China Vanadium Titano-Magnetite Mining Co., Ltd. (0893) AI Stock Analysis

• Market Cap: HK$182.17M
• Dividend Yield: N/A
• Average Volume (3M): 3.86M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.66
• Revenue Growth: -32.95%
• EPS Growth: -687.50%
• Country: HK
• Employees: 356
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 0.00
• Shares Outstanding: 2,249,015,400
• 10 Day Avg. Volume: 7,564,100
• 30 Day Avg. Volume: 3,855,500
• PEG Ratio: 0.02
• Price to Book (P/B): 0.18
• Price to Sales (P/S): 0.20
• P/FCF Ratio: 135.60
• 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: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: HK$0.08 ▲(1.25% Upside)

The overall stock score reflects significant financial challenges, including declining revenue and profitability, negative cash flow, and weak technical indicators. The stock's valuation is also unattractive due to its negative P/E ratio and lack of dividend yield.

Positive Factors

Manageable Debt Levels

The company's low debt-to-equity ratio indicates prudent financial management, providing flexibility to navigate financial challenges.

Industry Demand

The essential role of vanadium in steel production supports long-term demand, benefiting the company's core business operations.

Resource Sector Focus

Specialization in a niche market can offer competitive advantages and opportunities for growth in specialized industrial applications.

Negative Factors

Declining Revenue

Significant revenue decline indicates challenges in market demand or operational execution, impacting long-term growth prospects.

Negative Profitability

Deteriorating profitability suggests operational inefficiencies and potential difficulties in sustaining business operations.

Cash Flow Constraints

Negative cash flow generation limits the company's ability to invest in growth opportunities and manage financial obligations.

China Vanadium Titano-Magnetite Mining Co., Ltd. Business Overview & Revenue Model

Company Description

China Vanadium Titano-Magnetite Mining Co., Ltd. (0893) is a leading mining company based in China, primarily engaged in the exploration, mining, and processing of vanadium titano-magnetite ores. The company operates in the resources sector, focusing on the extraction of valuable minerals to produce vanadium pentoxide and iron concentrates, which are essential for various industrial applications, including steel manufacturing and energy storage technologies.

How the Company Makes Money

The company generates revenue primarily through the sale of its processed products, including vanadium pentoxide and iron concentrates. Its revenue model is based on the extraction and processing of vanadium titano-magnetite ores, which are then sold to various industries, particularly in the steel sector where vanadium is used as an alloy to enhance strength and durability. Key revenue streams include direct sales to domestic and international customers, as well as potential partnerships with steel producers and other industrial users of vanadium and iron products. Additionally, fluctuations in global commodity prices, demand for vanadium in energy storage systems, and advancements in mining technology can significantly impact its earnings.

China Vanadium Titano-Magnetite Mining Co., Ltd. Financial Statement Overview

Summary

The company faces significant financial challenges, with declining revenue and profitability, negative cash flow generation, and operational inefficiencies. While debt is manageable, the lack of profitability and cash flow stability is concerning.

Income Statement

The income statement shows challenges with declining revenue and profitability. Net profit margin has fallen significantly from 1.24% in 2023 to -3.81% in 2024, indicating deteriorating profitability. Revenue also decreased by 30.9% from 2023 to 2024, suggesting a downturn in business operations. EBIT margin is negative, reflecting operational inefficiencies. The company needs to address these issues to improve its financial health.

Balance Sheet

The balance sheet reflects moderate stability with a debt-to-equity ratio of 0.18 in 2024, showing manageable leverage. However, the equity ratio has slightly declined, indicating a decrease in financial stability. Return on equity has turned negative, reflecting the net loss in 2024. Overall, while debt is under control, declining equity and profitability are concerns.

Cash Flow

The cash flow statement indicates a lack of operating cash flow in 2024, which is concerning for liquidity management. The free cash flow growth is negative, and the absence of free cash flow signifies potential cash constraints. Operating and free cash flow ratios to net income cannot be calculated due to negative net income, highlighting cash generation issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	532.80M	542.49M	784.95M	725.87M	714.76M	488.13M
Gross Profit	6.16M	9.51M	36.53M	25.28M	24.66M	46.59M
EBITDA	-3.07M	-4.15M	38.67M	12.29M	14.86M	29.28M
Net Income	-19.57M	-20.66M	9.70M	1.30M	8.31M	-17.05M
Balance Sheet
Total Assets	1.29B	1.28B	1.31B	1.20B	1.16B	1.23B
Cash, Cash Equivalents and Short-Term Investments	2.29M	11.88M	8.04M	9.36M	6.44M	32.65M
Total Debt	97.19M	112.53M	105.81M	115.85M	94.90M	92.00M
Total Liabilities	369.86M	362.10M	367.03M	267.38M	231.48M	310.18M
Stockholders Equity	626.58M	625.62M	646.29M	636.58M	635.24M	626.25M
Cash Flow
Free Cash Flow	13.29M	810.00K	16.20M	-775.00K	-40.92M	30.39M
Operating Cash Flow	13.75M	26.16M	95.15M	21.32M	-18.22M	36.84M
Investing Cash Flow	-6.65M	-27.75M	-79.77M	-23.77M	-21.62M	-8.23M
Financing Cash Flow	-4.98M	5.44M	-16.71M	5.23M	-1.60M	-4.69M

China Vanadium Titano-Magnetite Mining Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0893, the sentiment is Positive. The current price of 0.08 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.08, and above the 200-day MA of 0.07, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 48.75 is Neutral, neither overbought nor oversold. The STOCH value of 30.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0893.

China Vanadium Titano-Magnetite Mining Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
0323	54 Neutral	$28.25B	-8.04	-8.13%	―	-10.10%	10.40%
3788	54 Neutral	HK$7.22B	35.86	11.79%	1.13%	-6.73%	-21.30%
1231	53 Neutral	HK$1.20B	-75.00	-7.12%	―	-49.95%	-310.53%
0103	51 Neutral	HK$1.81B	86.04	1.06%	2.43%	-8.90%	-79.06%
0893	46 Neutral	HK$182.17M	-8.62	-3.20%	―	-32.95%	-687.50%
0347	41 Neutral	$23.76B	-3.95	-8.39%	―	-9.09%	34.73%

China Vanadium Titano-Magnetite Mining Co., Ltd. Corporate Events

China Vanadium Titano-Magnetite Announces 2026 Facility Management Agreements

China Vanadium Titano-Magnetite Mining Co., Ltd. has announced new facility management services agreements for 2026 with Huili Caitong, Xiushuihe Mining, and Yanyuan Xigang. These agreements, effective from January 2026 to December 2028, involve providing a range of facilities management services, including operational and engineering support. The transactions are classified as continuing connected transactions under Hong Kong’s Listing Rules, requiring approval from independent shareholders. An extraordinary general meeting will be convened for this purpose, and an independent board committee has been established to advise shareholders.

China Vanadium Titano-Magnetite Mining’s Share Charge by Controlling Shareholder

China Vanadium Titano-Magnetite Mining Co., Ltd. announced that its controlling shareholder, Trisonic International Limited, has charged 242,618,000 shares, representing approximately 10.79% of the company’s total shares, as security to a financial institution. This move is part of a financing facility agreement with associated companies of Trisonic. The charge has led to the appointment of receivers over the assets, including the charged shares, and discussions are ongoing regarding a potential debt restructuring arrangement. The company clarified that this arrangement does not involve the company or its group directly, and there is no change in the controlling shareholders as of the announcement date.

China Vanadium Titano-Magnetite Mining Co., Ltd. Expands Maoling-Yanglongshan Mine Capacity

China Vanadium Titano-Magnetite Mining Co., Ltd. announced a supplemental disclosure regarding the upgrade and expansion of capacity for the Maoling-Yanglongshan Mine. The company provided additional information about the shareholding structure of the contractor involved in the construction contract, emphasizing that the contractor and its shareholders are independent third parties. This expansion project is likely to enhance the company’s operational capabilities and strengthen its position in the mining sector.

China Vanadium Titano-Magnetite Announces Major Mine Upgrade

China Vanadium Titano-Magnetite Mining Co., Ltd. has announced a significant upgrade and expansion project for its Maoling-Yanglongshan Mine. The project, valued at RMB34,000,000, involves construction and engineering services aimed at modernizing mining operations, ensuring operational continuity, and improving efficiency and safety. This development is expected to enhance the company’s operational capabilities and strengthen its position in the mining industry.