Yunnan Tin Co Ltd

Tin Industry Co. released its 2026 interim report, with net profit attributable to the parent company of 1.504 billion yuan, up 41.60% from the same period last year. Total operating revenue was 31.573 billion yuan, up 49.68% year on year, marking a second consecutive year of growth. Net cash inflow from operating activities was 2.18 billion yuan, up 53.04% year on year. Diluted earnings per share were 0.90 yuan, up 43.63% year on year, marking a third consecutive year of growth. The latest asset-liability ratio was 43.92%, down 3.44 percentage points from the previous quarter. The latest gross margin was 11.24%, up 1.19 percentage points from the previous quarter.

As of 5 p.m. on August 20, 498 companies listed on the Shenzhen Stock Exchange had released their 2026 half-year reports. Among them, 313 companies posted year-on-year profit growth in the first half, accounting for more than 60 percent. A total of 157 companies saw growth of more than 50 percent, and 112 companies more than doubled their earnings. The sectors with high growth were mainly concentrated in five areas: basic chemicals, power equipment, electronics, machinery equipment, and nonferrous metals. In basic chemicals, Do-Fluoride New Materials reported net profit attributable to shareholders of 512 million yuan in the first half, up 897.19 percent year on year. Huachang Chemical posted net profit of 123 million yuan, up 1,026.90 percent. Hebang Biotechnology reported net profit of 380 million yuan, up 634.30 percent. In power equipment, CATL posted net profit attributable to shareholders of 43.28 billion yuan in the first half, up 42.0 percent year on year. In electronics, Yunhan Xin Cheng achieved operating revenue of 2.746 billion yuan, up 90.66 percent, with net profit attributable to shareholders of 166 million yuan. In nonferrous metals, Tin Industry Company achieved operating revenue of 31.573 billion yuan, up 49.68 percent, and net profit attributable to shareholders of 1.504 billion yuan, up 41.60 percent. In machinery equipment, Ding Tai High-Tech achieved operating revenue of 1.943 billion yuan, up 114.85 percent, and net profit attributable to shareholders of 679 million yuan, up 325.12 percent. Industry insiders noted that the overall performance of Shenzhen-listed companies that have disclosed half-year reports is improving, and the five major sectors have become concentrated areas of high profit growth, reflecting a positive trend of recovery in the real economy's industrial cycle and continuously strengthening momentum in emerging industries.

Yunnan Tin announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 1.47 billion yuan and 1.57 billion yuan, representing a year-on-year increase of 38.43% to 47.85%. The change in performance is mainly due to the company optimizing resource allocation, enhancing full-process operational efficiency, increasing production of non-ferrous metal products year-on-year, and seizing the opportunity of rising prices for its main products.

Tin Industry Co. expects net profit attributable to shareholders of the listed company in the first half of 2026 to be between 1.47 billion and 1.57 billion yuan, a year-on-year increase of 38.43% to 47.85%. The profit growth is mainly due to the company optimizing resource allocation, enhancing full-process operational efficiency, increasing output of non-ferrous metal products year-on-year, and seizing the opportunity of rising prices for its main products.