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601168.SS
BUYAPPROVEWestern Mining Co.,Ltd. · Basic Materials · China · $10.8B · Avg Vol: $273M/d
Western Mining is a major Chinese producer of copper, lead, and zinc. With copper supply facing severe structural deficits due to declining ore grades and lack of new discoveries, Western Mining's expanding domestic copper assets position it perfectly to capture the massive demand floor driven by global power grid upgrades and AI data center electrification. It offers a highly asymmetric risk-reward profile as a low-cost producer in a tight commodity market.
COMPANY DESCRIPTION
Western Mining Co., Ltd. is engaged in the mining, smelting, and trading of base and precious metals, including copper, lead, zinc, and iron. Operating primarily in western China, the company controls significant, high-grade mineral reserves, particularly in the Qinghai-Tibet Plateau. Its competitive moat is derived from its low-cost mining operations, extensive resource ownership, and vertically integrated smelting capabilities.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 5.9B | 6.3B | 7.4B | 9.1B | 15.3% |
| EPS | 0.21 | 0.17 | 0.18 | 0.23 | 2.3% |
| Shares | 2.4B | 2.4B | 2.4B | 2.4B | 0.0% |
| Debt | 3.1B | 3.4B | 3.2B | 3.6B | 4.6% |
| Equity | 2.4B | 2.3B | 2.5B | 2.7B | 4.4% |
| Op CF | 1.5B | 922M | 1.2B | 1.5B | -0.3% |
| Inv CF | -553M | -454M | -544M | -424M | — |
| Fin CF | -837M | -542M | -872M | -350M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 601168.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 601168.SS | Western Mining Co.,Ltd.(you) | $10.8B | 73 | BUY |
| 000960.SZ | Yunnan Tin Company Limited | $9.1B | 73 | BUY |
| 600549.SS | Xiamen Tungsten Co.,Ltd. | $12.8B | 74 | BUY |
| 9696.HK | Tianqi Lithium Corporation | $10.7B | 65 | BUY |
| 600497.SS | YUNNAN CHIHONG ZINC&GERMANIUM C | $7.1B | 73 | BUY |
| 601061.SS | CITIC Metal Co., Ltd | $9.5B | 60 | HOLD |
| 603979.SS | JCHX Mining Management Co.,Ltd. | $6.8B | 80 | STRONG BUY |
| 000657.SZ | China Tungsten And Hightech Materials Co.,Ltd | $22.9B | 71 | BUY |
| 002497.SZ | Sichuan Yahua Industrial Group Co., Ltd. | $3.9B | 71 | BUY |
| 601958.SS | Jinduicheng Molybdenum Co., Ltd. | $11.5B | 95 | STRONG BUY |
Peer medians: ROE 6.1% · P/E 33.7x · Gross margin 17.5%