Mongolian Mining (0975) AI Stock Analysis

• Market Cap: $10.28B
• Dividend Yield: N/A
• Average Volume (3M): 5.83M
• Price to Earnings (P/E): 16.2
• Beta (1Y): 0.24
• Revenue Growth: -20.50%
• EPS Growth: -64.45%
• Country: HK
• Employees: 2,559
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Coal
• EPS (TTM): -0.17
• Shares Outstanding: 1,041,212,800
• 10 Day Avg. Volume: 4,998,832
• 30 Day Avg. Volume: 5,828,077
• PEG Ratio: 0.83
• Price to Book (P/B): 0.77
• Price to Sales (P/S): 0.92
• P/FCF Ratio: 27.84
• Enterprise Value/Market Cap: 0.90
• Enterprise Value/Revenue: 10.92
• Enterprise Value/Gross Profit: 36.81
• Enterprise Value/Ebitda: 32.57
• 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: 58 Neutral
• Price Target: HK$11.00 ▲(6.90% Upside)

Mongolian Mining's strong financial performance is offset by technical indicators suggesting bearish momentum and a moderate valuation. The lack of recent cash flow data and absence of dividend yield are notable risks.

Positive Factors

Revenue Growth

The significant increase in revenue highlights the company's successful expansion and strong market demand for its products, underpinning its growth potential.

Balance Sheet Health

Improved debt management enhances financial stability, providing the company with greater flexibility to invest in growth opportunities and weather economic fluctuations.

Profit Margins

Strong profit margins indicate efficient operations and pricing power, supporting sustainable profitability and competitive positioning in the market.

Negative Factors

Revenue Decline

A significant decline in revenue growth rate suggests potential challenges in maintaining sales momentum, which could impact future financial performance.

Cash Flow Data Absence

Lack of recent cash flow data raises concerns about liquidity and the company's ability to fund operations and growth initiatives, posing a risk to financial health.

Earnings Decline

A sharp decline in earnings per share growth indicates potential profitability issues, which could affect investor confidence and the company's ability to reinvest in its business.

Mongolian Mining Business Overview & Revenue Model

Company Description

Mongolian Mining Corporation engages in the mining, processing, transportation, and sale of coking coal products in China. The company owns and operates the Ukhaa Khudag and the Baruun Naran open-pit coking coal mines located in South Gobi province of Mongolia. It is also involved in the railway project management, airport operation and management, water exploration and supply management, and power supply project management activities; and trading of coal and machinery equipment. The company was incorporated in 2010 and is headquartered in Ulaanbaatar, Mongolia.

How the Company Makes Money

Mongolian Mining generates its revenue primarily through the sale of coking coal to domestic and international markets. The company benefits from long-term contracts with major steel producers in Asia, which provide a steady demand for its coal products. Additionally, it capitalizes on favorable pricing in the global coal market, particularly during periods of high demand for steel. Key revenue streams include direct sales, transportation services for coal delivery, and potential partnerships with other mining and industrial companies that enhance its market reach. The company's earnings are also influenced by factors such as coal prices, regulatory changes, and global economic conditions.

Mongolian Mining Financial Statement Overview

Summary

Mongolian Mining presents a robust financial profile with strong revenue growth and profitability metrics. The balance sheet is solid with a healthy equity ratio and manageable debt levels. However, the absence of recent cash flow data presents a potential risk. Overall, the company is financially strong but needs to ensure continued cash flow visibility.

Income Statement

Mongolian Mining has demonstrated strong revenue growth over recent years, moving from $184 million in 2021 to over $1 billion in 2023. The company maintains healthy gross and net profit margins, with a gross profit margin of 39.6% and a net profit margin of 23.3% in 2023. The EBIT and EBITDA margins are also robust, reflecting operational efficiency. However, the slight decline in gross profit from 2023 to 2024 suggests potential cost pressures.

Balance Sheet

The balance sheet reflects a solid equity base, with an equity ratio of approximately 58.3% in 2023, indicating financial stability. The debt-to-equity ratio has improved from 0.39 in 2022 to 0.19 in 2023, showcasing effective debt management. Return on Equity (ROE) is also strong at 19.8%, reflecting efficient use of equity. Despite these strengths, the company should monitor its liabilities to maintain balance sheet strength.

Cash Flow

While Mongolian Mining has been generating positive free cash flow, there are concerns regarding the absence of operating cash flow data for 2024, which limits analysis. Historically, the company has shown strong free cash flow generation, especially in 2023 with $348 million. However, the lack of recent data raises questions about current liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	845.37M	1.04B	1.03B	546.25M	184.07M	417.42M
Gross Profit	250.71M	411.68M	441.64M	95.12M	22.58M	128.58M
EBITDA	283.32M	460.05M	465.04M	163.44M	35.92M	147.59M
Net Income	85.69M	242.01M	239.69M	59.18M	-55.44M	28.94M
Balance Sheet
Total Assets	2.31B	2.14B	2.01B	1.82B	1.88B	1.74B
Cash, Cash Equivalents and Short-Term Investments	219.71M	140.52M	175.80M	64.69M	25.94M	38.90M
Total Debt	393.80M	236.69M	213.99M	373.81M	452.67M	449.69M
Total Liabilities	939.79M	754.29M	838.58M	893.43M	982.56M	847.38M
Stockholders Equity	1.21B	1.25B	1.17B	928.03M	896.39M	887.78M
Cash Flow
Free Cash Flow	-42.03M	34.54M	348.07M	152.69M	34.45M	40.27M
Operating Cash Flow	157.13M	223.49M	481.88M	233.78M	84.91M	108.69M
Investing Cash Flow	-201.82M	-177.91M	-172.30M	-87.92M	-56.76M	-70.79M
Financing Cash Flow	-16.95M	-80.43M	-197.58M	-103.87M	-41.66M	-41.65M

Mongolian Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.29
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0975, the sentiment is Positive. The current price of 10.29 is below the 20-day moving average (MA) of 10.51, below the 50-day MA of 11.58, and above the 200-day MA of 8.11, indicating a neutral trend. The MACD of -0.47 indicates Negative momentum. The RSI at 45.11 is Neutral, neither overbought nor oversold. The STOCH value of 78.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0975.

Mongolian Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1277	81 Outperform	HK$13.32B	7.81	19.63%	8.23%	-2.79%	-39.45%
0639	79 Outperform	HK$14.82B	13.68	6.64%	9.28%	-5.78%	-29.52%
1733	73 Outperform	€2.43B	8.83	3.21%	21.14%	-23.72%	-86.69%
2798	69 Neutral	€1.60B	7.95	6.31%	4.55%	-26.28%	-69.55%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
0975	58 Neutral	$10.28B	16.19	6.76%	―	-20.50%	-64.45%
0866	45 Neutral	HK$7.38B	20.21	81.71%	1.37%	-20.71%	209.68%

Mongolian Mining Corporate Events

Mongolian Mining Corporation Reports Strong Q3 2025 Coking Coal Sales

Mongolian Mining Corporation reported a significant increase in sales of washed coking coal products for the third quarter of 2025, with a 32% quarter-on-quarter rise and a 13% year-on-year increase. Despite a decrease in run-of-mine coal mining output, the company processed more coking coal compared to the previous year, indicating strong operational performance and positioning in the market.

The most recent analyst rating on (HK:0975) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on Mongolian Mining stock, see the HK:0975 Stock Forecast page.

Mongolian Mining Corporation Announces Board Reshuffle

Mongolian Mining Corporation announced significant changes in its board composition, effective from October 12, 2025. Key resignations include Mr. Od Jambaljamts, Dr. Khashchuluun Chuluundorj, and Mr. Unenbat Jigjid, who have stepped down from their roles due to personal commitments. The company has appointed new members to its board committees, with Ms. Enkhtuvshin Gombo, Ms. Delgerjargal Bayanjargal, and Dr. Tsend-Ayush Tuvshintur taking on leadership roles. These changes are expected to impact the company’s governance and strategic direction, with the board expressing gratitude to the outgoing members for their contributions.

The most recent analyst rating on (HK:0975) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on Mongolian Mining stock, see the HK:0975 Stock Forecast page.

Mongolian Mining Corporation Restructures Board of Directors

Mongolian Mining Corporation has announced a restructuring of its board of directors, effective from October 12, 2025. The board now consists of seven members, including two executive directors, two non-executive directors, and three independent non-executive directors. This restructuring includes the appointment of various directors to key committees such as the Audit Committee, Environmental, Social and Governance Committee, Nomination Committee, and Remuneration Committee. This strategic move is likely to impact the company’s governance and operational oversight, potentially influencing its market positioning and stakeholder relations.

The most recent analyst rating on (HK:0975) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on Mongolian Mining stock, see the HK:0975 Stock Forecast page.

Mongolian Mining Corporation Secures Operations Support for Bayan Khundii Mine

Mongolian Mining Corporation has entered into an Operations Support Agreement with MCS Property to provide essential services such as process commissioning, maintenance, and optimization for its Bayan Khundii mine from September 2025 to August 2028. This agreement, driven by the limited availability of skilled local resources, ensures that the services are conducted on fair and reasonable commercial terms, with internal control measures in place to maintain compliance and efficiency.

The most recent analyst rating on (HK:0975) stock is a Hold with a HK$12.00 price target. To see the full list of analyst forecasts on Mongolian Mining stock, see the HK:0975 Stock Forecast page.

Mongolian Mining Corporation Reports Revenue Decline

Mongolian Mining Corporation (MMC) is a company engaged in the mining, processing, transportation, and sale of coal and gold products, primarily operating in the mining sector with a focus on coking coal.

Mongolian Mining Corporation Secures Operations Support Agreement with MCS Property

Mongolian Mining Corporation’s subsidiary, Erdene Mongol, has entered into an Operations Support Agreement with MCS Property to receive operation and maintenance support services from September 2025 to August 2028. This agreement, valued at approximately US$8 million, involves MCS Property providing commissioning, maintenance, and optimization services, highlighting the company’s strategic efforts to enhance operational efficiency and maintain its competitive position in the mining industry.

The most recent analyst rating on (HK:0975) stock is a Buy with a HK$10.50 price target. To see the full list of analyst forecasts on Mongolian Mining stock, see the HK:0975 Stock Forecast page.

Mongolian Mining Corporation Reports Revenue Decline Amid Strategic Expansion

Mongolian Mining Corporation reported a significant decrease in revenue and profitability for the first half of 2025, with a 35.9% drop in revenue compared to the same period in 2024. The company faced a loss of USD23.3 million, attributed to lower average selling prices and a one-off loss from debt refinancing. Despite these financial challenges, the company has made strategic moves by acquiring a majority stake in Universal Copper LLC and commissioning the Bayan Khundii mine processing plant, with commercial production expected to start in the third quarter of 2025.

The most recent analyst rating on (HK:0975) stock is a Buy with a HK$10.50 price target. To see the full list of analyst forecasts on Mongolian Mining stock, see the HK:0975 Stock Forecast page.

Mongolian Mining Corporation Schedules Board Meeting for Interim Results

Mongolian Mining Corporation has announced that its board of directors will meet on August 28, 2025, to review and approve the interim results for the first half of 2025. The meeting will also consider the declaration of an interim dividend and address other business matters, which could have implications for the company’s financial performance and stakeholder interests.