Angang Steel Company Limited

SEHK:347 Stock Report

Market Cap: HK$23.1b

Angang Steel Management

Management criteria checks 2/4

Angang Steel's CEO is Hongjun Zhang, appointed in Dec 2022, has a tenure of 1.92 years. total yearly compensation is CN¥1.37M, comprised of 83.2% salary and 16.8% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth HK$325.30K. The average tenure of the management team and the board of directors is 2.5 years and 1.9 years respectively.

Key information

Hongjun Zhang

Chief executive officer

CN¥1.4m

Total compensation

CEO salary percentage83.2%
CEO tenure1.9yrs
CEO ownership0.001%
Management average tenure2.5yrs
Board average tenure1.9yrs

Recent management updates

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

CEO Compensation Analysis

How has Hongjun Zhang's remuneration changed compared to Angang Steel's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CN¥6b

Jun 30 2024n/an/a

-CN¥5b

Mar 31 2024n/an/a

-CN¥5b

Dec 31 2023CN¥1mCN¥1m

-CN¥3b

Sep 30 2023n/an/a

-CN¥2b

Jun 30 2023n/an/a

-CN¥3b

Mar 31 2023n/an/a

-CN¥2b

Dec 31 2022CN¥170kCN¥150k

CN¥108m

Sep 30 2022n/an/a

-CN¥380m

Jun 30 2022n/an/a

CN¥3b

Mar 31 2022n/an/a

CN¥7b

Dec 31 2021CN¥3mCN¥2m

CN¥7b

Compensation vs Market: Hongjun's total compensation ($USD189.19K) is below average for companies of similar size in the Hong Kong market ($USD492.36K).

Compensation vs Earnings: Hongjun's compensation has increased whilst the company is unprofitable.


CEO

Hongjun Zhang (50 yo)

1.9yrs

Tenure

CN¥1,370,000

Compensation

Mr. Hongjun Zhang is General Manager of Anshan Iron and Steel Group Co. Ltd from March 15, 2023 and serves as its Director. Mr. Hongjun Zhang serves as a Supervisor since February 22, 2023 at Jinneng Holdi...


Leadership Team

NamePositionTenureCompensationOwnership
Jun Wang
Executive Chairman1.2yrsCN¥300.00kno data
Hongjun Zhang
GM & Executive Director1.9yrsCN¥1.37m0.0014%
HK$ 325.3k
Baojun Wang
Deputy GM3.7yrsCN¥720.00k0.0019%
HK$ 438.3k
Jinsong Meng
Deputy General Manager8.7yrsCN¥1.42m0.0032%
HK$ 740.6k
Hua Zhang
Deputy General Managerno dataCN¥180.00kno data
Wu Guo
Controllerno datano datano data
Qiang Deng
Executive Directorless than a yearno datano data
Dongzhou Zhou
Joint Company Secretary3yrsno datano data

2.5yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 347's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jun Wang
Executive Chairman1.2yrsCN¥300.00kno data
Hongjun Zhang
GM & Executive Director1.9yrsCN¥1.37m0.0014%
HK$ 325.3k
Baojun Wang
Deputy GM3.5yrsCN¥720.00k0.0019%
HK$ 438.3k
Qiang Deng
Executive Directorless than a yearno datano data
Jianhua Wang
Independent Non-Executive Director5.5yrsCN¥120.00kno data
Keshi Zhu
Independent Non-Executive Director4yrsCN¥120.00kno data
Wanglin Wang
Independent Non Executive Director4.7yrsCN¥120.00kno data
Caimei Hu
Independent Non-Executive Directorless than a yearno datano data
Ming Liu
Shareholders’ Representative Supervisor3yrsno datano data
Yuhui Cao
Chairman of the Supervisory Board1.7yrsno datano data
Yuhai Tan
Non-Executive Directorless than a yearno datano data

1.9yrs

Average Tenure

50yo

Average Age

Experienced Board: 347's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.