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4-Traders Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  Hesteel Co Ltd    000709   CNE000000H20

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China steel shares mostly up after Trump launches probe

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04/21/2017 | 04:30am CEST

Shares in Chinese steel companies were mostly up in morning trade on Friday despite U.S. President Donald Trump's decision to order a probe into whether imports of foreign-made steel hurt U.S. national security.

Baoshan Iron & Steel Co's (>> Baoshan Iron & Steel Co Ltd) shares were up 0.3 percent at around 0211 GMT (10:11 p.m. ET), while shares in Angang Steel (>> Angang Steel Company Limited) and Baotou Steel (>> Inner Mongolia BaoTou Steel Union Co.,) had risen about 1 percent. Hesteel (>> Hesteel Co Ltd) advanced earlier in the morning but was trading flat by 0211 GMT.

(Reporting by John Ruwitch; Editing by Michael Perry)

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Financials ( CNY)
Sales 2017 88 185 M
EBIT 2017 6 129 M
Net income 2017 1 705 M
Debt 2017 -
Yield 2017 0,63%
P/E ratio 2017 31,70
P/E ratio 2018 28,56
Capi. / Sales 2017 0,61x
Capi. / Sales 2018 0,60x
Capitalization 53 518 M
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Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 2,60  CNY
Spread / Average Target -48%
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Managers
NameTitle
Gui Yang Li General Manager & Director
Yong Yu Chairman
Wei Jun Dong Chairman-Supervisory Board
Guang Shen Chang Chief Financial & Accounting Officer
Zhi Qiang Liu Member-Supervisory Board & Auditing Manager
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