Shougang Fushan Resources Group Limited, an investment holding company, engages in the mining and exploration of coal resources, and production and sale of raw and clean coking coal in the People's Republic of China. More Details
Flawless balance sheet established dividend payer.
Share Price & News
How has Shougang Fushan Resources Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 639 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 639's weekly volatility (7%) has been stable over the past year.
7 Day Return
HK Metals and Mining
1 Year Return
HK Metals and Mining
Return vs Industry: 639 underperformed the Hong Kong Metals and Mining industry which returned 91.9% over the past year.
Return vs Market: 639 exceeded the Hong Kong Market which returned 13.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Shougang Fushan Resources Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StIs It Worth Considering Shougang Fushan Resources Group Limited (HKG:639) For Its Upcoming Dividend?
1 month ago | Simply Wall StZhaoqiang Chen Is The Deputy MD & Executive Director of Shougang Fushan Resources Group Limited (HKG:639) And They Just Sold 50% Of Their Shares
1 month ago | Simply Wall StDo Institutions Own Shougang Fushan Resources Group Limited (HKG:639) Shares?
Is Shougang Fushan Resources Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 639 (HK$2.06) is trading below our estimate of fair value (HK$4.91)
Significantly Below Fair Value: 639 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 639 is poor value based on its PE Ratio (10x) compared to the Hong Kong Metals and Mining industry average (9.5x).
PE vs Market: 639 is good value based on its PE Ratio (10x) compared to the Hong Kong market (10.9x).
Price to Earnings Growth Ratio
PEG Ratio: 639 is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: 639's PB Ratio (0.7x) is in line with the HK Metals and Mining industry average.
How is Shougang Fushan Resources Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 639's forecast earnings growth (5.8% per year) is above the savings rate (1.5%).
Earnings vs Market: 639's earnings (5.8% per year) are forecast to grow slower than the Hong Kong market (19% per year).
High Growth Earnings: 639's earnings are forecast to grow, but not significantly.
Revenue vs Market: 639's revenue (4.8% per year) is forecast to grow slower than the Hong Kong market (12.6% per year).
High Growth Revenue: 639's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 639's Return on Equity is forecast to be low in 3 years time (8.3%).
How has Shougang Fushan Resources Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 639 has high quality earnings.
Growing Profit Margin: 639's current net profit margins (27%) are lower than last year (29.5%).
Past Earnings Growth Analysis
Earnings Trend: 639 has become profitable over the past 5 years, growing earnings by 36.4% per year.
Accelerating Growth: 639's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 639 had negative earnings growth (-5.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (46.8%).
Return on Equity
High ROE: 639's Return on Equity (6.9%) is considered low.
How is Shougang Fushan Resources Group's financial position?
Financial Position Analysis
Short Term Liabilities: 639's short term assets (HK$6.9B) exceed its short term liabilities (HK$2.5B).
Long Term Liabilities: 639's short term assets (HK$6.9B) exceed its long term liabilities (HK$1.7B).
Debt to Equity History and Analysis
Debt Level: 639 is debt free.
Reducing Debt: 639 had no debt 5 years ago.
Debt Coverage: 639 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 639 has no debt, therefore coverage of interest payments is not a concern.
What is Shougang Fushan Resources Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 639's dividend (8.01%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.95%).
High Dividend: 639's dividend (8.01%) is in the top 25% of dividend payers in the Hong Kong market (6.32%)
Stability and Growth of Payments
Stable Dividend: 639's dividend payments have been volatile in the past 10 years.
Growing Dividend: 639's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (80%), 639's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 639's dividends in 3 years are forecast to be covered by earnings (66.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Wenli Fan (41 yo)
Mr. Fan Wenli has been Managing Director and Executive Director of Shougang Fushan Resources Group Limited (formerly known as Shougang Fushan Rsrc Grp Ltd.). since November 1, 2019. Mr. Fan is a senior min...
CEO Compensation Analysis
Compensation vs Market: Wenli's total compensation ($USD355.22K) is below average for companies of similar size in the Hong Kong market ($USD608.90K).
Compensation vs Earnings: Wenli's compensation has been consistent with company performance over the past year.
Experienced Management: 639's management team is considered experienced (3.3 years average tenure).
Experienced Board: 639's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 639 insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Shougang Fushan Resources Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Shougang Fushan Resources Group Limited
- Ticker: 639
- Exchange: SEHK
- Founded: NaN
- Industry: Steel
- Sector: Materials
- Market Cap: HK$10.407b
- Shares outstanding: 5.05b
- Website: https://www.shougang-resources.com.hk
Number of Employees
- Shougang Fushan Resources Group Limited
- Bank of East Asia Harbour View Centre
- 6th Floor
- Wan Chai
- Hong Kong
Shougang Fushan Resources Group Limited, an investment holding company, engages in the mining and exploration of coal resources, and production and sale of raw and clean coking coal in the People's Republi...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/25 10:14|
|End of Day Share Price||2021/07/23 00:00|
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.