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

• Market Cap: HK$1.61B
• Dividend Yield: 2.77%
• Average Volume (3M): 4.70M
• Price to Earnings (P/E): 76.1
• Beta (1Y): 0.34
• Revenue Growth: -8.90%
• EPS Growth: -79.06%
• Country: HK
• Employees: 2,498
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 0.06
• Shares Outstanding: 535,027,950
• 10 Day Avg. Volume: 3,338,000
• 30 Day Avg. Volume: 4,696,739
• PEG Ratio: -0.54
• Price to Book (P/B): 0.49
• Price to Sales (P/S): 0.36
• P/FCF Ratio: 7.97
• 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: HK$5.00
• Price Target Upside: 60.26% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: HK$3.00 ▼(-3.85% Downside)

The overall stock score reflects moderate financial health but is weighed down by weak technical indicators and high valuation concerns. The lack of earnings call data and corporate events limits further insights into the company's future prospects.

Positive Factors

Stable Capital Structure

A strong equity ratio indicates a healthy capital structure, providing financial stability and reducing reliance on debt, which is beneficial for long-term sustainability.

Low Leverage

Low leverage reduces financial risk and interest burden, allowing the company to invest more in growth opportunities and maintain operational flexibility.

Industry Position

Being a key supplier in the tire and solar industries ensures steady demand for products, supporting long-term revenue streams and market presence.

Negative Factors

Profitability Challenges

Declining profit margins indicate challenges in maintaining cost efficiency and pricing power, which could impact long-term profitability if not addressed.

Cash Flow Visibility

Lack of clear cash flow data limits insight into cash generation capabilities, posing risks to financial planning and operational funding.

Revenue Decline

A decline in revenue growth suggests potential market challenges or competitive pressures, which could hinder long-term expansion and profitability.

Shougang Concord Century Holding Ltd. Business Overview & Revenue Model

Company Description

Shougang Century Holdings Limited, an investment holding company, manufactures and sells steel cords for use in radial tyres in the People's Republic of China. It also engages in the manufacture of sawing wires and hose wires under the Eastern brand. In addition, the company invests in properties, as well as provides management, investment trading, and consulting services. It exports its products to Europe, the Middle East, and Africa, as well as North America, South America, and rest of Asia. The company was formerly known as Shougang Concord Century Holdings Limited and changed its name to Shougang Century Holdings Limited in December 2021. Shougang Century Holdings Limited was incorporated in 1991 and is based in Chai Wan, Hong Kong.

How the Company Makes Money

Shougang Concord Century Holding Ltd. generates revenue primarily through the sale of its steel products, which are supplied to construction and infrastructure projects. The steel segment constitutes the bulk of the company's revenue, with deformed bars and section steel being key products. The company benefits from strategic partnerships and contracts with construction firms and engineering companies, which provide a steady demand for its products. Additionally, revenue is supplemented through its logistics operations, which facilitate the distribution of steel products and optimize supply chain efficiencies. The real estate segment contributes to earnings through property leasing and development, capitalizing on the growing demand for urban infrastructure.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.30B	2.40B	2.49B	2.46B	2.69B	2.04B
Gross Profit	293.77M	325.57M	374.17M	330.54M	414.55M	394.32M
EBITDA	94.00M	133.10M	186.70M	189.18M	220.37M	263.23M
Net Income	18.87M	31.65M	62.51M	47.86M	80.88M	148.25M
Balance Sheet
Total Assets	3.75B	3.46B	3.31B	3.33B	3.97B	3.37B
Cash, Cash Equivalents and Short-Term Investments	637.32M	374.21M	77.64M	145.81M	73.49M	93.26M
Total Debt	673.98M	587.87M	487.98M	588.36M	690.65M	661.35M
Total Liabilities	1.80B	1.68B	1.62B	1.67B	2.24B	1.73B
Stockholders Equity	1.94B	1.79B	1.69B	1.66B	1.73B	1.65B
Cash Flow
Free Cash Flow	69.80M	109.20M	-4.94M	46.86M	132.54M	319.17M
Operating Cash Flow	132.09M	162.00M	147.48M	179.37M	275.59M	494.95M
Investing Cash Flow	-53.77M	-52.02M	-85.78M	-25.53M	-243.91M	-194.34M
Financing Cash Flow	385.72M	193.12M	-126.96M	-72.20M	-53.83M	-260.46M

Shougang Concord Century Holding Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0103, the sentiment is Negative. The current price of 3.12 is below the 20-day moving average (MA) of 3.21, below the 50-day MA of 3.36, and above the 200-day MA of 2.92, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 32.55 is Neutral, neither overbought nor oversold. The STOCH value of 12.93 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
1203	71 Outperform	HK$735.15M	4.62	6.32%	5.81%	16.92%	146.69%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
1938	61 Neutral	HK$267.95M	0.98	19.13%	―	-13.26%	63.38%
3788	54 Neutral	HK$7.81B	38.79	11.79%	1.06%	-6.73%	-21.30%
0103	51 Neutral	HK$1.61B	76.14	1.06%	2.77%	-8.90%	-79.06%
1231	46 Neutral	HK$1.36B	-85.00	-7.12%	―	-49.95%	-310.53%
0893	46 Neutral	HK$186.67M	-8.83	-3.20%	―	-32.95%	-687.50%

Shougang Concord Century Holding Ltd. Corporate Events

Shougang Century Revamps Board, Brings in HR Veteran as Executive Director

Shougang Century Holdings Limited has announced a board reshuffle effective 1 January 2026, appointing seasoned human resources executive Ms. Chen Na as an executive director and independent director Mr. Wang Jiaqiong as a member of the audit, nomination and remuneration committees, while executive director Mr. Zhang Dan will step down. Ms. Chen, a recognised HR leader with experience at Shoucheng Holdings, Beijing Shougang Fund, Shell China and Baidu, will bring extensive expertise in talent development and organisational management to the board under a service contract through 2028, for which she has declined director’s emoluments, underscoring a governance-driven, group-aligned move that may strengthen the company’s leadership structure and human capital strategy within the wider Shougang network.

The most recent analyst rating on (HK:0103) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Shougang Concord Century Holding Ltd. stock, see the HK:0103 Stock Forecast page.

Shougang Century Sets Out Board and Committee Structure

Shougang Century Holdings Limited has announced the current composition of its board of directors, detailing its executive, non-executive and independent non-executive members, including the roles of chairman, vice chairman and managing director. The company has also confirmed the membership and leadership structure of its three key board committees—Audit, Nomination and Remuneration—indicating continuity and clarity in its corporate governance arrangements, which is important for regulatory compliance, investor transparency and oversight of management decisions.

The most recent analyst rating on (HK:0103) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Shougang Concord Century Holding Ltd. stock, see the HK:0103 Stock Forecast page.

Shougang Concord Century Strengthens International Ties with New Framework Agreement

Shougang Concord Century Holdings Ltd. announced a Framework Agreement with Eastern Century and its subsidiaries to manage continuing connected transactions related to various services, including commercial advisory and new product development. This agreement supports the company’s internationalization strategy, aiming to strengthen its market position and ensure compliance with listing rules, benefiting both the company and its stakeholders.

The most recent analyst rating on (HK:0103) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Shougang Concord Century Holding Ltd. stock, see the HK:0103 Stock Forecast page.

Shougang Century Partners with Astribot for Robotics Innovation

Shougang Century Holdings Limited has entered into a strategic cooperation framework agreement with Astribot Co., Ltd., aiming to optimize resources and develop new business models. This collaboration will focus on the research and development of tendon cables for humanoid robots, supply of related materials, and establishment of industry standards, potentially enhancing Shougang’s position in the robotics field.

The most recent analyst rating on (HK:0103) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Shougang Concord Century Holding Ltd. stock, see the HK:0103 Stock Forecast page.

Shougang Concord Century Approves Share Consolidation and Share Mandate

Shougang Concord Century Holdings Ltd. announced the successful passing of all proposed resolutions during its Extraordinary General Meeting held on November 3, 2025. The key resolutions included a share consolidation, where every five issued and unissued ordinary shares will be consolidated into one, and a mandate for directors to manage additional shares up to 20% of the company’s issued shares. This move is expected to streamline the company’s share structure and potentially enhance its market positioning.

The most recent analyst rating on (HK:0103) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Shougang Concord Century Holding Ltd. stock, see the HK:0103 Stock Forecast page.

Shougang Concord Century Proposes Share Consolidation and Share Issuance Flexibility

Shougang Concord Century Holdings Ltd. has announced an extraordinary general meeting to discuss a proposed share consolidation, which aims to consolidate every five existing shares into one. This move is intended to streamline the company’s share structure and potentially enhance the marketability and trading liquidity of its shares. Additionally, the company seeks approval to empower its directors to issue additional shares, which could provide flexibility for future capital raising activities. These resolutions, if passed, could impact the company’s capital structure and provide strategic opportunities for growth.

The most recent analyst rating on (HK:0103) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Shougang Concord Century Holding Ltd. stock, see the HK:0103 Stock Forecast page.

Shougang Concord Century Holdings Announces Key Resolutions at Upcoming EGM

Shougang Concord Century Holdings Limited has announced an Extraordinary General Meeting to discuss key resolutions, including a proposed share consolidation and a mandate for directors to manage additional shares. This move could impact the company’s share structure and governance, potentially affecting shareholder value and market perception.

The most recent analyst rating on (HK:0103) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Shougang Concord Century Holding Ltd. stock, see the HK:0103 Stock Forecast page.