Xiamen TungstenLtd（600549）株式概要厦門タングステン有限公司は、中国でタングステン、モリブデン、レアアース、新エネルギー材料の販売を行っています。 詳細600549 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長5/6過去の実績5/6財務の健全性5/6配当金3/6報酬当社が推定した公正価値より62%で取引されている 収益は年間21.32%増加すると予測されています 過去1年間で収益は81.9%増加しました リスク分析1.01%の配当はフリーキャッシュフローで十分にカバーされていない CN市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る600549 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW477,830 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA477,830 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥57.4743.8% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-667m144b2016201920222025202620282031Revenue CN¥144.2bEarnings CN¥8.2bAdvancedSet Fair ValueView all narrativesXiamen Tungsten Co.,Ltd. 競合他社Yunnan TinSymbol: SZSE:000960Market cap: CN¥64.6bJinduicheng MolybdenumSymbol: SHSE:601958Market cap: CN¥73.8bWestern MiningLtdSymbol: SHSE:601168Market cap: CN¥94.7bHenan Shenhuo Coal Industry and Electricity PowerSymbol: SZSE:000933Market cap: CN¥58.8b価格と性能株価の高値、安値、推移の概要Xiamen TungstenLtd過去の株価現在の株価CN¥58.0352週高値CN¥96.8552週安値CN¥23.26ベータ1.031ヶ月の変化-8.40%3ヶ月変化-2.34%1年変化145.16%3年間の変化209.99%5年間の変化102.55%IPOからの変化1,154.22%最新ニュースValuation Update With 7 Day Price Move • Aug 06Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥57.47, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 219% over the past three years.Board Change • Jul 23Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Yingqi Li was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jul 21Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥50.18, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 184% over the past three years.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥70.84, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 291% over the past three years.お知らせ • Jun 30Xiamen Tungsten Co.,Ltd. to Report First Half, 2026 Results on Aug 21, 2026Xiamen Tungsten Co.,Ltd. announced that they will report first half, 2026 results on Aug 21, 2026Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥85.91, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 391% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥146 per share.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Aug 06Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥57.47, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 219% over the past three years.Board Change • Jul 23Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Yingqi Li was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jul 21Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥50.18, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 184% over the past three years.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥70.84, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 291% over the past three years.お知らせ • Jun 30Xiamen Tungsten Co.,Ltd. to Report First Half, 2026 Results on Aug 21, 2026Xiamen Tungsten Co.,Ltd. announced that they will report first half, 2026 results on Aug 21, 2026Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥85.91, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 391% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥146 per share.Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥60.01, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 246% over the past three years.Major Estimate Revision • May 04Consensus revenue estimates increase by 41%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥54.8b to CN¥77.1b. EPS estimate increased from CN¥1.98 to CN¥2.88 per share. Net income forecast to grow 59% next year vs 54% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥47.61 to CN¥77.80. Share price was steady at CN¥57.78 over the past week.お知らせ • Apr 24Xiamen Tungsten Co.,Ltd., Annual General Meeting, May 15, 2026Xiamen Tungsten Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian ChinaReported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.70 (vs CN¥0.25 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.70 (up from CN¥0.25 in 1Q 2025). Revenue: CN¥15.7b (up 88% from 1Q 2025). Net income: CN¥1.11b (up 183% from 1Q 2025). Profit margin: 7.0% (up from 4.7% 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 16% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥66.30, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 266% over the past three years.お知らせ • Apr 16+ 1 more updateXiamen Tungsten Co.,Ltd. (SHSE:600549) completed the acquisition of 39% stake in Jiujiang Dadi Mining Development Co., Ltd. from Beijing Shangdaxin Investment Co., Ltd.Xiamen Tungsten Co.,Ltd. (SHSE:600549) agreed to acquire 39% stake in Jiujiang Dadi Mining Development Co., Ltd. from Beijing Shangdaxin Investment Co., Ltd. for approximately CNY 170 million on February 10, 2026. As per the transaction, will pay a deposit of CNY 28 million within 5 working days after the intent agreement takes effect. Upon the formal signing of the “equity transfer agreement”, this deposit shall automatically be converted as payment for the 1st installment of the equity transfer price. As of October 31, 2025, Jiujiang Dadi Mining Development Co., Ltd. reported total assets of CNY 260.82 million and total common equity of CNY 78.5 million. As per the announcement dated March 24, 2026 the transaction has been approved by Xiamen Tungsten Co.,Ltd. Audit Committee, the Independent Directors' Special Meeting, and the 25th Meeting of the 10th Board of Directors. Xiamen Tungsten Co.,Ltd. (SHSE:600549) completed the acquisition of 39% stake in Jiujiang Dadi Mining Development Co., Ltd. from Beijing Shangdaxin Investment Co., Ltd. on April 15, 2026.お知らせ • Mar 30Xiamen Tungsten Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026Xiamen Tungsten Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026New Risk • Mar 26New major risk - Share price stabilityThe 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥62.40, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 24x in the Metals and Mining industry in China. Total returns to shareholders of 235% over the past three years.Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥70.15, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 239% over the past three years.Reported Earnings • Jan 28Full year 2025 earnings released: EPS: CN¥1.46 (vs CN¥1.21 in FY 2024)Full year 2025 results: EPS: CN¥1.46 (up from CN¥1.21 in FY 2024). Revenue: CN¥46.5b (up 32% from FY 2024). Net income: CN¥2.31b (up 34% from FY 2024). Profit margin: 5.0% (up from 4.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥65.51, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 223% over the past three years.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥48.19, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 147% over the past three years.お知らせ • Dec 26Xiamen Tungsten Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026Xiamen Tungsten Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026Price Target Changed • Nov 17Price target increased by 107% to CN¥47.61Up from CN¥23.05, the current price target is provided by 1 analyst. New target price is 40% above last closing price of CN¥33.96. Stock is up 65% over the past year. The company is forecast to post earnings per share of CN¥1.55 for next year compared to CN¥1.21 last year.New Risk • Oct 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change).Reported Earnings • Oct 25Third quarter 2025 earnings released: EPS: CN¥0.51 (vs CN¥0.27 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.51 (up from CN¥0.27 in 3Q 2024). Revenue: CN¥12.8b (up 39% from 3Q 2024). Net income: CN¥809.6m (up 110% from 3Q 2024). Profit margin: 6.3% (up from 4.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% 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 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 30Xiamen Tungsten Co.,Ltd. to Report Q3, 2025 Results on Oct 25, 2025Xiamen Tungsten Co.,Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.37 (vs CN¥0.42 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.37 (down from CN¥0.42 in 2Q 2024). Revenue: CN¥10.8b (up 22% from 2Q 2024). Net income: CN¥581.2m (down 1.4% from 2Q 2024). Profit margin: 5.4% (down from 6.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Jun 30Xiamen Tungsten Co.,Ltd. to Report First Half, 2025 Results on Aug 22, 2025Xiamen Tungsten Co.,Ltd. announced that they will report first half, 2025 results on Aug 22, 2025お知らせ • May 15Xiamen Tungsten New Energy Material Co., Ltd. agreed to acquire 47% stake in Ganzhou Haopeng Technology Co., Ltd. from Xiamen Tungsten Co.,Ltd. (SHSE:600549) for approximately ¥120 million.Xiamen Tungsten New Energy Material Co., Ltd. agreed to acquire 47% stake in Ganzhou Haopeng Technology Co., Ltd. from Xiamen Tungsten Co.,Ltd. (SHSE:600549) for approximately ¥120 million on May 15, 2025. A cash consideration of ¥119.67 million will be paid by Xiamen Tungsten New Energy Material Co., Ltd. As of March 31, 2025, Ganzhou Haopeng Technology Co., Ltd. reported total assets of ¥176.9 million and total common equity of ¥153.07 million. The transaction has been approved by the board of Xiamen Tungsten Co.,Ltd.Major Estimate Revision • May 02Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥1.59 to CN¥1.28 per share. Revenue forecast steady at CN¥41.9b. Net income forecast to grow 23% next year vs 41% growth forecast for Metals and Mining industry in China. Consensus price target of CN¥24.10 unchanged from last update. Share price fell 3.2% to CN¥18.32 over the past week.Reported Earnings • Apr 26First quarter 2025 earnings released: EPS: CN¥0.25 (vs CN¥0.30 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.25 (down from CN¥0.30 in 1Q 2024). Revenue: CN¥8.38b (up 1.3% from 1Q 2024). Net income: CN¥391.0m (down 8.5% from 1Q 2024). Profit margin: 4.7% (down from 5.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% 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 increased by 10% per year whereas the company’s share price has increased by 6% per year.お知らせ • Apr 26Xiamen Tungsten Co.,Ltd., Annual General Meeting, May 28, 2025Xiamen Tungsten Co.,Ltd., Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian Chinaお知らせ • Mar 28Xiamen Tungsten Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025Xiamen Tungsten Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025New Risk • Mar 19New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.003x 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 Risks Interest payments are not well covered by earnings (0.003x net interest cover). Revenue is less than US$1m (CN¥3.5m revenue, or US$487k). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Dec 27Xiamen Tungsten Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Xiamen Tungsten Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025Price Target Changed • Dec 11Price target increased by 7.6% to CN¥24.80Up from CN¥23.05, the current price target is an average from 2 analysts. New target price is 18% above last closing price of CN¥21.10. Stock is up 25% over the past year. The company is forecast to post earnings per share of CN¥1.33 for next year compared to CN¥1.14 last year.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.26 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.27 (up from CN¥0.26 in 3Q 2023). Revenue: CN¥9.21b (down 15% from 3Q 2023). Net income: CN¥385.8m (up 4.3% from 3Q 2023). Profit margin: 4.2% (up from 3.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% 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 increased by 12% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Sep 30Xiamen Tungsten Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024Xiamen Tungsten Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥20.92, the stock trades at a forward P/E ratio of 14x. 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 23Second quarter 2024 earnings released: EPS: CN¥0.42 (vs CN¥0.25 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.42 (up from CN¥0.25 in 2Q 2023). Revenue: CN¥8.89b (down 13% from 2Q 2023). Net income: CN¥589.5m (up 68% from 2Q 2023). Profit margin: 6.6% (up from 3.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.6% 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 fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 16Second quarter 2024 earnings released: EPS: CN¥0.42 (vs CN¥0.25 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.42 (up from CN¥0.25 in 2Q 2023). Revenue: CN¥8.89b (down 13% from 2Q 2023). Net income: CN¥588.1m (up 67% from 2Q 2023). Profit margin: 6.6% (up from 3.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.2% 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 increased by 12% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • Jun 29Xiamen Tungsten Co.,Ltd. to Report First Half, 2024 Results on Aug 23, 2024Xiamen Tungsten Co.,Ltd. announced that they will report first half, 2024 results on Aug 23, 2024Reported Earnings • Apr 20First quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.31 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.30 (down from CN¥0.31 in 1Q 2023). Revenue: CN¥8.27b (down 3.4% from 1Q 2023). Net income: CN¥427.1m (down 2.9% from 1Q 2023). Profit margin: 5.2% (up from 5.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 9.9% 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 but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 20Xiamen Tungsten Co.,Ltd., Annual General Meeting, May 10, 2024Xiamen Tungsten Co.,Ltd., Annual General Meeting, May 10, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian Chinaお知らせ • Mar 29Xiamen Tungsten Co.,Ltd. to Report Q1, 2024 Results on Apr 19, 2024Xiamen Tungsten Co.,Ltd. announced that they will report Q1, 2024 results on Apr 19, 2024Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥16.47, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.62 per share.Reported Earnings • Jan 17Full year 2023 earnings released: EPS: CN¥1.13 (vs CN¥1.03 in FY 2022)Full year 2023 results: EPS: CN¥1.13 (up from CN¥1.03 in FY 2022). Revenue: CN¥39.4b (down 18% from FY 2022). Net income: CN¥1.60b (up 11% from FY 2022). Profit margin: 4.1% (up from 3.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 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 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Dec 30Xiamen Tungsten Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024Xiamen Tungsten Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024お知らせ • Dec 22Xiamen Tungsten's Indirect Controlling Shareholder Plans to Raise Company StakeXiamen Tungsten Co.,Ltd. (SHSE:600549) said indirect controlling shareholder plans to raise stake in the company by CNY 50 million- CNY 100 million ($7.01 million -$14.01 million) within six months.Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.28 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.26 (down from CN¥0.28 in 3Q 2022). Revenue: CN¥10.8b (down 15% from 3Q 2022). Net income: CN¥369.8m (down 7.1% from 3Q 2022). Profit margin: 3.4% (up from 3.1% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 18% 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 increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 30Xiamen Tungsten Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023Xiamen Tungsten Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.38 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.38 in 2Q 2022). Revenue: CN¥10.2b (down 26% from 2Q 2022). Net income: CN¥351.2m (down 34% from 2Q 2022). Profit margin: 3.5% (down from 3.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% 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 33% 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 • Jul 15Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.38 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.38 in 2Q 2022). Revenue: CN¥10.2b (down 26% from 2Q 2022). Net income: CN¥351.8m (down 34% from 2Q 2022). Profit margin: 3.5% (down from 3.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% 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 33% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 28Xiamen Tungsten Co.,Ltd. to Report First Half, 2023 Results on Aug 26, 2023Xiamen Tungsten Co.,Ltd. announced that they will report first half, 2023 results on Aug 26, 2023お知らせ • May 19Xiamen Tungsten Co.,Ltd. announced that it expects to receive CNY 4 billion in funding from Fujian Yekong Equity Investment Management Co., Ltd.Xiamen Tungsten Co., Ltd. announced a private placement of 425,537,760 A shares for gross proceeds of CNY 4,000,000,000 on May 18, 2023. The issuance price of this of stocks shall not be lower than 80% of the average stock trading price of the 20 trading days before the pricing base date. The company will issue the shares to not more than 35 (including 35) specific investors, including Fujian Metallurgical (Holding) Co., Ltd., On the same date, the transaction was approved at the 26th meeting of the ninth session of the board of directors and the twelfth session of the ninth session of the board of supervisors. The transaction is subjected to the approval of shareholders, Shanghai Stock Exchange, China Securities Regulatory Commission, and Fujian Provincial State-owned Assets Supervision and Administration Commission. All securities issued in the transaction are subject to a hold period of 36 months from the issuance closing date.Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.27 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.31 (up from CN¥0.27 in 1Q 2022). Revenue: CN¥8.56b (down 19% from 1Q 2022). Net income: CN¥440.1m (up 16% from 1Q 2022). Profit margin: 5.1% (up from 3.6% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 27% p.a. on average during the next 2 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 increased by 41% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 23Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: CN¥1.04 (up from CN¥0.84 in FY 2021). Revenue: CN¥48.2b (up 51% from FY 2021). Net income: CN¥1.46b (up 24% from FY 2021). Profit margin: 3.0% (down from 3.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 24% p.a. on average during the next 2 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 increased by 48% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 16Price target increased to CN¥22.32Up from CN¥20.79, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥22.56. Stock is up 1.2% over the past year. The company is forecast to post earnings per share of CN¥1.15 for next year compared to CN¥0.84 last year.Board Change • Nov 16Less than half of directors are independentThere are 5 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: 3 independent directors. 6 non-independent directors. Independent Director Wenwen Cheng 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.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥23.23, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 87% over the past three years.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.22 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.22 in 3Q 2021). Revenue: CN¥12.8b (up 61% from 3Q 2021). Net income: CN¥397.9m (up 29% from 3Q 2021). Profit margin: 3.1% (down from 3.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% 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 57% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 22Price target increased to CN¥26.28Up from CN¥20.79, the current price target is an average from 2 analysts. New target price is 16% above last closing price of CN¥22.72. Stock is down 4.5% over the past year. The company is forecast to post earnings per share of CN¥1.03 for next year compared to CN¥0.84 last year.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.38 (vs CN¥0.27 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.38 (up from CN¥0.27 in 2Q 2021). Revenue: CN¥13.7b (up 72% from 2Q 2021). Net income: CN¥529.1m (up 40% from 2Q 2021). Profit margin: 3.9% (down from 4.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, 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 61% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥24.80, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 98% over the past three years.Reported Earnings • Jul 17Second quarter 2022 earnings released: EPS: CN¥0.38 (vs CN¥0.27 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.38 (up from CN¥0.27 in 2Q 2021). Revenue: CN¥13.7b (up 72% from 2Q 2021). Net income: CN¥532.3m (up 40% from 2Q 2021). Profit margin: 3.9% (down from 4.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.2%, compared to a 36% growth forecast for the 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 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥19.27, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 35% over the past three years.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Xiao Jie Ye was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 16Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.84 (up from CN¥0.44 in FY 2020). Revenue: CN¥3.18m (down 100% from FY 2020). Net income: CN¥117.9k (down 100% from FY 2020). Profit margin: 3.7% (up from 3.2% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 19%. Over the next year, revenue is forecast to grow 964,806%, compared to a 26% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥24.57, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 95% over the past three years.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥23.14, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 66% over the past three years.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥32.93, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 158% over the past three years.Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.12 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥7.93b (up 81% from 2Q 2020). Net income: CN¥379.2m (up 135% from 2Q 2020). Profit margin: 4.8% (up from 3.7% 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 29% per year and the company’s share price has also increased by 29% per year.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥30.15, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 124% over the past three years.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥31.20, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 114% over the past three years.Major Estimate Revision • Jul 09Consensus EPS estimates increase to CN¥0.64The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from CN¥22.2b to CN¥23.2b. EPS estimate increased from CN¥0.48 to CN¥0.64 per share. Net income forecast to grow 13% next year vs 34% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥20.79 to CN¥24.23. Share price rose 27% to CN¥26.96 over the past week.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥23.93, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 64% over the past three years.Reported Earnings • Apr 24First quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.051 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥6.30b (up 78% from 1Q 2020). Net income: CN¥308.0m (up 328% from 1Q 2020). Profit margin: 4.9% (up from 2.0% 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 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 01Full year 2020 earnings released: EPS CN¥0.44 (vs CN¥0.18 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥19.0b (up 9.0% from FY 2019). Net income: CN¥614.1m (up 136% from FY 2019). Profit margin: 3.2% (up from 1.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% 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.お知らせ • Mar 09Xiamen Tungsten Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021Xiamen Tungsten Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥20.83, the stock is trading at a trailing P/E ratio of 56.4x, up from the previous P/E ratio of 47.7x. This compares to an average P/E of 29x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 22%.Is New 90 Day High Low • Feb 10New 90-day high: CN¥20.83The company is up 42% from its price of CN¥14.63 on 12 November 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 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥24.80 per share.Is New 90 Day High Low • Jan 21New 90-day high: CN¥18.14The company is up 33% from its price of CN¥13.61 on 23 October 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.84 per share.Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥18.14, the stock is trading at a trailing P/E ratio of 49.2x, up from the previous P/E ratio of 41.7x. 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 6.1%.Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥17.60, the stock is trading at a trailing P/E ratio of 47.7x, up from the previous P/E ratio of 39.3x. 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 2.2%.Is New 90 Day High Low • Dec 18New 90-day high: CN¥16.50The company is up 16% from its price of CN¥14.28 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 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥23.56 per share.Is New 90 Day High Low • Nov 17New 90-day high: CN¥15.45The company is up 2.0% from its price of CN¥15.10 on 19 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 up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.03 per share.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥520.8m, up 228% from the prior year. Total revenue was CN¥17.5b over the last 12 months, down 3.5% from the prior year.お知らせ • Oct 27Xiamen Tungsten Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Xiamen Tungsten Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020株主還元600549CN Metals and MiningCN 市場7D23.3%9.1%5.1%1Y145.2%41.6%12.8%株主還元を見る業界別リターン: 600549過去 1 年間で41.6 % の収益を上げたCN Metals and Mining業界を上回りました。リターン対市場: 600549過去 1 年間で12.8 % の収益を上げたCN市場を上回りました。価格変動Is 600549's price volatile compared to industry and market?600549 volatility600549 Average Weekly Movement11.5%Metals and Mining Industry Average Movement8.1%Market Average Movement7.4%10% most volatile stocks in CN Market12.6%10% least volatile stocks in CN Market4.4%安定した株価: 600549の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 600549の weekly volatility ( 12% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト195819,486Gao Chao Wuwww.cxtc.comアモイタングステン有限公司は、中国でタングステン、モリブデン、レアアース、新エネルギー材料の販売を行っている。タングステンやモリブデンなどの非鉄金属製品、レアアース事業、電池材料、不動産・支援管理部門を通じて事業を展開している。タングステンの採掘・製錬、レアアース発光材料の採掘・製錬・分離、新エネルギー電池材料の研究開発・生産・販売を行っている。また、タングステン粉、ワイヤー、超硬合金、磁性材料、モリブデン製品、光源、電気真空、半導体、オプトエレクトロニクス、機械加工などの分野で使用されるアルミニウムやアルミニウム合金などの提供も行っている。また、高電圧コバルト酸リチウム、高電圧三元材料、高出力三元材料、高ニッケル三元材料、水素エネルギー材料、リン酸鉄リチウムなどを提供し、新エネルギー自動車、3C家電、エネルギー貯蔵などの分野で使用されている。1997年12月に厦門タングステン有限公司に社名を変更した。厦門タングステン有限公司は1997年に設立され、中国の厦門に本社を置いている。もっと見るXiamen Tungsten Co.,Ltd. 基礎のまとめXiamen TungstenLtd の収益と売上を時価総額と比較するとどうか。600549 基礎統計学時価総額CN¥92.13b収益（TTM）CN¥3.03b売上高(TTM)CN¥53.59b30.4xPER（株価収益率1.7xP/Sレシオ600549 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計600549 損益計算書（TTM）収益CN¥53.59b売上原価CN¥43.74b売上総利益CN¥9.85bその他の費用CN¥6.82b収益CN¥3.03b直近の収益報告Mar 31, 2026次回決算日Aug 21, 2026一株当たり利益（EPS）1.91グロス・マージン18.38%純利益率5.66%有利子負債／自己資本比率53.9%600549 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.0%現在の配当利回り31%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/09 07:31終値2026/08/07 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Xiamen Tungsten Co.,Ltd. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。15 アナリスト機関Hua LiChina Galaxy Securities Co., Ltd.Changzhou WangChina International Capital Corporation LimitedNing LiChina Stock Investment Research Co. Ltd. (DeepValue.online)12 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥57.47, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 219% over the past three years.
Board Change • Jul 23Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Yingqi Li was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥50.18, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 184% over the past three years.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥70.84, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 291% over the past three years.
お知らせ • Jun 30Xiamen Tungsten Co.,Ltd. to Report First Half, 2026 Results on Aug 21, 2026Xiamen Tungsten Co.,Ltd. announced that they will report first half, 2026 results on Aug 21, 2026
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥85.91, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 391% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥146 per share.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment improves as stock rises 28%After last week's 28% share price gain to CN¥57.47, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 219% over the past three years.
Board Change • Jul 23Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Yingqi Li was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to CN¥50.18, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 184% over the past three years.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥70.84, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 291% over the past three years.
お知らせ • Jun 30Xiamen Tungsten Co.,Ltd. to Report First Half, 2026 Results on Aug 21, 2026Xiamen Tungsten Co.,Ltd. announced that they will report first half, 2026 results on Aug 21, 2026
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥85.91, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 391% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥146 per share.
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥60.01, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 246% over the past three years.
Major Estimate Revision • May 04Consensus revenue estimates increase by 41%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥54.8b to CN¥77.1b. EPS estimate increased from CN¥1.98 to CN¥2.88 per share. Net income forecast to grow 59% next year vs 54% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥47.61 to CN¥77.80. Share price was steady at CN¥57.78 over the past week.
お知らせ • Apr 24Xiamen Tungsten Co.,Ltd., Annual General Meeting, May 15, 2026Xiamen Tungsten Co.,Ltd., Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China
Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.70 (vs CN¥0.25 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.70 (up from CN¥0.25 in 1Q 2025). Revenue: CN¥15.7b (up 88% from 1Q 2025). Net income: CN¥1.11b (up 183% from 1Q 2025). Profit margin: 7.0% (up from 4.7% 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 16% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥66.30, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 266% over the past three years.
お知らせ • Apr 16+ 1 more updateXiamen Tungsten Co.,Ltd. (SHSE:600549) completed the acquisition of 39% stake in Jiujiang Dadi Mining Development Co., Ltd. from Beijing Shangdaxin Investment Co., Ltd.Xiamen Tungsten Co.,Ltd. (SHSE:600549) agreed to acquire 39% stake in Jiujiang Dadi Mining Development Co., Ltd. from Beijing Shangdaxin Investment Co., Ltd. for approximately CNY 170 million on February 10, 2026. As per the transaction, will pay a deposit of CNY 28 million within 5 working days after the intent agreement takes effect. Upon the formal signing of the “equity transfer agreement”, this deposit shall automatically be converted as payment for the 1st installment of the equity transfer price. As of October 31, 2025, Jiujiang Dadi Mining Development Co., Ltd. reported total assets of CNY 260.82 million and total common equity of CNY 78.5 million. As per the announcement dated March 24, 2026 the transaction has been approved by Xiamen Tungsten Co.,Ltd. Audit Committee, the Independent Directors' Special Meeting, and the 25th Meeting of the 10th Board of Directors. Xiamen Tungsten Co.,Ltd. (SHSE:600549) completed the acquisition of 39% stake in Jiujiang Dadi Mining Development Co., Ltd. from Beijing Shangdaxin Investment Co., Ltd. on April 15, 2026.
お知らせ • Mar 30Xiamen Tungsten Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026Xiamen Tungsten Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
New Risk • Mar 26New major risk - Share price stabilityThe 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥62.40, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 24x in the Metals and Mining industry in China. Total returns to shareholders of 235% over the past three years.
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥70.15, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 239% over the past three years.
Reported Earnings • Jan 28Full year 2025 earnings released: EPS: CN¥1.46 (vs CN¥1.21 in FY 2024)Full year 2025 results: EPS: CN¥1.46 (up from CN¥1.21 in FY 2024). Revenue: CN¥46.5b (up 32% from FY 2024). Net income: CN¥2.31b (up 34% from FY 2024). Profit margin: 5.0% (up from 4.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥65.51, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 223% over the past three years.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥48.19, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 147% over the past three years.
お知らせ • Dec 26Xiamen Tungsten Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026Xiamen Tungsten Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026
Price Target Changed • Nov 17Price target increased by 107% to CN¥47.61Up from CN¥23.05, the current price target is provided by 1 analyst. New target price is 40% above last closing price of CN¥33.96. Stock is up 65% over the past year. The company is forecast to post earnings per share of CN¥1.55 for next year compared to CN¥1.21 last year.
New Risk • Oct 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change).
Reported Earnings • Oct 25Third quarter 2025 earnings released: EPS: CN¥0.51 (vs CN¥0.27 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.51 (up from CN¥0.27 in 3Q 2024). Revenue: CN¥12.8b (up 39% from 3Q 2024). Net income: CN¥809.6m (up 110% from 3Q 2024). Profit margin: 6.3% (up from 4.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% 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 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 30Xiamen Tungsten Co.,Ltd. to Report Q3, 2025 Results on Oct 25, 2025Xiamen Tungsten Co.,Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025
Reported Earnings • Aug 22Second quarter 2025 earnings released: EPS: CN¥0.37 (vs CN¥0.42 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.37 (down from CN¥0.42 in 2Q 2024). Revenue: CN¥10.8b (up 22% from 2Q 2024). Net income: CN¥581.2m (down 1.4% from 2Q 2024). Profit margin: 5.4% (down from 6.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Jun 30Xiamen Tungsten Co.,Ltd. to Report First Half, 2025 Results on Aug 22, 2025Xiamen Tungsten Co.,Ltd. announced that they will report first half, 2025 results on Aug 22, 2025
お知らせ • May 15Xiamen Tungsten New Energy Material Co., Ltd. agreed to acquire 47% stake in Ganzhou Haopeng Technology Co., Ltd. from Xiamen Tungsten Co.,Ltd. (SHSE:600549) for approximately ¥120 million.Xiamen Tungsten New Energy Material Co., Ltd. agreed to acquire 47% stake in Ganzhou Haopeng Technology Co., Ltd. from Xiamen Tungsten Co.,Ltd. (SHSE:600549) for approximately ¥120 million on May 15, 2025. A cash consideration of ¥119.67 million will be paid by Xiamen Tungsten New Energy Material Co., Ltd. As of March 31, 2025, Ganzhou Haopeng Technology Co., Ltd. reported total assets of ¥176.9 million and total common equity of ¥153.07 million. The transaction has been approved by the board of Xiamen Tungsten Co.,Ltd.
Major Estimate Revision • May 02Consensus EPS estimates fall by 19%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from CN¥1.59 to CN¥1.28 per share. Revenue forecast steady at CN¥41.9b. Net income forecast to grow 23% next year vs 41% growth forecast for Metals and Mining industry in China. Consensus price target of CN¥24.10 unchanged from last update. Share price fell 3.2% to CN¥18.32 over the past week.
Reported Earnings • Apr 26First quarter 2025 earnings released: EPS: CN¥0.25 (vs CN¥0.30 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.25 (down from CN¥0.30 in 1Q 2024). Revenue: CN¥8.38b (up 1.3% from 1Q 2024). Net income: CN¥391.0m (down 8.5% from 1Q 2024). Profit margin: 4.7% (down from 5.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% 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 increased by 10% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Apr 26Xiamen Tungsten Co.,Ltd., Annual General Meeting, May 28, 2025Xiamen Tungsten Co.,Ltd., Annual General Meeting, May 28, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China
お知らせ • Mar 28Xiamen Tungsten Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025Xiamen Tungsten Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
New Risk • Mar 19New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.003x 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 Risks Interest payments are not well covered by earnings (0.003x net interest cover). Revenue is less than US$1m (CN¥3.5m revenue, or US$487k). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Dec 27Xiamen Tungsten Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025Xiamen Tungsten Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025
Price Target Changed • Dec 11Price target increased by 7.6% to CN¥24.80Up from CN¥23.05, the current price target is an average from 2 analysts. New target price is 18% above last closing price of CN¥21.10. Stock is up 25% over the past year. The company is forecast to post earnings per share of CN¥1.33 for next year compared to CN¥1.14 last year.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.26 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.27 (up from CN¥0.26 in 3Q 2023). Revenue: CN¥9.21b (down 15% from 3Q 2023). Net income: CN¥385.8m (up 4.3% from 3Q 2023). Profit margin: 4.2% (up from 3.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% 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 increased by 12% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Sep 30Xiamen Tungsten Co.,Ltd. to Report Q3, 2024 Results on Oct 26, 2024Xiamen Tungsten Co.,Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥20.92, the stock trades at a forward P/E ratio of 14x. 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 23Second quarter 2024 earnings released: EPS: CN¥0.42 (vs CN¥0.25 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.42 (up from CN¥0.25 in 2Q 2023). Revenue: CN¥8.89b (down 13% from 2Q 2023). Net income: CN¥589.5m (up 68% from 2Q 2023). Profit margin: 6.6% (up from 3.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.6% 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 fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 16Second quarter 2024 earnings released: EPS: CN¥0.42 (vs CN¥0.25 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.42 (up from CN¥0.25 in 2Q 2023). Revenue: CN¥8.89b (down 13% from 2Q 2023). Net income: CN¥588.1m (up 67% from 2Q 2023). Profit margin: 6.6% (up from 3.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.2% 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 increased by 12% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • Jun 29Xiamen Tungsten Co.,Ltd. to Report First Half, 2024 Results on Aug 23, 2024Xiamen Tungsten Co.,Ltd. announced that they will report first half, 2024 results on Aug 23, 2024
Reported Earnings • Apr 20First quarter 2024 earnings released: EPS: CN¥0.30 (vs CN¥0.31 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.30 (down from CN¥0.31 in 1Q 2023). Revenue: CN¥8.27b (down 3.4% from 1Q 2023). Net income: CN¥427.1m (down 2.9% from 1Q 2023). Profit margin: 5.2% (up from 5.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 9.9% 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 but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 20Xiamen Tungsten Co.,Ltd., Annual General Meeting, May 10, 2024Xiamen Tungsten Co.,Ltd., Annual General Meeting, May 10, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China
お知らせ • Mar 29Xiamen Tungsten Co.,Ltd. to Report Q1, 2024 Results on Apr 19, 2024Xiamen Tungsten Co.,Ltd. announced that they will report Q1, 2024 results on Apr 19, 2024
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥16.47, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.62 per share.
Reported Earnings • Jan 17Full year 2023 earnings released: EPS: CN¥1.13 (vs CN¥1.03 in FY 2022)Full year 2023 results: EPS: CN¥1.13 (up from CN¥1.03 in FY 2022). Revenue: CN¥39.4b (down 18% from FY 2022). Net income: CN¥1.60b (up 11% from FY 2022). Profit margin: 4.1% (up from 3.0% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 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 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Dec 30Xiamen Tungsten Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024Xiamen Tungsten Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024
お知らせ • Dec 22Xiamen Tungsten's Indirect Controlling Shareholder Plans to Raise Company StakeXiamen Tungsten Co.,Ltd. (SHSE:600549) said indirect controlling shareholder plans to raise stake in the company by CNY 50 million- CNY 100 million ($7.01 million -$14.01 million) within six months.
Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.28 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.26 (down from CN¥0.28 in 3Q 2022). Revenue: CN¥10.8b (down 15% from 3Q 2022). Net income: CN¥369.8m (down 7.1% from 3Q 2022). Profit margin: 3.4% (up from 3.1% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 18% 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 increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 30Xiamen Tungsten Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023Xiamen Tungsten Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023
Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.38 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.38 in 2Q 2022). Revenue: CN¥10.2b (down 26% from 2Q 2022). Net income: CN¥351.2m (down 34% from 2Q 2022). Profit margin: 3.5% (down from 3.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% 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 33% 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 • Jul 15Second quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.38 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.38 in 2Q 2022). Revenue: CN¥10.2b (down 26% from 2Q 2022). Net income: CN¥351.8m (down 34% from 2Q 2022). Profit margin: 3.5% (down from 3.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 23% 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 33% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 28Xiamen Tungsten Co.,Ltd. to Report First Half, 2023 Results on Aug 26, 2023Xiamen Tungsten Co.,Ltd. announced that they will report first half, 2023 results on Aug 26, 2023
お知らせ • May 19Xiamen Tungsten Co.,Ltd. announced that it expects to receive CNY 4 billion in funding from Fujian Yekong Equity Investment Management Co., Ltd.Xiamen Tungsten Co., Ltd. announced a private placement of 425,537,760 A shares for gross proceeds of CNY 4,000,000,000 on May 18, 2023. The issuance price of this of stocks shall not be lower than 80% of the average stock trading price of the 20 trading days before the pricing base date. The company will issue the shares to not more than 35 (including 35) specific investors, including Fujian Metallurgical (Holding) Co., Ltd., On the same date, the transaction was approved at the 26th meeting of the ninth session of the board of directors and the twelfth session of the ninth session of the board of supervisors. The transaction is subjected to the approval of shareholders, Shanghai Stock Exchange, China Securities Regulatory Commission, and Fujian Provincial State-owned Assets Supervision and Administration Commission. All securities issued in the transaction are subject to a hold period of 36 months from the issuance closing date.
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: CN¥0.31 (vs CN¥0.27 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.31 (up from CN¥0.27 in 1Q 2022). Revenue: CN¥8.56b (down 19% from 1Q 2022). Net income: CN¥440.1m (up 16% from 1Q 2022). Profit margin: 5.1% (up from 3.6% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 27% p.a. on average during the next 2 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 increased by 41% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 23Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: CN¥1.04 (up from CN¥0.84 in FY 2021). Revenue: CN¥48.2b (up 51% from FY 2021). Net income: CN¥1.46b (up 24% from FY 2021). Profit margin: 3.0% (down from 3.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 24% p.a. on average during the next 2 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 increased by 48% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 16Price target increased to CN¥22.32Up from CN¥20.79, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of CN¥22.56. Stock is up 1.2% over the past year. The company is forecast to post earnings per share of CN¥1.15 for next year compared to CN¥0.84 last year.
Board Change • Nov 16Less than half of directors are independentThere are 5 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: 3 independent directors. 6 non-independent directors. Independent Director Wenwen Cheng 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.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥23.23, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 87% over the past three years.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.22 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.22 in 3Q 2021). Revenue: CN¥12.8b (up 61% from 3Q 2021). Net income: CN¥397.9m (up 29% from 3Q 2021). Profit margin: 3.1% (down from 3.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% 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 57% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 22Price target increased to CN¥26.28Up from CN¥20.79, the current price target is an average from 2 analysts. New target price is 16% above last closing price of CN¥22.72. Stock is down 4.5% over the past year. The company is forecast to post earnings per share of CN¥1.03 for next year compared to CN¥0.84 last year.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.38 (vs CN¥0.27 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.38 (up from CN¥0.27 in 2Q 2021). Revenue: CN¥13.7b (up 72% from 2Q 2021). Net income: CN¥529.1m (up 40% from 2Q 2021). Profit margin: 3.9% (down from 4.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14%, 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 61% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥24.80, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 98% over the past three years.
Reported Earnings • Jul 17Second quarter 2022 earnings released: EPS: CN¥0.38 (vs CN¥0.27 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.38 (up from CN¥0.27 in 2Q 2021). Revenue: CN¥13.7b (up 72% from 2Q 2021). Net income: CN¥532.3m (up 40% from 2Q 2021). Profit margin: 3.9% (down from 4.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.2%, compared to a 36% growth forecast for the 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 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥19.27, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 35% over the past three years.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Xiao Jie Ye was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 16Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: CN¥0.84 (up from CN¥0.44 in FY 2020). Revenue: CN¥3.18m (down 100% from FY 2020). Net income: CN¥117.9k (down 100% from FY 2020). Profit margin: 3.7% (up from 3.2% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 19%. Over the next year, revenue is forecast to grow 964,806%, compared to a 26% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥24.57, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 95% over the past three years.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥23.14, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 66% over the past three years.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥32.93, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 158% over the past three years.
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.12 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥7.93b (up 81% from 2Q 2020). Net income: CN¥379.2m (up 135% from 2Q 2020). Profit margin: 4.8% (up from 3.7% 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 29% per year and the company’s share price has also increased by 29% per year.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥30.15, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 124% over the past three years.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥31.20, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 114% over the past three years.
Major Estimate Revision • Jul 09Consensus EPS estimates increase to CN¥0.64The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from CN¥22.2b to CN¥23.2b. EPS estimate increased from CN¥0.48 to CN¥0.64 per share. Net income forecast to grow 13% next year vs 34% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥20.79 to CN¥24.23. Share price rose 27% to CN¥26.96 over the past week.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥23.93, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 64% over the past three years.
Reported Earnings • Apr 24First quarter 2021 earnings released: EPS CN¥0.22 (vs CN¥0.051 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥6.30b (up 78% from 1Q 2020). Net income: CN¥308.0m (up 328% from 1Q 2020). Profit margin: 4.9% (up from 2.0% 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 11% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 01Full year 2020 earnings released: EPS CN¥0.44 (vs CN¥0.18 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥19.0b (up 9.0% from FY 2019). Net income: CN¥614.1m (up 136% from FY 2019). Profit margin: 3.2% (up from 1.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% 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.
お知らせ • Mar 09Xiamen Tungsten Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021Xiamen Tungsten Co., Ltd. announced that they will report fiscal year 2020 results on Mar 31, 2021
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥20.83, the stock is trading at a trailing P/E ratio of 56.4x, up from the previous P/E ratio of 47.7x. This compares to an average P/E of 29x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 22%.
Is New 90 Day High Low • Feb 10New 90-day high: CN¥20.83The company is up 42% from its price of CN¥14.63 on 12 November 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 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥24.80 per share.
Is New 90 Day High Low • Jan 21New 90-day high: CN¥18.14The company is up 33% from its price of CN¥13.61 on 23 October 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.84 per share.
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improved over the past weekAfter last week's 18% share price gain to CN¥18.14, the stock is trading at a trailing P/E ratio of 49.2x, up from the previous P/E ratio of 41.7x. 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 6.1%.
Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improved over the past weekAfter last week's 21% share price gain to CN¥17.60, the stock is trading at a trailing P/E ratio of 47.7x, up from the previous P/E ratio of 39.3x. 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 2.2%.
Is New 90 Day High Low • Dec 18New 90-day high: CN¥16.50The company is up 16% from its price of CN¥14.28 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 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥23.56 per share.
Is New 90 Day High Low • Nov 17New 90-day high: CN¥15.45The company is up 2.0% from its price of CN¥15.10 on 19 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 up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥22.03 per share.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥520.8m, up 228% from the prior year. Total revenue was CN¥17.5b over the last 12 months, down 3.5% from the prior year.
お知らせ • Oct 27Xiamen Tungsten Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020Xiamen Tungsten Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020
