Jinrui Mining has disclosed its earnings forecast, expecting a net profit attributable to the parent company of 16.7714 million yuan for the first half of 2026, a year-on-year decline of 53.69 percent. Deducted non-recurring net profit is expected to be 16.3651 million yuan, down 55.81 percent year-on-year. The company's main business is the mining and sale of celestite ore, as well as the production and sale of strontium salt series products. The decline in performance is mainly due to a year-on-year drop in production and sales volumes of main products caused by a production halt for maintenance in the first quarter, while intensified industry competition led to a year-on-year fall in prices of major products. Based on the closing price on July 14, Jinrui Mining's current price-to-earnings ratio is approximately 393.26 times, its price-to-book ratio is about 5.81 times, and its price-to-sales ratio is about 14.56 times.
Qinghai Jinrui Mineral Development Co LtdNet profit forecast to drop 53.69% year-on-year due to lower production and sales volumes and price declines.