Zhongjin Gold stock reports CNY 429.82 billion H1 revenue

Zhongjin Gold stock (ISIN CNE100000981) reported CNY 429.82 billion in first-half 2026 revenue, up 22.57 percent year over year, according to Sina Finance on September 1, 2026. Net profit attributable to shareholders rose 61.67 percent to CNY 43.57 billion in the six months ended June 30, 2026.

Profit growth outpaces revenue

The earnings mix shows a clear operating sensitivity to metals pricing. Revenue grew 22.57 percent, while attributable net profit expanded 61.67 percent, indicating that higher realized prices and a stronger contribution from higher-margin mining operations had a larger effect than sales growth alone.

Sina Finance reported on September 1, 2026, that first-half mined gold output reached 9.14 metric tons, up 0.07 percent, while mined gold sales fell 4.05 percent to 8.51 metric tons. Smelter maintenance reduced refined-gold and electrolytic-copper output, adding an operational counterweight to the stronger pricing environment.

Gold prices drive the result

The same report said domestic gold spot prices increased 43.89 percent year over year in the first half, while domestic copper spot prices rose 31.07 percent. That comparison explains why Zhongjin Gold converted a 22.57 percent revenue increase into a 61.67 percent jump in attributable profit.

Sina Finance reported that Bohai Securities maintained an accumulate rating on September 1, 2026, while also identifying gold and copper price volatility, regulatory changes, safety and environmental requirements, and resource quality as risks. The analysis also noted that the Shaling gold mine processing plant had completed water testing during the first half.

Shanghai valuation remains visible

Zhongjin Gold was last at CNY 21.59 on the Shanghai Stock Exchange on September 29, 2026, at 3:00 p.m. CST. Its 52-week range was CNY 17.56 to CNY 41.48, and its market capitalization stood at CNY 104.7 billion on the same date.

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