SHSE:600392

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Shenghe Resources Holding

Executive Summary

Shenghe Resources Holding Co., Ltd develops, produces, and supplies rare earth (RE) resource and relevant products in China and internationally. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.

Share Price & News

How has Shenghe Resources Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 600392 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: 600392's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of CN stocks.


Market Performance


7 Day Return

-11.3%

600392

0.006%

CN Metals and Mining

-4.1%

CN Market


1 Year Return

211.2%

600392

33.2%

CN Metals and Mining

23.1%

CN Market

Return vs Industry: 600392 exceeded the CN Metals and Mining industry which returned 33.2% over the past year.

Return vs Market: 600392 exceeded the CN Market which returned 23.1% over the past year.


Shareholder returns

600392IndustryMarket
7 Day-11.3%0.006%-4.1%
30 Day43.5%4.8%-2.2%
90 Day146.6%13.4%4.7%
1 Year211.2%211.2%35.3%33.2%25.1%23.1%
3 Year70.9%70.1%8.3%2.9%29.6%23.3%
5 Year183.6%182.1%33.1%26.7%44.1%34.3%

Long-Term Price Volatility Vs. Market

How volatile is Shenghe Resources Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shenghe Resources Holding undervalued compared to its fair value and its price relative to the market?

7.02x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 600392 (CN¥22) is trading above our estimate of fair value (CN¥1.47)

Significantly Below Fair Value: 600392 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 600392 is unprofitable, so we can't compare its PE Ratio to the CN Metals and Mining industry average.

PE vs Market: 600392 is unprofitable, so we can't compare its PE Ratio to the CN market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 600392's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 600392 is overvalued based on its PB Ratio (7x) compared to the CN Metals and Mining industry average (2.3x).


Next Steps

Future Growth

How is Shenghe Resources Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

43.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600392 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.3%).

Earnings vs Market: 600392 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 600392's is expected to become profitable in the next 3 years.

Revenue vs Market: 600392's revenue is expected to decline over the next 3 years (-2.3% per year).

High Growth Revenue: 600392's revenue is forecast to decline over the next 3 years (-2.3% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600392's Return on Equity is forecast to be low in 3 years time (5.5%).


Next Steps

Past Performance

How has Shenghe Resources Holding performed over the past 5 years?

10.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600392 is currently unprofitable.

Growing Profit Margin: 600392 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 600392 is unprofitable, but has reduced losses over the past 5 years at a rate of 10.7% per year.

Accelerating Growth: Unable to compare 600392's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 600392 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (6.3%).


Return on Equity

High ROE: 600392 has a negative Return on Equity (0.79%), as it is currently unprofitable.


Next Steps

Financial Health

How is Shenghe Resources Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 600392's short term assets (CN¥7.4B) exceed its short term liabilities (CN¥4.3B).

Long Term Liabilities: 600392's short term assets (CN¥7.4B) exceed its long term liabilities (CN¥106.7M).


Debt to Equity History and Analysis

Debt Level: 600392's debt to equity ratio (34.9%) is considered satisfactory.

Reducing Debt: 600392's debt to equity ratio has reduced from 50.3% to 34.9% over the past 5 years.

Debt Coverage: 600392's debt is not well covered by operating cash flow (19.7%).

Interest Coverage: 600392 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Shenghe Resources Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 600392's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 600392's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 600392's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 600392's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 600392 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 600392's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Ze Song Hu (37 yo)

1.83yrs

Tenure

Mr. Ze Song Hu serves as the Chairman of the Board of Directors of Shenghe Resources Holding Co. Ltd (alternately known as Tiancheng Co., Ltd. of Taiyuan University of Technology) since January 26, 2013 an...


Leadership Team

NamePositionTenureCompensationOwnership
Ze Song Hu
Chairman & GM1.83yrsno datano data
Lan Tian Xia
Chief Financial Officerno dataCN¥750.00kno data
Hou Bing Huang
Deputy General Manager2.08yrsCN¥750.00kno data
Ji Hai Zhou
Vice General Managerno dataCN¥260.30kno data
Shaochun Mao
Deputy General Managerno dataCN¥500.00kno data
Yanli Wang
Deputy General managerno dataCN¥750.00kno data
Xiaolei Guo
Secretary of the Board2.08yrsCN¥750.00kno data

2.1yrs

Average Tenure

Experienced Management: 600392's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ze Song Hu
Chairman & GM1.83yrsno datano data
Guang Tang
Vice Chairman1.83yrsCN¥499.71kno data
Rong Gui Weng
Chairman of the Supervisory Board2.08yrsCN¥777.90kno data
Ming Zeng
Director2.08yrsCN¥950.62kno data
Zhen Hai Yang
Directorno datano datano data
Jingwen Mao
Independent Director2.08yrsCN¥51.00kno data
Xiu Juan Gu
Independent Director2.08yrsCN¥72.00kno data
Wenhao Yang
Independent Director2.08yrsCN¥51.00kno data
Yán Aru
Independent Director2.08yrsCN¥72.00kno data
Shiqiang Yan
Director2.08yrsno datano data
Wen Dong
Director2.08yrsCN¥600.00kno data
Xiaohui Wang
Director2.08yrsCN¥950.62kno data

2.1yrs

Average Tenure

47yo

Average Age

Experienced Board: 600392's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shenghe Resources Holding Co., Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shenghe Resources Holding Co., Ltd
  • Ticker: 600392
  • Exchange: SHSE
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CN¥39.106b
  • Shares outstanding: 1.75b
  • Website: https://www.shengheholding.com

Number of Employees


Location

  • Shenghe Resources Holding Co., Ltd
  • Chengnan Tianfu Mansion
  • Floor 7
  • Chengdu
  • Sichuan Province
  • 610041
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600392SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYJan 2013
600392XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYJan 2013

Biography

Shenghe Resources Holding Co., Ltd develops, produces, and supplies rare earth (RE) resource and relevant products in China and internationally. Its principal products include RE concentrates, RE oxidants,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/26 09:07
End of Day Share Price2021/02/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.