Sichuan Rongda Gold Co. Ltd. Cl A

Sichuan Gold released its 2026 interim report, with net profit attributable to the parent company of 433 million yuan, up 107.34% from the same period last year. Total operating revenue was 827 million yuan, up 87.03% year on year, marking four consecutive years of growth. Net cash inflow from operating activities was 568 million yuan, up 83.24% year on year. The company's latest gross margin was 71.01%, ranking first among disclosed peers. Its latest return on equity was 21.01%, ranking second. Diluted earnings per share were 1.03 yuan, ranking first. The company's latest asset-liability ratio was 38.82%, with 45,100 shareholders. The top ten shareholders held 277 million shares, accounting for 65.95% of total share capital.

Sichuan Gold released its 2026 semi-annual report. In the first half, it achieved operating revenue of 827 million yuan, up 87.03 percent year on year, and net profit attributable to shareholders of the listed company of 433 million yuan, up 107.34 percent year on year. The company said the performance growth mainly benefited from the weighted average price of Au99.99 on the Shanghai Gold Exchange rising about 45.88 percent year on year, and the metal volume of gold concentrate sold increasing 14.59 percent year on year. Gross margin in the first half reached 71.01 percent, up 5.94 percentage points from the same period last year, and net cash flow from operating activities was 566 million yuan, up 83.24 percent year on year. As of June 30, 2026, Zhang Jianping had exited the company's top ten shareholder list, while the first-quarter report showed he had held 6.4257 million shares as the eighth largest shareholder. Sichuan Gold's share price has risen more than 70 percent cumulatively this year.

On July 22, the precious metals sector surged, with Xingye Silver and Tin hitting its second consecutive daily upper limit. Chifeng Gold, Xiaocheng Technology, Zhaojin Gold, and Sichuan Gold also rose. The move came as spot gold broke above $4,120 per ounce and spot silver topped $59 per ounce. On the same day, four companies disclosed pre-announcements of shareholder share reductions. In addition, as of July 21, total market margin financing stood at 2.70 trillion yuan, up 104 million yuan from the previous trading day. Among them, 41 stocks saw net margin buying exceeding 100 million yuan, with Zhongji Innolight topping the list at 2.749 billion yuan. The semiconductor equipment sector remained strong, with Torrens hitting its second consecutive 20 percent upper limit. Zhenbao Technology and NAURA Technology Group also advanced. A report from the global semiconductor industry association projects that global semiconductor equipment sales will grow 23.2 percent to $165.9 billion in 2026. Twelve companies released first-half earnings-related information, with seven reporting expected profit increases and one reporting an expected decline.

Sichuan Gold announced that it expects net profit attributable to shareholders of the listed company for the first half of 2026 to be between 390 million yuan and 450 million yuan, representing a year-on-year increase of 86.94% to 115.70%. The change in performance is mainly due to an increase in gold concentrate sales volume and a year-on-year rise in gold prices. The company's net profit for the first quarter was 266 million yuan, implying an estimated second-quarter net profit of 124 million yuan to 184 million yuan, a quarter-on-quarter decline of 30% to 53%.

Sichuan Gold issued a first-half profit growth forecast, expecting net profit of 390 million to 450 million yuan, a year-on-year increase of 86.94% to 115.70%. The stock closed at 37.88 yuan today, up 0.61%, with a daily turnover rate of 3.35% and trading volume of 533 million yuan. It has fallen 8.08% over the past five days. Main capital saw a net outflow of 5.3238 million yuan today, with a net inflow of 22.8499 million yuan over the past five days. The latest margin trading balance stands at 598 million yuan, of which the financing balance is 597 million yuan, down 3.20% from the previous period.

Sichuan Gold has disclosed its earnings forecast, estimating a net profit attributable to the parent company of 390 million to 450 million yuan for the first half of 2026, representing a year-on-year increase of 86.94% to 115.7%. Deducted non-recurring net profit is expected to be between 388 million and 448 million yuan, up 81.6% to 109.68% year-on-year. Basic earnings per share are projected at 0.9286 yuan to 1.0714 yuan. The company stated that the year-on-year rise in net profit is mainly due to an increase in gold concentrate sales volume and a year-on-year rise in gold prices.

On the morning of July 3, the A-share precious metals sector surged. Zhaojin Gold and Chifeng Gold shot up straight after the opening, hitting their daily limit within one minute and both securing two consecutive upper limits. Western Gold, Sichuan Gold, Xiaocheng Technology, and several other stocks also hit their daily limit or rose more than 10%. In terms of news, the US non-farm payrolls for June increased by only 57,000, significantly missing expectations, and the April and May figures were revised down. The May non-farm payrolls were revised from 172,000 to 129,000, and after revisions, the combined April and May job gains were 74,000 lower than previously reported. The weak employment data led traders to scale back bets on Federal Reserve rate hikes, boosting the precious metals sector.