Core Insights - The company reported a total revenue of 72.643 billion yuan for Q3 2025, ranking 8th among disclosed peers, with a year-on-year increase of 5.21% [1] - The net profit attributable to shareholders was -215 million yuan, an increase of 96.087 million yuan compared to the same period last year [1] - The net cash inflow from operating activities was 6.060 billion yuan, also ranking 8th among peers, with a significant increase of 6.419 billion yuan year-on-year [1] Financial Metrics - The latest debt-to-asset ratio stands at 65.91% [3] - The gross profit margin is 5.67%, up by 0.12 percentage points from the previous quarter and 0.96 percentage points from the same period last year, marking two consecutive years of growth [3] - The return on equity (ROE) is -1.39%, an improvement of 0.66 percentage points compared to the same period last year [3] Earnings and Turnover - The diluted earnings per share are -0.03 yuan, an increase of 0.01 yuan from the same period last year [4] - The total asset turnover ratio is 1.40 times, ranking 13th among peers, with a year-on-year increase of 0.93% [4] - The inventory turnover ratio is 4.10 times, up by 2.88% year-on-year [4] Shareholder Structure - The number of shareholders is 180,700, with the top ten shareholders holding 5.584 billion shares, accounting for 75.42% of the total share capital [4] - The largest shareholder is CITIC Guoan Industrial Group Co., Ltd., holding 30.39% [4]

Company Overview - Baiyin Nonferrous (SH 601212) announced on October 28, 2025, that its 28th meeting of the fifth board of directors was held via telecommunication, where proposals regarding the reduction of equity stakes in affiliated companies were reviewed [1] Financial Performance - For the first half of 2025, Baiyin Nonferrous reported that its revenue composition was as follows: 67.92% from nonferrous metal mining, smelting, and sales; 28.85% from nonferrous metal trading; 2.39% from other businesses; 0.71% from nonferrous metal services; and 0.13% from other sources [1] Market Position - As of the report date, Baiyin Nonferrous had a market capitalization of 38.7 billion yuan [1]

产品方面，公司核心产品铜、锌、铅产量合计达61.2万吨，同比增长4.78%。其中，阴极铜产量29.61万 吨，同比增长7.93%；电铅产量1.96万吨，增幅达34.27%。贵金属板块表现尤为突出，黄金产量1.91 吨，同比增长56%；白银产量435.62吨，同比增长20.37%。硫酸等副产品产量也保持稳健增长。产销协 同效应增强，主要产品销量同比均有不同程度提升，尤其是黄金销量同比增长102.73%，显示出公司市 场拓展与产品去库存能力进一步增强。 10月28日晚间，白银有色（601212）发布2025年第三季度报告。报告显示，公司今年前三季度整体经营 稳中向好，主要产品产销量实现稳步增长，营业收入与利润水平显著提升，展现出较强的盈利能力和经 营韧性。 2025年1—9月，公司实现营业收入726.43亿元，同比增长5.21%；其中第三季度单季营业收入达280.84 亿元，同比大幅增长70.72%。利润总额方面，前三季度累计实现9.83亿元，同比增长30.14%；第三季度 单季利润总额为5.50亿元，同比增幅高达1018.02%，凸显出公司主营业务在价格回升与销量增长双重驱 动下的强劲复苏势头。 随着全球经济绿 ...

Core Insights - The company reported a total operating revenue of 72.643 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 5.21% [1] - The net profit attributable to shareholders of the parent company was -215 million yuan, which is a reduction in losses by 96.0879 million yuan compared to the same period last year [1] - The basic earnings per share stood at -0.029 yuan [1]

证券代码：601212 证券简称：白银有色 公告编号：2025—临 059 号 白银有色集团股份有限公司 关于对外捐赠的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 1 白银有色集团股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召 开第五届董事会第二十八次会议审议通过《关于向定西市陇西县地震灾区捐款的 提案》，具体情况如下： 2025 年 9 月 27 日甘肃省定西市陇西县发生 5.6 级地震，造成陇西县、漳县 30 个乡镇受灾。为贯彻落实甘肃省委、省政府和省政府国资委有关抗震救灾工 作的决策部署，积极履行社会责任，公司拟向定西市陇西县地震灾区捐款 500 万元，用于帮助灾区人民渡过难关、重建家园。本次拟捐赠金额 500 万元，加上 本年度前期已捐赠金额 615 万元，累计捐赠金额预计为 1115 万元，按照公司《对 外捐赠管理制度》的规定，本次事项尚需提交股东会审议。 本次对外捐赠不会对公司的生产经营产生重大不利影响，不涉及关联交易， 不存在损害公司及其他股东特别是中小股东利益的情形。 特 ...

白银有色集团股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日召开 第五届董事会第二十八次会议，审议通过《2025 年第三季度计提资产减值准备 的提案》。现将本次计提资产减值准备的具体情况公告如下： 证券代码：601212 证券简称：白银有色 公告编号：2025—临 061 号 白银有色集团股份有限公司 2025 年第三季度计提资产减值准备的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 四、相关会议审议情况 一、本次计提资产减值准备的情况概述 根据《企业会计准则》和公司相关会计政策规定，对公司期末存货进行减值 测试，根据测试结果调整存货减值准备余额，减少公司第三季度归属母公司所有 者净利润 1,966.53 万元。 二、本次计提资产减值的依据、数额和原因说明 公司以2025年9月末有色金属市场价格计算的存货可变现净值与成本比较， 期末存货跌价准备余额为 22,664.10 万元，2025 年第三季度计提存货跌价准备 1,966.53 万元（不含汇率影响）。 三、本次计提减值对公司财务状况及经营成 ...

证券代码：601212 证券简称：白银有色 公告编号：2025—临 060 号 白银有色集团股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 会议召开时间：2025 年 11 月 21 日（星期五）上午 11:00-12:00 会议召开地点：上海证券交易所上证路演中心（网址：https://roadsh ow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 11 月 14 日（星期五）至 11 月 20 日（星期四）16: 00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 bygs @bynmc.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 白银有色集团股份有限公司（以下简称"公司"）已于 2025 年 10 月 29 日发 布公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第三季度经营成果、财务状况，公司计划于 2025 年 11 月 ...

证券代码：601212 证券简称：白银有色 公告编号：2025—临 058 号 白银有色集团股份有限公司 第五届董事会第二十八次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、董事会会议召开情况 白银有色集团股份有限公司（以下简称"公司"）于 2025 年 10 月 17 日通 过电子邮件或书面等方式向公司全体董事发出召开第五届董事会第二十八次会 议的通知。公司第五届董事会第二十八次会议于 2025 年 10 月 28 日以通讯方式 召开。会议应出席董事 12 名，实际出席董事 12 名。本次会议由公司董事长王普 公先生主持召开。会议的召集、召开、审议程序符合《中华人民共和国公司法》 等法律法规及《公司章程》的有关规定，会议形成的决议合法有效。 二、董事会会议审议情况 表决结果：同意12票，反对0票，弃权0票。 1 （三）审议通过《关于向定西市陇西县地震灾区捐款的提案》 （一）审议通过《2025年第三季度报告》 具体详见公司同日在上海证券交易所官方网站上披露的《白银有色集团股份 有限公司2025年第三季 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥28,084,277,017.39, an increase of 70.72% compared to the same period last year[4] - Total profit for the quarter was ¥549,766,139.23, reflecting a significant increase of 1,018.02% year-on-year[4] - The net profit attributable to shareholders was ¥2,241,153.27, a recovery from a loss of ¥214,872,843.70 in the previous year[4] - Total operating revenue for the first three quarters of 2025 reached ¥72.64 billion, an increase of 5.5% compared to ¥69.05 billion in the same period of 2024[22] - Net profit for the first three quarters of 2025 was ¥390.96 million, compared to ¥220.47 million in 2024, representing a significant increase of 77.4%[23] - The company reported a comprehensive income total of ¥497.33 million for the first three quarters of 2025, down from ¥723.97 million in 2024, a decrease of 31.3%[24] Cash Flow - Cash flow from operating activities for the quarter was ¥781,891,853.26, with a total of ¥6,059,521,887.76 year-to-date[4] - The cash inflow from operating activities for the first three quarters of 2025 was CNY 85.60 billion, an increase of 7.3% compared to CNY 79.74 billion in the same period of 2024[26] - The net cash flow from operating activities was CNY 6.06 billion, a significant recovery from a negative CNY 359 million in the first three quarters of 2024[26] - The cash inflow from financing activities totaled CNY 13.17 billion, an increase from CNY 12.48 billion in the previous year[27] - The ending cash and cash equivalents balance was CNY 7.11 billion, up from CNY 3.99 billion year-on-year[27] Assets and Liabilities - The company's total assets increased by 5.11% to ¥53,179,532,643.70 compared to the end of the previous year[5] - The company's total liabilities decreased by 29.49% in short-term borrowings, reflecting improved cash management[10] - The total liabilities increased to ¥35.05 billion in 2025 from ¥32.18 billion in 2024, marking an increase of 8.7%[19] - Non-current liabilities rose to ¥11.46 billion in 2025, compared to ¥7.69 billion in 2024, reflecting a significant increase of 49.5%[19] - The company's long-term equity investments amounted to ¥566,120,843.52 as of September 30, 2025, compared to ¥534,772,115.72 at the end of 2024[17] Production and Sales - The total production of copper, zinc, and lead products reached 612,000 tons from January to September 2025, an increase of 4.78% year-on-year, with cathode copper production at 296,100 tons, up 7.93%[14] - The sales volume of copper, zinc, and lead (excluding trade) totaled 579,300 tons, with copper sales at 290,000 tons, a year-on-year increase of 2.26%[15] - The production of gold increased by 56% year-on-year, totaling 1.91 tons, with the first gold production in the same period at 1.56 tons[14] - The production of silver reached 435.62 tons, reflecting a year-on-year increase of 20.37%[14] - The company reported a significant increase in lead production, with a total of 19,600 tons produced, up 34.27% year-on-year[14] Research and Development - Research and development expenses rose by 81.61% year-on-year, indicating increased investment in innovation[10] - Research and development expenses increased to ¥262.56 million in 2025, up 81.8% from ¥144.58 million in 2024, indicating a strong focus on innovation[22] Outlook and Strategy - The company plans to expand its market presence and enhance product offerings, focusing on new technologies and strategic acquisitions[10] - The company has indicated a positive outlook for the upcoming quarters, driven by increased sales volume and favorable market conditions[10]

白银有色公告，第三季度营收为280.84亿元，同比增长70.72%；净利润为224.12万元。前三季度营收为 726.43亿元，同比增长5.21%；净利润亏损2.15亿元。 ...