View ValuationWestern MiningLtd 将来の成長Future 基準チェック /26Western MiningLtd利益と収益がそれぞれ年間13.6%と6.6%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に21.7% 13.5%なると予測されています。主要情報13.6%収益成長率13.52%EPS成長率Metals and Mining 収益成長25.5%収益成長率6.6%将来の株主資本利益率21.66%アナリストカバレッジLow最終更新日03 May 2026今後の成長に関する最新情報Price Target Changed • Apr 23Price target increased by 19% to CN¥32.98Up from CN¥27.65, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CN¥28.90. Stock is up 90% over the past year. The company is forecast to post earnings per share of CN¥2.26 for next year compared to CN¥1.53 last year.Price Target Changed • Jul 31Price target increased by 10% to CN¥19.70Up from CN¥17.85, the current price target is an average from 3 analysts. New target price is 18% above last closing price of CN¥16.69. Stock is up 2.1% over the past year. The company is forecast to post earnings per share of CN¥1.55 for next year compared to CN¥1.23 last year.Price Target Changed • Apr 18Price target decreased by 11% to CN¥20.43Down from CN¥22.96, the current price target is an average from 3 analysts. New target price is 36% above last closing price of CN¥15.00. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥1.56 for next year compared to CN¥1.23 last year.Major Estimate Revision • Apr 18Consensus revenue estimates increase by 15%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CN¥51.0b to CN¥58.8b. EPS estimate fell from CN¥1.82 to CN¥1.56. Net income forecast to grow 26% next year vs 40% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥22.96 to CN¥20.43. Share price was steady at CN¥15.00 over the past week.Price Target Changed • Oct 24Price target increased by 9.3% to CN¥23.59Up from CN¥21.59, the current price target is an average from 4 analysts. New target price is 30% above last closing price of CN¥18.15. Stock is up 43% over the past year. The company is forecast to post earnings per share of CN¥1.52 for next year compared to CN¥1.17 last year.Price Target Changed • Nov 16Price target increased by 9.8% to CN¥17.58Up from CN¥16.00, the current price target is an average from 2 analysts. New target price is 40% above last closing price of CN¥12.52. Stock is up 12% over the past year. The company is forecast to post earnings per share of CN¥1.34 for next year compared to CN¥1.45 last year.すべての更新を表示Recent updatesReported Earnings • Apr 29First quarter 2026 earnings released: EPS: CN¥0.67 (vs CN¥0.34 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.67 (up from CN¥0.34 in 1Q 2025). Revenue: CN¥18.7b (up 13% from 1Q 2025). Net income: CN¥1.59b (up 96% from 1Q 2025). Profit margin: 8.5% (up from 4.9% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% 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 6% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Apr 23Price target increased by 19% to CN¥32.98Up from CN¥27.65, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CN¥28.90. Stock is up 90% over the past year. The company is forecast to post earnings per share of CN¥2.26 for next year compared to CN¥1.53 last year.New Risk • Mar 27New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 58% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (58% net debt to equity). 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 (8.7% average weekly change).お知らせ • Mar 26Western Mining Co.,Ltd., Annual General Meeting, Apr 15, 2026Western Mining Co.,Ltd., Annual General Meeting, Apr 15, 2026, at 14:30 China Standard Time.Reported Earnings • Mar 26Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥1.53 (up from CN¥1.23 in FY 2024). Revenue: CN¥61.7b (up 23% from FY 2024). Net income: CN¥3.64b (up 24% from FY 2024). Profit margin: 5.9% (in line with FY 2024). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 6.4%. Revenue is forecast to grow 11% 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 remained flat but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.New Risk • Feb 02New 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 7.6% 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 High level of debt (61% net debt to equity). 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 (7.6% average weekly change).Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥34.90, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 271% over the past three years.Reported Earnings • Oct 25Third quarter 2025 earnings released: EPS: CN¥0.46 (vs CN¥0.47 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.46 (down from CN¥0.47 in 3Q 2024). Revenue: CN¥16.8b (up 43% from 3Q 2024). Net income: CN¥1.08b (down 3.2% from 3Q 2024). Profit margin: 6.4% (down from 9.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥22.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 189% over the past three years.Price Target Changed • Jul 31Price target increased by 10% to CN¥19.70Up from CN¥17.85, the current price target is an average from 3 analysts. New target price is 18% above last closing price of CN¥16.69. Stock is up 2.1% over the past year. The company is forecast to post earnings per share of CN¥1.55 for next year compared to CN¥1.23 last year.Reported Earnings • Jul 26Second quarter 2025 earnings released: EPS: CN¥0.44 (vs CN¥0.37 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.44 (up from CN¥0.37 in 2Q 2024). Revenue: CN¥15.1b (up 7.7% from 2Q 2024). Net income: CN¥1.06b (up 20% from 2Q 2024). Profit margin: 7.0% (up from 6.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.お知らせ • Jun 24Western Mining Co.,Ltd.(SHSE:601168) dropped from Shanghai Stock Exchange 180 Value IndexWestern Mining Co.,Ltd removedPrice Target Changed • Apr 18Price target decreased by 11% to CN¥20.43Down from CN¥22.96, the current price target is an average from 3 analysts. New target price is 36% above last closing price of CN¥15.00. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥1.56 for next year compared to CN¥1.23 last year.Major Estimate Revision • Apr 18Consensus revenue estimates increase by 15%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CN¥51.0b to CN¥58.8b. EPS estimate fell from CN¥1.82 to CN¥1.56. Net income forecast to grow 26% next year vs 40% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥22.96 to CN¥20.43. Share price was steady at CN¥15.00 over the past week.Board Change • Apr 15Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Da Ze Huang 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.お知らせ • Apr 14Western Mining Co.,Ltd., Annual General Meeting, May 07, 2025Western Mining Co.,Ltd., Annual General Meeting, May 07, 2025, at 14:30 China Standard Time.Reported Earnings • Apr 12Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥1.23 (up from CN¥1.17 in FY 2023). Revenue: CN¥50.0b (up 17% from FY 2023). Net income: CN¥2.93b (up 5.1% from FY 2023). Profit margin: 5.9% (down from 6.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 4.4% 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 2% per year whereas the company’s share price has increased by 3% per year.Price Target Changed • Oct 24Price target increased by 9.3% to CN¥23.59Up from CN¥21.59, the current price target is an average from 4 analysts. New target price is 30% above last closing price of CN¥18.15. Stock is up 43% over the past year. The company is forecast to post earnings per share of CN¥1.52 for next year compared to CN¥1.17 last year.Reported Earnings • Oct 19Third quarter 2024 earnings released: EPS: CN¥0.47 (vs CN¥0.29 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.47 (up from CN¥0.29 in 3Q 2023). Revenue: CN¥11.7b (up 23% from 3Q 2023). Net income: CN¥1.11b (up 61% from 3Q 2023). Profit margin: 9.5% (up from 7.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% 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 3% per year whereas the company’s share price has increased by 5% per year.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥18.97, 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 returns to shareholders of 58% over the past three years.Reported Earnings • Jul 27Second quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.34 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.37 (up from CN¥0.34 in 2Q 2023). Revenue: CN¥14.0b (up 26% from 2Q 2023). Net income: CN¥883.7m (up 6.9% from 2Q 2023). Profit margin: 6.3% (down from 7.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% 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 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥15.93, 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 returns to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.44 per share.Declared Dividend • May 27Dividend of CN¥0.50 announcedShareholders will receive a dividend of CN¥0.50. Ex-date: 31st May 2024 Payment date: 31st May 2024 Dividend yield will be 2.6%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Apr 20First quarter 2024 earnings released: EPS: CN¥0.31 (vs CN¥0.29 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.31 (up from CN¥0.29 in 1Q 2023). Revenue: CN¥11.0b (down 5.2% from 1Q 2023). Net income: CN¥737.0m (up 8.4% from 1Q 2023). Profit margin: 6.7% (up from 5.9% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.7% 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 whereas the company’s share price has increased by 15% per year.Reported Earnings • Mar 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: CN¥1.17 (down from CN¥1.45 in FY 2022). Revenue: CN¥42.7b (up 7.5% from FY 2022). Net income: CN¥2.79b (down 19% from FY 2022). Profit margin: 6.5% (down from 8.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 4.8% 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 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 16Price target increased by 9.8% to CN¥17.58Up from CN¥16.00, the current price target is an average from 2 analysts. New target price is 40% above last closing price of CN¥12.52. Stock is up 12% over the past year. The company is forecast to post earnings per share of CN¥1.34 for next year compared to CN¥1.45 last year.Board Change • Oct 21High number of new directorsVice Chairman Yongsheng Zhong was the last director to join the board, commencing their role in 2022.New Risk • Oct 21New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.36 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.34 (down from CN¥0.36 in 2Q 2022). Revenue: CN¥11.1b (up 33% from 2Q 2022). Net income: CN¥826.9m (down 4.0% from 2Q 2022). Profit margin: 7.4% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% 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 43% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 22Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥10.91, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 134% over the past three years.Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Head of Finance, Accounting Officer, VP & Non-Independent Director Yanyong Kang is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.03, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 114% over the past three years.Reported Earnings • Oct 23Third quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.36 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.32 (down from CN¥0.36 in 3Q 2021). Revenue: CN¥9.93b (flat on 3Q 2021). Net income: CN¥782.3m (down 7.6% from 3Q 2021). Profit margin: 7.9% (down from 8.5% in 3Q 2021). Revenue is forecast to stay flat 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 71% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 25Second quarter 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.39 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.36 (down from CN¥0.39 in 2Q 2021). Revenue: CN¥8.35b (down 22% from 2Q 2021). Net income: CN¥861.0m (down 8.1% from 2Q 2021). Profit margin: 10% (up from 8.7% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 13%, compared to a 34% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Board Change • May 10High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Head of Finance, Accounting Officer, VP & Non-Independent Director Yanyong Kang is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Apr 27Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥1.23 (up from CN¥0.38 in FY 2020). Revenue: CN¥38.4b (up 34% from FY 2020). Net income: CN¥2.93b (up 223% from FY 2020). Profit margin: 7.6% (up from 3.2% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Gold Proved and probable reserves (ore): 7.725 Mt (3.713 Mt in FY 2020) Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 6.2%, compared to a 35% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 04An unknown buyer agreed to acquire a 27% stake in Qinghai Dongtaijinaier Lithium Resources Co., Ltd. from Western Mining Co.,Ltd (SHSE:601168) for CNY 3.3 billion.An unknown buyer agreed to acquire a 27% stake in Qinghai Dongtaijinaier Lithium Resources Co., Ltd. from Western Mining Co.,Ltd (SHSE:601168) for CNY 3.3 billion on February 28, 2022.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥17.38, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 172% over the past three years.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥14.66, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 161% over the past three years.Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.36 (vs CN¥0.20 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥9.94b (up 29% from 3Q 2020). Net income: CN¥846.5m (up 74% from 3Q 2020). Profit margin: 8.5% (up from 6.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥15.99, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 170% over the past three years.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥19.30, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 244% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.96 per share.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥16.66, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 180% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.72 per share.Reported Earnings • Jul 18Second quarter 2021 earnings released: EPS CN¥0.39 (vs CN¥0.13 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥10.7b (up 45% from 2Q 2020). Net income: CN¥936.5m (up 241% from 2Q 2020). Profit margin: 8.7% (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 63% 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 • May 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥15.95, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 127% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.42 per share.Reported Earnings • May 01Full year 2020 earnings released: EPS CN¥0.38 (vs CN¥0.42 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥28.6b (down 6.6% from FY 2019). Net income: CN¥907.8m (down 9.9% from FY 2019). Profit margin: 3.2% (down from 3.3% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥13.48, the stock is trading at a trailing P/E ratio of 31.2x, down from the previous P/E ratio of 37.5x. This compares to an average P/E of 33x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 86%.お知らせ • Mar 05Western Mining Co.,Ltd to Report Fiscal Year 2020 Results on Mar 27, 2021Western Mining Co.,Ltd announced that they will report fiscal year 2020 results on Mar 27, 2021Is New 90 Day High Low • Feb 18New 90-day high: CN¥16.64The company is up 26% from its price of CN¥13.19 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥102 per share.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥15.13, the stock is trading at a trailing P/E ratio of 35x, up from the previous P/E ratio of 28.5x. This compares to an average P/E of 30x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 122%.お知らせ • Jan 28Western Mining Co.,Ltd(XSSC:601168) dropped from FTSE All-World Index (USD)Western Mining Co.,Ltd(XSSC:601168) dropped from FTSE All-World Index (USD)Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥14.32, the stock is trading at a trailing P/E ratio of 33.1x, up from the previous P/E ratio of 27.8x. This compares to an average P/E of 31x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 72%.Is New 90 Day High Low • Jan 05New 90-day high: CN¥14.32The company is up 68% from its price of CN¥8.54 on 30 September 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 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥95.68 per share.Valuation Update With 7 Day Price Move • Nov 05Market bids up stock over the past weekAfter last week's 16% share price gain to CN¥10.76, the stock is trading at a trailing P/E ratio of 24.9x, up from the previous P/E ratio of 21.4x. This compares to an average P/E of 32x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 37%.Is New 90 Day High Low • Nov 04New 90-day high: CN¥10.35The company is up 24% from its price of CN¥8.37 on 06 August 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥83.85 per share.お知らせ • Oct 12Western Mining Co.,Ltd (SHSE:601168) agreed to acquire 91.4% stake in Qinghai Western Magnesium Co., Ltd. from Western Mining Group Co., Ltd. for approximately CNY 560 million.Western Mining Co.,Ltd (SHSE:601168) agreed to acquire 91.4% stake in Qinghai Western Magnesium Co., Ltd. from Western Mining Group Co., Ltd. for approximately CNY 560 million on October 10, 2020. The transfer price of the underlying equity under this agreement shall be paid by Western Mining to the bank account designated by Western Mining Group in a lump sum within five working days from the date of completion. As on August 31, 2020, Qinghai Western Magnesium reported total assets of CNY 1.5 billion and net assets of CNY 392.1 million. In the year ending December 31, 2019, Qinghai Western Magnesium reported total assets of CNY 1.4 billion, net assets of CNY 294.2 million, operating revenue of CNY 100.98 million, total profit and net profit of CNY 1.26 million. According to the "Articles of Association", "Rules of Procedure of the General Meeting of Shareholders" and other relevant regulations, the proposal still needs to be submitted to the general meeting of shareholders for consideration.お知らせ • Aug 13Western Mining Co.,Ltd (SHSE:601168) signed an agreement to acquire 3.64% stake in Qinghai Ganhe Industrial Park Development and Construction Co., Ltd. from Western Mining Group Co., Ltd. for approximately CNY 170 million.Western Mining Co.,Ltd (SHSE:601168) signed an agreement to acquire 3.64% stake in Qinghai Ganhe Industrial Park Development and Construction Co., Ltd. from Western Mining Group Co., Ltd. for approximately CNY 170 million on August 13, 2020. Under the terms, Western Mining Co.,Ltd plans to use proceeds CNY 171.9 million for acquisition and the payment will be done within five working days after the completion of industrial and commercial change. After the acquisition, Western Mining Co.,Ltd will hold 5.44% stake in Qinghai Ganhe Industrial Park Development and Construction. The financials of Qinghai Ganhe Industrial Park Development and Construction for the year ended December 31, 2019, are total assets of CNY 11.49 billion, net assets of CNY 5.17 billion, operating revenues of CNY 9.18 million, total profit of CNY 0.27 million and net profit of CNY 0.2 million. The transaction value is assessed by Beijing Pan-China Appraisal Co., Ltd.業績と収益の成長予測SHSE:601168 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202877,4376,54611,25513,597312/31/202772,9826,01010,30812,353412/31/202670,0275,38010,03811,42043/31/202663,8694,4215911,699N/A12/31/202561,6873,6437,16810,211N/A9/30/202561,7433,1455,5808,943N/A6/30/202556,6683,1804,6428,217N/A3/31/202555,5933,0026,72710,362N/A12/31/202450,0262,9324,9568,246N/A9/30/202447,2403,3245,7338,975N/A6/30/202445,0412,9035,6978,812N/A3/31/202442,1482,8463,8656,713N/A12/31/202342,7482,7893,3516,239N/A9/30/202345,0793,2356,2438,636N/A6/30/202345,5963,3194,8216,770N/A3/31/202342,9793,3425,8327,779N/A12/31/202240,2383,4178,40310,297N/A9/30/202236,8303,0555,8978,483N/A6/30/202236,7083,1266,5259,409N/A3/31/202238,9413,2135,4308,406N/A12/31/202138,5002,9324,8807,953N/A9/30/202136,5292,3342,1535,729N/A6/30/202134,3111,9951,6345,660N/A3/31/202130,9791,332-1734,383N/A12/31/202028,674907-1,3663,293N/A9/30/202029,4661,0262,1156,164N/A6/30/202029,037743-3813,299N/A3/31/202028,7758141483,265N/A12/31/201930,5671,007N/A3,875N/A9/30/201930,734-1,927N/A2,827N/A6/30/201929,412-2,046N/A3,248N/A3/31/201929,933-2,155N/A2,741N/A12/31/201828,770-2,059N/A626N/A9/30/201826,375835N/A484N/A6/30/201827,405789N/A1,616N/A3/31/201828,550771N/A1,799N/A12/31/201728,191473N/A1,427N/A9/30/201725,171297N/A3,306N/A6/30/201727,631329N/A2,741N/A3/31/201727,749238N/A3,337N/A12/31/201627,776100N/A2,672N/A9/30/201633,137138N/A2,115N/A6/30/201633,12719N/A2,123N/A3/31/201629,108-18N/A692N/A12/31/201526,76730N/A2,430N/A9/30/201527,70348N/A3,681N/A6/30/201523,829214N/A3,758N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 601168の予測収益成長率 (年間13.6% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 601168の収益 ( 13.6% ) CN市場 ( 27.2% ) よりも低い成長が予測されています。高成長収益: 601168の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 601168の収益 ( 6.6% ) CN市場 ( 16.2% ) よりも低い成長が予測されています。高い収益成長: 601168の収益 ( 6.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 601168の 自己資本利益率 は、3年後には高くなると予測されています ( 21.7 %)成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance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2026/05/21 09:16終値2026/05/21 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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Western Mining Co.,Ltd. 4 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。11 アナリスト機関Manwen HeChina International Capital Corporation LimitedYou You LiuChina Stock Investment Research Co. Ltd. (GZ500..com)Chong AoCitic Securities Co., Ltd.8 その他のアナリストを表示
Price Target Changed • Apr 23Price target increased by 19% to CN¥32.98Up from CN¥27.65, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CN¥28.90. Stock is up 90% over the past year. The company is forecast to post earnings per share of CN¥2.26 for next year compared to CN¥1.53 last year.
Price Target Changed • Jul 31Price target increased by 10% to CN¥19.70Up from CN¥17.85, the current price target is an average from 3 analysts. New target price is 18% above last closing price of CN¥16.69. Stock is up 2.1% over the past year. The company is forecast to post earnings per share of CN¥1.55 for next year compared to CN¥1.23 last year.
Price Target Changed • Apr 18Price target decreased by 11% to CN¥20.43Down from CN¥22.96, the current price target is an average from 3 analysts. New target price is 36% above last closing price of CN¥15.00. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥1.56 for next year compared to CN¥1.23 last year.
Major Estimate Revision • Apr 18Consensus revenue estimates increase by 15%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CN¥51.0b to CN¥58.8b. EPS estimate fell from CN¥1.82 to CN¥1.56. Net income forecast to grow 26% next year vs 40% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥22.96 to CN¥20.43. Share price was steady at CN¥15.00 over the past week.
Price Target Changed • Oct 24Price target increased by 9.3% to CN¥23.59Up from CN¥21.59, the current price target is an average from 4 analysts. New target price is 30% above last closing price of CN¥18.15. Stock is up 43% over the past year. The company is forecast to post earnings per share of CN¥1.52 for next year compared to CN¥1.17 last year.
Price Target Changed • Nov 16Price target increased by 9.8% to CN¥17.58Up from CN¥16.00, the current price target is an average from 2 analysts. New target price is 40% above last closing price of CN¥12.52. Stock is up 12% over the past year. The company is forecast to post earnings per share of CN¥1.34 for next year compared to CN¥1.45 last year.
Reported Earnings • Apr 29First quarter 2026 earnings released: EPS: CN¥0.67 (vs CN¥0.34 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.67 (up from CN¥0.34 in 1Q 2025). Revenue: CN¥18.7b (up 13% from 1Q 2025). Net income: CN¥1.59b (up 96% from 1Q 2025). Profit margin: 8.5% (up from 4.9% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% 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 6% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Apr 23Price target increased by 19% to CN¥32.98Up from CN¥27.65, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CN¥28.90. Stock is up 90% over the past year. The company is forecast to post earnings per share of CN¥2.26 for next year compared to CN¥1.53 last year.
New Risk • Mar 27New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 58% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (58% net debt to equity). 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 (8.7% average weekly change).
お知らせ • Mar 26Western Mining Co.,Ltd., Annual General Meeting, Apr 15, 2026Western Mining Co.,Ltd., Annual General Meeting, Apr 15, 2026, at 14:30 China Standard Time.
Reported Earnings • Mar 26Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CN¥1.53 (up from CN¥1.23 in FY 2024). Revenue: CN¥61.7b (up 23% from FY 2024). Net income: CN¥3.64b (up 24% from FY 2024). Profit margin: 5.9% (in line with FY 2024). Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 6.4%. Revenue is forecast to grow 11% 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 remained flat but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
New Risk • Feb 02New 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 7.6% 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 High level of debt (61% net debt to equity). 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 (7.6% average weekly change).
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥34.90, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 271% over the past three years.
Reported Earnings • Oct 25Third quarter 2025 earnings released: EPS: CN¥0.46 (vs CN¥0.47 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.46 (down from CN¥0.47 in 3Q 2024). Revenue: CN¥16.8b (up 43% from 3Q 2024). Net income: CN¥1.08b (down 3.2% from 3Q 2024). Profit margin: 6.4% (down from 9.5% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥22.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 189% over the past three years.
Price Target Changed • Jul 31Price target increased by 10% to CN¥19.70Up from CN¥17.85, the current price target is an average from 3 analysts. New target price is 18% above last closing price of CN¥16.69. Stock is up 2.1% over the past year. The company is forecast to post earnings per share of CN¥1.55 for next year compared to CN¥1.23 last year.
Reported Earnings • Jul 26Second quarter 2025 earnings released: EPS: CN¥0.44 (vs CN¥0.37 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.44 (up from CN¥0.37 in 2Q 2024). Revenue: CN¥15.1b (up 7.7% from 2Q 2024). Net income: CN¥1.06b (up 20% from 2Q 2024). Profit margin: 7.0% (up from 6.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
お知らせ • Jun 24Western Mining Co.,Ltd.(SHSE:601168) dropped from Shanghai Stock Exchange 180 Value IndexWestern Mining Co.,Ltd removed
Price Target Changed • Apr 18Price target decreased by 11% to CN¥20.43Down from CN¥22.96, the current price target is an average from 3 analysts. New target price is 36% above last closing price of CN¥15.00. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥1.56 for next year compared to CN¥1.23 last year.
Major Estimate Revision • Apr 18Consensus revenue estimates increase by 15%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from CN¥51.0b to CN¥58.8b. EPS estimate fell from CN¥1.82 to CN¥1.56. Net income forecast to grow 26% next year vs 40% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥22.96 to CN¥20.43. Share price was steady at CN¥15.00 over the past week.
Board Change • Apr 15Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Da Ze Huang 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.
お知らせ • Apr 14Western Mining Co.,Ltd., Annual General Meeting, May 07, 2025Western Mining Co.,Ltd., Annual General Meeting, May 07, 2025, at 14:30 China Standard Time.
Reported Earnings • Apr 12Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥1.23 (up from CN¥1.17 in FY 2023). Revenue: CN¥50.0b (up 17% from FY 2023). Net income: CN¥2.93b (up 5.1% from FY 2023). Profit margin: 5.9% (down from 6.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) missed analyst estimates by 19%. Revenue is forecast to grow 4.4% 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 2% per year whereas the company’s share price has increased by 3% per year.
Price Target Changed • Oct 24Price target increased by 9.3% to CN¥23.59Up from CN¥21.59, the current price target is an average from 4 analysts. New target price is 30% above last closing price of CN¥18.15. Stock is up 43% over the past year. The company is forecast to post earnings per share of CN¥1.52 for next year compared to CN¥1.17 last year.
Reported Earnings • Oct 19Third quarter 2024 earnings released: EPS: CN¥0.47 (vs CN¥0.29 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.47 (up from CN¥0.29 in 3Q 2023). Revenue: CN¥11.7b (up 23% from 3Q 2023). Net income: CN¥1.11b (up 61% from 3Q 2023). Profit margin: 9.5% (up from 7.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% 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 3% per year whereas the company’s share price has increased by 5% per year.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥18.97, 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 returns to shareholders of 58% over the past three years.
Reported Earnings • Jul 27Second quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.34 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.37 (up from CN¥0.34 in 2Q 2023). Revenue: CN¥14.0b (up 26% from 2Q 2023). Net income: CN¥883.7m (up 6.9% from 2Q 2023). Profit margin: 6.3% (down from 7.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% 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 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥15.93, 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 returns to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥14.44 per share.
Declared Dividend • May 27Dividend of CN¥0.50 announcedShareholders will receive a dividend of CN¥0.50. Ex-date: 31st May 2024 Payment date: 31st May 2024 Dividend yield will be 2.6%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Apr 20First quarter 2024 earnings released: EPS: CN¥0.31 (vs CN¥0.29 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.31 (up from CN¥0.29 in 1Q 2023). Revenue: CN¥11.0b (down 5.2% from 1Q 2023). Net income: CN¥737.0m (up 8.4% from 1Q 2023). Profit margin: 6.7% (up from 5.9% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.7% 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 whereas the company’s share price has increased by 15% per year.
Reported Earnings • Mar 16Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: CN¥1.17 (down from CN¥1.45 in FY 2022). Revenue: CN¥42.7b (up 7.5% from FY 2022). Net income: CN¥2.79b (down 19% from FY 2022). Profit margin: 6.5% (down from 8.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 4.8% 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 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 16Price target increased by 9.8% to CN¥17.58Up from CN¥16.00, the current price target is an average from 2 analysts. New target price is 40% above last closing price of CN¥12.52. Stock is up 12% over the past year. The company is forecast to post earnings per share of CN¥1.34 for next year compared to CN¥1.45 last year.
Board Change • Oct 21High number of new directorsVice Chairman Yongsheng Zhong was the last director to join the board, commencing their role in 2022.
New Risk • Oct 21New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.
Reported Earnings • Jul 29Second quarter 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.36 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.34 (down from CN¥0.36 in 2Q 2022). Revenue: CN¥11.1b (up 33% from 2Q 2022). Net income: CN¥826.9m (down 4.0% from 2Q 2022). Profit margin: 7.4% (down from 10% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.6% 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 43% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 22Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥10.91, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 134% over the past three years.
Board Change • Nov 16High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Head of Finance, Accounting Officer, VP & Non-Independent Director Yanyong Kang is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥11.03, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 114% over the past three years.
Reported Earnings • Oct 23Third quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.36 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.32 (down from CN¥0.36 in 3Q 2021). Revenue: CN¥9.93b (flat on 3Q 2021). Net income: CN¥782.3m (down 7.6% from 3Q 2021). Profit margin: 7.9% (down from 8.5% in 3Q 2021). Revenue is forecast to stay flat 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 71% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 25Second quarter 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.39 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.36 (down from CN¥0.39 in 2Q 2021). Revenue: CN¥8.35b (down 22% from 2Q 2021). Net income: CN¥861.0m (down 8.1% from 2Q 2021). Profit margin: 10% (up from 8.7% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 13%, compared to a 34% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Board Change • May 10High number of new and inexperienced directorsThere are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. Head of Finance, Accounting Officer, VP & Non-Independent Director Yanyong Kang is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Apr 27Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: CN¥1.23 (up from CN¥0.38 in FY 2020). Revenue: CN¥38.4b (up 34% from FY 2020). Net income: CN¥2.93b (up 223% from FY 2020). Profit margin: 7.6% (up from 3.2% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Gold Proved and probable reserves (ore): 7.725 Mt (3.713 Mt in FY 2020) Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 6.2%, compared to a 35% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 04An unknown buyer agreed to acquire a 27% stake in Qinghai Dongtaijinaier Lithium Resources Co., Ltd. from Western Mining Co.,Ltd (SHSE:601168) for CNY 3.3 billion.An unknown buyer agreed to acquire a 27% stake in Qinghai Dongtaijinaier Lithium Resources Co., Ltd. from Western Mining Co.,Ltd (SHSE:601168) for CNY 3.3 billion on February 28, 2022.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥17.38, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 172% over the past three years.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥14.66, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 161% over the past three years.
Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.36 (vs CN¥0.20 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥9.94b (up 29% from 3Q 2020). Net income: CN¥846.5m (up 74% from 3Q 2020). Profit margin: 8.5% (up from 6.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥15.99, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 170% over the past three years.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥19.30, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 244% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥31.96 per share.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥16.66, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 180% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥30.72 per share.
Reported Earnings • Jul 18Second quarter 2021 earnings released: EPS CN¥0.39 (vs CN¥0.13 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥10.7b (up 45% from 2Q 2020). Net income: CN¥936.5m (up 241% from 2Q 2020). Profit margin: 8.7% (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 63% 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 • May 10Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥15.95, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 127% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥26.42 per share.
Reported Earnings • May 01Full year 2020 earnings released: EPS CN¥0.38 (vs CN¥0.42 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥28.6b (down 6.6% from FY 2019). Net income: CN¥907.8m (down 9.9% from FY 2019). Profit margin: 3.2% (down from 3.3% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥13.48, the stock is trading at a trailing P/E ratio of 31.2x, down from the previous P/E ratio of 37.5x. This compares to an average P/E of 33x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 86%.
お知らせ • Mar 05Western Mining Co.,Ltd to Report Fiscal Year 2020 Results on Mar 27, 2021Western Mining Co.,Ltd announced that they will report fiscal year 2020 results on Mar 27, 2021
Is New 90 Day High Low • Feb 18New 90-day high: CN¥16.64The company is up 26% from its price of CN¥13.19 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥102 per share.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 23% share price gain to CN¥15.13, the stock is trading at a trailing P/E ratio of 35x, up from the previous P/E ratio of 28.5x. This compares to an average P/E of 30x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 122%.
お知らせ • Jan 28Western Mining Co.,Ltd(XSSC:601168) dropped from FTSE All-World Index (USD)Western Mining Co.,Ltd(XSSC:601168) dropped from FTSE All-World Index (USD)
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥14.32, the stock is trading at a trailing P/E ratio of 33.1x, up from the previous P/E ratio of 27.8x. This compares to an average P/E of 31x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 72%.
Is New 90 Day High Low • Jan 05New 90-day high: CN¥14.32The company is up 68% from its price of CN¥8.54 on 30 September 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 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥95.68 per share.
Valuation Update With 7 Day Price Move • Nov 05Market bids up stock over the past weekAfter last week's 16% share price gain to CN¥10.76, the stock is trading at a trailing P/E ratio of 24.9x, up from the previous P/E ratio of 21.4x. This compares to an average P/E of 32x in the Metals and Mining industry in China. Total returns to shareholders over the past three years are 37%.
Is New 90 Day High Low • Nov 04New 90-day high: CN¥10.35The company is up 24% from its price of CN¥8.37 on 06 August 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥83.85 per share.
お知らせ • Oct 12Western Mining Co.,Ltd (SHSE:601168) agreed to acquire 91.4% stake in Qinghai Western Magnesium Co., Ltd. from Western Mining Group Co., Ltd. for approximately CNY 560 million.Western Mining Co.,Ltd (SHSE:601168) agreed to acquire 91.4% stake in Qinghai Western Magnesium Co., Ltd. from Western Mining Group Co., Ltd. for approximately CNY 560 million on October 10, 2020. The transfer price of the underlying equity under this agreement shall be paid by Western Mining to the bank account designated by Western Mining Group in a lump sum within five working days from the date of completion. As on August 31, 2020, Qinghai Western Magnesium reported total assets of CNY 1.5 billion and net assets of CNY 392.1 million. In the year ending December 31, 2019, Qinghai Western Magnesium reported total assets of CNY 1.4 billion, net assets of CNY 294.2 million, operating revenue of CNY 100.98 million, total profit and net profit of CNY 1.26 million. According to the "Articles of Association", "Rules of Procedure of the General Meeting of Shareholders" and other relevant regulations, the proposal still needs to be submitted to the general meeting of shareholders for consideration.
お知らせ • Aug 13Western Mining Co.,Ltd (SHSE:601168) signed an agreement to acquire 3.64% stake in Qinghai Ganhe Industrial Park Development and Construction Co., Ltd. from Western Mining Group Co., Ltd. for approximately CNY 170 million.Western Mining Co.,Ltd (SHSE:601168) signed an agreement to acquire 3.64% stake in Qinghai Ganhe Industrial Park Development and Construction Co., Ltd. from Western Mining Group Co., Ltd. for approximately CNY 170 million on August 13, 2020. Under the terms, Western Mining Co.,Ltd plans to use proceeds CNY 171.9 million for acquisition and the payment will be done within five working days after the completion of industrial and commercial change. After the acquisition, Western Mining Co.,Ltd will hold 5.44% stake in Qinghai Ganhe Industrial Park Development and Construction. The financials of Qinghai Ganhe Industrial Park Development and Construction for the year ended December 31, 2019, are total assets of CNY 11.49 billion, net assets of CNY 5.17 billion, operating revenues of CNY 9.18 million, total profit of CNY 0.27 million and net profit of CNY 0.2 million. The transaction value is assessed by Beijing Pan-China Appraisal Co., Ltd.