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1 Comment
Shandong Iron and Steel Company Ltd is currently in a long term uptrend where the price is trading 14.3% above its 200 day moving average.
From a valuation standpoint, the stock is 95.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.2.
Shandong Iron and Steel Company Ltd's total revenue rose by 29.2% to $23B since the same quarter in the previous year.
Its net income has increased by 50.5% to $135M since the same quarter in the previous year.
Finally, its free cash flow fell by 43.5% to $1B since the same quarter in the previous year.
Based on the above factors, Shandong Iron and Steel Company Ltd gets an overall score of 4/5.
| Exchange | SHG |
|---|---|
| CurrencyCode | CNY |
| ISIN | CNE000001JV1 |
| Sector | Basic Materials |
| Industry | Steel |
| PE Ratio | None |
|---|---|
| Target Price | 3.3 |
| Beta | 0.42 |
| Market Cap | 14B |
| Dividend Yield | None |
Shandong Iron and Steel Company Ltd. provides iron and steel products in China. The company offers medium and thick plates, hot-rolled coils, cold-rolled coils, section steel, high-quality steel, hot-rolled ribbed steel bars, etc. The company's products are used in automobiles, petroleum, iron and steel, road, bridge, construction, electricity, transportation, machinery, shipbuilding, light industry, home appliances, and other fields. It also exports its products to Europe, the United States, Japan, South Korea, the Middle East, Southeast Asia, and Hong Kong and other countries and regions. The company was formerly known as Jinan Iron & Steel Co. Ltd. Shandong Iron and Steel Company Ltd. was founded in 2000 and is headquartered in Jinan, China.
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