Zhongjin GoldLtd Future Growth

Future criteria checks 1/6

Zhongjin GoldLtd is forecast to grow earnings and revenue by 15% and 9.1% per annum respectively. EPS is expected to grow by 15.6% per annum. Return on equity is forecast to be 13.8% in 3 years.

Key information

15.0%

Earnings growth rate

15.6%

EPS growth rate

Metals and Mining earnings growth	24.2%
Revenue growth rate	9.1%
Future return on equity	13.8%
Analyst coverage	Good
Last updated	11 Jun 2024

Recent future growth updates

Recent updates

Does Zhongjin GoldLtd (SHSE:600489) Deserve A Spot On Your Watchlist?

Aug 28

Is Zhongjin GoldLtd (SHSE:600489) A Risky Investment?

Aug 13

Investors Don't See Light At End Of Zhongjin Gold Corp.,Ltd's (SHSE:600489) Tunnel

Jul 01

Returns At Zhongjin GoldLtd (SHSE:600489) Are On The Way Up

Jun 17

Calculating The Fair Value Of Zhongjin Gold Corp.,Ltd (SHSE:600489)

May 21

Party Time: Brokers Just Made Major Increases To Their Zhongjin Gold Corp.,Ltd (SHSE:600489) Earnings Forecasts

May 03

Improved Earnings Required Before Zhongjin Gold Corp.,Ltd (SHSE:600489) Stock's 28% Jump Looks Justified

Mar 29

Here's Why We Think Zhongjin GoldLtd (SHSE:600489) Might Deserve Your Attention Today

Mar 28

Zhongjin GoldLtd (SHSE:600489) Shareholders Will Want The ROCE Trajectory To Continue

Mar 14

We Think Zhongjin GoldLtd (SHSE:600489) Can Stay On Top Of Its Debt

Feb 29

Earnings and Revenue Growth Forecasts

SHSE:600489 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	80,077	4,949	N/A	7,950	5
12/31/2025	73,316	4,039	N/A	9,072	6
12/31/2024	70,118	3,681	N/A	5,510	5
3/31/2024	61,080	3,216	6,013	7,824	N/A
12/31/2023	61,264	2,978	4,798	6,423	N/A
9/30/2023	62,670	2,625	6,283	7,528	N/A
3/31/2023	56,870	1,946	5,304	6,556	N/A
12/31/2022	57,152	1,895	4,370	5,684	N/A
9/30/2022	55,106	1,875	2,345	3,663	N/A
6/30/2022	55,404	2,002	2,892	4,111	N/A
3/31/2022	58,515	1,710	3,498	4,776	N/A
12/31/2021	56,102	1,698	3,106	4,389	N/A
9/30/2021	56,680	1,905	3,007	4,513	N/A
6/30/2021	55,335	1,941	1,364	2,925	N/A
3/31/2021	51,894	1,877	2,251	3,859	N/A
12/31/2020	47,995	1,555	2,935	4,563	N/A
9/30/2020	45,321	1,165	629	2,205	N/A
6/30/2020	42,727	823	2,335	3,941	N/A
3/31/2020	41,056	747	860	2,521	N/A
12/31/2019	42,541	793	1,470	3,102	N/A
9/30/2019	39,004	665	1,896	3,374	N/A
6/30/2019	37,138	554	527	1,856	N/A
3/31/2019	36,237	344	722	1,972	N/A
12/31/2018	34,452	193	1,132	2,417	N/A
9/30/2018	32,640	179	361	1,721	N/A
6/30/2018	33,080	203	-876	513	N/A
3/31/2018	31,916	261	-1,154	302	N/A
12/31/2017	32,928	291	N/A	630	N/A
9/30/2017	43,776	258	N/A	-911	N/A
6/30/2017	41,542	381	N/A	116	N/A
3/31/2017	41,363	390	N/A	327	N/A
12/31/2016	38,928	362	N/A	990	N/A
9/30/2016	26,609	421	N/A	969	N/A
6/30/2016	32,658	231	N/A	742	N/A
3/31/2016	34,664	128	N/A	-492	N/A
12/31/2015	37,064	86	N/A	-1,508	N/A
9/30/2015	42,263	-258	N/A	49	N/A
6/30/2015	35,368	-172	N/A	-225	N/A
3/31/2015	33,630	-50	N/A	436	N/A
12/31/2014	33,554	61	N/A	832	N/A
9/30/2014	29,825	136	N/A	1,135	N/A
6/30/2014	31,091	135	N/A	1,015	N/A
3/31/2014	30,826	176	N/A	812	N/A
12/31/2013	30,491	431	N/A	813	N/A
9/30/2013	31,885	1,068	N/A	1,642	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600489's forecast earnings growth (15% per year) is above the savings rate (2.9%).

Earnings vs Market: 600489's earnings (15% per year) are forecast to grow slower than the CN market (21.9% per year).

High Growth Earnings: 600489's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600489's revenue (9.1% per year) is forecast to grow slower than the CN market (13.4% per year).

High Growth Revenue: 600489's revenue (9.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600489's Return on Equity is forecast to be low in 3 years time (13.8%).

Zhongjin GoldLtd Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus revenue estimates increase by 16%

Price target increased by 13% to CN¥14.76

Consensus EPS estimates increase by 12%

Consensus forecasts updated

Price target decreased to CN¥10.01

Price target decreased to CN¥10.67

Recent updates

Does Zhongjin GoldLtd (SHSE:600489) Deserve A Spot On Your Watchlist?

Is Zhongjin GoldLtd (SHSE:600489) A Risky Investment?

Dividend of CN¥0.40 announced

Investor sentiment improves as stock rises 16%

Investors Don't See Light At End Of Zhongjin Gold Corp.,Ltd's (SHSE:600489) Tunnel

Zhongjin Gold Corp.,Ltd to Report First Half, 2024 Results on Aug 30, 2024

Returns At Zhongjin GoldLtd (SHSE:600489) Are On The Way Up

Calculating The Fair Value Of Zhongjin Gold Corp.,Ltd (SHSE:600489)

Now 20% undervalued

Party Time: Brokers Just Made Major Increases To Their Zhongjin Gold Corp.,Ltd (SHSE:600489) Earnings Forecasts

Consensus revenue estimates increase by 16%

Price target increased by 13% to CN¥14.76

First quarter 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.11 in 1Q 2023)

Zhongjin Gold Corp.,Ltd to Report Q1, 2024 Results on Apr 27, 2024

Improved Earnings Required Before Zhongjin Gold Corp.,Ltd (SHSE:600489) Stock's 28% Jump Looks Justified

Here's Why We Think Zhongjin GoldLtd (SHSE:600489) Might Deserve Your Attention Today

Zhongjin GoldLtd (SHSE:600489) Shareholders Will Want The ROCE Trajectory To Continue

We Think Zhongjin GoldLtd (SHSE:600489) Can Stay On Top Of Its Debt

Zhongjin Gold Corp.,Ltd to Report Fiscal Year 2023 Results on Apr 27, 2024

Third quarter 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.10 in 3Q 2022)

Zhongjin Gold Corp.,Ltd to Report Q3, 2023 Results on Oct 28, 2023

Second quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.15 in 2Q 2022)

Zhongjin Gold Corp.,Ltd to Report First Half, 2023 Results on Aug 29, 2023

Consensus EPS estimates increase by 12%

First quarter 2023 earnings released: EPS: CN¥0.12 (vs CN¥0.10 in 1Q 2022)

Investor sentiment improves as stock rises 16%

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.10 (vs CN¥0.10 in 3Q 2021)

Consensus forecasts updated

Second quarter 2022 earnings released: EPS: CN¥0.15 (vs CN¥0.09 in 2Q 2021)

Price target decreased to CN¥10.01

Less than half of directors are independent

Price target decreased to CN¥10.67

Now 22% undervalued

Zhongjin Gold Corp., Ltd.(XSSC:600489) dropped from FTSE All-World Index (USD)

Third quarter 2021 earnings released: EPS CN¥0.10 (vs CN¥0.11 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.09 (vs CN¥0.077 in 2Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS CN¥0.34 (vs CN¥0.05 in FY 2019)

Consensus forecasts updated

New 90-day high: CN¥9.98

Investor sentiment improved over the past week

New 90-day low: CN¥7.87

New 90-day low: CN¥8.31

New 90-day low: CN¥9.26

Analysts update estimates

Revenue and earnings beat expectations

Third quarter 2020 earnings released: EPS CN¥0.11

Zhongjin Gold Corp., Ltd. to Report Q3, 2020 Results on Oct 31, 2020

New 90-day low: CN¥9.68

Analysts increase revenue estimates to CN¥50.5b

Price target raised to CN¥11.24

First half earnings released

Price target raised to CN¥10.24

New 90-day high - CN¥11.92

Zhongjin Gold Corp., Ltd. (SHSE:600489) completed the acquisition of 60.98% in Henan Zhongyuan Gold Smelter Co., Ltd. from a group of sellers.

Zhongjin Gold Corp., Ltd. to Report First Half, 2020 Results on Aug 28, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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