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Zhaojin Mining Industry Co (1818) AI Stock Analysis
Zhaojin Mining Industry Co
(HKEX:1818)
The score is supported primarily by improved financial performance (strong revenue and margin rebound plus higher operating and free cash flow), but is held back by weak technical trends (price below key moving averages with negative MACD and low RSI/Stoch) and balance-sheet risk from higher leverage (debt-to-equity ~1.26). Valuation is reasonable on P/E, though the low dividend yield provides limited offset.
Zhaojin Mining Industry Co (1818) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 9.03B
- Dividend Yield
- 0.74%
- Average Volume (3M)
- 19.81M
- Price to Earnings (P/E)
- 13.1
- Beta (1Y)
- 0.89
- Revenue Growth
- 49.44%
- EPS Growth
- 57.33%
- Country
- Hong Kong
- Employees
- 7,157
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Zhaojin Mining Industry Co Business Overview & Revenue Model
Company Description
As an investment holding enterprise, Zhaojin Mining Industry Company Limited is deeply involved in the exploration, extraction, refining, and marketing of gold, silver, and copper throughout the People's Republic of China. Its business activities are...
How the Company Makes Money
Zhaojin Mining Industry Co., Ltd. primarily makes money by producing and selling gold. Its core revenue model is tied to: (1) Gold sales: revenue generated from the sale of gold produced from its mines, typically priced with reference to prevailing m...
Zhaojin Mining Industry Co Financial Statement Overview
Summary
Strong recent improvement in profitability and growth (revenue up ~18.9% with net margin expanding to ~20.0%) and better cash generation (FCF ~3.14B). Offsetting this, leverage has risen (debt-to-equity ~1.26), increasing cyclicality risk for a gold miner, and FCF is ~54% of net income, indicating less-than-ideal cash conversion.
Income Statement
82Very PositiveBalance Sheet
63PositiveCash Flow
70Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 20.10B | 18.06B | 11.55B | 8.42B | 7.89B | 6.86B |
| Gross Profit | 8.87B | 7.57B | 4.52B | 3.24B | 2.66B | 2.69B |
| EBITDA | 8.61B | 7.15B | 4.03B | 2.70B | 2.23B | 1.70B |
| Net Income | 3.75B | 3.61B | 1.45B | 686.43M | 401.95M | 33.70M |
Balance Sheet | ||||||
| Total Assets | 61.03B | 57.31B | 53.57B | 46.87B | 45.89B | 43.02B |
| Cash, Cash Equivalents and Short-Term Investments | 8.35B | 6.23B | 3.59B | 4.44B | 5.11B | 4.24B |
| Total Debt | 24.51B | 24.36B | 20.05B | 17.79B | 18.81B | 16.91B |
| Total Liabilities | 35.88B | 33.50B | 28.38B | 24.62B | 25.84B | 23.29B |
| Stockholders Equity | 20.19B | 19.40B | 21.18B | 18.86B | 16.61B | 16.30B |
Cash Flow | ||||||
| Free Cash Flow | 5.61B | 3.14B | 318.48M | 283.10M | -768.09M | 419.97M |
| Operating Cash Flow | 8.80B | 5.85B | 2.38B | 1.83B | 692.97M | 2.80B |
| Investing Cash Flow | -3.01B | -3.69B | -6.35B | -1.96B | -1.96B | -2.88B |
| Financing Cash Flow | -4.13B | -2.38B | 3.11B | -551.68M | 1.83B | 1.24B |
Zhaojin Mining Industry Co Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1818, the sentiment is Negative. The current price of 15.51 is below the 20-day moving average (MA) of 17.18, below the 50-day MA of 19.75, and below the 200-day MA of 25.41, indicating a bearish trend. The MACD of -0.98 indicates Positive momentum. The RSI at 30.66 is Neutral, neither overbought nor oversold. The STOCH value of 15.71 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1818.
Zhaojin Mining Industry Co Peers Comparison
Overall Rating
HK:034081Outperform
HK:225977Outperform
HK:669373Outperform
HK:333065Neutral- HK:181860Neutral
HK:178750Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0340 | 81Outperform | HKD 12.14B | 11.88 | 22.79% | 1.40% | 64.96% | 84.76% |
| HK:2259 | 77Outperform | HKD 319.82B | 12.63 | 28.53% | 2.51% | 106.35% | 216.24% |
| HK:6693 | 73Outperform | HKD 79.87B | 14.07 | 23.19% | 1.87% | 28.82% | 20.15% |
| HK:3330 | 65Neutral | HKD 21.10B | 9.21 | 29.12% | 1.55% | -9.85% | 49.04% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| HK:1818 | 60Neutral | HKD 54.94B | 13.13 | 18.96% | 0.74% | 49.44% | 57.33% |
| HK:1787 | 50Neutral | HKD 115.10B | 27.06 | 12.37% | 3.34% | ― | ― |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1818 | Zhaojin Mining Industry Co Class H | 15.51 | -13.44 | -46.42% | |
| HK:0340 | Tongguan Gold Group Ltd. | 2.29 | -0.35 | -13.18% | |
| HK:3330 | Lingbao Gold Group Company Ltd. Class H | 15.30 | -1.26 | -7.59% | |
| HK:1787 | Shandong Gold Mining Co., Ltd. Class H | 15.86 | -16.00 | -50.22% | |
| HK:6693 | Chifeng Jilong Gold Mining Co., Ltd. Class H | 28.86 | 0.10 | 0.33% | |
| HK:2259 | Zijin Gold International Company Limited | 119.50 | -7.66 | -6.02% |
Zhaojin Mining Industry Co Corporate Events
Zhaojin Mining Reshapes Senior Management and Board Roles
Zhaojin Mining Industry announced a slate of senior management changes effective 17 October 2026, including the resignation of executive director, vice president and board secretary Wang Ligang, who is stepping down due to a reallocation of work. The...
Zhaojin Mining Details Board Structure and Committee Roles
Zhaojin Mining Industry Company Limited is a joint stock mining company incorporated in the PRC and listed under stock code 1818, operating primarily in gold and mineral resource development from its base in Zhaoyuan, Shandong. Its governance framewo...
Zhaojin Mining Reports Third-Quarter 2026 Asset Growth Under PRC GAAP
Zhaojin Mining Industry Company Limited has released unaudited consolidated financial information for the nine months ended 30 September 2026, prepared under PRC GAAP and published on domestic financial information platforms. The report shows an incr...
Zhaojin Mining Extends RMB1.4 Billion in Loans to Subsidiary Ruihai Mining
Zhaojin Mining Industry Company Limited is a PRC-based joint stock company operating in the mining sector, with a focus on gold and related mineral resources and a network of subsidiaries. It counts Zijin Mining as a substantial shareholder, reflecti...
Zhaojin Mining Sets October Board Meeting to Approve Q3 Results
Zhaojin Mining Industry Company Limited has scheduled a board meeting for 15 October 2026 to review and approve its unaudited consolidated third-quarter report for the nine months ended 30 September 2026. Following board approval, the company plans t...
Zhaojin Mining Posts Strong Interim Profit But Withholds Dividend
Zhaojin Mining Industry reported a strong set of unaudited interim results for the six months ended 30 June 2026, prepared under HKAS 34 and reviewed by its audit committee. Revenue rose 29.38% year-on-year to about RMB9.02 billion, driven by higher...
Zhaojin Mining Sets Board Meeting to Approve 2026 Interim Results
Zhaojin Mining Industry Company Limited has scheduled a board meeting for 21 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026. The board will also consider authorizing the publication of these inte...
Zhaojin Mining Reshapes Top Leadership, Promotes Li Guanghui to President
Zhaojin Mining Industry announced a leadership reshuffle effective 2 August 2026, with executive director Wang Leyi stepping down as president and executive director Duan Lei resigning as authorised representative following internal work reallocation...
Zhaojin Mining Sets Out Board Line-Up and Governance Committees
Zhaojin Mining Industry Company Limited has disclosed the current composition of its board of directors, naming Wang Leyi as chairman alongside a team of executive, non-executive and independent non-executive directors. The governance structure under...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 27, 2026