347 Stock Overview
Engages in the production, processing, and sale of steel products in the People’s Republic of China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for 347 from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Angang Steel Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$1.47 |
| 52 Week High | HK$1.96 |
| 52 Week Low | HK$1.01 |
| Beta | 1.44 |
| 1 Month Change | -0.68% |
| 3 Month Change | 36.11% |
| 1 Year Change | 0% |
| 3 Year Change | -58.47% |
| 5 Year Change | -51.96% |
| Change since IPO | 12.41% |
Recent News & Updates
Recent updates
Angang Steel Company Limited (HKG:347) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Sep 28
Analysts Are Updating Their Angang Steel Company Limited (HKG:347) Estimates After Its Half-Year Results
Sep 03Angang Steel Company Limited's (HKG:347) Share Price Not Quite Adding Up
Jun 05Analysts Have Lowered Expectations For Angang Steel Company Limited (HKG:347) After Its Latest Results
Mar 31Risks To Shareholder Returns Are Elevated At These Prices For Angang Steel Company Limited (HKG:347)
Dec 30Is Angang Steel (HKG:347) Using Debt In A Risky Way?
Oct 06Angang Steel Company Limited (HKG:347) Shares Could Be 37% Below Their Intrinsic Value Estimate
Aug 09Is Angang Steel (HKG:347) Using Too Much Debt?
Jun 09Angang Steel Company Limited's (HKG:347) Intrinsic Value Is Potentially 30% Above Its Share Price
May 03Is Angang Steel (HKG:347) Using Debt In A Risky Way?
Feb 21Here's Why Angang Steel (HKG:347) Has A Meaningful Debt Burden
Oct 27Investors Will Want Angang Steel's (HKG:347) Growth In ROCE To Persist
Aug 24Angang Steel (HKG:347) Has A Pretty Healthy Balance Sheet
Jul 29Angang Steel (HKG:347) Is Increasing Its Dividend To HK$0.26
May 30Angang Steel Company Limited (HKG:347) Shares Could Be 49% Below Their Intrinsic Value Estimate
May 28Angang Steel (HKG:347) Is Looking To Continue Growing Its Returns On Capital
May 01These 4 Measures Indicate That Angang Steel (HKG:347) Is Using Debt Reasonably Well
Apr 03Angang Steel (HKG:347) Might Have The Makings Of A Multi-Bagger
Jan 30Does Angang Steel (HKG:347) Have A Healthy Balance Sheet?
Jan 02Is Angang Steel (HKG:347) Using Too Much Debt?
Oct 04Angang Steel's (HKG:347) Returns On Capital Are Heading Higher
Jul 25Angang Steel Company Limited's (HKG:347) Intrinsic Value Is Potentially 28% Above Its Share Price
Apr 15Returns On Capital Are Showing Encouraging Signs At Angang Steel (HKG:347)
Mar 29Why Dividend Hunters Love Angang Steel Company Limited (HKG:347)
Mar 08We Think Angang Steel (HKG:347) Is Taking Some Risk With Its Debt
Feb 18Shareholder Returns
| 347 | HK Metals and Mining | HK Market | |
|---|---|---|---|
| 7D | -5.8% | -4.7% | -0.5% |
| 1Y | 0% | 19.7% | 19.9% |
Return vs Industry: 347 underperformed the Hong Kong Metals and Mining industry which returned 19.7% over the past year.
Return vs Market: 347 underperformed the Hong Kong Market which returned 19.9% over the past year.
Price Volatility
| 347 volatility | |
|---|---|
| 347 Average Weekly Movement | 11.0% |
| Metals and Mining Industry Average Movement | 7.8% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in HK Market | 18.6% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 347 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 347's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 25,823 | Hongjun Zhang | www.ansteel.com.cn |
Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People’s Republic of China and internationally. Its principal products include hot rolled sheets, medium and high sheets, cold rolled sheets, galvanized steel sheets, color coating sheets, cold rolled silicon steel, heavy rails and profiles, seamless steel pipes, and wire rods. The company also engages in ferrous metal smelting and steel rolling processing activities.
Angang Steel Company Limited Fundamentals Summary
| 347 fundamental statistics | |
|---|---|
| Market cap | HK$23.13b |
| Earnings (TTM) | -HK$6.64b |
| Revenue (TTM) | HK$113.84b |
0.1x
P/S Ratio-2.1x
P/E RatioIs 347 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 347 income statement (TTM) | |
|---|---|
| Revenue | CN¥106.82b |
| Cost of Revenue | CN¥110.15b |
| Gross Profit | -CN¥3.33b |
| Other Expenses | CN¥2.90b |
| Earnings | -CN¥6.23b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.66 |
| Gross Margin | -3.12% |
| Net Profit Margin | -5.83% |
| Debt/Equity Ratio | 17.1% |
How did 347 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:31 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Angang Steel Company Limited is covered by 62 analysts. 7 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 |
|---|---|
| Wei Wan | AJ Securities Co., Ltd |
| Ephrem Ravi | Barclays |
| James Clarke | BNP Paribas Securities (Asia) |