View ValuationYunnan Tin 향후 성장Future 기준 점검 1/6Yunnan Tin (는) 각각 연간 15.3% 및 3.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 16.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 14.1% 로 예상됩니다.핵심 정보15.3%이익 성장률16.07%EPS 성장률Metals and Mining 이익 성장23.5%매출 성장률3.2%향후 자기자본이익률14.12%애널리스트 커버리지Low마지막 업데이트24 Jun 2026최근 향후 성장 업데이트Price Target Changed • Feb 01Price target increased by 15% to CN¥25.30Up from CN¥21.94, the current price target is an average from 2 analysts. New target price is 36% below last closing price of CN¥39.82. Stock is up 176% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥0.85 last year.Price Target Changed • May 02Price target decreased by 9.5% to CN¥17.65Down from CN¥19.50, the current price target is an average from 2 analysts. New target price is 28% above last closing price of CN¥13.79. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥1.41 for next year compared to CN¥0.85 last year.Price Target Changed • Aug 28Price target decreased by 7.7% to CN¥19.59Down from CN¥21.22, the current price target is an average from 4 analysts. New target price is 43% above last closing price of CN¥13.71. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of CN¥1.27 for next year compared to CN¥0.86 last year.Major Estimate Revision • Apr 18Consensus revenue estimates fall by 18%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥50.6b to CN¥41.7b. EPS estimate fell from CN¥1.35 to CN¥1.28 per share. Net income forecast to grow 50% next year vs 34% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥17.96 to CN¥19.96. Share price rose 2.9% to CN¥17.50 over the past week.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥34.18, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 117% over the past three years.공고 • Jun 30Yunnan Tin Company Limited to Report First Half, 2026 Results on Aug 20, 2026Yunnan Tin Company Limited announced that they will report first half, 2026 results on Aug 20, 2026New Risk • Jun 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥35.44, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.10 per share.Buy Or Sell Opportunity • May 27Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to CN¥39.08. The fair value is estimated to be CN¥51.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 4.3% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥41.31, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.71 per share.Reported Earnings • Apr 28First quarter 2026 earnings released: EPS: CN¥0.52 (vs CN¥0.29 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.52 (up from CN¥0.29 in 1Q 2025). Revenue: CN¥15.6b (up 60% from 1Q 2025). Net income: CN¥867.6m (up 74% from 1Q 2025). Profit margin: 5.6% (up from 5.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% 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 34% per year whereas the company’s share price has increased by 31% per year.Declared Dividend • Apr 26Final dividend of CN¥0.25 announcedShareholders will receive a dividend of CN¥0.25. Ex-date: 30th April 2026 Payment date: 30th April 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (89% cash payout ratio). The dividend has increased by an average of 35% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Board Change • Apr 24Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Director & GM Assistant Shi Yong Li was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥37.55, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.24 per share.공고 • Mar 31Yunnan Tin Company Limited to Report Q1, 2026 Results on Apr 28, 2026Yunnan Tin Company Limited announced that they will report Q1, 2026 results on Apr 28, 2026Reported Earnings • Mar 30Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: CN¥1.16 (up from CN¥0.85 in FY 2024). Revenue: CN¥43.5b (up 3.7% from FY 2024). Net income: CN¥1.97b (up 36% from FY 2024). Profit margin: 4.5% (up from 3.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to stay flat 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 27% per year whereas the company’s share price has increased by 30% per year.공고 • Mar 29Yunnan Tin Company Limited, Annual General Meeting, Apr 20, 2026Yunnan Tin Company Limited, Annual General Meeting, Apr 20, 2026, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan ChinaBuy Or Sell Opportunity • Mar 03Now 22% undervaluedOver the last 90 days, the stock has risen 71% to CN¥43.92. The fair value is estimated to be CN¥56.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 6.4% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥44.36, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 202% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥56.50 per share.New Risk • Feb 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Price Target Changed • Feb 01Price target increased by 15% to CN¥25.30Up from CN¥21.94, the current price target is an average from 2 analysts. New target price is 36% below last closing price of CN¥39.82. Stock is up 176% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥0.85 last year.Buy Or Sell Opportunity • Jan 27Now 21% undervaluedOver the last 90 days, the stock has risen 81% to CN¥44.38. The fair value is estimated to be CN¥56.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 5.3% in 2 years. Earnings are forecast to grow by 44% in the next 2 years.Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 12%After last week's 12% share price gain to CN¥41.98, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 186% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥55.56 per share.Declared Dividend • Jan 26Dividend of CN¥0.11 announcedShareholders will receive a dividend of CN¥0.11. Ex-date: 27th January 2026 Payment date: 27th January 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 29% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공고 • Jan 20Yunnan Tin Company Limited Approves 2025 Third Quarter Cash Dividend on A Shares, Payable on 27 January 2026Yunnan Tin Company Limited announced 2025 third quarter profit distribution plan its 1st Extraordinary General Meeting of 2026 on 16 January 2026 approved: Cash dividend/10 shares (tax included): CNY 1.10000000 on A shares. Record date: 26 January 2026. Ex-date: 27 January 2026. Payment date: 27 January 2026.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥32.20, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥54.49 per share.공고 • Dec 31Yunnan Tin Company Limited to Report Fiscal Year 2025 Results on Mar 30, 2026Yunnan Tin Company Limited announced that they will report fiscal year 2025 results on Mar 30, 2026Reported Earnings • Oct 27Third quarter 2025 earnings released: EPS: CN¥0.41 (vs CN¥0.28 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.41 (up from CN¥0.28 in 3Q 2024). Revenue: CN¥13.3b (up 28% from 3Q 2024). Net income: CN¥683.4m (up 41% from 3Q 2024). Profit margin: 5.1% (up from 4.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 15New 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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change).공고 • Sep 30Yunnan Tin Company Limited to Report Q3, 2025 Results on Oct 27, 2025Yunnan Tin Company Limited announced that they will report Q3, 2025 results on Oct 27, 2025Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥23.14, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 96% over the past three years.Reported Earnings • Aug 26Second quarter 2025 earnings released: EPS: CN¥0.33 (vs CN¥0.28 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.33 (up from CN¥0.28 in 2Q 2024). Revenue: CN¥11.4b (up 9.5% from 2Q 2024). Net income: CN¥562.4m (up 19% from 2Q 2024). Profit margin: 4.9% (up from 4.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥18.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 30% over the past three years.공고 • Jul 02Yunnan Tin Company Limited to Report First Half, 2025 Results on Aug 25, 2025Yunnan Tin Company Limited announced that they will report first half, 2025 results on Aug 25, 2025공고 • Jun 13Yunnan Tin Company Limited (SZSE:000960) announces an Equity Buyback for CNY 200 million worth of its shares.Yunnan Tin Company Limited (SZSE:000960) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 21.19 per share. The program will be financed via own funds or self raised funds. The purpose of the program is to reduce registered capital. The repurchased shares will be cancelled. The buyback is subject to shareholders approval. The program will be valid for 12 months from the date of shareholders approval.Declared Dividend • May 05Dividend of CN¥0.19 announcedShareholders will receive a dividend of CN¥0.19. Ex-date: 12th May 2025 Payment date: 12th May 2025 Dividend yield will be 2.1%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 51% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Price Target Changed • May 02Price target decreased by 9.5% to CN¥17.65Down from CN¥19.50, the current price target is an average from 2 analysts. New target price is 28% above last closing price of CN¥13.79. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥1.41 for next year compared to CN¥0.85 last year.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥13.38, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 36% over the past three years.공고 • Apr 04Yunnan Tin Company Limited Proposes Final Cash Distribution for 2024Yunnan Tin Company Limited announced on 03 April 2025 the final profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY1.90000000.Reported Earnings • Apr 03Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.85. Revenue: CN¥42.0b (flat on FY 2023). Net income: CN¥1.44b (up 2.5% from FY 2023). Profit margin: 3.4% (up from 3.3% in FY 2023). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China.공고 • Apr 03Yunnan Tin Company Limited, Annual General Meeting, Apr 25, 2025Yunnan Tin Company Limited, Annual General Meeting, Apr 25, 2025, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan China공고 • Mar 31Yunnan Tin Company Limited to Report Q1, 2025 Results on Apr 28, 2025Yunnan Tin Company Limited announced that they will report Q1, 2025 results on Apr 28, 2025공고 • Jan 18Yunnan Tin Company Limited Approves Interim Profit Distribution Plan for Third Quarter 2024, Payable on 23 January 2025Yunnan Tin Company Limited at its 1st Extraordinary General Meeting of 2025 on 15 January 2025, during which the following proposal(s) was/were approved: 2024 interim profit distribution plan. The detailed profit distribution plan is as follows: Cash dividend/10 shares (tax included): CNY 1.00000000. 2024 third quarter profit distribution plan to be implemented (A shares): Record date: 22 January 2025; Ex-date: 23 January 2025; Payment date: 23 January 2025.공고 • Jan 02Yunnan Tin Company Limited Proposes Profit Distribution for the Third Quarter of 2024On December 31, 2024, Yunnan Tin Company Limited proposed profit distribution for the third quarter of 2024 as follows: Cash dividend/10 shares (tax included) of CNY 1.00000000.공고 • Dec 31Yunnan Tin Company Limited to Report Fiscal Year 2024 Results on Apr 03, 2025Yunnan Tin Company Limited announced that they will report fiscal year 2024 results on Apr 03, 2025Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.25 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.25 in 3Q 2023). Revenue: CN¥10.4b (down 3.6% from 3Q 2023). Net income: CN¥483.6m (up 19% from 3Q 2023). Profit margin: 4.6% (up from 3.8% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공고 • Sep 30Yunnan Tin Company Limited to Report Q3, 2024 Results on Oct 26, 2024Yunnan Tin Company Limited announced that they will report Q3, 2024 results on Oct 26, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥16.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 11% over the past three years.Price Target Changed • Aug 28Price target decreased by 7.7% to CN¥19.59Down from CN¥21.22, the current price target is an average from 4 analysts. New target price is 43% above last closing price of CN¥13.71. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of CN¥1.27 for next year compared to CN¥0.86 last year.Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.26 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.26 in 2Q 2023). Revenue: CN¥10.4b (down 11% from 2Q 2023). Net income: CN¥473.6m (up 13% from 2Q 2023). Profit margin: 4.6% (up from 3.6% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥13.65, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.55 per share.Declared Dividend • May 17Dividend increased to CN¥0.26Dividend of CN¥0.26 is 117% higher than last year. Ex-date: 22nd May 2024 Payment date: 22nd May 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • May 16Yunnan Tin Company Limited Announces Cash Dividend for A Shares of 2023, Payable on 22 May 2024Yunnan Tin Company Limited announced cash dividend/10 shares (tax included) of CNY 2.60000000 for A shares of 2023. Record date is 21 May 2024. Ex-date is 22 May 2024. Payment date is 22 May 2024.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.16 in 1Q 2023). Revenue: CN¥8.40b (down 25% from 1Q 2023). Net income: CN¥326.3m (up 22% from 1Q 2023). Profit margin: 3.9% (up from 2.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Major Estimate Revision • Apr 18Consensus revenue estimates fall by 18%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥50.6b to CN¥41.7b. EPS estimate fell from CN¥1.35 to CN¥1.28 per share. Net income forecast to grow 50% next year vs 34% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥17.96 to CN¥19.96. Share price rose 2.9% to CN¥17.50 over the past week.Reported Earnings • Apr 14Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.86 (up from CN¥0.82 in FY 2022). Revenue: CN¥42.4b (down 19% from FY 2022). Net income: CN¥1.41b (up 4.6% from FY 2022). Profit margin: 3.3% (up from 2.6% in FY 2022). The increase in margin was driven by lower expenses. Production and reserves: Zinc Production: 0.258 Mt (0.242 Mt in FY 2022) Copper Production: 30,625 t (31,637 t in FY 2022) Number of mines: 1 (1 in FY 2022) Silver Production: 5,337 troy koz Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공고 • Apr 13+ 1 more updateYunnan Tin Company Limited, Annual General Meeting, May 10, 2024Yunnan Tin Company Limited, Annual General Meeting, May 10, 2024, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2024 operation budget plan; to consider 2023 profit distribution plan; to consider 2024 investment plan; and to consider 2023 annual report and its summary.공고 • Mar 30Yunnan Tin Company Limited to Report Q1, 2024 Results on Apr 26, 2024Yunnan Tin Company Limited announced that they will report Q1, 2024 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥11.02, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 6.5% over the past three years.공고 • Dec 30Yunnan Tin Company Limited to Report Fiscal Year 2023 Results on Apr 12, 2024Yunnan Tin Company Limited announced that they will report fiscal year 2023 results on Apr 12, 2024New Risk • Nov 04New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin).Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.11 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.25 (up from CN¥0.11 loss in 3Q 2022). Revenue: CN¥10.8b (down 4.4% from 3Q 2022). Net income: CN¥407.9m (up CN¥582.8m from 3Q 2022). Profit margin: 3.8% (up from net loss in 3Q 2022). Revenue is forecast to grow 6.5% 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 remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.공고 • Sep 30Yunnan Tin Company Limited to Report Q3, 2023 Results on Oct 27, 2023Yunnan Tin Company Limited announced that they will report Q3, 2023 results on Oct 27, 2023Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.19 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥11.7b (down 26% from 2Q 2022). Net income: CN¥420.2m (up 36% from 2Q 2022). Profit margin: 3.6% (up from 2.0% in 2Q 2022). Revenue is forecast to grow 6.7% 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 14% per year whereas the company’s share price has increased by 15% per year.공고 • May 09Yunnan Tin Company Limited Announces Final Dividend Implementation for A Shares for the Year 2022, Payable on 15 May 2023Yunnan Tin Company Limited announced 2022 final profit distribution plan to be implemented (A shares): cash dividend of CNY 1.20000000 per ten shares (tax included). Record date: 12 May 2023. Ex-date: 15 May 2023. Payment date: 15 May 2023.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥16.85, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 101% over the past three years.공고 • Feb 07Yunnan Tin Company Limited Elects Chen Xiongjun and Li Dening as Non-Independent Directors; and Wang Daobin and Yu Dingming as Independent DirectorsYunnan Tin Company Limited elected Chen Xiongjun and Li Dening as non-independent directors; and Wang Daobin and Yu Dingming as independent directors at the Extraordinary General Meeting held on February 3, 2023.Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.11 loss per share (vs CN¥0.51 profit in 3Q 2021)Third quarter 2022 results: CN¥0.11 loss per share (down from CN¥0.51 profit in 3Q 2021). Revenue: CN¥11.3b (down 18% from 3Q 2021). Net loss: CN¥175.0m (down 121% from profit in 3Q 2021). Revenue is forecast to grow 4.7% 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 61% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 22Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.38 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.38 in 2Q 2021). Revenue: CN¥15.8b (up 1.6% from 2Q 2021). Net income: CN¥309.6m (down 51% from 2Q 2021). Profit margin: 2.0% (down from 4.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.2%, 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 15% per year, which means it is significantly lagging earnings growth.공고 • Aug 02Yunnan Tin Company Limited (SZSE:000960) wins the bid to acquire 8.37% stake in Yunnan Hualian Zinc and Indium Co., Ltd. for CNY approximately CNY 980 million.Yunnan Tin Company Limited (SZSE:000960) wins the bid to acquire 8.37% stake in Yunnan Hualian Zinc and Indium Co., Ltd. for approximately CNY 980 million on August 1, 2022.Board Change • Aug 01High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Jul 02High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공고 • Jun 08Yunnan Tin Company Limited Approves Board AppointmentsYunnan Tin Company Limited approved the appointments of Liu Luke, Wu Jun and Li Ji as non-independent directors, at its 2nd Extraordinary General Meeting of 2022 held on 06 June 2022.공고 • May 12Yunnan Tin Company Limited Approves Final Cash Dividend for the Year 2021, Payable 17 May 2022Yunnan Tin Company Limited announced that at its AGM held on May 06, 2022, shareholders approved the final cash dividend of CNY 1.10 per 10 A shares (tax included) for the year 2021. Record date is 16 May 2022. Ex-date is 17 May 2022. Payment date is 17 May 2022.Reported Earnings • Apr 28First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: CN¥0.74 (up from CN¥0.20 in 1Q 2021). Revenue: CN¥15.0b (up 8.1% from 1Q 2021). Net income: CN¥1.21b (up 268% from 1Q 2021). Profit margin: 8.0% (up from 2.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 8.9%, compared to a 34% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Vice Chairman Ruihan Cheng was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥18.70, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.31 per share.Reported Earnings • Apr 17Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: CN¥1.71 (up from CN¥0.42 in FY 2020). Revenue: CN¥53.8b (up 20% from FY 2020). Net income: CN¥2.82b (up 308% from FY 2020). Profit margin: 5.2% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Zinc Production: 0.348 Mt (0.22 Mt in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Copper Production: 35,500 t (38,330 t in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Silver Production: 6,333.7 troy koz (4,597.6 troy koz in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 8.9%, compared to a 38% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.공고 • Apr 16+ 1 more updateYunnan Tin Company Limited Announces Profit Distribution Proposal for 2021Yunnan Tin Company Limited announced on 15 April 2022 Cash dividend/10 shares (tax included) of CNY 1.10000000 for 2021.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to CN¥19.71, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 62% over the past three years.Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥23.37, 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 114% over the past three years.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥16.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 64% over the past three years.Reported Earnings • Oct 22Third quarter 2021 earnings released: EPS CN¥0.51 (vs CN¥0.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥13.8b (up 4.3% from 3Q 2020). Net income: CN¥835.8m (up 228% from 3Q 2020). Profit margin: 6.1% (up from 1.9% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥18.74, 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 78% over the past three years.Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improved over the past weekAfter last week's 33% share price gain to CN¥21.71, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 110% over the past three years.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS CN¥0.38 (vs CN¥0.094 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥15.5b (up 18% from 2Q 2020). Net income: CN¥630.9m (up 309% from 2Q 2020). Profit margin: 4.1% (up from 1.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥19.08, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 84% over the past three years.이익 및 매출 성장 예측SZSE:000960 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202854,2023,816N/A5,836312/31/202752,3103,916N/A6,238412/31/202651,5213,594N/A5,33543/31/202649,3582,334-288310N/A12/31/202543,5351,9666651,295N/A9/30/202547,1771,9063,3244,137N/A6/30/202544,2911,7062,4903,278N/A3/31/202543,3021,6172,1052,976N/A12/31/202441,9731,4442,4953,405N/A9/30/202437,9141,5961,7932,736N/A6/30/202438,3021,5211,4772,375N/A3/31/202439,6381,4671,3462,397N/A12/31/202342,3591,4081,1682,193N/A9/30/202343,4881,0962,1573,197N/A6/30/202343,9895132,9934,301N/A3/31/202348,0724033,8635,263N/A1/1/202351,9981,3463,3185,048N/A9/30/202252,7972,3674,6286,599N/A6/30/202255,2273,3773,1455,170N/A3/31/202254,9763,6991,7473,872N/A1/1/202253,8442,8178532,915N/A9/30/202152,3212,029-1611,649N/A6/30/202151,7511,448-4251,416N/A3/31/202149,396972-521,908N/A12/31/202044,795690772,038N/A9/30/202044,537725-8361,514N/A6/30/202043,358595-6811,593N/A3/31/202043,245703-2511,702N/A12/31/201942,887849N/A2,101N/A9/30/201942,317735N/A1,458N/A6/30/201941,570887N/A2,283N/A3/31/201939,526902N/A3,136N/A12/31/201839,603885N/A2,540N/A9/30/201838,155898N/A2,902N/A6/30/201835,790802N/A2,113N/A3/31/201835,784739N/A1,905N/A12/31/201734,410706N/A2,320N/A9/30/201735,188621N/A1,499N/A6/30/201735,646490N/A2,291N/A3/31/201735,709295N/A1,418N/A12/31/201633,429136N/A1,798N/A9/30/201633,302-1,435N/A2,529N/A6/30/201634,174-1,572N/A2,515N/A3/31/201630,998-1,787N/A2,173N/A12/31/201531,079-1,970N/A2,031N/A9/30/201531,930-577N/A2,509N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 000960 의 연간 예상 수익 증가율(15.3%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 000960 의 연간 수익(15.3%)이 CN 시장(25.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 000960 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 000960 의 수익(연간 3.2%)이 CN 시장(연간 16%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 000960 의 수익(연간 3.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 000960의 자본 수익률은 3년 후 14.1%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/25 04:30종가2026/07/24 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 소스Yunnan Tin Company Limited는 13명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Manwen HeChina International Capital Corporation LimitedNing LiChina Stock Investment Research Co. Ltd. (DeepValue.online)Chong AoCitic Securities Co., Ltd.10명의 분석가 더 보기
Price Target Changed • Feb 01Price target increased by 15% to CN¥25.30Up from CN¥21.94, the current price target is an average from 2 analysts. New target price is 36% below last closing price of CN¥39.82. Stock is up 176% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥0.85 last year.
Price Target Changed • May 02Price target decreased by 9.5% to CN¥17.65Down from CN¥19.50, the current price target is an average from 2 analysts. New target price is 28% above last closing price of CN¥13.79. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥1.41 for next year compared to CN¥0.85 last year.
Price Target Changed • Aug 28Price target decreased by 7.7% to CN¥19.59Down from CN¥21.22, the current price target is an average from 4 analysts. New target price is 43% above last closing price of CN¥13.71. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of CN¥1.27 for next year compared to CN¥0.86 last year.
Major Estimate Revision • Apr 18Consensus revenue estimates fall by 18%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥50.6b to CN¥41.7b. EPS estimate fell from CN¥1.35 to CN¥1.28 per share. Net income forecast to grow 50% next year vs 34% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥17.96 to CN¥19.96. Share price rose 2.9% to CN¥17.50 over the past week.
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥34.18, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 117% over the past three years.
공고 • Jun 30Yunnan Tin Company Limited to Report First Half, 2026 Results on Aug 20, 2026Yunnan Tin Company Limited announced that they will report first half, 2026 results on Aug 20, 2026
New Risk • Jun 24New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CN¥35.44, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.10 per share.
Buy Or Sell Opportunity • May 27Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.1% to CN¥39.08. The fair value is estimated to be CN¥51.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 34%. Revenue is forecast to grow by 4.3% in 2 years. Earnings are forecast to grow by 62% in the next 2 years.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥41.31, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 204% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.71 per share.
Reported Earnings • Apr 28First quarter 2026 earnings released: EPS: CN¥0.52 (vs CN¥0.29 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.52 (up from CN¥0.29 in 1Q 2025). Revenue: CN¥15.6b (up 60% from 1Q 2025). Net income: CN¥867.6m (up 74% from 1Q 2025). Profit margin: 5.6% (up from 5.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% 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 34% per year whereas the company’s share price has increased by 31% per year.
Declared Dividend • Apr 26Final dividend of CN¥0.25 announcedShareholders will receive a dividend of CN¥0.25. Ex-date: 30th April 2026 Payment date: 30th April 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (89% cash payout ratio). The dividend has increased by an average of 35% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Board Change • Apr 24Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Director & GM Assistant Shi Yong Li was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥37.55, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 151% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥51.24 per share.
공고 • Mar 31Yunnan Tin Company Limited to Report Q1, 2026 Results on Apr 28, 2026Yunnan Tin Company Limited announced that they will report Q1, 2026 results on Apr 28, 2026
Reported Earnings • Mar 30Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2025 results: EPS: CN¥1.16 (up from CN¥0.85 in FY 2024). Revenue: CN¥43.5b (up 3.7% from FY 2024). Net income: CN¥1.97b (up 36% from FY 2024). Profit margin: 4.5% (up from 3.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to stay flat 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 27% per year whereas the company’s share price has increased by 30% per year.
공고 • Mar 29Yunnan Tin Company Limited, Annual General Meeting, Apr 20, 2026Yunnan Tin Company Limited, Annual General Meeting, Apr 20, 2026, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan China
Buy Or Sell Opportunity • Mar 03Now 22% undervaluedOver the last 90 days, the stock has risen 71% to CN¥43.92. The fair value is estimated to be CN¥56.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 6.4% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥44.36, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 202% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥56.50 per share.
New Risk • Feb 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Price Target Changed • Feb 01Price target increased by 15% to CN¥25.30Up from CN¥21.94, the current price target is an average from 2 analysts. New target price is 36% below last closing price of CN¥39.82. Stock is up 176% over the past year. The company is forecast to post earnings per share of CN¥1.44 for next year compared to CN¥0.85 last year.
Buy Or Sell Opportunity • Jan 27Now 21% undervaluedOver the last 90 days, the stock has risen 81% to CN¥44.38. The fair value is estimated to be CN¥56.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to decline by 5.3% in 2 years. Earnings are forecast to grow by 44% in the next 2 years.
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improves as stock rises 12%After last week's 12% share price gain to CN¥41.98, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 186% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥55.56 per share.
Declared Dividend • Jan 26Dividend of CN¥0.11 announcedShareholders will receive a dividend of CN¥0.11. Ex-date: 27th January 2026 Payment date: 27th January 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has increased by an average of 29% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공고 • Jan 20Yunnan Tin Company Limited Approves 2025 Third Quarter Cash Dividend on A Shares, Payable on 27 January 2026Yunnan Tin Company Limited announced 2025 third quarter profit distribution plan its 1st Extraordinary General Meeting of 2026 on 16 January 2026 approved: Cash dividend/10 shares (tax included): CNY 1.10000000 on A shares. Record date: 26 January 2026. Ex-date: 27 January 2026. Payment date: 27 January 2026.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥32.20, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥54.49 per share.
공고 • Dec 31Yunnan Tin Company Limited to Report Fiscal Year 2025 Results on Mar 30, 2026Yunnan Tin Company Limited announced that they will report fiscal year 2025 results on Mar 30, 2026
Reported Earnings • Oct 27Third quarter 2025 earnings released: EPS: CN¥0.41 (vs CN¥0.28 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.41 (up from CN¥0.28 in 3Q 2024). Revenue: CN¥13.3b (up 28% from 3Q 2024). Net income: CN¥683.4m (up 41% from 3Q 2024). Profit margin: 5.1% (up from 4.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 15New 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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change).
공고 • Sep 30Yunnan Tin Company Limited to Report Q3, 2025 Results on Oct 27, 2025Yunnan Tin Company Limited announced that they will report Q3, 2025 results on Oct 27, 2025
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥23.14, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 96% over the past three years.
Reported Earnings • Aug 26Second quarter 2025 earnings released: EPS: CN¥0.33 (vs CN¥0.28 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.33 (up from CN¥0.28 in 2Q 2024). Revenue: CN¥11.4b (up 9.5% from 2Q 2024). Net income: CN¥562.4m (up 19% from 2Q 2024). Profit margin: 4.9% (up from 4.6% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥18.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 30% over the past three years.
공고 • Jul 02Yunnan Tin Company Limited to Report First Half, 2025 Results on Aug 25, 2025Yunnan Tin Company Limited announced that they will report first half, 2025 results on Aug 25, 2025
공고 • Jun 13Yunnan Tin Company Limited (SZSE:000960) announces an Equity Buyback for CNY 200 million worth of its shares.Yunnan Tin Company Limited (SZSE:000960) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 21.19 per share. The program will be financed via own funds or self raised funds. The purpose of the program is to reduce registered capital. The repurchased shares will be cancelled. The buyback is subject to shareholders approval. The program will be valid for 12 months from the date of shareholders approval.
Declared Dividend • May 05Dividend of CN¥0.19 announcedShareholders will receive a dividend of CN¥0.19. Ex-date: 12th May 2025 Payment date: 12th May 2025 Dividend yield will be 2.1%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 51% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Price Target Changed • May 02Price target decreased by 9.5% to CN¥17.65Down from CN¥19.50, the current price target is an average from 2 analysts. New target price is 28% above last closing price of CN¥13.79. Stock is down 16% over the past year. The company is forecast to post earnings per share of CN¥1.41 for next year compared to CN¥0.85 last year.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥13.38, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 36% over the past three years.
공고 • Apr 04Yunnan Tin Company Limited Proposes Final Cash Distribution for 2024Yunnan Tin Company Limited announced on 03 April 2025 the final profit distribution proposal for 2024 as follows: Cash dividend/10 shares (tax included): CNY1.90000000.
Reported Earnings • Apr 03Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.85. Revenue: CN¥42.0b (flat on FY 2023). Net income: CN¥1.44b (up 2.5% from FY 2023). Profit margin: 3.4% (up from 3.3% in FY 2023). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China.
공고 • Apr 03Yunnan Tin Company Limited, Annual General Meeting, Apr 25, 2025Yunnan Tin Company Limited, Annual General Meeting, Apr 25, 2025, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan China
공고 • Mar 31Yunnan Tin Company Limited to Report Q1, 2025 Results on Apr 28, 2025Yunnan Tin Company Limited announced that they will report Q1, 2025 results on Apr 28, 2025
공고 • Jan 18Yunnan Tin Company Limited Approves Interim Profit Distribution Plan for Third Quarter 2024, Payable on 23 January 2025Yunnan Tin Company Limited at its 1st Extraordinary General Meeting of 2025 on 15 January 2025, during which the following proposal(s) was/were approved: 2024 interim profit distribution plan. The detailed profit distribution plan is as follows: Cash dividend/10 shares (tax included): CNY 1.00000000. 2024 third quarter profit distribution plan to be implemented (A shares): Record date: 22 January 2025; Ex-date: 23 January 2025; Payment date: 23 January 2025.
공고 • Jan 02Yunnan Tin Company Limited Proposes Profit Distribution for the Third Quarter of 2024On December 31, 2024, Yunnan Tin Company Limited proposed profit distribution for the third quarter of 2024 as follows: Cash dividend/10 shares (tax included) of CNY 1.00000000.
공고 • Dec 31Yunnan Tin Company Limited to Report Fiscal Year 2024 Results on Apr 03, 2025Yunnan Tin Company Limited announced that they will report fiscal year 2024 results on Apr 03, 2025
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.25 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.25 in 3Q 2023). Revenue: CN¥10.4b (down 3.6% from 3Q 2023). Net income: CN¥483.6m (up 19% from 3Q 2023). Profit margin: 4.6% (up from 3.8% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공고 • Sep 30Yunnan Tin Company Limited to Report Q3, 2024 Results on Oct 26, 2024Yunnan Tin Company Limited announced that they will report Q3, 2024 results on Oct 26, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥16.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 11% over the past three years.
Price Target Changed • Aug 28Price target decreased by 7.7% to CN¥19.59Down from CN¥21.22, the current price target is an average from 4 analysts. New target price is 43% above last closing price of CN¥13.71. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of CN¥1.27 for next year compared to CN¥0.86 last year.
Reported Earnings • Aug 24Second quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.26 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.28 (up from CN¥0.26 in 2Q 2023). Revenue: CN¥10.4b (down 11% from 2Q 2023). Net income: CN¥473.6m (up 13% from 2Q 2023). Profit margin: 4.6% (up from 3.6% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥13.65, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥24.55 per share.
Declared Dividend • May 17Dividend increased to CN¥0.26Dividend of CN¥0.26 is 117% higher than last year. Ex-date: 22nd May 2024 Payment date: 22nd May 2024 Dividend yield will be 1.5%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 79% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • May 16Yunnan Tin Company Limited Announces Cash Dividend for A Shares of 2023, Payable on 22 May 2024Yunnan Tin Company Limited announced cash dividend/10 shares (tax included) of CNY 2.60000000 for A shares of 2023. Record date is 21 May 2024. Ex-date is 22 May 2024. Payment date is 22 May 2024.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: CN¥0.20 (vs CN¥0.16 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.20 (up from CN¥0.16 in 1Q 2023). Revenue: CN¥8.40b (down 25% from 1Q 2023). Net income: CN¥326.3m (up 22% from 1Q 2023). Profit margin: 3.9% (up from 2.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Major Estimate Revision • Apr 18Consensus revenue estimates fall by 18%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥50.6b to CN¥41.7b. EPS estimate fell from CN¥1.35 to CN¥1.28 per share. Net income forecast to grow 50% next year vs 34% growth forecast for Metals and Mining industry in China. Consensus price target up from CN¥17.96 to CN¥19.96. Share price rose 2.9% to CN¥17.50 over the past week.
Reported Earnings • Apr 14Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.86 (up from CN¥0.82 in FY 2022). Revenue: CN¥42.4b (down 19% from FY 2022). Net income: CN¥1.41b (up 4.6% from FY 2022). Profit margin: 3.3% (up from 2.6% in FY 2022). The increase in margin was driven by lower expenses. Production and reserves: Zinc Production: 0.258 Mt (0.242 Mt in FY 2022) Copper Production: 30,625 t (31,637 t in FY 2022) Number of mines: 1 (1 in FY 2022) Silver Production: 5,337 troy koz Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 18%. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공고 • Apr 13+ 1 more updateYunnan Tin Company Limited, Annual General Meeting, May 10, 2024Yunnan Tin Company Limited, Annual General Meeting, May 10, 2024, at 15:00 China Standard Time. Location: 5F, Office Building, No. 471, Minhang Road, Kunming, Yunnan China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2024 operation budget plan; to consider 2023 profit distribution plan; to consider 2024 investment plan; and to consider 2023 annual report and its summary.
공고 • Mar 30Yunnan Tin Company Limited to Report Q1, 2024 Results on Apr 26, 2024Yunnan Tin Company Limited announced that they will report Q1, 2024 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥11.02, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 6.5% over the past three years.
공고 • Dec 30Yunnan Tin Company Limited to Report Fiscal Year 2023 Results on Apr 12, 2024Yunnan Tin Company Limited announced that they will report fiscal year 2023 results on Apr 12, 2024
New Risk • Nov 04New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin).
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.11 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.25 (up from CN¥0.11 loss in 3Q 2022). Revenue: CN¥10.8b (down 4.4% from 3Q 2022). Net income: CN¥407.9m (up CN¥582.8m from 3Q 2022). Profit margin: 3.8% (up from net loss in 3Q 2022). Revenue is forecast to grow 6.5% 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 remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
공고 • Sep 30Yunnan Tin Company Limited to Report Q3, 2023 Results on Oct 27, 2023Yunnan Tin Company Limited announced that they will report Q3, 2023 results on Oct 27, 2023
Reported Earnings • Aug 24Second quarter 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.19 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.26 (up from CN¥0.19 in 2Q 2022). Revenue: CN¥11.7b (down 26% from 2Q 2022). Net income: CN¥420.2m (up 36% from 2Q 2022). Profit margin: 3.6% (up from 2.0% in 2Q 2022). Revenue is forecast to grow 6.7% 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 14% per year whereas the company’s share price has increased by 15% per year.
공고 • May 09Yunnan Tin Company Limited Announces Final Dividend Implementation for A Shares for the Year 2022, Payable on 15 May 2023Yunnan Tin Company Limited announced 2022 final profit distribution plan to be implemented (A shares): cash dividend of CNY 1.20000000 per ten shares (tax included). Record date: 12 May 2023. Ex-date: 15 May 2023. Payment date: 15 May 2023.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥16.85, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 101% over the past three years.
공고 • Feb 07Yunnan Tin Company Limited Elects Chen Xiongjun and Li Dening as Non-Independent Directors; and Wang Daobin and Yu Dingming as Independent DirectorsYunnan Tin Company Limited elected Chen Xiongjun and Li Dening as non-independent directors; and Wang Daobin and Yu Dingming as independent directors at the Extraordinary General Meeting held on February 3, 2023.
Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 28Third quarter 2022 earnings released: CN¥0.11 loss per share (vs CN¥0.51 profit in 3Q 2021)Third quarter 2022 results: CN¥0.11 loss per share (down from CN¥0.51 profit in 3Q 2021). Revenue: CN¥11.3b (down 18% from 3Q 2021). Net loss: CN¥175.0m (down 121% from profit in 3Q 2021). Revenue is forecast to grow 4.7% 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 61% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 22Second quarter 2022 earnings released: EPS: CN¥0.19 (vs CN¥0.38 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.19 (down from CN¥0.38 in 2Q 2021). Revenue: CN¥15.8b (up 1.6% from 2Q 2021). Net income: CN¥309.6m (down 51% from 2Q 2021). Profit margin: 2.0% (down from 4.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.2%, 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 15% per year, which means it is significantly lagging earnings growth.
공고 • Aug 02Yunnan Tin Company Limited (SZSE:000960) wins the bid to acquire 8.37% stake in Yunnan Hualian Zinc and Indium Co., Ltd. for CNY approximately CNY 980 million.Yunnan Tin Company Limited (SZSE:000960) wins the bid to acquire 8.37% stake in Yunnan Hualian Zinc and Indium Co., Ltd. for approximately CNY 980 million on August 1, 2022.
Board Change • Aug 01High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Jul 02High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. Non-Independent Director Ji Li was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공고 • Jun 08Yunnan Tin Company Limited Approves Board AppointmentsYunnan Tin Company Limited approved the appointments of Liu Luke, Wu Jun and Li Ji as non-independent directors, at its 2nd Extraordinary General Meeting of 2022 held on 06 June 2022.
공고 • May 12Yunnan Tin Company Limited Approves Final Cash Dividend for the Year 2021, Payable 17 May 2022Yunnan Tin Company Limited announced that at its AGM held on May 06, 2022, shareholders approved the final cash dividend of CNY 1.10 per 10 A shares (tax included) for the year 2021. Record date is 16 May 2022. Ex-date is 17 May 2022. Payment date is 17 May 2022.
Reported Earnings • Apr 28First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: CN¥0.74 (up from CN¥0.20 in 1Q 2021). Revenue: CN¥15.0b (up 8.1% from 1Q 2021). Net income: CN¥1.21b (up 268% from 1Q 2021). Profit margin: 8.0% (up from 2.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 8.9%, compared to a 34% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Vice Chairman Ruihan Cheng was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥18.70, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥13.31 per share.
Reported Earnings • Apr 17Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: CN¥1.71 (up from CN¥0.42 in FY 2020). Revenue: CN¥53.8b (up 20% from FY 2020). Net income: CN¥2.82b (up 308% from FY 2020). Profit margin: 5.2% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Zinc Production: 0.348 Mt (0.22 Mt in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Copper Production: 35,500 t (38,330 t in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Silver Production: 6,333.7 troy koz (4,597.6 troy koz in FY 2020) Proved and probable reserves (ore): 269 Mt (265 Mt in FY 2020) Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 8.9%, compared to a 38% growth forecast for the mining industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
공고 • Apr 16+ 1 more updateYunnan Tin Company Limited Announces Profit Distribution Proposal for 2021Yunnan Tin Company Limited announced on 15 April 2022 Cash dividend/10 shares (tax included) of CNY 1.10000000 for 2021.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to CN¥19.71, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 16x in the Metals and Mining industry in China. Total returns to shareholders of 62% over the past three years.
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥23.37, 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 114% over the past three years.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to CN¥16.44, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 64% over the past three years.
Reported Earnings • Oct 22Third quarter 2021 earnings released: EPS CN¥0.51 (vs CN¥0.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥13.8b (up 4.3% from 3Q 2020). Net income: CN¥835.8m (up 228% from 3Q 2020). Profit margin: 6.1% (up from 1.9% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 25% per year.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to CN¥18.74, 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 78% over the past three years.
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment improved over the past weekAfter last week's 33% share price gain to CN¥21.71, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 110% over the past three years.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS CN¥0.38 (vs CN¥0.094 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥15.5b (up 18% from 2Q 2020). Net income: CN¥630.9m (up 309% from 2Q 2020). Profit margin: 4.1% (up from 1.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 12Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥19.08, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 84% over the past three years.