After Leaping 26% Chifeng Jilong Gold Mining Co.,Ltd. (SHSE:600988) Shares Are Not Flying Under The Radar
Jul 17
Chinese (SSE) Gold Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies8
- 7D-11.7%
- 3M-3.8%
- 1Y8.6%
- YTDn/a
Over the last 7 days, the Gold industry has dropped 7.2%, driven by declines in Shandong Gold Mining and Zhongjin GoldLtd of 10% and 15%, respectively. Meanwhile, Zhongrun Resources Investment actually outperformed within the industry, gaining 28% in the last week. In the past year, the industry has gained 13%. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Chinese Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | CN¥256.8b | CN¥210.4b | CN¥7.6b | 33.2x | 33.7x | 1.2x |
| Sun, 23 Jun 2024 | CN¥256.9b | CN¥210.4b | CN¥7.6b | 30.2x | 33.7x | 1.2x |
| Tue, 21 May 2024 | CN¥288.6b | CN¥210.4b | CN¥7.6b | 33.8x | 37.9x | 1.4x |
| Thu, 18 Apr 2024 | CN¥271.1b | CN¥201.6b | CN¥6.7b | 39.4x | 40.7x | 1.3x |
| Sat, 16 Mar 2024 | CN¥223.2b | CN¥192.8b | CN¥5.1b | 50.4x | 43.8x | 1.2x |
| Mon, 12 Feb 2024 | CN¥189.8b | CN¥192.8b | CN¥5.1b | 43.2x | 37.3x | 1x |
| Wed, 10 Jan 2024 | CN¥197.9b | CN¥193.6b | CN¥5.0b | 41.6x | 40x | 1x |
| Fri, 08 Dec 2023 | CN¥211.2b | CN¥193.6b | CN¥5.0b | 41.4x | 42.6x | 1.1x |
| Sun, 05 Nov 2023 | CN¥212.9b | CN¥194.3b | CN¥4.8b | 37.9x | 44.3x | 1.1x |
| Tue, 03 Oct 2023 | CN¥222.9b | CN¥183.2b | CN¥3.9b | 68.7x | 56.5x | 1.2x |
| Thu, 31 Aug 2023 | CN¥231.8b | CN¥183.7b | CN¥4.4b | 81.7x | 52.8x | 1.3x |
| Sat, 29 Jul 2023 | CN¥223.3b | CN¥175.0b | CN¥3.9b | 80.7x | 57.8x | 1.3x |
| Mon, 26 Jun 2023 | CN¥207.9b | CN¥175.0b | CN¥3.9b | 75x | 53.8x | 1.2x |
| Wed, 24 May 2023 | CN¥219.5b | CN¥175.0b | CN¥3.8b | 79.9x | 57.4x | 1.3x |
| Fri, 21 Apr 2023 | CN¥247.0b | CN¥173.9b | CN¥4.7b | 69.4x | 52.6x | 1.4x |
| Sun, 19 Mar 2023 | CN¥214.0b | CN¥171.3b | CN¥4.3b | 58.4x | 49.4x | 1.2x |
| Tue, 14 Feb 2023 | CN¥185.1b | CN¥165.4b | CN¥4.3b | 53.6x | 42.6x | 1.1x |
| Thu, 12 Jan 2023 | CN¥188.6b | CN¥165.4b | CN¥4.3b | 55.4x | 43.4x | 1.1x |
| Sat, 10 Dec 2022 | CN¥189.4b | CN¥165.4b | CN¥4.3b | 57.7x | 43.6x | 1.1x |
| Mon, 07 Nov 2022 | CN¥173.0b | CN¥165.4b | CN¥4.3b | 49.5x | 39.9x | 1x |
| Wed, 05 Oct 2022 | CN¥169.9b | CN¥158.6b | CN¥4.7b | 47.4x | 36.5x | 1.1x |
| Fri, 02 Sep 2022 | CN¥170.7b | CN¥161.0b | CN¥3.5b | 45x | 48.9x | 1.1x |
| Sun, 31 Jul 2022 | CN¥172.4b | CN¥152.9b | CN¥1.8b | 51.7x | 95.7x | 1.1x |
| Tue, 28 Jun 2022 | CN¥171.9b | CN¥152.9b | CN¥1.8b | 46.5x | 95.4x | 1.1x |
| Thu, 26 May 2022 | CN¥165.9b | CN¥152.9b | CN¥1.8b | 46.5x | 90.4x | 1.1x |
| Sat, 23 Apr 2022 | CN¥180.1b | CN¥94.6b | CN¥1.2b | 38.4x | 144.4x | 1.9x |
| Mon, 21 Mar 2022 | CN¥173.8b | CN¥138.8b | -CN¥1,002,209,508.00 | 29x | -173.4x | 1.3x |
| Wed, 16 Feb 2022 | CN¥180.2b | CN¥138.8b | -CN¥1,002,209,508.00 | 28.2x | -179.8x | 1.3x |
| Fri, 14 Jan 2022 | CN¥176.9b | CN¥138.6b | -CN¥984,630,281.00 | 29.9x | -179.7x | 1.3x |
| Sun, 12 Dec 2021 | CN¥174.7b | CN¥138.6b | -CN¥984,630,281.00 | 31.6x | -177.5x | 1.3x |
| Tue, 09 Nov 2021 | CN¥181.4b | CN¥138.8b | -CN¥1,002,209,510.00 | 30.3x | -181x | 1.3x |
| Thu, 07 Oct 2021 | CN¥175.6b | CN¥152.8b | -CN¥378,185,015.00 | 29.3x | -464.4x | 1.1x |
| Sat, 04 Sep 2021 | CN¥175.2b | CN¥152.8b | -CN¥378,185,014.00 | 31.8x | -463.1x | 1.1x |
| Mon, 02 Aug 2021 | CN¥168.9b | CN¥152.8b | -CN¥378,185,014.00 | 29.2x | -446.5x | 1.1x |
Price to Earnings Ratio
-446.5x
Current Industry PE
- Investors are optimistic on the Chinese Gold industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 35.5x which is higher than its 3-year average PE of -30.4x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Gold industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 11% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Chinese Gold compare with similar industries?
| CN Market | -3.39% | |
| Materials | -5.63% | |
| Metals and Mining | -7.35% | |
| Gold | -11.69% | |
| Silver | 0% | |
| Steel | -3.77% | |
| Precious Metals and Minerals | -5.71% | |
| Aluminum | -8.43% | |
| Copper | -8.95% | |
| Diversified Metals and Mining | -9.02% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 000506 Zhongrun Resources Investment | CN¥1.34 | 15.5% +CN¥167.2m | -69.9% | PE32.7x |