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Persistence Resources Group LtdSEHK:2489 Stock Report

Market Cap HK$2.8b
Share Price
HK$1.18
HK$0.85
38.7% overvalued intrinsic discount
1Y-4.1%
7D7.3%
Portfolio Value
View

Persistence Resources Group Ltd

SEHK:2489 Stock Report

Market Cap: HK$2.8b

Persistence Resources Group (2489) Stock Overview

An investment holding company, engages in the exploration, mining, processing, and sale of gold bullion in the People’s Republic of China. More details

2489 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends2/6

2489 Community Fair Values

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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$1.18
52 Week HighHK$2.17
52 Week LowHK$0.89
Beta1.55
1 Month Change7.27%
3 Month Change-2.48%
1 Year Change-4.06%
3 Year Changen/a
5 Year Changen/a
Change since IPO110.71%

Recent News & Updates

Analysis Article Jan 13

Getting In Cheap On Persistence Resources Group Ltd (HKG:2489) Is Unlikely

Persistence Resources Group Ltd's ( HKG:2489 ) price-to-earnings (or "P/E") ratio of 25.8x might make it look like a...

Recent updates

Analysis Article Jan 13

Getting In Cheap On Persistence Resources Group Ltd (HKG:2489) Is Unlikely

Persistence Resources Group Ltd's ( HKG:2489 ) price-to-earnings (or "P/E") ratio of 25.8x might make it look like a...
Analysis Article Sep 01

Persistence Resources Group (HKG:2489) Is Due To Pay A Dividend Of CN¥0.03

Persistence Resources Group Ltd's ( HKG:2489 ) investors are due to receive a payment of CN¥0.03 per share on 2nd of...
Analysis Article Jul 16

Persistence Resources Group's (HKG:2489) Returns On Capital Not Reflecting Well On The Business

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Analysis Article May 26

Earnings Not Telling The Story For Persistence Resources Group Ltd (HKG:2489) After Shares Rise 41%

Despite an already strong run, Persistence Resources Group Ltd ( HKG:2489 ) shares have been powering on, with a gain...
Analysis Article May 21

A Look At The Fair Value Of Persistence Resources Group Ltd (HKG:2489)

Key Insights The projected fair value for Persistence Resources Group is HK$1.60 based on 2 Stage Free Cash Flow to...
Analysis Article Apr 24

The Strong Earnings Posted By Persistence Resources Group (HKG:2489) Are A Good Indication Of The Strength Of The Business

Investors were underwhelmed by the solid earnings posted by Persistence Resources Group Ltd ( HKG:2489 ) recently. Our...
Analysis Article Apr 11

Subdued Growth No Barrier To Persistence Resources Group Ltd (HKG:2489) With Shares Advancing 46%

Persistence Resources Group Ltd ( HKG:2489 ) shareholders have had their patience rewarded with a 46% share price jump...
Analysis Article Feb 19

Earnings Not Telling The Story For Persistence Resources Group Ltd (HKG:2489)

Persistence Resources Group Ltd's ( HKG:2489 ) price-to-earnings (or "P/E") ratio of 17.9x might make it look like a...
Analysis Article Nov 26

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

2489HK Metals and MiningHK Market
7D7.3%7.6%1.1%
1Y-4.1%115.5%19.7%

Return vs Industry: 2489 underperformed the Hong Kong Metals and Mining industry which returned 107.5% over the past year.

Return vs Market: 2489 underperformed the Hong Kong Market which returned 20.3% over the past year.

Price Volatility

Is 2489's price volatile compared to industry and market?
2489 volatility
2489 Average Weekly Movement7.1%
Metals and Mining Industry Average Movement8.5%
Market Average Movement7.1%
10% most volatile stocks in HK Market15.1%
10% least volatile stocks in HK Market3.5%

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 (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005929Richard Shaowww.persistenceresource.com

Persistence Resources Group Ltd, an investment holding company, engages in the exploration, mining, processing, and sale of gold bullion in the People’s Republic of China. It holds 75% interest in 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$2.83b
Earnings (TTM)HK$127.35m
Revenue (TTM)HK$723.72m
22.2x
P/E Ratio
3.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2489 income statement (TTM)
RevenueCN¥628.80m
Cost of RevenueCN¥297.42m
Gross ProfitCN¥331.38m
Other ExpensesCN¥220.73m
EarningsCN¥110.65m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Jun 01, 2026

Earnings per share (EPS)0.046
Gross Margin52.70%
Net Profit Margin17.60%
Debt/Equity Ratio15.3%

How did 2489 perform over the long term?

See historical performance and comparison

Dividends

2.5%
Current Dividend Yield
51%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 05:59
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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 Github.

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.