The company realized turnover of Rmb8319mn at mid-term of 08 (+23.44% yoy), and operating profit of Rmb2855mn (+29.25% yoy), net profit attribute to parent of Rmb1724mn (+45.02% yoy), and diluted EPS of Rmb0.12. The company was listed in April 08 at the A share market. Taking gold mining, processing and melting as its core businesses, the company boasts the most potential yield in gold mine domestically. Besides, it also deals with mining, processing and melting of other metals such as copper, zinc and iron etc.
Potential Risks: 1) Price fluctuation. Each variation of 10% for prices of concentrated ore of gold, copper, zinc and iron will cause influences to EPS by Rmb0.032, Rmb0.021, Rmb0.015 and Rmb0.006 respectively. 2) Raised Capital investment.