)
Xiamen Tungsten Co (600549) investor relations material
Xiamen Tungsten Co Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved consolidated revenue of RMB 35.01 billion in H1 2026, up 81.70% year-over-year; net profit attributable to shareholders reached RMB 2.20 billion, up 127.04% year-over-year.
All core business segments—tungsten & molybdenum, rare earths, and new energy materials—delivered strong revenue and profit growth.
Proposed interim cash dividend of RMB 4.2 per 10 shares, totaling RMB 666.79 million, representing 30.30% of H1 net profit.
Financial highlights
Operating income: RMB 35.01 billion, up 81.70% year-over-year.
Net profit attributable to shareholders: RMB 2.20 billion, up 127.04% year-over-year.
Operating cash flow: -RMB 2.46 billion, down from RMB 824 million in H1 2025, mainly due to increased working capital needs.
Basic and diluted EPS: RMB 1.3862, up 127.06% year-over-year.
Gross margin and profitability improved across major product lines.
Outlook and guidance
Focus on expanding upstream resource control and downstream high-value product lines.
Continue global capacity expansion, digital transformation, and industrial chain integration.
Maintain emphasis on R&D, green manufacturing, and supply chain resilience.
- Revenue and net profit surged over 30% and 34% year-over-year, with robust growth across all segments.600549
Q4 2025 - Q1 revenue and net profit soared year-over-year, but operating cash flow turned negative.600549
Q1 2026 - Q3 net profit surged 109.85% year-over-year on strong revenue and higher raw material prices.600549
Q3 2025 - Revenue up 11.75% YoY, net profit down 4.41%, adjusted profit up 7.75%.600549
Q2 2025 - Net profit surged 20.8% despite a 10.7% revenue drop, led by tungsten and real estate gains.600549
Q3 2024 - Net profit rose 28.5% to ¥1.02B in H1 2024, driven by tungsten-molybdenum strength.600549
Q2 2024 - Q1 2025 saw modest revenue growth but lower profit and negative operating cash flow.600549
Q1 2025 - Net profit grew 8.60% year-over-year despite a 10.48% revenue decline in 2024.600549
Q4 2024
Next Xiamen Tungsten Co earnings date
Next Xiamen Tungsten Co earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Explore our global coverage