Shougang Fushan Resources Group (SZSC:639) - Stock Price, News & Analysis

639 Stock Overview

An investment holding company, engages in the business of raw coal mining and processing, and sales of raw and clean coal in the People's Republic of China. More details

639 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 4.5% below our estimate of its fair value

Analysts in good agreement that stock price will rise by 22.6%

Risk Analysis

Earnings are forecast to decline by an average of 4.7% per year for the next 3 years

Unstable dividend track record

Shareholders have been diluted in the past year

Shougang Fushan Resources Group Limited Competitors

Tiangong International

SEHK:826

HK$5.5b

Mongolian Mining

SEHK:975

HK$8.9b

China Hanking Holdings

SEHK:3788

HK$1.5b

Perennial Energy Holdings

SEHK:2798

HK$1.6b

Price History & Performance

Summary of all time highs, changes and price drops for Shougang Fushan Resources Group
Historical stock prices
Current Share Price	HK$2.62
52 Week High	HK$3.64
52 Week Low	HK$2.47
Beta	0.64
11 Month Change	-6.43%
3 Month Change	-0.76%
1 Year Change	-6.76%
33 Year Change	28.43%
5 Year Change	55.95%
Change since IPO	55.95%

Recent updates

Shareholder Returns

	639	HK Metals and Mining	HK Market
7D	-2.2%	0.4%	-0.6%
1Y	-6.8%	24.8%	9.6%

Return vs Industry: 639 underperformed the Hong Kong Metals and Mining industry which returned 24.8% over the past year.

Return vs Market: 639 underperformed the Hong Kong Market which returned 9.6% over the past year.

Price Volatility

Is 639's price volatile compared to industry and market?
639 volatility
639 Average Weekly Movement	4.7%
Metals and Mining Industry Average Movement	8.2%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	19.2%
10% least volatile stocks in HK Market	4.3%

Stable Share Price: 639 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 639's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1985	4,155	Wenli Fan	www.shougang-resources.com.hk

Shougang Fushan Resources Group Limited, an investment holding company, engages in the business of raw coal mining and processing, and sales of raw and clean coal in the People's Republic of China. The company owns and operates the Xingwu coal mine covering an area of approximately 11.6 square kilometers; the Jinjiazhuang coal mine covering an area of approximately 6.08 square kilometers; and the Zhaiyadi coal mine covering an area of approximately 13.9 square kilometers located in the Liulin County, Shanxi Province. It primarily serves steel manufacturers.

Shougang Fushan Resources Group Limited Fundamentals Summary

How do Shougang Fushan Resources Group's earnings and revenue compare to its market cap?
639 fundamental statistics
Market cap	HK$13.34b
Earnings (TTM)	HK$1.49b
Revenue (TTM)	HK$4.95b

8.9x

P/E Ratio

2.7x

P/S Ratio

Is 639 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
639 income statement (TTM)
Revenue	HK$4.95b
Cost of Revenue	HK$2.31b
Gross Profit	HK$2.64b
Other Expenses	HK$1.15b
Earnings	HK$1.49b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.29
Gross Margin	53.36%
Net Profit Margin	30.20%
Debt/Equity Ratio	0%

How did 639 perform over the long term?

See historical performance and comparison

Dividends

10.7%

Current Dividend Yield

90%

Payout Ratio

639 Stock Overview

Rewards

Risk Analysis

Shougang Fushan Resources Group Limited Competitors

SEHK:826

HK$5.5b

SEHK:975

HK$8.9b

SEHK:3788

HK$1.5b

SEHK:2798

HK$1.6b

Price History & Performance

Recent News & Updates

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 15%

Upcoming dividend of HK$0.09 per share

Shougang Fushan Resources Group Limited Appoints Li Zeping as Independent Non-Executive Director, Member of the Nomination and Remuneration Committee and Change in Composition of Board Committees

First half dividend reduced to HK$0.09

Shougang Fushan Resources Group Limited Announces Ordinary Interim (Semi-Annual) Dividend for the Six Months Ended 30 June 2024, Payable on 7 November 2024

Recent updates

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 15%

Upcoming dividend of HK$0.09 per share

Shougang Fushan Resources Group Limited Appoints Li Zeping as Independent Non-Executive Director, Member of the Nomination and Remuneration Committee and Change in Composition of Board Committees

First half dividend reduced to HK$0.09

Shougang Fushan Resources Group Limited Announces Ordinary Interim (Semi-Annual) Dividend for the Six Months Ended 30 June 2024, Payable on 7 November 2024

Shougang Fushan Resources Group Limited to Report First Half, 2024 Results on Aug 29, 2024

Shougang Fushan Resources Group Limited Announces Executive Changes

Shougang Fushan Resources Group Limited Announces Board and Committee Changes

Upcoming dividend of HK$0.18 per share

Full year 2023 earnings released: EPS: HK$0.38 (vs HK$0.54 in FY 2022)

New major risk - Revenue and earnings growth

Final dividend reduced to HK$0.18

Shougang Fushan Resources Group Limited, Annual General Meeting, May 30, 2024

Full year 2023 earnings released: EPS: HK$0.38 (vs HK$0.54 in FY 2022)

Shougang Fushan Resources Group Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 26 July 2024

Shougang Fushan Resources Group Limited to Report Fiscal Year 2023 Results on Mar 27, 2024

Shougang Fushan Resources Group Limited Announces Board Changes

Shougang Fushan Resources Group Limited Announces Demise of Mr. Shen Zongbin, Independent Non-Executive Director of the Company and A Member of Each of the Audit Committee, Nomination Committee and Remuneration Committee

Upcoming dividend of HK$0.10 per share at 14% yield

Shougang Fushan Resources Group Limited Announces an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 9 November 2023

Shougang Fushan Resources Group Limited Announces an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 9 November 2023

Shougang Fushan Resources Group Limited to Report Q2, 2023 Results on Aug 30, 2023

Investor sentiment deteriorates as stock falls 18%

Upcoming dividend of HK$0.28 per share at 18% yield

Shougang Fushan Resources Group Limited Announces the Retirement of Liu Qingshan as Executive Director, Deputy Managing Director of the Company and A Member of the Executive Committee

Full year 2022 earnings released: EPS: HK$0.54 (vs HK$0.50 in FY 2021)

Less than half of directors are independent

Independent Non-Executive Director recently bought HK$115k worth of stock

Upcoming dividend of HK$0.15 per share

Deputy MD & Executive Director recently bought HK$1.3m worth of stock

First half 2022 earnings released: EPS: HK$0.32 (vs HK$0.13 in 1H 2021)

Shougang Fushan Resources Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 04 November 2022

Shougang Fushan Resources Group Limited to Report First Half, 2022 Results on Aug 30, 2022

Shougang Fushan Resources Group Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of HK$0.32 per share

Investor sentiment deteriorated over the past week

Shougang Fushan Resources Group Limited Announces Management Changes

Full year 2021 earnings released: EPS: HK$0.50 (vs HK$0.21 in FY 2020)

Less than half of directors are independent

Investor sentiment improved over the past week

Shougang Fushan Resources Group Limited Provides Earnings Guidance for the Year Ended 31 December 2021

Deputy MD & Executive Director recently bought HK$785k worth of stock

Independent Non-Executive Director recently bought HK$664k worth of stock

Upcoming dividend of HK$0.08 per share

Investor sentiment improved over the past week

First half 2021 earnings released: EPS HK$0.13 (vs HK$0.10 in 1H 2020)

Independent Non-Executive Director Wah Sze Kee has left the company

Upcoming dividend of HK$0.09 per share

Deputy MD & Executive Director recently sold HK$2.3m worth of stock

Investor sentiment improved over the past week

Independent Non-Executive Director recently bought HK$196k worth of stock

Full year 2020 earnings released: EPS HK$0.21 (vs HK$0.21 in FY 2019)

Full year 2020 earnings released: EPS HK$0.21 (vs HK$0.21 in FY 2019)

Shougang Fushan Resources Group Limited to Report Fiscal Year 2020 Results on Mar 25, 2021

Investor sentiment improved over the past week

New 90-day high: HK$2.04

New 90-day high: HK$1.87