Inner Mongolia Xingye Silver & Tin Mining (000426) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached ¥4.28 billion, up 73.13% year-over-year, driven by higher silver and tin output and favorable market prices.

• Net profit attributable to shareholders was ¥2.26 billion, up 184.42% year-over-year.

• Cash flow from operations increased 28.40% to ¥2.11 billion.

• Major acquisitions included full ownership of Xing Longshan Mining and a controlling stake in Far East Gold Limited.

• The company maintained its position as Asia's largest silver resource holder and China's second-largest tin producer.

Financial highlights

• Operating income: ¥4.28 billion, up 73.13% year-over-year.

• Net profit attributable to shareholders: ¥2.26 billion, up 184.42% year-over-year.

• Basic and diluted EPS: ¥1.2745, up 184.42% year-over-year.

• Gross margin for mining segment: 68.76%.

• Total assets at period end: ¥19.80 billion, up 15.42% from year-end 2025.

• Net assets attributable to shareholders: ¥11.54 billion, up 21.60% from year-end 2025.

Outlook and guidance

• The company plans to continue expanding its global resource base, with ongoing acquisitions and exploration.

• H-share listing on the Hong Kong Stock Exchange is being pursued to enhance international capital access.

• Focus remains on operational efficiency, safety, and environmental compliance.