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Angang Steel SEHK:347 Stock Report

Last Price

HK$1.53

Market Cap

HK$24.1b

7D

8.5%

1Y

1.3%

Updated

05 Dec, 2024

Data

Company Financials +

Angang Steel Company Limited

SEHK:347 Stock Report

Market Cap: HK$24.1b

347 Stock Overview

Engages in the production, processing, and sale of steel products in the People’s Republic of China and internationally. More details

347 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 347 from our risk checks.

Angang Steel Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Angang Steel
Historical stock prices
Current Share PriceHK$1.53
52 Week HighHK$1.96
52 Week LowHK$1.01
Beta1.44
11 Month Change-4.97%
3 Month Change42.99%
1 Year Change1.32%
33 Year Change-59.74%
5 Year Change-48.83%
Change since IPO17.00%

Recent News & Updates

Angang Steel Company Limited (HKG:347) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Sep 28
Angang Steel Company Limited (HKG:347) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Recent updates

Angang Steel Company Limited (HKG:347) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Sep 28
Angang Steel Company Limited (HKG:347) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Analysts Are Updating Their Angang Steel Company Limited (HKG:347) Estimates After Its Half-Year Results

Sep 03
Analysts Are Updating Their Angang Steel Company Limited (HKG:347) Estimates After Its Half-Year Results

Angang Steel Company Limited's (HKG:347) Share Price Not Quite Adding Up

Jun 05
Angang Steel Company Limited's (HKG:347) Share Price Not Quite Adding Up

Analysts Have Lowered Expectations For Angang Steel Company Limited (HKG:347) After Its Latest Results

Mar 31
Analysts Have Lowered Expectations For Angang Steel Company Limited (HKG:347) After Its Latest Results

Risks To Shareholder Returns Are Elevated At These Prices For Angang Steel Company Limited (HKG:347)

Dec 30
Risks To Shareholder Returns Are Elevated At These Prices For Angang Steel Company Limited (HKG:347)

Is Angang Steel (HKG:347) Using Debt In A Risky Way?

Oct 06
Is Angang Steel (HKG:347) Using Debt In A Risky Way?

Angang Steel Company Limited (HKG:347) Shares Could Be 37% Below Their Intrinsic Value Estimate

Aug 09
Angang Steel Company Limited (HKG:347) Shares Could Be 37% Below Their Intrinsic Value Estimate

Is Angang Steel (HKG:347) Using Too Much Debt?

Jun 09
Is Angang Steel (HKG:347) Using Too Much Debt?

Angang Steel Company Limited's (HKG:347) Intrinsic Value Is Potentially 30% Above Its Share Price

May 03
Angang Steel Company Limited's (HKG:347) Intrinsic Value Is Potentially 30% Above Its Share Price

Is Angang Steel (HKG:347) Using Debt In A Risky Way?

Feb 21
Is Angang Steel (HKG:347) Using Debt In A Risky Way?

Here's Why Angang Steel (HKG:347) Has A Meaningful Debt Burden

Oct 27
Here's Why Angang Steel (HKG:347) Has A Meaningful Debt Burden

Investors Will Want Angang Steel's (HKG:347) Growth In ROCE To Persist

Aug 24
Investors Will Want Angang Steel's (HKG:347) Growth In ROCE To Persist

Angang Steel (HKG:347) Has A Pretty Healthy Balance Sheet

Jul 29
Angang Steel (HKG:347) Has A Pretty Healthy Balance Sheet

Angang Steel (HKG:347) Is Increasing Its Dividend To HK$0.26

May 30
Angang Steel (HKG:347) Is Increasing Its Dividend To HK$0.26

Angang Steel Company Limited (HKG:347) Shares Could Be 49% Below Their Intrinsic Value Estimate

May 28
Angang Steel Company Limited (HKG:347) Shares Could Be 49% Below Their Intrinsic Value Estimate

Angang Steel (HKG:347) Is Looking To Continue Growing Its Returns On Capital

May 01
Angang Steel (HKG:347) Is Looking To Continue Growing Its Returns On Capital

These 4 Measures Indicate That Angang Steel (HKG:347) Is Using Debt Reasonably Well

Apr 03
These 4 Measures Indicate That Angang Steel (HKG:347) Is Using Debt Reasonably Well

Angang Steel (HKG:347) Might Have The Makings Of A Multi-Bagger

Jan 30
Angang Steel (HKG:347) Might Have The Makings Of A Multi-Bagger

Does Angang Steel (HKG:347) Have A Healthy Balance Sheet?

Jan 02
Does Angang Steel (HKG:347) Have A Healthy Balance Sheet?

Is Angang Steel (HKG:347) Using Too Much Debt?

Oct 04
Is Angang Steel (HKG:347) Using Too Much Debt?

Angang Steel's (HKG:347) Returns On Capital Are Heading Higher

Jul 25
Angang Steel's (HKG:347) Returns On Capital Are Heading Higher

Angang Steel Company Limited's (HKG:347) Intrinsic Value Is Potentially 28% Above Its Share Price

Apr 15
Angang Steel Company Limited's (HKG:347) Intrinsic Value Is Potentially 28% Above Its Share Price

Returns On Capital Are Showing Encouraging Signs At Angang Steel (HKG:347)

Mar 29
Returns On Capital Are Showing Encouraging Signs At Angang Steel (HKG:347)

Why Dividend Hunters Love Angang Steel Company Limited (HKG:347)

Mar 08
Why Dividend Hunters Love Angang Steel Company Limited (HKG:347)

We Think Angang Steel (HKG:347) Is Taking Some Risk With Its Debt

Feb 18
We Think Angang Steel (HKG:347) Is Taking Some Risk With Its Debt

Shareholder Returns

347HK Metals and MiningHK Market
7D8.5%0.4%1.5%
1Y1.3%28.4%17.5%

Return vs Industry: 347 underperformed the Hong Kong Metals and Mining industry which returned 28.4% over the past year.

Return vs Market: 347 underperformed the Hong Kong Market which returned 17.5% over the past year.

Price Volatility

Is 347's price volatile compared to industry and market?
347 volatility
347 Average Weekly Movement11.1%
Metals and Mining Industry Average Movement7.9%
Market Average Movement8.9%
10% most volatile stocks in HK Market19.1%
10% least volatile stocks in HK Market4.2%

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

FoundedEmployeesCEOWebsite
199725,823Hongjun Zhangwww.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

How do Angang Steel's earnings and revenue compare to its market cap?
347 fundamental statistics
Market capHK$24.10b
Earnings (TTM)-HK$6.67b
Revenue (TTM)HK$114.45b

0.1x

P/S Ratio

-2.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
347 income statement (TTM)
RevenueCN¥106.82b
Cost of RevenueCN¥110.15b
Gross Profit-CN¥3.33b
Other ExpensesCN¥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 Ratio17.1%

How did 347 perform over the long term?

See historical performance and comparison