Earnings Alerts

Baoshan Iron & Steel Co A (600019) Earnings: 1H Debt Gearing at 40.4%, Interim Dividend Announced

  • Debt Gearing: Baoshan Steel reported a debt gearing ratio of 40.4% for the first half of 2024.
  • Interim Dividend: The company announced an interim dividend of 11 RMB cents per share.
  • Analyst Ratings: Out of 21 analysts, 20 have recommended buying Baoshan Steel stock, 1 has given a hold rating, and there are no sell recommendations.

A look at Baoshan Iron & Steel Co A Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Baoshan Iron & Steel Co A is positioned for a promising long-term outlook based on the Smartkarma Smart Scores. With a top score in both Value and Dividend factors, the company showcases strong fundamentals and financial health. This indicates stability and potential for solid returns to investors as the company offers attractive value and consistent dividends.

Although Growth and Resilience scores are slightly lower, Baoshan Iron & Steel Co A still demonstrates a competitive edge in the market with a decent Momentum score. The company’s diverse product offerings and involvement in energy production further solidify its position in the industry, making it a noteworthy player to watch for sustainable growth and resilience over the long haul.

Summary: Baoshan Iron & Steel Co., Ltd. manufactures and markets a variety of iron and steel products including cold rolled plates and coils, hot rolled plates and coils, seamless steel tubes, high-speed wire rods, and steel billets. The company also operates in related energy production businesses.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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