金融界3月31日消息，上证指数下跌0.46%，中证资源80指数 (资源80，000801)报3513.07点。 数据统计显示，中证资源80指数近一个月上涨4.52%，近三个月上涨0.09%，年至今上涨0.78%。 从指数持仓来看，中证资源80指数十大权重分别为：紫金矿业（5.88%）、万华化学（4.74%）、中国 神华（4.65%）、中国石油（3.95%）、中国石化（3.55%）、陕西煤业（3.26%）、盐湖股份 （2.67%）、中国铝业（2.51%）、北方稀土（2.43%）、中国海油（2.31%）。 从中证资源80指数持仓的市场板块来看，上海证券交易所占比71.28%、深圳证券交易所占比28.72%。 从中证资源80指数持仓样本的行业来看，原材料占比71.11%、能源占比28.47%、主要消费占比0.42%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。每次调整的样本比例一般不超过10%。权重因子随样本定期调整而调整，调整时间与指数样本 定期调整实施时间相同。在下一个定期调整日前，权重因子一般固定不变。遇临时调整时，当中证800 指数调整样本时，指数 ...

紫金矿业最新一期业绩显示，截至2024年报，公司营业总收入3036.40亿元、同比增长3.49%，归属净利 润320.51亿元，同比增长51.76%，扣非净利润316.93亿元，同比增长46.61%，流动比率0.992、速动比率 0.658、资产负债率55.19%。 天眼查商业履历信息显示，紫金矿业集团股份有限公司，成立于2000年，位于龙岩市，是一家以从事有 色金属矿采选业为主的企业。企业注册资本263281.7224万人民币，实缴资本263265.7124万人民币。公 司法定代表人为邹来昌。 金融界消息 截至2025年3月31日收盘，紫金矿业（601899）报收于18.12元，下跌0.22%，换手率 0.78%，成交量160.68万手，成交金额29.13亿元。 资金流向方面，今日主力资金净流入5581.87万元，占比成交额1.92%。其中，超大单净流出10383.49万 元、占成交额3.56%，大单净流入1.60亿元、占成交额5.48%，中单净流出流出15071.63万元、占成交额 5.17%，小单净流入9489.76万元、占成交额3.26%。 通过天眼查大数据分析，紫金矿业集团股份有限公司共对外投资了7 ...

近日，沙特阿拉伯工业和矿产资源部公布2024年首轮成矿区带投标项目结果，紫金矿业作为牵头单位与沙特阿吉兰兄弟矿业公司组成的联合体中标 JABAL SAYID – 2区块，面积1061平方千米，承诺勘查投入1.16亿元人民币（约6000万沙亚币）。这是紫金矿业首次参与海外绿地勘查项目投标。 Recently, the Ministry of Industry and Mineral Resources of Saudi Arabia announced the results of the first round of bidding for mineral exploration areas in 2024.Zijin Mining, as the lead entity of a consortium formed with Saudi Ajlan Brothers Mining Company, won the bid for the JABAL SAYID – 2 block, covering an area of 1,061 square kilometers, and has committed ...

2、多只龙头宽基ETF披露2024年年报，中央汇金的持仓动向随之曝光。以持有ETF总市值计算， 截至2024年末，中央汇金投资有限责任公司持有ETF总 市值为6616.97亿元，中央汇金资产管理有限责任公司持有ETF总市值为3821.84亿元，两家公司合计持有ETF总市值突破万亿元。 3、银行消费贷利率或将迎来重要变化。 部分股份行、国有大行地方分行人士透露，接到总行通知称，消费贷利率4月起上调，3%以下产品或被叫停。 今 年消费贷市场竞争激烈，个别银行产品利率低至2.4%，近期多家银行密集跟进政策举措，"松绑"相应消费贷产品。 // 热点聚焦 // 1、 交通银行、中国银行、建设银行和邮储银行齐齐发布公告称，董事会通过了向特定对象发行A股股票的议案，并对外发布关于财政部战略投资该行的 公告。财政部将以现金方式认购中国银行、建设银行全部新发行股份，并包揽交通银行、邮储银行超过九成的新发行股份，合计出资规模达5000亿元。 四家银行此番集中公告意味着财政部发行特别国债补充大行资本落地在即。交行特别指出，本次发行完成后，财政部持股比例超过30%，将成为该行控股 股东。而在本次发行完成前，交行无控股股东、实际控制人 ...

Investment Rating - The report maintains a "Buy" investment rating for the company [11] Core Views - The company's significant performance growth is attributed to the simultaneous increase in copper and gold production and effective cost control [5][6] - The company has a robust resource base with substantial increases in copper and gold reserves due to internal exploration and external acquisitions [7][8] - Multiple copper and gold expansion projects are progressing, indicating promising long-term growth potential [9][10] Summary by Relevant Sections Financial Performance - In 2024, the company achieved a total revenue of 303.64 billion yuan, a year-on-year increase of 3.49%, and a net profit attributable to shareholders of 32.05 billion yuan, up 51.76% year-on-year [4][11] - The fourth quarter of 2024 saw revenues of 73.24 billion yuan, a year-on-year increase of 7.09%, while net profit was 7.69 billion yuan, up 55.28% year-on-year [4] Production and Sales - In 2024, the company produced 1.068 million tons of copper, a 6.07% increase year-on-year, and 72.9 tons of gold, a 7.70% increase year-on-year [5] - The average selling prices for copper and gold products increased significantly, with copper concentrate, electrolytic copper, and gold ingots seeing price increases of 14.04%, 12.11%, and 23.16% respectively compared to 2023 [5][6] Resource Expansion - The company reported a total resource base of 110.37 million tons of copper and 39.73 million tons of gold, with significant increases in reserves due to exploration and acquisitions [8] - Recent acquisitions include the Arina copper-gold mine in Peru, adding 230 tons of gold and 2.78 million tons of copper to the resource base [8] Future Growth Prospects - The company plans to produce 333.69 billion yuan in revenue in 2025, with net profits projected at 41.39 billion yuan, reflecting a growth rate of 29.1% [11][13] - Expansion projects in Serbia and the Democratic Republic of Congo are expected to enhance copper production significantly in the coming years [9][10]

Core Viewpoint - Cangge Mining (藏格矿业) demonstrates strong resilience in performance, with significant contributions from its copper segment and a projected net profit exceeding 2.5 billion yuan for 2024, indicating ongoing high-quality development and new growth momentum [1] Financial Performance - In 2024, Cangge Mining achieved revenue of 3.251 billion yuan and a net profit attributable to shareholders of 2.580 billion yuan, with Q4 revenue reaching 927 million yuan, a quarter-on-quarter increase of 64.95% [1] - The company reported a total asset of 15.083 billion yuan, a 7.04% increase from the beginning of the year, and a net asset of 13.865 billion yuan, up 6.18% [1] Potassium and Lithium Operations - Cangge Mining produced 1.073 million tons of potassium chloride in 2024, achieving a completion rate of 102.19%, with sales of 1.045 million tons [2] - The potassium chloride segment generated revenue of 2.210 billion yuan with a gross margin of 44.83% [2] - The lithium carbonate production reached 11,566 tons with sales of 13,582 tons, a year-on-year increase of 31.7%, contributing 1.022 billion yuan in revenue and a gross margin of 45.44% [3] Copper Segment Contribution - The investment income from the associated company, Julong Copper, reached 1.928 billion yuan, accounting for 74.72% of the net profit, with a year-on-year increase of 48.72% [3] - Julong Copper's second-phase expansion is expected to be operational by the end of 2025, potentially doubling the copper production capacity [3] ESG and Social Responsibility - Cangge Mining has integrated social responsibility into its corporate values, receiving multiple awards for its contributions to community development and environmental sustainability [4] - The company initiated its first carbon inventory in 2024 and is committed to enhancing its ESG governance and green development practices [4] Shareholder Returns - Cangge Mining implemented a "dividend + buyback" strategy, distributing approximately 408 million yuan in mid-year dividends and accumulating a total cash dividend of 7.429 billion yuan from 2022 to 2024 [5] - The company has repurchased shares worth about 300 million yuan, successfully canceling 10.21 million shares [5] Strategic Collaboration with Zijin Mining - The acquisition by Zijin Mining is expected to enhance Cangge Mining's asset scale, resource reserves, and management efficiency, facilitating the achievement of international mining group standards [6] - The collaboration is anticipated to leverage both companies' strengths in lithium resource development and cost control [6] Resource Reserves and Future Outlook - Cangge Mining holds substantial resources, including potassium salt projects in Laos and lithium resources in the Marmizuo Salt Lake, which are expected to enhance economic benefits through potential technical cooperation with Zijin Mining [7] - The company aims to optimize its internal structure and expand its global operational management system, focusing on key resources like potassium and lithium to strengthen its competitive advantage [8]

Investment Rating - The investment rating for the company is "Buy" with a target price not specified [7] Core Views - The company achieved a revenue of 303.64 billion yuan in 2024, representing a year-on-year increase of 3.5%, and a net profit attributable to shareholders of 32.05 billion yuan, up 51.8% year-on-year [1][5] - The company benefits from rising copper and gold prices, with sales prices for copper and gold increasing by 13.7% and 28.2% respectively [2] - The company has successfully completed its production targets for major metals, with copper and gold production reaching historical highs [3] Financial Performance - Revenue and profit growth: The company reported a revenue of 303.64 billion yuan in 2024, with a net profit of 32.05 billion yuan, reflecting significant growth compared to previous years [1][5] - Cost control: The company maintained low production costs for copper and gold, with sales costs of 23,000 yuan per ton and 230.6 yuan per gram respectively, showing effective cost management [2] - Production and sales: The company achieved a copper production of 1.0685 million tons and gold production of 72.94 tons, with sales volumes increasing by 1.6% and 1.65% respectively [2] Resource and Capacity Expansion - Resource growth: The company reported significant increases in resource reserves, including 3.651 million tons of copper resources in Heilongjiang and 2.81 million tons of copper resources in Serbia [3] - Future production targets: The company aims to produce 1.15 million tons of copper and 85 tons of gold in 2025, with ongoing projects expected to enhance production capacity [4] Profit Forecast and Valuation - Profit forecasts: The company is expected to achieve net profits of 40.95 billion yuan, 45.35 billion yuan, and 51.02 billion yuan for 2025, 2026, and 2027 respectively, with corresponding PE ratios of 11.79, 10.64, and 9.46 [4][5] - Valuation metrics: The company’s current price-to-earnings ratio is 15.06, with a projected increase in earnings per share to 1.54 yuan by 2025 [5]

Investment Rating - The investment rating for the company is "Buy" with a target price not specified [7] Core Views - The company achieved a revenue of 303.64 billion yuan in 2024, representing a year-on-year increase of 3.5%, and a net profit attributable to shareholders of 32.05 billion yuan, up 51.8% year-on-year [1][5] - The company benefited from rising copper and gold prices, with sales prices for copper and gold increasing by 13.7% and 28.2% respectively [2] - The company has successfully completed its production targets for major metals, with copper and gold production reaching historical highs [3] Financial Performance - Revenue and profit growth: The company reported a revenue of 303.64 billion yuan in 2024, with a net profit of 32.05 billion yuan, reflecting significant growth compared to the previous year [1][5] - Cost control: The company maintained low production costs for copper and gold, with sales costs of 23,000 yuan per ton and 230.6 yuan per gram respectively, showing effective cost management [2] - Production targets: The company achieved 96.4% of its copper production target and 99.3% of its gold production target for 2024 [3] Future Outlook - Production goals for 2025 include 1.15 million tons of copper and 85 tons of gold, with ongoing projects expected to enhance production capacity [4] - The company is expected to achieve net profits of 40.95 billion yuan, 45.35 billion yuan, and 51.02 billion yuan for 2025, 2026, and 2027 respectively, reflecting a positive growth trajectory [4][5]

一路飙涨势如破竹，黄金现货价格突破3000美元/盎司，连涨三年价格近乎翻倍，而金矿行业又一次迎来的业绩狂欢。 智通财经APP了解到，近期金矿行业标的纷纷发布业绩预告，部分标的已经发布全年财报，业绩均非常抢眼，其中赤峰黄金、山东黄金以及招金 矿业（01818）收入均实现中高双位数增长，而净利润增幅更高，其中招金矿业股东净利润增长达111.35%。另外，潼关黄金（00340）作为金矿 开采标的，净利润更是翻了3倍。 行业业绩大幅增长的原因主要为贵金属价格的持续上涨，而连年创新高的黄金及白银价格为金矿行业带来了业绩增长周期，也为板块标的带来投 资机会。 不过市场青睐龙头，紫金矿业（02899）一直领涨板块，近期受黄金价格上升及行业业绩靓丽驱动，主力资金持续净流入，股价连续四周上涨， 涨幅超过30%。该公司财报显示，2024年实现营收3036亿元，同比仅增长3%，低于行业水平，但净利润321亿元，同比增长52%，处于行业中等 偏上水平。 收入增速放缓，但盈利创新高 从基本面来看，紫金矿业具有行业规模优势，在全球范围内从事铜、金、锌、锂等金属矿产资源的开发及生产，核心业务矿产金及矿产铜行业龙 头稳固，近五年来由于规模瓶 ...

Investment Rating - The report maintains a "Buy" rating for the company [4]. Core Views - In 2024, the company is expected to achieve operating revenue of 303.6 billion yuan, a year-on-year increase of 3.5%, and a net profit attributable to shareholders of 32.05 billion yuan, a year-on-year increase of 51.8% [2][3]. - The company's production of copper and gold is expected to grow by 6% and 8% respectively in 2024, with sales prices increasing by 14.2% and 28.2% [3][8]. - The total cash dividend for 2024 is projected to exceed 10 billion yuan for the first time [3][13]. Summary by Sections Financial Performance - The company achieved a net profit of 76.9 billion yuan in Q4 2024, representing a year-on-year increase of 55.3% but a quarter-on-quarter decrease of 17.0% [2]. - The company’s revenue and net profit for 2024 are projected to be 303.6 billion yuan and 32.05 billion yuan respectively, with significant growth rates anticipated in the following years [14]. Production and Cost Management - In 2024, the company’s copper production is expected to reach 1.07 million tons, and gold production is expected to be 73 tons, with respective year-on-year growth rates of 6% and 8% [3][8]. - The company has maintained a competitive edge in cost management, with copper production costs decreasing by 1.5% to approximately 22,900 yuan per ton, while gold production costs increased by 3.4% to about 231 yuan per gram [9]. Resource Advantages - The company holds significant resource reserves, with proven, controlled, and inferred total resources exceeding 110 million tons of copper and 4,000 tons of gold, establishing a strong competitive position in the industry [3]. Future Outlook - The company is expected to continue its growth trajectory, with net profits projected to reach 39.3 billion yuan, 45.8 billion yuan, and 52.1 billion yuan from 2025 to 2027, corresponding to price-to-earnings ratios of 12.29, 10.56, and 9.28 respectively [13][14].