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Persistence Resources Group SEHK:2489 Stock Report

Last Price

HK$0.83

Market Cap

HK$1.7b

7D

-1.2%

1Y

50.9%

Updated

20 Jan, 2025

Data

Company Financials

Persistence Resources Group Ltd

SEHK:2489 Stock Report

Market Cap: HK$1.7b

2489 Stock Overview

Engages in the exploration, mining, and processing of gold properties in China. More details

2489 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

Rewards

Risk Analysis

No risks detected for 2489 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Persistence Resources Group Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Persistence Resources Group
Historical stock prices
Current Share PriceHK$0.83
52 Week HighHK$1.00
52 Week LowHK$0.084
Beta0
1 Month Change0%
3 Month Change3.75%
1 Year Change50.91%
3 Year Changen/a
5 Year Changen/a
Change since IPO48.21%

Recent News & Updates

Persistence Resources Group (HKG:2489) Has A Rock Solid Balance Sheet

Nov 26
Persistence Resources Group (HKG:2489) Has A Rock Solid Balance Sheet

Recent updates

Persistence Resources Group (HKG:2489) Has A Rock Solid Balance Sheet

Nov 26
Persistence Resources Group (HKG:2489) Has A Rock Solid Balance Sheet

Shareholder Returns

2489HK Metals and MiningHK Market
7D-1.2%2.7%2.1%
1Y50.9%37.5%23.7%

Return vs Industry: 2489 exceeded the Hong Kong Metals and Mining industry which returned 37.5% over the past year.

Return vs Market: 2489 exceeded the Hong Kong Market which returned 23.7% over the past year.

Price Volatility

Is 2489's price volatile compared to industry and market?
2489 volatility
2489 Average Weekly Movement4.8%
Metals and Mining Industry Average Movement6.1%
Market Average Movement6.5%
10% most volatile stocks in HK Market14.0%
10% least volatile stocks in HK Market3.0%

Stable Share Price: 2489 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2489's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005485Richard Shaowww.persistenceresource.com

Persistence Resources Group Ltd engages in the exploration, mining, and processing of gold properties in China. It operates two operating gold mines, including the Songjiagou Open-Pit Mine and the Songjiagou Underground Mine located in Songjiagou. The company was formerly known as Sinogold Resources Holdings Group Co., Ltd.

Persistence Resources Group Ltd Fundamentals Summary

How do Persistence Resources Group's earnings and revenue compare to its market cap?
2489 fundamental statistics
Market capHK$1.66b
Earnings (TTM)HK$103.72m
Revenue (TTM)HK$494.42m

16.0x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2489 income statement (TTM)
RevenueCN¥464.70m
Cost of RevenueCN¥221.85m
Gross ProfitCN¥242.86m
Other ExpensesCN¥145.37m
EarningsCN¥97.49m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.049
Gross Margin52.26%
Net Profit Margin20.98%
Debt/Equity Ratio0%

How did 2489 perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

57%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 09:45
End of Day Share Price 2025/01/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Persistence Resources Group Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution