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Side-by-side financial comparison of SILVERCORP METALS INC (SVM) and Vale S.A. (VALE), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Vale S.A. is the larger business by last-quarter revenue ($8.8B vs $223.8M, roughly 39.3× SILVERCORP METALS INC). Vale S.A. runs the higher net margin — -1.3% vs 24.3%, a 25.5% gap on every dollar of revenue.

Silvercorp Metals Inc. (Silvercorp) is a Canadian-based, China-focused precious metals company engaged in the acquisition, exploration, and development of silver-containing properties.

Vale, formerly Companhia Vale do Rio Doce, is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale is the largest producer of iron ore and nickel in the world. It also produces manganese, ferroalloys, copper, bauxite, potash, kaolin, and cobalt; as of 2014 the company operated nine hydroelectricity plants, and a large network of railroads, ships, and ports used to transport its products.

SVM vs VALE — Head-to-Head

Bigger by revenue
VALE
VALE
39.3× larger
VALE
$8.8B
$223.8M
SVM
Higher net margin
VALE
VALE
25.5% more per $
VALE
24.3%
-1.3%
SVM

Income Statement — Q3 2026 vs Q2 2025

Metric
SVM
SVM
VALE
VALE
Revenue
$223.8M
$8.8B
Net Profit
$-2.9M
$2.1B
Gross Margin
30.9%
Operating Margin
22.8%
Net Margin
-1.3%
24.3%
Revenue YoY
-11.3%
Net Profit YoY
-22.9%
EPS (diluted)
$0.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
SVM
SVM
VALE
VALE
Q4 25
$223.8M
Q2 25
$72.2M
$8.8B
Q4 24
$172.5M
Q3 24
$114.0M
Q2 24
$60.0M
$9.9B
Q4 23
$174.0M
Q3 23
$115.3M
Q2 23
$63.6M
$9.7B
Net Profit
SVM
SVM
VALE
VALE
Q4 25
$-2.9M
Q2 25
$28.1M
$2.1B
Q4 24
$42.1M
Q3 24
$28.0M
Q2 24
$13.2M
$2.8B
Q4 23
$18.8M
Q3 23
$3.9M
Q2 23
$14.1M
$928.0M
Gross Margin
SVM
SVM
VALE
VALE
Q4 25
Q2 25
30.9%
Q4 24
Q3 24
Q2 24
36.0%
Q4 23
Q3 23
Q2 23
38.6%
Operating Margin
SVM
SVM
VALE
VALE
Q4 25
Q2 25
22.8%
Q4 24
30.5%
Q3 24
30.7%
Q2 24
30.0%
39.1%
Q4 23
16.8%
Q3 23
10.4%
Q2 23
30.5%
29.7%
Net Margin
SVM
SVM
VALE
VALE
Q4 25
-1.3%
Q2 25
39.0%
24.3%
Q4 24
24.4%
Q3 24
24.5%
Q2 24
22.0%
27.9%
Q4 23
10.8%
Q3 23
3.4%
Q2 23
22.1%
9.6%
EPS (diluted)
SVM
SVM
VALE
VALE
Q4 25
Q2 25
$0.50
Q4 24
Q3 24
Q2 24
$0.65
Q4 23
$0.11
Q3 23
Q2 23
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
SVM
SVM
VALE
VALE
Cash + ST InvestmentsLiquidity on hand
$5.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$40.5B
Total Assets
$90.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
SVM
SVM
VALE
VALE
Q4 25
Q2 25
$5.5B
Q4 24
Q3 24
Q2 24
$6.5B
Q4 23
Q3 23
Q2 23
$5.0B
Stockholders' Equity
SVM
SVM
VALE
VALE
Q4 25
Q2 25
$40.5B
Q4 24
Q3 24
Q2 24
$38.4B
Q4 23
Q3 23
Q2 23
$40.3B
Total Assets
SVM
SVM
VALE
VALE
Q4 25
Q2 25
$90.4B
Q4 24
Q3 24
Q2 24
$86.6B
Q4 23
Q3 23
Q2 23
$91.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
SVM
SVM
VALE
VALE
Operating Cash FlowLast quarter
$107.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue; lower = less reinvestment burden
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
SVM
SVM
VALE
VALE
Q4 25
$107.9M
Q2 25
$40.0M
Q4 24
$81.3M
Q3 24
$57.7M
Q2 24
$28.9M
Q4 23
$79.9M
Q3 23
$54.2M
Q2 23
$40.2M
Free Cash Flow
SVM
SVM
VALE
VALE
Q4 25
Q2 25
Q4 24
Q3 24
$33.8M
Q2 24
$17.0M
Q4 23
$45.7M
Q3 23
$31.5M
Q2 23
$24.3M
FCF Margin
SVM
SVM
VALE
VALE
Q4 25
Q2 25
Q4 24
Q3 24
29.6%
Q2 24
28.3%
Q4 23
26.2%
Q3 23
27.3%
Q2 23
38.1%
Capex Intensity
SVM
SVM
VALE
VALE
Q4 25
Q2 25
Q4 24
Q3 24
21.0%
Q2 24
19.8%
Q4 23
19.7%
Q3 23
19.7%
Q2 23
25.0%
Cash Conversion
SVM
SVM
VALE
VALE
Q4 25
Q2 25
1.42×
Q4 24
1.93×
Q3 24
2.06×
Q2 24
2.19×
Q4 23
4.25×
Q3 23
13.97×
Q2 23
2.85×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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