Tongling Nonferrous Metals GroupLtd (SZSE:000630) Has A Somewhat Strained Balance Sheet
Sep 20
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Chinese (SSE) Metals and Mining Industry Analysis
UpdatedSep 20, 2024
DataAggregated Company Financials
Companies199
- 7D2.1%
- 3M-12.0%
- 1Y-18.1%
- YTD-14.8%
In the last week, the Metals and Mining industry is up 2.1%, with Yunnan Aluminium leading the way with a 9.7% gain. In contrast, the industry has lost 18% in the last 12 months. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Sep 2024 | CN¥2.3t | CN¥4.1t | CN¥114.4b | 21.8x | 19.8x | 0.5x |
| Mon, 19 Aug 2024 | CN¥2.4t | CN¥4.1t | CN¥113.5b | 22.9x | 20.8x | 0.6x |
| Wed, 17 Jul 2024 | CN¥2.6t | CN¥4.1t | CN¥112.3b | 26.3x | 23.2x | 0.6x |
| Fri, 14 Jun 2024 | CN¥2.6t | CN¥4.1t | CN¥111.8b | 26.6x | 23.5x | 0.6x |
| Sun, 12 May 2024 | CN¥2.9t | CN¥4.1t | CN¥113.9b | 29.7x | 25.4x | 0.7x |
| Tue, 09 Apr 2024 | CN¥2.9t | CN¥4.1t | CN¥120.7b | 29.4x | 23.8x | 0.7x |
| Thu, 07 Mar 2024 | CN¥2.5t | CN¥4.1t | CN¥117.1b | 28.1x | 21.7x | 0.6x |
| Sat, 03 Feb 2024 | CN¥2.2t | CN¥3.8t | CN¥104.0b | 24x | 21.4x | 0.6x |
| Mon, 01 Jan 2024 | CN¥2.6t | CN¥4.1t | CN¥111.9b | 30.9x | 23.3x | 0.6x |
| Wed, 29 Nov 2023 | CN¥2.6t | CN¥4.1t | CN¥111.5b | 31.2x | 23.7x | 0.6x |
| Fri, 27 Oct 2023 | CN¥2.6t | CN¥4.1t | CN¥101.0b | 29.7x | 26x | 0.6x |
| Sun, 24 Sep 2023 | CN¥2.8t | CN¥4.1t | CN¥101.3b | 31.1x | 27.3x | 0.7x |
| Tue, 22 Aug 2023 | CN¥2.8t | CN¥4.1t | CN¥115.9b | 29x | 23.8x | 0.7x |
| Thu, 20 Jul 2023 | CN¥2.8t | CN¥4.1t | CN¥118.3b | 30.9x | 23.5x | 0.7x |
| Sat, 17 Jun 2023 | CN¥2.7t | CN¥4.1t | CN¥118.3b | 30.2x | 23.2x | 0.7x |
| Mon, 15 May 2023 | CN¥2.8t | CN¥4.2t | CN¥120.6b | 28.5x | 23.3x | 0.7x |
| Wed, 12 Apr 2023 | CN¥3.0t | CN¥4.2t | CN¥141.1b | 30.9x | 21.3x | 0.7x |
| Fri, 10 Mar 2023 | CN¥3.0t | CN¥4.2t | CN¥134.5b | 31.6x | 22.6x | 0.7x |
| Sun, 05 Feb 2023 | CN¥3.1t | CN¥4.2t | CN¥134.5b | 32.7x | 23.1x | 0.7x |
| Tue, 03 Jan 2023 | CN¥2.9t | CN¥4.2t | CN¥151.8b | 29.9x | 19.2x | 0.7x |
| Thu, 01 Dec 2022 | CN¥3.1t | CN¥4.2t | CN¥151.8b | 30.8x | 20.4x | 0.7x |
| Sat, 29 Oct 2022 | CN¥2.9t | CN¥4.2t | CN¥160.3b | 27.9x | 18x | 0.7x |
| Mon, 26 Sep 2022 | CN¥3.1t | CN¥4.3t | CN¥180.8b | 28.7x | 17.3x | 0.7x |
| Wed, 24 Aug 2022 | CN¥3.4t | CN¥4.2t | CN¥193.3b | 29.8x | 17.7x | 0.8x |
| Fri, 22 Jul 2022 | CN¥3.4t | CN¥4.2t | CN¥196.9b | 31.3x | 17x | 0.8x |
| Sun, 19 Jun 2022 | CN¥3.4t | CN¥4.2t | CN¥197.0b | 27.7x | 17.1x | 0.8x |
| Tue, 17 May 2022 | CN¥2.9t | CN¥4.2t | CN¥196.6b | 25.1x | 14.9x | 0.7x |
| Thu, 14 Apr 2022 | CN¥3.2t | CN¥4.0t | CN¥202.5b | 25x | 16x | 0.8x |
| Sat, 12 Mar 2022 | CN¥3.3t | CN¥3.8t | CN¥194.1b | 28.4x | 17.2x | 0.9x |
| Mon, 07 Feb 2022 | CN¥3.2t | CN¥3.8t | CN¥195.4b | 27.3x | 16.4x | 0.8x |
| Wed, 05 Jan 2022 | CN¥3.5t | CN¥3.8t | CN¥194.8b | 30.6x | 17.9x | 0.9x |
| Fri, 03 Dec 2021 | CN¥3.6t | CN¥3.8t | CN¥194.4b | 31x | 18.6x | 0.9x |
| Sun, 31 Oct 2021 | CN¥3.3t | CN¥3.6t | CN¥176.1b | 28.9x | 18.6x | 0.9x |
| Tue, 28 Sep 2021 | CN¥3.5t | CN¥3.5t | CN¥167.1b | 29.6x | 20.9x | 1x |
Price to Earnings Ratio
20.9x
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 20.7x.
- The industry is trading close to its 3-year average PS ratio of 0.73x.
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 | 0.42% | |
| Materials | 1.13% | |
| Metals and Mining | 2.13% | |
| Copper | 4.82% | |
| Gold | 3.12% | |
| Aluminum | 3.08% | |
| Diversified Metals and Mining | 2.16% | |
| Precious Metals and Minerals | 1.53% | |
| Steel | 1.12% | |
| Silver | 0% | |
Industry PE
- Investors are most optimistic about the Precious Metals and Minerals industry, which is trading close to its 3-year average PE ratio of 32.0x.
- Analysts are expecting annual earnings growth of 27.3%, which is higher than its past year's earnings growth of 11.6% per year.
- Investors are most pessimistic about the Aluminum industry, which is trading below its 3-year average of 18.1x.
Forecasted Growth
- Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 27% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Aluminum 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 | |
|---|---|---|---|---|---|
| 000807 Yunnan Aluminium | CN¥12.55 | 9.7% +CN¥3.8b | -15.8% | PE8.8x | |
| 603979 JCHX Mining ManagementLtd | CN¥42.02 | 16.2% +CN¥3.6b | 14.2% | PE20.9x | |
| 601168 Western MiningLtd | CN¥15.73 | 10.0% +CN¥3.4b | 22.3% | PE12.9x | |
| 000933 Henan Shenhuo Coal Industry and Electricity Power | CN¥15.08 | 10.8% +CN¥3.3b | -9.0% | PE6.2x | |
| 600547 Shandong Gold Mining | CN¥26.30 | 2.9% +CN¥3.3b | 3.1% | PE54.3x |
