- China Steel reported a net income of NT$1.96 billion for the first half of the year.
- The company achieved an operating profit of NT$2.07 billion during this period.
- Revenue for the first half reached NT$188.33 billion.
- Earnings per share (EPS) stood at NT$0.13.
- The stock has received 4 buy ratings, 8 hold ratings, and 3 sell ratings.
A look at China Steel Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
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 major player in the steel industry, has a promising long-term outlook based on the Smartkarma Smart Scores analysis. With a top score of 5 in Value, it indicates that the company is considered undervalued in relation to its market price. Although the Dividend, Growth, and Resilience scores are moderate at 2, China Steel does show potential for improvement in these areas over time. Momentum, rated at 3, suggests that the company is gradually gaining traction and could see increased market interest.
Specializing in manufacturing and marketing various steel products like hot rolled coils, cold rolled coils, wire rods, steel plates, and steel bars, China Steel Corporation’s overall outlook appears stable with room for growth. While there are areas for enhancement, particularly in dividends and growth, the company’s solid foundation in value and momentum bodes well for its future performance in the steel market.
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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