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Zijin Mining Group Company LimitedSEHK:2899 Stock Report

Market Cap HK$867.2b
Share Price
HK$32.92
My Fair Value
HK$37.11
11.3% undervalued intrinsic discount
1Y97.4%
7D1.4%
Portfolio Value
​
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Zijin Mining Group Company Limited

SEHK:2899 Stock Report

Market Cap: HK$867.2b

Zijin Mining Group (2899) Stock Overview

Engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally. More details

2899 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance6/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 34.8% below our estimate of its fair value

Earnings are forecast to grow 12.88% per year

Earnings grew by 55.4% over the past year

Risk Analysis

Has a high level of debt


2899 Community Fair Values

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See what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.

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Zijin Mining Group

Expansion Into Lithium and Molybdenum Will Support Future Revenue and Profitability

Key Takeaways Strategic focus on cost control, AI, and M&A activities aims to improve efficiency, expand resource base, and boost long-term revenue and profitability. Emphasis on sustainability initiatives and clean energy positions Zijin for favorable market perception and potential regulatory benefits.
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HK$37.11
FV
11.3% undervalued intrinsic discount
10.65%
Revenue growth p.a.
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Zijin Mining Group Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zijin Mining Group
Historical stock prices
Current Share PriceCN¥32.92
52 Week HighCN¥36.92
52 Week LowCN¥13.86
Beta1.39
1 Month Change8.36%
3 Month Change46.96%
1 Year Change97.36%
3 Year Change338.93%
5 Year Change444.13%
Change since IPO8,563.64%

Recent News & Updates

Is There An Opportunity With Zijin Mining Group Company Limited's (HKG:2899) 40% Undervaluation?

Sep 21
Is There An Opportunity With Zijin Mining Group Company Limited's (HKG:2899) 40% Undervaluation?

Earnings Not Telling The Story For Zijin Mining Group Company Limited (HKG:2899) After Shares Rise 27%

Sep 05
Earnings Not Telling The Story For Zijin Mining Group Company Limited (HKG:2899) After Shares Rise 27%

Recent updates

Is There An Opportunity With Zijin Mining Group Company Limited's (HKG:2899) 40% Undervaluation?

Sep 21
Is There An Opportunity With Zijin Mining Group Company Limited's (HKG:2899) 40% Undervaluation?

Earnings Not Telling The Story For Zijin Mining Group Company Limited (HKG:2899) After Shares Rise 27%

Sep 05
Earnings Not Telling The Story For Zijin Mining Group Company Limited (HKG:2899) After Shares Rise 27%

Zijin Mining Group Company Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Aug 29
Zijin Mining Group Company Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Returns On Capital Are Showing Encouraging Signs At Zijin Mining Group (HKG:2899)

May 02
Returns On Capital Are Showing Encouraging Signs At Zijin Mining Group (HKG:2899)

Revenue Miss: Zijin Mining Group Company Limited Fell 12% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Apr 16
Revenue Miss: Zijin Mining Group Company Limited Fell 12% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
User avatar

Julong Copper Phase 2 And Lithium Extraction Will Expand Operations

Strategic focus on cost control, AI, and M&A activities aims to improve efficiency, expand resource base, and boost long-term revenue and profitability.

We Think Zijin Mining Group (HKG:2899) Can Stay On Top Of Its Debt

Mar 06
We Think Zijin Mining Group (HKG:2899) Can Stay On Top Of Its Debt

Does Zijin Mining Group (HKG:2899) Deserve A Spot On Your Watchlist?

Feb 19
Does Zijin Mining Group (HKG:2899) Deserve A Spot On Your Watchlist?

There's Been No Shortage Of Growth Recently For Zijin Mining Group's (HKG:2899) Returns On Capital

Jan 20
There's Been No Shortage Of Growth Recently For Zijin Mining Group's (HKG:2899) Returns On Capital

Getting In Cheap On Zijin Mining Group Company Limited (HKG:2899) Might Be Difficult

Jan 05
Getting In Cheap On Zijin Mining Group Company Limited (HKG:2899) Might Be Difficult

Here's Why Zijin Mining Group (HKG:2899) Can Manage Its Debt Responsibly

Dec 05
Here's Why Zijin Mining Group (HKG:2899) Can Manage Its Debt Responsibly

Shareholder Returns

2899HK Metals and MiningHK Market
7D1.4%-0.4%3.0%
1Y97.4%100.2%30.2%

Return vs Industry: 2899 underperformed the Hong Kong Metals and Mining industry which returned 100.2% over the past year.

Return vs Market: 2899 exceeded the Hong Kong Market which returned 30.2% over the past year.

Price Volatility

Is 2899's price volatile compared to industry and market?
2899 volatility
2899 Average Weekly Movement6.5%
Metals and Mining Industry Average Movement8.4%
Market Average Movement7.2%
10% most volatile stocks in HK Market15.3%
10% least volatile stocks in HK Market3.4%

Stable Share Price: 2899 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2899's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198655,690Laichang Zouwww.zjky.cn

Zijin Mining Group Company Limited, together with its subsidiaries, engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally. It operates through the Mining products, Refined products, Trading, and Others segments. The company offers mine-produced copper, gold, zinc concentrate, lead concentrate, and silver, as well as iron ore, tungsten concentrate and molybdenum concentrate; refined copper and zinc, refined and processed gold and silver, and sulfuric acid; platinum products; and mining and smelting equipment, and equipment for environmental protection.

Zijin Mining Group Company Limited Fundamentals Summary

How do Zijin Mining Group's earnings and revenue compare to its market cap?
2899 fundamental statistics
Market capHK$867.18b
Earnings (TTM)HK$49.75b
Revenue (TTM)HK$357.68b
18.0x
P/E Ratio
2.5x
P/S Ratio

Is 2899 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2899 income statement (TTM)
RevenueCN¥327.44b
Cost of RevenueCN¥247.55b
Gross ProfitCN¥79.89b
Other ExpensesCN¥34.34b
EarningsCN¥45.55b

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.72
Gross Margin24.40%
Net Profit Margin13.91%
Debt/Equity Ratio74.7%

How did 2899 perform over the long term?

See historical performance and comparison

Dividends

1.2%
Current Dividend Yield
29%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/27 15:56
End of Day Share Price 2025/10/27 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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

Zijin Mining Group Company Limited is covered by 42 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yanlin ZhaoBofA Global Research
Yanlin ZhaoBofA Global Research
Ke ZhangBohai Securities Co., Ltd.