Jinduicheng Molybdenum (601958) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 4.16 billion, up 26.67% year-over-year, with net profit attributable to shareholders rising 32.99% to RMB 901.62 million.

• Main molybdenum product prices increased year-over-year, supporting profit growth alongside expanded market development and new product R&D.

• The company maintained a stable and improving operational trend, focusing on quality and efficiency enhancement.

Financial highlights

• Operating income: RMB 4.16 billion, up 26.67% year-over-year.

• Net profit attributable to shareholders: RMB 901.62 million, up 32.99% year-over-year.

• Basic and diluted EPS: RMB 0.279, up 32.86% year-over-year.

• Operating cash flow turned positive to RMB 114.78 million from negative RMB 420.03 million in Q1 2025.

• Total assets at quarter-end: RMB 24.02 billion, up 5.47% from year-end 2025.

Outlook and guidance

• The company warns of ongoing market uncertainties and advises investors to be mindful of investment risks.