New Risk • May 27
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 19% per year over the past 5 years. Minor Risks High level of debt (42% net debt to equity). Share price has been volatile over the past 3 months (9.7% average weekly change). Large one-off items impacting financial results. New Risk • Apr 30
New major risk - Revenue and earnings growth Earnings have declined by 19% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 19% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 30
First quarter 2026 earnings released: EPS: CN¥0.51 (vs CN¥0.14 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.51 (up from CN¥0.14 in 1Q 2025). Revenue: CN¥1.53b (up 1.9% from 1Q 2025). Net income: CN¥170.9m (up 262% from 1Q 2025). Profit margin: 11% (up from 3.1% in 1Q 2025). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Announcement • Mar 30
Rising Nonferrous Metals Share Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Rising Nonferrous Metals Share Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Reported Earnings • Mar 20
Full year 2025 earnings released: EPS: CN¥0.38 (vs CN¥0.89 loss in FY 2024) Full year 2025 results: EPS: CN¥0.38 (up from CN¥0.89 loss in FY 2024). Revenue: CN¥5.82b (down 54% from FY 2024). Net income: CN¥127.6m (up CN¥426.1m from FY 2024). Profit margin: 2.2% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Announcement • Mar 19
Rising Nonferrous Metals Share Co.,Ltd., Annual General Meeting, Apr 09, 2026 Rising Nonferrous Metals Share Co.,Ltd., Annual General Meeting, Apr 09, 2026, at 14:30 China Standard Time. Location: 37F, Office Building, Tower A, No. 386, Hanxi Avenue East, Panyu District, Guangzhou, Guangdong China New Risk • Mar 03
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 Chinese stocks, typically moving 9.9% 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 (9.9% average weekly change). Minor Risk Large one-off items impacting financial results. Announcement • Dec 26
Rising Nonferrous Metals Share Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 01, 2026 Rising Nonferrous Metals Share Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 01, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.16 (vs CN¥0.077 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.16 (up from CN¥0.077 in 3Q 2024). Revenue: CN¥1.96b (down 46% from 3Q 2024). Net income: CN¥55.1m (up 111% from 3Q 2024). Profit margin: 2.8% (up from 0.7% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Sep 30
Rising Nonferrous Metals Share Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Rising Nonferrous Metals Share Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Sep 08
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Reported Earnings • Sep 02
Second quarter 2025 earnings released: EPS: CN¥0.078 (vs CN¥0.007 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.078 (up from CN¥0.007 in 2Q 2024). Revenue: CN¥1.17b (down 65% from 2Q 2024). Net income: CN¥25.2m (up CN¥22.9m from 2Q 2024). Profit margin: 2.2% (up from 0.1% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. New Risk • Jul 08
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 Chinese stocks, typically moving 9.3% 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 Risks Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Large one-off items impacting financial results. Announcement • Jun 30
Rising Nonferrous Metals Share Co.,Ltd. to Report First Half, 2025 Results on Aug 30, 2025 Rising Nonferrous Metals Share Co.,Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 New Risk • Jun 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. New Risk • May 07
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 10% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results. Reported Earnings • May 05
First quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.90 loss in 1Q 2024) First quarter 2025 results: EPS: CN¥0.14 (up from CN¥0.90 loss in 1Q 2024). Revenue: CN¥1.51b (down 14% from 1Q 2024). Net income: CN¥47.3m (up CN¥351.2m from 1Q 2024). Profit margin: 3.1% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 30
Full year 2024 earnings released: CN¥0.89 loss per share (vs CN¥0.60 profit in FY 2023) Full year 2024 results: CN¥0.89 loss per share (down from CN¥0.60 profit in FY 2023). Revenue: CN¥12.6b (down 40% from FY 2023). Net loss: CN¥298.5m (down 247% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Rising Nonferrous Metals Share Co.,Ltd., Annual General Meeting, Apr 22, 2025 Rising Nonferrous Metals Share Co.,Ltd., Annual General Meeting, Apr 22, 2025, at 14:30 China Standard Time. Location: 37F, Tower A, No. 386, Hanxi Avenue East, Panyu District, Guangzhou, Guangdong China Announcement • Mar 28
Rising Nonferrous Metals Share Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Rising Nonferrous Metals Share Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 27
Rising Nonferrous Metals Share Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Rising Nonferrous Metals Share Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 New Risk • Dec 06
New major risk - Revenue and earnings growth Earnings have declined by 4.7% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Nov 04
Now 20% undervalued Over the last 90 days, the stock has risen 26% to CN¥32.00. The fair value is estimated to be CN¥40.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.077 (vs CN¥0.19 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.077 (down from CN¥0.19 in 3Q 2023). Revenue: CN¥3.61b (down 18% from 3Q 2023). Net income: CN¥26.1m (down 60% from 3Q 2023). Profit margin: 0.7% (down from 1.5% in 3Q 2023). Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Rising Nonferrous Metals Share Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Rising Nonferrous Metals Share Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Sep 03
Second quarter 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.24 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.007 (down from CN¥0.24 in 2Q 2023). Revenue: CN¥3.38b (down 32% from 2Q 2023). Net income: CN¥2.37m (down 98% from 2Q 2023). Profit margin: 0.1% (down from 2.0% in 2Q 2023). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • Jun 28
Rising Nonferrous Metals Share Co.,Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Rising Nonferrous Metals Share Co.,Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Reported Earnings • Apr 29
First quarter 2024 earnings released: CN¥0.90 loss per share (vs CN¥0.02 profit in 1Q 2023) First quarter 2024 results: CN¥0.90 loss per share (down from CN¥0.02 profit in 1Q 2023). Revenue: CN¥1.75b (down 72% from 1Q 2023). Net loss: CN¥304.0m (down CN¥309.6m from profit in 1Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Apr 18
Consensus revenue estimates fall by 24% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥29.5b to CN¥22.4b. EPS estimate fell from CN¥1.69 to CN¥1.09 per share. Net income forecast to grow 81% next year vs 34% growth forecast for Metals and Mining industry in China. Consensus price target down from CN¥45.57 to CN¥34.13. Share price fell 6.2% to CN¥30.16 over the past week. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥29.13, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 21% over the past three years. Reported Earnings • Mar 30
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.60 (down from CN¥0.70 in FY 2022). Revenue: CN¥20.8b (down 9.0% from FY 2022). Net income: CN¥203.4m (down 13% from FY 2022). Profit margin: 1.0% (in line with FY 2022). Revenue missed analyst estimates by 22%. Earnings per share (EPS) also missed analyst estimates by 38%. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥23.83, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 26% over the past three years. Announcement • Dec 29
Rising Nonferrous Metals Share Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024 Rising Nonferrous Metals Share Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 29, 2024 New Risk • Nov 03
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.3% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (9.3% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.087 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.19 (up from CN¥0.087 in 3Q 2022). Revenue: CN¥4.42b (down 30% from 3Q 2022). Net income: CN¥64.3m (up 154% from 3Q 2022). Profit margin: 1.5% (up from 0.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.24 (vs CN¥0.32 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.24 (down from CN¥0.32 in 2Q 2022). Revenue: CN¥4.95b (down 31% from 2Q 2022). Net income: CN¥96.4m (down 8.7% from 2Q 2022). Profit margin: 2.0% (up from 1.5% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Jun 28
Rising Nonferrous Metals Share Co.,Ltd. to Report First Half, 2023 Results on Aug 30, 2023 Rising Nonferrous Metals Share Co.,Ltd. announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Apr 01
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: CN¥0.70 (up from CN¥0.46 in FY 2021). Revenue: CN¥22.9b (up 42% from FY 2021). Net income: CN¥232.3m (up 67% from FY 2021). Profit margin: 1.0% (up from 0.9% in FY 2021). Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 4.1%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.087 (vs CN¥0.15 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.087 (down from CN¥0.15 in 3Q 2021). Revenue: CN¥6.35b (up 45% from 3Q 2021). Net income: CN¥25.3m (down 43% from 3Q 2021). Profit margin: 0.4% (down from 1.0% in 3Q 2021). Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.14 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.32 (up from CN¥0.14 in 2Q 2021). Revenue: CN¥7.16b (up 75% from 2Q 2021). Net income: CN¥105.7m (up 156% from 2Q 2021). Profit margin: 1.5% (up from 1.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥42.15, the stock trades at a trailing P/E ratio of 79.4x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total loss to shareholders of 2.1% over the past three years. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: CN¥0.26 (vs CN¥0.13 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.26 (up from CN¥0.13 in 1Q 2021). Revenue: CN¥4.87b (up 82% from 1Q 2021). Net income: CN¥81.4m (up 100% from 1Q 2021). Profit margin: 1.7% (up from 1.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 7 new directors. 5 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Director Tian Liang is the most experienced director on the board, commencing their role in 2016. Independent Director Wenhao Yang was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 15
Full year 2021 earnings released: EPS: CN¥0.46 (vs CN¥0.17 in FY 2020) Full year 2021 results: EPS: CN¥0.46 (up from CN¥0.17 in FY 2020). Revenue: CN¥16.1b (up 58% from FY 2020). Net income: CN¥139.1m (up 174% from FY 2020). Profit margin: 0.9% (up from 0.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Dec 19
Rising Nonferrous Metals Share Co.,Ltd. announced that it has received CNY 1.3960812 billion in funding from Guangdong Rising Assets Management Co., Ltd. On December 17, 2021, Rising Nonferrous Metals Share Co.,Ltd. closed the transaction. The company announced that it has received approval from China Securities Regulatory Commission Zheng Jian Li [2021] No. 3931. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.057 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥4.09b (up 100% from 2Q 2020). Net income: CN¥41.3m (up 135% from 2Q 2020). Profit margin: 1.0% (up from 0.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Announcement • Jun 02
Rising Nonferrous Metals Share Co.,Ltd. (SHSE:600259) agreed to acquire 51% stake in Shenzhen Feller Magnets corporation from Guangdong Rare Earths Industry Group Co., Ltd. for CNY 32.4 million. Rising Nonferrous Metals Share Co.,Ltd. (SHSE:600259) agreed to acquire 51% stake in Shenzhen Feller Magnets corporation from Guangdong Rare Earths Industry Group Co., Ltd. for CNY 32.4 million on May 31, 2021. As of March 31, 2021, Shenzhen Feller had total assets of CNY 234.6 million and net assets of CNY 26.36 million. Reported Earnings • May 04
First quarter 2021 earnings released: EPS CN¥0.13 (vs CN¥0.02 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥2.68b (up 71% from 1Q 2020). Net income: CN¥40.6m (up CN¥35.5m from 1Q 2020). Profit margin: 1.5% (up from 0.3% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.17 (vs CN¥0.15 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: CN¥10.2b (up 126% from FY 2019). Net income: CN¥50.8m (up 15% from FY 2019). Profit margin: 0.5% (down from 1.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 18
New 90-day high: CN¥39.55 The company is up 25% from its price of CN¥31.61 on 20 November 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: CN¥34.73 The company is up 19% from its price of CN¥29.29 on 22 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 13% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: CN¥33.80 The company is up 6.0% from its price of CN¥32.00 on 26 August 2020. The Chinese market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 8.0% over the same period. Announcement • Nov 16
Rising Nonferrous Metals Share Co.,Ltd. (SHSE:600259) agreed to acquire 40% stake in Guangdong Dabaoshan Mining Co., Ltd. from Guangdong Rising Assets Management Co., Ltd. for approximately CNY 440 million. Rising Nonferrous Metals Share Co.,Ltd. (SHSE:600259) agreed to acquire 40% stake in Guangdong Dabaoshan Mining Co., Ltd. from Guangdong Rising Assets Management Co., Ltd. for approximately CNY 440 million on November 12, 2020. The consideration shall be paid as approximately CNY 131 million within 5 days after the agreement is effective and approximately CNY 305 million within 10 days after the transfer is completed. On March 31, 2020, total asset and net asset of Guangdong Dabaoshan Mining Co., Ltd. was approximately CNY 2.9 billion and approximately CNY 290 million respectively. The transaction has been approved in the third meeting of the eighth directorate of Rising Nonferrous Metals Share Co.,Ltd. held on November 12, 2020, and is subjected to its shareholders approval. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS CN¥0.022 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: CN¥2.69b (up 103% from 3Q 2019). Net income: CN¥7.41m (up 53% from 3Q 2019). Profit margin: 0.3% (down from 0.4% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Oct 29
Rising Nonferrous Metals Share Co.,Ltd. to Report Q3, 2020 Results on Oct 31, 2020 Rising Nonferrous Metals Share Co.,Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 26
New 90-day low: CN¥28.61 The company is down 18% from its price of CN¥34.88 on 28 July 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 5.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day low: CN¥29.32 The company is down 2.0% from its price of CN¥30.00 on 30 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period. Announcement • Jul 18
Shixing County Shenguangxing Concrete Co., Ltd. won the bid to acquire Shaoguan Meiziwo Mining Industry Co., Ltd. from Shaoguan Meiziwo Mining Industry Co., Ltd. for CNY 54.5 million. Shixing County Shenguangxing Concrete Co., Ltd. won the bid to acquire Shaoguan Meiziwo Mining Industry Co., Ltd. from Shaoguan Meiziwo Mining Industry Co., Ltd. for CNY 54.5 million on June 29, 2020. Shixing County Shenguangxing Concrete Co., Ltd. agreed to acquire Shaoguan Meiziwo Mining Industry Co., Ltd. from Shaoguan Meiziwo Mining Industry Co., Ltd. recently. Under the terms, CNY 1.175 million will be paid for shares and CNY 53.357857 million will be paid for debt (including interest). Announcement • Jul 17
Rising Nonferrous Metals Share Co.,Ltd. to Report First Half, 2020 Results on Aug 29, 2020 Rising Nonferrous Metals Share Co.,Ltd. announced that they will report first half, 2020 results on Aug 29, 2020