Laopu Gold Co. Ltd. Class H (6181) AI Stock Analysis

• Market Cap: HK$107.42B
• Dividend Yield: 2.6%
• Average Volume (3M): 1.29M
• Price to Earnings (P/E): 30.3
• Beta (1Y): 0.89
• Revenue Growth: 226.65%
• EPS Growth: 278.96%
• Country: HK
• Employees: 1,303
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Luxury Goods
• EPS (TTM): 5.80
• Shares Outstanding: 143,185,560
• 10 Day Avg. Volume: 1,637,625
• 30 Day Avg. Volume: 1,294,903
• PEG Ratio: 0.11
• Price to Book (P/B): 8.99
• Price to Sales (P/S): 4.14
• P/FCF Ratio: -27.12
• 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$1,032.44
• Price Target Upside: 54.21% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: HK$633.00 ▼(-5.45% Downside)

Laopu Gold Co. Ltd. shows strong financial performance with robust revenue growth and profitability. However, the stock faces challenges with cash flow management and bearish technical indicators. The high P/E ratio suggests potential overvaluation, and the modest dividend yield offers limited income. These factors contribute to a moderate overall stock score.

Positive Factors

Revenue Growth

The company's strong revenue growth indicates successful market penetration and demand for its products, supporting long-term business expansion.

Profitability

High gross profit margins reflect effective cost controls and pricing power, contributing to sustained profitability over time.

Balance Sheet Strength

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

Negative Factors

Cash Flow Challenges

Negative free cash flow highlights challenges in converting profits to cash, which could constrain operational flexibility and investment capacity.

Debt Increase

Rising debt levels may lead to increased financial risk, potentially impacting the company's ability to invest in growth opportunities.

Operational Efficiency

Opportunities to improve operational efficiency could enhance profitability, but current margins indicate potential for better cost management.

Laopu Gold Co. Ltd. Class H Business Overview & Revenue Model

Company Description

Laopu Gold Co. Ltd. Class H (6181) is a renowned player in the gold mining and processing industry, primarily engaged in the exploration, extraction, and production of gold and other precious metals. The company operates in regions rich in mineral resources and focuses on sustainable mining practices. Its core products include refined gold, gold bullion, and various by-products derived from the mining process, catering to both domestic and international markets.

How the Company Makes Money

Laopu Gold Co. Ltd. generates revenue primarily through the sale of gold and precious metals extracted from its mining operations. The company benefits from fluctuating gold prices, typically selling its products to wholesalers, jewelers, and other industrial clients. Additionally, the firm may engage in strategic partnerships with other mining companies or entities that facilitate joint ventures, which can enhance its operational efficiency and market reach. Revenue is also supported by contracts and agreements for the supply of gold to various sectors, including investment and manufacturing, enabling a diversified income stream.

Laopu Gold Co. Ltd. Class H Financial Statement Overview

Summary

Laopu Gold Co. Ltd. demonstrates strong revenue growth and profitability, supported by a solid balance sheet. However, cash flow management remains a challenge, with negative free cash flow in the latest period. Continued focus on improving cash conversion and managing debt levels will be crucial for sustaining financial health.

Income Statement

Laopu Gold Co. Ltd. has shown impressive revenue growth, with a significant increase from 2023 to 2024. The gross profit margin remains strong at approximately 41.2% in 2024, indicating efficient cost management. The net profit margin has improved to 17.3%, reflecting enhanced profitability. However, the EBIT and EBITDA margins, while healthy, suggest room for further operational efficiency improvements.

Balance Sheet

The company's balance sheet is robust, with a debt-to-equity ratio of 0.43, indicating moderate leverage. The equity ratio stands at 61.9%, showcasing a strong equity base relative to assets. Return on equity is a solid 37.6%, reflecting effective use of shareholder funds. However, the increase in total debt warrants monitoring for potential leverage risks.

Cash Flow

Cash flow performance is mixed, with a negative free cash flow in 2024 due to high capital expenditures and operating cash outflows. The operating cash flow to net income ratio is negative, indicating challenges in converting profits to cash. However, the company has managed to secure financing to support its operations, which is a positive sign.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	17.34B	8.51B	3.18B	1.29B	1.26B	846.65M
Gross Profit	6.75B	3.50B	1.33B	630.44M	627.92M	365.01M
EBITDA	4.21B	1.99B	691.31M	161.71M	175.67M	179.06M
Net Income	3.15B	1.47B	416.30M	94.53M	113.88M	83.22M
Balance Sheet
Total Assets	13.46B	6.34B	2.16B	1.45B	1.43B	926.48M
Cash, Cash Equivalents and Short-Term Investments	2.52B	732.65M	69.84M	60.28M	30.81M	9.70M
Total Debt	3.63B	1.69B	394.57M	334.93M	311.45M	202.68M
Total Liabilities	5.80B	2.42B	643.13M	473.40M	487.66M	275.20M
Stockholders Equity	7.66B	3.92B	1.52B	869.57M	770.31M	651.28M
Cash Flow
Free Cash Flow	-1.33B	-1.30B	-88.74M	125.57M	78.85M	10.16M
Operating Cash Flow	-1.30B	-1.23B	-29.20M	165.81M	116.44M	20.62M
Investing Cash Flow	-38.36M	-70.92M	-59.22M	-34.58M	-30.95M	-9.94M
Financing Cash Flow	0.00	1.96B	98.97M	-79.27M	-55.68M	-6.68M

Laopu Gold Co. Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 669.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6181, the sentiment is Positive. The current price of 669.5 is above the 20-day moving average (MA) of 638.40, below the 50-day MA of 679.74, and below the 200-day MA of 723.38, indicating a neutral trend. The MACD of -10.16 indicates Negative momentum. The RSI at 53.34 is Neutral, neither overbought nor oversold. The STOCH value of 51.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6181.

Laopu Gold Co. Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0590	77 Outperform	$13.50B	12.28	8.44%	4.41%	-12.95%	-37.76%
0887	72 Outperform	$1.96B	7.16	5.10%	3.70%	6.82%	42.74%
1929	64 Neutral	$133.97B	22.93	23.74%	3.41%	-9.49%	32.56%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
0116	61 Neutral	HK$8.32B	7.05	9.13%	4.66%	-10.41%	67.25%
6181	58 Neutral	HK$107.42B	30.34	59.03%	2.60%	226.65%	278.96%
0256	42 Neutral	$792.04M	-2.64	-7.92%	―	-18.07%	-1041.89%

Laopu Gold Co. Ltd. Class H Corporate Events

Laopu Gold Co., Ltd. Announces Extraordinary General Meeting for Key Resolutions

Laopu Gold Co., Ltd. has announced an extraordinary general meeting (EGM) to be held on November 18, 2025, in Beijing. The meeting will address several key resolutions, including the election of directors and supervisors for the third session of the board and supervisory committee, the approval of an interim profit distribution plan, the adoption of a dividend policy, and proposed amendments to the Articles of Association. These decisions are significant as they will shape the company’s governance and financial strategies, potentially impacting shareholder value and the company’s market positioning.

The most recent analyst rating on (HK:6181) stock is a Hold with a HK$739.00 price target. To see the full list of analyst forecasts on Laopu Gold Co. Ltd. Class H stock, see the HK:6181 Stock Forecast page.

Laopu Gold Completes Successful Placement of New H Shares

Laopu Gold Co., Ltd. has successfully completed the placement of 3,711,800 new H Shares under a General Mandate, representing approximately 2.59% of the H Shares in issue. This placement, which was completed on October 30, 2025, at a price of HK$732.49 per H Share, involved not less than six independent placees, none of whom became substantial shareholders. The successful placement slightly altered the company’s shareholding structure, increasing the total number of shares in issue and enhancing the company’s capital base.

The most recent analyst rating on (HK:6181) stock is a Hold with a HK$739.00 price target. To see the full list of analyst forecasts on Laopu Gold Co. Ltd. Class H stock, see the HK:6181 Stock Forecast page.

Laopu Gold Co., Ltd. Announces New Board and Supervisory Committee Elections

Laopu Gold Co., Ltd. has announced the proposed election of a new session of both its Board of Directors and Supervisory Committee due to the expiration of their current terms. The company plans to elect four executive directors and three independent non-executive directors for the Board, as well as two non-employee representative supervisors and one employee representative supervisor for the Supervisory Committee. These elections are set to be approved at an upcoming extraordinary general meeting, with the new terms lasting three years. The announcement reflects the company’s adherence to governance practices and regulatory compliance, potentially impacting its operational stability and stakeholder confidence.

The most recent analyst rating on (HK:6181) stock is a Hold with a HK$821.00 price target. To see the full list of analyst forecasts on Laopu Gold Co. Ltd. Class H stock, see the HK:6181 Stock Forecast page.

Laopu Gold Co., Ltd. Proposes Amendments to Articles of Association

Laopu Gold Co., Ltd. has announced proposed amendments to its Articles of Association, aligning with the latest guidelines from the China Securities Regulatory Commission. These changes are pending approval at an upcoming extraordinary general meeting, potentially impacting the company’s governance structure and shareholder communications.

The most recent analyst rating on (HK:6181) stock is a Hold with a HK$821.00 price target. To see the full list of analyst forecasts on Laopu Gold Co. Ltd. Class H stock, see the HK:6181 Stock Forecast page.

Laopu Gold Co., Ltd. Announces New H Share Placement

Laopu Gold Co., Ltd. announced the placement of 3,711,800 new H shares under a general mandate, with the Placing Agents agreeing to procure at least six placees to purchase the shares at HK$732.49 each. This move, priced at a discount to recent trading prices, is expected to raise approximately HK$2,706.76 million in net proceeds, potentially impacting the company’s financial position and market operations, although the completion of the placement is contingent on certain conditions.

The most recent analyst rating on (HK:6181) stock is a Hold with a HK$821.00 price target. To see the full list of analyst forecasts on Laopu Gold Co. Ltd. Class H stock, see the HK:6181 Stock Forecast page.

Laopu Gold Co., Ltd. Announces Shareholding Reduction by Stock Incentive Platforms

Laopu Gold Co., Ltd. announced a voluntary reduction in shareholding by its stock incentive platforms through block trades. This change involves the transfer of the general partnership of Beijing Jinbu to a natural person, resulting in the entity no longer being controlled by the company’s main shareholders. This move may impact the company’s shareholder structure but does not involve the controlling shareholders in the reduction.

The most recent analyst rating on (HK:6181) stock is a Buy with a HK$1160.00 price target. To see the full list of analyst forecasts on Laopu Gold Co. Ltd. Class H stock, see the HK:6181 Stock Forecast page.

Laopu Gold Co. Ltd. Reports Strong Interim Financial Growth for 2025

Laopu Gold Co., Ltd. announced its unaudited interim results for the first half of 2025, showcasing significant financial growth compared to the same period in 2024. The company’s revenue increased by 251%, gross profit rose by 223.4%, and profit before tax surged by 279.8%, reflecting a robust performance in the gold market. These results indicate a strong market position and potential positive implications for stakeholders.

The most recent analyst rating on (HK:6181) stock is a Hold with a HK$798.00 price target. To see the full list of analyst forecasts on Laopu Gold Co. Ltd. Class H stock, see the HK:6181 Stock Forecast page.

Laopu Gold Co., Ltd. Declares Interim Dividend for 2025

Laopu Gold Co., Ltd. has announced an interim cash dividend of RMB 9.59 per share for the six months ending June 30, 2025. The dividend is scheduled for payment on January 15, 2026, with the ex-dividend date set for November 20, 2025. This announcement reflects the company’s financial performance and commitment to returning value to its shareholders.

The most recent analyst rating on (HK:6181) stock is a Hold with a HK$798.00 price target. To see the full list of analyst forecasts on Laopu Gold Co. Ltd. Class H stock, see the HK:6181 Stock Forecast page.

Laopu Gold Co., Ltd. Proposes New Dividend Policy for Stable Shareholder Returns

Laopu Gold Co., Ltd. has announced the approval of a new dividend policy aimed at providing stable returns to shareholders. The policy proposes distributing dividends twice a year, amounting to 50% of accumulated undistributed profits, and emphasizes the importance of balancing shareholder expectations with prudent capital management. The implementation of this policy is subject to shareholder approval and ongoing assessment by the board to ensure alignment with the company’s interests and compliance with applicable laws.

The most recent analyst rating on (HK:6181) stock is a Hold with a HK$798.00 price target. To see the full list of analyst forecasts on Laopu Gold Co. Ltd. Class H stock, see the HK:6181 Stock Forecast page.

Laopu Gold Co. Schedules Board Meeting to Review Interim Results

Laopu Gold Co., Ltd. has announced a board meeting scheduled for August 20, 2025, to discuss and approve the unaudited interim results for the first half of 2025. The meeting will also consider the potential payment of an interim dividend, which could impact shareholder returns and market perception.

The most recent analyst rating on (HK:6181) stock is a Buy with a HK$460.20 price target. To see the full list of analyst forecasts on Laopu Gold Co. Ltd. Class H stock, see the HK:6181 Stock Forecast page.