Jiangxi Copper Takes RMB1.53 Billion Asset Impairment for 2025

An update from Jiangxi Copper Company ( (HK:0358) ) is now available.

Jiangxi Copper Company has announced that its board has approved asset impairment provisions totaling RMB1.53 billion for the 2025 financial year, following impairment testing conducted under Chinese accounting standards. The charges cover write-downs on inventories, fixed assets, construction in progress, other non-current assets, investment properties and credit-related losses, aiming to more accurately reflect the company’s financial position as of 31 December 2025.

The largest components include provisions for construction in progress and other non-current assets, alongside a RMB102.72 million inventory write-down driven by measuring stocks at the lower of cost and net realizable value. Management emphasized that inventory purchases and hedging of copper raw materials are aligned with production plans and market demand, with ongoing hedging strategies used to mitigate price fluctuation risks and limit the operational impact of past high-cost raw material purchases.

The most recent analyst rating on (HK:0358) stock is a Hold with a HK$47.00 price target. To see the full list of analyst forecasts on Jiangxi Copper Company stock, see the HK:0358 Stock Forecast page.

More about Jiangxi Copper Company

Jiangxi Copper Company Limited is a major Chinese non‑ferrous metals producer focused on copper mining, smelting and processing, along with related metal products. The group operates an integrated value chain from raw material procurement to finished copper products, serving industrial customers in China and global markets and actively managing exposure to commodity price volatility.

Average Trading Volume: 23,250,856

Technical Sentiment Signal: Buy

Current Market Cap: HK$156.3B

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