600019.SS - Baoshan Iron & Steel Co., Ltd.
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 5.95 |
| Open | 5.96 |
| Bid | 5.91 x 0 |
| Ask | 5.92 x 0 |
| Day's Range | 5.89 - 5.97 |
| 52 Week Range | 4.78 - 7.30 |
| Volume | |
| Avg. Volume | 64,290,298 |
| Market Cap | 131.57B |
| Beta (5Y Monthly) | 0.69 |
| PE Ratio (TTM) | 12.85 |
| EPS (TTM) | 0.46 |
| Earnings Date | Aug 29, 2023 - Sep 04, 2023 |
| Forward Dividend & Yield | 0.43 (7.30%) |
| Ex-Dividend Date | Jun 14, 2023 |
| 1y Target Est | 6.98 |
Fair Value
Related Research
BloombergSaudi Investment Enclaves Take Shape With Top Steelmaker’s Entry
(Bloomberg) -- Saudi Arabia has unveiled a flurry of new investment projects led by the world’s biggest steelmaker as the kingdom dangles incentives for companies willing to operate in its special economic enclaves.Most Read from BloombergTaiwan Rushes to Prevent China From Cutting Internet, PhonesWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesXi Charm Offensive Turns to Space as ‘Divine
- Reuters
RPT-UPDATE 2-China industrial profits tumble 18% in April as demand sputters
Profits at China's industrial firms slumped in the first four months of 2023, official data showed on Saturday, as companies continued to struggle with margin pressures and soft demand amid a faltering economic recovery. Profits fell 20.6% in January-April from a year earlier, compared with a 21.4% decline in the first three months, according to data from the National Bureau of Statistics (NBS). In April alone, industrial firms posted a 18.2% drop in profit year-on-year, according to the NBS, which only occasionally gives monthly figures.
- Reuters
UPDATE 2-China industrial profits tumble 18% in April as demand sputters
Profits at China's industrial firms slumped in the first four months of 2023, official data showed on Saturday, as companies continued to struggle with margin pressures and soft demand amid a faltering economic recovery. Profits fell 20.6% in January-April from a year earlier, compared with a 21.4% decline in the first three months, according to data from the National Bureau of Statistics (NBS). In April alone, industrial firms posted a 18.2% drop in profit year-on-year, according to the NBS, which only occasionally gives monthly figures.
QuartzChina and Saudi Arabia are teaming up on steel decarbonization
China and Saudi Arabia have in recent months signed multibillion-dollar energy deals. The kingdom has pledged to support China’s energy security, and Beijing has welcomed Riyadh into the Shanghai Cooperation Organization, the political and security bloc led by China and Russia.
ReutersChina's new state-run agency to start iron ore purchases -Bloomberg News
China Mineral Resources Group (CMRG), a new state-owned agency, is set to be the world's biggest iron ore buyer as soon as next year, when it will start buying for about 20 of the largest Chinese steelmakers, Bloomberg News reported. CMRG was set up this year to buy raw materials for the country's giant domestic steel industry, as Beijing steps up efforts to increase control over the natural resources needed to feed its economy. China typically buys about two-thirds of the world market's iron ore.
ReutersRio Tinto, China Baowu to develop Australian iron ore project for $2 billion
(Reuters) -Rio Tinto Ltd said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore project in Western Australia for $2 billion as it looks to prop up its production from the Pilbara region. The deal comes amid fraught ties between Australia and China - the world's top exporter and buyer of iron ore, respectively - with a recent push by Beijing to centralise purchases of iron ore stoking worries of a hit to mining giants such as Rio, BHP Group and Fortescue Metals. China's outbound direct investment in Australia has seen a steady drop since 2016, with a meagre $585 million investment in 2021 versus $11.54 billion in 2016, according to a report https://bit.ly/3QAUGjW by accounting firm KPMG and the University of Sydney.