Shanjin International Gold Co., Ltd.'s (SZSE:000975) Intrinsic Value Is Potentially 52% Above Its Share Price
Aug 01
Chinese (SSE) Metals and Mining Industry Analysis
UpdatedAug 04, 2024
DataAggregated Company Financials
Companies199
- 7D1.5%
- 3M-12.9%
- 1Y-16.6%
- YTD-8.3%
Over the last 7 days, the Metals and Mining industry has risen 1.5%, driven by gains from Shandong Gold Mining of 8.1%. However, the industry is down 17% over the past year. Earnings are forecast to grow by 24% 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 |
|---|---|---|---|---|---|---|
| Sun, 04 Aug 2024 | CN¥2.4t | CN¥4.1t | CN¥112.4b | 25.4x | 21.8x | 0.6x |
| Tue, 02 Jul 2024 | CN¥2.6t | CN¥4.1t | CN¥111.8b | 25.6x | 23.1x | 0.6x |
| Thu, 30 May 2024 | CN¥2.9t | CN¥4.1t | CN¥111.8b | 28.2x | 25.7x | 0.7x |
| Sat, 27 Apr 2024 | CN¥2.8t | CN¥4.1t | CN¥120.5b | 28.4x | 23.3x | 0.7x |
| Mon, 25 Mar 2024 | CN¥2.7t | CN¥4.1t | CN¥119.5b | 28.8x | 22.3x | 0.6x |
| Wed, 21 Feb 2024 | CN¥2.4t | CN¥4.1t | CN¥116.7b | 24.6x | 20.7x | 0.6x |
| Fri, 19 Jan 2024 | CN¥2.4t | CN¥4.1t | CN¥114.7b | 28x | 21.2x | 0.6x |
| Sun, 17 Dec 2023 | CN¥2.6t | CN¥4.1t | CN¥111.9b | 30.8x | 22.9x | 0.6x |
| Tue, 14 Nov 2023 | CN¥2.6t | CN¥4.1t | CN¥111.5b | 31.1x | 23.6x | 0.6x |
| Thu, 12 Oct 2023 | CN¥2.7t | CN¥4.1t | CN¥100.6b | 30.5x | 26.6x | 0.7x |
| Sat, 09 Sep 2023 | CN¥2.8t | CN¥4.1t | CN¥101.1b | 31.5x | 27.3x | 0.7x |
| Mon, 07 Aug 2023 | CN¥2.9t | CN¥4.1t | CN¥118.3b | 31.3x | 24.3x | 0.7x |
| Wed, 05 Jul 2023 | CN¥2.8t | CN¥4.1t | CN¥118.3b | 31.2x | 23.3x | 0.7x |
| Fri, 02 Jun 2023 | CN¥2.7t | CN¥4.2t | CN¥118.5b | 29.3x | 23x | 0.7x |
| Sun, 30 Apr 2023 | CN¥2.9t | CN¥4.1t | CN¥127.8b | 30x | 22.6x | 0.7x |
| Tue, 28 Mar 2023 | CN¥3.0t | CN¥4.2t | CN¥137.9b | 31.3x | 21.5x | 0.7x |
| Thu, 23 Feb 2023 | CN¥3.1t | CN¥4.2t | CN¥134.5b | 33.4x | 23.2x | 0.8x |
| Sat, 21 Jan 2023 | CN¥3.2t | CN¥4.2t | CN¥152.1b | 31.1x | 20.9x | 0.8x |
| Mon, 19 Dec 2022 | CN¥3.1t | CN¥4.2t | CN¥151.8b | 30.8x | 20.1x | 0.7x |
| Wed, 16 Nov 2022 | CN¥3.2t | CN¥4.2t | CN¥152.0b | 30.7x | 20.8x | 0.8x |
| Fri, 14 Oct 2022 | CN¥3.0t | CN¥4.3t | CN¥180.8b | 27.6x | 16.4x | 0.7x |
| Sun, 11 Sep 2022 | CN¥3.3t | CN¥4.3t | CN¥181.4b | 30.7x | 18.4x | 0.8x |
| Tue, 09 Aug 2022 | CN¥3.4t | CN¥4.2t | CN¥198.1b | 30.9x | 17.2x | 0.8x |
| Thu, 07 Jul 2022 | CN¥3.4t | CN¥4.2t | CN¥196.8b | 29.9x | 17.3x | 0.8x |
| Sat, 04 Jun 2022 | CN¥3.2t | CN¥4.2t | CN¥196.9b | 27.6x | 16x | 0.8x |
| Mon, 02 May 2022 | CN¥2.9t | CN¥4.2t | CN¥192.6b | 23x | 15x | 0.7x |
| Wed, 30 Mar 2022 | CN¥3.3t | CN¥3.9t | CN¥196.7b | 27.2x | 16.6x | 0.8x |
| Fri, 25 Feb 2022 | CN¥3.6t | CN¥3.8t | CN¥194.8b | 29.5x | 18.2x | 0.9x |
| Sun, 23 Jan 2022 | CN¥3.4t | CN¥3.8t | CN¥194.9b | 28.8x | 17.2x | 0.9x |
| Tue, 21 Dec 2021 | CN¥3.5t | CN¥3.8t | CN¥194.8b | 30.3x | 18x | 0.9x |
| Thu, 18 Nov 2021 | CN¥3.3t | CN¥3.8t | CN¥190.4b | 30x | 17.4x | 0.9x |
| Sat, 16 Oct 2021 | CN¥3.3t | CN¥3.5t | CN¥167.3b | 30x | 20x | 1x |
| Mon, 13 Sep 2021 | CN¥4.2t | CN¥3.5t | CN¥167.0b | 36.2x | 25.2x | 1.2x |
| Wed, 11 Aug 2021 | CN¥3.5t | CN¥3.5t | CN¥166.6b | 30x | 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 20.8x.
- The industry is trading close to its 3-year average PS ratio of 0.75x.
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 | 0.82% | |
| Materials | 1.01% | |
| Metals and Mining | 1.48% | |
| Gold | 6.60% | |
| Precious Metals and Minerals | 2.13% | |
| Diversified Metals and Mining | 1.10% | |
| Steel | 0.88% | |
| Copper | 0.47% | |
| Aluminum | 0.23% | |
| Silver | 0% | |
Industry PE
- Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 26.8%, which is lower than the prior year's growth of 65.3% per year.
- Investors are most pessimistic about the Aluminum industry, which is trading below its 3-year average of 18.4x.
Forecasted Growth
- Analysts are most optimistic on the Gold industry, expecting annual earnings growth of 27% over the next 5 years.
- However this is lower than its past earnings growth rate of 65% per year.
- In contrast, the Aluminum industry is expected to see its earnings grow by 21% 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 | |
|---|---|---|---|---|---|
| 600547 Shandong Gold Mining | CN¥30.30 | 8.1% +CN¥10.1b | 24.1% | PE66.9x | |
| 600489 Zhongjin GoldLtd | CN¥16.23 | 5.3% +CN¥3.9b | 52.8% | PE24.5x | |
| 000975 Shanjin International Gold | CN¥17.83 | 5.5% +CN¥2.6b | 35.0% | PE30.4x | |
| 600988 Chifeng Jilong Gold MiningLtd | CN¥19.93 | 5.3% +CN¥1.7b | 32.6% | PE35.4x | |
| 600010 Inner Mongolia Baotou Steel Union | CN¥1.46 | 2.1% +CN¥1.4b | -23.6% | PE230.1x |
