Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥26.58, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 228% over the past three years. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to CN¥30.22, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 242% over the past three years. Announcement • Apr 17
Zhuzhou Smelter Group Co.,Ltd. announced that it expects to receive CNY 300 million in funding Zhuzhou Smelter Group Co.,Ltd. has announced to issue Private Placement of not more than 30% of total share capital A Shares at a price of not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceeds of not more than CNY 300,000,000 on April 15, 2026. The transaction includes not more than 35 investors participation. The transaction has been approved by Board of directors at 17th Meeting of the 8th Directorate and is subject to approval of company shareholders. All the securities issued pursuant to the offering are subject to hold period of six months from closing date. Reported Earnings • Apr 17
First quarter 2026 earnings released: EPS: CN¥1.06 (vs CN¥0.24 in 1Q 2025) First quarter 2026 results: EPS: CN¥1.06 (up from CN¥0.24 in 1Q 2025). Revenue: CN¥7.01b (up 46% from 1Q 2025). Net income: CN¥1.14b (up 313% from 1Q 2025). Profit margin: 16% (up from 5.8% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 35% per year. Announcement • Apr 17
Zhuzhou Smelter Group Co.,Ltd., Annual General Meeting, May 08, 2026 Zhuzhou Smelter Group Co.,Ltd., Annual General Meeting, May 08, 2026, at 15:00 China Standard Time. Location: The Company's Meeting Room, Zhuzhou, Hunan China Announcement • Mar 30
Zhuzhou Smelter Group Co.,Ltd. to Report Q1, 2026 Results on Apr 17, 2026 Zhuzhou Smelter Group Co.,Ltd. announced that they will report Q1, 2026 results on Apr 17, 2026 Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥17.85, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 42x in the Metals and Mining industry in China. Total returns to shareholders of 111% over the past three years. Buy Or Sell Opportunity • Mar 06
Now 21% undervalued Over the last 90 days, the stock has risen 43% to CN¥22.23. The fair value is estimated to be CN¥28.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 0.09% in 2 years. Earnings are forecast to grow by 37% in the next 2 years. New Risk • Mar 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥23.85, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 185% over the past three years. Buy Or Sell Opportunity • Feb 02
Now 26% undervalued Over the last 90 days, the stock has risen 41% to CN¥20.64. The fair value is estimated to be CN¥27.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 0.09% in 2 years. Earnings are forecast to grow by 37% in the next 2 years. New Risk • Jan 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥23.68, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 196% over the past three years. Announcement • Dec 26
Zhuzhou Smelter Group Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 17, 2026 Zhuzhou Smelter Group Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 17, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.18 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.24 (up from CN¥0.18 in 3Q 2024). Revenue: CN¥5.64b (up 5.8% from 3Q 2024). Net income: CN¥272.7m (up 29% from 3Q 2024). Profit margin: 4.8% (up from 4.0% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Zhuzhou Smelter Group Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Zhuzhou Smelter Group Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: CN¥0.27 (vs CN¥0.18 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.27 (up from CN¥0.18 in 2Q 2024). Revenue: CN¥5.61b (up 21% from 2Q 2024). Net income: CN¥308.5m (up 46% from 2Q 2024). Profit margin: 5.5% (up from 4.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year. Announcement • Jun 30
Zhuzhou Smelter Group Co.,Ltd. to Report First Half, 2025 Results on Aug 13, 2025 Zhuzhou Smelter Group Co.,Ltd. announced that they will report first half, 2025 results on Aug 13, 2025 Announcement • Apr 13
Zhuzhou Smelter Group Co.,Ltd. announced that it expects to receive CNY 300 million in funding Zhuzhou Smelter Group Co.,Ltd. announces private placement to issue common shares at price shall not be less than 80% of the average price of the company's shares in the 20 trading days prior to the pricing benchmark date for gross proceeds of CNY 300 million on April 11, 2025. Shares issued to a specific target cannot be transferred for 6 months from the date of the end of the issuance. The issuance of shares adopts the method of simplified procedure to specific objects, and the issuance objects are no more than 35 specific pairs of legal persons, the company held the 10th meeting of the 8th board of directors (2024 annual board of directors) to deliberate and pass the "Proposal on Requesting the General Meeting of Shareholders to Authorize the Board of Directors to Issue Shares to Specific Targets by Simplified Procedures",. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: CN¥0.66 (vs CN¥0.54 in FY 2023) Full year 2024 results: EPS: CN¥0.66 (up from CN¥0.54 in FY 2023). Revenue: CN¥19.8b (up 1.8% from FY 2023). Net income: CN¥786.5m (up 29% from FY 2023). Profit margin: 4.0% (up from 3.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Apr 11
Zhuzhou Smelter Group Co.,Ltd., Annual General Meeting, May 09, 2025 Zhuzhou Smelter Group Co.,Ltd., Annual General Meeting, May 09, 2025, at 15:00 China Standard Time. Location: The Company's Meeting Room, Zhuzhou, Hunan China Announcement • Mar 28
Zhuzhou Smelter Group Co.,Ltd. to Report Q1, 2025 Results on Apr 18, 2025 Zhuzhou Smelter Group Co.,Ltd. announced that they will report Q1, 2025 results on Apr 18, 2025 Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥9.21, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Metals and Mining industry in China. Total loss to shareholders of 5.5% over the past three years. Announcement • Dec 27
Zhuzhou Smelter Group Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 11, 2025 Zhuzhou Smelter Group Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 11, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.13 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.13 in 3Q 2023). Revenue: CN¥5.33b (up 7.7% from 3Q 2023). Net income: CN¥210.8m (up 35% from 3Q 2023). Profit margin: 4.0% (up from 3.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.8% to CN¥7.97. The fair value is estimated to be CN¥10.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 51% in the next 2 years. Announcement • Sep 30
Zhuzhou Smelter Group Co.,Ltd. to Report Q3, 2024 Results on Oct 25, 2024 Zhuzhou Smelter Group Co.,Ltd. announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥8.79, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 6.8% over the past three years. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.22 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.18 (down from CN¥0.22 in 2Q 2023). Revenue: CN¥4.64b (down 14% from 2Q 2023). Net income: CN¥211.9m (down 9.6% from 2Q 2023). Profit margin: 4.6% (up from 4.4% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to CN¥9.57. The fair value is estimated to be CN¥12.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 14% in a year. Earnings are forecast to grow by 48% in the next year. Buy Or Sell Opportunity • Jul 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to CN¥9.52. The fair value is estimated to be CN¥11.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 14% in a year. Earnings are forecast to grow by 48% in the next year. Announcement • Jun 28
Zhuzhou Smelter Group Co.,Ltd. to Report First Half, 2024 Results on Aug 23, 2024 Zhuzhou Smelter Group Co.,Ltd. announced that they will report first half, 2024 results on Aug 23, 2024 Buy Or Sell Opportunity • Jun 17
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to CN¥9.40. The fair value is estimated to be CN¥12.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 14% in a year. Earnings are forecast to grow by 48% in the next year. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥9.95, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 62% over the past three years. Announcement • Apr 19
Zhuzhou Smelter Group Co.,Ltd., Annual General Meeting, May 09, 2024 Zhuzhou Smelter Group Co.,Ltd., Annual General Meeting, May 09, 2024, at 15:00 China Standard Time. Location: The Company's Meeting Room, Zhuzhou, Hunan China Reported Earnings • Apr 18
First quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.15 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.13. Revenue: CN¥4.43b (down 1.6% from 1Q 2023). Net income: CN¥159.1m (up 13% from 1Q 2023). Profit margin: 3.6% (up from 3.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the Metals and Mining industry in China. Announcement • Mar 30
Zhuzhou Smelter Group Co.,Ltd. to Report Q1, 2024 Results on Apr 18, 2024 Zhuzhou Smelter Group Co.,Ltd. announced that they will report Q1, 2024 results on Apr 18, 2024 Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥10.72, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Metals and Mining industry in China. Total returns to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥9.43, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Metals and Mining industry in China. Total returns to shareholders of 63% over the past three years. Announcement • Dec 30
Zhuzhou Smelter Group Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 18, 2024 Zhuzhou Smelter Group Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 18, 2024 New Risk • Oct 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.1% Last year net profit margin: 2.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.2% operating cash flow to total debt). Shareholders have been substantially diluted in the past year (103% increase in shares outstanding). Minor Risk Profit margins are more than 30% lower than last year (1.1% net profit margin). Reported Earnings • Oct 30
Third quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.022 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.13 (up from CN¥0.022 loss in 3Q 2022). Revenue: CN¥4.94b (up 35% from 3Q 2022). Net income: CN¥156.3m (up CN¥168.0m from 3Q 2022). Profit margin: 3.2% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. New Risk • Aug 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Shareholders have been substantially diluted in the past year (103% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Reported Earnings • Aug 23
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: CN¥5.36b (up 21% from 2Q 2022). Net income: CN¥234.3m (up 371% from 2Q 2022). Profit margin: 4.4% (up from 1.1% in 2Q 2022). The increase in margin was driven by higher revenue. Reported Earnings • Apr 14
Full year 2022 earnings released: CN¥0.03 loss per share (vs CN¥0.31 profit in FY 2021) Full year 2022 results: CN¥0.03 loss per share (down from CN¥0.31 profit in FY 2021). Revenue: CN¥15.7b (down 4.8% from FY 2021). Net income: CN¥56.2m (down 66% from FY 2021). Profit margin: 0.4% (down from 1.0% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 2 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Chairman of the Board Lang Ming Liu is the most experienced director on the board, commencing their role in 2012. Independent Director Simin Xie was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: CN¥3.67b (down 13% from 3Q 2021). Net loss: CN¥11.7m (down 145% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Buying Opportunity • Oct 28
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be CN¥8.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Sep 15
Zhuzhou Smelter Group Co.,Ltd. announced that it expects to receive CNY 1.3374546 billion in funding Zhuzhou Smelter Group Co.,Ltd. announced a private placement of 158,237,374 shares for gross proceeds of not more than CNY 1,337,454,600 on September 14, 2022. The transaction will include participation from not more than 35 investors. The shares will be priced at not less than 80% of the average price in the 20 trading days before the pricing reference date. The securities to be issued in the transaction will have a lock-up period of six months from the issuance closing date. The transaction has been approved at the 14th and 19th meetings of the company’s 7th directorate and in principle agreement with National Defense Science and Industry Bureau. The transaction is subject to approval from company's shareholders, China Securities Regulatory Commission and other necessary approvals. Reported Earnings • Aug 20
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: CN¥4.44b (down 3.2% from 2Q 2021). Net income: CN¥49.8m (down 23% from 2Q 2021). Profit margin: 1.1% (down from 1.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Board Change • Jul 28
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 8 new directors. 2 experienced directors. 2 highly experienced directors. 3 independent directors (6 non-independent directors). Chairman of the Board Lang Ming Liu is the most experienced director on the board, commencing their role in 2012. Independent Director Simin Xie was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥8.83, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 8.1% over the past three years. Reported Earnings • Apr 28
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: CN¥0.17. Revenue: CN¥16.5b (up 12% from FY 2020). Net income: CN¥163.9m (up 3.2% from FY 2020). Profit margin: 1.0% (in line with FY 2020). Revenue exceeded analyst estimates by 7.1%. Earnings per share (EPS) also surpassed analyst estimates. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment deteriorated over the past week After last week's 31% share price decline to CN¥6.95, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 23x in the Metals and Mining industry in China. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥9.18, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total loss to shareholders of 3.3% over the past three years. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥9.48, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 32x in the Metals and Mining industry in China. Total returns to shareholders of 22% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.028 (vs CN¥0.14 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥4.20b (up 6.3% from 3Q 2020). Net income: CN¥26.3m (down 64% from 3Q 2020). Profit margin: 0.6% (down from 1.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥9.15, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 40% share price gain to CN¥13.98, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 32x in the Metals and Mining industry in China. Total returns to shareholders of 110% over the past three years. Reported Earnings • Aug 18
Second quarter 2021 earnings released The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥4.59b (up 19% from 2Q 2020). Net income: CN¥64.3m (up 23% from 2Q 2020). Profit margin: 1.4% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥8.96, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥7.10, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 8.1% over the past three years. Reported Earnings • May 05
First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.079 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥4.06b (up 19% from 1Q 2020). Net income: CN¥57.3m (up 38% from 1Q 2020). Profit margin: 1.4% (up from 1.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 17
Full year 2020 earnings released: EPS CN¥0.16 (vs CN¥0.15 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥14.8b (up 32% from FY 2019). Net income: CN¥158.9m (up 105% from FY 2019). Profit margin: 1.1% (up from 0.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥6.71, the stock is trading at a trailing P/E ratio of 14.8x, up from the previous P/E ratio of 12.7x. This compares to an average P/E of 32x in the Metals and Mining industry in China. Total return to shareholders over the past three years is a loss of 13%. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥6.05 The company is down 6.0% from its price of CN¥6.47 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 20% over the same period. Announcement • Jan 21
Zhuzhou Smelter Group Co.,Ltd. to Report Fiscal Year 2020 Results on Mar 17, 2021 Zhuzhou Smelter Group Co.,Ltd. announced that they will report fiscal year 2020 results on Mar 17, 2021 Is New 90 Day High Low • Jan 11
New 90-day low: CN¥6.38 The company is down 12% from its price of CN¥7.24 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 17% over the same period. Is New 90 Day High Low • Nov 20
New 90-day high: CN¥8.09 The company is up 1.0% from its price of CN¥8.02 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 3.0% over the same period. Valuation Update With 7 Day Price Move • Nov 09
Market bids up stock over the past week After last week's 19% share price gain to CN¥7.60, the stock is trading at a trailing P/E ratio of 16.7x, up from the previous P/E ratio of 14.1x. This compares to an average P/E of 33x in the Metals and Mining industry in China. Total return to shareholders over the past three years is a loss of 18%. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥239.9m, with earnings increasing by CN¥294.3m from the prior year. Total revenue was CN¥15.5b over the last 12 months, up 41% from the prior year. Announcement • Oct 29
Zhuzhou Smelter Group Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Zhuzhou Smelter Group Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 29
New 90-day low: CN¥6.59 The company is down 25% from its price of CN¥8.82 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 6.0% over the same period. Is New 90 Day High Low • Oct 01
New 90-day low: CN¥6.62 The company is down 7.0% from its price of CN¥7.14 on 03 July 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 3.0% over the same period. Announcement • Jul 18
Zhuzhou Smelter Group Co.,Ltd. to Report First Half, 2020 Results on Aug 31, 2020 Zhuzhou Smelter Group Co.,Ltd. announced that they will report first half, 2020 results on Aug 31, 2020 Announcement • Jul 06
China First Metallurgical Group Co Ltd agreed to acquire Target assets of Zhuzhou Smelter Group Co. Ltd. from Zhuzhou Smelter Group Co.,Ltd. (SHSE : 600961) for approximately CNY 260 million. China First Metallurgical Group Co Ltd agreed to acquire Target assets of Zhuzhou Smelter Group Co. Ltd. from Zhuzhou Smelter Group Co.,Ltd. (SHSE : 600961) for approximately CNY 260 million on July 5, 2020. China First Metallurgical Group Co Ltd shall pay the full amount of the consideration to Zhuzhou Smelter Group Co. Ltd. in a lump sum of CNY 205.5 million within five business days after the signing of the Assets Disposal Contract and pay a performance security of CNY 54.564 million within the same time limit. The target assets comprises of certain machines and equipment as well as related constructions location at Qingshuitang production area, Shifeng District, Zhuzhou City, Hunan Province, legally owned by Zhuzhou Smelter Group.