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Guangxi Huaxi Nonferrous Metal Co (600301) Fair Value & Analysis

Basic Materials · CN · Market cap 31.9B CNY

GH Guangxi Huaxi Nonferrous Metal Co 600301 · SHG
Price¥50.44
Fair Value¥21.52
Upside-57.3%
Quality62/100
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Healthy Growth
Solidly profitable · 14.5% net margin
Low debt · generates free cash flow
0.80% dividend yield
Mixed vs. peers (6/14)
Wide moat 78/100
Evidence: Medium Range ¥16.14 – ¥41.77 Share as image

Fair value as of: Aug 8, 2026

From 26 valuation models · updated yesterday

Share price −0.8% 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 (¥41.77). 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 (¥16.14 to ¥41.77) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥71.40 ¥6.17 Fair Value ¥21.52 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 8, 2026.

How to read this chart

60‑month range ¥6.17 – ¥71.40 · fair‑value band ¥16.14 – ¥41.77 · the ¥50.44 price screens above the ¥21.52 fair value. Dashed = 300-day average. As of Aug 8, 2026.

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Analysis

Guangxi Huaxi Nonferrous Metal Co (600301) currently trades at ¥50.44, while our model-based Fair Value estimate is ¥21.52, implying the stock looks roughly 57.3% overvalued today. The Quality Score stands 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, Guangxi Huaxi Nonferrous Metal Co generated revenue of 5.7B CNY at a net margin of 14.5%. Revenue declined 7.0% year over year. It earns a return on equity of 24.3%. Net debt stands at 49.3M CNY. Fundamentals as of Aug 8, 2026

Our scenario range runs from ¥16.14 (bear case) to ¥41.77 (bull case); at ¥50.44, 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 35% below its 52-week high and 170% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at -57%, 600301 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 ¥34.78 ¥62.82 ¥119.49 80
Residual Income ¥8.46 ¥11.71 ¥47.55 76
Rev-Margin DCF ¥25.60 ¥45.04 ¥83.09 74
All 26 models by family
DCF Models
FCF DCF ¥36.84 ¥56.71 ¥120.01 38
Owner Earnings ¥24.86 ¥53.79 ¥114.52 31
5Y Revenue Exit ¥24.66 ¥39.63 ¥70.83 39
5Y EBITDA Exit ¥33.07 ¥56.64 ¥102.85 41
5Y P/E Exit ¥26.01 ¥52.00 ¥86.85 38
10Y Revenue Exit ¥27.87 ¥55.19 ¥71.50 36
10Y EBITDA Exit ¥34.74 ¥73.31 ¥140.10 37
10Y P/E Exit ¥29.59 ¥58.10 ¥103.62 35
Earnings-Based
Graham-Dodd ¥8.61 ¥60.03 ¥84.25 54
Lynch FV ¥25.31 ¥36.15 ¥47.00 50
PEG = 1.0 ¥25.31 ¥36.15 ¥47.00 46
EPV ¥22.97 ¥26.43 ¥29.46 59
Dividend Discount
Gordon GGM ¥0.8700 ¥1.82 ¥2.88 70
DDM Multi-Stage ¥0.8700 ¥1.53 ¥1.91 61
Multiples
P/E Multiple ¥18.99 ¥25.32 ¥31.65 63
P/S Multiple ¥16.14 ¥21.52 ¥26.90 58
P/B Multiple ¥16.14 ¥21.52 ¥26.90 55
EV/EBIT ¥35.58 ¥46.71 ¥57.84 53
EV/EBITDA ¥30.52 ¥39.96 ¥49.41 54
EV/Revenue ¥18.23 ¥25.11 ¥31.99 43
Asset-Based
NCAV (Graham) ¥3.80 ¥5.09 ¥7.59 50
Growth DCF
Growth DCF ¥34.78 ¥62.82 ¥119.49 80
Rev-Margin DCF ¥25.60 ¥45.04 ¥83.09 74
Economic Profit
Residual Income ¥8.46 ¥11.71 ¥47.55 76
ROIC Compounder ¥28.68 ¥40.63 ¥57.01 72
Growth Earnings
Growth-Adj P/E ¥30.88 ¥44.11 ¥57.35 68

Widest divergence: DCF Models (¥55.19) versus Dividend Discount (¥1.53). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 5.7B CNY
Revenue growth (YoY) -7.0%
Net margin 14.5%
Return on equity 24.3%
Free cash flow 1.3B CNY FY2025
P/E ratio 38.5
More key figures
Operating margin 28.5%
EPS (TTM) ¥1.31
Dividend yield 0.8%
EPS growth (YoY) +18.5%
Net debt 49.3M CNY FY2024

Figures from reported company fundamentals · as of Aug 8, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 66 · Market factors (momentum, volatility) 50

Profitability 54
Margins and returns on capital today
Quality Growth 67
Are margins and returns improving?
Cashflow 89
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 32
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 75
Distance to the 52-week high (market factor)
Net Issuance 40
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

Guangxi Huaxi Nonferrous Metal Co.,Ltd engages in the exploration, mining, beneficiation, and engineering supervision of non-ferrous metals in China. It offers tin, zinc, lead, and antimony concentrates, as well as tin ingots, zinc ingots, and steel ingots. The company was formerly known as Nanning Chemical Industry Co., Ltd.

Full company description

Guangxi Huaxi Nonferrous Metal Co.,Ltd engages in the exploration, mining, beneficiation, and engineering supervision of non-ferrous metals in China. It offers tin, zinc, lead, and antimony concentrates, as well as tin ingots, zinc ingots, and steel ingots. The company was formerly known as Nanning Chemical Industry Co., Ltd. Guangxi Huaxi Nonferrous Metal Co.,Ltd was founded in 1952 and is based in Nanning, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Guangxi Huaxi Nonferrous Metal Co reported revenue of ¥5.8B in FY2025 versus ¥394M in FY2021, a compound +95.9%/yr. Reported net income was ¥801M in FY2025, compounding +96.5%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
5.8B CNY
Latest YoY
+25.3%
Avg. growth/yr (3Y)
+28.0%
Avg. growth/yr (5Y)
+45.1%
Avg. growth/yr (30Y)
+9.8%
Revenue +95.9%/yr
FY21 ¥394M
FY22 ¥2.8B
FY23 ¥3.2B
FY24 ¥4.6B
FY25 ¥5.8B
Net income +96.5%/yr
FY21 ¥53.7M
FY22 ¥219M
FY23 ¥350M
FY24 ¥658M
FY25 ¥801M

600301 screens 57% overvalued. Compare with BHP Group →

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Cite: Fair Value Calculator (2026). "Guangxi Huaxi Nonferrous Metal Co Fair Value". https://www.fairvalue-calculator.com/stock/600301

Peer Group

Other Industrial Metals & Mining · 475 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) 24% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 28% · Top 25%
Revenue growth -7% · Below median
Dividend yield (TTM) 0.8% · Below median
Debt / equity 0.17× · Higher than median

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

P/E (TTM) 38.5× · Pricier than 75% of peers
P/B 6.64× · Pricier than 75% of peers
P/S (TTM) 5.58× · Pricier than median
P/FCF 3.6× · Cheaper than median
EV/EBITDA 16.8× · Pricier than 75% of peers

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 0 · sector 23
PAST 97 · sector 0
HEALTH 92 · sector 96
DIVIDEND 16 · sector 21

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

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 Aug 8, 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 Guangxi Huaxi Nonferrous Metal Co (600301) overvalued or undervalued?
As of Aug 8, 2026, our model estimates a fair value of ¥21.52 versus a price of ¥50.44, about −57% (overvalued).
What is the fair value of 600301?
Our model-based fair value for Guangxi Huaxi Nonferrous Metal Co is ¥21.52 (as of Aug 8, 2026), built from audited fundamentals. The current price is ¥50.44.
What is the quality score of 600301?
Guangxi Huaxi Nonferrous Metal 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 Guangxi Huaxi Nonferrous Metal Co (600301)?
Guangxi Huaxi Nonferrous Metal Co reported trailing-twelve-month revenue of about 5.7B CNY (latest available figure, as of Aug 8, 2026).
What is the net profit margin of 600301?
The net profit margin of Guangxi Huaxi Nonferrous Metal Co is about 14.5%, meaning it keeps roughly 14.5% of revenue as net income. Based on the latest reported figures.
Does Guangxi Huaxi Nonferrous Metal Co pay a dividend?
Guangxi Huaxi Nonferrous Metal Co currently shows a dividend yield of about 0.80% relative to its recent price (as of Aug 8, 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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