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Tongling Nonferrous Metals Group Co Ltd
SZSE:000630

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Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
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Price: 6.21 CNY -1.43% Market Closed
Market Cap: ¥83.3B

EV/EBIT

11.1
Current
18%
More Expensive
vs 3-y average of 9.4

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
11.1
=
Enterprise Value
¥104B
/
EBIT
¥9.4B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
11.1
=
Enterprise Value
¥104B
/
EBIT
¥9.4B

Valuation Scenarios

Tongling Nonferrous Metals Group Co Ltd is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (9.4), the stock would be worth ¥5.26 (15% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-16%
Maximum Upside
+161%
Average Upside
71%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 11.1 ¥6.21
0%
3-Year Average 9.4 ¥5.26
-15%
5-Year Average 9.3 ¥5.2
-16%
Industry Average 28.1 ¥15.75
+154%
Country Average 28.9 ¥16.21
+161%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
¥104B
/
Jan 2026
¥9.4B
=
11.1
Current
¥104B
/
Dec 2026
¥11.2B
=
9.3
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
CN
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
84.5B CNY 11.1 35
US
Southern Copper Corp
NYSE:SCCO
147.8B USD 21.4 34.1
US
Freeport-McMoRan Inc
NYSE:FCX
87.7B USD 14.1 39.9
UK
Antofagasta PLC
LSE:ANTO
36.3B GBP 14.6 36.1
CA
Lundin Mining Corp
TSX:LUN
32.1B CAD 16.9 18
CA
First Quantum Minerals Ltd
TSX:FM
31.2B CAD 27.3 -782.8
CN
Jiangxi Copper Co Ltd
SSE:600362
154.2B CNY 11.6 21.6
PL
KGHM Polska Miedz SA
WSE:KGH
63.6B PLN 14.1 17.3
DE
Aurubis AG
XETRA:NDA
8.2B EUR 10.3 13.5
AU
OZ Minerals Ltd
ASX:OZL
9.4B AUD 30.1 45.5
CN
Yunnan Copper Co Ltd
SZSE:000878
43.7B CNY 29.7 33.4

Market Distribution

Lower than 82% of companies in China
Percentile
18th
Based on 5 337 companies
18th percentile
11.1
Low
0 — 16.6
Typical Range
16.6 — 52.9
High
52.9 —
Distribution Statistics
China
Min 0
30th Percentile 16.6
Median 28.9
70th Percentile 52.9
Max 49 021

Tongling Nonferrous Metals Group Co Ltd
Glance View

Market Cap
83.3B CNY
Industry
Metals & Mining

In the heart of China's Anhui province, pulsing with industry and innovation, stands Tongling Nonferrous Metals Group Co. Ltd., a titan in the realm of nonferrous metallurgy. Established in 1949, this company has dug its roots deep into the rich soil of China's mineral resources, evolving from a modest smelting enterprise to a cornerstone of international copper and nonferrous metal production. As the name suggests, Tongling Nonferrous centers its operations around copper, the metal that conducts and connects the modern world. The company undertakes a comprehensive process that begins with mining raw copper ore and extends through smelting and refining, transforming raw earth into pure metal that fuels everything from electrical grids to advanced electronics. The pathways through which Tongling Nonferrous generates revenue are as multifaceted as its operations. Beyond mining and processing, the company engages extensively in the production of copper-based products, which include copper rods, copper foil, and other sophisticated alloy materials. These products find their way into countless industries, underscoring the indispensable role of copper in technology and infrastructure. Furthermore, Tongling Nonferrous maximizes its value chain via strategic secondary product lines, capitalizing on by-products such as sulfuric acid and precious metals extracted during the refining process. This multilayered approach not only underscores its resilience but also bolsters its position as a key profit player in both domestic and international markets, intertwining innovation with an age-old industry.

Intrinsic Value
16.44 CNY
Undervaluation 62%
Intrinsic Value
Price ¥6.21
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