JCHX Mining Management (603979) Q3 2025 earnings summary

Executive summary

• Achieved strong revenue and profit growth in the first nine months of 2025, driven by increased mining resource development output and effective cost control measures.

• Mining resource development contributed significantly to both revenue and gross profit, with notable expansion in copper and phosphate production and sales.

Financial highlights

• Operating revenue for Q3 2025 reached RMB 3.62 billion, up 34.07% year-over-year; year-to-date revenue was RMB 9.93 billion, up 42.50%.

• Net profit attributable to shareholders for Q3 was RMB 642 million, up 33.68% year-over-year; year-to-date net profit was RMB 1.75 billion, up 60.37%.

• Basic EPS for the first nine months was RMB 2.81, up from RMB 1.78 in the prior year period.

• Operating cash flow for the first nine months was RMB 2.61 billion, up 91.82% year-over-year.

• Total assets at period end were RMB 19.62 billion, up 15.56% from the previous year-end.

Outlook and guidance

• Mining resource development is expected to remain the primary growth driver, with production and sales volumes of copper and phosphate continuing to expand.

• Ongoing optimization of mining operations and cost management are anticipated to support further profitability improvements.