Investors Don't See Light At End Of Chengtun Mining Group Co., Ltd.'s (SHSE:600711) Tunnel
Jan 29
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Chinese (SSE) Metals and Mining Industry Analysis
UpdatedJan 30, 2025
DataAggregated Company Financials
Companies198
- 7D0.9%
- 3M-1.7%
- 1Y16.7%
- YTD3.5%
Last week, the Metals and Mining industry hasn't moved much but Baoshan Iron & Steel is up 7.0% in that time. As for the the longer term, the industry is up 17% over the past 12 months. Looking forward, earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Chinese Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 31 Jan 2025 | CN¥2.7t | CN¥4.0t | CN¥97.8b | 26.7x | 27.3x | 0.7x |
| Sun, 29 Dec 2024 | CN¥2.7t | CN¥4.0t | CN¥97.8b | 27.6x | 27.3x | 0.7x |
| Tue, 26 Nov 2024 | CN¥2.7t | CN¥4.0t | CN¥97.8b | 27.4x | 27.6x | 0.7x |
| Thu, 24 Oct 2024 | CN¥2.8t | CN¥4.1t | CN¥115.3b | 27.9x | 24.3x | 0.7x |
| Sat, 21 Sep 2024 | CN¥2.3t | CN¥4.1t | CN¥114.4b | 21.8x | 19.9x | 0.6x |
| Mon, 19 Aug 2024 | CN¥2.4t | CN¥4.1t | CN¥113.5b | 22.9x | 20.8x | 0.6x |
| Wed, 17 Jul 2024 | CN¥2.6t | CN¥4.1t | CN¥112.3b | 26.3x | 23.2x | 0.6x |
| Fri, 14 Jun 2024 | CN¥2.6t | CN¥4.1t | CN¥111.8b | 26.6x | 23.5x | 0.6x |
| Sun, 12 May 2024 | CN¥2.9t | CN¥4.1t | CN¥113.9b | 29.7x | 25.4x | 0.7x |
| Tue, 09 Apr 2024 | CN¥2.9t | CN¥4.1t | CN¥120.7b | 29.4x | 23.8x | 0.7x |
| Thu, 07 Mar 2024 | CN¥2.5t | CN¥4.1t | CN¥117.1b | 28.1x | 21.7x | 0.6x |
| Sat, 03 Feb 2024 | CN¥2.2t | CN¥3.8t | CN¥104.0b | 24x | 21.4x | 0.6x |
| Mon, 01 Jan 2024 | CN¥2.6t | CN¥4.1t | CN¥111.9b | 30.9x | 23.3x | 0.6x |
| Wed, 29 Nov 2023 | CN¥2.6t | CN¥4.1t | CN¥111.5b | 31.2x | 23.7x | 0.6x |
| Fri, 27 Oct 2023 | CN¥2.6t | CN¥4.1t | CN¥101.0b | 29.7x | 26x | 0.6x |
| Sun, 24 Sep 2023 | CN¥2.8t | CN¥4.1t | CN¥101.3b | 31.1x | 27.3x | 0.7x |
| Tue, 22 Aug 2023 | CN¥2.8t | CN¥4.1t | CN¥115.9b | 29x | 23.8x | 0.7x |
| Thu, 20 Jul 2023 | CN¥2.8t | CN¥4.1t | CN¥118.3b | 30.9x | 23.5x | 0.7x |
| Sat, 17 Jun 2023 | CN¥2.7t | CN¥4.1t | CN¥118.3b | 30.2x | 23.2x | 0.7x |
| Mon, 15 May 2023 | CN¥2.8t | CN¥4.2t | CN¥120.6b | 28.5x | 23.3x | 0.7x |
| Wed, 12 Apr 2023 | CN¥3.0t | CN¥4.2t | CN¥141.1b | 30.9x | 21.3x | 0.7x |
| Fri, 10 Mar 2023 | CN¥3.0t | CN¥4.2t | CN¥134.5b | 31.6x | 22.6x | 0.7x |
| Sun, 05 Feb 2023 | CN¥3.1t | CN¥4.2t | CN¥134.5b | 32.7x | 23.1x | 0.7x |
| Tue, 03 Jan 2023 | CN¥2.9t | CN¥4.2t | CN¥151.8b | 29.9x | 19.2x | 0.7x |
| Thu, 01 Dec 2022 | CN¥3.1t | CN¥4.2t | CN¥151.8b | 30.8x | 20.4x | 0.7x |
| Sat, 29 Oct 2022 | CN¥2.9t | CN¥4.2t | CN¥160.3b | 27.9x | 18x | 0.7x |
| Mon, 26 Sep 2022 | CN¥3.1t | CN¥4.3t | CN¥180.8b | 28.7x | 17.3x | 0.7x |
| Wed, 24 Aug 2022 | CN¥3.4t | CN¥4.2t | CN¥193.3b | 29.8x | 17.7x | 0.8x |
| Fri, 22 Jul 2022 | CN¥3.4t | CN¥4.2t | CN¥196.9b | 31.3x | 17x | 0.8x |
| Sun, 19 Jun 2022 | CN¥3.4t | CN¥4.2t | CN¥197.0b | 27.7x | 17.1x | 0.8x |
| Tue, 17 May 2022 | CN¥2.9t | CN¥4.2t | CN¥196.6b | 25.1x | 14.9x | 0.7x |
| Thu, 14 Apr 2022 | CN¥3.2t | CN¥4.0t | CN¥202.5b | 25x | 16x | 0.8x |
| Sat, 12 Mar 2022 | CN¥3.3t | CN¥3.8t | CN¥194.1b | 28.4x | 17.2x | 0.9x |
| Mon, 07 Feb 2022 | CN¥3.2t | CN¥3.8t | CN¥195.4b | 27.3x | 16.4x | 0.8x |
Price to Earnings Ratio
16.4x
Current Industry PE
- Investors are optimistic on the Chinese Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 27.3x which is higher than its 3-year average PE of 21.6x.
- The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 21% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Chinese Materials industry?
| CN Market | 0.066% | |
| Materials | 0.53% | |
| Metals and Mining | 0.87% | |
| Steel | 2.71% | |
| Precious Metals and Minerals | 1.53% | |
| Copper | 0.51% | |
| Aluminum | 0.47% | |
| Silver | 0% | 0 |
| Diversified Metals and Mining | -0.35% | |
| Gold | -1.24% | |
Industry PE
- Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 22.7x.
- Analysts are expecting annual earnings growth of 19.2%, which is higher than its past year's earnings decline of 13.9% per year.
- Investors are most pessimistic about the Aluminum industry, which is trading close to its 3-year average of 17.9x.
Forecasted Growth
- Analysts are most optimistic on the Gold industry, expecting annual earnings growth of 29% over the next 5 years.
- However this is lower than its past earnings growth rate of 48% per year.
- In contrast, the Steel industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 600019 Baoshan Iron & Steel | CN¥7.01 | 7.0% +CN¥9.4b | 14.0% | PE16.2x | |
| 000932 Hunan Valin Steel | CN¥4.53 | 13.3% +CN¥3.7b | -16.9% | PE11.4x | |
| 000708 Citic Pacific Special Steel Group | CN¥11.65 | 4.7% +CN¥2.6b | -15.6% | PE11.3x | |
| 600282 Nanjing Iron & Steel | CN¥4.64 | 6.9% +CN¥1.8b | 25.4% | PE12.9x | |
| 600985 Huaibei Mining HoldingsLtd | CN¥14.15 | 5.0% +CN¥1.8b | -18.3% | PE7.2x |
