1029.Hk
1029.HK operates in the iron and steel industry, primarily engaged in mining activities to extract and process raw materials for the production of steel products.
Business. 1029.HK operates in the iron and steel industry, primarily engaged in mining activities to extract and process raw materials for the production of steel products.
At a glance
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- Macro
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
1029.HK operates in the iron and steel industry, primarily engaged in mining activities to extract and process raw materials for the production of steel products.
The company's capital structure is characterized by a debt-to-equity ratio of 0.23, indicating a relatively low level of leverage. The current ratio of 1.84 suggests that the company has sufficient short-term assets to cover its short-term liabilities, which is a positive sign for liquidity. However, the company's return on equity of -0.7076 and return on assets of -0.4757 indicate that it is not generating returns for its shareholders or effectively utilizing its assets.
In terms of profitability, the company is currently experiencing a loss, with an operating income of -158,898,000 and a net income of -131,468,000. These figures are below the industry median for profitability metrics, suggesting that the company is underperforming relative to its peers. The negative returns on equity and assets further underscore the company's poor financial performance.
The company's revenue is primarily derived from its mining operations, with a significant portion coming from a single geographic region. This concentration of revenue in one area increases the company's exposure to regional economic and political risks. The company's financial snapshot does not provide detailed segment or geographic breakdowns, but the lack of diversification is a notable risk factor.
Looking at the company's growth trajectory, the financial data does not provide specific outlook figures for the current or next fiscal year. However, the company's negative operating and net income suggest that it is not currently experiencing growth. The company's revenue of 258,052,000 is a key figure to monitor for any signs of improvement in the company's financial performance.
The company's risk assessment indicates a medium level of liquidity risk and a low level of dilution risk. The key flag of negative net cash after subtracting total debt highlights the company's liquidity challenges. The company's dilution risk is low, but the potential for dilution should be monitored, especially if the company needs to raise additional capital to address its liquidity issues.
Recent events and filings do not provide specific details about the company's operations or financial performance. The company's financial snapshot and risk assessment suggest that it is facing significant financial challenges, and any recent events or filings would likely reflect these issues. The company's negative net income and operating income indicate that it is not currently in a strong financial position.
- The company is currently experiencing a loss, with negative operating and net income figures.
- The company's capital structure is relatively low in leverage, but its liquidity position is medium risk.
- The company's return on equity and assets are negative, indicating poor financial performance.
- The company's revenue is concentrated in a single geographic region, increasing its exposure to regional risks.
- The company's dilution risk is low, but its liquidity risk is medium, and it has negative net cash after subtracting total debt.
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consensus EPS · 26-week trendSell-side observations
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Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
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Derivatives & instruments
Physical assets
3 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| K&S | Mine | Iron Ore | Russia | Operating company |
| K&S | Other | Iron Ore | Russia | Operating company |
| KS GOK Sutarskoye Mine | Iron ore mine | Iron Ore | Russia | Parent |
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Return On Assetsnet_income / total_assets
- 1029.HK Market data — financials · 2026-05-26
Ownership & reference
Leadership
- Denis Vitalievich CherednichenkoChief Executive Officer, Executive Director