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Xiamen Tungsten Co., Ltd. (600549.SS)

CNY62.57 +3.43 (+5.80%)
CN SHH Basic Materials Industrial Materials
Address Building A 361009
Xiamen, CN
CEO Gao Chao Wu
Website cxtc.com
IPO 2002-11-07
ISIN CNE000001D15

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Description

Xiamen Tungsten Co., Ltd. is a global and domestic Chinese enterprise primarily focused on the entire lifecycle of crucial metals. Its core operations encompass the extraction, refining, advanced processing, and recycling of tungsten, molybdenum, and rare earth elements. The company's extensive product range includes various tungsten concentrates (such as WO3 and WOX), tungsten powder, tungsten oxide, and high-value-added tungsten products like cemented carbide, tungsten steel, bars, and wires. It also provides essential materials such as tungsten carbide powder and cobalt powder. In the rare earth sector, Xiamen Tungsten manufactures rare earth oxides, rare earth metals, permanent magnets, and phosphor products. For molybdenum, its offerings span ammonium molybdate, molybdenum powder, round blanks, wires, crucibles, plates, electrodes, and molybdenum oxides, along with other specialized molybdenum derivatives. Beyond these foundational materials, the company is a significant producer of advanced components for Li-ion batteries, including cathode materials like lithium cobalt oxides, ternary cathode materials, lithium manganese oxides, and lithium iron phosphates. It also supplies hydrogen storage alloy powders. Diversifying its portfolio, Xiamen Tungsten also undertakes property development, constructing residential communities and commercial office buildings in major Chinese cities such as Xiamen, Zhangzhou, Chengdu, Luzhou, and Chongqing. Originally founded in 1958 as Xiamen Wu Factory, the company rebranded to its current name, Xiamen Tungsten Co., Ltd., in December 1997. Its corporate headquarters are situated in Xiamen, China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY62.57 +3.43 (+5.80%)
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Volume Profile
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Liquidity & share structure
Average Volume
79M
Beta
0.78
Float Shares
891.35M
Free Float %
56.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+3.76% +2.43% -5.90% -22.49% +58.05% +32.42% +180.26% +196.13% +169.16% +189.66% +2,253.68%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
62.57
DCF (Levered) 9.03 -85.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 90% Bullish
Rating 2024-11 Change
Strong Buy 3 0
Buy 6 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.88
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Industrial Materials: +4.8%
    +32.0% Q1'26: +87.9% (vs Q1'25)
  • EPS growth Industrial Materials: +16.2%
    +20.7% Q1'26: +180.0% (vs Q1'25)
  • FCF margin FCF growth · Industrial Materials: +3.3%
    -0.2% Q1'26: -19.7% (vs Q1'25)
  • EBIT margin Industrial Materials: +3.1%
    +8.9% Q1'26: +13.6% (vs Q1'25)
  • ROIC Industrial Materials: +2.2%
    +8.8% Q1'26: +19.5% (vs Q1'25)
  • Share dilution Industrial Materials: -0.2%
    +11.1% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Industrial Materials: 0.52×
    1.39× Q1'26: 1.60× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.87) × ERP
WACC = 92% × Ke + 8% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 62.57
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
3 EPS Ana.
Dec 2027
3 Rev. Ana.
3 EPS Ana.
Dec 2028
2 Rev. Ana.
2 EPS Ana.
Revenue
7.75B
est: 7.94B (-2.3%)
8.53B
est: 8.79B (-3.0%)
14.19B
est: 12.37B (+14.7%)
19.56B
est: 13.46B (+45.3%)
17.40B
est: 13.51B (+28.7%)
18.96B
est: 18.92B (+0.3%)
31.85B
est: 29.02B (+9.8%)
48.22B
est: 48.58B (-0.7%)
39.40B
est: 37.83B (+4.1%)
35.20B
est: 38.25B (-8.0%)
46.47B
est: 46.47B (+0.0%)
81.09B
64.84B – 91.87B
+74.5% YoY
89.77B
69.74B – 100.89B
+10.7% YoY
105.79B
101.05B – 110.52B
+17.8% YoY
EBITDA
294.91M
est: 820.45M (-64.1%)
1.06B
est: 908.82M (+17.1%)
1.91B
est: 1.28B (+49.3%)
1.73B
est: 1.39B (+24.4%)
1.34B
est: 1.40B (-4.4%)
2.11B
est: 1.96B (+8.1%)
3.08B
est: 3.00B (+2.7%)
3.88B
est: 5.02B (-22.7%)
4.21B
est: 3.93B (+7.1%)
4.27B
est: 3.97B (+7.7%)
5.28B
est: 4.82B (+9.4%)
8.42B
6.73B – 9.54B
+74.5% YoY
9.32B
7.24B – 10.47B
+10.7% YoY
10.98B
10.49B – 11.47B
+17.8% YoY
EBIT
-274.26M
est: 573.11M (-147.9%)
465.71M
est: 634.83M (-26.6%)
1.31B
est: 893.32M (+47.2%)
1.09B
est: 972.40M (+11.9%)
603.30M
est: 975.87M (-38.2%)
1.27B
est: 1.37B (-7.1%)
2.16B
est: 2.10B (+3.2%)
2.87B
est: 3.51B (-18.3%)
3.08B
est: 2.90B (+6.4%)
3.12B
est: 2.93B (+6.5%)
4.12B
est: 3.56B (+15.8%)
6.21B
4.97B – 7.03B
+74.5% YoY
6.87B
5.34B – 7.73B
+10.7% YoY
8.10B
7.74B – 8.46B
+17.8% YoY
Net Income
-662.48M
est: -208.81M (-217.3%)
147.00M
est: 153.86M (-4.5%)
618.38M
est: 835.28M (-26.0%)
499.05M
est: 500.06M (-0.2%)
260.68M
est: 214.31M (+21.6%)
614.11M
est: 614.36M (0.0%)
1.18B
est: 1.61B (-27.0%)
1.45B
est: 1.46B (-1.2%)
1.60B
est: 1.83B (-12.3%)
1.73B
est: 1.68B (+2.6%)
2.31B
est: 2.33B (-1.0%)
5.04B
4.08B – 5.24B
+116.0% YoY
5.52B
5.15B – 6.08B
+9.5% YoY
6.77B
6.48B – 7.92B
+22.7% YoY
SGA
219.45M
est: 84.93M (+158.4%)
942.83M
est: 94.07M (+902.2%)
288.16M
est: 132.38M (+117.7%)
969.09M
est: 144.09M (+572.5%)
350.07M
est: 144.61M (+142.1%)
271.60M
est: 202.44M (+34.2%)
325.81M
est: 310.59M (+4.9%)
360.58M
est: 519.86M (-30.6%)
392.59M
est: 296.50M (+32.4%)
405.40M
est: 299.77M (+35.2%)
est: 364.22M (-100.0%)
635.57M
508.23M – 720.04M
+74.5% YoY
703.61M
546.60M – 790.74M
+10.7% YoY
829.13M
792.02M – 866.25M
+17.8% YoY
EPS
-0.47
est: -0.15 (-221.6%)
0.10
est: 0.11 (-7.1%)
0.44
est: 0.58 (-24.7%)
0.35
est: 0.35 (+0.0%)
0.40
est: 0.15 (+166.7%)
0.68
est: 0.43 (+58.1%)
0.84
est: 1.13 (-25.7%)
1.03
est: 1.03 (+0.5%)
1.14
est: 1.29 (-11.8%)
1.21
est: 1.21 (+0.0%)
1.46
est: 1.56 (-6.1%)
2.83
2.57 – 3.30
+82.1% YoY
3.52
3.24 – 3.83
+24.4% YoY
4.54
4.08 – 4.99
+28.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-28 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-27 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-26 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-25 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-22 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-21 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-20 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-19 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-18 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-15 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-14 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-13 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-12 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-11 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-08 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-07 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-05-06 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-30 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-29 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-28 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-27 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-24 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-23 C+ 2/5 3/5 4/5 1/5 1/5 2/5 2/5
2026-04-22 C+ 2/5 3/5 4/5 1/5 1/5 2/5 2/5
2026-04-21 C+ 2/5 3/5 4/5 1/5 1/5 2/5 2/5
2026-04-20 C+ 2/5 3/5 4/5 1/5 1/5 2/5 2/5
2026-04-17 C+ 2/5 3/5 4/5 1/5 1/5 2/5 2/5
2026-04-16 C+ 2/5 3/5 4/5 1/5 1/5 2/5 2/5
2026-04-15 C+ 2/5 3/5 4/5 1/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.72B
OE per share TTM
1.08
Owner's Yield
2.00%
Maintenance CapEx ratio
136.35%
Maint CapEx / Avg PPE
27.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
230.3K
Shares Outstanding
1.59B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Bingxian Zhong Vice President & Chief Financial Officer male
Chao Hong Vice President male
Gao Chao Wu President & Director male
Hao Lin Accounting Supervisor
Kexiang Zhong Executive VP & Director male
Yu Jun Zhou Vice President & Secretary of the Board of Director female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits