Yunnan Chihong Zinc & Germanium (600497) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 6.36 billion, up 23.66% year-over-year, with net profit attributable to shareholders rising 33.88% to RMB 661.85 million.

• Significant production increases in lead-zinc, silver, and gold, driven by stable operations and new project ramp-up.

Financial highlights

• Operating income: RMB 6.36 billion, up 23.66% year-over-year.

• Net profit attributable to shareholders: RMB 661.85 million, up 33.88% year-over-year.

• Basic and diluted EPS: RMB 0.1313, up 35.22% year-over-year.

• Operating cash flow: RMB 881.14 million, down 22.17% year-over-year.

• Total assets at quarter-end: RMB 27.26 billion, up 5.25% from year-end 2025.

Outlook and guidance

• Lead-zinc production expected to remain at full capacity, with new precious metals project contributing to output.