Zhaojin Mining Industry Company Limited Earnings Missed Analyst Estimates: Here’s What Analysts Are Forecasting Now

Zhaojin Mining Industry Company Limited (HKG:1818) just released its latest half-year report and things are not looking great. Unfortunately, Zhaojin Mining Industry delivered a serious earnings miss. Revenues of CN¥9.0b were 11% below expectations, and statutory earnings per share of CN¥0.42 missed estimates by 54%. This is an important time for investors, as they can track a company’s performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Taking into account the latest results, the current consensus from Zhaojin Mining Industry’s ten analysts is for revenues of CN¥20.6b in 2026. This would reflect a reasonable 2.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to leap 50% to CN¥1.51. Before this earnings report, the analysts had been forecasting revenues of CN¥20.7b and earnings per share (EPS) of CN¥1.52 in 2026. So it’s pretty clear that, although the analysts have updated their estimates, there’s been no major change in expectations for the business following the latest results.

Check out our latest analysis for Zhaojin Mining Industry

It will come as no surprise then, to learn that the consensus price target is largely unchanged at HK$34.27. The consensus price target is just an average of individual analyst targets, so – it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Zhaojin Mining Industry at HK$46.02 per share, while the most bearish prices it at HK$20.34. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It’s pretty clear that there is an expectation that Zhaojin Mining Industry’s revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 5.2% growth on an annualised basis. This is compared to a historical growth rate of 23% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 7.9% per year. Factoring in the forecast slowdown in growth, it seems obvious that Zhaojin Mining Industry is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that there’s been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it’s tracking in line with expectations. Although our data does suggest that Zhaojin Mining Industry’s revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn’t be too quick to come to a conclusion on Zhaojin Mining Industry. Long-term earnings power is much more important than next year’s profits. We have forecasts for Zhaojin Mining Industry going out to 2028, and you can see them free on our platform here.

It might also be worth considering whether Zhaojin Mining Industry’s debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.