MMG Gestion
Gestion contrôle des critères 0/4
Le PDG MMG est Ivo Zhao, nommé en Apr2025, a un mandat de 1.33 ans. La rémunération annuelle totale est $ 2.85M, composée du salaire de 35.9% et des bonus 64.1%, y compris les actions et options de la société. détient directement 0.002% des actions de la société, d'une valeur de HK$ 2.24M. La durée moyenne de mandat de l'équipe de direction et du conseil d'administration est respectivement 1.3 ans et 2.3 ans.
Informations clés
Ivo Zhao
Directeur général
US$2.9m
Rémunération totale
| Pourcentage du salaire du PDG | 35.87% |
| Durée du mandat du directeur général | 1.3yrs |
| Propriété du PDG | 0.002% |
| Durée moyenne d'occupation des postes de direction | 1.3yrs |
| Durée moyenne du mandat des membres du conseil d'administration | 2.3yrs |
Mises à jour récentes de la gestion
Recent updates
Mise à jour du récit • Jul 22
1208: Production Delivery And Expansion Projects Will Drive Future Share Upside
Analysts have slightly raised their MMG price target to HK$11.79 from HK$11.56, citing updated assumptions around revenue growth, profit margins, and a modestly adjusted P/E multiple. What’s in the News for MMG MMG issued updated production guidance for 2026, confirming unchanged targets across key assets, including Las Bambas at 380,000 to 400,000 tonnes of copper in concentrate, Kinsevere at 65,000 to 75,000 tonnes of copper cathode, Khoemacau at 48,000 to 53,000 tonnes of copper, and Dugald River and Rosebery within existing zinc guidance ranges.
Mise à jour du récit • Jun 30
1208: New Khoemacau Contracts And Equity Raise Will Support Stronger Outlook
Analysts have nudged their fair value estimate for MMG higher from about HK$13.52 to roughly HK$13.99, citing updated assumptions around revenue growth, profit margins and the stock's future P/E profile. What's in the News MMG announced that its subsidiary Khoemacau Copper entered into supply agreements with The 23rd Metallurgical Construction Group and China 15th Metallurgical Construction Group for construction materials for the Khoemacau mine processing plant and boxcut, with total consideration of US$107.1 million, according to company disclosures.
Mise à jour du récit • Jun 16
1208: Copper-Focused Production Upside And Expansion Progress Will Likely Support Shares
Analysts have raised their MMG price target to HK$9.99 from HK$9.50, citing updated assumptions for revenue growth, profit margins, and future P/E multiples. What's in the News for MMG JPMorgan initiated coverage on MMG stock with an Overweight rating and a target price of HK$13, highlighting MMG as a copper focused producer with a high contribution from copper to gross profit in 2025.Mise à jour du récit • Jun 02
1208: Production Performance And AGM Changes Will Drive Future Share Upside
Analysts now set MMG's price target at about HK$11.56, compared with the previous HK$11.10, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News At the Annual General Meeting on May 28, 2026, MMG appointed Ernst & Young as the company auditor, replacing the previous audit firm.Mise à jour du récit • May 10
1208: Production Mix And Governance Changes Will Likely Keep Shares Fairly Valued
Analysts have raised their price target on MMG to HK$9.50 from HK$5.89, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E expectations. What's in the News MMG reported production for the three months ended 31 March 2026, including 111,878 tonnes of copper contained metal in concentrate and 16,820 tonnes of copper cathode, giving you fresh volume data to assess against your own expectations (Announcement of Operating Results).Mise à jour du récit • Apr 23
1208: Higher Profitability Assumptions And Earnings Guidance Will Support A Stronger Outlook
Analysts now set MMG's fair value at HK$13.52, up from HK$13.01, reflecting updated assumptions for revenue growth, profit margin and the stock's future P/E. What's in the News MMG plans to amend and replace its existing Articles of Association, aiming to align with the updated Hong Kong Companies Ordinance and Stock Exchange listing rules.Mise à jour du récit • Apr 06
1208: Production Guidance And Earnings Outlook Will Drive Future Share Upside
Analysts have slightly reduced their MMG price target to HK$11.10 from about HK$11.14, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E that they consider better aligned with current conditions. What's in the News MMG issued earnings guidance for 2025, indicating expected unaudited net profit after tax attributable to equity holders in the range of US$500m to US$520m (Key Developments).Mise à jour du récit • Mar 23
1208: Mine Expansion And Higher Margins Will Drive Future Share Upside
Analysts have revised their MMG price target to HK$11.14 from HK$10.35, reflecting updated assumptions about revenue growth, profit margins and the price-to-earnings (P/E) ratio they consider appropriate for the shares. What's in the News MMG plans to amend its Articles of Association to reflect recent changes to Hong Kong company and listing rules, including provisions for hybrid and virtual general meetings, with shareholder approval to be sought at the AGM scheduled for May 28, 2026 (company announcement).Mise à jour du récit • Mar 09
1208: Expansion Spending And Higher Margins Will Likely Keep Shares Overstretched
Analysts have nudged their HK$ fair value estimate for MMG slightly higher to HK$5.89, highlighting updated assumptions around revenue growth, profit margins and a lower future P/E multiple as key drivers of the change. What's in the News MMG issued earnings guidance for 2025, indicating expected unaudited net profit after tax attributable to equity holders in a range of US$500 million to US$520 million (Corporate Guidance).Mise à jour du récit • Feb 22
1208: Mine Expansion And Stable Guidance Will Shape Future Share Performance
Analysts now place MMG's price target at HK$10.35, up from HK$7.60 previously, reflecting updated views on fair value, revenue growth, profit margins and forward P/E assumptions. What's in the News MMG issued earnings guidance for 2025, indicating an expected unaudited net profit after tax attributable to equity holders in the range of US$500m to US$520m.Mise à jour du récit • Feb 08
1208: Khoemacau Expansion And New Guidance Will Support A Stronger Outlook
Analysts have raised their price target for MMG from US$10.00 to US$13.01, citing updated assumptions for revenue growth, profit margins, discount rate and forward P/E as the key drivers behind this change. What's in the News MMG issued earnings guidance for 2025, indicating expected unaudited net profit after tax attributable to equity holders in a range of US$500 million to US$520 million.Article d’analyse • Jan 28
MMG Limited's (HKG:1208) P/E Is Still On The Mark Following 25% Share Price Bounce
Despite an already strong run, MMG Limited ( HKG:1208 ) shares have been powering on, with a gain of 25% in the last...Mise à jour du récit • Jan 25
1208: Expansion Push And Wider Margins Will Likely Leave Shares Overstretched
Narrative Update Analysts have lifted their price target on MMG, citing higher estimated fair value per share, slightly adjusted discount rates, modestly stronger revenue growth assumptions, a wider projected profit margin of about 6 percentage points, and a higher expected future P/E multiple. What's in the News MMG reported fourth quarter and full year 2025 production results, including 108,638 tonnes of copper in concentrate, 12,572 tonnes of copper cathode, 65,382 tonnes of zinc in concentrate, 12,630 tonnes of lead in concentrate, and 843 tonnes of molybdenum in concentrate (company announcement).Mise à jour du récit • Jan 11
1208: Khoemacau Expansion And Cost Outlook Will Shape A Balanced Future
Analysts have lifted their price target on MMG to about $10.00 from roughly $6.79, citing updated assumptions for higher revenue growth, stronger profit margins and a slightly richer future P/E multiple to justify the change. What's in the News The board has approved a major expansion of the Khoemacau Copper Mine in Botswana, including a new 4.5 million tonnes per annum processing plant that would lift total milling capacity to over 8.0 million tonnes per annum, with capital expenditure estimated at about US$900 million and first copper concentrate targeted in the first half of 2028 (Key Developments).Mise à jour du récit • Dec 27
1208: Leadership Transition And Auditor Change Will Weigh On Future Share Performance
Analysts have raised their price target on MMG from approximately $6.35 to $7.60 per share, citing stronger expected revenue growth, improving profit margins and a slightly higher future earnings multiple as key drivers of the upward revision. What's in the News MMG signed the Rosebery Concentrate Sales Agreement with related party Minmetals North-Europe, covering 100% of Rosebery production for 2026 and 2027 at pricing deemed superior to third party offers and compliant with Hong Kong Listing Rules connected transaction requirements (company announcement).Mise à jour du récit • Dec 13
1208: Leadership And Auditor Uncertainty Will Pressure Future Earnings Performance
Narrative Update on MMG Analysts have raised their price target on MMG to approximately $6.35 from about $6.16, reflecting modestly lower perceived risk along with slightly improved expectations for valuation multiples and earnings quality. What's in the News A board meeting is scheduled for December 2, 2025 to consider the resignation of Mr Xu as Chairman and Non Executive Director, signaling potential leadership changes at MMG Limited (Key Developments).Article d’analyse • Dec 04
MMG Limited (HKG:1208) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Despite an already strong run, MMG Limited ( HKG:1208 ) shares have been powering on, with a gain of 27% in the last...Article d’analyse • Dec 02
We Think MMG (HKG:1208) Can Stay On Top Of Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Mise à jour du récit • Nov 29
1208: Rising Discount Rate Will Pressure Future Earnings Performance
Analysts have raised their price target for MMG from $5.86 to $6.16, citing slightly improved growth forecasts and stable profitability estimates. What's in the News MMG Limited will hold a board meeting on December 2, 2025 to consider the resignation of Mr Xu as Chairman and Non-Executive Director.Mise à jour du récit • Nov 15
1208: Rising Discount Rate Will Undermine Future Share Performance
Analysts have modestly raised their price target for MMG to $5.86 per share. They cite a slight increase in the discount rate while maintaining stable assumptions for revenue growth and profit margins.Mise à jour du récit • Oct 31
1208: Rising Discount Rate Will Weigh On Copper Producer Outlook
Analysts have slightly lowered their price target for MMG from $5.86 to $5.86, citing minor revisions in profit margin and discount rate assumptions. What's in the News MMG Limited plans to change its independent auditor after working with Deloitte Touche Tohmatsu since 2016.Mise à jour du récit • Oct 17
Global Electrification And Urbanization Will Support Copper Upswing
Analysts have raised their price target for MMG from $5.12 to $5.86. They cite projected improvements in revenue growth and profit margins as key factors supporting a more optimistic outlook.Mise à jour du récit • Oct 03
Global Electrification And Urbanization Will Support Copper Upswing
Analysts have increased their price target for MMG from $4.91 to $5.12, citing improved revenue growth forecasts and a more favorable profit margin outlook. What's in the News MMG Limited reported strong Q2 and year-to-date production results through June 30, 2025, with copper (contained metal in concentrate) at 126,633 tonnes for the quarter and 233,234 tonnes for the year to date (Key Developments).Article d’analyse • Sep 28
MMG Limited's (HKG:1208) 25% Jump Shows Its Popularity With Investors
MMG Limited ( HKG:1208 ) shares have continued their recent momentum with a 25% gain in the last month alone. The last...Mise à jour du récit • Sep 05
Global Electrification And Urbanization Will Support Copper Upswing
The consensus price target for MMG has increased, driven by a substantial rise in both future P/E ratio and net profit margin expectations, resulting in a new fair value estimate of HK$4.91. What's in the News MMG reported Q2 2025 production: 126,633 tonnes copper concentrate, 13,735 tonnes copper cathode, 56,176 tonnes zinc concentrate, 8,436 tonnes lead concentrate, and 707 tonnes molybdenum concentrate.Mise à jour du récit • Aug 21
Global Electrification And Urbanization Will Support Copper Upswing
The significant rise in MMG's future P/E ratio, despite reduced consensus revenue growth forecasts, suggests higher anticipated premiums or improved sentiment, contributing to the analyst price target increase from HK$4.26 to HK$4.52. What's in the News MMG reported Q2 copper production of 126,633 tonnes (contained metal in concentrate) and 13,735 tonnes copper cathode; zinc production was 56,176 tonnes, lead 8,436 tonnes, and molybdenum 707 tonnes.Article d’analyse • Aug 15
MMG Limited Recorded A 12% Miss On Revenue: Analysts Are Revisiting Their Models
SEHK:1208 1 Year Share Price vs Fair Value Explore MMG's Fair Values from the Community and select yours The investors...Article d’analyse • Aug 13
MMG Limited's (HKG:1208) P/S Is Still On The Mark Following 29% Share Price Bounce
SEHK:1208 1 Year Share Price vs Fair Value Explore MMG's Fair Values from the Community and select yours Despite an...
Nouveau récit • Mar 19
Kinsevere And Khoemacau Expansions Will Increase Copper And Nickel Production By 2028
Strategic acquisitions and mine expansions are expected to boost production, improve margins, and drive revenue growth for MMG.Analyse de la rémunération des PDG
| Date | Rémunération totale | Salaire | Bénéfices de l'entreprise |
|---|---|---|---|
| Dec 31 2025 | US$3m | US$1m | US$509m |
Rémunération vs marché: La rémunération totale de Ivo ($USD 2.85M ) est supérieure à la moyenne des entreprises de taille similaire sur le marché Hong Kong ($USD 1.08M ).
Rémunération et revenus: Données insuffisantes pour comparer la rémunération de Ivo avec les performances de l'entreprise.
PDG
Ivo Zhao (42 yo)
1.3yrs
Titularisation
US$2,852,000
Compensation
Mr. Jing Zhao, also known as Ivo, is Chief Representative of China Minmetals Latin America Regional Headquarters of China Minmetals Non-ferrous Metals Co. Ltd. Mr. Ivo, serves as Chief Executive Officer an...
Équipe de direction
| Nom | Position | Titularisation | Compensation | Propriété |
|---|---|---|---|---|
| CEO & Executive Director | 1.3yrs | US$2.85m | 0.0019% HK$ 2.2m | |
| CFO & Executive Director | 2.5yrs | pas de données | pas de données | |
| Chief Operating Officer | 2.3yrs | pas de données | pas de données | |
| Head of Investor Relations | no data | pas de données | pas de données | |
| General Counsel | no data | pas de données | pas de données | |
| Group Manager of Strategy & Investor Relations | no data | pas de données | pas de données | |
| General Manager Corporate Affairs & Sustainability | no data | pas de données | pas de données | |
| Head of Business Evaluation | no data | pas de données | pas de données | |
| President of Las Bambas | less than a year | pas de données | pas de données | |
| President of Africa Operations | less than a year | pas de données | pas de données | |
| Chief of Staff | no data | pas de données | pas de données | |
| Head of Tailings & Water | no data | pas de données | pas de données |
1.3yrs
Durée moyenne de l'emploi
48yo
Âge moyen
Gestion expérimentée: L'équipe de direction de 1208 n'est pas considérée comme expérimentée (ancienneté moyenne 1.3 ans), ce qui suggère une nouvelle équipe.
Membres du conseil d'administration
| Nom | Position | Titularisation | Compensation | Propriété |
|---|---|---|---|---|
| CEO & Executive Director | 1.3yrs | US$2.85m | 0.0019% HK$ 2.2m | |
| CFO & Executive Director | less than a year | pas de données | pas de données | |
| Independent Non-Executive Director | 15.7yrs | US$146.00k | pas de données | |
| Independent Non-Executive Director | 2.1yrs | US$137.00k | pas de données | |
| Lead Independent Non-Executive Director | 14.1yrs | US$137.00k | pas de données | |
| Independent Non-Executive Director | 6.7yrs | US$155.00k | pas de données | |
| Non-Executive Director | 9.5yrs | pas de données | pas de données | |
| Chairman of the Board | 2.3yrs | US$1.33m | pas de données | |
| Non-Executive Director | less than a year | pas de données | pas de données |
2.3yrs
Durée moyenne de l'emploi
55yo
Âge moyen
Conseil d'administration expérimenté: Le conseil d'administration de la 1208 n'est pas considéré comme expérimenté ( 2.3 années d'ancienneté moyenne), ce qui suggère un nouveau conseil d'administration.
Analyse de l'entreprise et données financières
| Données | Dernière mise à jour (heure UTC) |
|---|---|
| Analyse de l'entreprise | 2026/08/07 17:23 |
| Cours de l'action en fin de journée | 2026/08/07 00:00 |
| Les revenus | 2025/12/31 |
| Revenus annuels | 2025/12/31 |
Sources de données
Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.
| Paquet | Données | Cadre temporel | Exemple de source américaine * |
|---|---|---|---|
| Finances de l'entreprise | 10 ans |
| |
| Estimations consensuelles des analystes | +3 ans |
|
|
| Prix du marché | 30 ans |
| |
| Propriété | 10 ans |
| |
| Gestion | 10 ans |
| |
| Principaux développements | 10 ans |
|
* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.
Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.
Modèle d'analyse et flocon de neige
Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github ; nous proposons également des guides sur la façon d’utiliser nos rapports et des tutoriels sur YouTube.
Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.
Indicateurs de l'industrie et du secteur
Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.
Sources des analystes
MMG Limited est couverte par 26 analystes. 10 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.
| Analyste | Institution |
|---|---|
| Ephrem Ravi | Barclays |
| Aleksandra Bukacheva | BMO Capital Markets Equity Research |
| Miriam Chan | BofA Global Research |