1. China Stocks

  2. •

    Non-energy minerals

  3. •

    Precious metals
Zhaojin Mining Industry Co., Ltd. Class H

Zhaojin Mining Industry Co., Ltd. Class H

1.85
EUR
-0.15
(-7.50%)
8.08BMarket Cap
Mar 19Next Earn
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
2.6
2.14
1.89
1.98
2.25
2.11
2.23
1.96
2.34
2.1
2.41
2.58
3.44
- -
Basic EPS, GAAP
0.66
0.25
0.15
0.1
0.12
0.2
0.15
0.15
0.32
0.01
0.12
0.21
0.43
- -
Free Cash Flow per Basic Share
-0.26
-0.59
-0.37
-0.17
0.04
-0.15
-0.08
-0.01
0.68
0.13
-0.35
0.01
0.16
- -
Dividend per Share
0.22
0.27
0.14
0.07
0.08
0.06
0.1
0.06
0.09
0.13
0.03
0.1
0.09
- -
Book Value per Share
2.83
2.84
2.92
3.62
3.78
4.1
4.13
4.27
4.14
4.98
5.08
5.77
6.23
6.63
Tangible Book Value per Share
2.56
2.53
2.61
3.32
3.48
3.85
3.91
4.04
3.94
4.78
4.88
5.57
6.04
1.47
Basic Weighted Avg Shares
2,919
2,966
2,966
2,966
2,966
3,156
3,221
3,221
3,270
3,270
3,270
3,270
3,362
3,440
Sales/Revenue/Turnover
7,604
6,344
5,606
5,887
6,665
6,674
7,177
6,330
7,649
6,859
7,886
8,424
11,551
- -
Operating Margin (%)
38.12
21.55
21.14
21.38
25.5
26.48
21.74
21.19
31.82
17.61
16.83
24.76
26.27
- -
Depreciation Expense
420
617
691
752
844
916
1,017
1,021
1,078
874
983
993
1,349
- -
Net Income, GAAP
1,924
734
455
308
353
644
474
479
1,052
34
402
686
1,451
- -
Effective Tax Rate (%)
23.11
22.76
25.81
27.94
45.77
15.1
23.84
26.43
7.67
32.18
24.22
25.57
16.94
- -
Profit Margin (%)
25.3
11.57
8.12
5.23
5.3
9.65
6.61
7.57
13.76
0.49
5.1
8.15
12.56
- -
Working Capital
-563
-5,785
-4,892
-5,938
-8,266
-5,740
-2,817
-538
-5,540
-4,148
-2,620
793
-544
-86
LT Debt
2,740
2,308
4,864
3,873
2,033
2,414
6,335
9,600
5,545
5,621
8,169
9,959
10,466
9,782
Total Equity
9,248
9,323
9,750
13,646
14,135
16,764
16,808
17,363
17,057
19,729
20,047
22,244
25,192
27,588
Return on Invested Capital (%)
16.89
5.89
5.41
3.3
2.44
4.79
3.75
2.45
3.91
1.5
1.9
2.99
5
- -
Return on Capital (%)
15.55
5.74
4.16
2.57
1.9
3.1
2.4
2.99
4.31
0.81
1.66
2.44
3.34
- -
Return on Common Equity (%)
25.67
8.72
5.33
3.18
3.22
5.27
3.58
3.52
7.65
0.23
2.44
3.87
7.25
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'24
Dec'24
Jun'25
ST Debt
8,252
9,585
10,657
LT Borrowings
12,286
10,408
9,728
LT Finance Leases
64
58
54
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,402
3,402
3,542
Market Capitalization
41,070
33,349
68,184

Working Capital

CNY

•

in mil. unless spec.
Jun'24
Dec'24
Jun'25
Total Current Assets
13,699
13,891
16,996
Cash, Cash Equivalents & STI
3,514
3,588
5,514
Accounts Receivable, Net
417
177
574
Inventories
6,112
6,246
6,974
Total Current Liabilities
12,284
14,435
17,082
Payables & Accruals
- -
- -
- -
ST Debt
8,252
9,585
10,657
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.54%
7.94%
13.25%
Free Cash Flow
-818.41%
-1,472.25%
1,251.42%
Net Income, GAAP
133.7%
259.54%
111.35%
Sales/Revenue/Turnover
8.35%
13.88%
37.12%
Total Cash Common Dividend
21.2%
50%
-6.6%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
8,424
2024
- -
- -
11,551
2025
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.21
2024
- -
- -
0.43
2025
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.1
2024
- -
- -
0.09
2025
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Lei Duan
Full Time Employees
7,157
Sector
Non-energy minerals
Industry
Precious metals
Address
118 Wenquan Road Zhaoyuan SD China 265400
IPO Date
Dec 8, 2006
Website
zhaojin.com.cn
Similar Companies
Newmont Corporation (NYSE:NEM)
Polus (MOEX:PLZL)
Critical Metals Corp. (NASDAQ:CRML)
Turk Altin Isletmeleri A.S. (BIST:TRALT)
Hecla Mining Company (NYSE:HL)
Coeur Mining, Inc. (NYSE:CDE)
Business
Zhaojin Mining Industry Company Limited (1818.HK) is a leading Chinese gold producer engaged in gold exploration, mining, processing, beneficiation, smelting and sales; copper mining and smelting; and other ancillary operations including investment activities, finance, hotel and catering, and engineering design and consulting. The company produces standard Au9999 and Au9995 gold bullions, silver and crude copper as by-products, with principal operations centered on the Zhaoyuan Gold Mine Cluster in Shandong Province including the Dayingezhuang Gold Mine, and additional mines in Gansu, Xinjiang, Inner Mongolia, Heilongjiang, and overseas projects in Australia, Côte d'Ivoire, Sierra Leone and Ecuador. Incorporated in the People's Republic of China in 2004 and listed on the Hong Kong Stock Exchange in 2006, Zhaojin Mining is headquartered in Zhaoyuan City, Shandong Province, known as China's Gold Capital, and holds recoverable gold reserves of approximately 16.6 million ounces and mineral resources of 49.5 million ounces as of late 2024. Recent developments include the finalization in June 2024 of its full acquisition of Australian Tietto Minerals Limited, adding the Abujar gold mine project with 1.36 million ounces of reserves and 3.83 million ounces of resources; acquisition of a 60% stake in the Kowloon gold mine for CNY 180 million in June 2024; a US$30 million cornerstone investment agreement in September 2025 with Zijin International, a subsidiary of Zijin Mining, its second largest shareholder since 2022; renewal of gold concentrates agreements with parent Shandong Zhaojin Group in October 2025; and a strategic collaboration memorandum with Ant Digital Technologies in November 2025. The company, a subsidiary of Shandong Zhaojin Group, continues to expand its national and international footprint through mergers, acquisitions and exploration to bolster gold reserves and production.