Buy Or Sell Opportunity • May 27
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.1% to CN¥39.08. The fair value is estimated to be CN¥51.27, 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 34%. Revenue is forecast to grow by 4.3% in 2 years. Earnings are forecast to grow by 62% in the next 2 years. Anuncio • Mar 31
Yunnan Tin Company Limited to Report Q1, 2026 Results on Apr 28, 2026 Yunnan Tin Company Limited announced that they will report Q1, 2026 results on Apr 28, 2026 Anuncio • Mar 29
Yunnan Tin Company Limited, Annual General Meeting, Apr 20, 2026 Yunnan Tin Company Limited, Annual General Meeting, Apr 20, 2026, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan China Anuncio • Jan 20
Yunnan Tin Company Limited Approves 2025 Third Quarter Cash Dividend on A Shares, Payable on 27 January 2026 Yunnan Tin Company Limited announced 2025 third quarter profit distribution plan its 1st Extraordinary General Meeting of 2026 on 16 January 2026 approved: Cash dividend/10 shares (tax included): CNY 1.10000000 on A shares. Record date: 26 January 2026. Ex-date: 27 January 2026. Payment date: 27 January 2026. Anuncio • Dec 31
Yunnan Tin Company Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Yunnan Tin Company Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 Anuncio • Sep 30
Yunnan Tin Company Limited to Report Q3, 2025 Results on Oct 27, 2025 Yunnan Tin Company Limited announced that they will report Q3, 2025 results on Oct 27, 2025 Anuncio • Jul 02
Yunnan Tin Company Limited to Report First Half, 2025 Results on Aug 25, 2025 Yunnan Tin Company Limited announced that they will report first half, 2025 results on Aug 25, 2025 Anuncio • Jun 13
Yunnan Tin Company Limited (SZSE:000960) announces an Equity Buyback for CNY 200 million worth of its shares. Yunnan Tin Company Limited (SZSE:000960) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 21.19 per share. The program will be financed via own funds or self raised funds. The purpose of the program is to reduce registered capital. The repurchased shares will be cancelled. The buyback is subject to shareholders approval. The program will be valid for 12 months from the date of shareholders approval. Anuncio • Apr 04
Yunnan Tin Company Limited Proposes Final Cash Distribution for 2024 Yunnan Tin Company Limited announced on 03 April 2025 the final profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY1.90000000. Anuncio • Apr 03
Yunnan Tin Company Limited, Annual General Meeting, Apr 25, 2025 Yunnan Tin Company Limited, Annual General Meeting, Apr 25, 2025, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan China Anuncio • Mar 31
Yunnan Tin Company Limited to Report Q1, 2025 Results on Apr 28, 2025 Yunnan Tin Company Limited announced that they will report Q1, 2025 results on Apr 28, 2025 Anuncio • Jan 18
Yunnan Tin Company Limited Approves Interim Profit Distribution Plan for Third Quarter 2024, Payable on 23 January 2025 Yunnan Tin Company Limited at its 1st Extraordinary General Meeting of 2025 on 15 January 2025, during which the following proposal(s) was/were approved: 2024 interim profit distribution plan. The detailed profit distribution plan is as follows: Cash dividend/10 shares (tax included): CNY 1.00000000. 2024 third quarter profit distribution plan to be implemented (A shares): Record date: 22 January 2025; Ex-date: 23 January 2025; Payment date: 23 January 2025. Anuncio • Jan 02
Yunnan Tin Company Limited Proposes Profit Distribution for the Third Quarter of 2024 On December 31, 2024, Yunnan Tin Company Limited proposed profit distribution for the third quarter of 2024 as follows: Cash dividend/10 shares (tax included) of CNY 1.00000000. Anuncio • Dec 31
Yunnan Tin Company Limited to Report Fiscal Year 2024 Results on Apr 03, 2025 Yunnan Tin Company Limited announced that they will report fiscal year 2024 results on Apr 03, 2025 Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.25 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.25 in 3Q 2023). Revenue: CN¥10.4b (down 3.6% from 3Q 2023). Net income: CN¥483.6m (up 19% from 3Q 2023). Profit margin: 4.6% (up from 3.8% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to CN¥16.30, 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 11% over the past three years. Anuncio • Sep 30
Yunnan Tin Company Limited to Report Q3, 2024 Results on Oct 26, 2024 Yunnan Tin Company Limited announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.26 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.26 in 2Q 2023). Revenue: CN¥10.4b (down 11% from 2Q 2023). Net income: CN¥473.6m (up 13% from 2Q 2023). Profit margin: 4.6% (up from 3.6% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.0% 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 fallen by 29% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥13.65, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.19 per share. Declared Dividend • May 17
Dividend increased to CN¥0.26 Dividend of CN¥0.26 is 117% higher than last year. Ex-date: 22nd May 2024 Payment date: 22nd May 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Anuncio • May 16
Yunnan Tin Company Limited Announces Cash Dividend for A Shares of 2023, Payable on 22 May 2024 Yunnan Tin Company Limited announced cash dividend/10 shares (tax included) of CNY 2.60000000 for A shares of 2023. Record date is 21 May 2024. Ex-date is 22 May 2024. Payment date is 22 May 2024. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.16 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.16 in 1Q 2023). Revenue: CN¥8.40b (down 25% from 1Q 2023). Net income: CN¥326.3m (up 22% from 1Q 2023). Profit margin: 3.9% (up from 2.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. 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 5% per year, which means it is well ahead of earnings. Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: CN¥0.86 (vs CN¥0.82 in FY 2022) Full year 2023 results: EPS: CN¥0.86 (up from CN¥0.82 in FY 2022). Revenue: CN¥42.4b (down 19% from FY 2022). Net income: CN¥1.41b (up 4.6% from FY 2022). Profit margin: 3.3% (up from 2.6% in FY 2022). The increase in margin was driven by lower expenses. Production and reserves: Zinc Production: 0.258 Mt (0.242 Mt in FY 2022) Copper Production: 30,625 t (31,637 t in FY 2022) Number of mines: 1 (1 in FY 2022) Silver Production: 5,337 troy koz Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Anuncio • Mar 30
Yunnan Tin Company Limited to Report Q1, 2024 Results on Apr 26, 2024 Yunnan Tin Company Limited announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥11.02, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 6.5% over the past three years. Anuncio • Dec 30
Yunnan Tin Company Limited to Report Fiscal Year 2023 Results on Apr 12, 2024 Yunnan Tin Company Limited announced that they will report fiscal year 2023 results on Apr 12, 2024 New Risk • Nov 04
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin). Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.11 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.25 (up from CN¥0.11 loss in 3Q 2022). Revenue: CN¥10.8b (down 4.4% from 3Q 2022). Net income: CN¥407.9m (up CN¥582.8m from 3Q 2022). Profit margin: 3.8% (up from net loss in 3Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Anuncio • Sep 30
Yunnan Tin Company Limited to Report Q3, 2023 Results on Oct 27, 2023 Yunnan Tin Company Limited announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.19 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥11.7b (down 26% from 2Q 2022). Net income: CN¥420.2m (up 36% from 2Q 2022). Profit margin: 3.6% (up from 2.0% in 2Q 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 15% per year. Anuncio • May 09
Yunnan Tin Company Limited Announces Final Dividend Implementation for A Shares for the Year 2022, Payable on 15 May 2023 Yunnan Tin Company Limited announced 2022 final profit distribution plan to be implemented (A shares): cash dividend of CNY 1.20000000 per ten shares (tax included). Record date: 12 May 2023. Ex-date: 15 May 2023. Payment date: 15 May 2023. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥16.85, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 101% over the past three years. Anuncio • Feb 07
Yunnan Tin Company Limited Elects Chen Xiongjun and Li Dening as Non-Independent Directors; and Wang Daobin and Yu Dingming as Independent Directors Yunnan Tin Company Limited elected Chen Xiongjun and Li Dening as non-independent directors; and Wang Daobin and Yu Dingming as independent directors at the Extraordinary General Meeting held on February 3, 2023. Board Change • Nov 16
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Third quarter 2022 earnings released: CN¥0.11 loss per share (vs CN¥0.51 profit in 3Q 2021) Third quarter 2022 results: CN¥0.11 loss per share (down from CN¥0.51 profit in 3Q 2021). Revenue: CN¥11.3b (down 18% from 3Q 2021). Net loss: CN¥175.0m (down 121% from profit in 3Q 2021). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 22
Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.38 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.38 in 2Q 2021). Revenue: CN¥15.8b (up 1.6% from 2Q 2021). Net income: CN¥309.6m (down 51% from 2Q 2021). Profit margin: 2.0% (down from 4.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.2%, compared to a 31% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Board Change • Aug 01
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 02
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 28
First quarter 2022 earnings released: EPS: CN¥0.74 (vs CN¥0.20 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.74 (up from CN¥0.20 in 1Q 2021). Revenue: CN¥15.0b (up 8.1% from 1Q 2021). Net income: CN¥1.21b (up 268% from 1Q 2021). Profit margin: 8.0% (up from 2.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.9%, compared to a 34% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Vice Chairman Ruihan Cheng was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 17
Full year 2021 earnings released: EPS: CN¥1.71 (vs CN¥0.42 in FY 2020) Full year 2021 results: EPS: CN¥1.71 (up from CN¥0.42 in FY 2020). Revenue: CN¥53.8b (up 20% from FY 2020). Net income: CN¥2.82b (up 308% from FY 2020). Profit margin: 5.2% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Zinc Production: 0.348 Mt (0.22 Mt in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Copper Production: 35,500 t (38,330 t in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Silver Production: 6,333.7 troy koz (4,597.6 troy koz in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Over the next year, revenue is forecast to grow 8.9%, compared to a 38% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥23.18, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 112% over the past three years. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 24% share price gain to CN¥23.58, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 124% over the past three years. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS CN¥0.51 (vs CN¥0.15 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥13.8b (up 4.3% from 3Q 2020). Net income: CN¥835.8m (up 228% from 3Q 2020). Profit margin: 6.1% (up from 1.9% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥19.45, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 85% over the past three years. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥20.08, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 94% over the past three years. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS CN¥0.38 (vs CN¥0.094 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥15.5b (up 18% from 2Q 2020). Net income: CN¥630.9m (up 309% from 2Q 2020). Profit margin: 4.1% (up from 1.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥18.22, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 19x 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 • Jun 19
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥14.84, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 24% over the past three years. Reported Earnings • Apr 16
Full year 2020 earnings released: EPS CN¥0.42 (vs CN¥0.51 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥44.8b (up 4.4% from FY 2019). Net income: CN¥690.4m (down 19% from FY 2019). Profit margin: 1.5% (down from 2.0% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 2% per year. Is New 90 Day High Low • Feb 12
New 90-day high: CN¥12.54 The company is up 26% from its price of CN¥9.92 on 13 November 2020. The Chinese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥12.25, the stock is trading at a trailing P/E ratio of 27.8x, up from the previous P/E ratio of 23.9x. This compares to an average P/E of 30x in the Metals and Mining industry in China. Total return to shareholders over the past three years is a loss of 20%. Is New 90 Day High Low • Jan 25
New 90-day high: CN¥11.94 The company is up 28% from its price of CN¥9.31 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 21% over the same period. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥9.80, the stock is trading at a trailing P/E ratio of 22.3x, down from the previous P/E ratio of 26.6x. This compares to an average P/E of 30x in the Metals and Mining industry in China. Total return to shareholders over the past three years is a loss of 26%. Is New 90 Day High Low • Jan 04
New 90-day high: CN¥11.55 The company is up 30% from its price of CN¥8.91 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 16% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: CN¥11.44 The company is up 20% from its price of CN¥9.55 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period. Is New 90 Day High Low • Nov 16
New 90-day high: CN¥10.42 The company is up 4.0% from its price of CN¥10.06 on 18 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period. Reported Earnings • Oct 25
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥724.8m, down 1.6% from the prior year. Total revenue was CN¥44.5b over the last 12 months, up 5.2% from the prior year. Is New 90 Day High Low • Oct 01
New 90-day low: CN¥8.91 The company is down 4.0% from its price of CN¥9.24 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.