347 logo

Angang Steel SHSC:347 Stock Report

Last Price

HK$1.33

Market Cap

HK$22.6b

7D

-1.5%

1Y

-48.8%

Updated

03 May, 2024

Data

Company Financials +

Angang Steel Company Limited

SHSC:347 Stock Report

Market Cap: HK$22.6b

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.

347 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 347 from our risk checks.

Angang Steel Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Angang Steel
Historical stock prices
Current Share PriceHK$1.33
52 Week HighHK$2.87
52 Week LowHK$1.20
Beta1.48
1 Month Change0%
3 Month Change7.26%
1 Year Change-48.85%
3 Year Change-77.23%
5 Year Changen/a
Change since IPO-57.23%

Recent News & Updates

Recent updates

Shareholder Returns

347HK Metals and MiningHK Market
7D-1.5%-1.6%2.2%
1Y-48.8%18.2%-7.9%

Return vs Industry: 347 underperformed the Hong Kong Metals and Mining industry which returned 18.6% over the past year.

Return vs Market: 347 underperformed the Hong Kong Market which returned -8.1% over the past year.

Price Volatility

Is 347's price volatile compared to industry and market?
347 volatility
347 Average Weekly Movement6.6%
Metals and Mining Industry Average Movement8.1%
Market Average Movement7.5%
10% most volatile stocks in HK Market14.9%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 347 has not had significant price volatility in the past 3 months.

Volatility Over Time: 347's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199726,964Hongjun Zhangwww.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

How do Angang Steel's earnings and revenue compare to its market cap?
347 fundamental statistics
Market capHK$22.62b
Earnings (TTM)-HK$5.15b
Revenue (TTM)HK$118.77b

0.1x

P/S Ratio

-2.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
347 income statement (TTM)
RevenueCN¥110.00b
Cost of RevenueCN¥112.22b
Gross Profit-CN¥2.22b
Other ExpensesCN¥2.55b
Earnings-CN¥4.76b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.51
Gross Margin-2.02%
Net Profit Margin-4.33%
Debt/Equity Ratio12.7%

How did 347 perform over the long term?

See historical performance and comparison
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