not vested
<Result Ann>ZHAOJIN MINING Interim Net Profit RMB239M, Down 20.8%
ZHAOJIN MINING (01818.HK) announced interim result ended June 2019.
The turnover declined 1.8% year on year to RMB2.818 billion.
The net profit amounted to RMB239 million, down 20.8% yearly. EPS was RMB0.07.
No dividend was declared.
Source: AAStocks Financial News
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Zhaojin Mining 1818
Re: Zhaojin Mining 1818
by winston » Mon Aug 26, 2019 9:18 am
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Zhaojin Mining 1818
by winston » Thu Aug 06, 2020 11:42 am
vested
COMPANY PROFILE
Zhaojin Mining Industry Company Limited is principally engaged in the exploration, mining, processing, smelting of gold and the sale of gold products in Mainland China.
The Company operates its business through three segments.
The Gold Operations segment is engaged in gold mining and smelting operations.
The Copper Operations segment is engaged in copper mining and smelting operations.
The Others segment is engaged in the Company’s other investment activities and hotel catering operations.
The Company’s subsidiaries include Zhaoyuan Jintingling Mining Industry Company Limited, Minxian Tianhao Gold Company Limited and Tuoli Zhaojin Beijiang Mining
COMPANY PROFILE
Zhaojin Mining Industry Company Limited is principally engaged in the exploration, mining, processing, smelting of gold and the sale of gold products in Mainland China.
The Company operates its business through three segments.
The Gold Operations segment is engaged in gold mining and smelting operations.
The Copper Operations segment is engaged in copper mining and smelting operations.
The Others segment is engaged in the Company’s other investment activities and hotel catering operations.
The Company’s subsidiaries include Zhaoyuan Jintingling Mining Industry Company Limited, Minxian Tianhao Gold Company Limited and Tuoli Zhaojin Beijiang Mining
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 112616
- Joined: Wed May 07, 2008 9:28 am
Re: Zhaojin Mining 1818
by winston » Thu Jun 15, 2023 11:08 am
not vested
C Suisse Increases TP of ZHAOJIN MINING (01818.HK) to $12.8, Rates Outperform
2023/06/13
Credit Suisse reported that with the rise in gold trading volume, ZHAOJIN MINING (01818.HK) will be the main beneficiary of the rise in gold prices.
The broker expected gold prices to be supported by investors' expectations of falling interest rates, a rare opportunity in the gold business.
Credit Suisse raised ZHAOJIN's 2023 and 2024 earnings forecast by 28% and 23% respectively to reflect higher margins as higher sales volumes will lower unit costs.
The broker mentioned that in the medium to long term, if the US economy falls into recession, the market may expect the US to cut interest rates, which will support gold prices.
Credit Suisse raised ZHAOJIN's target price from $7.7 to $12.8 while maintaining its Outperform rating.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... 272064/all
C Suisse Increases TP of ZHAOJIN MINING (01818.HK) to $12.8, Rates Outperform
2023/06/13
Credit Suisse reported that with the rise in gold trading volume, ZHAOJIN MINING (01818.HK) will be the main beneficiary of the rise in gold prices.
The broker expected gold prices to be supported by investors' expectations of falling interest rates, a rare opportunity in the gold business.
Credit Suisse raised ZHAOJIN's 2023 and 2024 earnings forecast by 28% and 23% respectively to reflect higher margins as higher sales volumes will lower unit costs.
The broker mentioned that in the medium to long term, if the US economy falls into recession, the market may expect the US to cut interest rates, which will support gold prices.
Credit Suisse raised ZHAOJIN's target price from $7.7 to $12.8 while maintaining its Outperform rating.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... 272064/all
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 112616
- Joined: Wed May 07, 2008 9:28 am
Re: Zhaojin Mining 1818
by winston » Mon Apr 15, 2024 1:52 pm
vested
<Research>M Stanley Raises ZHAOJIN MINING (01818.HK) TP to $14; Rating Equalweight
In a report, Morgan Stanley raised its TP on ZHAOJIN MINING (01818.HK) from $13.3 to $14, rating it Equalweight.
The broker updated its calculation model for the company to include the latest guidance for the new Haiyu Mine.
The Haiyu Mine is scheduled to commence production by the end of the year and will reach full capacity of 10-15 tons by around 2026.
The broker is now assuming a contribution of 10 tons from the Haiyu Mine in 2026 compared to the previous assumption of 7 tons.
Meanwhile, assumptions for 2024-25 remained unchanged.
Related News: ZHAOJIN MINING 1Q NP Surges 1.24x YoY to RMB220M
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
<Research>M Stanley Raises ZHAOJIN MINING (01818.HK) TP to $14; Rating Equalweight
In a report, Morgan Stanley raised its TP on ZHAOJIN MINING (01818.HK) from $13.3 to $14, rating it Equalweight.
The broker updated its calculation model for the company to include the latest guidance for the new Haiyu Mine.
The Haiyu Mine is scheduled to commence production by the end of the year and will reach full capacity of 10-15 tons by around 2026.
The broker is now assuming a contribution of 10 tons from the Haiyu Mine in 2026 compared to the previous assumption of 7 tons.
Meanwhile, assumptions for 2024-25 remained unchanged.
Related News: ZHAOJIN MINING 1Q NP Surges 1.24x YoY to RMB220M
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 112616
- Joined: Wed May 07, 2008 9:28 am
Re: Zhaojin Mining 1818
by winston » Tue Apr 16, 2024 2:27 pm
vested
<Research>CCBI Downgrades ZHAOJIN MINING (01818.HK) to Neutral, Adds TP to $14.1
CCBI commented in a report that ZHAOJIN MINING (01818.HK) is currently trading at an expensive valuation of 22.6x P/E, 2.9x P/B and 11.4x EV/EBITDA based on the broker's 2025 results forecast.
As they are close to the average of 25x P/E, 2.5x P/B and 12x EV/EBITDA over the past 5 years, the broker elevated ZHAOJIN's target price from $12.9 to $14.1, but downgraded its rating from Outperform to Neutral since the potential upside is only 3%.
The broker also cut its profit forecasts for ZHAOJIN by 36% and 19% for 2024/25 respectively, and its profit for 2024 and 2025 is expected to hike by 46% and 106% YoY to RMB1 billion and RMB2.1 billion respectively.
Related News: ZHAOJIN MINING 1Q NP Surges 1.24x YoY to RMB220M
According to CCBI, ZHAOJIN expected its total self-produced gold output for this year at 13.2 tonnes, 3% lower than last year and 6% lower than the broker's forecast.
The broker predicted the company's total self-produced gold to rise by 55% YoY to 20.4 tonnes in 2025, following the ramp-up of production at the Xiadian and Dayingezhuang projects and the commissioning of the Haiyu Gold Mine.
The broker increased its unit cost of production forecasts by 25% for 2024 and 27% for 2025, reflecting continued cost pressures at the low-cost Haiyu Gold Mine until production reaches its design limit in 2027 or 2028.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
<Research>CCBI Downgrades ZHAOJIN MINING (01818.HK) to Neutral, Adds TP to $14.1
CCBI commented in a report that ZHAOJIN MINING (01818.HK) is currently trading at an expensive valuation of 22.6x P/E, 2.9x P/B and 11.4x EV/EBITDA based on the broker's 2025 results forecast.
As they are close to the average of 25x P/E, 2.5x P/B and 12x EV/EBITDA over the past 5 years, the broker elevated ZHAOJIN's target price from $12.9 to $14.1, but downgraded its rating from Outperform to Neutral since the potential upside is only 3%.
The broker also cut its profit forecasts for ZHAOJIN by 36% and 19% for 2024/25 respectively, and its profit for 2024 and 2025 is expected to hike by 46% and 106% YoY to RMB1 billion and RMB2.1 billion respectively.
Related News: ZHAOJIN MINING 1Q NP Surges 1.24x YoY to RMB220M
According to CCBI, ZHAOJIN expected its total self-produced gold output for this year at 13.2 tonnes, 3% lower than last year and 6% lower than the broker's forecast.
The broker predicted the company's total self-produced gold to rise by 55% YoY to 20.4 tonnes in 2025, following the ramp-up of production at the Xiadian and Dayingezhuang projects and the commissioning of the Haiyu Gold Mine.
The broker increased its unit cost of production forecasts by 25% for 2024 and 27% for 2025, reflecting continued cost pressures at the low-cost Haiyu Gold Mine until production reaches its design limit in 2027 or 2028.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 112616
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