HENAN MINGTAI AL INDUSTRIAL CO LTDHH

HENAN MINGTAI AL INDUSTRIAL CO LTD

12.85CNYD
+0.08+0.63%
At close at Mar 7, 09:08 GMT
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601677 fundamentals

Key facts

Market capitalization‪15.71 B‬CNY
Founded1997
Employees (FY)‪6.46 K‬
CEOJie Liu
Websitehngymt.com
About

Henan Mingtai Al. Industrial Co., Ltd. engages in the research, processing, manufacturing and sale of aluminum products. The company products include brazing aluminum plate, mirror aluminum, alumina plate, quenching and stretching plate, alloy aluminum plate, medium thick aluminum plate, deep drawing aluminum, bottle cap material, battery shell material and pattern aluminum plate. Its products are used in printing plate, electronic home appliances and communications, machinery and electrical appliances, power facilities, architectural decoration, transportation, aerospace, shipping, food and medicine packaging, automobile manufacturing, petrochemical and energy industries. The company was founded by Ma Ting Yi, Ma Ting Yao and Hua Xin Min on April 18, 1997 and is headquartered in Zhengzhou, China.

Ownership
‪‪1.19 B‬‬
Free Float shares
‪‪868.86 M‬‬ (72.86%)
Closely held shares
‪‪323.63 M‬‬ (27.14%)
Free Float shares
‪‪868.86 M‬‬ (72.86%)
Closely held shares
‪‪323.63 M‬‬ (27.14%)
Capital structure
Market cap
‪‪15.71 B‬‬
Debt
‪‪2.89 B‬‬
Minority interest
‪‪296.23 M‬‬
Cash & equivalents
‪‪3.49 B‬‬
Enterprise value
‪‪15.41 B‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪15.71 B‬‬
Price to earning ratio (P/E)
9.82x
Price to sales ratio (P/S)
0.52x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
9.82x
Price to sales ratio (P/S)
0.52x
Valuation ratios
‪0.00‬
‪0.16‬
‪0.32‬
‪0.48‬
‪0.64‬
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪0.00‬
‪3.00‬
‪6.00‬
‪9.00‬
‪12.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪2.5%‬
‪4.1%‬
‪5.7%‬
‪7.3%‬
‪8.9%‬
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪0.00‬
‪‪2.10 B‬‬
‪‪4.20 B‬‬
‪‪6.30 B‬‬
‪‪8.40 B‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪0.00‬
‪‪2.10 B‬‬
‪‪4.20 B‬‬
‪‪6.30 B‬‬
‪‪8.40 B‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪0.00‬
‪‪2.10 B‬‬
‪‪4.20 B‬‬
‪‪6.30 B‬‬
‪‪8.40 B‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2023
Henan Mingtai
Mingsheng New Materials
Mingtai Technology
Kunshan Mingtai
Taihong New Materials
Taihong Aluminum
Yirui New Materials
Transportation New Materials
Other
By country
Period: 2023
China

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪‪2.10 B‬‬
‪‪4.20 B‬‬
‪‪6.30 B‬‬
‪‪8.40 B‬‬
Actual
Earnings
Next:Apr 23, 2025
Q4 '23
Q1 '24
Q2 '24
Q3 '24
Q4 '24
‪0.00‬
‪0.15‬
‪0.30‬
‪0.45‬
‪0.60‬
Actual

Dividends

Dividend yield, history and sustainability

Dividend summary
13.84%
Earnings retained
Payout ratio (TTM)
Dividend yield TTM
1.40%
Last payment
0.05
Last ex-date
Jan 8, 2025
Dividend history
‪0.60%‬
‪0.81%‬
‪1.02%‬
‪1.23%‬
‪1.44%‬
2019
2020
2021
2022
2023
‪0.00‬
‪0.06‬
‪0.11‬
‪0.17‬
‪0.22‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Debt level and coverage
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪‪−1.50 B‬‬
‪0.00‬
‪‪1.50 B‬‬
‪‪3.00 B‬‬
‪‪4.50 B‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
Short term
Long term
‪0.00‬
‪‪4.00 B‬‬
‪‪8.00 B‬‬
‪‪12.00 B‬‬
‪‪16.00 B‬‬
Assets
Liabilities