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← CockpitCompetitor Analysis › 002155.SZ Hunan Gold Corp. Ltd. Class AOpen in the cockpit ↗

Hunan Gold Corp. Ltd. Class A002155.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Precious Metals

Small Chinese miner of gold and antimony.

Momentum weak 24
Mkt cap
$4.72B
US dollars, full cap
Free float
63%
of shares outstanding
$/day
$117M
20-day average traded
Fwd P/E
15.3×
forward earnings
ROIC−WACC
+13.3 pp
WACC 10.5%
Hurdle
-16 pp
Req g minus delivered
Next earnings
137 days
23 Mar 2027
Close · CNYCN¥20.13
1D-0.5%
1W+12.8%
1M-11.6%
3M-11.6%
6M-32.6%
YTD-4.5%
1Y-9.2%
ATR %5.1%
52w lowhigh53.9% off high

What Hunan Gold does

Small Chinese miner of gold and antimony.

Products and services

  • Gold mining
  • Antimony mining

Customers

  • Metal refiners/traders

Where it sits in the supply chain

  • Materials
  • Metals & mining
  • Gold & antimony mining

What could go right

  • Gold/antimony price upcycle

What could go wrong

  • Small scale
  • Resource depletion

Moat: none (scale). Small reserve base with limited scale versus larger state-owned gold miners.

Headquarters: Hunan, China · Employees: 4,976

Named competitors

Hunan Gold at a glance

Size Hunan Gold (002155.SZ) is a China Materials company (Precious Metals) with a market value of $4.72B, the 535th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥20.13 on 6 Nov 2026.

Performance Over six months the shares fell 32.6%, against +1.6% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue grew 0.7% over the last twelve months (peer median +50.3%); the operating margin is 4.1% (peer median 44.7%).

Valuation It trades at 15.3× forward earnings against a peer median of 11.8× (6th most expensive of 20).

Price implies For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +27%, so the hurdle is -16 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 13.3 points above its cost of capital (10.5% WACC).

Next results Next results expected around 23 Mar 2027 (exchange calendar; dates can move).

Relative performance

608010012011 May 202611 Aug 20266 Nov 2026Peer median 101002155.SZ 68
Six months, rebased to 100: Hunan Gold against the median of its 20 peers (local-currency closes).

Hunan Gold financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥48.4BCN¥50.2BCN¥27.8BCN¥23.3BCN¥21.0B
Revenue growth—+80%+19%+11%—
Gross profitCN¥3.54BCN¥2.99BCN¥2.10BCN¥1.58BCN¥1.51B
EBITDAn/aCN¥2.22BCN¥1.47BCN¥972MCN¥916M
Net incomeCN¥1.62BCN¥1.49BCN¥847MCN¥489MCN¥440M
Free cash flowCN¥778MCN¥1.17BCN¥520MCN¥549MCN¥754M
Capital expenditureCN¥468MCN¥325MCN¥369MCN¥447MCN¥482M
Total debtCN¥34.1MCN¥3.35MCN¥35.9MCN¥84.0MCN¥319M

Quarterly statements and history in the cockpit →

Hunan Gold competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%-10%0%RMSMAUKNTTXRCMM603979GGPCGVAUSSRMGMDPRUPAFAYAWGXOGCSBSWRRLTFPM002155.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Hunan Gold is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%10×20×RMSKNTTXRCMM603979GGPCGSSRMGMDPRUPAFAYAWGXOGCSBSWRRLTFPM002155.SZRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Hunan Gold is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%+150%0%100%RMSKNTTXRCMM603979VAUGMDAYAWGX002155.SZGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Hunan Gold is the large dot.

Hunan Gold competitors and peer comparison

Head to head with its named competitors (002155.SZ vs 000975.SZ vs 600489.SS vs 600547.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Hunan Gold 002155.SZ$4.72B-33%+1%4%15.3×11.1%
Shanjin International Gold 000975.SZ$10.2B-6%-4%36%15.2×-5.7%
Zhongjin Gold 600489.SS$15.1B-20%+25%13%11.4×-5.9%
Shandong Gold Mining 600547.SS$16.5B-24%+12%13%18.9×-5.6%

How Hunan Gold compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Hunan Gold against its 20 peers (data as of 6 Nov 2026)
Measure002155.SZPeer medianRank in peer set
1-month return-11.6%-0.4%3rd lowest of 21
6-month return-32.6%+1.6%lowest of 21
Distance from 52-week high-53.9%-22.9%2nd lowest of 21
Revenue growth (TTM)+0.7%+50.3%2nd lowest of 19
Operating margin4.1%44.7%lowest of 19
Forward P/E15.3×11.8×6th most expensive of 20
Growth the price implies (Req g, 7 yrs)11.1%-1.1%4th most demanding of 16
Growth delivered (Del g)+27.4%+29.2%7th lowest of 15
Hurdle (Req g minus delivered)-16.3 pp-32.7 pp4th most demanding of 15
ROIC minus cost of capital+13.3 pp+19.7 pp6th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Hunan Gold 002155.SZChina$4.72B-33%+1%4%15.3×11.1%+27.4%
Ramelius Resources RMS.AXAustralia$4.78B+3%-14%42%19.0×13.7%+10.3%
Montage Gold MAU.TOCanada$4.79B+17%n/an/a18.4×n/an/a
K92 Mining KNT.TOCanada$4.86B+10%+62%68%11.0×0.7%+31.3%
Torex Resources TXR.TOCanada$5.02B+16%+76%46%7.1×-3.9%+11.5%
Capricorn Metals CMM.AXAustralia$4.42B-1%+45%58%17.6×12.7%+33.9%
JCHX MINING MANAGEMENT 603979.SSChina$5.09B-12%+23%28%9.9×-7.7%+29.3%
Greatland Resources GGP.AXAustralia$5.11B-31%+118%52%13.4×-3.1%n/a
Centerra Gold CG.TOCanada$4.25B+27%+44%27%12.4×6.5%+13.9%
Vault Minerals VAU.AXAustralia$4.19B+21%+35%33%13.0×-0.1%+59.0%
SSR Mining SSRMUnited States$5.66B-17%+39%42%8.1×n/an/a
Skeena Resources SKE.TOCanada$3.90B+6%n/an/an/an/an/a
Genesis Minerals GMD.AXAustralia$5.73B+6%+89%45%15.1×7.2%+182.9%
Perseus Mining PRU.AXAustralia$5.77B+11%+13%48%11.8×-1.1%+26.4%
Pan African Resources PAF.LUnited Kingdom$3.79B-25%+106%54%7.2×-6.7%+25.7%
Aya Gold & Silver AYA.TOCanada$3.68B+40%+265%53%19.2×17.9%+72.4%
Westgold Resources WGX.AXAustralia$3.64B-2%+79%32%8.8×-7.6%+33.7%
OceanaGold OGC.TOCanada$6.27B-5%+56%44%7.1×-5.4%+29.2%
Sibanye Stillwater Limited Sponsored ADR SBSWUnited States$6.30B-29%+59%26%5.9×n/an/a
Regis Resources RRL.AXAustralia$3.49B-3%+43%43%8.5×-9.5%+23.5%
Triple Flag Precious Metals TFPM.TOCanada$6.54B+1%+45%63%24.7×n/an/a

Questions

Who are Hunan Gold's main competitors?
Named competitors: Shanjin International Gold (000975.SZ), Zhongjin Gold (600489.SS), Shandong Gold Mining (600547.SS). The cockpit's measured peer set (industry) also includes Ramelius Resources (RMS.AX), Montage Gold (MAU.TO), K92 Mining (KNT.TO), Torex Resources (TXR.TO), Capricorn Metals (CMM.AX), JCHX MINING MANAGEMENT (603979.SS).
Is Hunan Gold expensive compared with its peers?
On forward p/e it trades at 15.3× against a peer median of 11.8×, 6th most expensive of 20 in its peer set. For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +27%, so the hurdle is -16 pp: the price already allows for a slowdown.
How has Hunan Gold stock performed?
Over six months to 6 Nov 2026 the shares returned -32.6% against +1.6% for the median peer; over one year -9.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.