Chinese (SSE) Gold Industry Analysis

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, 24 Jul 2026	CN¥1.2t	CN¥729.7b	CN¥79.1b	26.9x	15.6x	1.7x
Sun, 21 Jun 2026	CN¥1.1t	CN¥729.7b	CN¥79.1b	27.3x	14.5x	1.6x
Tue, 19 May 2026	CN¥1.2t	CN¥729.0b	CN¥78.9b	31x	15.6x	1.7x
Thu, 16 Apr 2026	CN¥1.4t	CN¥667.7b	CN¥65.2b	38x	21.3x	2.1x
Sat, 14 Mar 2026	CN¥1.5t	CN¥620.2b	CN¥55.1b	45.8x	26.6x	2.4x
Mon, 09 Feb 2026	CN¥1.5t	CN¥620.2b	CN¥55.1b	42.7x	26.9x	2.4x
Wed, 07 Jan 2026	CN¥1.4t	CN¥620.2b	CN¥55.1b	30.7x	25.7x	2.3x
Fri, 05 Dec 2025	CN¥1.2t	CN¥620.2b	CN¥55.1b	25.6x	21.8x	1.9x
Sun, 02 Nov 2025	CN¥1.2t	CN¥620.2b	CN¥55.1b	25.8x	21.7x	1.9x
Tue, 30 Sep 2025	CN¥406.7b	CN¥264.4b	CN¥11.4b	33.7x	35.6x	1.5x
Thu, 28 Aug 2025	CN¥318.6b	CN¥253.7b	CN¥9.7b	33.1x	32.8x	1.3x
Sat, 26 Jul 2025	CN¥310.2b	CN¥249.2b	CN¥9.5b	33x	32.5x	1.2x
Mon, 23 Jun 2025	CN¥316.3b	CN¥249.2b	CN¥9.5b	33x	33.1x	1.3x
Wed, 21 May 2025	CN¥291.7b	CN¥249.2b	CN¥9.5b	32.4x	30.6x	1.2x
Fri, 18 Apr 2025	CN¥311.1b	CN¥237.4b	CN¥10.0b	30.8x	31.1x	1.3x
Sun, 16 Mar 2025	CN¥251.2b	CN¥235.7b	CN¥9.0b	24.6x	27.9x	1.1x
Tue, 11 Feb 2025	CN¥253.7b	CN¥235.7b	CN¥9.0b	23.2x	28.2x	1.1x
Thu, 09 Jan 2025	CN¥227.9b	CN¥235.7b	CN¥9.0b	19.9x	25.3x	1x
Sat, 07 Dec 2024	CN¥229.7b	CN¥235.7b	CN¥9.0b	20.6x	25.5x	1x
Mon, 04 Nov 2024	CN¥252.3b	CN¥235.7b	CN¥9.0b	22.4x	28x	1.1x
Wed, 02 Oct 2024	CN¥270.0b	CN¥227.0b	CN¥8.5b	24.7x	31.7x	1.2x
Fri, 30 Aug 2024	CN¥249.0b	CN¥227.5b	CN¥8.2b	21.6x	30.6x	1.1x
Sun, 28 Jul 2024	CN¥259.3b	CN¥210.4b	CN¥7.6b	32.7x	34x	1.2x
Tue, 25 Jun 2024	CN¥252.7b	CN¥210.4b	CN¥7.6b	29.3x	33.2x	1.2x
Thu, 23 May 2024	CN¥272.3b	CN¥210.4b	CN¥7.6b	31.6x	35.7x	1.3x
Sat, 20 Apr 2024	CN¥271.7b	CN¥201.6b	CN¥6.7b	39.3x	40.8x	1.3x
Mon, 18 Mar 2024	CN¥223.2b	CN¥192.8b	CN¥5.1b	50.4x	43.8x	1.2x
Wed, 14 Feb 2024	CN¥189.8b	CN¥192.8b	CN¥5.1b	43.2x	37.3x	1x
Fri, 12 Jan 2024	CN¥197.4b	CN¥193.6b	CN¥5.0b	40.8x	39.8x	1x
Sun, 10 Dec 2023	CN¥209.5b	CN¥193.6b	CN¥5.0b	41.4x	42.3x	1.1x
Tue, 07 Nov 2023	CN¥211.9b	CN¥194.3b	CN¥4.8b	38.5x	44.1x	1.1x
Thu, 05 Oct 2023	CN¥222.9b	CN¥183.2b	CN¥3.9b	68.7x	56.5x	1.2x
Sat, 02 Sep 2023	CN¥231.3b	CN¥183.7b	CN¥4.4b	80.3x	52.7x	1.3x
Mon, 31 Jul 2023	CN¥223.3b	CN¥175.0b	CN¥3.9b	80.7x	57.8x	1.3x

Current Industry PE

Investors are pessimistic on the Chinese Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 15.3x which is lower than its 3-year average PE of 32.2x.

The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.7x.

Past Earnings Growth

The earnings for companies in the Gold industry have grown 174% per year over the last three years.
Revenues for these companies have grown 61% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Chinese Gold compare with similar industries?


CN Market	-2.47%
Materials	-0.016%
Metals and Mining	3.31%
Gold	12.28%
Diversified Metals and Mining	2.10%
Steel	1.70%
Aluminum	1.15%
Precious Metals and Minerals	-0.56%
Copper	-6.92%

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
601899 Zijin Mining Group	CN¥31.51	11.1% +CN¥83.2b	58.7%	PE13.5x
600489 Zhongjin GoldLtd	CN¥21.36	12.1% +CN¥11.1b	43.2%	PE16.5x
600547 Shandong Gold Mining	CN¥25.94	9.2% +CN¥10.0b	-15.4%	PE25.7x
600988 Chifeng Jilong Gold Mining Group	CN¥36.49	15.0% +CN¥9.0b	53.6%	PE19.2x
001337 Sichuan Gold	CN¥37.05	12.3% +CN¥1.7b	55.2%	PE24.5x

Zijin Mining Group Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2026

Zijin Mining Group Company Limited provided earnings guidance for the six months ended 30 June 2026. For the period, the company expects net profit attributable to owners of approximately RMB 39.1 billion representing an increase of approximately RMB15.8 billion, or an increase of approximately 68% compared with the same period last year. It is estimated that the Company realised a net profit attributable to owners of the listed company after non-recurring profit or loss of approximately RMB 37.9 billion for the first half of 2026, representing an increase of approximately RMB16.3 billion, or an increase of approximately 75% compared with the same period last year. Among which, it is estimated that the Company realised a net profit attributable to owners of the listed company after non-recurring profit or loss of approximately RMB 19.4 billion for the second quarter of 2026, representing an increase of approximately RMB 0.9 billion, or an increase of approximately 5% compared with the first quarter of 2026. Based on the preliminary estimation by the Finance Department, it is estimated that the Company realised a net profit attributable to owners of the listed company of approximately RMB39.1 billion for the first half of 2026, representing an increase of approximately RMB 15.8 billion, or an increase of approximately 68% compared with the same period last year (same period last year: RMB 23.3 billion). It is estimated that the Company realised a net profit attributable to owners of the listed company after non- recurring profit or loss of approximately RMB 37.9 billion for the first half of 2026, representing an increase of approximately RMB16.3 billion, or an increase of approximately 75% compared with the same period last year (same period last year: RMB 21.6 billion). Among which, it is estimated that the Company realised a net profit attributable to owners of the listed company after non-recurring profit or loss of approximately RMB 19.4 billion for the second quarter of 2026, representing an increase of approximately RMB 0.9 billion, or an increase of approximately 5% compared with the first quarter of 2026 (first quarter of 2026: RMB 18.5 billion).

Chinese (SSE) Gold Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 15%

Shandong Gold Mining Co., Ltd. Announces Ordinary Interim (Semi-Annual) Cash Dividend for the Six Months Ended 30 June 2026, Payable on 18 September 2026

Chifeng Jilong Gold Mining Group Limited Provides Earnings Guidance for the Half Year Ended June 30, 2026

Zijin Mining Group Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2026

Investor sentiment improves as stock rises 17%

Beijing XIAOCHENG Technology Stock Co., Ltd to Report First Half, 2026 Results on Aug 13, 2026

Zhongjin Gold Corp.,Ltd to Report First Half, 2026 Results on Aug 28, 2026

Western Region Gold Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026