China Rare Earth Resources And Technology (000831) H1 2026 earnings summary

Executive summary

• Achieved net profit attributable to shareholders of ¥236.95 million, up 46.53% year-over-year, with operating cash flow turning positive to ¥710.71 million from a negative base.

• Revenue declined 12.19% year-over-year to ¥1.65 billion due to strategic adjustments in sales and product mix.

• Gross margin improved to 22.41%, with significant growth in high-margin rare earth oxides and cost control measures.

• Maintained strong industry position as a core platform for rare earth resource development, processing, and technology innovation.

Financial highlights

• Net profit attributable to shareholders: ¥236.95 million, up 46.53% year-over-year.

• Revenue: ¥1.65 billion, down 12.19% year-over-year.

• Operating cash flow: ¥710.71 million, up 1,658.72% year-over-year.

• Basic and diluted EPS: ¥0.2233, up 46.52% year-over-year.

• Gross margin: 22.41%, up 9.04 percentage points year-over-year.

Outlook and guidance

• Focus on resource security, high-efficiency operations, and technology-driven product upgrades.

• Continued investment in automation, green production, and digital transformation.

• Ongoing rare earth industry consolidation and regulatory tightening expected to support long-term growth.