Lingbao Gold Group Company Ltd. Class H (3330) AI Stock Analysis

• Market Cap: €13.10B
• Dividend Yield: 0.08%
• Average Volume (3M): 11.20M
• Price to Earnings (P/E): 16.9
• Beta (1Y): 0.28
• Revenue Growth: 10.21%
• EPS Growth: 77.99%
• Country: HK
• Employees: 3,618
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Gold
• EPS (TTM): 0.48
• Shares Outstanding: 1,105,579,000
• 10 Day Avg. Volume: 7,570,249
• 30 Day Avg. Volume: 11,204,396
• PEG Ratio: 0.03
• Price to Book (P/B): 0.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.59
• 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: €11.01
• Price Target Upside: 8.17% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: HK$11.00 ▲(8.06%Upside)

The most significant factors are the strong financial performance and valuation, both providing a solid foundation for the stock. However, technical indicators suggest weak momentum, which tempers the overall score.

Lingbao Gold Group Company Ltd. Class H Business Overview & Revenue Model

Company Description

Lingbao Gold Group Company Ltd., together with its subsidiaries, primarily engages in gold mining, smelting, and refining in the People's Republic of China. The company's products include gold bullion, silver, copper products, and sulphuric acid. It holds 31 mining and exploration rights with an area of 248.82 square kilometers. The company is also involved in the sale of mineral products, jewelry, machinery, equipment, and components for gold processing; mine engineering construction; and design of mineral engineering. In addition, it engages in the processing of metallurgy products; and the production and sale of precious metal products. The company was formerly known as Lingbao Gold Company Ltd. and changed its name to Lingbao Gold Group Company Ltd. in May 2017. Lingbao Gold Group Company Ltd. was founded in 2002 and is based in Causeway Bay, Hong Kong.

How the Company Makes Money

Lingbao Gold Group Company Ltd. generates revenue through the extraction, processing, and sale of gold and other precious metals. Its primary revenue stream is derived from the sale of gold bullion and other associated products, which are sold to both domestic and international markets. The company's mining operations involve the exploration and development of gold mines, while its smelting and refining facilities process extracted ore into market-ready products. Additionally, partnerships with other mining and refining companies, as well as favorable market conditions for gold prices, significantly impact its earnings.

Lingbao Gold Group Company Ltd. Class H Financial Statement Overview

Summary

Lingbao Gold Group shows robust revenue and profit growth with improved margins and a stronger balance sheet. However, cash flow challenges persist, necessitating enhanced cash generation to support future growth.

Income Statement

The company shows strong revenue growth with a 12.6% increase from 2023 to 2024 and a significant improvement in gross profit margin from 9.2% in 2023 to 12.3% in 2024. Net profit margin has also improved markedly from 3.0% in 2023 to 5.9% in 2024. EBIT and EBITDA margins have strengthened, indicating improved operational efficiency and profitability. However, the company should continue to monitor cost management to maintain profitability.

Balance Sheet

The debt-to-equity ratio has improved from 1.08 in 2023 to 0.79 in 2024, reflecting a healthier balance between debt and equity. ROE has increased from 11.9% in 2023 to 20.6% in 2024, showcasing improved profitability on equity. The equity ratio also improved, indicating a stronger equity base relative to total assets. Despite these improvements, the company remains moderately leveraged, which could pose risks if market conditions change.

Cash Flow

The company has faced challenges with cash flow, as indicated by the absence of positive free cash flow in 2024 compared to prior years. The operating cash flow to net income ratio is unavailable for 2024, making a comprehensive analysis difficult. The company needs to enhance its cash generation ability to support operations and growth.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.87B	10.53B	10.13B	5.33B	5.60B
Gross Profit	1.46B	969.90M	785.10M	587.81M	654.63M
EBITDA	1.29B	746.60M	711.95M	562.95M	565.55M
Net Income	698.00M	318.08M	240.22M	130.03M	89.70M
Balance Sheet
Total Assets	7.22B	6.84B	6.90B	7.00B	6.70B
Cash, Cash Equivalents and Short-Term Investments	279.99M	329.29M	233.23M	209.73M	281.09M
Total Debt	2.67B	2.87B	3.70B	3.59B	3.77B
Total Liabilities	4.06B	4.40B	5.01B	5.26B	5.09B
Stockholders Equity	3.39B	2.66B	2.10B	1.93B	1.78B
Cash Flow
Free Cash Flow	235.55M	22.11M	152.85M	435.61M	102.55M
Operating Cash Flow	851.29M	467.03M	554.30M	670.31M	377.43M
Investing Cash Flow	-623.91M	-436.99M	-406.83M	-353.84M	-294.65M
Financing Cash Flow	-205.75M	53.05M	-135.66M	-287.80M	-268.18M

Lingbao Gold Group Company Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.18
• 50DMA: Positive
• 100DMA: Positive
• 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:3330, the sentiment is Positive. The current price of 10.18 is above the 20-day moving average (MA) of 9.96, below the 50-day MA of 10.45, and above the 200-day MA of 6.24, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 58.40 is Neutral, neither overbought nor oversold. The STOCH value of 73.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3330.

Lingbao Gold Group Company Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3330	66 Neutral	€13.10B	16.90	22.79%	0.08%	10.21%	77.99%
Sector *	63 Neutral	$10.49B	9.49	1.49%	2.70%	2.28%	-33.88%
ZHAOF	―	$9.43B	45.83	11.20%	0.14%	―	―
INU1	―		―		―	―	―
1787	76 Outperform	HK$144.98B	45.58	10.43%	0.03%	36.74%	36.49%
8299	66 Neutral	HK$2.12B	30.98	12.45%	―	957.74%	194.12%
6693	―	HK$43.91B	18.62	23.80%	0.72%	―	―

Lingbao Gold Group Company Ltd. Class H Corporate Events

Lingbao Gold Group Reports Significant Profit Surge in H1 2025

Lingbao Gold Group Company Ltd. announced a significant increase in revenue and net profit for the first half of 2025, driven by a substantial rise in gold production and improved operational efficiency. The company’s revenue is expected to grow by 75% to 85%, while net profit is projected to increase by 330% to 350%, compared to the same period in 2024. These gains are attributed to accelerated production, improved mining technology, and favorable gold market prices, positioning the company strongly in the industry.

Lingbao Gold Proposes Share Award Scheme to Boost Growth

Lingbao Gold Group Company Ltd. has announced an extraordinary general meeting to discuss the approval and adoption of a Share Award Scheme. This scheme aims to incentivize eligible persons contributing to the company’s growth by granting them shares, with a limit set at 5% of the total H Shares in issue. The Board is authorized to implement and manage the scheme, which includes setting performance targets and engaging professional institutions for its administration.

Lingbao Gold Group Updates Nomination Committee Terms

Lingbao Gold Group Company Ltd. has updated the Terms of Reference for its Nomination Committee, which is responsible for optimizing the Board of Directors’ composition and enhancing corporate governance. The committee, comprising a majority of independent non-executive directors, is tasked with making recommendations on board structure, director selection, and succession planning, thereby playing a crucial role in the company’s strategic and operational alignment.

Lingbao Gold Group Secures Unanimous Approval at 2024 AGM

Lingbao Gold Group Company Ltd. announced the results of its 2024 Annual General Meeting held on 27 May 2025, where all proposed ordinary and special resolutions were passed. The resolutions included approving the board and supervisory committee reports, financial statements, remuneration, and final dividend for 2024, as well as re-appointing auditors and authorizing share issuance and debt financing instruments. The unanimous approval of these resolutions reflects strong shareholder support and positions the company for continued strategic growth and financial stability.

Lingbao Gold Group Announces Final Dividend for 2024

Lingbao Gold Group Company Ltd. has announced a final cash dividend of RMB 0.08 per share for the financial year ending December 31, 2024, which will be paid in Hong Kong dollars at a rate of HKD 0.087186 per share. The announcement includes details on the withholding tax rates applicable to different categories of non-resident shareholders, which may impact their net dividend receipts. This update reflects the company’s commitment to returning value to its shareholders and provides clarity on the tax implications for investors, potentially influencing investment decisions.

Lingbao Gold Group Expects Significant Profit Boost in Q1 2025

Lingbao Gold Group Company Ltd. announced a positive profit alert, expecting a net profit of not less than RMB250.0 million for the first quarter of 2025. This anticipated profit is due to increased gold output, improved operational efficiency, and higher market prices for gold. The announcement is based on preliminary unaudited management accounts and may be subject to adjustments.