323 Stock Overview Manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. More details
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Maanshan Iron & Steel Company Limited Competitors Price History & Performance
Summary of share price highs, lows and changes for Maanshan Iron & Steel Historical stock prices Current Share Price HK$1.38 52 Week High HK$1.55 52 Week Low HK$0.85 Beta 1.11 1 Month Change 15.97% 3 Month Change 55.06% 1 Year Change 15.97% 3 Year Change -52.90% 5 Year Change -54.61% Change since IPO -62.19%
Recent News & Updates
Maanshan Iron & Steel Company Limited Announces Change of Supervisor Nov 28
Maanshan Iron & Steel Company Limited Announces Change of H Share Registrar and Transfer Office Nov 23
Maanshan Iron & Steel Company Limited Announces Change of H Share Registrar and Transfer Office Nov 22
Consensus EPS estimates fall by 21% Nov 22
New major risk - Financial position Nov 18
Third quarter 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.082 profit in 3Q 2023) Nov 05 See more updates
Maanshan Iron & Steel Company Limited Announces Change of Supervisor Nov 28
Maanshan Iron & Steel Company Limited Announces Change of H Share Registrar and Transfer Office Nov 23
Maanshan Iron & Steel Company Limited Announces Change of H Share Registrar and Transfer Office Nov 22
Consensus EPS estimates fall by 21% Nov 22
New major risk - Financial position Nov 18
Third quarter 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.082 profit in 3Q 2023) Nov 05
Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt? Nov 04
Consensus EPS estimates upgraded to CN¥0.051 loss, revenue downgraded Nov 02
Maanshan Iron & Steel Company Limited's (HKG:323) Shares Climb 62% But Its Business Is Yet to Catch Up Oct 07
Revenues Not Telling The Story For Maanshan Iron & Steel Company Limited (HKG:323) After Shares Rise 62% Oct 07
Maanshan Iron & Steel Company Limited to Report Q3, 2024 Results on Oct 31, 2024 Sep 30 Maanshan Iron & Steel Company Limited Approves Board Appointments
Second quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.21 loss in 2Q 2023) Sep 04
Consensus EPS estimates have been downgraded. Sep 03
Maanshan Iron & Steel Company Limited Approves Board and Committee Changes Aug 23 Maanshan Iron & Steel Company Limited Announces Executive Changes
Maanshan Iron & Steel Company Limited to Report First Half, 2024 Results on Aug 30, 2024 Jun 28
Maanshan Iron & Steel (HKG:323) Has Debt But No Earnings; Should You Worry? Jun 26
Maanshan Iron & Steel Company Limited Approves Board Appointments May 30
Maanshan Iron & Steel Company Limited, Annual General Meeting, Jun 19, 2024 May 22
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.07 loss in 1Q 2023) May 01
Maanshan Iron & Steel Company Limited Announces the Resignation of Ding Yi as Director, the Chairman, a Member and the Chairman of the Strategic and Sustainable Development Committee of the Board of Directors, and a Member of the Nomination Committee of the Board of Directors Apr 19
New major risk - Financial position Apr 03
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Mar 31
Maanshan Iron & Steel Company Limited to Report Q1, 2024 Results on Apr 30, 2024 Mar 29
Maanshan Iron & Steel Company Limited Provides Earnings Guidance for the Fiscal Year Ended December 31, 2023 Jan 30
Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt? Jan 09
Maanshan Iron & Steel Company Limited to Report Fiscal Year 2023 Results on Mar 29, 2024 Dec 29
Maanshan Iron & Steel Company Limited Announces Board Appointments Nov 30
Maanshan Iron & Steel Company Limited Announces Board Resignations, Effective November 30, 2023 Nov 09
Maanshan Iron & Steel Company Limited (HKG:323) Shares Could Be 21% Above Their Intrinsic Value Estimate Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.082 (vs CN¥0.099 loss in 3Q 2022) Oct 29
Is Maanshan Iron & Steel (HKG:323) Using Debt In A Risky Way? Sep 05
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Aug 31
Now 21% undervalued after recent price drop Aug 21
Maanshan Iron & Steel Company Limited Provides Earnings Guidance from 1 January 2023 to 30 June 2023 Jul 15
Calculating The Fair Value Of Maanshan Iron & Steel Company Limited (HKG:323) Jul 14
Now 21% undervalued after recent price drop Jun 23
Upcoming dividend of CN¥0.02 per share at 1.6% yield Jun 14 Maanshan Iron & Steel Company Limited, Annual General Meeting, Jun 16, 2023
Is Maanshan Iron & Steel (HKG:323) Using Debt Sensibly? May 18
High number of new and inexperienced directors May 07
First quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat Apr 29
Estimating The Intrinsic Value Of Maanshan Iron & Steel Company Limited (HKG:323) Mar 27
Maanshan Iron & Steel Company Limited Provides Earnings Guidance for the Full Year Ended December 31, 2022 Jan 31
Is Maanshan Iron & Steel (HKG:323) Weighed On By Its Debt Load? Jan 20
Now 20% undervalued Jan 05
High number of new directors Dec 16
Magang (Group) Holding Co., Ltd. entered into an agreement to acquire 71% stake in Anhui Magang Heling Industry Co., Ltd. from Maanshan Iron & Steel Company Limited (SEHK:323) for CNY 240 million. Dec 07
Magang (Group) Holding Co., Ltd. agreed to acquire 71% stake in Holly Industrial Co., Ltd. from Maanshan Iron & Steel Company Limited (SEHK:323) for approximately RMB 240 million. Dec 06
Maanshan Iron & Steel Company Limited Announces Executive Changes Dec 03
Maanshan Iron & Steel Company Limited Announces Executive Changes Dec 02
Baowu Group Finance Co., Ltd. entered into merger agreement to acquire 91% stake in Masteel Group Finance Co., Ltd from Maanshan Iron & Steel Company Limited (SEHK:323) and Magang (Group) Holding Co., Ltd. Nov 17 Maanshan Iron & Steel Plans to Sell Stakes in Two Steel Processing Units
Third quarter 2022 earnings released Oct 29
Does Maanshan Iron & Steel (HKG:323) Have A Healthy Balance Sheet? Oct 19
Maanshan Iron & Steel Company Limited to Report Nine Months, 2022 Results on Oct 28, 2022 Sep 30
Maanshan Iron & Steel (HKG:323) Could Be At Risk Of Shrinking As A Company Sep 26
Consensus EPS estimates increase by 14% Sep 16
Consensus forecasts updated Sep 06
Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Sep 02
Consensus forecasts updated Sep 01
Consensus forecasts updated Aug 27
Maanshan Iron & Steel Company Limited to Report First Half, 2022 Results on Aug 30, 2022 Aug 03
Magang (Group) Holding Co., Ltd. agreed to acquire an additional 9.88% stake in Ouye Lianjin Renewable Resources Co., Ltd. from Maanshan Iron & Steel Company Limited (SEHK:323) for approximately CNY 350 million. Jul 22
We Think Maanshan Iron & Steel (HKG:323) Can Stay On Top Of Its Debt Jul 19
Maanshan Iron & Steel Company Limited Provides Earnings Guidance for the First Half Ended June 30, 2022 Jul 15
Consensus forecasts updated Jul 15
Investor sentiment deteriorated over the past week Jul 02
Maanshan Iron & Steel's (HKG:323) Returns On Capital Are Heading Higher Jun 28
Maanshan Iron & Steel Company Limited Announces Final Dividend for the Financial Year End 31 December 2021, Payable on 21 July 2022 Jun 24
Maanshan Iron & Steel Company Limited Proposes Dividend for the Financial Year End 31 December 2021 Payable on 21 July 2022 May 12
Maanshan Iron & Steel Company Limited, Annual General Meeting, Jun 23, 2022 May 07
Maanshan Iron & Steel Company Limited to Report Q1, 2022 Results on Apr 29, 2022 Apr 07
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Mar 11
Maanshan Iron & Steel Company Limited to Report Fiscal Year 2021 Results on Mar 23, 2022 Mar 03
Maanshan Iron & Steel Company Limited Provides Earnings Guidance for the Year Ended December 31, 2021 Jan 30
Maanshan Iron & Steel (HKG:323) Is Achieving High Returns On Its Capital Dec 30
Third quarter 2021 earnings released Oct 27
Third quarter 2021 earnings released Oct 27
Here's Why Maanshan Iron & Steel (HKG:323) Can Manage Its Debt Responsibly Oct 26
Returns At Maanshan Iron & Steel (HKG:323) Are On The Way Up Sep 30
Investor sentiment deteriorated over the past week Sep 20
Investor sentiment improved over the past week Aug 26
Maanshan Iron & Steel (HKG:323) Will Pay A Larger Dividend Than Last Year At HK$0.16 Jul 03
Returns Are Gaining Momentum At Maanshan Iron & Steel (HKG:323) May 31
Consensus EPS estimates increase to CN¥0.66 May 13
Investor sentiment improved over the past week May 10
Ou Ye Commercial Factoring Co., Ltd. signed an agreement to acquire Ma Steel (Shanghai) Commercial Factoring Company Ltd. from Magang Group Investment Co., Ltd., Ma Steel International Trade and Economics Co, Maanshan Iron & Steel Company Limited (SEHK:323), Baowu Heavy Industry Co., Ltd. and Anhui Masteel Mining Resources Co., Ltd. Apr 30
First quarter 2021 earnings released Apr 30
Investor sentiment improved over the past week Apr 10
Full year 2020 earnings released: EPS CN¥0.26 (vs CN¥0.15 in FY 2019) Mar 31
Non Executive Director has left the company Mar 23 Shareholder Returns 323 HK Metals and Mining HK Market 7D 6.2% -6.7% -2.2% 1Y 16.0% 23.7% 18.3%
See full shareholder returns
Return vs Market: 323 underperformed the Hong Kong Market which returned 18.3% over the past year.
Price Volatility Is 323's price volatile compared to industry and market? 323 volatility 323 Average Weekly Movement 11.0% Metals and Mining Industry Average Movement 7.7% Market Average Movement 8.9% 10% most volatile stocks in HK Market 18.7% 10% least volatile stocks in HK Market 4.1%
Stable Share Price: 323 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 323's weekly volatility (11%) has been stable over the past year.
About the Company 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.
Show more 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 cap HK$22.25b Earnings (TTM ) -HK$2.41b Revenue (TTM ) HK$92.15b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 323 income statement (TTM ) Revenue CN¥86.53b Cost of Revenue CN¥87.03b Gross Profit -CN¥499.89m Other Expenses CN¥1.76b Earnings -CN¥2.26b
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -0.29 Gross Margin -0.58% Net Profit Margin -2.62% Debt/Equity Ratio 72.8%
How did 323 perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/20 00:21 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 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 Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 .
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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 62 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.
Analyst Institution Ephrem Ravi Barclays James Clarke BNP Paribas Securities (Asia) Michelle W.C. Leung BOCI Research Ltd.
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