Financials JCHX Mining Management Co.,Ltd.

Equities

End-of-day quote Shanghai S.E. Other stock markets 03:30:00 30/04/2024 am IST			5-day change	1st Jan Change
53.52 ^CNY	+0.79%		-2.69%	+41.74%

25/04	JCHX Mining Management Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
28/03	UAE's IRH plans bid for stake in Zambia's Lubambe copper mine	RE

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Capitalization ¹	7,170	12,627	15,373	33,050	33,050	-
Enterprise Value (EV) ¹	7,170	12,627	15,373	22,737	33,050	33,050
P/E ratio	19.7 x	27.2 x	26.1 x	23.5 x	19.1 x	14 x
Yield	-	0.47%	0.47%	0.53%	0.71%	0.91%
Capitalization / Revenue	-	2.8 x	2.87 x	3.07 x	3.26 x	2.67 x
EV / Revenue	-	2.8 x	2.87 x	3.07 x	3.26 x	2.67 x
EV / EBITDA	-	-	13.8 x	12.3 x	11 x	8.67 x
EV / FCF	-	79.8 x	-24.1 x	-40.4 x	-36.6 x	53.2 x
FCF Yield	-	1.25%	-4.15%	-2.47%	-2.73%	1.88%
Price to Book	-	2.51 x	2.59 x	3.23 x	3.74 x	2.98 x
Nbr of stocks (in thousands)	5,77,289	5,87,844	6,00,266	6,17,532	6,17,532	-
Reference price ²	12.42	21.48	25.61	53.52	53.52	53.52
Announcement Date	29/04/21	19/04/22	24/04/23	25/04/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Net sales ¹	-	4,504	5,355	7,399	10,131	12,386
EBITDA ¹	-	-	1,116	1,845	3,013	3,814
EBIT ¹	-	604.8	786.6	1,347	2,273	3,101
Operating Margin	-	13.43%	14.69%	18.2%	22.43%	25.04%
Earnings before Tax (EBT) ¹	-	600.3	780.9	1,331	2,267	3,096
Net income ¹	365.3	471	609.8	1,031	1,727	2,330
Net margin	-	10.46%	11.39%	13.94%	17.05%	18.82%
EPS ²	0.6300	0.7900	0.9800	1.610	2.805	3.834
Free Cash Flow ¹	-	158.2	-637.9	-562.2	-902	621
FCF margin	-	3.51%	-11.91%	-7.6%	-8.9%	5.01%
FCF Conversion (EBITDA)	-	-	-	-	-	16.28%
FCF Conversion (Net income)	-	33.58%	-	-	-	26.65%
Dividend per Share ²	-	0.1000	0.1200	0.2000	0.3780	0.4860
Announcement Date	29/04/21	19/04/22	24/04/23	25/04/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow ¹	-	158	-638	-562	-902	621
ROE (net income / shareholders' equity)	-	9.45%	10.7%	15.4%	19.6%	21.7%
ROA (Net income/ Total Assets)	-	-	6.14%	7.92%	10.4%	12.6%
Assets ¹	-	-	9,931	12,867	16,658	18,539
Book Value Per Share ²	-	8.560	9.880	11.70	14.30	17.90
Cash Flow per Share ²	-	1.160	1.590	1.800	3.310	4.370
Capex ¹	-	530	1,595	1,647	1,532	1,223
Capex / Sales	-	11.78%	29.78%	22.26%	15.12%	9.87%
Announcement Date	29/04/21	19/04/22	24/04/23	25/04/24	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

53.52 CNY

Average target price

56.5 CNY

Spread / Average Target

+5.57%

	1st Jan change	Capi.
JCHX MINING MANAGEMENT CO.,LTD.	+41.74%	4.56B
FLSMIDTH & CO. A/S	+21.87%	2.82B
IMDEX LIMITED	+10.88%	693M
PERENTI LIMITED	-9.62%	585M
MAJOR DRILLING GROUP INTERNATIONAL INC.	+3.47%	566M
PT SAMINDO RESOURCES TBK	+20.93%	283M
TIANJIN MEITENG TECHNOLOGY CO., LTD	-13.08%	267M
BELL EQUIPMENT LIMITED	+17.65%	139M
MASTER DRILLING GROUP LIMITED	-12.87%	96.43M
PT ULIMA NITRA TBK	+105.56%	85.93M