China Rare Earth Resources And Technology (000831) H2 2025 earnings summary

Executive summary

• Achieved revenue of ¥3.18 billion in 2025, up 5.11% year-over-year; net profit attributable to shareholders was ¥172.58 million, a 160.15% increase year-over-year.

• Operating cash flow turned positive to ¥465.84 million from a negative ¥594.10 million last year.

• Gross margin for the rare earth segment was 16.65%, up 0.90 percentage points year-over-year.

• Proposed a cash dividend of ¥0.29 per 10 shares, totaling ¥30.78 million.

Financial highlights

• Revenue: ¥3.18 billion (+5.11% YoY); net profit: ¥172.58 million (+160.15% YoY); EPS: ¥0.1626.

• Operating cash flow: ¥465.84 million (+178.41% YoY); total assets: ¥5.74 billion (+4.57% YoY).

• Gross margin: 16.65% (rare earth segment); net margin improved significantly.

• Non-recurring items contributed ¥12.58 million to net profit.

Outlook and guidance

• Industry consolidation and high-quality development to continue; China maintains global leadership in rare earth supply chain.

• Focus on resource security, cost control, technological innovation, and value creation in 2026.

• Risks include macroeconomic volatility, raw material supply, market price fluctuations, and regulatory changes.