Earnings Alerts

China Steel (2002) Earnings: May Sales Reach NT$31.91B Despite 2.58% Decline

  • Sales Revenue: China Steel reported sales of NT$31.91 billion in May 2024.
  • Sales Decline: The sales figure represents a decrease of 2.58% compared to the previous period.
  • Analyst Recommendations:
    • 4 analysts rated the stock as a “buy”.
    • 8 analysts rated the stock as a “hold”.
    • 3 analysts rated the stock as a “sell”.

A look at China Steel Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
Resilience2
Momentum3
OVERALL SMART SCORE3.2

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

In assessing the long-term outlook for China Steel Corporation based on the Smartkarma Smart Scores, the company received a notably high score of 5 for Value, indicating a strong valuation position within the market. Additionally, the company scored a solid 4 for Dividend, reflecting its ability to provide investors with attractive dividend returns. However, China Steel‘s Growth and Resilience scores were lower at 2 each, suggesting potential challenges in terms of expansion and sustainability in the face of market uncertainties. Furthermore, the Momentum score of 3 implies a moderate level of market momentum for the company.

China Steel Corporation, a leading manufacturer of various steel products such as hot rolled coils, cold rolled coils, wire rods, steel plates, and steel bars, presents a mixed outlook from the Smartkarma Smart Scores evaluation. While the company showcases strong value and dividend potential, its growth and resilience factors may require closer attention for long-term sustainability and expansion strategies. With a moderate momentum score, China Steel‘s future trajectory could be influenced by how effectively it addresses these growth and resilience challenges.

### Summary: China Steel Corporation manufactures and markets a variety of steel products. The main products are hot rolled coils and sheets, cold rolled coils and sheets, wire rods, steel plates, and steel bars. ###


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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