Need professional-grade analysis? Visit stockanalysis.com
$11.94B
574.50
2,695
N/A
Minmetals Development Co Ltd (600058) trades on SHG in CNY. The company is classified in the Basic Materials sector under the Steel industry. The stock currently trades at CNY11.21, up 0.63% from the previous close.
Over the past year, 600058 has traded between a low of CNY7.05 and a high of CNY15.80. The stock has gained 59.0% over this period. It is currently 29.1% below its 52-week high.
Minmetals Development Co Ltd has a market capitalization of $11.94B, with a price-to-earnings ratio of 574.50.
Minmetals Development Co., Ltd. engages in resource trading, metal trading, and supply chain services in China and internationally. The company operates through six segments: Steel Trading, Metallurgical Raw Materials Trading, Smelting and Processing, Logistics Services, Bidding and Tendering Services, and Other. It offers iron ore, chrome ore, manganese ore, ferroalloys, coal, coke, scrap steel, electrolytic manganese, metallurgical raw materials, and ferroalloy products, as well as steel and metal products to engineering construction and industrial manufacturing sectors. The company also provides supply chain services, including warehousing and processing, shipping/freight forwarding, online freight, insurance brokerage, bidding agency, and online transaction services to steel mills and end users; shipping agency, and ocean freight services, such as dry bulk, general cargo, container and engineering logistics; insurance brokerage services, such as risk management consulting services; bidding services, such as central government investment projects, international bidding for electromechanical products, engineering bidding, and government procurement. In addition, it offers futures delivery and tendering agency services; as well as trades and distributes ferrous metals. Minmetals Development Co., Ltd. was founded in 1997 and is headquartered in Beijing, the People's Republic of China. Minmetals Development Co., Ltd. is a subsidiary of China Minmetals Corporation.
Side-by-side comparison against top Basic Materials peers.