Da Ming International Holdings Ltd
Da Ming International Holdings Ltd is classified under Basic Materials / Iron & Steel and appears not currently profitable on the latest normalized snapshot.
Business. Da Ming International Holdings Ltd (1090.HK) is a mining company operating within the Iron & Steel industry of the Basic Materials sector. The firm is listed on the Hong Kong Stock Exchange. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not provided in the available data. Consequently, the company is described at the industry level as an entity engaged in mining activities.
At a glance
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Da Ming International Holdings Ltd (1090.HK) is a mining company operating within the Iron & Steel industry of the Basic Materials sector. The firm is listed on the Hong Kong Stock Exchange. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not provided in the available data. Consequently, the company is described at the industry level as an entity engaged in mining activities.
Da Ming International Holdings Ltd (1090.HK) is currently classified as Mining within Iron & Steel (Basic Materials). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 12,429,275,000 CNY, total equity 2,492,817,000, short-term debt 0, long-term debt 6,808,805,000. Net cash position is approximately -6,699,624,000 CNY. Self-calculated market cap is 904,914,880 CNY (market_price × shares_outstanding_diluted). Profitability profile: revenue 44,193,176,000, gross profit 1,060,606,000, operating income 255,750,000, net income -35,559,000. Return on equity ~-1.4%. Return on assets ~-0.3%. Operating-cash-flow to net-income ratio is -14.81. Risk profile from automated assessment: liquidity risk medium, dilution risk low. Flags: Net cash is negative after subtracting total debt..
- Return on equity is about -1.4%.
- Debt to equity is about 2.73x.
- Analyst estimate: Last actual EPS = 0.41 CNY
- Analyst estimate: Last actual revenue = 23,985,706,000 CNY
Bull / Bear case
Generated · model-assistedOperating income surged 2,368.9% year-over-year to CNY 255.75 million, signaling a dramatic turnaround in core operational profitability.
Net income improved significantly by 377.6% year-over-year, narrowing the loss to just CNY 35.56 million in the latest period.
Free cash flow turned positive with a 128.1% increase, reaching CNY 222.49 million, demonstrating improved cash generation capabilities.
Gross profit expanded to CNY 1.06 billion, indicating better cost management or pricing power despite overall revenue declines.
Long-term debt decreased slightly to CNY 6.81 billion, suggesting a modest reduction in leverage obligations compared to prior periods.
The company carries a high credit risk flag, indicating significant concerns regarding its ability to meet financial obligations.
Debt-to-equity ratio stands at 2.73, placing it in the bottom quartile of the Iron & Steel cohort, signaling excessive leverage.
Return on equity is negative at -1.43%, ranking in the bottom quartile of peers, showing poor capital efficiency.
Operating margin of 0.58% remains well below the cohort median of 3.43%, highlighting thin profitability relative to competitors.
In focus — financials by report
Revenue ¥44.19B, −4,9% YoY; Operating income +230,0% YoY.
- ▍Revenue ¥44.19B, −4,9% YoY
- ▍Operating income +230,0% YoY
- ▍Net income +91,4% YoY
- ▍Free cash flow +158,9% YoY
- ▍Net margin -0.1%
Revenue ¥50.56B, +0,9% YoY; Operating income −24,1% YoY.
- ▍Revenue ¥50.56B, +0,9% YoY
- ▍Operating income −24,1% YoY
- ▍Net income −22,9% YoY
- ▍Free cash flow +9,2% YoY
- ▍Net margin -0.4%
Valuation FY
Revenue by segment
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Peer comparison
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Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
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- Reference data
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Cash Conversion Ratiooperating_cash_flow / net_income
- Market Capmarket_price * shares_outstanding_diluted
- Ev To Operating Cash Flowenterprise_value / operating_cash_flow
- Price To Tangible Bookmarket_price / (tangible_book_value / shares_outstanding_diluted)
- Ev To Operating Incomeenterprise_value / operating_income
- Da Ming International Holdings Ltd Market data — financials · 2026-07-08
- Da Ming International Holdings Ltd Market data — analyst estimates · 2026-07-08
Ownership & reference
Leadership
- Keming ZhouExecutive Chairman of the Board