Chongqing Iron & Steel Company Limited's (HKG:1053) Shares May Have Run Too Fast Too Soon

Simply Wall St.11-27

There wouldn't be many who think Chongqing Iron & Steel Company Limited's (HKG:1053) price-to-sales (or "P/S") ratio of 0.4x is worth a mention when the median P/S for the Metals and Mining industry ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2586221507?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/2055000-choice1-main-header/1585186785008","is_english":true,"pubTime":"2025-11-27 09:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2586221507","market":"us","top_or_hot":-1,"title":"Chongqing Iron & Steel Company Limited's (HKG:1053) Shares May Have Run Too Fast Too Soon","media":"Simply Wall St.","content":"<div>\n<p>There wouldn't be many who think Chongqing Iron & Steel Company Limited's (HKG:1053) price-to-sales (or \"P/S\") ratio of 0.4x is worth a mention when the median P/S for the Metals and Mining industry ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/materials/hkg-1053/chongqing-iron-steel-shares/news/chongqing-iron-steel-company-limiteds-hkg1053-shares-may-hav\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chongqing Iron & Steel Company Limited's (HKG:1053) Shares May Have Run Too Fast Too Soon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChongqing Iron & Steel Company Limited's (HKG:1053) Shares May Have Run Too Fast Too Soon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-27 09:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/hk/materials/hkg-1053/chongqing-iron-steel-shares/news/chongqing-iron-steel-company-limiteds-hkg1053-shares-may-hav><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There wouldn't be many who think Chongqing Iron & Steel Company Limited's (HKG:1053) price-to-sales (or \"P/S\") ratio of 0.4x is worth a mention when the median P/S for the Metals and Mining industry ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/materials/hkg-1053/chongqing-iron-steel-shares/news/chongqing-iron-steel-company-limiteds-hkg1053-shares-may-hav\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4104","symbol_name":"贸易公司与经销商","start_time":0,"source_url":"https://simplywall.st/stocks/hk/materials/hkg-1053/chongqing-iron-steel-shares/news/chongqing-iron-steel-company-limiteds-hkg1053-shares-may-hav","article_id":"2586221507","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/2055000-choice1-main-header/1585186785008"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/hk/materials/hkg-1053/chongqing-iron-steel-shares/news/chongqing-iron-steel-company-limiteds-hkg1053-shares-may-hav","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2586221507","pubTimestamp":1764206436,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"There wouldn't be many who think Chongqing Iron & Steel Company Limited's ( HKG:1053 ) price-to-sales (or \"P/S\") ratio...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4104":"贸易公司与经销商","BK1568":"钢铁金属股","FAST":"快扣","01053":"重庆钢铁股份","BK1225":"钢铁","BK1594":"碳中和概念股","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4567":"ESG概念","IE00BYQQ9H92.USD":"BNY MELLON GLOBAL LEADERS \"A\" (USD) ACC","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC"},"translate_title":"重庆钢铁股份有限公司（HKG：1053）的股价可能跑得太快太快","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01053":1.5,"FAST":1.5},"content_text":"There wouldn't be many who think Chongqing Iron & Steel Company Limited's (HKG:1053) price-to-sales (or \"P/S\") ratio of 0.4x is worth a mention when the median P/S for the Metals and Mining industry in Hong Kong is similar at about 0.8x.  Although, it's not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.     AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.  See our latest analysis for Chongqing Iron & Steel SEHK:1053 Price to Sales Ratio vs Industry November 27th 2025Advertisement What Does Chongqing Iron & Steel's P/S Mean For Shareholders?  Chongqing Iron & Steel hasn't been tracking well recently as its declining revenue compares poorly to other companies, which have seen some growth in their revenues on average.   One possibility is that the P/S ratio is moderate because investors think this poor revenue performance will turn around.  If not, then existing shareholders may be a little nervous about the viability of the share price.     Want the full picture on analyst estimates for the company? Then our free report on Chongqing Iron & Steel will help you uncover what's on the horizon.   Do Revenue Forecasts Match The P/S Ratio?   In order to justify its P/S ratio, Chongqing Iron & Steel would need to produce growth that's similar to the industry.   In reviewing the last year of financials, we were disheartened to see the company's revenues fell to the tune of 14%.   This means it has also seen a slide in revenue over the longer-term as revenue is down 24% in total over the last three years.  So unfortunately, we have to acknowledge that the company has not done a great job of growing revenue over that time.     Looking ahead now, revenue is anticipated to slump, contracting by 4.1% during the coming year according to the one analyst following the company.  That's not great when the rest of the industry is expected to grow by 24%.  In light of this, it's somewhat alarming that Chongqing Iron & Steel's P/S sits in line with the majority of other companies.  Apparently many investors in the company reject the analyst cohort's pessimism and aren't willing to let go of their stock right now.  There's a good chance these shareholders are setting themselves up for future disappointment if the P/S falls to levels more in line with the negative growth outlook.    The Final Word  Using the price-to-sales ratio alone to determine if you should sell your stock isn't sensible, however it can be a practical guide to the company's future prospects.  While Chongqing Iron & Steel's P/S isn't anything out of the ordinary for companies in the industry, we didn't expect it given forecasts of revenue decline.  When we see a gloomy outlook like this, our immediate thoughts are that the share price is at risk of declining, negatively impacting P/S.  If the declining revenues were to materialize in the form of a declining share price, shareholders will be feeling the pinch.     A lot of potential risks can sit within a company's balance sheet.  You can assess many of the main risks through our free balance sheet analysis for Chongqing Iron & Steel with six simple checks.   Of course, profitable companies with a history of great earnings growth are generally safer bets. So you may wish to see this free collection of other companies that have reasonable P/E ratios and have grown earnings strongly. New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2586221507","isCrawlerRequest":true}