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Zhaojin Mining Industry Co Ltd Class H (HK:1818)
:1818

Zhaojin Mining Industry Co (1818) AI Stock Analysis

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HK

Zhaojin Mining Industry Co

(OTC:1818)

Rating:70Outperform
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 (1818) vs. iShares MSCI Hong Kong ETF (EWH)

Zhaojin Mining Industry Co Business Overview & Revenue Model

Company DescriptionZhaojin 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 MoneyZhaojin 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
78
Positive
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
72
Positive
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
60
Neutral
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 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
11.55B8.42B7.89B6.86B7.65B
Gross Profit
4.52B3.24B2.66B2.69B3.62B
EBIT
3.03B1.90B1.51B1.42B2.68B
EBITDA
4.03B2.69B2.23B2.29B3.76B
Net Income Common Stockholders
1.45B686.43M560.19M191.03M1.05B
Balance SheetCash, Cash Equivalents and Short-Term Investments
3.59B4.44B5.11B4.24B2.86B
Total Assets
53.57B46.87B45.89B43.02B39.69B
Total Debt
20.05B17.79B18.81B16.91B17.45B
Net Debt
18.02B14.87B15.23B13.91B15.61B
Total Liabilities
28.38B24.62B25.84B23.29B22.63B
Stockholders Equity
21.18B18.86B16.61B16.30B13.55B
Cash FlowFree Cash Flow
527.39M39.02M-1.14B419.97M2.21B
Operating Cash Flow
2.60B1.83B692.97M2.80B3.63B
Investing Cash Flow
-5.30B-1.96B-1.96B-2.88B-1.94B
Financing Cash Flow
1.82B-551.68M1.83B1.24B-3.27B

Zhaojin Mining Industry Co Technical Analysis

Technical Analysis Sentiment
Positive
Last Price20.25
Price Trends
50DMA
19.08
Positive
100DMA
16.61
Positive
200DMA
14.45
Positive
Market Momentum
MACD
0.49
Positive
RSI
52.40
Neutral
STOCH
41.38
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1818, the sentiment is Positive. The current price of 20.25 is below the 20-day moving average (MA) of 20.43, above the 50-day MA of 19.08, and above the 200-day MA of 14.45, indicating a neutral trend. The MACD of 0.49 indicates Positive momentum. The RSI at 52.40 is Neutral, neither overbought nor oversold. The STOCH value of 41.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1818.

Zhaojin Mining Industry Co Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
HK$151.30B45.3310.43%1.18%36.74%36.49%
75
Outperform
HK$525.48B13.0027.63%11.46%3.41%60.46%
72
Outperform
€10.69B46.24
7.19%262.94%
70
Outperform
$71.56B43.1711.20%0.27%35.04%102.30%
68
Neutral
HK$12.83B16.2022.79%6.86%10.21%77.99%
51
Neutral
$1.99B-1.26-21.11%5.30%2.92%-30.46%
47
Neutral
HK$1.16B-0.81%64.29%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1818
Zhaojin Mining Industry Co
20.25
6.65
48.85%
HK:0621
Taung Gold International Limited
0.06
0.03
100.00%
HK:1787
Shandong Gold Mining Co., Ltd. Class H
26.95
11.29
72.09%
HK:0340
Tongguan Gold Group Ltd.
2.40
1.88
364.22%
HK:2899
Zijin Mining Group Co
19.18
2.82
17.27%
HK:3330
Lingbao Gold Group Company Ltd. Class H
10.08
7.07
235.33%

Zhaojin Mining Industry Co Corporate Events

Zhaojin Mining Approves Key Resolutions at Class Meetings
Jun 2, 2025

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
Jun 2, 2025

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
Jun 2, 2025

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
May 9, 2025

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
May 9, 2025

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
May 9, 2025

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
May 9, 2025

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
Apr 21, 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.

Zhaojin Mining to Review Q1 2025 Financial Performance
Apr 8, 2025

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 Completes HK$1.97 Billion H Share Placement
Mar 31, 2025

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 Announces HK$1.97 Billion H Share Placement
Mar 23, 2025

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 Reports Strong Financial Growth in 2024
Mar 21, 2025

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 Announces Final Dividend for 2024
Mar 21, 2025

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 Boosts Investment in Shandong Ruiyin to Enhance Gold Production
Mar 21, 2025

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.

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.