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CGN Mining Co
(OTC:1164)
CGN Mining Co (1164) vs. iShares MSCI Hong Kong ETF (EWH)
CGN Mining Co Business Overview & Revenue Model
CGN Mining Co Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 8.62B | 7.36B | 3.65B | 3.86B | 2.86B | Gross Profit |
| -66.12M | 131.93M | 148.03M | 88.28M | 202.77M | EBIT |
| -137.70M | 61.14M | 89.40M | 36.04M | 157.54M | EBITDA |
| -127.91M | 692.81M | 107.34M | 108.01M | 226.42M | Net Income Common Stockholders |
| 341.98M | 497.10M | 514.91M | 178.50M | 155.22M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.15B | 1.02B | 52.39M | 81.29M | 1.17B | Total Assets |
| 7.84B | 6.75B | 6.87B | 6.35B | 4.19B | Total Debt |
| 2.92B | 1.76B | 2.40B | 3.03B | 1.96B | Net Debt |
| 1.77B | 745.85M | 2.35B | 2.95B | 786.11M | Total Liabilities |
| 3.92B | 2.87B | 3.52B | 4.19B | 2.16B | Stockholders Equity |
| 3.92B | 3.88B | 3.35B | 2.16B | 2.03B |
| Cash Flow | Free Cash Flow | |||
| -903.41M | 1.04B | 463.74M | 242.30M | -327.12M | Operating Cash Flow |
| -903.36M | 1.04B | 464.33M | 242.69M | -326.59M | Investing Cash Flow |
| 577.25M | 498.79M | -592.00K | -3.37B | -524.00K | Financing Cash Flow |
| 471.39M | -581.91M | -481.74M | 2.03B | 823.73M |
CGN Mining Co Technical Analysis
CGN Mining Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | €898.16B | 5.75 | 19.25% | 7.66% | 5.62% | -0.74% | |
77 Outperform | HK$115.59B | 5.35 | 22.05% | 18.39% | 2.87% | ― | |
73 Outperform | HK$55.57B | 8.98 | 7.81% | 3.62% | 7.72% | 2.35% | |
66 Neutral | HK$31.57B | 17.80 | 7.73% | ― | -0.40% | 2.61% | |
63 Neutral | $16.34B | 47.78 | 13.49% | 0.20% | 17.13% | -31.19% | |
61 Neutral | $26.57B | 39.24 | 0.58% | ― | -8.96% | ― | |
57 Neutral | $7.22B | 3.16 | -4.49% | 5.63% | 0.82% | -49.15% |
CGN Mining Co Corporate Events
CGN Mining Co has entered into new framework agreements to continue its transactions related to the sale of natural uranium and financial services with its subsidiaries, extending these agreements for another three years starting January 2026. These agreements, which involve major transactions and connected transactions under the Hong Kong Listing Rules, require approval from independent shareholders and are subject to annual reporting and review requirements.
The most recent analyst rating on (HK:1164) stock is a Buy with a HK$2.36 price target. To see the full list of analyst forecasts on CGN Mining Co stock, see the HK:1164 Stock Forecast page.
CGN Mining Company Limited announced a reduction in the long position of its controlling shareholder, CGNPC, from 57.01% to 56.43% following the disposal of shares by CGN Investment HK. Despite this reduction, CGNPC maintains confidence in the company and its subsidiary, China Uranium Development, which has retained its shares since 2011. The disposals were part of CGN Investment HK’s investment strategy, and none of the shares were acquired by connected persons of the company.
The most recent analyst rating on (HK:1164) stock is a Buy with a HK$2.36 price target. To see the full list of analyst forecasts on CGN Mining Co stock, see the HK:1164 Stock Forecast page.
CGN Mining Company Limited has announced its upcoming Annual General Meeting (AGM) scheduled for June 19, 2025, in Beijing. Key agenda items include the adoption of financial statements for the year ending December 31, 2024, the declaration of a final cash dividend of HK0.7 cents per share, and the re-election of several directors. Additionally, the company plans to re-appoint BDO Limited as auditors and authorize the board to fix their remuneration. The AGM will also consider resolutions to allow the directors to issue additional shares, subject to certain conditions.
The most recent analyst rating on (HK:1164) stock is a Buy with a HK$2.36 price target. To see the full list of analyst forecasts on CGN Mining Co stock, see the HK:1164 Stock Forecast page.
In the first quarter of 2025, CGN Mining Co. exceeded its natural uranium production targets, achieving a 110.7% completion rate, with significant contributions from its Kazakhstan-based joint ventures, Semizbay-U and Ortalyk. The company also reported holding substantial uranium inventory and entered new contracts for procurement and sales, indicating robust trading activity. However, the data is preliminary and subject to change, and stakeholders are cautioned about potential risks due to external factors.
CGN Mining Company Limited has announced a significant change in its leadership structure, effective April 15, 2025. Mr. Wang Xianfeng has transitioned from the role of Chief Executive Officer to a non-executive Director while continuing as the Chairman of the Board. Mr. Qiu Bin, with over 30 years of experience in the nuclear fuel industry, has been appointed as the new Chief Executive Officer and an executive Director. This change aims to clearly delineate the responsibilities between the Chairman and CEO roles, potentially impacting the company’s strategic direction and operational efficiency. Additionally, Mr. Yin Xiong has resigned as a non-executive Director due to retirement, with no disagreements or issues reported.
CGN Mining Company Limited, incorporated in the Cayman Islands, has announced its updated list of directors and their roles within the company. The board comprises executive, non-executive, and independent non-executive directors, each serving on various committees such as Audit, Remuneration, Nomination, and Environmental, Social and Governance. This announcement provides clarity on the governance structure and committee responsibilities, potentially impacting the company’s strategic direction and stakeholder engagement.
CGN Mining Co announced its audited consolidated results for the year ending December 31, 2024. The company reported a profit from continuing operations of HK$526.7 million, an increase from HK$486.6 million in the previous year. However, the overall profit attributable to owners of the company decreased to HK$342 million from HK$497.1 million due to losses from discontinued operations. The earnings per share from continuing operations rose to HK6.93 cents, while the overall earnings per share declined to HK4.50 cents. The announcement highlights a challenging year with a gross loss, but strong contributions from joint ventures and associates helped maintain profitability.
CGN Mining Company Limited announced a final cash dividend of HKD 0.007 per share for the financial year ending December 31, 2024. The dividend reflects the company’s commitment to returning value to shareholders and is scheduled for payment on July 30, 2025, following shareholder approval in June. This announcement underscores CGN Mining’s stable financial performance and its strategic focus on maintaining shareholder confidence.
CGN Mining Company Limited has issued a profit warning, indicating an expected increase in profit from continuing operations before taxation by approximately HK$230 million to HK$280 million for the year ended December 31, 2024, compared to 2023. This increase is attributed to a rise in natural uranium prices, benefiting the company’s joint ventures and associates. However, the net profit is expected to decrease by HK$130 million to HK$180 million due to increased income tax expenses, particularly in Kazakhstan, and a loss from discontinued operations following a share swap acquisition involving Fission Uranium Corp.
CGN Mining Company Limited has announced changes to its board of directors and committees. Mr. Qiu Xianhong has resigned from his position as an independent non-executive director and several committee roles to focus on personal matters. In his place, Ms. Dai Qijia has been appointed as an independent non-executive director, chairwoman of the remuneration committee, and a member of the audit and nomination committees. Ms. Dai brings 17 years of experience in capital market investment and financing. Additionally, Mr. Zhang Yuntao has been re-designated as the chairman of the audit committee.
CGN Mining Co has announced the composition of its board of directors and their respective roles within the company’s various committees. This announcement outlines the leadership structure, which includes executive, non-executive, and independent non-executive directors, highlighting the company’s commitment to governance and strategic oversight.
CGN Mining Company Limited has announced that its board of directors will meet on March 20, 2025, to review and approve the company’s annual financial results for the year ending December 31, 2024. The meeting will also consider the potential declaration of a final dividend. This announcement is significant as it may impact the company’s financial standing and shareholder returns, reflecting its performance and strategic decisions in the past year.