Xiamen Tungsten Co (600549.SS) Stock Price

Xiamen Tungsten Co Price

🇨🇳SSE·CLOSED
79.70CNY
Market closed
Today +/-
Today %

Xiamen Tungsten Co (600549.SS) Stock | ISIN CNE000001D15. The current Xiamen Tungsten Co stock price is 79.7 CNY (2026). Revenue is 48.83 B CNY. Net income is 2.29 B CNY. The P/E ratio is 49.63. Market capitalization is 113.87 B CNY. Xiamen Tungsten Co operates in the Commodities sector.

Over the last 19 years Xiamen Tungsten Co grew revenue by 14.1% annually, reaching 35.2 B CNY. Earnings per share have grown at 11.2% per year over the last 19 years. For Xiamen Tungsten Co, the net margin of 4.9% is up versus 3.2% a few years ago. At today's price the dividend yield works out to roughly 0.5%. The payout ratio is around 22% of earnings. The dividend has grown at 3.7% per year over the past 19 years.

Xiamen Tungsten Co stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Xiamen Tungsten Co over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Xiamen Tungsten Co stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Xiamen Tungsten Co's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Xiamen Tungsten Co Stock Price History
DateXiamen Tungsten Co Price
Access this data via the Eulerpool API

Xiamen Tungsten Co Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2005
2.88 B CNY
335 M CNY
171 M CNY
Jan 1, 2006
4.41 B CNY
504 M CNY
241 M CNY
Jan 1, 2007
4.63 B CNY
427 M CNY
200 M CNY
Jan 1, 2008
4.95 B CNY
440 M CNY
199 M CNY
Jan 1, 2009
6.34 B CNY
748 M CNY
213 M CNY
Jan 1, 2010
5.54 B CNY
695 M CNY
350 M CNY
Jan 1, 2011
11.91 B CNY
2.28 B CNY
1.02 B CNY
Jan 1, 2012
8.87 B CNY
1.18 B CNY
511 M CNY
Jan 1, 2013
9.88 B CNY
1.4 B CNY
460 M CNY
Jan 1, 2014
10.14 B CNY
1.4 B CNY
441 M CNY
Jan 1, 2015
7.76 B CNY
-293 M CNY
-662 M CNY
Jan 1, 2016
8.53 B CNY
453 M CNY
147 M CNY
Jan 1, 2017
14.19 B CNY
1.47 B CNY
618 M CNY
Jan 1, 2018
19.56 B CNY
1.33 B CNY
499 M CNY
Jan 1, 2019
17.4 B CNY
892 M CNY
261 M CNY

Xiamen Tungsten Co Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 21, 2026, 10:11 AM
 
REVENUE (B CNY)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B CNY)
NET INCOME (B CNY)
NET INCOME GROWTH (%)
DIV. (CNY)
DIV. GROWTH (%)
SHARES (B)
DOCUMENTS
202020212022202320242025e2026e2027e
18.9631.8548.2239.435.241.1548.8345.92
9.0167.9651.39-18.3-10.6616.9118.67-5.96
17.3815.5212.615.3816.9314.4812.2112.98
3.34.956.086.065.965.965.965.96
0.611.181.451.61.731.922.292.58
135.2591.8622.7510.727.8711.1219.5412.6
0.10.150.260.350.40.60.360.4
-33.335073.3334.6214.2950-4011.11
1.411.411.411.411.431.431.431.43
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Xiamen Tungsten Co generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Xiamen Tungsten Co retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Xiamen Tungsten Co's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Xiamen Tungsten Co has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Xiamen Tungsten Co's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Xiamen Tungsten Co stock margins

The Xiamen Tungsten Co margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Xiamen Tungsten Co. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Xiamen Tungsten Co.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2005
19.84 %
11.62 %
5.93 %
Jan 1, 2006
17.35 %
11.43 %
5.46 %
Jan 1, 2007
13.99 %
9.23 %
4.32 %
Jan 1, 2008
15.97 %
8.89 %
4.02 %
Jan 1, 2009
18.14 %
11.8 %
3.36 %
Jan 1, 2010
20.15 %
12.55 %
6.32 %
Jan 1, 2011
25.52 %
19.11 %
8.57 %
Jan 1, 2012
23.76 %
13.31 %
5.76 %
Jan 1, 2013
28.87 %
14.21 %
4.66 %
Jan 1, 2014
29.17 %
13.81 %
4.35 %
Jan 1, 2015
11.77 %
-3.78 %
-8.54 %
Jan 1, 2016
18.05 %
5.31 %
1.72 %
Jan 1, 2017
20.88 %
10.37 %
4.36 %
Jan 1, 2018
15.92 %
6.82 %
2.55 %
Jan 1, 2019
14.69 %
5.13 %
1.5 %

Xiamen Tungsten Co Stock Revenue, EBIT, Earnings per Share

The Xiamen Tungsten Co earnings per share therefore indicates how much revenue Xiamen Tungsten Co has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2005
2.73 CNY
0.32 CNY
0.16 CNY
Jan 1, 2006
4.18 CNY
0.48 CNY
0.23 CNY
Jan 1, 2007
4.04 CNY
0.37 CNY
0.17 CNY
Jan 1, 2008
4.29 CNY
0.38 CNY
0.17 CNY
Jan 1, 2009
5.5 CNY
0.65 CNY
0.18 CNY
Jan 1, 2010
4.8 CNY
0.6 CNY
0.3 CNY
Jan 1, 2011
10.33 CNY
1.97 CNY
0.89 CNY
Jan 1, 2012
7.69 CNY
1.02 CNY
0.44 CNY
Jan 1, 2013
8.56 CNY
1.22 CNY
0.4 CNY
Jan 1, 2014
7.21 CNY
1 CNY
0.31 CNY
Jan 1, 2015
5.52 CNY
-0.21 CNY
-0.47 CNY
Jan 1, 2016
6.07 CNY
0.32 CNY
0.1 CNY
Jan 1, 2017
10.1 CNY
1.05 CNY
0.44 CNY
Jan 1, 2018
13.91 CNY
0.95 CNY
0.35 CNY
Jan 1, 2019
12.37 CNY
0.63 CNY
0.19 CNY

Xiamen Tungsten Co business model & stock analysis

Xiamen Tungsten Co Ltd is a Chinese company with over 60 years of experience in the production of tungsten products. The company has been listed on the Hong Kong Stock Exchange since 1997 and is one of the leading companies in the tungsten industry. The company's history dates back to 1958 when it was established as a state-owned enterprise focusing on the production of tungsten concentrate and tungsten products. Over the years, Xiamen Tungsten Co Ltd has expanded its business and now produces a wide range of tungsten products such as tungsten concentrate, tungstic acids, tungsten powder, tungsten products, and tungsten carbide. The company's business model is based on continuous improvement of product quality, increasing production capacity, and a strong focus on research and development. The company also implements a comprehensive marketing strategy to sell its products in the global market. Xiamen Tungsten Co Ltd is divided into several divisions, including the mining division, smelting division, and products division. The mining division focuses on extracting tungsten from mineral deposits in China. The smelting division then processes the tungsten concentrate into tungsten products such as tungsten carbide and heavy metal alloys. The products division finally produces a wide range of tungsten products used in various applications such as electronics, aerospace, automotive, and heavy industries. The company offers a wide range of products, including tungsten concentrate, tungsten bars, tungstic acids, and tungsten powder. Tungsten concentrate is extracted from the company's mineral deposits and serves as the basis for the production of tungsten products. Tungsten products such as tungsten bars and heavy metal alloys are used in various applications such as tooling machines and drilling tools. Tungstic acids are used in the electronics industry and as catalysts in chemical processes. Xiamen Tungsten Co Ltd has also specialized in the production of tungsten powder, which is used in a variety of applications such as the production of lamps, jewelry, and specialized welding applications. Overall, Xiamen Tungsten Co Ltd is a leading tungsten producer offering a wide range of products and focusing on research and development to continuously improve product quality and production capacity. The company is committed to providing a high level of customer service and aims to expand its position in the global market through a strong marketing strategy and product innovations.

Xiamen Tungsten Co SWOT Analysis

Strengths

Xiamen Tungsten Co Ltd possesses several key strengths that contribute to its success in the market. These strengths include:

  • Strong market position: Xiamen Tungsten Co Ltd holds a significant market share in the tungsten industry, allowing it to influence prices and maintain a competitive edge.
  • Technological expertise: The company boasts advanced technology and innovation capabilities, enabling it to develop high-quality tungsten products and cultivate customer loyalty.
  • Extensive product range: Xiamen Tungsten Co Ltd offers a diverse portfolio of tungsten products, catering to various industries and customer needs.
  • Strategic partnerships: The company has established strong partnerships with key suppliers and customers, enhancing its supply chain efficiency and market reach.

Weaknesses

Despite its strengths, Xiamen Tungsten Co Ltd also faces certain weaknesses that pose challenges to its growth and competitiveness. These weaknesses include:

  • Dependence on specific industries: The company heavily relies on the demand from industries such as automotive, electronics, and steel, making it vulnerable to economic fluctuations in these sectors.
  • Environmental concerns: Extracting and processing tungsten ore may have negative environmental impacts, potentially leading to regulatory hurdles and increased operational costs.
  • Reliance on few customers: Xiamen Tungsten Co Ltd's revenue heavily depends on a few large customers, and the loss of any of these customers could significantly impact its financial performance.
  • Heavy competition: The tungsten industry is highly competitive, with numerous local and international players, leading to pricing pressures and the need for continuous innovation.

Opportunities

Xiamen Tungsten Co Ltd can leverage the following opportunities to expand its market presence and improve its business prospects:

  • Growing demand for renewable energy: The increasing global focus on renewable energy sources opens up opportunities for the company to supply tungsten products used in solar panels, wind turbines, and energy storage systems.
  • Technological advancements: New developments in materials science and manufacturing technologies provide avenues for Xiamen Tungsten Co Ltd to enhance its product offerings and gain a competitive advantage.
  • Emerging markets: The company can target emerging markets with growing industrial sectors, such as India and Southeast Asian countries, to expand its customer base and diversify its revenue streams.
  • Strategic acquisitions: Acquiring or partnering with complementary firms in the tungsten industry can help Xiamen Tungsten Co Ltd broaden its product range, expand its market reach, and strengthen its competitive position.

Threats

Xiamen Tungsten Co Ltd faces several threats that could hinder its growth and profitability:

  • Fluctuating raw material prices: Volatility in the prices of tungsten ore and other key inputs can directly impact the company's production costs and profit margins.
  • Economic downturns: Global economic downturns and recessions may lead to reduced demand for tungsten products across various industries, negatively affecting the company's revenue and profitability.
  • Trade barriers and geopolitical tensions: Trade disputes, tariffs, and political tensions between countries can disrupt supply chains, limit market access, and increase trade uncertainties for Xiamen Tungsten Co Ltd.
  • Substitute materials: The development and adoption of substitute materials with similar properties to tungsten could threaten the demand for Xiamen Tungsten Co Ltd's products and erode its market share.

Xiamen Tungsten Co Eulerpool Fair Value

Xiamen Tungsten Co historical P/E ratio, EBIT multiple, and P/S ratio

Xiamen Tungsten Co annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Xiamen Tungsten Co shares outstanding

The number of shares was Xiamen Tungsten Co in 2025 — This indicates how many shares 1.429 B is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2005
1.06 B base_Shares
Jan 1, 2006
1.06 B base_Shares
Jan 1, 2007
1.14 B base_Shares
Jan 1, 2008
1.15 B base_Shares
Jan 1, 2009
1.15 B base_Shares
Jan 1, 2010
1.15 B base_Shares
Jan 1, 2011
1.15 B base_Shares
Jan 1, 2012
1.15 B base_Shares
Jan 1, 2013
1.15 B base_Shares
Jan 1, 2014
1.41 B base_Shares
Jan 1, 2015
1.41 B base_Shares
Jan 1, 2016
1.41 B base_Shares
Jan 1, 2017
1.41 B base_Shares
Jan 1, 2018
1.41 B base_Shares
Jan 1, 2019
1.41 B base_Shares

Xiamen Tungsten Co Dividend History

23 years of dividend payments · 5 consecutive increases

YearAnnual DividendYoY ChangePayments
20250.6CNY 51.0%
Jun 27, 20250.42CNY 5.0%1/2
Sep 26, 20250.18CNY 56.2%2/2
20240.4CNY 14.3%
20230.35CNY 34.6%
20220.26CNY 73.3%
20210.15CNY 50.0%
20200.1CNY 33.3%
20190.15CNY 2.5%
20180.15CNY 23.1%
20170.2CNY 0.0%
20160.2CNY 30.0%

Xiamen Tungsten Co dividend history and estimates

In 2025, Xiamen Tungsten Co paid a dividend amounting to 0.6 CNY. Dividend means that Xiamen Tungsten Co distributes a portion of its profits to its owners.
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  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2005
0.2 CNY
0 CNY
Jan 1, 2006
0.1 CNY
0 CNY
Jan 1, 2007
0.2 CNY
0 CNY
Jan 1, 2008
0.04 CNY
0 CNY
Jan 1, 2009
0.15 CNY
0 CNY
Jan 1, 2010
0.15 CNY
0 CNY
Invalid Date
0.2 CNY
0.04 CNY
Invalid Date
0.2 CNY
0.04 CNY
Invalid Date
0.25 CNY
0.05 CNY
Invalid Date
0.25 CNY
0.05 CNY
Invalid Date
0.15 CNY
0.08 CNY
Invalid Date
0.2 CNY
0.11 CNY
Jan 1, 2017
0.2 CNY
0 CNY
Jan 1, 2018
0.15 CNY
0 CNY
Jan 1, 2019
0.15 CNY
0 CNY

Xiamen Tungsten Co dividend payout ratio

In 2025, Xiamen Tungsten Co had a payout ratio of 22.98%. The payout ratio indicates the percentage of the company's profits that Xiamen Tungsten Co distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2005
28.44 %
Jan 1, 2006
19.78 %
Jan 1, 2007
50.56 %
Jan 1, 2008
13.41 %
Jan 1, 2009
49.33 %
Jan 1, 2010
29.6 %
Jan 1, 2011
13.29 %
Jan 1, 2012
26.89 %
Jan 1, 2013
36.98 %
Jan 1, 2014
47.71 %
Jan 1, 2015
-25.17 %
Jan 1, 2016
153.8 %
Jan 1, 2017
34.95 %
Jan 1, 2018
43.96 %
Jan 1, 2019
78.95 %
Price targets and forecasts for Xiamen Tungsten Co are not yet available.

EESG©

Eulerpool ESG Scorecard© for the Xiamen Tungsten Co stock

92/100
99
Environment
99
Social
77
Governance
E

Environment

20
Scope 1 - Direct Emissions127,813.04
Scope 2 - Indirect emissions from purchased energy662,836.03
Scope 3 - Indirect emissions within the value chain5,761,436.35
Total CO₂ emissions790,649.07
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees26.9
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Xiamen Tungsten Co shareholder structure

% Name
31.53678%
Fujian Rare Earth (Group) Co., Ltd.
Fujian Rare Earth (Group) Co., Ltd.
8.53413%
China Minmetals NonFerrous Metals Co., Ltd.
China Minmetals NonFerrous Metals Co., Ltd.
3.54996%
A.L.M.T. Corp.
A.L.M.T. Corp.
2.56138%
Fujian Metallurgical (Holding) Co. Ltd.
Fujian Metallurgical (Holding) Co. Ltd.
1.48566%
Shanghai Hewei Investment Ltd.
Shanghai Hewei Investment Ltd.
1.38593%
Van Eck Associates Corporation
Van Eck Associates Corporation
0.97002%
China Southern Asset Management Co. Ltd.
China Southern Asset Management Co. Ltd.
0.79858%
Cao (Yu)
Cao (Yu)
0.71701%
Harvest Fund Management Co., Ltd.
Harvest Fund Management Co., Ltd.
0.70178%
SDIC Chuangyi Industrial Fund Management Co., Ltd.
SDIC Chuangyi Industrial Fund Management Co., Ltd.
...

Xiamen Tungsten Co Executives and Management Board

CH

Mr. Changgeng Huang

(58)

Chairman of the Board · since 2003

Compensation3 M CNY
GW

Mr. Gaochao Wu

(57)

President, Director · since 2006

Compensation2.96 M CNY
KZ

Mr. Kexiang Zhong

(50)

Executive Vice President, Director · since 2012

Compensation2.49 M CNY
BZ

Mr. Bingxian Zhong

(48)

Finance Director, Vice President

Compensation2.2 M CNY
CH

Mr. Chao'e Hong

(57)

Vice President

Compensation2.08 M CNY

Xiamen Tungsten Co Supply Chain

Frequently asked questions about Xiamen Tungsten Co

The business model of Xiamen Tungsten Co Ltd focuses on the mining and production of tungsten products. As one of the leading tungsten mining companies in China, Xiamen Tungsten Co Ltd extracts tungsten ore from its own mines and processes it into various products such as tungsten concentrate, tungsten powder, and tungsten carbide. With a vertically integrated supply chain, the company also engages in research, development, and sales of downstream tungsten products. By leveraging its expertise in the tungsten industry, Xiamen Tungsten Co Ltd aims to provide high-quality products to meet the growing demand in industries like aerospace, energy, electronics, and automotive.

All fundamentals and in-depth analysis of Xiamen Tungsten Co

Our stock analysis for Xiamen Tungsten Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Xiamen Tungsten Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.