Core Viewpoint - Luoyang Molybdenum Co., Ltd. is experiencing a decline in stock price and has a low rolling P/E ratio compared to its industry peers, indicating potential undervaluation in the small metals sector [1][2]. Company Summary - The closing stock price of Luoyang Molybdenum is 8.94 yuan, down 4.28%, with a rolling P/E ratio of 12.41 times and a total market capitalization of 191.27 billion yuan [1]. - The company ranks 5th in the small metals industry, which has an average P/E ratio of 66.66 times and a median of 63.92 times [1][2]. - As of the first quarter of 2025, 212 institutions hold shares in Luoyang Molybdenum, with a total holding of 422.58 million shares valued at 3.56 billion yuan [1]. Business Operations - Luoyang Molybdenum's main business includes mining and processing of base and rare metals, as well as mineral trading [1]. - Key products include molybdenum, tungsten, copper (excluding NPM), cobalt, niobium, phosphorus, copper gold (NPM), and refined metal trading [1]. Financial Performance - In the first quarter of 2025, the company reported revenue of 46.01 billion yuan, a year-on-year decrease of 0.25%, and a net profit of 3.95 billion yuan, a year-on-year increase of 90.47%, with a gross profit margin of 22.33% [1].