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

• Market Cap: HK$122.34B
• Dividend Yield: 0.97%
• Average Volume (3M): 1.48M
• Price to Earnings (P/E): 69.0
• Beta (1Y): 1.08
• Revenue Growth: 163.00%
• EPS Growth: 243.31%
• Country: HK
• Employees: 1,303
• Sector: Basic Materials
• Sector Strength: 55
• Industry: Luxury Goods
• EPS (TTM): 9.56
• Shares Outstanding: 139,473,750
• 10 Day Avg. Volume: 1,984,347
• 30 Day Avg. Volume: 1,480,998
• PEG Ratio: 6.63
• Price to Book (P/B): 34.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.00K
• 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$1,051.67
• Price Target Upside: 48.44% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 60 Neutral
• Price Target: HK$744.00 ▲(5.01%Upside)

Laopu Gold Co. Ltd. exhibits strong financial performance with robust revenue growth and a solid balance sheet. However, the stock is currently facing bearish technical indicators and appears overvalued, which dampens its attractiveness. The lack of recent earnings guidance further limits insight into future performance.

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

Company Description

Laopu Gold Co., Ltd. designs, manufactures, and sells jewelry products in Mainland China, Hong Kong, and Macau. It provides pendants, bangles, bracelets, rings, and ear studs, as well as gem-set jewelry products with diamonds or other gemstones. The company also offers maintenance and repair services for jewelry products. It sells its products through stores and online. The company was founded in 2009 and is headquartered in Beijing, the People's Republic of China.

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 excellent income growth and profitability with strong margins and a solid balance sheet. However, cash flow stability is a significant concern due to the lack of operating and free cash flow in 2024, posing potential liquidity risks.

Income Statement

The company demonstrates impressive revenue growth, with total revenue increasing from 2023 to 2024 by 167.58%. Strong gross profit and net profit margins for 2024 at 41.15% and 17.32%, respectively, highlight profitability. The EBIT margin of 23.20% and EBITDA margin of 23.37% further reinforce operational efficiency. Overall, Laopu Gold Co. Ltd. exhibits strong growth and profitability trends.

Balance Sheet

The balance sheet indicates a solid equity position, with an equity ratio of 61.88% in 2024. The debt-to-equity ratio stands at a manageable 0.43, suggesting prudent leverage. Return on equity (ROE) is strong at 37.58%, indicating effective use of equity to generate profits. The balance sheet is robust, with favorable leverage and equity utilization metrics.

Cash Flow

The cash flow analysis reveals challenges, with no recorded operating or free cash flow in 2024, indicating potential liquidity issues. Previous years showed negative free cash flow growth and varying cash flow fluctuations. The operating cash flow to net income ratio and free cash flow to net income ratio are unavailable for 2024, limiting analysis. Cash flow stability is a concern despite strong income growth.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.51B	3.18B	1.51B	1.52B	846.65M
Gross Profit	3.50B	1.33B	630.44M	627.92M	365.01M
EBITDA	1.99B	691.31M	252.82M	260.20M	179.06M
Net Income	1.47B	416.30M	94.53M	113.88M	83.22M
Balance Sheet
Total Assets	6.34B	2.16B	1.45B	1.43B	926.48M
Cash, Cash Equivalents and Short-Term Investments	732.65M	69.84M	67.68M	30.81M	―
Total Debt	1.69B	394.57M	376.04M	380.99M	202.68M
Total Liabilities	2.42B	643.13M	473.40M	487.66M	275.20M
Stockholders Equity	3.92B	1.52B	976.30M	942.30M	651.28M
Cash Flow
Free Cash Flow	-1.30B	-88.74M	125.57M	78.85M	10.16M
Operating Cash Flow	-1.23B	-29.20M	165.81M	116.44M	20.62M
Investing Cash Flow	-70.92M	-59.22M	-40.22M	-37.30M	―
Financing Cash Flow	1.96B	98.97M	-85.30M	-60.32M	―

Laopu Gold Co. Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 708.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6181, the sentiment is Negative. The current price of 708.5 is below the 20-day moving average (MA) of 856.95, below the 50-day MA of 880.30, and above the 200-day MA of 542.68, indicating a neutral trend. The MACD of -50.27 indicates Positive momentum. The RSI at 30.90 is Neutral, neither overbought nor oversold. The STOCH value of 19.63 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
6181	60 Neutral	HK$122.34B	69.00	54.70%	0.97%	163.00%	243.31%
Sector *	44 Neutral	C$848.76M	-6.71	-16.27%	2.80%	16.46%	-27.75%
CEBTF	―	$210.69M	65.56	-6.53%	―	―	―
CHOWF	―	$704.30M	3.67	6.25%	23.14%	―	―
CJEWF	―	$16.59B	22.11	22.73%	3.87%	―	―
EPRJF	―	$355.94M	12.24	4.99%	0.96%	―	―
LKFLF	―	$1.54B	11.23	8.44%	5.69%	―	―

Laopu Gold Co. Ltd. Class H Corporate Events

Laopu Gold Co. Projects Strong Profit Growth for First Half of 2025

Laopu Gold Co., Ltd. has issued a positive profit alert, anticipating significant growth in sales and net profit for the first half of 2025. The company expects sales to increase by approximately 240% to 252% and net profit by 279% to 288% compared to the same period in the previous year. This growth is attributed to the expansion of the company’s brand influence and product optimization, although channel contributions are expected to impact the second half of the year.

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.

Laopu Gold Co., Ltd. Announces Final Dividend for 2024

Laopu Gold Co., Ltd. has announced a final cash dividend for the year ended December 31, 2024. The dividend is set at RMB 6.35 per share, which will be paid in Hong Kong dollars at a rate of HKD 6.88 per share. The payment date is scheduled for July 2, 2025, with specific withholding tax rates applied based on shareholder residency and type. This announcement updates previous information regarding the currency and amount of the dividend, exchange rate, and withholding tax details, reflecting the company’s commitment to transparent financial practices and shareholder returns.

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.

Laopu Gold Co., Ltd. AGM Resolutions Unanimously Passed

Laopu Gold Co., Ltd. successfully held its Annual General Meeting on May 20, 2025, where all proposed resolutions were unanimously passed. The meeting saw participation from shareholders and proxies holding approximately 80.50% of the total shares with voting rights, and the resolutions included the approval of the annual report, board and supervisory committee reports, director remuneration, profit distribution plan, and the re-appointment of Ernst & Young as auditors.

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.

Laopu Gold Co. Completes Strategic H Share Placement

Laopu Gold Co., Ltd. has successfully completed the placement of 4,310,000 new H Shares under a General Mandate, representing 3.09% of the H Shares in issue and 2.50% of the total number of Shares post-placement. This strategic move, executed at a price of HK$630.00 per H Share, aims to enhance the company’s capital structure without any of the placees becoming substantial shareholders, thereby maintaining the existing control dynamics.

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.

Laopu Gold Co. Announces New H Share Placement to Raise HK$2.7 Billion

Laopu Gold Co., Ltd. announced the placement of 4,310,000 new H shares at a price of HK$630.00 per share, representing a discount to recent trading prices. The placement aims to raise approximately HK$2,698.04 million in net proceeds, with the shares to be issued under a General Mandate. The completion of this placement is contingent on certain conditions being met, and the company advises caution to shareholders and potential investors.