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661

China Daye Non-Ferrous Metals Mining SEHK:661 Stock Report

Last Price

HK$0.072

Market Cap

HK$1.3b

7D

0%

1Y

-37.9%

Updated

27 Jun, 2022

Data

Company Financials
661 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

661 Stock Overview

China Daye Non-Ferrous Metals Mining Limited, an investment holding company, engages in the exploration, development, mining, and processing of mineral ores in China, Hong Kong, and the Republic of Mongolia.

China Daye Non-Ferrous Metals Mining Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China Daye Non-Ferrous Metals Mining
Historical stock prices
Current Share PriceHK$0.072
52 Week HighHK$0.15
52 Week LowHK$0.068
Beta0.69
1 Month Change-7.69%
3 Month Change-20.00%
1 Year Change-37.93%
3 Year Change50.00%
5 Year Change-28.71%
Change since IPO-85.31%

Recent News & Updates

Apr 19
Here's Why China Daye Non-Ferrous Metals Mining (HKG:661) Has A Meaningful Debt Burden

Here's Why China Daye Non-Ferrous Metals Mining (HKG:661) Has A Meaningful Debt Burden

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Mar 15
China Daye Non-Ferrous Metals Mining (HKG:661) Is Experiencing Growth In Returns On Capital

China Daye Non-Ferrous Metals Mining (HKG:661) Is Experiencing Growth In Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...

Shareholder Returns

661HK Metals and MiningHK Market
7D0%-6.5%2.1%
1Y-37.9%-21.3%-23.3%

Return vs Industry: 661 underperformed the Hong Kong Metals and Mining industry which returned -21.3% over the past year.

Return vs Market: 661 underperformed the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 661's price volatile compared to industry and market?
661 volatility
661 Average Weekly Movement6.0%
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: 661 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 661's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a5,023Zhong Sheng Longhttps://www.hk661.com

China Daye Non-Ferrous Metals Mining Limited, an investment holding company, engages in the exploration, development, mining, and processing of mineral ores in China, Hong Kong, and the Republic of Mongolia. It explores for copper, gold, silver, iron, and molybdenum deposits. The company holds interests in the Tonglvshan and Tongshankou mines located in Daye City; Fengshan and Chimashan mines located in Yangxin County; and Sareke copper mine located in Wuqia County.

China Daye Non-Ferrous Metals Mining Fundamentals Summary

How do China Daye Non-Ferrous Metals Mining's earnings and revenue compare to its market cap?
661 fundamental statistics
Market CapCN¥1.10b
Earnings (TTM)CN¥286.44m
Revenue (TTM)CN¥35.68b

3.8x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
661 income statement (TTM)
RevenueCN¥35.68b
Cost of RevenueCN¥34.41b
Gross ProfitCN¥1.27b
Other ExpensesCN¥984.11m
EarningsCN¥286.44m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.016
Gross Margin3.56%
Net Profit Margin0.80%
Debt/Equity Ratio222.5%

How did 661 perform over the long term?

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

Valuation

Is 661 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 661?

Other financial metrics that can be useful for relative valuation.

661 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/Revenue0.3x
Enterprise Value/EBITDA7.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 661's PE Ratio compare to its peers?

661 PE Ratio vs Peers
The above table shows the PE ratio for 661 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average22x
1258 China Nonferrous Mining
5.3x14.7%HK$14.8b
2362 Jinchuan Group International Resources
13.1x24.1%HK$12.3b
769 China Rare Earth Holdings
56.9xn/aHK$1.4b
9936 Ximei Resources Holding
12.8xn/aHK$1.5b
661 China Daye Non-Ferrous Metals Mining
3.8xn/aHK$1.3b

Price-To-Earnings vs Peers: 661 is good value based on its Price-To-Earnings Ratio (3.8x) compared to the peer average (22x).


Price to Earnings Ratio vs Industry

How does 661's PE Ratio compare vs other companies in the HK Metals and Mining Industry?

Price-To-Earnings vs Industry: 661 is good value based on its Price-To-Earnings Ratio (3.8x) compared to the Hong Kong Metals and Mining industry average (5.5x)


Price to Earnings Ratio vs Fair Ratio

What is 661'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.

661 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 661's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 661 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 661's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 661's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 661's PEG Ratio to determine if it is good value.


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Future Growth

How is China Daye Non-Ferrous Metals Mining 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 China Daye Non-Ferrous Metals Mining 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

  • Take a look at our analysis of 661’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • China Daye Non-Ferrous Metals Mining competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has China Daye Non-Ferrous Metals Mining performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


71.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 661 has high quality earnings.

Growing Profit Margin: 661's current net profit margins (0.8%) are lower than last year (1%).


Past Earnings Growth Analysis

Earnings Trend: 661 has become profitable over the past 5 years, growing earnings by 71.2% per year.

Accelerating Growth: 661's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 661 had negative earnings growth (-6.5%) over the past year, making it difficult to compare to the Metals and Mining industry average (45.2%).


Return on Equity

High ROE: 661's Return on Equity (8.1%) is considered low.


Discover strong past performing companies

Financial Health

How is China Daye Non-Ferrous Metals Mining's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 661's short term assets (CN¥7.7B) exceed its short term liabilities (CN¥7.0B).

Long Term Liabilities: 661's short term assets (CN¥7.7B) exceed its long term liabilities (CN¥5.9B).


Debt to Equity History and Analysis

Debt Level: 661's net debt to equity ratio (193.3%) is considered high.

Reducing Debt: 661's debt to equity ratio has reduced from 370.3% to 222.5% over the past 5 years.

Debt Coverage: 661's debt is not well covered by operating cash flow (6.3%).

Interest Coverage: 661's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet


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Dividend

What is China Daye Non-Ferrous Metals Mining 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 661's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 661'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 661's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 661's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 661 has not reported any payouts.


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Management

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

1.4yrs

Average management tenure


CEO

Zhong Sheng Long (59 yo)

10.25yrs

Tenure

CN¥1,125,000

Compensation

Mr. Zhong Sheng Long has been the Chief Executive Officer of China Daye Non-Ferrous Metals Mining Limited since March 22, 2012. Mr. Long is a Senior Mining Engineer. Mr. Long has been an Assistant Manager...


CEO Compensation Analysis

Compensation vs Market: Zhong Sheng's total compensation ($USD168.18K) is below average for companies of similar size in the Hong Kong market ($USD305.86K).

Compensation vs Earnings: Zhong Sheng's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 661's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: 661's board of directors are considered experienced (7.9 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.


Ownership Breakdown

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


Top Shareholders

Company Information

China Daye Non-Ferrous Metals Mining Limited's employee growth, exchange listings and data sources


Key Information

  • Name: China Daye Non-Ferrous Metals Mining Limited
  • Ticker: 661
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Copper
  • Sector: Materials
  • Implied Market Cap: HK$1.288b
  • Shares outstanding: 17.90b
  • Website: https://www.hk661.com

Number of Employees


Location

  • China Daye Non-Ferrous Metals Mining Limited
  • Tower 3, China Hong Kong City
  • Suite No. 10B, 16th Floor
  • Kowloon
  • Kowloon
  • Hong Kong

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.