Financials JCHX Mining Management Co.,Ltd.

Equities

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
55.6 ^CNY	+5.50%		-2.16%	+47.25%

Apr. 25	JCHX Mining Management Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Mar. 28	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	34,335	34,335	-
Enterprise Value (EV) ¹	7,170	12,627	15,373	22,737	34,335	34,335
P/E ratio	19.7 x	27.2 x	26.1 x	23.5 x	19.3 x	15.1 x
Yield	-	0.47%	0.47%	0.53%	0.68%	0.81%
Capitalization / Revenue	-	2.8 x	2.87 x	3.07 x	3.38 x	2.8 x
EV / Revenue	-	2.8 x	2.87 x	3.07 x	3.38 x	2.8 x
EV / EBITDA	-	-	13.8 x	12.3 x	10.3 x	9.43 x
EV / FCF	-	79.8 x	-24.1 x	-40.4 x	-414 x	47.8 x
FCF Yield	-	1.25%	-4.15%	-2.47%	-0.24%	2.09%
Price to Book	-	2.51 x	2.59 x	3.23 x	3.86 x	3.13 x
Nbr of stocks (in thousands)	577,289	587,844	600,266	617,532	617,532	-
Reference price ²	12.42	21.48	25.61	55.60	55.60	55.60
Announcement Date	4/29/21	4/19/22	4/24/23	4/25/24	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Net sales ¹	-	4,504	5,355	7,399	10,150	12,258
EBITDA ¹	-	-	1,116	1,845	3,318	3,639
EBIT ¹	-	604.8	786.6	1,347	2,320	2,963
Operating Margin	-	13.43%	14.69%	18.2%	22.85%	24.17%
Earnings before Tax (EBT) ¹	-	600.3	780.9	1,331	2,317	2,960
Net income ¹	365.3	471	609.8	1,031	1,741	2,222
Net margin	-	10.46%	11.39%	13.94%	17.15%	18.13%
EPS ²	0.6300	0.7900	0.9800	1.610	2.882	3.680
Free Cash Flow ¹	-	158.2	-637.9	-562.2	-83	719
FCF margin	-	3.51%	-11.91%	-7.6%	-0.82%	5.87%
FCF Conversion (EBITDA)	-	-	-	-	-	19.76%
FCF Conversion (Net income)	-	33.58%	-	-	-	32.35%
Dividend per Share ²	-	0.1000	0.1200	0.2000	0.3780	0.4520
Announcement Date	4/29/21	4/19/22	4/24/23	4/25/24	-	-

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	-83	719
ROE (net income / shareholders' equity)	-	9.45%	10.7%	15.4%	20.4%	21%
ROA (Net income/ Total Assets)	-	-	6.14%	7.92%	11.2%	12.2%
Assets ¹	-	-	9,931	12,867	15,532	18,261
Book Value Per Share ²	-	8.560	9.880	11.70	14.40	17.70
Cash Flow per Share ²	-	1.160	1.590	1.800	2.870	4.260
Capex ¹	-	530	1,595	1,647	1,190	1,167
Capex / Sales	-	11.78%	29.78%	22.26%	11.72%	9.52%
Announcement Date	4/29/21	4/19/22	4/24/23	4/25/24	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

55.6 CNY

Average target price

51.17 CNY

Spread / Average Target

-7.97%

	1st Jan change	Capi.
JCHX MINING MANAGEMENT CO.,LTD.	+47.25%	4.74B
FLSMIDTH & CO. A/S	+21.38%	2.83B
IMDEX LIMITED	+11.41%	699M
MAJOR DRILLING GROUP INTERNATIONAL INC.	+7.71%	593M
PERENTI LIMITED	-8.65%	588M
PT SAMINDO RESOURCES TBK	+21.51%	284M
TIANJIN MEITENG TECHNOLOGY CO., LTD	-15.87%	258M
BELL EQUIPMENT LIMITED	+17.09%	137M
MASTER DRILLING GROUP LIMITED	-11.84%	96.47M
PT ULIMA NITRA TBK	+104.63%	85.52M