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Taung Gold International Limited (HK:0621)
:0621
Hong Kong Market

Taung Gold International Limited (0621) AI Stock Analysis

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HK

Taung Gold International Limited

(0621)

Rating:47Neutral
Price Target:
The company's stock score is primarily impacted by significant financial challenges, including zero revenue and negative cash flows. While its balance sheet shows financial stability with low debt, the lack of operational efficiency and revenue generation raises concerns. Technical analysis suggests some positive price trends, but valuation metrics highlight potential overvaluation and financial distress.

Taung Gold International Limited (0621) vs. iShares MSCI Hong Kong ETF (EWH)

Taung Gold International Limited Business Overview & Revenue Model

Company DescriptionTaung Gold International Limited, an investment holding company, engages in the exploration, development, and mining of gold and associated minerals in the Republic of South Africa and Hong Kong. Its flagship properties include the Evander project, which comprises the No. 6 Shaft and adjacent Twistdraai area further to the south located east-south-east of Johannesburg; and Jeanette project situated in the Free State province of South Africa. The company is also involved in trading minerals. Taung Gold International Limited was incorporated in 2004 and is headquartered in Tsuen Wan, Hong Kong.
How the Company Makes MoneyTaung Gold International Limited generates revenue through the exploration and mining of gold. Its primary revenue stream comes from the sale of refined gold extracted from its mining operations. The company focuses on projects with high potential yields, investing in advanced mining technology and efficient processing methods to maximize output. Additionally, strategic partnerships with local and international entities can enhance operational capabilities and expand market reach. The company's earnings are further influenced by global gold prices, operational efficiencies, and the successful development of its mining projects.

Taung Gold International Limited Financial Statement Overview

Summary
Taung Gold International Limited faces significant financial hurdles, especially in generating revenue and profits. While the balance sheet remains solid due to low debt and substantial equity, the persistent negative cash and income metrics raise concerns about long-term viability. Strategic improvements in operations and revenue generation are crucial for future stability.
Income Statement
20
Very Negative
The company has consistently shown zero revenue over the past years, indicative of stalled operations or a lack of sales. Net and gross profit margins cannot be calculated due to zero revenue. EBIT and EBITDA margins are negative, reflecting ongoing operational losses. The lack of revenue growth and negative net income suggest significant financial challenges.
Balance Sheet
70
Positive
The company's balance sheet indicates a strong equity base with a high equity ratio, suggesting financial stability. The debt-to-equity ratio is very low, implying minimal leverage, which reduces financial risk. However, the reduction in stockholders' equity over the recent years may need monitoring.
Cash Flow
30
Negative
The cash flow statement reveals negative free and operating cash flows, highlighting cash outflows exceeding inflows. The free cash flow to net income ratio is unfavorable, indicating inefficiencies in converting profits into cash. Despite this, cash reserves remain significant, providing a buffer against cash flow issues.
BreakdownTTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit0.000.00-1.46M-1.23M-3.06M-3.01M
EBITDA-25.34K-19.16M-22.55M68.49M-26.24M-38.04M
Net Income-7.41M-19.17M-27.11M45.15M-526.23M-41.36M
Balance Sheet
Total Assets2.84B2.68B2.84B3.44B3.31B3.34B
Cash, Cash Equivalents and Short-Term Investments84.18M108.87M136.71M163.17M163.14M199.59M
Total Debt1.09M1.79M282.00K1.47M282.00K1.61M
Total Liabilities20.37M27.28M19.95M19.68M22.63M20.07M
Stockholders Equity2.26B2.13B2.25B2.74B2.64B2.67B
Cash Flow
Free Cash Flow-14.36M-28.68M2.92M-28.93M-37.39M-49.47M
Operating Cash Flow-9.06M-18.08M2.92M-20.99M-31.32M-40.95M
Investing Cash Flow-5.21M-10.41M0.0022.79M-4.20M-5.86M
Financing Cash Flow-628.23K-1.25M-1.23M-1.18M-1.37M-973.00K

Taung Gold International Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.06
Price Trends
50DMA
0.07
Negative
100DMA
0.07
Negative
200DMA
0.05
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
45.86
Neutral
STOCH
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0621, the sentiment is Neutral. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.07, and above the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.86 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0621.

Taung Gold International Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (43)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
47
Neutral
HK$998.33M-1.05%64.29%
43
Neutral
AU$1.42B-6.27-40.74%4.05%-3.45%-41.76%
$8.93B42.0811.20%0.27%
DELI9
€1.37B14.4022.79%6.99%
66
Neutral
HK$2.19B32.6112.45%957.74%194.12%
HK$43.93B18.6623.80%0.68%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0621
Taung Gold International Limited
0.06
0.03
100.00%
ZHAOF
Zhaojin Mining Industry Co
2.55
0.67
35.64%
DE:INU1
Tongguan Gold Group Ltd.
DE:LI9
Lingbao Gold Group Company Ltd. Class H
1.05
0.69
191.67%
HK:8299
Grand T G Gold Holdings Ltd
0.30
0.12
66.67%
HK:6693
Chifeng Jilong Gold Mining Co., Ltd. Class H
25.15
12.03
91.69%

Taung Gold International Limited Corporate Events

Taung Gold International Limited Appoints Deloitte as New Auditor
Apr 15, 2025

Taung Gold International Limited announced a change of auditor, with Baker Tilly resigning and Deloitte Touche Tohmatsu appointed as the new auditor effective April 15, 2025. This strategic move aligns with the company’s future business plans and aims to enhance auditing standards and internal controls, addressing shareholder concerns and improving the company’s governance and financial reporting systems.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 07, 2025