323 Stock Overview Manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. More details
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Maanshan Iron & Steel Company Limited Competitors Price History & Performance
Summary of share price highs, lows and changes for Maanshan Iron & Steel Historical stock prices Current Share Price HK$1.38 52 Week High HK$1.55 52 Week Low HK$0.85 Beta 1.11 1 Month Change 21.05% 3 Month Change 50.00% 1 Year Change 15.97% 3 Year Change -52.90% 5 Year Change -54.61% Change since IPO -33.01%
Recent News & Updates
Maanshan Iron & Steel Company Limited Announces Change of Supervisor Nov 28
Maanshan Iron & Steel Company Limited Announces Change of H Share Registrar and Transfer Office Nov 23
Maanshan Iron & Steel Company Limited Announces Change of H Share Registrar and Transfer Office Nov 22
Third quarter 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.082 profit in 3Q 2023) Nov 05
Maanshan Iron & Steel Company Limited to Report Q3, 2024 Results on Oct 31, 2024 Sep 30 Maanshan Iron & Steel Company Limited Approves Board Appointments See more updates
Maanshan Iron & Steel Company Limited Announces Change of Supervisor Nov 28
Maanshan Iron & Steel Company Limited Announces Change of H Share Registrar and Transfer Office Nov 23
Maanshan Iron & Steel Company Limited Announces Change of H Share Registrar and Transfer Office Nov 22
Third quarter 2024 earnings released: CN¥0.18 loss per share (vs CN¥0.082 profit in 3Q 2023) Nov 05
Maanshan Iron & Steel Company Limited to Report Q3, 2024 Results on Oct 31, 2024 Sep 30 Maanshan Iron & Steel Company Limited Approves Board Appointments
Second quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.21 loss in 2Q 2023) Sep 04
Maanshan Iron & Steel Company Limited Approves Board and Committee Changes Aug 23 Maanshan Iron & Steel Company Limited Announces Executive Changes
Maanshan Iron & Steel Company Limited to Report First Half, 2024 Results on Aug 30, 2024 Jun 28
Maanshan Iron & Steel Company Limited Approves Board Appointments May 30
Maanshan Iron & Steel Company Limited, Annual General Meeting, Jun 19, 2024 May 22
First quarter 2024 earnings released: CN¥0.04 loss per share (vs CN¥0.07 loss in 1Q 2023) May 01
Maanshan Iron & Steel Company Limited Announces the Resignation of Ding Yi as Director, the Chairman, a Member and the Chairman of the Strategic and Sustainable Development Committee of the Board of Directors, and a Member of the Nomination Committee of the Board of Directors Apr 19
Full year 2023 earnings released: CN¥0.17 loss per share (vs CN¥0.12 loss in FY 2022) Mar 31
Maanshan Iron & Steel Company Limited to Report Q1, 2024 Results on Apr 30, 2024 Mar 29
Maanshan Iron & Steel Company Limited Provides Earnings Guidance for the Fiscal Year Ended December 31, 2023 Jan 30
Maanshan Iron & Steel Company Limited to Report Fiscal Year 2023 Results on Mar 29, 2024 Dec 29
Maanshan Iron & Steel Company Limited Announces Board Appointments Nov 30
Maanshan Iron & Steel Company Limited Announces Board Resignations, Effective November 30, 2023 Nov 09
Third quarter 2023 earnings released: EPS: CN¥0.082 (vs CN¥0.099 loss in 3Q 2022) Oct 29
New minor risk - Financial position Aug 31
Second quarter 2023 earnings released: CN¥0.21 loss per share (vs CN¥0.023 profit in 2Q 2022) Aug 31
Maanshan Iron & Steel Company Limited Provides Earnings Guidance from 1 January 2023 to 30 June 2023 Jul 15
Now 21% undervalued after recent price drop Jun 23
Upcoming dividend of CN¥0.02 per share at 1.6% yield Jun 14 Maanshan Iron & Steel Company Limited, Annual General Meeting, Jun 16, 2023
High number of new and inexperienced directors May 07
First quarter 2023 earnings released: CN¥0.07 loss per share (vs CN¥0.16 profit in 1Q 2022) Apr 29
Maanshan Iron & Steel Company Limited Provides Earnings Guidance for the Full Year Ended December 31, 2022 Jan 31
Now 20% undervalued Jan 05
High number of new directors Dec 16
Magang (Group) Holding Co., Ltd. entered into an agreement to acquire 71% stake in Anhui Magang Heling Industry Co., Ltd. from Maanshan Iron & Steel Company Limited (SEHK:323) for CNY 240 million. Dec 07
Magang (Group) Holding Co., Ltd. agreed to acquire 71% stake in Holly Industrial Co., Ltd. from Maanshan Iron & Steel Company Limited (SEHK:323) for approximately RMB 240 million. Dec 06
Maanshan Iron & Steel Company Limited Announces Executive Changes Dec 03
Maanshan Iron & Steel Company Limited Announces Executive Changes Dec 02
Baowu Group Finance Co., Ltd. entered into merger agreement to acquire 91% stake in Masteel Group Finance Co., Ltd from Maanshan Iron & Steel Company Limited (SEHK:323) and Magang (Group) Holding Co., Ltd. Nov 17 Maanshan Iron & Steel Plans to Sell Stakes in Two Steel Processing Units
Third quarter 2022 earnings released Oct 29
Maanshan Iron & Steel Company Limited to Report Nine Months, 2022 Results on Oct 28, 2022 Sep 30
Second quarter 2022 earnings released: EPS: CN¥0.023 (vs CN¥0.41 in 2Q 2021) Sep 02
Maanshan Iron & Steel Company Limited to Report First Half, 2022 Results on Aug 30, 2022 Aug 03
Magang (Group) Holding Co., Ltd. agreed to acquire an additional 9.88% stake in Ouye Lianjin Renewable Resources Co., Ltd. from Maanshan Iron & Steel Company Limited (SEHK:323) for approximately CNY 350 million. Jul 22
Maanshan Iron & Steel Company Limited Provides Earnings Guidance for the First Half Ended June 30, 2022 Jul 15
Investor sentiment deteriorated over the past week Jul 02
Maanshan Iron & Steel Company Limited Announces Final Dividend for the Financial Year End 31 December 2021, Payable on 21 July 2022 Jun 24
Maanshan Iron & Steel Company Limited Proposes Dividend for the Financial Year End 31 December 2021 Payable on 21 July 2022 May 12
Maanshan Iron & Steel Company Limited, Annual General Meeting, Jun 23, 2022 May 07
Maanshan Iron & Steel Company Limited to Report Q1, 2022 Results on Apr 29, 2022 Apr 07
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Mar 11
Maanshan Iron & Steel Company Limited to Report Fiscal Year 2021 Results on Mar 23, 2022 Mar 03
Maanshan Iron & Steel Company Limited Provides Earnings Guidance for the Year Ended December 31, 2021 Jan 30
Third quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.097 in 3Q 2020) Oct 28
Investor sentiment improved over the past week Aug 27
Investor sentiment improved over the past week May 10
Ou Ye Commercial Factoring Co., Ltd. signed an agreement to acquire Ma Steel (Shanghai) Commercial Factoring Company Ltd. from Magang Group Investment Co., Ltd., Ma Steel International Trade and Economics Co, Maanshan Iron & Steel Company Limited (SEHK:323), Baowu Heavy Industry Co., Ltd. and Anhui Masteel Mining Resources Co., Ltd. Apr 30
First quarter 2021 earnings released Apr 29
Investor sentiment improved over the past week Apr 11
Full year 2020 earnings released: EPS CN¥0.26 (vs CN¥0.15 in FY 2019) Mar 31
Maanshan Iron & Steel Company Limited Announces Resignation of Qian Haifan as Director Mar 21 Maanshan Iron & Steel Company Limited Announces Executive Changes
GM & Executive Director has left the company Mar 17
Deputy General Manager has left the company Mar 17
Full year 2020 earnings released: EPS CN¥0.26 (vs CN¥0.15 in FY 2019) Mar 10
Revenue beats expectations Mar 10
Investor sentiment improved over the past week Mar 05
Maanshan Iron & Steel Company Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 Mar 02
New 90-day high: HK$2.57 Feb 23
New 90-day high: HK$2.41 Jan 08
Maanshan Iron & Steel Company Limited Announces Appointment of General Manager Dec 20
New 90-day high: HK$2.24 Nov 23
Maanshan Iron & Steel Company Limited Announces Resignation of Wang Qiangmin as Director and General Manager Nov 21
Third-quarter earnings released: Revenue beats expectations Nov 01
Third quarter earnings released Nov 01
Maanshan Iron & Steel Company Limited to Report Q3, 2020 Results on Oct 30, 2020 Oct 13
New 90-day low: HK$1.74 Oct 05
Anhui Ma Steel Chemical Energy Technology Co., Ltd., entered into an equity transfer agreement to acquire 40% stake in Ma STEEL-OCI Chemical CO., Ltd from Maanshan Iron & Steel Company Limited (SEHK:323) for approximately CNY 160 million. Sep 22
New 90-day low - HK$2.03 Sep 04
Earnings released Aug 27
New 90-day low - HK$2.05 Jul 24
Maanshan Iron & Steel Company Limited to Report First Half, 2020 Results on Aug 27, 2020 Jul 10 Shareholder Returns 323 HK Metals and Mining HK Market 7D 6.2% -4.7% -0.5% 1Y 16.0% 19.7% 19.9%
See full shareholder returns
Return vs Market: 323 underperformed the Hong Kong Market which returned 19.9% over the past year.
Price Volatility Is 323's price volatile compared to industry and market? 323 volatility 323 Average Weekly Movement 11.0% Metals and Mining Industry Average Movement 7.8% Market Average Movement 8.8% 10% most volatile stocks in HK Market 18.6% 10% least volatile stocks in HK Market 4.1%
Stable Share Price: 323 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 323's weekly volatility (11%) has been stable over the past year.
About the Company 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 iron and steel products.
Show more 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 cap HK$22.25b Earnings (TTM ) -HK$2.41b Revenue (TTM ) HK$92.22b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 323 income statement (TTM ) Revenue CN¥86.53b Cost of Revenue CN¥87.03b Gross Profit -CN¥499.89m Other Expenses CN¥1.76b Earnings -CN¥2.26b
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -0.29 Gross Margin -0.58% Net Profit Margin -2.62% Debt/Equity Ratio 72.8%
How did 323 perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/22 10:29 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
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 .
Analysis Model and Snowflake Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
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Industry and Sector Metrics Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources Maanshan Iron & Steel Company Limited is covered by 62 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Ephrem Ravi Barclays James Clarke BNP Paribas Securities (Asia) Michelle W.C. Leung BOCI Research Ltd.
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