Board Change • May 20
Less than half of directors are independent There are 5 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: 3 independent directors. 6 non-independent directors. Independent Director Yongbin Liu was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. 공시 • Apr 15
Inner Mongolia ERDOS Resources Co.,Ltd., Annual General Meeting, May 18, 2026 Inner Mongolia ERDOS Resources Co.,Ltd., Annual General Meeting, May 18, 2026, at 15:00 China Standard Time. Location: 8F, Administrative Center, Cashmere Industrial Park, Hantai Town, Dongsheng District, Ordos, Inner Mongolia China 공시 • Mar 30
Inner Mongolia ERDOS Resources Co.,Ltd. to Report Q1, 2026 Results on Apr 30, 2026 Inner Mongolia ERDOS Resources Co.,Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026 공시 • Dec 26
Inner Mongolia ERDOS Resources Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 15, 2026 Inner Mongolia ERDOS Resources Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 15, 2026 공시 • Sep 30
Inner Mongolia ERDOS Resources Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Inner Mongolia ERDOS Resources Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 공시 • Jun 30
Inner Mongolia ERDOS Resources Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Inner Mongolia ERDOS Resources Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 공시 • Apr 15
Inner Mongolia ERDOS Resources Co.,Ltd., Annual General Meeting, May 08, 2025 Inner Mongolia ERDOS Resources Co.,Ltd., Annual General Meeting, May 08, 2025, at 15:00 China Standard Time. Location: 8F, Executive Center, Hantai Industrial Park, Dongsheng District, Ordos, Inner Mongolia China 공시 • Mar 28
Inner Mongolia ERDOS Resources Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Inner Mongolia ERDOS Resources Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 공시 • Dec 27
Inner Mongolia ERDOS Resources Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025 Inner Mongolia ERDOS Resources Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.30 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.25 (down from CN¥0.30 in 3Q 2023). Revenue: CN¥6.76b (down 4.2% from 3Q 2023). Net income: CN¥714.1m (down 15% from 3Q 2023). Profit margin: 11% (down from 12% in 3Q 2023). Revenue is forecast to grow 1.7% 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 38% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. 공시 • Sep 30
Inner Mongolia ERDOS Resources Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Inner Mongolia ERDOS Resources Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥9.68, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 34% over the past three years. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.24 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.24. Revenue: CN¥6.71b (down 9.9% from 2Q 2023). Net income: CN¥660.4m (down 3.1% from 2Q 2023). Profit margin: 9.8% (in line with 2Q 2023). 공시 • Jun 28
Inner Mongolia ERDOS Resources Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Inner Mongolia ERDOS Resources Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Declared Dividend • Jun 22
Dividend of CN¥0.80 announced Shareholders will receive a dividend of CN¥0.80. Ex-date: 26th June 2024 Payment date: 26th June 2024 Dividend yield will be 7.3%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio). However, it is well covered by cash flows (42% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control, which is similar to the EPS growth achieved over the last 5 years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥10.94, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 27x in the Metals and Mining industry in China. Total returns to shareholders of 21% over the past three years. Buy Or Sell Opportunity • Jun 01
Now 27% undervalued Over the last 90 days, the stock has risen 13% to CN¥12.03. The fair value is estimated to be CN¥16.39, 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 declined by 10%. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.36 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.12 (down from CN¥0.36 in 1Q 2023). Revenue: CN¥6.70b (down 11% from 1Q 2023). Net income: CN¥346.6m (down 66% from 1Q 2023). Profit margin: 5.2% (down from 13% in 1Q 2023). The decrease in margin was driven by lower revenue. 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. Reported Earnings • Apr 17
Full year 2023 earnings released: EPS: CN¥1.04 (vs CN¥1.69 in FY 2022) Full year 2023 results: EPS: CN¥1.04 (down from CN¥1.69 in FY 2022). Revenue: CN¥30.6b (down 16% from FY 2022). Net income: CN¥2.90b (down 39% from FY 2022). Profit margin: 9.5% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. 공시 • Apr 16
Inner Mongolia ERDOS Resources Co.,Ltd., Annual General Meeting, May 09, 2024 Inner Mongolia ERDOS Resources Co.,Ltd., Annual General Meeting, May 09, 2024, at 14:30 China Standard Time. Location: 8F, Administration Center, Hantai Industrial Park, Dongsheng District, Ordos, Inner Mongolia China 공시 • Mar 29
Inner Mongolia ERDOS Resources Co.,Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Inner Mongolia ERDOS Resources Co.,Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 공시 • Dec 29
Inner Mongolia ERDOS Resources Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024 Inner Mongolia ERDOS Resources Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024