JCHX Mining Management (603979) Q1 2026 earnings summary

Executive summary

• Revenue rose 21.45% year-over-year to ¥3.41 billion, with net profit attributable to shareholders up 42.55% to ¥601 million, driven by higher sales volumes and copper price increases.

• Cash flow from operations increased 52.77% year-over-year to ¥754 million.

• Major business segments: mining services and resource development, with resource development showing stronger growth in both revenue and gross profit.

• Acquisition of remaining 50% equity in CMH, expanding copper, silver, and gold resource base.

Financial highlights

• Operating income: ¥813.5 million, up 26.89% year-over-year.

• Basic EPS: ¥0.96, up 41.18%; diluted EPS: ¥0.90, up 38.46%.

• Total assets at quarter-end: ¥22.39 billion, up 0.72% from year-end.

• Shareholders’ equity: ¥11.64 billion, up 4.44% from year-end.

• Non-recurring profit and loss contributed ¥3.72 million.

Outlook and guidance

• Continued growth expected from increased mining output and favorable commodity prices.

• Integration of newly acquired assets to further enhance resource development segment.