SVMNYSEGold and Silver OresFiscal year ends March 31
SILVERCORP METALS INC
Financials through fiscal 2025, year ended Mar 31, 2025Last filing: 40-F on Jun 30, 2026
$9.77−0.01 (-0.10%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 34.9
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
41.3%+4.0 pts over 5 years
Operating margin
34.5%+1.7 pts over 5 years
Net margin
19.5%−2.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +38.9% | +21.7% | +13.5% | – | |
| Gross profit | +53.3% | +13.6% | +15.8% | – | |
| Operating income | +61.4% | +18.1% | +14.6% | – | |
| Net income | +60.3% | +23.8% | +11.2% | – | |
| EPS, diluted | +40.0% | +18.1% | +7.0% | – | |
| Free cash flow | +65.4% | +11.1% | +13.6% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 9.6% | 9.6% | |
| Return on assets | – | 6.8% | 6.3% | |
| Current ratio | – | 5.68 | 5.05 | |
| Interest coverage | – | 25.2× | 15.4× | |
| Inventory turnover | – | 10.3× | 22.7× | |
| Capex to revenue | – | 4.7% | 2.1% | |
| Diluted shares | – | 174M | 206M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Silvercorp Metals generated $509.13M from operations and spent $73.32M on capital expenditure, dividends and share buybacks. 69% of that went back into the business.
Generated
$509.13M
Used
$73.32M
Capital expenditure$50.74M69%Dividends$22.58M31%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin19.5%
×Asset turnover0.32×
×Equity multiplier1.52×
=Return on equity, FY20259.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 19.5% | 0.32× | 1.52× | 9.6% |
| FY2024 | 16.9% | 0.31× | 1.38× | 7.3% |
| FY2023 | 9.9% | 0.30× | 1.40× | 4.1% |
| FY2022 | 18.5% | 0.24× | 1.40× | 6.3% |
| FY2021 | 24.1% | 0.33× | 1.39× | 11.1% |
| FY2020 | 21.6% | 0.31× | 1.41× | 9.6% |
| FY2019 | 23.3% | 0.35× | 1.44× | 11.7% |
| FY2018 | 27.6% | 0.39× | 1.48× | 15.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$58.19M
- Cash generatingOperating cash flow above zero$138.63M
- Return on assets improvedROA up on the prior year5.4% → 8.3%
- Earnings backed by cashOperating cash flow above net income$138.63M vs $58.19M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose4.28 → 5.05
- No dilutionShare count did not rise179M → 206M
- Gross margin improvedGross margin up on the prior year37.45% → 41.34%
- More efficientAsset turnover rose0.32 → 0.43