Zijin Mining stock gained 1.12 percent as profit surged on September 30, 2026

Published on 10/07/2026 at 09:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zijin Mining stock gained 1.12 percent to CNY 29.79 on September 30, 2026, while first-half revenue reached CNY 194.178 billion. Net profit rose 68.17 percent, and 15 analysts rated the shares Buy with an average CNY 47.99 target.

Zijin Mining, CNE100000502, Illustration mit AI erstellt.

Zijin Mining stock (ISIN CNE100000502) gained 1.12 percent to CNY 29.79 on the Shanghai Stock Exchange on September 30, 2026. The move followed a strong first-half earnings update, with revenue rising 15.78 percent year over year to CNY 194.178 billion, according to iNEWS in its October 5, 2026 report on the 2026 interim results.

Profit growth outpaced revenue

The earnings mix is the central signal for Zijin Mining. Net profit attributable to shareholders reached CNY 39.17 billion in the first half of 2026, up 68.17 percent from the prior-year period, while net profit after non-recurring items rose 75.89 percent to CNY 38.035 billion, iNEWS reported.

Operating cash flow increased 92.41 percent year over year to CNY 55.472 billion. The comparison shows why earnings quality matters: cash generation expanded far faster than revenue, giving the company more room to fund mining projects and shareholder distributions.

Gold leads while lithium expands

Gold production reached 46.7 tonnes in the first half, a 13.4 percent year-over-year increase, while lithium carbonate equivalent output climbed 496 percent to 43,600 tonnes, according to iNEWS. Copper production was 534,000 tonnes, down 5.7 percent year over year, creating a counterweight to the faster-growing gold and lithium businesses.

The company is scheduled to review its third-quarter results at a board meeting on October 23, 2026, according to Moomoo.

Consensus target stays above market price

MarketScreener listed a Buy consensus from 15 analysts, with an average target price of CNY 47.99 against a last close of CNY 31.41 in its September 2026 overview. That target was 52.78 percent above the cited last close, underlining the gap between analyst expectations and the market's recent valuation.

Shanghai shares remain below yearly high

Zijin Mining's Shanghai-listed shares were last at CNY 29.79 on September 30, 2026, with a daily gain of 1.12 percent. The 52-week range was CNY 24.42 to CNY 44.94, and the market capitalization was CNY 792.1 billion on the same date.