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- 7D-7.7%
- 3M19.7%
- 1Y70.5%
- YTD9.0%
Over the last 7 days, the Metals and Mining industry has dropped 4.0%, driven by declines in Zijin Mining Group and CMOC Group of 6.0% and 11%, respectively. In contrast, Gansu Jiu Steel Group Hongxing Iron & SteelLtd has gained 19%. In the past year, the industry has gained 78%. As for the next few years, earnings are expected to grow by 30% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 18 Mar 2026 | CN¥6.3t | CN¥4.8t | CN¥179.3b | 41.4x | 34.9x | 1.3x |
| Fri, 13 Feb 2026 | CN¥6.7t | CN¥4.8t | CN¥178.8b | 44.6x | 37.5x | 1.4x |
| Sun, 11 Jan 2026 | CN¥6.1t | CN¥4.8t | CN¥178.5b | 42.4x | 34x | 1.3x |
| Tue, 09 Dec 2025 | CN¥5.3t | CN¥4.8t | CN¥178.5b | 35.8x | 29.6x | 1.1x |
| Thu, 06 Nov 2025 | CN¥5.0t | CN¥4.8t | CN¥178.5b | 36.5x | 28.2x | 1.1x |
| Sat, 04 Oct 2025 | CN¥3.8t | CN¥4.1t | CN¥99.7b | 36.8x | 38.6x | 0.9x |
| Mon, 01 Sep 2025 | CN¥3.7t | CN¥4.1t | CN¥99.0b | 36.2x | 37.2x | 0.9x |
| Wed, 30 Jul 2025 | CN¥3.4t | CN¥4.1t | CN¥97.0b | 35x | 34.8x | 0.8x |
| Fri, 27 Jun 2025 | CN¥2.9t | CN¥4.0t | CN¥95.9b | 31.3x | 30.3x | 0.7x |
| Sun, 25 May 2025 | CN¥2.8t | CN¥4.0t | CN¥95.9b | 30x | 29.6x | 0.7x |
| Tue, 22 Apr 2025 | CN¥2.8t | CN¥4.0t | CN¥92.3b | 31.9x | 30.5x | 0.7x |
| Thu, 20 Mar 2025 | CN¥3.0t | CN¥4.0t | CN¥96.9b | 32.3x | 30.8x | 0.7x |
| Sat, 15 Feb 2025 | CN¥2.7t | CN¥4.0t | CN¥97.8b | 27.6x | 28x | 0.7x |
| Mon, 13 Jan 2025 | CN¥2.6t | CN¥4.0t | CN¥97.2b | 25.2x | 26.3x | 0.6x |
| Wed, 11 Dec 2024 | CN¥2.8t | CN¥4.0t | CN¥97.8b | 28.9x | 28.6x | 0.7x |
| Fri, 08 Nov 2024 | CN¥2.9t | CN¥4.0t | CN¥97.9b | 29.4x | 29.7x | 0.7x |
| Sun, 06 Oct 2024 | CN¥2.8t | CN¥4.1t | CN¥114.4b | 26.9x | 24.7x | 0.7x |
| Tue, 03 Sep 2024 | CN¥2.3t | CN¥4.1t | CN¥114.3b | 22.5x | 20.2x | 0.6x |
| Thu, 01 Aug 2024 | CN¥2.5t | CN¥4.1t | CN¥112.4b | 25.8x | 22.1x | 0.6x |
| Sat, 29 Jun 2024 | CN¥2.5t | CN¥4.1t | CN¥111.8b | 25.5x | 22.7x | 0.6x |
| Mon, 27 May 2024 | CN¥2.8t | CN¥4.1t | CN¥111.6b | 28.2x | 24.9x | 0.7x |
| Wed, 24 Apr 2024 | CN¥2.7t | CN¥4.2t | CN¥120.2b | 27.2x | 22.5x | 0.7x |
| Fri, 22 Mar 2024 | CN¥2.7t | CN¥4.1t | CN¥119.4b | 30x | 22.7x | 0.7x |
| Sun, 18 Feb 2024 | CN¥2.4t | CN¥4.1t | CN¥118.0b | 24.5x | 20.2x | 0.6x |
| Tue, 16 Jan 2024 | CN¥2.5t | CN¥4.1t | CN¥114.4b | 29.9x | 22.2x | 0.6x |
| Thu, 14 Dec 2023 | CN¥2.6t | CN¥4.1t | CN¥111.9b | 30.7x | 22.9x | 0.6x |
| Sat, 11 Nov 2023 | CN¥2.6t | CN¥4.1t | CN¥111.5b | 30.7x | 23.6x | 0.6x |
| Mon, 09 Oct 2023 | CN¥2.7t | CN¥4.1t | CN¥100.6b | 30.5x | 26.9x | 0.7x |
| Wed, 06 Sep 2023 | CN¥2.8t | CN¥4.1t | CN¥101.1b | 32x | 28x | 0.7x |
| Fri, 04 Aug 2023 | CN¥2.9t | CN¥4.1t | CN¥118.2b | 31.6x | 24.3x | 0.7x |
| Sun, 02 Jul 2023 | CN¥2.7t | CN¥4.1t | CN¥118.2b | 30.6x | 23x | 0.7x |
| Tue, 30 May 2023 | CN¥2.7t | CN¥4.2t | CN¥118.5b | 29.2x | 23.1x | 0.7x |
| Thu, 27 Apr 2023 | CN¥2.9t | CN¥4.1t | CN¥134.0b | 30x | 21.4x | 0.7x |
| Sat, 25 Mar 2023 | CN¥3.0t | CN¥4.2t | CN¥137.7b | 31.5x | 21.6x | 0.7x |
Price to Earnings Ratio
21.6x
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 36.4x which is higher than its 3-year average PE of 27.0x.
- The 3-year average PS ratio of 0.76x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 9.1% per year over the last three years.
- Revenues for these companies have grown 4.5% 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 Materials industry?
| CN Market | -2.70% | |
| Materials | -4.58% | |
| Metals and Mining | -7.72% | |
| Steel | -3.79% | |
| Aluminum | -4.94% | |
| Gold | -6.18% | |
| Precious Metals and Minerals | -9.45% | |
| Copper | -9.48% | |
| Diversified Metals and Mining | -11.08% | |
Industry PE
- Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio of 26.5x.
- Analysts are expecting annual earnings growth of 39.7%, which is higher than its past year's earnings decline of 0.9% per year.
- Investors are most pessimistic about the Gold industry, which is trading below its 3-year average of 36.7x.
Forecasted Growth
- Analysts are most optimistic on the Copper industry, expecting annual earnings growth of 40% over the next 5 years.
- This is better than its past earnings decline of 0.9% per year.
- In contrast, the Precious Metals and Minerals 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 | |
|---|---|---|---|---|---|
| 600307 Gansu Jiu Steel Group Hongxing Iron & SteelLtd | CN¥2.20 | 18.9% +CN¥2.2b | 43.8% | PS0.4x | |
| 000890 Jiangsu Fasten | CN¥13.42 | 54.1% +CN¥2.0b | 259.8% | PS22.7x | |
| 000723 Shanxi Meijin EnergyLtd | CN¥5.54 | 4.9% +CN¥1.1b | 13.5% | PS1.2x | |
| 601969 Hainan Mining | CN¥12.82 | 4.7% +CN¥1.1b | 75.9% | PE53.8x | |
| 603876 Jiangsu Dingsheng New Materials Ltd | CN¥20.95 | 5.2% +CN¥966.4m | 118.0% | PE50.8x |