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Shandong Gold Mining Co Ltd
SSE:600547

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Shandong Gold Mining Co Ltd
SSE:600547
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Price: 35.84 CNY -3.79% Market Closed
Market Cap: ¥165.2B

EV/EBIT

14.5
Current
33%
Cheaper
vs 3-y average of 21.8

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
14.5
=
Enterprise Value
¥215.2B
/
EBIT
¥14.1B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
14.5
=
Enterprise Value
¥215.2B
/
EBIT
¥14.1B

Valuation Scenarios

Shandong Gold Mining Co Ltd is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (21.8), the stock would be worth ¥53.75 (50% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+99%
Average Upside
79%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 14.5 ¥35.84
0%
3-Year Average 21.8 ¥53.75
+50%
5-Year Average 25.4 ¥62.82
+75%
Industry Average 28.1 ¥69.34
+93%
Country Average 28.9 ¥71.39
+99%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
¥215.2B
/
Jan 2026
¥14.1B
=
14.5
Current
¥215.2B
/
Dec 2026
¥23.7B
=
9.1
Forward
¥215.2B
/
Dec 2027
¥24.9B
=
8.6
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
CN
Shandong Gold Mining Co Ltd
SSE:600547
165.2B CNY 14.5 39
RU
Polyus PJSC
LSE:PLZL
70.4T USD 22 132.2 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
653.6B ZAR 8.1 11.2
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
171.1B ZAR 6.4 10.5
CN
Zijin Mining Group Co Ltd
SSE:601899
914.7B CNY 10.8 14.8
US
Newmont Corporation
NYSE:NEM
131.4B USD 11.7 18.6
CA
Agnico Eagle Mines Ltd
TSX:AEM
136.2B CAD 15.4 22.4
CA
Barrick Gold Corp
TSX:ABX
92.2B CAD 8.3 13.8
CA
Barrick Mining Corp
F:ABR0
57.1B EUR 8.3 13.8
CA
Wheaton Precious Metals Corp
TSX:WPM
88.1B CAD 38.9 42.5
HK
Zijin Gold International Co Ltd
HKEX:2259
428.5B HKD 19 34.2

Market Distribution

Lower than 75% of companies in China
Percentile
25th
Based on 5 337 companies
25th percentile
14.5
Low
0 — 16.6
Typical Range
16.6 — 52.9
High
52.9 —
Distribution Statistics
China
Min 0
30th Percentile 16.6
Median 28.9
70th Percentile 52.9
Max 49 021

Shandong Gold Mining Co Ltd
Glance View

Market Cap
165.2B CNY
Industry
Metals & Mining

In the northern reaches of China’s resource-rich Shandong Province, Shandong Gold Mining Co., Ltd. carves its name into the annals of global mining. Established in 1986, the company quickly grew into one of the top gold producers in China, driven by both ambition and the region's plentiful resources. As a state-owned enterprise, it benefits from both governmental support and a unique presence in local and international markets, effectively balancing its dual roles of national powerhouse and global market participant. At its core, the company centers its operations around exploration, mining, and refining of gold, utilizing advanced technology to maximize recovery efficiency and maintain competitive production costs. Revenue streams for Shandong Gold are as golden as their product. The company thrives on its ability not only to explore and extract but also to refine and market its precious output. This vertical integration allows them to capture value at each step, from the moment gold ore is extracted to when polished bullion is brought to market. Beyond mining, Shandong Gold also extends its business into the investment sector, acquiring strategic stakes in international gold ventures, which further strengthens its position in the global market. The company's focus on sustainable mining practices and its strategic acquisitions underscore its dedication to long-term growth, ensuring that while the gold they mine may dazzle, it is the consistency of their operations that truly shines.

Intrinsic Value
53.46 CNY
Undervaluation 33%
Intrinsic Value
Price ¥35.84
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