Zhongjin Gold forecasts 50.05 percent profit growth: what this means for Zhongjin Gold stock

Published on 10/19/2026 at 01:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit is forecast at CNY 5.52 billion to CNY 5.8 billion for three quarters of 2026. Zhongjin Gold stock has CNY 103.3 billion market value.

Nine-month profit forecast

Zhongjin Gold forecast net profit of CNY 5.52 billion to CNY 5.8 billion on October 15, 2026.
First-half net profit reached CNY 4.357 billion, up 61.67 percent year over year.
Zhongjin Gold had a CNY 103.3 billion market capitalization as of October 16, 2026.

Zhongjin Gold, CNE000001FM8, Illustration mit AI erstellt.

Zhongjin Gold (CNE000001FM8) expects net profit attributable to the owners of its parent to reach CNY 5.52 billion to CNY 5.8 billion for the first three quarters of 2026, representing growth of 50.05 percent to 57.66 percent year over year. SMM reported the forecast on October 15, 2026, citing higher gold and copper prices and stronger revenue from sulphuric acid by-products.

Why does the forecast matter?

The forecast extends a strong first-half earnings trend. Zhongjin Gold reported CNY 4.357 billion in net profit for the six months ended June 30, 2026, up 61.67 percent from the same period a year earlier. First-half revenue reached CNY 42.982 billion, an increase of 22.57 percent year over year.

Stockstar also reported second-quarter revenue of CNY 20.394 billion and net profit of CNY 1.976 billion. The quarterly figures show that the nine-month forecast depends on earnings momentum continuing beyond the first half.

Three dated earnings milestones

On June 30, 2026, Zhongjin Gold closed its first-half reporting period with CNY 4.357 billion in net profit and CNY 42.982 billion in revenue, according to Stockstar. On September 29, 2026, the company held an online half-year performance meeting and disclosed that exploration work had added 14.38 tonnes of gold metal inventory, the same report said. On October 15, 2026, Zhongjin Gold announced the CNY 5.52 billion to CNY 5.8 billion nine-month net-profit forecast, as reported by SMM.

Dates and operating signals

The September 29, 2026 investor meeting also identified the Shaling gold mine as a development priority: its tailings facility was substantially completed and the processing plant had completed water commissioning. The company said the exploration program had completed 28,300 meters of tunneling and 158,400 meters of drilling by the first half of 2026.

Stock valuation and investor perspective

Zhongjin Gold's market capitalization stood at CNY 103.3 billion as of October 16, 2026, while its Shanghai-listed shares closed at CNY 21.32 on that date. The combination of a 57.66 percent upper-end profit-growth forecast and a 61.67 percent first-half profit increase makes metal prices and execution at the company's mines the central variables for the next report.