HKSE: 2899_HK - Zijin Mining Group Company Limited

Yield per half year: +37.52%
Sector: Materials

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1. Summary

Advantages

  • Positive review The stock's return over the last year (41.31%) is higher than the sector average (-93.99%).
  • Positive review The company's current efficiency (ROE=21.5%) is higher than the sector average (ROE=20.1%)

Disadvantages

  • Negative review Price (16.42 HK$) is higher than fair price (8.12 HK$)
  • Negative review Dividends (1.8344%) are below the sector average (4.93%).
  • Negative review Current debt level 34.12% has increased over 5 years from 32.1%.

2. Share price and performance

2.1. Share price

2.2. News

2.3. Market efficiency

Zijin Mining Group Company Limited Materials Index
7 days -8.6% -89.1% -1.3%
90 days 16.5% -95% -4.5%
1 year 41.3% -94% 17.1%

Positive review 2899_HK vs Sector: Zijin Mining Group Company Limited has outperformed the "Materials" sector by 135.3% over the past year.

Positive review 2899_HK vs Market: Zijin Mining Group Company Limited has outperformed the market by 24.21% over the past year.

Positive review Stable price: 2899_HK is not significantly more volatile than the rest of the market on "Гонконгская фондовая биржа" over the last 3 months, with typical variations of +/- 5% per week.

Long period: 2899_HK with weekly volatility of 0.7944% over the past year.

3. Summary of the report

3.1. General

P/E: 14.12
P/S: 1.0164

3.2. Revenue

EPS 0.8659
ROE 21.5%
ROA 6.51%
ROIC 0%
Ebitda margin 15.89%

4. Fundamental Analysis

4.1. Stock price and price forecast

The fair price is calculated taking into account the Central Bank refinancing rate and earnings per share (EPS)

Negative review Above fair price: The current price (16.42 HK$) is higher than the fair price (8.12 HK$).

Negative review Price is higher than fair: The current price (16.42 HK$) is 50.5% higher than the fair price.

4.2. P/E

Positive review P/E vs Sector: The company's P/E (14.12) is lower than that of the sector as a whole (17.2).

Positive review P/E vs Market: The company's P/E (14.12) is lower than that of the market as a whole (27.28).

4.2.1 P/E Similar companies

4.3. P/BV

Positive review P/BV vs Sector: The company's P/BV (2.16) is lower than that of the sector as a whole (3.05).

Negative review P/BV vs Market: The company's P/BV (2.16) is higher than that of the market as a whole (-11.79).

4.3.1 P/BV Similar companies

4.4. P/S

Positive review P/S vs Sector: The company's P/S indicator (1.0164) is lower than that of the sector as a whole (1.9218).

Positive review P/S vs Market: The company's P/S indicator (1.0164) is lower than that of the market as a whole (2.68).

4.4.1 P/S Similar companies

4.5. EV/Ebitda

Positive review EV/Ebitda vs Sector: The company's EV/Ebitda (9.16) is lower than that of the sector as a whole (9.69).

Positive review EV/Ebitda vs Market: The company's EV/Ebitda (9.16) is lower than that of the market as a whole (10.37).

5. Profitability

5.1. Profitability and revenue

5.2. Earnings per share - EPS

5.3. Past profitability Ebitda

Positive review Yield Trend: Rising and has grown by 86.54% over the last 5 years.

Negative review Earnings Slowdown: The last year's return (0%) is below the 5-year average return (86.54%).

Positive review Profitability vs Sector: The return for the last year (0%) exceeds the return for the sector (-6.69%).

5.4. ROE

Positive review ROE vs Sector: The company's ROE (21.5%) is higher than that of the sector as a whole (20.1%).

Positive review ROE vs Market: The company's ROE (21.5%) is higher than that of the market as a whole (6.07%).

5.5. ROA

Negative review ROA vs Sector: The company's ROA (6.51%) is lower than that of the sector as a whole (8.31%).

Positive review ROA vs Market: The company's ROA (6.51%) is higher than that of the market as a whole (3.28%).

5.6. ROIC

Negative review ROIC vs Sector: The company's ROIC (0%) is lower than that of the sector as a whole (15.22%).

Negative review ROIC vs Market: The company's ROIC (0%) is lower than that of the market as a whole (0%).

6. Finance

6.1. Assets and debt

Positive review Debt level: (34.12%) is quite low in relation to assets.

Negative review Increasing debt: over 5 years, the debt has increased from 32.1% to 34.12%.

Negative review Excess of debt: The debt is not covered by net income, percentage 553.99%.

6.2. Profit growth and share price

7. Dividends

7.1. Dividend yield vs Market

Negative review Low yield: The dividend yield of the company 1.8344% is below the average for the sector '4.93%.

7.2. Stability and increase in payments

Positive review Dividend stability: The company's dividend yield 1.8344% has been steadily paid over the past 7 years, DSI=0.86.

Negative review Weak dividend growth: The company's dividend yield 1.8344% has been growing weakly or stagnant over the past 5 years. Growth over only 3 years.

7.3. Payout percentage

Positive review Dividend Coverage: Current payments from income (57.26%) are at a comfortable level.

8. Insider trades

8.1. Insider trading

Positive review Insider Buying Exceeds insider sales by 100% over the last 3 months.

8.2. Latest transactions

No insider transactions have been recorded yet