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0347 Stock Chart & Stats
HK$1.18
-HK$0.01(-0.84%)
At close: 4:00 PM EDT
HK$1.18
-HK$0.01(-0.84%)
Day’s Range― - ―
52-Week RangeHK$1.06 - HK$2.33
Previous CloseN/A
Volume2.84M
Average Volume (3M)5.11M
Market Cap
HK$20.29B
Enterprise ValueHK$49.12B
Total Cash (Recent Filing)HK$5.80B
Total Debt (Recent Filing)HK$37.92B
Price to Earnings (P/E)―
Beta1.40
Next Earnings
Oct 29, 2026EPS Estimate
-0.12Next Dividend Ex-DateN/A
Dividend Yield0.38%
Share Statistics
EPS (TTM)-0.53
Shares Outstanding1,411,540,000
10 Day Avg. Volume6,599,740
30 Day Avg. Volume5,109,719
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.36
Price to Sales (P/S)0.17
P/FCF Ratio-5.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$1.00Price Target Upside-15.25% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering1
EPS Forecast (FY)-0.55
Revenue Forecast (FY)HK$94.29B
Bulls Say, Bears Say
Bulls Say
Integrated Steel Value ChainAn integrated operating model spanning processing, steelmaking, and finishing gives Angang Steel broad participation across the value chain. Product diversity serving construction, machinery, and automotive customers can support scale and provide a platform for maintaining industrial relevance over the next several quarters.
Revenue ReboundThe 28.5% TTM revenue rebound indicates that shipment volumes, selling prices, or both have improved meaningfully from the prior period. Although revenue growth has not yet produced profits, a stronger top line can improve fixed-cost absorption and create operating leverage if steel spreads stabilize.
Positive Operating Cash FlowPositive TTM operating cash flow of about 3.48B shows that the core business is generating cash before investment spending despite reported losses. The improvement from 2024 provides a useful internal funding base and could support resilience if operating cash conversion remains positive.
Bears Say
Persistent Loss-making PerformanceAngang Steel has not converted its revenue rebound into sustainable profitability. Negative gross and operating profit, together with a roughly -5.3% TTM net margin and several years of losses, indicate pressure on pricing, product economics, or cost absorption that can remain material over the medium term.
Higher LeverageDebt-to-equity near 0.91 represents a sharp increase from prior years and raises financial risk while earnings remain negative. Greater leverage can reduce flexibility for capital allocation, increase sensitivity to weaker steel profitability, and make a recovery more dependent on improved operating results.
Negative Free Cash Flow And Limited DeleveragingDespite positive operating cash flow, free cash flow remains negative at about -1.56B, so the business is not currently generating surplus cash after investment needs. Cash covering only about 7.7% of debt also indicates limited deleveraging capacity without stronger profits or lower spending.
Angang Steel Co News
0347 FAQ
What was Angang Steel Co Ltd Class H’s price range in the past 12 months?
Angang Steel Co Ltd Class H lowest stock price was HK$1.05 and its highest was HK$2.33 in the past 12 months.
What is Angang Steel Co Ltd Class H’s market cap?
Angang Steel Co Ltd Class H’s market cap is HK$20.29B.
When is Angang Steel Co Ltd Class H’s upcoming earnings report date?
Angang Steel Co Ltd Class H’s upcoming earnings report date is Oct 29, 2026 which is in 10 days.
How were Angang Steel Co Ltd Class H’s earnings last quarter?
Angang Steel Co Ltd Class H released its earnings results on Aug 27, 2026. The company reported -HK$0.256 earnings per share for the quarter, missing the consensus estimate of -HK$0.081 by -HK$0.175.
Is Angang Steel Co Ltd Class H overvalued?
According to Wall Street analysts Angang Steel Co Ltd Class H’s price is currently Overvalued.
Does Angang Steel Co Ltd Class H pay dividends?
Angang Steel Co Ltd Class H pays a Annually dividend of HK$0.008 which represents an annual dividend yield of 0.38%. See more information on Angang Steel Co Ltd Class H dividends here
What is Angang Steel Co Ltd Class H’s EPS estimate?
Angang Steel Co Ltd Class H’s EPS estimate is -0.12.
How many shares outstanding does Angang Steel Co Ltd Class H have?
Angang Steel Co Ltd Class H has 1,411,540,000 shares outstanding.
What happened to Angang Steel Co Ltd Class H’s price movement after its last earnings report?
Angang Steel Co Ltd Class H reported an EPS of -HK$0.256 in its last earnings report, missing expectations of -HK$0.081. Following the earnings report the stock price went up 0.855%.
Which hedge fund is a major shareholder of Angang Steel Co Ltd Class H?
Currently, no hedge funds are holding shares in HK:0347
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
Angang Steel Co Stock Smart Score
Underperform
1
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3
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5
6
7
8
9
10
Analyst Consensus
Moderate Sell
Average Price Target:
HK$1.00 (-15.25% Downside)
HK$1.00 (-15.25% Downside)
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-57.62%
12-Months-Change
Fundamentals
Return on Equity
-11.45%
Trailing 12-Months
Asset Growth
4.58%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Angang Steel Co Ltd Class H
Established in Anshan, China, in 1997, Angang Steel Company Limited is a major enterprise primarily involved in the manufacturing, processing, and global distribution of steel products. Its extensive catalog includes hot rolled sheets, medium and thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails, sections, seamless steel pipes, and wire rods. Beyond its core steel operations, the company undertakes ferrous metal smelting, steel pressing, and specialized processing. Angang Steel also diversifies into the sale of various metal and building materials, provides wholesale and retail purchasing services, and is engaged in the development of metallurgical technologies and related equipment. Furthermore, the company handles the import, export, wholesale, and retail of technology products. Its interests extend to the energy sector, encompassing the purification of cooking gas, production of coal products and dissolved acetylene, and the sale of compressed and liquefied gases. The company's steel products are critical components across numerous industries, such as machinery, metallurgy, petroleum, chemicals, coal, electricity, railways, shipbuilding, automotive, construction, home appliances, and aviation. The entity, which exports its goods internationally, formally adopted its current name, Angang Steel Company Limited, in June 2006, having previously been known as Angang New Steel Company Limited.
0347 Stock 12 Month Forecast
Average Price Target
HK$1.00
▼(-15.25% Downside)
Technical Analysis
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