China Rare Earth Resources And Technology Co., Ltd.'s (SZSE:000831) 30% Price Boost Is Out Of Tune With Revenues
Nov 14
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Chinese (SSE) Diversified Metals and Mining Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies58
- 7D-4.0%
- 3M26.2%
- 1Y13.1%
- YTDn/a
Over the last 7 days, the Diversified Metals and Mining industry has dropped 4.9%, driven by China Northern Rare Earth (Group) High-TechLtd declining 8.3%. In contrast, GuoCheng MiningLTD has gained 15%. This takes the industry's 12 month performance to a gain of 10%. Looking forward, earnings are forecast to grow by 29% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CN¥940.7b | CN¥759.8b | CN¥37.6b | 33.3x | 25x | 1.2x |
| Sat, 19 Oct 2024 | CN¥970.9b | CN¥858.3b | CN¥41.2b | 30.2x | 23.5x | 1.1x |
| Mon, 16 Sep 2024 | CN¥772.4b | CN¥856.3b | CN¥41.1b | 26.3x | 18.8x | 0.9x |
| Wed, 14 Aug 2024 | CN¥820.9b | CN¥851.1b | CN¥39.6b | 27.7x | 20.7x | 1x |
| Fri, 12 Jul 2024 | CN¥918.0b | CN¥849.9b | CN¥38.4b | 29.6x | 23.9x | 1.1x |
| Sun, 09 Jun 2024 | CN¥947.2b | CN¥849.9b | CN¥38.4b | 30.3x | 24.7x | 1.1x |
| Tue, 07 May 2024 | CN¥991.9b | CN¥848.0b | CN¥38.3b | 31.3x | 25.9x | 1.2x |
| Thu, 04 Apr 2024 | CN¥1.0t | CN¥860.3b | CN¥43.0b | 36x | 23.5x | 1.2x |
| Sat, 02 Mar 2024 | CN¥868.4b | CN¥863.6b | CN¥42.7b | 29.8x | 20.3x | 1x |
| Mon, 29 Jan 2024 | CN¥838.7b | CN¥863.6b | CN¥42.7b | 29.6x | 19.6x | 1x |
| Wed, 27 Dec 2023 | CN¥853.4b | CN¥839.4b | CN¥39.7b | 32.2x | 21.5x | 1x |
| Fri, 24 Nov 2023 | CN¥889.6b | CN¥838.6b | CN¥39.6b | 30.9x | 22.4x | 1.1x |
| Sun, 22 Oct 2023 | CN¥869.5b | CN¥825.3b | CN¥39.4b | 34.9x | 22.1x | 1.1x |
| Tue, 19 Sep 2023 | CN¥946.9b | CN¥824.9b | CN¥39.3b | 37.6x | 24.1x | 1.1x |
| Thu, 17 Aug 2023 | CN¥941.9b | CN¥836.5b | CN¥44.6b | 31.2x | 21.1x | 1.1x |
| Sat, 15 Jul 2023 | CN¥987.2b | CN¥835.0b | CN¥44.6b | 36.5x | 22.1x | 1.2x |
| Mon, 12 Jun 2023 | CN¥957.1b | CN¥834.7b | CN¥44.7b | 36.7x | 21.4x | 1.1x |
| Wed, 10 May 2023 | CN¥995.6b | CN¥838.3b | CN¥46.9b | 34x | 21.2x | 1.2x |
| Fri, 07 Apr 2023 | CN¥1.0t | CN¥823.5b | CN¥51.1b | 34.1x | 20.3x | 1.3x |
| Sun, 05 Mar 2023 | CN¥1.1t | CN¥819.1b | CN¥48.3b | 37.6x | 22.6x | 1.3x |
| Tue, 31 Jan 2023 | CN¥1.3t | CN¥852.1b | CN¥66.0b | 36.3x | 19.2x | 1.5x |
| Thu, 29 Dec 2022 | CN¥1.1t | CN¥850.0b | CN¥65.7b | 33.3x | 17.3x | 1.3x |
| Sat, 26 Nov 2022 | CN¥1.2t | CN¥849.6b | CN¥65.6b | 33.8x | 18.1x | 1.4x |
| Mon, 24 Oct 2022 | CN¥1.2t | CN¥829.6b | CN¥61.3b | 31.6x | 18.8x | 1.4x |
| Wed, 21 Sep 2022 | CN¥1.3t | CN¥830.1b | CN¥60.5b | 33.6x | 20.7x | 1.5x |
| Fri, 19 Aug 2022 | CN¥1.3t | CN¥783.4b | CN¥54.2b | 38.5x | 24.8x | 1.7x |
| Sun, 17 Jul 2022 | CN¥1.3t | CN¥794.9b | CN¥53.7b | 36.7x | 24.8x | 1.7x |
| Tue, 14 Jun 2022 | CN¥1.4t | CN¥789.3b | CN¥53.6b | 36.7x | 25.6x | 1.7x |
| Thu, 12 May 2022 | CN¥1.1t | CN¥790.7b | CN¥53.0b | 31.9x | 21.6x | 1.5x |
| Sat, 09 Apr 2022 | CN¥1.3t | CN¥698.4b | CN¥39.8b | 39.2x | 31.6x | 1.8x |
| Mon, 07 Mar 2022 | CN¥1.4t | CN¥636.5b | CN¥35.2b | 43.7x | 39.9x | 2.2x |
| Wed, 02 Feb 2022 | CN¥1.2t | CN¥660.3b | CN¥35.7b | 41.4x | 34x | 1.8x |
| Fri, 31 Dec 2021 | CN¥1.4t | CN¥660.3b | CN¥35.7b | 46.4x | 38.3x | 2.1x |
| Sun, 28 Nov 2021 | CN¥1.5t | CN¥660.7b | CN¥35.5b | 51.4x | 42.8x | 2.3x |
Price to Earnings Ratio
42.8x
Current Industry PE
- Investors are relatively neutral on the Chinese Diversified 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 24.0x.
- The 3-year average PS ratio of 1.3x 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 remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Chinese Diversified Metals and Mining compare with similar industries?
| CN Market | -3.39% | |
| Materials | -2.32% | |
| Metals and Mining | -2.94% | |
| Diversified Metals and Mining | -4.03% | |
| Silver | 0% | |
| Gold | -0.11% | |
| Steel | -2.28% | |
| Copper | -2.90% | |
| Aluminum | -3.75% | |
| Precious Metals and Minerals | -5.28% | |
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 | |
|---|---|---|---|---|---|
| 000975 Shanjin International Gold | CN¥17.26 | 4.0% +CN¥1.9b | 22.0% | PE23.6x | |
| 002155 Hunan Gold | CN¥16.73 | 9.1% +CN¥1.7b | 45.1% | PE26.1x | |
| 000426 Inner Mongolia Xingye Silver &Tin MiningLtd | CN¥13.39 | 6.0% +CN¥1.4b | 48.4% | PE14.3x | |
| 000969 Advanced Technology & Materials | CN¥12.19 | 10.6% +CN¥1.2b | 24.1% | PE32.5x | |
| 603979 JCHX Mining ManagementLtd | CN¥41.97 | 4.7% +CN¥1.2b | 18.2% | PE18.5x |
