Xizang Mineral Development (000762) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 was ¥69.12 million, down 64.54% year-over-year; YTD revenue was ¥202.85 million, down 65.45% year-over-year.

• Net profit attributable to shareholders in Q3 was ¥8.09 million, down 80.36% year-over-year; YTD net loss was ¥7.22 million, compared to a profit last year.

• Excluding non-recurring items, Q3 net profit was ¥3.51 million, down 90.96% year-over-year; YTD loss was ¥19.49 million.

Financial highlights

• Gross margin and operating income declined sharply due to lower product sales volume and prices.

• Basic and diluted EPS for Q3 were ¥0.016, down 79.75% year-over-year; YTD EPS was -¥0.014.

• Cash flow from operations for Q3 was ¥65.49 million, down 83.30% year-over-year.

• Total assets at quarter-end were ¥7.45 billion, up 0.14% from year-end 2024.

• Shareholders’ equity was ¥2.94 billion, down 0.96% from year-end 2024.

Outlook and guidance

• Management attributes declines to lower product sales and prices, with no explicit forward guidance provided.