| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | HK$2.13 |
| 52 Week High | HK$4.80 |
| 52 Week Low | HK$1.98 |
| Beta | 1.09 |
| 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
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
| 323 | HK Metals and Mining | HK Market | |
|---|---|---|---|
| 7D | 4.9% | 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
| 323 volatility | |
|---|---|
| 323 Average Weekly Movement | 5.4% |
| Metals and Mining Industry Average Movement | 6.0% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in HK Market | 12.8% |
| 10% least volatile stocks in HK Market | 3.2% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1953 | 18,730 | n/a | https://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
| 323 fundamental statistics | |
|---|---|
| Market Cap | HK$25.26b |
| Earnings (TTM) | HK$5.86b |
| Revenue (TTM) | HK$134.63b |
2.8x
P/E Ratio0.1x
P/S RatioIs 323 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 323 income statement (TTM) | |
|---|---|
| Revenue | CN¥116.55b |
| Cost of Revenue | CN¥103.23b |
| Gross Profit | CN¥13.31b |
| Other Expenses | CN¥8.24b |
| Earnings | CN¥5.07b |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 30, 2022
| Earnings per share (EPS) | 0.65 |
| Gross Margin | 11.42% |
| Net Profit Margin | 4.35% |
| Debt/Equity Ratio | 37.5% |
How did 323 perform over the long term?
See historical performance and comparison