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China Graphite Group (2237) investor relations material
China Graphite Group H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
1H 2026 revenue fell 17.3% YoY to RMB32.871m; gross profit rose 23.3% to RMB7.368m and net loss narrowed to RMB9.879m from RMB11.890m.
Cost controls, improved ore quality and production efficiency lifted gross margin to 22.4% from 15.0%.
Financial highlights
Cost of sales fell 24.6% to RMB25.503m; operating loss narrowed to RMB8.647m from RMB10.766m, and loss before tax was RMB10.023m versus RMB11.901m.
Basic and diluted loss per share improved to RMB0.62 cents from RMB0.74 cents; no interim dividend was recommended.
Net cash generated from operations was RMB39.004m versus RMB54.353m; cash and cash equivalents were RMB35.830m at period-end, down from RMB50.460m at 2025 year-end.
Segment performance
Flake graphite concentrate revenue fell 22.8% to RMB23.429m and sales volume declined 23.9% to 9,446 tonnes; gross profit rose to RMB7.532m and margin to 32.1% from 20.4%.
Spherical graphite and by-product revenue rose 70.8% to RMB8.153m; spherical graphite volume increased 11.5% to 786 tonnes, while the segment recorded a RMB0.196m gross loss and 2.4% negative margin.
Unprocessed marble revenue fell to RMB1.289m from RMB4.636m as local construction slowed; gross profit was RMB0.032m and margin 2.5%.
- Weak graphite demand drove an H1 loss, while July revenue signaled recovery.2237
H1 2023 - H2 recovery softened a weak year as expansion plans shift toward scale and downstream materials.2237
H2 2023 - Revenue fell 29.5% as weaker spherical graphite demand drove a RMB12.5m net loss.2237
H2 2024 - Weak demand and export controls widened H1 losses despite higher flake concentrate volumes.2237
H1 2024 - Revenue growth and cost controls restored profitability amid weak natural graphite markets.2237
H2 2025 - Flake graphite growth and higher margins narrowed the H1 loss to RMB11.890m.2237
H1 2025
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