4x|
|Fair PE Ratio||20.6x|
Price-To-Earnings vs Fair Ratio: 600019 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the estimated Fair Price-To-Earnings Ratio (20.6x).
Share Price vs Fair Value
What is the Fair Price of 600019 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 600019 (CN¥5.37) is trading below our estimate of fair value (CN¥25.82)
Significantly Below Fair Value: 600019 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Baoshan Iron & Steel forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600019's forecast earnings growth (11.8% per year) is above the savings rate (3.2%).
Earnings vs Market: 600019's earnings (11.8% per year) are forecast to grow slower than the CN market (24.6% per year).
High Growth Earnings: 600019's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600019's revenue (0.4% per year) is forecast to grow slower than the CN market (17.8% per year).
High Growth Revenue: 600019's revenue (0.4% 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 (11%).
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How has Baoshan Iron & Steel performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600019 has high quality earnings.
Growing Profit Margin: 600019's current net profit margins (6%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: 600019's earnings have grown by 4.8% per year over the past 5 years.
Accelerating Growth: 600019's earnings growth over the past year (33.4%) exceeds its 5-year average (4.8% per year).
Earnings vs Industry: 600019 earnings growth over the past year (33.4%) exceeded the Metals and Mining industry 17.7%.
Return on Equity
High ROE: 600019's Return on Equity (11.5%) is considered low.
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How is Baoshan Iron & Steel's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 600019's short term assets (CN¥167.8B) exceed its short term liabilities (CN¥146.2B).
Long Term Liabilities: 600019's short term assets (CN¥167.8B) exceed its long term liabilities (CN¥34.3B).
Debt to Equity History and Analysis
Debt Level: 600019's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: 600019's debt to equity ratio has reduced from 60.3% to 18% over the past 5 years.
Debt Coverage: 600019's debt is well covered by operating cash flow (141.2%).
Interest Coverage: 600019 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Baoshan Iron & Steel current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600019's dividend (9.31%) is higher than the bottom 25% of dividend payers in the CN market (0.45%).
High Dividend: 600019's dividend (9.31%) is in the top 25% of dividend payers in the CN market (1.88%)
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.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.8%), 600019's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36%), 600019's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Genghong Sheng (58 yo)
Mr. Genghong Sheng has been General Manager of Baoshan Iron & Steel Co., Ltd. since January 24, 2021 and served as its Deputy General Manager since June 1, 2016 until January 24, 2021. Mr. Sheng serves as...
Experienced Management: 600019's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: 600019's board of directors are considered experienced (3.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Baoshan Iron & Steel Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Baoshan Iron & Steel Co., Ltd.
- Ticker: 600019
- Exchange: XSSC
- Founded: 2000
- Industry: Steel
- Sector: Materials
- Implied Market Cap: CN¥119.581b
- Shares outstanding: 22.27b
- Website: https://www.baosteel.com
Number of Employees
- Baoshan Iron & Steel Co., Ltd.
- Baosteel Administration Center
- No. 885 Fujin Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/16 00:00|
|End of Day Share Price||2022/08/15 00:00|
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.