Angang Steel Future Growth
Future criteria checks 4/6
Angang Steel's revenue is forecast to decline at 1.2% per annum while its annual earnings are expected to grow at 130.9% per year. EPS is expected to grow by 130.7% per annum. Return on equity is forecast to be 22% in 3 years.
Key information
130.9%
Earnings growth rate
130.7%
EPS growth rate
| Metals and Mining earnings growth | 20.7% |
| Revenue growth rate | -1.2% |
| Future return on equity | 22.0% |
| Analyst coverage | Good |
| Last updated | 12 Apr 2024 |
Recent future growth 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 07Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 106,532 | 1,073 | N/A | 6,502 | 3 |
| 12/31/2025 | 108,736 | 497 | -671 | 3,449 | 10 |
| 12/31/2024 | 112,204 | -847 | -2,154 | 2,954 | 8 |
| 3/31/2024 | 110,001 | -4,765 | -3,171 | -226 | N/A |
| 12/31/2023 | 113,502 | -3,257 | -1,480 | 1,579 | N/A |
| 9/30/2023 | 114,510 | -2,200 | -434 | 2,715 | N/A |
| 6/30/2023 | 119,603 | -2,954 | 1,080 | 4,414 | N/A |
| 3/31/2023 | 126,989 | -1,523 | 2,133 | 6,720 | N/A |
| 12/31/2022 | 131,072 | 108 | 1,890 | 6,139 | N/A |
| 9/30/2022 | 128,867 | -380 | 3,706 | 8,930 | N/A |
| 6/30/2022 | 134,107 | 3,470 | 2,633 | 8,398 | N/A |
| 3/31/2022 | 139,230 | 6,946 | 8,216 | 13,012 | N/A |
| 12/31/2021 | 136,120 | 6,964 | 8,356 | 12,935 | N/A |
| 9/30/2021 | 137,835 | 8,190 | 9,830 | 14,032 | N/A |
| 6/30/2021 | 128,560 | 6,688 | 10,057 | 13,814 | N/A |
| 3/31/2021 | 112,383 | 3,186 | 11,565 | 14,878 | N/A |
| 12/31/2020 | 100,903 | 1,978 | 6,138 | 9,916 | N/A |
| 9/30/2020 | 99,135 | 1,390 | 6,707 | 9,759 | N/A |
| 6/30/2020 | 99,163 | 862 | 7,968 | 11,034 | N/A |
| 3/31/2020 | 101,461 | 1,662 | 1,543 | 4,947 | N/A |
| 12/31/2019 | 105,587 | 1,787 | 6,605 | 10,020 | N/A |
| 9/30/2019 | 104,967 | 2,819 | 3,125 | 6,902 | N/A |
| 6/30/2019 | 105,369 | 4,936 | 6,180 | 9,648 | N/A |
| 3/31/2019 | 106,089 | 6,457 | 7,667 | 10,882 | N/A |
| 12/31/2018 | 105,157 | 7,952 | 5,469 | 8,294 | N/A |
| 9/30/2018 | 103,748 | 9,700 | 8,456 | 10,810 | N/A |
| 6/30/2018 | 100,041 | 9,002 | 6,338 | 8,278 | N/A |
| 3/31/2018 | 95,843 | 7,481 | 3,965 | 5,462 | N/A |
| 1/1/2018 | 91,683 | 6,638 | N/A | 6,478 | N/A |
| 9/30/2017 | 82,591 | 4,432 | N/A | 4,418 | N/A |
| 6/30/2017 | 74,956 | 3,393 | N/A | 3,521 | N/A |
| 3/31/2017 | 65,979 | 3,300 | N/A | 6,171 | N/A |
| 12/31/2016 | 57,882 | 1,616 | N/A | 4,349 | N/A |
| 9/30/2016 | 52,235 | -2,728 | N/A | 3,363 | N/A |
| 6/30/2016 | 49,197 | -4,448 | N/A | 4,885 | N/A |
| 3/31/2016 | 49,072 | -5,227 | N/A | 2,819 | N/A |
| 12/31/2015 | 52,759 | -4,593 | N/A | 5,137 | N/A |
| 9/30/2015 | 58,423 | -883 | N/A | 5,033 | N/A |
| 6/30/2015 | 64,861 | 506 | N/A | 2,443 | N/A |
| 3/31/2015 | 70,608 | 661 | N/A | 2,025 | N/A |
| 12/31/2014 | 74,046 | 928 | N/A | 2,137 | N/A |
| 9/30/2014 | 76,355 | 928 | N/A | 1,043 | N/A |
| 6/30/2014 | 76,584 | 645 | N/A | 1,285 | N/A |
| 3/31/2014 | 74,560 | 516 | N/A | 6,121 | N/A |
| 12/31/2013 | 75,329 | 770 | N/A | 10,563 | N/A |
| 9/30/2013 | 75,998 | -90 | N/A | 12,983 | N/A |
| 6/30/2013 | 75,758 | -1,347 | N/A | 11,511 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 347 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: 347 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 347 is expected to become profitable in the next 3 years.
Revenue vs Market: 347's revenue is expected to decline over the next 3 years (-1.2% per year).
High Growth Revenue: 347's revenue is forecast to decline over the next 3 years (-1.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 347's Return on Equity is forecast to be high in 3 years time (22%)