347 Stock Overview
Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People’s Republic of China and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for 347 from our risk checks.
Angang Steel Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$1.29 |
| 52 Week High | HK$2.87 |
| 52 Week Low | HK$1.20 |
| Beta | 1.48 |
| 1 Month Change | -2.27% |
| 3 Month Change | -5.84% |
| 1 Year Change | -50.38% |
| 3 Year Change | -76.02% |
| 5 Year Change | -67.69% |
| Change since IPO | -1.35% |
Recent News & Updates
Recent updates
Analysts Have Lowered Expectations For Angang Steel Company Limited (HKG:347) After Its Latest Results
Mar 31
Risks 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 18Angang Steel's(HKG:347) Share Price Is Down 57% Over The Past Three Years.
Jan 31
Angang Steel Company Limited (HKG:347) Shares Could Be 21% Above Their Intrinsic Value Estimate
Jan 12What Do The Returns At Angang Steel (HKG:347) Mean Going Forward?
Dec 25Is Angang Steel Company Limited (HKG:347) A Smart Pick For Income Investors?
Dec 07Shareholder Returns
| 347 | HK Metals and Mining | HK Market | |
|---|---|---|---|
| 7D | -3.7% | -2.3% | 3.6% |
| 1Y | -50.4% | 17.0% | -10.1% |
Return vs Industry: 347 underperformed the Hong Kong Metals and Mining industry which returned 17% over the past year.
Return vs Market: 347 underperformed the Hong Kong Market which returned -10.1% over the past year.
Price Volatility
| 347 volatility | |
|---|---|
| 347 Average Weekly Movement | 6.3% |
| Metals and Mining Industry Average Movement | 8.5% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in HK Market | 14.6% |
| 10% least volatile stocks in HK Market | 3.7% |
Stable Share Price: 347 has not had significant price volatility in the past 3 months.
Volatility Over Time: 347's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 26,964 | 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 thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails and sections, seamless steel pipes and wire rods, and other products. The company also engages in ferrous metal smelting and steel pressing and processing activities.
Angang Steel Company Limited Fundamentals Summary
| 347 fundamental statistics | |
|---|---|
| Market cap | HK$22.50b |
| Earnings (TTM) | -HK$3.52b |
| Revenue (TTM) | HK$122.64b |
0.1x
P/S Ratio-3.4x
P/E RatioIs 347 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 347 income statement (TTM) | |
|---|---|
| Revenue | CN¥113.50b |
| Cost of Revenue | CN¥114.24b |
| Gross Profit | -CN¥740.00m |
| Other Expenses | CN¥2.52b |
| Earnings | -CN¥3.26b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 29, 2024
| Earnings per share (EPS) | -0.35 |
| Gross Margin | -0.65% |
| Net Profit Margin | -2.87% |
| Debt/Equity Ratio | 12.3% |
How did 347 perform over the long term?
See historical performance and comparison