Sinomine(SZ:002738) Xin Lang Zheng Quan·2025-09-10 10:10Core Insights - The industrial metals sector in A-share listed companies has shown overall profit improvement as of the end of H1 2025, with many companies reporting better performance compared to the previous year [1] Group 1: Companies with Profit Growth - Eight companies, including Northern Rare Earth and Eastern Tantalum, reported both revenue and profit growth [2] - Notable turnarounds include China Rare Earth, which shifted from a net loss of 244 million yuan in H1 2024 to a profit of 162 million yuan in H1 2025 [2][3] - Other companies that turned losses into profits include Yunnan Zinc Industry and Shenghe Resources, with significant improvements in net profit [2][3] Group 2: Companies with Declining Performance - Companies such as Western Materials and Baotai Co. reported declines in both revenue and net profit [5] - Western Materials had a revenue of 1.539 billion yuan, down 0.35%, and a net profit of 61.16 million yuan, down 36.03% [5][6] - Baotai Co. saw a revenue drop of 20.45% to 2.967 billion yuan and a net profit decline of 49% to 205 million yuan [10] Group 3: Companies with Revenue Growth but Profit Decline - Companies like Zhongkuang Resources and Xiamen Tungsten reported revenue growth but a decline in net profit [7] - Zhongkuang Resources had a revenue increase of 34.89% to 3.267 billion yuan, but net profit fell by 81.16% to 8.913 million yuan [8][9] - Xiamen Tungsten's revenue grew by 4.37% to 9.72 billion yuan, while net profit decreased by 4.37% [8][9] Group 4: Industry Performance Metrics - China Rare Earth led the industry with a revenue growth rate of 62.38% in H1 2025, reaching 1.875 billion yuan [8] - Guangsheng Nonferrous Metals had the lowest revenue growth rate, with a decline of 47.83% to 2.677 billion yuan [8] - Northern Rare Earth achieved the highest net profit growth rate, increasing by 1951.52% to 931 million yuan [8]