Shaanxi Coal Industry Company (601225) investor relations material

Executive summary

• Achieved revenue of ¥158.18 billion, down 14.10% year-over-year; net profit attributable to shareholders was ¥16.76 billion, down 25.02% year-over-year.

• Coal production increased 2.58% to 174.89 million tons; coal sales decreased 2.53% to 251.88 million tons.

• Power generation rose 11.25% year-over-year to 41.85 billion kWh; electricity sales up 11.87%.

• Maintained industry-leading safety and environmental records, with zero fatalities and major incidents.

• Board proposes a cash dividend of ¥9.09 per 10 shares, total cash dividend of ¥9.189 billion, representing 54.81% of net profit.

Financial highlights

• Operating income: ¥158.18 billion, down 14.10% year-over-year.

• Net profit attributable to shareholders: ¥16.76 billion, down 25.02% year-over-year.

• Operating cash flow: ¥35.27 billion, down 16.72% year-over-year.

• Basic EPS: ¥1.73, down 25.10% year-over-year.

• Gross margin: 29.06%, down 3.63 percentage points year-over-year.

Outlook and guidance

• 2026 coal demand expected to remain stable; power consumption projected to grow 5–6%.

• Company targets high-quality growth, cost control, green transformation, and innovation.

• Capital expenditure plan for 2026 is ¥16.76 billion, focusing on power and coal projects.