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Maanshan Iron & Steel SEHK:323 Stock Report

Last Price

HK$1.29

Market Cap

HK$20.2b

7D

11.2%

1Y

6.6%

Updated

06 Dec, 2024

Data

Company Financials +

Maanshan Iron & Steel Company Limited

SEHK:323 Stock Report

Market Cap: HK$20.2b

323 Stock Overview

Manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. More details

323 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends0/6

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$1.29
52 Week HighHK$1.55
52 Week LowHK$0.85
Beta1.11
11 Month Change1.57%
3 Month Change37.23%
1 Year Change6.61%
33 Year Change-55.36%
5 Year Change-57.98%
Change since IPO-64.66%

Recent News & Updates

Recent updates

Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?

Nov 04
Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?

Maanshan Iron & Steel Company Limited's (HKG:323) Shares Climb 62% But Its Business Is Yet to Catch Up

Oct 07
Maanshan Iron & Steel Company Limited's (HKG:323) Shares Climb 62% But Its Business Is Yet to Catch Up

Revenues Not Telling The Story For Maanshan Iron & Steel Company Limited (HKG:323) After Shares Rise 62%

Oct 07
Revenues Not Telling The Story For Maanshan Iron & Steel Company Limited (HKG:323) After Shares Rise 62%

Maanshan Iron & Steel (HKG:323) Has Debt But No Earnings; Should You Worry?

Jun 26
Maanshan Iron & Steel (HKG:323) Has Debt But No Earnings; Should You Worry?

Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?

Jan 09
Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?

Maanshan Iron & Steel Company Limited (HKG:323) Shares Could Be 21% Above Their Intrinsic Value Estimate

Nov 02
Maanshan Iron & Steel Company Limited (HKG:323) Shares Could Be 21% Above Their Intrinsic Value Estimate

Is Maanshan Iron & Steel (HKG:323) Using Debt In A Risky Way?

Sep 05
Is Maanshan Iron & Steel (HKG:323) Using Debt In A Risky Way?

Calculating The Fair Value Of Maanshan Iron & Steel Company Limited (HKG:323)

Jul 14
Calculating The Fair Value Of Maanshan Iron & Steel Company Limited (HKG:323)

Is Maanshan Iron & Steel (HKG:323) Using Debt Sensibly?

May 18
Is Maanshan Iron & Steel (HKG:323) Using Debt Sensibly?

Estimating The Intrinsic Value Of Maanshan Iron & Steel Company Limited (HKG:323)

Mar 27
Estimating The Intrinsic Value Of Maanshan Iron & Steel Company Limited (HKG:323)

Is Maanshan Iron & Steel (HKG:323) Weighed On By Its Debt Load?

Jan 20
Is Maanshan Iron & Steel (HKG:323) Weighed On By Its Debt Load?

Does Maanshan Iron & Steel (HKG:323) Have A Healthy Balance Sheet?

Oct 19
Does Maanshan Iron & Steel (HKG:323) Have A Healthy Balance Sheet?

Maanshan Iron & Steel (HKG:323) Could Be At Risk Of Shrinking As A Company

Sep 26
Maanshan Iron & Steel (HKG:323) Could Be At Risk Of Shrinking As A Company

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

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

Maanshan Iron & Steel's (HKG:323) Returns On Capital Are Heading Higher

Jun 28
Maanshan Iron & Steel's (HKG:323) Returns On Capital Are Heading Higher

Maanshan Iron & Steel (HKG:323) Is Achieving High Returns On Its Capital

Dec 30
Maanshan Iron & Steel (HKG:323) Is Achieving High Returns On Its Capital

Here's Why Maanshan Iron & Steel (HKG:323) Can Manage Its Debt Responsibly

Oct 26
Here's Why Maanshan Iron & Steel (HKG:323) Can Manage Its Debt Responsibly

Returns At Maanshan Iron & Steel (HKG:323) Are On The Way Up

Sep 30
Returns At Maanshan Iron & Steel (HKG:323) Are On The Way Up

Maanshan Iron & Steel (HKG:323) Will Pay A Larger Dividend Than Last Year At HK$0.16

Jul 03
Maanshan Iron & Steel (HKG:323) Will Pay A Larger Dividend Than Last Year At HK$0.16

Returns Are Gaining Momentum At Maanshan Iron & Steel (HKG:323)

May 31
Returns Are Gaining Momentum At Maanshan Iron & Steel (HKG:323)

Shareholder Returns

323HK Metals and MiningHK Market
7D11.2%1.5%2.2%
1Y6.6%29.1%17.8%

Return vs Industry: 323 underperformed the Hong Kong Metals and Mining industry which returned 29.1% over the past year.

Return vs Market: 323 underperformed the Hong Kong Market which returned 17.8% over the past year.

Price Volatility

Is 323's price volatile compared to industry and market?
323 volatility
323 Average Weekly Movement11.1%
Metals and Mining Industry Average Movement7.9%
Market Average Movement8.9%
10% most volatile stocks in HK Market19.0%
10% least volatile stocks in HK Market4.2%

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

FoundedEmployeesCEOWebsite
195317,661Wenyang Zhangwww.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 iron and steel products.

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$20.21b
Earnings (TTM)-HK$2.43b
Revenue (TTM)HK$92.79b

0.1x

P/S Ratio

-4.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
323 income statement (TTM)
RevenueCN¥86.53b
Cost of RevenueCN¥87.03b
Gross Profit-CN¥499.89m
Other ExpensesCN¥1.76b
Earnings-CN¥2.26b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.29
Gross Margin-0.58%
Net Profit Margin-2.62%
Debt/Equity Ratio72.8%

How did 323 perform over the long term?

See historical performance and comparison