Anhui Truchum Advanced Materials and Technology（002171）株式概要安徽橡膠先進材料技術有限公司 詳細002171 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績4/6財務の健全性3/6配当金3/6報酬株価収益率（ 39.9 x） CN市場（ 42.6 x）を下回っています。過去1年間で収益は51.2%増加しました リスク分析負債は営業キャッシュフローで十分にカバーされていない 過去5年間で収益は年間5.9%減少しました。 0.82%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る002171 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW487,122 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA487,122 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥9.8010.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0127b2016201920222025202620282031Revenue CN¥126.7bEarnings CN¥759.6mAdvancedSet Fair ValueView all narrativesAnhui Truchum Advanced Materials and Technology Co., Ltd. 競合他社Henan Yuguang Gold&LeadLtdSymbol: SHSE:600531Market cap: CN¥16.7bJinhui Mining IncorporationSymbol: SHSE:603132Market cap: CN¥18.7bXizang Zhufeng ResourcesSymbol: SHSE:600338Market cap: CN¥12.8bGuangdong Xianglu TungstenSymbol: SZSE:002842Market cap: CN¥13.7b価格と性能株価の高値、安値、推移の概要Anhui Truchum Advanced Materials and Technology過去の株価現在の株価CN¥9.8052週高値CN¥16.4752週安値CN¥8.59ベータ0.751ヶ月の変化-8.75%3ヶ月変化-20.26%1年変化1.14%3年間の変化40.20%5年間の変化-3.16%IPOからの変化14.09%最新ニュースValuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥11.76, the stock trades at a trailing P/E ratio of 47.8x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 69% over the past three years.お知らせ • Jun 30Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥15.00, the stock trades at a trailing P/E ratio of 61x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 127% over the past three years.Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ruiqing Liu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 25Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, May 19, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 16:00 China Standard Time. Location: The Company's Meeting Room, Wuhu, Anhui Chinaお知らせ • Mar 31Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥11.76, the stock trades at a trailing P/E ratio of 47.8x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 69% over the past three years.お知らせ • Jun 30Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥15.00, the stock trades at a trailing P/E ratio of 61x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 127% over the past three years.Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ruiqing Liu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 25Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, May 19, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 16:00 China Standard Time. Location: The Company's Meeting Room, Wuhu, Anhui Chinaお知らせ • Mar 31Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026お知らせ • Dec 31Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 25, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 25, 2026お知らせ • Sep 30Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025お知らせ • Jul 02Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • Mar 31Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025お知らせ • Mar 18Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, Apr 11, 2025Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, Apr 11, 2025, at 15:30 China Standard Time. Location: The Company Headquarters' Meeting Room, Wuhu, Anhui Chinaお知らせ • Dec 31Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 18, 2025Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 18, 2025Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥7.16, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 32% over the past three years.お知らせ • Oct 29Anhui Truchum Advanced Materials and Technology Co., Ltd. Implements Interim Profit Distribution Plan of A Share for 2024, Payable on 01 November 2024Anhui Truchum Advanced Materials and Technology Co., Ltd. announced 2024 interim profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.70000000. Record date: 31 October 2024, Ex-date: 01 November 2024, Payment date: 01 November 2024.Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.10 profit in 3Q 2023)Third quarter 2024 results: CN¥0.11 loss per share (down from CN¥0.10 profit in 3Q 2023). Revenue: CN¥14.2b (up 15% from 3Q 2023). Net loss: CN¥152.4m (down 215% from profit in 3Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 2 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 13% per year whereas the company’s share price has fallen by 14% per year.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¥6.90, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 27% over the past three years.お知らせ • Sep 30Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024お知らせ • Sep 24Anhui Truchum Advanced Materials and Technology Co., Ltd. Approves 2024 Interim Profit DistributionAnhui Truchum Advanced Materials and Technology Co., Ltd. held its 4th Extraordinary General Meeting of 2024 on 20 September 2024, during which the following proposal(s) was/were approved: 2024 interim profit distribution plan: Cash dividend/10 shares (tax included): CNY 0.70000000.New Risk • Sep 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% 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: 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. Large one-off items impacting financial results.お知らせ • Aug 29Anhui Truchum Advanced Materials and Technology Co., Ltd. Proposes Interim Dividend for the First Half of 2024Anhui Truchum Advanced Materials and Technology Co., Ltd. proposed interim dividend of CNY 0.70000000 per 10 shares for the first half of 2024.Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.09 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.09 in 2Q 2023). Revenue: CN¥14.0b (up 17% from 2Q 2023). Net income: CN¥66.0m (down 44% from 2Q 2023). Profit margin: 0.5% (down from 1.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.お知らせ • Jun 29Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024Declared Dividend • Jun 14Dividend of CN¥0.15 announcedDividend of CN¥0.15 is the same as last year. Ex-date: 18th June 2024 Payment date: 18th June 2024 Dividend yield will be 2.1%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 51% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 26Anhui Truchum Advanced Materials and Technology Co., Ltd. Approves the Cash Dividend for 2023Anhui Truchum Advanced Materials and Technology Co., Ltd. at its Annual General Meeting held on 23 May 2024 approved the cash dividend of CNY 1.50000000 per 10 shares (tax included) for 2023.New Risk • May 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 37% 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: Major Risks Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.お知らせ • Apr 28Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, May 23, 2024Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, May 23, 2024, at 16:00 China Standard Time. Location: The Company's Meeting Room, Wuhu, Anhui China Agenda: To consider the 2023 work report of the board of directors; to consider the 2023 work report of the supervisory committee; to consider the 2023 annual report and its summary; to consider the 2023 annual accounts report; to consider the Special report on the deposit and use of raised funds in 2023; to consider the 2023 profit distribution plan; to consider the reappointment of audit firm; to consider the 2024 major authorization to the chairman of the board; to consider the provision of guarantee for the bank credit line applied for by subsidiaries and sub-subsidiaries; to consider the shareholder return plan for the next three years from 2024 to 2026; and to consider the full authorization to the board to handle matters regarding the share offering to specific parties via a simplified procedure.Reported Earnings • Apr 27Full year 2023 earnings released: EPS: CN¥0.40 (vs CN¥0.10 in FY 2022)Full year 2023 results: EPS: CN¥0.40 (up from CN¥0.10 in FY 2022). Revenue: CN¥46.3b (up 14% from FY 2022). Net income: CN¥529.2m (up 296% from FY 2022). Profit margin: 1.1% (up from 0.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Apr 27Anhui Truchum Advanced Materials and Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2023Anhui Truchum Advanced Materials and Technology Co., Ltd. .announced on 26 April 2024 the profit distribution proposal for 2023 as follows: Cash dividend per 10 shares (tax included) of CNY 1.50000000.お知らせ • Mar 30Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥8.51, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 24% over the past three years.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥5.53, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 18% over the past three years.お知らせ • Dec 29Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.14 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.14 loss in 3Q 2022). Revenue: CN¥12.3b (up 33% from 3Q 2022). Net income: CN¥132.0m (up CN¥312.6m from 3Q 2022). Profit margin: 1.1% (up from net loss in 3Q 2022). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.12 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.09 (down from CN¥0.12 in 2Q 2022). Revenue: CN¥12.0b (up 7.8% from 2Q 2022). Net income: CN¥118.5m (down 29% from 2Q 2022). Profit margin: 1.0% (down from 1.5% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Jul 01Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report First Half, 2023 Results on Aug 19, 2023Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 19, 2023お知らせ • Jun 09Anhui Truchum Advanced Materials and Technology Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 15 June 2023Anhui Truchum Advanced Materials and Technology Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.50000000 for the year 2022, payable on 15 June 2023. Record date is 14 June 2023. Ex-date is 15 June 2023.お知らせ • May 23Anhui Truchum Advanced Materials and Technology Co., Ltd. Approves Cash Dividend for 2022Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that at the Annual General Meeting of 2022 held on 19 May 2023 approved Cash dividend/10 shares (tax included) of CNY 1.50000000 for 2022.Reported Earnings • Apr 28Full year 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.43 in FY 2021)Full year 2022 results: EPS: CN¥0.10 (down from CN¥0.43 in FY 2021). Revenue: CN¥40.6b (up 8.7% from FY 2021). Net income: CN¥133.7m (down 76% from FY 2021). Profit margin: 0.3% (down from 1.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Board Change • Dec 29Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ruiqing Liu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥7.45, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 30% over the past three years.Reported Earnings • Oct 29Third quarter 2022 earnings released: CN¥0.14 loss per share (vs CN¥0.11 profit in 3Q 2021)Third quarter 2022 results: CN¥0.14 loss per share (down from CN¥0.11 profit in 3Q 2021). Revenue: CN¥9.25b (down 6.8% from 3Q 2021). Net loss: CN¥180.6m (down 221% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥8.82, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 51% over the past three years.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.10 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.10 in 2Q 2021). Revenue: CN¥11.1b (up 12% from 2Q 2021). Net income: CN¥166.7m (up 21% from 2Q 2021). Profit margin: 1.5% (up from 1.4% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Jul 29Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Ruiqing Liu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.09 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.09 (vs CN¥0.09 in 1Q 2021). Revenue: CN¥9.44b (up 29% from 1Q 2021). Net income: CN¥114.0m (down 5.2% from 1Q 2021). Profit margin: 1.2% (down from 1.6% in 1Q 2021). Over the next year, revenue is forecast to grow 4.4%, compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year.Buying Opportunity • Apr 27Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 35%. The fair value is estimated to be CN¥8.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 74% in the next 2 years.Reported Earnings • Apr 16Full year 2021 earnings released: EPS: CN¥0.43 (vs CN¥0.21 in FY 2020)Full year 2021 results: EPS: CN¥0.43 (up from CN¥0.21 in FY 2020). Revenue: CN¥37.3b (up 63% from FY 2020). Net income: CN¥567.1m (up 107% from FY 2020). Profit margin: 1.5% (up from 1.2% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.2%, compared to a 38% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.10 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥9.92b (up 56% from 3Q 2020). Net income: CN¥149.4m (up 9.0% from 3Q 2020). Profit margin: 1.5% (down from 2.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥9.97, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 91% over the past three years.Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥13.37, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 137% over the past three years.Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.12 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥9.92b (up 81% from 2Q 2020). Net income: CN¥137.8m (down 11% from 2Q 2020). Profit margin: 1.4% (down from 2.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Reported Earnings • Apr 19Full year 2020 earnings released: EPS CN¥0.21 (vs CN¥0.36 in FY 2019)The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥23.0b (up 35% from FY 2019). Net income: CN¥274.2m (down 41% from FY 2019). Profit margin: 1.2% (down from 2.7% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 27New 90-day low: CN¥8.00The company is down 15% from its price of CN¥9.37 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 19% over the same period.Is New 90 Day High Low • Dec 29New 90-day low: CN¥8.33The company is down 16% from its price of CN¥9.89 on 30 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 16% over the same period.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥302.9m, down 33% from the prior year. Total revenue was CN¥21.1b over the last 12 months, up 40% from the prior year.株主還元002171CN Metals and MiningCN 市場7D-1.8%6.0%3.2%1Y1.1%39.6%11.2%株主還元を見る業界別リターン: 002171過去 1 年間で39.6 % の収益を上げたCN Metals and Mining業界を下回りました。リターン対市場: 002171は、過去 1 年間で11.2 % のリターンを上げたCN市場を下回りました。価格変動Is 002171's price volatile compared to industry and market?002171 volatility002171 Average Weekly Movement9.1%Metals and Mining Industry Average Movement8.0%Market Average Movement7.4%10% most volatile stocks in CN Market12.5%10% least volatile stocks in CN Market4.4%安定した株価: 002171 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 002171の 週次ボラティリティ ( 9% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19998,218Chun Jiangwww.ahcjxc.com安徽橡膠先進材料技術有限公司は中国国内および国際的な先進銅ベース材料と軍用炭素材料の研究開発、製造、販売に従事している。製品ポートフォリオには精密銅条／銅板、ハイエンド銅導体材料、銅合金線材、特殊鋼および家具用チューブ、炭素繊維複合材料、ハイエンド熱機器などがある。同社は以前は安徽精成銅業有限公司として知られていたが、2015年7月に安徽橡膠先進材料科技有限公司に社名を変更した。Anhui Truchum Advanced Materials and Technology Co., Ltd.は1999年に設立され、中国の蕪湖に本社を置いている。もっと見るAnhui Truchum Advanced Materials and Technology Co., Ltd. 基礎のまとめAnhui Truchum Advanced Materials and Technology の収益と売上を時価総額と比較するとどうか。002171 基礎統計学時価総額CN¥15.61b収益（TTM）CN¥391.62m売上高(TTM)CN¥65.32b39.9xPER（株価収益率0.2xP/Sレシオ002171 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計002171 損益計算書（TTM）収益CN¥65.32b売上原価CN¥63.19b売上総利益CN¥2.13bその他の費用CN¥1.74b収益CN¥391.62m直近の収益報告Mar 31, 2026次回決算日Aug 28, 2026一株当たり利益（EPS）0.25グロス・マージン3.26%純利益率0.60%有利子負債／自己資本比率113.3%002171 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.8%現在の配当利回り32%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/12 21:06終値2026/08/12 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Anhui Truchum Advanced Materials and Technology Co., Ltd. 1 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。5 アナリスト機関Zhongyu LiuChina International Capital Corporation LimitedMengluan LiuGuosen Securities Co., Ltd.Bin LiHuatai Research2 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥11.76, the stock trades at a trailing P/E ratio of 47.8x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 69% over the past three years.
お知らせ • Jun 30Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥15.00, the stock trades at a trailing P/E ratio of 61x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 127% over the past three years.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ruiqing Liu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 25Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, May 19, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 16:00 China Standard Time. Location: The Company's Meeting Room, Wuhu, Anhui China
お知らせ • Mar 31Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥11.76, the stock trades at a trailing P/E ratio of 47.8x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 69% over the past three years.
お知らせ • Jun 30Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥15.00, the stock trades at a trailing P/E ratio of 61x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 127% over the past three years.
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ruiqing Liu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 25Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, May 19, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, May 19, 2026, at 16:00 China Standard Time. Location: The Company's Meeting Room, Wuhu, Anhui China
お知らせ • Mar 31Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026
お知らせ • Dec 31Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Fiscal Year 2025 Results on Mar 25, 2026Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report fiscal year 2025 results on Mar 25, 2026
お知らせ • Sep 30Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025
お知らせ • Jul 02Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • Mar 31Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025
お知らせ • Mar 18Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, Apr 11, 2025Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, Apr 11, 2025, at 15:30 China Standard Time. Location: The Company Headquarters' Meeting Room, Wuhu, Anhui China
お知らせ • Dec 31Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 18, 2025Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 18, 2025
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥7.16, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 32% over the past three years.
お知らせ • Oct 29Anhui Truchum Advanced Materials and Technology Co., Ltd. Implements Interim Profit Distribution Plan of A Share for 2024, Payable on 01 November 2024Anhui Truchum Advanced Materials and Technology Co., Ltd. announced 2024 interim profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.70000000. Record date: 31 October 2024, Ex-date: 01 November 2024, Payment date: 01 November 2024.
Reported Earnings • Oct 26Third quarter 2024 earnings released: CN¥0.11 loss per share (vs CN¥0.10 profit in 3Q 2023)Third quarter 2024 results: CN¥0.11 loss per share (down from CN¥0.10 profit in 3Q 2023). Revenue: CN¥14.2b (up 15% from 3Q 2023). Net loss: CN¥152.4m (down 215% from profit in 3Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 2 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 13% per year whereas the company’s share price has fallen by 14% per year.
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¥6.90, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 27% over the past three years.
お知らせ • Sep 30Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
お知らせ • Sep 24Anhui Truchum Advanced Materials and Technology Co., Ltd. Approves 2024 Interim Profit DistributionAnhui Truchum Advanced Materials and Technology Co., Ltd. held its 4th Extraordinary General Meeting of 2024 on 20 September 2024, during which the following proposal(s) was/were approved: 2024 interim profit distribution plan: Cash dividend/10 shares (tax included): CNY 0.70000000.
New Risk • Sep 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 56% 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: 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. Large one-off items impacting financial results.
お知らせ • Aug 29Anhui Truchum Advanced Materials and Technology Co., Ltd. Proposes Interim Dividend for the First Half of 2024Anhui Truchum Advanced Materials and Technology Co., Ltd. proposed interim dividend of CNY 0.70000000 per 10 shares for the first half of 2024.
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.09 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.09 in 2Q 2023). Revenue: CN¥14.0b (up 17% from 2Q 2023). Net income: CN¥66.0m (down 44% from 2Q 2023). Profit margin: 0.5% (down from 1.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
お知らせ • Jun 29Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report First Half, 2024 Results on Aug 28, 2024Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 28, 2024
Declared Dividend • Jun 14Dividend of CN¥0.15 announcedDividend of CN¥0.15 is the same as last year. Ex-date: 18th June 2024 Payment date: 18th June 2024 Dividend yield will be 2.1%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (36% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 51% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 3.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 26Anhui Truchum Advanced Materials and Technology Co., Ltd. Approves the Cash Dividend for 2023Anhui Truchum Advanced Materials and Technology Co., Ltd. at its Annual General Meeting held on 23 May 2024 approved the cash dividend of CNY 1.50000000 per 10 shares (tax included) for 2023.
New Risk • May 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 37% 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: Major Risks Debt is not well covered by operating cash flow (2.2% operating cash flow to total debt). Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
お知らせ • Apr 28Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, May 23, 2024Anhui Truchum Advanced Materials and Technology Co., Ltd., Annual General Meeting, May 23, 2024, at 16:00 China Standard Time. Location: The Company's Meeting Room, Wuhu, Anhui China Agenda: To consider the 2023 work report of the board of directors; to consider the 2023 work report of the supervisory committee; to consider the 2023 annual report and its summary; to consider the 2023 annual accounts report; to consider the Special report on the deposit and use of raised funds in 2023; to consider the 2023 profit distribution plan; to consider the reappointment of audit firm; to consider the 2024 major authorization to the chairman of the board; to consider the provision of guarantee for the bank credit line applied for by subsidiaries and sub-subsidiaries; to consider the shareholder return plan for the next three years from 2024 to 2026; and to consider the full authorization to the board to handle matters regarding the share offering to specific parties via a simplified procedure.
Reported Earnings • Apr 27Full year 2023 earnings released: EPS: CN¥0.40 (vs CN¥0.10 in FY 2022)Full year 2023 results: EPS: CN¥0.40 (up from CN¥0.10 in FY 2022). Revenue: CN¥46.3b (up 14% from FY 2022). Net income: CN¥529.2m (up 296% from FY 2022). Profit margin: 1.1% (up from 0.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 27Anhui Truchum Advanced Materials and Technology Co., Ltd. Proposes Final Cash Dividend for the Year 2023Anhui Truchum Advanced Materials and Technology Co., Ltd. .announced on 26 April 2024 the profit distribution proposal for 2023 as follows: Cash dividend per 10 shares (tax included) of CNY 1.50000000.
お知らせ • Mar 30Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥8.51, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 24% over the past three years.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥5.53, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 18% over the past three years.
お知らせ • Dec 29Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024
Reported Earnings • Oct 25Third quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.14 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.14 loss in 3Q 2022). Revenue: CN¥12.3b (up 33% from 3Q 2022). Net income: CN¥132.0m (up CN¥312.6m from 3Q 2022). Profit margin: 1.1% (up from net loss in 3Q 2022). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.12 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.09 (down from CN¥0.12 in 2Q 2022). Revenue: CN¥12.0b (up 7.8% from 2Q 2022). Net income: CN¥118.5m (down 29% from 2Q 2022). Profit margin: 1.0% (down from 1.5% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 01Anhui Truchum Advanced Materials and Technology Co., Ltd. to Report First Half, 2023 Results on Aug 19, 2023Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that they will report first half, 2023 results on Aug 19, 2023
お知らせ • Jun 09Anhui Truchum Advanced Materials and Technology Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 15 June 2023Anhui Truchum Advanced Materials and Technology Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 1.50000000 for the year 2022, payable on 15 June 2023. Record date is 14 June 2023. Ex-date is 15 June 2023.
お知らせ • May 23Anhui Truchum Advanced Materials and Technology Co., Ltd. Approves Cash Dividend for 2022Anhui Truchum Advanced Materials and Technology Co., Ltd. announced that at the Annual General Meeting of 2022 held on 19 May 2023 approved Cash dividend/10 shares (tax included) of CNY 1.50000000 for 2022.
Reported Earnings • Apr 28Full year 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.43 in FY 2021)Full year 2022 results: EPS: CN¥0.10 (down from CN¥0.43 in FY 2021). Revenue: CN¥40.6b (up 8.7% from FY 2021). Net income: CN¥133.7m (down 76% from FY 2021). Profit margin: 0.3% (down from 1.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Board Change • Dec 29Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ruiqing Liu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥7.45, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 30% over the past three years.
Reported Earnings • Oct 29Third quarter 2022 earnings released: CN¥0.14 loss per share (vs CN¥0.11 profit in 3Q 2021)Third quarter 2022 results: CN¥0.14 loss per share (down from CN¥0.11 profit in 3Q 2021). Revenue: CN¥9.25b (down 6.8% from 3Q 2021). Net loss: CN¥180.6m (down 221% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥8.82, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 51% over the past three years.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.10 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.12 (up from CN¥0.10 in 2Q 2021). Revenue: CN¥11.1b (up 12% from 2Q 2021). Net income: CN¥166.7m (up 21% from 2Q 2021). Profit margin: 1.5% (up from 1.4% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Jul 29Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Ruiqing Liu was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: CN¥0.09 (vs CN¥0.09 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.09 (vs CN¥0.09 in 1Q 2021). Revenue: CN¥9.44b (up 29% from 1Q 2021). Net income: CN¥114.0m (down 5.2% from 1Q 2021). Profit margin: 1.2% (down from 1.6% in 1Q 2021). Over the next year, revenue is forecast to grow 4.4%, compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year.
Buying Opportunity • Apr 27Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 35%. The fair value is estimated to be CN¥8.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 74% in the next 2 years.
Reported Earnings • Apr 16Full year 2021 earnings released: EPS: CN¥0.43 (vs CN¥0.21 in FY 2020)Full year 2021 results: EPS: CN¥0.43 (up from CN¥0.21 in FY 2020). Revenue: CN¥37.3b (up 63% from FY 2020). Net income: CN¥567.1m (up 107% from FY 2020). Profit margin: 1.5% (up from 1.2% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.2%, compared to a 38% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 26Third quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.10 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥9.92b (up 56% from 3Q 2020). Net income: CN¥149.4m (up 9.0% from 3Q 2020). Profit margin: 1.5% (down from 2.2% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to CN¥9.97, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 91% over the past three years.
Valuation Update With 7 Day Price Move • Aug 31Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥13.37, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 137% over the past three years.
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.12 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥9.92b (up 81% from 2Q 2020). Net income: CN¥137.8m (down 11% from 2Q 2020). Profit margin: 1.4% (down from 2.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 19Full year 2020 earnings released: EPS CN¥0.21 (vs CN¥0.36 in FY 2019)The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥23.0b (up 35% from FY 2019). Net income: CN¥274.2m (down 41% from FY 2019). Profit margin: 1.2% (down from 2.7% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 27New 90-day low: CN¥8.00The company is down 15% from its price of CN¥9.37 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 19% over the same period.
Is New 90 Day High Low • Dec 29New 90-day low: CN¥8.33The company is down 16% from its price of CN¥9.89 on 30 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 16% over the same period.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥302.9m, down 33% from the prior year. Total revenue was CN¥21.1b over the last 12 months, up 40% from the prior year.
