Maanshan Iron & Steel (323) Stock Overview
Manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for 323 from our risk checks.
323 Community Fair Values
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Maanshan Iron & Steel Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$2.55 |
| 52 Week High | HK$2.84 |
| 52 Week Low | HK$1.11 |
| Beta | 1.24 |
| 1 Month Change | -6.59% |
| 3 Month Change | 15.91% |
| 1 Year Change | 107.32% |
| 3 Year Change | 96.15% |
| 5 Year Change | 29.44% |
| Change since IPO | -30.14% |
Recent News & Updates
Recent updates
Maanshan Iron & Steel Company Limited (HKG:323) Looks Inexpensive But Perhaps Not Attractive Enough
Oct 13
Maanshan Iron & Steel Company Limited (HKG:323) Just Released Its Half-Year Earnings: Here's What Analysts Think
Aug 31Health Check: How Prudently Does Maanshan Iron & Steel (HKG:323) Use Debt?
Aug 05
Urbanization And Belt And Road Will Drive Future Steel Demand
Focus on higher-value steel products, green manufacturing, and digitalization is expected to boost margins, enhance pricing power, and support long-term profitability.Getting In Cheap On Maanshan Iron & Steel Company Limited (HKG:323) Is Unlikely
Jul 10Benign Growth For Maanshan Iron & Steel Company Limited (HKG:323) Underpins Stock's 29% Plummet
Apr 07Earnings Update: Here's Why Analysts Just Lifted Their Maanshan Iron & Steel Company Limited (HKG:323) Price Target To HK$1.80
Apr 01Is Maanshan Iron & Steel (HKG:323) Weighed On By Its Debt Load?
Mar 24Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?
Nov 04Maanshan Iron & Steel Company Limited's (HKG:323) Shares Climb 62% But Its Business Is Yet to Catch Up
Oct 07Revenues Not Telling The Story For Maanshan Iron & Steel Company Limited (HKG:323) After Shares Rise 62%
Oct 07Maanshan Iron & Steel (HKG:323) Has Debt But No Earnings; Should You Worry?
Jun 26Is Maanshan Iron & Steel (HKG:323) Using Too Much Debt?
Jan 09Maanshan Iron & Steel Company Limited (HKG:323) Shares Could Be 21% Above Their Intrinsic Value Estimate
Nov 02Is Maanshan Iron & Steel (HKG:323) Using Debt In A Risky Way?
Sep 05Calculating The Fair Value Of Maanshan Iron & Steel Company Limited (HKG:323)
Jul 14Is Maanshan Iron & Steel (HKG:323) Using Debt Sensibly?
May 18Estimating The Intrinsic Value Of Maanshan Iron & Steel Company Limited (HKG:323)
Mar 27Is Maanshan Iron & Steel (HKG:323) Weighed On By Its Debt Load?
Jan 20Does Maanshan Iron & Steel (HKG:323) Have A Healthy Balance Sheet?
Oct 19Maanshan Iron & Steel (HKG:323) Could Be At Risk Of Shrinking As A Company
Sep 26We Think Maanshan Iron & Steel (HKG:323) Can Stay On Top Of Its Debt
Jul 19Maanshan Iron & Steel's (HKG:323) Returns On Capital Are Heading Higher
Jun 28Maanshan Iron & Steel (HKG:323) Is Achieving High Returns On Its Capital
Dec 30Here's Why Maanshan Iron & Steel (HKG:323) Can Manage Its Debt Responsibly
Oct 26Returns At Maanshan Iron & Steel (HKG:323) Are On The Way Up
Sep 30Maanshan Iron & Steel (HKG:323) Will Pay A Larger Dividend Than Last Year At HK$0.16
Jul 03Shareholder Returns
| 323 | HK Metals and Mining | HK Market | |
|---|---|---|---|
| 7D | -0.4% | 2.0% | -1.3% |
| 1Y | 107.3% | 106.7% | 29.6% |
Return vs Industry: 323 matched the Hong Kong Metals and Mining industry which returned 106.7% over the past year.
Return vs Market: 323 exceeded the Hong Kong Market which returned 29.6% over the past year.
Price Volatility
| 323 volatility | |
|---|---|
| 323 Average Weekly Movement | 7.6% |
| Metals and Mining Industry Average Movement | 9.0% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in HK Market | 15.1% |
| 10% least volatile stocks in HK Market | 3.3% |
Stable Share Price: 323 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 323's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1953 | 16,631 | n/a | www.magang.com.hk |
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 provides steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products, such as H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and train wheels and wheel rims. The company also engages in the production and distribution of ferrous metallurgy, screw threaded steels, round and section steels, angle and deformed steels, wires, and rods; sale, import, and export of iron ore, iron ore fines, and scrap steel; metallurgy and extended processing of iron and steel products.
Maanshan Iron & Steel Company Limited Fundamentals Summary
| 323 fundamental statistics | |
|---|---|
| Market cap | HK$30.88b |
| Earnings (TTM) | -HK$2.23b |
| Revenue (TTM) | HK$85.02b |
Is 323 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 323 income statement (TTM) | |
|---|---|
| Revenue | CN¥77.88b |
| Cost of Revenue | CN¥76.06b |
| Gross Profit | CN¥1.81b |
| Other Expenses | CN¥3.85b |
| Earnings | -CN¥2.04b |
Last Reported Earnings
Sep 30, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.26 |
| Gross Margin | 2.33% |
| Net Profit Margin | -2.62% |
| Debt/Equity Ratio | 54.4% |
How did 323 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/01 09:19 |
| End of Day Share Price | 2025/10/31 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Maanshan Iron & Steel Company Limited is covered by 37 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ephrem Ravi | Barclays |
| Miriam Chan | BofA Global Research |
| Sharizan Rosely | CGS International |