Announcement • Jun 30
Ningbo Jintian Copper (Group) Co., Ltd. to Report First Half, 2026 Results on Aug 19, 2026 Ningbo Jintian Copper (Group) Co., Ltd. announced that they will report first half, 2026 results on Aug 19, 2026 Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥11.00, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 35x in the Metals and Mining industry in China. Total returns to shareholders of 81% over the past three years. New Risk • Jun 12
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 8.6% 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 (3.7% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (15% increase in shares outstanding). Declared Dividend • Jun 01
Dividend of CN¥0.14 announced Shareholders will receive a dividend of CN¥0.14. Ex-date: 8th June 2026 Payment date: 8th June 2026 Dividend yield will be 1.1%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 3.9% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥12.09, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 43x in the Metals and Mining industry in China. Total returns to shareholders of 90% over the past three years. Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: CN¥0.10 (vs CN¥0.11 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.10. Revenue: CN¥36.5b (up 34% from 1Q 2025). Net income: CN¥170.3m (up 13% from 1Q 2025). Profit margin: 0.5% (down from 0.6% in 1Q 2025). The decrease in margin was driven by higher expenses. Announcement • Apr 24
Ningbo Jintian Copper (Group) Co., Ltd., Annual General Meeting, May 14, 2026 Ningbo Jintian Copper (Group) Co., Ltd., Annual General Meeting, May 14, 2026, at 14:00 China Standard Time. Location: 5F, No. 1, Chengxi West Road, Cicheng Town, Jiangbei District, Ningbo, Zhejiang China Announcement • Mar 30
Ningbo Jintian Copper (Group) Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Ningbo Jintian Copper (Group) Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Announcement • Jan 31
Ningbo Jintian Copper (Group) Co., Ltd. (SHSE:601609) announces an Equity Buyback for CNY 400 million worth of its shares. Ningbo Jintian Copper (Group) Co., Ltd. (SHSE:601609) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its shares. The shares will be purchased at a price not exceeding CNY 16.84 per share. The purpose of the program is to convert company convertible bonds. The repurchases fund will be own funds and special repurchase loans. The program will be valid for 12 months. Announcement • Dec 26
Ningbo Jintian Copper (Group) Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Ningbo Jintian Copper (Group) Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 New Risk • Nov 18
New major risk - Revenue and earnings growth Earnings have declined by 2.9% 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 Debt is not well covered by operating cash flow (5.0% operating cash flow to total debt). Earnings have declined by 2.9% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Reported Earnings • Oct 19
Third quarter 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.13 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.14 (up from CN¥0.13 in 3Q 2024). Revenue: CN¥32.5b (down 4.4% from 3Q 2024). Net income: CN¥215.1m (up 30% from 3Q 2024). Profit margin: 0.7% (up from 0.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 20% per year. Announcement • Sep 30
Ningbo Jintian Copper (Group) Co., Ltd. to Report Q3, 2025 Results on Oct 18, 2025 Ningbo Jintian Copper (Group) Co., Ltd. announced that they will report Q3, 2025 results on Oct 18, 2025 New Risk • Aug 20
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 20% 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 (20% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: CN¥0.15 (vs CN¥0.009 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.15 (up from CN¥0.009 in 2Q 2024). Revenue: CN¥32.0b (down 3.1% from 2Q 2024). Net income: CN¥222.6m (up CN¥208.6m from 2Q 2024). Profit margin: 0.7% (up from 0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 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 remained flat but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Aug 15
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 72% to CN¥11.39. The fair value is estimated to be CN¥8.93, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 67% in the next 2 years. New Risk • Aug 14
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 6.7% 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 Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥10.35, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥8.67 per share. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥8.06, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.66 per share. Announcement • Jun 30
Ningbo Jintian Copper (Group) Co., Ltd. to Report First Half, 2025 Results on Aug 19, 2025 Ningbo Jintian Copper (Group) Co., Ltd. announced that they will report first half, 2025 results on Aug 19, 2025 Declared Dividend • Jun 07
Dividend of CN¥0.11 announced Shareholders will receive a dividend of CN¥0.11. Ex-date: 13th June 2025 Payment date: 13th June 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased over the past 4 years and payments have been stable during that time. EPS is expected to grow by 74% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 15
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.32 (down from CN¥0.37 in FY 2023). Revenue: CN¥124.2b (up 12% from FY 2023). Net income: CN¥462.0m (down 12% from FY 2023). Profit margin: 0.4% (down from 0.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 6.5%. Earnings per share (EPS) also missed analyst estimates by 1.6%. Revenue is forecast to grow 9.4% 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 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Apr 15
Ningbo Jintian Copper (Group) Co., Ltd., Annual General Meeting, May 13, 2025 Ningbo Jintian Copper (Group) Co., Ltd., Annual General Meeting, May 13, 2025, at 14:00 China Standard Time. Location: 5F, No. 1, Chengxi West Road, Cicheng Town, Jiangbei District, Ningbo, Zhejiang China Announcement • Mar 28
Ningbo Jintian Copper (Group) Co., Ltd. to Report Q1, 2025 Results on Apr 22, 2025 Ningbo Jintian Copper (Group) Co., Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 Announcement • Dec 27
Ningbo Jintian Copper (Group) Co., Ltd. to Report Fiscal Year 2024 Results on Apr 15, 2025 Ningbo Jintian Copper (Group) Co., Ltd. announced that they will report fiscal year 2024 results on Apr 15, 2025 Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥7.17, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.54 per share. Announcement • Nov 23
Ningbo Jintian Copper (Group) Co., Ltd. (SHSE:601609) announces an Equity Buyback for CNY 200 million worth of its shares. Ningbo Jintian Copper (Group) Co., Ltd. (SHSE:601609) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be purchased at a price not exceeding CNY 8.61 per share. The purpose of the program is to improve the efficiency of the company's capital utilization, and boost the confidence of investors. The repurchased shares will be used to convert company convertible bonds, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds and the special loan funds. The program will be valid for 12 months. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.061 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.13 (up from CN¥0.061 in 3Q 2023). Revenue: CN¥34.0b (up 18% from 3Q 2023). Net income: CN¥165.1m (up 86% from 3Q 2023). Profit margin: 0.5% (up from 0.3% in 3Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 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 23% 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. Buy Or Sell Opportunity • Oct 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.3% to CN¥5.26. The fair value is estimated to be CN¥6.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 21%. Revenue is forecast to grow by 26% in 2 years. Earnings are forecast to grow by 118% in the next 2 years. Announcement • Sep 30
Ningbo Jintian Copper (Group) Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Ningbo Jintian Copper (Group) Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥5.85, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.68 per share. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.009 (vs CN¥0.15 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.009 (down from CN¥0.15 in 2Q 2023). Revenue: CN¥33.0b (up 13% from 2Q 2023). Net income: CN¥14.0m (down 93% from 2Q 2023). Profit margin: 0% (down from 0.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 19% per year. Buy Or Sell Opportunity • Aug 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to CN¥5.26. The fair value is estimated to be CN¥6.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 49% in the next 2 years. Announcement • Jun 28
Ningbo Jintian Copper (Group) Co., Ltd. to Report First Half, 2024 Results on Aug 20, 2024 Ningbo Jintian Copper (Group) Co., Ltd. announced that they will report first half, 2024 results on Aug 20, 2024 Declared Dividend • May 31
Dividend of CN¥0.12 announced Shareholders will receive a dividend of CN¥0.12. Ex-date: 6th June 2024 Payment date: 6th June 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.2% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 65% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 23
Ningbo Jintian Copper (Group) Co., Ltd., Annual General Meeting, May 14, 2024 Ningbo Jintian Copper (Group) Co., Ltd., Annual General Meeting, May 14, 2024, at 14:00 China Standard Time. Location: No. 1, Chengxi West Road, Cicheng Town, Jiangbei District, Ningbo, Zhejiang China Reported Earnings • Apr 23
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: CN¥0.37 (up from CN¥0.29 in FY 2022). Revenue: CN¥110.5b (up 9.2% from FY 2022). Net income: CN¥526.8m (up 25% from FY 2022). Profit margin: 0.5% (up from 0.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 26%. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year. Announcement • Mar 30
Ningbo Jintian Copper (Group) Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Ningbo Jintian Copper (Group) Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Mar 05
Ningbo Jintian Copper (Group) Co., Ltd. (SHSE:601609) announces an Equity Buyback for CNY 200 million worth of its shares. Ningbo Jintian Copper(Group) Co., Ltd. (SHSE:601609) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 12.54 per share. The repurchased shares will be used for ESOP or equity incentives plans. The company intends to use its own funds to repurchase its shares. The program will be valid till March 3, 2025. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to CN¥4.93, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 47% over the past three years. Announcement • Dec 29
Ningbo Jintian Copper (Group) Co., Ltd. to Report Fiscal Year 2023 Results on Apr 23, 2024 Ningbo Jintian Copper (Group) Co., Ltd. announced that they will report fiscal year 2023 results on Apr 23, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.061 (vs CN¥0.008 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.061 (up from CN¥0.008 in 3Q 2022). Revenue: CN¥28.8b (up 11% from 3Q 2022). Net income: CN¥88.6m (up CN¥76.6m from 3Q 2022). Profit margin: 0.3% (up from 0% in 3Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 11% per year. Announcement • Sep 30
Ningbo Jintian Copper (Group) Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 Ningbo Jintian Copper (Group) Co., Ltd. announced that they will report Q3, 2023 results on Oct 28, 2023 Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.18 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.15 (down from CN¥0.18 in 2Q 2022). Revenue: CN¥29.3b (up 1.1% from 2Q 2022). Net income: CN¥210.7m (down 18% from 2Q 2022). Profit margin: 0.7% (down from 0.9% in 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Announcement • Jun 28
Ningbo Jintian Copper(Group) Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Ningbo Jintian Copper(Group) Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: CN¥0.06 (vs CN¥0.09 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.06 (down from CN¥0.09 in 1Q 2022). Revenue: CN¥24.0b (up 12% from 1Q 2022). Net income: CN¥84.4m (down 37% from 1Q 2022). Profit margin: 0.4% (down from 0.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year. 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. 8 experienced directors. No highly experienced directors. 1 independent director (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 30
Third quarter 2022 earnings released: EPS: CN¥0.008 (vs CN¥0.12 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.008 (down from CN¥0.12 in 3Q 2021). Revenue: CN¥25.9b (up 23% from 3Q 2021). Net income: CN¥11.9m (down 93% from 3Q 2021). Profit margin: 0% (down from 0.8% in 3Q 2021). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: CN¥0.18 (vs CN¥0.18 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.18. Revenue: CN¥29.0b (up 34% from 2Q 2021). Net income: CN¥255.2m (down 5.9% from 2Q 2021). Profit margin: 0.9% (down from 1.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 12%, compared to a 30% growth forecast for the Metals and Mining industry in China. Board Change • Apr 27
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. 6 experienced directors. No highly experienced directors. 1 independent director (4 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 • Apr 21
First quarter 2022 earnings: EPS misses analyst expectations First quarter 2022 results: EPS: CN¥0.09 (up from CN¥0.07 in 1Q 2021). Revenue: CN¥21.4b (up 36% from 1Q 2021). Net income: CN¥134.2m (up 32% from 1Q 2021). Profit margin: 0.6% (in line with 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 16%, compared to a 37% growth forecast for the industry in China. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥9.55, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 31x in the Metals and Mining industry in China. Total loss to shareholders of 17% over the past year. Reported Earnings • Oct 23
Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.08 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥21.1b (up 63% from 3Q 2020). Net income: CN¥169.0m (up 50% from 3Q 2020). Profit margin: 0.8% (down from 0.9% in 3Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS CN¥0.18 (vs CN¥0.13 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥21.7b (up 101% from 2Q 2020). Net income: CN¥271.3m (up 41% from 2Q 2020). Profit margin: 1.2% (down from 1.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.07 (vs CN¥0.05 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥15.7b (up 102% from 1Q 2020). Net income: CN¥101.7m (up 84% from 1Q 2020). Profit margin: 0.6% (down from 0.7% in 1Q 2020). Reported Earnings • Mar 05
Full year 2020 earnings released: EPS CN¥0.37 (vs CN¥0.41 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¥46.8b (up 14% from FY 2019). Net income: CN¥509.6m (up 3.1% from FY 2019). Profit margin: 1.1% (down from 1.2% in FY 2019). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥12.18, the stock is trading at a trailing P/E ratio of 29.9x, up from the previous P/E ratio of 25.1x. This compares to an average P/E of 34x in the Metals and Mining industry in China. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥9.46 The company is down 5.0% from its price of CN¥9.96 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 13% over the same period. Is New 90 Day High Low • Nov 28
New 90-day high: CN¥12.46 The company is up 11% from its price of CN¥11.27 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Nov 12
Market bids up stock over the past week After last week's 18% share price gain to CN¥11.64, the stock is trading at a trailing P/E ratio of 28.6x, up from the previous P/E ratio of 24.3x. This compares to an average P/E of 34x in the Metals and Mining industry in China. Is New 90 Day High Low • Oct 31
New 90-day low: CN¥9.66 The company is down 23% from its price of CN¥12.49 on 31 July 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 9.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥530.8m, up 30% from the prior year. Total revenue was CN¥42.4b over the last 12 months, up 5.9% from the prior year. Announcement • Jul 06
Ningbo Jintian Copper(Group) Co., Ltd. to Report First Half, 2020 Results on Aug 18, 2020 Ningbo Jintian Copper(Group) Co., Ltd. announced that they will report first half, 2020 results on Aug 18, 2020 
