Want to see HK:2489 full AI Analyst Report?
Persistence Resources Group Ltd (2489) AI Stock Analysis
Persistence Resources Group Ltd
(HKEX:2489)
Overall score is driven primarily by strong financial performance with solid growth, profitability, and a conservative capital structure, supported by a reasonable valuation; neutral technical signals and long-term price weakness temper the rating but do not outweigh the company’s financial resilience.
Persistence Resources Group Ltd (2489) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 1.73B
- Dividend Yield
- 4.37%
- Average Volume (3M)
- 1.18M
- Price to Earnings (P/E)
- 11.1
- Beta (1Y)
- 0.05
- Revenue Growth
- 23.92%
- EPS Growth
- 4.20%
- Country
- Hong Kong
- Employees
- 933
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Persistence Resources Group Ltd Business Overview & Revenue Model
Company Description
Persistence Resources Group Ltd focuses on the discovery, extraction, and processing of gold deposits throughout China. The company manages two active gold mining operations: the Songjiagou Open-Pit Mine and the Songjiagou Underground Mine, both of w...
Persistence Resources Group Ltd Financial Statement Overview
Summary
Score reflects strong revenue growth, high operating profitability, and a solid, low-leverage balance sheet, partially offset by volatile cash generation and cyclical earnings and returns.
Income Statement
86Very PositiveBalance Sheet
82Very PositiveCash Flow
78Positive| Breakdown | TTM | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 673.64M | 612.52M | 499.50M | 383.46M | 418.41M | 247.87M |
| Gross Profit | 382.14M | 322.80M | 253.76M | 183.25M | 251.84M | 166.40M |
| EBITDA | 371.19M | 325.05M | 259.47M | 196.92M | 231.92M | 144.47M |
| Net Income | 126.85M | 107.78M | 104.76M | 65.03M | 83.21M | 41.62M |
Balance Sheet | ||||||
| Total Assets | 2.36B | 2.29B | 1.25B | 1.22B | 994.80M | 948.75M |
| Cash, Cash Equivalents and Short-Term Investments | 1.19B | 1.13B | 639.60M | 593.50M | 282.19M | 182.40M |
| Total Debt | 235.02M | 244.90M | 746.00K | 30.00M | 30.00M | 30.00M |
| Total Liabilities | 675.86M | 692.63M | 201.50M | 241.97M | 235.71M | 300.98M |
| Stockholders Equity | 1.42B | 1.36B | 883.46M | 911.40M | 553.87M | 597.73M |
Cash Flow | ||||||
| Free Cash Flow | 167.37M | 79.72M | 169.64M | 97.21M | 167.73M | 58.59M |
| Operating Cash Flow | 267.67M | 215.86M | 212.19M | 174.33M | 232.93M | 135.77M |
| Investing Cash Flow | -118.24M | -142.84M | -56.98M | -75.51M | -56.06M | -87.80M |
| Financing Cash Flow | 377.76M | 395.63M | -107.18M | 206.31M | -54.79M | -45.13M |
Persistence Resources Group Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2489, the sentiment is Negative. The current price of 0.71 is below the 20-day moving average (MA) of 0.77, below the 50-day MA of 0.80, and below the 200-day MA of 0.90, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 38.72 is Neutral, neither overbought nor oversold. The STOCH value of 21.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2489.
Persistence Resources Group Ltd Peers Comparison
Overall Rating
HK:171291Outperform- HK:248979.6Outperform
HK:034076Outperform
HK:829965Neutral
HK:333063Neutral
HK:062144Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:1712 | 91Outperform | HKD 1.36B | 1.90 | 56.36% | ― | 93.64% | 336.81% |
| HK:2489 | 80Outperform | HKD 1.76B | 11.14 | 9.83% | 4.37% | 23.92% | 4.20% |
| HK:0340 | 76Outperform | HKD 12.14B | 11.44 | 22.79% | 1.45% | 64.96% | 84.76% |
| HK:8299 | 65Neutral | HKD 1.90B | 13.31 | 13.75% | ― | 49.62% | 30.43% |
| HK:3330 | 63Neutral | HKD 21.10B | 9.33 | 29.12% | 1.65% | -9.85% | 49.04% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| HK:0621 | 44Neutral | HKD 762.36M | 2.33 | 13.04% | ― | ― | ― |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:2489 | Persistence Resources Group Ltd | 0.71 | -0.55 | -43.34% | |
| HK:1712 | Dragon Mining | 6.88 | 0.64 | 10.26% | |
| HK:0340 | Tongguan Gold Group Ltd. | 2.20 | -0.26 | -10.75% | |
| HK:3330 | Lingbao Gold Group Company Ltd. Class H | 14.34 | -1.17 | -7.54% | |
| HK:0621 | Taung Gold International Limited | 0.41 | -0.24 | -36.92% | |
| HK:8299 | Grand T G Gold Holdings Ltd | 0.20 | -0.36 | -64.11% |
Persistence Resources Group Ltd Corporate Events
Persistence Gold Details Valuation and Strategy Behind Subsidiary Disposal
Persistence Gold Group Ltd has provided additional details on the valuation underlying the disposal of a subsidiary that owns the DGZ Mine, explaining how gold price assumptions were derived from a mix of existing contractual sales and market-based f...
Persistence Gold Details Valuation Behind Mining Subsidiary Disposal
Persistence Gold Group Ltd has issued a supplemental announcement detailing the valuation process behind its planned disposal of a subsidiary characterized as a discloseable and connected transaction under Hong Kong Listing Rules. The company engaged...
Persistence Gold Group Declares Interim Dividend for 2026
Persistence Gold Group Ltd has declared an interim ordinary cash dividend of HKD 0.03125 per share for the financial year ending 31 December 2026, based on the reporting period ended 30 June 2026. The dividend will be paid in Hong Kong dollars, with...
Persistence Gold Boosts Profit and Raises Interim Dividend on Strong First-Half Results
Persistence Gold Group Ltd reported solid interim results for the six months ended 30 June 2026, with revenue rising 16.1% year-on-year to RMB352.3 million and net profit increasing 17.5% to RMB100.5 million. Profit attributable to shareholders climb...
Persistence Gold Group exits key subsidiary in RMB174 million connected deal
Persistence Gold Group Ltd has moved to streamline its portfolio by agreeing to sell its entire 52% indirect stake in a target subsidiary via two equity transfer agreements with connected parties, including Mr. Kong and Yihui Investment. The RMB173.9...
Persistence Gold Schedules Board Meeting to Approve Interim Results and Consider Dividend
Persistence Gold Group Ltd has scheduled a board meeting for 31 August 2026 to review and approve the interim results for the six months ended 30 June 2026, and to authorize their publication. The board will also consider the payment of an interim di...
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: Sep 06, 2026