company background image
3833

Xinjiang Xinxin Mining Industry SEHK:3833 Stock Report

Last Price

HK$1.48

Market Cap

HK$3.3b

7D

-3.9%

1Y

19.4%

Updated

27 Jun, 2022

Data

Company Financials
3833 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

3833 Stock Overview

Xinjiang Xinxin Mining Industry Co., Ltd., together with its subsidiaries, engages in mining, ore processing, smelting, refining, and selling nickel, copper, and other nonferrous metals.

Rewards

Trading at 88% below our estimate of its fair value

Earnings grew by 239.6% over the past year

Risk Analysis

No risks detected for 3833 from our risk checks.

Xinjiang Xinxin Mining Industry Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Xinjiang Xinxin Mining Industry
Historical stock prices
Current Share PriceHK$1.48
52 Week HighHK$2.20
52 Week LowHK$1.10
Beta1.5
1 Month Change16.54%
3 Month Change0.68%
1 Year Change19.36%
3 Year Change164.29%
5 Year Change68.18%
Change since IPO-89.61%

Recent News & Updates

Jun 09
Do Xinjiang Xinxin Mining Industry's (HKG:3833) Earnings Warrant Your Attention?

Do Xinjiang Xinxin Mining Industry's (HKG:3833) Earnings Warrant Your Attention?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

3833HK Metals and MiningHK Market
7D-3.9%-6.5%2.1%
1Y19.4%-21.3%-23.3%

Return vs Industry: 3833 exceeded the Hong Kong Metals and Mining industry which returned -21.3% over the past year.

Return vs Market: 3833 exceeded the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 3833's price volatile compared to industry and market?
3833 volatility
3833 Average Weekly Movement8.2%
Metals and Mining Industry Average Movement6.7%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.8%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 3833 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 3833's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19502,100Xinhui Qihttps://kunlun.wsfg.hk

Xinjiang Xinxin Mining Industry Co., Ltd., together with its subsidiaries, engages in mining, ore processing, smelting, refining, and selling nickel, copper, and other nonferrous metals. It provides nickel cathode, as well as other products, including copper cathode, cobalt products, gold, silver, platinum, and palladium. The company holds a 100% interest in the Kalatongke nickel-copper mine located in Fuyun County, Xinjiang; and the Huangshandong, Huangshan, and Xiangshan nickel-copper mines situated in Hami, Xinjiang.

Xinjiang Xinxin Mining Industry Fundamentals Summary

How do Xinjiang Xinxin Mining Industry's earnings and revenue compare to its market cap?
3833 fundamental statistics
Market CapCN¥2.79b
Earnings (TTM)CN¥515.59m
Revenue (TTM)CN¥2.38b

5.4x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3833 income statement (TTM)
RevenueCN¥2.38b
Cost of RevenueCN¥1.48b
Gross ProfitCN¥907.15m
Other ExpensesCN¥391.56m
EarningsCN¥515.59m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.23
Gross Margin38.08%
Net Profit Margin21.64%
Debt/Equity Ratio29.4%

How did 3833 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 3833 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3833?

Other financial metrics that can be useful for relative valuation.

3833 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/Revenue1.6x
Enterprise Value/EBITDA4.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 3833's PE Ratio compare to its peers?

3833 PE Ratio vs Peers
The above table shows the PE ratio for 3833 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average20.4x
1091 South Manganese Investment
6.9xn/aHK$3.2b
9936 Ximei Resources Holding
12.8xn/aHK$1.5b
769 China Rare Earth Holdings
56.9xn/aHK$1.4b
1208 MMG
5x2.4%HK$26.0b
3833 Xinjiang Xinxin Mining Industry
5.4xn/aHK$3.3b

Price-To-Earnings vs Peers: 3833 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the peer average (20.4x).


Price to Earnings Ratio vs Industry

How does 3833's PE Ratio compare vs other companies in the HK Metals and Mining Industry?

Price-To-Earnings vs Industry: 3833 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the Hong Kong Metals and Mining industry average (5.5x)


Price to Earnings Ratio vs Fair Ratio

What is 3833'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.

3833 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3833's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 3833 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3833 (HK$1.48) is trading below our estimate of fair value (HK$12.33)

Significantly Below Fair Value: 3833 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3833's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is Xinjiang Xinxin Mining Industry 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


8.0%

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 Xinjiang Xinxin Mining Industry 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.


Discover growth companies

  • Examine whether Xinjiang Xinxin Mining Industry is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Xinjiang Xinxin Mining Industry competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Xinjiang Xinxin Mining Industry performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


79.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 3833 has high quality earnings.

Growing Profit Margin: 3833's current net profit margins (21.6%) are higher than last year (8.2%).


Past Earnings Growth Analysis

Earnings Trend: 3833 has become profitable over the past 5 years, growing earnings by 79.5% per year.

Accelerating Growth: 3833's earnings growth over the past year (239.6%) exceeds its 5-year average (79.5% per year).

Earnings vs Industry: 3833 earnings growth over the past year (239.6%) exceeded the Metals and Mining industry 45.2%.


Return on Equity

High ROE: 3833's Return on Equity (10.4%) is considered low.


Discover strong past performing companies

Financial Health

How is Xinjiang Xinxin Mining Industry'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: 3833's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.9B).

Long Term Liabilities: 3833's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥576.2M).


Debt to Equity History and Analysis

Debt Level: 3833's net debt to equity ratio (20.2%) is considered satisfactory.

Reducing Debt: 3833's debt to equity ratio has reduced from 56.6% to 29.4% over the past 5 years.

Debt Coverage: 3833's debt is well covered by operating cash flow (46.9%).

Interest Coverage: 3833's interest payments on its debt are well covered by EBIT (10x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Xinjiang Xinxin Mining Industry current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3833's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3833's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 3833's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3833's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 3833 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 3833 has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.7yrs

Average management tenure


CEO

Xinhui Qi (52 yo)

1.42yrs

Tenure

CN¥630,424

Compensation

Mr. Xinhui Qi serves as General Manager at Xinjiang Xinxin Mining Industry Co., Ltd. since January 6, 2021. Mr. Qi had been Deputy General Manager of the Xinjiang Xinxin Mining Industry Co., Ltd.since Oct...


CEO Compensation Analysis

Compensation vs Market: Xinhui's total compensation ($USD94.24K) is below average for companies of similar size in the Hong Kong market ($USD393.76K).

Compensation vs Earnings: Xinhui's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 3833's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: 3833's board of directors are considered experienced (4.7 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Xinjiang Xinxin Mining Industry Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Xinjiang Xinxin Mining Industry Co., Ltd.
  • Ticker: 3833
  • Exchange: SEHK
  • Founded: 1950
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: HK$3.271b
  • Shares outstanding: 2.21b
  • Website: https://kunlun.wsfg.hk

Number of Employees


Location

  • Xinjiang Xinxin Mining Industry Co., Ltd.
  • BuildingNo. 1 52, East 2nd Lane
  • Level 3,Youse Mingyuan Kejiyuan Complex
  • Urumqi
  • Xinjiang Uygur Province
  • 830000
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2021/12/31
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.