Dazhong Mining (001203) 주식 개요다중광업유한공사는 철광석 채굴 및 드레싱 사업을 하고 있습니다. 자세히 보기001203 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장5/6과거 실적1/6재무 건전성2/6배당2/6강점수익은 매년 36.54% 증가할 것으로 예상됩니다.위험 분석부채는 operating cash flow로 충분히 감당되지 않습니다.지난 3개월 동안 주가 변동성이 CN 시장과 비교해 높았습니다.0.5% 의 배당금은 잉여현금흐름으로 잘 충당되지 않습니다.모든 위험 점검 보기001203 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCN¥Current PriceCN¥39.9836.5% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture011b2016201920222025202620282031Revenue CN¥11.0bEarnings CN¥1.9bAdvancedSet Fair ValueView all narrativesDazhong Mining Co., Ltd. 경쟁사Citic Pacific Special Steel GroupSymbol: SZSE:000708Market cap: CN¥71.9bQingdao East Steel Tower StockLtdSymbol: SZSE:002545Market cap: CN¥28.8bBeijing ShougangSymbol: SZSE:000959Market cap: CN¥28.4bBaoshan Iron & SteelSymbol: SHSE:600019Market cap: CN¥126.1b가격 이력 및 성과Dazhong Mining 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CN¥39.9852주 최고가CN¥54.6552주 최저가CN¥8.44베타1.031개월 변동-11.55%3개월 변동16.09%1년 변동372.02%3년 변동246.15%5년 변동61.73%IPO 이후 변동209.20%최근 뉴스 및 업데이트New Risk • Apr 25New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change).Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.10 (vs CN¥0.15 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.10 (down from CN¥0.15 in 1Q 2025). Revenue: CN¥813.6m (down 12% from 1Q 2025). Net income: CN¥157.6m (down 30% from 1Q 2025). Profit margin: 19% (down from 24% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings.공시 • Apr 24Dazhong Mining Co., Ltd., Annual General Meeting, May 14, 2026Dazhong Mining Co., Ltd., Annual General Meeting, May 14, 2026, at 14:30 China Standard Time. Location: No. 55, Huanghe Avenue, High-tech Zone, Baotou, Inner Mongolia China공시 • Mar 31Dazhong Mining Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Dazhong Mining Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥33.10, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 171% over the past three years.Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥33.15, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 166% over the past three years.더 많은 업데이트 보기Recent updatesNew Risk • Apr 25New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change).Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.10 (vs CN¥0.15 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.10 (down from CN¥0.15 in 1Q 2025). Revenue: CN¥813.6m (down 12% from 1Q 2025). Net income: CN¥157.6m (down 30% from 1Q 2025). Profit margin: 19% (down from 24% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings.공시 • Apr 24Dazhong Mining Co., Ltd., Annual General Meeting, May 14, 2026Dazhong Mining Co., Ltd., Annual General Meeting, May 14, 2026, at 14:30 China Standard Time. Location: No. 55, Huanghe Avenue, High-tech Zone, Baotou, Inner Mongolia China공시 • Mar 31Dazhong Mining Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Dazhong Mining Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥33.10, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 171% over the past three years.Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥33.15, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 166% over the past three years.공시 • Dec 31Dazhong Mining Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026Dazhong Mining Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥31.13, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 143% over the past three years.Valuation Update With 7 Day Price Move • Dec 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥25.38, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 71% over the past three years.New Risk • Nov 06New 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 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change).Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 33%After last week's 33% share price gain to CN¥19.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 48% over the past three years.Reported Earnings • Oct 25Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.13 in 3Q 2024). Revenue: CN¥1.05b (up 4.9% from 3Q 2024). Net income: CN¥188.3m (down 6.9% from 3Q 2024). Profit margin: 18% (down from 20% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% 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 12% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.공시 • Sep 30Dazhong Mining Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025Dazhong Mining Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025New Risk • Aug 21New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (18% net profit margin).Reported Earnings • Aug 21Second quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.15 in 2Q 2024). Revenue: CN¥1.05b (flat on 2Q 2024). Net income: CN¥180.8m (down 18% from 2Q 2024). Profit margin: 17% (down from 21% in 2Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥11.10, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 6.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.10 per share.공시 • Jul 02Dazhong Mining Co., Ltd. to Report First Half, 2025 Results on Aug 21, 2025Dazhong Mining Co., Ltd. announced that they will report first half, 2025 results on Aug 21, 2025공시 • May 13Dazhong Mining Co., Ltd. Approves Final Cash Dividend for the Year 2024Dazhong Mining Co., Ltd. at the AGM held on May 9, 2025 approved final Cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2024.Major Estimate Revision • Apr 26Consensus revenue estimates fall by 17%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.08b to CN¥4.20b. EPS estimate fell from CN¥0.77 to CN¥0.54 per share. Net income forecast to grow 23% next year vs 43% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥13.00 to CN¥11.00. Share price rose 4.1% to CN¥8.41 over the past week.New Risk • Apr 22New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 19% Last year net profit margin: 28% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (99% net debt to equity). Dividend is not well covered by cash flows (226% cash payout ratio). Profit margins are more than 30% lower than last year (19% net profit margin).Reported Earnings • Apr 22First quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.16 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.15 (down from CN¥0.16 in 1Q 2024). Revenue: CN¥925.3m (flat on 1Q 2024). Net income: CN¥224.8m (down 7.0% from 1Q 2024). Profit margin: 24% (down from 26% in 1Q 2024). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.공시 • Apr 22Dazhong Mining Co., Ltd. Proposes Final Cash Dividend for the Year 2024Dazhong Mining Co., Ltd. proposed final cash dividend of CNY 2.00000000 per 10 shares (tax included) for the year 2024.공시 • Apr 20Dazhong Mining Co., Ltd., Annual General Meeting, May 09, 2025Dazhong Mining Co., Ltd., Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: 19F, No. 55, Huanghe Street, High-tech Zone, Baotou, Inner Mongolia China공시 • Mar 31Dazhong Mining Co., Ltd. to Report Q1, 2025 Results on Apr 19, 2025Dazhong Mining Co., Ltd. announced that they will report Q1, 2025 results on Apr 19, 2025공시 • Dec 31Dazhong Mining Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025Dazhong Mining Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥10.36, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 28% over the past three years.Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.21 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.13 (down from CN¥0.21 in 3Q 2023). Revenue: CN¥1.00b (down 4.0% from 3Q 2023). Net income: CN¥202.3m (down 38% from 3Q 2023). Profit margin: 20% (down from 31% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 19% 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 21% per year whereas the company’s share price has fallen by 17% per year.공시 • Oct 24Dazhong Mining Co., Ltd. Announces Interim Profit Distribution Plan (A Shares) for 2024, Payable on 29 October 2024Dazhong Mining Co., Ltd. announced 2024 interim profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included): CNY 1.00000000. Record date: 28 October 2024; Ex-date: 29 October 2024; Payment date: 29 October 2024.공시 • Sep 30Dazhong Mining Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Dazhong Mining Co., Ltd. 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 26%After last week's 26% share price gain to CN¥9.27, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.12 per share.공시 • Sep 11Dazhong Mining Co., Ltd. Approves Interim Cash Dividend for the 2024Dazhong Mining Co., Ltd. at its EGM held on September 9, 2024 approved interim cash dividend of CNY 1.00000000 per 10 shares (tax included) for the 2024.Reported Earnings • Aug 26Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.21 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.21 in 2Q 2023). Revenue: CN¥1.05b (down 8.4% from 2Q 2023). Net income: CN¥220.9m (down 27% from 2Q 2023). Profit margin: 21% (down from 26% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% 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 21% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.Board Change • Jul 26High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Xiu Chen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Jun 29Inner Mongolia Dazhong Mining Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024Inner Mongolia Dazhong Mining Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024공시 • Mar 30Inner Mongolia Dazhong Mining Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024Inner Mongolia Dazhong Mining Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024공시 • Mar 19Inner Mongolia Dazhong Mining Co., Ltd., Annual General Meeting, Apr 08, 2024Inner Mongolia Dazhong Mining Co., Ltd., Annual General Meeting, Apr 08, 2024, at 14:30 China Standard Time. Location: 19F, No. 55, Huanghe Avenue, High-tech Zone, Baotou, Inner Mongolia ChinaReported Earnings • Mar 19Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: CN¥0.76 (up from CN¥0.65 in FY 2022). Revenue: CN¥4.00b (down 1.4% from FY 2022). Net income: CN¥1.14b (up 17% from FY 2022). Profit margin: 28% (up from 24% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 6.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.18, 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 37% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.83 per share.공시 • Dec 29Inner Mongolia Dazhong Mining Co., Ltd. to Report Fiscal Year 2023 Results on Mar 19, 2024Inner Mongolia Dazhong Mining Co., Ltd. announced that they will report fiscal year 2023 results on Mar 19, 2024New Risk • Oct 31New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (201% cash payout ratio).Reported Earnings • Oct 20Third quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.12 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.12 in 3Q 2022). Revenue: CN¥1.05b (up 5.1% from 3Q 2022). Net income: CN¥324.3m (up 81% from 3Q 2022). Profit margin: 31% (up from 18% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China.Board Change • Sep 22Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Lixiang Wang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Aug 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Aug 14Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.20 in 2Q 2022). Revenue: CN¥1.15b (down 16% from 2Q 2022). Net income: CN¥310.8m (up 1.5% from 2Q 2022). Profit margin: 27% (up from 22% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China.공시 • May 10Inner Mongolia Dazhong Mining Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on May 16, 2023Inner Mongolia Dazhong Mining Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 3.00000000 on A shares for the year 2022. Record date is May 15, 2023. Ex-date is May 16, 2023. Payment date is May 16, 2023.Reported Earnings • Apr 13First quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.30 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.30 in 1Q 2022). Revenue: CN¥640.5m (down 51% from 1Q 2022). Net income: CN¥193.7m (down 57% from 1Q 2022). Profit margin: 30% (down from 34% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥13.99, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total loss to shareholders of 3.6% over the past year.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.35 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.35 in 3Q 2021). Revenue: CN¥995.5m (down 35% from 3Q 2021). Net income: CN¥179.6m (down 66% from 3Q 2021). Profit margin: 18% (down from 35% in 3Q 2021). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥12.12, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total loss to shareholders of 29% over the past year.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Non Employee Supervisor Mingming Wang is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Sep 15High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Non Employee Supervisor Mingming Wang is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Sep 14High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Non Employee Supervisor Mingming Wang is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Sep 12High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Non Employee Supervisor Mingming Wang is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.주주 수익률001203CN Metals and MiningCN 시장7D-5.6%-8.0%-2.7%1Y372.0%64.8%31.5%전체 주주 수익률 보기수익률 대 산업: 001203은 지난 1년 동안 64.8%의 수익을 기록한 CN Metals and Mining 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 001203은 지난 1년 동안 31.5%를 기록한 CN 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is 001203's price volatile compared to industry and market?001203 volatility001203 Average Weekly Movement9.8%Metals and Mining Industry Average Movement7.4%Market Average Movement6.4%10% most volatile stocks in CN Market10.1%10% least volatile stocks in CN Market4.2%안정적인 주가: 001203의 주가는 지난 3개월 동안 CN 시장보다 변동성이 컸습니다.시간에 따른 변동성: 001203의 주간 변동성(10%)은 지난 1년 동안 안정적이었지만 CN 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트19994,225Pusheng Linwww.dzky.cn다중광업은 철광석 채굴 및 드레싱에 종사하는 회사입니다. 철광석 정광, 펠릿, 기계로 만든 모래 및 자갈을 제공합니다. 이 회사는 이전에 내몽고 다종광업주식회사로 알려졌으며 2024년 8월에 다종광업주식회사로 사명을 변경했습니다.더 보기Dazhong Mining Co., Ltd. 기초 지표 요약Dazhong Mining의 순이익과 매출은 시가총액과 어떻게 비교됩니까?001203 기초 통계시가총액CN¥60.80b순이익 (TTM)CN¥668.84m매출 (TTM)CN¥3.98b90.9x주가수익비율(P/E)15.3x주가매출비율(P/S)001203는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표001203 손익계산서 (TTM)매출CN¥3.98b매출원가CN¥2.15b총이익CN¥1.83b기타 비용CN¥1.16b순이익CN¥668.84m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.44총이익률46.04%순이익률16.81%부채/자본 비율105.0%001203의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당0.5%현재 배당 수익률45%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 21:39종가2026/05/22 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 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Dazhong Mining Co., Ltd.는 3명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Liangbi ZhaoChina Galaxy Securities Co., Ltd.Yufei LiuCitic Securities Co., Ltd.Kun ZhaiTopsperity Securities
New Risk • Apr 25New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change).
Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.10 (vs CN¥0.15 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.10 (down from CN¥0.15 in 1Q 2025). Revenue: CN¥813.6m (down 12% from 1Q 2025). Net income: CN¥157.6m (down 30% from 1Q 2025). Profit margin: 19% (down from 24% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings.
공시 • Apr 24Dazhong Mining Co., Ltd., Annual General Meeting, May 14, 2026Dazhong Mining Co., Ltd., Annual General Meeting, May 14, 2026, at 14:30 China Standard Time. Location: No. 55, Huanghe Avenue, High-tech Zone, Baotou, Inner Mongolia China
공시 • Mar 31Dazhong Mining Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Dazhong Mining Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥33.10, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 171% over the past three years.
Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥33.15, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 166% over the past three years.
New Risk • Apr 25New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.8% average weekly change).
Reported Earnings • Apr 24First quarter 2026 earnings released: EPS: CN¥0.10 (vs CN¥0.15 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.10 (down from CN¥0.15 in 1Q 2025). Revenue: CN¥813.6m (down 12% from 1Q 2025). Net income: CN¥157.6m (down 30% from 1Q 2025). Profit margin: 19% (down from 24% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings.
공시 • Apr 24Dazhong Mining Co., Ltd., Annual General Meeting, May 14, 2026Dazhong Mining Co., Ltd., Annual General Meeting, May 14, 2026, at 14:30 China Standard Time. Location: No. 55, Huanghe Avenue, High-tech Zone, Baotou, Inner Mongolia China
공시 • Mar 31Dazhong Mining Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026Dazhong Mining Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥33.10, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 171% over the past three years.
Valuation Update With 7 Day Price Move • Jan 23Investor sentiment improves as stock rises 22%After last week's 22% share price gain to CN¥33.15, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 25x in the Metals and Mining industry in China. Total returns to shareholders of 166% over the past three years.
공시 • Dec 31Dazhong Mining Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026Dazhong Mining Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 21%After last week's 21% share price gain to CN¥31.13, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 143% over the past three years.
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CN¥25.38, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 20x in the Metals and Mining industry in China. Total returns to shareholders of 71% over the past three years.
New Risk • Nov 06New 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 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change).
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 33%After last week's 33% share price gain to CN¥19.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 48% over the past three years.
Reported Earnings • Oct 25Third quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.13 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.13 in 3Q 2024). Revenue: CN¥1.05b (up 4.9% from 3Q 2024). Net income: CN¥188.3m (down 6.9% from 3Q 2024). Profit margin: 18% (down from 20% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% 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 12% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
공시 • Sep 30Dazhong Mining Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025Dazhong Mining Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025
New Risk • Aug 21New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (18% net profit margin).
Reported Earnings • Aug 21Second quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.12 (down from CN¥0.15 in 2Q 2024). Revenue: CN¥1.05b (flat on 2Q 2024). Net income: CN¥180.8m (down 18% from 2Q 2024). Profit margin: 17% (down from 21% in 2Q 2024). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥11.10, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 6.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.10 per share.
공시 • Jul 02Dazhong Mining Co., Ltd. to Report First Half, 2025 Results on Aug 21, 2025Dazhong Mining Co., Ltd. announced that they will report first half, 2025 results on Aug 21, 2025
공시 • May 13Dazhong Mining Co., Ltd. Approves Final Cash Dividend for the Year 2024Dazhong Mining Co., Ltd. at the AGM held on May 9, 2025 approved final Cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2024.
Major Estimate Revision • Apr 26Consensus revenue estimates fall by 17%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥5.08b to CN¥4.20b. EPS estimate fell from CN¥0.77 to CN¥0.54 per share. Net income forecast to grow 23% next year vs 43% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥13.00 to CN¥11.00. Share price rose 4.1% to CN¥8.41 over the past week.
New Risk • Apr 22New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 19% Last year net profit margin: 28% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (99% net debt to equity). Dividend is not well covered by cash flows (226% cash payout ratio). Profit margins are more than 30% lower than last year (19% net profit margin).
Reported Earnings • Apr 22First quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.16 in 1Q 2024)First quarter 2025 results: EPS: CN¥0.15 (down from CN¥0.16 in 1Q 2024). Revenue: CN¥925.3m (flat on 1Q 2024). Net income: CN¥224.8m (down 7.0% from 1Q 2024). Profit margin: 24% (down from 26% in 1Q 2024). Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
공시 • Apr 22Dazhong Mining Co., Ltd. Proposes Final Cash Dividend for the Year 2024Dazhong Mining Co., Ltd. proposed final cash dividend of CNY 2.00000000 per 10 shares (tax included) for the year 2024.
공시 • Apr 20Dazhong Mining Co., Ltd., Annual General Meeting, May 09, 2025Dazhong Mining Co., Ltd., Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: 19F, No. 55, Huanghe Street, High-tech Zone, Baotou, Inner Mongolia China
공시 • Mar 31Dazhong Mining Co., Ltd. to Report Q1, 2025 Results on Apr 19, 2025Dazhong Mining Co., Ltd. announced that they will report Q1, 2025 results on Apr 19, 2025
공시 • Dec 31Dazhong Mining Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025Dazhong Mining Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥10.36, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 28% over the past three years.
Reported Earnings • Oct 26Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.21 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.13 (down from CN¥0.21 in 3Q 2023). Revenue: CN¥1.00b (down 4.0% from 3Q 2023). Net income: CN¥202.3m (down 38% from 3Q 2023). Profit margin: 20% (down from 31% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 19% 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 21% per year whereas the company’s share price has fallen by 17% per year.
공시 • Oct 24Dazhong Mining Co., Ltd. Announces Interim Profit Distribution Plan (A Shares) for 2024, Payable on 29 October 2024Dazhong Mining Co., Ltd. announced 2024 interim profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included): CNY 1.00000000. Record date: 28 October 2024; Ex-date: 29 October 2024; Payment date: 29 October 2024.
공시 • Sep 30Dazhong Mining Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024Dazhong Mining Co., Ltd. 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 26%After last week's 26% share price gain to CN¥9.27, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.12 per share.
공시 • Sep 11Dazhong Mining Co., Ltd. Approves Interim Cash Dividend for the 2024Dazhong Mining Co., Ltd. at its EGM held on September 9, 2024 approved interim cash dividend of CNY 1.00000000 per 10 shares (tax included) for the 2024.
Reported Earnings • Aug 26Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.21 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.21 in 2Q 2023). Revenue: CN¥1.05b (down 8.4% from 2Q 2023). Net income: CN¥220.9m (down 27% from 2Q 2023). Profit margin: 21% (down from 26% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% 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 21% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
Board Change • Jul 26High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Xiu Chen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Jun 29Inner Mongolia Dazhong Mining Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024Inner Mongolia Dazhong Mining Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024
공시 • Mar 30Inner Mongolia Dazhong Mining Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024Inner Mongolia Dazhong Mining Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024
공시 • Mar 19Inner Mongolia Dazhong Mining Co., Ltd., Annual General Meeting, Apr 08, 2024Inner Mongolia Dazhong Mining Co., Ltd., Annual General Meeting, Apr 08, 2024, at 14:30 China Standard Time. Location: 19F, No. 55, Huanghe Avenue, High-tech Zone, Baotou, Inner Mongolia China
Reported Earnings • Mar 19Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: CN¥0.76 (up from CN¥0.65 in FY 2022). Revenue: CN¥4.00b (down 1.4% from FY 2022). Net income: CN¥1.14b (up 17% from FY 2022). Profit margin: 28% (up from 24% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 6.3%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥8.18, 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 37% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.83 per share.
공시 • Dec 29Inner Mongolia Dazhong Mining Co., Ltd. to Report Fiscal Year 2023 Results on Mar 19, 2024Inner Mongolia Dazhong Mining Co., Ltd. announced that they will report fiscal year 2023 results on Mar 19, 2024
New Risk • Oct 31New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (201% cash payout ratio).
Reported Earnings • Oct 20Third quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.12 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.12 in 3Q 2022). Revenue: CN¥1.05b (up 5.1% from 3Q 2022). Net income: CN¥324.3m (up 81% from 3Q 2022). Profit margin: 31% (up from 18% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China.
Board Change • Sep 22Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Lixiang Wang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Aug 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 14Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.20 in 2Q 2022). Revenue: CN¥1.15b (down 16% from 2Q 2022). Net income: CN¥310.8m (up 1.5% from 2Q 2022). Profit margin: 27% (up from 22% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China.
공시 • May 10Inner Mongolia Dazhong Mining Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on May 16, 2023Inner Mongolia Dazhong Mining Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 3.00000000 on A shares for the year 2022. Record date is May 15, 2023. Ex-date is May 16, 2023. Payment date is May 16, 2023.
Reported Earnings • Apr 13First quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.30 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.30 in 1Q 2022). Revenue: CN¥640.5m (down 51% from 1Q 2022). Net income: CN¥193.7m (down 57% from 1Q 2022). Profit margin: 30% (down from 34% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥13.99, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total loss to shareholders of 3.6% over the past year.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.35 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.35 in 3Q 2021). Revenue: CN¥995.5m (down 35% from 3Q 2021). Net income: CN¥179.6m (down 66% from 3Q 2021). Profit margin: 18% (down from 35% in 3Q 2021). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improved over the past weekAfter last week's 22% share price gain to CN¥12.12, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total loss to shareholders of 29% over the past year.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Non Employee Supervisor Mingming Wang is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Sep 15High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Non Employee Supervisor Mingming Wang is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Sep 14High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Non Employee Supervisor Mingming Wang is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Sep 12High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Non Employee Supervisor Mingming Wang is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
