North Copper Co., Ltd. Class A

North Copper Co., Ltd. Class A

SSZSE:000737
11.65
CNY
+0.15
(+1.30%)
0.85EPS
15.60P/E
25.18BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5
4.59
3.92
3.89
3.41
3.33
2.21
5.04
5.89
6.02
5.31
13.61
14.65
18.7
Basic EPS, GAAP
-0.24
0.06
-0.4
0.04
-0.77
0.49
-0.09
0.37
0.49
0.31
0.35
0.35
0.42
0.85
Free Cash Flow per Basic Share
-0.56
0.15
0.49
0.06
-0.31
-0.48
-0.02
0.58
- -
0.52
-1.62
-0.37
0.59
- -
Dividend per Share
0.24
0.25
0.15
0.12
0.13
0.16
0.1
0.28
0.14
0.1
0.14
0.26
0.25
0.13
Book Value per Share
0.62
0.67
0.27
0.31
-0.46
0.78
0.71
5.62
2.42
2.58
2.77
3.52
3.56
4.15
Tangible Book Value per Share
-0.01
0.04
-0.34
-0.28
-1.02
0.39
0.34
5.42
2.31
2.35
2.55
3.28
3.31
3.8
Basic Weighted Avg Shares
549
548
549
548
549
549
549
1,691
1,691
1,772
1,770
1,771
1,905
1,905
Sales/Revenue/Turnover
2,746
2,519
2,152
2,135
1,873
1,827
1,215
8,528
9,965
10,677
9,395
24,107
27,916
35,610
Operating Margin (%)
1.1
-3.86
-7.13
-0.11
-15.01
-4.27
2.54
11.18
13.7
8.85
10.82
5.09
8.16
10.51
Depreciation Expense
135
151
123
116
114
101
65
284
308
276
300
462
515
- -
Net Income, GAAP
-131
32
-221
21
-421
267
-49
619
837
555
621
613
791
1,613
Effective Tax Rate (%)
- -
11.15
- -
38.55
- -
8.18
- -
21.21
23.46
21.49
24.75
19.55
22.92
24.56
Profit Margin (%)
-4.77
1.28
-10.25
0.98
-22.46
14.62
-4
7.25
8.4
5.2
6.61
2.54
2.83
4.53
Working Capital
-1,162
-1,069
-1,089
-881
-1,222
-188
-403
1,409
1,429
1,734
1,807
3,176
2,202
1,984
LT Debt
214
- -
216
213
300
113
18
2,461
1,783
2,898
5,233
5,820
4,472
3,481
Total Equity
295
344
121
140
-291
444
398
3,097
4,099
4,579
4,916
6,232
6,789
7,903
Return on Invested Capital (%)
- -
-0.17
- -
1.18
- -
27.81
- -
12.91
9.77
6.48
5.66
4.31
5.09
9.5
Return on Capital (%)
- -
7.82
- -
6.34
- -
32.78
- -
13.29
11.59
7.76
6.89
6.04
6.44
10.83
Return on Common Equity (%)
-32.03
9.08
-85.41
13.18
- -
- -
-11.87
35.61
23.29
12.78
13.09
10.99
12.14
22.2

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4,484
7,342
6,263
LT Borrowings
4,419
3,719
3,334
LT Finance Leases
54
54
147
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,905
1,905
1,905
Market Capitalization
29,314
25,314
25,180

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,011
11,652
11,373
Cash, Cash Equivalents & STI
897
590
1,127
Accounts Receivable, Net
30
90
61
Inventories
7,308
9,677
8,383
Total Current Liabilities
6,809
9,564
9,389
Payables & Accruals
- -
- -
- -
ST Debt
4,484
7,342
6,263
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.04%
17.42%
8.93%
Free Cash Flow
-5,838.33%
-9,970.27%
-272.86%
Net Income, GAAP
-383.19%
8.24%
29.01%
Sales/Revenue/Turnover
73.74%
36.88%
15.8%
Total Cash Common Dividend
79.04%
10.56%
1.06%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,534
6,911
5,754
5,931
24,107
2025
6,838
5,973
- -
7,943
27,916
2026
10,044
11,650
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.13
0.05
0.03
0.35
2025
0.19
0.06
- -
0.05
0.42
2026
0.32
0.41
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.13
0.05
0.04
0.26
2025
0.03
0.03
- -
0.03
0.25
2026
0.03
0.03
- -
- -
- -

Company Description

CEO
Wei Dong Jiang
Full Time Employees
7,188
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Dongfeng Mountain Yuncheng SX China 043700
IPO Date
Apr 28, 1997
Website
nafine.com
Business
North Copper Co., Ltd. operates extensively in China, primarily focusing on the entire lifecycle of copper metal, from extraction to distribution. Its core activities encompass the mining, beneficiation, smelting, and rolling processing of copper, alongside sales of the refined material. The company's diverse product portfolio features essential items such as cathode copper, various copper alloy strips, and rolled copper foil. Additionally, it produces precious metals like gold and silver ingots, with sulfuric acid generated as a valuable by-product. These materials serve a broad spectrum of industries, including electrical applications, light manufacturing, heavy machinery, construction, and national defense. The company also supplies to sectors such as power generation, home appliances, foundries, and the processing of gold and silver for jewelry. Engaging in both domestic and international markets, the company distributes its products to numerous countries globally. Originally established in 1996, the enterprise was previously known as Nafine Chemical Industry Group Co., Ltd., then North Copper (Shanxi) Co., Ltd., before adopting its current name in September 2022. North Copper Co., Ltd. is headquartered in Yuncheng, China.