Weekly Report: what happened at Angang Steel last week (0408-0412)?

Weekly Report: what happened at Angang Steel last week (0401-0405)?

Weekly Report: what happened at Angang Steel last week (0325-0329)?

Analysts Have Lowered Expectations For Angang Steel Company Limited (HKG:347) After Its Latest Results

Angang Steel Company Limited (HKG:347) filed its full-year result last week. Revenues were 3.1% below analyst expectations. The company's shares are down 9.7% to HK$1.30 in the past week. Analysts have slashed their revenue estimates for Angang Steel to a loss next year. The consensus price target of HK$2.19 remains the same for the company.

Angang Steel Full Year 2023 Earnings: CN¥0.35 loss per share (vs CN¥0.017 profit in FY 2022)

Angang Steel's revenue is forecast to stay flat during the next 2 years. The company's shares are down 9.7% from a week ago. Revenue for the Metals and Mining industry in Hong Kong is expected to grow 6.1% in the same period. We look at the company's balance sheet to help you understand the company.

Weekly Report: what happened at Angang Steel last week (0318-0322)?

Weekly Report: what happened at Angang Steel last week (0311-0315)?

Weekly Report: what happened at Angang Steel last week (0304-0308)?

Weekly Report: what happened at Angang Steel last week (0226-0301)?

Weekly Report: what happened at Angang Steel last week (0219-0223)?

Angang Steel (HKG:347) shareholders are up 3.9% this past week, but still in the red over the last five years

The Angang Steel Company Limited (HKG:347) share price dropped 71% in the last half decade. The stock is down 49% in last year. The company grew its revenue at 5.5% per year over the last five years. The market is likely disappointed with the company's slow revenue growth. The recent uptick of 3.9% could be a positive sign of things to come. We look at historical fundamentals of the company.

Weekly Report: what happened at Angang Steel last week (0212-0216)?

Weekly Report: what happened at Angang Steel last week (0205-0209)?

Weekly Report: what happened at Angang Steel last week (0129-0202)?

Weekly Report: what happened at Angang Steel last week (0122-0126)?

Weekly Report: what happened at Angang Steel last week (0115-0119)?

Weekly Report: what happened at Angang Steel last week (0108-0112)?

Weekly Report: what happened at Angang Steel last week (0101-0105)?

Weekly Report: what happened at Angang Steel last week (1225-1229)?

Risks To Shareholder Returns Are Elevated At These Prices For Angang Steel Company Limited (HKG:347)

Angang Steel Company Limited's (HKG:347) price-to-sales ratio is 0.1x. The median P/S for the Metals and Mining industry in Hong Kong is similar at 0.4x. Angang Steel's revenue growth is expected to be lower than the broader industry. The company has a low revenue growth forecast for the next year of 3.7%.