These 4 Measures Indicate That North Copper (SZSE:000737) Is Using Debt Extensively
May 24
Chinese (SSE) Copper Industry Analysis
UpdatedMay 28, 2024
DataAggregated Company Financials
Companies10
- 7D-8.0%
- 3M22.4%
- 1Y17.0%
- YTDn/a
Over the last 7 days, the Copper industry has dropped 3.3%, driven by declines in Tongling Nonferrous Metals GroupLtd and Yunnan CopperLtd of 7.6% and 12%, respectively. In contrast, Anhui Tongguan Copper Foil Group has gained 5.9%. This takes the industry's 12 month performance to a gain of 15%. Earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Chinese Copper Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 May 2024 | CN¥154.0b | CN¥501.0b | CN¥6.6b | 18.5x | 23.4x | 0.3x |
| Thu, 25 Apr 2024 | CN¥149.1b | CN¥507.9b | CN¥6.2b | 25.7x | 24.2x | 0.3x |
| Sat, 23 Mar 2024 | CN¥143.0b | CN¥504.6b | CN¥6.3b | 22.6x | 22.6x | 0.3x |
| Mon, 19 Feb 2024 | CN¥123.2b | CN¥504.6b | CN¥6.3b | 18.6x | 19.5x | 0.2x |
| Wed, 17 Jan 2024 | CN¥131.2b | CN¥504.6b | CN¥6.3b | 20.8x | 20.8x | 0.3x |
| Fri, 15 Dec 2023 | CN¥129.6b | CN¥504.6b | CN¥6.3b | 20.7x | 20.6x | 0.3x |
| Sun, 12 Nov 2023 | CN¥140.1b | CN¥511.2b | CN¥6.5b | 24x | 21.6x | 0.3x |
| Tue, 10 Oct 2023 | CN¥147.6b | CN¥490.4b | CN¥6.9b | 33.5x | 21.3x | 0.3x |
| Thu, 07 Sep 2023 | CN¥148.1b | CN¥490.4b | CN¥6.9b | 36.8x | 21.3x | 0.3x |
| Sat, 05 Aug 2023 | CN¥134.6b | CN¥473.8b | CN¥6.5b | 26.2x | 20.7x | 0.3x |
| Mon, 03 Jul 2023 | CN¥127.4b | CN¥473.8b | CN¥6.5b | 25.2x | 19.6x | 0.3x |
| Wed, 31 May 2023 | CN¥124.9b | CN¥473.8b | CN¥6.5b | 25.6x | 19.2x | 0.3x |
| Fri, 28 Apr 2023 | CN¥132.9b | CN¥459.8b | CN¥7.0b | 19.5x | 19x | 0.3x |
| Sun, 26 Mar 2023 | CN¥121.8b | CN¥441.8b | CN¥6.0b | 29x | 20.2x | 0.3x |
| Tue, 21 Feb 2023 | CN¥124.9b | CN¥441.9b | CN¥6.0b | 28.7x | 20.7x | 0.3x |
| Thu, 19 Jan 2023 | CN¥123.1b | CN¥441.9b | CN¥6.0b | 27.9x | 20.4x | 0.3x |
| Sat, 17 Dec 2022 | CN¥119.4b | CN¥441.9b | CN¥6.0b | 28.2x | 19.8x | 0.3x |
| Mon, 14 Nov 2022 | CN¥119.7b | CN¥441.9b | CN¥6.0b | 28.8x | 19.8x | 0.3x |
| Wed, 12 Oct 2022 | CN¥105.6b | CN¥440.5b | CN¥6.6b | 23.1x | 15.9x | 0.2x |
| Fri, 09 Sep 2022 | CN¥119.5b | CN¥440.5b | CN¥6.6b | 26.1x | 18x | 0.3x |
| Sun, 07 Aug 2022 | CN¥120.8b | CN¥432.0b | CN¥6.8b | 33.9x | 17.7x | 0.3x |
| Tue, 05 Jul 2022 | CN¥119.9b | CN¥432.0b | CN¥6.8b | 32x | 17.6x | 0.3x |
| Thu, 02 Jun 2022 | CN¥114.6b | CN¥432.0b | CN¥6.8b | 29.7x | 16.8x | 0.3x |
| Sat, 30 Apr 2022 | CN¥110.3b | CN¥432.2b | CN¥7.2b | 20.2x | 15.4x | 0.3x |
| Mon, 28 Mar 2022 | CN¥125.8b | CN¥403.9b | CN¥5.8b | 26x | 21.8x | 0.3x |
| Wed, 23 Feb 2022 | CN¥131.8b | CN¥402.8b | CN¥5.7b | 24.6x | 23.1x | 0.3x |
| Fri, 21 Jan 2022 | CN¥114.9b | CN¥399.0b | CN¥5.4b | 22.2x | 21.3x | 0.3x |
| Sun, 19 Dec 2021 | CN¥116.9b | CN¥399.0b | CN¥5.4b | 23.7x | 21.7x | 0.3x |
| Tue, 16 Nov 2021 | CN¥110.7b | CN¥399.0b | CN¥5.4b | 23.9x | 20.5x | 0.3x |
| Thu, 14 Oct 2021 | CN¥114.7b | CN¥371.8b | CN¥4.4b | 22.1x | 26x | 0.3x |
| Sat, 11 Sep 2021 | CN¥144.6b | CN¥371.8b | CN¥4.4b | 28.2x | 32.8x | 0.4x |
| Mon, 09 Aug 2021 | CN¥115.4b | CN¥371.8b | CN¥4.4b | 25.4x | 26.1x | 0.3x |
Price to Earnings Ratio
27.9x
Current Industry PE
- Investors are relatively neutral on the Chinese Copper industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 21.0x.
- The industry is trading close to its 3-year average PS ratio of 0.28x.
Past Earnings Growth
- The earnings for companies in the Copper industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Copper compare with similar industries?
| CN Market | -2.34% | |
| Materials | -3.89% | |
| Metals and Mining | -4.75% | |
| Copper | -7.96% | |
| Silver | 0% | |
| Steel | -2.99% | |
| Aluminum | -4.41% | |
| Diversified Metals and Mining | -5.39% | |
| Precious Metals and Minerals | -7.03% | |
| Gold | -7.38% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 301217 Anhui Tongguan Copper Foil Group | CN¥11.13 | 5.9% +CN¥514.0m | -13.0% | PS2.4x |
