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323

Maanshan Iron & Steel SEHK:323 Stock Report

Last Price

HK$2.13

Market Cap

HK$25.3b

7D

4.9%

1Y

-43.4%

Updated

17 Aug, 2022

Data

Company Financials +
323 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends4/6

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.

Maanshan Iron & Steel Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Maanshan Iron & Steel
Historical stock prices
Current Share PriceHK$2.13
52 Week HighHK$4.80
52 Week LowHK$1.98
Beta1.09
1 Month Change-0.93%
3 Month Change-26.80%
1 Year Change-43.35%
3 Year Change-27.55%
5 Year Change-46.62%
Change since IPO-41.64%

Recent News & Updates

Jul 19
We Think Maanshan Iron & Steel (HKG:323) Can Stay On Top Of Its Debt

We Think Maanshan Iron & Steel (HKG:323) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

323HK Metals and MiningHK Market
7D4.9%1.5%1.5%
1Y-43.4%-30.1%-20.8%

Return vs Industry: 323 underperformed the Hong Kong Metals and Mining industry which returned -29.8% over the past year.

Return vs Market: 323 underperformed the Hong Kong Market which returned -20.6% over the past year.

Price Volatility

Is 323's price volatile compared to industry and market?
323 volatility
323 Average Weekly Movement5.4%
Metals and Mining Industry Average Movement6.0%
Market Average Movement6.5%
10% most volatile stocks in HK Market12.8%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 323 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 323's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195318,730n/ahttps://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. It offers steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products comprising H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and rain 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; sales, imports, and exports of iron ore, iron ore fines, and scrap steel; metallurgy and extended processing of ferrous metals; production and sales of coke and coke chemical products and energy; production and distribution of metallic products; design, research and development, manufacturing, maintenance, and sales 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

How do Maanshan Iron & Steel's earnings and revenue compare to its market cap?
323 fundamental statistics
Market CapHK$25.26b
Earnings (TTM)HK$5.86b
Revenue (TTM)HK$134.63b

2.8x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
323 income statement (TTM)
RevenueCN¥116.55b
Cost of RevenueCN¥103.23b
Gross ProfitCN¥13.31b
Other ExpensesCN¥8.24b
EarningsCN¥5.07b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 30, 2022

Earnings per share (EPS)0.65
Gross Margin11.42%
Net Profit Margin4.35%
Debt/Equity Ratio37.5%

How did 323 perform over the long term?

See historical performance and comparison

Dividends

18.9%

Current Dividend Yield

54%

Payout Ratio