Board Change • May 20
High number of new directors There are 7 new directors who have joined the board in the last 3 years. GM & Director Huiming Shen was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 27
China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, May 20, 2026 China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, May 20, 2026, at 14:30 China Standard Time. Location: 10F, No. 288, Zuanshi Road, Hetang District, Zhuzhou, Hunan China Announcement • Mar 31
China Tungsten And Hightech Materials Co.,Ltd to Report Q1, 2026 Results on Apr 27, 2026 China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q1, 2026 results on Apr 27, 2026 Announcement • Dec 31
China Tungsten And Hightech Materials Co.,Ltd to Report Fiscal Year 2025 Results on Apr 27, 2026 China Tungsten And Hightech Materials Co.,Ltd announced that they will report fiscal year 2025 results on Apr 27, 2026 Announcement • Oct 28
China Tungsten And Hightech Materials Co.,Ltd (SZSE:000657) signed an equity transfer agreement to acquire 99.97% stake in Hengyang Yuanjing Tungsten Co., Ltd. from China Minmetals Tungsten Group Co., Ltd. for approximately CNY 820 million. China Tungsten And Hightech Materials Co.,Ltd (SZSE:000657) signed an equity transfer agreement to acquire 99.97% stake in Hengyang Yuanjing Tungsten Co., Ltd. from China Minmetals Tungsten Group Co., Ltd. for approximately CNY 820 million on October 24, 2025. A cash consideration of CNY 821.49 million will be paid by China Tungsten And Hightech Materials Co.,Ltd. As part of consideration, CNY 821.49 million is paid towards common equity of Hengyang Yuanjing Tungsten Co., Ltd. The transaction will be financed entirely from the China Tungsten And Hightech Materials Co.,Ltd's own capital.
As of May 31, 2025, Hengyang Yuanjing Tungsten Co., Ltd. reported total assets of CNY 409.25 million and total common equity of CNY 304.03 million.
The transaction is subject to approval of offer by acquirer shareholders and approval of offer by acquirer board. The deal has been unanimously approved by the board of China Tungsten And Hightech Materials Co.,Ltd. Announcement • Sep 30
China Tungsten And Hightech Materials Co.,Ltd to Report Q3, 2025 Results on Oct 27, 2025 China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q3, 2025 results on Oct 27, 2025 Announcement • Jul 02
China Tungsten And Hightech Materials Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025 China Tungsten And Hightech Materials Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • Jun 13
China Tungsten and Hightech Materials Co.,Ltd Approves Final Profit Distribution on A Shares for 2024, Payable on June 19, 2025 China Tungsten And Hightech Materials Co.,Ltd approved final profit distribution on A Shares for 2024, payable on June 19, 2025. For the period, the company reported Cash dividend/10 shares (tax included): CNY 1.60000000 with
Record date: 18 June 2025 and Ex-date: 19 June 2025. Announcement • May 20
China Tungsten and Hightech Materials Co.,Ltd Announces Board Appointments China Tungsten And Hightech Materials Co.,Ltd at its EGM held on 16 May 2025 appointed Zong Yuran non-independent director; Yi Junjian and Zhang Zhankui as independent directors. Announcement • May 16
China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, Jun 06, 2025 China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, Jun 06, 2025, at 14:30 China Standard Time. Location: No. 288, Zuanshi Road, Hetang District, Zhuzhou, Hunan China Announcement • Mar 31
China Tungsten And Hightech Materials Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025 China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Dec 31
China Tungsten And Hightech Materials Co.,Ltd to Report Fiscal Year 2024 Results on Apr 25, 2025 China Tungsten And Hightech Materials Co.,Ltd announced that they will report fiscal year 2024 results on Apr 25, 2025 Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥11.63, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 9.3% over the past three years. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.042 (vs CN¥0.053 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.042 (down from CN¥0.053 in 3Q 2023). Revenue: CN¥3.42b (up 14% from 3Q 2023). Net income: CN¥59.2m (down 19% from 3Q 2023). Profit margin: 1.7% (down from 2.4% in 3Q 2023). Revenue is forecast to grow 8.7% 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 8% per year whereas the company’s share price has fallen by 3% per year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥9.80, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 20% over the past three years. Announcement • Sep 30
China Tungsten And Hightech Materials Co.,Ltd to Report Q3, 2024 Results on Oct 26, 2024 China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q3, 2024 results on Oct 26, 2024 Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.055 (vs CN¥0.10 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.055 (down from CN¥0.10 in 2Q 2023). Revenue: CN¥3.84b (up 10% from 2Q 2023). Net income: CN¥83.1m (down 42% from 2Q 2023). Profit margin: 2.2% (down from 4.1% in 2Q 2023). Revenue is forecast to grow 8.6% 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 remained flat but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Jun 29
China Tungsten And Hightech Materials Co.,Ltd to Report First Half, 2024 Results on Aug 23, 2024 China Tungsten And Hightech Materials Co.,Ltd announced that they will report first half, 2024 results on Aug 23, 2024 Announcement • Jun 19
China Tungsten And Hightech Materials Co.,Ltd announced that it expects to receive CNY 1.8 billion in funding China Tungsten And Hightech Materials Co.,Ltd announced a private placement of common shares for the gross proceeds of up to CNY 1,800,000,000 on June 17, 2024. Announcement • Jun 18
China Tungsten And Hightech Materials Co.,Ltd to Buy Nonferrous Metals Firm Via Share Issue, Cash China Tungsten And Hightech Materials Co.,Ltd (SZSE:000657) said it plans to buy nonferrous metals firm for CNY 5.2 billion ($716.64 million) via share issue, cash. The Company aims to raise up to CNY 1.8 billion in shares Private Placement to fund the acquisition, technical improvement project and boost Capital. New Risk • Jun 04
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 8.3% 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 (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Announcement • May 25
China Tungsten And Hightech Materials Co.,Ltd Implements Cash Dividend for the Year 2023, Payable on 31 May 2024 China Tungsten And Hightech Materials Co.,Ltd announced 2023 final profit distribution plan to be implemented (A shares): cash dividend/10 shares (tax included) of CNY 1.30000000. Record date is 30 May 2024. Ex-date is 31 May 2024. Payment date is 31 May 2024. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥12.46, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 83% over the past three years. Announcement • Apr 28
China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, May 21, 2024 China Tungsten And Hightech Materials Co.,Ltd, Annual General Meeting, May 21, 2024, at 14:30 China Standard Time. Location: Block A, No. 3, Chaoyangmen North Avenue, Dongcheng District, Beijing China Agenda: To consider 2023 work report of the board of directors; to consider 2023 work report of the supervisory committee; to consider 2023 annual accounts report; to consider 2023 profit distribution plan; to consider 2023 annual report and its summary; to consider connected transactions regarding a financial service framework agreement to be renewed with a company; and to consider 2024 estimated connected transactions with a company. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.05 (vs CN¥0.069 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.05 (down from CN¥0.069 in 1Q 2023). Revenue: CN¥2.97b (down 2.9% from 1Q 2023). Net income: CN¥63.9m (down 36% from 1Q 2023). Profit margin: 2.2% (down from 3.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥11.65, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 15x in the Metals and Mining industry in China. Total returns to shareholders of 83% over the past three years. Announcement • Mar 30
China Tungsten And Hightech Materials Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024 China Tungsten And Hightech Materials Co.,Ltd announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥10.38, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 73% over the past three years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥6.77, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Metals and Mining industry in China. Total returns to shareholders of 41% over the past three years. New Risk • Jan 31
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 6.3% 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: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Board Change • Jan 11
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Wenxing Ling was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 11
China Tungsten and Hightech Materials Plans to Buy Nonferrous Metals Firm China Tungsten And Hightech Materials Co.,Ltd (SZSE:000657) said it plans to buy nonferrous metals firm via cash, share issue. The company said transaction price to be confirmed. The company said trading in shares to resume on Jan. 10. Announcement • Jan 06
China Tungsten and Hightech Materials Co.,Ltd Approves the Election of Zhao Zengshan as a Director China Tungsten And Hightech Materials Co.,Ltd approved the election of Zhao Zengshan as a director. Announcement • Dec 29
China Tungsten And Hightech Materials Co.,Ltd to Report Fiscal Year 2023 Results on Apr 26, 2024 China Tungsten And Hightech Materials Co.,Ltd announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 30
Third quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.12 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.053 (down from CN¥0.12 in 3Q 2022). Revenue: CN¥3.00b (down 5.7% from 3Q 2022). Net income: CN¥73.4m (down 56% from 3Q 2022). Profit margin: 2.4% (down from 5.3% in 3Q 2022). Revenue is forecast to grow 14% 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 23% per year. Announcement • Oct 11
China Tungsten and Hightech Materials Co.,Ltd Implements Interim Cash Dividend of A Shares, Payable on 17 October 2023 China Tungsten And Hightech Materials Co.,Ltd implemented interim cash dividend of CNY 1.20000000 per 10 A shares (tax included). Record date is 16 October 2023. Ex-date is 17 October 2023. Payment date is 17 October 2023. Announcement • Sep 09
China Tungsten and Hightech Materials Co.,Ltd Approves Interim Dividend Payment China Tungsten And Hightech Materials Co.,Ltd announced that the Company held its 3rd Extraordinary General Meeting of 2023 on 07 September 2023, approved Cash dividend/10 shares (tax included) of CNY 1.20000000. New Risk • Sep 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 34x cash flows per share). Large one-off items impacting financial results. Announcement • Aug 25
China Tungsten and Hightech Materials Co.,Ltd Announces Interim Dividend Payment China Tungsten And Hightech Materials Co.,Ltd proposed Cash dividend/10 shares (tax included) of CNY 1.20000000. Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.089 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.10 (up from CN¥0.089 in 2Q 2022). Revenue: CN¥3.49b (down 7.2% from 2Q 2022). Net income: CN¥142.4m (up 16% from 2Q 2022). Profit margin: 4.1% (up from 3.3% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% 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 33% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Aug 04
China Tungsten And Hightech Materials Co.,Ltd Approves the Election of Li Wenxing as Independent Director China Tungsten And Hightech Materials Co.,Ltd announced that at its EGM held on August 02, 2023, shareholders approved the election of Li Wenxing as an independent director. Announcement • Jul 01
China Tungsten And Hightech Materials Co.,Ltd to Report First Half, 2023 Results on Aug 23, 2023 China Tungsten And Hightech Materials Co.,Ltd announced that they will report first half, 2023 results on Aug 23, 2023 Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.09 (vs CN¥0.10 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.09 (down from CN¥0.10 in 1Q 2022). Revenue: CN¥3.06b (up 1.0% from 1Q 2022). Net income: CN¥99.7m (down 7.4% from 1Q 2022). Profit margin: 3.3% (down from 3.6% in 1Q 2022). Revenue is forecast to grow 13% 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 39% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Xuanhui Qu was the last independent director to join the board, commencing their role in 2022. 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 31
Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.19 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.16 (down from CN¥0.19 in 3Q 2021). Revenue: CN¥3.18b (down 7.9% from 3Q 2021). Net income: CN¥167.7m (down 18% from 3Q 2021). Profit margin: 5.3% (down from 5.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% 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 48% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥13.77, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 110% over the past three years. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.12 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.12. Revenue: CN¥3.76b (up 6.0% from 2Q 2021). Net income: CN¥123.2m (up 7.0% from 2Q 2021). Profit margin: 3.3% (up from 3.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 31% growth forecast for the Metals and Mining industry in China. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥17.69, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 173% over the past three years. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥14.72, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Metals and Mining industry in China. Total returns to shareholders of 121% over the past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥12.43, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Metals and Mining industry in China. Total returns to shareholders of 83% over the past three years. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.07 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.10 (up from CN¥0.07 in 1Q 2021). Revenue: CN¥3.03b (up 13% from 1Q 2021). Net income: CN¥107.7m (up 38% from 1Q 2021). Profit margin: 3.6% (up from 2.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 20%, compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Xuanhui Qu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 23
Investor sentiment improved over the past week After last week's 19% share price gain to CN¥17.06, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 18x in the Metals and Mining industry in China. Total returns to shareholders of 200% over the past three years. Reported Earnings • Oct 26
Third quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.04 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥3.46b (up 38% from 3Q 2020). Net income: CN¥204.4m (up 316% from 3Q 2020). Profit margin: 5.9% (up from 2.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 39% per year. Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥12.76, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 153% over the past three years. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.06 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.55b (up 48% from 2Q 2020). Net income: CN¥115.1m (up 121% from 2Q 2020). Profit margin: 3.2% (up from 2.2% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥15.02, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 21x in the Metals and Mining industry in China. Total returns to shareholders of 116% over the past three years. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥14.39, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 19x in the Metals and Mining industry in China. Total returns to shareholders of 103% over the past three years. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥9.06, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.14 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥9.92b (up 23% from FY 2019). Net income: CN¥221.1m (up 80% from FY 2019). Profit margin: 2.2% (up from 1.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 06
New 90-day low: CN¥6.26 The company is down 5.0% from its price of CN¥6.56 on 06 November 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 up 7.0% over the same period. Is New 90 Day High Low • Dec 25
New 90-day high: CN¥7.43 The company is up 11% from its price of CN¥6.70 on 25 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 13% over the same period. Is New 90 Day High Low • Nov 23
New 90-day high: CN¥7.29 The company is up 3.0% from its price of CN¥7.08 on 25 August 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 4.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥166.6m, up 22% from the prior year. Total revenue was CN¥8.79b over the last 12 months, up 9.4% from the prior year. Is New 90 Day High Low • Oct 29
New 90-day low: CN¥6.47 The company is down 10.0% from its price of CN¥7.16 on 31 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 6.0% over the same period. Is New 90 Day High Low • Oct 06
New 90-day low: CN¥6.57 The company is down 6.0% from its price of CN¥6.99 on 08 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 4.0% over the same period. Announcement • Aug 01
China Tungsten and Hightech Materials Co.,Ltd to Report First Half, 2020 Results on Aug 24, 2020 China Tungsten and Hightech Materials Co.,Ltd announced that they will report first half, 2020 results on Aug 24, 2020