Ge Long Hui·2025-08-26 11:46Core Viewpoint - Zijin Mining (02899.HK) reported record-high performance indicators for the first half of 2025, showcasing significant growth in revenue and profit metrics [1] Financial Performance - The company achieved operating revenue of 167.71 billion yuan, an increase of 11.50% year-on-year [1] - Total profit reached 34.5 billion yuan, up 60% year-on-year [1] - Net profit amounted to 28.6 billion yuan, reflecting a 55% year-on-year increase [1] - The attributable net profit to shareholders was 23.3 billion yuan, growing by 54% year-on-year [1] - The net profit after deducting non-recurring items was 21.6 billion yuan, a 40% increase year-on-year [1] - The quarterly attributable net profit surged to over 10 billion yuan [1] - The net cash flow from operating activities was 28.8 billion yuan, up 41% year-on-year, indicating strong cash flow stability [1] Asset Growth - As of the end of the reporting period, total assets reached 439.7 billion yuan, an increase of 11% from the beginning of the period [1] - The attributable net assets stood at 142.1 billion yuan, reflecting a 2% growth [1] Production Metrics - The company reported steady increases in the production of key mineral products, with copper production at 570,000 tons, a 9% year-on-year increase [1] - Gold production reached 41 tons, up 16% year-on-year [1] - Silver production was 224 tons, reflecting a 6% year-on-year increase [1] - Zinc (lead) production was 200,000 tons, and lithium carbonate equivalent production was 7,315 tons [1] - Overall gross margin for mineral products increased by 3 percentage points to 60.23% year-on-year, driven by rising volumes and price optimization [1]