Maanshan Iron & Steel Co Ltd Class H (HK:0323)
:0323
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0323 Stock Chart & Stats
HK$2.79
HK$0.03(1.84%)
At close: 4:00 PM EST
HK$2.79
HK$0.03(1.84%)
Day’s Range― - ―
52-Week RangeHK$1.78 - HK$3.07
Previous CloseN/A
Volume27.16M
Average Volume (3M)19.23M
Market Cap
HK$22.87B
Enterprise ValueHK$37.68B
Total Cash (Recent Filing)HK$12.11B
Total Debt (Recent Filing)HK$27.02B
Price to Earnings (P/E)―
Beta1.09
Next Earnings
Sep 02, 2026EPS Estimate
0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,732,930,000
10 Day Avg. Volume29,569,640
30 Day Avg. Volume19,232,200
Financial Highlights & Ratios
PEG Ratio0.90
Price to Book (P/B)0.72
Price to Sales (P/S)0.22
P/FCF Ratio7.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$2.45Price Target Upside-12.19% Downside
Rating ConsensusHold
Number of Analyst Covering3
EPS Forecast (FY)0.08
Revenue Forecast (FY)HK$79.25B
Bulls Say, Bears Say
Bulls Say
Improved Cash GenerationTTM operating cash flow (~5.3B) and free cash flow (~3.5B) turning positive marks a durable improvement in internal funding. Stronger cash generation supports working capital, maintenance capex and gradual deleveraging, raising resilience through steel cycles versus prior negative FCF years.
Gross Margin RecoveryA return to positive gross margin (~4.8% TTM) signals restored spread between selling prices and input costs. Sustained positive gross profitability provides a structural cushion to absorb raw-material volatility, underpins incremental operating leverage and supports longer-term margin recovery.
Integrated Production ModelVertical integration across ironmaking, steelmaking and downstream processing helps control input sourcing and capture value across the chain. This business model supports cost management, product mix flexibility and steadier margins versus non-integrated competitors over multiple cycles.
Bears Say
Very Thin Operating ProfitabilityEBIT margins below 1% and near-break-even net results leave almost no operating buffer. In a commodity-exposed sector, minimal profitability makes the company highly sensitive to small adverse moves in steel prices or input costs, risking rapid return to losses.
Declining Revenue TrendPersistent revenue decline (multi-period negative growth) points to weaker end-market demand or lost volume. Reduced top-line undermines operating leverage, constrains margin expansion, and limits the firm's ability to convert improved unit economics into sustainable profit growth.
Elevated LeverageDebt roughly equal to equity (D/E ~1.12) reduces financial flexibility in a cyclical industry. Higher leverage increases interest and refinancing risk, limits capacity to invest in growth or weather prolonged downturns, and constrains options for shareholder returns or restructuring.
Maanshan Iron & Steel Co News
0323 FAQ
What was Maanshan Iron & Steel Co Ltd Class H’s price range in the past 12 months?
Maanshan Iron & Steel Co Ltd Class H lowest stock price was HK$1.78 and its highest was HK$3.07 in the past 12 months.
What is Maanshan Iron & Steel Co Ltd Class H’s market cap?
Maanshan Iron & Steel Co Ltd Class H’s market cap is HK$22.87B.
When is Maanshan Iron & Steel Co Ltd Class H’s upcoming earnings report date?
Maanshan Iron & Steel Co Ltd Class H’s upcoming earnings report date is Sep 02, 2026 which is in 83 days.
How were Maanshan Iron & Steel Co Ltd Class H’s earnings last quarter?
Maanshan Iron & Steel Co Ltd Class H released its earnings results on Apr 24, 2026. The company reported HK$0.012 earnings per share for the quarter, beating the consensus estimate of N/A by HK$0.012.
Is Maanshan Iron & Steel Co Ltd Class H overvalued?
According to Wall Street analysts Maanshan Iron & Steel Co Ltd Class H’s price is currently Overvalued.
Does Maanshan Iron & Steel Co Ltd Class H pay dividends?
Maanshan Iron & Steel Co Ltd Class H pays a Annually dividend of HK$0.022 which represents an annual dividend yield of N/A. See more information on Maanshan Iron & Steel Co Ltd Class H dividends here
What is Maanshan Iron & Steel Co Ltd Class H’s EPS estimate?
Maanshan Iron & Steel Co Ltd Class H’s EPS estimate is 0.01.
How many shares outstanding does Maanshan Iron & Steel Co Ltd Class H have?
Maanshan Iron & Steel Co Ltd Class H has 1,732,930,000 shares outstanding.
What happened to Maanshan Iron & Steel Co Ltd Class H’s price movement after its last earnings report?
Maanshan Iron & Steel Co Ltd Class H reported an EPS of HK$0.012 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.974%.
Which hedge fund is a major shareholder of Maanshan Iron & Steel Co Ltd Class H?
Currently, no hedge funds are holding shares in HK:0323
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Maanshan Iron & Steel Co Stock Smart Score
Neutral
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10
Analyst Consensus
Hold
Average Price Target:
HK$2.45 (-12.19% Downside)
HK$2.45 (-12.19% Downside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
146.20%
12-Months-Change
Fundamentals
Return on Equity
-0.09%
Trailing 12-Months
Asset Growth
8.96%
Trailing 12-Months
Company Description
Maanshan Iron & Steel Co Ltd Class H
Maanshan Iron & Steel Company Limited, established in 1953 and headquartered in Maanshan, People's Republic of China, operates as a significant manufacturer and seller of iron and steel products and their related by-products. The company's market reach extends across Mainland China, Hong Kong, and various international regions. Its extensive product portfolio encompasses a variety of steel plates, including hot-rolled, cold-rolled thin, galvanized, coil-coating, and medium-gauge options. The company also produces structural steel forms such as H-shaped and medium-shaped sections, high-speed wire rods, hot-rolled reinforcing steels, and even supplies rain wheels and wheel rims. Beyond primary steel production, Maanshan Iron & Steel is actively involved in a wide array of metallurgical activities. These include the production and distribution of ferrous metallurgy items, screw-threaded steels, and various steel profiles like round, section, angle, and deformed steels, as well as wires and rods. The company manages the entire value chain by engaging in the sale, import, and export of critical raw materials such as iron ore, iron ore fines, and scrap steel. Furthermore, it undertakes the extended processing of ferrous metals, produces and distributes coke, coke chemical products, and energy. Its operations also encompass the manufacturing and distribution of other metallic products, alongside the comprehensive design, research, development, production, maintenance, and sale of railway components, including wheels, axles, wheel sets, and bogies. Additionally, the enterprise participates in trading steel products and pig iron, coupled with diverse investment and trading ventures.
0323 Stock 12 Month Forecast
Average Price Target
HK$2.45
▼(-12.19% Downside)
Technical Analysis
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Options Prices
Currently, No data available
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