North Mining Shares Co., Ltd. (0433) AI Stock Analysis

• Market Cap: HK$1.08B
• Dividend Yield: N/A
• Average Volume (3M): 16.83M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.53
• Revenue Growth: 0.41%
• EPS Growth: 83.35%
• Country: HK
• Employees: 678
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): N/A
• Shares Outstanding: 15,002,141,000
• 10 Day Avg. Volume: 6,351,275
• 30 Day Avg. Volume: 16,826,133
• PEG Ratio: 0.01
• Price to Book (P/B): 2.01
• Price to Sales (P/S): 0.08
• P/FCF Ratio: 1.18
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The stock score is primarily impacted by the company's poor financial performance, with persistent losses and negative equity posing significant risks. While technical analysis shows some bullish momentum, valuation metrics remain weak due to negative earnings. The absence of earnings call data and corporate events limits additional insights.

North Mining Shares Co., Ltd. Business Overview & Revenue Model

Company Description

North Mining Shares Co., Ltd. (0433) is a Hong Kong-based investment holding company primarily engaged in the exploration and mining of mineral resources. The company focuses on the acquisition, exploration, and development of mining projects, particularly in the areas of gold, copper, and other valuable minerals. Through its subsidiaries, North Mining Shares aims to capitalize on the growing demand for mineral resources by investing in strategic mining operations and leveraging its expertise in resource development.

How the Company Makes Money

North Mining Shares Co., Ltd. generates revenue primarily through the extraction and sale of mineral resources. The company's key revenue streams include the sale of mined minerals, such as gold and copper, which are sold to various markets and industries. Additionally, the company may engage in joint ventures or partnerships with other mining firms, which can provide further opportunities for revenue generation through shared resources and expertise. Factors contributing to its earnings include global commodity prices, operational efficiency in mining activities, and the successful execution of exploration projects that lead to increased resource reserves.

North Mining Shares Co., Ltd. Financial Statement Overview

Summary

North Mining Shares Co., Ltd. faces significant financial challenges, with persistent net losses, negative equity, and high leverage. Despite slight improvements in gross profit margins, the overall financial health is concerning due to unstable revenue and cash flow generation.

Income Statement

The company has faced substantial challenges in profitability, with consistently negative net income and EBIT margins over the years. While gross profit margins have improved slightly from 6.4% in 2019 to 11.5% in 2024, the net profit margin remains negative, indicating ongoing operational inefficiencies. The revenue growth rate has been volatile, with a significant drop in 2024 compared to 2023, suggesting instability in revenue generation.

Balance Sheet

The balance sheet shows a concerning financial structure, with negative stockholders' equity since 2020, reflecting potential insolvency risks. The debt-to-equity ratio is not calculable due to negative equity, highlighting excessive leverage. The equity ratio is also negative, indicating that liabilities exceed assets, posing a risk to stakeholders.

Cash Flow

Cash flow statements reveal challenges in generating positive cash flow from operations, with operating cash flow fluctuating significantly over the years. The company has struggled to maintain positive free cash flow, and the operating cash flow to net income ratio is not applicable due to persistent net losses. Free cash flow growth is not calculable due to negative values.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	951.80M	1.11B	1.53B	1.30B	1.35B	650.91M
Gross Profit	270.58M	127.69M	92.41M	187.08M	145.94M	71.07M
EBITDA	222.70M	-187.20M	-1.56B	-38.09M	-97.17M	-3.12B
Net Income	25.13M	-68.49M	-1.63B	-162.64M	-357.73M	-2.60B
Balance Sheet
Total Assets	1.56B	1.54B	1.76B	2.02B	2.12B	2.05B
Cash, Cash Equivalents and Short-Term Investments	54.81M	15.25M	5.94M	11.34M	20.73M	15.76M
Total Debt	427.25M	433.65M	704.37M	1.75B	1.80B	1.80B
Total Liabilities	2.04B	2.11B	2.10B	3.52B	3.39B	2.87B
Stockholders Equity	115.21M	43.29M	-39.97M	-1.33B	-1.14B	-800.35M
Cash Flow
Free Cash Flow	0.00	73.59M	-39.05M	-7.18M	155.87M	-61.96M
Operating Cash Flow	0.00	201.08M	-35.64M	81.84M	233.58M	46.77M
Investing Cash Flow	0.00	-127.69M	-6.46M	-89.09M	-77.71M	-107.40M
Financing Cash Flow	0.00	-63.25M	35.83M	6.76M	-155.04M	62.19M

North Mining Shares Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0433, the sentiment is Neutral. The current price of 0.08 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.07, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.77 is Neutral, neither overbought nor oversold. The STOCH value of 12.50 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0433.

North Mining Shares Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
0769	55 Neutral	$1.95B	-15.63	―	―	10.29%	47.66%
0433	53 Neutral	HK$1.08B	―	-4702.63%	―	0.41%	83.35%
1091	51 Neutral	HK$2.25B	―	-14.35%	―	-31.35%	-71.37%
1370	45 Neutral	HK$403.93M	-1.19	-41.19%	―	-6.51%	41.00%
0159	36 Underperform	HK$1.07B	―	-7.49%	―	―	-164.29%

North Mining Shares Co., Ltd. Corporate Events

North Mining Shares Co., Ltd. Reports Progress on Financial Stability and Operational Viability

North Mining Shares Co., Ltd. has provided an update on measures to address a disclaimer of opinion in its 2024 annual report regarding its ability to continue as a going concern. The company reported significant revenue and profit from its mining operations, indicating operational viability and financial stability. Additionally, the company completed equity financing through new share subscriptions, raising approximately HK$74.7 million to settle debts and support working capital, reflecting its commitment to financial management and shareholder value enhancement.

North Mining Shares Reports Strong Interim Results for 2025

North Mining Shares Co., Ltd. reported a significant increase in revenue and profit for the first half of 2025 compared to the same period in 2024. The company’s revenue rose to HK$925.8 million from HK$621.3 million, and it achieved a profit of HK$105.8 million, reversing a loss of HK$99.8 million in the previous year. This improvement is attributed to higher gross profit and reduced finance costs, positioning the company more favorably in the market.

North Mining Shares Co., Ltd. Reports Positive Profit Turnaround

North Mining Shares Co., Ltd. announced a significant turnaround in its financial performance, reporting an expected unaudited net profit of approximately HK$70 million for the period ending 30 June 2025. This marks a substantial improvement from the HK$59 million net loss recorded in the same period of the previous year, signaling a positive shift in the company’s financial health and potentially enhancing its market position.

North Mining Shares Signals Financial Turnaround with Positive Profit Alert

North Mining Shares Company Limited has announced a positive profit alert, indicating a significant financial turnaround for the first half of 2025. The company expects to report a net profit and a revenue increase of at least 45% compared to the previous year, primarily due to the recovery and stabilization of its mining operations, which have improved production capacity and efficiency.

North Mining Shares Schedules Board Meeting for Interim Results

North Mining Shares Company Limited has announced a board meeting scheduled for August 27, 2025, to approve the interim financial results for the first half of the year and to consider dividend payments. This meeting is significant as it will provide insights into the company’s financial health and potential returns for shareholders, impacting its market positioning and stakeholder interests.

North Mining Shares Completes HK$74.7 Million Share Subscription

North Mining Shares Co., Ltd. has completed the subscription of 2,490,500,000 new shares at a price of HK$0.03 per share, raising approximately HK$74.7 million. The proceeds will be used to settle bank loans, other borrowings, and for general working capital, impacting the company’s financial structure and potentially enhancing its operational capabilities.

North Mining Shares Co., Ltd. Updates on Share Subscription and Proceeds Allocation

North Mining Shares Co., Ltd. has announced a supplemental update regarding its recent subscription of new shares under a general mandate, aiming to raise approximately HK$74.7 million. The proceeds are intended for settling bank loans and borrowings, as well as for other working capital and general corporate purposes. The company also clarified a previous discrepancy in the discount calculation of the subscription price, urging shareholders to exercise caution.