Duyuru • Jun 30
Dazhong Mining Co., Ltd. to Report First Half, 2026 Results on Aug 08, 2026 Dazhong Mining Co., Ltd. announced that they will report first half, 2026 results on Aug 08, 2026 Declared Dividend • Jun 25
Dividend of CN¥0.20 announced Shareholders will receive a dividend of CN¥0.20. Ex-date: 30th June 2026 Payment date: 30th June 2026 Dividend yield will be 0.6%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 156% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to CN¥32.46, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 17x in the Metals and Mining industry in China. Total returns to shareholders of 206% over the past three years. Duyuru • Apr 24
Dazhong Mining Co., Ltd., Annual General Meeting, May 14, 2026 Dazhong Mining Co., Ltd., Annual General Meeting, May 14, 2026, at 14:30 China Standard Time. Location: No. 55, Huanghe Avenue, High-tech Zone, Baotou, Inner Mongolia China Duyuru • Mar 31
Dazhong Mining Co., Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Dazhong Mining Co., Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 Duyuru • Dec 31
Dazhong Mining Co., Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Dazhong Mining Co., Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Duyuru • Sep 30
Dazhong Mining Co., Ltd. to Report Q3, 2025 Results on Oct 25, 2025 Dazhong Mining Co., Ltd. announced that they will report Q3, 2025 results on Oct 25, 2025 Duyuru • Jul 02
Dazhong Mining Co., Ltd. to Report First Half, 2025 Results on Aug 21, 2025 Dazhong Mining Co., Ltd. announced that they will report first half, 2025 results on Aug 21, 2025 Duyuru • May 13
Dazhong Mining Co., Ltd. Approves Final Cash Dividend for the Year 2024 Dazhong Mining Co., Ltd. at the AGM held on May 9, 2025 approved final Cash dividend/10 shares (tax included) of CNY 2.00000000 for the year 2024. Duyuru • Apr 22
Dazhong Mining Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Dazhong Mining Co., Ltd. proposed final cash dividend of CNY 2.00000000 per 10 shares (tax included) for the year 2024. Duyuru • Apr 20
Dazhong Mining Co., Ltd., Annual General Meeting, May 09, 2025 Dazhong Mining Co., Ltd., Annual General Meeting, May 09, 2025, at 14:30 China Standard Time. Location: 19F, No. 55, Huanghe Street, High-tech Zone, Baotou, Inner Mongolia China Duyuru • Mar 31
Dazhong Mining Co., Ltd. to Report Q1, 2025 Results on Apr 19, 2025 Dazhong Mining Co., Ltd. announced that they will report Q1, 2025 results on Apr 19, 2025 Duyuru • Dec 31
Dazhong Mining Co., Ltd. to Report Fiscal Year 2024 Results on Apr 19, 2025 Dazhong Mining Co., Ltd. announced that they will report fiscal year 2024 results on Apr 19, 2025 Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥10.36, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Metals and Mining industry in China. Total loss to shareholders of 5.3% over the past year. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.21 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.13 (down from CN¥0.21 in 3Q 2023). Revenue: CN¥1.00b (down 4.0% from 3Q 2023). Net income: CN¥202.3m (down 38% from 3Q 2023). Profit margin: 20% (down from 31% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Metals and Mining industry in China. Duyuru • Oct 24
Dazhong Mining Co., Ltd. Announces Interim Profit Distribution Plan (A Shares) for 2024, Payable on 29 October 2024 Dazhong Mining Co., Ltd. announced 2024 interim profit distribution plan to be implemented (A shares): Cash dividend per 10 shares (tax included): CNY 1.00000000. Record date: 28 October 2024; Ex-date: 29 October 2024; Payment date: 29 October 2024. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥9.27, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Metals and Mining industry in China. Total loss to shareholders of 14% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥5.24 per share. Duyuru • Sep 30
Dazhong Mining Co., Ltd. to Report Q3, 2024 Results on Oct 26, 2024 Dazhong Mining Co., Ltd. announced that they will report Q3, 2024 results on Oct 26, 2024 Duyuru • Sep 11
Dazhong Mining Co., Ltd. Approves Interim Cash Dividend for the 2024 Dazhong Mining Co., Ltd. at its EGM held on September 9, 2024 approved interim cash dividend of CNY 1.00000000 per 10 shares (tax included) for the 2024. New Risk • Aug 26
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (40% accrual ratio). Minor Risks High level of debt (80% net debt to equity). Paying a dividend despite having no free cash flows. Reported Earnings • Aug 26
Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.21 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.15 (down from CN¥0.21 in 2Q 2023). Revenue: CN¥1.05b (down 8.4% from 2Q 2023). Net income: CN¥220.9m (down 27% from 2Q 2023). Profit margin: 21% (down from 26% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Metals and Mining industry in China. Board Change • Jul 26
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Xiu Chen was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jun 29
Inner Mongolia Dazhong Mining Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Inner Mongolia Dazhong Mining Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Duyuru • Mar 30
Inner Mongolia Dazhong Mining Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Inner Mongolia Dazhong Mining Co., Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Reported Earnings • Mar 19
Full year 2023 earnings released: EPS: CN¥0.76 (vs CN¥0.65 in FY 2022) Full year 2023 results: EPS: CN¥0.76 (up from CN¥0.65 in FY 2022). Revenue: CN¥4.00b (down 1.4% from FY 2022). Net income: CN¥1.14b (up 17% from FY 2022). Profit margin: 28% (up from 24% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥8.18, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Metals and Mining industry in China. Total loss to shareholders of 37% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.83 per share. Duyuru • Dec 29
Inner Mongolia Dazhong Mining Co., Ltd. to Report Fiscal Year 2023 Results on Mar 19, 2024 Inner Mongolia Dazhong Mining Co., Ltd. announced that they will report fiscal year 2023 results on Mar 19, 2024 New Risk • Oct 31
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (201% cash payout ratio). Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.12 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.12 in 3Q 2022). Revenue: CN¥1.05b (up 5.1% from 3Q 2022). Net income: CN¥324.3m (up 81% from 3Q 2022). Profit margin: 31% (up from 18% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Board Change • Sep 22
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Lixiang Wang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Aug 14
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Aug 14
Second quarter 2023 earnings released: EPS: CN¥0.21 (vs CN¥0.20 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.21 (up from CN¥0.20 in 2Q 2022). Revenue: CN¥1.15b (down 16% from 2Q 2022). Net income: CN¥310.8m (up 1.5% from 2Q 2022). Profit margin: 27% (up from 22% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Duyuru • May 10
Inner Mongolia Dazhong Mining Co., Ltd. Announces Final Dividend on A Shares for the Year 2022, Payable on May 16, 2023 Inner Mongolia Dazhong Mining Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 3.00000000 on A shares for the year 2022. Record date is May 15, 2023. Ex-date is May 16, 2023. Payment date is May 16, 2023. Reported Earnings • Apr 13
First quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.30 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.13 (down from CN¥0.30 in 1Q 2022). Revenue: CN¥640.5m (down 51% from 1Q 2022). Net income: CN¥193.7m (down 57% from 1Q 2022). Profit margin: 30% (down from 34% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Reported Earnings • Oct 29
Third quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.35 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.35 in 3Q 2021). Revenue: CN¥995.5m (down 35% from 3Q 2021). Net income: CN¥179.6m (down 66% from 3Q 2021). Profit margin: 18% (down from 35% in 3Q 2021). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥12.12, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 28x in the Metals and Mining industry in China. Board Change • Jun 17
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Non Employee Supervisor Mingming Wang is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.