000657.SZ
000657.SZ
CNE0000006M4
CHINA TUNGSTEN HIG
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Company Profile

China Tungsten And Hightech Materials Co.,Ltd researches, develops, produces, sells, and trades in nonferrous metals in China and internationally. The company's products include cutting tools and instruments, including solid cutting tools, CNC cutting tools, cutting CNC and traditional blades, and it tools; other cemented carbides, including bars, mining alloys, rolls, top hammers, special-shaped parts, precision parts, traditional alloys, drilling tools, and finished tools; refractory metals, such as tungsten-molybdenum products, tantalum-niobium products, hard facing materials, cast tungsten carbide, thermal spray products, and tungsten wire. It also offers concentrates and powder products, including tungsten, fluorite, molybdenum, and bismuth concentrate; tungsten carbide powder; blue and yellow tungsten; mixtures; and cobalt powder, as well as trade and equipment business. The company's products are used in traditional industrial fields, such as automobile manufacturing, rail transportation, shipbuilding, marine engineering equipment, military industry, mining, tunneling, mechanical processing, steel metallurgy, etc., and in high-end fields, such as aerospace, new energy, artificial intelligence, semiconductors, and electronic information. The company was formerly known as Hainan Jinhai Co., Ltd. and changed its name to China Tungsten And Hightech Materials Co.,Ltd in 2000. China Tungsten And Hightech Materials Co.,Ltd was founded in 1993 and is headquartered in Zhuzhou, China. As of December 10, 2020, China Tungsten And Hightech Materials Co.,Ltd operates as a subsidiary of China Minmetals Co., Ltd.

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Key Metrics & Overview

Detailed metrics & financial data of the company

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

7/7 Very High
5Y Volatility
54.3% p.a.
Max Drawdown (5Y)
-59.0%
Sharpe Ratio (5Y)
0.76
Beta Factor
1.43
Size Class
Mega Cap
Notes & Warnings
Single Stock Risk: Investing in an individual stock carries full company and insolvency risk (no fund diversification).
Strong cyclicality: The business model is sensitive to economic downturns.
🔴 Low analyst coverage – higher uncertainty in growth estimates & projections
Elevated Short-Term Volatility: 3Y volatility (58.6%) is noticeably higher than the 5Y average (54.3%).
Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (54.3% p.a.).
Historical Stress Test: Maximum peak-to-trough drawdown of -59.0% in the extended horizon.
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