Western Metal Materials stock surges amid "abnormal" trading volatility

Western Metal Materials Company Limited announced abnormal trading fluctuations, with its stock price's cumulative deviation from the closing price exceeding 20% over December 23, 24, and 25, 2025. As of December 25, the stock closed at CNY 46.20 per share, with a static price-to-earnings ratio of 142.96 and a price-to-book ratio of 9.88. These figures significantly surpass the industry averages for "Non-ferrous Metal Smelting and Rolling Processing," according to the China Securities Index Co., Ltd.

The company's basic operations remain stable, with no significant changes in its fundamentals. For the first three quarters of 2025, Western Metal Materials reported operating revenue of CNY 2,283,028,700, an increase of 2.82% year-on-year. However, net profit attributable to shareholders decreased by 49.76% to CNY 69,254,400, resulting in basic earnings per share of CNY 0.1419.

The company cautioned investors about potential market overexcitement and irrational speculation, noting the substantial short-term increase in its stock price and the inherent risks of a significant downturn. The board confirmed no undisclosed material information.