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Chongqing Iron & Steel Company Limited is currently in a long term uptrend where the price is trading 35.1% above its 200 day moving average.
From a valuation standpoint, the stock is 85.1% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.6.
Chongqing Iron & Steel Company Limited's total revenue rose by 6.0% to $7B since the same quarter in the previous year.
Its net income has increased by 30.3% to $268M since the same quarter in the previous year.
Finally, its free cash flow grew by 307.0% to $816M since the same quarter in the previous year.
Based on the above factors, Chongqing Iron & Steel Company Limited gets an overall score of 5/5.
| ISIN | CNE000001R76 |
|---|---|
| Industry | Steel |
| Sector | Basic Materials |
| CurrencyCode | CNY |
| Exchange | SHG |
| Market Cap | 14B |
|---|---|
| Beta | 1.38 |
| Dividend Yield | 0.0% |
| Target Price | 43.74 |
| PE Ratio | None |
Chongqing Iron & Steel Company Limited, together with its subsidiaries, processes, produces, and sells steel plates and sections, wire rods, bar materials, and billets and thin plates in the People's Republic of China. The company is also involved in the production and sale of coking and coal chemical, pig iron and grain slag, steel slag, and steel scrap products. Its products have applications in various industries, such as machinery, architecture, engineering, automobile, motorbike, shipbuilding, offshore oil, gas cylinder, boiler, and oil and gas pipelines. The company was incorporated in 1997 and is based in Chongqing, the People's Republic of China.
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