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Maanshan Iron & Steel Co logo

323 - Maanshan Iron & Steel Co Share Price

HK$4.19 -0.2  -4.1%

Last Trade - 17/09/21

Sector
Basic Materials
Size
Large Cap
Market Cap £3.01bn
Enterprise Value £5.30bn
Revenue £11.35bn
Position in Universe 448th / 6154
Bullish
Bearish
Unlock 323 Revenue
Momentum
Relative Strength (%)
1m +13.4%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -12.7%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
45,109 48,275 73,228 81,952 78,263 81,614 75,876 +12.6%
+267.3 +13.4 -76.4 +62.2 +81.9
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2021, Maanshan Iron& Steel Co Ltd revenues increased 52% to RMB56.86B. Netincome increased from RMB812.3M to RMB4.64B. Revenuesreflect an increase in demand for the Company's productsand services due to favorable market conditions. Net incomebenefited from Equity Earnings -Before Taxes. increase fromRMB163.6M to RMB387.2M (income), Gain on disposal of fixedassets decrease from RMB62.2M (expense) to RMB1.2M
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

323 Revenue Unlock 323 Revenue

Net Income

323 Net Income Unlock 323 Revenue

Normalised EPS

323 Normalised EPS Unlock 323 Revenue

PE Ratio Range

323 PE Ratio Range Unlock 323 Revenue

Dividend Yield Range

323 Dividend Yield Range Unlock 323 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
()
DPS
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Net Profit
()
EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
323 EPS Forecasts Unlock 323 Revenue
Profile Summary

MAANSHAN IRON & STEEL COMPANY LIMITED is a China based company principally engaged in the production and sales of iron and steel products. The Company is mainly engaged in ironmaking, steelmaking and steel rolling business. The Company's main product is steel, which can be divided into three board categories of plates, long products and axles. The Plates mainly include thin plates and medium-thick plates. The Long Products include shaped steel and wire rods. The Axles mainly include the main train wheels, axles and rings. The Company distributes its products in the domestic market and to overseas markets.

Directors
Last Annual December 31st, 2020
Last Interim June 30th, 2021
Incorporated September 1, 1993
Public Since January 6, 1994
No. of Shareholders: 193,278
No. of Employees: 22,145
Sector Basic Materials
Industry Metals & Mining
Index
Exchange Stock Exchange of Hong Kong Limited (Dual Listing)
Shares in Issue 7,700,681,186
Free Float (0.0%)
Eligible for
ISAs
SIPPs
323 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for 323
Upcoming Events for 323
Frequently Asked Questions for Maanshan Iron & Steel Co
What is the Maanshan Iron & Steel Co share price?

As of 17/09/21, shares in Maanshan Iron & Steel Co are trading at HK$4.19, giving the company a market capitalisation of £3.01bn. This share price information is delayed by 15 minutes.

How has the Maanshan Iron & Steel Co share price performed this year?

Shares in Maanshan Iron & Steel Co are currently trading at HK$4.19 and the price has moved by 0.111k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Maanshan Iron & Steel Co price has moved by 70.19% over the past year.

What are the analyst and broker recommendations for Maanshan Iron & Steel Co?

Of the analysts with advisory recommendations for Maanshan Iron & Steel Co, there are there are currently 3 "buy" , 3 "hold" and 2 "sell" recommendations. The overall consensus recommendation for Maanshan Iron & Steel Co is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Maanshan Iron & Steel Co next release its financial results?

Maanshan Iron & Steel Co is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2022-06-30
What is the Maanshan Iron & Steel Co dividend yield?

The Maanshan Iron & Steel Co dividend yield is 3.74% based on the trailing twelve month period.

Does Maanshan Iron & Steel Co pay a dividend?

Last year, Maanshan Iron & Steel Co paid a total dividend of 0.13, and it currently has a trailing dividend yield of 3.74%. Looking ahead, Maanshan Iron & Steel Co has not announced an ex-dividend date yet.

When does Maanshan Iron & Steel Co next pay dividends?

Maanshan Iron & Steel Co has yet to annouce their ex-dividend date. The historic dividend yield on Maanshan Iron & Steel Co shares is currently 3.74%.

How do I buy Maanshan Iron & Steel Co shares?

To buy shares in Maanshan Iron & Steel Co you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Maanshan Iron & Steel Co?

Shares in Maanshan Iron & Steel Co are currently trading at HK$4.19, giving the company a market capitalisation of £3.01bn.

Where are Maanshan Iron & Steel Co shares listed? Where are Maanshan Iron & Steel Co shares listed?

Here are the trading details for Maanshan Iron & Steel Co:

Country of listing: Hong Kong
Exchange: HKG
Ticker Symbol: 323
What kind of share is Maanshan Iron & Steel Co?

Based on an overall assessment of its quality, value and momentum, Maanshan Iron & Steel Co is currently classified as a Super Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Maanshan Iron & Steel Co share price forecast 2021?

Shares in Maanshan Iron & Steel Co are currently priced at HK$4.19. At that level they are trading at 22.42% discount to the analyst consensus target price of 0.00.

Analysts covering Maanshan Iron & Steel Co currently have a consensus Earnings Per Share (EPS) forecast of 0.4941 for the next financial year.

How can I tell whether the Maanshan Iron & Steel Co share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Maanshan Iron & Steel Co. Over the past six months, the relative strength of its shares against the market has been 60.41%. At the current price of HK$4.19, shares in Maanshan Iron & Steel Co are trading at 33.32% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Maanshan Iron & Steel Co PE Ratio?

The Maanshan Iron & Steel Co PE ratio based on its reported earnings over the past 12 months is 5.1. The shares are currently trading at HK$4.19.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Maanshan Iron & Steel Co?

Maanshan Iron & Steel Co's management team is headed by:

Yi Ding - CHM
Tianbao Ren - GMG
Wenyang Zhang - GMG
Chunxia Zhang - IND
Shaofang Zhu - IND
Xianzhu Wang - IND
Ming Fu - DGM
Hongyun He - SEC
Qiangmin Wang - DRC
Maohan Zhang - DGM
Zhanhong Mao - DGM
Who are the major shareholders of Maanshan Iron & Steel Co?

Here are the top five shareholders of Maanshan Iron & Steel Co based on the size of their shareholding:

State-owned Assets Supervision and Admnstrn Commsn of the St Corporation
Percentage owned: 44.89% (778.0m shares)
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund
Percentage owned: 0.88% (15.2m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 0.82% (14.2m shares)
Vanguard Total International Stock Index Fund Mutual Fund
Percentage owned: 0.73% (12.7m shares)
HSBC Pooled Investment Fund-Hong Kong Equity Fund Mutual Fund
Percentage owned: 0.68% (11.9m shares)
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