Zhongjin Gold Corp. (600489) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 22.59 billion, up 52.01% year-over-year, driven by higher gold prices and stable sales volume.

• Net profit attributable to shareholders was RMB 2.38 billion, a 129.23% increase year-over-year.

• Performance improvement attributed to enhanced profitability in the mineral gold business and ongoing cost control initiatives.

Financial highlights

• Operating income: RMB 22.59 billion, up 52.01% year-over-year.

• Net profit attributable to shareholders: RMB 2.38 billion, up 129.23% year-over-year.

• Basic and diluted EPS: RMB 0.49, up from RMB 0.21 year-over-year.

• Total assets at quarter-end: RMB 69.75 billion, up 11.51% from year-end 2025.

• Net cash flow from operating activities: -RMB 2.17 billion, compared to -RMB 1.96 billion last year.

Outlook and guidance

• Continued focus on cost management and efficiency improvements to sustain profitability.

• Expectation of stable production and sales volumes, with ongoing benefits from higher gold prices.