Announcement • Jun 30
Sichuan Gold Co., Ltd. to Report First Half, 2026 Results on Aug 21, 2026 Sichuan Gold Co., Ltd. announced that they will report first half, 2026 results on Aug 21, 2026 Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥41.23, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 35x in the Metals and Mining industry in China. Total returns to shareholders of 26% over the past three years. Reported Earnings • Apr 03
Full year 2025 earnings released: EPS: CN¥1.11 (vs CN¥0.59 in FY 2024) Full year 2025 results: EPS: CN¥1.11 (up from CN¥0.59 in FY 2024). Revenue: CN¥1.03b (up 60% from FY 2024). Net income: CN¥465.8m (up 88% from FY 2024). Profit margin: 45% (up from 39% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • Apr 03
Sichuan Gold Co., Ltd., Annual General Meeting, Apr 28, 2026 Sichuan Gold Co., Ltd., Annual General Meeting, Apr 28, 2026, at 15:30 China Standard Time. Location: 4F, South Tower, No. 145, Tiantai Road, Hi-tech Zone, Chengdu, Sichuan China Announcement • Mar 31
Sichuan Gold Co., Ltd. to Report Q1, 2026 Results on Apr 27, 2026 Sichuan Gold Co., Ltd. announced that they will report Q1, 2026 results on Apr 27, 2026 Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥44.76, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 40x in the Metals and Mining industry in China. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥55.74, the stock trades at a trailing P/E ratio of 55.7x. Average trailing P/E is 49x in the Metals and Mining industry in China. Total returns to shareholders of 411% over the past three years. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to CN¥66.18, the stock trades at a trailing P/E ratio of 66.1x. Average trailing P/E is 47x in the Metals and Mining industry in China. Total returns to shareholders of 210% over the past year. New Risk • Jan 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥34.64, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 44x in the Metals and Mining industry in China. Total returns to shareholders of 59% over the past year. Announcement • Dec 31
Sichuan Gold Co., Ltd. to Report Fiscal Year 2025 Results on Apr 03, 2026 Sichuan Gold Co., Ltd. announced that they will report fiscal year 2025 results on Apr 03, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.38 (vs CN¥0.13 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.38 (up from CN¥0.13 in 3Q 2024). Revenue: CN¥346.3m (up 161% from 3Q 2024). Net income: CN¥160.5m (up 184% from 3Q 2024). Profit margin: 46% (up from 43% in 3Q 2024). The increase in margin was driven by higher revenue. Announcement • Sep 30
Sichuan Gold Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Sichuan Gold Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Jul 02
Sichuan Gold Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Sichuan Gold Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 New Risk • May 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (96% cash payout ratio). Share price has been volatile over the past 3 months (8.5% average weekly change). Declared Dividend • May 21
Final dividend of CN¥0.25 announced Shareholders will receive a dividend of CN¥0.25. Ex-date: 26th May 2025 Payment date: 23rd May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but not adequately covered by cash flows (96% cash payout ratio). The dividend has increased by an average of 32% per year over the past 2 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 3 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 12
Sichuan Gold Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Sichuan Gold Co., Ltd. proposed final cash dividend/10 shares (tax included) of CNY 2.50000000 for the year 2024. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: CN¥0.59 (vs CN¥0.51 in FY 2023) Full year 2024 results: EPS: CN¥0.59 (up from CN¥0.51 in FY 2023). Revenue: CN¥639.8m (up 1.7% from FY 2023). Net income: CN¥248.2m (up 18% from FY 2023). Profit margin: 39% (up from 34% in FY 2023). The increase in margin was primarily driven by lower expenses. Announcement • Apr 11
Sichuan Gold Co., Ltd., Annual General Meeting, May 07, 2025 Sichuan Gold Co., Ltd., Annual General Meeting, May 07, 2025, at 15:00 China Standard Time. Location: 4F, South Tower, No. 145, Tiantai Road, Hi-tech Zone, Chengdu, Sichuan China Announcement • Mar 31
Sichuan Gold Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Sichuan Gold Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 31
Sichuan Gold Co., Ltd. to Report Fiscal Year 2024 Results on Apr 11, 2025 Sichuan Gold Co., Ltd. announced that they will report fiscal year 2024 results on Apr 11, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.15 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.13 (down from CN¥0.15 in 3Q 2023). Revenue: CN¥132.6m (down 19% from 3Q 2023). Net income: CN¥56.4m (down 13% from 3Q 2023). Profit margin: 43% (up from 39% in 3Q 2023). The increase in margin was driven by lower expenses. Announcement • Sep 30
Sichuan Gold Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Sichuan Gold Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Announcement • Sep 20
Sichuan Gold Co., Ltd. Announces Interim Cash Dividend on A Shares for the Year 2024, Payable on 26 September 2024 Sichuan Gold Co., Ltd. announced interim cash dividend of CNY 1.00 per 10 shares on A shares (tax included) for the year 2024. Record date: 25 September 2024, Ex-date: 26 September 2024 and Payment date: 26 September 2024. Announcement • Sep 12
Sichuan Gold Co., Ltd. Approves 2024 Interim Profit Distribution Sichuan Gold Co., Ltd. at its 2nd Extraordinary General Meeting of 2024 on 10 September 2024 approved 2024 interim profit distribution plan Cash dividend/10 shares (tax included): CNY 1.00000000. Board Change • Sep 11
High number of new and inexperienced directors There are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. Independent Director Lei Li is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 24
Second quarter 2024 earnings released: EPS: CN¥0.15 (vs CN¥0.074 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.15 (up from CN¥0.074 in 2Q 2023). Revenue: CN¥205.2m (up 31% from 2Q 2023). Net income: CN¥63.8m (up 107% from 2Q 2023). Profit margin: 31% (up from 20% in 2Q 2023). The increase in margin was driven by higher revenue. Announcement • Jun 29
Sichuan Gold Co., Ltd. to Report First Half, 2024 Results on Aug 24, 2024 Sichuan Gold Co., Ltd. announced that they will report first half, 2024 results on Aug 24, 2024 Declared Dividend • May 12
Dividend increased to CN¥0.25 Dividend of CN¥0.25 is 25% higher than last year. Ex-date: 17th May 2024 Payment date: 17th May 2024 Dividend yield will be 0.9%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (77% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 48% to shift the payout ratio to a potentially unsustainable range, which is more than the 33% EPS decline seen over the last 3 years. Announcement • May 11
Sichuan Rongda Gold Co., Ltd. Announces Cash Dividend on A Shares for the Year 2023, Payable on 17 May 2024 Sichuan Rongda Gold Co., Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend of CNY 2.50000000 per ten shares (Tax included). Record date: 16 May 2024. Ex-date: 17 May 2024. Payment date: 17 May 2024. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.18 (vs CN¥0.16 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.18 (up from CN¥0.16 in 1Q 2023). Revenue: CN¥189.9m (up 6.8% from 1Q 2023). Net income: CN¥76.8m (up 24% from 1Q 2023). Profit margin: 40% (up from 35% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥30.04, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 29x in the Metals and Mining industry in China. Total returns to shareholders of 3.6% over the past year. Announcement • Mar 31
Sichuan Rongda Gold Co., Ltd., Annual General Meeting, Apr 25, 2024 Sichuan Rongda Gold Co., Ltd., Annual General Meeting, Apr 25, 2024, at 14:00 China Standard Time. Location: 3F, No. 228, Fucheng Avenue East Section, Wuhou District, Chengdu, Sichuan China Announcement • Mar 30
Sichuan Rongda Gold Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 Sichuan Rongda Gold Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥26.08, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 28x in the Metals and Mining industry in China. Total returns to shareholders of 75% over the past year. New Risk • Jan 05
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Dividend is not well covered by cash flows (158% cash payout ratio). Announcement • Dec 30
Sichuan Rongda Gold Co., Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Sichuan Rongda Gold Co., Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 New Risk • Oct 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (6.4% average weekly change). New Risk • Oct 02
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Short dividend paying track record (less than a year of continuous dividend payments). New Risk • Sep 23
New major risk - Revenue and earnings growth Revenue has declined by 13% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 13% over the past year. Minor Risk Short dividend paying track record (less than a year of continuous dividend payments). Announcement • May 10
Sichuan Rongda Gold Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 17 May 2023 Sichuan Rongda Gold Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 2.00000000 for the year 2022, payable on 17 May 2023. Record date is 16 May 2023. Ex-date is 17 May 2023.