Yunnan Tin(000960)株式概要雲南錫有限公司はその子会社とともに、中国国内外での錫の生産、加工、輸出に従事している。 詳細000960 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長1/6過去の実績4/6財務の健全性5/6配当金2/6報酬株価収益率( 21.8 x) CN市場( 39 x)を下回っています。収益は年間15.31%増加すると予測されています 過去1年間で収益は44.3%増加しました 同業他社や業界と比較して、良好な取引価格 アナリストらは、株価が34.7%上昇するだろうとほぼ一致している。 リスク分析1.17%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000960 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW481,730 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 NarrativeBLINRODA481,730 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥30.8931.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2b58b2016201920222025202620282031Revenue CN¥57.7bEarnings CN¥2.7bAdvancedSet Fair ValueView all narrativesYunnan Tin Company Limited 競合他社Henan Shenhuo Coal Industry and Electricity PowerSymbol: SZSE:000933Market cap: CN¥55.8bYunnan Chihong Zinc & GermaniumSymbol: SHSE:600497Market cap: CN¥44.9bLuoyang Shenglong Mining GroupSymbol: SZSE:001257Market cap: CN¥43.4bJinduicheng MolybdenumSymbol: SHSE:601958Market cap: CN¥66.8b価格と性能株価の高値、安値、推移の概要Yunnan Tin過去の株価現在の株価CN¥30.8952週高値CN¥48.8052週安値CN¥17.71ベータ1.251ヶ月の変化-33.71%3ヶ月変化-18.58%1年変化62.92%3年間の変化92.46%5年間の変化76.31%IPOからの変化579.58%最新ニュースValuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥34.18, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 117% over the past three years.お知らせ • Jun 30Yunnan Tin Company Limited to Report First Half, 2026 Results on Aug 20, 2026Yunnan Tin Company Limited announced that they will report first half, 2026 results on Aug 20, 2026New Risk • Jun 24New 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 11% 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 (11% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥35.44, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.10 per share.Buy Or Sell Opportunity • May 27Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to CN¥39.08. The fair value is estimated to be CN¥51.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 4.3% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥41.31, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.71 per share.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥34.18, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 117% over the past three years.お知らせ • Jun 30Yunnan Tin Company Limited to Report First Half, 2026 Results on Aug 20, 2026Yunnan Tin Company Limited announced that they will report first half, 2026 results on Aug 20, 2026New Risk • Jun 24New 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 11% 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 (11% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥35.44, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.10 per share.Buy Or Sell Opportunity • May 27Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to CN¥39.08. The fair value is estimated to be CN¥51.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 4.3% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥41.31, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.71 per share.Reported Earnings • Apr 28First quarter 2026 earnings released: EPS: CN¥0.52 (vs CN¥0.29 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.52 (up from CN¥0.29 in 1Q 2025). Revenue: CN¥15.6b (up 60% from 1Q 2025). Net income: CN¥867.6m (up 74% from 1Q 2025). Profit margin: 5.6% (up from 5.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% 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 34% per year whereas the company’s share price has increased by 31% per year.Declared Dividend • Apr 26Final dividend of CN¥0.25 announcedShareholders will receive a dividend of CN¥0.25. Ex-date: 30th April 2026 Payment date: 30th April 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (89% cash payout ratio). The dividend has increased by an average of 35% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Apr 24Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Director & GM Assistant Shi Yong Li was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥37.55, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.24 per share.お知らせ • Mar 31Yunnan Tin Company Limited to Report Q1, 2026 Results on Apr 28, 2026Yunnan Tin Company Limited announced that they will report Q1, 2026 results on Apr 28, 2026Reported Earnings • Mar 30Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: CN¥1.16 (up from CN¥0.85 in FY 2024). Revenue: CN¥43.5b (up 3.7% from FY 2024). Net income: CN¥1.97b (up 36% from FY 2024). Profit margin: 4.5% (up from 3.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to stay flat 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 27% per year whereas the company’s share price has increased by 30% per year.お知らせ • Mar 29Yunnan Tin Company Limited, Annual General Meeting, Apr 20, 2026Yunnan Tin Company Limited, Annual General Meeting, Apr 20, 2026, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan ChinaBuy Or Sell Opportunity • Mar 03Now 22% undervaluedOver the last 90 days, the stock has risen 71% to CN¥43.92. The fair value is estimated to be CN¥56.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 6.4% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥44.36, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 202% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥56.50 per share.New Risk • Feb 02New 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 9.9% 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 (9.9% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Price Target Changed • Feb 01Price target increased by 15% to CN¥25.30Up from CN¥21.94, the current price target is an average from 2 analysts. New target price is 36% below last closing price of CN¥39.82. Stock is up 176% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥0.85 last year.Buy Or Sell Opportunity • Jan 27Now 21% undervaluedOver the last 90 days, the stock has risen 81% to CN¥44.38. The fair value is estimated to be CN¥56.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 5.3% in 2 years. Earnings are forecast to grow by 44% in the next 2 years.Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 12%After last week's 12% share price gain to CN¥41.98, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 186% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥55.56 per share.Declared Dividend • Jan 26Dividend of CN¥0.11 announcedShareholders will receive a dividend of CN¥0.11. Ex-date: 27th January 2026 Payment date: 27th January 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 29% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jan 20Yunnan Tin Company Limited Approves 2025 Third Quarter Cash Dividend on A Shares, Payable on 27 January 2026Yunnan Tin Company Limited announced 2025 third quarter profit distribution plan its 1st Extraordinary General Meeting of 2026 on 16 January 2026 approved: Cash dividend/10 shares (tax included): CNY 1.10000000 on A shares. Record date: 26 January 2026. Ex-date: 27 January 2026. Payment date: 27 January 2026.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥32.20, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥54.49 per share.お知らせ • Dec 31Yunnan Tin Company Limited to Report Fiscal Year 2025 Results on Mar 30, 2026Yunnan Tin Company Limited announced that they will report fiscal year 2025 results on Mar 30, 2026Reported Earnings • Oct 27Third quarter 2025 earnings released: EPS: CN¥0.41 (vs CN¥0.28 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.41 (up from CN¥0.28 in 3Q 2024). Revenue: CN¥13.3b (up 28% from 3Q 2024). Net income: CN¥683.4m (up 41% from 3Q 2024). Profit margin: 5.1% (up from 4.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 15New 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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. 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 (7.3% average weekly change).お知らせ • Sep 30Yunnan Tin Company Limited to Report Q3, 2025 Results on Oct 27, 2025Yunnan Tin Company Limited announced that they will report Q3, 2025 results on Oct 27, 2025Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥23.14, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 96% over the past three years.Reported Earnings • Aug 26Second quarter 2025 earnings released: EPS: CN¥0.33 (vs CN¥0.28 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.33 (up from CN¥0.28 in 2Q 2024). Revenue: CN¥11.4b (up 9.5% from 2Q 2024). Net income: CN¥562.4m (up 19% from 2Q 2024). Profit margin: 4.9% (up from 4.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥18.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 30% over the past three years.お知らせ • Jul 02Yunnan Tin Company Limited to Report First Half, 2025 Results on Aug 25, 2025Yunnan Tin Company Limited announced that they will report first half, 2025 results on Aug 25, 2025お知らせ • Jun 13Yunnan Tin Company Limited (SZSE:000960) announces an Equity Buyback for CNY 200 million worth of its shares.Yunnan Tin Company Limited (SZSE:000960) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 21.19 per share. The program will be financed via own funds or self raised funds. The purpose of the program is to reduce registered capital. The repurchased shares will be cancelled. The buyback is subject to shareholders approval. The program will be valid for 12 months from the date of shareholders approval.Declared Dividend • May 05Dividend of CN¥0.19 announcedShareholders will receive a dividend of CN¥0.19. Ex-date: 12th May 2025 Payment date: 12th May 2025 Dividend yield will be 2.1%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 51% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • May 02Price target decreased by 9.5% to CN¥17.65Down from CN¥19.50, the current price target is an average from 2 analysts. New target price is 28% above last closing price of CN¥13.79. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥1.41 for next year compared to CN¥0.85 last year.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥13.38, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 36% over the past three years.お知らせ • Apr 04Yunnan Tin Company Limited Proposes Final Cash Distribution for 2024Yunnan Tin Company Limited announced on 03 April 2025 the final profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY1.90000000.Reported Earnings • Apr 03Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.85. Revenue: CN¥42.0b (flat on FY 2023). Net income: CN¥1.44b (up 2.5% from FY 2023). Profit margin: 3.4% (up from 3.3% in FY 2023). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China.お知らせ • Apr 03Yunnan Tin Company Limited, Annual General Meeting, Apr 25, 2025Yunnan Tin Company Limited, Annual General Meeting, Apr 25, 2025, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan Chinaお知らせ • Mar 31Yunnan Tin Company Limited to Report Q1, 2025 Results on Apr 28, 2025Yunnan Tin Company Limited announced that they will report Q1, 2025 results on Apr 28, 2025お知らせ • Jan 18Yunnan Tin Company Limited Approves Interim Profit Distribution Plan for Third Quarter 2024, Payable on 23 January 2025Yunnan Tin Company Limited at its 1st Extraordinary General Meeting of 2025 on 15 January 2025, during which the following proposal(s) was/were approved: 2024 interim profit distribution plan. The detailed profit distribution plan is as follows: Cash dividend/10 shares (tax included): CNY 1.00000000. 2024 third quarter profit distribution plan to be implemented (A shares): Record date: 22 January 2025; Ex-date: 23 January 2025; Payment date: 23 January 2025.お知らせ • Jan 02Yunnan Tin Company Limited Proposes Profit Distribution for the Third Quarter of 2024On December 31, 2024, Yunnan Tin Company Limited proposed profit distribution for the third quarter of 2024 as follows: Cash dividend/10 shares (tax included) of CNY 1.00000000.お知らせ • Dec 31Yunnan Tin Company Limited to Report Fiscal Year 2024 Results on Apr 03, 2025Yunnan Tin Company Limited announced that they will report fiscal year 2024 results on Apr 03, 2025Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.25 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.25 in 3Q 2023). Revenue: CN¥10.4b (down 3.6% from 3Q 2023). Net income: CN¥483.6m (up 19% from 3Q 2023). Profit margin: 4.6% (up from 3.8% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30Yunnan Tin Company Limited to Report Q3, 2024 Results on Oct 26, 2024Yunnan Tin Company Limited 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 22%After last week's 22% share price gain to CN¥16.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 11% over the past three years.Price Target Changed • Aug 28Price target decreased by 7.7% to CN¥19.59Down from CN¥21.22, the current price target is an average from 4 analysts. New target price is 43% above last closing price of CN¥13.71. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of CN¥1.27 for next year compared to CN¥0.86 last year.Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.26 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.26 in 2Q 2023). Revenue: CN¥10.4b (down 11% from 2Q 2023). Net income: CN¥473.6m (up 13% from 2Q 2023). Profit margin: 4.6% (up from 3.6% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥13.65, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.55 per share.Declared Dividend • May 17Dividend increased to CN¥0.26Dividend of CN¥0.26 is 117% higher than last year. Ex-date: 22nd May 2024 Payment date: 22nd May 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 16Yunnan Tin Company Limited Announces Cash Dividend for A Shares of 2023, Payable on 22 May 2024Yunnan Tin Company Limited announced cash dividend/10 shares (tax included) of CNY 2.60000000 for A shares of 2023. Record date is 21 May 2024. Ex-date is 22 May 2024. Payment date is 22 May 2024.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.16 in 1Q 2023). Revenue: CN¥8.40b (down 25% from 1Q 2023). Net income: CN¥326.3m (up 22% from 1Q 2023). Profit margin: 3.9% (up from 2.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Major Estimate Revision • Apr 18Consensus revenue estimates fall by 18%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥50.6b to CN¥41.7b. EPS estimate fell from CN¥1.35 to CN¥1.28 per share. Net income forecast to grow 50% next year vs 34% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥17.96 to CN¥19.96. Share price rose 2.9% to CN¥17.50 over the past week.Reported Earnings • Apr 14Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.86 (up from CN¥0.82 in FY 2022). Revenue: CN¥42.4b (down 19% from FY 2022). Net income: CN¥1.41b (up 4.6% from FY 2022). Profit margin: 3.3% (up from 2.6% in FY 2022). The increase in margin was driven by lower expenses. Production and reserves: Zinc Production: 0.258 Mt (0.242 Mt in FY 2022) Copper Production: 30,625 t (31,637 t in FY 2022) Number of mines: 1 (1 in FY 2022) Silver Production: 5,337 troy koz Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Apr 13+ 1 more updateYunnan Tin Company Limited, Annual General Meeting, May 10, 2024Yunnan Tin Company Limited, Annual General Meeting, May 10, 2024, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2024 operation budget plan; to consider 2023 profit distribution plan; to consider 2024 investment plan; and to consider 2023 annual report and its summary.お知らせ • Mar 30Yunnan Tin Company Limited to Report Q1, 2024 Results on Apr 26, 2024Yunnan Tin Company Limited announced that they will report Q1, 2024 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥11.02, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 6.5% over the past three years.お知らせ • Dec 30Yunnan Tin Company Limited to Report Fiscal Year 2023 Results on Apr 12, 2024Yunnan Tin Company Limited announced that they will report fiscal year 2023 results on Apr 12, 2024New Risk • Nov 04New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin).Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.11 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.25 (up from CN¥0.11 loss in 3Q 2022). Revenue: CN¥10.8b (down 4.4% from 3Q 2022). Net income: CN¥407.9m (up CN¥582.8m from 3Q 2022). Profit margin: 3.8% (up from net loss in 3Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • Sep 30Yunnan Tin Company Limited to Report Q3, 2023 Results on Oct 27, 2023Yunnan Tin Company Limited announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.19 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥11.7b (down 26% from 2Q 2022). Net income: CN¥420.2m (up 36% from 2Q 2022). Profit margin: 3.6% (up from 2.0% in 2Q 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 15% per year.お知らせ • May 09Yunnan Tin Company Limited Announces Final Dividend Implementation for A Shares for the Year 2022, Payable on 15 May 2023Yunnan Tin Company Limited announced 2022 final profit distribution plan to be implemented (A shares): cash dividend of CNY 1.20000000 per ten shares (tax included). Record date: 12 May 2023. Ex-date: 15 May 2023. Payment date: 15 May 2023.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥16.85, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 101% over the past three years.お知らせ • Feb 07Yunnan Tin Company Limited Elects Chen Xiongjun and Li Dening as Non-Independent Directors; and Wang Daobin and Yu Dingming as Independent DirectorsYunnan Tin Company Limited elected Chen Xiongjun and Li Dening as non-independent directors; and Wang Daobin and Yu Dingming as independent directors at the Extraordinary General Meeting held on February 3, 2023.Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.11 loss per share (vs CN¥0.51 profit in 3Q 2021)Third quarter 2022 results: CN¥0.11 loss per share (down from CN¥0.51 profit in 3Q 2021). Revenue: CN¥11.3b (down 18% from 3Q 2021). Net loss: CN¥175.0m (down 121% from profit in 3Q 2021). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 22Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.38 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.38 in 2Q 2021). Revenue: CN¥15.8b (up 1.6% from 2Q 2021). Net income: CN¥309.6m (down 51% from 2Q 2021). Profit margin: 2.0% (down from 4.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.2%, compared to a 31% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 02Yunnan Tin Company Limited (SZSE:000960) wins the bid to acquire 8.37% stake in Yunnan Hualian Zinc and Indium Co., Ltd. for CNY approximately CNY 980 million.Yunnan Tin Company Limited (SZSE:000960) wins the bid to acquire 8.37% stake in Yunnan Hualian Zinc and Indium Co., Ltd. for approximately CNY 980 million on August 1, 2022.Board Change • Aug 01High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Jul 02High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 08Yunnan Tin Company Limited Approves Board AppointmentsYunnan Tin Company Limited approved the appointments of Liu Luke, Wu Jun and Li Ji as non-independent directors, at its 2nd Extraordinary General Meeting of 2022 held on 06 June 2022.お知らせ • May 12Yunnan Tin Company Limited Approves Final Cash Dividend for the Year 2021, Payable 17 May 2022Yunnan Tin Company Limited announced that at its AGM held on May 06, 2022, shareholders approved the final cash dividend of CNY 1.10 per 10 A shares (tax included) for the year 2021. Record date is 16 May 2022. Ex-date is 17 May 2022. Payment date is 17 May 2022.Reported Earnings • Apr 28First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: CN¥0.74 (up from CN¥0.20 in 1Q 2021). Revenue: CN¥15.0b (up 8.1% from 1Q 2021). Net income: CN¥1.21b (up 268% from 1Q 2021). Profit margin: 8.0% (up from 2.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 8.9%, compared to a 34% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Vice Chairman Ruihan Cheng was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥18.70, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.31 per share.Reported Earnings • Apr 17Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: CN¥1.71 (up from CN¥0.42 in FY 2020). Revenue: CN¥53.8b (up 20% from FY 2020). Net income: CN¥2.82b (up 308% from FY 2020). Profit margin: 5.2% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Zinc Production: 0.348 Mt (0.22 Mt in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Copper Production: 35,500 t (38,330 t in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Silver Production: 6,333.7 troy koz (4,597.6 troy koz in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 8.9%, compared to a 38% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 16+ 1 more updateYunnan Tin Company Limited Announces Profit Distribution Proposal for 2021Yunnan Tin Company Limited announced on 15 April 2022 Cash dividend/10 shares (tax included) of CNY 1.10000000 for 2021.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to CN¥19.71, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 62% over the past three years.Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥23.37, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 114% over the past three years.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥16.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 64% over the past three years.Reported Earnings • Oct 22Third quarter 2021 earnings released: EPS CN¥0.51 (vs CN¥0.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥13.8b (up 4.3% from 3Q 2020). Net income: CN¥835.8m (up 228% from 3Q 2020). Profit margin: 6.1% (up from 1.9% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥18.74, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 78% over the past three years.Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improved over the past weekAfter last week's 33% share price gain to CN¥21.71, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 110% over the past three years.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS CN¥0.38 (vs CN¥0.094 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥15.5b (up 18% from 2Q 2020). Net income: CN¥630.9m (up 309% from 2Q 2020). Profit margin: 4.1% (up from 1.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥19.08, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 84% over the past three years.株主還元000960CN Metals and MiningCN 市場7D2.9%3.3%-2.5%1Y62.9%32.3%10.1%株主還元を見る業界別リターン: 000960過去 1 年間で32.3 % 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: 000960過去 1 年間で10.1 % の収益を上げたCN市場を上回りました。価格変動Is 000960's price volatile compared to industry and market?000960 volatility000960 Average Weekly Movement11.6%Metals and Mining Industry Average Movement8.0%Market Average Movement7.3%10% most volatile stocks in CN Market12.3%10% least volatile stocks in CN Market4.4%安定した株価: 000960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: 000960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188312,699Shi Huangwww.ytl.com.cn雲南錫有限公司は、その子会社と共に、中国国内外での錫の生産、加工、輸出に従事している。同社は錫地金、フロートガラス製造用特殊錫、ベアリング合金地金、鉛ベース合金、錫-鉛線はんだ、亜鉛および錫亜鉛合金線、鉛フリーはんだ線および棒、鋳造および押し出しはんだ棒、錫顆粒、錫ボール、球状はんだ粉末、ボールグリッドアレイはんだボール、錫およびはんだ陽極、鉛フリーはんだペースト、低温はんだペースト、共晶はんだペーストを提供しています。また、銅カソード製品、インジウムおよび銀インゴット、有機および無機スズ化学品なども提供している。さらに、商業、鉱物開発投資と貿易、亜鉛採掘、金属製錬、非鉄金属採掘と選鉱、金融リースサービスにも携わっている。雲南錫公司は1883年に設立され、中国昆明市に本社を置く。もっと見るYunnan Tin Company Limited 基礎のまとめYunnan Tin の収益と売上を時価総額と比較するとどうか。000960 基礎統計学時価総額CN¥50.83b収益(TTM)CN¥2.33b売上高(TTM)CN¥49.36b21.8xPER(株価収益率1.0xP/Sレシオ000960 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000960 損益計算書(TTM)収益CN¥49.36b売上原価CN¥43.96b売上総利益CN¥5.39bその他の費用CN¥3.06b収益CN¥2.33b直近の収益報告Mar 31, 2026次回決算日Aug 20, 2026一株当たり利益(EPS)1.42グロス・マージン10.93%純利益率4.73%有利子負債/自己資本比率62.1%000960 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1.2%現在の配当利回り26%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2026/07/24 20:56終値2026/07/24 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Yunnan Tin Company Limited 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。13 アナリスト機関Manwen HeChina International Capital Corporation LimitedNing LiChina Stock Investment Research Co. Ltd. (DeepValue.online)Chong AoCitic Securities Co., Ltd.10 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥34.18, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 117% over the past three years.
お知らせ • Jun 30Yunnan Tin Company Limited to Report First Half, 2026 Results on Aug 20, 2026Yunnan Tin Company Limited announced that they will report first half, 2026 results on Aug 20, 2026
New Risk • Jun 24New 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 11% 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 (11% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥35.44, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.10 per share.
Buy Or Sell Opportunity • May 27Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to CN¥39.08. The fair value is estimated to be CN¥51.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 4.3% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥41.31, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.71 per share.
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥34.18, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 117% over the past three years.
お知らせ • Jun 30Yunnan Tin Company Limited to Report First Half, 2026 Results on Aug 20, 2026Yunnan Tin Company Limited announced that they will report first half, 2026 results on Aug 20, 2026
New Risk • Jun 24New 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 11% 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 (11% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥35.44, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.10 per share.
Buy Or Sell Opportunity • May 27Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to CN¥39.08. The fair value is estimated to be CN¥51.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 4.3% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥41.31, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.71 per share.
Reported Earnings • Apr 28First quarter 2026 earnings released: EPS: CN¥0.52 (vs CN¥0.29 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.52 (up from CN¥0.29 in 1Q 2025). Revenue: CN¥15.6b (up 60% from 1Q 2025). Net income: CN¥867.6m (up 74% from 1Q 2025). Profit margin: 5.6% (up from 5.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% 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 34% per year whereas the company’s share price has increased by 31% per year.
Declared Dividend • Apr 26Final dividend of CN¥0.25 announcedShareholders will receive a dividend of CN¥0.25. Ex-date: 30th April 2026 Payment date: 30th April 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (89% cash payout ratio). The dividend has increased by an average of 35% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Apr 24Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Director & GM Assistant Shi Yong Li was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥37.55, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.24 per share.
お知らせ • Mar 31Yunnan Tin Company Limited to Report Q1, 2026 Results on Apr 28, 2026Yunnan Tin Company Limited announced that they will report Q1, 2026 results on Apr 28, 2026
Reported Earnings • Mar 30Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: CN¥1.16 (up from CN¥0.85 in FY 2024). Revenue: CN¥43.5b (up 3.7% from FY 2024). Net income: CN¥1.97b (up 36% from FY 2024). Profit margin: 4.5% (up from 3.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to stay flat 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 27% per year whereas the company’s share price has increased by 30% per year.
お知らせ • Mar 29Yunnan Tin Company Limited, Annual General Meeting, Apr 20, 2026Yunnan Tin Company Limited, Annual General Meeting, Apr 20, 2026, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan China
Buy Or Sell Opportunity • Mar 03Now 22% undervaluedOver the last 90 days, the stock has risen 71% to CN¥43.92. The fair value is estimated to be CN¥56.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 6.4% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥44.36, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 202% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥56.50 per share.
New Risk • Feb 02New 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 9.9% 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 (9.9% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Price Target Changed • Feb 01Price target increased by 15% to CN¥25.30Up from CN¥21.94, the current price target is an average from 2 analysts. New target price is 36% below last closing price of CN¥39.82. Stock is up 176% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥0.85 last year.
Buy Or Sell Opportunity • Jan 27Now 21% undervaluedOver the last 90 days, the stock has risen 81% to CN¥44.38. The fair value is estimated to be CN¥56.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 5.3% in 2 years. Earnings are forecast to grow by 44% in the next 2 years.
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 12%After last week's 12% share price gain to CN¥41.98, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 186% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥55.56 per share.
Declared Dividend • Jan 26Dividend of CN¥0.11 announcedShareholders will receive a dividend of CN¥0.11. Ex-date: 27th January 2026 Payment date: 27th January 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 29% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jan 20Yunnan Tin Company Limited Approves 2025 Third Quarter Cash Dividend on A Shares, Payable on 27 January 2026Yunnan Tin Company Limited announced 2025 third quarter profit distribution plan its 1st Extraordinary General Meeting of 2026 on 16 January 2026 approved: Cash dividend/10 shares (tax included): CNY 1.10000000 on A shares. Record date: 26 January 2026. Ex-date: 27 January 2026. Payment date: 27 January 2026.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥32.20, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥54.49 per share.
お知らせ • Dec 31Yunnan Tin Company Limited to Report Fiscal Year 2025 Results on Mar 30, 2026Yunnan Tin Company Limited announced that they will report fiscal year 2025 results on Mar 30, 2026
Reported Earnings • Oct 27Third quarter 2025 earnings released: EPS: CN¥0.41 (vs CN¥0.28 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.41 (up from CN¥0.28 in 3Q 2024). Revenue: CN¥13.3b (up 28% from 3Q 2024). Net income: CN¥683.4m (up 41% from 3Q 2024). Profit margin: 5.1% (up from 4.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 15New 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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. 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 (7.3% average weekly change).
お知らせ • Sep 30Yunnan Tin Company Limited to Report Q3, 2025 Results on Oct 27, 2025Yunnan Tin Company Limited announced that they will report Q3, 2025 results on Oct 27, 2025
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥23.14, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 96% over the past three years.
Reported Earnings • Aug 26Second quarter 2025 earnings released: EPS: CN¥0.33 (vs CN¥0.28 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.33 (up from CN¥0.28 in 2Q 2024). Revenue: CN¥11.4b (up 9.5% from 2Q 2024). Net income: CN¥562.4m (up 19% from 2Q 2024). Profit margin: 4.9% (up from 4.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥18.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 30% over the past three years.
お知らせ • Jul 02Yunnan Tin Company Limited to Report First Half, 2025 Results on Aug 25, 2025Yunnan Tin Company Limited announced that they will report first half, 2025 results on Aug 25, 2025
お知らせ • Jun 13Yunnan Tin Company Limited (SZSE:000960) announces an Equity Buyback for CNY 200 million worth of its shares.Yunnan Tin Company Limited (SZSE:000960) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 21.19 per share. The program will be financed via own funds or self raised funds. The purpose of the program is to reduce registered capital. The repurchased shares will be cancelled. The buyback is subject to shareholders approval. The program will be valid for 12 months from the date of shareholders approval.
Declared Dividend • May 05Dividend of CN¥0.19 announcedShareholders will receive a dividend of CN¥0.19. Ex-date: 12th May 2025 Payment date: 12th May 2025 Dividend yield will be 2.1%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 51% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • May 02Price target decreased by 9.5% to CN¥17.65Down from CN¥19.50, the current price target is an average from 2 analysts. New target price is 28% above last closing price of CN¥13.79. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥1.41 for next year compared to CN¥0.85 last year.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥13.38, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 36% over the past three years.
お知らせ • Apr 04Yunnan Tin Company Limited Proposes Final Cash Distribution for 2024Yunnan Tin Company Limited announced on 03 April 2025 the final profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY1.90000000.
Reported Earnings • Apr 03Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.85. Revenue: CN¥42.0b (flat on FY 2023). Net income: CN¥1.44b (up 2.5% from FY 2023). Profit margin: 3.4% (up from 3.3% in FY 2023). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China.
お知らせ • Apr 03Yunnan Tin Company Limited, Annual General Meeting, Apr 25, 2025Yunnan Tin Company Limited, Annual General Meeting, Apr 25, 2025, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan China
お知らせ • Mar 31Yunnan Tin Company Limited to Report Q1, 2025 Results on Apr 28, 2025Yunnan Tin Company Limited announced that they will report Q1, 2025 results on Apr 28, 2025
お知らせ • Jan 18Yunnan Tin Company Limited Approves Interim Profit Distribution Plan for Third Quarter 2024, Payable on 23 January 2025Yunnan Tin Company Limited at its 1st Extraordinary General Meeting of 2025 on 15 January 2025, during which the following proposal(s) was/were approved: 2024 interim profit distribution plan. The detailed profit distribution plan is as follows: Cash dividend/10 shares (tax included): CNY 1.00000000. 2024 third quarter profit distribution plan to be implemented (A shares): Record date: 22 January 2025; Ex-date: 23 January 2025; Payment date: 23 January 2025.
お知らせ • Jan 02Yunnan Tin Company Limited Proposes Profit Distribution for the Third Quarter of 2024On December 31, 2024, Yunnan Tin Company Limited proposed profit distribution for the third quarter of 2024 as follows: Cash dividend/10 shares (tax included) of CNY 1.00000000.
お知らせ • Dec 31Yunnan Tin Company Limited to Report Fiscal Year 2024 Results on Apr 03, 2025Yunnan Tin Company Limited announced that they will report fiscal year 2024 results on Apr 03, 2025
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.25 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.25 in 3Q 2023). Revenue: CN¥10.4b (down 3.6% from 3Q 2023). Net income: CN¥483.6m (up 19% from 3Q 2023). Profit margin: 4.6% (up from 3.8% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30Yunnan Tin Company Limited to Report Q3, 2024 Results on Oct 26, 2024Yunnan Tin Company Limited 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 22%After last week's 22% share price gain to CN¥16.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 11% over the past three years.
Price Target Changed • Aug 28Price target decreased by 7.7% to CN¥19.59Down from CN¥21.22, the current price target is an average from 4 analysts. New target price is 43% above last closing price of CN¥13.71. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of CN¥1.27 for next year compared to CN¥0.86 last year.
Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.26 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.26 in 2Q 2023). Revenue: CN¥10.4b (down 11% from 2Q 2023). Net income: CN¥473.6m (up 13% from 2Q 2023). Profit margin: 4.6% (up from 3.6% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥13.65, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.55 per share.
Declared Dividend • May 17Dividend increased to CN¥0.26Dividend of CN¥0.26 is 117% higher than last year. Ex-date: 22nd May 2024 Payment date: 22nd May 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 16Yunnan Tin Company Limited Announces Cash Dividend for A Shares of 2023, Payable on 22 May 2024Yunnan Tin Company Limited announced cash dividend/10 shares (tax included) of CNY 2.60000000 for A shares of 2023. Record date is 21 May 2024. Ex-date is 22 May 2024. Payment date is 22 May 2024.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.16 in 1Q 2023). Revenue: CN¥8.40b (down 25% from 1Q 2023). Net income: CN¥326.3m (up 22% from 1Q 2023). Profit margin: 3.9% (up from 2.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Major Estimate Revision • Apr 18Consensus revenue estimates fall by 18%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥50.6b to CN¥41.7b. EPS estimate fell from CN¥1.35 to CN¥1.28 per share. Net income forecast to grow 50% next year vs 34% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥17.96 to CN¥19.96. Share price rose 2.9% to CN¥17.50 over the past week.
Reported Earnings • Apr 14Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.86 (up from CN¥0.82 in FY 2022). Revenue: CN¥42.4b (down 19% from FY 2022). Net income: CN¥1.41b (up 4.6% from FY 2022). Profit margin: 3.3% (up from 2.6% in FY 2022). The increase in margin was driven by lower expenses. Production and reserves: Zinc Production: 0.258 Mt (0.242 Mt in FY 2022) Copper Production: 30,625 t (31,637 t in FY 2022) Number of mines: 1 (1 in FY 2022) Silver Production: 5,337 troy koz Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Apr 13+ 1 more updateYunnan Tin Company Limited, Annual General Meeting, May 10, 2024Yunnan Tin Company Limited, Annual General Meeting, May 10, 2024, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2024 operation budget plan; to consider 2023 profit distribution plan; to consider 2024 investment plan; and to consider 2023 annual report and its summary.
お知らせ • Mar 30Yunnan Tin Company Limited to Report Q1, 2024 Results on Apr 26, 2024Yunnan Tin Company Limited announced that they will report Q1, 2024 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥11.02, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 6.5% over the past three years.
お知らせ • Dec 30Yunnan Tin Company Limited to Report Fiscal Year 2023 Results on Apr 12, 2024Yunnan Tin Company Limited announced that they will report fiscal year 2023 results on Apr 12, 2024
New Risk • Nov 04New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin).
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.11 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.25 (up from CN¥0.11 loss in 3Q 2022). Revenue: CN¥10.8b (down 4.4% from 3Q 2022). Net income: CN¥407.9m (up CN¥582.8m from 3Q 2022). Profit margin: 3.8% (up from net loss in 3Q 2022). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Yunnan Tin Company Limited to Report Q3, 2023 Results on Oct 27, 2023Yunnan Tin Company Limited announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.19 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥11.7b (down 26% from 2Q 2022). Net income: CN¥420.2m (up 36% from 2Q 2022). Profit margin: 3.6% (up from 2.0% in 2Q 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 15% per year.
お知らせ • May 09Yunnan Tin Company Limited Announces Final Dividend Implementation for A Shares for the Year 2022, Payable on 15 May 2023Yunnan Tin Company Limited announced 2022 final profit distribution plan to be implemented (A shares): cash dividend of CNY 1.20000000 per ten shares (tax included). Record date: 12 May 2023. Ex-date: 15 May 2023. Payment date: 15 May 2023.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥16.85, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 101% over the past three years.
お知らせ • Feb 07Yunnan Tin Company Limited Elects Chen Xiongjun and Li Dening as Non-Independent Directors; and Wang Daobin and Yu Dingming as Independent DirectorsYunnan Tin Company Limited elected Chen Xiongjun and Li Dening as non-independent directors; and Wang Daobin and Yu Dingming as independent directors at the Extraordinary General Meeting held on February 3, 2023.
Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.11 loss per share (vs CN¥0.51 profit in 3Q 2021)Third quarter 2022 results: CN¥0.11 loss per share (down from CN¥0.51 profit in 3Q 2021). Revenue: CN¥11.3b (down 18% from 3Q 2021). Net loss: CN¥175.0m (down 121% from profit in 3Q 2021). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 22Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.38 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.38 in 2Q 2021). Revenue: CN¥15.8b (up 1.6% from 2Q 2021). Net income: CN¥309.6m (down 51% from 2Q 2021). Profit margin: 2.0% (down from 4.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.2%, compared to a 31% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 02Yunnan Tin Company Limited (SZSE:000960) wins the bid to acquire 8.37% stake in Yunnan Hualian Zinc and Indium Co., Ltd. for CNY approximately CNY 980 million.Yunnan Tin Company Limited (SZSE:000960) wins the bid to acquire 8.37% stake in Yunnan Hualian Zinc and Indium Co., Ltd. for approximately CNY 980 million on August 1, 2022.
Board Change • Aug 01High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jul 02High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 08Yunnan Tin Company Limited Approves Board AppointmentsYunnan Tin Company Limited approved the appointments of Liu Luke, Wu Jun and Li Ji as non-independent directors, at its 2nd Extraordinary General Meeting of 2022 held on 06 June 2022.
お知らせ • May 12Yunnan Tin Company Limited Approves Final Cash Dividend for the Year 2021, Payable 17 May 2022Yunnan Tin Company Limited announced that at its AGM held on May 06, 2022, shareholders approved the final cash dividend of CNY 1.10 per 10 A shares (tax included) for the year 2021. Record date is 16 May 2022. Ex-date is 17 May 2022. Payment date is 17 May 2022.
Reported Earnings • Apr 28First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: CN¥0.74 (up from CN¥0.20 in 1Q 2021). Revenue: CN¥15.0b (up 8.1% from 1Q 2021). Net income: CN¥1.21b (up 268% from 1Q 2021). Profit margin: 8.0% (up from 2.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 8.9%, compared to a 34% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Vice Chairman Ruihan Cheng was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥18.70, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.31 per share.
Reported Earnings • Apr 17Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: CN¥1.71 (up from CN¥0.42 in FY 2020). Revenue: CN¥53.8b (up 20% from FY 2020). Net income: CN¥2.82b (up 308% from FY 2020). Profit margin: 5.2% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Zinc Production: 0.348 Mt (0.22 Mt in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Copper Production: 35,500 t (38,330 t in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Silver Production: 6,333.7 troy koz (4,597.6 troy koz in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 8.9%, compared to a 38% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 16+ 1 more updateYunnan Tin Company Limited Announces Profit Distribution Proposal for 2021Yunnan Tin Company Limited announced on 15 April 2022 Cash dividend/10 shares (tax included) of CNY 1.10000000 for 2021.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to CN¥19.71, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 62% over the past three years.
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥23.37, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 114% over the past three years.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥16.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 64% over the past three years.
Reported Earnings • Oct 22Third quarter 2021 earnings released: EPS CN¥0.51 (vs CN¥0.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥13.8b (up 4.3% from 3Q 2020). Net income: CN¥835.8m (up 228% from 3Q 2020). Profit margin: 6.1% (up from 1.9% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥18.74, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 78% over the past three years.
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improved over the past weekAfter last week's 33% share price gain to CN¥21.71, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 110% over the past three years.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS CN¥0.38 (vs CN¥0.094 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥15.5b (up 18% from 2Q 2020). Net income: CN¥630.9m (up 309% from 2Q 2020). Profit margin: 4.1% (up from 1.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥19.08, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 84% over the past three years.