Chinese (SSE) Metals and Mining Industry Analysis

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
Tue, 02 Jun 2026	CN¥6.2t	CN¥5.1t	CN¥238.5b	35.9x	25.9x	1.2x
Thu, 30 Apr 2026	CN¥6.6t	CN¥5.1t	CN¥239.8b	44.7x	27.6x	1.3x
Sat, 28 Mar 2026	CN¥5.8t	CN¥4.8t	CN¥190.8b	39x	30.5x	1.2x
Mon, 23 Feb 2026	CN¥6.5t	CN¥4.8t	CN¥178.8b	43.7x	36.3x	1.4x
Wed, 21 Jan 2026	CN¥6.3t	CN¥4.8t	CN¥178.6b	43.7x	35.1x	1.3x
Fri, 19 Dec 2025	CN¥5.2t	CN¥4.8t	CN¥178.5b	35.8x	29.2x	1.1x
Sun, 16 Nov 2025	CN¥5.2t	CN¥4.8t	CN¥178.5b	35.7x	29.3x	1.1x
Tue, 14 Oct 2025	CN¥4.9t	CN¥4.5t	CN¥139.9b	38.3x	35.3x	1.1x
Thu, 11 Sep 2025	CN¥3.7t	CN¥4.1t	CN¥99.8b	36x	36.9x	0.9x
Sat, 09 Aug 2025	CN¥3.4t	CN¥4.1t	CN¥97.0b	34.3x	35x	0.8x
Mon, 07 Jul 2025	CN¥3.0t	CN¥4.1t	CN¥96.9b	32.5x	31.3x	0.7x
Wed, 04 Jun 2025	CN¥2.8t	CN¥4.0t	CN¥95.9b	30x	29.4x	0.7x
Fri, 02 May 2025	CN¥2.8t	CN¥4.1t	CN¥94.0b	28.6x	29.5x	0.7x
Sun, 30 Mar 2025	CN¥2.9t	CN¥4.0t	CN¥95.6b	30.1x	30.3x	0.7x
Tue, 25 Feb 2025	CN¥2.7t	CN¥4.0t	CN¥97.9b	27.6x	28.1x	0.7x
Thu, 23 Jan 2025	CN¥2.6t	CN¥4.0t	CN¥97.8b	26.9x	27.1x	0.7x
Sat, 21 Dec 2024	CN¥2.7t	CN¥4.0t	CN¥97.8b	28.2x	27.6x	0.7x
Mon, 18 Nov 2024	CN¥2.7t	CN¥4.0t	CN¥97.8b	27.4x	27.8x	0.7x
Wed, 16 Oct 2024	CN¥2.7t	CN¥4.1t	CN¥114.6b	25.8x	23.3x	0.6x
Fri, 13 Sep 2024	CN¥2.2t	CN¥4.1t	CN¥114.4b	22.1x	19.4x	0.5x
Sun, 11 Aug 2024	CN¥2.4t	CN¥4.1t	CN¥112.6b	24.5x	21.2x	0.6x
Tue, 09 Jul 2024	CN¥2.5t	CN¥4.1t	CN¥111.8b	25.2x	22.7x	0.6x
Thu, 06 Jun 2024	CN¥2.7t	CN¥4.1t	CN¥111.8b	27.3x	24.1x	0.7x
Sat, 04 May 2024	CN¥2.8t	CN¥4.1t	CN¥114.2b	29x	24.5x	0.7x
Mon, 01 Apr 2024	CN¥2.7t	CN¥4.1t	CN¥121.1b	27x	22.4x	0.7x
Wed, 28 Feb 2024	CN¥2.5t	CN¥4.1t	CN¥116.7b	26.9x	21.4x	0.6x
Fri, 26 Jan 2024	CN¥2.4t	CN¥4.1t	CN¥115.1b	27.9x	21.2x	0.6x
Sun, 24 Dec 2023	CN¥2.5t	CN¥4.1t	CN¥111.9b	30x	22.6x	0.6x
Tue, 21 Nov 2023	CN¥2.7t	CN¥4.1t	CN¥111.3b	31.5x	24.1x	0.7x
Thu, 19 Oct 2023	CN¥2.7t	CN¥4.1t	CN¥100.7b	30x	26.4x	0.7x
Sat, 16 Sep 2023	CN¥2.8t	CN¥4.1t	CN¥101.0b	31.9x	27.6x	0.7x
Mon, 14 Aug 2023	CN¥2.8t	CN¥4.1t	CN¥117.9b	30.3x	23.6x	0.7x
Wed, 12 Jul 2023	CN¥2.8t	CN¥4.1t	CN¥118.4b	31.7x	23.6x	0.7x
Fri, 09 Jun 2023	CN¥2.7t	CN¥4.1t	CN¥118.3b	29.4x	22.9x	0.7x

Current Industry PE

Investors are relatively neutral on the Chinese Metals and Mining industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 27.4x.

The 3-year average PS ratio of 0.80x is lower than the industry's current PS ratio of 1.2x.

Past Earnings Growth

The earnings for companies in the Metals and Mining industry have grown 26% per year over the last three years.
Revenues for these companies have grown 7.4% 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	-1.83%
Materials	-3.05%
Metals and Mining	-1.88%
Copper	3.88%
Precious Metals and Minerals	2.25%
Diversified Metals and Mining	-1.90%
Steel	-1.97%
Gold	-2.61%
Aluminum	-3.06%

Industry PE

Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 41.3x.

Analysts are expecting annual earnings growth of 33.6%, which is higher than its past year's earnings growth of 2.7% per year.

Investors are most pessimistic about the Gold industry, which is trading below its 3-year average of 34.2x.

Forecasted Growth

Analysts are most optimistic on the Copper industry, expecting annual earnings growth of 37% over the next 5 years.
This is better than its past earnings growth rate of 30% per year.

In contrast, the Precious Metals and Minerals industry is expected to see its earnings grow by 13% 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
605376 Jiangsu Boqian New Materials Stock	CN¥190.64	19.5% +CN¥8.1b	495.6%	PE205.3x
600985 Huaibei Mining HoldingsLtd	CN¥15.68	15.2% +CN¥5.6b	27.0%	PE419.6x
002552 Baoding Technology	CN¥60.78	26.2% +CN¥4.9b	344.3%	PE136.8x
000630 Tongling Nonferrous Metals GroupLtd	CN¥7.08	3.7% +CN¥3.4b	122.6%	PE36.1x
600549 Xiamen TungstenLtd	CN¥55.81	3.4% +CN¥3.0b	181.2%	PE29.2x

Company

Last Price

Valuation

605376 Jiangsu Boqian New Materials Stock

CN¥190.64

19.5%
+CN¥8.1b

495.6%

PE205.3x

600985 Huaibei Mining HoldingsLtd

CN¥15.68

15.2%
+CN¥5.6b

27.0%

PE419.6x

002552 Baoding Technology

CN¥60.78

26.2%
+CN¥4.9b

344.3%

PE136.8x

000630 Tongling Nonferrous Metals GroupLtd

CN¥7.08

3.7%
+CN¥3.4b

122.6%

PE36.1x

600549 Xiamen TungstenLtd

CN¥55.81

3.4%
+CN¥3.0b

181.2%

PE29.2x

CMOC Group Limited Approves Final Dividend for the Financial Year End 31 December 2025, Payable on 24 June 2026

CMOC Group Limited at its 2025 annual general meeting, the 2026 first class meeting of A Shareholders and the 2026 first class meeting of H Shareholders held on 28 April 2026, Company will pay a Final Dividend of RMB 0.286 per Share (tax inclusive) for the year ended 31 December 2025 to H Shareholders whose names appeared on the register of members of H Shares of the Company (the ‘H Shares Register of Members’) on 26 May 2026 (the ‘Reference Date’). The actual amount of H Shares dividend paid in Hong Kong dollars is calculated based on the average of the central parity rate of Renminbi against Hong Kong dollar as announced by the People's Bank of China one calendar week immediately preceding 28 April 2026, the date of the AGM at which the Final Dividend is declared, (i.e. RMB 0.876156 against HKD 1.00), being a cash dividend of HKD 0.32643 per H Share (tax inclusive). In order to determine the list of H Shareholders who are entitled to receive the Final Dividend, the H Shares Register of Members will be closed from 20 May 2026 to 26 May 2026 (both days inclusive), during which period no transfer of H Shares will be effected. H Shareholders whose names appear on the H Shares Register of Members on the Reference Date (i.e. 26 May 2026) will be entitled to receive the Final Dividend. In order for the H Shareholders to qualify for receiving the Final Dividend, H Shareholders whose H Shares are not registered in their names should complete and lodge their respective instruments of transfer together with the relevant H Share certificates with Computershare Hong Kong Investor Services Limited, the Company's H Share registrar in Hong Kong, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, and in any case no later than 4:30 p.m. on 19 May 2026. The Company will appoint a receiving agent in Hong Kong (the ‘Receiving Agent’) and will pay to such Receiving Agent the Final Dividend declared for payment to H Shareholders. The Final Dividend will be paid by the Receiving Agent on 24 June 2026.

Chinese (SSE) Metals and Mining Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Investor sentiment deteriorates as stock falls 15%

Tongling Nonferrous Metals Group Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2025, Payable on 8 June 2026

Now 23% overvalued after recent price rise

Now 24% undervalued after recent price drop

Zijin Mining Group Company Limited, Annual General Meeting, Jun 05, 2026

Shandong Gold Mining Co., Ltd., Annual General Meeting, Jun 03, 2026

Price target increased by 7.0% to CN¥59.45

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 25%

Consensus revenue estimates increase by 41%

Price target increased by 27% to CN¥31.78

New major risk - Earnings quality

First quarter 2026 earnings released: EPS: CN¥0.18 (vs CN¥0.26 in 1Q 2025)

CMOC Group Limited Approves Final Dividend for the Financial Year End 31 December 2025, Payable on 24 June 2026

First quarter 2026 earnings released: EPS: CN¥0.52 (vs CN¥0.049 loss in 1Q 2025)

First quarter 2026 earnings released: EPS: CN¥0.11 (vs CN¥0.07 in 1Q 2025)