“Non-ferrous metal stocks” are high due to rising gold and copper prices! What are late stocks? Demand expands due to improved business confidence and inflation in China
Handle gold, copper, and aluminumNon-ferrous metal-related stocks roseDoing it. Focusing on industrial metals in response to economic indicators showing an improvement in China's business confidenceExpectations for a recovery in demandFactors include the fact that it is growing. London Metal Exchange (LME) on the 4thCopper futures prices are high for the first time in 1 year and 2 monthsI attached it. From deep-seated inflation and heightened geopolitical risksThe gold exchange rate that continues to update its highest priceIt will also boost earnings from related stocks. $Mitsubishi Materials (5711.JP)$、 $Sumitomo Metal Mining (5713.JP)$Approximately from the beginning of the year20% increase. Has JX Metals under its umbrella $ENEOS Holdings (5020.JP)$IsRise in crude oil pricesIt also had an impact, and from the beginning of the year about30%It's rising.
[Screening conditions]
・Total market value of 100 billion yen or more
・Year-to-date rate of increase of 15% or less
・The divergence from the 5-day closing price to the analysts' average target stock price is positive
・Operating profit growth rate forecasts for the current fiscal year and the next fiscal year are both positive values
◆ $Mitsui Mining and Smelting (5706.JP)$
A major non-ferrous company. Strong in functional materials, automobile parts, etc.copper foilIt is the world's top class. Samples are being suppliedSolid-state electrolytes for all-solid-state batteriesIncrease production capacity. The overseas sales ratio for the fiscal year ended March 23 was over 50%. Projected consolidated sales for the fiscal year ending March 24 are 630 billion yen, down 3.4% from the previous fiscal year, and expected net profit is 18 billion yen, up 111.5%. The year-to-date rate of increase was 10.2%. This termOperating profit growth rateCompared to the previous fiscal year87%, next term49%Forecast (Bloomberg data, same below).
A major non-ferrous company. Strong in functional materials, automobile parts, etc.copper foilIt is the world's top class. Samples are being suppliedSolid-state electrolytes for all-solid-state batteriesIncrease production capacity. The overseas sales ratio for the fiscal year ended March 23 was over 50%. Projected consolidated sales for the fiscal year ending March 24 are 630 billion yen, down 3.4% from the previous fiscal year, and expected net profit is 18 billion yen, up 111.5%. The year-to-date rate of increase was 10.2%. This termOperating profit growth rateCompared to the previous fiscal year87%, next term49%Forecast (Bloomberg data, same below).
◆ $UACJ (5741.JP)$
It was formed by merging Furukawa Sky and Sumitomo Light Metals in 2013. Ranked 3rd in the world for aluminum rolling capacity. The automobile-related field is accompanied by a recovery in production by customer manufacturersDemand recovery is expected to continue. Projected consolidated sales (sales revenue) for the fiscal year ending March 24 is 880 billion yen, down 7.8% from the previous fiscal year, and expected net profit is 11 billion yen, 2.3 times higher. The year-to-date rate of increase was 12.5%. Operating profit growth rate for the current fiscal year compared to the previous fiscal year67%, next term49%It is expected.
It was formed by merging Furukawa Sky and Sumitomo Light Metals in 2013. Ranked 3rd in the world for aluminum rolling capacity. The automobile-related field is accompanied by a recovery in production by customer manufacturersDemand recovery is expected to continue. Projected consolidated sales (sales revenue) for the fiscal year ending March 24 is 880 billion yen, down 7.8% from the previous fiscal year, and expected net profit is 11 billion yen, 2.3 times higher. The year-to-date rate of increase was 12.5%. Operating profit growth rate for the current fiscal year compared to the previous fiscal year67%, next term49%It is expected.
◆ $Nippon Light Metal Holdings (5703.JP)$
Comprehensive aluminum manufacturer. The automobile market continues to decline in China,For semiconductor manufacturing equipmentwill improve in the second half. Consolidated sales forecast for the fiscal year ending March 31, '24 are 550 billion yen, 6.4% from the previous fiscal year, and projected net profit is 7.5 billion yen, which is 4.1%. The year-to-date increase was 4.7%. Operating profit growth rate for the current fiscal year compared to the previous fiscal year127%, next term21%The outlook.
Comprehensive aluminum manufacturer. The automobile market continues to decline in China,For semiconductor manufacturing equipmentwill improve in the second half. Consolidated sales forecast for the fiscal year ending March 31, '24 are 550 billion yen, 6.4% from the previous fiscal year, and projected net profit is 7.5 billion yen, which is 4.1%. The year-to-date increase was 4.7%. Operating profit growth rate for the current fiscal year compared to the previous fiscal year127%, next term21%The outlook.
Related stocks other than those listed above: $DOWA Holdings (5714.JP)$ 、 $Matsuda Sangyo (7456.JP)$、 $Are Holdings (5857.JP)$、 $Furukawa (5715.JP)$
*7456 and 5857 are each calculated from target stock prices of 1 analyst
MooMoo News Kathy
Source: Bloomberg, Nihon Keizai Shimbun, IR materials from various companies, company quarterly reports, moomoo
Source: Bloomberg, Nihon Keizai Shimbun, IR materials from various companies, company quarterly reports, moomoo
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