Non-ferrous metals industry net profit growth varies by quarter

Reporter observes observation according to wind information statistics, non-ferrous metals industry in aluminum, copper, lead and zinc, gold and small metals in the first quarter of 09 years the net profit attributable to the parent company is 44.43%, 101.05%, 98.66%, 111.47%, respectively, in the four quarter of 08.　　and 75.87%. Compared with the four quarter last year, the copper industry in the first quarter to achieve a turnround, The net profit was increased from $5.413 billion to $57 million; lead-zinc industry 减亏, net profit from-2.427 billion yuan to 32 million yuan, the aluminum and small metal industry also achieved 减亏, net profit from-3.64 billion yuan and 593 million yuan rose to-2.023 billion yuan and-143 million yuan; the golden child industry is doubling　　Increased from 545 million to $1.153 billion.　　Copper industry in the first quarter to achieve losses, performance eye-catching, in 7 constituent stocks, Tongling nonferrous, Jiangxi Copper, Yunnan Copper, *st Zhang Copper and Jingcheng copper industry in the first quarter of the net profit has achieved a sharp rise, the rise of 161.06%, 110.74%, 92.28%, 90.39% and 88.71% respectively.　　For a large 减亏 of lead and zinc industry, 10 component stocks in addition to St Everest have achieved net profit of the chain significantly increased, almost all in 100%, Henan light Gold lead, medium-color shares and the western mining industry growth is relatively large, reached 129.97%, 118.35% and 108.37% respectively.　　Aluminum industry in 10 constituent stocks, in addition to the Golden Horse Group has achieved net profit Quarter-on-quarter growth, Xinjiang, Nanshan Aluminum, Chang aluminum shares, Zhongfu Industrial and Ningbo Fubon growth has reached more than 100%.　　And in the small metal industry in the 10 component stocks, your research platinum industry, Jean Nickel industry, Tin shares, Tianyi technology, Baotou steel rare earth and titanium shares of net profit to achieve the chain growth, of which your platinum industry, Jean Nickel and tin shares in the growth of the former, respectively, 93.03%, 86.69% and 76.31%.　　The gold industry doubled its net profit in the first quarter of this year, and in addition to gold in the constituent stocks, the net profit was achieved on a month-on-month basis, with the growth of Chenzhou mining, Zijin Mining and Evergrande shares being 87.82%, 85.64% and 54.55% respectively, and Shandong Gold and even the chain by a large increase of 1058.31%. Although the non-ferrous metals industry has seen a sharp increase in net profits in the first quarter of this year, the improvement in performance has been reflected in the share price. Since this year, the non-ferrous metal index rose 96.99%, aluminum, copper, lead and zinc, gold and small metal plates rose 74.03%, 145.2%, 126.82%, 82.54% and 92.39% respectively, the performance of the losses and large 减亏 copper, lead-zinc plate increased significantly.　　All shares rose only 43.53% in the same period. In terms of valuations, the historical average P/e ratios of aluminum, copper, lead and zinc, gold and small metals are calculated at 32.35 and 31 per cent for 2001 years, according to the weekly annual report, which excludes negative values.90, 38.18, 67.98 and 50.03 times times. As of May 6, the estimates for the above plates were 136.3, 32.9, 62.26, 44.23 and 27.96 times times respectively. It can be seen that the current P/e ratio of small metals and gold is still below the historical average, enjoying a certain valuation advantage; Copper block is valued slightly above historical average, while the value of Pb-Zn plate, especially aluminum plate, is significantly deviated from the average value. In accordance with the Ttm method valuation, the elimination of negative values, in the May 6 closing price, aluminum, copper, lead and zinc, gold and small metal plate of the P/E ratio of 48.53, 53.08, 123.50, 44.47 and 30.54 times times respectively. (APPL) The profit of nonferrous metals industry in recent two quarter and the range of chain change