CITIC Metal Co. Ltd. A

CITIC Metal released its 2026 interim report, with net profit attributable to the parent company of 2.673 billion yuan, up 84.55% from the same period last year, marking a third consecutive year of growth. Total operating revenue was 86.911 billion yuan, up 36.53% year on year. Net cash inflow from operating activities was 9.972 billion yuan, up 468.89% year on year. The latest asset-liability ratio was 52.77%, down 4.90 percentage points from the previous quarter. Gross margin was 1.80%, return on equity was 10.79%, and diluted earnings per share was 0.55 yuan. The company had 62,900 shareholders, with the top ten shareholders holding 91.38% of total share capital.

CITIC Metal disclosed its 2026 semi-annual report, with first-half net profit attributable to the parent of 2.673 billion yuan, up 84.55% year on year. During the reporting period, the company achieved total operating revenue of 86.911 billion yuan, up 36.53% year on year, and basic earnings per share of 0.55 yuan. The company said it accurately seized market opportunities, accelerated volume growth in its advantageous businesses, unlocked value from key projects, and coordinated efforts across all business segments, with overall first-half profitability approaching the full-year performance of 2025 and setting a record high for the same period in history.

CITIC Metal has issued a profit forecast, estimating that net profit attributable to the parent company for the first half of 2026 will be between 2.50 billion yuan and 2.75 billion yuan, representing a year-on-year increase of 72.61% to 89.87%. The company stated that the profit growth is mainly due to improved profitability in its trading business and sustained growth in equity profits from investment projects.