View Financial HealthMinmetals Development 배당 및 자사주 매입배당 기준 점검 1/6Minmetals Development 은(는) 현재 수익률이 0.33% 인 배당금 지급 회사입니다.핵심 정보0.3%배당 수익률-22.8%자사주 매입 수익률총 주주 수익률-22.4%미래 배당 수익률n/a배당 성장률-9.1%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향-116%최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공고 • Jun 30Minmetals Development Co., Ltd. to Report First Half, 2026 Results on Aug 31, 2026Minmetals Development Co., Ltd. announced that they will report first half, 2026 results on Aug 31, 2026Board Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Shuguang Li was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공고 • Apr 09Minmetals Development Co., Ltd., Annual General Meeting, Apr 29, 2026Minmetals Development Co., Ltd., Annual General Meeting, Apr 29, 2026, at 09:30 China Standard Time. Location: 4F, Tower D, No. 5, Sanlihe Road, Haidian District, Beijing China공고 • Mar 30Minmetals Development Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Minmetals Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026공고 • Jan 16Minmetals Development Co., Ltd. announced a financing transactionMinmetals Development Co., Ltd. announced a private placement of Common Shares of the company of not more than 100% of the acquisition price by issuing not more than 30% of total share capital priced at not less than 80% of the average price in the 20 trading days before the pricing reference date January 14, 2026. The transaction involves participation from not more than 35 investors. The transaction is approved in the 12th Meeting of the Company’s 10th Directorate and is subject to receive 1. The Second Approval of the Company’s Directorate after Minmetals Mining Holdings Limited’s Audit and Assessment Work are Completed, the state-owned assets supervision and management agency’s approval, the Company convened a meeting of employee representatives to review and approve the employee resettlement plan involved in this transaction, the company’s shareholders’ approval, the Shanghai Stock Exchange’s approval, the CSRC’s approval, other necessary approvals.공고 • Dec 26Minmetals Development Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Minmetals Development Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026공고 • Sep 30Minmetals Development Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Minmetals Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025공고 • Jun 30Minmetals Development Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Minmetals Development Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025공고 • Mar 29Minmetals Development Co., Ltd., Annual General Meeting, Apr 29, 2025Minmetals Development Co., Ltd., Annual General Meeting, Apr 29, 2025, at 09:30 China Standard Time. Location: 4F, Tower D, No. 5, Sanlihe Road, Haidian District, Beijing China공고 • Mar 28Minmetals Development Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Minmetals Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025공고 • Dec 27Minmetals Development Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025Minmetals Development Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025New Risk • Oct 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 50% 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. This is currently the only risk that has been identified for the company.공고 • Sep 30Minmetals Development Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Minmetals Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Reported Earnings • Aug 31Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: CN¥20.2b (down 2.4% from 2Q 2023). Net income: CN¥158.4m (down 4.6% from 2Q 2023). Profit margin: 0.8% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.공고 • Jun 28Minmetals Development Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Minmetals Development Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.03 profit in 1Q 2023)First quarter 2024 results: CN¥0.13 loss per share (down from CN¥0.03 profit in 1Q 2023). Revenue: CN¥14.5b (down 16% from 1Q 2023). Net loss: CN¥107.7m (down 432% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공고 • Apr 09Minmetals Development Co., Ltd., Annual General Meeting, Apr 29, 2024Minmetals Development Co., Ltd., Annual General Meeting, Apr 29, 2024, at 09:00 China Standard Time. Location: 4F, Tower D, No. 5, Sanlihe Road, Haidian District, Beijing ChinaReported Earnings • Mar 31Full year 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.32 in FY 2022)Full year 2023 results: EPS: CN¥0.11 (down from CN¥0.32 in FY 2022). Revenue: CN¥79.0b (flat on FY 2022). Net income: CN¥199.2m (down 41% from FY 2022). Profit margin: 0.3% (down from 0.4% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공고 • Mar 29Minmetals Development Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Minmetals Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥7.40, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 19x in the Trade Distributors industry in China. Total returns to shareholders of 14% over the past three years.공고 • Dec 30Minmetals Development Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024Minmetals Development Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.013 loss in 3Q 2022)Third quarter 2023 results: CN¥0.01 loss per share. Revenue: CN¥20.7b (up 9.3% from 3Q 2022). Net loss: CN¥19.3m (loss widened 5.0% from 3Q 2022).New Risk • Sep 11New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 50% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (50% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin).Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.15 in 2Q 2022). Revenue: CN¥20.7b (down 12% from 2Q 2022). Net income: CN¥166.1m (down 32% from 2Q 2022). Profit margin: 0.8% (down from 1.0% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.12 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.12 in 1Q 2022). Revenue: CN¥17.3b (up 13% from 1Q 2022). Net income: CN¥32.5m (down 75% from 1Q 2022). Profit margin: 0.2% (down from 0.9% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 2 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Shou Wen Zhang is the most experienced director on the board, commencing their role in 2014. Independent Director Xinmin Zhang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Oct 25Third quarter 2022 earnings released: CN¥0.013 loss per share (vs CN¥0.046 profit in 3Q 2021)Third quarter 2022 results: CN¥0.013 loss per share (down from CN¥0.046 profit in 3Q 2021). Revenue: CN¥18.9b (down 14% from 3Q 2021). Net loss: CN¥18.4m (down 132% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.11 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.11 in 2Q 2021). Revenue: CN¥23.5b (down 14% from 2Q 2021). Net income: CN¥243.1m (up 20% from 2Q 2021). Profit margin: 1.0% (up from 0.7% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥9.56, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 26x in the Trade Distributors industry in China. Total returns to shareholders of 9.4% over the past three years.Board Change • Apr 27Less 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 Quansheng Chen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 15Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.31 (up from CN¥0.25 in FY 2020). Revenue: CN¥87.5b (up 30% from FY 2020). Net income: CN¥479.0m (up 78% from FY 2020). Profit margin: 0.5% (up from 0.4% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.046 (vs CN¥0.092 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥21.9b (up 4.3% from 3Q 2020). Net income: CN¥57.8m (down 41% from 3Q 2020). Profit margin: 0.3% (down from 0.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥9.80, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 23x in the Trade Distributors industry in China. Total returns to shareholders of 35% over the past three years.Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.18 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥27.6b (up 45% from 2Q 2020). Net income: CN¥202.1m (up 2.5% from 2Q 2020). Profit margin: 0.7% (down from 1.0% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥10.53, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 26x in the Trade Distributors industry in China. Total returns to shareholders of 40% over the past three years.Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 24% share price gain to CN¥8.92, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 28x in the Trade Distributors industry in China. Total loss to shareholders of 15% over the past three years.Reported Earnings • May 01First quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.044 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥16.6b (up 86% from 1Q 2020). Net income: CN¥92.5m (up CN¥140.2m from 1Q 2020). Profit margin: 0.6% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 30Full year 2020 earnings released: EPS CN¥0.11 (vs CN¥0.16 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥67.3b (up 8.1% from FY 2019). Net income: CN¥268.7m (up 55% from FY 2019). Profit margin: 0.4% (up from 0.3% in FY 2019). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥7.80, the stock is trading at a trailing P/E ratio of 29.8x, up from the previous P/E ratio of 25.9x. This compares to an average P/E of 25x in the Trade Distributors industry in China. Total return to shareholders over the past three years is a loss of 26%.Is New 90 Day High Low • Feb 23New 90-day high: CN¥7.77The company is up 4.0% from its price of CN¥7.46 on 25 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Trade Distributors industry, which is down 4.0% over the same period.Is New 90 Day High Low • Nov 20New 90-day high: CN¥7.38The company is up 6.0% from its price of CN¥6.93 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is down 9.0% over the same period.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥280.6m, with earnings increasing by CN¥543.1m from the prior year. Total revenue was CN¥66.9b over the last 12 months, up 9.6% from the prior year.Is New 90 Day High Low • Oct 27New 90-day low: CN¥6.50The company is down 5.0% from its price of CN¥6.83 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Trade Distributors industry, which is down 6.0% over the same period.Is New 90 Day High Low • Oct 04New 90-day low: CN¥6.61The company is down 2.0% from its price of CN¥6.74 on 06 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Trade Distributors industry, which is down 5.0% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 이제 막 배당금 지급을 시작했기 때문에 600058 의 배당금 지급이 안정적인지 여부를 판단하기에는 너무 이릅니다.배당금 증가: 이제 막 배당금 지급을 시작했기 때문에 600058 의 배당금 지급액이 늘어나고 있는지 판단하기에는 너무 이릅니다.배당 수익률 vs 시장Minmetals Development 배당 수익률 vs 시장600058의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (600058)0.3%시장 하위 25% (CN)0.4%시장 상위 25% (CN)2.2%업계 평균 (Trade Distributors)3.5%분석가 예측 (600058) (최대 3년)n/a주목할만한 배당금: 600058 의 배당금( 0.33% )은 CN 시장에서 배당금 지급자의 하위 25%( 0.42% )와 비교해 주목할 만하지 않습니다.고배당: 600058 의 배당금( 0.33% )은 CN 시장에서 배당금 지급자의 상위 25%( 2.18% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 600058 배당금을 지급하고 있지만 회사는 수익성이 없습니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 4.9% )이 낮기 때문에 600058 의 배당금 지급은 현금 흐름으로 완전히 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YCN 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/23 08:06종가2026/08/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Minmetals Development Co., Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Xiuxin NiePing An Securities Co. Ltd.
공고 • Jun 30Minmetals Development Co., Ltd. to Report First Half, 2026 Results on Aug 31, 2026Minmetals Development Co., Ltd. announced that they will report first half, 2026 results on Aug 31, 2026
Board Change • May 20Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Shuguang Li was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공고 • Apr 09Minmetals Development Co., Ltd., Annual General Meeting, Apr 29, 2026Minmetals Development Co., Ltd., Annual General Meeting, Apr 29, 2026, at 09:30 China Standard Time. Location: 4F, Tower D, No. 5, Sanlihe Road, Haidian District, Beijing China
공고 • Mar 30Minmetals Development Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Minmetals Development Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
공고 • Jan 16Minmetals Development Co., Ltd. announced a financing transactionMinmetals Development Co., Ltd. announced a private placement of Common Shares of the company of not more than 100% of the acquisition price by issuing not more than 30% of total share capital priced at not less than 80% of the average price in the 20 trading days before the pricing reference date January 14, 2026. The transaction involves participation from not more than 35 investors. The transaction is approved in the 12th Meeting of the Company’s 10th Directorate and is subject to receive 1. The Second Approval of the Company’s Directorate after Minmetals Mining Holdings Limited’s Audit and Assessment Work are Completed, the state-owned assets supervision and management agency’s approval, the Company convened a meeting of employee representatives to review and approve the employee resettlement plan involved in this transaction, the company’s shareholders’ approval, the Shanghai Stock Exchange’s approval, the CSRC’s approval, other necessary approvals.
공고 • Dec 26Minmetals Development Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026Minmetals Development Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026
공고 • Sep 30Minmetals Development Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Minmetals Development Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
공고 • Jun 30Minmetals Development Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025Minmetals Development Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025
공고 • Mar 29Minmetals Development Co., Ltd., Annual General Meeting, Apr 29, 2025Minmetals Development Co., Ltd., Annual General Meeting, Apr 29, 2025, at 09:30 China Standard Time. Location: 4F, Tower D, No. 5, Sanlihe Road, Haidian District, Beijing China
공고 • Mar 28Minmetals Development Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Minmetals Development Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
공고 • Dec 27Minmetals Development Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025Minmetals Development Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025
New Risk • Oct 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 50% 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. This is currently the only risk that has been identified for the company.
공고 • Sep 30Minmetals Development Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Minmetals Development Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Reported Earnings • Aug 31Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: CN¥20.2b (down 2.4% from 2Q 2023). Net income: CN¥158.4m (down 4.6% from 2Q 2023). Profit margin: 0.8% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
공고 • Jun 28Minmetals Development Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Minmetals Development Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024
Reported Earnings • Apr 30First quarter 2024 earnings released: CN¥0.13 loss per share (vs CN¥0.03 profit in 1Q 2023)First quarter 2024 results: CN¥0.13 loss per share (down from CN¥0.03 profit in 1Q 2023). Revenue: CN¥14.5b (down 16% from 1Q 2023). Net loss: CN¥107.7m (down 432% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공고 • Apr 09Minmetals Development Co., Ltd., Annual General Meeting, Apr 29, 2024Minmetals Development Co., Ltd., Annual General Meeting, Apr 29, 2024, at 09:00 China Standard Time. Location: 4F, Tower D, No. 5, Sanlihe Road, Haidian District, Beijing China
Reported Earnings • Mar 31Full year 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.32 in FY 2022)Full year 2023 results: EPS: CN¥0.11 (down from CN¥0.32 in FY 2022). Revenue: CN¥79.0b (flat on FY 2022). Net income: CN¥199.2m (down 41% from FY 2022). Profit margin: 0.3% (down from 0.4% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공고 • Mar 29Minmetals Development Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Minmetals Development Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
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¥7.40, the stock trades at a trailing P/E ratio of 49.7x. Average trailing P/E is 19x in the Trade Distributors industry in China. Total returns to shareholders of 14% over the past three years.
공고 • Dec 30Minmetals Development Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024Minmetals Development Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.01 loss per share (vs CN¥0.013 loss in 3Q 2022)Third quarter 2023 results: CN¥0.01 loss per share. Revenue: CN¥20.7b (up 9.3% from 3Q 2022). Net loss: CN¥19.3m (loss widened 5.0% from 3Q 2022).
New Risk • Sep 11New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 50% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (50% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.3% net profit margin).
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.15 in 2Q 2022). Revenue: CN¥20.7b (down 12% from 2Q 2022). Net income: CN¥166.1m (down 32% from 2Q 2022). Profit margin: 0.8% (down from 1.0% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.12 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.12 in 1Q 2022). Revenue: CN¥17.3b (up 13% from 1Q 2022). Net income: CN¥32.5m (down 75% from 1Q 2022). Profit margin: 0.2% (down from 0.9% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.
Board Change • Nov 16Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 2 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Shou Wen Zhang is the most experienced director on the board, commencing their role in 2014. Independent Director Xinmin Zhang was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Oct 25Third quarter 2022 earnings released: CN¥0.013 loss per share (vs CN¥0.046 profit in 3Q 2021)Third quarter 2022 results: CN¥0.013 loss per share (down from CN¥0.046 profit in 3Q 2021). Revenue: CN¥18.9b (down 14% from 3Q 2021). Net loss: CN¥18.4m (down 132% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 24Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.11 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.15 (up from CN¥0.11 in 2Q 2021). Revenue: CN¥23.5b (down 14% from 2Q 2021). Net income: CN¥243.1m (up 20% from 2Q 2021). Profit margin: 1.0% (up from 0.7% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥9.56, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 26x in the Trade Distributors industry in China. Total returns to shareholders of 9.4% over the past three years.
Board Change • Apr 27Less 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 Quansheng Chen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 15Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: CN¥0.31 (up from CN¥0.25 in FY 2020). Revenue: CN¥87.5b (up 30% from FY 2020). Net income: CN¥479.0m (up 78% from FY 2020). Profit margin: 0.5% (up from 0.4% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 23Third quarter 2021 earnings released: EPS CN¥0.046 (vs CN¥0.092 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥21.9b (up 4.3% from 3Q 2020). Net income: CN¥57.8m (down 41% from 3Q 2020). Profit margin: 0.3% (down from 0.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥9.80, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 23x in the Trade Distributors industry in China. Total returns to shareholders of 35% over the past three years.
Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.18 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥27.6b (up 45% from 2Q 2020). Net income: CN¥202.1m (up 2.5% from 2Q 2020). Profit margin: 0.7% (down from 1.0% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥10.53, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 26x in the Trade Distributors industry in China. Total returns to shareholders of 40% over the past three years.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 24% share price gain to CN¥8.92, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 28x in the Trade Distributors industry in China. Total loss to shareholders of 15% over the past three years.
Reported Earnings • May 01First quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.044 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥16.6b (up 86% from 1Q 2020). Net income: CN¥92.5m (up CN¥140.2m from 1Q 2020). Profit margin: 0.6% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 30Full year 2020 earnings released: EPS CN¥0.11 (vs CN¥0.16 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥67.3b (up 8.1% from FY 2019). Net income: CN¥268.7m (up 55% from FY 2019). Profit margin: 0.4% (up from 0.3% in FY 2019). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to CN¥7.80, the stock is trading at a trailing P/E ratio of 29.8x, up from the previous P/E ratio of 25.9x. This compares to an average P/E of 25x in the Trade Distributors industry in China. Total return to shareholders over the past three years is a loss of 26%.
Is New 90 Day High Low • Feb 23New 90-day high: CN¥7.77The company is up 4.0% from its price of CN¥7.46 on 25 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Trade Distributors industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Nov 20New 90-day high: CN¥7.38The company is up 6.0% from its price of CN¥6.93 on 21 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is down 9.0% over the same period.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥280.6m, with earnings increasing by CN¥543.1m from the prior year. Total revenue was CN¥66.9b over the last 12 months, up 9.6% from the prior year.
Is New 90 Day High Low • Oct 27New 90-day low: CN¥6.50The company is down 5.0% from its price of CN¥6.83 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Trade Distributors industry, which is down 6.0% over the same period.
Is New 90 Day High Low • Oct 04New 90-day low: CN¥6.61The company is down 2.0% from its price of CN¥6.74 on 06 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Trade Distributors industry, which is down 5.0% over the same period.