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Jinduicheng Molybdenum Co (601958) Fair Value & Analysis

Basic Materials · CN · Market cap 90.6B CNY

JM Jinduicheng Molybdenum Co 601958 · SHG
Price¥22.87
Fair Value¥13.10
Upside-42.7%
Quality68/100
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Mixed Growth
Highly profitable · 23.0% net margin
Low debt · generates free cash flow
1.57% dividend yield
Mixed vs. peers (8/14)
Wide moat 76/100
Evidence: Medium Range ¥8.73 – ¥19.09 Share as image

Fair value as of: Jul 11, 2026

From 26 valuation models · updated 27 days ago

Share price −2.5% over the past month.

A solid business, but screening 43% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥19.09). The favourable scenario is already priced in.
  • Solid but not exceptional quality (68/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (¥8.73 to ¥19.09) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥30.47 ¥4.93 Fair Value ¥13.10 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range ¥4.93 – ¥30.47 · fair‑value band ¥8.73 – ¥19.09 · the ¥22.87 price screens above the ¥13.10 fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Jinduicheng Molybdenum Co (601958) currently trades at ¥22.87, while our model-based Fair Value estimate is ¥13.10, implying the stock looks roughly 42.7% overvalued today. We read business quality at 68/100 (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, Jinduicheng Molybdenum Co generated revenue of 14.7B CNY at a net margin of 23.0%. Revenue grew 26.7% year over year. It earns a return on equity of 18.8%. The balance sheet holds a net cash position of 5.6B CNY. Fundamentals as of Jul 11, 2026

Our scenario range runs from ¥8.73 (bear case) to ¥19.09 (bull case); at ¥22.87, 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 19% below its 52-week high and 116% 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 -43%, 601958 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 ¥6.89 ¥9.15 ¥12.32 80
Residual Income ¥6.49 ¥8.36 ¥23.12 76
Rev-Margin DCF ¥8.28 ¥12.33 ¥16.84 74
All 26 models by family
DCF Models
FCF DCF ¥6.78 ¥9.28 ¥13.00 38
Owner Earnings ¥14.02 ¥20.22 ¥29.42 31
5Y Revenue Exit ¥8.28 ¥12.35 ¥17.51 39
5Y EBITDA Exit ¥11.74 ¥18.70 ¥26.73 41
5Y P/E Exit ¥12.08 ¥19.31 ¥26.80 38
10Y Revenue Exit ¥7.46 ¥11.02 ¥15.72 36
10Y EBITDA Exit ¥9.87 ¥15.38 ¥22.63 37
10Y P/E Exit ¥10.09 ¥15.81 ¥22.68 35
Earnings-Based
Graham-Dodd ¥6.72 ¥18.84 ¥24.78 54
Lynch FV ¥3.80 ¥5.43 ¥7.06 50
PEG = 1.0 ¥3.80 ¥5.43 ¥7.06 46
EPV ¥11.32 ¥12.89 ¥14.26 59
Dividend Discount
Gordon GGM ¥3.66 ¥7.61 ¥12.08 70
DDM Multi-Stage ¥3.66 ¥5.79 ¥7.99 61
Multiples
P/E Multiple ¥14.82 ¥19.76 ¥24.70 63
P/S Multiple ¥8.17 ¥10.89 ¥13.61 58
P/B Multiple ¥12.60 ¥16.80 ¥21.00 55
EV/EBIT ¥19.28 ¥25.08 ¥30.89 53
EV/EBITDA ¥16.11 ¥20.85 ¥25.60 54
EV/Revenue ¥9.50 ¥12.77 ¥16.04 43
Asset-Based
NCAV (Graham) ¥2.99 ¥4.00 ¥5.97 50
Growth DCF
Growth DCF ¥6.89 ¥9.15 ¥12.32 80
Rev-Margin DCF ¥8.28 ¥12.33 ¥16.84 74
Economic Profit
Residual Income ¥6.49 ¥8.36 ¥23.12 76
ROIC Compounder ¥11.87 ¥14.30 ¥17.00 72
Growth Earnings
Growth-Adj P/E ¥11.89 ¥16.99 ¥22.08 68

Widest divergence: Growth Earnings (¥16.99) versus Asset-Based (¥4.00). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 14.7B CNY
Revenue growth (YoY) +26.7%
Net margin 23.0%
Return on equity 18.8%
Free cash flow 1.4B CNY FY2025
P/E ratio 26.7
More key figures
Operating margin 27.6%
EPS (TTM) ¥1.05
Dividend yield 1.6%
EPS growth (YoY) +32.9%
Net cash 5.6B CNY FY2024

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 68/100

Of which business quality 65 · Market factors (momentum, volatility) 70

Profitability 62
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 47
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 33
Calm price path (market factor)
Momentum 85
Price trend over the last 3–12 months (market factor)
52W Momentum 85
Distance to the 52-week high (market factor)
Net Issuance 86
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

Jinduicheng Molybdenum Co., Ltd. provides molybdenum in China and internationally. It operates through Molybdenum Ore Products and Metal Trading Products segments.

Full company description

Jinduicheng Molybdenum Co., Ltd. provides molybdenum in China and internationally. It operates through Molybdenum Ore Products and Metal Trading Products segments. The company offers molybdenum furnace charge products comprising molybdenum concentrate, roasted molybdenum concentrate (powder and lumps), and ferromolybdenum; molybdenum chemical products, such as ammonium molybdate, high-purity, sodium molybdate, and industrial sodium. It also provides molybdenum metal products comprising molybdenum stirrers, irregularly shaped, MAL high-, welding molybdenum, drilling molybdenum, molybdenum target, and large molybdenum; and sulfuric acid, iron concentrates, and sulfur concentrates. The company's products are used in steel milling, petrochemical, mechanical manufacturing, aerospace, electronics, and lighting applications, etc. In addition, it engages in molybdenum mining, smelting, and deep processing; commodity trading; chemical and metal processing; tungsten processing; and production and sale of chemical and non-ferrous products. The company was incorporated in 2007 and is headquartered in Xi'an, China. Jinduicheng Molybdenum Co., Ltd. operates as a subsidiary of Jinduicheng Molybdenum Group Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jinduicheng Molybdenum Co reported revenue of ¥14.1B in FY2025 versus ¥8.0B in FY2021, a compound +15.2%/yr. Reported net income was ¥3.2B in FY2025, compounding +59.3%/yr from FY2021.

Growth Quality 89/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
14.1B CNY
Latest YoY
+3.6%
Avg. growth/yr (3Y)
+13.8%
Avg. growth/yr (5Y)
+13.2%
Avg. growth/yr (21Y)
+6.8%
Revenue +15.2%/yr
FY21 ¥8.0B
FY22 ¥9.5B
FY23 ¥11.5B
FY24 ¥13.6B
FY25 ¥14.1B
Net income +59.3%/yr
FY21 ¥495M
FY22 ¥1.3B
FY23 ¥3.1B
FY24 ¥3.0B
FY25 ¥3.2B

601958 screens 43% overvalued. Compare with BHP Group →

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Cite: Fair Value Calculator (2026). "Jinduicheng Molybdenum Co Fair Value". https://www.fairvalue-calculator.com/stock/601958

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 68 · Top 25%
Fair Value upside −43% · Below median
Return on equity (TTM) 19% · Top 25%
Return on assets 12% · Top 25%
Net margin (TTM) 23% · Top 25%
Operating margin (TTM) 28% · Top 25%
Revenue growth 27% · Above median
Dividend yield (TTM) 1.6% · Above median
Debt / equity 0.03× · Lower than median

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

P/E (TTM) 26.7× · Pricier than median
P/B 4.70× · Pricier than 75% of peers
P/S (TTM) 6.16× · Pricier than median
P/FCF 9.4× · Pricier than median
EV/EBITDA 17.9× · 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 100 · sector 23
PAST 75 · sector 0
HEALTH 99 · sector 96
DIVIDEND 31 · sector 23

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 Jul 11, 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 Jinduicheng Molybdenum Co (601958) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of ¥13.10 versus a price of ¥22.87, about −43% (overvalued).
What is the fair value of 601958?
Our model-based fair value for Jinduicheng Molybdenum Co is ¥13.10 (as of Jul 11, 2026), built from audited fundamentals. The current price is ¥22.87.
What is the quality score of 601958?
Jinduicheng Molybdenum Co has a Quality Score of 68/100. 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 Jinduicheng Molybdenum Co (601958)?
Jinduicheng Molybdenum Co reported trailing-twelve-month revenue of about 14.7B CNY (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 601958?
The net profit margin of Jinduicheng Molybdenum Co is about 23.0%, meaning it keeps roughly 23.0% of revenue as net income. Based on the latest reported figures.
Does Jinduicheng Molybdenum Co pay a dividend?
Jinduicheng Molybdenum Co currently shows a dividend yield of about 1.57% relative to its recent price (as of Jul 11, 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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