Shengda Resources Co.,Ltd. (000603.SZ)

Shengda Resources Co.,Ltd. (000603.SZ) — VMCI valuation read

Shengda Resources Co.,Ltd. sits at VMCI 46/100, with the Basic Materials sector median at 50. That 4-point spread is the first thing to note on 000603.SZ: it tells the reader the composite is unfavorable before any single ratio is examined, and the mid-cap tier sets the comparison set.

Form 4 disclosures on 000603.SZ are blank for the trailing 30 days. With the insider channel offline, the EV/EBITDA delta, free-cash-flow trajectory, and the next earnings print do the talking.

**Investor frame.** The Value read on 000603.SZ: 000603.SZ trades at 18.0x earnings, 0% above the Basic Materials median of 18.0x, with EV/EBITDA at 13.0x against 12.0x. The Quality read: ROIC of 8.0% trails the Basic Materials median (10.0%) by 2.0pp. The Risk read: net debt to EBITDA of 1.7x is the rate-sensitivity line to watch, anchoring the bear scenario on a measurable balance-sheet metric.

000603.SZ fell 2.4% over the trailing 7 days, with a -19.3% read on a 30-day basis.