Yunnan Tin Company (000960) Q1 2026 earnings summary

Executive summary

• Achieved significant growth in Q1 2026, with revenue up 59.86% and net profit attributable to shareholders up 73.71% year-over-year, driven by higher prices and sales volumes of tin, copper, and zinc products.

• Total assets increased 13.06% from year-end 2025, and net assets attributable to shareholders rose 4.39%.

• Non-ferrous metal production reached 94,100 tons, including 25,900 tons of tin, 34,700 tons of copper, and 33,600 tons of zinc.

Financial highlights

• Q1 2026 revenue: ¥15.55 billion, up 59.86% year-over-year.

• Net profit attributable to shareholders: ¥867.59 million, up 73.71% year-over-year.

• Basic and diluted EPS: ¥0.5178, up from ¥0.2939 in Q1 2025.

• Operating cash flow: -¥345.94 million, down 154.08% year-over-year due to increased margin payments.

• Total assets at quarter-end: ¥45.49 billion, up 13.06% from year-end 2025.

Outlook and guidance

• Management expects continued benefit from favorable market prices and ongoing operational improvements.