China Daye Non-Ferrous Metals Mining Limited (0661) AI Stock Analysis

• Market Cap: HK$930.57M
• Dividend Yield: N/A
• Average Volume (3M): 9.73M
• Price to Earnings (P/E): 21.7
• Beta (1Y): 0.56
• Revenue Growth: 26.83%
• EPS Growth: N/A
• Country: HK
• Employees: 5,283
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Copper
• EPS (TTM): <0.01
• Shares Outstanding: 17,895,580,000
• 10 Day Avg. Volume: 17,077,008
• 30 Day Avg. Volume: 9,727,069
• PEG Ratio: 0.02
• Price to Book (P/B): 0.24
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.02
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 52 Neutral
• Price Target: ―

China Daye Non-Ferrous Metals Mining Limited's stock score is primarily impacted by its strong revenue growth but hindered by weak profitability and challenging cash flow positions. High leverage and limited equity pose financial risks. The technical analysis suggests a bearish trend, and while the valuation is reasonable, the lack of dividend yield reduces its attractiveness. Overall, the stock score reflects significant financial and market challenges that need addressing.

China Daye Non-Ferrous Metals Mining Limited Business Overview & Revenue Model

Company Description

China Daye Non-Ferrous Metals Mining Limited, an investment holding company, engages in the exploration, development, mining, and processing of mineral ores in China, Hong Kong, and the Republic of Mongolia. It explores for copper, gold, silver, iron, and molybdenum deposits. The company holds interests in the Tonglvshan and Tongshankou mines located in Daye City; Fengshan and Chimashan mines located in Yangxin County; and Sareke copper mine located in Wuqia County. It is also involved in the trading of metals, minerals, concentrates, and building materials; provision of research and development services; and smelting and processing of non-ferrous metals, and gold and silver products. The company is headquartered in Kowloon, Hong Kong. China Daye Non-Ferrous Metals Mining Limited is a subsidiary of China Times Development Limited.

How the Company Makes Money

China Daye Non-Ferrous Metals Mining Limited generates revenue primarily through the sale of non-ferrous metal products, with copper being the dominant contributor to its earnings. The company operates several mines and processing facilities, enabling it to extract and refine metals for sale to industrial manufacturers and other end users. In addition to direct metal sales, China Daye may engage in strategic partnerships or joint ventures to enhance its mining capabilities and market reach. Fluctuations in global metal prices and demand, as well as the company's efficiency in production and cost management, significantly impact its profitability.

China Daye Non-Ferrous Metals Mining Limited Financial Statement Overview

Summary

China Daye Non-Ferrous Metals Mining Limited demonstrates strong revenue growth, yet faces challenges with profitability and cash flow management. High leverage and low equity on the balance sheet present financial stability risks. The company's low profit margins and negative cash flows are significant concerns, suggesting the need for better operational efficiency and cash management strategies to ensure long-term financial health.

Income Statement

The company has shown a commendable revenue growth rate of 29.15% in 2024 compared to the previous year, indicating strong sales performance. However, the gross profit margin is relatively low at 2.80%, and net profit margin is minimal at 0.07%, reflecting that the company's profitability on sales is constrained. Additionally, a declining EBIT margin from 2.19% in 2023 to 0.94% in 2024 suggests reduced operational efficiency. Overall, while revenue growth is a positive indicator, profit margins remain a concern.

Balance Sheet

The debt-to-equity ratio is high at 5.31 in 2024, indicating significant leverage and potential financial risk. The return on equity (ROE) is low at 1.30%, which is concerning for investors looking for profitability. The equity ratio is also low at 11.92%, indicating limited asset financing through equity, which could be risky in volatile markets. Overall, the balance sheet reflects significant leverage with limited equity, posing financial stability risks.

Cash Flow

The company has struggled with cash flow, as evidenced by negative operating and free cash flows in recent years. This implies challenges in generating cash from its core operations, which is crucial for sustainability and growth. The lack of free cash flow growth and negative operating cash flow to net income ratio indicate potential liquidity issues. Overall, the cash flow situation is precarious, highlighting concerns over cash generation capabilities.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
57.85B	44.78B	33.66B	35.68B	29.39B
	Gross Profit
1.62B	1.81B	1.17B	1.27B	1.00B
	EBIT
543.82M	981.87M	357.50M	778.84M	558.21M
	EBITDA
1.40B	1.00B	539.10M	832.56M	1.25B
	Net Income Common Stockholders
40.20M	-56.33M	110.91M	286.44M	306.42M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.53B	991.88M	820.04M	1.21B	874.74M
	Total Assets
25.87B	26.11B	23.22B	17.14B	14.86B
	Total Debt
16.38B	15.68B	13.08B	9.39B	8.19B
	Net Debt
14.85B	14.68B	12.26B	8.57B	7.82B
	Total Liabilities
21.19B	21.44B	18.95B	12.98B	11.39B
	Stockholders Equity
3.08B	3.04B	3.10B	2.99B	2.69B
Cash Flow		Free Cash Flow
0.00	-2.31B	-3.74B	-946.16M	1.32B
	Operating Cash Flow
0.00	-1.32B	-2.29B	584.38M	2.02B
	Investing Cash Flow
0.00	-844.59M	-1.07B	-1.43B	-827.71M
	Financing Cash Flow
0.00	2.33B	3.36B	1.28B	-2.32B

China Daye Non-Ferrous Metals Mining Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0661, the sentiment is Positive. The current price of 0.05 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.04, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 87.88 is Negative, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0661.

China Daye Non-Ferrous Metals Mining Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0661	52 Neutral	HK$930.57M	21.67	1.31%	―	26.83%	―
Sector *	51 Neutral	$2.04B	-1.23	-21.09%	3.96%	2.90%	-30.45%
ALMMF		$15.33B	5.85	20.63%	3.48%	―	―
MMLTF		$5.43B	22.75	5.84%	―	―	―
CGP		€1.33B	―	-16.73%	―	―	―
1336	75 Outperform	HK$166.02B	4.14	26.08%	2.47%	-43.77%	―

China Daye Non-Ferrous Metals Mining Limited Corporate Events

China Daye Announces 2025 AGM with Key Resolutions on Agenda

China Daye Non-Ferrous Metals Mining Limited has announced its upcoming Annual General Meeting (AGM) scheduled for May 23, 2025, in Hong Kong. Key agenda items include the consideration of audited financial statements, re-election of directors, and the appointment of auditors. Additionally, resolutions will be discussed regarding the company’s authority to purchase its shares and to issue new shares, which could impact its market positioning and shareholder value.

China Daye Announces 2024 Annual Results Briefing

China Daye Non-Ferrous Metals Mining Limited has announced plans to hold its 2024 annual results briefing on April 22, 2025, via an online conference. The briefing aims to provide investors with insights into the company’s annual results and business operations, featuring key company executives, including the chairman and CEO, to engage with investors on common concerns.

China Daye Revises Annual Cap for CNMC Services

China Daye Non-Ferrous Metals Mining Limited has revised its annual cap for transactions under the CNMC Services Framework Agreement, reducing it from RMB 36,390,000 to RMB 34,500,000 for the year ending December 31, 2025. This adjustment reflects a decrease in the expected volume of services required, allowing the company to better utilize its technical expertise and diversify its revenue base. The decision is deemed fair and in the best interest of the company and its shareholders.

China Daye Reports Revenue Growth Amid Profit Decline in 2024

China Daye Non-Ferrous Metals Mining Limited reported a significant increase in revenue for the year ended December 31, 2024, with a 29.18% rise to approximately RMB57.85 billion. However, the company’s gross profit decreased by 10.70%, and its overall profit for the year saw a substantial decline of 95.26%, attributed to increased administrative expenses and finance costs, impacting its financial performance despite the revenue growth.

China Daye Schedules Board Meeting to Approve 2024 Financial Results

China Daye Non-Ferrous Metals Mining Limited has announced a board meeting scheduled for March 31, 2025, to discuss and approve the company’s final results for the financial year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend, which could impact the company’s financial strategy and shareholder returns.

China Daye Issues Profit Warning Amid Market Challenges

China Daye Non-Ferrous Metals Mining Limited has issued a profit warning, indicating a significant decrease in profit for the year ended December 31, 2024, compared to 2023. This decline is attributed to the increased release of smelting capacity and a tight supply of copper concentrate, which led to reduced smelting processing charges. Despite a 29.18% increase in revenue, the profit decreased by approximately 95.26%, highlighting the challenging market conditions faced by the company.

China Daye Enters Strategic Services Agreement with CNMC

China Daye Non-Ferrous Metals Mining Limited has entered into a CNMC Services Framework Agreement with CNMC Group, effective from March 3, 2024, to December 31, 2025. This agreement outlines the provision of various technical and consulting services by China Daye to CNMC, with pricing based on government-prescribed rates or market prices. This strategic partnership is expected to enhance China Daye’s service offerings and strengthen its market position in the non-ferrous metals sector.