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

• Market Cap: HK$42.26B
• Dividend Yield: 1.32%
• Average Volume (3M): 14.88M
• Price to Earnings (P/E): 41.8
• Beta (1Y): 0.12
• Revenue Growth: 31.24%
• EPS Growth: 58.16%
• Country: HK
• Employees: 1,123
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.02
• Shares Outstanding: 4,425,308,600
• 10 Day Avg. Volume: 21,436,429
• 30 Day Avg. Volume: 14,879,475
• PEG Ratio: 0.07
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 1.26
• P/FCF Ratio: 3.67
• 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$10.00
• Price Target Upside: -71.62% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 2.67
• Revenue Forecast (FY): HK$26.56B

• Rating: 60 Neutral
• Price Target: HK$31.00 ▼(-12.03% Downside)

The overall stock score is driven by strong financial performance, particularly in revenue and profit growth, and a stable balance sheet. However, the lack of recent cash flow data and weak technical indicators suggest caution. The high P/E ratio indicates potential overvaluation, while the dividend yield offers limited income.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for the company's products and effective market positioning, supporting long-term business expansion.

Operational Efficiency

High operational margins reflect efficient cost management and strong pricing power, contributing to sustainable profitability over time.

Balance Sheet Health

A strong balance sheet with low leverage enhances financial stability and provides flexibility for future investments and growth opportunities.

Negative Factors

Cash Flow Concerns

Lack of current cash flow data raises concerns about liquidity and the ability to sustain operations without relying on external financing.

Earnings Call Data Absence

The absence of earnings call data limits transparency and investor insight into management's strategic vision and operational challenges.

Valuation Concerns

High valuation metrics may indicate market expectations that are difficult to meet, potentially leading to future stock price volatility.

Wanguo International Mining Group Ltd. Business Overview & Revenue Model

Company Description

Wanguo International Mining Group Limited, an investment holding company, engages in mining, ore processing, and sale of concentrate products in the People's Republic of China. The company offers copper concentrates, zinc concentrates, iron concentrates, sulfur concentrates, lead concentrates, and electrolytic copper and lead, as well as gold and silver by-products. It holds interest in the Xinzhuang mine located in Jiangxi Province, China; and 90% interest in the gold ridge mine located in the Solomon Islands. The company was formerly known as Multinational International Group Limited. Wanguo International Mining Group Limited was incorporated in 2011 and is headquartered in Yichun, the People's Republic of China.

How the Company Makes Money

Wanguo International Mining Group Ltd. generates revenue primarily through the sale of mined minerals and metals. The company's revenue model includes direct sales of extracted resources to industrial clients and trading companies, as well as potentially entering into long-term supply agreements to secure stable income streams. Key revenue streams come from the production of commodities such as gold, silver, copper, and other minerals, with fluctuations in market prices influencing earnings. Additionally, the company may benefit from strategic partnerships with other mining firms and entities that provide technological or logistical support, further enhancing its operational efficiency and profitability.

Wanguo International Mining Group Ltd. Financial Statement Overview

Summary

Wanguo International Mining Group Ltd. shows strong revenue and profit growth with high operational margins. The Balance Sheet is stable with low leverage. However, the absence of recent cash flow data poses a risk to liquidity assessment.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.19B	1.88B	1.32B	681.42M	2.01B	1.39B
Gross Profit	1.38B	996.99M	619.24M	315.68M	316.21M	157.41M
EBITDA	1.26B	903.24M	532.32M	271.18M	275.72M	136.88M
Net Income	921.86M	575.38M	335.39M	180.54M	193.43M	86.71M
Balance Sheet
Total Assets	4.72B	4.14B	2.36B	2.04B	1.80B	1.45B
Cash, Cash Equivalents and Short-Term Investments	2.03B	1.85B	171.61M	67.94M	116.29M	36.66M
Total Debt	152.30M	263.71M	205.05M	189.66M	128.45M	107.91M
Total Liabilities	826.91M	681.88M	601.14M	588.36M	471.35M	454.85M
Stockholders Equity	3.50B	3.13B	1.41B	1.15B	1.04B	712.59M
Cash Flow
Free Cash Flow	774.20M	644.23M	192.26M	-15.60M	-86.01M	33.95M
Operating Cash Flow	1.07B	843.28M	350.00M	166.97M	145.92M	85.20M
Investing Cash Flow	-1.44B	-1.56B	-159.06M	-182.35M	-226.92M	-78.24M
Financing Cash Flow	828.99M	1.05B	-87.66M	-34.27M	160.71M	25.04M

Wanguo International Mining Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 35.24
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 35.24 is above the 20-day moving average (MA) of 7.99, above the 50-day MA of 7.92, and above the 200-day MA of 7.38, indicating a bullish trend. The MACD of 0.32 indicates Negative momentum. The RSI at 69.45 is Neutral, neither overbought nor oversold. The STOCH value of 88.41 is Negative, 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	72 Outperform	HK$38.96B	13.82	24.57%	1.89%	60.77%	100.45%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
3939	60 Neutral	HK$42.26B	41.76	36.46%	1.32%	31.24%	58.16%
1205	60 Neutral	HK$3.14B	8.47	4.82%	6.84%	160.79%	-28.92%
0769	55 Neutral	HK$1.95B	-15.63	―	―	10.29%	47.66%
9696	52 Neutral	HK$105.39B	-39.45	-4.63%	2.80%	-39.59%	69.00%
1091	51 Neutral	HK$2.72B	-4.71	-14.35%	―	-31.35%	-71.37%

Wanguo International Mining Group Ltd. Corporate Events

Wanguo Gold Group Pledges HK$7 Million for Post-Disaster Relief in Hong Kong

Wanguo Gold Group Limited has announced a donation of HK$7 million to aid in the relief and reconstruction efforts following a devastating fire at Wang Fuk Court in Tai Po District, Hong Kong. This initiative underscores the company’s dedication to corporate social responsibility and its commitment to supporting communities in times of need.

The most recent analyst rating on (HK:3939) stock is a Hold with a HK$31.00 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page.

Wanguo Gold Group Implements Share Subdivision to Enhance Liquidity

Wanguo Gold Group Limited has announced the effective implementation of a share subdivision, which took effect on November 25, 2025. This move temporarily alters the trading arrangements, with a new temporary counter opened for trading subdivided shares in board lots of 8,000 shares under the stock code ‘2979’. The original counter will resume trading in subdivided shares in smaller board lots of 500 shares starting December 9, 2025. This strategic adjustment is expected to enhance the liquidity of the company’s shares and potentially attract more investors.

The most recent analyst rating on (HK:3939) stock is a Hold with a HK$31.00 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page.

Wanguo Gold Group Announces Share Subdivision Approval

Wanguo Gold Group Limited, a company incorporated in the Cayman Islands, announced the successful passage of a resolution at its Extraordinary General Meeting (EGM) held on November 21, 2025. The resolution involved a share subdivision, where each ordinary share with a par value of HK$0.1 will be subdivided into four shares of HK$0.025 each, effectively increasing the total number of shares while maintaining the same share capital value. This move is expected to enhance the liquidity of the company’s shares and potentially attract a broader base of investors.

The most recent analyst rating on (HK:3939) stock is a Hold with a HK$31.00 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page.

Wanguo Gold Group Announces Feasibility Study for Gold Ridge Mine Expansion

Wanguo Gold Group Limited has announced a summary of a feasibility study for the expansion of the Gold Ridge Mine in the Solomon Islands. The study, prepared by Zijin (Xiamen) Engineering Design Co. Ltd, highlights the strategic location and infrastructure of the mine, which is connected by a paved road to the capital’s airport. This development is expected to enhance the company’s operational capabilities and strengthen its position in the gold mining industry, potentially benefiting shareholders and attracting potential investors.

The most recent analyst rating on (HK:3939) stock is a Hold with a HK$35.00 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page.

Wanguo Gold Group Chairman Increases Shareholding, Signaling Confidence in Company’s Growth

Wanguo Gold Group Limited announced that its founder and chairman, Mr. Gao Mingqing, has increased his shareholding in the company by purchasing 1,010,000 ordinary shares through his wholly-owned entity, Victor Soar Investments Limited. This acquisition, which now brings Mr. Gao’s total interest to approximately 25.57% of the company’s issued share capital, reflects his strong confidence in the company’s growth prospects and long-term potential. The company assures that it maintains a sufficient public float of shares, advising shareholders and potential investors to exercise caution when dealing with its securities.

The most recent analyst rating on (HK:3939) stock is a Hold with a HK$30.00 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page.

Wanguo International Mining Group Proposes Share Subdivision and Board Lot Size Change

Wanguo International Mining Group Ltd. has announced a proposed share subdivision and a change in board lot size. The company plans to subdivide each existing issued and unissued share into four subdivided shares, which will result in an increase in the number of shares but not affect shareholders’ rights. Additionally, the board lot size for trading on the stock exchange will be reduced from 2,000 shares to 500 shares. These changes are subject to shareholder approval and other conditions, and shareholders are advised to exercise caution.

The most recent analyst rating on (HK:3939) stock is a Hold with a HK$36.00 price target. To see the full list of analyst forecasts on Wanguo International Mining Group Ltd. stock, see the HK:3939 Stock Forecast page.