Zhaojin Mining Industry Co Ltd (1818) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Zhaojin Mining Industry Co Ltd HK$21.13, price HK$19.09, upside +10.7%, quality 63 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
- Add to watchlist
Zhaojin Mining Industry Co Ltd
1818 · HKNeutralQuality growthThe stock looks roughly fairly valued with average quality.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range HK$5.15 – HK$40.55 · fair‑value band HK$11.10 – HK$35.98 · the HK$19.09 price screens below the HK$21.13 fair value. Dashed = 300-day average. As of Sep 24, 2026.
Every Wednesday you see whether Zhaojin Mining Industry Co is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Zhaojin Mining Industry Company Limited, an investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and other metallic products in the People's Republic of China and internationally. It operates in three segments: Gold Operations, Copper Operations, and Others.
Show more
Zhaojin Mining Industry Company Limited, an investment holding company, engages in exploration, mining, processing, smelting, and sale of gold and other metallic products in the People's Republic of China and internationally. It operates in three segments: Gold Operations, Copper Operations, and Others. The company offers Au9999 and Au 9995 gold bullions under the Zhaojin brand name. It also engages in copper mining and smelting; processing of sulphur ore; engineering design and development; land exploration; and material trading activities. In addition, the company provides technical advisory, financial, and catering services. Zhaojin Mining Industry Company Limited was incorporated in 2004 and is based in Zhaoyuan, the People's Republic of China.
Stock analysis
Zhaojin Mining Industry Co Ltd (1818) currently trades at HK$19.09, while our model-based Fair Value estimate is HK$21.13, implying the stock looks roughly 9.7% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of HK$21.45 per share, and 11 of the 26 models we run sit above the HK$19.09 price.
Bear case: the Dividend Discount group reads lowest at HK$3.24, and 15 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: HK$11.10 (bear) to HK$35.98 (bull), the price of HK$19.09 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 63/100 (solid quality), in the Basic Materials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Zhaojin Mining Industry Co Ltd reported revenue of HK$18.1B in FY2025 versus HK$6.9B in FY2021, a compound +27.4%/yr. Reported net income was HK$3.6B in FY2025, compounding +221.8%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap HK$67.0B (≈ $8.5B) · P/E ratio 15.7 · P/S ratio 3.14 · EPS (TTM) HK$1.11 · Dividend yield 0.6% · Net margin 20.0% · Return on equity 18.2% · Return on assets (EBIT) 5.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 53% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 34% fair-value upside, at 11%, 1818 screens richer than that median.
Fair Value models
All 26 models by family
Notify me when 1818 reaches fair value
Put 1818 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Of which business quality 59 · Market factors (momentum, volatility) 26
Revenue & earnings trend
Growth Forecast
Watch 1818, get fair value alerts →
Compare Zhaojin Mining Industry Co Ltd with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Gold · 238 stocks
Valuation Multiplesvs Gold median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Hong Kong Stocks
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Gold stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Zijin Mining Group 601899 | ¥31.41 | ¥46.96 | +50% |
| Newmont Corporation NEM | A$177.02 | A$265.78 | +50% |
| Agnico Eagle Mines Limited AEM | $203.55 | $223.91 | +10% |
| Barrick Mining Corporation B | $43.88 | $65.40 | +49% |
| Franco-Nevada Corporation FNV | $267.20 | $293.92 | +10% |
| Wheaton Precious Metals Corp WPM | $153.81 | $89.12 | −42% |
| AngloGold Ashanti plc AU | $104.60 | $88.63 | −15% |
| Kinross Gold Corporation KGC | $28.70 | $51.30 | +79% |
| Royal Gold, Inc RGLD | $258.29 | $284.12 | +10% |
| Lundin Gold Inc LUG | C$95.46 | C$127.96 | +34% |
Explore undervalued stocks
More undervalued Basic Materials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Zhaojin Mining Industry Co Ltd (1818) overvalued or undervalued?
What is the fair value of 1818?
What is the quality score of 1818?
What is the price target for Zhaojin Mining Industry Co Ltd (1818)?
What is the Zhaojin Mining Industry Co Ltd stock forecast for 2026?
What is the revenue of Zhaojin Mining Industry Co Ltd (1818)?
Does Zhaojin Mining Industry Co Ltd pay a dividend?
What growth is priced into Zhaojin Mining Industry Co Ltd (1818)?
What discount rate (WACC) does the fair value of 1818 use?
What is a reverse DCF?
How much growth has Zhaojin Mining Industry Co Ltd (1818) delivered so far?
How fast is the sector of Zhaojin Mining Industry Co Ltd (1818) growing?
What is the free cash flow yield of Zhaojin Mining Industry Co Ltd (1818)?
What is the intrinsic value of Zhaojin Mining Industry Co Ltd (1818)?
Is Zhaojin Mining Industry Co Ltd stock overvalued or undervalued in 2026?
Is fair value the same as the market price of 1818?
How much is Zhaojin Mining Industry Co Ltd worth?
What do the bullish and bearish scenarios say about 1818?
What is the P/E ratio of 1818?
What is the PEG ratio of 1818?
How solid is the balance sheet of Zhaojin Mining Industry Co Ltd (1818)?
How far is 1818 from its 52-week high?
Which stocks are comparable to Zhaojin Mining Industry Co Ltd?
Is Zhaojin Mining Industry Co Ltd stock attractive at the current price?
How is the fair value of 1818 calculated?
Is it still worth investing in stocks now?
What is the share price of Zhaojin Mining Industry Co Ltd (1818)?
What should I pay attention to with Zhaojin Mining Industry Co Ltd right now?
Where does the earnings growth of Zhaojin Mining Industry Co Ltd (1818) come from?
Key figures of Zhaojin Mining Industry Co Ltd
How large is the market capitalisation of Zhaojin Mining Industry Co Ltd (1818)?
What is the P/S ratio of Zhaojin Mining Industry Co Ltd (1818)?
What are the earnings per share of Zhaojin Mining Industry Co Ltd (1818)?
What is the dividend yield of Zhaojin Mining Industry Co Ltd (1818)?
What is the net margin of Zhaojin Mining Industry Co Ltd (1818)?
What is the return on equity of Zhaojin Mining Industry Co Ltd (1818)?
What is the EBIT return on assets of Zhaojin Mining Industry Co Ltd (1818)?
What is the operating margin of Zhaojin Mining Industry Co Ltd (1818)?
How fast is revenue growing at Zhaojin Mining Industry Co Ltd (1818)?
How fast are earnings growing at Zhaojin Mining Industry Co Ltd (1818)?
How much net debt does Zhaojin Mining Industry Co Ltd (1818) carry?
Watch Zhaojin Mining Industry Co Ltd in the live analysis
One click puts Zhaojin Mining Industry Co Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.