Xiamen Tungsten Co.,Ltd.

SHSE:600549 Stock Report

Market Cap: CN¥28.4b

Xiamen TungstenLtd Valuation

Is 600549 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 600549 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600549 (CN¥20.02) is trading below our estimate of fair value (CN¥305.7)

Significantly Below Fair Value: 600549 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600549?

Key metric: As 600549 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600549. This is calculated by dividing 600549's market cap by their current earnings.
What is 600549's PE Ratio?
PE Ratio15.4x
EarningsCN¥1.84b
Market CapCN¥28.39b

Price to Earnings Ratio vs Peers

How does 600549's PE Ratio compare to its peers?

The above table shows the PE ratio for 600549 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.6x
600497 Yunnan Chihong Zinc & Germanium
25.5x22.7%CN¥29.5b
002738 Sinomine Resource Group
38.6x39.0%CN¥26.4b
000933 Henan Shenhuo Coal Industry and Electricity Power
6.8x9.3%CN¥36.4b
601168 Western MiningLtd
11.4x18.0%CN¥38.0b
600549 Xiamen TungstenLtd
15.4x14.4%CN¥28.4b

Price-To-Earnings vs Peers: 600549 is good value based on its Price-To-Earnings Ratio (15.4x) compared to the peer average (20.6x).

Price to Earnings Ratio vs Industry

How does 600549's PE Ratio compare vs other companies in the CN Metals and Mining Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
600117 Xining Special Steel.Co.Ltd
3.3xn/aUS$1.11b
No more companies available in this PE range
600549 15.4xIndustry Avg. 28.2xNo. of Companies23PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600549 is good value based on its Price-To-Earnings Ratio (15.4x) compared to the CN Metals and Mining industry average (28.2x).

Price to Earnings Ratio vs Fair Ratio

What is 600549's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

600549 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.4x
Fair PE Ratio20.2x

Price-To-Earnings vs Fair Ratio: 600549 is good value based on its Price-To-Earnings Ratio (15.4x) compared to the estimated Fair Price-To-Earnings Ratio (20.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 600549 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥20.02
CN¥24.80
+23.9%
2.8%CN¥25.50CN¥24.10n/a2
Dec ’25CN¥20.75
CN¥23.05
+11.1%
10.6%CN¥25.50CN¥20.60n/a2
Nov ’25CN¥21.19
CN¥23.05
+8.8%
10.6%CN¥25.50CN¥20.60n/a2
Oct ’25CN¥20.92
CN¥23.05
+10.2%
10.6%CN¥25.50CN¥20.60n/a2
Sep ’25CN¥17.00
CN¥23.05
+35.6%
10.6%CN¥25.50CN¥20.60n/a2
Aug ’25CN¥16.96
CN¥22.40
+32.1%
8.0%CN¥24.20CN¥20.60n/a2
Jul ’25CN¥17.54
CN¥22.40
+27.7%
8.0%CN¥24.20CN¥20.60n/a2
Jun ’25CN¥19.03
CN¥22.40
+17.7%
8.0%CN¥24.20CN¥20.60n/a2
May ’25CN¥19.17
CN¥22.40
+16.8%
8.0%CN¥24.20CN¥20.60n/a2
Apr ’25CN¥19.68
CN¥21.10
+7.2%
2.4%CN¥21.60CN¥20.60n/a2
Feb ’25CN¥15.18
CN¥24.28
+59.9%
13.2%CN¥28.40CN¥20.60n/a3
Jan ’25CN¥17.18
CN¥24.28
+41.3%
13.2%CN¥28.40CN¥20.60n/a3
Dec ’24CN¥17.12
CN¥24.28
+41.8%
13.2%CN¥28.40CN¥20.60CN¥20.753
Nov ’24CN¥17.11
CN¥24.28
+41.9%
13.2%CN¥28.40CN¥20.60CN¥21.193
Oct ’24CN¥17.15
CN¥24.28
+41.6%
13.2%CN¥28.40CN¥20.60CN¥20.923
Sep ’24CN¥17.55
CN¥26.21
+49.3%
16.6%CN¥32.00CN¥20.60CN¥17.004
Aug ’24CN¥19.10
CN¥26.21
+37.2%
16.6%CN¥32.00CN¥20.60CN¥16.964
Jul ’24CN¥19.03
CN¥26.30
+38.2%
21.7%CN¥32.00CN¥20.60CN¥17.542
Jun ’24CN¥18.39
CN¥26.30
+43.0%
21.7%CN¥32.00CN¥20.60CN¥19.032
May ’24CN¥19.54
CN¥25.54
+30.7%
18.7%CN¥32.00CN¥20.60CN¥19.173
Apr ’24CN¥20.38
CN¥25.54
+25.3%
18.7%CN¥32.00CN¥20.60CN¥19.683
Mar ’24CN¥22.79
CN¥25.54
+12.1%
18.7%CN¥32.00CN¥20.60CN¥16.903
Feb ’24CN¥23.48
CN¥22.32
-5.0%
7.7%CN¥24.03CN¥20.60CN¥15.182
Jan ’24CN¥19.55
CN¥22.32
+14.1%
7.7%CN¥24.03CN¥20.60CN¥17.182
Dec ’23CN¥21.73
CN¥22.32
+2.7%
7.7%CN¥24.03CN¥20.60CN¥17.122

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:34
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Xiamen Tungsten Co.,Ltd. is covered by 24 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fuzheng WeiAvic Securities Co., Ltd
Jun GeChangjiang Securities Co. LTD.
Zheng WangChina International Capital Corporation Limited