Guosheng Securities Research Report pointed out that Shanjin International's production and sales were under phased pressure in the first half of the year, and it is expected that the Osino project will be put into operation. Net profit to mother was 2,416 billion yuan in the first half of the year, up 51.4% year on year. Net profit to mother was 1.02 billion yuan in the second quarter, up 13.4% year on year, and down 26.6% month on month. The company's Osino project in Namibia is expected to be put into operation in the first half of 2027, increasing the company's gold production capacity by 5 tons. The company's revenue for 2026-2028 is estimated to be 180/251/27.6 billion yuan, respectively, and net profit to mother is 44.0/65.2/7.24 billion yuan, respectively. The corresponding PE is 16.9/11.4/10.3 times, respectively. Maintain a “buy” rating.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.