Earnings Alerts

China Steel (2002) Earnings: December Sales Hit NT$29.63B with a 0.52% Increase

By January 10, 2025 No Comments
  • China Steel reported sales of NT$29.63 billion for December.
  • The sales figure represents a 0.52% increase compared to previous periods.
  • Analysts have varying opinions on the company’s stock, with 5 recommending a buy, 8 suggesting holding, and 2 advising a sell.

A look at China Steel Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth2
Resilience2
Momentum2
OVERALL SMART SCORE2.8

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

China Steel Corporation, a prominent manufacturer in the steel industry, seems to have a solid long-term outlook based on the Smartkarma Smart Scores. With a top score in the Value category, indicating strong fundamentals, the company is positioned well for future growth. While the Dividend score is in the middle range, showing moderate returns to shareholders, the Growth, Resilience, and Momentum scores are lower but suggest potential areas for improvement. Overall, China Steel Corporation’s diverse product range, including hot rolled coils, cold rolled coils, wire rods, steel plates, and steel bars, combined with its strong value proposition, paints a positive picture for its future performance.

In summary, China Steel‘s high Value score reflects its solid foundation, while the other scores, although not as high, indicate areas where the company can enhance its performance for better long-term prospects. Specializing in steel products like hot rolled coils, cold rolled coils, wire rods, steel plates, and steel bars, China Steel Corporation seems well-positioned to capitalize on future market opportunities and continue its trajectory of growth in the steel manufacturing sector.


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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