How does 103's PE Ratio compare to its peers?

103 is expensive based on its Price-To-Earnings Ratio (13.4x) compared to the peer average (3.9x).

How does 103's PE Ratio compare vs other companies in the HK Metals and Mining Industry?

103 is expensive based on its Price-To-Earnings Ratio (13.4x) compared to the Hong Kong Metals and Mining industry average (9.5x).

What is 103'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.

Insufficient data to calculate 103's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 103 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

103 (HK$0.42) is trading above our estimate of [[fair value]] (HK$0.35)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

103 Stock Overview

An investment holding company, engages in the manufacture and sale of steel cords for use in radial tyres in the People’s Republic of China. More details

103 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	2/6

Rewards

Earnings grew by 51.6% over the past year

Risk Analysis

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Shougang Century Holdings Limited Competitors

China Hanking Holdings

SEHK:3788

HK$1.5b

Perennial Energy Holdings

SEHK:2798

HK$1.3b

Maike Tube Industry Holdings

SEHK:1553

HK$637.7m

Golik Holdings

SEHK:1118

HK$494.0m

Price History & Performance

Summary of share price highs, lows and changes for Shougang Century Holdings
Historical stock prices
Current Share Price	HK$0.42
52 Week High	HK$0.45
52 Week Low	HK$0.20
Beta	0.57
1 Month Change	12.00%
3 Month Change	33.33%
1 Year Change	81.03%
3 Year Change	18.31%
5 Year Change	108.96%
Change since IPO	-67.19%

Calculating The Intrinsic Value Of Shougang Century Holdings Limited (HKG:103)

Nov 19

Recent updates

Calculating The Intrinsic Value Of Shougang Century Holdings Limited (HKG:103)

Nov 19

There's Reason For Concern Over Shougang Century Holdings Limited's (HKG:103) Price

Aug 13

Calculating The Intrinsic Value Of Shougang Century Holdings Limited (HKG:103)

May 08

Shougang Century Holdings (HKG:103) Has A Pretty Healthy Balance Sheet

Nov 28

Shougang Century Holdings (HKG:103) Is Doing The Right Things To Multiply Its Share Price

Sep 12

Does Shougang Century Holdings (HKG:103) Have A Healthy Balance Sheet?

May 11

Returns On Capital At Shougang Century Holdings (HKG:103) Paint A Concerning Picture

Mar 08

Estimating The Intrinsic Value Of Shougang Century Holdings Limited (HKG:103)

Dec 20

Shougang Century Holdings' (HKG:103) Returns On Capital Not Reflecting Well On The Business

Nov 16

Is Shougang Century Holdings (HKG:103) A Risky Investment?

Apr 28

Shougang Century Holdings (HKG:103) Is Experiencing Growth In Returns On Capital

Feb 08

Is Shougang Century Holdings (HKG:103) A Risky Investment?

Dec 13

Shougang Concord Century Holdings (HKG:103) Shareholders Will Want The ROCE Trajectory To Continue

Oct 13

These 4 Measures Indicate That Shougang Concord Century Holdings (HKG:103) Is Using Debt Reasonably Well

Sep 08

We Think Some Shareholders May Hesitate To Increase Shougang Concord Century Holdings Limited's (HKG:103) CEO Compensation

May 31

Is Shougang Concord Century Holdings (HKG:103) Using Too Much Debt?

Apr 25

How Does Shougang Concord Century Holdings Limited (HKG:103) Stand Up To These Simple Dividend Safety Checks?

Apr 07

If You Like EPS Growth Then Check Out Shougang Concord Century Holdings (HKG:103) Before It's Too Late

Mar 20

Is There More Growth In Store For Shougang Concord Century Holdings' (HKG:103) Returns On Capital?

Feb 22

Have Insiders Been Buying Shougang Concord Century Holdings Limited (HKG:103) Shares?

Feb 04

Should You Use Shougang Concord Century Holdings's (HKG:103) Statutory Earnings To Analyse It?

Jan 17

We Think Shougang Concord Century Holdings (HKG:103) Can Stay On Top Of Its Debt

Dec 28

How Should Investors React To Shougang Concord Century Holdings' (HKG:103) CEO Pay?

Dec 10

What Type Of Returns Would Shougang Concord Century Holdings'(HKG:103) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?

Nov 25

Shareholder Returns

	103	HK Metals and Mining	HK Market
7D	0%	-4.7%	-0.5%
1Y	81.0%	19.7%	19.9%

Return vs Industry: 103 exceeded the Hong Kong Metals and Mining industry which returned 19.7% over the past year.

Return vs Market: 103 exceeded the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 103's price volatile compared to industry and market?
103 volatility
103 Average Weekly Movement	5.5%
Metals and Mining Industry Average Movement	7.8%
Market Average Movement	8.8%
10% most volatile stocks in HK Market	18.6%
10% least volatile stocks in HK Market	4.1%

Stable Share Price: 103 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 103's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1991	2,543	Jinping Li	www.shougangcentury.com.hk

Shougang Century Holdings Limited, an investment holding company, engages in the manufacture and sale of steel cords for use in radial tyres in the People’s Republic of China. The company also manufactures and sells sawing and hose wires under the Eastern brand. In addition, it invests in properties and provides management services.

Shougang Century Holdings Limited Fundamentals Summary

How do Shougang Century Holdings's earnings and revenue compare to its market cap?
103 fundamental statistics
Market cap	HK$998.77m
Earnings (TTM)	HK$73.89m
Revenue (TTM)	HK$2.52b

13.4x

P/E Ratio

0.4x

P/S Ratio

Is 103 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
103 income statement (TTM)
Revenue	HK$2.52b
Cost of Revenue	HK$2.13b
Gross Profit	HK$391.90m
Other Expenses	HK$318.01m
Earnings	HK$73.89m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.031
Gross Margin	15.55%
Net Profit Margin	2.93%
Debt/Equity Ratio	30.4%

How did 103 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

27%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 09:42
End of Day Share Price	2024/12/23 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Shougang Century Holdings Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Rui Zhao	Guotai Junan International Holdings Limited
Swarupa Kulkarni	Virtua Research Inc.

103 Stock Overview

Rewards

Risk Analysis

Shougang Century Holdings Limited Competitors

SEHK:3788

HK$1.5b

SEHK:2798

HK$1.3b

SEHK:1553

HK$637.7m

SEHK:1118

HK$494.0m

Price History & Performance

Recent News & Updates

Chairman recently bought HK$440k worth of stock

Now 24% overvalued after recent price rise

Calculating The Intrinsic Value Of Shougang Century Holdings Limited (HKG:103)

Deputy MD & Executive Director recently bought HK$136k worth of stock

New minor risk - Shareholder dilution

MD & Executive Director recently bought HK$350k worth of stock

Recent updates

Chairman recently bought HK$440k worth of stock

Now 24% overvalued after recent price rise

Calculating The Intrinsic Value Of Shougang Century Holdings Limited (HKG:103)

Deputy MD & Executive Director recently bought HK$136k worth of stock

New minor risk - Shareholder dilution

MD & Executive Director recently bought HK$350k worth of stock

First half 2024 earnings released: EPS: HK$0.022 (vs HK$0.016 in 1H 2023)

Shougang Century Holdings Limited Announces Changes in the Composition of the Board

Shougang Century Holdings Limited Approves Dividend Distribution Plan for the Financial Years from 2024 to 2028

Shougang Century Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024

Shougang Century Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2024

Shougang Century Holdings Limited Appoints Zhao Yue as Executive Director and the Vice Chairman

There's Reason For Concern Over Shougang Century Holdings Limited's (HKG:103) Price

Upcoming dividend of HK$0.01 per share

Calculating The Intrinsic Value Of Shougang Century Holdings Limited (HKG:103)

Dividend increased to HK$0.01

Shougang Century Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 31 July 2024

Shougang Century Holdings Limited, Annual General Meeting, Jun 27, 2024

Full year 2023 earnings released: EPS: HK$0.032 (vs HK$0.024 in FY 2022)

Shougang Century Holdings Limited to Report Fiscal Year 2023 Final Results on Mar 18, 2024

Shougang Century Holdings (HKG:103) Has A Pretty Healthy Balance Sheet

Shougang Century Holdings (HKG:103) Is Doing The Right Things To Multiply Its Share Price

Shougang Century Holdings Limited Announces Executive Changes

First half 2023 earnings released: EPS: HK$0.016 (vs HK$0.015 in 1H 2022)

Shougang Century Holdings Limited to Report First Half, 2023 Results on Aug 23, 2023

Shougang Century Holdings Limited Announces Board Changes, Effective 1 August 2023

Shougang Century Holdings Limited Announces Executive Changes, Effective 1 July 2023

Shougang Century Holdings Limited Declares Final Dividend for the Year Ended 31 December 2022

Does Shougang Century Holdings (HKG:103) Have A Healthy Balance Sheet?

Full year 2022 earnings released: EPS: HK$0.024 (vs HK$0.043 in FY 2021)

Returns On Capital At Shougang Century Holdings (HKG:103) Paint A Concerning Picture

Estimating The Intrinsic Value Of Shougang Century Holdings Limited (HKG:103)

Shougang Century Holdings' (HKG:103) Returns On Capital Not Reflecting Well On The Business

Less than half of directors are independent

Less than half of directors are independent

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

First half 2022 earnings released: EPS: HK$0.016 (vs HK$0.028 in 1H 2021)

Shougang Century Holdings Limited to Report First Half, 2022 Results on Aug 26, 2022

Shougang Century Holdings Limited Appoints Mr. Yang Junlin as Deputy Managing Director

Shougang Century Holdings Limited Announces Executive Changes

Upcoming dividend of HK$0.015 per share

Shougang Century Holdings Limited Declares Final Ordinary Dividend for the Year Ended December 31, 2021

Is Shougang Century Holdings (HKG:103) A Risky Investment?

Less than half of directors are independent

Shougang Century Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2021

Shougang Century Holdings (HKG:103) Is Experiencing Growth In Returns On Capital

Is Shougang Century Holdings (HKG:103) A Risky Investment?

Shougang Concord Century Holdings (HKG:103) Shareholders Will Want The ROCE Trajectory To Continue

First half 2021 earnings released: EPS HK$0.028 (vs HK$0.019 in 1H 2020)

These 4 Measures Indicate That Shougang Concord Century Holdings (HKG:103) Is Using Debt Reasonably Well

First half 2021 earnings released: EPS HK$0.028 (vs HK$0.019 in 1H 2020)

Upcoming dividend of HK$0.015 per share

We Think Some Shareholders May Hesitate To Increase Shougang Concord Century Holdings Limited's (HKG:103) CEO Compensation

Full year 2020 earnings released: EPS HK$0.078 (vs HK$0.058 in FY 2019)

Is Shougang Concord Century Holdings (HKG:103) Using Too Much Debt?

How Does Shougang Concord Century Holdings Limited (HKG:103) Stand Up To These Simple Dividend Safety Checks?

Full year 2020 earnings released: EPS HK$0.078 (vs HK$0.058 in FY 2019)

If You Like EPS Growth Then Check Out Shougang Concord Century Holdings (HKG:103) Before It's Too Late