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Xinjiang-based mining company producing iron ore and vanadium-titanium magnetite concentrate for steel and alloy makers.
Xinjiang-based mining company producing iron ore and vanadium-titanium magnetite concentrate for steel and alloy makers.
Moat: narrow (installed base). Owns regional ore deposits, but is a price-taker on global iron-ore/vanadium markets.
Headquarters: Xinjiang, China · Employees: 897
Size Xinjiang Baodi Mining (601121.SS) is a China Materials company (Steel) with a market value of $887M, the 2544th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.01 on 6 Nov 2026.
Performance Over six months the shares fell 22.8%, against -22.5% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 23.2% over the last twelve months (peer median +0.5%); the operating margin is 22.8% (peer median 5.5%).
Valuation It trades at 5.5× enterprise value to sales against a peer median of 1.2× (3rd most expensive of 21).
Capital Return on invested capital runs 0.6 points below its cost of capital (5.7% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥1.68B | CN¥1.61B | CN¥1.19B | CN¥862M | CN¥756M |
| Revenue growth | — | +35% | +38% | +14% | — |
| Gross profit | CN¥979M | CN¥554M | CN¥497M | CN¥308M | CN¥277M |
| EBITDA | n/a | CN¥629M | CN¥526M | CN¥277M | CN¥245M |
| Net income | CN¥258M | CN¥140M | CN¥138M | CN¥187M | CN¥200M |
| Free cash flow | -CN¥1.22B | -CN¥182M | -CN¥448M | CN¥27.3M | CN¥209M |
| Capital expenditure | CN¥1.52B | CN¥925M | CN¥897M | CN¥417M | CN¥310M |
| Total debt | CN¥3.21B | CN¥1.18B | CN¥590M | CN¥376M | CN¥541M |
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 | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Xinjiang Baodi Mining 601121.SS | $887M | -23% | +23% | 23% | 5.5× | n/a |
| HBIS Resources 000923.SZ | $1.33B | -19% | -5% | 0% | 1.9× | n/a |
| Vale S.A. Sponsored ADR VALE | $45.4B | -30% | +11% | 25% | 1.4× | -14.0% |
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 | 601121.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -15.3% | -6.5% | 7th lowest of 21 |
| 6-month return | -22.8% | -22.5% | 11th highest of 21 |
| Distance from 52-week high | -35.2% | -37.7% | 10th highest of 21 |
| Revenue growth (TTM) | +23.2% | +0.5% | 3rd highest of 21 |
| Operating margin | 22.8% | 5.5% | 2nd highest of 21 |
| EV / Sales | 5.5× | 1.2× | 3rd most expensive of 21 |
| ROIC minus cost of capital | -0.6 pp | -3.1 pp | 7th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Xinjiang Baodi Mining 601121.SS | China | $887M | -23% | +23% | 23% | 5.5× | n/a | n/a |
| BRC Asia BEC.SI | Singapore | $894M | -9% | +23% | 8% | 0.6× | -14.8% | +20.5% |
| RongFa Nuclear Equipment 002366.SZ | China | $898M | -29% | -15% | -18% | 9.0× | n/a | n/a |
| Jiangsu Longda Superalloy 688231.SS | China | $919M | -34% | +54% | 6% | 2.7× | n/a | n/a |
| Jayaswal Neco Industries JAYNECOIND.NS | India | $920M | -22% | +18% | 15% | 1.2× | 8.4% | +14.0% |
| Jiangsu Changbao Steel Tube 002478.SZ | China | $847M | -40% | +2% | 6% | 0.8× | -4.8% | +8.4% |
| Zhejiang Jingu 002488.SZ | China | $939M | -45% | +11% | 5% | 2.5× | n/a | n/a |
| SunCoke Energy SXC | United States | $832M | +34% | +3% | 4% | 0.7× | 7.2% | +6.6% |
| Aichi Steel 5482.T | Japan | $970M | -17% | +4% | 5% | 0.6× | 1.6% | +8.5% |
| Hangxiao Steel Structure 600477.SS | China | $810M | -24% | -24% | 3% | 1.7× | 11.6% | -2.5% |
| Anyang Iron and Steel 600569.SS | China | $810M | -10% | +1% | -10% | 0.6× | n/a | n/a |
| Maharashtra Seamless MAHSEAMLES.NS | India | $809M | -12% | -12% | 13% | 1.6× | 8.1% | +15.2% |
| Xining Special Steel 600117.SS | China | $976M | -23% | 0% | -21% | 1.7× | n/a | n/a |
| Hanza HANZA.ST | Sweden | $978M | -11% | +72% | 8% | 1.2× | 10.4% | +22.8% |
| Yieh Phui Enterprise 2023.TW | Taiwan | $804M | +5% | -9% | 0% | 1.3× | n/a | n/a |
| Labrador Iron Ore Royalty LIF.TO | Canada | $981M | -23% | -15% | 75% | 8.9× | 0.6% | -3.9% |
| Companhia Siderurgica Nacional Sponsored ADR SID | United States | $984M | -38% | +9% | 10% | 1.1× | n/a | n/a |
| Champion Iron CIA.AX | Australia | $799M | -60% | -7% | 7% | 1.4× | 10.4% | +7.4% |
| Sansteel MinGuang Co., Ltd., Fujian 002110.SZ | China | $993M | -20% | -7% | -2% | 0.6× | 9.7% | -2.4% |
| Silvery Dragon Group Co., Ltd Tianjin 603969.SS | China | $790M | -33% | -1% | 15% | 1.9× | -3.5% | +4.7% |
| Tianjin You Fa Steel Pipe Group Stock 601686.SS | China | $1.03B | -15% | -2% | 1% | 0.3× | 4.0% | +0.9% |