Reported Earnings • Apr 26
Full year 2025 earnings released: EPS: US$0.10 (vs US$0.10 in FY 2024) Full year 2025 results: EPS: US$0.10 (up from US$0.10 in FY 2024). Revenue: US$3.42b (down 10% from FY 2024). Net income: US$404.3m (up 1.5% from FY 2024). Profit margin: 12% (up from 10% in FY 2024). The increase in margin was driven by lower expenses. Production and reserves: Copper Production: 0.227 Mt (0.112 Mt in FY 2024) Proved and probable reserves (ore): 90.14 Mt (101.1 Mt in FY 2024) Number of mines: 3 (3 in FY 2024) Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to €1.51, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Metals and Mining industry in Europe. Total returns to shareholders of 241% over the past three years. Board Change • Apr 12
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Director Huan Fei Guan is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Mar 25
China Nonferrous Mining Corporation Limited, Annual General Meeting, Jun 25, 2026 China Nonferrous Mining Corporation Limited, Annual General Meeting, Jun 25, 2026. Aankondiging • Mar 09
China Nonferrous Mining Corporation Limited to Report Fiscal Year 2025 Results on Mar 24, 2026 China Nonferrous Mining Corporation Limited announced that they will report fiscal year 2025 results on Mar 24, 2026 Buy Or Sell Opportunity • Jan 07
Now 44% undervalued after recent price drop Over the last 90 days, the stock has fallen 39% to €1.10. The fair value is estimated to be €1.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 18% in the next 2 years. New Risk • Jan 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to €2.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 388% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.52 per share. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to €1.84, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 349% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.07 per share. Board Change • Nov 04
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Director Huan Fei Guan is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.71, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 423% over the past three years. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €1.53, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 371% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.70 per share. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to €1.66, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 366% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.83 per share. Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €1.42, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 302% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.83 per share. Reported Earnings • Sep 01
First half 2025 earnings released: EPS: US$0.067 (vs US$0.058 in 1H 2024) First half 2025 results: EPS: US$0.067 (up from US$0.058 in 1H 2024). Revenue: US$1.75b (down 13% from 1H 2024). Net income: US$263.3m (up 20% from 1H 2024). Profit margin: 15% (up from 11% in 1H 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €1.08, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 199% over the past three years. Aankondiging • Aug 12
China Nonferrous Mining Corporation Limited to Report First Half, 2025 Results on Aug 28, 2025 China Nonferrous Mining Corporation Limited announced that they will report first half, 2025 results on Aug 28, 2025 Aankondiging • Jul 03
China Nonferrous Mining Corporation Limited Announces Change of Nomination Committee Member, with Effect from 30 June 2025 The Board (the "Board") of Directors (the "Directors") of China Nonferrous Mining Corporation Limited (the "Company") hereby announces the following changes for the nomination committee of the Board (the "Nomination Committee"), with effect from 30 June 2025: (1) Mr. Bo XIAO, an executive Director of the Company, has ceased to be a member of the Nomination Committee; and (2) Ms. Yani GONG, a non-executive Director of the Company, has been appointed as a member of the Nomination Committee. Following the above changes, the Nomination Committee comprises 3 members, namely Mr. Yufeng SUN (chairman), Ms. Yani GONG and Mr. Guangfu GAO. Aankondiging • Jun 26
China Nonferrous Mining Corporation Limited Declares Final Dividend for the Year Ended 31 December 2024, Payable on or Around 14 July 2025 China Nonferrous Mining Corporation Limited announced that at the AGM held on June 26, 2025, declared a final dividend of HKD 0.336697 per share of the Company for the year ended 31 December 2024. In relation to the resolution number 2 above, the Final Dividend will be paid on or around 14 July 2025 to the Shareholders whose names appear on the register of members of the Company on 3 July 2025. The register of members of the Company will be closed on 3 July 2025, and no transfer of Shares will be registered on that day. In order to be qualified for the Final Dividend, all properly completed transfer forms accompanied by the relevant share certificates must be lodged with the Company's share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712 1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, not later than 4:30 p.m. on 2 July 2025 for registration. The Shares will be traded on an ex-dividend basis on 30 June 2025. Upcoming Dividend • Jun 23
Upcoming dividend of US$0.043 per share Eligible shareholders must have bought the stock before 30 June 2025. Payment date: 14 July 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (4.1%). Declared Dividend • Mar 31
Dividend of US$0.043 announced Shareholders will receive a dividend of US$0.043. Ex-date: 30th June 2025 Payment date: 14th July 2025 Dividend yield will be 6.5%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 36% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 27
Full year 2024 earnings released: EPS: US$5.10 (vs US$0.074 in FY 2023) Full year 2024 results: EPS: US$5.10 (up from US$0.074 in FY 2023). Revenue: US$3.82b (up 5.8% from FY 2023). Net income: US$398.5m (up 44% from FY 2023). Profit margin: 10% (up from 7.7% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 167% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Aankondiging • Mar 22
China Nonferrous Mining Corporation Limited Announces Board and Committee Changes The Board of Directors of China Nonferrous Mining Corporation Limited announced that, on and with effect from 21 March 2025, Mr. Dingfan QIU (‘Mr. Qiu’) has notified the Board of his intention to tender his resignation as an Independent Non-Executive Director of the Company, the Chairman of Nomination Committee, and a Member of Remuneration Committee and Compliance Committee, in order to dedicate his time to his personal endeavours. Mr. Qiu has confirmed that he did not have any disagreement with the Board and there is no matter concerning his resignation that needs to be brought to the attention of the shareholders of the Company (the ‘Shareholders’). The Board is not aware of any matter concerning Mr. Qiu's resignation that needs to be brought to the attention of the Shareholders. The Board announced that Mr. Yufeng SUN (‘Mr. Sun’) has been appointed as an Independent Non-Executive Director, the Chairman of Nomination Committee, and a member of Remuneration Committee and Compliance Committee, with effect from 21 March 2025. Mr. Yufeng SUN, aged 60, obtained a Bachelor's degree in English Literature from the Shanghai International Studies University in 1987 and a Master's degree in Business Administration from the University of Delaware in the United States in 1997. Mr. Sun joined the CITIC Group Corporation in 1987 and CITIC Metal Co. Ltd. in 1999. He acted as the president and the chairman of CITIC Metal Co. Ltd. between 2003 and 2016, where he was responsible for managing trading and investment businesses. He acted as the vice-chairman and president of CITIC Metal Group Limited from January 2017 to May 2023. From March 2019 to April 2023, he acted as an executive director and the chairman of CITIC Resources Holdings Limited, a company listed on The Stock Exchange of Hong Kong Limited, where he was responsible for the strategic and corporate development, management and operations of the group. From September 2018 to July 2023, Mr. Sun was a non-executive co-chairman of Ivanhoe Mines Ltd., a company listed on the Toronto Stock Exchange and OTC Markets Group Inc. Mr. Sun possesses over 30 years of experience in the metal trading and mining sector, including business management and investment. Aankondiging • Mar 12
China Nonferrous Mining Corporation Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 China Nonferrous Mining Corporation Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Aankondiging • Oct 22
China Nonferrous Mining Corporation Limited Provides Earnings Guidance for the Nine Months Ended 30 September 2024 China Nonferrous Mining Corporation Limited provided earnings guidance for the nine months ended 30 September 2024. For the nine months ended 30 September 2024, the Group is expected to record a profit attributable to owners of the Company amounting to approximately USD 314 million, representing an increase of approximately 23% year-on-year. Reported Earnings • Sep 01
First half 2024 earnings released: EPS: US$0.058 (vs US$0.05 in 1H 2023) First half 2024 results: EPS: US$0.058 (up from US$0.05 in 1H 2023). Revenue: US$2.01b (up 9.0% from 1H 2023). Net income: US$219.1m (up 18% from 1H 2023). Profit margin: 11% (in line with 1H 2023). Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Aankondiging • Aug 08
China Nonferrous Mining Corporation Limited to Report First Half, 2024 Results on Aug 29, 2024 China Nonferrous Mining Corporation Limited announced that they will report first half, 2024 results on Aug 29, 2024 Upcoming Dividend • Jun 28
Upcoming dividend of US$0.03 per share Eligible shareholders must have bought the stock before 02 July 2024. Payment date: 15 July 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.9%). Aankondiging • Jun 28
China Nonferrous Mining Corporation Limited Approves Final Ordinary Dividend for the Financial Year End 31 December 2023, Payable on July 15, 2024 China Nonferrous Mining Corporation Limited approves final ordinary dividend USD 0.029702 per share for the financial year end 31 December 2023. Ex-dividend date 02 July 2024, Record date 04 July 2024 and Payment date 15 July 2024. New Risk • Apr 16
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change). Shareholders have been diluted in the past year (4.4% increase in shares outstanding). Aankondiging • Apr 10
China Nonferrous Mining Corporation Limited has filed a Follow-on Equity Offering in the amount of HKD 978 million. China Nonferrous Mining Corporation Limited has filed a Follow-on Equity Offering in the amount of HKD 978 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 163,000,000
Price\Range: HKD 6
Transaction Features: Subsequent Direct Listing Buy Or Sell Opportunity • Apr 09
Now 20% undervalued Over the last 90 days, the stock has risen 19% to €0.73. The fair value is estimated to be €0.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Declared Dividend • Apr 01
Dividend of US$0.03 announced Shareholders will receive a dividend of US$0.03. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 3.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 31% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: US$0.074 (vs US$0.071 in FY 2022) Full year 2023 results: EPS: US$0.074 (up from US$0.071 in FY 2022). Revenue: US$3.61b (down 12% from FY 2022). Net income: US$277.6m (up 5.3% from FY 2022). Profit margin: 7.7% (up from 6.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 49% per year, which means it is well ahead of earnings. Aankondiging • Mar 29
China Nonferrous Mining Corporation Limited, Annual General Meeting, Jun 27, 2024 China Nonferrous Mining Corporation Limited, Annual General Meeting, Jun 27, 2024. Aankondiging • Mar 14
China Nonferrous Mining Corporation Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 China Nonferrous Mining Corporation Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Aankondiging • Jan 27
China Nonferrous Mining Corporation Limited Provides Production Guidance for the Year 2024 China Nonferrous Mining Corporation Limited provided production guidance for the year 2024. Based on the production schedule and operational needs of its mines and smelters, the company expects to produce approximately 550,000 tonnes of overall copper output, of which approximately 140,000 tonnes are copper cathodes, and approximately 410,000 tonnes are blister copper and copper anodes (including copper products processing services); approximately 160,000 tonnes of copper by self-owned mines; approximately 1,000,000 tonnes of sulphuric acid; approximately 650 tonnes of cobalt contained in cobaltous hydroxide; and approximately 13,000 tonnes of liquid sulphur dioxide in the year 2024. Board Change • Jan 05
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Director Huan Fei Guan is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Oct 28
China Nonferrous Mining Corporation Limited Provides Earnings Guidance for the Nine Months Ended 30 September 2023 China Nonferrous Mining Corporation Limited provided earnings guidance for the nine months ended 30 September 2023. For the period, the company is expected to record a profit attributable to owners of the Company amounting to approximately USD 255 million, representing an increase of approximately 9% year-on-year. New Risk • Sep 06
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 58% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 58% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Reported Earnings • Sep 01
First half 2023 earnings released: EPS: US$0.05 (vs US$0.052 in 1H 2022) First half 2023 results: EPS: US$0.05 (down from US$0.052 in 1H 2022). Revenue: US$1.84b (down 17% from 1H 2022). Net income: US$185.7m (down 5.3% from 1H 2022). Profit margin: 10% (up from 8.9% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 09
China Nonferrous Mining Corporation Limited to Report First Half, 2023 Results on Aug 29, 2023 China Nonferrous Mining Corporation Limited announced that they will report first half, 2023 results on Aug 29, 2023 Upcoming Dividend • Jun 23
Upcoming dividend of US$0.028 per share at 5.9% yield Eligible shareholders must have bought the stock before 30 June 2023. Payment date: 13 July 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.7%). Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: US$0.071 (vs US$0.098 in FY 2021) Full year 2022 results: EPS: US$0.071 (down from US$0.098 in FY 2021). Revenue: US$4.09b (up 1.1% from FY 2021). Net income: US$263.7m (down 26% from FY 2021). Profit margin: 6.4% (down from 8.8% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 38% per year. Aankondiging • Jan 21
China Nonferrous Mining Corporation Limited Provides Production Guidance for Year 2023 China Nonferrous Mining Corporation limited provided production guidance for year 2023. For the year, based on the production schedule and operational needs of its mines and smelters, the Company expects to produce approximately 140,000 tonnes of copper cathodes, approximately 380,000 tonnes of blister copper and copper anodes (including copper products processing services), approximately 160,000 tonnes of copper by self-owned mines, approximately 980,000 tonnes of sulphuric acid, approximately 1,480 tonnes of cobalt contained in cobaltous hydroxide and approximately 24,000 tonnes of liquid sulphur dioxide in 2023. Aankondiging • Nov 05
China Nonferrous Mining Corporation Limited Provides Financial Guidance for the Nine Months Ended September 30, 2022 China Nonferrous Mining Corporation Limited provided financial guidance for the nine months ended September 30, 2022. For the nine months ended 30 September 2022, it is expected that the Group realized a profit attributable to owners of the Company amounting to approximately $234 million, representing a decrease of approximately 19% year-on-year. Aankondiging • Oct 14
China Nonferrous Mining Corporation Limited Announces Board and Committee Changes The board of directors of China Nonferrous Mining Corporation Limited announced that Mr. Jinjun ZHANG ("Mr. Zhang") has resigned from the positions of the chairman of the Board ("Chairman of the Board"), an executive director of the Company ("Executive Director"), a member of the nomination committee ("Nomination Committee"), a member of the remuneration committee ("Remuneration Committee"), the chairman of the compliance committee ("Chairman of the Compliance Committee") under the Board and the authorised representative of the Company ("Authorised Representative") as defined in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") with effect from 13 October 2022 due to personal work adjustment. The Board is also announced that, Mr. He YANG ("Mr. Yang") has been appointed as the Chairman of the Board, an Executive Director and the Authorised Representative with effect from 13 October 2022. Mr. He YANG, aged 41, obtained a bachelor's degree in financial management from the University of International Business and Economics in 2003 and a master's degree in finance from the Central University of Finance and Economics in 2007. Mr. Yang has been the head of the enterprise development department of China Nonferrous Metal Mining (Group) Co. Ltd. ("CNMC", a controlling shareholder of the Company) since February 2022 and the chairman of the board of directors of China Nonferrous Mining Development Limited (a wholly-owned subsidiary of CNMC) since October 2022. He successively held management positions including the deputy director and director of the business management office of the enterprise development department and the deputy head of the enterprise development department of CNMC, the director of China Nonferrous Mining Hong Kong Investment Limited (a subsidiary of the Company), the deputy general manager of (CNMC Development & Investment Co. Ltd.) and the general manager of CNMC Ningxia Orient Group Co. Ltd. Mr. Yang has over 15 years of experience in corporate management and is a senior economist. Change in composition of board committee: Since Mr. Zhang has resigned as a member of the Nomination Committee, a member of the Remuneration Committee and the Chairman of the Compliance Committee with effect from 13 October 2022, Mr. Yang was appointed as a member of the Nomination Committee, a member of the Remuneration Committee and the Chairman of the Compliance Committee on and with effect from the same date. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: US$0.053 (vs US$0.067 in 1H 2021) First half 2022 results: EPS: US$0.053 (down from US$0.067 in 1H 2021). Revenue: US$2.21b (up 4.6% from 1H 2021). Net income: US$196.2m (down 18% from 1H 2021). Profit margin: 8.9% (down from 11% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 22%, compared to a 4.5% growth forecast for the Metals and Mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 41% per year. Aankondiging • Aug 11
China Nonferrous Mining Corporation Limited to Report First Half, 2022 Results on Aug 30, 2022 China Nonferrous Mining Corporation Limited announced that they will report first half, 2022 results on Aug 30, 2022 Aankondiging • Aug 06
China Nonferrous Mining Corporation Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022 China Nonferrous Mining Corporation Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022. The board of directors of the China Nonferrous Mining Corporation Limited announced that, based on a preliminary assessment of the unaudited consolidated management accounts of the Group and the information currently available to the Board, the Group is expected to record the profit attributable to owners of the Company of approximately USD 195 million for the six months ended 30 June 2022, representing a decrease of approximately 18% as compared to the corresponding period in 2021. The Board expects the Group to record a year-on-year decrease in profit attributable to owners of the Company for the six months ended 30 June 2022, mainly due to the year-on-year decrease in production volume at the Chambishi Southeast Mine of NFC Africa Mining PLC and the significant fluctuation in international copper prices. Aankondiging • Aug 05
China Nonferrous Mining Corporation Limited Announces Resignation of Mr. Jinjun Zhang from the Post of President China Nonferrous Mining Corporation Limited announced that, Mr. Jinjun ZHANG ("Mr. Zhang") has resigned from the post of president of the Company on 4 August 2022 with effect from the same date due to personal work adjustment, but still serves as an executive director of the Company, the chairman of the Board and an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on TheStock Exchange of Hong Kong Limited. Mr. Zhang has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation as the president that needs to be brought to theattention of The Stock Exchange of Hong Kong Limited and the shareholders of the Company. Aankondiging • Jun 29
China Nonferrous Mining Corporation Limited Approves Final Dividend for the Year Ended December 31, 2021, Payable on or Around 14 July 2022 China Nonferrous Mining Corporation Limited approved final dividend of 3.8205 United States cents per share of the Company for the year ended December 31, 2021 at the Annual General Meeting held on June 28, 2022. The Final Dividend will be paid on or around 14 July 2022 to the Shareholders whose names appear on the register of members of the Company on 5 July 2022. The register of members of theCompany will be closed on 5 July 2022, and no transfer of Shares will be registered on that day. The Shares will be traded on an ex-dividend basis on 30 June 2022. Upcoming Dividend • Jun 23
Upcoming dividend of US$0.038 per share Eligible shareholders must have bought the stock before 30 June 2022. Payment date: 14 July 2022. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 7.4%. Within top quartile of German dividend payers (4.6%). Lower than average of industry peers (8.6%). Aankondiging • Jun 11
China Nonferrous Mining Corporation Limited Declares Final Dividend for the Year Ended December 31, 2021 China Nonferrous Mining Corporation Limited declared final dividend of 3.8205 United States cents per share of the Company for the year ended December 31, 2021 at the Annual General Meeting to be held on June 28, 2022. Reported Earnings • Apr 29
Full year 2021 earnings released: EPS: US$0.098 (vs US$0.036 in FY 2020) Full year 2021 results: EPS: US$0.098 (up from US$0.036 in FY 2020). Revenue: US$4.05b (up 56% from FY 2020). Net income: US$357.1m (up 186% from FY 2020). Profit margin: 8.8% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Production and reserves: Copper Production: 58,615 t (27,389 t in FY 2020) Proved and probable reserves (ore): 98.92 Mt (125.2 Mt in FY 2020) Number of mines: 3 (3 in FY 2020) Over the next year, revenue is forecast to grow 22%, compared to a 33% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 12
China Nonferrous Mining Corporation Limited Announces Resignation of Chunlai Wang as Executive Director The board of directors of China Nonferrous Mining Corporation Limited announced that, on 11 April 2022, Mr. Chunlai WANG resigned from his post with immediate effect as an executive Director due to his retirement. Aankondiging • Apr 01
China Nonferrous Mining Corporation Limited, Annual General Meeting, Jun 28, 2022 China Nonferrous Mining Corporation Limited, Annual General Meeting, Jun 28, 2022. Agenda: To consider proposed the payment of US¢ 3.8205 per share as 2021. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: US$0.098 (vs US$0.036 in FY 2020) Full year 2021 results: EPS: US$0.098 (up from US$0.036 in FY 2020). Revenue: US$4.05b (up 56% from FY 2020). Net income: US$357.1m (up 186% from FY 2020). Profit margin: 8.8% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 22%, compared to a 37% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 01
China Nonferrous Mining Corporation Limited Announces Final Ordinary Dividend for the Year Ended 31 December 2021, Payable 14 July 2022 China Nonferrous Mining Corporation Limited announced final ordinary dividend of USD 0.038205 per share for the year ended 31 December 2021. Ex-dividend date is 30 June 2022, record date is 05 July 2022 and payment date is 14 July 2022. Aankondiging • Jan 26
China Nonferrous Mining Corporation Limited Announces Production Guidance for 2022 China Nonferrous Mining Corporation Limited Announces Production Guidance for 2022. Company estimates that the Group will produce approximately 140,000 tonnes of copper cathodes, approximately 370,000 tonnes of blister copper and copper anodes, approximately 160,000 tonnes of copper by self-owned mines, approximately 950,000 tonnes of sulphuric acid, approximately 1,200 tonnes of cobalt contained in cobaltous hydroxide and approximately 25,000 tonnes of liquid sulphur dioxide in 2022. Reported Earnings • Sep 01
First half 2021 earnings released: EPS US$0.067 (vs US$0.007 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$2.11b (up 124% from 1H 2020). Net income: US$238.5m (up US$215.1m from 1H 2020). Profit margin: 11% (up from 2.5% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Aug 20
China Nonferrous Mining Corporation Limited Announces Commencement of Trial Production of the Integrated Exploration and Construction Project of Kambove Main Mine The board of directors of China Nonferrous Mining Corporation Limited updated the shareholders of the Company with respect to the latest information about the integrated exploration and construction project (the "Project") of Kambove Main Mine which is implemented by Kambove Mining SAS ("Kambove Mining"), a subsidiary owned as to 55% by the Company. On 18 August 2021, the Project commenced full-process load commissioning tests. From June 2021, Kambove Mining has gradually carried out and completed a series of process and system debugging and optimization such as mixing, extraction and electrowinning combined commissioning with water. On 14 August 2021, after the supply of power was established, Kambove Mining promoted a system-wide combined load commissioning, and according to the operation of the equipment, the load will be gradually increased from 30% to 100%. The first batch of ore was introduced into the Kambove Mining on 18 August 2021 to perform load commissioning tests on the ball mills and other processing equipment, marking the commencement of the full trial production stage of the Project. According to the annual production schedule, the Project is expected to produce 7,000 tonnes of copper cathodes in 2021. At present, the trial production of the Project is progressing smoothly. Kambove Mining has a planned annual processing capacity of 990,000 tonnes of oxidized ore, and a planned annual production capacity of 28,000 tonnes of copper cathodes and 978 tonnes of cobalt contained in cobalt hydroxide. Executive Departure • Aug 04
Independent Non-Executive Director Chuanyao Sun has left the company On the 30th of July, Chuanyao Sun's tenure as Independent Non-Executive Director ended after 9.3 years in the role. We don't have any record of a personal shareholding under Chuanyao's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 3.33 years. Upcoming Dividend • Jun 28
Upcoming dividend of US$0.014 per share Eligible shareholders must have bought the stock before 05 July 2021. Payment date: 16 July 2021. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (4.7%). Executive Departure • Jun 02
Executive Director has left the company On the 27th of May, Xiaowei Wang's tenure in the role of Executive Director ended. We don't have any record of a personal shareholding under Xiaowei's name. A total of 4 executives have left over the last 12 months. Aankondiging • May 15
China Nonferrous Mining Corporation Limited has completed a Follow-on Equity Offering in the amount of HKD 990 million. China Nonferrous Mining Corporation Limited has completed a Follow-on Equity Offering in the amount of HKD 990 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 250,000,000
Price\Range: HKD 3.96
Transaction Features: Subsequent Direct Listing Reported Earnings • May 04
Full year 2020 earnings released: EPS US$0.036 (vs US$0.039 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$2.60b (up 29% from FY 2019). Net income: US$125.0m (down 7.3% from FY 2019). Profit margin: 4.8% (down from 6.7% in FY 2019). The decrease in margin was driven by higher expenses. Production and reserves: Copper Production: 27,389 t (20,536 t in FY 2019) Proved and probable reserves (ore): 125.2 Mt (108.3 Mt in FY 2019) Number of mines: 3 (3 in FY 2019) Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Aankondiging • Apr 29
China Nonferrous Mining Corporation Limited Proposes Final Dividend for the Year Ended 31 December 2020 China Nonferrous Mining Corporation Limited proposed final dividend of USD 1.4327 per share of the company for the year ended 31 December 2020 at its AGM held on 30 June 2021. Aankondiging • Apr 13
China Nonferrous Mining Corporation Limited Provides Earnings Guidance for the Three Months Ended March 31, 2021 and Operating Guidance for the Full Year of Fiscal 2021 China Nonferrous Mining Corporation Limited provided earnings guidance for the three months ended March 31, 2021 and operating guidance for the full year of fiscal 2021. In 2021, the Group is expected to produce approximately 120,000 tonnes of copper cathodes (including copper cathodes produced during the provision of copper products processing services), approximately 370,000 tonnes of blister copper and copper anodes (including blister copper and copper anodes produced during the provision of copper products processing services), 1,000,000 tonnes of sulphuric acid, 240 tonnes of cobalt hydroxides, and 31,000 tonnes of liquid sulphur dioxide.
For the three months ended 31 March 2021, it is expected that the Group realized a revenue amounting to approximately USD 1,050 million, representing an increase of approximately 168% year-on-year, and realized a profit attributable to owners of the Company amounting to approximately USD 79 million, representing an increase of approximately 483% year-on-year. Reported Earnings • Apr 02
Full year 2020 earnings released The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: US$2.60b (up 29% from FY 2019). Net income: US$125.0m (down 7.3% from FY 2019). Profit margin: 4.8% (down from 6.7% in FY 2019). Aankondiging • Mar 16
China Nonferrous Mining Corporation Limited to Report Fiscal Year 2020 Results on Mar 30, 2021 China Nonferrous Mining Corporation Limited announced that they will report fiscal year 2020 results on Mar 30, 2021 Is New 90 Day High Low • Feb 12
New 90-day high: €0.28 The company is up 84% from its price of €0.15 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 60% over the same period. Aankondiging • Jan 09
China Nonferrous Mining Corporation Limited Appoints Jinjun Zhang as Chairman of the Board The board of directors of China Nonferrous Mining Corporation Limited announced that Mr. Jinjun ZHANG, an executive director of the company, has been appointed as the chairman of the Board with effect from 8 January 2021. Mr. Zhang was the vice chairman of the Board and the president of the company. Upon being appointed as the chairman of the Board, he will cease to serve as the vice chairman but will remain as the president. Is New 90 Day High Low • Dec 28
New 90-day high: €0.22 The company is up 28% from its price of €0.17 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 44% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: €0.21 The company is up 18% from its price of €0.18 on 08 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period. Aankondiging • Nov 21
China Nonferrous Mining Corporation Limited Announces Executive Changes The Board of China Nonferrous Mining Corporation Limited announced that Mr. Zhang, an executive Director of the Company, has been appointed as the chairman of the Compliance Committee; and Mr. Chuanyao SUN ("Mr. Sun"), an independent non-executive Director of the Company, has been appointed as a member of the Audit Committee, with effect from 20 November 2020. The Board also announced the resignation of Mr. Jinjun ZHANG ("Mr. Zhang") as a member of the audit committee (the "Audit Committee") under the Board. Is New 90 Day High Low • Nov 17
New 90-day high: €0.21 The company is up 17% from its price of €0.18 on 19 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 5.0% over the same period. Aankondiging • Oct 15
China Nonferrous Mining Corporation Limited Announces Management Changes China Nonferrous Mining Corporation Limited announced that Wei FAN resigned as an executive director of the company and vice president of the company on 14 October 2020 due to other career pursuit which requires more of his attention; and the company also announced that Lin ZHANG also resigned as an Executive Director and the president of the company on 14 October 2020 due to other career pursuit which requires more of his attention. The Board announced that, Jinjun ZHANG ("Mr. Zhang"), the non-executive Director, has been re-designated as an Executive Director with effect from 14 October 2020. Zhang obtained a master degree in mining engineering from University of Science and Technology Beijing in 2015. Zhang joined NFC Africa Mining PLC in October 2006, and worked as manager of production technology department, vice general manager and executive vice general manager. The board announced that, Mr. Zhang has been appointed as the President with effect from 14 October 2020. Regarding the position of the President, Mr. Zhang is not appointed for any specific length or proposed length of service, and will not receive remuneration. The Board further announces that Mr. Zhang ceased to be a member of the audit committee under the Board, with effect from 14 October 2020. Reported Earnings • Sep 20
First half earnings released Over the last 12 months the company has reported total profits of US$82.0m, down 34% from the prior year. Total revenue was US$1.91b over the last 12 months, down 3.4% from the prior year. Aankondiging • Aug 12
China Nonferrous Mining Corporation Limited to Report First Half, 2020 Results on Aug 28, 2020 China Nonferrous Mining Corporation Limited announced that they will report first half, 2020 results on Aug 28, 2020 
