323 Stock Overview
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$1.20 |
| 52 Week High | HK$1.55 |
| 52 Week Low | HK$0.85 |
| Beta | 1.13 |
| 11 Month Change | 29.03% |
| 3 Month Change | 9.09% |
| 1 Year Change | 1.69% |
| 33 Year Change | -66.67% |
| 5 Year Change | -59.18% |
| Change since IPO | -67.12% |
Recent News & Updates
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 07Recent updates
Maanshan Iron & Steel Company Limited's (HKG:323) Shares Climb 62% But Its Business Is Yet to Catch Up
Oct 07Revenues Not Telling The Story For Maanshan Iron & Steel Company Limited (HKG:323) After Shares Rise 62%
Oct 07Maanshan Iron & Steel (HKG:323) Has Debt But No Earnings; Should You Worry?
Jun 26Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?
Jan 09Maanshan 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 15Shareholder Returns
| 323 | HK Metals and Mining | HK Market | |
|---|---|---|---|
| 7D | -4.8% | 0.06% | -1.0% |
| 1Y | 1.7% | 43.5% | 20.3% |
Return vs Industry: 323 underperformed the Hong Kong Metals and Mining industry which returned 43.6% over the past year.
Return vs Market: 323 underperformed the Hong Kong Market which returned 20.3% over the past year.
Price Volatility
| 323 volatility | |
|---|---|
| 323 Average Weekly Movement | 10.2% |
| Metals and Mining Industry Average Movement | 7.5% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in HK Market | 18.9% |
| 10% least volatile stocks in HK Market | 4.3% |
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 (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1953 | 17,661 | Wenyang Zhang | 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 iron and steel products.
Maanshan Iron & Steel Company Limited Fundamentals Summary
| 323 fundamental statistics | |
|---|---|
| Market cap | HK$16.69b |
| Earnings (TTM) | -HK$268.77m |
| Revenue (TTM) | HK$101.72b |
0.1x
P/S Ratio-34.6x
P/E RatioIs 323 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 323 income statement (TTM) | |
|---|---|
| Revenue | CN¥92.96b |
| Cost of Revenue | CN¥91.02b |
| Gross Profit | CN¥1.95b |
| Other Expenses | CN¥2.19b |
| Earnings | -CN¥245.62m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Oct 30, 2024
| Earnings per share (EPS) | -0.032 |
| Gross Margin | 2.09% |
| Net Profit Margin | -0.26% |
| Debt/Equity Ratio | 70.0% |
How did 323 perform over the long term?
See historical performance and comparison