Earnings Alerts

China Steel (2002) Earnings: February Sales Decline to NT$28.96B

  • China Steel reported sales of NT$28.96B for February.
  • The company experienced a decrease in sales, specifically -7.33%.
  • Investment sentiment towards the company is mixed, with 5 buys, 7 holds, and 3 sells.

A look at China Steel Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience2
Momentum2
OVERALL SMART SCORE3.4

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

The outlook for China Steel Corporation, a leading steel manufacturer in Asia, looks promising according to the Smartkarma Smart Scores. The company has received a high score of 5 for Value, indicating its strong financial performance and potential for growth. This is supported by its solid scores of 4 for both Dividend and Growth, highlighting its ability to generate profits and distribute dividends to shareholders.

However, China Steel‘s scores for Resilience and Momentum are slightly lower at 2, indicating some challenges in these areas. This could be due to the highly competitive nature of the steel industry and the company’s need to continuously adapt to market conditions. Nonetheless, China Steel‘s strong performance in other areas suggests a positive long-term outlook for the company. With its diverse range of steel products, including hot rolled coils, cold rolled coils, and steel plates, China Steel is well-positioned to capitalize on the growing demand for steel in various industries.


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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