View ValuationJiangxi Copper 향후 성장Future 기준 점검 2/6Jiangxi Copper (는) 각각 연간 13.3% 및 1.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 13.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.5% 로 예상됩니다.핵심 정보13.3%이익 성장률13.23%EPS 성장률Metals and Mining 이익 성장21.5%매출 성장률1.9%향후 자기자본이익률12.52%애널리스트 커버리지Good마지막 업데이트08 Jun 2026최근 향후 성장 업데이트Major Estimate Revision • Jun 09Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥655.3b to CN¥674.4b. EPS estimate increased from CN¥3.23 to CN¥3.64 per share. Net income forecast to grow 55% next year vs 57% growth forecast for Metals and Mining industry in Hong Kong. Consensus price target broadly unchanged at HK$50.43. Share price fell 13% to HK$33.30 over the past week.분석 기사 • Apr 30Jiangxi Copper Company Limited (HKG:358) Just Released Its First-Quarter Earnings: Here's What Analysts ThinkJiangxi Copper Company Limited ( HKG:358 ) last week reported its latest quarterly results, which makes it a good time...Major Estimate Revision • May 06Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥548.6b to CN¥537.8b. EPS estimate rose from CN¥1.64 to CN¥1.85. Net income forecast to shrink 9.4% next year vs 18% growth forecast for Metals and Mining industry in Hong Kong . Consensus price target up from HK$13.86 to HK$14.43. Share price rose 2.6% to HK$13.40 over the past week.Major Estimate Revision • Nov 22Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥552.0b to CN¥529.6b. EPS estimate also fell from CN¥2.13 per share to CN¥1.91 per share. Net income forecast to shrink 5.6% next year vs 27% growth forecast for Metals and Mining industry in Hong Kong . Consensus price target broadly unchanged at HK$16.84. Share price was steady at HK$12.60 over the past week.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to HK$32.50, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 198% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$45.05 per share.Major Estimate Revision • Jun 09Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥655.3b to CN¥674.4b. EPS estimate increased from CN¥3.23 to CN¥3.64 per share. Net income forecast to grow 55% next year vs 57% growth forecast for Metals and Mining industry in Hong Kong. Consensus price target broadly unchanged at HK$50.43. Share price fell 13% to HK$33.30 over the past week.Upcoming Dividend • Jun 04Upcoming dividend of CN¥0.60 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 17 July 2026. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of Hong Kong dividend payers (6.9%). Higher than average of industry peers (2.9%).Buy Or Sell Opportunity • Jun 04Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to HK$36.70. The fair value is estimated to be HK$47.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 9.2%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 49% in the next 2 years.Buy Or Sell Opportunity • May 15Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to HK$37.00. The fair value is estimated to be HK$47.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 9.2%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.분석 기사 • Apr 30Jiangxi Copper Company Limited (HKG:358) Just Released Its First-Quarter Earnings: Here's What Analysts ThinkJiangxi Copper Company Limited ( HKG:358 ) last week reported its latest quarterly results, which makes it a good time...Buy Or Sell Opportunity • Apr 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to HK$36.62. The fair value is estimated to be HK$46.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 9.2%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.Reported Earnings • Apr 29First quarter 2026 earnings released: EPS: CN¥0.82 (vs CN¥0.57 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.82 (up from CN¥0.57 in 1Q 2025). Revenue: CN¥139.1b (up 25% from 1Q 2025). Net income: CN¥2.82b (up 44% from 1Q 2025). Profit margin: 2.0% (up from 1.8% in 1Q 2025). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Apr 02Jiangxi Copper (HKG:358) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereThe market seemed underwhelmed by the solid earnings posted by Jiangxi Copper Company Limited ( HKG:358 ) recently...공시 • Mar 30Jiangxi Copper Company Limited to Report Q1, 2026 Results on Apr 28, 2026Jiangxi Copper Company Limited announced that they will report Q1, 2026 results on Apr 28, 2026Declared Dividend • Mar 29Final dividend of CN¥0.60 announcedShareholders will receive a dividend of CN¥0.60. Ex-date: 11th June 2026 Payment date: 17th July 2026 Dividend yield will be 2.9%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 28Full year 2025 earnings released: EPS: CN¥2.07 (vs CN¥2.02 in FY 2024)Full year 2025 results: EPS: CN¥2.07 (up from CN¥2.02 in FY 2024). Revenue: CN¥544.6b (up 4.5% from FY 2024). Net income: CN¥7.13b (up 2.4% from FY 2024). Profit margin: 1.3% (in line with FY 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.공시 • Mar 27Jiangxi Copper Company Limited, Annual General Meeting, Jun 05, 2026Jiangxi Copper Company Limited, Annual General Meeting, Jun 05, 2026.공시 • Mar 25Jiangxi Copper Company Limited Announces Election of Miao Shenggang as Employee Director, Effective March 23, 2026Jiangxi Copper Company Limited announced that at the joint meeting of the 4th session of the employee representative meeting held recently, Mr. Miao Shenggang was elected as the employee director of the 10th session of the Board, for a term commencing from March 23, 2026 until the expiry of the term of office of the 10th session of the Board. Miao Shenggang, a member of the Communist Party of China, born in September 1976, is a postgraduate graduate majoring in Public Security Administration from the Department of Public Security and Administrative Law, Zhongnan University of Economics and Law. He previously served as deputy director of the Organisation Division of the Organisation Department of the Jiangxi Provincial Committee, director of the Personnel Department of Jiangxi Provincial Bureau of Quality and Technical Supervision, director of the Personnel Department of Jiangxi Provincial Administration for Market Regulation, and deputy secretary of the Party Committee and director of Jiangxi Construction Engineering (Group) Co. Ltd. He is currently a deputy secretary of the Party Committee and chairman of the labour union of the Company.New Risk • Mar 23New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 98% Dividend yield: 2.7% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 18%After last week's 18% share price gain to HK$52.80, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 349% over the past three years.공시 • Jan 01Jiangxi Copper Company Limited Appoints Wu Jun as Deputy General Manager, Effective December 30, 2025Jiangxi Copper Company Limited convened the 14th meeting of the 10th session of the Board on December 30, 2025, at which the 'Resolution in relation to the Appointment of Mr. Wu Jun as the Deputy General Manager of Jiangxi Copper Company Limited' was considered and approved, and it was agreed that Mr. Wu Jun be appointed as the deputy general manager of the Company, with effect from December 30, 2025. Wu Jun, a member of the Communist Party of China, born in June 1968, is a professor-level senior engineer. He graduated from the Metallurgy Department of Southern Institute of Metallurgy with a major in non-ferrous metallurgy. He served as the deputy head and the head of the Smelting Workshop at Guixi Smelter of the Company; the deputy general manager of Jiangxi Copper Sichuan Kangxi Copper Co. Ltd.; the manager of the Guiyi Branch Office of Jiangxi Copper Corporation Limited; and a member of the Party Committee, chief engineer, secretary of the Party Committee and plant manager of Guixi Smelter.Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improves as stock rises 15%After last week's 15% share price gain to HK$42.88, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 329% over the past three years.공시 • Dec 26Jiangxi Copper Company Limited to Report Fiscal Year 2025 Results on Mar 27, 2026Jiangxi Copper Company Limited announced that they will report fiscal year 2025 results on Mar 27, 2026분석 기사 • Dec 22There's Reason For Concern Over Jiangxi Copper Company Limited's (HKG:358) Massive 30% Price JumpDespite an already strong run, Jiangxi Copper Company Limited ( HKG:358 ) shares have been powering on, with a gain of...분석 기사 • Dec 11Here's Why Jiangxi Copper (HKG:358) Has Caught The Eye Of InvestorsIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to HK$36.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 251% over the past three years.공시 • Nov 28Jiangxi Copper Company Limited (SEHK:358) received a preliminary and conditional non-binding proposal to acquire SolGold Plc (LSE:SOLG) for approximately £780 million.Jiangxi Copper Company Limited (SEHK:358) received a preliminary and conditional non-binding proposal to acquire SolGold Plc (LSE:SOLG) for approximately £780 million on November 23, 2025. A cash consideration valued at £0.26 per share will be paid by Jiangxi Copper Company Limited. As of November 28, The SolGold Board has carefully considered this Proposal along with its advisers, and has unanimously decided to reject this Proposal and Shareholders are advised to take no action in relation to the Proposal.분석 기사 • Nov 26Returns Are Gaining Momentum At Jiangxi Copper (HKG:358)If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.53 (vs CN¥0.39 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.53 (up from CN¥0.39 in 3Q 2024). Revenue: CN¥139.1b (up 13% from 3Q 2024). Net income: CN¥1.85b (up 35% from 3Q 2024). Profit margin: 1.3% (up from 1.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Oct 29An Intrinsic Calculation For Jiangxi Copper Company Limited (HKG:358) Suggests It's 46% UndervaluedKey Insights The projected fair value for Jiangxi Copper is HK$61.31 based on 2 Stage Free Cash Flow to Equity Jiangxi...Upcoming Dividend • Oct 28Upcoming dividend of CN¥0.40 per shareEligible shareholders must have bought the stock before 04 November 2025. Payment date: 28 November 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Hong Kong dividend payers (6.7%). In line with average of industry peers (2.2%).분석 기사 • Oct 15Jiangxi Copper Company Limited's (HKG:358) Shares Climb 29% But Its Business Is Yet to Catch UpDespite an already strong run, Jiangxi Copper Company Limited ( HKG:358 ) shares have been powering on, with a gain of...Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to HK$30.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 287% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$59.86 per share.공시 • Sep 29Jiangxi Copper Company Limited to Report Q3, 2025 Results on Oct 28, 2025Jiangxi Copper Company Limited announced that they will report Q3, 2025 results on Oct 28, 2025Reported Earnings • Aug 29Second quarter 2025 earnings released: EPS: CN¥0.64 (vs CN¥0.55 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.64 (up from CN¥0.55 in 2Q 2024). Revenue: CN¥145.3b (down 3.5% from 2Q 2024). Net income: CN¥2.22b (up 17% from 2Q 2024). Profit margin: 1.5% (up from 1.3% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Aug 29There's No Escaping Jiangxi Copper Company Limited's (HKG:358) Muted Earnings Despite A 25% Share Price RiseDespite an already strong run, Jiangxi Copper Company Limited ( HKG:358 ) shares have been powering on, with a gain of...분석 기사 • Aug 26We Think Jiangxi Copper (HKG:358) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to HK$20.22, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 139% over the past three years.분석 기사 • Aug 08Does Jiangxi Copper (HKG:358) Deserve A Spot On Your Watchlist?SEHK:358 1 Year Share Price vs Fair Value Explore Jiangxi Copper's Fair Values from the Community and select yours...분석 기사 • Jul 21Returns Are Gaining Momentum At Jiangxi Copper (HKG:358)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...공시 • Jul 11Jiangxi Copper Company Limited Announces Management Changes, Effective July 11, 2025Jiangxi Copper Company Limited announced that Mr. Liao Xingeng has resigned from his positions as Deputy General Manager and Joint Company Secretary, effective July 11, 2025, due to changes in work arrangements. Mr. Liao has confirmed no disagreement with the Board and no other matters need to be brought to the attention of shareholders. The Board convened the 11th meeting of the 10th session on July 11, 2025, and approved the appointment of Mr. Tu Dongyang as the Joint Company Secretary, effective immediately. Mr. Tu, aged 49, holds a doctoral degree in economics and has served as the Deputy General Manager since March 2021. He has extensive experience in corporate governance, regulatory compliance, and capital operation. Mr. Tu previously served as the Joint Company Secretary from 2021 to 2024. Mr. Tung Tat Chiu, Michael, aged 63, will continue as the other Joint Company Secretary. Mr. Tung is a practising solicitor in Hong Kong with over 30 years of experience and holds bachelor's degrees in law and accounting from the University of Manchester, UK. Although the Company notes that Mr. Tu currently does not have the qualifications as required under Rule 3.28 of the Listing Rules, having considered the aforesaid background and experience of Mr. Tu and the reasons set out below, the Board is of the view that Mr. Tu is capable of discharging the duties of the Joint Company Secretary: Mr. Tu served as the Joint Company Secretary from 2021 to 2024. During this period, he worked closely with the Board, the senior management of the Company, Mr. Tung and the professional advisers of the Company in the Company's secretarial and administrative matters, financial management and reporting matters, environmental, social and governance reporting matters and related work. He is well-versed in the corporate governance and compliance work of the Company, familiar with the Listing Rules and has comprehensive understanding of the responsibilities of the Joint Company Secretary; Mr. Tu has served as the Deputy General Manager since March 2021 and has accumulated extensive experience in areas such as corporate governance, regulatory compliance and capital operation of the Company. He has an in-depth understanding of the overall operation and business process of the Company, which facilitates his coordination of the work among various departments of the Company and performance of his duties as the Joint Company Secretary.공시 • Jun 30Jiangxi Copper Company Limited to Report First Half, 2025 Results on Aug 29, 2025Jiangxi Copper Company Limited announced that they will report first half, 2025 results on Aug 29, 2025분석 기사 • Jun 30Little Excitement Around Jiangxi Copper Company Limited's (HKG:358) EarningsWhen close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") above 12x, you may consider...공시 • Jun 24Jiangxi Copper Company Limited(SHSE:600362) dropped from Shanghai Stock Exchange 180 Value IndexJiangxi Copper Company Limited removed공시 • Jun 06Jiangxi Copper Company Limited Approves Final Ordinary Dividend for the Financial Year End 31 December 2024, Payable on 18 July 2025Jiangxi Copper Company Limited at its Annual General Meeting held on 6 June 2025, approved the proposal of the payment of final dividend of RMB 0.70 per Share (inclusive of tax) for the year of 2024 to the Shareholders. For the purpose of the abovementioned payment of final dividend to H Shareholders, the date of dividend announcement of the Company is 6 June 2025. The average mean price of one Hong Kong dollar published daily by The People's Bank of China over a period of one calendar week prior to the announcement of the dividend (26 May 2025 to 30 May 2025) is approximately RMB 0.9171. Applying this average to the above formula, the dividend for each H Share is HKD 0.7633 (inclusive of tax). The Company has no obligation and shall not be responsible for confirming the identities of the Shareholders, and will strictly withhold and pay the enterprise income tax and individual income tax on behalf of the relevant Shareholders based on its H Share register of members as at 20 June 2025. In order to determine the identities of the Shareholders entitled to receive the final dividend for the year ended 31 December 2024, the register of members of the Company will be closed from 14 June 2025 to 20 June 2025 (both dates inclusive). All transfer documents accompanied by the relevant share certificates must be lodged with the Company's H Share registrar, Computershare Hong Kong Investor Services Limited, whose address is at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong no later than 13 June 2025. The dividend warrants of H Shares together with the cheques will be issued by the Company's H Share registrar, Computershare Hong Kong Investors Service Limited and will be posted by ordinary mail to H Shareholders at their own risk on 18 July 2025.Upcoming Dividend • Jun 05Upcoming dividend of CN¥0.70 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 18 July 2025. Payout ratio is a comfortable 34% and the cash payout ratio is 96%. Trailing yield: 5.4%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (4.3%).Major Estimate Revision • May 06Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥548.6b to CN¥537.8b. EPS estimate rose from CN¥1.64 to CN¥1.85. Net income forecast to shrink 9.4% next year vs 18% growth forecast for Metals and Mining industry in Hong Kong . Consensus price target up from HK$13.86 to HK$14.43. Share price rose 2.6% to HK$13.40 over the past week.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to HK$11.16, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Metals and Mining industry in Hong Kong. Total loss to shareholders of 2.0% over the past three years.Reported Earnings • Apr 02Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: CN¥2.02 (up from CN¥1.88 in FY 2023). Revenue: CN¥520.9b (flat on FY 2023). Net income: CN¥6.96b (up 7.0% from FY 2023). Profit margin: 1.3% (in line with FY 2023). Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year.Declared Dividend • Mar 30Dividend of CN¥0.70 announcedShareholders will receive a dividend of CN¥0.70. Ex-date: 12th June 2025 Payment date: 18th July 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Mar 28+ 1 more updateJiangxi Copper Company Limited to Report Q1, 2025 Results on Apr 29, 2025Jiangxi Copper Company Limited announced that they will report Q1, 2025 results on Apr 29, 2025공시 • Dec 27Jiangxi Copper Company Limited to Report Fiscal Year 2024 Results on Mar 28, 2025Jiangxi Copper Company Limited announced that they will report fiscal year 2024 results on Mar 28, 2025공시 • Dec 08Jiangxi Copper Company Limited Announces Management ChangesThe board of directors of Jiangxi Copper Company Limited hereby announced that, the company convened the 5th meeting of the 10 session of the Board on 6 December 2024, considered and approved the "Resolution of Jiangxi Copper Company Limited on the Cessation of Mr. Tu Dongyang to Serve as the Secretary to the Board of the Company" and the "Resolution of Jiangxi Copper Company Limited on the Appointment of Mr. Liao Xingeng as the Secretary to the Board of the Company", details of which are as follows: Due to changes in work arrangements, Mr. Tu Dongyang ("Mr. Tu") ceased to serve the position as the joint company secretary of the Company (the "Joint Company Secretary"), with effect from 6 December 2024. Mr. Tu will continue to serve as the deputy general manager of the Company. In view of Mr. Tu's cessation to serve the position as the Joint Company Secretary, after the nomination committee of the 10th session of the Board has considered, approved and submitted to the 5th meeting of the 10th session of the Board for consideration, the Board has agreed to appoint Mr. Liao Xingeng ("Mr. Liao") as the Joint Company Secretary, with effect from 6 December 2024. Mr. Tung Tat Chiu, Michael ("Mr. Tung"), the existing Joint Company Secretary, will continue to serve as the other Joint Company Secretary. Mr. Liao, aged 58, graduated from the Metallurgy Department of Jiangxi University of Science and Technology (formerly known as Southern Institute of Metallurgy) with a bachelor's degree in non-ferrous metallurgy, obtained a master's degree in business administration from Nanchang University, and is a senior engineer. Mr. Liao joined the Company in July 2018, and has since then served as a member of the party committee and the deputy general manager of the Company. He is mainly in charge of the human resources department and the operation improvement department of the Company. Mr. Liao's responsibilities in the human resources department of the Company consist of human resources management, organisation of performance appraisal and environmental, social and governance, where focus is placed on fair and legal employment, employee care and employee training system. In the operation improvement department of the Company, Mr. Liao is mainly involved in the optimisation and improvement of the corporate governance structure and governance levels, innovation management, information technology construction and multi-enterprise management. Prior to joining the Company, Mr. Liao served as the chairman of Jiangxi Rare Earth Metals Tungsten Industry Group Import and Export Co. Ltd., the assistant to the general manager and deputy general manager of Jiangxi Rare Metal Tungsten Industry Holding Group Co. Ltd. and the deputy general manager of Jiangxi Tungsten Industry Holding Group Co. Ltd. Mr. Tung, aged 62, is a practising solicitor in Hong Kong, a China-Appointed Attesting Officer and a senior partner of Tung & Co. Solicitors. With the bachelor's degrees in law and accounting from the University of Manchester, the United Kingdom, Mr. Tung has over 30 years of experience as a practising solicitor in Hong Kong, and currently serves as a company secretary of a number of listed companies in Hong Kong.공시 • Nov 27Jiangxi Copper Company Limited Announces Resignation of Liu Fangyun as Executive Director, A Member of the Environmental, Social and Governance Development CommitteeThe board of directors of Jiangxi Copper Company Limited announced that the Board received a written resignation letter from Mr. Liu Fangyun ("Mr. Liu"), an executive Director, on 27 November 2024. Due to changes in work arrangements, Mr. Liu has decided to resign from the positions as an executive Director, a member of the Environmental, Social and Governance Development Committee, and will no longer hold any position in the Company.Major Estimate Revision • Nov 22Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥552.0b to CN¥529.6b. EPS estimate also fell from CN¥2.13 per share to CN¥1.91 per share. Net income forecast to shrink 5.6% next year vs 27% growth forecast for Metals and Mining industry in Hong Kong . Consensus price target broadly unchanged at HK$16.84. Share price was steady at HK$12.60 over the past week.Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.46 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.39 (down from CN¥0.46 in 3Q 2023). Revenue: CN¥123.3b (down 6.6% from 3Q 2023). Net income: CN¥1.37b (down 14% from 3Q 2023). Profit margin: 1.1% (down from 1.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Oct 09Jiangxi Copper Company Limited Announces Resignation of Li Shuidi as Independent Non-Executive Director and Member of the Independent Audit Committee, the Remuneration Committee and the Nomination CommitteeThe board of directors of Jiangxi Copper Company Limited announced that the Board received a written resignation letter from Mr. Li Shuidi (‘Mr. Li’), an independent non-executive Director, on 9 October 2024. Due to personal reasons, Mr. Li has decided to resign from the position as an independent non-executive Director, and all relevant positions as members of the Independent Audit Committee, the Remuneration Committee and the Nomination Committee of the Company, and Mr. Li will no longer hold any position in the Company after his resignation. The Company will complete the by-election of an independent non-executive Director as soon as possible in accordance with the provisions of the relevant laws and regulations, including the Company Law and the Articles of Association.공시 • Sep 30Jiangxi Copper Company Limited to Report Q3, 2024 Results on Oct 30, 2024Jiangxi Copper Company Limited announced that they will report Q3, 2024 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to HK$14.76, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 20% over the past three years.New Risk • Sep 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.55 (vs CN¥0.46 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.55 (up from CN¥0.46 in 2Q 2023). Revenue: CN¥150.6b (up 7.7% from 2Q 2023). Net income: CN¥1.90b (up 19% from 2Q 2023). Profit margin: 1.3% (up from 1.1% in 2Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공시 • Aug 28Jiangxi Copper Company Limited Appoints Yu Minxin as Member of the Environmental, Social and Governance Development CommitteeJiangxi Copper Company Limited announced the results of extraordinary general meeting dated 10 July 2024 of the appointment of Mr. Yu Minxin as the executive director of the Company ("Director(s)"). The board of Directors of the Company (the "Board") hereby announces that, at the third meeting of the tenth session of the Board held on 28 August 2024, it was considered and approved, that Mr. Yu Minxin be appointed as a member of the environmental, social and governance development committee of the Company, with effect from 28 August 2024.공시 • Jun 28Jiangxi Copper Company Limited to Report First Half, 2024 Results on Aug 29, 2024Jiangxi Copper Company Limited announced that they will report first half, 2024 results on Aug 29, 2024Board Change • Jun 26Less 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. 3 experienced directors. 2 highly experienced directors. 4 independent directors (5 non-independent directors). Executive Director Jian Min Gao is the most experienced director on the board, commencing their role in 1997. Independent Non-Executive Director Shuying 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. Lack of experienced directors.공시 • Jun 08+ 1 more updateJiangxi Copper Company Limited Announces Chief Financial Officer ChangesThe board of directors of Jiangxi Copper Company Limited announced that the first meeting of the tenth session of the board was convened on 7 June 2024 by way of circulation of written resolutions of all members of the board, at which, the board considered and unanimously resolved to appoint Mr. Yu Minxin as the chief financial officer of the Company. Meanwhile, Mr. Zhou Shaobing no longer serves the duties of the chief financial officer of the company. The above appointment took effect on 7 June 2024. Mr. Yu Minxin, member of the Communist Party of the People's Republic of China, was born in October 1977 and graduated from the School of Accounting of Jiangxi University of Finance and Economics with postgraduate qualification. He is a certified public accountant and a senior accountant. He served as the manager of the finance department of Jiangxi Provincial State-owned Enterprise Assets Operation (Holdings) Co. Ltd., the chief financial officer of Jiangxi Provincial Expressway Investment Group Co. Ltd. and the chief financial officer of Jiangxi Provincial Communications Investment Group Co. Ltd. He currently serves as a member of the Party Committee of the Company and a non- executive director of Jiangxi Bank Co. Ltd.Upcoming Dividend • Jun 06Upcoming dividend of CN¥0.60 per shareEligible shareholders must have bought the stock before 13 June 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (2.2%).공시 • May 01Jiangxi Copper Company Limited, Annual General Meeting, Jun 06, 2024Jiangxi Copper Company Limited, Annual General Meeting, Jun 06, 2024, at 14:30 China Standard Time. Location: JCC International Plaza, 7666 Chang Dong Avenue, High-tech Development Zone Nanchang Jiangxi Province China Agenda: To extend the validity period of the authorization to the board of directors of the Company and its authorized persons to deal with matters relating to the spin-off and listing of Jiangxi JCC Copper Foil Technology Company Limited at their full discretion for 24 months commencing from the date of expiry; to consider and approve the report of the Board for the year of 2023; to consider and approve the report of the supervisory committee of the Company for the year of 2023; to consider and approve the audited financial report and the annual report and its summary of the Company for the year of 2023; to consider and approve the proposal for distribution of profit of the Company for the year of 2023; and to consider any other matters.Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.50 (vs CN¥0.51 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.50 (down from CN¥0.51 in 1Q 2023). Revenue: CN¥122.5b (down 4.1% from 1Q 2023). Net income: CN¥1.71b (down 2.3% from 1Q 2023). Profit margin: 1.4% (in line with 1Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Apr 27+ 1 more updateJiangxi Copper Company Limited Appoints Zhou Shaobing to Assume Temporarily Duties of the CFOThe board of directors of Jiangxi Copper Company Limited announced that, following Mr. Yu's Resignation, Mr. Yu has ceased to be an authorised representative of the Company for the purpose of Rule 3.05 of the Rules Governingthe Listing of Securities of The Stock Exchange of Hong Kong Limited. Mr. Zhou Shaobing, an executive Director, has been appointed as an Authorised Representative with effect from 26 April 2024. In order to ensure the normal production and operation of the Company, Mr. Zhou, the general manager of the Company, will temporarily assume the duties of the CFO until a new CFO is appointed.공시 • Apr 25Jiangxi Copper Company Limited Announces Resignation of Yu Tong as Chief Financial OfficerThe board of directors of Jiangxi Copper Company Limited announced that the Board received a written resignation report from Mr. Yu Tong as chief financial officer (the "CFO") of the Company, on 23 April 2024. Mr. Yu will no longer hold any position in the Company after his resignation.공시 • Apr 24Jiangxi Copper Company Limited Announces Resignation of Yu Tong as an Executive Director, Member of the Environmental, Social and Governance Development CommitteeThe board of directors of Jiangxi Copper Company Limited announced that the Board received a written resignation report from Mr. Yu Tong, an executive Director of the Company, on 23 April 2024. Due to changes inwork arrangements, Mr. Yu has decided to resign from the positions as an executive Director, a member of the Environmental, Social and Governance Development Committee, and Mr. Yu will no longer hold any position in the Company after his resignation.Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to HK$15.06, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 6.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$27.93 per share.Declared Dividend • Mar 31Dividend of CN¥0.60 announcedShareholders will receive a dividend of CN¥0.60. Ex-date: 13th June 2024 Payment date: 18th July 2024 Dividend yield will be 4.5%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (32% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Mar 29Jiangxi Copper Company Limited to Report Q1, 2024 Results on Apr 27, 2024Jiangxi Copper Company Limited announced that they will report Q1, 2024 results on Apr 27, 2024Reported Earnings • Mar 29Full year 2023 earnings released: EPS: CN¥1.88 (vs CN¥1.73 in FY 2022)Full year 2023 results: EPS: CN¥1.88 (up from CN¥1.73 in FY 2022). Revenue: CN¥521.9b (up 8.7% from FY 2022). Net income: CN¥6.51b (up 8.5% from FY 2022). Profit margin: 1.2% (in line with FY 2022). Production and reserves: Copper Production: 2.02 Mt (1.972 Mt in FY 2022) Gold Production: 3,633 troy koz (2,861.4 troy koz in FY 2022) Silver Production: 43,467.8 troy koz (39,641.8 troy koz in FY 2022) Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.공시 • Feb 20Jiangxi Copper Company Limited (SEHK:358) announces an Equity Buyback for CNY 300 million worth of its shares.Jiangxi Copper Company Limited (SEHK:358) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its shares. The shares will be repurchased at a price not more than CNY 26 per share. The purpose of the program is to safeguard the value of the company and the interests of the shareholders. The funds for the repurchases are the company's own funds. The program will be valid for a period of 3 months.이익 및 매출 성장 예측SEHK:358 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028611,68912,41615,09219,092612/31/2027648,58611,88816,49420,782812/31/2026674,37612,602-9136,08763/31/2026572,7927,995-6,793-1,963N/A12/31/2025544,6237,130-11,501-6,914N/A9/30/2025519,7808,0012,7398,299N/A6/30/2025502,6077,5204,69710,149N/A3/31/2025505,0477,2002,4269,054N/A12/31/2024516,6096,962-4,1632,428N/A9/30/2024514,5576,546-3,9153,118N/A6/30/2024524,6716,762-6,918-384N/A3/31/2024516,6766,4652,5958,867N/A12/31/2023521,8936,5054,12010,931N/A9/30/2023511,3356,2081,9958,274N/A6/30/2023492,2175,8873,2069,767N/A3/31/2023485,5176,2752,5908,580N/A12/31/2022479,9385,9945,32610,641N/A9/30/2022473,6705,8577,23711,562N/A6/30/2022471,2216,05910,85714,603N/A3/31/2022462,8866,2505,9688,876N/A12/31/2021442,7685,6366,1609,032N/A9/30/2021428,5375,2953022,717N/A6/30/2021398,3724,618-4,008-940N/A3/31/2021364,3933,020-4,471-863N/A12/31/2020318,5632,320-2,2651,382N/A9/30/2020296,4031,9342,5466,202N/A6/30/2020282,3031,9113,1546,829N/A3/31/2020247,7071,8844,4747,966N/A12/31/2019240,3602,466N/A8,252N/A9/30/2019223,9322,468N/A12,755N/A6/30/2019215,8272,470N/A12,891N/A3/31/2019213,5382,424N/A8,129N/A12/31/2018215,2902,447N/A8,182N/A9/30/2018212,2962,070N/A5,995N/A6/30/2018211,2742,053N/A3,223N/A3/31/2018210,9821,830N/A3,099N/A12/31/2017205,0541,606N/A3,284N/A9/30/2017217,1751,377N/A4,498N/A6/30/2017210,3901,141N/A4,263N/A3/31/2017208,1431,124N/A4,298N/A12/31/2016202,308784N/A4,060N/A9/30/2016211,390396N/A-2,628N/A6/30/2016200,441214N/A-2,427N/A3/31/2016192,166704N/A2,522N/A12/31/2015185,782637N/A1,902N/A9/30/2015166,2871,755N/A2,808N/A6/30/2015181,4432,551N/A2,664N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 358 의 연간 예상 수익 증가율(13.3%)이 saving rate(3%)보다 높습니다.수익 vs 시장: 358 의 연간 수익(13.3%)이 Hong Kong 시장(12.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 358 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 358 의 수익(연간 1.9%)이 Hong Kong 시장(연간 8.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 358 의 수익(연간 1.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 358의 자본 수익률은 3년 후 12.5%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/12 18:35종가2026/06/12 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 소스Jiangxi Copper Company Limited는 30명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ephrem RaviBarclaysYanlin ZhaoBofA Global ResearchYan ChenChina International Capital Corporation Limited27명의 분석가 더 보기
Major Estimate Revision • Jun 09Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥655.3b to CN¥674.4b. EPS estimate increased from CN¥3.23 to CN¥3.64 per share. Net income forecast to grow 55% next year vs 57% growth forecast for Metals and Mining industry in Hong Kong. Consensus price target broadly unchanged at HK$50.43. Share price fell 13% to HK$33.30 over the past week.
분석 기사 • Apr 30Jiangxi Copper Company Limited (HKG:358) Just Released Its First-Quarter Earnings: Here's What Analysts ThinkJiangxi Copper Company Limited ( HKG:358 ) last week reported its latest quarterly results, which makes it a good time...
Major Estimate Revision • May 06Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥548.6b to CN¥537.8b. EPS estimate rose from CN¥1.64 to CN¥1.85. Net income forecast to shrink 9.4% next year vs 18% growth forecast for Metals and Mining industry in Hong Kong . Consensus price target up from HK$13.86 to HK$14.43. Share price rose 2.6% to HK$13.40 over the past week.
Major Estimate Revision • Nov 22Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥552.0b to CN¥529.6b. EPS estimate also fell from CN¥2.13 per share to CN¥1.91 per share. Net income forecast to shrink 5.6% next year vs 27% growth forecast for Metals and Mining industry in Hong Kong . Consensus price target broadly unchanged at HK$16.84. Share price was steady at HK$12.60 over the past week.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to HK$32.50, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 198% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$45.05 per share.
Major Estimate Revision • Jun 09Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from CN¥655.3b to CN¥674.4b. EPS estimate increased from CN¥3.23 to CN¥3.64 per share. Net income forecast to grow 55% next year vs 57% growth forecast for Metals and Mining industry in Hong Kong. Consensus price target broadly unchanged at HK$50.43. Share price fell 13% to HK$33.30 over the past week.
Upcoming Dividend • Jun 04Upcoming dividend of CN¥0.60 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 17 July 2026. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of Hong Kong dividend payers (6.9%). Higher than average of industry peers (2.9%).
Buy Or Sell Opportunity • Jun 04Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to HK$36.70. The fair value is estimated to be HK$47.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 9.2%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 49% in the next 2 years.
Buy Or Sell Opportunity • May 15Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to HK$37.00. The fair value is estimated to be HK$47.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 9.2%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.
분석 기사 • Apr 30Jiangxi Copper Company Limited (HKG:358) Just Released Its First-Quarter Earnings: Here's What Analysts ThinkJiangxi Copper Company Limited ( HKG:358 ) last week reported its latest quarterly results, which makes it a good time...
Buy Or Sell Opportunity • Apr 30Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to HK$36.62. The fair value is estimated to be HK$46.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years. Earnings per share has grown by 9.2%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 48% in the next 2 years.
Reported Earnings • Apr 29First quarter 2026 earnings released: EPS: CN¥0.82 (vs CN¥0.57 in 1Q 2025)First quarter 2026 results: EPS: CN¥0.82 (up from CN¥0.57 in 1Q 2025). Revenue: CN¥139.1b (up 25% from 1Q 2025). Net income: CN¥2.82b (up 44% from 1Q 2025). Profit margin: 2.0% (up from 1.8% in 1Q 2025). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Apr 02Jiangxi Copper (HKG:358) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereThe market seemed underwhelmed by the solid earnings posted by Jiangxi Copper Company Limited ( HKG:358 ) recently...
공시 • Mar 30Jiangxi Copper Company Limited to Report Q1, 2026 Results on Apr 28, 2026Jiangxi Copper Company Limited announced that they will report Q1, 2026 results on Apr 28, 2026
Declared Dividend • Mar 29Final dividend of CN¥0.60 announcedShareholders will receive a dividend of CN¥0.60. Ex-date: 11th June 2026 Payment date: 17th July 2026 Dividend yield will be 2.9%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 28Full year 2025 earnings released: EPS: CN¥2.07 (vs CN¥2.02 in FY 2024)Full year 2025 results: EPS: CN¥2.07 (up from CN¥2.02 in FY 2024). Revenue: CN¥544.6b (up 4.5% from FY 2024). Net income: CN¥7.13b (up 2.4% from FY 2024). Profit margin: 1.3% (in line with FY 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Mar 27Jiangxi Copper Company Limited, Annual General Meeting, Jun 05, 2026Jiangxi Copper Company Limited, Annual General Meeting, Jun 05, 2026.
공시 • Mar 25Jiangxi Copper Company Limited Announces Election of Miao Shenggang as Employee Director, Effective March 23, 2026Jiangxi Copper Company Limited announced that at the joint meeting of the 4th session of the employee representative meeting held recently, Mr. Miao Shenggang was elected as the employee director of the 10th session of the Board, for a term commencing from March 23, 2026 until the expiry of the term of office of the 10th session of the Board. Miao Shenggang, a member of the Communist Party of China, born in September 1976, is a postgraduate graduate majoring in Public Security Administration from the Department of Public Security and Administrative Law, Zhongnan University of Economics and Law. He previously served as deputy director of the Organisation Division of the Organisation Department of the Jiangxi Provincial Committee, director of the Personnel Department of Jiangxi Provincial Bureau of Quality and Technical Supervision, director of the Personnel Department of Jiangxi Provincial Administration for Market Regulation, and deputy secretary of the Party Committee and director of Jiangxi Construction Engineering (Group) Co. Ltd. He is currently a deputy secretary of the Party Committee and chairman of the labour union of the Company.
New Risk • Mar 23New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 98% Dividend yield: 2.7% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 18%After last week's 18% share price gain to HK$52.80, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 349% over the past three years.
공시 • Jan 01Jiangxi Copper Company Limited Appoints Wu Jun as Deputy General Manager, Effective December 30, 2025Jiangxi Copper Company Limited convened the 14th meeting of the 10th session of the Board on December 30, 2025, at which the 'Resolution in relation to the Appointment of Mr. Wu Jun as the Deputy General Manager of Jiangxi Copper Company Limited' was considered and approved, and it was agreed that Mr. Wu Jun be appointed as the deputy general manager of the Company, with effect from December 30, 2025. Wu Jun, a member of the Communist Party of China, born in June 1968, is a professor-level senior engineer. He graduated from the Metallurgy Department of Southern Institute of Metallurgy with a major in non-ferrous metallurgy. He served as the deputy head and the head of the Smelting Workshop at Guixi Smelter of the Company; the deputy general manager of Jiangxi Copper Sichuan Kangxi Copper Co. Ltd.; the manager of the Guiyi Branch Office of Jiangxi Copper Corporation Limited; and a member of the Party Committee, chief engineer, secretary of the Party Committee and plant manager of Guixi Smelter.
Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improves as stock rises 15%After last week's 15% share price gain to HK$42.88, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 329% over the past three years.
공시 • Dec 26Jiangxi Copper Company Limited to Report Fiscal Year 2025 Results on Mar 27, 2026Jiangxi Copper Company Limited announced that they will report fiscal year 2025 results on Mar 27, 2026
분석 기사 • Dec 22There's Reason For Concern Over Jiangxi Copper Company Limited's (HKG:358) Massive 30% Price JumpDespite an already strong run, Jiangxi Copper Company Limited ( HKG:358 ) shares have been powering on, with a gain of...
분석 기사 • Dec 11Here's Why Jiangxi Copper (HKG:358) Has Caught The Eye Of InvestorsIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to HK$36.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 251% over the past three years.
공시 • Nov 28Jiangxi Copper Company Limited (SEHK:358) received a preliminary and conditional non-binding proposal to acquire SolGold Plc (LSE:SOLG) for approximately £780 million.Jiangxi Copper Company Limited (SEHK:358) received a preliminary and conditional non-binding proposal to acquire SolGold Plc (LSE:SOLG) for approximately £780 million on November 23, 2025. A cash consideration valued at £0.26 per share will be paid by Jiangxi Copper Company Limited. As of November 28, The SolGold Board has carefully considered this Proposal along with its advisers, and has unanimously decided to reject this Proposal and Shareholders are advised to take no action in relation to the Proposal.
분석 기사 • Nov 26Returns Are Gaining Momentum At Jiangxi Copper (HKG:358)If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.53 (vs CN¥0.39 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.53 (up from CN¥0.39 in 3Q 2024). Revenue: CN¥139.1b (up 13% from 3Q 2024). Net income: CN¥1.85b (up 35% from 3Q 2024). Profit margin: 1.3% (up from 1.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Oct 29An Intrinsic Calculation For Jiangxi Copper Company Limited (HKG:358) Suggests It's 46% UndervaluedKey Insights The projected fair value for Jiangxi Copper is HK$61.31 based on 2 Stage Free Cash Flow to Equity Jiangxi...
Upcoming Dividend • Oct 28Upcoming dividend of CN¥0.40 per shareEligible shareholders must have bought the stock before 04 November 2025. Payment date: 28 November 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Hong Kong dividend payers (6.7%). In line with average of industry peers (2.2%).
분석 기사 • Oct 15Jiangxi Copper Company Limited's (HKG:358) Shares Climb 29% But Its Business Is Yet to Catch UpDespite an already strong run, Jiangxi Copper Company Limited ( HKG:358 ) shares have been powering on, with a gain of...
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 23%After last week's 23% share price gain to HK$30.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 287% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$59.86 per share.
공시 • Sep 29Jiangxi Copper Company Limited to Report Q3, 2025 Results on Oct 28, 2025Jiangxi Copper Company Limited announced that they will report Q3, 2025 results on Oct 28, 2025
Reported Earnings • Aug 29Second quarter 2025 earnings released: EPS: CN¥0.64 (vs CN¥0.55 in 2Q 2024)Second quarter 2025 results: EPS: CN¥0.64 (up from CN¥0.55 in 2Q 2024). Revenue: CN¥145.3b (down 3.5% from 2Q 2024). Net income: CN¥2.22b (up 17% from 2Q 2024). Profit margin: 1.5% (up from 1.3% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Aug 29There's No Escaping Jiangxi Copper Company Limited's (HKG:358) Muted Earnings Despite A 25% Share Price RiseDespite an already strong run, Jiangxi Copper Company Limited ( HKG:358 ) shares have been powering on, with a gain of...
분석 기사 • Aug 26We Think Jiangxi Copper (HKG:358) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to HK$20.22, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 139% over the past three years.
분석 기사 • Aug 08Does Jiangxi Copper (HKG:358) Deserve A Spot On Your Watchlist?SEHK:358 1 Year Share Price vs Fair Value Explore Jiangxi Copper's Fair Values from the Community and select yours...
분석 기사 • Jul 21Returns Are Gaining Momentum At Jiangxi Copper (HKG:358)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
공시 • Jul 11Jiangxi Copper Company Limited Announces Management Changes, Effective July 11, 2025Jiangxi Copper Company Limited announced that Mr. Liao Xingeng has resigned from his positions as Deputy General Manager and Joint Company Secretary, effective July 11, 2025, due to changes in work arrangements. Mr. Liao has confirmed no disagreement with the Board and no other matters need to be brought to the attention of shareholders. The Board convened the 11th meeting of the 10th session on July 11, 2025, and approved the appointment of Mr. Tu Dongyang as the Joint Company Secretary, effective immediately. Mr. Tu, aged 49, holds a doctoral degree in economics and has served as the Deputy General Manager since March 2021. He has extensive experience in corporate governance, regulatory compliance, and capital operation. Mr. Tu previously served as the Joint Company Secretary from 2021 to 2024. Mr. Tung Tat Chiu, Michael, aged 63, will continue as the other Joint Company Secretary. Mr. Tung is a practising solicitor in Hong Kong with over 30 years of experience and holds bachelor's degrees in law and accounting from the University of Manchester, UK. Although the Company notes that Mr. Tu currently does not have the qualifications as required under Rule 3.28 of the Listing Rules, having considered the aforesaid background and experience of Mr. Tu and the reasons set out below, the Board is of the view that Mr. Tu is capable of discharging the duties of the Joint Company Secretary: Mr. Tu served as the Joint Company Secretary from 2021 to 2024. During this period, he worked closely with the Board, the senior management of the Company, Mr. Tung and the professional advisers of the Company in the Company's secretarial and administrative matters, financial management and reporting matters, environmental, social and governance reporting matters and related work. He is well-versed in the corporate governance and compliance work of the Company, familiar with the Listing Rules and has comprehensive understanding of the responsibilities of the Joint Company Secretary; Mr. Tu has served as the Deputy General Manager since March 2021 and has accumulated extensive experience in areas such as corporate governance, regulatory compliance and capital operation of the Company. He has an in-depth understanding of the overall operation and business process of the Company, which facilitates his coordination of the work among various departments of the Company and performance of his duties as the Joint Company Secretary.
공시 • Jun 30Jiangxi Copper Company Limited to Report First Half, 2025 Results on Aug 29, 2025Jiangxi Copper Company Limited announced that they will report first half, 2025 results on Aug 29, 2025
분석 기사 • Jun 30Little Excitement Around Jiangxi Copper Company Limited's (HKG:358) EarningsWhen close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") above 12x, you may consider...
공시 • Jun 24Jiangxi Copper Company Limited(SHSE:600362) dropped from Shanghai Stock Exchange 180 Value IndexJiangxi Copper Company Limited removed
공시 • Jun 06Jiangxi Copper Company Limited Approves Final Ordinary Dividend for the Financial Year End 31 December 2024, Payable on 18 July 2025Jiangxi Copper Company Limited at its Annual General Meeting held on 6 June 2025, approved the proposal of the payment of final dividend of RMB 0.70 per Share (inclusive of tax) for the year of 2024 to the Shareholders. For the purpose of the abovementioned payment of final dividend to H Shareholders, the date of dividend announcement of the Company is 6 June 2025. The average mean price of one Hong Kong dollar published daily by The People's Bank of China over a period of one calendar week prior to the announcement of the dividend (26 May 2025 to 30 May 2025) is approximately RMB 0.9171. Applying this average to the above formula, the dividend for each H Share is HKD 0.7633 (inclusive of tax). The Company has no obligation and shall not be responsible for confirming the identities of the Shareholders, and will strictly withhold and pay the enterprise income tax and individual income tax on behalf of the relevant Shareholders based on its H Share register of members as at 20 June 2025. In order to determine the identities of the Shareholders entitled to receive the final dividend for the year ended 31 December 2024, the register of members of the Company will be closed from 14 June 2025 to 20 June 2025 (both dates inclusive). All transfer documents accompanied by the relevant share certificates must be lodged with the Company's H Share registrar, Computershare Hong Kong Investor Services Limited, whose address is at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong no later than 13 June 2025. The dividend warrants of H Shares together with the cheques will be issued by the Company's H Share registrar, Computershare Hong Kong Investors Service Limited and will be posted by ordinary mail to H Shareholders at their own risk on 18 July 2025.
Upcoming Dividend • Jun 05Upcoming dividend of CN¥0.70 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 18 July 2025. Payout ratio is a comfortable 34% and the cash payout ratio is 96%. Trailing yield: 5.4%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (4.3%).
Major Estimate Revision • May 06Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from CN¥548.6b to CN¥537.8b. EPS estimate rose from CN¥1.64 to CN¥1.85. Net income forecast to shrink 9.4% next year vs 18% growth forecast for Metals and Mining industry in Hong Kong . Consensus price target up from HK$13.86 to HK$14.43. Share price rose 2.6% to HK$13.40 over the past week.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to HK$11.16, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Metals and Mining industry in Hong Kong. Total loss to shareholders of 2.0% over the past three years.
Reported Earnings • Apr 02Full year 2024 earnings: EPS in line with expectations, revenues disappointFull year 2024 results: EPS: CN¥2.02 (up from CN¥1.88 in FY 2023). Revenue: CN¥520.9b (flat on FY 2023). Net income: CN¥6.96b (up 7.0% from FY 2023). Profit margin: 1.3% (in line with FY 2023). Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year.
Declared Dividend • Mar 30Dividend of CN¥0.70 announcedShareholders will receive a dividend of CN¥0.70. Ex-date: 12th June 2025 Payment date: 18th July 2025 Dividend yield will be 4.9%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 15% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Mar 28+ 1 more updateJiangxi Copper Company Limited to Report Q1, 2025 Results on Apr 29, 2025Jiangxi Copper Company Limited announced that they will report Q1, 2025 results on Apr 29, 2025
공시 • Dec 27Jiangxi Copper Company Limited to Report Fiscal Year 2024 Results on Mar 28, 2025Jiangxi Copper Company Limited announced that they will report fiscal year 2024 results on Mar 28, 2025
공시 • Dec 08Jiangxi Copper Company Limited Announces Management ChangesThe board of directors of Jiangxi Copper Company Limited hereby announced that, the company convened the 5th meeting of the 10 session of the Board on 6 December 2024, considered and approved the "Resolution of Jiangxi Copper Company Limited on the Cessation of Mr. Tu Dongyang to Serve as the Secretary to the Board of the Company" and the "Resolution of Jiangxi Copper Company Limited on the Appointment of Mr. Liao Xingeng as the Secretary to the Board of the Company", details of which are as follows: Due to changes in work arrangements, Mr. Tu Dongyang ("Mr. Tu") ceased to serve the position as the joint company secretary of the Company (the "Joint Company Secretary"), with effect from 6 December 2024. Mr. Tu will continue to serve as the deputy general manager of the Company. In view of Mr. Tu's cessation to serve the position as the Joint Company Secretary, after the nomination committee of the 10th session of the Board has considered, approved and submitted to the 5th meeting of the 10th session of the Board for consideration, the Board has agreed to appoint Mr. Liao Xingeng ("Mr. Liao") as the Joint Company Secretary, with effect from 6 December 2024. Mr. Tung Tat Chiu, Michael ("Mr. Tung"), the existing Joint Company Secretary, will continue to serve as the other Joint Company Secretary. Mr. Liao, aged 58, graduated from the Metallurgy Department of Jiangxi University of Science and Technology (formerly known as Southern Institute of Metallurgy) with a bachelor's degree in non-ferrous metallurgy, obtained a master's degree in business administration from Nanchang University, and is a senior engineer. Mr. Liao joined the Company in July 2018, and has since then served as a member of the party committee and the deputy general manager of the Company. He is mainly in charge of the human resources department and the operation improvement department of the Company. Mr. Liao's responsibilities in the human resources department of the Company consist of human resources management, organisation of performance appraisal and environmental, social and governance, where focus is placed on fair and legal employment, employee care and employee training system. In the operation improvement department of the Company, Mr. Liao is mainly involved in the optimisation and improvement of the corporate governance structure and governance levels, innovation management, information technology construction and multi-enterprise management. Prior to joining the Company, Mr. Liao served as the chairman of Jiangxi Rare Earth Metals Tungsten Industry Group Import and Export Co. Ltd., the assistant to the general manager and deputy general manager of Jiangxi Rare Metal Tungsten Industry Holding Group Co. Ltd. and the deputy general manager of Jiangxi Tungsten Industry Holding Group Co. Ltd. Mr. Tung, aged 62, is a practising solicitor in Hong Kong, a China-Appointed Attesting Officer and a senior partner of Tung & Co. Solicitors. With the bachelor's degrees in law and accounting from the University of Manchester, the United Kingdom, Mr. Tung has over 30 years of experience as a practising solicitor in Hong Kong, and currently serves as a company secretary of a number of listed companies in Hong Kong.
공시 • Nov 27Jiangxi Copper Company Limited Announces Resignation of Liu Fangyun as Executive Director, A Member of the Environmental, Social and Governance Development CommitteeThe board of directors of Jiangxi Copper Company Limited announced that the Board received a written resignation letter from Mr. Liu Fangyun ("Mr. Liu"), an executive Director, on 27 November 2024. Due to changes in work arrangements, Mr. Liu has decided to resign from the positions as an executive Director, a member of the Environmental, Social and Governance Development Committee, and will no longer hold any position in the Company.
Major Estimate Revision • Nov 22Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥552.0b to CN¥529.6b. EPS estimate also fell from CN¥2.13 per share to CN¥1.91 per share. Net income forecast to shrink 5.6% next year vs 27% growth forecast for Metals and Mining industry in Hong Kong . Consensus price target broadly unchanged at HK$16.84. Share price was steady at HK$12.60 over the past week.
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: CN¥0.39 (vs CN¥0.46 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.39 (down from CN¥0.46 in 3Q 2023). Revenue: CN¥123.3b (down 6.6% from 3Q 2023). Net income: CN¥1.37b (down 14% from 3Q 2023). Profit margin: 1.1% (down from 1.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Oct 09Jiangxi Copper Company Limited Announces Resignation of Li Shuidi as Independent Non-Executive Director and Member of the Independent Audit Committee, the Remuneration Committee and the Nomination CommitteeThe board of directors of Jiangxi Copper Company Limited announced that the Board received a written resignation letter from Mr. Li Shuidi (‘Mr. Li’), an independent non-executive Director, on 9 October 2024. Due to personal reasons, Mr. Li has decided to resign from the position as an independent non-executive Director, and all relevant positions as members of the Independent Audit Committee, the Remuneration Committee and the Nomination Committee of the Company, and Mr. Li will no longer hold any position in the Company after his resignation. The Company will complete the by-election of an independent non-executive Director as soon as possible in accordance with the provisions of the relevant laws and regulations, including the Company Law and the Articles of Association.
공시 • Sep 30Jiangxi Copper Company Limited to Report Q3, 2024 Results on Oct 30, 2024Jiangxi Copper Company Limited announced that they will report Q3, 2024 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to HK$14.76, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 20% over the past three years.
New Risk • Sep 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: CN¥0.55 (vs CN¥0.46 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.55 (up from CN¥0.46 in 2Q 2023). Revenue: CN¥150.6b (up 7.7% from 2Q 2023). Net income: CN¥1.90b (up 19% from 2Q 2023). Profit margin: 1.3% (up from 1.1% in 2Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공시 • Aug 28Jiangxi Copper Company Limited Appoints Yu Minxin as Member of the Environmental, Social and Governance Development CommitteeJiangxi Copper Company Limited announced the results of extraordinary general meeting dated 10 July 2024 of the appointment of Mr. Yu Minxin as the executive director of the Company ("Director(s)"). The board of Directors of the Company (the "Board") hereby announces that, at the third meeting of the tenth session of the Board held on 28 August 2024, it was considered and approved, that Mr. Yu Minxin be appointed as a member of the environmental, social and governance development committee of the Company, with effect from 28 August 2024.
공시 • Jun 28Jiangxi Copper Company Limited to Report First Half, 2024 Results on Aug 29, 2024Jiangxi Copper Company Limited announced that they will report first half, 2024 results on Aug 29, 2024
Board Change • Jun 26Less 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. 3 experienced directors. 2 highly experienced directors. 4 independent directors (5 non-independent directors). Executive Director Jian Min Gao is the most experienced director on the board, commencing their role in 1997. Independent Non-Executive Director Shuying 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. Lack of experienced directors.
공시 • Jun 08+ 1 more updateJiangxi Copper Company Limited Announces Chief Financial Officer ChangesThe board of directors of Jiangxi Copper Company Limited announced that the first meeting of the tenth session of the board was convened on 7 June 2024 by way of circulation of written resolutions of all members of the board, at which, the board considered and unanimously resolved to appoint Mr. Yu Minxin as the chief financial officer of the Company. Meanwhile, Mr. Zhou Shaobing no longer serves the duties of the chief financial officer of the company. The above appointment took effect on 7 June 2024. Mr. Yu Minxin, member of the Communist Party of the People's Republic of China, was born in October 1977 and graduated from the School of Accounting of Jiangxi University of Finance and Economics with postgraduate qualification. He is a certified public accountant and a senior accountant. He served as the manager of the finance department of Jiangxi Provincial State-owned Enterprise Assets Operation (Holdings) Co. Ltd., the chief financial officer of Jiangxi Provincial Expressway Investment Group Co. Ltd. and the chief financial officer of Jiangxi Provincial Communications Investment Group Co. Ltd. He currently serves as a member of the Party Committee of the Company and a non- executive director of Jiangxi Bank Co. Ltd.
Upcoming Dividend • Jun 06Upcoming dividend of CN¥0.60 per shareEligible shareholders must have bought the stock before 13 June 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (2.2%).
공시 • May 01Jiangxi Copper Company Limited, Annual General Meeting, Jun 06, 2024Jiangxi Copper Company Limited, Annual General Meeting, Jun 06, 2024, at 14:30 China Standard Time. Location: JCC International Plaza, 7666 Chang Dong Avenue, High-tech Development Zone Nanchang Jiangxi Province China Agenda: To extend the validity period of the authorization to the board of directors of the Company and its authorized persons to deal with matters relating to the spin-off and listing of Jiangxi JCC Copper Foil Technology Company Limited at their full discretion for 24 months commencing from the date of expiry; to consider and approve the report of the Board for the year of 2023; to consider and approve the report of the supervisory committee of the Company for the year of 2023; to consider and approve the audited financial report and the annual report and its summary of the Company for the year of 2023; to consider and approve the proposal for distribution of profit of the Company for the year of 2023; and to consider any other matters.
Reported Earnings • Apr 27First quarter 2024 earnings released: EPS: CN¥0.50 (vs CN¥0.51 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.50 (down from CN¥0.51 in 1Q 2023). Revenue: CN¥122.5b (down 4.1% from 1Q 2023). Net income: CN¥1.71b (down 2.3% from 1Q 2023). Profit margin: 1.4% (in line with 1Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Apr 27+ 1 more updateJiangxi Copper Company Limited Appoints Zhou Shaobing to Assume Temporarily Duties of the CFOThe board of directors of Jiangxi Copper Company Limited announced that, following Mr. Yu's Resignation, Mr. Yu has ceased to be an authorised representative of the Company for the purpose of Rule 3.05 of the Rules Governingthe Listing of Securities of The Stock Exchange of Hong Kong Limited. Mr. Zhou Shaobing, an executive Director, has been appointed as an Authorised Representative with effect from 26 April 2024. In order to ensure the normal production and operation of the Company, Mr. Zhou, the general manager of the Company, will temporarily assume the duties of the CFO until a new CFO is appointed.
공시 • Apr 25Jiangxi Copper Company Limited Announces Resignation of Yu Tong as Chief Financial OfficerThe board of directors of Jiangxi Copper Company Limited announced that the Board received a written resignation report from Mr. Yu Tong as chief financial officer (the "CFO") of the Company, on 23 April 2024. Mr. Yu will no longer hold any position in the Company after his resignation.
공시 • Apr 24Jiangxi Copper Company Limited Announces Resignation of Yu Tong as an Executive Director, Member of the Environmental, Social and Governance Development CommitteeThe board of directors of Jiangxi Copper Company Limited announced that the Board received a written resignation report from Mr. Yu Tong, an executive Director of the Company, on 23 April 2024. Due to changes inwork arrangements, Mr. Yu has decided to resign from the positions as an executive Director, a member of the Environmental, Social and Governance Development Committee, and Mr. Yu will no longer hold any position in the Company after his resignation.
Valuation Update With 7 Day Price Move • Apr 03Investor sentiment improves as stock rises 15%After last week's 15% share price gain to HK$15.06, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Metals and Mining industry in Hong Kong. Total returns to shareholders of 6.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$27.93 per share.
Declared Dividend • Mar 31Dividend of CN¥0.60 announcedShareholders will receive a dividend of CN¥0.60. Ex-date: 13th June 2024 Payment date: 18th July 2024 Dividend yield will be 4.5%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (32% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Mar 29Jiangxi Copper Company Limited to Report Q1, 2024 Results on Apr 27, 2024Jiangxi Copper Company Limited announced that they will report Q1, 2024 results on Apr 27, 2024
Reported Earnings • Mar 29Full year 2023 earnings released: EPS: CN¥1.88 (vs CN¥1.73 in FY 2022)Full year 2023 results: EPS: CN¥1.88 (up from CN¥1.73 in FY 2022). Revenue: CN¥521.9b (up 8.7% from FY 2022). Net income: CN¥6.51b (up 8.5% from FY 2022). Profit margin: 1.2% (in line with FY 2022). Production and reserves: Copper Production: 2.02 Mt (1.972 Mt in FY 2022) Gold Production: 3,633 troy koz (2,861.4 troy koz in FY 2022) Silver Production: 43,467.8 troy koz (39,641.8 troy koz in FY 2022) Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Metals and Mining industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
공시 • Feb 20Jiangxi Copper Company Limited (SEHK:358) announces an Equity Buyback for CNY 300 million worth of its shares.Jiangxi Copper Company Limited (SEHK:358) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its shares. The shares will be repurchased at a price not more than CNY 26 per share. The purpose of the program is to safeguard the value of the company and the interests of the shareholders. The funds for the repurchases are the company's own funds. The program will be valid for a period of 3 months.