Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (CNY)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Primary Smelting And Refining Of Copper

          

Smelting Products

- - - 20TCr 19TCr

Total Assets

- - - 5.8TCr 6.6TCr

D&A

- - - 67Cr 83Cr

Operating Income

- - - 1.41TCr 1.98TCr

Refined Copper

3.76TCr 4.11TCr 4.37TCr - -

Total Assets

2.42TCr 2.5TCr 1.61TCr - -

CAPEX

-59Cr -30Cr -43Cr - -

D&A

104.3Cr 118.86Cr 117.35Cr - -

Operating Income

60Cr 79Cr 709.33Cr - -

Machinery Distribution

          

Trading

- 12TCr 13TCr 13TCr 17TCr

Total Assets

- 2.63TCr 1.72TCr 4.22TCr 4.86TCr

CAPEX

- -4.4Cr -13Cr - -

D&A

- 4.73Cr 5.01Cr 94.07L 1.08Cr

Operating Income

- 41Cr 85Cr 12Cr 37Cr

Gold Ores

          

Mineral Products

- - - 9.54TCr 14TCr

Total Assets

- - - 17TCr 22TCr

D&A

- - - 832.03Cr 1.33TCr

Operating Income

- - - 3.58TCr 6.14TCr

Gold Concentrates

608.48Cr 1.19TCr 1.25TCr - -

Total Assets

1.84TCr 1.99TCr 1.23TCr - -

CAPEX

-313.95Cr -468.74Cr -223.24Cr - -

D&A

8.13Cr 14Cr 15Cr - -

Operating Income

267.3Cr 599.59Cr 362.57Cr - -

Processed, Refinery and Trading Gold

10TCr 10TCr 11TCr - -

Total Assets

1.88TCr 1.84TCr 1.26TCr - -

CAPEX

-24Cr 1.67Cr -50Cr - -

D&A

285.35Cr 303.37Cr 306.26Cr - -

Operating Income

1.18Cr 3.95Cr 305.47Cr - -

Gold Bullion

983.69Cr 1.05TCr 1.46TCr - -

Total Assets

5.19TCr 5.28TCr 3.31TCr - -

CAPEX

-243.21Cr -803.7Cr -1.93TCr - -

D&A

20Cr 22Cr 27Cr - -

Operating Income

256.14Cr 165.39Cr 267.32Cr - -

Industrial Inorganic Chemicals

          

Other

13TCr 4TCr 4.32TCr 4.6TCr 8.56TCr

Total Assets

18TCr 23TCr 11TCr 36TCr 35TCr

CAPEX

-521.9Cr -1.36TCr -1.91TCr - -

D&A

337.93Cr 450.21Cr 442.86Cr 161.68Cr 248.94Cr

Operating Income

83Cr 111.36Cr 34.03L 66Cr 76Cr

Elimination

-9.94TCr -12TCr -13TCr -17TCr -23TCr

Total Assets

-19TCr -21TCr 4.1TCr -29TCr -28TCr

Total Assets

2.9TCr 3.91TCr 4.12TCr 6.04TCr 10TCr

CAPEX

-6.24Cr -4.82Cr -5.96Cr - -

Recycling and Reclamation Machinery

          

Environmental Protection

- 1.04TCr 1.32TCr - -

Total Assets

- 2.69TCr 206.11Cr - -

CAPEX

- -924.05Cr -35Cr - -

D&A

- 25Cr 29Cr - -

Operating Income

- 23Cr 137.5Cr - -

Diversified Metal Ores

          

Other Concentrates

1TCr 948.93Cr 848.07Cr - -

Total Assets

2.1TCr 2.11TCr 1.4TCr - -

CAPEX

-230.04Cr -200.4Cr -65Cr - -

D&A

19Cr 14Cr 16Cr - -

Operating Income

281.09Cr 344.3Cr 177.33Cr - -

Zinc Ingots

644.21Cr 709.52Cr 639.1Cr - -

Total Assets

405.68Cr 440.25Cr 88Cr - -

CAPEX

-18Cr -12Cr -35Cr - -

D&A

18Cr 20Cr 16Cr - -

Operating Income

28Cr 27Cr 65Cr - -

Copper Ores

          

Copper Concentrates

1.98TCr 2.94TCr 3.17TCr - -

Total Assets

4.12TCr 4.26TCr 3.26TCr - -

CAPEX

-711.64Cr -1.13TCr -687.17Cr - -

D&A

19Cr 35Cr 35Cr - -

Operating Income

1.25TCr 1.69TCr 1.18TCr - -

Electrolytic Copper and Electrodeposited Copper

849.65Cr 689.66Cr 981.05Cr - -

Total Assets

1.07TCr 1.07TCr 935.95Cr - -

CAPEX

-206.2Cr -219.43Cr -455.06Cr - -

D&A

8.82Cr 9.01Cr 17Cr - -

Operating Income

511.7Cr 340.03Cr 266.91Cr - -

Geographical Revenue Distribution History

Geographical breakdown of sales (CNY)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Mainland China

26TCr 30TCr 33TCr 35TCr 39TCr

Total Assets

12TCr 19TCr 21TCr 23TCr 26TCr

Outside Mainland China

6.74TCr 8.56TCr 8.92TCr 13TCr 20TCr

Total Assets

8.76TCr 12TCr 13TCr 17TCr 17TCr

Internal Offset

-9.94TCr -12TCr -13TCr -17TCr -23TCr

Total Assets

- - - - 7.68TCr