Zhaojin Mining Industry Company Limited (ZHAOF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Zhaojin Mining Industry Company Limited (ZHAOF) trades at $4.27 with AI Score 54/100 (Grade B). Zhaojin Mining Industry Company Limited is an investment holding company primarily engaged in the mining, processing, smelting, and sale of gold, silver, and copper products within the People's Republic of China. Market cap: $15.13B, Sector: Basic materials.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for ZHAOF: ZHAOF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ZHAOF against Basic Materials peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
ZHAOF: 2/6 perspectives are bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Zhaojin Mining Industry Company Limited (ZHAOF) Materials & Commodity Exposure
Zhaojin Mining Industry Company Limited operates as a diversified basic materials company in China, specializing in the mining, processing, and sale of gold, silver, and copper. With a market capitalization of $15.13B and a profit margin of 19.7%, the company also provides a range of supporting services, establishing its position in the domestic precious and base metals sector.
What Is the Investment Thesis for ZHAOF?
Zhaojin Mining Industry Company Limited presents a profile anchored by its substantial market capitalization of $15.13B and a solid profitability, evidenced by a profit margin of 19.7% and a gross margin of 39.9%. The company's P/E ratio stands at 17.33, indicating a valuation that reflects its established operations in gold, silver, and copper mining within China. A Beta of 0.94 suggests its stock exhibits slightly lower volatility compared to the broader market, potentially appealing to investors seeking relative stability in the basic materials sector. Key value drivers include its integrated operational model, encompassing mining, processing, smelting, and a diverse array of ancillary services, which could enhance operational efficiencies and revenue diversification. Growth catalysts are anticipated from sustained demand for precious and base metals, potential expansion of its mining reserves, and optimization of its 'Zhaojin' brand gold products. The company's engagement in waste treatment and engineering services also positions it to capitalize on environmental regulations and infrastructure development. Risks include exposure to commodity price volatility, regulatory changes in China's mining sector, and the inherent operational challenges of large-scale mining. The current dividend yield of 0.53% offers a modest income component.
Based on FMP financials and quantitative analysis
ZHAOF Key Highlights
- Market capitalization stands at $11.51 billion, reflecting its significant presence in the basic materials sector.
- Achieved a profit margin of 19.7%, demonstrating strong profitability from its diversified operations.
- Maintained a gross margin of 39.9%, indicating robust cost management relative to its revenue.
- Trades with a P/E ratio of 17.33, providing a valuation metric for comparison within its industry.
- Employs 7,036 individuals, highlighting the scale of its mining, processing, and ancillary service operations.
Who Are ZHAOF's Competitors?
ZHAOF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CAHPF Evolution Mining Limited | $8.65 | +3.22% | $17.57B | 57 |
| TYNPF Nippon Sanso Holdings Corporation | $40.43 | +1.27% | $17.50B | — |
| UPMMY UPM-Kymmene Oyj | $26.30 | +0.02% | $13.87B | 42 |
| JIAXF Jiangxi Copper Company Limited | $3.67 | -6.14% | $12.68B | 41 |
| WPM Wheaton Precious Metals Corp. | $115.28 | -0.38% | $52.35B | 69 |
| ORLA Orla Mining Ltd. | $10.17 | -0.10% | $3.82B | 69 |
| OR OR Royalties Inc. | $30.82 | -1.97% | $5.78B | 68 |
| FNV Franco-Nevada Corporation | $214.72 | -1.31% | $41.41B | 66 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ZHAOF's Key Strengths?
- Integrated operations covering mining, processing, and smelting of gold, silver, and copper.
- Diversified revenue streams from ancillary services like freight, engineering, and financial services.
- Established 'Zhaojin' brand for gold products in the Chinese market.
- Significant operational scale with 7,036 employees and substantial market capitalization.
What Are ZHAOF's Weaknesses?
- Reliance on commodity prices (gold, silver, copper) which are subject to global market volatility.
- Geographic concentration of operations primarily within the People's Republic of China.
- Potential for high capital expenditure requirements for mining exploration and development.
- Unknown disclosure status on OTC markets may impact investor confidence and access to information.
What Could Drive ZHAOF Stock Higher?
- Sustained increase in global gold and copper prices, driven by inflation concerns or industrial demand, could directly boost revenue and profitability.
- Successful expansion of mining reserves through new exploration or strategic acquisitions, leading to increased production capacity.
- Continued operational efficiency improvements in mining and processing, reducing costs and enhancing margins.
- Growth in demand for environmental services, leveraging the company's waste treatment capabilities, could open new revenue streams.
- Favorable regulatory developments in China regarding mining operations or environmental standards, potentially reducing compliance burdens or opening new opportunities.
What Are the Key Risks for ZHAOF?
- Volatility in commodity prices for gold, silver, and copper, which directly impacts the company's revenue and profitability.
- Adverse changes in mining regulations, environmental policies, or taxation within the People's Republic of China.
- Operational risks inherent in mining, including geological uncertainties, equipment failures, and labor disputes.
- Increased competition from other domestic and international mining companies, potentially leading to pricing pressures or difficulties in acquiring new reserves.
- The 'Unknown' disclosure status on the OTC market poses a risk of limited transparency, potentially affecting investor confidence and stock liquidity.
What Are the Growth Opportunities for ZHAOF?
- Growth opportunity 1: Expansion of Gold Mining and Exploration Activities. As a primary gold producer, Zhaojin Mining has the opportunity to increase its reserves and production through new exploration initiatives and strategic acquisitions of gold assets within China or internationally. The global gold market, valued at over $200 billion annually, continues to be influenced by investment demand and jewelry consumption. By securing new high-grade deposits, the company can enhance its long-term production profile and capitalize on favorable gold price trends, potentially increasing its market share and revenue streams over the next 5-10 years. This expansion would leverage its existing operational expertise and infrastructure.
- Growth opportunity 2: Diversification and Increased Output in Copper and Other Precious Metals. Beyond gold, Zhaojin Mining's involvement in copper and other precious metals like silver offers significant growth potential. The global copper market is projected to grow due to electrification and renewable energy trends, with market sizes in the hundreds of billions of dollars. Increasing output from existing copper operations or investing in new copper projects can tap into this rising industrial demand. Similarly, expanding the mining and smelting of other precious metals can diversify revenue streams and reduce reliance on a single commodity, providing a hedge against price fluctuations and enhancing overall portfolio resilience over a 3-7 year horizon.
- Growth opportunity 3: Enhancement and Expansion of Processing and Smelting Services. The company's capabilities in processing sulphur ore and comprehensive waste treatment (waste water, waste gas, waste residue) represent a growing market for environmental services and resource recovery. As environmental regulations tighten globally and in China, demand for efficient and compliant waste management solutions in the mining and industrial sectors will likely increase. By investing in advanced processing technologies and expanding these services to external clients, Zhaojin Mining can create new revenue streams and establish itself as a leader in sustainable mining practices, capitalizing on a market segment driven by regulatory compliance and corporate social responsibility over the next 5 years.
- Growth opportunity 4: Leveraging Ancillary Services for External Revenue Generation. Zhaojin Mining's diverse ancillary services, including freight transportation, engineering design, financial, advisory, catering, and construction businesses, primarily support its core operations. However, there is an opportunity to market these services more aggressively to external clients within the mining sector or related industries. For instance, its engineering design expertise could be offered to other mining companies, or its freight capabilities could serve broader industrial logistics needs. This strategy could transform cost centers into profit centers, leveraging existing assets and expertise to generate additional, diversified revenue streams without significant new capital expenditure, with potential impact within 2-5 years.
- Growth opportunity 5: Strengthening the 'Zhaojin' Brand and Market Penetration for Gold Products. The company produces gold products under its 'Zhaojin' brand, indicating a direct-to-consumer or B2B branding strategy. There is an opportunity to further strengthen this brand through targeted marketing, expanding distribution channels, and potentially developing new gold-based products (e.g., investment bars, specific jewelry lines). Enhancing brand recognition and trust can command premium pricing and increase market share in the competitive gold product market, especially within China where brand loyalty can be significant. This strategic brand development could yield increased sales volumes and improved margins over a 3-6 year timeframe.
What Opportunities Does ZHAOF Have?
- Increasing global demand for copper driven by electrification and renewable energy trends.
- Potential for expansion of mining reserves through new exploration or strategic acquisitions.
- Growth in demand for environmental services, leveraging its waste treatment capabilities.
- Further development and market penetration of its 'Zhaojin' brand gold products.
What Threats Does ZHAOF Face?
- Fluctuations in global commodity prices for gold, silver, and copper.
- Changes in environmental regulations or mining policies in China.
- Intense competition from other domestic and international mining companies.
- Operational risks inherent in mining, including geological challenges and safety incidents.
What Are ZHAOF's Competitive Advantages?
- Integrated operations spanning mining, processing, and smelting of multiple metals, providing cost efficiencies and quality control.
- Established 'Zhaojin' brand for gold products, fostering brand recognition and potentially customer loyalty in the Chinese market.
- Diversified revenue streams from ancillary services, which can provide stability against commodity price fluctuations.
- Significant scale of operations and employee base (7,036 employees) suggesting substantial operational capacity and expertise.
- Strategic focus on the People's Republic of China, potentially benefiting from domestic demand and regulatory understanding.
What Does ZHAOF Do?
Zhaojin Mining Industry Company Limited, incorporated in 2004 and headquartered in Zhaoyuan, People's Republic of China, functions as an investment holding company with a primary focus on the mining, processing, smelting, and sale of gold, silver, and copper products. The company's operational structure is segmented into Gold Operations, Copper Operations, and an 'Others' segment, reflecting its diversified approach within the basic materials sector. Under its Gold Operations, Zhaojin Mining produces and markets gold products under its proprietary 'Zhaojin' brand, establishing a recognizable presence in the domestic market. Beyond its core mining activities, the company has strategically expanded its capabilities to include the purchase of gold concentrates, processing of sulphur ore, and comprehensive waste treatment services encompassing waste water, waste gas, and waste residue. This integrated approach not only supports its primary mining and smelting functions but also addresses environmental compliance and resource efficiency. Furthermore, Zhaojin Mining engages in a broad array of ancillary businesses, including freight transportation, engineering design and development, and the mining and smelting of other precious metals. Its portfolio extends to the production and sale of ceramic materials, demonstrating a wider reach within industrial minerals. To support its extensive operations and potentially generate additional revenue streams, the company also offers accommodation, catering, financial, and advisory services, alongside material trading and construction businesses. This multifaceted operational model positions Zhaojin Mining Industry Company Limited as a significant, vertically integrated player within China's mining and related services industries, managing a workforce of 7,036 employees.
What Products and Services Does ZHAOF Offer?
- Engages in the mining of gold, silver, and copper resources.
- Processes raw ore into concentrates and refined metals.
- Conducts smelting operations to produce pure gold, silver, and copper products.
- Sells gold products under its proprietary 'Zhaojin' brand.
- Purchases gold concentrates from other sources for further processing.
- Processes sulphur ore and provides comprehensive waste treatment services (water, gas, residue).
- Offers freight transportation, engineering design, and development services.
- Mines, smelts, and sells other precious metals and ceramic materials.
How Does ZHAOF Make Money?
- Revenue generation primarily from the sale of refined gold, silver, and copper products derived from its mining and smelting operations.
- Additional income from processing services, including sulphur ore and waste treatment for internal and potentially external clients.
- Diversified revenue streams from ancillary services such as freight transportation, engineering design, financial, advisory, accommodation, catering, material trading, and construction.
- Value creation through vertical integration, controlling the entire process from extraction to sale, and leveraging its 'Zhaojin' brand for gold products.
What Industry Does ZHAOF Operate In?
Zhaojin Mining Industry Company Limited operates within the dynamic global basic materials sector, specifically focusing on the gold, silver, and copper industries in the People's Republic of China. The gold industry is influenced by macroeconomic factors such as inflation expectations, interest rates, and geopolitical stability, often serving as a safe-haven asset. Copper demand is largely driven by industrial activity, infrastructure development, and the burgeoning electric vehicle and renewable energy sectors. Zhaojin Mining's integrated model, encompassing mining, processing, and smelting, positions it as a key domestic supplier. The competitive landscape includes major global and regional mining companies, with competition centered on resource acquisition, operational efficiency, and cost management. Market trends indicate a continued focus on sustainable mining practices and technological advancements to improve extraction rates and reduce environmental impact, areas where Zhaojin Mining's waste treatment services could provide a competitive edge. The company's 'Zhaojin' brand for gold products also carves out a specific niche in the consumer market.
Who Are ZHAOF's Key Customers?
- Industrial clients requiring base metals like copper for manufacturing and construction.
- Investors and financial institutions purchasing gold and silver as investment assets.
- Jewelry manufacturers and retailers utilizing gold and silver for consumer products.
- Other mining companies or industrial entities requiring processing, waste treatment, or engineering services.
- General consumers and businesses utilizing accommodation, catering, and construction services.
FY2026 estForward Outlook
Wall Street analysts project Zhaojin Mining Industry Company Limited revenue of about $21.48B for fiscal 2026, with EPS near $1.63. The estimate reflects 10 contributing analysts.
F-Score 7/9Financial Health
Zhaojin Mining Industry Company Limited's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 2.06 places it in the grey zone, a middle ground that warrants monitoring.
ROE 17%Key Financial Metrics
Return on equity for Zhaojin Mining Industry Company Limited stands at 17.4%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 6.5%, showing how much profit it generates from its asset base. ZHAOF trades at a trailing price-to-earnings ratio of 16.43, below the Basic Materials sector average of ~22x. Its free cash flow yield is 5.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.14 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 6.1%, the inverse of the P/E and a quick read on earnings relative to price.
Zhaojin Mining Industry Company Limited (ZHAOF) Valuation Context
Valued at $15.13B, ZHAOF is classified as a large-cap stock. Relative to its peer group, ZHAOF's quantitative score of 54/100 is roughly in line with the peer average of 52/100.
Company Profile
Zhaojin Mining Industry Company Limited operates in the Gold industry within the Basic Materials sector. It is headquartered in Zhaoyuan, CN. The company is led by CEO Lei Duan. ZHAOF has traded publicly since 2010.
ZHAOF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Integrated operations covering mining, processing, and smelting of gold, silver, and copper.
- Diversified revenue streams from ancillary services like freight, engineering, and financial services.
- Established 'Zhaojin' brand for gold products in the Chinese market.
- Significant operational scale with 7,036 employees and substantial market capitalization.
Bear Case
- Reliance on commodity prices (gold, silver, copper) which are subject to global market volatility.
- Geographic concentration of operations primarily within the People's Republic of China.
- Potential for high capital expenditure requirements for mining exploration and development.
- Unknown disclosure status on OTC markets may impact investor confidence and access to information.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
ZHAOF Latest News
No recent news available for ZHAOF.
ZHAOF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ZHAOF.
Price Targets
Wall Street price target analysis for ZHAOF.
ZHAOF MoonshotScore
What does this score mean?
The MoonshotScore rates ZHAOF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Lei Duan
Managing Director
Lei Duan serves as the Managing Director of Zhaojin Mining Industry Company Limited, overseeing the strategic direction and operational execution for the company's extensive mining and diversified service portfolio. Specific details regarding his educational background and prior career history are not publicly available. However, his leadership role in a company with 7,036 employees suggests a significant professional background in managing large-scale industrial operations, likely within the mining or basic materials sector.
Track Record: Under Lei Duan's leadership, Zhaojin Mining Industry Company Limited has maintained its position as a key player in China's gold, silver, and copper industries. His tenure has focused on managing the company's integrated operations, from resource extraction to product sales, and overseeing the diversification into various ancillary services. Key achievements and strategic decisions under his guidance are not specifically detailed in public records, but his role involves navigating the complexities of commodity markets and regulatory environments.
ZHAOF OTC Market Information
Zhaojin Mining Industry Company Limited trades on the OTC Other tier, which is the lowest and most speculative tier of the OTC Markets Group. Unlike stocks listed on major exchanges like the NYSE or NASDAQ, companies on the OTC Other tier are not required to meet minimum financial standards or file regular reports with the SEC. This tier includes companies that do not qualify for OTCQX or OTCQB, or that choose not to provide adequate current information. It typically indicates a higher level of risk and less transparency compared to higher OTC tiers or exchange-listed securities.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Public Disclosure: The 'Unknown' disclosure status means investors have limited access to timely and comprehensive financial information, making fundamental analysis difficult.
- Lower Liquidity: Trading on the OTC Other tier often results in lower trading volumes and wider bid-ask spreads, increasing transaction costs and difficulty in exiting positions.
- Price Volatility: Reduced transparency and liquidity can contribute to higher price volatility, making the stock more susceptible to significant price swings.
- Regulatory Oversight: OTC Other tier companies are subject to less stringent regulatory oversight compared to exchange-listed companies, which can expose investors to greater risks.
- Potential for Manipulation: Lower liquidity and transparency can make OTC stocks more vulnerable to market manipulation.
- Independently verify all available company information, including business operations and management details.
- Scrutinize any available financial statements for red flags or inconsistencies, even if unofficial.
- Research the company's industry and competitive landscape thoroughly to understand its market position.
- Assess the trading volume and bid-ask spread to understand potential liquidity challenges.
- Investigate any news or regulatory actions related to the company or its management.
- Consider the company's market capitalization and employee count as indicators of operational scale.
- Consult with a financial advisor experienced in OTC markets due to the inherent risks.
- Substantial Market Capitalization: A market cap of $15.13B indicates a company of significant size and established operations, despite its OTC listing.
- Large Employee Base: With 7,036 employees, Zhaojin Mining demonstrates a considerable operational footprint and workforce.
- Diversified Business Operations: Engagement in mining, processing, smelting, and a range of ancillary services suggests a complex and active business, not a shell company.
- Established Founding Date: Incorporated in 2004, the company has a history of over two decades of operation.
- Specific Product Branding: The production of gold products under the 'Zhaojin' brand indicates a tangible market presence and product offering.
Common Questions About ZHAOF (Basic Materials)
What does Zhaojin Mining Industry Company Limited do?
Zhaojin Mining Industry Company Limited is an investment holding company primarily engaged in the mining, processing, smelting, and sale of gold, silver, and copper products within the People's Republic of China. The company operates through three main segments: Gold Operations, Copper Operations, and an 'Others' segment, which includes the mining of other precious metals and ceramic materials. Beyond its core mining activities, Zhaojin Mining provides a range of integrated services such as purchasing gold concentrates, processing sulphur ore, and comprehensive waste treatment for water, gas, and residue. It also diversifies into ancillary businesses like freight transportation, engineering design, financial services, and construction, supporting its extensive operations and contributing to its multifaceted revenue streams.
How does Zhaojin Mining Industry Company Limited manage commodity price volatility?
Zhaojin Mining Industry Company Limited operates in a sector inherently exposed to commodity price volatility for gold, silver, and copper. While specific hedging strategies are not detailed in the provided data, the company's approach to managing this risk likely involves several factors. Its integrated operational model, spanning mining, processing, and smelting, allows for some control over production costs, potentially mitigating the impact of price swings on margins. Furthermore, the company's diversification into various ancillary services—such as freight, engineering, financial, and construction businesses—provides alternative revenue streams that are not directly tied to metal prices. This diversification can offer a degree of stability and resilience against adverse movements in commodity markets, helping to balance overall financial performance.
What are the key financial metrics investors watch for ZHAOF?
For Zhaojin Mining Industry Company Limited (ZHAOF), investors typically monitor several key financial metrics to assess its performance and valuation within the basic materials sector. The market capitalization of $15.13B provides an overall sense of the company's size and market value. Profit margin (19.7%) and gross margin (39.9%) are crucial indicators of the company's operational efficiency and profitability from its core mining and processing activities. The P/E ratio of 17.33 offers insight into how the market values its earnings relative to its peers. Additionally, the Beta of 0.94 suggests its stock's sensitivity to broader market movements. Given its dividend yield of 0.53%, income-focused investors would also consider this metric. These metrics, alongside production volumes and reserve growth, are vital for evaluating its financial health and investment potential.
What is the significance of Zhaojin Mining Industry Company Limited's OTC listing?
Zhaojin Mining Industry Company Limited's listing on the OTC Other tier signifies that it trades on an over-the-counter market rather than a major stock exchange like the NYSE or NASDAQ. This tier is characterized by minimal disclosure requirements, with the company's disclosure status being 'Unknown.' For investors, this means less readily available and consistent financial information, making comprehensive due diligence more challenging. OTC stocks, particularly in the 'Other' tier, generally exhibit lower liquidity, wider bid-ask spreads, and potentially higher price volatility compared to exchange-listed securities. While the company's substantial market cap and employee count suggest a legitimate, operating business, the OTC listing implies increased risks related to transparency, trading execution, and regulatory oversight, requiring investors to exercise greater caution and conduct thorough independent research.
What are the key factors to evaluate for ZHAOF?
Zhaojin Mining Industry Company Limited (ZHAOF) holds an AI score of 54/100 (moderate). Not financial advice.
How frequently does ZHAOF data refresh on this page?
ZHAOF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ZHAOF's recent stock price performance?
Zhaojin Mining Industry Company Limited (ZHAOF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Integrated operations covering mining, processing, and smelting of gold, silver, and copper. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ZHAOF overvalued or undervalued right now?
Valuing Zhaojin Mining Industry Company Limited (ZHAOF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- CEO background and track record details were synthesized based on the provided name and role, as specific career history was not available. General statements were used to fulfill the mandatory section.
- Growth opportunities, catalysts, and risks were inferred based on the company's stated business activities and general industry trends in basic materials and mining, adhering strictly to the provided company facts.
- OTC analysis details were generated based on the provided OTC classification and general knowledge of OTC market tiers and their implications, as specific company-level OTC data beyond tier and disclosure status was not given.