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Minmetals Development SHSE:600058 Stock Report

Last Price

CN¥7.01

Market Cap

CN¥7.5b

7D

-2.2%

1Y

-22.7%

Updated

20 Oct, 2024

Data

Company Financials

Minmetals Development Co., Ltd.

SHSE:600058 Stock Report

Market Cap: CN¥7.5b

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 Performance2/6
Financial Health2/6
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¥7.01
52 Week HighCN¥10.00
52 Week LowCN¥5.87
Beta0.63
11 Month Change11.98%
3 Month Change11.09%
1 Year Change-22.71%
33 Year Change-23.47%
5 Year Change-10.01%
Change since IPO72.53%

Recent News & Updates

There's No Escaping Minmetals Development Co., Ltd.'s (SHSE:600058) Muted Revenues

Sep 28
There's No Escaping Minmetals Development Co., Ltd.'s (SHSE:600058) Muted Revenues

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

Recent updates

There's No Escaping Minmetals Development Co., Ltd.'s (SHSE:600058) Muted Revenues

Sep 28
There's No Escaping Minmetals Development Co., Ltd.'s (SHSE:600058) Muted Revenues

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-2.2%2.4%2.7%
1Y-22.7%-5.9%4.6%

Return vs Industry: 600058 underperformed the CN Trade Distributors industry which returned -5.9% over the past year.

Return vs Market: 600058 underperformed the CN Market which returned 4.6% over the past year.

Price Volatility

Is 600058's price volatile compared to industry and market?
600058 volatility
600058 Average Weekly Movement5.6%
Trade Distributors Industry Average Movement7.0%
Market Average Movement7.6%
10% most volatile stocks in CN Market11.5%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 600058 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600058's weekly volatility (6%) 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¥7.51b
Earnings (TTM)CN¥50.27m
Revenue (TTM)CN¥74.80b

149.5x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600058 income statement (TTM)
RevenueCN¥74.80b
Cost of RevenueCN¥72.88b
Gross ProfitCN¥1.92b
Other ExpensesCN¥1.87b
EarningsCN¥50.27m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 31, 2024

Earnings per share (EPS)0.047
Gross Margin2.57%
Net Profit Margin0.067%
Debt/Equity Ratio90.7%

How did 600058 perform over the long term?

See historical performance and comparison