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Angang Steel Co (0347) Stock Price & Analysis

3 Followers

0347 Stock Chart & Stats

HK$1.01HK$0.01(1.00%)
At close: 4:00 PM GMT+8
HK$1HK$1.1HK$1.2Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
HKD 1.00 - HKD 1.01
52-Week Range
HKD 0.99 - HKD 2.33
Previous Close
HKD 1.00
Volume
N/A
Average Volume (3M)
5.42M
Market Cap
HKD 19.18B
Enterprise Value
HKD 47.83B
Total Cash (Recent Filing)
HKD 4.10B
Total Debt (Recent Filing)
HKD 14.38B
Price to Earnings (P/E)
―
Beta
1.37
Next Earnings
Apr 01, 2027 (Est.)
EPS Estimate
-0.54
Last Dividend Ex-Date
Jun 01, 2023
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Integrated Steel Platform

An integrated production platform gives Angang Steel control across multiple stages of the steel value chain and supports a broad product offering. Exposure to flat and long steel serves construction, machinery, and automotive customers, providing diversified industrial end markets.

Equity Cushion

The sizable equity base provides a financial cushion relative to reported debt and may help the company withstand cyclical weakness in steel markets. This capital support offers some flexibility while management addresses losses, investment needs, and changing operating conditions.

Positive Operating Cash Flow

Positive trailing operating cash flow indicates that the core business is currently converting operations into cash despite weak reported profitability. This can support near-term liquidity and working-capital needs, although the benefit depends on whether cash generation remains consistent.

Bears Say

Severe Revenue And Profit Deterioration

The sharp revenue contraction and negative gross and operating profit show that current business economics are under substantial pressure. Continued losses reduce internal funding capacity, weaken returns on invested capital, and make a durable recovery dependent on improved pricing, spreads, or costs.

Negative Free Cash Flow

Negative free cash flow means operating cash is not currently sufficient to cover investment needs, creating an ongoing cash burn after spending. The multi-year pattern suggests this is not only a single-period issue and could constrain reinvestment, deleveraging, or shareholder returns.

Higher Leverage And Negative Returns

Worsening leverage alongside deeply negative ROE indicates that capital is not currently generating shareholder value and losses are eroding returns. If weak profitability persists, higher debt relative to equity can reduce financial flexibility and increase pressure on future capital allocation.

Angang Steel Co News

0347 FAQ

What was Angang Steel Co’s price range in the past 12 months?
Angang Steel Co lowest stock price was HK$0.99 and its highest was HK$2.33 in the past 12 months.
What is Angang Steel Co’s market cap?
Angang Steel Co’s market cap is HK$19.18B.
When is Angang Steel Co’s upcoming earnings report date?
Angang Steel Co’s next earnings report is estimated for Apr 01, 2027 (not yet confirmed), which is in 140 days.
How were Angang Steel Co’s earnings last quarter?
Angang Steel Co released its earnings results on Oct 29, 2026. The company reported -HK$0.247 earnings per share for the quarter, missing the consensus estimate of -HK$0.122 by -HK$0.125.
Is Angang Steel Co overvalued?
According to Wall Street analysts Angang Steel Co’s price is currently Overvalued.
Does Angang Steel Co pay dividends?
Angang Steel Co pays an annual dividend of HK$0.008 which represents an annual dividend yield of ―. See more information on Angang Steel Co dividends here
What is Angang Steel Co’s EPS estimate?
Angang Steel Co’s EPS estimate is -0.54.
How many shares outstanding does Angang Steel Co have?
Angang Steel Co has 1,411,540,000 shares outstanding.
What happened to Angang Steel Co’s price movement after its last earnings report?
Angang Steel Co reported an EPS of -HK$0.247 in its last earnings report, missing expectations of -HK$0.122. Following the earnings report the stock price went down -0.493%.
Which hedge fund is a major shareholder of Angang Steel Co?
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