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Huaibei Mining (600985) investor relations material
Huaibei Mining Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 was RMB 10.17 billion, down 3.72% year-over-year.
Net profit attributable to shareholders was RMB 491 million, a 29% decrease year-over-year.
Operating cash flow increased 131.44% year-over-year to RMB 1.02 billion.
Decline in profit mainly due to lower coal sales prices compared to the same period last year.
Financial highlights
Total assets at quarter-end were RMB 90.21 billion, up 1.33% from year-end 2025.
Shareholders’ equity reached RMB 42.00 billion, up 1.35% from year-end 2025.
Basic and diluted EPS were both RMB 0.18, down 30.77% year-over-year.
Gross margin and operating profit both declined due to lower coal prices.
Non-recurring profit items totaled RMB 8.45 million, mainly from government subsidies and asset disposals.
Outlook and guidance
Management attributes profit decline to market-driven coal price reductions.
Focus remains on core product sales and cost control to stabilize future performance.
- Revenue and profit fell sharply, but cost control and innovation supported stable operations.600985
Q4 202528 Mar 2026 - Revenue and profit plunged, but ethanol sales revenue soared over 200% year-over-year.600985
Q2 202516 Dec 2025 - H1 2024 saw sharp declines in profit and sales as coal and chemical prices and volumes fell.600985
Q2 202416 Dec 2025 - Revenue and profit fell sharply, but cash flow and dividends remain robust.600985
Q4 202415 Dec 2025 - Revenue and profit plunged as coal output and prices fell, pressuring financial results.600985
Q3 202511 Dec 2025 - Revenue up, but net profit and EPS down sharply; cash flow and equity improved.600985
Q3 202411 Dec 2025 - Revenue and profit dropped over 39% and 56% year-over-year amid coal market downturn.600985
Q1 202511 Dec 2025
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Next Huaibei Mining earnings date
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