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Angang Steel Company Limited

0347.HK•HKSE
Basic Materials
Steel
HK$1.65
HK$0.02(1.23%)

Angang Steel Company Limited (0347.HK) Stock Overview

Explore Angang Steel Company Limited’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

C+

Score: 58.2/100

Key Financials

Market Cap23.2B
P/E Ratio-2.34
EPS (TTM)$-0.70
ROE-0.12%
Fundamental Analysis

AI Price Forecasts

1 Week$1.53
1 Month$1.45
3 Months$1.68
1 Year Target$0.91

0347.HK Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of Angang Steel Company Limited (0347.HK) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of C+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

The current technical analysis reveals key indicators including an RSI of 53.20, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $0.91.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of -2.34 and a market capitalization of 23.2B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Technical Indicators

53.20RSI (14)
0.00MACD
11.41ADX
Revenue Growth
-7.40%
↓ 7.40%
Profit Growth
HK$-0.64
↓ 118.67%
EPS Growth
HK$-0.64
↓ 117.14%
Operating Margin
-5.71%
↓ 68.15%
ROE
-12.25%
↓ 118.67%
Dividend Yield
0.00%
↓ 7.22%
Analyst Recommendations data is not available for 0347.HKAnalyst Recommendations details for 0347.HK are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Company Profile

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China. Its principal products include hot rolled sheets, medium and thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails and sections, seamless steel pipes and wire rods, and other products. The company also engages in ferrous metal smelting and steel pressing and processing activities. In addition, it sells metal materials and products, and building materials, etc.; provides wholesale and retail purchasing services; develops metallurgy and related materials and equipment; and purchases and sells metal and other materials, as well as imports, exports, wholesales, and retails technology products. Further, the company engages in the purification of cooking gas; production of coal products and dissolved acetylene; and sale of compressed and liquefied gas. The company's products are used in various industries, such as machinery, metallurgy, petroleum, chemical industry, coal, electricity, railway, ship, automobile, construction, home appliances, and aviation industries. It also exports its products. The company was formerly known as Angang New Steel Company Limited and changed its name to Angang Steel Company Limited in June 2006. Angang Steel Company Limited was founded in 1997 and is headquartered in Anshan, China.

CEO

Jun Wang

Employees

25,028

Headquarters

Angang factory, Anshan

Founded

1997

Frequently Asked Questions

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