Jiangxi Copper Company (358) Q3 2025 earnings summary

Executive summary

• Revenue for the reporting period reached RMB 139.09 billion, up 14.09% year-over-year, with net profit attributable to shareholders rising 35.20% to RMB 1.85 billion for the quarter and 20.85% to RMB 6.02 billion for the first nine months.

• Net profit after non-recurring items surged 102.16% year-over-year for the quarter, reflecting significant improvement in core profitability.

• Total assets increased 21.94% to RMB 235.5 billion as of September 30, 2025, while equity attributable to shareholders rose 4.79% to RMB 81.68 billion.

Financial highlights

• Basic earnings per share for the quarter was RMB 0.54, up 35% year-over-year; for the first nine months, it was RMB 1.74, up 20.83%.

• Net cash flows from operating activities for the first nine months soared 1,411.78% to RMB 6.29 billion, mainly due to reduced cash outflows.

• Total operating revenue for the first three quarters was RMB 396.05 billion, up 0.98% year-over-year.

• Total operating costs for the first three quarters were RMB 387.55 billion, up 1.17% year-over-year.

• Net profit attributable to shareholders for the first three quarters was RMB 6.02 billion, up 20.85% year-over-year.

Outlook and guidance

• Profit growth was mainly driven by favorable price changes in main products and improved non-recurring profit and loss items.