Zhaojin Mining Industry Co (1818) AI Stock Analysis

• Market Cap: HK$70.71B
• Dividend Yield: 0.27%
• Average Volume (3M): 12.77M
• Price to Earnings (P/E): 42.7
• Beta (1Y): 0.54
• Revenue Growth: 35.04%
• EPS Growth: 102.30%
• Country: HK
• Employees: 7,036
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Gold
• EPS (TTM): 0.19
• Shares Outstanding: 2,881,555,700
• 10 Day Avg. Volume: 12,226,031
• 30 Day Avg. Volume: 12,773,204
• PEG Ratio: 0.21
• Price to Book (P/B): 1.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 11.50
• 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: HK$18.68
• Price Target Upside: -6.40% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: ―

Zhaojin Mining Industry Co exhibits strong financial performance with robust revenue and profit growth, despite lacking cash flow data. The technical analysis indicates a bullish trend, supporting a positive outlook. However, the high P/E ratio suggests potential overvaluation, which is a significant risk factor.

Zhaojin Mining Industry Co Business Overview & Revenue Model

Company Description

Zhaojin Mining Industry Co., Ltd. is a leading Chinese gold mining company headquartered in Zhaoyuan City, Shandong Province, China. The company is primarily engaged in the exploration, mining, processing, and smelting of gold. In addition to gold, Zhaojin Mining also deals with the mining and production of other precious metals such as silver and copper. The company operates several mines across China and leverages advanced technology and sustainable practices to maximize resource extraction and production efficiency.

How the Company Makes Money

Zhaojin Mining Industry Co. generates revenue primarily through the sale of gold and other precious metals. The company extracts these metals from its mines, processes the raw materials, and then sells the refined products to various customers, including jewelry manufacturers, financial institutions, and industrial clients. A significant portion of revenue comes from gold due to its high value and demand in both domestic and international markets. Additionally, Zhaojin Mining benefits from its strategic partnerships and joint ventures with other mining companies, which help it expand its operations and access new resources. The company's focus on technological innovation and sustainable mining practices also contributes to reducing operational costs and enhancing profitability.

Zhaojin Mining Industry Co Financial Statement Overview

Summary

Zhaojin Mining Industry Co has demonstrated strong revenue and profit growth, supported by solid margins and a stable balance sheet. However, the absence of cash flow data for 2024 poses a challenge in assessing cash flow performance.

Income Statement

Zhaojin Mining Industry Co has shown consistent revenue growth, with a significant increase of 37.1% from 2023 to 2024. The gross profit margin for 2024 was strong at 39.0%, and the net profit margin was 12.6%, reflecting solid profitability. The EBIT margin was 25.7% and the EBITDA margin was 31.8%, indicating efficient operating performance. The company has demonstrated robust revenue and profit growth, contributing to a high score.

Balance Sheet

The debt-to-equity ratio for 2024 was 0.95, indicating a balanced leverage position. The return on equity (ROE) was 6.8%, showing reasonable efficiency in generating profit from shareholders' equity. The equity ratio was 39.5%, suggesting a stable financial structure. The balance sheet reflects a sound financial position, although further improvement in ROE could enhance the score.

Cash Flow

The company reported zero operating and free cash flows for 2024, making it challenging to assess cash flow performance. Previously, free cash flow had been volatile, with significant fluctuations in growth rates. The lack of cash flow data for 2024 limits the evaluation of the company's cash generation ability, leading to a moderate score.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.55B	8.42B	7.89B	6.86B	7.65B
Gross Profit	4.52B	3.24B	2.66B	2.69B	3.62B
EBITDA	4.03B	2.69B	2.23B	2.29B	3.76B
Net Income	1.45B	686.43M	560.19M	191.03M	1.05B
Balance Sheet
Total Assets	53.57B	46.87B	45.89B	43.02B	39.69B
Cash, Cash Equivalents and Short-Term Investments	3.59B	4.44B	5.11B	4.24B	2.86B
Total Debt	20.05B	17.79B	18.81B	16.91B	17.45B
Total Liabilities	28.38B	24.62B	25.84B	23.29B	22.63B
Stockholders Equity	21.18B	18.86B	16.61B	16.30B	13.55B
Cash Flow
Free Cash Flow	527.39M	39.02M	-1.14B	419.97M	2.21B
Operating Cash Flow	2.60B	1.83B	692.97M	2.80B	3.63B
Investing Cash Flow	-5.30B	-1.96B	-1.96B	-2.88B	-1.94B
Financing Cash Flow	1.82B	-551.68M	1.83B	1.24B	-3.27B

Zhaojin Mining Industry Co Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 19.96
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1818, the sentiment is Neutral. The current price of 19.96 is below the 20-day moving average (MA) of 20.47, above the 50-day MA of 19.76, and above the 200-day MA of 14.96, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 41.88 is Neutral, neither overbought nor oversold. The STOCH value of 20.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1818.

Zhaojin Mining Industry Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1787	76 Outperform	HK$145.50B	42.94	10.43%	1.25%	36.74%	36.49%
2899	75 Outperform	HK$541.47B	13.54	27.63%	1.55%	3.41%	60.46%
0340	71 Outperform	€9.19B	40.66		0.57%	7.19%	262.94%
1818	70 Outperform	HK$70.71B	42.66	11.20%	0.27%	35.04%	102.30%
3330	64 Neutral	€12.39B	15.65	22.79%	7.10%	10.21%	77.99%
Sector *	58 Neutral	HK$16.33B	4.50	-5.52%	4.88%	-3.57%	-61.41%
0621	47 Neutral	HK$1.03B	―	-1.05%	―	―	64.29%

Zhaojin Mining Industry Co Corporate Events

Zhaojin Mining Approves Key Resolutions at Class Meetings

Zhaojin Mining Industry Co., Ltd. held its Domestic Share Class Meeting and H Share Class Meeting on June 2, 2025, where all proposed resolutions were passed unanimously. The resolutions included granting the Board a mandate to repurchase H Shares and approving amendments to the Articles of Association. These decisions reflect the company’s strategic efforts to enhance shareholder value and streamline its governance structure, potentially impacting its market operations and stakeholder relations positively.

The most recent analyst rating on (HK:1818) stock is a Buy with a HK$15.40 price target. To see the full list of analyst forecasts on Zhaojin Mining Industry Co stock, see the HK:1818 Stock Forecast page.

Zhaojin Mining Announces Final Dividend for 2024

Zhaojin Mining Industry Co. has announced a final cash dividend of RMB 0.05 per share for the financial year ending December 31, 2024, with the payment to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09. The dividend will be distributed to shareholders on June 30, 2025, with specific withholding tax rates applied based on bilateral tax treaties between China and other countries, impacting non-resident shareholders differently based on their country of residence.

The most recent analyst rating on (HK:1818) stock is a Buy with a HK$15.40 price target. To see the full list of analyst forecasts on Zhaojin Mining Industry Co stock, see the HK:1818 Stock Forecast page.

Zhaojin Mining Approves Key Resolutions at 2024 AGM

Zhaojin Mining Industry Co., Ltd. held its 2024 Annual General Meeting (AGM) where several key resolutions were passed. The meeting, which saw a significant shareholder turnout, approved the board’s report, the supervisory committee’s report, the audited financial report, and the proposed distribution plan for the year ended December 31, 2024. Additionally, the re-appointment of Ernst & Young and Ernst & Young Hua Ming LLP as auditors for the upcoming year was confirmed. This AGM marks a continuation of the company’s strategic plans and financial transparency, reinforcing its position in the mining industry.

The most recent analyst rating on (HK:1818) stock is a Buy with a HK$15.40 price target. To see the full list of analyst forecasts on Zhaojin Mining Industry Co stock, see the HK:1818 Stock Forecast page.

Zhaojin Mining Schedules 2024 AGM with Key Resolutions

Zhaojin Mining Industry Co., Ltd. has announced the schedule for its 2024 Annual General Meeting, set for June 2, 2025, in Shandong Province, China. The AGM will address ordinary resolutions such as approving the board’s report, the supervisory committee’s report, the audited financial report, and the distribution plan for 2024. Additionally, there will be a proposal for the re-appointment of Ernst & Young as auditors. Special resolutions include granting the board a general mandate to issue additional shares, which could impact the company’s capital structure and market operations.

Zhaojin Mining Announces Share Repurchase and Governance Amendments

Zhaojin Mining Industry Co., Ltd. has announced a domestic share class meeting to be held on June 2, 2025, to discuss special resolutions including the repurchase of H shares and amendments to the Articles of Association. The proposed share repurchase plan allows the company to buy back up to 10% of its issued H shares, providing flexibility in capital management and potentially enhancing shareholder value. Amendments to the Articles of Association aim to align the company’s governance framework with current regulatory standards, ensuring operational efficiency and compliance.

Zhaojin Mining Announces H Share Repurchase and Articles Amendment

Zhaojin Mining Industry Company Limited has announced a special resolution to repurchase up to 10% of its issued H Shares, excluding Treasury Shares, as part of a strategic initiative to manage its capital. The board is authorized to determine the specifics of the repurchase plan, including price and timing, and to decide on the use of repurchased shares, which may include cancellation or holding as Treasury Shares. Additionally, the company proposes amendments to its Articles of Association to reflect these changes, indicating a proactive approach to capital management and regulatory compliance.

Zhaojin Mining Proposes Amendments to Articles of Association After Share Placement

Zhaojin Mining Industry Company Limited has announced proposed amendments to its Articles of Association following the successful placement of 140 million new H shares, which increased the total issued shares to 3.54 billion. This change in shareholding structure necessitates updates to the company’s registered capital and share capital structure, reflecting a shift in the proportion of domestic and overseas shareholders. The amendments have been approved by the board and will be presented at the 2024 annual general meeting for further consideration, indicating a strategic move to accommodate the company’s expanded shareholder base.

Zhaojin Mining Reports Strong First Quarter Financial Results for 2025

Zhaojin Mining Industry Company Limited has released its unaudited first quarterly financial results for 2025, showing a notable increase in both current and non-current assets compared to the end of 2024. This financial performance reflects the company’s ongoing efforts to strengthen its market position and operational capabilities, potentially impacting stakeholders positively by enhancing its financial stability and growth prospects.