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← CockpitCompetitor Analysis › 600711.SS Chengtun Mining Group Co., Ltd. Class AOpen in the cockpit ↗

Chengtun Mining Group Co., Ltd. Class A600711.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Other Metals/Minerals

Xiamen-based miner and smelter of copper, cobalt, nickel and zinc, with a Congo copper-cobalt mine and a metals-trading arm.

Momentum laggard 8
Mkt cap
$3.84B
US dollars, full cap
Free float
79%
of shares outstanding
$/day
$73.4M
20-day average traded
Fwd P/E
7.4×
forward earnings
ROIC−WACC
+5.0 pp
WACC 7.4%
Hurdle
n/a
no reverse DCF
Next earnings
173 days
28 Apr 2027
Close · CNYCN¥8.36
1D-4.7%
1W+4.5%
1M-18.7%
3M-20.5%
6M-39.2%
YTD-44.9%
1Y-19.8%
ATR %4.8%
52w lowhigh55.4% off high

What Chengtun Mining does

Xiamen-based miner and smelter of copper, cobalt, nickel and zinc, with a Congo copper-cobalt mine and a metals-trading arm.

Earns most from selling mined and smelted metals, with copper the largest by tonnage and cobalt held back by Congo's export quotas. Its Lualaba province mine feeds its own smelting, so mining and refining sit together. Metals trading is a third arm, and gold is being added.

Products and services

  • Copper products
  • Cobalt products
  • Nickel products
  • Zinc and other base metals
  • Gold
  • Metals trading

Customers

  • Battery-material makers
  • Metal smelters and traders
  • Industrial metal buyers

Where it sits in the supply chain

  • Metals and mining
  • Copper, cobalt and nickel mining and…
  • Mine-to-metal integrated producer

What could go right

  • Copper output growth
  • Guizhou nickel smelting expansion

What could go wrong

  • Cobalt export quotas from DR Congo
  • Metal-price swings

Moat: narrow (cost advantage, scale). Owns a Congo copper-cobalt mine feeding its own smelter, a cost edge exposed to metal prices and Congo export rules.

Headquarters: Xiamen, China · Employees: 9,372

Named competitors

Chengtun Mining at a glance

Size Chengtun Mining (600711.SS) is a China Materials company (Other Metals/Minerals) with a market value of $3.84B, the 669th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥8.36 on 6 Nov 2026.

Performance Over six months the shares fell 39.2%, against -34.9% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 20 in its peer set.

Growth Revenue grew 28.3% over the last twelve months (peer median +23.2%); the operating margin is 12.5% (peer median 12.3%).

Valuation It trades at 7.4× forward earnings against a peer median of 32.3× (2nd cheapest of 17).

Capital Return on invested capital runs 5.0 points above its cost of capital (7.4% WACC).

Next results Next results expected around 28 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 62600711.SS 59
Six months, rebased to 100: Chengtun Mining against the median of its 20 peers (local-currency closes).

Chengtun Mining financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥38.2BCN¥30.0BCN¥25.7BCN¥24.4BCN¥25.8B
Revenue growth—+17%+5%-5%—
Gross profitCN¥8.79BCN¥5.57BCN¥4.86BCN¥2.57BCN¥2.87B
EBITDAn/aCN¥5.25BCN¥4.47BCN¥2.30BCN¥1.92B
Net incomeCN¥2.54BCN¥1.96BCN¥2.01BCN¥265M-CN¥2.09M
Free cash flow-CN¥2.41BCN¥445MCN¥1.41B-CN¥2.38B-CN¥1.45B
Capital expenditureCN¥4.57BCN¥2.16BCN¥1.59BCN¥2.88BCN¥2.13B
Total debtCN¥21.4BCN¥18.6BCN¥15.4BCN¥16.5BCN¥10.8B

Quarterly statements and history in the cockpit →

Chengtun Mining competitor charts

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.

Performance: 6-month against 1-month return

-50%0%+50%-40%-20%0%+20%2788002738600392000688001203688122000060UEC600331603119NGEX603186000962600206600711.SS6-month return →1-month return →
Up and to the right = strong over both horizons. Chengtun Mining is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%0×200×400×2788002738000688001203688122301611600331HINDCOPPER603119603186600259600711.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Chengtun Mining is the large dot.

Chengtun Mining competitors and peer comparison

Head to head with its named competitors (600711.SS vs 603799.SS vs 603993.SS vs 601899.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Chengtun Mining 600711.SS$3.84B-39%+28%12%7.4×n/a
Zhejiang Huayou Cobalt 603799.SS$9.30B-50%+38%12%9.3×n/a
CMOC 603993.SS$41.0B-29%+32%20%8.7×-5.4%
Zijin Mining 601899.SS$109B-15%+16%30%9.6×-10.2%
Jinchuan Group International Resources 2362.HK$997M+4%+65%22%2.0×-2.2%

How Chengtun Mining compares with its peers

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.

Chengtun Mining against its 20 peers (data as of 6 Nov 2026)
Measure600711.SSPeer medianRank in peer set
1-month return-18.7%-14.5%6th lowest of 21
6-month return-39.2%-34.9%9th lowest of 20
Distance from 52-week high-55.4%-58.5%10th highest of 21
Revenue growth (TTM)+28.3%+23.2%9th highest of 20
Operating margin12.5%12.3%10th highest of 20
Forward P/E7.4×32.3×2nd cheapest of 17
ROIC minus cost of capital+5.0 pp-0.6 pp5th highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Chengtun Mining 600711.SSChina$3.84B-39%+28%12%7.4×n/an/a
Chuangxin Industries 2788.HKHong Kong$3.82B-43%+23%23%5.3×-0.8%+8.9%
Sinomine Resource 002738.SZChina$4.06B-59%+18%31%11.1×n/an/a
Shenghe Resources 600392.SSChina$4.09B-40%+34%8%16.2×n/an/a
GuoCheng Mining 000688.SZChina$3.57B-60%+193%50%11.2×3.3%+39.6%
Dazhong Mining 001203.SZChina$4.20B-64%+3%26%30.5×n/an/a
Western Superconducting Technologies 688122.SSChina$4.21B-33%-5%8%43.2×29.3%+19.9%
Lygend Resources And Technology 001246.SZChina$3.48Bn/a+28%19%8.9×-5.9%+39.8%
Suzhou Kematek 301611.SZChina$3.48B-36%+18%15%128.5×n/an/a
Shenzhen Zhongjin Lingnan Nonfemet 000060.SZChina$3.43B-24%+16%3%17.8×n/an/a
Uranium Energy UECUnited States$3.43B-54%-44%-358%n/an/an/a
Sichuan Hongda 600331.SSChina$4.30B-40%0%-1%543.0×n/an/a
Hindustan Copper HINDCOPPER.NSIndia$4.31B-26%+67%42%21.6×38.7%+11.5%
Zhejiang Rongtai Electric Material 603119.SSChina$4.36B-3%+46%20%81.0×42.2%+30.2%
NGEx Minerals NGEX.TOCanada$3.37B-15%n/an/an/an/an/a
Zhejiang Wazam New Material 603186.SSChina$3.33B+79%+60%14%58.0×24.9%+13.9%
Hunan Silver 002716.SZChina$3.19B-35%+50%4%n/an/an/a
Chongyi Zhangyuan Tungsten 002378.SZChina$3.18B-48%+105%12%n/an/an/a
China Rare Earth Nonferrous Metals 600259.SSChina$3.13B-33%-43%4%34.1×n/an/a
Ningxia Orient Tantalum Industry 000962.SZChina$3.08B-11%+43%12%54.0×n/an/a
Grinm Advanced Materials 600206.SSChina$4.85B+40%+23%2%72.2×n/an/a

Questions

Who are Chengtun Mining's main competitors?
Named competitors: Zhejiang Huayou Cobalt (603799.SS), CMOC Group (603993.SS), Zijin Mining (601899.SS), Jinchuan Group International Resources (2362.HK). The cockpit's measured peer set (industry) also includes Chuangxin Industries (2788.HK), Sinomine Resource (002738.SZ), Shenghe Resources (600392.SS), GuoCheng Mining (000688.SZ), Dazhong Mining (001203.SZ), Western Superconducting Technologies (688122.SS).
Is Chengtun Mining expensive compared with its peers?
On forward p/e it trades at 7.4× against a peer median of 32.3×, 2nd cheapest of 17 in its peer set.
How has Chengtun Mining stock performed?
Over six months to 6 Nov 2026 the shares returned -39.2% against -34.9% for the median peer; over one year -19.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.