Shandong Gold Mining Co., Ltd.

SHSE-600547

Basic

Market Cap
CN¥113.75B
EV
CN¥175.04B
Shares Out
4,473.43M
Revenue
CN¥65.13B
Employees
17,602

Margins

Gross
16.38%
EBITDA
15.94%
Operating
9.66%
Pre-Tax
6.56%
Net
3.97%
FCF
-7.17%

Returns (5Yr Avg)

ROA
1.72%
ROTA
7.78%
ROE
3.99%
ROCE
6.57%
ROIC
4.82%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
CN¥30.17
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
CN¥16.17B
Net Debt
CN¥40.86B
Debt/Equity
1.05
EBIT/Interest
3.85

Growth (CAGR)

Rev 3Yr
4.54%
Rev 5Yr
4.23%
Rev 10Yr
4.17%
Dil EPS 3Yr
26.9%
Dil EPS 5Yr
13.78%
Dil EPS 10Yr
7.89%
Rev Fwd 2Yr
16.54%
EBITDA Fwd 2Yr
35.83%
EPS Fwd 2Yr
66.15%
EPS LT Growth Est
38.82%

Dividends

Yield
—
Payout
27.82%
DPS
CN¥0.14
DPS Growth 3Yr
40.95%
DPS Growth 5Yr
22.38%
DPS Growth 10Yr
10.63%
DPS Growth Fwd 2Yr
17.99%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Operating Revenues						62,463.6	63,488.3	33,643.1	50,072.4	58,878	64,737.2
Other Revenues, Total						167.1	176.7	291.9	233.3	397.3	397.3
Total Revenues						62,630.7	63,664.9	33,935	50,305.8	59,275.3	65,134.4
Total Revenues % Chg.						11.3%	1.7%	-46.7%	48.2%	17.8%	30.5%
Cost of Goods Sold, Total						56,685.8	55,751.7	30,452.8	43,254.7	49,471.8	54,468.6
Gross Profit						5,944.9	7,913.3	3,482.1	7,051.1	9,803.5	10,665.8
Selling General & Admin Expenses, Total						2,134.2	2,588.7	3,189.5	2,449.4	2,622	2,642.2
Provision for Bad Debts						6.5	0.4	0.6	-5.3	3.9	12.1
R&D Expenses	—	—	—			333.1	390.5	345.6	399.6	487.2	514.4
Other Operating Expenses						551.3	625.4	622.9	820.1	1,134.5	1,205.2
Other Operating Expenses, Total						3,025.1	3,605	4,158.6	3,663.8	4,247.6	4,373.8
Operating Income						2,919.8	4,308.3	-676.5	3,387.3	5,555.8	6,292
Interest Expense, Total						-843.7	-816.3	-731.8	-1,051	-1,568.3	-1,633.2
Interest And Investment Income						53.9	65	796.3	163.4	145.1	98
Net Interest Expenses						-789.8	-751.3	64.5	-887.6	-1,423.2	-1,535.2
Currency Exchange Gains (Loss)	—	—				-50.3	-90.7	-32.1	-52.1	-103.5	-103.5
Other Non Operating Income (Expenses)						-17.8	-59.6	-59	-161.1	-93.4	-88.3
EBT, Excl. Unusual Items						2,062	3,406.7	-703	2,286.4	3,935.8	4,565
Impairment of Goodwill	—	—	—		—	-98	—	—	—	—	—
Gain (Loss) On Sale Of Investments						164.7	392.5	576.4	-209.1	-336.1	-270.3
Gain (Loss) On Sale Of Assets						-28.8	-134	124.9	-18.2	-12	-13.1
Asset Writedown	—	—				-25.2	-617.1	-5.4	-0.6	-4.3	7.2
Other Unusual Items						42.7	-12.7	29.7	-52.2	-20.3	-17.6
EBT, Incl. Unusual Items						2,117.4	3,035.6	22.5	2,006.4	3,563.1	4,271.2
Income Tax Expense						696.1	739	217.9	580.6	672.5	829.1
Earnings From Continuing Operations						1,421.4	2,296.6	-195.4	1,425.8	2,890.6	3,442.2
Minority Interest						-131.9	-271.9	1.7	-178.1	-562.9	-853.4
Net Income						1,289.5	2,024.7	-193.7	1,247.7	2,327.8	2,588.8
Preferred Dividend and Other Adjustments	—	—	—	—	—	—	—	205	353.1	463.5	563.1
Net Income to Common Incl Extra Items						1,289.5	2,024.7	-398.7	894.6	1,864.3	2,025.7
Net Income to Common Excl. Extra Items						1,289.5	2,024.7	-398.7	894.6	1,864.3	2,025.7
Total Shares Outstanding						4,339.5	4,313.9	4,473.4	4,473.4	4,473.4	4,473.4
Weighted Avg. Shares Outstanding						4,298.2	4,307.9	4,430.4	4,472.8	4,438.7	4,025.8
Weighted Avg. Shares Outstanding Dil						4,298.2	4,307.9	4,430.4	4,472.8	4,438.7	4,025.8
EPS						0.3	0.5	-0.1	0.2	0.4	0.5
EPS Diluted						0.3	0.5	-0.1	0.2	0.4	0.5
EBITDA						5,564.2	6,894.6	1,779.1	6,533.6	9,459.5	10,385
Effective Tax Rate						32.9%	24.3%	970%	28.9%	18.9%	19.4%