Earnings Alerts

Earnings Update: Zijin Mining Group Co Ltd H (2899) FY Net Income Misses Estimates

  • Zijin Mining’s net income for the fiscal year was 21.12 billion yuan.
  • The estimated net income was higher, at 22.08 billion yuan, indicating a miss on estimates.
  • The company’s revenue was 293.40 billion yuan.
  • Revenue also fell short of estimates, which were set at 301.53 billion yuan.
  • Earnings per share (EPS) stood at 80 RMB cents.
  • There were 15 buys, 1 hold, and 0 sells for the company’s stock.

A look at Zijin Mining Group Co Ltd H Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Zijin Mining Group Co Ltd H, a leading mining company in China, has received high scores in Growth and Momentum from Smartkarma Smart Scores. This indicates a positive long-term outlook for the company, as higher scores in these categories suggest strong potential for future development and growth. Zijin Mining Group Co Ltd H has a track record of successful exploration and production, making it a promising investment for those looking for long-term returns.

While Zijin Mining Group Co Ltd H has received lower scores in Value and Resilience, these factors should not be overlooked. A score of 2 for Value suggests that the company may be undervalued, providing an opportunity for investors to buy in at a lower price. Additionally, a score of 2 for Resilience means that Zijin Mining Group Co Ltd H may be less affected by market fluctuations, making it a stable investment option.

Investors seeking regular income may also be interested in Zijin Mining Group Co Ltd H, as it has received a high score of 4 for Dividend. This indicates that the company has a history of paying out dividends to its shareholders, making it a potential source of steady income. Overall, the Smartkarma Smart Scores indicate a positive outlook for Zijin Mining Group Co Ltd H, making it a promising investment opportunity for those looking for long-term growth and stability.


Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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