Sinomine Resource Group (002738) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 reached ¥1.55 billion, up 35.19% year-over-year; year-to-date revenue was ¥4.82 billion, up 34.99% year-over-year.

• Net profit attributable to shareholders in Q3 was ¥115.09 million, up 58.18% year-over-year; year-to-date net profit was ¥204.22 million, down 62.58% year-over-year.

• Excluding non-recurring items, Q3 net profit was ¥114.60 million, up 488.28% year-over-year; year-to-date adjusted net profit was ¥122.11 million, down 70.60% year-over-year.

• Operating cash flow for the first nine months was ¥491.71 million, up 392.18% year-over-year.

Financial highlights

• Gross margin declined as cost of sales increased 68.04% year-over-year, outpacing revenue growth.

• Basic and diluted EPS for Q3 were ¥0.1595, up 58.08% year-over-year; year-to-date EPS was ¥0.2831, down 62.57% year-over-year.

• Total assets at Q3-end were ¥18.19 billion, up 5.77% from year-end 2024.

• Shareholders’ equity was ¥12.01 billion, down 1.38% from year-end 2024.

Outlook and guidance

• Ongoing investments in copper and lithium projects are expected to enhance future production capacity and competitiveness.

• Upgrades to lithium salt production lines aim to increase annual capacity to 71,000 tons, strengthening market position.