ZHONGJIN GOLD CORP.,LTD |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 13.35 CNY | +3.65% |
|
-0.67% | +34.04% |
| Apr. 26 | Zhongjin Gold Corp.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 2023 | Zhongjin Gold Corp.,Ltd(SHSE:600489) added to Shanghai Stock Exchange 180 Value Index | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 29,266 | 42,705 | 39,893 | 39,699 | 48,279 | 64,712 | - | - |
| Enterprise Value (EV) 1 | 38,525 | 50,572 | 46,727 | 43,792 | 55,314 | 64,729 | 62,323 | 64,712 |
| P/E ratio | 170 x | 25.9 x | 23.5 x | 18.8 x | 16.3 x | 18.3 x | 17.8 x | 11.3 x |
| Yield | 0.23% | 1.82% | 2.73% | 3.43% | 4.04% | 2.76% | 2.8% | - |
| Capitalization / Revenue | 0.75 x | 0.89 x | 0.71 x | 0.69 x | 0.79 x | 1.05 x | 1.02 x | 0.76 x |
| EV / Revenue | 0.99 x | 1.05 x | 0.83 x | 0.77 x | 0.9 x | 1.05 x | 0.98 x | 0.76 x |
| EV / EBITDA | 13 x | 10.8 x | 9.27 x | 8.36 x | 8.46 x | 8.36 x | 8.75 x | 5.32 x |
| EV / FCF | 65.4 x | - | - | - | 11.4 x | 12.6 x | 11.2 x | 10.7 x |
| FCF Yield | 1.53% | - | - | - | 8.77% | 7.95% | 8.9% | 9.35% |
| Price to Book | 2.13 x | 1.82 x | 1.61 x | 1.53 x | 1.86 x | 2.35 x | 2.17 x | 1.92 x |
| Nbr of stocks (in thousands) | 3,451,137 | 4,847,313 | 4,847,313 | 4,847,313 | 4,847,313 | 4,847,313 | - | - |
| Reference price 2 | 8.480 | 8.810 | 8.230 | 8.190 | 9.960 | 13.35 | 13.35 | 13.35 |
| Announcement Date | 4/30/20 | 4/29/21 | 4/20/22 | 4/26/23 | 4/27/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 38,963 | 47,995 | 56,102 | 57,151 | 61,264 | 61,869 | 63,328 | 85,433 |
| EBITDA 1 | 2,962 | 4,674 | 5,041 | 5,238 | 6,537 | 7,747 | 7,119 | 12,167 |
| EBIT 1 | 1,164 | 2,501 | 2,724 | 3,020 | 4,399 | 5,346 | 5,259 | 9,296 |
| Operating Margin | 2.99% | 5.21% | 4.86% | 5.28% | 7.18% | 8.64% | 8.3% | 10.88% |
| Earnings before Tax (EBT) 1 | 985 | 2,406 | 2,533 | 3,048 | 4,305 | 5,252 | 5,437 | 9,202 |
| Net income 1 | 178.8 | 1,555 | 1,698 | 2,117 | 2,978 | 3,545 | 3,637 | 5,712 |
| Net margin | 0.46% | 3.24% | 3.03% | 3.7% | 4.86% | 5.73% | 5.74% | 6.69% |
| EPS 2 | 0.0500 | 0.3400 | 0.3500 | 0.4368 | 0.6100 | 0.7300 | 0.7500 | 1.180 |
| Free Cash Flow 1 | 588.6 | - | - | - | 4,849 | 5,143 | 5,544 | 6,052 |
| FCF margin | 1.51% | - | - | - | 7.92% | 8.31% | 8.75% | 7.08% |
| FCF Conversion (EBITDA) | 19.88% | - | - | - | 74.18% | 66.39% | 77.87% | 49.74% |
| FCF Conversion (Net income) | 329.28% | - | - | - | 162.84% | 145.08% | 152.44% | 105.95% |
| Dividend per Share 2 | 0.0193 | 0.1604 | 0.2243 | 0.2810 | 0.4020 | 0.3680 | 0.3740 | - |
| Announcement Date | 4/30/20 | 4/29/21 | 4/20/22 | 4/26/23 | 4/27/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS 1 | 0.0600 | 0.1000 | 0.1500 | 0.1000 | 0.0900 | 0.1200 | 0.1800 | 0.1300 | 0.1800 | 0.1600 | 0.0900 | 0.0500 | 0.1800 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 4/20/22 | 4/20/22 | 8/26/22 | 10/27/22 | 4/26/23 | 4/26/23 | 8/28/23 | 10/27/23 | 4/27/24 | 4/27/24 | - | - | - |
1CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 9,259 | 7,867 | 6,834 | 4,093 | 7,035 | 17.6 | - | - |
| Net Cash position 1 | - | - | - | - | - | - | 2,389 | - |
| Leverage (Debt/EBITDA) | 3.126 x | 1.683 x | 1.356 x | 0.7814 x | 1.076 x | 0.002277 x | - | - |
| Free Cash Flow 1 | 589 | - | - | - | 4,849 | 5,143 | 5,544 | 6,052 |
| ROE (net income / shareholders' equity) | 1.31% | 7.64% | 7.02% | 8.35% | 11.9% | 13.3% | 12.1% | 17.9% |
| ROA (Net income/ Total Assets) | 0.46% | 3.43% | - | 4.4% | - | 6.96% | 7.21% | - |
| Assets 1 | 39,118 | 45,351 | - | 48,137 | - | 50,910 | 50,442 | - |
| Book Value Per Share 2 | 3.980 | 4.830 | 5.130 | 5.340 | 5.350 | 5.670 | 6.160 | 6.960 |
| Cash Flow per Share 2 | 0.6300 | 0.9400 | 0.9100 | 1.170 | 1.330 | 1.230 | 1.490 | 1.600 |
| Capex 1 | 1,598 | 1,535 | 1,274 | 1,115 | 1,574 | 1,899 | 1,987 | 2,489 |
| Capex / Sales | 4.1% | 3.2% | 2.27% | 1.95% | 2.57% | 3.07% | 3.14% | 2.91% |
| Announcement Date | 4/30/20 | 4/29/21 | 4/20/22 | 4/26/23 | 4/27/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
13.35
CNY
Average target price
13.76
CNY
Spread / Average Target
+3.10%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +34.04% | 8.93B | |
| +14.44% | 23.6B | |
| +18.12% | 15.6B | |
| +40.67% | 5.54B | |
| +2.27% | 5.25B | |
| +26.93% | 3.29B | |
| -6.45% | 2.36B | |
| +19.82% | 2.31B | |
| +15.77% | 1.68B | |
| +19.29% | 1.5B |
- Stock Market
- Equities
- 600489 Stock
- Financials Zhongjin Gold Corp.,Ltd
