Shandong Gold Mining Co., Ltd. Class H (1787) AI Stock Analysis

• Market Cap: HK$140.79B
• Dividend Yield: 1%
• Average Volume (3M): 22.21M
• Price to Earnings (P/E): 37.6
• Beta (1Y): 0.49
• Revenue Growth: 36.74%
• EPS Growth: 36.49%
• Country: HK
• Employees: 17,439
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Gold
• EPS (TTM): 0.60
• Shares Outstanding: 858,986,200
• 10 Day Avg. Volume: 16,397,937
• 30 Day Avg. Volume: 22,209,904
• PEG Ratio: 1.03
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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$19.80
• Price Target Upside: -18.35% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Shandong Gold Mining Co., Ltd. demonstrates strong financial performance with robust revenue growth and efficient operations. Despite higher leverage, the company's profitability remains solid. The technical analysis indicates strong upward momentum, balancing the relatively high valuation with a favorable market position.

Shandong Gold Mining Co., Ltd. Class H Business Overview & Revenue Model

Company Description

Shandong Gold Mining Co., Ltd. engages in the exploration, mining, processing, smelting, and selling of gold and silver ores in the People's Republic of China. The company operates through Gold Mining, Gold Refining, and Investment Management segments. It is involved in refining, processing, production, and sales of gold products; production and sales of specialized equipment for gold mines, and construction and decoration materials; investing in equity funds; trading of gold bullion; and provision of brokerage services for trading of futures contracts, as well as production of gold bullions, investment gold bars, and silver ingots. The company also engages in the asset and investment management activities. Shandong Gold Mining Co., Ltd. was incorporated in 2000 and is headquartered in Jinan, the People's Republic of China.

How the Company Makes Money

Shandong Gold Mining Co., Ltd. generates revenue primarily through the exploration, extraction, and sale of gold. The company owns and operates several gold mines, which are the core sources of its raw gold products. Once extracted, the gold is processed and refined into bullion and other forms, which are then sold to various customers, including jewelry manufacturers, financial institutions, and other industrial users. In addition to mining and selling gold, the company also earns revenue through the sale of investment-grade gold products and, to a lesser extent, by providing mining-related services. Strategic partnerships and joint ventures with other mining companies and entities also play a role in enhancing its operational capabilities and market reach.

Shandong Gold Mining Co., Ltd. Class H Financial Statement Overview

Summary

Overall, Shandong Gold Mining Co., Ltd. is in a strong financial position with robust revenue growth, efficient operations, and solid asset management. While the company has higher leverage, its profitability and operational cash flows remain strong, supporting its strategic initiatives in the gold industry.

Income Statement

Shandong Gold Mining Co., Ltd. demonstrates strong revenue growth, with a notable increase from 2019 to 2024. The company has a solid gross profit margin and steady improvement in net profit margins over the years, indicating effective cost management. EBIT and EBITDA margins are healthy, suggesting good operational efficiency.

Balance Sheet

The company's balance sheet reflects a significant increase in total assets and equity over time, which supports growth prospects. While the debt-to-equity ratio has increased, indicating higher leverage, the company maintains a reasonable equity ratio. The ROE is solid, reflecting strong profitability relative to equity.

Cash Flow

Operating cash flow has shown consistent growth, aligning with income statement performance. However, the lack of detailed free cash flow data limits further analysis. The company has managed its financing activities effectively, supporting its growth objectives.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
82.52B	59.28B	50.31B	33.93B	63.66B
	Gross Profit
13.62B	9.84B	7.09B	3.58B	7.85B
	EBIT
5.74B	3.62B	3.39B	17.94M	3.57B
	EBITDA
12.73B	9.13B	6.29B	2.52B	6.47B
	Net Income Common Stockholders
2.95B	2.33B	1.25B	―	2.02B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
14.83B	14.13B	12.59B	7.69B	6.35B
	Total Assets
160.66B	134.60B	90.72B	78.31B	63.86B
	Total Debt
57.00B	50.19B	20.95B	12.87B	10.06B
	Net Debt
45.93B	39.96B	11.32B	7.86B	6.77B
	Total Liabilities
102.09B	81.34B	54.03B	46.52B	32.21B
	Stockholders Equity
37.80B	33.08B	32.88B	29.22B	28.76B
Cash Flow		Free Cash Flow
―	―	―	―	1.04B
	Operating Cash Flow
13.34B	6.85B	2.97B	1.82B	5.81B
	Investing Cash Flow
―	-20.62B	―	―	―
	Financing Cash Flow
11.00B	14.44B	5.46B	2.14B	2.28B

Shandong Gold Mining Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 24.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1787, the sentiment is Positive. The current price of 24.25 is above the 20-day moving average (MA) of 21.98, above the 50-day MA of 18.73, and above the 200-day MA of 16.06, indicating a bullish trend. The MACD of 1.53 indicates Positive momentum. The RSI at 66.18 is Neutral, neither overbought nor oversold. The STOCH value of 46.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1787.

Shandong Gold Mining Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1787	76 Outperform	HK$140.79B	37.64	10.43%	1.00%	36.74%	36.49%
CGG	64 Neutral	C$3.57B	41.51	3.69%	0.77%	67.86%	―
Sector *	49 Neutral	$1.96B	-1.23	-21.20%	3.72%	0.95%	-28.96%

Shandong Gold Mining Co., Ltd. Class H Corporate Events

Shandong Gold Mining Releases 2025 Q1 Report

Shandong Gold Mining Co., Ltd. has released its unaudited first quarterly report for 2025, covering the period ending March 31. The report, prepared in compliance with Chinese accounting standards, assures stakeholders of the authenticity and accuracy of its financial data, although specific financial figures were not disclosed in the announcement.

Shandong Gold Mining Projects Strong Q1 2025 Profit Growth

Shandong Gold Mining Co., Ltd. has announced an estimated increase in net profit for the first quarter of 2025, projecting a rise to between RMB950 million and RMB1,130 million. This represents a significant year-on-year increase of 35.74% to 61.45%, attributed to strategic production optimization, technological advancements, and favorable gold price trends, marking a strong start to the year.

Shandong Gold Mining Announces Upcoming Board Meeting for Quarterly Results

Shandong Gold Mining Co., Ltd. has announced a board meeting scheduled for April 28, 2025, to consider and approve the company’s first quarterly results for the period ending March 31, 2025. This meeting is significant as it will determine the company’s financial performance for the quarter, potentially impacting its market positioning and stakeholder interests.

Shandong Gold Mining’s Major Shareholder Plans Significant Investment Increase

Shandong Gold Mining Co., Ltd. announced a plan for its controlling shareholder, SD Gold Group, and its affiliates to increase their shareholdings in the company. This move, driven by confidence in the company’s long-term investment value, involves an investment of between RMB0.5 billion and RMB1.0 billion in A Shares over the next twelve months. The initiative underscores the shareholder’s commitment to the company’s future growth, although it is subject to market conditions which may affect its full implementation.

Shandong Gold Mining Reports Strong 2024 Financial Results

Shandong Gold Mining Co., Ltd. reported a significant financial performance for the year ended December 31, 2024, with a revenue increase of 39.21% to approximately RMB82,517.99 million and a profit increase of 55.41% to approximately RMB4,387.60 million compared to the previous year. The company’s strong financial results, including a proposed final dividend, reflect its robust operational capabilities and enhanced market positioning, benefiting stakeholders and reinforcing its status in the gold mining industry.

Shandong Gold Mining Announces Final Dividend for 2024

Shandong Gold Mining Co., Ltd. has announced a final ordinary cash dividend of RMB 1.48 per 10 shares for the financial year ending December 31, 2024. The payment date is set for August 15, 2025, with other details such as exchange rate and ex-dividend date yet to be announced. This dividend announcement reflects the company’s financial performance and commitment to returning value to its shareholders, potentially impacting its market positioning and investor relations.

Shandong Gold Mining Announces 2024 Asset Impairment Provision

Shandong Gold Mining Co., Ltd. has announced a provision for asset impairment for the year 2024, approved during the 71st board meeting and the 43rd supervisory committee meeting. This decision reflects the company’s commitment to accurately represent its financial condition by conducting a comprehensive inventory and impairment tests on various assets, including goodwill, inventories, and receivables, in accordance with relevant accounting standards.

Shandong Gold Mining Co., Ltd. Announces Board Meeting to Approve 2024 Annual Results

Shandong Gold Mining Co., Ltd. has announced a board meeting scheduled for March 27, 2025, to discuss and approve the company’s annual results for the year ending December 31, 2024. The meeting will also consider the publication of these results and the potential payment of a final dividend, which could impact shareholder returns and reflect the company’s financial health.