323 Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Maanshan Iron & Steel Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$1.13 |
| 52 Week High | HK$1.79 |
| 52 Week Low | HK$1.07 |
| Beta | 1.11 |
| 1 Month Change | -1.74% |
| 3 Month Change | 4.63% |
| 1 Year Change | -33.14% |
| 3 Year Change | -68.44% |
| 5 Year Change | -69.13% |
| Change since IPO | -69.04% |
Recent News & Updates
Recent updates
Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?
Jan 09
Maanshan Iron & Steel Company Limited (HKG:323) Shares Could Be 21% Above Their Intrinsic Value Estimate
Nov 02Is Maanshan Iron & Steel (HKG:323) Using Debt In A Risky Way?
Sep 05Calculating The Fair Value Of Maanshan Iron & Steel Company Limited (HKG:323)
Jul 14Is Maanshan Iron & Steel (HKG:323) Using Debt Sensibly?
May 18Estimating The Intrinsic Value Of Maanshan Iron & Steel Company Limited (HKG:323)
Mar 27Is Maanshan Iron & Steel (HKG:323) Weighed On By Its Debt Load?
Jan 20Does Maanshan Iron & Steel (HKG:323) Have A Healthy Balance Sheet?
Oct 19Maanshan Iron & Steel (HKG:323) Could Be At Risk Of Shrinking As A Company
Sep 26We Think Maanshan Iron & Steel (HKG:323) Can Stay On Top Of Its Debt
Jul 19Maanshan Iron & Steel's (HKG:323) Returns On Capital Are Heading Higher
Jun 28Maanshan Iron & Steel (HKG:323) Is Achieving High Returns On Its Capital
Dec 30Here's Why Maanshan Iron & Steel (HKG:323) Can Manage Its Debt Responsibly
Oct 26Returns At Maanshan Iron & Steel (HKG:323) Are On The Way Up
Sep 30Maanshan Iron & Steel (HKG:323) Will Pay A Larger Dividend Than Last Year At HK$0.16
Jul 03Returns Are Gaining Momentum At Maanshan Iron & Steel (HKG:323)
May 31These 4 Measures Indicate That Maanshan Iron & Steel (HKG:323) Is Using Debt Extensively
Mar 15Are Investors Undervaluing Maanshan Iron & Steel Company Limited (HKG:323) By 38%?
Feb 17
Can Maanshan Iron & Steel (HKG:323) Continue To Grow Its Returns On Capital?
Feb 04Key Things To Watch Out For If You Are After Maanshan Iron & Steel Company Limited's (HKG:323) 4.4% Dividend
Jan 22How Many Maanshan Iron & Steel Company Limited (HKG:323) Shares Do Institutions Own?
Jan 09How Much Did Maanshan Iron & Steel's(HKG:323) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 27Maanshan Iron & Steel (HKG:323) Has A Pretty Healthy Balance Sheet
Dec 13Are Maanshan Iron & Steel's (HKG:323) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 29Shareholder Returns
| 323 | HK Metals and Mining | HK Market | |
|---|---|---|---|
| 7D | -3.4% | -1.8% | -0.7% |
| 1Y | -33.1% | 16.7% | -13.4% |
Return vs Industry: 323 underperformed the Hong Kong Metals and Mining industry which returned 16.7% over the past year.
Return vs Market: 323 underperformed the Hong Kong Market which returned -13.4% over the past year.
Price Volatility
| 323 volatility | |
|---|---|
| 323 Average Weekly Movement | 5.1% |
| Metals and Mining Industry Average Movement | 8.1% |
| Market Average Movement | 7.5% |
| 10% most volatile stocks in HK Market | 14.9% |
| 10% least volatile stocks in HK Market | 3.8% |
Stable Share Price: 323 has not had significant price volatility in the past 3 months.
Volatility Over Time: 323's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1953 | 17,661 | Tianbao Ren | www.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 ferrous metals; production and sale of coke and coke chemical products and energy; production and distribution of metallic products; design, research and development, manufacture, maintenance, and sale of rail wheels, axles, wheel sets, bogies, and other rail equipment; trading of steel products and pig iron; and investment and trading businesses.
Maanshan Iron & Steel Company Limited Fundamentals Summary
| 323 fundamental statistics | |
|---|---|
| Market cap | HK$17.96b |
| Earnings (TTM) | -HK$1.44b |
| Revenue (TTM) | HK$107.04b |
0.1x
P/S Ratio-6.1x
P/E RatioIs 323 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 323 income statement (TTM) | |
|---|---|
| Revenue | CN¥98.94b |
| Cost of Revenue | CN¥98.38b |
| Gross Profit | CN¥557.58m |
| Other Expenses | CN¥1.89b |
| Earnings | -CN¥1.33b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 29, 2024
| Earnings per share (EPS) | -0.17 |
| Gross Margin | 0.56% |
| Net Profit Margin | -1.34% |
| Debt/Equity Ratio | 63.3% |
How did 323 perform over the long term?
See historical performance and comparison