company background image
600058 logo

Minmetals Development SHSE:600058 Stock Report

Last Price

CN¥6.21

Market Cap

CN¥6.7b

7D

-2.4%

1Y

-38.1%

Updated

27 Jul, 2024

Data

Company Financials

Minmetals Development Co., Ltd.

SHSE:600058 Stock Report

Market Cap: CN¥6.7b

600058 Stock Overview

Engages in resource trading, metal trading, and supply chain services in China and internationally.

600058 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

Minmetals Development Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Minmetals Development
Historical stock prices
Current Share PriceCN¥6.21
52 Week HighCN¥10.23
52 Week LowCN¥6.01
Beta0.54
11 Month Change-4.90%
3 Month Change-28.37%
1 Year Change-38.09%
33 Year Change-29.59%
5 Year Change-24.73%
Change since IPO52.84%

Recent News & Updates

Minmetals Development (SHSE:600058) Seems To Be Using A Lot Of Debt

May 27
Minmetals Development (SHSE:600058) Seems To Be Using A Lot Of Debt

Minmetals Development's (SHSE:600058) Soft Earnings Are Actually Better Than They Appear

Apr 09
Minmetals Development's (SHSE:600058) Soft Earnings Are Actually Better Than They Appear

Recent updates

Minmetals Development (SHSE:600058) Seems To Be Using A Lot Of Debt

May 27
Minmetals Development (SHSE:600058) Seems To Be Using A Lot Of Debt

Minmetals Development's (SHSE:600058) Soft Earnings Are Actually Better Than They Appear

Apr 09
Minmetals Development's (SHSE:600058) Soft Earnings Are Actually Better Than They Appear

Some Shareholders Feeling Restless Over Minmetals Development Co., Ltd.'s (SHSE:600058) P/E Ratio

Mar 25
Some Shareholders Feeling Restless Over Minmetals Development Co., Ltd.'s (SHSE:600058) P/E Ratio

Shareholder Returns

600058CN Trade DistributorsCN Market
7D-2.4%-1.5%-2.8%
1Y-38.1%-25.9%-21.0%

Return vs Industry: 600058 underperformed the CN Trade Distributors industry which returned -25.9% over the past year.

Return vs Market: 600058 underperformed the CN Market which returned -21% over the past year.

Price Volatility

Is 600058's price volatile compared to industry and market?
600058 volatility
600058 Average Weekly Movement3.7%
Trade Distributors Industry Average Movement5.2%
Market Average Movement5.8%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 600058's share price has been volatile over the past 3 months.

Volatility Over Time: 600058's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19972,718Tao Weiwww.minlist.com.cn

Minmetals Development Co., Ltd. engages in resource trading, metal trading, and supply chain services in China and internationally. The company offers iron ore, coke, coal, steel billets, scrap steel, scrap ship, pig iron, refractories, barite, fluorspar, talc, silicon carbide and other metallurgical industrial raw materials, as well as ferrochrome, silicomanganese, ferromanganese, electrolytic manganese, ferrosilicon, ferromolybdenum, molybdenum oxide, ferronickel, ferro-tungsten, ferrovanadium, ferro-titanium, ferroboron, and other alloy raw materials, such as chromium ore and manganese ore.; building materials, plates, profiles, pipes, and billets; and internet value-added and supply chain supporting services. It also engages in steel trading, warehousing, and logistics activities; processing and distribution and futures delivery business; and operating bidding business.

Minmetals Development Co., Ltd. Fundamentals Summary

How do Minmetals Development's earnings and revenue compare to its market cap?
600058 fundamental statistics
Market capCN¥6.66b
Earnings (TTM)CN¥56.82m
Revenue (TTM)CN¥75.46b

117.2x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600058 income statement (TTM)
RevenueCN¥75.46b
Cost of RevenueCN¥73.21b
Gross ProfitCN¥2.25b
Other ExpensesCN¥2.19b
EarningsCN¥56.82m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 31, 2024

Earnings per share (EPS)0.053
Gross Margin2.98%
Net Profit Margin0.075%
Debt/Equity Ratio98.3%

How did 600058 perform over the long term?

See historical performance and comparison
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.