Persistence Resources Group Ltd (2489) Stock Price & Analysis

2 Followers

2489 Stock Chart & Stats

HK$0.71HK$0.00(-2.74%)

At close: Nov 10 4:00 PM GMT+8

Day’s Range: HKD 0.68 - HKD 0.72
52-Week Range: HKD 0.56 - HKD 1.59
Previous Close: HKD 0.73
Volume: N/A
Average Volume (3M): 381.77K
Market Cap: HKD 1.70B
Enterprise Value: HKD 1.69B
Total Cash (Recent Filing): HKD 1.19B
Total Debt (Recent Filing): HKD 235.02M
Price to Earnings (P/E): 11.1
Beta: 0.04
Next Earnings: Nov 27, 2026 (Est.)
EPS Estimate: N/A
Last Dividend Ex-Date: Sep 10, 2026
Dividend Yield: 4.40%

Bulls Say, Bears Say

Bulls Say

Strong Profitability

TTM revenue and margins indicate a profitable operating base with substantial gross and EBIT spreads. Maintaining this level of profitability can support internal reinvestment and resilience over the next several quarters, while the multi-year consistency cited in the pack makes the strength more durable than a single reporting period.

Revenue Expansion

Revenue has expanded strongly versus earlier periods, and the reported 23.9% growth indicates meaningful current top-line momentum. A larger revenue base can improve operating scale and broaden the resources available for investment, although the company’s longer-term benefit depends on converting growth into steadier recurring performance.

Conservative Leverage

A debt-to-equity ratio of approximately 0.17 indicates conservative leverage relative to the company’s equity and asset base. This provides greater financial flexibility than a highly indebted structure, helping the company absorb operating variability and fund reinvestment without relying as heavily on additional borrowing.

Bears Say

Weak Cash Conversion

Cash generation is positive, but free cash flow captures only about 63% of net income and operating cash flow is below EBITDA at roughly 0.72 times. This weaker conversion can constrain internally funded investment and shareholder returns, particularly if the pattern persists across future reporting periods.

Profitability Normalization

The decline in net margin from the 2024 peak suggests that profitability has normalized from an unusually stronger level. Combined with volatile annual revenue growth, this creates uncertainty around the durability of recent earnings momentum and could limit the predictability of margins and profits over the next several quarters.

Higher Debt Than 2024

Although leverage remains conservative, the increase from near-zero debt in 2024 reduces balance-sheet flexibility relative to the company’s prior position. Higher absolute debt can increase financing commitments and make the business less able to rely on an exceptionally strong low-leverage structure if operating performance or cash conversion weakens.

Persistence Resources Group Ltd News

Persistence Gold Group Extends Long-Stop Dates for Subsidiary Disposal

An update from Persistence Resources Group Ltd ( ($HK:2489) ) is now available. Persistence Gold Group Ltd is a Hong Kong-listed company whose release concerns the disposal of a subsidiary.

1d ago2489

Persistence Gold Details Valuation and Strategy Behind Subsidiary Disposal

Persistence Resources Group Ltd ( ($HK:2489) ) has provided an announcement. Persistence Gold Group Ltd has provided additional details on the valuation underlying the disposal of a subsidiary that owns

4w ago2489

Persistence Gold Details Valuation Behind Mining Subsidiary Disposal

The latest announcement is out from Persistence Resources Group Ltd ( ($HK:2489) ). Persistence Gold Group Ltd has issued a supplemental announcement detailing the valuation process behind its planned disposal

2M ago2489

Persistence Gold Group Declares Interim Dividend for 2026

Persistence Resources Group Ltd ( ($HK:2489) ) just unveiled an announcement. Persistence Gold Group Ltd has declared an interim ordinary cash dividend of HKD 0.03125 per share for the financial

2M ago2489

Persistence Gold Boosts Profit and Raises Interim Dividend on Strong First-Half Results

Persistence Resources Group Ltd ( ($HK:2489) ) has shared an update. Persistence Gold Group Ltd reported solid interim results for the six months ended 30 June 2026, with revenue rising

2M ago2489

Persistence Gold Group exits key subsidiary in RMB174 million connected deal

An announcement from Persistence Resources Group Ltd ( ($HK:2489) ) is now available. Persistence Gold Group Ltd has moved to streamline its portfolio by agreeing to sell its entire 52%

2M ago2489

Persistence Gold Schedules Board Meeting to Approve Interim Results and Consider Dividend

The latest announcement is out from Persistence Resources Group Ltd ( ($HK:2489) ). Persistence Gold Group Ltd has scheduled a board meeting for 31 August 2026 to review and approve

2M ago2489

Persistence Gold Reshapes Board Leadership While Keeping CEO in Place

An announcement from Persistence Resources Group Ltd ( ($HK:2489) ) is now available. Persistence Gold Group Ltd has announced a leadership reshuffle, with long-standing chairman Dr. Shao Xuxin stepping down

3M ago2489

Persistence Gold Group Details Board and Committee Structure

Persistence Resources Group Ltd ( ($HK:2489) ) has shared an update. Persistence Gold Group Ltd, incorporated in the Cayman Islands and listed in Hong Kong, has disclosed the current composition

3M ago2489

Persistence Gold Launches HK$20 Million Share Buy-Back Plan

Persistence Resources Group Ltd ( ($HK:2489) ) has shared an update. Persistence Gold Group Ltd has announced a voluntary on-market share repurchase plan, exercising its existing mandate to buy back

4M ago2489

2489 FAQ

What was Persistence Resources Group Ltd’s price range in the past 12 months?

Persistence Resources Group Ltd lowest stock price was HK$0.56 and its highest was HK$1.59 in the past 12 months.

What is Persistence Resources Group Ltd’s market cap?

Persistence Resources Group Ltd’s market cap is HK$1.70B.

When is Persistence Resources Group Ltd’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Persistence Resources Group Ltd’s earnings last quarter?

Persistence Resources Group Ltd released its earnings results on Mar 31, 2026. The company reported HK$0.018 earnings per share for the quarter.

Is Persistence Resources Group Ltd overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Persistence Resources Group Ltd pay dividends?

Persistence Resources Group Ltd pays a dividend of HK$0.031 which represents an annual dividend yield of 4.4%. See more information on Persistence Resources Group Ltd dividends here

What is Persistence Resources Group Ltd’s EPS estimate?

Persistence Resources Group Ltd’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Persistence Resources Group Ltd have?

Persistence Resources Group Ltd has 2,400,000,000 shares outstanding.

What happened to Persistence Resources Group Ltd’s price movement after its last earnings report?

Persistence Resources Group Ltd reported an EPS of HK$0.018 in its last earnings report. Following the earnings report the stock price went down -1.79%.

Which hedge fund is a major shareholder of Persistence Resources Group Ltd?

Currently, no hedge funds are holding shares in HK:2489

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Persistence Resources Group Ltd Stock Smart Score

Underperform

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