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Zijin Mining Group Co
(2899)
Zijin Mining Group Co (2899) vs. iShares MSCI Hong Kong ETF (EWH)
Zijin Mining Group Co Business Overview & Revenue Model
Zijin Mining Group Co Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 320.93B | 303.64B | 293.40B | 270.33B | 225.10B | 171.50B |
| Gross Profit | 72.89B | 61.86B | 46.38B | 42.54B | 34.75B | 20.43B |
| EBITDA | 67.83B | 62.46B | 40.39B | 43.00B | 32.20B | 19.94B |
| Net Income | 40.26B | 32.05B | 21.12B | 20.04B | 15.67B | 6.51B |
Balance Sheet | ||||||
| Total Assets | 439.74B | 396.61B | 343.01B | 306.04B | 208.59B | 182.31B |
| Cash, Cash Equivalents and Short-Term Investments | 42.96B | 37.69B | 24.89B | 25.34B | 17.16B | 13.89B |
| Total Debt | 147.14B | 129.99B | 122.83B | 123.18B | 77.30B | 74.06B |
| Total Liabilities | 247.86B | 218.88B | 204.64B | 181.59B | 115.70B | 107.72B |
| Stockholders Equity | 142.07B | 139.79B | 107.51B | 88.94B | 71.03B | 56.54B |
Cash Flow | ||||||
| Free Cash Flow | 18.78B | 24.06B | 6.43B | 3.88B | 5.92B | 382.00M |
| Operating Cash Flow | 28.83B | 48.86B | 36.86B | 28.68B | 26.07B | 14.27B |
| Investing Cash Flow | -47.63B | -32.24B | -33.96B | -50.98B | -23.76B | -29.17B |
| Financing Cash Flow | -888.09M | -4.43B | -5.82B | 27.26B | 23.32M | 20.93B |
Zijin Mining Group Co Technical Analysis
Zijin Mining Group Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$166.45B | 51.56 | ― | 1.13% | 36.74% | 36.49% | |
72 Outperform | $823.52B | 16.17 | 29.60% | 1.82% | 9.69% | 54.43% | |
68 Neutral | €11.04B | 22.63 | ― | 0.48% | 6.76% | 239.14% | |
67 Neutral | €20.03B | 14.94 | 35.84% | 1.16% | 70.92% | 249.45% | |
64 Neutral | $98.62B | 38.09 | 15.17% | 0.19% | 44.37% | 125.87% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | HK$32.26B | 31.87 | 36.46% | 1.52% | 31.24% | 58.18% |
Zijin Mining Group Co Corporate Events
Zijin Gold International Company Limited announced its unaudited financial results for the nine months ending September 30, 2025, reporting a net profit of USD 905 million attributable to the parent company. The company produced 32 tonnes of mine-produced gold during this period, reflecting its robust operational performance and solidifying its position in the gold mining sector.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$41.80 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co. has announced an adjustment to the exercise price under its 2023 Share Option Incentive Scheme. Following the implementation of profit distributions for A Shares, the exercise price has been adjusted to RMB11.15 per A Share. This adjustment reflects the company’s adherence to regulatory requirements and aims to align the exercise price with recent profit distributions, potentially impacting shareholder value and the attractiveness of the incentive scheme.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$41.80 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co. has announced the satisfaction of exercise conditions for the first exercise period of its 2023 Share Option Incentive Scheme, allowing 12 participants to exercise a total of 13.10 million share options. The exercise price was adjusted due to profit distributions, and the vesting period for these options will expire on 7 December 2025, with the first exercise period commencing thereafter.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$41.80 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced that the unlocking conditions for the third unlocking period of the Restricted A Shares under the Reserved Grant of the Restricted A Share Incentive Scheme for 2020 have been satisfied. A total of 33 participants are eligible to unlock 754,800 Restricted A Shares, representing approximately 0.003% of the company’s total shares. The board and supervisory committee have unanimously approved the proposal, and further announcements will be made regarding the application procedures and trading of these shares.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$41.80 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. announced the repurchase and cancellation of 10,200 Restricted A Shares granted under its 2020 Incentive Scheme due to a participant’s resignation. The repurchase price has been adjusted from RMB4.08 to RMB3.58 per share, reflecting recent profit distribution proposals. This move aligns with the company’s strategic financial adjustments and compliance with its incentive scheme regulations.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$41.80 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. announced the repurchase and cancellation of 10,200 restricted A Shares previously granted under its 2020 incentive scheme due to a participant’s resignation. This action will slightly reduce the company’s total shares and registered capital, and creditors have been notified of their rights to claim debts or request guarantees within 45 days, ensuring compliance with statutory procedures.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$41.80 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. reported a robust financial performance for the third quarter of 2025, with significant increases in operating income and net profit compared to the same period last year. The company’s net profit attributable to owners of the listed company rose by 57.14%, and net cash flows from operating activities increased by 48.62%, highlighting strong operational efficiency and profitability. These results underscore Zijin Mining’s solid industry positioning and potential for continued growth, benefiting stakeholders and reinforcing its competitive edge in the mining sector.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$41.80 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced the payment of its 2025 interim dividend, distributing RMB 2.2 per 10 shares to its H Shareholders as of the record date, 12 September 2025. The company has adhered to tax regulations by withholding and paying the necessary taxes on behalf of non-resident enterprise shareholders and individual shareholders, ensuring compliance with both enterprise and personal income tax laws in China.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$41.80 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co has announced that it will hold its 2025 third quarterly results briefing on October 22, 2025, through an online text interaction platform. The management will discuss the company’s operating conditions and financial status for the third quarter, addressing investor questions within the scope of information disclosure. This initiative reflects Zijin Mining’s commitment to transparent communication with its stakeholders, potentially impacting investor relations and market perception.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$41.80 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has completed the acquisition of the Raygorodok Gold Mine in Kazakhstan through its subsidiary, Zijin Gold International. This acquisition is expected to significantly boost Zijin’s gold output and earnings, with the mine’s established infrastructure and low costs contributing to strong profitability. The Raygorodok Gold Mine will enhance Zijin’s asset scale and global industry position, providing synergies with other regional mines and supporting the company’s production targets.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$41.80 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. announced the full exercise of the over-allotment option for its spin-off, Zijin Gold International Company Limited, on the Hong Kong Stock Exchange. The exercise involved 52,348,600 shares, raising approximately HK$3,702.3 million, and reducing Zijin Mining’s indirect interest in Zijin Gold International from 86.70% to 85.00%. The proceeds will be used as outlined in the company’s future plans, with trading of these shares commencing on 13 October 2025.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$37.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. announced the successful listing of its subsidiary, Zijin Gold International Company Limited, on the Main Board of the Hong Kong Stock Exchange. The shares of Zijin Gold International will commence trading on September 30, 2025, under the stock code 2259, with Zijin Mining retaining approximately 86.70% ownership. This strategic move is expected to enhance Zijin Mining’s market positioning and provide additional capital for future growth, benefiting stakeholders by potentially increasing the company’s operational scale and market reach.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$37.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced the proposed spin-off and listing of its subsidiary, Zijin Gold International Company Limited, on the Main Board of the Hong Kong Stock Exchange. The listing is expected to occur on September 30, 2025, with shares commencing trading on the same day. This move is part of a global offering that includes an over-allotment option, allowing for the issuance of additional shares to cover over-allocations. The listing is contingent upon approval from the Hong Kong Stock Exchange’s Listing Committee and the fulfillment of underwriting agreements.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$37.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced a board meeting scheduled for October 17, 2025, to review and approve the company’s third-quarter financial results for the period ending September 30, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial health and operational performance, potentially impacting its market position and investor confidence.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. announced a delay in the expected timetable for the global offering of its subsidiary, Zijin Gold International Company Limited, on the Hong Kong Stock Exchange due to severe weather conditions. The company clarified details regarding the trading fee and confirmed that the offering is contingent upon regulatory approvals and underwriting agreements, highlighting the impact of natural events on financial operations and the importance of regulatory compliance in international listings.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced the proposed spin-off and listing of its subsidiary, Zijin Gold International Company Limited, on the main board of the Hong Kong Stock Exchange. The global offering will consist of up to 401,339,300 shares, with an offer price of HK$71.59 per share. The listing aims to enhance Zijin Gold International’s market presence, while Zijin Mining Group will retain its subsidiary status. Shareholders are advised to exercise caution, as there is no guarantee the listing will proceed.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced an update regarding the proposed spin-off and listing of its subsidiary, Zijin Gold International Company Limited, on the Main Board of the Hong Kong Stock Exchange. The company has determined the basis of the Assured Entitlement for Qualifying H Shareholders to Reserved Shares in a Preferential Offering, set at one Reserved Share for every 344 H Shares held. The implementation of the overseas listing is contingent upon approval from the Hong Kong Stock Exchange and market conditions, and there is no assurance that the listing will occur. Shareholders and potential investors are advised to exercise caution, as changes to the entitlement basis or the listing process may occur.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced the submission of a post-hearing information pack (PHIP) for the proposed spin-off and separate listing of its subsidiary, Zijin Gold International Company Limited, on the Main Board of the Hong Kong Stock Exchange. The PHIP, which contains business and financial information, is available on the stock exchange’s website. The listing is subject to approval from the Hong Kong Stock Exchange and market conditions, with no assurance of completion or timing. Shareholders and potential investors are advised to exercise caution.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced the completion of a non-trade transfer of 64.316 million A Shares to its Employee Stock Ownership Scheme for 2025, representing 0.24% of the company’s total share capital. This move is part of a broader strategy to align employee interests with company performance, with a 60-month duration and a 24-month lock-up period for the shares. The initiative is expected to enhance employee engagement and potentially improve overall company performance, while the company commits to ongoing monitoring and timely information disclosure.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. announced an adjustment to the conversion price of its US$2 billion 1.0% guaranteed convertible bonds due in 2029. The conversion price will be adjusted from HK$19.38 to HK$19.17 per H Share, effective from September 13, 2025, following the approval of a cash dividend distribution plan. This adjustment reflects the company’s commitment to shareholder returns and may impact the number of convertible H Shares, potentially affecting the company’s capital structure and market positioning.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced a change in the record date for the assured entitlement of its Qualifying H Shareholders to Zijin Gold International Shares in the Preferential Offering. The new record date is set for 18 September 2025, with the register of members being closed on that date to facilitate the entitlement process. This change is part of the company’s strategic move to spin off and list Zijin Gold International on the Hong Kong Stock Exchange, which could potentially enhance its market presence and shareholder value.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced an interim cash dividend for the six months ending June 30, 2025, with a declared amount of RMB 2.2 per 10 shares. The dividend will be paid in Hong Kong dollars, with the payment date set for October 17, 2025. The announcement includes details on withholding tax rates applicable to non-resident shareholders, emphasizing the company’s compliance with international tax treaties and regulations. This move reflects Zijin Mining’s commitment to returning value to its shareholders and may enhance investor confidence in its financial stability and growth prospects.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced the payment details of its 2025 interim dividend for H Shareholders, in accordance with the Enterprise Income Tax Law of China. The company will withhold a 10% enterprise income tax from non-resident enterprise shareholders, including those investing through the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs. The dividend will be dispatched on October 17, 2025, and specific procedures are outlined for resident enterprises to avoid the withholding tax.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced the withholding and payment arrangements for personal income tax related to its 2025 interim dividend. The company will apply different tax rates based on the tax treaties between the shareholders’ countries of domicile and the PRC, with rates varying from 10% to 20%. Shareholders may apply for a refund of excess tax withheld by providing necessary documentation. The company plans to distribute the dividend cheques by mail on October 17, 2025.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd., a prominent player in the mining industry, is known for its extensive operations in the extraction and processing of gold, copper, zinc, and other minerals, with a focus on sustainable and innovative mining practices.
Zijin Mining Group Co. has completed the acquisition of an 84% equity interest in Jinsha Molybdenum, which holds the Shapinggou Molybdenum Mine in Anhui Province. This acquisition aligns with the company’s strategic goals, as the mine is a significant undeveloped porphyry molybdenum deposit with a high-grade orebody suitable for large-scale underground mining. The project is expected to enhance Zijin’s position as a leading molybdenum producer globally. Additionally, Zijin has signed a letter of intent for cooperation with Jinduicheng Molybdenum to invest in a new molybdenum smelting project, aiming to support local economic development and extend the industrial chain.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$24.50 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. reported a strong financial performance for the first half of 2025, with an 11.50% increase in operating income to RMB167.711 billion and a substantial 59.80% rise in profit before tax to RMB34.497 billion compared to the same period last year. The company’s net profit attributable to shareholders also saw a significant increase of 54.41%, reaching RMB23.292 billion. The growth in financial metrics underscores Zijin Mining’s robust operational capabilities and strategic market positioning, enhancing its value proposition to stakeholders and reinforcing its competitive edge in the mining industry.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$25.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced an interim cash dividend of RMB 2.2 per 10 shares for the six months ending June 30, 2025. The ex-dividend date is set for September 10, 2025, with the record date on September 12, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders and may influence investor sentiment positively. The details regarding the payment date and withholding tax are yet to be announced, indicating that stakeholders should stay informed for further updates.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$25.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced an update on the proposed spin-off and listing of its wholly-owned subsidiary, Zijin Gold International Company Limited, on the Main Board of the Hong Kong Stock Exchange. The announcement details the record date for assured entitlement and interim dividend, set for September 12, 2025, and notes the closure of the register of members of H Shares on the same date. The spin-off and listing are subject to market conditions and approval from the Hong Kong Stock Exchange, and there is no guarantee of the listing proceeding. Shareholders and potential investors are advised to exercise caution.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$25.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co has announced an online interim results briefing scheduled for August 29, 2025, to discuss its operating conditions and financial status for the first half of the year. This interactive session aims to address investor concerns and provide insights into the company’s performance, reflecting its commitment to transparency and stakeholder engagement.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$25.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
Zijin Mining Group Co., Ltd. has announced the ratification of the Akyem Gold Mine’s mining leases by the Parliament of Ghana, following approval by the Ministry of Lands and Natural Resources. This ratification finalizes the company’s acquisition of the mine from Newmont Corporation, with a total transaction value of USD1 billion. The Akyem Gold Mine, a producing asset, has been operating smoothly and is expected to significantly enhance Zijin’s production volume and profitability. The company plans to capitalize on favorable mineralization conditions and rising gold prices by increasing resource utilization and extending the mine’s life, thereby strengthening its gold business segment.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$21.50 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.