Shanjin International Gold Co Ltd

Shanjin International Gold Co Ltd maintains a conservative capital structure with a debt-to-equity ratio of 0.1, indicating low leverage relative to its equity base of 14.9 billion CNY. The company holds a current ratio of 3.22, suggesting strong short-term liquidity coverage, although the risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt. Total liabilities stand at 5.7 billion CNY against total assets of 20.6 billion CNY. The firm generated operating cash flow of 4.68 billion CNY, which significantly exceeds its free cash flow of 1.65 billion CNY, reflecting substantial capital expenditures of 1.29 billion CNY during the period.

Profitability metrics demonstrate strong operational efficiency, with a return on equity of 15.85% and a return on assets of 11.46%. The company reported net income of 2.97 billion CNY on revenue of 17.1 billion CNY, resulting in a gross profit of 5.08 billion CNY and operating income of 4.3 billion CNY. These returns suggest effective asset utilization and margin management within the mining sector, though specific cohort median comparisons are not provided in the input data to benchmark these figures against industry peers.

Revenue concentration and geographic exposure details are not explicitly segmented in the available data, preventing a detailed analysis of segment-specific performance or regional risk distribution. The company’s activity is broadly classified under Metals & Mining, implying exposure to commodity price cycles, particularly gold, given the company name, but specific product mix data is absent from the provided snapshot.

Growth trajectory analysis is limited by the absence of historical period data in the input. Without multi-year revenue or net income trends, it is not possible to assess the compound annual growth rate or recent momentum shifts. The current financial snapshot provides a static view of performance, highlighting a robust bottom line but lacking the temporal context required for trend-based valuation reasoning.

Risk factors include medium liquidity risk and low dilution risk. A key flag indicates that net cash is negative after subtracting total debt, which may constrain financial flexibility despite the strong current ratio. The low dilution risk suggests that share count stability is likely, with basic and diluted shares outstanding both recorded at 2.77 billion, indicating no significant options or convertible securities impacting the equity base.

Recent events are reflected in analyst sentiment, with a mean price target of 41.30 CNY, representing significant upside from the current market price of 20.21 CNY. The mean recommendation is 1.67, driven by one strong buy and two buy ratings, with no hold ratings, indicating strong consensus among covering analysts. This positive outlook contrasts with the conservative valuation multiples, such as a P/E of 23.7 and EV/EBITDA of 16.65, suggesting potential market undervaluation or anticipated growth not yet priced in.

Revenue surged 25.9% year-over-year to CNY 17.1 billion in FY2026, demonstrating robust top-line growth momentum.

Net income expanded 36.7% to CNY 2.97 billion, outpacing revenue growth and indicating strong operating leverage.

Analysts project 69.7% upside to a consensus price target of CNY 41.3, reflecting strong market confidence.

Free cash flow growth slowed to just 4.8% year-over-year, lagging significantly behind revenue and earnings expansion.

Long-term debt increased to CNY 1.56 billion in FY2026, rising from CNY 575 million in FY2024.

The company faces medium liquidity risk, which could constrain financial flexibility during periods of market stress.

Revenue declined from CNY 9.04 billion in FY2022 to CNY 8.11 billion in FY2024 before recent recovery.

Revenue ¥17.10B, +25,9% YoY; Operating income +35,4% YoY.

• ▍Revenue ¥17.10B, +25,9% YoY
• ▍Operating income +35,4% YoY
• ▍Net income +36,8% YoY
• ▍Free cash flow +4,8% YoY
• ▍Net margin 17.4%

Revenue ¥13.59B, +67,6% YoY; Operating income +51,8% YoY.

• ▍Revenue ¥13.59B, +67,6% YoY
• ▍Operating income +51,8% YoY
• ▍Net income +52,6% YoY
• ▍Free cash flow +43,0% YoY
• ▍Net margin 16.0%

Revenue ¥8.11B, −3,3% YoY; Operating income +29,6% YoY.

• ▍Revenue ¥8.11B, −3,3% YoY
• ▍Operating income +29,6% YoY
• ▍Net income +26,8% YoY
• ▍Free cash flow +1,9% YoY
• ▍Net margin 17.6%

Revenue ¥8.38B, −7,3% YoY; Operating income −12,6% YoY.

• ▍Revenue ¥8.38B, −7,3% YoY
• ▍Operating income −12,6% YoY
• ▍Net income −11,8% YoY
• ▍Free cash flow +58,5% YoY
• ▍Net margin 13.4%

Revenue ¥9.04B; Operating income ¥1.85B.

• ▍Revenue ¥9.04B
• ▍Operating income ¥1.85B
• ▍Net margin 14.1%