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Angang Steel

DB:GNV
Snowflake Description

Very undervalued with excellent balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GNV
DB
HK$40B
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People’s Republic of China. The last earnings update was 25 days ago. More info.


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  • Angang Steel has significant price volatility in the past 3 months.
GNV Share Price and Events
7 Day Returns
-1.9%
DB:GNV
-6.6%
DE Metals and Mining
-3.2%
DE Market
1 Year Returns
-37.6%
DB:GNV
-45%
DE Metals and Mining
-11.6%
DE Market
GNV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Angang Steel (GNV) -1.9% -15.3% -19.8% -37.6% 46.6% 33.2%
DE Metals and Mining -6.6% -10.8% -10.4% -45% -30.6% -36.7%
DE Market -3.2% -5.1% 0.3% -11.6% 5.3% 5.9%
1 Year Return vs Industry and Market
  • GNV outperformed the Metals and Mining industry which returned -45% over the past year.
  • GNV underperformed the Market in Germany which returned -11.6% over the past year.
Price Volatility
GNV
Industry
5yr Volatility vs Market

GNV Value

 Is Angang Steel undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Angang Steel to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Angang Steel.

DB:GNV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 19 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:GNV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.02
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.019 (1 + (1- 25%) (55.36%))
1.296
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.3
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.296 * 5.96%)
7.95%

Discounted Cash Flow Calculation for DB:GNV using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Angang Steel is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:GNV DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 7.95%)
2019 5,779.50 Analyst x4 5,353.77
2020 6,371.25 Analyst x4 5,467.19
2021 5,539.00 Analyst x2 4,402.91
2022 5,084.43 Est @ -8.21% 3,743.87
2023 4,795.82 Est @ -5.68% 3,271.23
2024 4,608.54 Est @ -3.91% 2,911.93
2025 4,485.72 Est @ -2.67% 2,625.54
2026 4,405.10 Est @ -1.8% 2,388.43
2027 4,352.70 Est @ -1.19% 2,186.17
2028 4,319.43 Est @ -0.76% 2,009.66
Present value of next 10 years cash flows CN¥34,360.71
DB:GNV DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CN¥4,319.43 × (1 + 0.23%) ÷ (7.95% – 0.23%)
CN¥56,050.20
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥56,050.20 ÷ (1 + 7.95%)10
CN¥26,077.94
DB:GNV Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥34,360.71 + CN¥26,077.94
CN¥60,438.65
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥60,438.65 / 7,234.81
CN¥76.18
DB:GNV Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:347)
1.138
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥8.35 x 1.138
HK$9.5
Non-primary Listing Adjustment Factor 1 share in DB:GNV represents 0.10966x of SEHK:347
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.10966x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 9.50 x 0.10966
€1.04
Value per share (EUR) From above. €1.04
Current discount Discount to share price of €0.52
= -1 x (€0.52 - €1.04) / €1.04
49.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Angang Steel is available for.
Intrinsic value
50%
Share price is €0.52 vs Future cash flow value of €1.04
Current Discount Checks
For Angang Steel to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Angang Steel's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Angang Steel's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Angang Steel's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Angang Steel's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:GNV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CNY CN¥0.89
SEHK:347 Share Price ** SEHK (2019-05-24) in HKD HK$4.76
SEHK:347 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥4.18
Europe Metals and Mining Industry PE Ratio Median Figure of 106 Publicly-Listed Metals and Mining Companies 8.81x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 20.22x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Angang Steel.

DB:GNV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:347 Share Price ÷ EPS (both in CNY)

= 4.18 ÷ 0.89

4.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Angang Steel is good value based on earnings compared to the Europe Metals and Mining industry average.
  • Angang Steel is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Angang Steel's expected growth come at a high price?
Raw Data
DB:GNV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts
9.6%per year
Europe Metals and Mining Industry PEG Ratio Median Figure of 64 Publicly-Listed Metals and Mining Companies 0.64x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

DB:GNV PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 4.68x ÷ 9.6%

0.49x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Angang Steel is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Angang Steel's assets?
Raw Data
DB:GNV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CNY CN¥7.24
SEHK:347 Share Price * SEHK (2019-05-24) in HKD HK$4.76
SEHK:347 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥4.18
Germany Metals and Mining Industry PB Ratio Median Figure of 7 Publicly-Listed Metals and Mining Companies 2.86x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:GNV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:347 Share Price ÷ Book Value per Share (both in CNY)

= 4.18 ÷ 7.24

0.58x

* Primary Listing of Angang Steel.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Angang Steel is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess Angang Steel's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Angang Steel has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

GNV Future Performance

 How is Angang Steel expected to perform in the next 1 to 3 years based on estimates from 19 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Angang Steel expected to grow at an attractive rate?
  • Angang Steel's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Angang Steel's earnings growth is positive but not above the Germany market average.
  • Angang Steel's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:GNV Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:GNV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts 9.6%
DB:GNV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 19 Analysts -2.3%
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 42.2%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:GNV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:GNV Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 98,923 8,269 5,292 11
2020-12-31 97,159 8,874 5,055 19
2019-12-31 103,623 10,248 3,753 9
DB:GNV Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-03-31 106,089 10,882 6,457
2018-12-31 105,157 8,294 7,952
2018-09-30 105,766 10,889 10,022
2018-06-30 102,059 7,853 9,323
2018-03-31 95,843 5,462 7,481
2018-01-01 91,683 6,478 6,638
2017-09-30 82,591 4,418 4,432
2017-06-30 74,956 3,521 3,393
2017-03-31 65,979 6,171 3,300
2016-12-31 57,882 4,349 1,616
2016-09-30 52,235 3,363 -2,728
2016-06-30 49,197 4,885 -4,448

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Angang Steel's earnings are expected to grow by 9.6% yearly, however this is not considered high growth (20% yearly).
  • Angang Steel's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:GNV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below

All data from Angang Steel Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GNV Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.74 0.90 0.54 7.00
2020-12-31 0.65 0.86 0.51 12.00
2019-12-31 0.49 0.56 0.41 8.00
DB:GNV Past Financials Data
Date (Data in CNY Millions) EPS *
2019-03-31 0.89
2018-12-31 1.10
2018-09-30 1.38
2018-06-30 1.29
2018-03-31 1.03
2018-01-01 0.92
2017-09-30 0.61
2017-06-30 0.47
2017-03-31 0.46
2016-12-31 0.22
2016-09-30 -0.38
2016-06-30 -0.62

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Angang Steel is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Angang Steel's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Angang Steel has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

GNV Past Performance

  How has Angang Steel performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Angang Steel's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Angang Steel has delivered over 20% year on year earnings growth in the past 5 years.
  • Angang Steel's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Angang Steel's 1-year earnings growth is negative, it can't be compared to the Europe Metals and Mining industry average.
Earnings and Revenue History
Angang Steel's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Angang Steel Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GNV Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 106,089.00 6,457.00 4,268.00 493.00
2018-12-31 105,157.00 7,952.00 4,234.00 483.00
2018-09-30 105,766.00 10,022.00 4,401.00 552.00
2018-06-30 102,059.00 9,323.00 4,301.00 475.00
2018-03-31 95,843.00 7,481.00 4,160.00 401.00
2018-01-01 91,683.00 6,638.00 4,138.00 326.00
2017-09-30 82,591.00 4,432.00 3,293.00 114.00
2017-06-30 74,956.00 3,393.00 3,490.00 71.00
2017-03-31 65,979.00 3,300.00 3,133.00
2016-12-31 57,882.00 1,616.00 3,016.00
2016-09-30 52,235.00 -2,728.00 3,100.00
2016-06-30 49,197.00 -4,448.00 3,217.00
2016-03-31 49,072.00 -5,227.00 3,390.00
2015-12-31 52,759.00 -4,593.00 3,614.00
2015-09-30 58,423.00 -883.00 3,699.00
2015-06-30 64,861.00 506.00 3,757.00
2015-03-31 70,608.00 661.00 3,729.00
2014-12-31 74,046.00 928.00 3,542.00
2014-09-30 76,355.00 928.00 2,162.00
2014-06-30 76,584.00 645.00 3,170.00
2014-03-31 74,560.00 516.00 2,669.00
2013-12-31 75,329.00 770.00 3,067.00
2013-09-30 75,998.00 -90.00 3,222.00
2013-06-30 75,758.00 -1,347.00 2,920.00
2013-03-31 78,492.00 -1,597.00 2,895.00
2012-12-31 78,214.00 -4,025.00 2,676.00
2012-09-30 79,083.00 -5,555.00 2,686.00
2012-06-30 83,467.00 -4,342.00 2,758.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Angang Steel has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Angang Steel used its assets more efficiently than the Europe Metals and Mining industry average last year based on Return on Assets.
  • Angang Steel has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Angang Steel's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Angang Steel has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

GNV Health

 How is Angang Steel's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Angang Steel's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Angang Steel's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Angang Steel's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Angang Steel's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Angang Steel Company Filings, last reported 1 month ago.

DB:GNV Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 52,905.00 19,570.00 3,062.00
2018-12-31 52,465.00 19,778.00 2,154.00
2018-09-30 51,304.00 19,235.00 2,342.00
2018-06-30 52,082.00 23,869.00 4,035.00
2018-03-31 51,983.00 22,550.00 2,265.00
2018-01-01 52,580.00 22,694.00 2,670.00
2017-09-30 48,128.00 23,118.00 1,915.00
2017-06-30 46,649.00 25,530.00 2,123.00
2017-03-31 46,376.00 25,212.00 2,196.00
2016-12-31 45,288.00 24,396.00 1,989.00
2016-09-30 44,649.00 26,107.00 3,017.00
2016-06-30 43,984.00 26,833.00 2,434.00
2016-03-31 43,067.00 29,342.00 2,451.00
2015-12-31 43,681.00 28,868.00 3,623.00
2015-09-30 47,384.00 33,834.00 9,603.00
2015-06-30 48,433.00 28,843.00 2,194.00
2015-03-31 48,633.00 27,145.00 1,745.00
2014-12-31 48,196.00 27,727.00 1,718.00
2014-09-30 48,201.00 27,597.00 3,629.00
2014-06-30 47,491.00 24,561.00 1,214.00
2014-03-31 47,382.00 24,668.00 2,511.00
2013-12-31 47,090.00 23,527.00 1,132.00
2013-09-30 47,132.00 21,181.00 951.00
2013-06-30 47,070.00 21,974.00 1,893.00
2013-03-31 46,900.00 20,435.00 1,622.00
2012-12-31 49,033.00 36,995.00 3,123.00
2012-09-30 49,292.00 35,977.00 1,937.00
2012-06-30 50,546.00 35,048.00 2,596.00
  • Angang Steel's level of debt (37%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (52.1% vs 37% today).
  • Debt is well covered by operating cash flow (55.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.7x coverage).
X
Financial health checks
We assess Angang Steel's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Angang Steel has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

GNV Dividends

 What is Angang Steel's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.26%
Current annual income from Angang Steel dividends. Estimated to be 3.86% next year.
If you bought €2,000 of Angang Steel shares you are expected to receive €105 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Angang Steel's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.45%).
  • Angang Steel's dividend is above the markets top 25% of dividend payers in Germany (3.93%).
Upcoming dividend payment

Purchase Angang Steel before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:GNV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:GNV Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.17 5.00
2020-12-31 0.17 13.00
2019-12-31 0.15 10.00
DB:GNV Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-03-19 0.220 4.672
2018-06-05 0.232 4.064
2017-06-08 0.067 1.126
2016-10-26 0.000 0.000
2016-08-29 0.000 0.000
2016-04-29 0.000 0.000
2016-03-31 0.000 0.000
2016-03-30 0.000 0.000
2015-06-04 0.045 1.518
2014-03-28 0.027 0.616
2012-10-24 0.000 0.000
2012-10-15 0.000 0.000
2012-09-10 0.000 0.000
2012-08-27 0.000 0.000
2012-04-25 0.000 0.000
2012-04-12 0.000 0.000
2012-03-28 0.000 0.000
2011-03-30 0.150 2.936
2010-04-29 0.060 0.613
2010-04-20 0.060 0.539

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Angang Steel has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Angang Steel only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Angang Steel's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.6x coverage).
X
Income/ dividend checks
We assess Angang Steel's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Angang Steel afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Angang Steel has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

GNV Management

 What is the CEO of Angang Steel's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Angang Steel has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the Angang Steel management team in years:

2.4
Average Tenure
48
Average Age
  • The tenure for the Angang Steel management team is about average.
Management Team

Yidong Wang

TITLE
Executive Chairman
AGE
50

Lianyong Ma

TITLE
Deputy GM
COMPENSATION
CN¥890K
AGE
56
TENURE
17.2 yrs

Shishuai Xu

TITLE
VP & Deputy GM
COMPENSATION
CN¥2M
AGE
44
TENURE
3.2 yrs

Jingsong Meng

TITLE
VP & Deputy GM
COMPENSATION
CN¥2M
AGE
48
TENURE
3.2 yrs

Zhen Li

TITLE
Deputy GM & Executive Director
COMPENSATION
CN¥1M
AGE
48
TENURE
1.3 yrs

Junyong Xie

TITLE
Deputy GM & Executive Director
COMPENSATION
CN¥910K
AGE
53
TENURE
1.2 yrs

Chun Chen

TITLE
Joint Company Secretary
AGE
30
TENURE
1.6 yrs

Wu Guo

TITLE
Controller
Board of Directors Tenure

Average tenure and age of the Angang Steel board of directors in years:

1.3
Average Tenure
51.5
Average Age
  • The average tenure for the Angang Steel board of directors is less than 3 years, this suggests a new board.
Board of Directors

Lianyong Ma

TITLE
Deputy GM
COMPENSATION
CN¥890K
AGE
56
TENURE
1.2 yrs

Zhen Li

TITLE
Deputy GM & Executive Director
COMPENSATION
CN¥1M
AGE
48
TENURE
1.2 yrs

Junyong Xie

TITLE
Deputy GM & Executive Director
COMPENSATION
CN¥910K
AGE
53
TENURE
1.3 yrs

Daqing Lin

TITLE
Chairman of Supervisory Committee
COMPENSATION
CN¥60K
AGE
53
TENURE
3.8 yrs

Yidong Wang

TITLE
Executive Chairman
AGE
50
TENURE
1.5 yrs

Dajun Wu

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥120K
AGE
61

Weiguo Ma

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥120K
AGE
48

Changli Feng

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥70K
AGE
55
TENURE
0.9 yrs

Xiaohui Liu

TITLE
Supervisor
AGE
49

Peng Yuan

TITLE
Supervisor
AGE
50
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
04. Mar 19 Buy RWC Partners Limited Company 28. Feb 19 28. Feb 19 2,826,000 €0.65 €1,846,187
26. Mar 19 Sell RWC Partners Limited Company 25. Mar 19 25. Mar 19 -6,024,000 €0.66 €-3,986,623
18. Apr 19 Sell RWC Partners Limited Company 16. Apr 19 16. Apr 19 -2,198,000 €0.65 €-1,422,198
03. May 19 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 30. Apr 19 30. Apr 19 262,000 €0.59 €155,517
03. May 19 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 30. Apr 19 30. Apr 19 -2,009,308 €0.59 €-1,192,680
03. May 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 30. Apr 19 30. Apr 19 92,313 €0.59 €54,795
03. May 19 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 30. Apr 19 30. Apr 19 -4,041,931 €0.59 €-2,399,200
03. May 19 Buy J.P. Morgan Asset Management, Inc. Company 30. Apr 19 30. Apr 19 6,000 €0.59 €3,561
03. May 19 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 29. Apr 19 29. Apr 19 3,348,591 €0.60 €2,010,304
17. Apr 19 Buy Citigroup Inc.,Banking and Securities Investments Company 12. Apr 19 12. Apr 19 1,314,090 €11.07 €14,547,639
28. Mar 19 Buy J.P. Morgan Asset Management, Inc. Company 20. Mar 19 20. Mar 19 4,047,026 €0.70 €2,842,302
25. Mar 19 Sell UBS Asset Management Company 20. Mar 19 20. Mar 19 -4,620,000 €0.71 €-3,257,671
25. Mar 19 Sell Highbridge Capital Management, LLC Company 20. Mar 19 20. Mar 19 -2,128,944 €0.70 €-1,484,737
21. Mar 19 Buy J.P. Morgan Asset Management, Inc. Company 18. Mar 19 18. Mar 19 4,047,026 €0.70 €2,847,146
18. Mar 19 Sell Highbridge Capital Management, LLC Company 13. Mar 19 13. Mar 19 -2,286,874 €0.70 €-1,604,957
20. Feb 19 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 15. Feb 19 15. Feb 19 23,253 €0.65 €15,042
20. Feb 19 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 15. Feb 19 15. Feb 19 -5,232,813 €0.65 €-3,384,985
20. Feb 19 Sell Highbridge Capital Management, LLC Company 15. Feb 19 15. Feb 19 -154,000 €0.65 €-99,619
20. Feb 19 Buy J.P. Morgan Asset Management, Inc. Company 15. Feb 19 15. Feb 19 4,000 €0.65 €2,588
18. Feb 19 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 13. Feb 19 13. Feb 19 8,605,780 €0.65 €5,574,982
15. Feb 19 Buy BlackRock, Inc. Company 13. Feb 19 13. Feb 19 3,066,000 €0.65 €1,994,896
22. Jan 19 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 17. Jan 19 17. Jan 19 -826,364 €0.63 €-517,575
22. Jan 19 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 17. Jan 19 17. Jan 19 44,200 €0.63 €27,684
22. Jan 19 Buy J.P. Morgan Asset Management, Inc. Company 17. Jan 19 17. Jan 19 4,000 €0.63 €2,505
18. Jan 19 Buy BlackRock, Inc. Company 15. Jan 19 15. Jan 19 3,412,000 €0.62 €2,107,205
15. Jan 19 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 10. Jan 19 10. Jan 19 8,682,511 €0.60 €5,215,323
11. Jan 19 Sell J.P. Morgan Asset Management, Inc. Company 08. Jan 19 08. Jan 19 -3,461,629 €0.60 €-2,061,851
08. Jan 19 Buy Highbridge Capital Management, LLC Company 03. Jan 19 03. Jan 19 3,905,796 €0.58 €2,268,663
26. Dec 18 Sell J.P. Morgan Asset Management, Inc. Company 21. Dec 18 21. Dec 18 -4,079,913 €0.61 €-2,482,058
21. Dec 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 19. Dec 18 19. Dec 18 172,000 €0.62 €105,966
21. Dec 18 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 19. Dec 18 19. Dec 18 -1,166,000 €0.62 €-718,353
21. Dec 18 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 19. Dec 18 19. Dec 18 1,212,000 €0.62 €746,693
21. Dec 18 Buy Highbridge Capital Management, LLC Company 19. Dec 18 19. Dec 18 757,593 €0.62 €466,740
21. Dec 18 Sell Highbridge Capital Management, LLC Company 18. Dec 18 18. Dec 18 -1,317,012 €0.64 €-844,768
14. Dec 18 Sell RWC Partners Limited Company 13. Dec 18 13. Dec 18 -4,314,000 €0.66 €-2,858,543
10. Dec 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 05. Dec 18 05. Dec 18 -8,104,174 €0.73 €-5,906,786
10. Dec 18 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 05. Dec 18 05. Dec 18 -3,179,071 €0.73 €-2,317,089
10. Dec 18 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 05. Dec 18 05. Dec 18 2,800,000 €0.73 €2,040,800
10. Dec 18 Buy Highbridge Capital Management, LLC Company 05. Dec 18 05. Dec 18 5,450,174 €0.73 €3,972,399
07. Dec 18 Sell Goldman Sachs Group, Investment Banking and Securities Investments Company 04. Dec 18 04. Dec 18 -1,368,000 €0.74 €-1,017,076
04. Dec 18 Sell UBS Asset Management Company 20. Nov 18 20. Nov 18 -1,000,000 €0.73 €-729,923
04. Dec 18 Sell UBS Asset Management Company 15. Oct 18 15. Oct 18 -7,750,000 €0.70 €-5,424,298
05. Dec 18 Buy BlackRock, Inc. Company 30. Nov 18 30. Nov 18 1,178,000 €0.72 €846,993
04. Dec 18 Sell BlackRock, Inc. Company 29. Nov 18 29. Nov 18 -1,352,518 €0.69 €-929,323
28. Nov 18 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 23. Nov 18 23. Nov 18 -7,454,467 €0.71 €-5,314,572
20. Nov 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 15. Nov 18 15. Nov 18 -4,633,013 €0.75 €-3,479,693
13. Nov 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 08. Nov 18 08. Nov 18 5,244,579 €0.76 €3,986,004
13. Nov 18 Buy J.P. Morgan Asset Management, Inc. Company 08. Nov 18 08. Nov 18 2,000 €0.76 €1,520
12. Nov 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 07. Nov 18 07. Nov 18 7,568,633 €0.75 €5,686,591
09. Nov 18 Sell UBS Asset Management Company 06. Nov 18 06. Nov 18 -1,658,000 €0.77 €-1,277,924
07. Nov 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 02. Nov 18 02. Nov 18 -10,681,700 €0.77 €-8,181,346
26. Oct 18 Buy Goldman Sachs Group, Investment Banking and Securities Investments Company 23. Oct 18 23. Oct 18 1,246,000 €0.73 €914,958
19. Oct 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 15. Oct 18 15. Oct 18 -2,979,997 €0.74 €-2,203,779
15. Oct 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 10. Oct 18 10. Oct 18 -16,032,653 €0.72 €-11,502,644
08. Oct 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 03. Oct 18 03. Oct 18 5,910,181 €0.75 €4,425,859
08. Oct 18 Buy Highbridge Capital Management, LLC Company 03. Oct 18 03. Oct 18 34,000 €0.75 €25,461
11. Oct 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 08. Oct 18 08. Oct 18 16,722,061 €0.72 €12,043,268
05. Oct 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 02. Oct 18 02. Oct 18 -5,174,659 €0.75 €-3,855,873
05. Oct 18 Sell UBS Asset Management Company 02. Oct 18 02. Oct 18 -5,150,000 €0.80 €-4,125,828
05. Oct 18 Buy J.P. Morgan Asset Management, Inc. Company 02. Oct 18 02. Oct 18 538,000 €0.75 €400,888
05. Oct 18 Sell Invesco Ltd. Company 03. Oct 18 03. Oct 18 -6,204,000 €0.75 €-4,632,080
01. Oct 18 Sell RWC Partners Limited Company 28. Sep 18 28. Sep 18 -5,178,000 €0.77 €-3,981,147
27. Sep 18 Sell RWC Partners Limited Company 26. Sep 18 26. Sep 18 -5,086,000 €0.79 €-4,040,226
25. Sep 18 Sell RWC Partners Limited Company 21. Sep 18 21. Sep 18 -1,627,663 €0.80 €-1,309,745
22. Sep 18 Sell RWC Partners Limited Company 20. Sep 18 20. Sep 18 -3,000,000 €0.80 €-2,396,183
19. Sep 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 14. Sep 18 14. Sep 18 -8,391,008 €0.75 €-6,314,428
14. Sep 18 Sell Invesco Ltd. Company 11. Sep 18 11. Sep 18 -2,050,000 €0.73 €-1,493,096
10. Sep 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 05. Sep 18 05. Sep 18 6,173,397 €0.82 €5,056,347
11. Sep 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 06. Sep 18 06. Sep 18 -2,749,725 €0.81 €-2,238,324
04. Sep 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 30. Aug 18 30. Aug 18 -8,510,480 €0.85 €-7,234,743
03. Sep 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 29. Aug 18 29. Aug 18 13,046,298 €0.84 €10,965,515
31. Aug 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 28. Aug 18 28. Aug 18 1,364,467 €0.84 €1,148,661
31. Aug 18 Buy BlackRock, Inc. Company 28. Aug 18 28. Aug 18 160,000 €0.84 €133,892
29. Aug 18 Sell Invesco Ltd. Company 27. Aug 18 27. Aug 18 -2,454,000 €0.81 €-1,999,371
23. Aug 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 20. Aug 18 20. Aug 18 2,608,052 €0.84 €2,201,106
27. Aug 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 22. Aug 18 22. Aug 18 -1,467,940 €0.85 €-1,247,187
16. Aug 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 13. Aug 18 13. Aug 18 -7,056,603 €0.85 €-5,986,933
14. Aug 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 09. Aug 18 09. Aug 18 5,169,029 €0.88 €4,553,687
14. Aug 18 Sell Highbridge Capital Management, LLC Company 09. Aug 18 09. Aug 18 -4,000 €0.88 €-3,524
14. Aug 18 Sell J.P. Morgan Asset Management, Inc. Company 09. Aug 18 09. Aug 18 -2,000 €0.88 €-1,762
03. Aug 18 Buy RWC Partners Limited Company 29. Jun 18 29. Jun 18 3,146,000 €0.77 €2,422,773
07. Aug 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 02. Aug 18 02. Aug 18 -2,340,804 €0.85 €-1,980,414
07. Aug 18 Sell Invesco Ltd. Company 02. Aug 18 02. Aug 18 -4,548,000 €0.85 €-3,850,982
06. Aug 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 01. Aug 18 01. Aug 18 16,857,683 €0.87 €14,708,974
02. Aug 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 30. Jul 18 30. Jul 18 4,865,787 €0.89 €4,327,565
02. Aug 18 Sell Highbridge Capital Management, LLC Company 30. Jul 18 30. Jul 18 -198,000 €0.89 €-176,099
30. Jul 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 25. Jul 18 25. Jul 18 9,023,618 €0.88 €7,961,390
01. Aug 18 Buy JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 27. Jul 18 27. Jul 18 826,000 €0.89 €737,286
01. Aug 18 Buy RWC Partners Limited Company 31. Jul 18 31. Jul 18 3,970,000 €0.90 €3,583,053
01. Aug 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 27. Jul 18 27. Jul 18 -4,930,052 €0.89 €-4,400,556
01. Aug 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 27. Jul 18 27. Jul 18 1,956,522 €0.89 €1,746,388
01. Aug 18 Sell JPMorgan Chase & Co, Private Banking and Investment Banking Investments Company 27. Jul 18 27. Jul 18 -826,000 €0.89 €-737,286
01. Aug 18 Buy Highbridge Capital Management, LLC Company 27. Jul 18 27. Jul 18 198,000 €0.89 €176,734
31. Jul 18 Buy JPMorgan Chase & Co, Brokerage and Securities Investments Company 26. Jul 18 26. Jul 18 2,656,855 €0.87 €2,313,041
27. Jul 18 Sell JPMorgan Chase & Co, Brokerage and Securities Investments Company 24. Jul 18 24. Jul 18 -1,170,266 €0.87 €-1,014,002
05. Jul 18 Sell UBS Asset Management Company 29. Jun 18 29. Jun 18 -2,824,000 €0.78 €-2,215,145
05. Jun 18 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 31. May 18 31. May 18 5,603,515 €0.85 €4,744,780
07. Jun 18 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 04. Jun 18 04. Jun 18 -28,146,182 €0.85 €-23,910,385
07. Jun 18 Sell UBS Asset Management Company 04. Jun 18 04. Jun 18 -9,597,315 €0.85 €-8,115,836
05. Jun 18 Buy BlackRock, Inc. Company 31. May 18 31. May 18 33,118,615 €0.85 €28,165,608
01. Jun 18 Buy RWC Partners Limited Company 31. May 18 31. May 18 5,158,000 €0.85 €4,387,731
X
Management checks
We assess Angang Steel's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Angang Steel has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

GNV News

Simply Wall St News

GNV Company Info

Description

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People’s Republic of China. Its principal products include hot rolled sheets, cold rolled sheets, galvanized steel sheets, color coating plates, medium and thick plates, heavy sections, heavy rails, wire rods, seamless steel pipes, and cold rolled silicon steel products. The company also engages in ferrous metal smelting and steel pressing activities. In addition, it sells building materials, etc.; provides wholesale and retail purchasing services; develops metallurgy and related materials and equipment; and purchases and sells metal and other materials, as well as imports, exports, wholesales, and retails technology products. The company’s products are used in various industries, such as machinery, metallurgy, petroleum, chemical, coal, power, railway, shipbuilding, automobile, construction, home electrical appliances, and aviation. Angang Steel Company Limited also exports its products. The company was formerly known as Angang New Steel Company Limited and changed its name to Angang Steel Company Limited in June 2006. The company was founded in 1997 and is headquartered in Anshan, the People’s Republic of China. Angang Steel Company Limited operates as a subsidiary of Anshan Iron and Steel Group Co., Ltd.

Details
Name: Angang Steel Company Limited
GNV
Exchange: DB
Founded: 1997
HK$4,570,829,473
7,234,807,847
Website: http://www.ansteel.com.cn
Address: Angang Steel Company Limited
Angang factory,
Tie Xi District,
Anshan,
Liaoning Province, 114021,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 347 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 24. Jul 1997
OTCPK ANGG.F Foreign Shares-Foreign Listed Pink Sheets LLC US USD 24. Jul 1997
DB GNV Foreign Shares-Foreign Listed Deutsche Boerse AG DE EUR 24. Jul 1997
SZSC 347 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 24. Jul 1997
SZSE 000898 Domestic Shares Shenzhen Stock Exchange CN CNY 11. Nov 1997
XSEC 000898 Domestic Shares Shenzhen Stock Exchange - Shenzhen-Hong Kong Stock Connect CN CNY 11. Nov 1997
Number of employees
Current staff
Staff numbers
35,517
Angang Steel employees.
Industry
Steel
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 21:21
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/23
Last earnings filing: 2019/04/29
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.