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$1.74 - HK$3.07
Previous CloseN/A
Volume27.16M
Average Volume (3M)19.23M
Market Cap
HK$23.01B
Enterprise ValueHK$37.68B
Total Cash (Recent Filing)HK$12.11B
Total Debt (Recent Filing)HK$27.02B
Price to Earnings (P/E)―
Beta1.08
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$2.55Price Target Upside-8.60% Downside
Rating ConsensusHold
Number of Analyst Covering3
EPS Forecast (FY)0.08
Revenue Forecast (FY)HK$79.46B
Bulls Say, Bears Say
Bulls Say
Improved Cash GenerationThe move to sustainably positive operating and free cash flow gives the company durable internal funding to cover working capital, maintenance capex and debt service without immediate capital raises. Stronger cash conversion versus prior years reduces refinancing risk and supports resilience through steel cycles.
Integrated Steel Business Serving Diversified End MarketsAn integrated steelmaking and processing footprint supplying construction, manufacturing and infrastructure creates structural demand diversification. Vertical integration helps capture value across the chain, smoothes input exposure, and supports consistent volumes when one end market softens, improving long-term stability.
Return To Positive Gross Margin And Near Break-even EarningsRestoring positive gross margins and moving to near break-even operating performance indicate operational fixes and pricing alignment. This recovery provides a base from which modest cyclical upswings can translate to sustained profits, improving the odds of durable margin expansion if demand stabilizes.
Bears Say
Extremely Thin Operating MarginsAn EBIT margin below 1% leaves minimal buffer for input-cost inflation, weaker selling prices, or downtime. In a commodity-exposed steel business this limited structural margin makes earnings volatile, constrains reinvestment capacity and heightens the chance of slipping back into losses during modest demand downturns.
Declining RevenuesA multi-period top-line decline reduces scale economies and pressures utilization. Persisting revenue contraction erodes fixed-cost absorption in an asset-heavy business, raising unit costs and making it harder to convert improved margins into durable profitability absent a recovery in end-market demand or share gains.
Elevated Leverage Vs. HistoryGross debt roughly equal to equity constrains strategic optionality in a cyclical industry. Higher leverage raises interest and refinancing sensitivity, limits capital allocation (capex/dividends) and amplifies downside risk if earnings deteriorate, making balance-sheet strength a persistent vulnerability.
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$1.74 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$23.01B.
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 88 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
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, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. It offers steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products comprising H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and rain wheels and wheel rims. It also engages in the production and distribution of ferrous metallurgy, screw threaded steels, round and section steels, angle and deformed steels, wires, and rods; sales, imports, and exports of iron ore, iron ore fines, and scrap steel; metallurgy and extended processing of ferrous metals; production and sales of coke and coke chemical products and energy; production and distribution of metallic products; design, research and development, manufacturing, maintenance, and sales of rail wheels, axles, wheel sets, bogies, and other rail equipment; trading of steel products and pig iron; and investment and trading businesses. The company was founded in 1953 and is headquartered in Maanshan, the People's Republic of China.
0323 Stock 12 Month Forecast
Average Price Target
HK$2.55
▼(-8.60% Downside)
Technical Analysis
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Options Prices
Currently, No data available
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