GuoCheng Mining Co., Ltd. Class A

GuoCheng Mining Co., Ltd. Class A

SSZSE:000688
21.20
CNY
+0.54
(+2.61%)
1.93EPS
27.56P/E
40.56BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.59
0.87
0.96
0.98
1.09
1.08
0.92
0.83
1.56
1.41
1.09
3.75
4.32
6.03
Basic EPS, GAAP
0.25
0.28
0.25
0.21
0.36
0.36
0.15
0.13
0.19
0.17
0.06
0.41
0.97
1.24
Free Cash Flow per Basic Share
0.03
-0.18
0.03
0.27
0.36
0.34
0.07
-0.07
-0.25
-0.36
- -
-0.33
0.18
- -
Dividend per Share
0.01
0.01
0.01
- -
- -
0.1
- -
- -
0.02
0.03
0.12
0.12
0.1
0.27
Book Value per Share
0.88
1.06
1.31
1.54
1.91
2.06
1.87
2.13
2.28
2.55
2.63
3.67
2.2
2.86
Tangible Book Value per Share
0.82
1
1.24
1.46
1.83
1.98
1.78
2.03
1.95
2.18
2.25
3.03
1.7
2.3
Basic Weighted Avg Shares
1,134
1,137
1,137
1,137
1,137
1,137
1,111
1,096
1,096
1,096
1,096
1,096
1,113
1,161
Sales/Revenue/Turnover
670
987
1,091
1,114
1,240
1,226
1,021
908
1,709
1,547
1,196
4,103
4,806
7,006
Operating Margin (%)
50.03
39.66
33.24
27.56
42.83
37.76
16.3
20.28
15.6
12.58
7.29
32.44
27.65
39.62
Depreciation Expense
42
44
64
69
82
97
122
146
151
175
191
423
478
- -
Net Income, GAAP
281
323
288
234
412
405
171
147
208
185
63
451
1,076
1,442
Effective Tax Rate (%)
16.44
16.66
17.62
18.59
18.08
16.5
14.46
18.28
20.77
8.73
51.7
21.94
17.62
14.9
Profit Margin (%)
42.02
32.69
26.44
21.03
33.25
33.04
16.74
16.21
12.14
11.98
5.24
11
22.4
20.58
Working Capital
405
103
213
437
823
802
149
965
-706
-2,209
-2,669
-2,929
-2,181
420
LT Debt
- -
- -
- -
- -
- -
- -
- -
704
909
1,521
1,758
1,652
2,315
5,088
Total Equity
999
1,206
1,494
1,772
2,192
2,339
2,132
2,418
3,000
3,227
3,280
5,326
3,390
4,499
Return on Invested Capital (%)
29.1
26.1
18.17
13.97
21.82
17.72
8.06
5.81
5.96
3.83
0.7
13.35
20.62
26.3
Return on Capital (%)
30.52
27.29
19.44
14.05
20.92
17.97
7.66
5.66
7.05
5.47
2.23
2.69
10.02
9.68
Return on Common Equity (%)
33.15
29.26
21.4
14.47
21.04
17.96
7.64
6.47
8.28
6.8
2.16
12.77
31.99
41.2

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,621
1,667
1,880
LT Borrowings
2,280
2,834
5,048
LT Finance Leases
35
35
40
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,185
1,185
1,185
Market Capitalization
32,945
46,064
40,565

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,155
2,755
5,076
Cash, Cash Equivalents & STI
907
1,337
3,177
Accounts Receivable, Net
82
130
171
Inventories
475
421
870
Total Current Liabilities
4,336
4,317
4,656
Payables & Accruals
- -
- -
- -
ST Debt
1,621
1,667
1,880
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.29%
11.86%
-36.36%
Free Cash Flow
-612.64%
-1,343.81%
-157.13%
Net Income, GAAP
70.62%
144.48%
138.48%
Sales/Revenue/Turnover
30.09%
63.28%
17.13%
Total Cash Common Dividend
- -
- -
-11.89%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
299
478
602
539
4,103
2025
1,086
555
- -
3,088
4,806
2026
1,696
1,667
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.04
0.01
-0.15
0.41
2025
0.67
-0.08
- -
0.53
0.97
2026
0.3
0.47
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.05
0.03
0.12
2025
0.02
0.02
- -
0.03
0.1
2026
0.04
0.18
- -
- -
- -

Company Description

CEO
Sheng Li Zhu
Full Time Employees
3,190
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Building 19 Beijing BE China 100070
IPO Date
Jan 20, 1997
Business
GuoCheng Mining CO.,LTD (000688.SZ) is a China-based company principally engaged in non-ferrous metal mining, mineral processing, trading, and downstream production of sulfuric acid. The company's core products and services include zinc concentrate, lead concentrate, copper concentrate, silver concentrate, sulfur concentrate, pyrite powder, industrial sulfuric acid, secondary iron concentrates, and sulfur iron powder; it also trades non-ferrous metal mineral products as well as precious and rare metals such as gold and silver. Founded in 1978 and formerly known as Jianxin Mining Co., Ltd. until its name change in August 2018, the company is headquartered in Beijing with mining and processing operations primarily in Inner Mongolia, Sichuan, and other provinces across China. In recent developments, GuoCheng Mining agreed in December 2024 to acquire a 60% stake in Inner Mongolia Guocheng Industrial Co., Ltd. from Guocheng Holdings Group Co., Ltd. for approximately CNY 3.168 billion in cash, pending shareholder approval, which would make the target a controlling subsidiary and expand its industrial footprint. The company, part of the broader Guocheng Holdings Group established in 2017, operates within the non-ferrous metals sector, focusing on lead-zinc mining, rare metals like silver, and comprehensive resource recycling, serving domestic markets in China. Its subsidiaries and affiliates, such as those involved in the Dongshengmiao polymetallic mine, support annual production capacities reaching millions of tons of polymetallic ore.