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Inner Mongolia Xingye Silver & Tin Mining Co (000426) Fair Value & Analysis

Basic Materials · CN · Market cap 54.3B CNY

IM Inner Mongolia Xingye Silver & Tin Mining Co 000426 · SHE
Price¥37.58
Fair Value¥16.05
Upside-57.3%
Quality62/100
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Healthy Growth
Highly profitable · 40.8% net margin
Low debt · generates free cash flow
0.34% dividend yield
Mixed vs. peers (7/14)
Wide moat 85/100
Evidence: Medium Range ¥12.02 – ¥29.72 Share as image

Fair value as of: Jul 15, 2026

From 24 valuation models · updated 23 days ago

Share price +10.2% over the past month.

A solid business, but screening 57% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥29.72). The favourable scenario is already priced in.
  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (¥12.02 to ¥29.72) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥68.80 ¥5.50 Fair Value ¥16.05 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range ¥5.50 – ¥68.80 · fair‑value band ¥12.02 – ¥29.72 · the ¥37.58 price screens above the ¥16.05 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Inner Mongolia Xingye Silver & Tin Mining Co (000426) currently trades at ¥37.58, while our model-based Fair Value estimate is ¥16.05, implying the stock looks roughly 57.3% overvalued today. We read business quality at 62/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Inner Mongolia Xingye Silver & Tin Mining Co generated revenue of 6.5B CNY at a net margin of 40.8%. Revenue grew 85.3% year over year. It earns a return on equity of 26.7%. Net debt stands at 1.4B CNY. Fundamentals as of Jul 15, 2026

Our scenario range runs from ¥12.02 (bear case) to ¥29.72 (bull case); at ¥37.58, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 50% below its 52-week high and 152% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at -57%, 000426 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥15.91 ¥32.10 ¥62.48 80
Residual Income ¥6.34 ¥8.40 ¥30.43 76
Rev-Margin DCF ¥8.53 ¥15.23 ¥25.03 74
All 24 models by family
DCF Models
FCF DCF ¥16.63 ¥28.83 ¥62.76 38
Owner Earnings ¥15.38 ¥34.82 ¥75.01 31
5Y Revenue Exit ¥8.53 ¥14.54 ¥25.12 39
5Y EBITDA Exit ¥15.88 ¥30.65 ¥55.68 41
5Y P/E Exit ¥14.48 ¥29.35 ¥48.15 38
10Y Revenue Exit ¥10.69 ¥18.77 ¥28.38 36
10Y EBITDA Exit ¥16.06 ¥32.37 ¥61.47 37
10Y P/E Exit ¥15.07 ¥29.78 ¥54.30 35
Earnings-Based
Graham-Dodd ¥6.53 ¥44.20 ¥61.95 54
Lynch FV ¥12.97 ¥18.52 ¥24.08 50
PEG = 1.0 ¥12.97 ¥18.52 ¥24.08 46
EPV ¥10.78 ¥12.64 ¥14.27 59
Multiples
P/E Multiple ¥14.40 ¥19.20 ¥23.99 63
P/S Multiple ¥5.87 ¥7.82 ¥9.78 58
P/B Multiple ¥12.02 ¥16.03 ¥20.04 55
EV/EBIT ¥17.45 ¥23.40 ¥29.35 53
EV/EBITDA ¥16.00 ¥21.47 ¥26.94 54
EV/Revenue ¥5.07 ¥7.41 ¥9.76 43
Asset-Based
NCAV (Graham) ¥2.67 ¥3.58 ¥5.34 50
Growth DCF
Growth DCF ¥15.91 ¥32.10 ¥62.48 80
Rev-Margin DCF ¥8.53 ¥15.23 ¥25.03 74
Economic Profit
Residual Income ¥6.34 ¥8.40 ¥30.43 76
ROIC Compounder ¥13.47 ¥19.97 ¥28.55 72
Growth Earnings
Growth-Adj P/E ¥17.56 ¥25.09 ¥32.62 68

Widest divergence: DCF Models (¥29.35) versus Asset-Based (¥3.58). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 6.5B CNY
Revenue growth (YoY) +85.3%
Net margin 40.8%
Return on equity 26.7%
Free cash flow 2.0B CNY FY2025
P/E ratio 25.4
More key figures
Operating margin 57.8%
EPS (TTM) ¥1.50
Dividend yield 0.3%
EPS growth (YoY) +257%
Net debt 1.4B CNY FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 67 · Market factors (momentum, volatility) 47

Profitability 56
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 84
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 20
Disciplined investing over empire-building
Low Volatility 29
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 68
Distance to the 52-week high (market factor)
Net Issuance 97
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Inner Mongolia Xingye Silver & Tin Mining Co., Ltd, together with its subsidiaries, engages in the mining and beneficiation of non-ferrous and precious metals in China, Hong Kong, and Mongolia.

Full company description

Inner Mongolia Xingye Silver & Tin Mining Co., Ltd, together with its subsidiaries, engages in the mining and beneficiation of non-ferrous and precious metals in China, Hong Kong, and Mongolia. The company explores and develops metal minerals, including silver, tin, zinc, lead, iron, copper, antimony, gold, bismuth, tungsten, and other non-ferrous, precious, and black metals. It is also involved in technical services; investment activities; and trading. The company was formerly known as Inner Mongolia Xingye Mining Co., Ltd and changed its name to Inner Mongolia Xingye Silver & Tin Mining Co., Ltd in June 2023. Inner Mongolia Xingye Silver & Tin Mining Co., Ltd was founded in 1991 and is headquartered in Chifeng, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Inner Mongolia Xingye Silver & Tin Mining Co reported revenue of ¥5.6B in FY2025 versus ¥2.0B in FY2021, a compound +29.0%/yr. Reported net income was ¥1.7B in FY2025, compounding +62.2%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
5.6B CNY
Latest YoY
+30.1%
Avg. growth/yr (3Y)
+38.6%
Avg. growth/yr (5Y)
+42.7%
Avg. growth/yr (30Y)
+14.7%
Revenue +29.0%/yr
FY21 ¥2.0B
FY22 ¥2.1B
FY23 ¥3.7B
FY24 ¥4.3B
FY25 ¥5.6B
Net income +62.2%/yr
FY21 ¥246M
FY22 ¥174M
FY23 ¥969M
FY24 ¥1.5B
FY25 ¥1.7B

000426 screens 57% overvalued. Compare with BHP Group →

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Cite: Fair Value Calculator (2026). "Inner Mongolia Xingye Silver & Tin Mining Co Fair Value". https://www.fairvalue-calculator.com/stock/000426

Peer Group

Other Industrial Metals & Mining · 477 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 62 · Top 25%
Fair Value upside −57% · Below median
Return on equity (TTM) 27% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 41% · Top 25%
Operating margin (TTM) 58% · Top 25%
Revenue growth 85% · Top 25%
Dividend yield (TTM) 0.3% · Below median
Debt / equity 0.21× · Higher than median

Valuation Multiples vs Other Industrial Metals & Mining median · lower = cheaper

P/E (TTM) 20.4× · Pricier than median
P/B 5.73× · Pricier than 75% of peers
P/S (TTM) 8.31× · Pricier than median
P/FCF 4.1× · Cheaper than median
EV/EBITDA 14.8× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 100 · sector 23
PAST 100 · sector 0
HEALTH 89 · sector 96
DIVIDEND 7 · sector 23

VALUE 0: the price sits above our fair-value range.

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHPN 1,425 MXN 942.42 MXN -34%
Rio Tinto Group RIO A$164.89 A$81.76 -50%
Grupo México, S.A. GMEXICOB 199.23 MXN 187.72 MXN -6%
Vale S.A VALE $14.19 $9.14 -36%
Saudi Arabian Mining Company 1211 58.05 SAR 33.87 SAR -42%
CMOC Group 603993 ¥18.20 ¥16.15 -11%
Fortescue Ltd FMG A$18.47 A$18.62 +1%
China Tungsten And Hightech Materials Co 000657 ¥74.71 ¥9.55 -87%
Hindustan Zinc Limited HINDZINC ₹521.95 ₹576.80 +11%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥39.56 ¥10.59 -73%

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Frequently asked questions

Is Inner Mongolia Xingye Silver & Tin Mining Co (000426) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of ¥16.05 versus a price of ¥37.58, about −57% (overvalued).
What is the fair value of 000426?
Our model-based fair value for Inner Mongolia Xingye Silver & Tin Mining Co is ¥16.05 (as of Jul 15, 2026), built from audited fundamentals. The current price is ¥37.58.
What is the quality score of 000426?
Inner Mongolia Xingye Silver & Tin Mining Co has a Quality Score of 62/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Inner Mongolia Xingye Silver & Tin Mining Co (000426)?
Inner Mongolia Xingye Silver & Tin Mining Co reported trailing-twelve-month revenue of about 6.5B CNY (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 000426?
The net profit margin of Inner Mongolia Xingye Silver & Tin Mining Co is about 40.8%, meaning it keeps roughly 40.8% of revenue as net income. Based on the latest reported figures.
Does Inner Mongolia Xingye Silver & Tin Mining Co pay a dividend?
Inner Mongolia Xingye Silver & Tin Mining Co currently shows a dividend yield of about 0.28% relative to its recent price (as of Jul 15, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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