Stock Analysis
- Hong Kong
- /
- Metals and Mining
- /
- SEHK:1818
Zhaojin Mining Industry First Quarter 2024 Earnings: EPS: CN¥0.07 (vs CN¥0.03 in 1Q 2023)
Zhaojin Mining Industry (HKG:1818) First Quarter 2024 Results
Key Financial Results
- Revenue: CN¥1.98b (up 14% from 1Q 2023).
- Net income: CN¥221.4m (up 124% from 1Q 2023).
- Profit margin: 11% (up from 5.7% in 1Q 2023).
- EPS: CN¥0.07 (up from CN¥0.03 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Zhaojin Mining Industry Earnings Insights
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Metals and Mining industry in Hong Kong.
Performance of the Hong Kong Metals and Mining industry.
The company's shares are up 22% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Zhaojin Mining Industry (1 shouldn't be ignored!) that you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Zhaojin Mining Industry might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SEHK:1818
Zhaojin Mining Industry
An investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and silver products in the People’s Republic of China.