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

• Market Cap: HK$1.13B
• Dividend Yield: N/A
• Average Volume (3M): 17.86M
• Price to Earnings (P/E): 26.3
• Beta (1Y): 0.70
• Revenue Growth: 26.83%
• EPS Growth: N/A
• Country: HK
• Employees: 5,283
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Copper
• EPS (TTM): >-0.01
• Shares Outstanding: 17,895,580,000
• 10 Day Avg. Volume: 12,276,569
• 30 Day Avg. Volume: 17,858,886
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: Hold
• Number of Analyst Covering: 1

• Rating: 55 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall score reflects significant financial performance concerns, particularly high leverage and poor cash flow, despite strong revenue growth. Technical analysis provides some short-term optimism, yet valuation metrics suggest caution. The lack of dividend yield and overbought RSI condition further temper the stock’s attractiveness.

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 through the extraction, processing, and sale of non-ferrous metals, particularly copper. The company benefits from the demand for these metals in multiple industries, including construction, manufacturing, and electronics. Its revenue model is centered around selling the refined metals to manufacturers and other industrial clients who use them as raw materials. The company's earnings are influenced by global metal prices, production efficiency, and the operational capacity of its mining projects. Strategic partnerships and joint ventures in mining operations also play a role in enhancing its revenue streams.

China Daye Non-Ferrous Metals Mining Limited Financial Statement Overview

Summary

The company shows strong revenue growth, but profitability is constrained with low profit margins and negative cash flows. High leverage and low equity pose financial stability risks.

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
EBITDA	1.40B	1.00B	539.10M	832.56M	1.25B
Net Income	40.20M	-56.33M	110.91M	286.44M	306.42M
Balance Sheet
Total Assets	25.87B	26.11B	23.22B	17.14B	14.86B
Cash, Cash Equivalents and Short-Term Investments	1.53B	991.88M	820.04M	1.21B	874.74M
Total Debt	16.38B	15.68B	13.08B	9.39B	8.19B
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	283.51M	-2.31B	-3.74B	-946.16M	1.32B
Operating Cash Flow	820.66M	-1.32B	-2.29B	584.38M	2.02B
Investing Cash Flow	-478.43M	-844.59M	-1.07B	-1.43B	-827.71M
Financing Cash Flow	197.92M	2.33B	3.36B	1.28B	-2.32B

China Daye Non-Ferrous Metals Mining Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 0.07 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 99.62 is Negative, neither overbought nor oversold. The STOCH value of 89.57 is Negative, 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
Sector *	61 Neutral	$10.09B	5.99	1.14%	3.01%	3.04%	-44.94%
0661	55 Neutral	HK$1.13B	26.25	1.31%	―	26.83%	―
ZHAOF	―	$10.06B	47.19	11.20%	0.29%	―	―
ZIJMF	―	$78.78B	15.99	27.63%	1.73%	―	―
1787	76 Outperform	HK$147.98B	45.80	10.43%	0.90%	36.74%	36.49%
3939	76 Outperform	HK$38.30B	49.64	25.55%	0.90%	40.22%	46.48%
6693	―	HK$44.77B	19.14	23.80%	0.69%	―	―

China Daye Non-Ferrous Metals Mining Limited Corporate Events

China Daye Considers Disposal of Subsidiary to Optimize State-Owned Economy

China Daye Non-Ferrous Metals Mining Limited announced a possible disposal of its subsidiary, Daye Nonferrous Design and Research Institute Co., Ltd., to CNMC No. 15 Metallurgical, a subsidiary of China Nonferrous Metal Mining Group. This move aligns with the state’s strategy to optimize and adjust the structure of the state-owned economy. The transaction is still in negotiation, with no definitive agreement reached yet, and it is subject to regulatory and corporate approvals. If finalized, it would be a discloseable and connected transaction under Hong Kong’s listing rules, impacting the company’s operations and stakeholder interests.

China Daye Revises Annual Cap Amid Business Expansion

China Daye Non-Ferrous Metals Mining Limited announced a revision of its annual cap for the Parent Group Services Framework Agreement due to anticipated business growth. The revised cap is set to increase from RMB 4,145,000 to RMB 10,000,000 for 2025, reflecting the company’s expansion into new business areas and expected higher transaction volumes. This adjustment is seen as a strategic move to enhance revenue and is considered fair and reasonable by the company’s board.

China Daye Revises Annual Cap for CNMC Transaction Amid Increased Orders

China Daye Non-Ferrous Metals Mining Limited announced a revision of its annual cap for a continuing connected transaction with CNMC Group due to a significant one-off order of cathode copper. This revision means the transaction amount will exceed the original cap set for 2025, necessitating compliance with certain reporting and review requirements under Hong Kong’s listing rules, though it remains exempt from independent shareholders’ approval. This adjustment reflects a notable increase in business activity and could potentially enhance the company’s revenue and market positioning.

Executive Director Resignation at China Daye Non-Ferrous Metals

China Daye Non-Ferrous Metals Mining Limited announced the resignation of Mr. Chen Xuewen as an executive director, effective June 26, 2025, due to other business commitments. The company expressed gratitude for Mr. Chen’s contributions, and his departure is not expected to affect the company’s operations or stakeholder interests.

China Daye Announces Board Composition and Governance Structure

China Daye Non-Ferrous Metals Mining Limited has announced the composition of its board of directors and the roles of its members. The board includes executive directors and independent non-executive directors, with committees established for audit, remuneration, and nomination. This announcement clarifies the governance structure of the company, potentially impacting its strategic direction and stakeholder relations.

China Daye Non-Ferrous Metals Mining Announces Board Composition and Governance Structure

China Daye Non-Ferrous Metals Mining Limited has announced the composition of its board of directors and the roles they will undertake. The board is comprised of both executive and independent non-executive directors, with committees established for audit, remuneration, and nomination purposes. This announcement is significant as it outlines the governance structure that will guide the company’s strategic decisions and operations, potentially impacting its market position and stakeholder relations.

China Daye Announces Board Changes with New Director Appointment

China Daye Non-Ferrous Metals Mining Limited announced the resignation of Mr. Liu Jishun as an independent non-executive director due to retirement, effective June 16, 2025. Mr. Liu also stepped down from his roles in the audit, remuneration, and nomination committees. The company expressed gratitude for his contributions. Concurrently, Mr. Kong Hua has been appointed as the new independent non-executive director and member of the same committees, bringing extensive experience in geological research and mineral prospecting, which aligns with the company’s strategic focus on mineral exploration.

China Daye Non-Ferrous Metals Mining Limited Successfully Passes AGM Resolutions

China Daye Non-Ferrous Metals Mining Limited announced that all resolutions proposed at its annual general meeting on May 23, 2025, were passed. The resolutions included the re-election of directors, authorization of directors’ remuneration, appointment of auditors, and granting of mandates to directors for share purchase and issuance. This successful meeting reflects strong shareholder support and positions the company for continued governance and operational stability.

China Daye Establishes Nomination Committee for Enhanced Governance

China Daye Non-Ferrous Metals Mining Limited has established a Nomination Committee effective from May 16, 2025. The committee will be primarily composed of independent non-executive directors and will be responsible for overseeing the nomination process for board members, ensuring governance and transparency in the company’s leadership appointments.