TacticScaleWhat Jinduicheng Molybdenum (金钼股份) Does & How It Makes Money (601958.SS)
Updated October 2026 · reflects Jinduicheng Molybdenum's latest reported financials
Chinese molybdenum miner, smelter, and processor of molybdenum products. It makes money by mining and smelting molybdenum and selling the concentrates, ferromolybdenum, chemicals, and metal products, mostly to steelmakers and industrial users.
How Jinduicheng Molybdenum makes money
It makes money by mining and smelting molybdenum and selling the concentrates, ferromolybdenum, chemicals, and metal products, mostly to steelmakers and industrial users. It also earns revenue from metal and commodity trading and from by-products such as sulfuric acid and iron concentrate.
What Jinduicheng Molybdenum does
Jinduicheng Molybdenum is a Xi'an-based molybdenum producer that covers the whole chain, from mining and smelting to deep processing. It reports two segments, Molybdenum Ore Products and Metal Trading Products. Its furnace-charge products (molybdenum concentrate, roasted concentrate, and ferromolybdenum) go mainly to steel mills. It also sells molybdenum chemicals such as ammonium and sodium molybdate, plus processed metal products including molybdenum targets, stirrers, and welding and drilling molybdenum. The company also sells by-products such as sulfuric acid, iron concentrate, and sulfur concentrate, and it does commodity trading and tungsten processing. Its customers are in steel, petrochemicals, mechanical manufacturing, aerospace, electronics, and lighting. It was incorporated in 2007 and is a subsidiary of Jinduicheng Molybdenum Group Co., Ltd.
Products & services
- Molybdenum concentrate and roasted molybdenum concentrate
- Ferromolybdenum
- Ammonium molybdate and sodium molybdate
- Molybdenum metal products (targets, stirrers, welding and drilling molybdenum)
- Sulfuric acid, iron and sulfur concentrates
金钼股份是做什么的？
金钼股份总部位于西安，是一家覆盖钼矿开采、冶炼和深加工全产业链的钼业公司。公司分为钼矿产品和金属贸易产品两个业务板块。主要产品包括钼精矿、焙烧钼精矿和钼铁等炉料产品，主要供给钢铁行业；还有钼酸铵、钼酸钠等钼化工产品，以及钼靶材、钼搅拌器、焊接钼等钼金属制品。 公司还销售硫酸、铁精矿和硫精矿等副产品，并从事大宗商品贸易和钨加工。产品用于钢铁、石化、机械制造、航空航天、电子和照明等领域。公司成立于2007年，是金堆城钼业集团有限公司的子公司。
What is Jinduicheng Molybdenum worth?
On an owner-earnings DCF, Jinduicheng Molybdenum's most-likely value is about ¥11 versus a recent price near ¥18 (70% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~¥6) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
Related companies
GuoCheng Mining (000688.SZ) · CMOC (603993.SS) · Jinhui Mining Incorporation (603132.SS) · Chengtun Mining (600711.SS)