Announcement • Jun 30
Pangang Group Vanadium & Titanium Resources Co., Ltd. to Report First Half, 2026 Results on Aug 24, 2026 Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that they will report first half, 2026 results on Aug 24, 2026 Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Bofu Deng was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Dec 31
Pangang Group Vanadium & Titanium Resources Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Announcement • Sep 30
Pangang Group Vanadium & Titanium Resources Co., Ltd. to Report Q3, 2025 Results on Oct 27, 2025 Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that they will report Q3, 2025 results on Oct 27, 2025 Announcement • Jul 02
Pangang Group Vanadium & Titanium Resources Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • Apr 23
Pangang Group Vanadium & Titanium Resources Co., Ltd. (SZSE:000629) announces an Equity Buyback for CNY 200 million worth of its shares. Pangang Group Vanadium & Titanium Resources Co., Ltd. (SZSE:000629) 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 4.30 per share. The repurchased shares will be used for implementation of equity incentives. The authorization will be valid for a period of 12 months. Announcement • Mar 31
Pangang Group Vanadium & Titanium Resources Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Mar 29
Pangang Group Vanadium & Titanium Resources Co., Ltd., Annual General Meeting, Apr 25, 2025 Pangang Group Vanadium & Titanium Resources Co., Ltd., Annual General Meeting, Apr 25, 2025, at 14:40 China Standard Time. Location: The Company's Meeting Room, Panzhihua, Sichuan China Announcement • Dec 31
Pangang Group Vanadium & Titanium Resources Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 18
Third quarter 2024 earnings released: EPS: CN¥0.005 (vs CN¥0.028 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.005 (down from CN¥0.028 in 3Q 2023). Revenue: CN¥3.32b (down 6.0% from 3Q 2023). Net income: CN¥45.9m (down 83% from 3Q 2023). Profit margin: 1.4% (down from 7.5% in 3Q 2023). Revenue is forecast to grow 7.5% 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 34% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Pangang Group Vanadium & Titanium Resources Co., Ltd. to Report Q3, 2024 Results on Oct 18, 2024 Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that they will report Q3, 2024 results on Oct 18, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥2.68, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 13x in the Metals and Mining industry in China. Total loss to shareholders of 44% over the past three years. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: CN¥0.008 (vs CN¥0.032 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.008 (down from CN¥0.032 in 2Q 2023). Revenue: CN¥3.57b (down 2.9% from 2Q 2023). Net income: CN¥69.2m (down 75% from 2Q 2023). Profit margin: 1.9% (down from 7.4% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.8% 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 20% per year whereas the company’s share price has fallen by 17% per year. Announcement • Jun 29
Pangang Group Vanadium & Titanium Resources Co., Ltd. to Report First Half, 2024 Results on Aug 16, 2024 Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that they will report first half, 2024 results on Aug 16, 2024 Reported Earnings • May 04
First quarter 2024 earnings released: EPS: CN¥0.007 (vs CN¥0.038 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.007 (down from CN¥0.038 in 1Q 2023). Revenue: CN¥3.59b (down 9.2% from 1Q 2023). Net income: CN¥68.1m (down 79% from 1Q 2023). Profit margin: 1.9% (down from 8.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% 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 5% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Mar 30
Pangang Group Vanadium & Titanium Resources Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Mar 26
Pangang Group Vanadium & Titanium Resources Co., Ltd., Annual General Meeting, Apr 26, 2024 Pangang Group Vanadium & Titanium Resources Co., Ltd., Annual General Meeting, Apr 26, 2024, at 14:40 China Standard Time. Location: The Company's Meeting Room, Panzhihua, Sichuan China Reported Earnings • Mar 26
Full year 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.16 in FY 2022) Full year 2023 results: EPS: CN¥0.12 (down from CN¥0.16 in FY 2022). Revenue: CN¥14.4b (down 4.7% from FY 2022). Net income: CN¥1.06b (down 21% from FY 2022). Profit margin: 7.4% (down from 8.9% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.5% 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 increased by 10% per year whereas the company’s share price has increased by 12% per year. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥3.05, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Metals and Mining industry in China. Total returns to shareholders of 50% over the past three years. Announcement • Dec 30
Pangang Group Vanadium & Titanium Resources Co., Ltd. to Report Fiscal Year 2023 Results on Mar 26, 2024 Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that they will report fiscal year 2023 results on Mar 26, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: CN¥0.028 (vs CN¥0.018 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.028 (up from CN¥0.018 in 3Q 2022). Revenue: CN¥3.53b (up 12% from 3Q 2022). Net income: CN¥266.1m (up 73% from 3Q 2022). Profit margin: 7.5% (up from 4.9% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year. Announcement • Sep 30
Pangang Group Vanadium & Titanium Resources Co., Ltd. to Report Q3, 2023 Results on Oct 26, 2023 Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that they will report Q3, 2023 results on Oct 26, 2023 Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: CN¥0.032 (vs CN¥0.07 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.032 (down from CN¥0.07 in 2Q 2022). Revenue: CN¥3.68b (down 11% from 2Q 2022). Net income: CN¥273.7m (down 55% from 2Q 2022). Profit margin: 7.4% (down from 15% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.3% 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 increased by 37% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Jul 01
Pangang Group Vanadium & Titanium Resources Co., Ltd. to Report First Half, 2023 Results on Aug 22, 2023 Pangang Group Vanadium & Titanium Resources Co., Ltd. announced that they will report first half, 2023 results on Aug 22, 2023 Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.15 in FY 2021) Full year 2022 results: EPS: CN¥0.16 (up from CN¥0.15 in FY 2021). Revenue: CN¥15.1b (up 7.3% from FY 2021). Net income: CN¥1.34b (up 1.2% from FY 2021). Profit margin: 8.9% (down from 9.4% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 2 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 increased by 34% per year whereas the company’s share price has increased by 30% per year. Board Change • Nov 16
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. Supervisor Mingxiong Xiao is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥5.30, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 87% over the past three years. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.018 (vs CN¥0.032 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.018 (down from CN¥0.032 in 3Q 2021). Revenue: CN¥3.14b (down 18% from 3Q 2021). Net income: CN¥154.2m (down 44% from 3Q 2021). Profit margin: 4.9% (down from 7.2% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.9% 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 increased by 12% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Sep 29
Now 20% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be CN¥5.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 17%. Revenue is forecast to grow by 8.9% in 2 years. Earnings is forecast to grow by 18% in the next 2 years. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: CN¥0.07 (vs CN¥0.041 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.07 (up from CN¥0.041 in 2Q 2021). Revenue: CN¥4.11b (up 8.9% from 2Q 2021). Net income: CN¥603.0m (up 72% from 2Q 2021). Profit margin: 15% (up from 9.3% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.4%, compared to a 32% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 29% share price gain to CN¥7.47, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 127% over the past three years. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥4.18, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥3.05 per share. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.055 (vs CN¥0.018 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.055 (up from CN¥0.018 in 1Q 2021). Revenue: CN¥4.14b (up 23% from 1Q 2021). Net income: CN¥470.2m (up 121% from 1Q 2021). Profit margin: 11% (up from 6.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 35% growth forecast for the industry in China. Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: CN¥0.15 (vs CN¥0.026 in FY 2020) Full year 2021 results: EPS: CN¥0.15 (up from CN¥0.026 in FY 2020). Revenue: CN¥14.1b (up 33% from FY 2020). Net income: CN¥1.33b (up 489% from FY 2020). Profit margin: 9.4% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.2%, compared to a 10,714% growth forecast for the mining industry in China. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 22% share price gain to CN¥4.28, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 98% over the past year. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.032 (vs CN¥0.012 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥3.82b (up 35% from 3Q 2020). Net income: CN¥275.1m (up 163% from 3Q 2020). Profit margin: 7.2% (up from 3.7% in 3Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥4.04, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 93% over the past year. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥4.88, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 112% over the past year. Reported Earnings • Aug 24
Second quarter 2021 earnings released: EPS CN¥0.041 (vs CN¥0.002 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.78b (up 53% from 2Q 2020). Net income: CN¥351.6m (up CN¥336.5m from 2Q 2020). Profit margin: 9.3% (up from 0.6% in 2Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improved over the past week After last week's 21% share price gain to CN¥2.70, the stock trades at a forward P/E ratio of 60x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 34% over the past year. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.018 (vs CN¥0.008 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥3.36b (up 32% from 1Q 2020). Net income: CN¥155.8m (up 121% from 1Q 2020). Profit margin: 4.6% (up from 2.8% in 1Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS CN¥0.026 (vs CN¥0.17 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥10.6b (down 20% from FY 2019). Net income: CN¥225.3m (down 84% from FY 2019). Profit margin: 2.1% (down from 11% in FY 2019). The decrease in margin was driven by lower revenue. Is New 90 Day High Low • Jan 29
New 90-day low: CN¥1.95 The company is down 2.0% from its price of CN¥1.99 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.22 per share. Is New 90 Day High Low • Nov 14
New 90-day high: CN¥2.37 The company is up 6.0% from its price of CN¥2.24 on 14 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.13 per share. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥198.9m, down 92% from the prior year. Total revenue was CN¥10.6b over the last 12 months, down 29% from the prior year. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥2.04 The company is down 5.0% from its price of CN¥2.14 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.82 per share.