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    Other metals/Minerals
Chongyi Zhangyuan Tungsten Co., Ltd. Class A

Chongyi Zhangyuan Tungsten Co., Ltd. Class A

SSZSE:002378
18.54
CNY
+0.17
(+0.93%)
0.15EPS
52.79P/E
9.50BMarket Cap
Oct 27Next Earn
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
1.73
1.93
1.1
1.07
1.34
1.55
1.51
1.6
2.24
2.68
2.83
2.99
- -
3.65
Basic EPS, GAAP
0.1
0.06
-0.13
0.04
0.02
0.04
-0.24
0.03
0.14
0.17
0.12
0.14
- -
0.15
Free Cash Flow per Basic Share
0.01
- -
- -
0.01
-0.27
0.07
-0.03
0.39
-0.05
-0.01
0.07
0.11
- -
- -
Dividend per Share
0.14
0.1
0.03
0.03
0.05
0.06
0.07
0.06
0.06
0.14
0.15
0.12
- -
0.14
Book Value per Share
1.28
1.72
1.59
1.62
1.63
1.66
1.4
1.4
1.56
1.67
1.7
1.77
- -
1.8
Tangible Book Value per Share
1.18
1.61
1.47
1.48
1.48
1.49
1.25
1.25
1.42
1.53
1.58
1.66
- -
1.69
Basic Weighted Avg Shares
1,128
1,058
1,222
1,225
1,361
1,203
1,210
1,208
1,192
1,196
1,200
1,229
1,210
1,167
Sales/Revenue/Turnover
1,952
2,039
1,344
1,311
1,831
1,869
1,828
1,931
2,664
3,203
3,400
3,673
- -
4,259
Operating Margin (%)
12.42
9.68
-4.42
3.4
10.15
9.78
-2.71
8.03
9.11
9.52
8.34
8.99
- -
7.78
Depreciation Expense
119
128
136
137
152
161
182
205
221
230
217
211
- -
- -
Net Income, GAAP
108
65
-160
47
31
46
-288
37
165
203
144
172
- -
175
Effective Tax Rate (%)
24.65
32.5
- -
22.83
46.92
37.19
- -
- -
10.92
8.67
16.77
15.18
- -
14.73
Profit Margin (%)
5.55
3.19
-11.89
3.59
1.72
2.48
-15.78
1.92
6.19
6.35
4.23
4.68
- -
4.11
Working Capital
154
634
457
158
95
551
424
242
294
744
604
786
- -
518
LT Debt
250
156
310
3
5
7
437
302
275
708
520
777
- -
479
Total Equity
1,423
2,067
1,906
1,951
1,967
2,001
1,691
1,692
1,879
2,006
2,043
2,135
- -
2,167
Return on Invested Capital (%)
4.5
2.21
- -
0.15
1.16
1.48
- -
- -
5.64
6.31
3.88
4.65
- -
4.57
Return on Capital (%)
4.6
2.52
- -
1.92
1.2
1.63
- -
- -
7.67
7.89
5.38
5.98
- -
5.76
Return on Common Equity (%)
7.69
3.73
-8.05
2.44
1.61
2.34
-15.69
2.21
9.27
10.49
7.13
8.26
- -
8.25

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,052
1,217
1,457
LT Borrowings
774
748
470
LT Finance Leases
3
12
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,201
1,201
1,201
Market Capitalization
7,773
8,110
9,503

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
2,711
2,609
2,984
Cash, Cash Equivalents & STI
494
353
399
Accounts Receivable, Net
378
780
826
Inventories
1,435
1,262
1,533
Total Current Liabilities
1,926
1,829
2,466
Payables & Accruals
- -
- -
- -
ST Debt
1,052
1,217
1,457
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
874
940
1,009
850
3,673
2025
1,186
1,213
- -
- -
- -
2026
2,631
3,217
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.07
0.03
0.02
0.14
2025
0.04
0.06
- -
- -
- -
2026
0.32
0.25
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.08
0.01
0.01
0.12
2025
0.02
0.09
- -
- -
- -
2026
0.02
0.14
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Shi Chun Huang
Full Time Employees
3,990
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Chongyi County Ganzhou JX China 341300
IPO Date
Apr 1, 2010
Website
zy-tungsten.com
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Business
Chongyi Zhangyuan Tungsten Co., Ltd. (002378.SZ) engages in the exploration, mining, beneficiation, smelting, deep processing, and trading of tungsten and other metal minerals, operating primarily from Ganzhou in Jiangxi Province, China, the global tungsten capital; founded in 1990, the company produces core products including tungsten concentrate, ammonium paratungstate (APT), tungsten oxide, tungsten powder, tungsten carbide powder, cemented carbide items such as ball teeth, blades, cold heading dies, drill bits, brazing blades, and thermal spray powders. It maintains significant annual capacities of approximately 10,000 tons of APT, 5,000 tons of tungsten powder, 4,000 tons of tungsten carbide powder, and 1,500 tons of cemented carbide products, serving domestic and international markets across industries like mining tools, mechanical engineering, and wear-resistant applications. The company owns multiple tungsten mines and processing plants in Jiangxi, with a workforce exceeding 2,000 employees. In recent developments, Chongyi Zhangyuan has adjusted long-term contract prices upward for tungsten products amid rising market demand and material costs, including increases for black tungsten concentrate and cemented carbide items in early 2025; it acquired mining rights to the Huangzhulong tungsten deposit in Jiangxi Province to expand resource access, and continues to emphasize value-added processing over raw material exports as stated by its vice president at the ITIA 2025 conference.