Sinomine Resource Group (002738) Q4 2025 earnings summary

Executive summary

• Achieved revenue of ¥6.55 billion in 2025, up 22.02% year-over-year, with net profit attributable to shareholders of ¥457.64 million, down 39.54% year-over-year.

• Cash flow from operations increased 220.34% year-over-year to ¥1.60 billion.

• Board proposes a cash dividend of ¥5.00 per 10 shares, totaling ¥360.75 million.

Financial highlights

• Gross margin improved in lithium business by ~6 percentage points year-over-year.

• Basic and diluted EPS were ¥0.6343, down 39.58% year-over-year.

• Total assets at year-end were ¥18.20 billion, up 5.88% from prior year.

• Net assets attributable to shareholders remained stable at ¥12.18 billion.

• Major non-recurring gains included ¥81.23 million from asset disposals and ¥31.81 million in government grants.

Outlook and guidance

• Plans to increase lithium extraction capacity to 100,000 tons LCE/year within 2 years and 150,000 tons LCE/year within 5 years.

• Copper production capacity targeted at 50,000 tons/year in 2 years, 100,000 tons/year in 5 years.

• Will continue to expand rare metals portfolio and invest in global resource acquisition.

• 2026 focus: bring Kitumba copper mine and Tsumeb multi-metal recycling project into production.