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Shengda Resources Co Ltd
SZSE:000603

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Shengda Resources Co Ltd
SZSE:000603
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Price: 37.5 CNY 2.18% Market Closed
Market Cap: ¥25.9B

P/B

7.9
Current
152%
More Expensive
vs 3-y average of 3.1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
7.9
=
Market Cap
¥34.3B
/
Total Equity
¥3.3B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
7.9
=
Market Cap
¥34.3B
/
Total Equity
¥3.3B

Valuation Scenarios

Shengda Resources Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (3.1), the stock would be worth ¥14.85 (60% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-69%
Maximum Upside
No Upside Scenarios
Average Downside
63%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 7.9 ¥37.5
0%
3-Year Average 3.1 ¥14.85
-60%
5-Year Average 3.2 ¥15.31
-59%
Industry Average 2.8 ¥13.26
-65%
Country Average 2.4 ¥11.68
-69%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CN
Shengda Resources Co Ltd
SZSE:000603
25.9B CNY 7.9 50.4
AU
BHP Group Ltd
ASX:BHP
279B AUD 3.8 18.8
AU
Rio Tinto Ltd
ASX:RIO
277.3B AUD 3.5 19.3
UK
Rio Tinto PLC
LSE:RIO
119.4B GBP 2.7 15.8
CH
Glencore PLC
LSE:GLEN
66.7B GBP 2.3 243.2
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.5T MXN 3.8 17
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 4 33.9
CN
CMOC Group Ltd
SSE:603993
410.6B CNY 4.8 19.5
UK
Anglo American PLC
LSE:AAL
42.3B GBP 3.1 -15
CN
China Molybdenum Co Ltd
OTC:CMCLF
47.1B USD 3.9 15.9
ZA
African Rainbow Minerals Ltd
JSE:ARI
41.9B ZAR 0.7 32.5

Market Distribution

Higher than 89% of companies in China
Percentile
89th
Based on 7 605 companies
89th percentile
7.9
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Shengda Resources Co Ltd
Glance View

Market Cap
25.9B CNY
Industry
Metals & Mining

Shengda Resources Co., Ltd. stands as a testament to industrial prowess within the mining sector, charting its course through the labyrinthine paths of mineral exploration and extraction. At its core, Shengda is deeply entrenched in the acquisition and processing of non-ferrous metals, chiefly zinc and lead, among others. The company’s operations are anchored in rich deposits strategically located in China, where it meticulously oversees every stage of the mining process—from extraction to refining. This vertically integrated business model ensures not only high-quality output but also significant control over the supply chain. By operating its own smelting and refining facilities, Shengda adeptly transforms raw materials into highly marketable metal products, satisfying the growing needs of diverse industries such as construction, electronics, and automotive manufacturing. Financially, Shengda derives significant revenue from the sale of these refined metals domestically and, increasingly, in lucrative international markets. Its prowess in logistics and distribution amplifies its reach, enabling swift movement of goods from mines to markets. To maintain a competitive edge, the company invests in cutting-edge technology, driving efficiency in both production and environmental management, while also exploring sustainable practices to minimize ecological impact. While the sector is often vulnerable to fluctuating commodity prices and regulatory pressures, Shengda's strategic foresight and adaptability have positioned it well in navigating market cyclicity. The company remains attuned to the global shifts towards cleaner energy and more sustainable practices, which provides both opportunity and challenge in its ongoing mission to remodel its legacy into a beacon of modern industrial sustainability.

Intrinsic Value
25.3 CNY
Overvaluation 33%
Intrinsic Value
Price ¥37.5
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