View ValuationChina Tungsten And Hightech MaterialsLtd 将来の成長Future 基準チェック /56China Tungsten And Hightech MaterialsLtd利益と収益がそれぞれ年間30.8%と18.3%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31.1% 31.2%なると予測されています。主要情報30.8%収益成長率31.19%EPS成長率Metals and Mining 収益成長24.7%収益成長率18.3%将来の株主資本利益率31.11%アナリストカバレッジLow最終更新日09 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Jun 30+ 1 more updateChina Tungsten And Hightech Materials Co.,Ltd to Report First Half, 2026 Results on Aug 24, 2026China Tungsten And Hightech Materials Co.,Ltd announced that they will report first half, 2026 results on Aug 24, 2026New Risk • Jun 25New 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (28% accrual ratio).Board Change • May 20High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. GM & Director Huiming Shen was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 27China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, May 20, 2026China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: 10F, No. 288, Zuanshi Road, Hetang District, Zhuzhou, Hunan Chinaお知らせ • Mar 31China Tungsten And Hightech Materials Co.,Ltd to Report Q1, 2026 Results on Apr 27, 2026China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q1, 2026 results on Apr 27, 2026お知らせ • Dec 31China Tungsten And Hightech Materials Co.,Ltd to Report Fiscal Year 2025 Results on Apr 27, 2026China Tungsten And Hightech Materials Co.,Ltd announced that they will report fiscal year 2025 results on Apr 27, 2026お知らせ • Oct 28China Tungsten And Hightech Materials Co.,Ltd (SZSE:000657) signed an equity transfer agreement to acquire 99.97% stake in Hengyang Yuanjing Tungsten Co., Ltd. from China Minmetals Tungsten Group Co., Ltd. for approximately CNY 820 million.China Tungsten And Hightech Materials Co.,Ltd (SZSE:000657) signed an equity transfer agreement to acquire 99.97% stake in Hengyang Yuanjing Tungsten Co., Ltd. from China Minmetals Tungsten Group Co., Ltd. for approximately CNY 820 million on October 24, 2025. A cash consideration of CNY 821.49 million will be paid by China Tungsten And Hightech Materials Co.,Ltd. As part of consideration, CNY 821.49 million is paid towards common equity of Hengyang Yuanjing Tungsten Co., Ltd. The transaction will be financed entirely from the China Tungsten And Hightech Materials Co.,Ltd's own capital. As of May 31, 2025, Hengyang Yuanjing Tungsten Co., Ltd. reported total assets of CNY 409.25 million and total common equity of CNY 304.03 million. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. The deal has been unanimously approved by the board of China Tungsten And Hightech Materials Co.,Ltd.お知らせ • Sep 30China Tungsten And Hightech Materials Co.,Ltd to Report Q3, 2025 Results on Oct 27, 2025China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q3, 2025 results on Oct 27, 2025お知らせ • Jul 02China Tungsten And Hightech Materials Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025China Tungsten And Hightech Materials Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025お知らせ • Jun 13China Tungsten and Hightech Materials Co.,Ltd Approves Final Profit Distribution on A Shares for 2024, Payable on June 19, 2025China Tungsten And Hightech Materials Co.,Ltd approved final profit distribution on A Shares for 2024, payable on June 19, 2025. For the period, the company reported Cash dividend/10 shares (tax included): CNY 1.60000000 with Record date: 18 June 2025 and Ex-date: 19 June 2025.お知らせ • May 20China Tungsten and Hightech Materials Co.,Ltd Announces Board AppointmentsChina Tungsten And Hightech Materials Co.,Ltd at its EGM held on 16 May 2025 appointed Zong Yuran non-independent director; Yi Junjian and Zhang Zhankui as independent directors.お知らせ • May 16China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, Jun 06, 2025China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, Jun 06, 2025, at 14:30 China Standard Time. Location: No. 288, Zuanshi Road, Hetang District, Zhuzhou, Hunan Chinaお知らせ • Mar 31China Tungsten And Hightech Materials Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025お知らせ • Dec 31China Tungsten And Hightech Materials Co.,Ltd to Report Fiscal Year 2024 Results on Apr 25, 2025China Tungsten And Hightech Materials Co.,Ltd announced that they will report fiscal year 2024 results on Apr 25, 2025Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.63, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 9.3% over the past three years.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.053 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.042 (down from CN¥0.053 in 3Q 2023). Revenue: CN¥3.42b (up 14% from 3Q 2023). Net income: CN¥59.2m (down 19% from 3Q 2023). Profit margin: 1.7% (down from 2.4% in 3Q 2023). Revenue is forecast to grow 8.7% 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 8% per year whereas the company’s share price has fallen by 3% per year.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥9.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 20% over the past three years.お知らせ • Sep 30China Tungsten And Hightech Materials Co.,Ltd to Report Q3, 2024 Results on Oct 26, 2024China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q3, 2024 results on Oct 26, 2024Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: CN¥0.055 (vs CN¥0.10 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.055 (down from CN¥0.10 in 2Q 2023). Revenue: CN¥3.84b (up 10% from 2Q 2023). Net income: CN¥83.1m (down 42% from 2Q 2023). Profit margin: 2.2% (down from 4.1% in 2Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Jun 29China Tungsten And Hightech Materials Co.,Ltd to Report First Half, 2024 Results on Aug 23, 2024China Tungsten And Hightech Materials Co.,Ltd announced that they will report first half, 2024 results on Aug 23, 2024お知らせ • Jun 19China Tungsten And Hightech Materials Co.,Ltd announced that it expects to receive CNY 1.8 billion in fundingChina Tungsten And Hightech Materials Co.,Ltd announced a private placement of common shares for the gross proceeds of up to CNY 1,800,000,000 on June 17, 2024.お知らせ • Jun 18China Tungsten And Hightech Materials Co.,Ltd to Buy Nonferrous Metals Firm Via Share Issue, CashChina Tungsten And Hightech Materials Co.,Ltd (SZSE:000657) said it plans to buy nonferrous metals firm for CNY 5.2 billion ($716.64 million) via share issue, cash. The Company aims to raise up to CNY 1.8 billion in shares Private Placement to fund the acquisition, technical improvement project and boost Capital.New Risk • Jun 04New 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 8.3% 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: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results.お知らせ • May 25China Tungsten And Hightech Materials Co.,Ltd Implements Cash Dividend for the Year 2023, Payable on 31 May 2024China Tungsten And Hightech Materials Co.,Ltd announced 2023 final profit distribution plan to be implemented (A shares): cash dividend/10 shares (tax included) of CNY 1.30000000. Record date is 30 May 2024. Ex-date is 31 May 2024. Payment date is 31 May 2024.Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥12.46, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 83% over the past three years.お知らせ • Apr 28China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, May 21, 2024China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: Block A, No. 3, Chaoyangmen North Avenue, Dongcheng District, Beijing 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 2023 profit distribution plan; to consider 2023 annual report and its summary; to consider connected transactions regarding a financial service framework agreement to be renewed with a company; and to consider 2024 estimated connected transactions with a company.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.069 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.069 in 1Q 2023). Revenue: CN¥2.97b (down 2.9% from 1Q 2023). Net income: CN¥63.9m (down 36% from 1Q 2023). Profit margin: 2.2% (down from 3.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 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 increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥11.65, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 83% over the past three years.お知らせ • Mar 30China Tungsten And Hightech Materials Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥10.38, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 73% over the past three years.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥6.77, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Metals and Mining industry in China. Total returns to shareholders of 41% over the past three years.New Risk • Jan 31New 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 6.3% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results.Board Change • Jan 11Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Wenxing Ling was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jan 11China Tungsten and Hightech Materials Plans to Buy Nonferrous Metals FirmChina Tungsten And Hightech Materials Co.,Ltd (SZSE:000657) said it plans to buy nonferrous metals firm via cash, share issue. The company said transaction price to be confirmed. The company said trading in shares to resume on Jan. 10.お知らせ • Jan 06China Tungsten and Hightech Materials Co.,Ltd Approves the Election of Zhao Zengshan as a DirectorChina Tungsten And Hightech Materials Co.,Ltd approved the election of Zhao Zengshan as a director.お知らせ • Dec 29China Tungsten And Hightech Materials Co.,Ltd to Report Fiscal Year 2023 Results on Apr 26, 2024China Tungsten And Hightech Materials Co.,Ltd announced that they will report fiscal year 2023 results on Apr 26, 2024Reported Earnings • Oct 30Third quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.12 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.053 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥3.00b (down 5.7% from 3Q 2022). Net income: CN¥73.4m (down 56% from 3Q 2022). Profit margin: 2.4% (down from 5.3% in 3Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 23% per year.お知らせ • Oct 11China Tungsten and Hightech Materials Co.,Ltd Implements Interim Cash Dividend of A Shares, Payable on 17 October 2023China Tungsten And Hightech Materials Co.,Ltd implemented interim cash dividend of CNY 1.20000000 per 10 A shares (tax included). Record date is 16 October 2023. Ex-date is 17 October 2023. Payment date is 17 October 2023.お知らせ • Sep 09China Tungsten and Hightech Materials Co.,Ltd Approves Interim Dividend PaymentChina Tungsten And Hightech Materials Co.,Ltd announced that the Company held its 3rd Extraordinary General Meeting of 2023 on 07 September 2023, approved Cash dividend/10 shares (tax included) of CNY 1.20000000.New Risk • Sep 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 34x cash flows per share). Large one-off items impacting financial results.お知らせ • Aug 25China Tungsten and Hightech Materials Co.,Ltd Announces Interim Dividend PaymentChina Tungsten And Hightech Materials Co.,Ltd proposed Cash dividend/10 shares (tax included) of CNY 1.20000000.Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.089 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.089 in 2Q 2022). Revenue: CN¥3.49b (down 7.2% from 2Q 2022). Net income: CN¥142.4m (up 16% from 2Q 2022). Profit margin: 4.1% (up from 3.3% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 04China Tungsten And Hightech Materials Co.,Ltd Approves the Election of Li Wenxing as Independent DirectorChina Tungsten And Hightech Materials Co.,Ltd announced that at its EGM held on August 02, 2023, shareholders approved the election of Li Wenxing as an independent director.お知らせ • Jul 01China Tungsten And Hightech Materials Co.,Ltd to Report First Half, 2023 Results on Aug 23, 2023China Tungsten And Hightech Materials Co.,Ltd announced that they will report first half, 2023 results on Aug 23, 2023Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.10 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.09 (down from CN¥0.10 in 1Q 2022). Revenue: CN¥3.06b (up 1.0% from 1Q 2022). Net income: CN¥99.7m (down 7.4% from 1Q 2022). Profit margin: 3.3% (down from 3.6% in 1Q 2022). Revenue is forecast to grow 13% 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 39% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Xuanhui Qu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 31Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.19 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.19 in 3Q 2021). Revenue: CN¥3.18b (down 7.9% from 3Q 2021). Net income: CN¥167.7m (down 18% from 3Q 2021). Profit margin: 5.3% (down from 5.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥13.77, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 110% over the past three years.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.12 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.12. Revenue: CN¥3.76b (up 6.0% from 2Q 2021). Net income: CN¥123.2m (up 7.0% from 2Q 2021). Profit margin: 3.3% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 31% growth forecast for the Metals and Mining industry in China.Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥17.69, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 173% over the past three years.Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥14.72, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 121% over the past three years.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥12.43, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 83% over the past three years.Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.07 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.10 (up from CN¥0.07 in 1Q 2021). Revenue: CN¥3.03b (up 13% from 1Q 2021). Net income: CN¥107.7m (up 38% from 1Q 2021). Profit margin: 3.6% (up from 2.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Xuanhui Qu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Nov 23Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥17.06, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 200% over the past three years.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.04 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥3.46b (up 38% from 3Q 2020). Net income: CN¥204.4m (up 316% from 3Q 2020). Profit margin: 5.9% (up from 2.0% 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 38% per year whereas the company’s share price has increased by 39% per year.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥12.76, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 153% over the past three years.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.06 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.55b (up 48% from 2Q 2020). Net income: CN¥115.1m (up 121% from 2Q 2020). Profit margin: 3.2% (up from 2.2% 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 23% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥15.02, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 116% over the past three years.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥14.39, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 103% over the past three years.Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥9.06, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years.Reported Earnings • Apr 17Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.14 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥9.92b (up 23% from FY 2019). Net income: CN¥221.1m (up 80% from FY 2019). Profit margin: 2.2% (up from 1.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 06New 90-day low: CN¥6.26The company is down 5.0% from its price of CN¥6.56 on 06 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 7.0% over the same period.Is New 90 Day High Low • Dec 25New 90-day high: CN¥7.43The company is up 11% from its price of CN¥6.70 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 13% over the same period.Is New 90 Day High Low • Nov 23New 90-day high: CN¥7.29The company is up 3.0% from its price of CN¥7.08 on 25 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 4.0% over the same period.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥166.6m, up 22% from the prior year. Total revenue was CN¥8.79b over the last 12 months, up 9.4% from the prior year.Is New 90 Day High Low • Oct 29New 90-day low: CN¥6.47The company is down 10.0% from its price of CN¥7.16 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 6.0% over the same period.Is New 90 Day High Low • Oct 06New 90-day low: CN¥6.57The company is down 6.0% from its price of CN¥6.99 on 08 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 4.0% over the same period.お知らせ • Aug 01China Tungsten and Hightech Materials Co.,Ltd to Report First Half, 2020 Results on Aug 24, 2020China Tungsten and Hightech Materials Co.,Ltd announced that they will report first half, 2020 results on Aug 24, 2020業績と収益の成長予測XSEC:000657 - 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12/31/202839,7556,194N/A1,321212/31/202736,9365,494N/A13,142212/31/202634,4334,728N/A-2,50823/31/202621,2521,949-1,918-1,278N/A12/31/202517,6391,281-402389N/A9/30/202516,2881,1542051,109N/A6/30/202515,0171,06411995N/A3/31/202514,8971,030-89935N/A12/31/202414,779991116980N/A9/30/202415,3761,199357975N/A6/30/202414,7431,027143610N/A3/31/202413,89591475592N/A12/31/202313,675800152657N/A9/30/202312,657451-288319N/A6/30/202312,8395465694N/A3/31/202313,11052723612N/A1/1/202313,080535185766N/A9/30/202212,37552941512N/A6/30/202212,650565155527N/A3/31/202212,436557227689N/A1/1/202212,094528371888N/A9/30/202112,558463-52365N/A6/30/202111,758308-598-46N/A3/31/202110,741252-588-32N/A12/31/20209,919221-739-172N/A9/30/20209,950171-460200N/A6/30/20209,158156-168363N/A3/31/20208,803136-96435N/A12/31/20198,813124N/A514N/A9/30/20198,033137N/A596N/A6/30/20198,309133N/A810N/A3/31/20198,269113N/A438N/A12/31/20188,177136N/A402N/A9/30/20187,916117N/A30N/A6/30/20187,556153N/A89N/A3/31/20187,086169N/A467N/A12/31/20176,709135N/A532N/A9/30/20176,145117N/A777N/A6/30/20175,63267N/A602N/A3/31/20175,45165N/A527N/A12/31/20165,19613N/A467N/A9/30/20165,815-322N/A378N/A6/30/20165,534-377N/A354N/A3/31/20165,702-461N/A414N/A12/31/20155,857-516N/A574N/A9/30/20157,326-11N/A1,388N/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: 000657の予測収益成長率 (年間30.8% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 000657の収益 ( 30.8% ) はCN市場 ( 27.4% ) よりも速いペースで成長すると予測されています。高成長収益: 000657の収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 000657の収益 ( 18.3% ) CN市場 ( 16.7% ) よりも速いペースで成長すると予測されています。高い収益成長: 000657の収益 ( 18.3% ) 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: 000657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 ( 31.1 %)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2026/07/07 22:41終値2026/07/07 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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China Tungsten And Hightech Materials Co.,Ltd 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Hua LiChina Galaxy Securities Co., Ltd.Zilin WangChina International Capital Corporation LimitedChao LiCitic Securities Co., Ltd.
お知らせ • Jun 30+ 1 more updateChina Tungsten And Hightech Materials Co.,Ltd to Report First Half, 2026 Results on Aug 24, 2026China Tungsten And Hightech Materials Co.,Ltd announced that they will report first half, 2026 results on Aug 24, 2026
New Risk • Jun 25New 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). High level of non-cash earnings (28% accrual ratio).
Board Change • May 20High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. GM & Director Huiming Shen was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 27China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, May 20, 2026China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: 10F, No. 288, Zuanshi Road, Hetang District, Zhuzhou, Hunan China
お知らせ • Mar 31China Tungsten And Hightech Materials Co.,Ltd to Report Q1, 2026 Results on Apr 27, 2026China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q1, 2026 results on Apr 27, 2026
お知らせ • Dec 31China Tungsten And Hightech Materials Co.,Ltd to Report Fiscal Year 2025 Results on Apr 27, 2026China Tungsten And Hightech Materials Co.,Ltd announced that they will report fiscal year 2025 results on Apr 27, 2026
お知らせ • Oct 28China Tungsten And Hightech Materials Co.,Ltd (SZSE:000657) signed an equity transfer agreement to acquire 99.97% stake in Hengyang Yuanjing Tungsten Co., Ltd. from China Minmetals Tungsten Group Co., Ltd. for approximately CNY 820 million.China Tungsten And Hightech Materials Co.,Ltd (SZSE:000657) signed an equity transfer agreement to acquire 99.97% stake in Hengyang Yuanjing Tungsten Co., Ltd. from China Minmetals Tungsten Group Co., Ltd. for approximately CNY 820 million on October 24, 2025. A cash consideration of CNY 821.49 million will be paid by China Tungsten And Hightech Materials Co.,Ltd. As part of consideration, CNY 821.49 million is paid towards common equity of Hengyang Yuanjing Tungsten Co., Ltd. The transaction will be financed entirely from the China Tungsten And Hightech Materials Co.,Ltd's own capital. As of May 31, 2025, Hengyang Yuanjing Tungsten Co., Ltd. reported total assets of CNY 409.25 million and total common equity of CNY 304.03 million. The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. The deal has been unanimously approved by the board of China Tungsten And Hightech Materials Co.,Ltd.
お知らせ • Sep 30China Tungsten And Hightech Materials Co.,Ltd to Report Q3, 2025 Results on Oct 27, 2025China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q3, 2025 results on Oct 27, 2025
お知らせ • Jul 02China Tungsten And Hightech Materials Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025China Tungsten And Hightech Materials Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025
お知らせ • Jun 13China Tungsten and Hightech Materials Co.,Ltd Approves Final Profit Distribution on A Shares for 2024, Payable on June 19, 2025China Tungsten And Hightech Materials Co.,Ltd approved final profit distribution on A Shares for 2024, payable on June 19, 2025. For the period, the company reported Cash dividend/10 shares (tax included): CNY 1.60000000 with Record date: 18 June 2025 and Ex-date: 19 June 2025.
お知らせ • May 20China Tungsten and Hightech Materials Co.,Ltd Announces Board AppointmentsChina Tungsten And Hightech Materials Co.,Ltd at its EGM held on 16 May 2025 appointed Zong Yuran non-independent director; Yi Junjian and Zhang Zhankui as independent directors.
お知らせ • May 16China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, Jun 06, 2025China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, Jun 06, 2025, at 14:30 China Standard Time. Location: No. 288, Zuanshi Road, Hetang District, Zhuzhou, Hunan China
お知らせ • Mar 31China Tungsten And Hightech Materials Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025
お知らせ • Dec 31China Tungsten And Hightech Materials Co.,Ltd to Report Fiscal Year 2024 Results on Apr 25, 2025China Tungsten And Hightech Materials Co.,Ltd announced that they will report fiscal year 2024 results on Apr 25, 2025
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.63, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 9.3% over the past three years.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.053 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.042 (down from CN¥0.053 in 3Q 2023). Revenue: CN¥3.42b (up 14% from 3Q 2023). Net income: CN¥59.2m (down 19% from 3Q 2023). Profit margin: 1.7% (down from 2.4% in 3Q 2023). Revenue is forecast to grow 8.7% 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 8% per year whereas the company’s share price has fallen by 3% per year.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 25%After last week's 25% share price gain to CN¥9.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 20% over the past three years.
お知らせ • Sep 30China Tungsten And Hightech Materials Co.,Ltd to Report Q3, 2024 Results on Oct 26, 2024China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q3, 2024 results on Oct 26, 2024
Reported Earnings • Aug 23Second quarter 2024 earnings released: EPS: CN¥0.055 (vs CN¥0.10 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.055 (down from CN¥0.10 in 2Q 2023). Revenue: CN¥3.84b (up 10% from 2Q 2023). Net income: CN¥83.1m (down 42% from 2Q 2023). Profit margin: 2.2% (down from 4.1% in 2Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Jun 29China Tungsten And Hightech Materials Co.,Ltd to Report First Half, 2024 Results on Aug 23, 2024China Tungsten And Hightech Materials Co.,Ltd announced that they will report first half, 2024 results on Aug 23, 2024
お知らせ • Jun 19China Tungsten And Hightech Materials Co.,Ltd announced that it expects to receive CNY 1.8 billion in fundingChina Tungsten And Hightech Materials Co.,Ltd announced a private placement of common shares for the gross proceeds of up to CNY 1,800,000,000 on June 17, 2024.
お知らせ • Jun 18China Tungsten And Hightech Materials Co.,Ltd to Buy Nonferrous Metals Firm Via Share Issue, CashChina Tungsten And Hightech Materials Co.,Ltd (SZSE:000657) said it plans to buy nonferrous metals firm for CNY 5.2 billion ($716.64 million) via share issue, cash. The Company aims to raise up to CNY 1.8 billion in shares Private Placement to fund the acquisition, technical improvement project and boost Capital.
New Risk • Jun 04New 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 8.3% 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: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results.
お知らせ • May 25China Tungsten And Hightech Materials Co.,Ltd Implements Cash Dividend for the Year 2023, Payable on 31 May 2024China Tungsten And Hightech Materials Co.,Ltd announced 2023 final profit distribution plan to be implemented (A shares): cash dividend/10 shares (tax included) of CNY 1.30000000. Record date is 30 May 2024. Ex-date is 31 May 2024. Payment date is 31 May 2024.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥12.46, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 83% over the past three years.
お知らせ • Apr 28China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, May 21, 2024China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: Block A, No. 3, Chaoyangmen North Avenue, Dongcheng District, Beijing 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 2023 profit distribution plan; to consider 2023 annual report and its summary; to consider connected transactions regarding a financial service framework agreement to be renewed with a company; and to consider 2024 estimated connected transactions with a company.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.069 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.069 in 1Q 2023). Revenue: CN¥2.97b (down 2.9% from 1Q 2023). Net income: CN¥63.9m (down 36% from 1Q 2023). Profit margin: 2.2% (down from 3.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 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 increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥11.65, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 83% over the past three years.
お知らせ • Mar 30China Tungsten And Hightech Materials Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥10.38, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 73% over the past three years.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥6.77, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Metals and Mining industry in China. Total returns to shareholders of 41% over the past three years.
New Risk • Jan 31New 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 6.3% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results.
Board Change • Jan 11Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Wenxing Ling was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 11China Tungsten and Hightech Materials Plans to Buy Nonferrous Metals FirmChina Tungsten And Hightech Materials Co.,Ltd (SZSE:000657) said it plans to buy nonferrous metals firm via cash, share issue. The company said transaction price to be confirmed. The company said trading in shares to resume on Jan. 10.
お知らせ • Jan 06China Tungsten and Hightech Materials Co.,Ltd Approves the Election of Zhao Zengshan as a DirectorChina Tungsten And Hightech Materials Co.,Ltd approved the election of Zhao Zengshan as a director.
お知らせ • Dec 29China Tungsten And Hightech Materials Co.,Ltd to Report Fiscal Year 2023 Results on Apr 26, 2024China Tungsten And Hightech Materials Co.,Ltd announced that they will report fiscal year 2023 results on Apr 26, 2024
Reported Earnings • Oct 30Third quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.12 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.053 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥3.00b (down 5.7% from 3Q 2022). Net income: CN¥73.4m (down 56% from 3Q 2022). Profit margin: 2.4% (down from 5.3% in 3Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 23% per year.
お知らせ • Oct 11China Tungsten and Hightech Materials Co.,Ltd Implements Interim Cash Dividend of A Shares, Payable on 17 October 2023China Tungsten And Hightech Materials Co.,Ltd implemented interim cash dividend of CNY 1.20000000 per 10 A shares (tax included). Record date is 16 October 2023. Ex-date is 17 October 2023. Payment date is 17 October 2023.
お知らせ • Sep 09China Tungsten and Hightech Materials Co.,Ltd Approves Interim Dividend PaymentChina Tungsten And Hightech Materials Co.,Ltd announced that the Company held its 3rd Extraordinary General Meeting of 2023 on 07 September 2023, approved Cash dividend/10 shares (tax included) of CNY 1.20000000.
New Risk • Sep 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 34x cash flows per share). Large one-off items impacting financial results.
お知らせ • Aug 25China Tungsten and Hightech Materials Co.,Ltd Announces Interim Dividend PaymentChina Tungsten And Hightech Materials Co.,Ltd proposed Cash dividend/10 shares (tax included) of CNY 1.20000000.
Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.089 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.089 in 2Q 2022). Revenue: CN¥3.49b (down 7.2% from 2Q 2022). Net income: CN¥142.4m (up 16% from 2Q 2022). Profit margin: 4.1% (up from 3.3% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 04China Tungsten And Hightech Materials Co.,Ltd Approves the Election of Li Wenxing as Independent DirectorChina Tungsten And Hightech Materials Co.,Ltd announced that at its EGM held on August 02, 2023, shareholders approved the election of Li Wenxing as an independent director.
お知らせ • Jul 01China Tungsten And Hightech Materials Co.,Ltd to Report First Half, 2023 Results on Aug 23, 2023China Tungsten And Hightech Materials Co.,Ltd announced that they will report first half, 2023 results on Aug 23, 2023
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.10 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.09 (down from CN¥0.10 in 1Q 2022). Revenue: CN¥3.06b (up 1.0% from 1Q 2022). Net income: CN¥99.7m (down 7.4% from 1Q 2022). Profit margin: 3.3% (down from 3.6% in 1Q 2022). Revenue is forecast to grow 13% 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 39% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Xuanhui Qu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 31Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.19 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.19 in 3Q 2021). Revenue: CN¥3.18b (down 7.9% from 3Q 2021). Net income: CN¥167.7m (down 18% from 3Q 2021). Profit margin: 5.3% (down from 5.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥13.77, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 110% over the past three years.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.12 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.12. Revenue: CN¥3.76b (up 6.0% from 2Q 2021). Net income: CN¥123.2m (up 7.0% from 2Q 2021). Profit margin: 3.3% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 31% growth forecast for the Metals and Mining industry in China.
Valuation Update With 7 Day Price Move • Jul 29Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥17.69, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 173% over the past three years.
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥14.72, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 121% over the past three years.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥12.43, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 83% over the past three years.
Reported Earnings • Apr 30First quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.07 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.10 (up from CN¥0.07 in 1Q 2021). Revenue: CN¥3.03b (up 13% from 1Q 2021). Net income: CN¥107.7m (up 38% from 1Q 2021). Profit margin: 3.6% (up from 2.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Xuanhui Qu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Nov 23Investor sentiment improved over the past weekAfter last week's 19% share price gain to CN¥17.06, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 200% over the past three years.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.04 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥3.46b (up 38% from 3Q 2020). Net income: CN¥204.4m (up 316% from 3Q 2020). Profit margin: 5.9% (up from 2.0% 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 38% per year whereas the company’s share price has increased by 39% per year.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥12.76, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 153% over the past three years.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.06 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.55b (up 48% from 2Q 2020). Net income: CN¥115.1m (up 121% from 2Q 2020). Profit margin: 3.2% (up from 2.2% 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 23% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥15.02, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 116% over the past three years.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥14.39, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 103% over the past three years.
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥9.06, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years.
Reported Earnings • Apr 17Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.14 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥9.92b (up 23% from FY 2019). Net income: CN¥221.1m (up 80% from FY 2019). Profit margin: 2.2% (up from 1.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 06New 90-day low: CN¥6.26The company is down 5.0% from its price of CN¥6.56 on 06 November 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 7.0% over the same period.
Is New 90 Day High Low • Dec 25New 90-day high: CN¥7.43The company is up 11% from its price of CN¥6.70 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 13% over the same period.
Is New 90 Day High Low • Nov 23New 90-day high: CN¥7.29The company is up 3.0% from its price of CN¥7.08 on 25 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 4.0% over the same period.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥166.6m, up 22% from the prior year. Total revenue was CN¥8.79b over the last 12 months, up 9.4% from the prior year.
Is New 90 Day High Low • Oct 29New 90-day low: CN¥6.47The company is down 10.0% from its price of CN¥7.16 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 6.0% over the same period.
Is New 90 Day High Low • Oct 06New 90-day low: CN¥6.57The company is down 6.0% from its price of CN¥6.99 on 08 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 4.0% over the same period.
お知らせ • Aug 01China Tungsten and Hightech Materials Co.,Ltd to Report First Half, 2020 Results on Aug 24, 2020China Tungsten and Hightech Materials Co.,Ltd announced that they will report first half, 2020 results on Aug 24, 2020