ZANGGE MINING COMPANY (000408) Stock Price, Fundamentals & Analysis

What 000408 does

ZANGGE MINING COMPANY (000408) is a stock listed on the Shenzhen Stock Exchange in the Basic Materials sector, Chemicals industry. The company researches, develops, manufactures, and sells potassium chloride and lithium carbonate in China and internationally, and is also involved in mineral product development, investment activities, trade, R&D of lithium extraction technology, and import and export of goods. In addition, it engages in the mining of copper, silver, and molybdenum deposits. It is part of the Shenzhen Stock Exchange stocks universe and operates in a segment where peers include Guangzhou Tinci Materials Technology (002709) and Qinghai Salt Lake Potash (000792).

Key numbers explained

• 71,46 CNY is the current price, reflecting what investors pay for one share right now.
• -3,24% is today’s price change, showing the intraday move relative to the previous close.
• The trailing P/E ratio of 20,3 divides the current price by the last 12 months of earnings per share (3,52 CNY); a higher P/E can mean the market expects faster growth.
• The forward P/E ratio of 35 uses expected future earnings, often higher than the trailing P/E when growth is anticipated.
• The dividend yield of 4,9% shows the annual dividend as a percentage of the current price; the ex-dividend date is 4 sept. 2026, and 69% of earnings are paid out as dividends.
• Beta of 0,79 suggests the stock has historically moved less than the overall market.
• The 52-week range of 53,1 – 97,28 shows the lowest and highest prices in the past year, with the current price closer to the midpoint.
• 112,11 mld. CNY is the market capitalization, the total value of all outstanding shares.

What to watch

• Commodity prices for potassium chloride and lithium carbonate, which can affect revenue and margins.
• Operating and profit margins, with the trailing 12-month operating margin at 54,8% and profit margin at 143,6%, reflecting strong cost control and possible one-time gains.
• Revenue growth of 19,8% year over year on 3,96 mld. CNY in trailing 12-month revenue.
• Capital structure, with a debt-to-equity ratio of 1,4 and price-to-book of 6,5, which can indicate how the market values assets relative to book value.
• Peer comparisons with companies like SATELLITE CHEMICAL (002648) and LB Group (002601) for context on sector valuation and growth.