Chinese (SSE) Metals and Mining Industry Analysis
- 7D0.03%
- 3M-8.7%
- 1Y44.4%
- YTD34.2%
Over the last 7 days, the Metals and Mining industry has remained flat, although notably Shanxi Meijin EnergyLtd gained 9.3%. The past year has been better, since the industry has gained 44% in that time.
Industry Valuation and Performance
Has the Chinese Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 04 Dec 2021 | CN¥3.6t | CN¥3.8t | CN¥190.5b | 31.9x |
| Mon, 01 Nov 2021 | CN¥3.3t | CN¥3.7t | CN¥186.8b | 28.4x |
| Wed, 29 Sep 2021 | CN¥3.5t | CN¥3.5t | CN¥167.1b | 29.7x |
| Fri, 27 Aug 2021 | CN¥3.8t | CN¥3.5t | CN¥166.6b | 33.8x |
| Sat, 03 Jul 2021 | CN¥2.8t | CN¥3.5t | CN¥166.1b | 26.5x |
| Tue, 06 Apr 2021 | CN¥2.5t | CN¥3.2t | CN¥122.4b | 25.5x |
| Fri, 08 Jan 2021 | CN¥2.4t | CN¥2.9t | CN¥97.0b | 34.1x |
| Thu, 01 Oct 2020 | CN¥2.0t | CN¥2.8t | CN¥75.1b | 31.4x |
| Sun, 05 Jul 2020 | CN¥1.8t | CN¥2.7t | CN¥66.9b | 31.7x |
| Wed, 08 Apr 2020 | CN¥1.7t | CN¥2.6t | CN¥72.6b | 28.3x |
| Tue, 31 Dec 2019 | CN¥1.8t | CN¥2.7t | CN¥82.0b | 32.2x |
| Fri, 04 Oct 2019 | CN¥1.7t | CN¥2.6t | CN¥78.4b | 27.8x |
| Mon, 08 Jul 2019 | CN¥1.8t | CN¥2.6t | CN¥92.3b | 25.5x |
| Sun, 31 Mar 2019 | CN¥1.9t | CN¥2.6t | CN¥103.6b | 30.5x |
| Wed, 02 Jan 2019 | CN¥1.5t | CN¥2.5t | CN¥107.5b | 24.4x |
24.4x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 29.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Metals and Mining industry have grown 14% per year over the last three years, and revenues for these companies have grown 16% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chinese Metals and Mining industry?
| Precious Metals and Minerals | 3.73% | |
| Steel | 1.52% | |
| Diversified Metals and Mining | -0.42% | |
| Aluminum | -1.55% | |
| Gold | -2.64% | |
| Copper | -2.65% | |
Industry PE: Investors are most optimistic about the Diversified Metals and Mining industry which is trading above its 3-year average PE ratio of 44.1x. However analysts are expecting annual earnings growth of 29%, which is lower than the prior year's growth of 62% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Steel industry, which is trading close to its 3-year average of 19.4x.
Forecasted Growth: Analysts are most optimistic on the Gold industry, expecting annual earnings growth of 48% over the next 5 years. However this is lower than its past earnings growth rate of 61% per year. Meanwhile, the Copper industry is expected to see its earnings grow by 2.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 603799 Zhejiang Huayou Cobalt | 9.5%+CN¥14.8b | 158.9% | PE59.6x | |
| 723 Shanxi Meijin EnergyLtd | 18.7%+CN¥10.8b | 139.8% | PE30.2x | |
| 600019 Baoshan Iron & Steel | 3.5%+CN¥5.3b | 15.5% | PE5.9x | |
| 959 Beijing Shougang | 10.3%+CN¥4.3b | 71.7% | PE7.2x | |
| 831 China Minmetals Rare Earth | 5.7%+CN¥2.6b | 241.7% | PE140x |