China Rare Earth Resources And Technology Co., Ltd.'s (SZSE:000831) Intrinsic Value Is Potentially 42% Above Its Share Price
Apr 17
Chinese (SSE) Diversified Metals and Mining Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies59
- 7D-3.1%
- 3M26.8%
- 1Y-6.7%
- YTDn/a
Over the last 7 days, the Diversified Metals and Mining industry has dropped 3.1%, driven by declines in Henan Shenhuo Coal Industary and Electricity Power and Yintai Gold of 6.6% and 5.6%, respectively. Meanwhile, Inner Mongolia ERDOS ResourcesLtd actually outperformed within the industry, gaining 9.0% in the last week. Overall the industry is down 6.7% in 12 months. Earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Chinese Diversified Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | CN¥998.6b | CN¥856.1b | CN¥41.4b | 35.3x | 24.1x | 1.2x |
| Wed, 20 Mar 2024 | CN¥950.6b | CN¥861.7b | CN¥42.2b | 32.9x | 22.5x | 1.1x |
| Fri, 16 Feb 2024 | CN¥819.4b | CN¥863.6b | CN¥42.7b | 27.9x | 19.2x | 0.9x |
| Sun, 14 Jan 2024 | CN¥880.6b | CN¥864.8b | CN¥42.0b | 31.4x | 21x | 1x |
| Tue, 12 Dec 2023 | CN¥869.8b | CN¥839.4b | CN¥39.7b | 32.6x | 21.9x | 1x |
| Thu, 09 Nov 2023 | CN¥886.4b | CN¥838.5b | CN¥39.6b | 30.4x | 22.4x | 1.1x |
| Sat, 07 Oct 2023 | CN¥910.8b | CN¥824.9b | CN¥39.3b | 35.8x | 23.2x | 1.1x |
| Mon, 04 Sep 2023 | CN¥928.8b | CN¥824.8b | CN¥39.3b | 37.8x | 23.6x | 1.1x |
| Wed, 02 Aug 2023 | CN¥1.0t | CN¥835.2b | CN¥44.5b | 35.6x | 22.5x | 1.2x |
| Fri, 30 Jun 2023 | CN¥934.9b | CN¥834.0b | CN¥44.5b | 36.7x | 21x | 1.1x |
| Sun, 28 May 2023 | CN¥953.3b | CN¥834.9b | CN¥44.8b | 38.3x | 21.3x | 1.1x |
| Tue, 25 Apr 2023 | CN¥1.0t | CN¥820.5b | CN¥48.9b | 34.3x | 20.8x | 1.2x |
| Thu, 23 Mar 2023 | CN¥1.0t | CN¥821.5b | CN¥49.9b | 34.8x | 21x | 1.3x |
| Sat, 18 Feb 2023 | CN¥1.1t | CN¥820.3b | CN¥48.4b | 36x | 22.4x | 1.3x |
| Mon, 16 Jan 2023 | CN¥1.2t | CN¥850.6b | CN¥66.0b | 32x | 17.8x | 1.4x |
| Wed, 14 Dec 2022 | CN¥1.2t | CN¥849.8b | CN¥65.6b | 33.6x | 18.2x | 1.4x |
| Fri, 11 Nov 2022 | CN¥1.2t | CN¥849.9b | CN¥65.8b | 35.4x | 18.8x | 1.5x |
| Sun, 09 Oct 2022 | CN¥1.1t | CN¥830.0b | CN¥60.5b | 30.5x | 18.9x | 1.4x |
| Tue, 06 Sep 2022 | CN¥1.2t | CN¥830.5b | CN¥60.6b | 33.8x | 20.4x | 1.5x |
| Thu, 04 Aug 2022 | CN¥1.3t | CN¥790.2b | CN¥53.8b | 36.4x | 24.2x | 1.6x |
| Sat, 02 Jul 2022 | CN¥1.4t | CN¥789.3b | CN¥53.6b | 38.3x | 26.4x | 1.8x |
| Mon, 30 May 2022 | CN¥1.2t | CN¥789.3b | CN¥53.6b | 32.4x | 22.3x | 1.5x |
| Wed, 27 Apr 2022 | CN¥981.7b | CN¥726.0b | CN¥42.1b | 29.6x | 23.3x | 1.4x |
| Fri, 25 Mar 2022 | CN¥1.3t | CN¥645.6b | CN¥38.6b | 40.8x | 33.6x | 2x |
| Sun, 20 Feb 2022 | CN¥1.4t | CN¥633.2b | CN¥34.7b | 45.7x | 39.9x | 2.2x |
| Tue, 18 Jan 2022 | CN¥1.3t | CN¥660.3b | CN¥35.7b | 45.6x | 36.9x | 2x |
| Thu, 16 Dec 2021 | CN¥1.4t | CN¥661.2b | CN¥35.8b | 49.9x | 40.2x | 2.2x |
| Sat, 13 Nov 2021 | CN¥1.4t | CN¥659.4b | CN¥35.4b | 46.3x | 38.7x | 2.1x |
| Mon, 11 Oct 2021 | CN¥1.3t | CN¥617.6b | CN¥28.7b | 45.7x | 46.4x | 2.2x |
| Wed, 08 Sep 2021 | CN¥1.6t | CN¥619.0b | CN¥28.7b | 50.9x | 55.9x | 2.6x |
| Fri, 06 Aug 2021 | CN¥1.5t | CN¥618.5b | CN¥28.5b | 47.3x | 51.9x | 2.4x |
| Mon, 10 May 2021 | CN¥976.9b | CN¥569.6b | CN¥20.4b | 44.7x | 47.9x | 1.7x |
Price to Earnings Ratio
47.9x
Current Industry PE
- Investors are pessimistic on the Chinese Diversified Metals and Mining industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 24.1x which is lower than its 3-year average PE of 28.6x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Diversified Metals and Mining industry have grown 27% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Diversified Metals and Mining compare with similar industries?
| CN Market | -0.40% | |
| Materials | -1.25% | |
| Metals and Mining | -1.35% | |
| Diversified Metals and Mining | -3.09% | |
| Steel | 2.11% | |
| Silver | 0% | |
| Copper | -0.35% | |
| Aluminum | -3.03% | |
| Gold | -5.74% | |
| Precious Metals and Minerals | -10.17% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 600295 Inner Mongolia ERDOS ResourcesLtd | CN¥12.47 | 4.9% +CN¥1.6b | 22.4% | PE12x | |
| 300855 Jiangsu ToLand AlloyLtd | CN¥24.26 | 9.1% +CN¥798.5m | -36.1% | PE29x | |
| 300618 Nanjing Hanrui CobaltLtd | CN¥30.40 | 6.7% +CN¥593.2m | -11.2% | PE68.7x | |
| 605376 Jiangsu Boqian New Materials Stock | CN¥21.65 | 3.1% +CN¥172.7m | -41.8% | PE182.6x | |
| 688231 Jiangsu Longda Superalloy | CN¥15.25 | 3.8% +CN¥138.2m | -45.0% | PE66.4x |
