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Wanguo International Mining Group Ltd. (3939) AI Stock Analysis
Wanguo International Mining Group Ltd.
(HKEX:3939)
The score is driven primarily by very strong financial performance (surging profitability and a low-debt balance sheet). Technicals are supportive with a clear uptrend, though momentum is nearing overbought levels. The main offset is valuation: a relatively high P/E and modest dividend yield reduce the attractiveness of the entry price.
Wanguo International Mining Group Ltd. (3939) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 49.49B
- Dividend Yield
- 1.53%
- Average Volume (3M)
- 30.28M
- Price to Earnings (P/E)
- 25.8
- Beta (1Y)
- 0.99
- Revenue Growth
- 79.09%
- EPS Growth
- 83.65%
- Country
- Hong Kong
- Employees
- 1,429
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Wanguo International Mining Group Ltd. Business Overview & Revenue Model
Company Description
Wanguo International Mining Group Limited functions as an investment holding company, primarily engaged in mineral extraction, ore processing, and the marketing of concentrate products within the People's Republic of China. Its product portfolio enco...
How the Company Makes Money
The company makes money mainly by producing and selling mineral products, primarily lead and zinc concentrates. Its revenue model is driven by (1) volumes mined and processed (ore throughput and recovery rates), and (2) realized commodity prices for...
Wanguo International Mining Group Ltd. Financial Statement Overview
Summary
Strong overall fundamentals: exceptionally high profitability and a major step-up in operating performance, robust multi-year revenue growth, and a conservatively positioned balance sheet with very low leverage and high ROE. Main risks are cyclicality/volatility in revenue (notably the 2022 dip) and inconsistent cash conversion, with historical negative free cash flow and FCF still below net income in 2025.
Income Statement
90Very PositiveBalance Sheet
92Very PositiveCash Flow
84Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.76B | 3.16B | 1.88B | 1.32B | 681.42M | 2.01B |
| Gross Profit | 2.90B | 2.35B | 996.99M | 619.24M | 315.68M | 316.21M |
| EBITDA | 2.58B | 2.11B | 906.02M | 534.51M | 273.01M | 273.06M |
| Net Income | 1.65B | 1.35B | 575.38M | 335.39M | 180.54M | 193.43M |
Balance Sheet | ||||||
| Total Assets | 7.17B | 6.24B | 4.14B | 2.36B | 2.04B | 1.80B |
| Cash, Cash Equivalents and Short-Term Investments | 2.35B | 2.74B | 1.85B | 171.61M | 67.94M | 116.29M |
| Total Debt | 125.76M | 131.73M | 263.71M | 205.05M | 189.66M | 128.45M |
| Total Liabilities | 1.76B | 1.06B | 681.88M | 601.14M | 588.36M | 471.35M |
| Stockholders Equity | 4.87B | 4.72B | 3.13B | 1.41B | 1.15B | 1.04B |
Cash Flow | ||||||
| Free Cash Flow | 417.11M | 777.88M | 644.23M | 192.26M | -15.60M | -86.01M |
| Operating Cash Flow | 1.76B | 1.46B | 843.28M | 350.00M | 166.97M | 145.92M |
| Investing Cash Flow | -1.89B | -1.04B | -1.56B | -159.06M | -182.35M | -226.92M |
| Financing Cash Flow | -8.56M | 89.19M | 1.05B | -87.66M | -34.27M | 160.71M |
Wanguo International Mining 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:3939, the sentiment is Negative. The current price of 11.24 is below the 20-day moving average (MA) of 12.57, below the 50-day MA of 13.88, and below the 200-day MA of 12.53, indicating a bearish trend. The MACD of -0.56 indicates Positive momentum. The RSI at 34.45 is Neutral, neither overbought nor oversold. The STOCH value of 32.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3939.
Wanguo International Mining Group Ltd. Peers Comparison
Overall Rating
- HK:393981Outperform
HK:385872Outperform
HK:399366.4Neutral
HK:120565Neutral
HK:224565Neutral
HK:076944Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:3939 | 81Outperform | HKD 49.74B | 25.78 | 34.35% | 1.53% | 79.09% | 83.65% |
| HK:3858 | 72Outperform | HKD 16.47B | 8.77 | 77.75% | 5.17% | 2781.50% | ― |
| HK:3993 | 66Neutral | HKD 329.39B | 9.68 | 32.65% | 3.54% | 38.53% | 62.42% |
| HK:1205 | 65Neutral | HKD 3.46B | 11.37 | 3.35% | 5.91% | -28.69% | -17.80% |
| HK:2245 | 65Neutral | HKD 26.31B | 5.34 | 30.91% | 4.12% | 34.76% | 66.30% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| HK:0769 | 44Neutral | HKD 1.95B | -15.63 | -5.27% | ― | ― | ― |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:3939 | Wanguo International Mining Group Ltd. | 11.24 | 3.68 | 48.64% | |
| HK:3993 | CMOC Group | 12.32 | -3.56 | -22.42% | |
| HK:0769 | China Rare Earth Holdings | 0.70 | 0.00 | 0.00% | |
| HK:1205 | CITIC Resources Holdings | 0.44 | 0.08 | 22.22% | |
| HK:2245 | Lygend Resources & Technology Co., Ltd. Class H | 16.74 | -4.65 | -21.73% | |
| HK:3858 | Jiaxin International Resources Investment Limited | 36.14 | -0.69 | -1.88% |
Wanguo International Mining Group Ltd. Corporate Events
Wanguo Gold Clarifies Full Use of HK$1.38 Billion Subscription for Gold Ridge Expansion
Wanguo Gold Group Limited has issued a supplemental announcement to clarify how it used the proceeds from a major share subscription completed in late 2024, which brought in net funds of about HK$1.38 billion from Gold Mountains, a subsidiary of Ziji...
Wanguo Gold deploys USD 115 million into UBS investment-grade bond mandates
Wanguo Gold Group Limited has placed a total of USD 90 million into UBS AG’s Manage Premium Global Floating Rate (USD) mandate and USD 25 million into the Manage Premium Developed Market Investment Grade (USD) mandate, as part of a discretionar...
Wanguo Gold Details Use of Bond Proceeds and Liquidity Strategy
Wanguo Gold Group has provided supplemental details on how it is temporarily deploying idle net proceeds of about HK$5.439 billion raised from its 0.75% convertible bonds due 2027. The company has subscribed to funds managed by J.P. Morgan and BlackR...
Wanguo Gold deploys surplus cash into BlackRock multi‑strategy funds
Wanguo Gold Group Limited has subscribed to two Australian-domiciled BlackRock managed investment schemes as part of its treasury management strategy, committing AUD 20 million to the Global Liquid Alternatives Fund – S1 and approximately AUD 1...
Wanguo Gold Commits USD103.8 Million to J.P. Morgan Overnight Fund for Treasury Yield Boost
Wanguo Gold Group Limited has subscribed approximately USD103.8 million to the J.P. Morgan Mansart USD Overnight Fund, an Irish UCITS product that tracks the Solactive SOFR Daily Total Return Index. The subscription, funded by surplus cash from a rec...
Wanguo Gold Raises HK$5.5 Billion in Convertible Bond Deal to Fund Overseas Gold Acquisitions
Wanguo Gold Group Limited has completed the issuance of HK$5.5 billion 0.75 per cent. convertible bonds due 2027 under its general mandate, with listing of the bonds on the Vienna MTF and approval secured in Hong Kong for the listing of the shares is...
Wanguo Gold Group Plans HK$5.5 Billion Convertible Bond Issue Under General Mandate
Wanguo Gold Group Limited has agreed to issue HK$5.5 billion of 0.75 per cent convertible bonds due 2027, with a manager subscribing or procuring subscriptions at par value and a minimum denomination of HK$2 million per bond. The bonds carry an initi...
Wanguo Gold Declares Interim Dividend for First Half of 2026
Wanguo Gold Group Limited has declared an interim ordinary cash dividend of RMB 0.0521 per share for the six months ended 30 June 2026, equivalent to HKD 0.06 per share, for the financial year ending 31 December 2026. The ex-dividend date is set for...
Wanguo Gold Group Delivers Strong Interim Profit Surge and Raises Dividend
Wanguo Gold Group reported a sharp improvement in interim performance for the six months ended 30 June 2026, driven by stronger gold sales and operational efficiency. Revenue rose 50.2% year-on-year to RMB1.86 billion, while gross profit climbed 66.0...
Wanguo Gold Schedules Board Meeting to Approve Interim Results and Consider Dividend
Wanguo Gold Group Limited has scheduled a board meeting for 17 August 2026 to review and approve its interim results for the six months ended 30 June 2026, and to authorize their publication. The Board will also discuss whether to recommend an interi...
Wanguo Gold Signals Profit Surge With Positive Earnings Alert
Wanguo Gold Group Limited, a Cayman-incorporated gold mining company listed in Hong Kong under stock code 3939, operates through a group structure focused on gold-related businesses in the regional precious metals market. The company’s board, c...
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: Aug 09, 2026