Breakdown | ||||
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
8.42B | 7.89B | 6.86B | 7.65B | 6.33B | Gross Profit |
3.24B | 2.66B | 2.69B | 3.62B | 2.29B | EBIT |
1.90B | 1.51B | 1.42B | 2.68B | 1.15B | EBITDA |
2.69B | 2.23B | 2.29B | 3.76B | 2.28B | Net Income Common Stockholders |
686.43M | 560.19M | 191.03M | 1.05B | 479.27M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
4.44B | 5.11B | 4.24B | 2.86B | 4.06B | Total Assets |
46.87B | 45.89B | 43.02B | 39.69B | 40.25B | Total Debt |
17.79B | 18.81B | 16.91B | 17.45B | 18.51B | Net Debt |
14.87B | 15.23B | 13.91B | 15.61B | 15.00B | Total Liabilities |
24.62B | 25.84B | 23.29B | 22.63B | 22.89B | Stockholders Equity |
18.86B | 16.61B | 16.30B | 13.55B | 13.95B |
Cash Flow | Free Cash Flow | |||
39.02M | -1.14B | 419.97M | 2.21B | -27.77M | Operating Cash Flow |
1.83B | 692.97M | 2.80B | 3.63B | 1.78B | Investing Cash Flow |
-1.96B | -1.96B | -2.88B | -1.94B | -2.21B | Financing Cash Flow |
-551.68M | 1.83B | 1.24B | -3.27B | 2.78B |
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.
Zhaojin Mining Industry Co., Ltd. has announced that its board of directors will hold a meeting on April 21, 2025, to review and approve the unaudited consolidated first quarterly report for the period ending March 31, 2025. This meeting is significant as it will provide insights into the company’s financial performance for the first quarter, potentially impacting its market positioning and stakeholder confidence.
Zhaojin Mining Industry Company Limited has successfully completed the placing of 140,000,000 new H Shares under its General Mandate, raising approximately HK$1,970.3 million in net proceeds. The funds will be used to replenish working capital and repay bank loans. This move increases the total issued shares of the company and strengthens its financial position without any of the new shareholders becoming substantial shareholders.
Zhaojin Mining Industry Co., Ltd. announced a placement of new H shares under a general mandate, aiming to issue up to 140 million new H shares at HK$14.16 per share. The placement is expected to raise approximately HK$1,970.5 million in net proceeds, which will be used to replenish working capital and repay bank loans. The completion of this placement is contingent upon certain conditions, and the company has applied for the listing of these shares. This move is likely to impact the company’s financial stability by improving liquidity and reducing debt, potentially enhancing its market position.
Zhaojin Mining Industry Co., Ltd. reported a substantial financial performance for the year ending December 31, 2024, with a 37.12% increase in revenue to approximately RMB11.55 billion and a 120.81% rise in net profit to approximately RMB1.85 billion compared to the previous year. The company also announced a proposed cash dividend of RMB0.05 per share, reflecting its robust growth and profitability, which underscores its strengthened position in the mining industry and offers positive implications for its stakeholders.
Zhaojin Mining Industry Co. announced a final ordinary cash dividend of RMB 0.05 per share for the financial year ending December 31, 2024. The dividend, subject to shareholder approval on June 2, 2025, will be paid on June 30, 2025. The announcement includes details on withholding tax rates applicable to non-resident shareholders, reflecting the company’s compliance with international tax treaties and its commitment to transparent financial practices.
Zhaojin Mining Industry Co., Ltd. has announced a capital increase in Shandong Ruiyin, with a total contribution of approximately RMB689.07 million, shared between the company and Zijin Investment. This capital increase aims to support the construction and development of the Haiyu Gold Mine, China’s largest standalone gold mine, which is expected to enhance the company’s gold reserves and production, providing positive returns for shareholders.
Zhaojin Mining Industry Co. has announced a board meeting scheduled for March 21, 2025, to review and approve the company’s annual results for the year ending December 31, 2024. The meeting will also consider the publication of these results and the declaration of a final dividend, which could impact shareholder returns and the company’s financial outlook.
Zhaojin Mining Industry Co. held its first extraordinary general meeting of 2025, where shareholders voted on several key resolutions, including the re-election of directors and supervisors for the eighth session of the board and supervisory committee. The meeting saw a significant turnout, with 68.37% of voting shares represented. All proposed resolutions were passed by a majority vote, indicating strong shareholder support for the current leadership and strategic direction of the company.
Zhaojin Mining Industry Co., Ltd. has announced the composition of its board of directors and the roles of its members. The board includes executive, non-executive, and independent non-executive directors, and has established five specialized committees to oversee various aspects of the company’s operations. This announcement highlights the company’s commitment to structured governance and strategic oversight, which may impact its operational efficiency and stakeholder confidence.
Zhaojin Mining Industry Co. has announced its 2025 first extraordinary general meeting to be held on February 26, 2025, in Shandong Province, China. The meeting will focus on re-electing directors and supervisors for the board and supervisory committee, approving remuneration packages, and providing guarantees for subsidiaries with high debt-to-equity ratios, impacting company governance and financial structuring.