ZHAOF (Zhaojin Mining Industry Co) Shares Outstanding (EOP): 3,542 Mil (As of Dec. 2025)


ZHAOF Zhaojin Mining Industry Co Ltd ZHAOF
88 GF Score
Price $2.06
GF Value $3.81
Valuation Possible Value Trap
! 4 Warning Signs
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What is Zhaojin Mining Industry Co Shares Outstanding (EOP)?

Zhaojin Mining Industry Co ZHAOF 88 Shares Outstanding (EOP) is 3,542 Mil as of Dec. 2025. GuruFocus rates ZHAOF with a GF Score™ of 88/100 and a GF Value™ of $3.81 (Possible Value Trap). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Zhaojin Mining Industry Co's shares outstanding for the quarter that ended in Dec. 2025 was 3,542 Mil.

Zhaojin Mining Industry Co's quarterly shares outstanding stayed the same from Sep. 2025 (3,542 Mil) to Dec. 2025 (3,542 Mil).

Zhaojin Mining Industry Co's annual shares outstanding increased from Dec. 2024 (3,402 Mil) to Dec. 2025 (3,542 Mil). It means Zhaojin Mining Industry Co issued new shares from Dec. 2024 to Dec. 2025 .


Zhaojin Mining Industry Co  (OTCPK:ZHAOF) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Zhaojin Mining Industry Co Shares Outstanding (EOP) Related Terms


Zhaojin Mining Industry Co Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Zhaojin Mining Industry Co's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zhaojin Mining Industry Co Shares Outstanding (EOP) Chart

Zhaojin Mining Industry Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,270.39 3,270.39 3,270.39 3,402.39 3,542.39

Zhaojin Mining Industry Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,402.39 3,402.39 3,542.39 3,542.39 3,542.39

ZHAOF vs NEM, AU, CDE: Shares Outstanding (EOP) Comparison

For the Gold subindustry, Zhaojin Mining Industry Co's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zhaojin Mining Industry Co Shares Outstanding (EOP) vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhaojin Mining Industry Co's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Zhaojin Mining Industry Co's Shares Outstanding (EOP) falls into.


ZHAOF
88GF Score
Zhaojin Mining Industry Co Ltd ZHAOF
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhaojin Mining Industry Co Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 3,542 Mil mean?
Zhaojin Mining Industry Co (ZHAOF) has a Shares Outstanding (EOP) of 3,542 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Zhaojin Mining Industry Co and its competitors.
Is Zhaojin Mining Industry Co's Shares Outstanding (EOP) too high?
Zhaojin Mining Industry Co's current Shares Outstanding (EOP) is 3,542 Mil. Overall, Zhaojin Mining Industry Co has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhaojin Mining Industry Co's Shares Outstanding (EOP) compare to NEM and AU?
Zhaojin Mining Industry Co's Shares Outstanding (EOP) of 3,542 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Metals & Mining company?
A good Shares Outstanding (EOP) depends on the Metals & Mining industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Zhaojin Mining Industry Co and its competitors. Zhaojin Mining Industry Co's current Shares Outstanding (EOP) is 3,542 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhaojin Mining Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Zhaojin Mining Industry Co (ZHAOF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.81, compared to a current price of $2.06 — trading 45.9% below its estimated fair value. The current Shares Outstanding (EOP) is 3,542 Mil. Zhaojin Mining Industry Co's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Zhaojin Mining Industry Co (ZHAOF), the current Shares Outstanding (EOP) is 3,542 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zhaojin Mining Industry Co (ZHAOF) Overvalued in 2026?

Based on GuruFocus' analysis, Zhaojin Mining Industry Co stock appears to be undervalued. The current stock price of $2.06 is trading 45.9% below its estimated GF Value™ of $3.81. GuruFocus considers Zhaojin Mining Industry Co to be Possible Value Trap.

Key valuation signals for ZHAOF:

  • Shares Outstanding (EOP): 3,542 Mil
  • GF Value™: $3.81 vs. price of $2.06 (45.9% below fair value)
  • GF Score™: 88/100 with 4 warning signs

No single metric tells the full story. See the ZHAOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhaojin Mining Industry Co Business Description

Other Exchanges 01818:Hong KongZVL:Germany
Address 1 Matheson Street, Causeway Bay, 31st Floor, Tower Two, Times Square, HKG, 265400
Zhaojin Mining Industry Co Ltd is engaged in the mining, processing, smelting, and sale of gold and silver products. The company has three reportable operating segments as follows: the Gold operations segment consists of gold mining and smelting operations; the Copper operations segment consists of copper mining and smelting operations; the Others segment comprises, principally, the Group's other investment activities, operation of a finance company, operation and catering services of a hotel, exploration services, engineering design and consulting services, and overseas operations.
88GF Score

Get the complete analysis for ZHAOF

Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.06
Price
$3.81
GF Value