Shougang Concord Century Holding Ltd. (0103) AI Stock Analysis

• Market Cap: €1.18B
• Dividend Yield: 2.3%
• Average Volume (3M): 1.84M
• Price to Earnings (P/E): 28.1
• Beta (1Y): 0.16
• Revenue Growth: -3.91%
• EPS Growth: -46.06%
• Country: HK
• Employees: 2,498
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Steel
• EPS (TTM): 0.02
• Shares Outstanding: 2,702,567,000
• 10 Day Avg. Volume: 3,105,621
• 30 Day Avg. Volume: 1,836,784
• PEG Ratio: -0.21
• Price to Book (P/B): 0.26
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.22
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: ―

The overall stock score of 54 reflects moderate financial performance with stable equity and low leverage, but challenges in profitability and cash flow visibility. Technical indicators suggest a weak momentum, and the stock is slightly overvalued with a high P/E ratio. The dividend yield offers some compensation for the risks.

Shougang Concord Century Holding Ltd. Business Overview & Revenue Model

Company Description

Shougang Concord Century Holdings Ltd. (0103) is a Hong Kong-based investment holding company primarily engaged in the production and sale of steel cords. These steel cords are primarily used for radial tires. The company also manufactures and sells copper and brass products. Operating within the industrial manufacturing sector, Shougang Concord Century serves both domestic and international markets, leveraging its strategic position in the steel and metal industries to deliver high-quality products to its customers.

How the Company Makes Money

Shougang Concord Century Holdings Ltd. generates revenue primarily through the production and sale of steel cords, which are essential components in the manufacturing of radial tires used in the automotive industry. This constitutes the company's core revenue stream. Additionally, the company is involved in the manufacturing and sale of copper and brass products, which contribute to its earnings. Shougang Concord Century benefits from its strategic partnerships and collaborations within the steel and metal industries, enhancing its market reach and operational efficiency. These partnerships, along with a focus on quality manufacturing processes, play a significant role in driving the company's profitability.

Shougang Concord Century Holding Ltd. Financial Statement Overview

Summary

Shougang Concord Century Holding Ltd. shows moderate financial health with stable equity levels and manageable debt. However, profitability ratios and cash flow visibility present challenges. The company should focus on improving operational efficiencies and cash generation to enhance overall financial performance.

Income Statement

The company has experienced fluctuating revenue growth, with a decline in the most recent year. Gross profit margin stands at approximately 13.6%, and net profit margin has decreased to 1.3% from the previous year's 2.5%. EBIT margin is relatively low at 1.3%, indicating potential challenges in operational efficiencies. EBITDA margin is at 5.6%, reflecting moderate profitability from core operations.

Balance Sheet

The company's debt-to-equity ratio is approximately 0.33, indicating a relatively low level of leverage. Return on equity stands at 1.8%, which is lower than the industry average, reflecting limited profitability on shareholders' investments. The equity ratio is around 51.6%, suggesting a solid capital structure with a healthy proportion of equity.

Cash Flow

The absence of operating cash flow and free cash flow in the latest report is concerning, as it limits visibility into cash generation capabilities. Historically, free cash flow has been volatile, with significant swings over the years. The company needs to improve cash flow stability to support financial health.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.40B	2.49B	2.46B	2.69B	2.04B
	Gross Profit
325.57M	374.17M	330.54M	414.55M	394.32M
	EBIT
31.29M	84.89M	82.93M	107.95M	167.70M
	EBITDA
133.10M	186.70M	194.00M	217.85M	260.02M
	Net Income Common Stockholders
31.65M	62.51M	47.86M	80.88M	148.25M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
374.21M	77.64M	145.81M	73.49M	93.26M
	Total Assets
3.46B	3.31B	3.33B	3.97B	3.37B
	Total Debt
587.87M	487.98M	588.36M	690.65M	492.86M
	Net Debt
213.66M	410.85M	442.56M	617.16M	399.60M
	Total Liabilities
1.68B	1.62B	1.67B	2.24B	1.73B
	Stockholders Equity
1.79B	1.69B	1.66B	1.73B	1.65B
Cash Flow		Free Cash Flow
0.00	-4.94M	46.86M	132.54M	319.17M
	Operating Cash Flow
0.00	147.48M	179.37M	275.59M	494.95M
	Investing Cash Flow
0.00	-85.78M	-25.53M	-243.91M	-194.34M
	Financing Cash Flow
0.00	-126.96M	-72.20M	-53.83M	-260.46M

Shougang Concord Century Holding Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0103, the sentiment is Positive. The current price of 0.45 is above the 20-day moving average (MA) of 0.42, above the 50-day MA of 0.43, and above the 200-day MA of 0.39, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 63.31 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0103.

Shougang Concord Century Holding Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1618	75 Outperform	€61.53B	5.34	5.56%	5.00%	-19.10%	-30.15%
0393	67 Neutral	HK$1.92B	31.53	2.39%	9.06%	10.83%	41.96%
0103	54 Neutral	€1.18B	28.06	1.79%	2.30%	-3.91%	-46.06%
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	4.14%	2.90%	-30.49%
0347	48 Neutral	HK$22.22B	―	-12.08%	―	-7.61%	-25.34%
1053	42 Neutral	€12.12B	―	-16.73%	―	-29.52%	-73.10%
0369	42 Neutral	€2.02B	―	-10.95%	5.41%	17.16%	-187.44%

Shougang Concord Century Holding Ltd. Corporate Events

Shougang Concord Century Holdings Reports 2024 Financial Results

Shougang Concord Century Holdings Limited announced its audited consolidated results for the year ending December 31, 2024. The company reported a decrease in revenue and gross profit compared to the previous year, with revenue at HK$2,396,950,000 and gross profit at HK$325,569,000. Despite a challenging year, the company managed to maintain profitability with a net profit of HK$31,647,000. The total comprehensive income for the year showed a loss of HK$13,099,000, attributed mainly to exchange differences and revaluation losses. These results indicate a challenging market environment impacting the company’s financial performance.

Shougang Concord Century Holdings Announces Final Dividend for 2024

Shougang Concord Century Holdings Ltd. has announced a final ordinary cash dividend of HKD 0.0171 per share for the financial year ending December 31, 2024. The dividend will be paid on July 31, 2025, following shareholder approval on June 10, 2025, with an ex-dividend date set for July 16, 2025. This announcement reflects the company’s financial performance and commitment to returning value to its shareholders.

Shougang Century Holdings Joins FTSE Global Equity Index Series

Shougang Century Holdings Limited has been included in the FTSE Global Equity Index Series, which encompasses the FTSE Global Total Cap Index and the FTSE Global Micro Cap Index. This inclusion, effective from March 21, 2025, is seen as a recognition of the company’s performance and value by the international capital market, potentially enhancing its reputation and increasing trading liquidity.

Shougang Century Holdings to Review Year-End Financials and Dividend

Shougang Century Holdings Limited has announced that its board of directors will meet on March 31, 2025, to approve the company’s final results for the year ending December 31, 2024, and to consider the payment of a final dividend. This meeting is significant as it will determine the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.

Shougang Century Projects Significant Profit Decline Amidst Industry Competition

Shougang Concord Century Holdings Limited has announced an expected decrease in profit after tax by 40% to 60% for the fiscal year ending December 31, 2024, compared to the previous year. Despite a moderate increase in automotive demand and tyre sales, fierce industry competition has led to declining steel cord prices, impacting gross profit margins. The final audited results will be released in March 2025, and stakeholders are advised to exercise caution when dealing with the company’s shares.