Shanjin International Gold (000975) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached ¥9.66 billion, up 4.47% year-over-year; net profit attributable to shareholders was ¥2.42 billion, up 51.43% year-over-year.

• Operating cash flow increased 17.13% to ¥3.07 billion; basic and diluted EPS were ¥0.8712, up 51.59% year-over-year.

• The company maintained a strong focus on resource expansion, project execution, technological innovation, and ESG leadership.

• Major projects advanced domestically and internationally, including the Osino Twin Hills project in Namibia.

Financial highlights

• Operating profit rose 54.37% year-over-year to ¥3.57 billion; total assets at period-end were ¥24.68 billion, up 19.68% from year-end 2025.

• Net assets attributable to shareholders increased 6.72% to ¥15.92 billion.

• Gross margin for mining operations exceeded 80%; AISC for gold remained in the global top 10%.

• Non-recurring gains totaled ¥31.3 million, mainly from government grants and fair value changes.

Outlook and guidance

• The company will continue to focus on cost control, efficiency, resource acquisition, and international expansion.

• No interim dividend, bonus shares, or capital increase from reserves planned for H1 2026.

• Ongoing H-share listing process to support global capital strategy.