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Angang Steel Company Limited is currently in a long term uptrend where the price is trading 19.8% above its 200 day moving average.
From a valuation standpoint, the stock is 90.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.4.
Angang Steel Company Limited's total revenue rose by 6.3% to $30B since the same quarter in the previous year.
Its net income has increased by 904.6% to $653M since the same quarter in the previous year.
Finally, its free cash flow fell by 19.5% to $2B since the same quarter in the previous year.
Based on the above factors, Angang Steel Company Limited gets an overall score of 4/5.
CurrencyCode | CNY |
---|---|
Exchange | SHE |
Sector | Basic Materials |
Industry | Steel |
ISIN | CNE000000SQ4 |
Market Cap | 28B |
---|---|
PE Ratio | 156.0 |
Beta | 1.6 |
Target Price | 3.2 |
Dividend Yield | 7.1% |
Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China. 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. In addition, it sells metal materials and products, and building materials, etc.; provides wholesale and retail purchasing services; develops metallurgy and related materials and equipment; and purchases and sells metal and other materials, as well as imports, exports, wholesales, and retails technology products. Further, the company engages in the purification of cooking gas; production of coal products and dissolved acetylene; and sale of compressed and liquefied gas. The company's products are used in various industries, such as machinery, metallurgy, petroleum, chemical industry, coal, electricity, railway, ship, automobile, construction, home appliances, and aviation industries. It also exports its products. The company was formerly known as Angang New Steel Company Limited and changed its name to Angang Steel Company Limited in June 2006. Angang Steel Company Limited was founded in 1997 and is headquartered in Anshan, China.
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