Report
EUR 13.93 For Business Accounts Only

HBIS CO LTD remains attractive despite its increased risk and the slight downgrade to Slightly Positive.

The independent financial analyst theScreener just conducted a double requalification of HBIS CO LTD (CN), active in the Steel industry. As regards its fundamental valuation, the title receives a new star(s) and now shows 4 out of 4 possible stars. Its market behaviour has slightly deteriorated and can be qualified as moderately risky. theScreener considers that the title remains attractive despite its general evaluation downgrade to Slightly Positive. As of the analysis date February 22, 2022, the closing price was CNY 2.59 and its potential was estimated at CNY 2.87.
Underlying
HBIS Co. Ltd. Class A

Hebei Iron & Steel is engaged in the smelting and processing of iron, steel and other ferrous metal products. Through its subsidiaries, Co. is also engaged in the production and sale of acid pickling cold-rolled plate, aluminum zinc alloy, coating plate, medium and thick boards, cement, coke, coke oven gas, lime, ore pellets and other coked products; mining and trading; procurement and processing of fine iron powder; processing and distribution of panel; as well as provision of metallurgy technical services and warehousing. Co.'s main products include iron, steel and vanadium products.

Provider
TheScreener
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