Zijin Mining Group Co (HKSE:02899) Cyclically Adjusted Revenue per Share: HK$9.50 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02899 Zijin Mining Group Co Ltd HKSE:02899
92 GF Score
Price HK$36.60
GF Value HK$26.22
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Zijin Mining Group Co Cyclically Adjusted Revenue per Share?

Zijin Mining Group Co HKSE:02899 +0.72% 92 Cyclically Adjusted Revenue per Share is HK$9.50 as of Jun. 2026. GuruFocus rates HKSE:02899 with a GF Score™ of 92/100 and a GF Value™ of HK$26.22 (Significantly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Zijin Mining Group Co's adjusted revenue per share for the three months ended in Jun. 2026 was HK$4.047. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is HK$9.50 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Zijin Mining Group Co's average Cyclically Adjusted Revenue Growth Rate was 13.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 14.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Zijin Mining Group Co was 16.90% per year. The lowest was 13.40% per year. And the median was 16.40% per year.

As of today (2026-09-06), Zijin Mining Group Co's current stock price is HK$36.60. Zijin Mining Group Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was HK$9.50. Zijin Mining Group Co's Cyclically Adjusted PS Ratio of today is 3.85.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Zijin Mining Group Co was 4.90. The lowest was 0.93. And the median was 1.91.


Zijin Mining Group Co  (HKSE:02899) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Zijin Mining Group Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=36.60/9.50
=3.85

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Zijin Mining Group Co was 4.90. The lowest was 0.93. And the median was 1.91.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Zijin Mining Group Co Cyclically Adjusted Revenue per Share Related Terms


Zijin Mining Group Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Zijin Mining Group Co's Cyclically Adjusted Revenue per Share 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.

Zijin Mining Group Co Cyclically Adjusted Revenue per Share Chart

Zijin Mining Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 5.96 6.58 6.80 8.48

Zijin Mining Group Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 7.90 8.76 8.48 8.92 9.50

HKSE:02899 vs NEM, AU, RGLD: Cyclically Adjusted Revenue per Share Comparison

For the Gold subindustry, Zijin Mining Group Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Zijin Mining Group Co Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zijin Mining Group Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Zijin Mining Group Co's Cyclically Adjusted PS Ratio falls into.


HKSE:02899
92GF Score
Zijin Mining Group Co Ltd HKSE:02899
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zijin Mining Group Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Zijin Mining Group Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.047/116.0564*116.0564
=4.047

Current CPI (Jun. 2026) = 116.0564.

Zijin Mining Group Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.990 102.400 1.122
201612 1.420 102.600 1.606
201703 0.972 103.200 1.093
201706 0.982 103.100 1.105
201709 1.272 104.100 1.418
201712 1.815 104.500 2.016
201803 1.229 105.300 1.355
201806 1.432 104.900 1.584
201809 1.313 106.600 1.429
201812 1.534 106.500 1.672
201903 1.476 107.700 1.591
201906 1.856 107.700 2.000
201909 1.678 109.800 1.774
201912 1.455 111.200 1.519
202003 1.577 112.300 1.630
202006 2.008 110.400 2.111
202009 2.127 111.700 2.210
202012 1.743 111.500 1.814
202103 2.143 112.662 2.208
202106 2.967 111.769 3.081
202109 2.708 112.215 2.801
202112 2.506 113.108 2.571
202203 3.039 114.335 3.085
202206 3.012 114.558 3.051
202209 3.071 115.339 3.090
202212 2.762 115.116 2.785
202303 3.247 115.116 3.274
202306 3.123 114.558 3.164
202309 3.062 115.339 3.081
202312 2.797 114.781 2.828
202403 3.088 115.227 3.110
202406 3.091 114.781 3.125
202409 3.257 115.785 3.265
202412 2.880 114.893 2.909
202503 3.130 115.116 3.156
202506 3.577 114.907 3.613
202509 3.475 115.471 3.493
202512 3.873 115.832 3.880
202603 4.100 116.303 4.091
202606 4.047 116.056 4.047

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of HK$9.50 mean?
Zijin Mining Group Co (HKSE:02899) has a Cyclically Adjusted Revenue per Share of HK$9.50 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Zijin Mining Group Co and its competitors.
Is Zijin Mining Group Co's Cyclically Adjusted Revenue per Share too high?
Zijin Mining Group Co's current Cyclically Adjusted Revenue per Share is HK$9.50. Overall, Zijin Mining Group Co has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zijin Mining Group Co's Cyclically Adjusted Revenue per Share compare to NEM and AU?
Zijin Mining Group Co's Cyclically Adjusted Revenue per Share of HK$9.50 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 Cyclically Adjusted Revenue per Share for a Metals & Mining company?
A good Cyclically Adjusted Revenue per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Zijin Mining Group Co and its competitors. Zijin Mining Group Co's current Cyclically Adjusted Revenue per Share is HK$9.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zijin Mining Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zijin Mining Group Co (HKSE:02899) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$26.22, compared to a current price of HK$36.60 — trading 39.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is HK$9.50. Zijin Mining Group Co's overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Zijin Mining Group Co (HKSE:02899), the current Cyclically Adjusted Revenue per Share is HK$9.50 as of Jun. 2026. 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 Zijin Mining Group Co (HKSE:02899) Overvalued in 2026?

Based on GuruFocus' analysis, Zijin Mining Group Co stock appears to be overvalued. The current stock price of HK$36.60 is trading 39.6% above its estimated GF Value™ of HK$26.22. GuruFocus considers Zijin Mining Group Co to be Significantly Overvalued.

Key valuation signals for HKSE:02899:

  • Cyclically Adjusted Revenue per Share: HK$9.50
  • GF Value™: HK$26.22 vs. price of HK$36.60 (39.6% above fair value)
  • GF Score™: 92/100 with 2 warning signs

No single metric tells the full story. See the HKSE:02899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zijin Mining Group Co Business Description

Address No.1 Zijin Road, Zijin Tower, Fujian Province, Shanghang County, Longyan, CHN, 364200
Zijin Mining Group Co Ltd is focusing on the exploration and development of gold and copper and other metal mineral resources. The company's operating segment includes mining products segment; refined products segment; trading; and others. It generates maximum revenue from the Refined products segment. The products of refined products segment are refined copper, refined, processed gold and silver, refined zinc bullion, and sulphuric acid. Geographically, the majority is derived from Mainland China.
92GF Score

Get the complete analysis for HKSE:02899

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$36.60
Price
HK$26.22
GF Value