Despite revenue growth, Angang Steel's lack of profitability may disappoint the market. The sell-off could be too severe, but profits are needed to attract new investors. The company's poor five-year performance suggests investment caution.
Angang Steel's high liabilities, dipped revenue, huge EBIT losses signal a negative outlook. It's deemed risky due to CN¥434m negative free cash flow in last year.
Ongoing EPS decline at Angang Steel might further bearish its shares. Despite that, the company's substantial dividends often benefit investors, and signs of future growth could stabilize its share price.
An exchange-traded fund designed to track the price performance of Bitcoin or other major crypto, allowing investors to participate in the market without directly purchasing the assets.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in HK Crypto ETF, ranked from highest to lowest based on real-time market data. An exchange-traded fund designed to track the price performance of Bitcoin or other major crypto, allowing investors to participate in the market without directly purchasing the assets.Displayed third-party logos, brands, or trademark images on screens or web pages are only for identification purposes and remain the property of their respective owners. Information is provided by Futu and is a non-exhaustive list of all thematic stocks for reference purposes only.
This section presents the top 5 stocks in HK Crypto ETF, ranked from highest to lowest based on real-time market data.
ANGANG STEEL Stock Forum
$Angang Steel (000898.SZ)$ $ANGANG STEEL (00347.HK)$
The changes in risk appetite in the commodities market lead to the recent price corrections on Chinese
steel and aluminum firms, which offers an opportunity to buy in $Angang Steel (000898.SZ)$, $Baoshan Iron & Steel (600019.SH)$, $ZIJIN MINING (02899.HK)$, $CMOC (03993.HK)$, and $CHALCO (02600.HK)$.
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