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Inner Mongolia miner producing silver, tin, zinc, lead and other non-ferrous/precious metal concentrates.
Inner Mongolia miner producing silver, tin, zinc, lead and other non-ferrous/precious metal concentrates.
Digs ore, produces concentrate and sells it to smelters at prices set off world silver, tin, zinc and lead markets, less a processing charge the smelter keeps. Revenue therefore moves with metal prices as much as with output.
In one line: A small multi-metal miner like Hecla Mining.
Moat: none (scale). Owns mineral deposits in Chifeng but is a price-taking commodity miner.
Headquarters: Chifeng, Inner Mongolia, China · Founded: 1991 · Employees: 1,598
Size Inner Mongolia Xingye Silver and Tin Mining (000426.SZ) is a China Materials company (Other Metals/Minerals) with a market value of $6.23B, the 401st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥24.78 on 6 Nov 2026.
Performance Over six months the shares fell 41.5%, against -19.8% for the median peer and -16.4% for the China market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 37.6% over the last twelve months (peer median +30.5%); the operating margin is 49.0% (peer median 17.3%).
Valuation It trades at 13.1× forward earnings against a peer median of 13.3× (9th cheapest of 18).
Price implies For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +43%, so the hurdle is -35 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 8.7 points above its cost of capital (9.4% WACC).
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥6.89B | CN¥5.51B | CN¥4.01B | CN¥3.49B | CN¥1.95B |
| Revenue growth | — | +37% | +15% | +79% | — |
| Gross profit | CN¥4.83B | CN¥3.09B | CN¥2.37B | CN¥1.68B | CN¥733M |
| EBITDA | n/a | CN¥2.99B | CN¥2.51B | CN¥1.83B | CN¥809M |
| Net income | CN¥2.87B | CN¥1.70B | CN¥1.53B | CN¥969M | CN¥174M |
| Free cash flow | CN¥822M | CN¥1.96B | CN¥1.15B | CN¥1.09B | CN¥310M |
| Capital expenditure | CN¥1.15B | CN¥528M | CN¥663M | CN¥658M | CN¥469M |
| Total debt | CN¥4.52B | CN¥4.39B | CN¥2.21B | CN¥1.93B | CN¥1.97B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Inner Mongolia Xingye Silver and Tin Mining 000426.SZ | $6.23B | -42% | +38% | 49% | 13.1× | 7.8% |
| Yunnan Tin 000960.SZ | $5.66B | -34% | +19% | 8% | 10.8× | 1.9% |
| Zijin Mining 601899.SS | $109B | -15% | +16% | 30% | 9.6× | -10.2% |
| Western Mining 601168.SS | $9.85B | -7% | +18% | 17% | 8.2× | -5.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 000426.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -19.3% | -12.4% | 7th lowest of 21 |
| 6-month return | -41.5% | -19.8% | 3rd lowest of 21 |
| Distance from 52-week high | -66.9% | -41.5% | 2nd lowest of 21 |
| Revenue growth (TTM) | +37.6% | +30.5% | 9th highest of 20 |
| Operating margin | 49.0% | 17.3% | 3rd highest of 20 |
| Forward P/E | 13.1× | 13.3× | 9th cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | 7.8% | 3.5% | 5th most demanding of 13 |
| Growth delivered (Del g) | +42.6% | +17.0% | 3rd highest of 12 |
| Hurdle (Req g minus delivered) | -34.7 pp | -16.6 pp | 3rd least demanding of 12 |
| ROIC minus cost of capital | +8.7 pp | +5.0 pp | 5th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Inner Mongolia Xingye Silver and Tin Mining 000426.SZ | China | $6.23B | -42% | +38% | 49% | 13.1× | 7.8% | +42.6% |
| Sandfire Resources SFR.AX | Australia | $6.20B | -4% | +32% | 32% | 13.3× | 9.2% | +25.8% |
| MP Materials MP | United States | $6.31B | -47% | +72% | -17% | 248.7× | n/a | n/a |
| PLS PLS.AX | Australia | $6.33B | -56% | +152% | 43% | 10.6× | 2.5% | +61.6% |
| Discovery Mining DSV.TO | Canada | $6.44B | +19% | +684% | 38% | 17.6× | 19.9% | n/a |
| Capstone Copper CS.TO | Canada | $6.01B | -8% | +30% | 32% | 9.4× | 9.8% | +40.2% |
| Aura Minerals AUGO | United States | $6.52B | -5% | +89% | 53% | 10.6× | -6.0% | +25.2% |
| NMDC NMDC.NS | India | $6.55B | -22% | +27% | 27% | 7.4× | 5.2% | +15.8% |
| Nanya New Material Technology 688519.SS | China | $5.90B | -5% | +104% | 17% | 55.2× | n/a | n/a |
| Yunnan Chihong Zinc & Germanium 600497.SS | China | $5.76B | -15% | +29% | 10% | 13.8× | 4.4% | +4.6% |
| Aurubis NDA.DE | Germany | $6.73B | -35% | +23% | 6% | 15.1× | n/a | n/a |
| China Nonferrous Mining 1258.HK | Hong Kong | $5.73B | -19% | +11% | 28% | 7.4× | -14.6% | +5.8% |
| Xinjiang Daqo New Energy 688303.SS | China | $5.69B | -20% | -23% | -62% | n/a | n/a | n/a |
| Yunnan Tin 000960.SZ | China | $5.66B | -34% | +19% | 8% | 10.8× | 1.9% | -0.5% |
| NexGen Energy NXE.TO | Canada | $5.57B | -31% | n/a | n/a | n/a | n/a | n/a |
| Baiyin Nonferrous 601212.SS | China | $5.49B | -35% | 0% | 5% | n/a | n/a | n/a |
| Yunnan Lincang Xinyuan Germanium Industry 002428.SZ | China | $7.09B | +3% | +54% | 13% | 230.8× | n/a | n/a |
| Wanguo Gold 3939.HK | Hong Kong | $7.31B | +6% | +79% | 67% | 20.2× | 1.7% | +17.0% |
| China Rare Earth Resources And Technology 000831.SZ | China | $7.57B | -7% | -2% | 15% | 103.1× | 53.1% | +14.0% |
| Asia-Potash International Investment (Guangzhou) 000893.SZ | China | $5.08B | -32% | +40% | 36% | 11.6× | -3.3% | +72.1% |
| Yunnan Copper 000878.SZ | China | $5.01B | -28% | +10% | 2% | 11.9× | n/a | n/a |