View Future GrowthNorth Copper 過去の業績過去 基準チェック /36North Copperの収益は年間平均-3.7%の割合で減少していますが、 Metals and Mining業界の収益は年間 減少しています。収益は年間0.08% 23.9%割合で 増加しています。 North Copperの自己資本利益率は13.9%であり、純利益率は3.3%です。主要情報-3.71%収益成長率-1.40%EPS成長率Metals and Mining 業界の成長13.08%収益成長率23.95%株主資本利益率13.91%ネット・マージン3.32%前回の決算情報31 Mar 2026最近の業績更新お知らせ • Mar 31North Copper Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026North Copper Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 31North Copper Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026North Copper Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026お知らせ • Sep 30North Copper Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025North Copper Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025お知らせ • Jul 02North Copper Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025North Copper Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • Mar 31North Copper Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025North Copper Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 31North Copper Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025North Copper Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025すべての更新を表示Recent updatesお知らせ • Apr 25North Copper Co., Ltd., Annual General Meeting, May 27, 2026North Copper Co., Ltd., Annual General Meeting, May 27, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yuanqu County, Shanxi Chinaお知らせ • Mar 31North Copper Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026North Copper Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 31North Copper Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026North Copper Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026お知らせ • Sep 30North Copper Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025North Copper Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025お知らせ • Jul 02North Copper Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025North Copper Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • May 18North Copper Co., Ltd. Approves Cash Dividend for 2024North Copper Co., Ltd. at its Annual General Meeting held on 15 May 2025, approved cash dividend of CNY 1.10000000 per 10 shares (tax included) for 2024.お知らせ • Apr 25North Copper Co., Ltd., Annual General Meeting, May 15, 2025North Copper Co., Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yuanqu County, Shanxi Chinaお知らせ • Mar 31North Copper Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025North Copper Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Jan 25North Copper Co., Ltd. Announces Directors AppointmentsNorth Copper Co., Ltd. held its 1st Extraordinary General Meeting of 2025 on 23 January 2025, were approved; Lv Renjie as non-independent director, Wang Xiaoliang, independent director and Wang Xiaozheng, non-employee supervisor.お知らせ • Dec 31North Copper Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025North Copper Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.049 (vs CN¥0.11 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.049 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥5.75b (up 136% from 3Q 2023). Net income: CN¥86.5m (down 57% from 3Q 2023). Profit margin: 1.5% (down from 8.3% in 3Q 2023). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥10.42, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 24x in the Metals and Mining industry in China. Total returns to shareholders of 90% over the past year.お知らせ • Sep 30North Copper Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024North Copper Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.065 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.065 in 2Q 2023). Revenue: CN¥6.91b (up 255% from 2Q 2023). Net income: CN¥224.5m (up 96% from 2Q 2023). Profit margin: 3.2% (down from 5.9% in 2Q 2023). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥10.57, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 87% over the past year.お知らせ • Jun 29North Copper Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024North Copper Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥10.22, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 85% over the past year.Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.60, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 102% over the past year.New Risk • May 08New 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 12% 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 (12% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.お知らせ • Apr 28North Copper Co., Ltd., Annual General Meeting, May 22, 2024North Copper Co., Ltd., Annual General Meeting, May 22, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yuanqu County, Shanxi China Agenda: To approve 2023 work report of the board of directors; to approve 2023 work report of the supervisory committee; to approve 2023 annual report and its summary; to approve 2023 annual accounts report; to approve 2024 financial budget report; to approve 2023 profit distribution plan; and to launch monetary financial derivative hedging business.お知らせ • Apr 27North Copper Co., Ltd. Proposes Final Cash Dividend for the Year 2023North Copper Co., Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 1.00000000 for the year 2023.New Risk • Apr 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. 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). High level of non-cash earnings (39% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).Reported Earnings • Apr 26Full year 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.34 in FY 2022)Full year 2023 results: EPS: CN¥0.35 (up from CN¥0.34 in FY 2022). Revenue: CN¥9.32b (down 13% from FY 2022). Net income: CN¥618.8m (up 1.4% from FY 2022). Profit margin: 6.6% (up from 5.7% in FY 2022). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CN¥9.02, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total returns to shareholders of 36% over the past year.New Risk • Apr 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 10% 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 (12% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥8.92, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 40% over the past year.お知らせ • Mar 30North Copper Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024North Copper 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 18%After last week's 18% share price gain to CN¥6.81, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 11% over the past year.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥4.61, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 25x in the Metals and Mining industry in China. Total loss to shareholders of 26% over the past year.お知らせ • Dec 29North Copper Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024North Copper Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024Board Change • Nov 29Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Shareholder Supervisor Weigang Jia is the most experienced director on the board, commencing their role in 2019. Independent Director Yingkui Li was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.New Risk • Nov 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.032 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.032 in 3Q 2022). Revenue: CN¥2.44b (up 4.7% from 3Q 2022). Net income: CN¥201.6m (up 258% from 3Q 2022). Profit margin: 8.3% (up from 2.4% in 3Q 2022). The increase in margin was primarily driven by higher revenue.Reported Earnings • Aug 06First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.15 in 1Q 2022). Revenue: CN¥2.59b (down 18% from 1Q 2022). Net income: CN¥203.6m (down 24% from 1Q 2022). Profit margin: 7.9% (down from 8.5% in 1Q 2022). The decrease in margin was driven by lower revenue.Reported Earnings • Apr 12Full year 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.49 in FY 2021)Full year 2022 results: EPS: CN¥0.34 (down from CN¥0.49 in FY 2021). Revenue: CN¥10.7b (up 7.2% from FY 2021). Net income: CN¥610.0m (down 27% from FY 2021). Profit margin: 5.7% (down from 8.4% in FY 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥5.57, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 28x in the Chemicals industry in China.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.032 (vs CN¥0.015 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.032 (up from CN¥0.015 loss in 3Q 2021). Revenue: CN¥2.33b (up CN¥2.09b from 3Q 2021). Net income: CN¥56.3m (up CN¥64.1m from 3Q 2021). Profit margin: 2.4% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue.Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.011 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.011 in 2Q 2021). Revenue: CN¥2.63b (up CN¥2.35b from 2Q 2021). Net income: CN¥255.0m (up CN¥249.3m from 2Q 2021). Profit margin: 9.7% (up from 2.1% in 2Q 2021). The increase in margin was driven by higher revenue.収支内訳North Copper の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史XSEC:000737 収益、費用、利益 ( )CNY Millions日付収益収益G+A経費研究開発費31 Mar 2631,1221,0353375431 Dec 2527,9167913395230 Sep 2525,8507553304730 Jun 2524,4576403196131 Mar 2525,4117483186531 Dec 2424,1076132935330 Sep 2420,6476482586930 Jun 2417,3227822473931 Mar 2412,3396662392631 Dec 239,3956212312530 Sep 239,530515232730 Jun 239,417331230631 Mar 2310,100478216201 Jan 2310,677555207130 Sep 2210,470729222130 Jun 2210,722839250231 Mar 2210,825879290301 Jan 229,965837338430 Sep 2115,3151,186429530 Jun 2113,0241,045399531 Mar 2110,596759363531 Dec 208,528619327630 Sep 201,12249202630 Jun 201,17739205631 Mar 201,22033197631 Dec 191,215-49190630 Sep 191,233432229730 Jun 191,370388290731 Mar 191,549316412731 Dec 181,827267505730 Sep 1892812565730 Jun 18966-326101031 Mar 18889-83632831 Dec 17870-78623730 Sep 172,034-144582530 Jun 171,993-65543031 Mar 172,07017493031 Dec 162,13521514030 Sep 162,060-161540030 Jun 162,081-194554031 Mar 162,132-202562031 Dec 152,152-221560030 Sep 152,20237561030 Jun 152,293205690質の高い収益: 000737にはCN¥989.2M } という大きな 一回限りの 損失があり、過去 12 か月の財務実績が31st March, 2026に影響を及ぼしています。利益率の向上: 000737の現在の純利益率 (3.3%)は、昨年(2.9%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 000737の収益は過去 5 年間で年間3.7%減少しました。成長の加速: 000737の過去 1 年間の収益成長率 ( 38.3% ) は、5 年間の平均 ( 年間-3.7%を上回っています。収益対業界: 000737の過去 1 年間の収益成長率 ( 38.3% ) はMetals and Mining業界21.4%を上回りました。株主資本利益率高いROE: 000737の 自己資本利益率 ( 13.9% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 19:39終値2026/05/25 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋North Copper Co., Ltd. 0 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。0
お知らせ • Mar 31North Copper Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026North Copper Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 31North Copper Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026North Copper Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
お知らせ • Sep 30North Copper Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025North Copper Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025
お知らせ • Jul 02North Copper Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025North Copper Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • Mar 31North Copper Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025North Copper Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 31North Copper Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025North Copper Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025
お知らせ • Apr 25North Copper Co., Ltd., Annual General Meeting, May 27, 2026North Copper Co., Ltd., Annual General Meeting, May 27, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yuanqu County, Shanxi China
お知らせ • Mar 31North Copper Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026North Copper Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 31North Copper Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026North Copper Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
お知らせ • Sep 30North Copper Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025North Copper Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025
お知らせ • Jul 02North Copper Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025North Copper Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • May 18North Copper Co., Ltd. Approves Cash Dividend for 2024North Copper Co., Ltd. at its Annual General Meeting held on 15 May 2025, approved cash dividend of CNY 1.10000000 per 10 shares (tax included) for 2024.
お知らせ • Apr 25North Copper Co., Ltd., Annual General Meeting, May 15, 2025North Copper Co., Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yuanqu County, Shanxi China
お知らせ • Mar 31North Copper Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025North Copper Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Jan 25North Copper Co., Ltd. Announces Directors AppointmentsNorth Copper Co., Ltd. held its 1st Extraordinary General Meeting of 2025 on 23 January 2025, were approved; Lv Renjie as non-independent director, Wang Xiaoliang, independent director and Wang Xiaozheng, non-employee supervisor.
お知らせ • Dec 31North Copper Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025North Copper Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.049 (vs CN¥0.11 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.049 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥5.75b (up 136% from 3Q 2023). Net income: CN¥86.5m (down 57% from 3Q 2023). Profit margin: 1.5% (down from 8.3% in 3Q 2023). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥10.42, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 24x in the Metals and Mining industry in China. Total returns to shareholders of 90% over the past year.
お知らせ • Sep 30North Copper Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024North Copper Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.065 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.065 in 2Q 2023). Revenue: CN¥6.91b (up 255% from 2Q 2023). Net income: CN¥224.5m (up 96% from 2Q 2023). Profit margin: 3.2% (down from 5.9% in 2Q 2023). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥10.57, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 87% over the past year.
お知らせ • Jun 29North Copper Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024North Copper Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥10.22, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 85% over the past year.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.60, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 102% over the past year.
New Risk • May 08New 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 12% 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 (12% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
お知らせ • Apr 28North Copper Co., Ltd., Annual General Meeting, May 22, 2024North Copper Co., Ltd., Annual General Meeting, May 22, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yuanqu County, Shanxi China Agenda: To approve 2023 work report of the board of directors; to approve 2023 work report of the supervisory committee; to approve 2023 annual report and its summary; to approve 2023 annual accounts report; to approve 2024 financial budget report; to approve 2023 profit distribution plan; and to launch monetary financial derivative hedging business.
お知らせ • Apr 27North Copper Co., Ltd. Proposes Final Cash Dividend for the Year 2023North Copper Co., Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 1.00000000 for the year 2023.
New Risk • Apr 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. 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). High level of non-cash earnings (39% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).
Reported Earnings • Apr 26Full year 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.34 in FY 2022)Full year 2023 results: EPS: CN¥0.35 (up from CN¥0.34 in FY 2022). Revenue: CN¥9.32b (down 13% from FY 2022). Net income: CN¥618.8m (up 1.4% from FY 2022). Profit margin: 6.6% (up from 5.7% in FY 2022). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CN¥9.02, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total returns to shareholders of 36% over the past year.
New Risk • Apr 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 10% 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 (12% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥8.92, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 40% over the past year.
お知らせ • Mar 30North Copper Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024North Copper 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 18%After last week's 18% share price gain to CN¥6.81, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 11% over the past year.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥4.61, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 25x in the Metals and Mining industry in China. Total loss to shareholders of 26% over the past year.
お知らせ • Dec 29North Copper Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024North Copper Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024
Board Change • Nov 29Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Shareholder Supervisor Weigang Jia is the most experienced director on the board, commencing their role in 2019. Independent Director Yingkui Li was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
New Risk • Nov 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.032 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.032 in 3Q 2022). Revenue: CN¥2.44b (up 4.7% from 3Q 2022). Net income: CN¥201.6m (up 258% from 3Q 2022). Profit margin: 8.3% (up from 2.4% in 3Q 2022). The increase in margin was primarily driven by higher revenue.
Reported Earnings • Aug 06First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.15 in 1Q 2022). Revenue: CN¥2.59b (down 18% from 1Q 2022). Net income: CN¥203.6m (down 24% from 1Q 2022). Profit margin: 7.9% (down from 8.5% in 1Q 2022). The decrease in margin was driven by lower revenue.
Reported Earnings • Apr 12Full year 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.49 in FY 2021)Full year 2022 results: EPS: CN¥0.34 (down from CN¥0.49 in FY 2021). Revenue: CN¥10.7b (up 7.2% from FY 2021). Net income: CN¥610.0m (down 27% from FY 2021). Profit margin: 5.7% (down from 8.4% in FY 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥5.57, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 28x in the Chemicals industry in China.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.032 (vs CN¥0.015 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.032 (up from CN¥0.015 loss in 3Q 2021). Revenue: CN¥2.33b (up CN¥2.09b from 3Q 2021). Net income: CN¥56.3m (up CN¥64.1m from 3Q 2021). Profit margin: 2.4% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue.
Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.011 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.011 in 2Q 2021). Revenue: CN¥2.63b (up CN¥2.35b from 2Q 2021). Net income: CN¥255.0m (up CN¥249.3m from 2Q 2021). Profit margin: 9.7% (up from 2.1% in 2Q 2021). The increase in margin was driven by higher revenue.