Stock 600496 CHANGJIANG & JINGGONG STEEL BUILDING (GROUP) CO., LTD
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Ratings Changjiang & Jinggong Steel Building (Group) Co., Ltd

Equities

600496

CNE000001BH7

End-of-day quote Shanghai S.E.
Other stock markets
 06:00:00 2024-04-23 pm EDT 		5-day change 1st Jan Change
2.78 CNY +0.72% Intraday chart for Changjiang & Jinggong Steel Building (Group) Co., Ltd +1.83% -8.85%
Apr. 18 Changjiang & Jinggong Steel Building Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Apr. 09 Changjiang & Jinggong Steel Structure's New Contract Value Rises 11% in Q1 MT

Summary

  • The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
  • Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

  • Its low valuation, with P/E ratio at 8.61 and 7.76 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
  • The stock, which is currently worth 2024 to 0.32 times its sales, is clearly overvalued in comparison with peers.
  • The company's share price in relation to its net book value makes it look relatively cheap.
  • Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

Weaknesses

  • As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
  • The company sustains low margins.
  • For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
  • The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
  • For the past year, analysts have significantly revised downwards their profit estimates.
  • For the last few months, analysts have been revising downwards their earnings forecast.
  • Over the past four months, analysts' average price target has been revised downwards significantly.
  • The average consensus view of analysts covering the stock has deteriorated over the past four months.
  • Over the past twelve months, analysts' consensus has been significantly revised downwards.
  • The group usually releases earnings worse than estimated.

Ratings chart - Surperformance

Sector: Iron & Steel

1st Jan change Capi. Investor Rating ESG Refinitiv
CHANGJIANG & JINGGONG STEEL BUILDING (GROUP) CO., LTD Stock Changjiang & Jinggong Steel Building (Group) Co., Ltd
-8.85% 758M -
NUCOR CORPORATION Stock Nucor Corporation
-0.74% 41.91B
B-
TATA STEEL LIMITED Stock Tata Steel Limited
+18.64% 24.15B
C+
POSCO HOLDINGS INC. Stock POSCO Holdings Inc.
-20.72% 21.64B
B
STEEL DYNAMICS, INC. Stock Steel Dynamics, Inc.
+10.01% 21.19B
B
NIPPON STEEL CORPORATION Stock Nippon Steel Corporation
+8.08% 20.78B
B
ARCELORMITTAL Stock ArcelorMittal
-7.93% 20.57B
C+
JFE HOLDINGS, INC. Stock JFE Holdings, Inc.
+9.03% 9.78B
B
CLEVELAND-CLIFFS INC. Stock Cleveland-Cliffs Inc.
-10.28% 8.82B
B+
STEEL AUTHORITY OF INDIA LIMITED Stock Steel Authority of India Limited
+33.16% 7.55B
B-
Investor Rating
Trading Rating
ESG Refinitiv
-

Financials

Sales growth
Earnings Growth
EBITDA / Sales
Profitability
Finances

Valuation

P/E ratio
EV / Sales
Price to Book
Price to Free Cash Flow
-
Yield

Momentum

1 year Revenue revision
4 months Revenue revision
7 days Revenue revision
1 year EPS revision
4 months EPS revision

Consensus

Analyst Opinion
Potential Price Target
4m Target Price Revision
4m Revision of opinion
12m Revision of opinion

Business Predictability

Analyst Coverage
Divergence of Estimates
Divergence of analysts' opinions
Divergence of Target Price
Earnings quality

Technical analysis

ST Timing
MT Timing
LT Timing
RSI
Bollinger Spread
Unusual volumes
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