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Jiangxi Copper Company (0358) Fair Value & Analysis

Basic Materials · HK · Market cap HK$107B

JC Jiangxi Copper Company 0358 · HK
PriceHK$36.46
Fair ValueHK$41.13
Upside+12.8%
Quality51/100
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Expensive Growth
Thin margins · 1.4% net margin
Low debt · negative free cash flow
3.15% dividend yield
Ranks above peers (10/14)
Narrow moat 30/100
Evidence: Medium Range HK$25.71 – HK$51.41 Share as image

Fair value as of: Aug 13, 2026

From 17 valuation models · updated today

Fair value updated Aug 13, 2026, revised from HK$102.32 to HK$41.13 (−59.8%) since Aug 12, 2026. Share price +13.3% over the past month.

A solid business, screening 13% undervalued on our models.

What matters now

  • A fairly wide model range (HK$25.71 to HK$51.41) leaves room in how you read the outcome.
  • Our model range runs from HK$25.71 (bear) to HK$51.41 (bull), base HK$41.13. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 51/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

HK$51.68 HK$7.21 Fair Value HK$41.13 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$7.21 – HK$51.68 · fair‑value band HK$25.71 – HK$51.41 · the HK$36.46 price screens below the HK$41.13 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Jiangxi Copper Company (0358) currently trades at HK$36.46, while our model-based Fair Value estimate is HK$41.13, implying the stock looks roughly 12.8% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Jiangxi Copper Company generated revenue of HK$573B at a net margin of 1.4%. Revenue grew 25.4% year over year. It earns a return on equity of 9.2%. Net debt stands at HK$46.0B. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$25.71 (bear case) to HK$51.41 (bull case); at HK$36.46, the current price sits within 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 31% 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 -55% fair-value upside, at 13%, 0358 screens cheaper 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 Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income HK$20.26 HK$22.05 HK$27.46 76
ROIC Compounder HK$51.94 HK$69.85 HK$94.21 72
Gordon GGM HK$16.28 HK$33.85 HK$53.71 70
All 17 models by family
DCF Models
Owner Earnings HK$31.07 HK$55.02 HK$100.06 31
Earnings-Based
Graham-Dodd HK$14.15 HK$79.05 HK$109.77 54
Lynch FV HK$22.11 HK$31.58 HK$41.05 50
PEG = 1.0 HK$22.11 HK$31.58 HK$41.05 46
EPV HK$44.83 HK$51.17 HK$56.71 59
Dividend Discount
Gordon GGM HK$16.28 HK$33.85 HK$53.71 70
DDM Multi-Stage HK$16.28 HK$28.55 HK$35.53 61
Multiples
P/E Multiple HK$26.52 HK$35.37 HK$44.21 63
P/S Multiple HK$26.52 HK$35.37 HK$44.21 58
P/B Multiple HK$26.52 HK$35.37 HK$44.21 55
EV/EBIT HK$56.69 HK$73.31 HK$89.93 53
EV/EBITDA HK$49.83 HK$64.16 HK$78.49 54
EV/Revenue HK$50.04 HK$68.56 HK$87.08 43
Asset-Based
NCAV (Graham) HK$11.78 HK$15.78 HK$23.55 50
Economic Profit
Residual Income HK$20.26 HK$22.05 HK$27.46 76
ROIC Compounder HK$51.94 HK$69.85 HK$94.21 72
Growth Earnings
Growth-Adj P/E HK$30.15 HK$43.07 HK$56.00 68

Widest divergence: DCF Models (HK$55.02) versus Asset-Based (HK$15.78). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) HK$573B
Revenue growth (YoY) +25.4%
Net margin 1.4%
Return on equity 9.2%
Free cash flow −HK$11.5B FY2025
P/E ratio 11.6 as of Jul 1, 2026
More key figures
Operating margin 3.9%
EPS (TTM) HK$1.17
Dividend yield 3.2%
EPS growth (YoY) +43.9%
Net debt HK$46.0B FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 51 · Market factors (momentum, volatility) 48

Profitability 42
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 18
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 79
Distance to the 52-week high (market factor)
Net Issuance 83
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

Jiangxi Copper Company Limited, together with its subsidiaries, engages in mining, beneficiation, smelting, and processing of copper and gold in Chinese Mainland, China, Hong Kong, and internationally. It operates through two segments, Copper-related Industries and Gold-related Industries.

Full company description

Jiangxi Copper Company Limited, together with its subsidiaries, engages in mining, beneficiation, smelting, and processing of copper and gold in Chinese Mainland, China, Hong Kong, and internationally. It operates through two segments, Copper-related Industries and Gold-related Industries. The company is involved in the businesses of copper, gold, lead and zinc, trade, finance, new materials, engineering construction, equipment manufacturing, information technology, energy conservation and environment protection. It also engages in the extraction and processing of precious metals and scattered metals; smelting, rolling processing, and deep processing of non-ferrous metals and related by-products; research, development, production, and sales of copper materials; manufacture and sales of wires and cables, and trade of related products business. The company was founded in 1979 and is headquartered in Guixi, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jiangxi Copper Company reported revenue of HK$529B in FY2025 versus HK$443B in FY2021, a compound +4.5%/yr. Reported net income was HK$7.2B in FY2025, compounding +6.2%/yr from FY2021.

Growth Quality 50/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
HK$529B
Latest YoY
+1.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.7%
Avg. growth/yr (27Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+21.9%
Revenue +4.5%/yr
FY21 HK$443B
FY22 HK$480B
FY23 HK$522B
FY24 HK$521B
FY25 HK$529B
Net income +6.2%/yr
FY21 HK$5.6B
FY22 HK$6.0B
FY23 HK$6.5B
FY24 HK$7.0B
FY25 HK$7.2B
Character of growth · EPS growth decomposed (2014-2025) +19.2 % p.a.
Revenue per share +11.6 pp

of which total revenue +11.6 pp · buybacks/dilution +0.1 pp

EBIT margin +7.1 pp
Tax rate +2.6 pp
Residual (interest, one-offs) −2.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Jiangxi Copper Company Fair Value". https://www.fairvalue-calculator.com/stock/0358

Peer Group

Copper · 59 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 51 · Above median
Fair Value upside +13% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 5% · Above median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 4% · Below median
Revenue growth 25% · Below median
Dividend yield (TTM) 3.2% · Top 25%
Debt / equity 0.12× · Lower than median

Valuation Multiples vs Copper median · lower = cheaper

P/E (TTM) 11.6× · Cheaper than 75% of peers
P/B 1.32× · Cheaper than median
P/S (TTM) 0.19× · Cheaper than 75% of peers
EV/EBITDA 3.8× · Cheaper than 75% of peers
PEG 1.58× · 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 50 · sector 0
FUTURE 100 · sector 100
PAST 37 · sector 26
HEALTH 94 · sector 93
DIVIDEND 63 · sector 20

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 Copper stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Southern Copper Corporation SCCO $194.89 $85.17 -56%
Freeport-McMoRan Inc FCX $69.22 $22.81 -67%
Lundin Mining Corporation LUN C$36.91 C$18.67 -49%
Tongling Nonferrous Metals Group 000630 ¥6.63 ¥3.06 -54%
Hudbay Minerals Inc HBM C$38.79 C$21.25 -45%
Zhejiang Hailiang Co 002203 ¥19.38 ¥6.39 -67%
Capstone Copper Corp CSC A$15.85 A$7.28 -54%
Yunnan Copper Co 000878 ¥16.68 ¥7.46 -55%
Sandfire Resources Limited SFR A$21.57 A$3.39 -84%
China Nonferrous Mining Corporation 1258 HK$15.14 HK$1.76 -88%

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Frequently asked questions

Is Jiangxi Copper Company (0358) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$41.13 versus a price of HK$36.46, about +13% (undervalued).
What is the fair value of 0358?
Our model-based fair value for Jiangxi Copper Company is HK$41.13 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$36.46.
What is the quality score of 0358?
Jiangxi Copper Company has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Jiangxi Copper Company (0358)?
Jiangxi Copper Company reported trailing-twelve-month revenue of about HK$573B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 0358?
The net profit margin of Jiangxi Copper Company is about 1.4%, meaning it keeps roughly 1.4% of revenue as net income. Based on the latest reported figures.
Does Jiangxi Copper Company pay a dividend?
Jiangxi Copper Company currently shows a dividend yield of about 3.15% relative to its recent price (as of Aug 13, 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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