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Major Chinese copper producer, smelting copper cathode and by-product precious metals in Yunnan province.
Major Chinese copper producer, smelting copper cathode and by-product precious metals in Yunnan province.
As a smelter it buys copper concentrate, the ore product from mines, and earns a processing fee set in annual negotiations, plus the gold and silver recovered as by-products. Sales of cathode follow the copper price, but the smelter's own margin comes from the fees.
Moat: none (scale). Regional copper smelter without the mining-integration cost advantage of larger peers.
Headquarters: Kunming, Yunnan, China · Founded: 1958 · Employees: 9,465
Size Yunnan Copper (000878.SZ) is a China Materials company (Other Metals/Minerals) with a market value of $5.01B, the 501st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥13.77 on 6 Nov 2026.
Performance Over six months the shares fell 27.9%, against -28.5% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 10.2% over the last twelve months (peer median +22.8%); the operating margin is 2.2% (peer median 19.6%).
Valuation It trades at 11.9× forward earnings against a peer median of 15.0× (6th cheapest of 17).
Capital Return on invested capital runs 1.4 points above its cost of capital (6.7% WACC).
Next results Next results expected around 31 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥206B | CN¥179B | CN¥171B | CN¥147B | CN¥135B |
| Revenue growth | — | +5% | +17% | +9% | — |
| Gross profit | CN¥11.2B | CN¥5.41B | CN¥5.33B | CN¥5.84B | CN¥6.26B |
| EBITDA | n/a | CN¥3.91B | CN¥4.53B | CN¥5.16B | CN¥5.50B |
| Net income | CN¥2.35B | CN¥1.30B | CN¥1.40B | CN¥1.58B | CN¥1.81B |
| Free cash flow | -CN¥3.15B | -CN¥5.67B | -CN¥3.60B | CN¥4.91B | CN¥5.21B |
| Capital expenditure | CN¥2.27B | CN¥2.03B | CN¥4.09B | CN¥1.66B | CN¥1.03B |
| Total debt | CN¥30.1B | CN¥28.8B | CN¥18.5B | CN¥16.1B | CN¥18.8B |
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 |
|---|---|---|---|---|---|---|
| Yunnan Copper 000878.SZ | $5.01B | -28% | +10% | 2% | 11.9× | n/a |
| Jiangxi Copper 600362.SS | $14.3B | -29% | +14% | 4% | 7.2× | n/a |
| Tongling Nonferrous Metals 000630.SZ | $9.83B | -20% | +46% | 6% | 10.5× | n/a |
| Zijin Mining 601899.SS | $109B | -15% | +16% | 30% | 9.6× | -10.2% |
| Shenzhen Zhongjin Lingnan Nonfemet 000060.SZ | $3.43B | -24% | +16% | 3% | 17.8× | n/a |
| Baiyin Nonferrous 601212.SS | $5.49B | -35% | 0% | 5% | n/a | n/a |
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 | 000878.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -14.3% | -13.5% | 9th lowest of 21 |
| 6-month return | -27.9% | -28.5% | 11th highest of 21 |
| Distance from 52-week high | -53.3% | -49.6% | 8th lowest of 21 |
| Revenue growth (TTM) | +10.2% | +22.8% | 6th lowest of 20 |
| Operating margin | 2.2% | 19.6% | 4th lowest of 20 |
| Forward P/E | 11.9× | 15.0× | 6th cheapest of 17 |
| ROIC minus cost of capital | +1.4 pp | +3.0 pp | 9th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Yunnan Copper 000878.SZ | China | $5.01B | -28% | +10% | 2% | 11.9× | n/a | n/a |
| Luoyang Shenglong Mining 001257.SZ | China | $5.00B | -19% | +22% | 34% | n/a | 13.4% | +22.4% |
| Asia-Potash International Investment (Guangzhou) 000893.SZ | China | $5.08B | -32% | +40% | 36% | 11.6× | -3.3% | +72.1% |
| Grinm Advanced Materials 600206.SS | China | $4.85B | +40% | +23% | 2% | 72.2× | n/a | n/a |
| Baiyin Nonferrous 601212.SS | China | $5.49B | -35% | 0% | 5% | n/a | n/a | n/a |
| NexGen Energy NXE.TO | Canada | $5.57B | -31% | n/a | n/a | n/a | n/a | n/a |
| Yunnan Tin 000960.SZ | China | $5.66B | -34% | +19% | 8% | 10.8× | 1.9% | -0.5% |
| Xinjiang Daqo New Energy 688303.SS | China | $5.69B | -20% | -23% | -62% | n/a | n/a | n/a |
| China Nonferrous Mining 1258.HK | Hong Kong | $5.73B | -19% | +11% | 28% | 7.4× | -14.6% | +5.8% |
| Zhejiang Rongtai Electric Material 603119.SS | China | $4.36B | -3% | +46% | 20% | 81.0× | 42.2% | +30.2% |
| Yunnan Chihong Zinc & Germanium 600497.SS | China | $5.76B | -15% | +29% | 10% | 13.8× | 4.4% | +4.6% |
| Hindustan Copper HINDCOPPER.NS | India | $4.31B | -26% | +67% | 42% | 21.6× | 38.7% | +11.5% |
| Sichuan Hongda 600331.SS | China | $4.30B | -40% | 0% | -1% | 543.0× | n/a | n/a |
| Nanya New Material Technology 688519.SS | China | $5.90B | -5% | +104% | 17% | 55.2× | n/a | n/a |
| Western Superconducting Technologies 688122.SS | China | $4.21B | -33% | -5% | 8% | 43.2× | 29.3% | +19.9% |
| Dazhong Mining 001203.SZ | China | $4.20B | -64% | +3% | 26% | 30.5× | n/a | n/a |
| Capstone Copper CS.TO | Canada | $6.01B | -8% | +30% | 32% | 9.4× | 9.8% | +40.2% |
| Shenghe Resources 600392.SS | China | $4.09B | -40% | +34% | 8% | 16.2× | n/a | n/a |
| Sinomine Resource 002738.SZ | China | $4.06B | -59% | +18% | 31% | 11.1× | n/a | n/a |
| Sandfire Resources SFR.AX | Australia | $6.20B | -4% | +32% | 32% | 13.3× | 9.2% | +25.8% |
| Inner Mongolia Xingye Silver and Tin Mining 000426.SZ | China | $6.23B | -42% | +38% | 49% | 13.1× | 7.8% | +42.6% |