Xike Materials Forecasts Q1 2026 Net Profit Up 67.93%-101.52% YoY, Boosted by Product Mix and Rising Copper Prices

Published: Apr 8, 2026 14:30

Save

Xike Materials (600255) announced the company expected Q1 2026 net profit attributable to the parent company to be 15 million yuan to 18 million yuan, up 67.93% to 101.52% YoY.During the reporting period, the company continued to adjust its product mix and increase sales of high-value-added products. Meanwhile, it strengthened inventory turnover and production scheduling, maintaining good control over metal content for turnover purposes, which effectively expanded profit margins and drove a notable YoY increase in the operating performance of its major subsidiary.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Data: SHFE, DCE market movement (Apr 08)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 08 Apr , 2026

Common.Time.minsAgo

World's Largest "CSP + Energy Storage" Project Kicks Off in Xinjiang, Aiming for 3 Billion kWh Annual Output

On April 1, the world's largest single-phase integrated "CSP + energy storage" project — China Energy Engineering Hami 1,500 MW "PV (CSP) + energy storage" base PV zone officially commenced construction in Balikun, Xinjiang. The project adopts a "PV + CSP + thermal energy storage" model, equipped with 8-hour molten salt ESS, enabling stable round-the-clock power supply. Upon completion, annual power generation is expected to reach approximately 3 billion kWh, with annual carbon reduction of 2.256 million mt. China Energy Engineering Gezhouba No. 3 Company undertakes the 406.97 MWp PV section.

Common.Time.minsAgo

Gansu Outlines "15th Five-Year Plan" for Power Grid Expansion and UHV Corridors Development

According to BJX (Polaris Power Network), on April 3, Gansu issued its "15th Five-Year Plan" outline, clearly positioning itself as the general hub of the northwest power grid and the main corridor for west-to-east power transmission, and advancing the "trinity" construction of "large-scale bases + supporting coal-fired power + UHV corridors": enhancing the capacity of the Jiuquan-Hunan DC line and the Gansu-to-Shandong power transmission, completing the Gansu-to-Zhejiang and Gansu-to-Sichuan power transmission projects, planning new corridors for desert bases, and striving to have 6 operational UHV DC lines; advancing Shaanxi-Qinghai-Ningxia power mutual support and the 750 kV backbone grid to ensure large-scale new energy power transmission and inter-provincial consumption.

Common.Time.minsAgo