Zijin Mining Group Co (2899) AI Stock Analysis

• Market Cap: HK$1.03T
• Dividend Yield: 1.55%
• Average Volume (3M): 86.23M
• Price to Earnings (P/E): 10.1
• Beta (1Y): 0.92
• Revenue Growth: 22.04%
• EPS Growth: 75.35%
• Country: HK
• Employees: 55,690
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.85
• Shares Outstanding: 5,988,921,400
• 10 Day Avg. Volume: 94,567,251
• 30 Day Avg. Volume: 86,234,990
• PEG Ratio: 0.26
• Price to Book (P/B): 4.53
• Price to Sales (P/S): 2.45
• P/FCF Ratio: 18.74
• 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$51.38
• Price Target Upside: 40.30% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): 3.02
• Revenue Forecast (FY): HK$487.21B

• Rating: 65 Neutral
• Price Target: HK$41.00 ▲(11.96% Upside)
• Action: Reiterated Date: 04/22/26
• Date: Action: Reiterated 04/22/26

Positive Factors

Margin Improvement

Sustained margin expansion to ~15% indicates structural improvement in operating efficiency and pricing capture. Higher margins strengthen durable profit generation, support reinvestment and returns, and improve resilience to cyclical metal price dips over the next several quarters.

Negative Factors

Weak Cash Conversion

Cash conversion at roughly 58–60% of net income means reported earnings are not fully becoming cash. This persistent gap can constrain liquidity, limit self-funded growth, and amplify the impact of working-capital swings or one-off charges, leaving less buffer in adverse commodity cycles.

Zijin Mining Group Co Business Overview & Revenue Model

Company Description

Zijin Mining Group Company Limited, together with its subsidiaries, engages in prospecting, exploration, and mining mineral resources in Mainland China. It primarily produces gold bullion; gold, copper, zinc, tungsten, lead, and iron ore concentra...

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Zijin Mining Group Company Limited, together with its subsidiaries, engages in prospecting, exploration, and mining mineral resources in Mainland China. It primarily produces gold bullion; gold, copper, zinc, tungsten, lead, and iron ore concentra...

How the Company Makes Money

Zijin Mining primarily makes money by producing and selling mined metals, with revenue largely driven by (1) gold sales and (2) copper sales, and supplemented by sales of other metal by-products from its operations. Its revenue model is production...

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Zijin Mining primarily makes money by producing and selling mined metals, with revenue largely driven by (1) gold sales and (2) copper sales, and supplemented by sales of other metal by-products from its operations. Its revenue model is production...

Zijin Mining Group Co Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	367.73B	340.04B	303.64B	293.40B	270.33B	225.10B
Gross Profit	114.18B	96.79B	61.86B	46.38B	42.54B	34.75B
EBITDA	101.39B	89.25B	62.46B	40.39B	43.00B	32.20B
Net Income	61.30B	51.78B	32.05B	21.12B	20.04B	15.67B
Balance Sheet
Total Assets	548.08B	513.93B	396.61B	343.01B	306.04B	208.59B
Cash, Cash Equivalents and Short-Term Investments	111.84B	75.60B	37.69B	24.89B	25.34B	17.16B
Total Debt	187.35B	169.84B	129.99B	122.83B	123.18B	77.30B
Total Liabilities	284.69B	266.67B	218.88B	204.64B	181.59B	115.70B
Stockholders Equity	196.62B	184.01B	139.79B	107.51B	88.94B	71.03B
Cash Flow
Free Cash Flow	59.18B	44.46B	24.06B	6.43B	3.88B	5.92B
Operating Cash Flow	90.79B	74.64B	48.86B	36.86B	28.68B	26.07B
Investing Cash Flow	-36.26B	-31.66B	-32.24B	-33.96B	-50.98B	-23.76B
Financing Cash Flow	1.08B	-10.29B	-4.43B	-5.82B	27.26B	23.32M

Zijin Mining Group Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 36.62
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2899, the sentiment is Negative. The current price of 36.62 is above the 20-day moving average (MA) of 35.71, below the 50-day MA of 39.27, and above the 200-day MA of 32.18, indicating a neutral trend. The MACD of -0.40 indicates Negative momentum. The RSI at 47.58 is Neutral, neither overbought nor oversold. The STOCH value of 61.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2899.

Zijin Mining Group Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6693	77 Outperform	HK$86.12B	17.50	27.52%	0.54%	48.74%	56.71%
1818	70 Outperform	HK$104.08B	27.53	11.01%	0.16%	56.67%	139.25%
2899	65 Neutral	HK$1.03T	10.07	30.60%	1.55%	22.04%	75.35%
3330	64 Neutral	HK$31.46B	13.75	33.81%	1.40%	10.57%	112.84%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
1787	55 Neutral	HK$178.98B	33.06	―	0.93%	―	―

Zijin Mining Group Co Corporate Events