Wanguo International Mining Group Ltd. (3939) AI Stock Analysis

• Market Cap: HK$34.36B
• Dividend Yield: 1.51%
• Average Volume (3M): 5.18M
• Price to Earnings (P/E): 44.5
• Beta (1Y): 0.14
• Revenue Growth: 40.22%
• EPS Growth: 46.48%
• Country: HK
• Employees: 1,123
• Sector: Basic Materials
• Sector Strength: 70
• Industry: Industrial Materials
• EPS (TTM): 0.65
• Shares Outstanding: 1,083,827,100
• 10 Day Avg. Volume: 3,931,387
• 30 Day Avg. Volume: 5,183,603
• PEG Ratio: 1.98
• Price to Book (P/B): 8.06
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 221.10
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 76 Outperform
• Price Target: HK$34.00 ▲(7.26%Upside)

The stock is supported by strong financial performance and technical indicators, although the high P/E ratio suggests potential overvaluation. The lack of recent cash flow data is a concern, but historical performance has been positive.

Wanguo International Mining Group Ltd. Business Overview & Revenue Model

Company Description

Wanguo International Mining Group Ltd. (3939) is a Hong Kong-based investment holding company primarily engaged in the mining, exploration, and sale of non-ferrous metals. The company operates through its subsidiaries and focuses on the extraction and processing of copper and zinc, among other metals. With operations mainly concentrated in China, Wanguo International Mining Group Ltd. is dedicated to enhancing its production capabilities and expanding its resource base.

How the Company Makes Money

Wanguo International Mining Group Ltd. generates revenue primarily through the extraction and sale of non-ferrous metals, including copper and zinc. The company operates mining sites where it extracts raw ore, which is then processed and refined into marketable metal products. These products are sold to various industries, including construction, manufacturing, and electronics, which utilize these metals for their operations. The company's revenue model heavily relies on the fluctuating prices of these metals in the global market, as well as its ability to effectively manage production costs. Additionally, strategic partnerships and joint ventures with other mining entities can enhance resource acquisition and distribution, contributing to Wanguo's profitability. The company may also engage in exploration activities to identify new mining opportunities, which can provide a long-term source of revenue growth.

Wanguo International Mining Group Ltd. Financial Statement Overview

Summary

Wanguo International Mining Group Ltd. exhibits impressive revenue and profit growth, supported by strong operational margins and financial stability with low leverage. The main concern is the absence of detailed cash flow data, posing a risk to assessing current liquidity.

Income Statement

Wanguo International Mining Group Ltd. demonstrates strong revenue growth with Total Revenue increasing from 1.31 billion in 2023 to 1.88 billion in 2024. The Gross Profit Margin improved to 53.2%, and the Net Profit Margin rose to 30.7%. Both EBIT Margin and EBITDA Margin are robust at 41.8% and 48.2%, respectively, indicating high operational efficiency and profitability.

Balance Sheet

The company's Balance Sheet shows a healthy Equity Ratio of 75.8%, with Stockholders' Equity significantly outweighing Total Liabilities, suggesting financial stability. The Debt-to-Equity Ratio is low at 0.08, indicating minimal leverage risk. Return on Equity increased to 18.4%, showcasing effective utilization of equity to generate profits.

Cash Flow

Cash Flow analysis indicates potential concerns due to the absence of reported Operating Cash Flow and Free Cash Flow figures for 2024. However, historically, the company maintained positive Free Cash Flow, and the Operating Cash Flow to Net Income Ratio was favorable in previous years, suggesting that cash generation capabilities have been strong.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.88B	1.32B	681.42M	2.01B	1.39B
Gross Profit	996.99M	619.24M	315.68M	316.21M	157.41M
EBITDA	903.24M	532.32M	271.18M	275.72M	136.88M
Net Income	575.38M	335.39M	180.54M	193.43M	86.71M
Balance Sheet
Total Assets	4.14B	2.36B	2.04B	1.80B	1.45B
Cash, Cash Equivalents and Short-Term Investments	1.85B	171.61M	67.94M	116.29M	36.66M
Total Debt	263.71M	205.05M	189.66M	128.45M	107.91M
Total Liabilities	681.88M	601.14M	588.36M	471.35M	454.85M
Stockholders Equity	3.13B	1.41B	1.15B	1.04B	712.59M
Cash Flow
Free Cash Flow	644.23M	192.26M	-15.60M	-86.01M	33.95M
Operating Cash Flow	843.28M	350.00M	166.97M	145.92M	85.20M
Investing Cash Flow	-1.56B	-159.06M	-182.35M	-226.92M	-78.24M
Financing Cash Flow	1.05B	-87.66M	-34.27M	160.71M	25.04M

Wanguo International Mining Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 31.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3939, the sentiment is Positive. The current price of 31.7 is above the 20-day moving average (MA) of 31.26, above the 50-day MA of 26.76, and above the 200-day MA of 15.80, indicating a bullish trend. The MACD of 1.33 indicates Positive momentum. The RSI at 59.40 is Neutral, neither overbought nor oversold. The STOCH value of 71.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3939.

Wanguo International Mining Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2245	79 Outperform	HK$16.86B	8.51	17.83%	3.61%	36.51%	66.77%
3939	76 Outperform	HK$34.36B	44.53	25.55%	1.51%	40.22%	46.48%
1205	72 Outperform	HK$3.06B	5.35	7.21%	6.67%	148.27%	3.85%
9696	62 Neutral	HK$57.06B	―	-8.74%	5.13%	-59.41%	-169.49%
Sector *	58 Neutral	HK$17.25B	4.63	-6.43%	5.11%	-3.18%	-62.89%
0769	55 Neutral	$1.95B	―	-5.26%	―	10.29%	47.66%
1091	45 Neutral	€1.09B	―	-26.13%	―	-22.90%	-1231.02%

Wanguo International Mining Group Ltd. Corporate Events

Wanguo Gold Group Updates Nomination Committee to Strengthen Governance

Wanguo Gold Group Limited has announced changes to its Nomination Committee, effective from June 25, 2025. Mr. Wang Xin has stepped down, and Ms. Gao Jinzhu has been appointed as a new member, aligning with upcoming amendments to the Hong Kong Stock Exchange’s Listing Rules and Corporate Governance Code. These changes aim to enhance the Board’s effectiveness, diversity, and overall corporate governance practices.

Wanguo International Mining Group Ltd. Announces Board Structure and Committee Assignments

Wanguo International Mining Group Ltd., listed on the Hong Kong Stock Exchange, has announced its board of directors and their respective roles within the company. The board consists of executive, non-executive, and independent non-executive directors, with Mr. Gao Mingqing serving as Chairman and CEO. The company has also established three committees: Audit, Remuneration, and Nomination, with specific directors assigned to each committee. This announcement provides clarity on the leadership structure and governance of the company, which could impact its strategic direction and operational oversight.

Wanguo Gold Group Secures Shareholder Approval for Key Resolutions at AGM

Wanguo Gold Group Limited, a company incorporated in the Cayman Islands, announced the successful passing of all proposed resolutions at its Annual General Meeting (AGM) held on June 6, 2025. The resolutions included the approval of financial statements, declaration of dividends, re-election of directors, re-appointment of auditors, and granting of mandates for share issuance and repurchase. The results reflect strong shareholder support, indicating confidence in the company’s management and strategic direction.

Wanguo Gold Group Engages Zijin MMT for Gold Ridge Mine Technical Services

Wanguo Gold Group Limited has entered into a processing technical service contract with Xiamen Zijin Mining & Metallurgy Technology Co., Ltd. for its Gold Ridge Mine in the Solomon Islands. The contract, valued at RMB1.69 million, involves technical services to enhance gold recovery and optimize production processes. This transaction is a connected transaction under Hong Kong’s listing rules due to Zijin Mining’s substantial shareholding in Wanguo Gold Group, but it is exempt from disclosure requirements due to its de minimis nature.

Wanguo International Mining Group Ltd. Announces AGM and Key Resolutions

Wanguo International Mining Group Ltd. has announced its upcoming annual general meeting scheduled for June 6, 2025, in Hong Kong. Key agenda items include the consideration of the audited financial statements for 2024, the declaration of final and special dividends, the re-election of directors, and the re-appointment of Deloitte Touche Tohmatsu as auditors. Additionally, the company seeks shareholder approval for the issuance of additional shares, which could impact the company’s capital structure and shareholder value.