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Shaanxi-based miner and processor of molybdenum, used to strengthen steel and alloys.
Shaanxi-based miner and processor of molybdenum, used to strengthen steel and alloys.
Mines and processes molybdenum, selling concentrate and ferromolybdenum, an iron-molybdenum alloy, to steelmakers at prices tied to the world molybdenum price. A provincial state-owned group controls it.
In one line: China's Freeport-McMoRan for molybdenum.
Moat: none (scale). One of China's largest molybdenum reserve holders, but sells into a global commodity market.
Headquarters: Huaxian, Shaanxi, China · Employees: 5,062
Size Jinduicheng Molybdenum (601958.SS) is a China Materials company (Other Metals/Minerals) with a market value of $8.06B, the 308th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥16.65 on 6 Nov 2026.
Performance Over six months the shares fell 15.0%, against -15.1% for the median peer and -16.4% for the China market (cap-weighted) — 11th highest of 21 in its peer set.
Growth Revenue grew 7.2% over the last twelve months (peer median +49.9%); the operating margin is 32.2% (peer median 21.0%).
Valuation It trades at 13.6× forward earnings against a peer median of 13.2× (10th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +14%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 13.8 points above its cost of capital (10.5% WACC).
Next results Next results expected around 2 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥15.4B | CN¥13.7B | CN¥13.5B | CN¥11.5B | CN¥9.48B |
| Revenue growth | — | +2% | +18% | +21% | — |
| Gross profit | CN¥7.52B | CN¥5.46B | CN¥5.29B | CN¥5.32B | CN¥3.12B |
| EBITDA | n/a | CN¥4.58B | CN¥4.48B | CN¥4.56B | CN¥2.53B |
| Net income | CN¥3.86B | CN¥3.15B | CN¥2.98B | CN¥3.10B | CN¥1.33B |
| Free cash flow | CN¥2.30B | CN¥1.47B | CN¥3.63B | CN¥3.19B | CN¥2.37B |
| Capital expenditure | CN¥250M | CN¥199M | CN¥163M | CN¥291M | CN¥133M |
| Total debt | CN¥112M | CN¥130M | CN¥59.9M | CN¥93.2M | CN¥128M |
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 |
|---|---|---|---|---|---|---|
| Jinduicheng Molybdenum 601958.SS | $8.06B | -15% | +7% | 32% | 13.6× | 4.2% |
| CMOC 603993.SS | $41.0B | -29% | +32% | 20% | 8.7× | -5.4% |
| Freeport-McMoRan FCX | $85.3B | -4% | 0% | 24% | 14.3× | 16.3% |
| Southern Copper SCCO | $143B | -9% | +39% | 59% | 21.5× | 6.8% |
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 | 601958.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.0% | -15.2% | 9th highest of 21 |
| 6-month return | -15.0% | -15.1% | 11th highest of 21 |
| Distance from 52-week high | -47.3% | -42.0% | 8th lowest of 21 |
| Revenue growth (TTM) | +7.2% | +49.9% | 2nd lowest of 21 |
| Operating margin | 32.2% | 21.0% | 7th highest of 21 |
| Forward P/E | 13.6× | 13.2× | 10th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 4.2% | 8.5% | 5th least demanding of 13 |
| Growth delivered (Del g) | +13.7% | +17.0% | lowest of 12 |
| Hurdle (Req g minus delivered) | -9.5 pp | -16.6 pp | 4th most demanding of 12 |
| ROIC minus cost of capital | +13.8 pp | +5.6 pp | 4th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Jinduicheng Molybdenum 601958.SS | China | $8.06B | -15% | +7% | 32% | 13.6× | 4.2% | +13.7% |
| Ivanhoe Mines IVN.TO | Canada | $8.43B | -26% | +109% | 7% | 18.9× | n/a | n/a |
| Xiamen Tungsten 600549.SS | China | $8.55B | -37% | +67% | 10% | 13.2× | n/a | n/a |
| China Rare Earth Resources And Technology 000831.SZ | China | $7.57B | -7% | -2% | 15% | 103.1× | 53.1% | +14.0% |
| Lynas Rare Earths LYC.AX | Australia | $8.58B | -38% | +76% | 25% | 26.7× | 34.3% | +14.9% |
| Wanguo Gold 3939.HK | Hong Kong | $7.31B | +6% | +79% | 67% | 20.2× | 1.7% | +17.0% |
| Yunnan Lincang Xinyuan Germanium Industry 002428.SZ | China | $7.09B | +3% | +54% | 13% | 230.8× | n/a | n/a |
| Zhejiang Huayou Cobalt 603799.SS | China | $9.30B | -50% | +38% | 12% | 9.3× | n/a | n/a |
| Hudbay Minerals HBM.TO | Canada | $9.35B | -10% | +13% | 32% | 12.0× | 18.1% | +15.8% |
| Aurubis NDA.DE | Germany | $6.73B | -35% | +23% | 6% | 15.1× | n/a | n/a |
| Tongling Nonferrous Metals 000630.SZ | China | $9.83B | -20% | +46% | 6% | 10.5× | n/a | n/a |
| Western Mining 601168.SS | China | $9.85B | -7% | +18% | 17% | 8.2× | -5.6% | +16.5% |
| NMDC NMDC.NS | India | $6.55B | -22% | +27% | 27% | 7.4× | 5.2% | +15.8% |
| Aura Minerals AUGO | United States | $6.52B | -5% | +89% | 53% | 10.6× | -6.0% | +25.2% |
| Discovery Mining DSV.TO | Canada | $6.44B | +19% | +684% | 38% | 17.6× | 19.9% | n/a |
| PLS PLS.AX | Australia | $6.33B | -56% | +152% | 43% | 10.6× | 2.5% | +61.6% |
| MP Materials MP | United States | $6.31B | -47% | +72% | -17% | 248.7× | n/a | n/a |
| 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% |
| Capstone Copper CS.TO | Canada | $6.01B | -8% | +30% | 32% | 9.4× | 9.8% | +40.2% |
| Nanya New Material Technology 688519.SS | China | $5.90B | -5% | +104% | 17% | 55.2× | n/a | n/a |