Risk factor
Strong & resilient to price shocks
Profitability factor
Very low or no dividends
About
Chongqing Iron & Steel Company Limited, along with its affiliated entities, is a prominent player in the steel industry within the People's Republic of China. Its core business involves the processing, production, and sale of a wide array of steel products, including steel plates, structural sections, wire rods, various bar materials, as well as billets and thin plates. Beyond its primary steel offerings, the company also engages in the manufacturing and marketing of coking and coal chemical products, pig iron, grain slag, steel slag, and steel scrap. These diverse materials are extensively utilized across numerous industries, such as heavy machinery, architecture, general engineering, the automotive and motorcycle sectors, shipbuilding, offshore oil exploration, and the production of gas cylinders, boilers, and oil and gas pipelines. The company was founded in 1997 and is strategically headquartered in Chongqing, PRC.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV