Chifeng Jilong Gold Mining Co Ltd (600988) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Chifeng Jilong Gold Mining Co Ltd stock ¥16.18, price ¥37.58, that is 56.9% below the price, quality 63 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Chifeng Jilong Gold Mining Co Ltd
600988 · SHGOur calculation puts a fair price 57% below what the stock costs today.
Risks from the AI analysis
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 1, 2026.
How to read this chart
60‑month range ¥11.76 – ¥49.43 · fair‑value band ¥10.08 – ¥21.04 · the ¥37.58 price screens above the ¥16.18 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 1, 2026.
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Company profile
Chifeng Jilong Gold Mining Group Limited, together with its subsidiaries, engages in the exploration, mining, beneficiation, and sale of gold in China, Southeast Asia, and West Africa. The company explores for gold, zinc, lead, copper, molybdenum, and silver deposits.
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It is also involved in polymetallic mining; copper smelting; industrial hazardous waste disposal; waste electrical and electronic product dismantling; resource utilization; and power battery recycling.
The company was formerly known as Chifeng Jilong Gold Mining Co., Ltd. and changed its name to Chifeng Jilong Gold Mining Group Limited in May 2026. Chifeng Jilong Gold Mining Group Limited was founded in 1998 and is based in Beijing, China.
Stock analysis
Chifeng Jilong Gold Mining Co Ltd (600988) currently trades at ¥37.58, while our model-based Fair Value estimate is ¥16.18, 57% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ¥59.63 per share, and 15 of the 26 models we run sit above the ¥37.58 price.
Bear case: the Asset-Based group reads lowest at ¥2.86, and 11 of the 26 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ¥10.08 (bear) to ¥21.04 (bull), the price of ¥37.58 sits above 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.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Chifeng Jilong Gold Mining Co Ltd reported revenue of 12.6B CNY in FY2025 versus 3.8B CNY in FY2021, a compound +35.2%/yr. Reported net income was 3.1B CNY in FY2025, compounding +51.7%/yr from FY2021.
Key figures
Market cap 76.2B CNY (≈ $11.5B) Large · P/E ratio 21.2 · P/S ratio 5.30 · EPS (TTM) ¥1.89 · Dividend yield 0.9% · Net margin 25.8% · Return on equity 26.4% · Return on assets (EBIT) 10.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 85 out of 100 (low confidence).
What moves the price
The share trades about 24% below its 52-week high and 46% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −11% fair-value upside, at −57%, 600988 screens richer than that median.
Fair Value models
All 26 models by family
The fair value above starts from this blend and is adjusted for a cyclical peak year.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Growth Forecast
600988 screens overvalued: fair value 57% below the price. Compare with Newmont Corporation →
Compare Chifeng Jilong Gold Mining 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 · 204 stocks
Valuation Multiplesvs Gold median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Quality Score by industry
- Return on equity by industry
- PEG screener for stocks with fair value
- Undervalued stocks: Chinese 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 | Compare |
|---|---|---|---|---|
| Agnico Eagle Mines Limited AEM | $183.45 | $220.07 | +20% | vs 600988 |
| Newmont Corporation NEM | $118.11 | $129.92 | +10% | vs 600988 |
| AngloGold Ashanti plc AU | $87.91 | $88.60 | +1% | vs 600988 |
| Royal Gold, Inc RGLD | $246.08 | $230.09 | −7% | vs 600988 |
| Shandong Gold Mining Co 600547 | ¥26.59 | ¥23.61 | −11% | vs 600988 |
| Franco-Nevada Corporation FNV | $242.14 | $212.28 | −12% | vs 600988 |
| Kinross Gold Corporation KGC | $21.42 | $18.00 | −16% | vs 600988 |
| Wheaton Precious Metals Corp WPM | $131.50 | $88.26 | −33% | vs 600988 |
| Northern Star Resources Limited NST | A$25.94 | A$16.87 | −35% | vs 600988 |
| Zijin Mining Group 601899 | ¥29.48 | ¥15.62 | −47% | vs 600988 |
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Frequently asked questions
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Key figures of Chifeng Jilong Gold Mining Co Ltd
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