Zijin Mining Group Third Quarter 2024 Earnings: Misses Expectations

Simply Wall St.10-21

Zijin Mining Group (HKG:2899) Third Quarter 2024 ResultsKey Financial Results Revenue: CN¥80.0b (up 7.1% from 3Q 2023). Net income: CN¥9.27b (up 58% from 3Q 2023). Profit margin: 12% (up from 7.9% in ...

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Net income: CN¥9.27b (up 58% from 3Q 2023). Profit margin: 12% (up from 7.9% in ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/materials/hkg-2899/zijin-mining-group-shares/news/zijin-mining-group-third-quarter-2024-earnings-misses-expect\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1198","symbol_name":"黄金","start_time":0,"source_url":"https://simplywall.st/stocks/hk/materials/hkg-2899/zijin-mining-group-shares/news/zijin-mining-group-third-quarter-2024-earnings-misses-expect","article_id":"2477044702","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/2053000-choice1-main-header/1585186555515"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477044702","pubTimestamp":1729469355,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Zijin Mining Group ( HKG:2899 ) Third Quarter 2024 Results Key Financial Results Revenue: CN¥80.0b (up 7.1% from 3Q...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1198":"黄金","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","BK4099":"汽车制造商","BK7104":"黄金","LU0048580855.USD":"富达大中华区A","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU0140636845.USD":"施罗德大中华区股票A Acc","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","BK1594":"碳中和概念股","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","TTM":"塔塔汽车","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","LU1251922891.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) ACC","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","BK1505":"一带一路","LU1720050803.USD":"安联全方位中国股票基金","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU0345780281.USD":"NINETY ONE GSF GLOBAL GOLD \"A\"  ACC","LU1303224171.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) INC","LU1831875114.USD":"SCHRODER ISF ALL CHINA EQUITY \"A\" (USD) ACC","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","LU1719994722.HKD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (HKD) ACC","TTM.AU":"TITAN MINERALS LTD","BK1544":"黄金股","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","BK4523":"印度概念","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","BK1592":"有色金属","LU0181495838.USD":"施罗德新兴亚洲A Acc","02899":"紫金矿业","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU0345780521.USD":"NINETY ONE GSF GLOBAL GOLD \"A\" (USD) INC","LU1770034418.SGD":"ALL CHINA EQUITY \"A\" (SGDHDG) ACC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC"},"translate_title":"紫金矿业集团2024年第三季度盈利：未达预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TTM.AU":1,"02899":1,"TTM":1},"content_text":"Zijin Mining Group (HKG:2899) Third Quarter 2024 ResultsKey Financial Results Revenue: CN¥80.0b (up 7.1% from 3Q 2023). Net income: CN¥9.27b (up 58% from 3Q 2023). Profit margin: 12% (up from 7.9% in 3Q 2023). The increase in margin was driven by higher revenue. EPS: CN¥0.35 (up from CN¥0.22 in 3Q 2023).  SEHK:2899 Earnings and Revenue Growth October 21st 2024 All figures shown in the chart above are for the trailing 12 month (TTM) period Zijin Mining Group Revenues and Earnings Miss Expectations  Revenue missed analyst estimates by 9.2%.  Earnings per share (EPS) also missed analyst estimates by 9.7%.      Looking ahead, revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Metals and Mining industry in Hong Kong.    Performance of the Hong Kong Metals and Mining industry.  The company's shares are up 1.5% from a week ago.   Risk Analysis Be aware that  Zijin Mining Group is showing  1 warning sign in our investment analysis that you should know about... Valuation is complex, but we're here to simplify it.Discover if Zijin Mining Group might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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