Xinjiang Joinworld（600888）株式概要新疆ジョインワールド社は、その子会社とともに、中国国内および海外でアルミニウム製品の研究開発、生産、販売を行っている。 詳細600888 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績1/6財務の健全性5/6配当金3/6報酬株価収益率（ 25.9 x） CN市場（ 43.4 x）を下回っています。リスク分析高いレベルの非現金収入 1.11%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 利益率(9%)は昨年より低い(14.3%) CN市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見る600888 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW491,774 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 NarrativeBLINROAG491,774 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥11.75120.0% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture09b2016201920222025202620282031Revenue CN¥7.6bEarnings CN¥688.6mAdvancedSet Fair ValueView all narrativesXinjiang Joinworld Co., Ltd. 競合他社Henan Mingtai Al.IndustrialLtdSymbol: SHSE:601677Market cap: CN¥19.0bJiangsu Dingsheng New Materials LtdSymbol: SHSE:603876Market cap: CN¥19.4bInnovation New Material TechnologySymbol: SHSE:600361Market cap: CN¥12.9bHenan Zhongfu IndustrialLtdSymbol: SHSE:600595Market cap: CN¥23.8b価格と性能株価の高値、安値、推移の概要Xinjiang Joinworld過去の株価現在の株価CN¥11.7552週高値CN¥17.2852週安値CN¥6.84ベータ0.401ヶ月の変化5.48%3ヶ月変化39.22%1年変化67.38%3年間の変化42.94%5年間の変化89.82%IPOからの変化117.28%最新ニュースValuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥12.82, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 35x in the Metals and Mining industry in China. Total returns to shareholders of 68% over the past three years.お知らせ • Jun 30Xinjiang Joinworld Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026Xinjiang Joinworld Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026New Risk • Jun 25New 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 8.5% 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 High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (9.0% net profit margin).Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥12.49, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 37x in the Metals and Mining industry in China. Total returns to shareholders of 70% over the past three years.Declared Dividend • Jun 10Dividend reduced to CN¥0.13Dividend of CN¥0.13 is 52% lower than last year. Ex-date: 12th June 2026 Payment date: 12th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (25% 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 24% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥11.73, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 40x in the Metals and Mining industry in China. Total returns to shareholders of 61% over the past three years.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥12.82, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 35x in the Metals and Mining industry in China. Total returns to shareholders of 68% over the past three years.お知らせ • Jun 30Xinjiang Joinworld Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026Xinjiang Joinworld Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026New Risk • Jun 25New 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 8.5% 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 High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (9.0% net profit margin).Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥12.49, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 37x in the Metals and Mining industry in China. Total returns to shareholders of 70% over the past three years.Declared Dividend • Jun 10Dividend reduced to CN¥0.13Dividend of CN¥0.13 is 52% lower than last year. Ex-date: 12th June 2026 Payment date: 12th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (25% 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 24% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥11.73, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 40x in the Metals and Mining industry in China. Total returns to shareholders of 61% over the past three years.Board Change • May 20Less 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. 6 non-independent directors. Independent Director Xi Yao was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Mar 31Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 20, 2026Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 20, 2026, at 11:00 China Standard Time. Location: 2F, No. 18, Kashgar East Road, Urumqi, Xinjiang Chinaお知らせ • Mar 30Xinjiang Joinworld Co., Ltd. to Report Q1, 2026 Results on Apr 21, 2026Xinjiang Joinworld Co., Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026お知らせ • Dec 26Xinjiang Joinworld Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Xinjiang Joinworld Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026お知らせ • Sep 30Xinjiang Joinworld Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Xinjiang Joinworld Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025お知らせ • Jun 30Xinjiang Joinworld Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Xinjiang Joinworld Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025お知らせ • Mar 28Xinjiang Joinworld Co., Ltd. to Report Q1, 2025 Results on Apr 22, 2025Xinjiang Joinworld Co., Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025お知らせ • Mar 25Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 16, 2025Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 16, 2025, at 11:00 China Standard Time. Location: 2F, No. 18, Kashgar East Road, Urumqi, Xinjiang Chinaお知らせ • Dec 27Xinjiang Joinworld Co., Ltd. to Report Fiscal Year 2024 Results on Mar 25, 2025Xinjiang Joinworld Co., Ltd. announced that they will report fiscal year 2024 results on Mar 25, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.25 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.25 in 3Q 2023). Revenue: CN¥1.90b (up 17% from 3Q 2023). Net income: CN¥232.3m (down 30% from 3Q 2023). Profit margin: 12% (down from 20% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥7.76, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 24x in the Metals and Mining industry in China. Total returns to shareholders of 1.1% over the past three years.お知らせ • Sep 30Xinjiang Joinworld Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Xinjiang Joinworld Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024New Risk • Sep 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.お知らせ • Jun 28Xinjiang Joinworld Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Xinjiang Joinworld Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.32 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.25 (down from CN¥0.32 in 1Q 2023). Revenue: CN¥1.63b (up 12% from 1Q 2023). Net income: CN¥337.4m (down 21% from 1Q 2023). Profit margin: 21% (down from 29% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 29Xinjiang Joinworld Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024Xinjiang Joinworld Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024お知らせ • Mar 19Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 09, 2024Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 09, 2024, at 11:00 China Standard Time. Location: 2F, No. 18, Kashgar East Road, Urumqi, Xinjiang ChinaReported Earnings • Mar 19Full year 2023 earnings released: EPS: CN¥1.17 (vs CN¥1.16 in FY 2022)Full year 2023 results: EPS: CN¥1.17 (up from CN¥1.16 in FY 2022). Revenue: CN¥6.53b (down 16% from FY 2022). Net income: CN¥1.56b (flat on FY 2022). Profit margin: 24% (up from 20% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% 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 35% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 29Xinjiang Joinworld Co., Ltd. to Report Fiscal Year 2023 Results on Mar 19, 2024Xinjiang Joinworld Co., Ltd. announced that they will report fiscal year 2023 results on Mar 19, 2024Reported Earnings • Oct 20Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.36 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.36 in 3Q 2022). Revenue: CN¥1.62b (down 5.9% from 3Q 2022). Net income: CN¥330.2m (down 29% from 3Q 2022). Profit margin: 20% (down from 27% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.28 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.30. Revenue: CN¥1.79b (down 15% from 2Q 2022). Net income: CN¥396.2m (down 3.0% from 2Q 2022). Profit margin: 22% (up from 19% in 2Q 2022). The increase in margin was driven by lower expenses.お知らせ • Jun 28Xinjiang Joinworld Co.,Ltd. to Report First Half, 2023 Results on Aug 15, 2023Xinjiang Joinworld Co.,Ltd. announced that they will report first half, 2023 results on Aug 15, 2023Reported Earnings • Apr 08Full year 2022 earnings released: EPS: CN¥1.16 (vs CN¥0.70 in FY 2021)Full year 2022 results: EPS: CN¥1.16 (up from CN¥0.70 in FY 2021). Revenue: CN¥7.74b (down 6.0% from FY 2021). Net income: CN¥1.55b (up 82% from FY 2021). Profit margin: 20% (up from 10% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.21 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.36 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥1.72b (down 21% from 3Q 2021). Net income: CN¥465.0m (up 74% from 3Q 2021). Profit margin: 27% (up from 12% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.4% 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 66% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.14 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.14 in 2Q 2021). Revenue: CN¥2.12b (down 2.9% from 2Q 2021). Net income: CN¥408.6m (up 130% from 2Q 2021). Profit margin: 19% (up from 8.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 7.0%, compared to a 31% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥10.08, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 142% over the past three years.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.14 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.31 (up from CN¥0.14 in 1Q 2021). Revenue: CN¥2.12b (up 17% from 1Q 2021). Net income: CN¥379.5m (up 162% from 1Q 2021). Profit margin: 18% (up from 8.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.2%, compared to a 35% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 06Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: CN¥0.70 (up from CN¥0.35 in FY 2020). Revenue: CN¥8.23b (up 44% from FY 2020). Net income: CN¥809.9m (up 131% from FY 2020). Profit margin: 9.8% (up from 6.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 17%. Over the next year, revenue is expected to shrink by 4.0% compared to a 10,675% growth forecast for the mining 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 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.10 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.18b (up 41% from 3Q 2020). Net income: CN¥268.1m (up 152% from 3Q 2020). Profit margin: 12% (up from 6.9% 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 42% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥9.10, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.67 per share.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥8.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.13 per share.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥10.78, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 142% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.35 per share.Reported Earnings • Aug 14Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.071 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥2.18b (up 53% from 2Q 2020). Net income: CN¥177.5m (up 153% from 2Q 2020). Profit margin: 8.1% (up from 4.9% 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 32% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥7.16, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 39% over the past three years.Reported Earnings • May 02First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.81b (up 97% from 1Q 2020). Net income: CN¥144.8m (up 126% from 1Q 2020). Profit margin: 8.0% (up from 7.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥6.75, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 33x in the Metals and Mining industry in China. Total returns to shareholders of 19% over the past three years.Reported Earnings • Mar 10Full year 2020 earnings released: EPS CN¥0.35 (vs CN¥0.15 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.72b (up 20% from FY 2019). Net income: CN¥351.1m (up 150% from FY 2019). Profit margin: 6.1% (up from 3.0% 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 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Feb 24New 90-day high: CN¥6.69The company is up 2.0% from its price of CN¥6.56 on 26 November 2020. The Chinese market is up 8.0% 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 • Jan 11New 90-day low: CN¥5.44The company is down 11% from its price of CN¥6.10 on 14 October 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 17% over the same period.Is New 90 Day High Low • Nov 05New 90-day high: CN¥6.27The company is up 12% from its price of CN¥5.58 on 07 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 11% over the same period.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥251.7m, up 56% from the prior year. Total revenue was CN¥5.13b over the last 12 months, up 4.9% from the prior year.Is New 90 Day High Low • Oct 12New 90-day high: CN¥6.20The company is up 14% from its price of CN¥5.42 on 14 July 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 9.0% over the same period.Valuation Update With 7 Day Price Move • Oct 12Market bids up stock over the past weekAfter last week's 18% share price gain to CN¥6.20, the stock is trading at a trailing P/E ratio of 34.2x, up from the previous P/E ratio of 29x. This compares to an average P/E of 34x in the Metals and Mining industry in China. Total return to shareholders over the past three years is a loss of 13%.Is New 90 Day High Low • Sep 21New 90-day high: CN¥5.89The company is up 29% from its price of CN¥4.57 on 23 June 2020. The Chinese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period.株主還元600888CN Metals and MiningCN 市場7D-17.3%-6.4%-3.2%1Y67.4%40.5%21.8%株主還元を見る業界別リターン: 600888過去 1 年間で40.5 % の収益を上げたCN Metals and Mining業界を上回りました。リターン対市場: 600888過去 1 年間で21.8 % の収益を上げたCN市場を上回りました。価格変動Is 600888's price volatile compared to industry and market?600888 volatility600888 Average Weekly Movement9.6%Metals and Mining Industry Average Movement7.6%Market Average Movement6.8%10% most volatile stocks in CN Market11.2%10% least volatile stocks in CN Market4.1%安定した株価: 600888の株価は、 CN市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 600888の weekly volatility ( 10% ) は過去 1 年間安定していますが、依然としてCNの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19583,135Jian Sunwww.joinworld.com新疆ジョインワールド有限公司は子会社と共に、中国国内外でのアルミニウム製品の研究開発、生産、販売を行っている。同社はアルミニウム、電子アルミ箔、中高圧電極箔、腐食箔、化学箔、成形箔、アルミニウム合金、その他の電子部品を提供している。同社のアルミニウム製品は、電子、航空宇宙、集積回路などの分野で、電子アルミ箔、電子ガイド線、アルミナ粉、航空用アルミ合金、ターゲット材などに使用され、電子消費財、省エネ電線、自動車エンジン、自動車・建築装飾などの分野では、電子、電気、運輸、建築などに使用され、電極箔やアルミ電解コンデンサーの生産にも使用されている。さらに、一般道路貨物および航空輸送、貨物運送、倉庫保管、荷役、不動産管理および住宅賃貸、コンテナ物流および賃貸、サプライチェーン・サービス、工業炉および補助設備、機械・電気設備および部品、金属製ドアおよび窓、電子材料、技術研究開発、エンジニアリング設計、アルミニウム、関連合金材料、アルミニウム加工製品、非鉄金属および電子材料に関するコンサルティング・サービスも提供している。また、商品・技術の輸出入、マグネシウム製品の採掘開発・研究・生産・販売、非鉄金属圧延加工、投資活動も行っている。新疆ジョインワールド社は1958年に設立され、中国ウルムチに本社を置いている。もっと見るXinjiang Joinworld Co., Ltd. 基礎のまとめXinjiang Joinworld の収益と売上を時価総額と比較するとどうか。600888 基礎統計学時価総額CN¥18.25b収益（TTM）CN¥705.17m売上高(TTM)CN¥7.80b25.9xPER（株価収益率2.3xP/Sレシオ600888 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600888 損益計算書（TTM）収益CN¥7.80b売上原価CN¥6.93b売上総利益CN¥869.37mその他の費用CN¥164.20m収益CN¥705.17m直近の収益報告Mar 31, 2026次回決算日Aug 21, 2026一株当たり利益（EPS）0.45グロス・マージン11.14%純利益率9.04%有利子負債／自己資本比率40.9%600888 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.1%現在の配当利回り25%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/11 07:51終値2026/07/10 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Xinjiang Joinworld 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。6 アナリスト機関Ning LiChina Stock Investment Research Co. Ltd. (DeepValue.online)null Research DepartmentGuotai Haitong/Guotai Junan International Holdings LimitedMinda LiuHuatai Research3 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥12.82, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 35x in the Metals and Mining industry in China. Total returns to shareholders of 68% over the past three years.
お知らせ • Jun 30Xinjiang Joinworld Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026Xinjiang Joinworld Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026
New Risk • Jun 25New 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 8.5% 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 High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (9.0% net profit margin).
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥12.49, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 37x in the Metals and Mining industry in China. Total returns to shareholders of 70% over the past three years.
Declared Dividend • Jun 10Dividend reduced to CN¥0.13Dividend of CN¥0.13 is 52% lower than last year. Ex-date: 12th June 2026 Payment date: 12th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (25% 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 24% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥11.73, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 40x in the Metals and Mining industry in China. Total returns to shareholders of 61% over the past three years.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥12.82, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 35x in the Metals and Mining industry in China. Total returns to shareholders of 68% over the past three years.
お知らせ • Jun 30Xinjiang Joinworld Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026Xinjiang Joinworld Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026
New Risk • Jun 25New 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 8.5% 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 High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (9.0% net profit margin).
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥12.49, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 37x in the Metals and Mining industry in China. Total returns to shareholders of 70% over the past three years.
Declared Dividend • Jun 10Dividend reduced to CN¥0.13Dividend of CN¥0.13 is 52% lower than last year. Ex-date: 12th June 2026 Payment date: 12th June 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (25% 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 24% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 27%After last week's 27% share price gain to CN¥11.73, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 40x in the Metals and Mining industry in China. Total returns to shareholders of 61% over the past three years.
Board Change • May 20Less 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. 6 non-independent directors. Independent Director Xi Yao was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 31Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 20, 2026Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 20, 2026, at 11:00 China Standard Time. Location: 2F, No. 18, Kashgar East Road, Urumqi, Xinjiang China
お知らせ • Mar 30Xinjiang Joinworld Co., Ltd. to Report Q1, 2026 Results on Apr 21, 2026Xinjiang Joinworld Co., Ltd. announced that they will report Q1, 2026 results on Apr 21, 2026
お知らせ • Dec 26Xinjiang Joinworld Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Xinjiang Joinworld Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
お知らせ • Sep 30Xinjiang Joinworld Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Xinjiang Joinworld Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
お知らせ • Jun 30Xinjiang Joinworld Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Xinjiang Joinworld Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
お知らせ • Mar 28Xinjiang Joinworld Co., Ltd. to Report Q1, 2025 Results on Apr 22, 2025Xinjiang Joinworld Co., Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025
お知らせ • Mar 25Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 16, 2025Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 16, 2025, at 11:00 China Standard Time. Location: 2F, No. 18, Kashgar East Road, Urumqi, Xinjiang China
お知らせ • Dec 27Xinjiang Joinworld Co., Ltd. to Report Fiscal Year 2024 Results on Mar 25, 2025Xinjiang Joinworld Co., Ltd. announced that they will report fiscal year 2024 results on Mar 25, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.17 (vs CN¥0.25 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.17 (down from CN¥0.25 in 3Q 2023). Revenue: CN¥1.90b (up 17% from 3Q 2023). Net income: CN¥232.3m (down 30% from 3Q 2023). Profit margin: 12% (down from 20% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CN¥7.76, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 24x in the Metals and Mining industry in China. Total returns to shareholders of 1.1% over the past three years.
お知らせ • Sep 30Xinjiang Joinworld Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Xinjiang Joinworld Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
New Risk • Sep 07New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
お知らせ • Jun 28Xinjiang Joinworld Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Xinjiang Joinworld Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.32 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.25 (down from CN¥0.32 in 1Q 2023). Revenue: CN¥1.63b (up 12% from 1Q 2023). Net income: CN¥337.4m (down 21% from 1Q 2023). Profit margin: 21% (down from 29% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 29Xinjiang Joinworld Co., Ltd. to Report Q1, 2024 Results on Apr 25, 2024Xinjiang Joinworld Co., Ltd. announced that they will report Q1, 2024 results on Apr 25, 2024
お知らせ • Mar 19Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 09, 2024Xinjiang Joinworld Co., Ltd., Annual General Meeting, Apr 09, 2024, at 11:00 China Standard Time. Location: 2F, No. 18, Kashgar East Road, Urumqi, Xinjiang China
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: CN¥1.17 (vs CN¥1.16 in FY 2022)Full year 2023 results: EPS: CN¥1.17 (up from CN¥1.16 in FY 2022). Revenue: CN¥6.53b (down 16% from FY 2022). Net income: CN¥1.56b (flat on FY 2022). Profit margin: 24% (up from 20% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 12% 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 35% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 29Xinjiang Joinworld Co., Ltd. to Report Fiscal Year 2023 Results on Mar 19, 2024Xinjiang Joinworld Co., Ltd. announced that they will report fiscal year 2023 results on Mar 19, 2024
Reported Earnings • Oct 20Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.36 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.25 (down from CN¥0.36 in 3Q 2022). Revenue: CN¥1.62b (down 5.9% from 3Q 2022). Net income: CN¥330.2m (down 29% from 3Q 2022). Profit margin: 20% (down from 27% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.28 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.30. Revenue: CN¥1.79b (down 15% from 2Q 2022). Net income: CN¥396.2m (down 3.0% from 2Q 2022). Profit margin: 22% (up from 19% in 2Q 2022). The increase in margin was driven by lower expenses.
お知らせ • Jun 28Xinjiang Joinworld Co.,Ltd. to Report First Half, 2023 Results on Aug 15, 2023Xinjiang Joinworld Co.,Ltd. announced that they will report first half, 2023 results on Aug 15, 2023
Reported Earnings • Apr 08Full year 2022 earnings released: EPS: CN¥1.16 (vs CN¥0.70 in FY 2021)Full year 2022 results: EPS: CN¥1.16 (up from CN¥0.70 in FY 2021). Revenue: CN¥7.74b (down 6.0% from FY 2021). Net income: CN¥1.55b (up 82% from FY 2021). Profit margin: 20% (up from 10% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 25Third quarter 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.21 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.36 (up from CN¥0.21 in 3Q 2021). Revenue: CN¥1.72b (down 21% from 3Q 2021). Net income: CN¥465.0m (up 74% from 3Q 2021). Profit margin: 27% (up from 12% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.4% 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 66% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 25Second quarter 2022 earnings released: EPS: CN¥0.28 (vs CN¥0.14 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.28 (up from CN¥0.14 in 2Q 2021). Revenue: CN¥2.12b (down 2.9% from 2Q 2021). Net income: CN¥408.6m (up 130% from 2Q 2021). Profit margin: 19% (up from 8.1% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 7.0%, compared to a 31% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥10.08, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 142% over the past three years.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: CN¥0.31 (vs CN¥0.14 in 1Q 2021)First quarter 2022 results: EPS: CN¥0.31 (up from CN¥0.14 in 1Q 2021). Revenue: CN¥2.12b (up 17% from 1Q 2021). Net income: CN¥379.5m (up 162% from 1Q 2021). Profit margin: 18% (up from 8.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.2%, compared to a 35% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 06Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: CN¥0.70 (up from CN¥0.35 in FY 2020). Revenue: CN¥8.23b (up 44% from FY 2020). Net income: CN¥809.9m (up 131% from FY 2020). Profit margin: 9.8% (up from 6.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 17%. Over the next year, revenue is expected to shrink by 4.0% compared to a 10,675% growth forecast for the mining 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 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.10 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.18b (up 41% from 3Q 2020). Net income: CN¥268.1m (up 152% from 3Q 2020). Profit margin: 12% (up from 6.9% 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 42% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥9.10, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 148% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.67 per share.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to CN¥8.80, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.13 per share.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 20% share price gain to CN¥10.78, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 142% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.35 per share.
Reported Earnings • Aug 14Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.071 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥2.18b (up 53% from 2Q 2020). Net income: CN¥177.5m (up 153% from 2Q 2020). Profit margin: 8.1% (up from 4.9% 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 32% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥7.16, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 30x in the Metals and Mining industry in China. Total returns to shareholders of 39% over the past three years.
Reported Earnings • May 02First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.81b (up 97% from 1Q 2020). Net income: CN¥144.8m (up 126% from 1Q 2020). Profit margin: 8.0% (up from 7.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥6.75, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 33x in the Metals and Mining industry in China. Total returns to shareholders of 19% over the past three years.
Reported Earnings • Mar 10Full year 2020 earnings released: EPS CN¥0.35 (vs CN¥0.15 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.72b (up 20% from FY 2019). Net income: CN¥351.1m (up 150% from FY 2019). Profit margin: 6.1% (up from 3.0% 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 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Feb 24New 90-day high: CN¥6.69The company is up 2.0% from its price of CN¥6.56 on 26 November 2020. The Chinese market is up 8.0% 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 • Jan 11New 90-day low: CN¥5.44The company is down 11% from its price of CN¥6.10 on 14 October 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 17% over the same period.
Is New 90 Day High Low • Nov 05New 90-day high: CN¥6.27The company is up 12% from its price of CN¥5.58 on 07 August 2020. The Chinese market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 11% over the same period.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥251.7m, up 56% from the prior year. Total revenue was CN¥5.13b over the last 12 months, up 4.9% from the prior year.
Is New 90 Day High Low • Oct 12New 90-day high: CN¥6.20The company is up 14% from its price of CN¥5.42 on 14 July 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 9.0% over the same period.
Valuation Update With 7 Day Price Move • Oct 12Market bids up stock over the past weekAfter last week's 18% share price gain to CN¥6.20, the stock is trading at a trailing P/E ratio of 34.2x, up from the previous P/E ratio of 29x. This compares to an average P/E of 34x in the Metals and Mining industry in China. Total return to shareholders over the past three years is a loss of 13%.
Is New 90 Day High Low • Sep 21New 90-day high: CN¥5.89The company is up 29% from its price of CN¥4.57 on 23 June 2020. The Chinese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period.
