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6035

China Kings Resources GroupLtd SHSE:603505 Stock Report

Last Price

CN¥36.29

Market Cap

CN¥15.6b

7D

-2.9%

1Y

53.3%

Updated

05 Aug, 2022

Data

Company Financials
603505 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

603505 Stock Overview

China Kings Resources Group Co.,Ltd., together with its subsidiaries, invests in and develops fluorite mines in the People’s Republic of China.

China Kings Resources GroupLtd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China Kings Resources GroupLtd
Historical stock prices
Current Share PriceCN¥36.29
52 Week HighCN¥43.25
52 Week LowCN¥16.04
Beta0.58
1 Month Change9.47%
3 Month Change116.01%
1 Year Change53.26%
3 Year Change224.24%
5 Year Change220.00%
Change since IPO1,125.38%

Recent News & Updates

Shareholder Returns

603505CN ChemicalsCN Market
7D-2.9%-1.2%-1.9%
1Y53.3%-10.2%-11.6%

Return vs Industry: 603505 exceeded the CN Chemicals industry which returned -10.2% over the past year.

Return vs Market: 603505 exceeded the CN Market which returned -11.6% over the past year.

Price Volatility

Is 603505's price volatile compared to industry and market?
603505 volatility
603505 Average Weekly Movement7.4%
Chemicals Industry Average Movement6.2%
Market Average Movement6.1%
10% most volatile stocks in CN Market9.2%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 603505 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 603505's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001947Jianping Zhaohttps://www.chinesekings.com

China Kings Resources Group Co.,Ltd., together with its subsidiaries, invests in and develops fluorite mines in the People’s Republic of China. The company produces and sells fluorite products, such as acid grade fluorite fine powder for use as fluorine chemical material; high-grade fluorite lump ore used in the smelting of steel, and production of ceramics and cement; metallurgical grade fluorite fine powder for manufacturing pellets; and common fluorite ore for producing fluorite fine powder. It serves energy and materials, metallurgy, chemical, building materials, and optical industries.

China Kings Resources GroupLtd Fundamentals Summary

How do China Kings Resources GroupLtd's earnings and revenue compare to its market cap?
603505 fundamental statistics
Market CapCN¥15.58b
Earnings (TTM)CN¥235.20m
Revenue (TTM)CN¥1.02b

66.2x

P/E Ratio

15.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
603505 income statement (TTM)
RevenueCN¥1.02b
Cost of RevenueCN¥544.92m
Gross ProfitCN¥476.77m
Other ExpensesCN¥241.57m
EarningsCN¥235.20m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.55
Gross Margin46.66%
Net Profit Margin23.02%
Debt/Equity Ratio46.9%

How did 603505 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

31%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 603505 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603505?

Other financial metrics that can be useful for relative valuation.

603505 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue15.7x
Enterprise Value/EBITDA35.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 603505's PE Ratio compare to its peers?

603505 PE Ratio vs Peers
The above table shows the PE ratio for 603505 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average21.8x
603225 Xinfengming Group
7.4x34.3%CN¥15.0b
002125 Xiangtan Electrochemical ScientificLtd
38.4xn/aCN¥13.8b
600063 Anhui Wanwei Updated High-Tech Material IndustryLtd
12x9.4%CN¥15.3b
605589 Jinan Shengquan Group Share Holding
29.3x23.9%CN¥19.1b
603505 China Kings Resources GroupLtd
66.2xn/aCN¥15.6b

Price-To-Earnings vs Peers: 603505 is expensive based on its Price-To-Earnings Ratio (66.2x) compared to the peer average (21.8x).


Price to Earnings Ratio vs Industry

How does 603505's PE Ratio compare vs other companies in the CN Chemicals Industry?

Price-To-Earnings vs Industry: 603505 is expensive based on its Price-To-Earnings Ratio (66.2x) compared to the CN Chemicals industry average (28.4x)


Price to Earnings Ratio vs Fair Ratio

What is 603505'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.

603505 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio66.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 603505's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 603505 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603505 (CN¥36.29) is trading above our estimate of fair value (CN¥3.23)

Significantly Below Fair Value: 603505 is trading above our estimate of fair value.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is China Kings Resources GroupLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


23.2%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Kings Resources GroupLtd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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Past Performance

How has China Kings Resources GroupLtd performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


26.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 603505 has high quality earnings.

Growing Profit Margin: 603505's current net profit margins (23%) are lower than last year (26.6%).


Past Earnings Growth Analysis

Earnings Trend: 603505's earnings have grown significantly by 26.3% per year over the past 5 years.

Accelerating Growth: 603505's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 603505 had negative earnings growth (-4.5%) over the past year, making it difficult to compare to the Chemicals industry average (22.2%).


Return on Equity

High ROE: 603505's Return on Equity (18.5%) is considered low.


Discover strong past performing companies

Financial Health

How is China Kings Resources GroupLtd's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 603505's short term assets (CN¥732.4M) exceed its short term liabilities (CN¥639.6M).

Long Term Liabilities: 603505's short term assets (CN¥732.4M) exceed its long term liabilities (CN¥258.5M).


Debt to Equity History and Analysis

Debt Level: 603505's net debt to equity ratio (29.5%) is considered satisfactory.

Reducing Debt: 603505's debt to equity ratio has reduced from 70.4% to 46.9% over the past 5 years.

Debt Coverage: 603505's debt is well covered by operating cash flow (46.3%).

Interest Coverage: 603505's interest payments on its debt are well covered by EBIT (14x coverage).


Balance Sheet


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Dividend

What is China Kings Resources GroupLtd current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.47%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 603505's dividend (0.47%) is higher than the bottom 25% of dividend payers in the CN market (0.47%).

High Dividend: 603505's dividend (0.47%) is low compared to the top 25% of dividend payers in the CN market (1.94%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 603505 has been paying a dividend for less than 10 years.

Growing Dividend: 603505's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (31.5%), 603505's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (177.3%), 603505's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

4.3yrs

Average management tenure


CEO

Jianping Zhao (65 yo)

no data

Tenure

CN¥707,000

Compensation

Mr. Jianping Zhao is General Manager and Chief Engineer of China Kings Resources Group Co.,Ltd. and also serves as its Director since December 04, 2014.


Leadership Team

Experienced Management: 603505's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: 603505's board of directors are considered experienced (3.7 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

China Kings Resources Group Co.,Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: China Kings Resources Group Co.,Ltd.
  • Ticker: 603505
  • Exchange: SHSE
  • Founded: 2001
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Implied Market Cap: CN¥15.580b
  • Shares outstanding: 429.31m
  • Website: https://www.chinesekings.com

Number of Employees


Location

  • China Kings Resources Group Co.,Ltd.
  • Room 2301, South Building
  • Anno Domini Mansion
  • Hangzhou
  • Zhejiang Province
  • 310013
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/05 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.