Zhongjin Gold (SHSE:600489) Cyclically Adjusted Revenue per Share: ¥12.86 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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SHSE:600489 Zhongjin Gold Corp Ltd SHSE:600489
87 GF Score
Price ¥23.01
GF Value ¥21.72
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Zhongjin Gold Cyclically Adjusted Revenue per Share?

Zhongjin Gold SHSE:600489 +5.07% 87 Cyclically Adjusted Revenue per Share is ¥12.86 as of Mar. 2026. GuruFocus rates SHSE:600489 with a GF Score™ of 87/100 and a GF Value™ of ¥21.72 (Fairly Valued). The stock has 1 warning sign 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.

Zhongjin Gold's adjusted revenue per share for the three months ended in Mar. 2026 was ¥4.649. 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 ¥12.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Zhongjin Gold's average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 0.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.30% 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 Zhongjin Gold was 17.10% per year. The lowest was 0.20% per year. And the median was 3.95% per year.

As of today (2026-08-02), Zhongjin Gold's current stock price is ¥23.01. Zhongjin Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ¥12.86. Zhongjin Gold's Cyclically Adjusted PS Ratio of today is 1.79.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Zhongjin Gold was 2.94. The lowest was 0.56. And the median was 0.83.


Zhongjin Gold  (SHSE:600489) 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.

Zhongjin Gold's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.01/12.86
=1.79

* 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 Zhongjin Gold was 2.94. The lowest was 0.56. And the median was 0.83.


Be Aware

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


Zhongjin Gold Cyclically Adjusted Revenue per Share Related Terms


Zhongjin Gold Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Zhongjin Gold'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.

Zhongjin Gold Cyclically Adjusted Revenue per Share Chart

Zhongjin Gold 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 12.32 12.34 12.34 12.45 12.56

Zhongjin Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.33 12.35 12.17 12.56 12.86

SHSE:600489 vs NEM, AU, RGLD: Cyclically Adjusted Revenue per Share Comparison

For the Gold subindustry, Zhongjin Gold'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.


Zhongjin Gold Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Zhongjin Gold's Cyclically Adjusted PS Ratio falls into.


SHSE:600489
87GF Score
Zhongjin Gold Corp Ltd SHSE:600489
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhongjin Gold 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, Zhongjin Gold's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.649/116.3033*116.3033
=4.649

Current CPI (Mar. 2026) = 116.3033.

Zhongjin Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.243 101.400 2.573
201609 2.059 102.400 2.339
201612 6.618 102.600 7.502
201703 2.734 103.200 3.081
201706 1.912 103.100 2.157
201709 3.059 104.100 3.418
201712 1.722 104.500 1.917
201803 2.426 105.300 2.680
201806 2.725 104.900 3.021
201809 2.651 106.600 2.892
201812 2.899 106.500 3.166
201903 2.140 107.700 2.311
201906 2.511 107.700 2.712
201909 3.010 109.800 3.188
201912 3.143 111.200 3.287
202003 1.834 112.300 1.899
202006 2.532 110.400 2.667
202009 2.821 111.700 2.937
202012 3.284 111.500 3.425
202103 2.327 112.662 2.402
202106 3.230 111.769 3.361
202109 3.033 112.215 3.143
202112 2.980 113.108 3.064
202203 2.759 114.335 2.807
202206 2.547 114.558 2.586
202209 2.876 115.339 2.900
202212 3.582 115.116 3.619
202303 2.696 115.116 2.724
202306 3.371 114.558 3.422
202309 3.406 115.339 3.434
202312 3.098 114.781 3.139
202403 2.690 115.227 2.715
202406 3.209 114.781 3.252
202409 3.698 115.785 3.715
202412 3.957 114.893 4.006
202503 3.005 115.116 3.036
202506 4.319 114.907 4.371
202509 3.861 115.471 3.889
202512 5.201 115.832 5.222
202603 4.649 116.303 4.649

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 ¥12.86 mean?
Zhongjin Gold (SHSE:600489) has a Cyclically Adjusted Revenue per Share of ¥12.86 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Zhongjin Gold and its competitors.
Is Zhongjin Gold's Cyclically Adjusted Revenue per Share too high?
Zhongjin Gold's current Cyclically Adjusted Revenue per Share is ¥12.86. Overall, Zhongjin Gold has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhongjin Gold's Cyclically Adjusted Revenue per Share compare to NEM and AU?
Zhongjin Gold's Cyclically Adjusted Revenue per Share of ¥12.86 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 Zhongjin Gold and its competitors. Zhongjin Gold's current Cyclically Adjusted Revenue per Share is ¥12.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongjin Gold stock overvalued right now?
Based on GuruFocus' analysis, Zhongjin Gold (SHSE:600489) is currently considered Fairly Valued. The stock's GF Value™ is ¥21.72, compared to a current price of ¥23.01 — trading 5.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ¥12.86. Zhongjin Gold's overall GF Score™ is 87/100 with 1 warning sign 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 Zhongjin Gold (SHSE:600489), the current Cyclically Adjusted Revenue per Share is ¥12.86 as of Mar. 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 Zhongjin Gold (SHSE:600489) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongjin Gold stock appears to be overvalued. The current stock price of ¥23.01 is trading 5.9% above its estimated GF Value™ of ¥21.72. GuruFocus considers Zhongjin Gold to be Fairly Valued.

Key valuation signals for SHSE:600489:

  • Cyclically Adjusted Revenue per Share: ¥12.86
  • GF Value™: ¥21.72 vs. price of ¥23.01 (5.9% above fair value)
  • GF Score™: 87/100 with 1 warning sign

No single metric tells the full story. See the SHSE:600489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongjin Gold Business Description

Address No. 9 Andingmenwai Street, Dongcheng District, Beijing, CHN, 100011
Zhongjin Gold Corp Ltd engages in the mining, smelting, and sale of non-ferrous metals in China. Its products include gold, electrolytic silver and copper, sulfuric acid, and other products, as well as iron oxide pigments. The company operates its business in both the domestic and overseas market.
87GF Score

Get the complete analysis for SHSE:600489

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

¥23.01
Price
¥21.72
GF Value