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MarketScreener Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  China CAMC Engineering Co., Ltd.    002051   CNE000001N13

CHINA CAMC ENGINEERING CO., LTD.

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China CAMC Engineering : Baku Steel Company signs contract with Chinese company

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12/06/2018 | 11:36am EDT

Baku, Azerbaijan, Dec. 6

By Taleh Mursagulov – Trend:

Baku Steel Company has concluded a deal worth $1.17 billion with China CAMC Engineering Co., Ltd., Trend reports citing the website of the Chinese company on Dec. 6.

The agreement was signed by Deputy Director General of Baku Steel Company Mardan Aliyev and Deputy Director General of China CAMC Engineering Wang Yuhang.

The document envisages the construction of the Azerbaijan Integrated Steel Mill Complex in Ganja.

The planned capacity of the plant is 1.25 million tons of metal and 700,000 tons of sheet metal annually.

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Follow the author on Twitter: @TalehMursagulov

© 2018 Trend News Agency ALL RIGHTS RESERVED, source News Service

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Financials (CNY)
Sales 2019 11 887 M
EBIT 2019 1 631 M
Net income 2019 1 332 M
Finance 2019 5 689 M
Yield 2019 2,77%
P/E ratio 2019 10,33
P/E ratio 2020 9,17
EV / Sales 2019 0,72x
EV / Sales 2020 0,60x
Capitalization 14 189 M
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Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 9,60  CNY
Spread / Average Target -16%
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Managers
NameTitle
Yan Luo Chairman & General Manager
Hui Shi Chairman-Supervisory Board
Jian Zhou Huang Chief Financial Officer
Jia Mang Luo Director
De Cheng Wang Independent Director