Announcement • Jun 30
Baiyin Nonferrous Group Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Baiyin Nonferrous Group Co., Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Announcement • Jun 09
Baiyin Nonferrous Group Co., Ltd., Annual General Meeting, Jun 29, 2026 Baiyin Nonferrous Group Co., Ltd., Annual General Meeting, Jun 29, 2026, at 15:00 China Standard Time. Location: 1F, No. 96, Youhao Road, Baiyin District, Baiyin, Gansu China Board Change • May 18
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Li Man was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 30
First quarter 2026 earnings released: EPS: CN¥0.02 (vs CN¥0.006 loss in 1Q 2025) First quarter 2026 results: EPS: CN¥0.02 (up from CN¥0.006 loss in 1Q 2025). Revenue: CN¥19.6b (up 8.2% from 1Q 2025). Net income: CN¥150.0m (up CN¥194.1m from 1Q 2025). Profit margin: 0.8% (up from net loss in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Announcement • Mar 30
Baiyin Nonferrous Group Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Baiyin Nonferrous Group Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 26
Baiyin Nonferrous Group Co., Ltd. to Report Fiscal Year 2025 Results on Apr 22, 2026 Baiyin Nonferrous Group Co., Ltd. announced that they will report fiscal year 2025 results on Apr 22, 2026 New Risk • Nov 21
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 20% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks High level of debt (62% net debt to equity). Large one-off items impacting financial results. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: CN¥0 (vs CN¥0.033 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0 (improved from CN¥0.033 loss in 3Q 2024). Revenue: CN¥28.1b (up 71% from 3Q 2024). Net income: CN¥2.24m (up CN¥325.5m from 3Q 2024). Profit margin: 0% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. New Risk • Oct 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk High level of debt (52% net debt to equity). Announcement • Sep 30
Baiyin Nonferrous Group Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Baiyin Nonferrous Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025 New Risk • Sep 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (52% net debt to equity). Share price has been volatile over the past 3 months (7.1% average weekly change). New Risk • Aug 28
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 52% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 27
Second quarter 2025 earnings released: CN¥0.023 loss per share (vs CN¥0.02 profit in 2Q 2024) Second quarter 2025 results: CN¥0.023 loss per share (down from CN¥0.02 profit in 2Q 2024). Revenue: CN¥26.5b (down 13% from 2Q 2024). Net loss: CN¥173.0m (down 279% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Jun 30
Baiyin Nonferrous Group Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Baiyin Nonferrous Group Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Announcement • Jun 03
Baiyin Nonferrous Group Co., Ltd., Annual General Meeting, Jun 25, 2025 Baiyin Nonferrous Group Co., Ltd., Annual General Meeting, Jun 25, 2025, at 15:00 China Standard Time. Location: Office Building, No. 96, Youhao Road, Baiyin District, Baiyin, Gansu China New Risk • May 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 60% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Large one-off items impacting financial results. Reported Earnings • May 01
Full year 2024 earnings released: EPS: CN¥0.011 (vs CN¥0.011 in FY 2023) Full year 2024 results: EPS: CN¥0.011 (in line with FY 2023). Revenue: CN¥86.8b (flat on FY 2023). Net income: CN¥80.8m (down 2.7% from FY 2023). Profit margin: 0.1% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Apr 03
Baiyin Nonferrous Group Co., Ltd. (SHSE:601212) completed the acquisition of Mineração Vale Verde Ltda from Appian Capital Advisory LLP. Baiyin Nonferrous Group Co., Ltd. (SHSE:601212) agreed to acquire Mineração Vale Verde Ltda from Appian Capital Advisory LLP for approximately $420 million on November 26, 2024. This is subject to approval from Brazil’s antitrust regulator, the Administrative Council for Economic Defense (CADE), and the Chinese government. The expected completion of the transaction is in early 2025. Milena Mundim, Guilherme Mota, Eduardo Carvalhaes, Kenneth Ferreira, Jayme Freitas and Beatriz Ghosn of Lefosse Advogados acted as legal advisor for Baiyin Nonferrous Group Co., Ltd. Ronald Herscovici, Joyce Honda and Marina Faro of Cescon, Barrieu, Flesch & Barreto Advogados acted as legal advisor for Appian Capital Advisory LLP. Patrícia Alvarenga Barros, Izabel Cristina de Lima e Silva and Elisa Dias Alves of Madrona Advogados acted as legal advisor for Appian Capital Advisory LLP. Eric Liu of Haiwen & Partners acted as legal advisor for Baiyin Nonferrous Group Co., Ltd. Felicity Brown of Norton Rose Fulbright LLP acted as legal advisor for Appian Capital Advisory LLP.
Baiyin Nonferrous Group Co., Ltd. (SHSE:601212) completed the acquisition of Mineração Vale Verde Ltda from Appian Capital Advisory LLP on April 2, 2025. Announcement • Mar 28
Baiyin Nonferrous Group Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Baiyin Nonferrous Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 27
Baiyin Nonferrous Group Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025 Baiyin Nonferrous Group Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.033 loss per share (vs CN¥0.003 profit in 3Q 2023) Third quarter 2024 results: CN¥0.033 loss per share (down from CN¥0.003 profit in 3Q 2023). Revenue: CN¥16.5b (down 26% from 3Q 2023). Net loss: CN¥323.3m (down CN¥345.4m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Sep 30
Baiyin Nonferrous Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Baiyin Nonferrous Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.001 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.02 (up from CN¥0.001 loss in 2Q 2023). Revenue: CN¥30.4b (up 15% from 2Q 2023). Net income: CN¥96.8m (up CN¥101.9m from 2Q 2023). Profit margin: 0.3% (up from 0% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
Baiyin Nonferrous Group Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Baiyin Nonferrous Group Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Jun 08
Baiyin Nonferrous Group Co., Ltd., Annual General Meeting, Jun 27, 2024 Baiyin Nonferrous Group Co., Ltd., Annual General Meeting, Jun 27, 2024, at 15:00 China Standard Time. Location: 1F, No. 96, Youhao Road, Baiyin District, Baiyin, Gansu China Reported Earnings • Apr 30
First quarter 2024 earnings released: CN¥0.011 loss per share (vs CN¥0.009 loss in 1Q 2023) First quarter 2024 results: CN¥0.011 loss per share (further deteriorated from CN¥0.009 loss in 1Q 2023). Revenue: CN¥22.2b (up 5.7% from 1Q 2023). Net loss: CN¥84.5m (loss widened 24% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Mar 29
Baiyin Nonferrous Group Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Baiyin Nonferrous Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 29
Baiyin Nonferrous Group Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024 Baiyin Nonferrous Group Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.003 (vs CN¥0.041 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.003 (up from CN¥0.041 loss in 3Q 2022). Revenue: CN¥22.2b (up 7.9% from 3Q 2022). Net income: CN¥22.1m (up CN¥349.2m from 3Q 2022). Profit margin: 0.1% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Sep 30
Baiyin Nonferrous Group Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 Baiyin Nonferrous Group Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 31
Second quarter 2023 earnings released: CN¥0.001 loss per share (vs CN¥0.001 profit in 2Q 2022) Second quarter 2023 results: CN¥0.001 loss per share (down from CN¥0.001 profit in 2Q 2022). Revenue: CN¥26.3b (up 18% from 2Q 2022). Net loss: CN¥5.06m (down 158% from profit in 2Q 2022). Profit margin: 0% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.041 loss per share (vs CN¥0.013 profit in 3Q 2021) Third quarter 2022 results: CN¥0.041 loss per share (down from CN¥0.013 profit in 3Q 2021). Revenue: CN¥20.6b (up 8.9% from 3Q 2021). Net loss: CN¥327.2m (down 464% from profit in 3Q 2021). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.001 (vs CN¥0.01 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.001 (up from CN¥0.01 loss in 2Q 2021). Revenue: CN¥22.3b (up 13% from 2Q 2021). Net income: CN¥8.75m (up CN¥80.4m from 2Q 2021). Profit margin: 0% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 9.5%, compared to a 24% growth forecast for the Metals and Mining industry in China. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: CN¥0.006 (up from CN¥0.001 in 1Q 2021). Revenue: CN¥20.6b (up 56% from 1Q 2021). Net income: CN¥41.9m (up CN¥37.9m from 1Q 2021). Profit margin: 0.2% (up from 0% in 1Q 2021). Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 10.0%. Over the next year, revenue is forecast to grow 8.3%, compared to a 27% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 12% per year. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.013 (vs CN¥0.065 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥18.9b (down 12% from 3Q 2020). Net income: CN¥89.9m (down 81% from 3Q 2020). Profit margin: 0.5% (down from 2.2% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2021 earnings released: CN¥0.01 loss per share (vs CN¥0.013 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: CN¥19.8b (up 26% from 2Q 2020). Net loss: CN¥71.7m (loss narrowed 26% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • May 02
Full year 2020 earnings released: EPS CN¥0.01 (vs CN¥0.008 in FY 2019) The company reported a decent full year result with improved earnings, although revenues and profit margins were flat. Full year 2020 results: Revenue: CN¥61.4b (flat on FY 2019). Net income: CN¥73.0m (up 26% from FY 2019). Profit margin: 0.1% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥2.56 The company is down 6.0% from its price of CN¥2.71 on 27 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 21% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥221.8m, with earnings decreasing by CN¥790.0m from the prior year. Total revenue was CN¥67.1b over the last 12 months, up 6.7% from the prior year. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥2.60 The company is down 26% from its price of CN¥3.49 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 7.0% over the same period. Announcement • Oct 27
Baiyin Nonferrous Group Co., Ltd. to Report Q3, 2020 Results on Oct 30, 2020 Baiyin Nonferrous Group Co., Ltd. announced that they will report Q3, 2020 results on Oct 30, 2020 Announcement • Aug 28
Gansu Xinye Asset Operation Company acquired additional 10% stake in Baiyin Nonferrous Group Co., Ltd. (SHSE:601212) from State-Owned Assets Supervision And Administration Commission Of Gansu Provincial Government for free. Gansu Xinye Asset Operation Company acquired additional 10% stake in Baiyin Nonferrous Group Co., Ltd. (SHSE:601212) from State-Owned Assets Supervision And Administration Commission Of Gansu Provincial Government for free on August 27, 2020. State-Owned Assets Supervision And Administration Commission Of Gansu Provincial Government transferred 740,477,451 state-owned shares of Baiyin Nonferrous Metals. On August 27, 2020, Baiyin Nonferrous received the "Confirmation of Transfer and Registration of China Securities Depository and Clearing Co., Ltd." from Gansu Xinye Asset Operation Company. The registration procedures for the free transfer of shares have been completed.
Gansu Xinye Asset Operation Company completed the acquisition of additional 10% stake in Baiyin Nonferrous Group Co., Ltd. (SHSE:601212) from State-Owned Assets Supervision And Administration Commission Of Gansu Provincial Government for free on August 27, 2020. Announcement • Jul 18
Baiyin Nonferrous Group Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020 Baiyin Nonferrous Group Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020 
