Company Overview - China Jinshi Mining Holdings Limited was initially registered in the Cayman Islands and later changed its registration to Bermuda in 2016 [2] - The company is primarily engaged in the production and sale of marble slag and the trading of marble slabs, focusing on marble slag mining [2] - It owns the largest reserve of beige marble in China, located in Jiangyou City, Sichuan Province [2] Financial Performance - As of December 31, 2024, the company reported total revenue of 48.889 million yuan, a year-on-year decrease of 16.42% [1] - The net profit attributable to shareholders was -85.301 million yuan, reflecting a year-on-year decline of 43.12% [1] - The gross profit margin stood at 23.17%, with a debt-to-asset ratio of 43.58% [1] Stock Performance - As of July 9, the stock price was 0.186 HKD per share, marking an increase of 16.25% with a trading volume of 7.956 million shares and a turnover of 1.3383 million HKD [1] - Over the past month, the stock has seen a cumulative increase of 25%, but it has declined by 1.84% year-to-date, underperforming the Hang Seng Index, which has risen by 20.38% [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the general metals and minerals industry is -2.67 times, with a median of -0.16 times [1] - China Jinshi's P/E ratio is -0.61 times, ranking 64th in the industry [1] - Other companies in the industry have P/E ratios ranging from 2.63 to 3.42 times [1] Corporate Actions - On July 2, 2025, the company completed a placement of 14.2 million new shares, representing 4.03% of the enlarged share capital, at a price of 0.17 HKD per share [3]