Zhongjin Gold Corp - Stock

Zhongjin Gold Corp Liabilities 2024

Zhongjin Gold Corp Liabilities

26.77 B CNY

Ticker

600489.SS

ISIN

CNE000001FM8

In 2024, Zhongjin Gold Corp's total liabilities amounted to 26.77 B CNY, a -13.69% difference from the 31.02 B CNY total liabilities in the previous year.

Zhongjin Gold Corp Aktienanalyse

What does Zhongjin Gold Corp do?

Zhongjin Gold Corp Ltd is one of the largest gold producers in China. The company was founded in 2000 and is headquartered in Beijing, China. Zhongjin Gold Corp Ltd is listed on the Shanghai Stock Exchange and has a market capitalization of over $10 billion. Business model: The business model of Zhongjin Gold Corp Ltd is focused on an integrated gold industry chain. This means that the company covers the entire value chain from exploration and mining to refinery and production of gold products. The company has various subsidiaries operating in mining, refining, and trading. Different divisions: Zhongjin Gold Corp Ltd is divided into different divisions to enable efficient management and specialization. The main divisions are: - Mining: Zhongjin Gold Corp Ltd operates several gold mines in China, including the largest one in Shandong Province, which produces several tons of gold annually. The company is also involved in other mining activities such as copper and silver. - Refinery: The company owns several refineries in China that manufacture gold bars and other gold products. The refineries process the extracted gold from the mines and produce high-quality gold products with different sizes and purities. - Trading: The company is involved in gold trading and exports gold products to various countries around the world. Zhongjin Gold Corp Ltd has contractual agreements with major international gold traders and banks to facilitate trading. Products: Zhongjin Gold Corp Ltd offers various gold products, including: - Gold bars: The company produces gold bars in different sizes and purities that are internationally recognized. - Gold coins: Zhongjin Gold Corp Ltd also produces gold coins with different designs and sizes. These coins are appreciated by collectors and investors worldwide. - Gold jewelry: The company also produces high-quality gold jewelry available in different designs and styles. In summary, Zhongjin Gold Corp Ltd is a leading Chinese gold producer that covers the entire value chain of the gold industry. The company is divided into different divisions, including mining, refinery, and trading, and offers a variety of gold products. Zhongjin Gold Corp Ltd has earned a reputation for high quality, technological leadership, and environmental protection. Zhongjin Gold Corp ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Zhongjin Gold Corp's Liabilities

Zhongjin Gold Corp's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Zhongjin Gold Corp's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Zhongjin Gold Corp's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Zhongjin Gold Corp's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Zhongjin Gold Corp’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Zhongjin Gold Corp Stock

What is the level of liabilities of Zhongjin Gold Corp this year?

Zhongjin Gold Corp has a debt balance of 26.77 B CNY this year.

What were the liabilities of Zhongjin Gold Corp compared to the previous year?

The liabilities of Zhongjin Gold Corp have increased by -13.69% dropped compared to the previous year.

What are the consequences of high debt for investors of Zhongjin Gold Corp?

High liabilities can pose a risk for investors of Zhongjin Gold Corp, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Zhongjin Gold Corp?

Low liabilities mean that Zhongjin Gold Corp has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Zhongjin Gold Corp affect the company?

An increase in liabilities of Zhongjin Gold Corp can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Zhongjin Gold Corp affect the company?

A decrease in the liabilities of Zhongjin Gold Corp can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Zhongjin Gold Corp?

Some factors that can influence the liabilities of Zhongjin Gold Corp include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Zhongjin Gold Corp so important for investors?

The liabilities of Zhongjin Gold Corp are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Zhongjin Gold Corp take to modify the liabilities?

To change its liabilities, Zhongjin Gold Corp can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Zhongjin Gold Corp pay?

Over the past 12 months, Zhongjin Gold Corp paid a dividend of 0.28 CNY . This corresponds to a dividend yield of about 1.94 %. For the coming 12 months, Zhongjin Gold Corp is expected to pay a dividend of 0.29 CNY.

What is the dividend yield of Zhongjin Gold Corp?

The current dividend yield of Zhongjin Gold Corp is 1.94 %.

When does Zhongjin Gold Corp pay dividends?

Zhongjin Gold Corp pays a quarterly dividend. This is distributed in the months of August, August, August, August.

How secure is the dividend of Zhongjin Gold Corp?

Zhongjin Gold Corp paid dividends every year for the past 10 years.

What is the dividend of Zhongjin Gold Corp?

For the upcoming 12 months, dividends amounting to 0.29 CNY are expected. This corresponds to a dividend yield of 2.02 %.

In which sector is Zhongjin Gold Corp located?

Zhongjin Gold Corp is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Zhongjin Gold Corp kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Zhongjin Gold Corp from 7/14/2023 amounting to 0.281 CNY, you needed to have the stock in your portfolio before the ex-date on 7/14/2023.

When did Zhongjin Gold Corp pay the last dividend?

The last dividend was paid out on 7/14/2023.

What was the dividend of Zhongjin Gold Corp in the year 2023?

In the year 2023, Zhongjin Gold Corp distributed 0.224 CNY as dividends.

In which currency does Zhongjin Gold Corp pay out the dividend?

The dividends of Zhongjin Gold Corp are distributed in CNY.

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Andere Kennzahlen von Zhongjin Gold Corp

Our stock analysis for Zhongjin Gold Corp Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Zhongjin Gold Corp Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.