Subdued Growth No Barrier To Sichuan Hongda Co.,Ltd's (SHSE:600331) Price
Aug 29
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Chinese (SSE) Metals and Mining Industry Analysis
UpdatedAug 30, 2024
DataAggregated Company Financials
Companies200
- 7D0.3%
- 3M-16.6%
- 1Y-14.9%
- YTD-12.6%
Over the last 7 days, the Metals and Mining industry has dropped 2.0%, driven by Shandong Gold Mining declining 8.8%. The industry has fallen 16% in the last year. 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 |
|---|---|---|---|---|---|---|
| Fri, 30 Aug 2024 | CN¥2.3t | CN¥4.1t | CN¥116.5b | 22.2x | 20x | 0.6x |
| Sun, 28 Jul 2024 | CN¥2.4t | CN¥4.1t | CN¥112.3b | 24.7x | 21.5x | 0.6x |
| Tue, 25 Jun 2024 | CN¥2.5t | CN¥4.1t | CN¥111.8b | 25.7x | 22.5x | 0.6x |
| Thu, 23 May 2024 | CN¥2.9t | CN¥4.1t | CN¥111.6b | 29.4x | 25.8x | 0.7x |
| Sat, 20 Apr 2024 | CN¥2.9t | CN¥4.2t | CN¥121.2b | 28.1x | 23.6x | 0.7x |
| Mon, 18 Mar 2024 | CN¥2.7t | CN¥4.1t | CN¥117.1b | 29.7x | 22.8x | 0.6x |
| Wed, 14 Feb 2024 | CN¥2.4t | CN¥4.1t | CN¥118.0b | 24.5x | 20.2x | 0.6x |
| Fri, 12 Jan 2024 | CN¥2.5t | CN¥4.1t | CN¥114.4b | 30.2x | 22.3x | 0.6x |
| Sun, 10 Dec 2023 | CN¥2.6t | CN¥4.1t | CN¥111.8b | 31.1x | 23.3x | 0.6x |
| Tue, 07 Nov 2023 | CN¥2.7t | CN¥4.1t | CN¥111.5b | 31.5x | 23.9x | 0.6x |
| Thu, 05 Oct 2023 | CN¥2.7t | CN¥4.1t | CN¥100.6b | 30.5x | 26.9x | 0.7x |
| Sat, 02 Sep 2023 | CN¥2.8t | CN¥4.1t | CN¥102.4b | 31.5x | 27x | 0.7x |
| Mon, 31 Jul 2023 | CN¥2.9t | CN¥4.1t | CN¥118.2b | 31.1x | 24.1x | 0.7x |
| Wed, 28 Jun 2023 | CN¥2.7t | CN¥4.1t | CN¥118.2b | 29.8x | 22.7x | 0.6x |
| Fri, 26 May 2023 | CN¥2.8t | CN¥4.2t | CN¥120.8b | 29.5x | 22.9x | 0.7x |
| Sun, 23 Apr 2023 | CN¥3.0t | CN¥4.2t | CN¥136.0b | 29.9x | 21.7x | 0.7x |
| Tue, 21 Mar 2023 | CN¥3.0t | CN¥4.2t | CN¥135.0b | 30.7x | 22x | 0.7x |
| Thu, 16 Feb 2023 | CN¥3.1t | CN¥4.2t | CN¥134.5b | 33.2x | 22.9x | 0.7x |
| Sat, 14 Jan 2023 | CN¥3.0t | CN¥4.2t | CN¥152.1b | 29.9x | 19.9x | 0.7x |
| Mon, 12 Dec 2022 | CN¥3.2t | CN¥4.2t | CN¥151.8b | 31.5x | 20.8x | 0.8x |
| Wed, 09 Nov 2022 | CN¥3.1t | CN¥4.2t | CN¥152.0b | 30.7x | 20.7x | 0.7x |
| Fri, 07 Oct 2022 | CN¥2.9t | CN¥4.3t | CN¥180.8b | 26.9x | 16.3x | 0.7x |
| Sun, 04 Sep 2022 | CN¥3.2t | CN¥4.3t | CN¥182.6b | 29x | 17.3x | 0.7x |
| Tue, 02 Aug 2022 | CN¥3.4t | CN¥4.2t | CN¥198.1b | 32.8x | 17.3x | 0.8x |
| Thu, 30 Jun 2022 | CN¥3.3t | CN¥4.2t | CN¥197.0b | 28.9x | 16.9x | 0.8x |
| Sat, 28 May 2022 | CN¥3.1t | CN¥4.2t | CN¥196.7b | 26.3x | 15.6x | 0.7x |
| Mon, 25 Apr 2022 | CN¥3.0t | CN¥4.0t | CN¥201.0b | 24x | 14.8x | 0.7x |
| Wed, 23 Mar 2022 | CN¥3.3t | CN¥3.9t | CN¥196.8b | 28.2x | 16.7x | 0.9x |
| Fri, 18 Feb 2022 | CN¥3.5t | CN¥3.8t | CN¥194.3b | 29.4x | 18.1x | 0.9x |
| Sun, 16 Jan 2022 | CN¥3.4t | CN¥3.8t | CN¥194.8b | 29.8x | 17.6x | 0.9x |
| Tue, 14 Dec 2021 | CN¥3.6t | CN¥3.8t | CN¥194.9b | 30.4x | 18.6x | 0.9x |
| Thu, 11 Nov 2021 | CN¥3.3t | CN¥3.8t | CN¥190.3b | 28.3x | 17.2x | 0.9x |
| Sat, 09 Oct 2021 | CN¥3.4t | CN¥3.5t | CN¥167.0b | 30x | 20.1x | 1x |
| Mon, 06 Sep 2021 | CN¥3.9t | CN¥3.5t | CN¥167.0b | 32.6x | 23.1x | 1.1x |
Price to Earnings Ratio
23.1x
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 0.74x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 11% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.6% 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 | -0.80% | |
| Materials | 1.32% | |
| Metals and Mining | 0.35% | |
| Aluminum | 3.25% | |
| Diversified Metals and Mining | 1.38% | |
| Precious Metals and Minerals | 1.32% | |
| Copper | 1.24% | |
| Steel | 0.36% | |
| Silver | 0% | |
| Gold | -6.37% | |
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 27.2%, 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 18.3x.
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¥11.91 | 4.6% +CN¥1.8b | -17.5% | PE8.3x | |
| 603799 Zhejiang Huayou Cobalt | CN¥22.68 | 4.7% +CN¥1.7b | -43.2% | PE13.1x | |
| 002683 Guangdong Hongda Holdings Group | CN¥19.88 | 11.6% +CN¥1.6b | -15.3% | PE18.7x | |
| 601137 Ningbo Boway Alloy Material | CN¥14.70 | 15.7% +CN¥1.6b | 0.5% | PE8.8x | |
| 600331 Sichuan HongdaLtd | CN¥6.04 | 12.7% +CN¥1.4b | 58.9% | PS4.2x |
