Zhongjin Gold Corp. (600489) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 24.87% YoY to RMB 23.61bn; profit before tax increased 77.83% to RMB 2.765bn and attributable net income rose 35.39% to RMB 1.332bn.

• 9M revenue increased 23.37% YoY to RMB 66.592bn, while attributable net income grew 54.64% to RMB 5.689bn.

Financial highlights

• 9M total profit reached RMB 9.372bn, up 66.29% YoY; net income was RMB 7.095bn versus RMB 4.700bn a year earlier.

• 9M operating cash flow was RMB 1.348bn, down 7.87% YoY; cash and cash equivalents ended the period at RMB 14.374bn.

• Total assets were RMB 73.667bn at Sept. 30, up 17.77% from year-end 2025; parent-attributable equity was RMB 33.856bn, up 11.64%.

Segment performance

• 9M mined gold production was 12,834.93 kg, down 6.66% YoY; sales were 12,444.94 kg, down 7.13%.

• 9M smelted gold production was 26,027.27 kg, down 6.61%; sales were 25,931.20 kg, down 4.80%.

• 9M mine copper production was 5.33 ten-thousand tonnes, up 6.60%; sales were 5.21 ten-thousand tonnes, up 2.76%.

• 9M electrolytic copper production was 30.96 ten-thousand tonnes, up 1.74%; sales were 30.64 ten-thousand tonnes, up 4.75%.