Western MiningLtd Future Growth

Future criteria checks 2/6

Western MiningLtd is forecast to grow earnings and revenue by 18% and 6.7% per annum respectively. EPS is expected to grow by 17.9% per annum. Return on equity is forecast to be 24% in 3 years.

Key information

18.0%

Earnings growth rate

17.9%

EPS growth rate

Metals and Mining earnings growth	29.6%
Revenue growth rate	6.7%
Future return on equity	24.0%
Analyst coverage	Good
Last updated	06 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

XSSC:601168 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	54,827	5,027	9,913	10,498	8
12/31/2025	51,053	4,333	8,230	9,364	9
12/31/2024	47,932	3,657	6,307	8,363	8
9/30/2024	47,240	3,324	5,733	8,975	N/A
6/30/2024	45,041	2,903	5,697	8,812	N/A
3/31/2024	42,148	2,846	3,865	6,713	N/A
12/31/2023	42,748	2,789	3,351	6,239	N/A
9/30/2023	45,079	3,235	6,243	8,636	N/A
6/30/2023	45,596	3,319	4,821	6,770	N/A
3/31/2023	42,979	3,342	5,832	7,779	N/A
12/31/2022	40,238	3,417	8,403	10,297	N/A
9/30/2022	36,830	3,055	5,897	8,483	N/A
6/30/2022	36,708	3,126	6,525	9,409	N/A
3/31/2022	38,941	3,213	5,430	8,406	N/A
12/31/2021	38,500	2,932	4,880	7,953	N/A
9/30/2021	36,529	2,334	2,153	5,729	N/A
6/30/2021	34,311	1,995	1,634	5,660	N/A
3/31/2021	30,979	1,332	-173	4,383	N/A
12/31/2020	28,674	907	-1,366	3,293	N/A
9/30/2020	29,466	1,026	2,115	6,164	N/A
6/30/2020	29,037	743	-381	3,299	N/A
3/31/2020	28,775	814	148	3,265	N/A
12/31/2019	30,567	1,007	1,089	3,875	N/A
9/30/2019	30,734	-1,927	-149	2,827	N/A
6/30/2019	29,412	-2,046	334	3,248	N/A
3/31/2019	29,933	-2,155	-778	2,741	N/A
12/31/2018	28,770	-2,059	-3,251	626	N/A
9/30/2018	26,375	835	-2,545	484	N/A
6/30/2018	27,405	789	N/A	1,616	N/A
3/31/2018	28,550	771	N/A	1,799	N/A
12/31/2017	28,191	473	N/A	1,427	N/A
9/30/2017	25,171	297	N/A	3,306	N/A
6/30/2017	27,631	329	N/A	2,741	N/A
3/31/2017	27,749	238	N/A	3,337	N/A
12/31/2016	27,776	100	N/A	2,672	N/A
9/30/2016	33,137	138	N/A	2,115	N/A
6/30/2016	33,127	19	N/A	2,123	N/A
3/31/2016	29,108	-18	N/A	692	N/A
12/31/2015	26,767	30	N/A	2,430	N/A
9/30/2015	27,703	48	N/A	3,681	N/A
6/30/2015	23,829	214	N/A	3,758	N/A
3/31/2015	24,168	181	N/A	3,961	N/A
12/31/2014	24,247	290	N/A	1,627	N/A
9/30/2014	22,735	398	N/A	-895	N/A
6/30/2014	23,998	362	N/A	-982	N/A
3/31/2014	26,593	366	N/A	4	N/A
12/31/2013	25,272	350	N/A	1,654	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601168's forecast earnings growth (18% per year) is above the savings rate (2.8%).

Earnings vs Market: 601168's earnings (18% per year) are forecast to grow slower than the CN market (26.1% per year).

High Growth Earnings: 601168's earnings are forecast to grow, but not significantly.

Revenue vs Market: 601168's revenue (6.7% per year) is forecast to grow slower than the CN market (13.8% per year).

High Growth Revenue: 601168's revenue (6.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 601168's Return on Equity is forecast to be high in 3 years time (24%)

Western MiningLtd Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

Third quarter 2024 earnings released: EPS: CN¥0.47 (vs CN¥0.29 in 3Q 2023)

Investor sentiment improves as stock rises 21%

Second quarter 2024 earnings released: EPS: CN¥0.37 (vs CN¥0.34 in 2Q 2023)

Investor sentiment deteriorates as stock falls 15%

Dividend of CN¥0.50 announced

First quarter 2024 earnings released: EPS: CN¥0.31 (vs CN¥0.29 in 1Q 2023)

Full year 2023 earnings released: EPS: CN¥1.17 (vs CN¥1.45 in FY 2022)

High number of new directors

New major risk - Financial data availability

Second quarter 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.36 in 2Q 2022)

Investor sentiment deteriorates as stock falls 18%

High number of new and inexperienced directors

Third quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.36 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CN¥0.36 (vs CN¥0.39 in 2Q 2021)

High number of new and inexperienced directors

Full year 2021 earnings released: EPS: CN¥1.23 (vs CN¥0.38 in FY 2020)

An unknown buyer agreed to acquire a 27% stake in Qinghai Dongtaijinaier Lithium Resources Co., Ltd. from Western Mining Co.,Ltd (SHSE:601168) for CNY 3.3 billion.

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.36 (vs CN¥0.20 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS CN¥0.39 (vs CN¥0.13 in 2Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥0.38 (vs CN¥0.42 in FY 2019)

Investor sentiment deteriorated over the past week

Western Mining Co.,Ltd to Report Fiscal Year 2020 Results on Mar 27, 2021

New 90-day high: CN¥16.64

Investor sentiment improved over the past week

Western Mining Co.,Ltd(XSSC:601168) dropped from FTSE All-World Index (USD)

Investor sentiment improved over the past week

New 90-day high: CN¥14.32

Market bids up stock over the past week

New 90-day high: CN¥10.35

Western Mining Co.,Ltd (SHSE:601168) agreed to acquire 91.4% stake in Qinghai Western Magnesium Co., Ltd. from Western Mining Group Co., Ltd. for approximately CNY 560 million.

New 90-day high - CN¥8.50

Western Mining Co.,Ltd (SHSE:601168) signed an agreement to acquire 3.64% stake in Qinghai Ganhe Industrial Park Development and Construction Co., Ltd. from Western Mining Group Co., Ltd. for approximately CNY 170 million.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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