View Financial HealthNorth Copper 배당 및 자사주 매입배당 기준 점검 2/6North Copper 수익으로 충분히 충당되는 현재 수익률 0.98% 보유한 배당금 지급 회사입니다.핵심 정보1.0%배당 수익률-3.5%자사주 매입 수익률총 주주 수익률-2.5%미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향26%최근 배당 및 자사주 매입 업데이트공시 • May 18North Copper Co., Ltd. Approves Cash Dividend for 2024North Copper Co., Ltd. at its Annual General Meeting held on 15 May 2025, approved cash dividend of CNY 1.10000000 per 10 shares (tax included) for 2024.공시 • Apr 27North Copper Co., Ltd. Proposes Final Cash Dividend for the Year 2023North Copper Co., Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 1.00000000 for the year 2023.모든 업데이트 보기Recent updates공시 • Apr 25North Copper Co., Ltd., Annual General Meeting, May 27, 2026North Copper Co., Ltd., Annual General Meeting, May 27, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yuanqu County, Shanxi China공시 • Mar 31North Copper Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026North Copper Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026공시 • Dec 31North Copper Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026North Copper Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026공시 • Sep 30North Copper Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025North Copper Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025공시 • Jul 02North Copper Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025North Copper Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025공시 • May 18North Copper Co., Ltd. Approves Cash Dividend for 2024North Copper Co., Ltd. at its Annual General Meeting held on 15 May 2025, approved cash dividend of CNY 1.10000000 per 10 shares (tax included) for 2024.공시 • Apr 25North Copper Co., Ltd., Annual General Meeting, May 15, 2025North Copper Co., Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yuanqu County, Shanxi China공시 • Mar 31North Copper Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025North Copper Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025공시 • Jan 25North Copper Co., Ltd. Announces Directors AppointmentsNorth Copper Co., Ltd. held its 1st Extraordinary General Meeting of 2025 on 23 January 2025, were approved; Lv Renjie as non-independent director, Wang Xiaoliang, independent director and Wang Xiaozheng, non-employee supervisor.공시 • Dec 31North Copper Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025North Copper Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.049 (vs CN¥0.11 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.049 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥5.75b (up 136% from 3Q 2023). Net income: CN¥86.5m (down 57% from 3Q 2023). Profit margin: 1.5% (down from 8.3% in 3Q 2023). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥10.42, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 24x in the Metals and Mining industry in China. Total returns to shareholders of 90% over the past year.공시 • Sep 30North Copper Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024North Copper Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.065 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.065 in 2Q 2023). Revenue: CN¥6.91b (up 255% from 2Q 2023). Net income: CN¥224.5m (up 96% from 2Q 2023). Profit margin: 3.2% (down from 5.9% in 2Q 2023). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥10.57, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 87% over the past year.공시 • Jun 29North Copper Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024North Copper Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥10.22, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 85% over the past year.Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.60, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 102% over the past year.New Risk • May 08New 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 12% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.공시 • Apr 28North Copper Co., Ltd., Annual General Meeting, May 22, 2024North Copper Co., Ltd., Annual General Meeting, May 22, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yuanqu County, Shanxi China Agenda: To approve 2023 work report of the board of directors; to approve 2023 work report of the supervisory committee; to approve 2023 annual report and its summary; to approve 2023 annual accounts report; to approve 2024 financial budget report; to approve 2023 profit distribution plan; and to launch monetary financial derivative hedging business.공시 • Apr 27North Copper Co., Ltd. Proposes Final Cash Dividend for the Year 2023North Copper Co., Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 1.00000000 for the year 2023.New Risk • Apr 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (39% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).Reported Earnings • Apr 26Full year 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.34 in FY 2022)Full year 2023 results: EPS: CN¥0.35 (up from CN¥0.34 in FY 2022). Revenue: CN¥9.32b (down 13% from FY 2022). Net income: CN¥618.8m (up 1.4% from FY 2022). Profit margin: 6.6% (up from 5.7% in FY 2022). The increase in margin was driven by lower expenses.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CN¥9.02, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total returns to shareholders of 36% over the past year.New Risk • Apr 02New 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 10% 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 (12% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥8.92, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 40% over the past year.공시 • Mar 30North Copper Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024North Copper Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥6.81, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 11% over the past year.Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥4.61, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 25x in the Metals and Mining industry in China. Total loss to shareholders of 26% over the past year.공시 • Dec 29North Copper Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024North Copper Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024Board Change • Nov 29Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Shareholder Supervisor Weigang Jia is the most experienced director on the board, commencing their role in 2019. Independent Director Yingkui Li was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.New Risk • Nov 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.032 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.032 in 3Q 2022). Revenue: CN¥2.44b (up 4.7% from 3Q 2022). Net income: CN¥201.6m (up 258% from 3Q 2022). Profit margin: 8.3% (up from 2.4% in 3Q 2022). The increase in margin was primarily driven by higher revenue.Reported Earnings • Aug 06First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.15 in 1Q 2022). Revenue: CN¥2.59b (down 18% from 1Q 2022). Net income: CN¥203.6m (down 24% from 1Q 2022). Profit margin: 7.9% (down from 8.5% in 1Q 2022). The decrease in margin was driven by lower revenue.Reported Earnings • Apr 12Full year 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.49 in FY 2021)Full year 2022 results: EPS: CN¥0.34 (down from CN¥0.49 in FY 2021). Revenue: CN¥10.7b (up 7.2% from FY 2021). Net income: CN¥610.0m (down 27% from FY 2021). Profit margin: 5.7% (down from 8.4% in FY 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥5.57, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 28x in the Chemicals industry in China.Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.032 (vs CN¥0.015 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.032 (up from CN¥0.015 loss in 3Q 2021). Revenue: CN¥2.33b (up CN¥2.09b from 3Q 2021). Net income: CN¥56.3m (up CN¥64.1m from 3Q 2021). Profit margin: 2.4% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue.Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.011 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.011 in 2Q 2021). Revenue: CN¥2.63b (up CN¥2.35b from 2Q 2021). Net income: CN¥255.0m (up CN¥249.3m from 2Q 2021). Profit margin: 9.7% (up from 2.1% in 2Q 2021). The increase in margin was driven by higher revenue.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 배당금 지급이 안정적인 반면, 000737 은(는) 배당금을 지급한 지 10년도 채 되지 않았습니다.배당금 증가: 000737 의 배당금 지급이 증가했지만 회사는 2 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장North Copper 배당 수익률 vs 시장000737의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (000737)1.0%시장 하위 25% (CN)0.4%시장 상위 25% (CN)1.9%업계 평균 (Metals and Mining)1.4%분석가 예측 (000737) (최대 3년)n/a주목할만한 배당금: 000737 의 배당금( 0.98% )은 CN 시장에서 배당금 지급자의 하위 25%( 0.36% )보다 높습니다.고배당: 000737 의 배당금( 0.98% )은 CN 시장에서 배당금 지급자의 상위 25%( 1.94% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 25.8% )로 000737 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 000737 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YCN 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 20:45종가2026/05/25 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 소스North Copper Co., Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • May 18North Copper Co., Ltd. Approves Cash Dividend for 2024North Copper Co., Ltd. at its Annual General Meeting held on 15 May 2025, approved cash dividend of CNY 1.10000000 per 10 shares (tax included) for 2024.
공시 • Apr 27North Copper Co., Ltd. Proposes Final Cash Dividend for the Year 2023North Copper Co., Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 1.00000000 for the year 2023.
공시 • Apr 25North Copper Co., Ltd., Annual General Meeting, May 27, 2026North Copper Co., Ltd., Annual General Meeting, May 27, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yuanqu County, Shanxi China
공시 • Mar 31North Copper Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026North Copper Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
공시 • Dec 31North Copper Co., Ltd. to Report Fiscal Year 2025 Results on Apr 25, 2026North Copper Co., Ltd. announced that they will report fiscal year 2025 results on Apr 25, 2026
공시 • Sep 30North Copper Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025North Copper Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025
공시 • Jul 02North Copper Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025North Copper Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
공시 • May 18North Copper Co., Ltd. Approves Cash Dividend for 2024North Copper Co., Ltd. at its Annual General Meeting held on 15 May 2025, approved cash dividend of CNY 1.10000000 per 10 shares (tax included) for 2024.
공시 • Apr 25North Copper Co., Ltd., Annual General Meeting, May 15, 2025North Copper Co., Ltd., Annual General Meeting, May 15, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yuanqu County, Shanxi China
공시 • Mar 31North Copper Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025North Copper Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
공시 • Jan 25North Copper Co., Ltd. Announces Directors AppointmentsNorth Copper Co., Ltd. held its 1st Extraordinary General Meeting of 2025 on 23 January 2025, were approved; Lv Renjie as non-independent director, Wang Xiaoliang, independent director and Wang Xiaozheng, non-employee supervisor.
공시 • Dec 31North Copper Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2025North Copper Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2025
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.049 (vs CN¥0.11 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.049 (down from CN¥0.11 in 3Q 2023). Revenue: CN¥5.75b (up 136% from 3Q 2023). Net income: CN¥86.5m (down 57% from 3Q 2023). Profit margin: 1.5% (down from 8.3% in 3Q 2023). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CN¥10.42, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 24x in the Metals and Mining industry in China. Total returns to shareholders of 90% over the past year.
공시 • Sep 30North Copper Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024North Copper Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.065 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.065 in 2Q 2023). Revenue: CN¥6.91b (up 255% from 2Q 2023). Net income: CN¥224.5m (up 96% from 2Q 2023). Profit margin: 3.2% (down from 5.9% in 2Q 2023). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥10.57, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 26x in the Metals and Mining industry in China. Total returns to shareholders of 87% over the past year.
공시 • Jun 29North Copper Co., Ltd. to Report First Half, 2024 Results on Aug 29, 2024North Copper Co., Ltd. announced that they will report first half, 2024 results on Aug 29, 2024
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥10.22, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 85% over the past year.
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥11.60, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 102% over the past year.
New Risk • May 08New 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 12% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (35% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
공시 • Apr 28North Copper Co., Ltd., Annual General Meeting, May 22, 2024North Copper Co., Ltd., Annual General Meeting, May 22, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Yuanqu County, Shanxi China Agenda: To approve 2023 work report of the board of directors; to approve 2023 work report of the supervisory committee; to approve 2023 annual report and its summary; to approve 2023 annual accounts report; to approve 2024 financial budget report; to approve 2023 profit distribution plan; and to launch monetary financial derivative hedging business.
공시 • Apr 27North Copper Co., Ltd. Proposes Final Cash Dividend for the Year 2023North Copper Co., Ltd. proposed final cash dividend per 10 shares (tax included) of CNY 1.00000000 for the year 2023.
New Risk • Apr 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (39% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).
Reported Earnings • Apr 26Full year 2023 earnings released: EPS: CN¥0.35 (vs CN¥0.34 in FY 2022)Full year 2023 results: EPS: CN¥0.35 (up from CN¥0.34 in FY 2022). Revenue: CN¥9.32b (down 13% from FY 2022). Net income: CN¥618.8m (up 1.4% from FY 2022). Profit margin: 6.6% (up from 5.7% in FY 2022). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CN¥9.02, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total returns to shareholders of 36% over the past year.
New Risk • Apr 02New 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 10% 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 (12% operating cash flow to total debt). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥8.92, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 40% over the past year.
공시 • Mar 30North Copper Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024North Copper Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥6.81, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 11% over the past year.
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to CN¥4.61, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 25x in the Metals and Mining industry in China. Total loss to shareholders of 26% over the past year.
공시 • Dec 29North Copper Co., Ltd. to Report Fiscal Year 2023 Results on Apr 26, 2024North Copper Co., Ltd. announced that they will report fiscal year 2023 results on Apr 26, 2024
Board Change • Nov 29Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Shareholder Supervisor Weigang Jia is the most experienced director on the board, commencing their role in 2019. Independent Director Yingkui Li was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
New Risk • Nov 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.11 (vs CN¥0.032 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.11 (up from CN¥0.032 in 3Q 2022). Revenue: CN¥2.44b (up 4.7% from 3Q 2022). Net income: CN¥201.6m (up 258% from 3Q 2022). Profit margin: 8.3% (up from 2.4% in 3Q 2022). The increase in margin was primarily driven by higher revenue.
Reported Earnings • Aug 06First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.15 in 1Q 2022)First quarter 2023 results: EPS: CN¥0.12 (down from CN¥0.15 in 1Q 2022). Revenue: CN¥2.59b (down 18% from 1Q 2022). Net income: CN¥203.6m (down 24% from 1Q 2022). Profit margin: 7.9% (down from 8.5% in 1Q 2022). The decrease in margin was driven by lower revenue.
Reported Earnings • Apr 12Full year 2022 earnings released: EPS: CN¥0.34 (vs CN¥0.49 in FY 2021)Full year 2022 results: EPS: CN¥0.34 (down from CN¥0.49 in FY 2021). Revenue: CN¥10.7b (up 7.2% from FY 2021). Net income: CN¥610.0m (down 27% from FY 2021). Profit margin: 5.7% (down from 8.4% in FY 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to CN¥5.57, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 28x in the Chemicals industry in China.
Reported Earnings • Oct 29Third quarter 2022 earnings released: EPS: CN¥0.032 (vs CN¥0.015 loss in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.032 (up from CN¥0.015 loss in 3Q 2021). Revenue: CN¥2.33b (up CN¥2.09b from 3Q 2021). Net income: CN¥56.3m (up CN¥64.1m from 3Q 2021). Profit margin: 2.4% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue.
Reported Earnings • Aug 27Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.011 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.011 in 2Q 2021). Revenue: CN¥2.63b (up CN¥2.35b from 2Q 2021). Net income: CN¥255.0m (up CN¥249.3m from 2Q 2021). Profit margin: 9.7% (up from 2.1% in 2Q 2021). The increase in margin was driven by higher revenue.