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Maanshan Iron & Steel XSSC:600808 Stock Report

Last Price

CN¥2.97

Market Cap

CN¥20.1b

7D

-5.7%

1Y

5.3%

Updated

02 Jan, 2025

Data

Company Financials +

Maanshan Iron & Steel Company Limited

XSSC:600808 Stock Report

Market Cap: CN¥20.1b

600808 Stock Overview

Manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. More details

600808 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Rewards

Earnings are forecast to grow 112.18% per year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow


My Notes

Capture your thoughts, links and company narrative

Maanshan Iron & Steel Company Limited Competitors

HBIS

SZSE:000709

CN¥22.2b

Shanxi Meijin EnergyLtd

SZSE:000723

CN¥18.8b

Beijing Shougang

SZSE:000959

CN¥23.3b

Shanxi Taigang Stainless Steel

SZSE:000825

CN¥19.3b

Price History & Performance

Summary of share price highs, lows and changes for Maanshan Iron & Steel
Historical stock prices
Current Share PriceHK$2.97
52 Week HighHK$3.36
52 Week LowHK$1.76
Beta1.11
1 Month Change12.08%
3 Month Change24.79%
1 Year Change5.32%
3 Year Change-23.06%
5 Year Change-2.94%
Change since IPO4.95%

Recent News & Updates

Recent updates

Shareholder Returns

600808CN Metals and MiningCN Market
7D-5.7%-3.5%-4.8%
1Y5.3%-0.7%5.0%

Return vs Industry: 600808 exceeded the CN Metals and Mining industry which returned 0.2% over the past year.

Return vs Market: 600808 underperformed the CN Market which returned 7% over the past year.

Price Volatility

Is 600808's price volatile compared to industry and market?
600808 volatility
600808 Average Weekly Movement7.8%
Metals and Mining Industry Average Movement6.8%
Market Average Movement8.1%
10% most volatile stocks in CN Market12.2%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 600808 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600808's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195317,661Wenyang Zhangwww.magang.com.hk

Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. The company offers steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products, such as H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and train wheels and wheel rims. It also engages in the production and distribution of ferrous metallurgy, screw threaded steels, round and section steels, angle and deformed steels, wires, and rods; sale, import, and export of iron ore, iron ore fines, and scrap steel; metallurgy and extended processing of iron and steel products.

Maanshan Iron & Steel Company Limited Fundamentals Summary

How do Maanshan Iron & Steel's earnings and revenue compare to its market cap?
600808 fundamental statistics
Market capCN¥20.10b
Earnings (TTM)-CN¥2.26b
Revenue (TTM)CN¥86.53b

0.1x

P/S Ratio

-4.5x

P/E Ratio

Is 600808 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600808 income statement (TTM)
RevenueCN¥86.53b
Cost of RevenueCN¥87.03b
Gross Profit-CN¥499.89m
Other ExpensesCN¥1.76b
Earnings-CN¥2.26b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 29, 2025

Earnings per share (EPS)-0.29
Gross Margin-0.58%
Net Profit Margin-2.62%
Debt/Equity Ratio72.8%

How did 600808 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 16:39
End of Day Share Price 2025/01/02 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

Maanshan Iron & Steel Company Limited is covered by 61 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.