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Market Cap

HK$86.4b

Last Updated

2021/04/19 10:25 UTC

Data Sources

Company Financials +

Executive Summary

Jiangxi Copper Company Limited, an integrated copper producer, engages in exploring, mining, milling, smelting, and refining copper in Mainland China, Hong Kong, and internationally. More Details


Snowflake Analysis

Moderate growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Jiangxi Copper's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 358 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 358's weekly volatility (11%) has been stable over the past year.


Market Performance


7 Day Return

14.8%

358

4.0%

HK Metals and Mining

0.7%

HK Market


1 Year Return

138.2%

358

123.4%

HK Metals and Mining

28.1%

HK Market

Return vs Industry: 358 exceeded the Hong Kong Metals and Mining industry which returned 123.4% over the past year.

Return vs Market: 358 exceeded the Hong Kong Market which returned 28.1% over the past year.


Shareholder returns

358IndustryMarket
7 Day14.8%4.0%0.7%
30 Day11.2%5.2%-0.2%
90 Day30.0%25.1%0.2%
1 Year141.5%138.2%129.4%123.4%33.4%28.1%
3 Year69.3%59.9%33.7%23.3%8.1%-3.8%
5 Year105.1%88.5%129.2%104.7%56.5%28.9%

Long-Term Price Volatility Vs. Market

How volatile is Jiangxi Copper's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jiangxi Copper undervalued compared to its fair value and its price relative to the market?

22.67x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 358 (HK$18.1) is trading above our estimate of fair value (HK$16.39)

Significantly Below Fair Value: 358 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 358 is poor value based on its PE Ratio (22.7x) compared to the HK Metals and Mining industry average (10x).

PE vs Market: 358 is poor value based on its PE Ratio (22.7x) compared to the Hong Kong market (11.8x).


Price to Earnings Growth Ratio

PEG Ratio: 358 is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: 358 is overvalued based on its PB Ratio (0.9x) compared to the HK Metals and Mining industry average (0.7x).


Future Growth

How is Jiangxi Copper forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

21.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 358's forecast earnings growth (21% per year) is above the savings rate (1.5%).

Earnings vs Market: 358's earnings (21% per year) are forecast to grow faster than the Hong Kong market (18.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 358's revenue (0.7% per year) is forecast to grow slower than the Hong Kong market (13.3% per year).

High Growth Revenue: 358's revenue (0.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 358's Return on Equity is forecast to be low in 3 years time (6.8%).


Past Performance

How has Jiangxi Copper performed over the past 5 years?

25.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 358 has a large one-off loss of CN¥1.3B impacting its December 31 2020 financial results.

Growing Profit Margin: 358's current net profit margins (0.7%) are lower than last year (1%).


Past Earnings Growth Analysis

Earnings Trend: 358's earnings have grown significantly by 25.2% per year over the past 5 years.

Accelerating Growth: 358's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 358 had negative earnings growth (-5.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (27.4%).


Return on Equity

High ROE: 358's Return on Equity (3.7%) is considered low.


Financial Health

How is Jiangxi Copper's financial position?


Financial Position Analysis

Short Term Liabilities: 358's short term assets (CN¥78.1B) exceed its short term liabilities (CN¥56.3B).

Long Term Liabilities: 358's short term assets (CN¥78.1B) exceed its long term liabilities (CN¥17.7B).


Debt to Equity History and Analysis

Debt Level: 358's debt to equity ratio (74.7%) is considered high.

Reducing Debt: 358's debt to equity ratio has increased from 49.1% to 74.7% over the past 5 years.

Debt Coverage: 358's debt is not well covered by operating cash flow (2.8%).

Interest Coverage: 358's interest payments on its debt are well covered by EBIT (5.7x coverage).


Balance Sheet


Dividend

What is Jiangxi Copper current dividend yield, its reliability and sustainability?

0.66%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 19 2021Ex Dividend DateJun 11 2021Dividend Pay DateJul 22 202141 days from Ex DividendBuy in the next 52 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 358's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (1.95%).

High Dividend: 358's dividend (0.66%) is low compared to the top 25% of dividend payers in the Hong Kong market (5.98%).


Stability and Growth of Payments

Stable Dividend: 358 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 358 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 358 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 358's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

4.1yrs

Average management tenure


CEO

Gaoqing Zheng (54 yo)

2.25yrs

Tenure

CN¥741,700

Compensation

Mr. Gaoqing Zheng serves as an Executive Chairman at Jiangxi Copper Company Limited since September 09, 2020 and serves as its President since September 2020. He has been General Manager of Jiangxi Copper ...


Leadership Team

Experienced Management: 358's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: 358's board of directors are considered experienced (4.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Jiangxi Copper Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jiangxi Copper Company Limited
  • Ticker: 358
  • Exchange: SEHK
  • Founded: 1997
  • Industry: Copper
  • Sector: Materials
  • Market Cap: HK$86.448b
  • Shares outstanding: 3.46b
  • Website: https://www.jxcc.com

Number of Employees


Location

  • Jiangxi Copper Company Limited
  • 7666 Changdong Avenue
  • High-tech Development Zone
  • Nanchang
  • Jiangxi Province
  • 330096
  • China

Listings


Biography

Jiangxi Copper Company Limited, an integrated copper producer, engages in exploring, mining, milling, smelting, and refining copper in Mainland China, Hong Kong, and internationally. It offers copper catho...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 10:25
End of Day Share Price2021/04/19 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.