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9936

Ximei Resources Holding SEHK:9936 Stock Report

Last Price

HK$4.93

Market Cap

HK$1.5b

7D

-1.2%

1Y

0.2%

Updated

29 Jun, 2022

Data

Company Financials
9936 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

9936 Stock Overview

Ximei Resources Holding Limited produces and sells tantalum- and niobium-based metallurgical products in the People's Republic of China, the United States, the European countries, and internationally.

Ximei Resources Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ximei Resources Holding
Historical stock prices
Current Share PriceHK$4.93
52 Week HighHK$6.43
52 Week LowHK$0.80
Beta0.81
1 Month Change8.11%
3 Month Change9.56%
1 Year Change0.20%
3 Year Changen/a
5 Year Changen/a
Change since IPO142.86%

Recent News & Updates

Apr 29
Return Trends At Ximei Resources Holding (HKG:9936) Aren't Appealing

Return Trends At Ximei Resources Holding (HKG:9936) Aren't Appealing

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Shareholder Returns

9936HK Metals and MiningHK Market
7D-1.2%-3.1%3.1%
1Y0.2%-17.9%-21.2%

Return vs Industry: 9936 exceeded the Hong Kong Metals and Mining industry which returned -14.6% over the past year.

Return vs Market: 9936 exceeded the Hong Kong Market which returned -20.1% over the past year.

Price Volatility

Is 9936's price volatile compared to industry and market?
9936 volatility
9936 Average Weekly Movement58.0%
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: 9936 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 58% a week.

Volatility Over Time: 9936's weekly volatility has increased from 29% to 58% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006328Lijue Wuhttps://www.ximeigroup.com

Ximei Resources Holding Limited produces and sells tantalum- and niobium-based metallurgical products in the People's Republic of China, the United States, the European countries, and internationally. It offers tantalum pentoxide and niobium pentoxide, as well as potassium heptafluorotantalate; and tantalum powder, tantalum bars, niobium bars, and niobium powders, as well as melted niobium and recycled products, including tin hydroxide and tungsten acid. The company also provides services for processing tantalum ores and niobium ores supplied by its customers into pentoxide products and potassium heptafluorotantalate.

Ximei Resources Holding Fundamentals Summary

How do Ximei Resources Holding's earnings and revenue compare to its market cap?
9936 fundamental statistics
Market CapCN¥1.26b
Earnings (TTM)CN¥102.07m
Revenue (TTM)CN¥763.73m

12.4x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
9936 income statement (TTM)
RevenueCN¥763.73m
Cost of RevenueCN¥552.66m
Gross ProfitCN¥211.07m
Other ExpensesCN¥109.00m
EarningsCN¥102.07m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.34
Gross Margin27.64%
Net Profit Margin13.36%
Debt/Equity Ratio55.4%

How did 9936 perform over the long term?

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

Valuation

Is 9936 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 9936?

Other financial metrics that can be useful for relative valuation.

9936 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/Revenue1.9x
Enterprise Value/EBITDA11.3x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 9936's PE Ratio compare to its peers?

9936 PE Ratio vs Peers
The above table shows the PE ratio for 9936 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average18.6x
769 China Rare Earth Holdings
56xn/aHK$1.4b
3833 Xinjiang Xinxin Mining Industry
5.1xn/aHK$3.1b
1091 South Manganese Investment
6.6xn/aHK$3.1b
3939 Wanguo International Mining Group
6.8xn/aHK$1.5b
9936 Ximei Resources Holding
12.4xn/aHK$1.5b

Price-To-Earnings vs Peers: 9936 is good value based on its Price-To-Earnings Ratio (12.4x) compared to the peer average (18.6x).


Price to Earnings Ratio vs Industry

How does 9936's PE Ratio compare vs other companies in the HK Metals and Mining Industry?

Price-To-Earnings vs Industry: 9936 is expensive based on its Price-To-Earnings Ratio (12.4x) compared to the Hong Kong Metals and Mining industry average (5.5x)


Price to Earnings Ratio vs Fair Ratio

What is 9936'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.

9936 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 9936's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 9936 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9936 (HK$4.93) is trading below our estimate of fair value (HK$7.62)

Significantly Below Fair Value: 9936 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 9936's PEG Ratio to determine if it is good value.


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Future Growth

How is Ximei Resources Holding 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 Ximei Resources Holding 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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  • Examine whether Ximei Resources Holding 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.
  • Ximei Resources Holding competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Ximei Resources Holding performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


17.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 9936 has high quality earnings.

Growing Profit Margin: 9936's current net profit margins (13.4%) are higher than last year (11.7%).


Past Earnings Growth Analysis

Earnings Trend: 9936's earnings have grown by 17.8% per year over the past 5 years.

Accelerating Growth: 9936's earnings growth over the past year (45.2%) exceeds its 5-year average (17.8% per year).

Earnings vs Industry: 9936 earnings growth over the past year (45.2%) underperformed the Metals and Mining industry 45.2%.


Return on Equity

High ROE: 9936's Return on Equity (16.4%) is considered low.


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Financial Health

How is Ximei Resources Holding's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 9936's short term assets (CN¥750.4M) exceed its short term liabilities (CN¥422.5M).

Long Term Liabilities: 9936's short term assets (CN¥750.4M) exceed its long term liabilities (CN¥37.1M).


Debt to Equity History and Analysis

Debt Level: 9936's net debt to equity ratio (27.8%) is considered satisfactory.

Reducing Debt: 9936's debt to equity ratio has increased from 22.2% to 55.4% over the past 5 years.

Debt Coverage: 9936's debt is well covered by operating cash flow (32.4%).

Interest Coverage: 9936's interest payments on its debt are well covered by EBIT (11.3x coverage).


Balance Sheet


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Dividend

What is Ximei Resources Holding 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 9936's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 9936'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 9936's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 9936'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 9936 has not reported any payouts.


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Management

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

2.3yrs

Average board tenure


CEO

Lijue Wu (57 yo)

no data

Tenure

CN¥845,000

Compensation

Mr. Lijue Wu is a Founder of Ximei Resources Holding Limited and serves as its Chairman of the Board & Chief Executive Officer. He has been Director of Ximei Resources Holding Limited since May 26, 2017. H...


CEO Compensation Analysis

Compensation vs Market: Lijue's total compensation ($USD125.98K) is below average for companies of similar size in the Hong Kong market ($USD308.34K).

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


Board Members

Experienced Board: 9936's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

Ximei Resources Holding Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Ximei Resources Holding Limited
  • Ticker: 9936
  • Exchange: SEHK
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: HK$1.479b
  • Shares outstanding: 300.00m
  • Website: https://www.ximeigroup.com

Number of Employees


Location

  • Ximei Resources Holding Limited
  • Hongqiao Village
  • Qiaotou Town
  • Yingde
  • Guangdong Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 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.