Zhaojin Mining Industry Company (1818) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 4.46 billion, up from RMB 3.04 billion in Q1 2025, reflecting strong year-over-year growth.

• Net profit attributable to owners was RMB 1.19 billion, a significant increase from RMB 659 million in the prior year period.

• Basic earnings per share rose to RMB 0.32 from RMB 0.17 year-over-year.

Financial highlights

• Gross profit improved as cost of sales increased at a slower rate than revenue, supporting margin expansion.

• Operating income nearly doubled to RMB 1.90 billion from RMB 1.00 billion year-over-year.

• Net cash flows from operating activities were RMB 1.87 billion, indicating robust cash generation.

• Total assets increased to RMB 61.17 billion as of March 31, 2026, up from RMB 57.15 billion at year-end 2025.

Outlook and guidance

• The company continues to invest in technology and innovation, as evidenced by the issuance of science and technology innovation bonds.