I-Olympic Steel Inc. (i-NASDAQ: ZEUS) ikhulisa ishishini layo ngokusebenzayo ngokufumana iinkampani ezisondeleleneyo namacandelo eshishini layo.Ingeniso yayo iye yanda kulo nyaka uphelileyo ngenxa ye-supercycle yempahla, kodwa i-Olympic Steel isandula ukungena kwiingxaki ngenxa yokuhla kwamaxabiso esinyithi, okubangele ukuba uluhlu lwayo lwehle. Ixabiso lesitokhwe ligqithise i-S&P 500 kunye neDow Jones Industrial Metals & Mining index (DJUSIM) ngaphezulu kwe-30%. Ixabiso lesitokhwe ligqithise i-S&P 500 kunye neDow Jones Industrial Metals & Mining index (DJUSIM) ngaphezulu kwe-30%. Цена акций превысила индекс S&P 500 kunye neDow Jones Industrial Metals & Mining (DJUSIM) более чем на 30%. Ixabiso lesitokhwe liphumelele i-S & P 500 kunye ne-Dow Jones Industrial Metals & Mining (DJUSIM) ngaphezu kwe-30%. Акции торгуются более чем на 30% выше индекса S&P 500 и промышленного индекса iDow Jones Industrial Metals & Mining (DJUSIM). Isitokhwe sithengisa ngaphezu kwe-30% ngaphezu kwe-S & P 500 kunye ne-Dow Jones Industrial Metals & Mining (DJUSIM).
Ngelixa i-Olympic Steel ibonise unxibelelwano oluluqilima oluqinisekileyo kunye nesalathiso samaxabiso entsimbi ngexesha lentsimbi eqale ngexesha lobhubhani we-COVID-19, umbuzo ngoku ngowokuba ngaba inkampani ingagcina ukukhula kwaye ivumele iiseyile zayo ukuba zilawule indlela, hayi umoya.?
Ngelixa inkampani ithenga kakuhle phantsi kweemeko eziqhelekileyo, andithathi cala malunga nokudodobala koqoqosho lwangoku de amaxabiso eemveliso abuyele kumanqanaba aqhelekileyo, ubuncinci ekupheleni konyaka.
I-Olympic Steel, Inc., inkampani encinci kawonkewonke enemali yemarike ye-US $ 293.77 yezigidi, liziko leenkonzo zetsimbi eliqhuba kwaye lithengise isinyithi eMelika.Inkampani isebenza kwiiyunithi ezintathu ezahlukeneyo zoshishino;
IiFlathi zeMetal eziKhethekileyo kunye neeFlathi zeCarbon: Ezi zahlulo zibini zihlala zidityanisiwe ngenxa yobume obufanayo bezibonelelo ezisetyenziswa ngamacandelo amabini, okukhokelela ekwabelweni kweendleko.Ngokwengxelo yonyaka yenkampani, iimveliso zamacandelo omabini zigcinwa kwiindawo eziqhelekileyo, kwaye kwezinye iindawo zicutshungulwa kwizixhobo ekwabelwana ngazo. Imveliso ye-carbon flat kunye nezahlulo zetsimbi ezikhethekileyo zenze uninzi lwengeniso ye-Olympic Steel, i-akhawunti ye-55% kunye ne-29% yengeniso kwi-MRQ. Imveliso ye-carbon flat kunye nezahlulo zetsimbi ezikhethekileyo zenze uninzi lwengeniso ye-Olympic Steel, i-akhawunti ye-55% kunye ne-29% yengeniso kwi-MRQ.I-Carbon Flat kunye ne-Specialty Metals segment zenze uninzi lwengeniso ye-Olympic Steel, ibalwa kwi-55% kunye ne-29% yengeniso ye-MRQ.Iiflethi zekhabhoni kunye nezahlulo zetsimbi ezikhethekileyo zenza uninzi lwengeniso ye-Olympic Steel, ibalwa kwi-55% kunye ne-29% yengeniso ye-MRQ, ngokulandelanayo.
Icandelo leCarbon & Specialty Sheets libandakanya i-33 yeqhinga lokucokisa kunye neendawo zokuthengisa e-US kunye nenye eMonterrey, eMexico.
Icandelo lesithathu lenkampani, i-Tubular Products, ibandakanya iipropati ezisibhozo kunye nee-akhawunti ze-16% yengeniso ye-MRQ.Inkampani ngokuthe ngcembe iguqula ingqwalasela yayo kwicandelo leentsimbi ezikhethekileyo, kwaye kucacile kwingeniso yonyaka ukuba ingeniso evela kwiimveliso ezisicaba iye yanda.Ngokuchasene noko, ukuveliswa kwemibhobho kunye neemveliso zepayipi zehla.
Iinkonzo zenkampani zibonelelwa ikakhulu ngoomatshini boshishino kunye nabavelisi bezixhobo, abavelisi beemoto, abavelisi bezixhobo zombane kunye nabavelisi boomatshini bezolimo.
Abona bathengi babalulekileyo benkampani ngabavelisi boomatshini boshishino kunye nezixhobo, ezibalelwa ngaphezulu kwe-27.4% yeentengiso ze-MRQ.Amanye amanani afanelekileyo nawo abonisiwe kwitheyibhile engezantsi.
NgoSeptemba ka-2021, i-Olympic Steel ithengise iyunithi yayo yeshishini laseDetroit kwiVenture Steel Inc. nge-$58.4 yezigidi kunye nohlengahlengiso lwenkunzi esebenzayo emalunga ne-13.5 yezigidi zeedola ukuze kuvalwe ekuqaleni kuka-2022. Oku kubonisa ukuphucuka kokuhamba kwemali ukusuka kwimisebenzi yotyalo-mali kwiingxelo zayo zezimali, eyehle ngaphezulu kwe-50% ukusuka kwilahleko ye-28.1 yezigidi ukuya kwilahleko ye-31 yezigidi zeedola kwi-2020 yezigidi ezingama-2020 iyonke.
“Sihlala sigxile kwisicwangciso sethu sexesha elide sokuphucula ngakumbi ishishini lethu, ukuzisa inzuzo eqhubekayo kunye nokunyusa ixabiso labaninizabelo.Ingeniso ekuthengisweni kweshishini laseDetroit iya kusetyenziselwa ukunciphisa amatyala, okukhokelela ekuguquguqukeni okukhulu kokufunyanwa kwezinto eziphilayo kunye notyalo-mali kwizicwangciso zokukhula kunye nokuzenzekelayo.
Kule minyaka imbalwa idlulileyo, i-Olympic Steel iye yatshintsha ukugxila kwayo kwiimveliso ze-carbon flat ukuya kwi-special sheet sheets.Ifuna ukudibanisa abavelisi besinyithi kwimodeli yayo yoshishino ngokufumana iinkampani kwishishini elifanayo.
Ukusebenza kwi-Detroit kugxininise ekusasazeni iiflethi zekhabhoni kwii-automakers zasekhaya kunye nababoneleli babo, ngokukodwa kwicandelo le-carbon flats.I-Olympic Steel ibika ukuba ngaphantsi kwe-3% yeentengiso zabo zivela kubenzi beemoto okanye abavelisi beemoto.
Kanye emva kokuthengiswa kwe-carbon-centric ye-Detroit, i-Olympic Steel yasebenzisa enye yemali yentengiso ukuze ifumane enye ishishini lokuhambisa intsimbi kunye ne-aluminium, i-Shaw Stainless Steel & Alloy, Inc., nge-12.1 yezigidi zeedola. Kanye emva kokuthengiswa kwe-carbon-centric ye-Detroit, i-Olympic Steel yasebenzisa enye yemali yentengiso ukuze ifumane enye ishishini lokuhambisa intsimbi kunye ne-aluminium, i-Shaw Stainless Steel & Alloy, Inc., nge-12.1 yezigidi zeedola. Сразу после продажи Детройта, ориентированного на выбросы углерода, Olympic Steel использовала часть выручки от продажи жавеющей стали и алюминия, Shaw Stainless Steel & Alloy, Inc., malunga 12,1 миллиона долларов. Ngokukhawuleza emva kokuthengiswa kwe-carbon-driven Detroit, i-Olympic Steel yasebenzisa inxalenye yemali evela kwintengiso ukuze ifumane enye insimbi engenasici kunye nomthengisi we-aluminium, i-Shaw Stainless Steel & Alloy, Inc., i-$ 12.1 yezigidi.在底特律以碳为中心的业务出售后，Olympic Steel 使用部分出售收益以1210 万美元收购了另一家不锈钢和铝分销企业Shaw Stainless Steel & Alloy, Inc.。在 底 特律 以碳 為 的 业务 出售 后 , intsimbi ye olympic 使用 出唶 收益 以 1210 万 美元 了 另 一个 伓 会会会w Stainess Steel & Alloy, Inc.. После продажи своего углеродоориентированного бизнеса в Детройте Olympic Steel использовала часть выручки от продажи для приобредения, Inc. ьютора нержавеющей стали и алюминия, за 12,1 миллиона долларов. Ukulandela ukuthengiswa kweshishini layo lekhabhoni yeDetroit, i-Olympic Steel yasebenzisa inxalenye yemali yentengiso ukuze ifumane i-Shaw Stainless Steel & Alloy, Inc., enye insimbi engenasici kunye ne-aluminium distributor, i-$ 12.1 yezigidi. Ngo-2019, i-Olympic Steel nayo yafumana i-Action Stainless & Alloys nge-19.5 yezigidi zeedola. Ngo-2019, i-Olympic Steel nayo yafumana i-Action Stainless & Alloys nge-19.5 yezigidi zeedola. В 2019 году Olympic Steel также приобрела Action Stainless & Alloys за 19,5 миллионов долларов. Ngo-2019, i-Olympic Steel nayo yafumana i-Action Stainless & Alloys nge-19.5 yezigidi zeedola. 2019 年，Olympic Steel 还以1950 万美元收购了Action Stainless & Alloys. 2019 年，Olympic Steel 还以1950 万美元收购了Action Stainless & Alloys. В 2019 году Olympic Steel также приобрела Action Stainless & Alloys за 19,5 млн долларов. Ngo-2019, i-Olympic Steel nayo yafumana i-Action Stainless & Alloys nge-19.5 yezigidi zeedola.Ngokufanayo, ekuqaleni kwe-2018, i-Olympic Steel yafumana i-Berlin Metal, enye yamaziko amakhulu eenkonzo eMntla Melika, eyenza kwaye ithengise i-premium tinplate kunye ne-stainless steel strip ngendlela yee-coil slotted.
Ukuzuza uqoqosho lokulinganisa kunye nokwahlula ipotifoliyo yayo ngokufunyanwa bekujongwe kwi-Olympic Steel kule minyaka mihlanu idlulileyo kwaye ifumene iinkampani ezingaphezu kwesihlanu, kubandakanywa ezine kule minyaka mihlanu idlulileyo.Oku kufunyanwa kwecala kubonisa ngokucacileyo ukuba i-Olympic Steel ijonge ukugxila ekwandiseni nasekuguquleni ipotifoliyo yayo kunye nokunciphisa umjikelo wamashishini asele ekhona.
Imfuno yaseTshayina sele ichaphazelekile kule nyanga kwaye kungekudala sinokubona ukwehla kweenkampani zaseMelika.Amaxabiso entsimbi kunye neyona nto iphambili yentsimbi ekrwada aye aguquguquka ngexesha lokuvalwa kweShanghai, kodwa abonisa indlela ehlayo ekuqaleni kwale nyanga, ngokutsho kwe-CNBC.UPhando lweMakethi eManyeneyo luqikelela ukuba imakethi yeentsimbi ezikhethekileyo iya kukhula kwi-CAGR ye-3.50% ukuya kuthi ga kwi-276 yeebhiliyoni zeedola ngo-2031. Olu qikelelo lokukhula lubonakala lulolongiwe kwinkampani encinci ye-cap efana ne-Olympic Steel Inc.
Amaxabiso ezabelo kuninzi lwesinyithi, imigodi kunye namacandelo emveliso anyukile kwaye kulindeleke ukuba aqhubeke enyuka ukuba nje amanani aphezulu kunoko ebelindelekile exelwa.Ngenxa yoko, ixabiso le-ZEUS liye lajikeleza malunga ne-$27 kulo nyaka uphelileyo, kunye neeveki ezingama-52 eziphezulu ngaphezulu kwe-$43.
Abatyalomali ngoku bajonge ukutyalomali kwizitokhwe ezinamandla zecandelo, ezinokuhlangabezana namaxesha anzima ngakumbi ukuba bazifumana bekwindawo enobungozi.Iziseko ezomeleleyo, amaxwebhu ebhalansi asempilweni kunye nokungabi namali ekhoyo ngokugqithisileyo kuya kuba zezinye zezinto eziphambili zokubeka iliso kwiimeko ezinzima zemarike njengoko ukunyuka kwamaxabiso kunokungabonakalisi ubume bokwenyani benkampani.
Inkampani ibike i-MRQ EPS ye-3.10 yeedola, uqikelelo olugqwesileyo nge-0.84 yeedola, izisa umlinganiselo wexabiso le-2.06 kwiinyanga ezili-12 ezidlulileyo.Lo mlinganiselo wexabiso ukuya kumvuzo ungcono kakhulu kunabakhuphisana nabo, i-avareji ye-11.76x.Ngokunjalo, zonke iimethrikhi eziphambili zisezantsi kakhulu xa kuthelekiswa noontanga bazo, ngesaphulelo esiphakathi kuzo zonke iimetrics ezingama-70%, ecebisa ukuba kunokwenzeka kumaxabiso e-Olympic Steel.
Ukongeza, ngoMeyi 2022, iBhodi yabaLawuli yavuma ukuhlawulwa kwesahlulo sekota esiqhelekileyo se-$0.09 ngesabelo kubaninizabelo ababhalisiweyo ukususela nge-1 kaJuni 2022, emele ihlawulwe ngoJuni 15, 2022.
Ngokufanayo, i-35% ye-ROE kunye ne-13% ye-ROTA ibonisa usetyenziso olungcono lwezibonelelo kune-shishini, ngaphezu kokuphindwe kabini kuma-media medians we-12.86% kunye ne-5.22%.
Ndilindele ukuba amaxabiso e-inventri ehle kwikota yesithathu ka-2022 ngenxa yokuhla okubukhali kwamaxabiso entsimbi.Ukuza kuthi ga ngoku, ixabiso kunye nomfutho osisiseko sele zilungelelanisiwe.Ukuba iziseko zihlala zomelele, kuya kuba kungenamkhethe kwaye kunengqiqo ukucinga ukuba izitokhwe ezincinci ziya kuzisa imbuyekezo efanelekileyo ekuhambeni kwexesha.
Okuqaphelekayo kukuba i-Olympic Steel's debt-to-equity ratio iphezulu kakhulu kwi-73.41%, uninzi lwamatyala ayo achazwe njengetyala lexesha elide elikhuselweyo, nangona lehle nge-5.83% unyaka nonyaka, ukusuka kwi-360 yezigidi zeedola ukuya kwi-$339.izigidi zikwi-MRQ.
I-Olympic Steel isayine isivumelwano semali-mboleko ye-455 yezigidi zeedola kunye neBhanki yaseMelika (BAC) ngo-2017, ephela ngoDisemba 2022. Isivumelwano esijikelezayo sandisa i-475 yezigidi zeminyaka emihlanu ejikelezayo yokuthenga ngetyala kude kube nguJuni 2026, ikhuselwe ngokuyintloko ngokufunyanwa yinkampani, uluhlu, kunye nepropati kunye nezixhobo.Ingxowa-mali ibandakanya ukuya kuthi ga kwi-200 yezigidi zeedola kwiinketho zokukhula.
Njengenkampani kwishishini le-cyclical, i-Olympic Steel ijongene nomngcipheko omkhulu wenkqubo.Oku kunyuka okuphezulu kubangele i-beta ephezulu yenkampani kwi-1.51, ekhokelela ekuguqukeni okuphezulu.
Ubume bemali yenkampani kufuneka bulungelelaniswe, ngokufanelekileyo ityala eliphezulu lenkampani kufuneka libe nexabiso eliphantsi lemali eyinkunzi, ixhamle kwimijikelo ngokutshixa kwinzala esezantsi ngaphambi komjikelo ophantsi.
I-Fitch ilindele ukuba amaxabiso entsimbi ehlabathi ehle ngo-2022 nje ukuba ukuchacha kumaxabiso ehlabathi kuphele.
Ngaphandle kwe-China, i-US isemva kakhulu kubakhuphisana nabo behlabathi ekuqaliseni kwakhona umthamo wemveliso emva kokuphazamiseka kwe-Covid-19 kunye nokucuthwa kwemveliso.Ukuqhubela phambili, i-Fitch ilindele ukuba unikezelo lwase-US luqalise kwakhona kwiinyanga ezizayo kunye nokungeniswa kwamanye amazwe kuphuculwe, okukhokelela ekuzinzeni ngokuthe ngcembe kwamaxabiso ensimbi yase-US ngo-2022.
I-Olympic Steel inzima emsebenzini yokwandisa ishishini layo ekhaya nakwamanye amazwe, kodwa ukuba inkampani inethemba lokukhuphisana nabadlali abakhulu kwiminyaka ezayo, kufuneka ikhulise ishishini layo, ekuqikelelwa ukuba likhule ngesantya esiphezulu sonyaka.ireyithi kuneentsimbi ezikhethekileyo, okanye 3.5%.I-Olympic Steel inomngcipheko ophezulu wokunyusa umgangatho wokunyusa ixabiso labanini-zabelo, okwenza utyalo-mali kwinkampani kube ngumngcipheko omkhulu kunye nemeko yomvuzo ngenxa yemali yayo encinci yemalike.
Ngenxa yembali yenkampani, ithathe amanyathelo abukhali okufumana kunye nokwandisa ishishini layo.Kodwa ngoku lixesha lokuba i-Olympic Steel inciphise amatyala ayo kwaye iphinde iphinde ifikelele kwinqanaba eliphezulu, apho ukuguquguquka kwengeniso kunye nemivuzo kufuneka kunciphe ngokuhamba kwexesha ukugcina ukukhula kwezinto eziphilayo.
Ngenxa yokuguquguquka kwemarike yangoku kunye nobume bomjikelo weshishini apho i-Olympic Steel isebenza khona, sinokubona indlela enamatye ngaphambili.Izinto ezinkulu ezinje ngokunyuka kwamaxabiso okunyuka kwamaxabiso, ukuvalwa kweChina okunxulumene ne-COVID kunye noxinzelelo lokudodobala kwezoqoqosho kwandisa isiphithiphithi sentengiso, endikhuthaza ukuba ndilinganise i-Olympic Steel njenge "bamba" de izinto zizole kwaye kukho uzinzo.
Ukubhengezwa: Mna / asinazo isitokhwe, ukhetho okanye izikhundla ezifanayo eziphuma kuyo nayiphi na iinkampani ezikhankanyiweyo kwaye asicwangciseli ukuthatha ezo zikhundla kwiiyure ezizayo ze-72.Ukuchazwa koBudlelwane boShishino: Eli nqaku libhalwe nguHaider Arshad Uphando kwaye lihlaziywe kwaye lingeniswe nguMnu Walid Tariq.