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Yunnan Chihong Zinc & GermaniumSHSE:600497 Stock Report

Market Cap

CN¥27.0b

7D

-5.2%

1Y

40.6%

Updated

24 Sep, 2021

Data

Company Financials +
600497 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health3/6
Dividends3/6

600497 Overview

Yunnan Chihong Zinc & Germanium Co., Ltd.

Price History & Performance

Summary of all time highs, changes and price drops for Yunnan Chihong Zinc & Germanium
Historical stock prices
Current Share PriceCN¥5.30
52 Week HighCN¥3.69
52 Week LowCN¥6.44
Beta0.44
1 Month Change-6.03%
3 Month Change18.04%
1 Year Change40.58%
3 Year Change13.98%
5 Year Change-3.81%
Change since IPO613.81%

Recent News & Updates

Shareholder Returns

600497CN Metals and MiningCN Market
7D-5.2%-3.5%-0.2%
1Y40.6%75.6%12.9%

Return vs Industry: 600497 underperformed the CN Metals and Mining industry which returned 83.2% over the past year.

Return vs Market: 600497 exceeded the CN Market which returned 13.7% over the past year.

Price Volatility

Is 600497's price volatile compared to industry and market?
600497 volatility
600497 Beta0.44
Industry Beta0.66
Market Beta1

Stable Share Price: 600497 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 600497's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19519,735Qing Chenhttps://www.chxz.com

Yunnan Chihong Zinc & Germanium Co., Ltd. engages in the exploration, mining, smelting, deep processing, sale, and trading of minerals. The company offers lead, zinc, silver, gold, high purity germanium tetrachloride, zone fused germanium ingots, silver bullions, gold flakes, hot-dip galvanized alloy ingots, zinc ingots, lead ingots, precious metals, and other products.

Yunnan Chihong Zinc & Germanium Fundamentals Summary

How do Yunnan Chihong Zinc & Germanium's earnings and revenue compare to its market cap?
600497 fundamental statistics
Market CapCN¥26.98b
Earnings (TTM)CN¥699.79m
Revenue (TTM)CN¥21.41b

38.6x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
600497 income statement (TTM)
RevenueCN¥21.41b
Cost of RevenueCN¥18.49b
Gross ProfitCN¥2.92b
ExpensesCN¥2.22b
EarningsCN¥699.79m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin13.63%
Net Profit Margin3.27%
Debt/Equity Ratio53.7%

How did 600497 perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

36%

Payout Ratio

Valuation

Is Yunnan Chihong Zinc & Germanium undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 600497 (CN¥5.3) is trading below our estimate of fair value (CN¥11.84)

Significantly Below Fair Value: 600497 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 600497 is poor value based on its PE Ratio (38.6x) compared to the CN Metals and Mining industry average (32.4x).

PE vs Market: 600497 is poor value based on its PE Ratio (38.6x) compared to the CN market (35.1x).


Price to Earnings Growth Ratio

PEG Ratio: 600497 is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: 600497 is good value based on its PB Ratio (1.8x) compared to the CN Metals and Mining industry average (3x).


Future Growth

How is Yunnan Chihong Zinc & Germanium forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

29.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600497's forecast earnings growth (29.8% per year) is above the savings rate (3.3%).

Earnings vs Market: 600497's earnings (29.8% per year) are forecast to grow faster than the CN market (23% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 600497's revenue (5.2% per year) is forecast to grow slower than the CN market (18.1% per year).

High Growth Revenue: 600497's revenue (5.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 600497's Return on Equity is forecast to be low in 3 years time (10.3%).


Past Performance

How has Yunnan Chihong Zinc & Germanium performed over the past 5 years?

35.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 600497 has a large one-off loss of CN¥680.9M impacting its June 30 2021 financial results.

Growing Profit Margin: 600497's current net profit margins (3.3%) are higher than last year (3%).


Past Earnings Growth Analysis

Earnings Trend: 600497's earnings have grown significantly by 35.7% per year over the past 5 years.

Accelerating Growth: 600497's earnings growth over the past year (55.9%) exceeds its 5-year average (35.7% per year).

Earnings vs Industry: 600497 earnings growth over the past year (55.9%) underperformed the Metals and Mining industry 56.1%.


Return on Equity

High ROE: 600497's Return on Equity (1.8%) is considered low.


Financial Health

How is Yunnan Chihong Zinc & Germanium's financial position?


Financial Position Analysis

Short Term Liabilities: 600497's short term assets (CN¥3.1B) do not cover its short term liabilities (CN¥6.1B).

Long Term Liabilities: 600497's short term assets (CN¥3.1B) do not cover its long term liabilities (CN¥6.1B).


Debt to Equity History and Analysis

Debt Level: 600497's debt to equity ratio (53.7%) is considered high.

Reducing Debt: 600497's debt to equity ratio has reduced from 131.8% to 53.7% over the past 5 years.

Debt Coverage: 600497's debt is well covered by operating cash flow (26.2%).

Interest Coverage: 600497's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


Dividend

What is Yunnan Chihong Zinc & Germanium current dividend yield, its reliability and sustainability?

0.94%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 600497's dividend (0.94%) is higher than the bottom 25% of dividend payers in the CN market (0.41%).

High Dividend: 600497's dividend (0.94%) is low compared to the top 25% of dividend payers in the CN market (1.76%).


Stability and Growth of Payments

Stable Dividend: 600497's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600497's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36.4%), 600497's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 600497's dividends in 3 years are forecast to be covered by earnings (54.9% payout ratio).


Next Steps

Management

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

6.1yrs

Average management tenure


CEO

Qing Chen (52 yo)

0.50

Tenure

CN¥1,010,200

Compensation

Mr. Qing Chen serves as a Director of Yunnan Chihong Zinc & Germanium Co., Ltd since January 12, 2015 and has also been its General Manager since March 24, 2021.


Leadership Team

Experienced Management: 600497's management team is seasoned and experienced (6.1 years average tenure).


Board Members

Experienced Board: 600497's board of directors are considered experienced (5.6 years average tenure).


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

Yunnan Chihong Zinc & Germanium Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Yunnan Chihong Zinc & Germanium Co., Ltd.
  • Ticker: 600497
  • Exchange: SHSE
  • Founded: 1951
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CN¥26.984b
  • Shares outstanding: 5.09b
  • Website: https://www.chxz.com

Number of Employees


Location

  • Yunnan Chihong Zinc & Germanium Co., Ltd.
  • Qujing Economic and Technological Develo
  • Intersection of Cuifeng West Road and Xu
  • Qujing
  • Yunnan Province
  • 655011
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:34
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.