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Maanshan Iron & Steel SHSC:323 Stock Report

Last Price

HK$1.17

Market Cap

HK$17.4b

7D

2.6%

1Y

-31.2%

Updated

02 May, 2024

Data

Company Financials +

Maanshan Iron & Steel Company Limited

SHSC:323 Stock Report

Market Cap: HK$17.4b

323 Stock Overview

Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally.

323 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Maanshan Iron & Steel Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Maanshan Iron & Steel
Historical stock prices
Current Share PriceHK$1.17
52 Week HighHK$1.79
52 Week LowHK$1.07
Beta1.11
1 Month Change0%
3 Month Change3.54%
1 Year Change-31.18%
3 Year Change-72.21%
5 Year Change-65.79%
Change since IPO-43.75%

Recent News & Updates

Recent updates

Shareholder Returns

323HK Metals and MiningHK Market
7D2.6%3.4%2.6%
1Y-31.2%18.9%-7.4%

Return vs Industry: 323 underperformed the Hong Kong Metals and Mining industry which returned 18.9% over the past year.

Return vs Market: 323 underperformed the Hong Kong Market which returned -7.4% over the past year.

Price Volatility

Is 323's price volatile compared to industry and market?
323 volatility
323 Average Weekly Movement4.8%
Metals and Mining Industry Average Movement8.2%
Market Average Movement7.4%
10% most volatile stocks in HK Market15.0%
10% least volatile stocks in HK Market3.6%

Stable Share Price: 323 has not had significant price volatility in the past 3 months.

Volatility Over Time: 323's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195317,661Tianbao Renwww.magang.com.hk

Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. The company offers steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products, such as H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and train wheels and wheel rims. It also engages in the production and distribution of ferrous metallurgy, screw threaded steels, round and section steels, angle and deformed steels, wires, and rods; sale, import, and export of iron ore, iron ore fines, and scrap steel; metallurgy and extended processing of ferrous metals; production and sale of coke and coke chemical products and energy; production and distribution of metallic products; design, research and development, manufacture, maintenance, and sale of rail wheels, axles, wheel sets, bogies, and other rail equipment; trading of steel products and pig iron; and investment and trading businesses.

Maanshan Iron & Steel Company Limited Fundamentals Summary

How do Maanshan Iron & Steel's earnings and revenue compare to its market cap?
323 fundamental statistics
Market capHK$17.42b
Earnings (TTM)-HK$1.22b
Revenue (TTM)HK$104.26b

0.1x

P/S Ratio

-7.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
323 income statement (TTM)
RevenueCN¥96.59b
Cost of RevenueCN¥95.74b
Gross ProfitCN¥853.47m
Other ExpensesCN¥1.98b
Earnings-CN¥1.13b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.15
Gross Margin0.88%
Net Profit Margin-1.17%
Debt/Equity Ratio68.7%

How did 323 perform over the long term?

See historical performance and comparison
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