600022.SS
Price:
$1.54
Market Cap:
$16.25B
Shandong Iron and Steel Company Ltd. provides iron and steel products in China, the United States, the United Kingdom, Germany, India, Japan, South Korea, and internationally. The company offers steel plates, hot-rolled coils, cold-rolled coils, H- beams, hot-rolled ribbed steel bars, and steel products. Its products are used in automobiles, petroleum, railways, bridges, construction, electricity, transportation, machinery, shipbuilding, home appliances, and light industries. Shandong Iron and Steel Company Ltd. was founded in 2008 and is headquartered in Jinan, China. Shandong Iron and Steel Company Ltd. operates as a subsidiary of Shandong Iron & Steel Group Co., Ltd.
Industry
Steel
IPO Date
2004-06-29
Stock Exchange
SHH
Ticker
600022.SS
According to Shandong Iron and Steel Company Ltd.’s latest financial reports and current stock price. The company's current ROE is -3.55%. This represents a change of 299.87% compared to the average of -0.89% of the last 4 quarters.
The mean historical ROE of Shandong Iron and Steel Company Ltd. over the last ten years is 1.83%. The current -3.55% ROE has changed -294.14% with respect to the historical average. Over the past ten years (40 quarters), 600022.SS's ROE was at its highest in in the June 2021 quarter at 6.51%. The ROE was at its lowest in in the December 2021 quarter at -7.42%.
Average
1.83%
Median
2.66%
Minimum
-12.02%
Maximum
10.64%
Discovering the peaks and valleys of Shandong Iron and Steel Company Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 535.62%
Maximum Annual ROE = 10.64%
Minimum Annual Increase = -816.99%
Minimum Annual ROE = -12.02%
| Year | ROE | Change |
|---|---|---|
| 2024 | -12.02% | 535.62% |
| 2023 | -1.89% | -174.60% |
| 2022 | 2.54% | -54.74% |
| 2021 | 5.60% | 63.80% |
| 2020 | 3.42% | 22.52% |
| 2019 | 2.79% | -73.28% |
| 2018 | 10.45% | -1.84% |
| 2017 | 10.64% | -384.24% |
| 2016 | -3.74% | -816.99% |
| 2015 | 0.52% | -104.34% |
The current ROE of Shandong Iron and Steel Company Ltd. (600022.SS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-3.79%
5-year avg
-0.47%
10-year avg
1.83%
Shandong Iron and Steel Company Ltd.’s ROE is less than Xinxing Ductile Iron Pipes Co., Ltd. (1.49%), greater than CSSC Science& Technology Co., Ltd (-11.64%), greater than Bengang Steel Plates Co., Ltd. (-37.50%), less than Fangda Special Steel Technology Co., Ltd. (8.81%), greater than Chongqing Iron & Steel Company Limited (-12.51%), less than Shanxi Taigang Stainless Steel Co., Ltd. (0.43%), less than Liuzhou Iron & Steel Co., Ltd. (6.14%), less than Hainan Mining Co., Ltd. (6.70%), greater than Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. (-19.47%), less than Xinyu Iron & Steel Co., Ltd (3.70%),
| Company | ROE | Market cap |
|---|---|---|
| 1.49% | $16.25B | |
| -11.64% | $17.43B | |
| -37.50% | $12.46B | |
| 8.81% | $13.13B | |
| -12.51% | $13.18B | |
| 0.43% | $29.56B | |
| 6.14% | $12.94B | |
| 6.70% | $22.51B | |
| -19.47% | $10.46B | |
| 3.70% | $12.23B |
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