Header cover image

Chinese (SSE) Metals and Mining Industry Analysis

UpdatedJun 22, 2024
DataAggregated Company Financials
Companies199
  • 7D-2.1%
  • 3M-3.7%
  • 1Y-5.2%
  • YTD-3.3%

Over the last 7 days, the Metals and Mining industry has dropped 1.4%, driven by declines in Zhejiang Huayou Cobalt and Baoshan Iron & Steel of 11% and 3.2%, respectively. The industry has fallen 4.8% in the last year. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

Has the Chinese Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Jun 2024CN¥2.6tCN¥4.1tCN¥111.8b26.5x23.1x0.6x
Mon, 20 May 2024CN¥2.9tCN¥4.1tCN¥111.8b29.6x25.7x0.7x
Wed, 17 Apr 2024CN¥2.9tCN¥4.1tCN¥121.9b26.5x23.6x0.7x
Fri, 15 Mar 2024CN¥2.6tCN¥4.1tCN¥117.3b29.1x22.2x0.6x
Sun, 11 Feb 2024CN¥2.4tCN¥4.1tCN¥116.5b24.5x20.5x0.6x
Tue, 09 Jan 2024CN¥2.6tCN¥4.1tCN¥114.5b30x22.3x0.6x
Thu, 07 Dec 2023CN¥2.6tCN¥4.1tCN¥111.8b31.1x23.4x0.6x
Sat, 04 Nov 2023CN¥2.6tCN¥4.1tCN¥111.5b30.2x23.7x0.6x
Mon, 02 Oct 2023CN¥2.7tCN¥4.1tCN¥100.7b30.6x27x0.7x
Wed, 30 Aug 2023CN¥2.7tCN¥4.1tCN¥109.3b30x25x0.7x
Fri, 28 Jul 2023CN¥2.8tCN¥4.1tCN¥118.2b31.2x23.9x0.7x
Sun, 25 Jun 2023CN¥2.7tCN¥4.1tCN¥118.2b29.5x22.5x0.6x
Tue, 23 May 2023CN¥2.7tCN¥4.2tCN¥120.8b29.5x22.6x0.7x
Thu, 20 Apr 2023CN¥3.1tCN¥4.2tCN¥138.9b31.3x22x0.7x
Sat, 18 Mar 2023CN¥3.0tCN¥4.2tCN¥134.6b31.5x22x0.7x
Mon, 13 Feb 2023CN¥3.1tCN¥4.2tCN¥134.5b32.9x22.8x0.7x
Wed, 11 Jan 2023CN¥3.0tCN¥4.2tCN¥151.8b30.4x20x0.7x
Fri, 09 Dec 2022CN¥3.1tCN¥4.2tCN¥151.8b30.7x20.5x0.7x
Sun, 06 Nov 2022CN¥3.1tCN¥4.2tCN¥156.6b30x19.8x0.7x
Tue, 04 Oct 2022CN¥2.9tCN¥4.3tCN¥180.8b26.9x16.3x0.7x
Thu, 01 Sep 2022CN¥3.2tCN¥4.2tCN¥185.1b28.8x17.2x0.8x
Sat, 30 Jul 2022CN¥3.4tCN¥4.2tCN¥197.6b32.2x17.2x0.8x
Mon, 27 Jun 2022CN¥3.4tCN¥4.2tCN¥197.0b29.1x17x0.8x
Wed, 25 May 2022CN¥3.0tCN¥4.2tCN¥196.6b25.2x15.4x0.7x
Fri, 22 Apr 2022CN¥3.0tCN¥4.0tCN¥200.3b23.7x15x0.7x
Sun, 20 Mar 2022CN¥3.2tCN¥3.8tCN¥196.7b26.8x16.4x0.8x
Tue, 15 Feb 2022CN¥3.4tCN¥3.8tCN¥195.3b28.1x17.4x0.9x
Thu, 13 Jan 2022CN¥3.5tCN¥3.8tCN¥194.8b30.3x17.9x0.9x
Sat, 11 Dec 2021CN¥3.6tCN¥3.8tCN¥194.9b30.7x18.6x0.9x
Mon, 08 Nov 2021CN¥3.2tCN¥3.8tCN¥190.3b26.9x16.9x0.8x
Wed, 06 Oct 2021CN¥3.4tCN¥3.5tCN¥167.0b29.5x20.4x1x
Fri, 03 Sep 2021CN¥3.8tCN¥3.5tCN¥166.6b34.3x22.9x1.1x
Sun, 01 Aug 2021CN¥3.4tCN¥3.5tCN¥166.5b29.3x20.5x1x
Price to Earnings Ratio

16.8x


Total Market Cap: CN¥2.8tTotal Earnings: CN¥166.1bTotal Revenue: CN¥3.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Metals and Mining Industry Price to Earnings3Y Average 20.6x202220232024
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 23.2x which is higher than its 3-year average PE of 20.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.76x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 12% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.7% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Chinese Materials industry?

CN Market-1.90%
Materials-2.21%
Metals and Mining-2.12%
Gold2.03%
Silver0%
Copper-1.50%
Aluminum-1.69%
Precious Metals and Minerals-2.19%
Diversified Metals and Mining-2.41%
Steel-3.15%
Industry PE
  • Investors are most optimistic about the Precious Metals and Minerals industry which is trading above its 3-year average PE ratio of 32.1x.
    • Analysts are expecting annual earnings growth of 26.1%, which is higher than its past year's earnings decline of 7.1% per year.
  • Investors are most pessimistic about the Aluminum industry, which is trading close to its 3-year average of 18.3x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 5.0% per year.
  • In contrast, the Aluminum industry is expected to see its earnings grow by 20% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
600489 Zhongjin GoldLtdCN¥15.024.7%
+CN¥3.3b
49.5%PE22.6x
600547 Shandong Gold MiningCN¥27.971.4%
+CN¥1.7b
19.8%PE61.8x
300930 Hangzhou Yitong New MaterialCN¥27.8666.1%
+CN¥1.1b
17.4%PE60.1x
600711 Chengtun Mining GroupCN¥3.8110.1%
+CN¥1.1b
-18.6%PE23.4x
600219 Shandong Nanshan AluminiumLtdCN¥3.811.9%
+CN¥819.6m
27.4%PE11.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

807

CN¥13.48

Yunnan Aluminium

7D

-6.0%

1Y

6.3%

2756

CN¥38.95

Yongxing Special Materials TechnologyLtd

7D

-8.6%

1Y

-38.6%

600711

CN¥3.81

Chengtun Mining Group

7D

10.1%

1Y

-18.6%