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ST Yazhen's revenue reached 5.56 billion yuan in 2025, marking a year-on-year increase of 206.82%. The consolidation of the zirconium business has driven the formation of dual core operations, but the net loss still amounted to 59.3284 million yuan.
In 2025, the company's revenue surged by 206.82% year-over-year to RMB 5.56 billion, while the net profit attributable to shareholders narrowed losses by 51.56%, primarily benefiting from the consolidation of Guangxi Zirconium Industry, forming a dual-core business structure of 'home furnishings + zirconium-titanium ore processing.' However, the overall gross margin plummeted to 15.54%, and the asset-liability ratio reached a high of 80.42%, with profitability quality and debt repayment capacity remaining under pressure.
*ST Yazhen (603389.SH): Net loss of 14.7853 million yuan in the first quarter of 2026
Gelonghui, April 30th: *ST Yazhen (603389.SH) released its Q1 2026 report. During the reporting period, the company achieved revenue of 116 million yuan, representing a year-on-year increase of 185.38%; net loss attributable to shareholders of the listed company amounted to 14.7853 million yuan, compared with a net loss of 21.3138 million yuan in the same period last year; net loss attributable to shareholders of the listed company excluding non-recurring items was 14.1926 million yuan; basic loss per share was 0.06 yuan.
*ST Yazhen: First Quarter Report for 2026
*ST Yazhen: 2025 Annual Report
*ST Yazhen: Summary of the 2025 Annual Report
Financial Statements and Related Notes Following the Correction of Prior-Period Accounting Errors