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893

China Vanadium Titano-Magnetite Mining SEHK:893 Stock Report

Last Price

HK$0.15

Market Cap

HK$326.1m

7D

2.8%

1Y

-23.2%

Updated

30 Jun, 2022

Data

Company Financials
893 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

893 Stock Overview

China Vanadium Titano-Magnetite Mining Company Limited, an investment holding company, engages in mining and ore processing activities in the People’s Republic of China.

China Vanadium Titano-Magnetite Mining Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China Vanadium Titano-Magnetite Mining
Historical stock prices
Current Share PriceHK$0.15
52 Week HighHK$0.26
52 Week LowHK$0.13
Beta0.98
1 Month Change2.76%
3 Month Change-6.29%
1 Year Change-23.20%
3 Year Change-52.70%
5 Year Change-31.65%
Change since IPO-95.95%

Recent News & Updates

Shareholder Returns

893HK Metals and MiningHK Market
7D2.8%-3.1%3.1%
1Y-23.2%-17.9%-21.2%

Return vs Industry: 893 underperformed the Hong Kong Metals and Mining industry which returned -17.9% over the past year.

Return vs Market: 893 underperformed the Hong Kong Market which returned -21.2% over the past year.

Price Volatility

Is 893's price volatile compared to industry and market?
893 volatility
893 Average Weekly Movement6.3%
Metals and Mining Industry Average Movement6.7%
Market Average Movement6.9%
10% most volatile stocks in HK Market13.7%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 893 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: 893's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004127Zhong Ping Jianghttps://www.chinavtmmining.com

China Vanadium Titano-Magnetite Mining Company Limited, an investment holding company, engages in mining and ore processing activities in the People’s Republic of China. It operates through three segments: High-Fe Mining Operation; Trading; and Corporate and Others. The company engages in the operation of sale of self-produced high-grade iron concentrates, and trading steel.

China Vanadium Titano-Magnetite Mining Fundamentals Summary

How do China Vanadium Titano-Magnetite Mining's earnings and revenue compare to its market cap?
893 fundamental statistics
Market CapCN¥278.49m
Earnings (TTM)CN¥1.70m
Revenue (TTM)CN¥714.76m

169.7x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
893 income statement (TTM)
RevenueCN¥714.76m
Cost of RevenueCN¥690.10m
Gross ProfitCN¥24.66m
Other ExpensesCN¥22.97m
EarningsCN¥1.70m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.00075
Gross Margin3.45%
Net Profit Margin0.24%
Debt/Equity Ratio10.5%

How did 893 perform over the long term?

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

Valuation

Is 893 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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 893?

Other financial metrics that can be useful for relative valuation.

893 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/Revenue1x
Enterprise Value/EBITDA46.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does 893's PS Ratio compare to its peers?

893 PS Ratio vs Peers
The above table shows the PS ratio for 893 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.2x
6890 KangLi International Holdings
0.1xn/aHK$345.6m
1116 Mayer Holdings
0.5xn/aHK$397.1m
103 Shougang Century Holdings
0.2xn/aHK$532.3m
1118 Golik Holdings
0.1xn/aHK$580.1m
893 China Vanadium Titano-Magnetite Mining
0.4xn/aHK$326.1m

Price-To-Sales vs Peers: 893 is expensive based on its Price-To-Sales Ratio (0.4x) compared to the peer average (0.2x).


Price to Earnings Ratio vs Industry

How does 893's PE Ratio compare vs other companies in the HK Metals and Mining Industry?

Price-To-Sales vs Industry: 893 is good value based on its Price-To-Sales Ratio (0.4x) compared to the Hong Kong Metals and Mining industry average (0.4x)


Price to Sales Ratio vs Fair Ratio

What is 893's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

893 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 893's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 893 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 893's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 893's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 893's PEG Ratio to determine if it is good value.


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Future Growth

How is China Vanadium Titano-Magnetite 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 Vanadium Titano-Magnetite 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.


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Past Performance

How has China Vanadium Titano-Magnetite 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


85.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 893 has high quality earnings.

Growing Profit Margin: 893's current net profit margins (0.2%) are lower than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: 893 has become profitable over the past 5 years, growing earnings by 85.8% per year.

Accelerating Growth: 893's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 893 had negative earnings growth (-89.1%) over the past year, making it difficult to compare to the Metals and Mining industry average (45.2%).


Return on Equity

High ROE: 893's Return on Equity (0.1%) is considered low.


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Financial Health

How is China Vanadium Titano-Magnetite Mining's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 893's short term assets (CN¥246.2M) exceed its short term liabilities (CN¥133.6M).

Long Term Liabilities: 893's short term assets (CN¥246.2M) exceed its long term liabilities (CN¥97.9M).


Debt to Equity History and Analysis

Debt Level: 893's net debt to equity ratio (9.8%) is considered satisfactory.

Reducing Debt: 893's debt to equity ratio has reduced from 52.3% to 10.5% over the past 5 years.

Debt Coverage: 893's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 893's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


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Dividend

What is China Vanadium Titano-Magnetite 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 893's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 893'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 893's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 893's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 893 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 893 has not reported any payouts.


Discover strong dividend paying companies

Management

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

8.8yrs

Average management tenure


CEO

Zhong Ping Jiang (55 yo)

7.08yrs

Tenure

CN¥176,000

Compensation

Mr. Zhong Ping Jiang has been an Acting Chief Executive Officer at China Vanadium Titano-Magnetite Mining Company Limited since May 15, 2015. Mr. Jiang has over 19 years of experience in production and qua...


CEO Compensation Analysis

Compensation vs Market: Zhong Ping's total compensation ($USD26.27K) is below average for companies of similar size in the Hong Kong market ($USD232.99K).

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


Leadership Team

Experienced Management: 893's management team is seasoned and experienced (8.8 years average tenure).


Board Members

Experienced Board: 893's board of directors are considered experienced (7.6 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 Vanadium Titano-Magnetite Mining Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: China Vanadium Titano-Magnetite Mining Company Limited
  • Ticker: 893
  • Exchange: SEHK
  • Founded: 2004
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: HK$326.107m
  • Shares outstanding: 2.25b
  • Website: https://www.chinavtmmining.com

Number of Employees


Location

  • China Vanadium Titano-Magnetite Mining Company Limited
  • Times Square
  • Tower Two
  • Causeway Bay
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/30 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.