MMG Limited

HKSE 1208.HK

MMG Limited Debt to Equity Ratio for the year ending December 31, 2023: 2.29

MMG Limited Debt to Equity Ratio is 2.29 for the year ending December 31, 2023, a -11.91% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • MMG Limited Debt to Equity Ratio for the year ending December 31, 2022 was 2.60, a -22.07% change year over year.
  • MMG Limited Debt to Equity Ratio for the year ending December 31, 2021 was 3.33, a -57.44% change year over year.
  • MMG Limited Debt to Equity Ratio for the year ending December 31, 2020 was 7.83, a 1.70% change year over year.
  • MMG Limited Debt to Equity Ratio for the year ending December 31, 2019 was 7.70, a 18.97% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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HKSE: 1208.HK

MMG Limited

CEO Mr. Liang Cao
IPO Date Jan. 21, 2004
Location Australia
Headquarters 28 Freshwater Place
Employees 5,092
Sector Materials
Industries
Description

MMG Limited, an investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits in Australia and internationally. It operates through Las Bambas, Kinsevere, Dugald River, Rosebery, and Other segments. The company holds a 62.5% interest in the Las Bambas open-pit copper and molybdenum mine located in Cotabambas, Apurimac region of Peru; and 100% interest in the Kinsevere open-pit copper mine in the Haut-Katanga province of the Democratic Republic of the Congo. It also holds a 100% interest in the Dugald River underground zinc mine located near Cloncurry in North West Queensland; and the Rosebery underground polymetallic base metal mine located on Tasmania's west coast. The company was formerly known as Minmetals Resources Limited and changed its name to MMG Limited in September 2012. MMG Limited was incorporated in 1988 and is headquartered in Southbank, Australia. MMG Limited is a subsidiary of China Minmetals Corporation.

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StockViz Staff

January 15, 2025

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