Persistence Resources Group Ltd (HK:2489)
:2489
Want to see HK:2489 full AI Analyst Report?
Top Page
Persistence Resources Group Ltd
(2489)
Select Model
Select Model
Rating:66Neutral
Price Target:
HK$1.00
▼(-8.26% Downside)
Action:ReiteratedDate:04/30/26
The score is primarily supported by strong operating performance and a generally conservative balance sheet, but it is held back by weaker 2025 free cash flow and increased debt. Technicals are mixed with only modest near-term momentum and a weaker longer-term trend, while valuation looks on the expensive side despite a moderate dividend yield.
Positive Factors
Revenue Growth
Sustained top-line expansion—including a multi-year step-up and 2025 growth—indicates broad demand and improving market penetration. Durable revenue momentum supports scale benefits, underwriting longer-term investment, pricing leverage, and reinvestment capacity over the next several quarters.
Negative Factors
Free Cash Flow Decline
A large drop in free cash flow halves discretionary cash available for debt paydown, dividends, or reinvestment. Even with positive operating cash flow, lower FCF signals weaker cash conversion or higher capex/working capital needs, constraining strategic flexibility over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained top-line expansion—including a multi-year step-up and 2025 growth—indicates broad demand and improving market penetration. Durable revenue momentum supports scale benefits, underwriting longer-term investment, pricing leverage, and reinvestment capacity over the next several quarters.
Read all positive factors
Persistence Resources Group Ltd (2489) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$2.64B
Dividend Yield2.78%
Average Volume (3M)18.64M
Price to Earnings (P/E)18.6
Beta (1Y)-0.06
Revenue Growth26.00%
EPS Growth1.94%
CountryHK
Employees506
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)0.01
Shares Outstanding2,400,000,000
10 Day Avg. Volume20,649,300
30 Day Avg. Volume18,644,204
Financial Highlights & Ratios
PEG Ratio-12.19
Price to Book (P/B)1.47
Price to Sales (P/S)3.27
P/FCF Ratio25.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Persistence Resources Group Ltd Business Overview & Revenue Model
Company Description
Persistence Resources Group Ltd engages in the exploration, mining, and processing of gold properties in China. It operates two operating gold mines, including the Songjiagou Open-Pit Mine and the Songjiagou Underground Mine located in Songjiagou,...
Persistence Resources Group Ltd Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
86
Very Positive
Cash Flow
58
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 612.52M | 499.50M | 383.46M | 418.41M | 247.87M |
| Gross Profit | 322.80M | 253.76M | 183.25M | 251.84M | 166.40M |
| EBITDA | 323.07M | 247.96M | 196.92M | 222.79M | 135.63M |
| Net Income | 107.78M | 104.76M | 65.03M | 83.21M | 41.62M |
Balance Sheet | |||||
| Total Assets | 2.29B | 1.25B | 1.22B | 994.80M | 948.75M |
| Cash, Cash Equivalents and Short-Term Investments | 1.13B | 639.60M | 593.50M | 282.19M | 182.40M |
| Total Debt | 244.90M | 746.00K | 30.00M | 30.00M | 30.00M |
| Total Liabilities | 692.63M | 201.50M | 241.97M | 235.71M | 300.98M |
| Stockholders Equity | 1.36B | 883.46M | 911.40M | 553.87M | 597.73M |
Cash Flow | |||||
| Free Cash Flow | 79.72M | 169.64M | 97.21M | 167.73M | 58.59M |
| Operating Cash Flow | 215.86M | 212.19M | 174.33M | 232.93M | 135.77M |
| Investing Cash Flow | -142.84M | -56.98M | -75.51M | -56.06M | -87.80M |
| Financing Cash Flow | 395.63M | -107.18M | 206.31M | -54.79M | -45.13M |
Persistence Resources Group Ltd Technical Analysis
Negative
1.09
Price Trends
1.09
Negative
1.16
Negative
1.34
Negative
Market Momentum
-0.02
Negative
43.73
Neutral
26.19
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2489, the sentiment is Negative. The current price of 1.09 is above the 20-day moving average (MA) of 1.01, above the 50-day MA of 1.09, and below the 200-day MA of 1.34, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 43.73 is Neutral, neither overbought nor oversold. The STOCH value of 26.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2489.
Persistence Resources Group Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | HK$1.52B | 3.46 | 42.54% | ― | 63.46% | 225.78% | |
77 Outperform | HK$15.14B | 14.89 | 23.61% | 0.44% | 49.31% | 262.43% | |
66 Neutral | HK$2.64B | 18.61 | 10.43% | 2.78% | 26.00% | 1.94% | |
64 Neutral | HK$28.64B | 13.75 | 33.81% | 1.40% | 10.57% | 112.84% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | HK$4.32B | 21.71 | 18.35% | ― | 59.18% | 28.00% | |
40 Underperform | HK$798.66M | -31.17 | -1.02% | ― | ― | -25.51% |
* Basic Materials Sector Average
HK:2489
Persistence Resources Group Ltd
1.10
-0.08
-6.78%
HK:1712
Dragon Mining
7.99
5.32
199.25%
HK:0340
Tongguan Gold Group Ltd.
2.85
1.66
138.69%
HK:3330
Lingbao Gold Group Company Ltd. Class H
20.72
12.49
151.70%
HK:0621
Taung Gold International Limited
0.44
-0.28
-38.89%
HK:8299
Grand T G Gold Holdings Ltd
0.51
0.34
200.00%
Persistence Resources Group Ltd Corporate Events
Persistence Gold Elevates Malaihollo to Executive Role to Drive Overseas Gold Expansion
Apr 8, 2026
Persistence Gold Group Ltd has redesignated Dr. Malaihollo Jeffrey Francis A from an independent non-executive director to an executive director, effective 8 April 2026, tasking him with leading business development for overseas gold mining invest...
Persistence Gold Group Overhauls Board Structure and Committee Roles
Apr 8, 2026
Persistence Gold Group Ltd has announced an updated composition of its board of directors, effective 8 April 2026, led by Chairman and Chief Executive Officer Dr. Shao Xuxin alongside three other executive directors, one non-executive director, an...
Persistence Gold lifts revenue and EPS in 2025 but withholds final dividend
Mar 31, 2026
Persistence Gold Group Ltd reported a 25.9% rise in revenue to RMB628.8 million for 2025, driven by higher sales in its gold-related operations, while overall net profit edged down 1.6% to RMB144.3 million. Earnings attributable to shareholders ro...
Persistence Gold Resumes Output at Yantai Mujin Mine
Mar 22, 2026
Persistence Gold Group Ltd has announced that its Yantai Mujin operation has resumed production after a temporary suspension earlier in February 2026. The company stated that the disruption was brief and is not expected to have a material impact o...
Persistence Gold Resumes Production at Yantai Zhongjia Mine
Mar 17, 2026
Persistence Gold Group Ltd has announced that operations and production at its Yantai Zhongjia underground mine have resumed, following a previously disclosed suspension. The board expects that the brief interruption will not materially affect the...
Persistence Gold Group Resumes Open-Pit Production at Yantai Zhongjia
Mar 10, 2026
Persistence Gold Group Ltd has announced that open-pit operations at its Yantai Zhongjia project have resumed, following a previously disclosed suspension of production in February 2026. The restart of mining is expected to normalize the company&#...
Persistence Gold Sets March 31 Board Meeting to Approve 2025 Annual Results
Mar 9, 2026
Persistence Gold Group Ltd has scheduled a board meeting for 31 March 2026 to review and approve the annual results of the company and its subsidiaries for the financial year ended 31 December 2025. The board will also consider a proposed profit d...
Persistence Gold Halts Yantai Output but Presses Ahead With Global Expansion Plans
Feb 10, 2026
Persistence Gold Group has temporarily halted production at its Yantai Zhongjia and Yantai Mujin gold mining subsidiaries in Yantai after local authorities ordered all non-involved mining enterprises to cease operations following a severe accident...
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.