Top Page
Tongguan Gold Group Ltd.
(Frankfurt:0340)
Tongguan Gold Group Ltd. (0340) vs. iShares MSCI Hong Kong ETF (EWH)
Tongguan Gold Group Ltd. Business Overview & Revenue Model
Tongguan Gold Group Ltd. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.60B | 1.50B | 1.24B | 681.72M | 327.71M |
| Gross Profit | 523.19M | 167.88M | 139.50M | 236.86M | 72.51M |
| EBITDA | 448.95M | 158.48M | 122.41M | 265.95M | 53.88M |
| Net Income | 211.14M | 51.45M | 50.34M | 138.68M | -1.51M |
Balance Sheet | |||||
| Total Assets | 4.59B | 4.55B | 3.65B | 3.90B | 3.78B |
| Cash, Cash Equivalents and Short-Term Investments | 172.33M | 157.89M | 143.10M | 157.70M | 130.29M |
| Total Debt | 533.58M | 565.36M | 161.54M | 179.77M | 241.10M |
| Total Liabilities | 1.97B | 2.09B | 1.62B | 1.72B | 1.83B |
| Stockholders Equity | 2.48B | 2.32B | 1.89B | 2.02B | 1.82B |
Cash Flow | |||||
| Free Cash Flow | 270.57M | -141.56M | 31.71M | 115.96M | -4.70M |
| Operating Cash Flow | 508.35M | -35.50M | 133.56M | 217.31M | 122.32M |
| Investing Cash Flow | -252.16M | -1.38M | -100.65M | -101.69M | -126.03M |
| Financing Cash Flow | -240.54M | 62.51M | -42.99M | -91.10M | 42.19M |
Tongguan Gold Group Ltd. Technical Analysis
Tongguan Gold Group Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$159.50B | 47.65 | 10.43% | 1.13% | 36.74% | 36.49% | |
71 Outperform | €9.63B | 42.20 | 0.55% | 7.19% | 262.94% | ||
70 Outperform | $74.39B | 44.88 | 11.20% | 0.26% | 35.04% | 102.30% | |
68 Neutral | €13.02B | 16.45 | 22.79% | 6.76% | 10.21% | 77.99% | |
66 Neutral | HK$2.38B | 35.33 | 12.45% | ― | 957.74% | 194.12% | |
58 Neutral | HK$17.25B | 4.63 | -6.43% | 5.11% | -3.18% | -62.89% | |
47 Neutral | HK$1.02B | ― | -1.05% | ― | ― | 64.29% |
Tongguan Gold Group Ltd. Corporate Events
Tongguan Gold Group Ltd. has entered into a definitive precious metals purchase agreement with Zijin Metal Company Limited, formalizing a previously announced streaming transaction. This agreement is part of the company’s strategy to strengthen its financial position and enhance its operational capabilities in the gold mining sector. The transaction does not constitute a notifiable transaction under Hong Kong’s listing rules, indicating a streamlined process with minimal regulatory hurdles.
Tongguan Gold Group Ltd. held its Annual General Meeting on May 30, 2025, where all proposed resolutions were passed by shareholder vote. Key resolutions included the adoption of financial statements, declaration of a final dividend, re-election of directors, re-appointment of auditors, and granting mandates for share issuance and repurchase. The successful passing of these resolutions reflects strong shareholder support and positions the company for continued operational and strategic initiatives.
Tongguan Gold Group Ltd. has announced the grant of 81,540,000 share options under its 2024 Share Option Scheme. These options, representing approximately 1.85% of the total shares in issue, are allocated to certain directors and employee participants, with a notable portion going to directors. The exercise price is set at HK$1.92 per share, matching the closing price on the grant date. This move is likely aimed at incentivizing key personnel and aligning their interests with the company’s long-term goals.
Tongguan Gold Group Ltd. has completed a subscription agreement, issuing 327,420,000 new shares at HK$0.69 each, raising approximately HK$225,469,800. The proceeds will be used to enhance mining production, conduct drilling activities, and improve infrastructure, impacting the company’s operational capacity and market positioning by expanding its gold production capabilities.
Tongguan Gold Group Ltd. has announced its Annual General Meeting scheduled for May 30, 2025, in Hong Kong. Key resolutions include the adoption of financial statements, declaration of a final dividend, re-election of directors, and authorization for directors to manage share allotments. These decisions are crucial for the company’s governance and shareholder engagement, potentially impacting its financial strategy and market positioning.
Tongguan Gold Group Ltd. announced a temporary halt in trading of its shares on the Hong Kong Stock Exchange, effective from April 8, 2025, due to an upcoming announcement regarding a subscription of shares. The company has applied for the resumption of trading to commence on April 9, 2025. This move could potentially impact the company’s market operations and stakeholder interests, reflecting strategic financial maneuvers.
Tongguan Gold Group Ltd. has entered into a non-legally binding term sheet with Zijin Metal Company Limited for a streaming transaction involving its gold mines in Gansu Province, China. The agreement includes an upfront cash payment of $25 million from Zijin Metal, with Tongguan Gold committing to deliver specific quantities of gold over a nine-year period. This transaction allows Tongguan Gold to secure immediate funding while providing Zijin Metal with a long-term supply of gold, potentially impacting the company’s financial stability and market positioning.
Tongguan Gold Group Ltd. announced the issuance of new shares under a general mandate, with agreements made with two independent third-party subscribers. The company plans to issue a total of 327,420,000 shares at a price of HK$0.69 per share, raising net proceeds of HK$225,469,800. The funds will be utilized as outlined in the announcement, and the subscription is subject to approval for listing and dealing in the new shares. The subscribers are independent entities, and neither will become substantial shareholders immediately upon completion.
Tongguan Gold Group Ltd. has announced a trading halt of its shares on the Hong Kong Stock Exchange effective from April 8, 2025, pending an announcement regarding a share subscription. Stakeholders and potential investors are advised to exercise caution when dealing with the company’s shares during this period.