Guangxi Guiguan Electric PowerCo (600236) Q2 2025 earnings summary

Executive summary

• Net profit attributable to shareholders was RMB 1.19 billion, down 17.37% year-over-year due to lower hydropower output and reduced wind/solar tariffs.

• Operating revenue reached RMB 4.15 billion, a 13.99% decrease compared to the same period last year.

• Total assets stood at RMB 50.56 billion at the end of June 2025, up 0.70% from year-end 2024.

• Cash flow from operating activities was RMB 2.91 billion, up 0.88% year-over-year.

• Interim dividend of RMB 0.5 per 10 shares, totaling RMB 394 million.

Financial highlights

• Net profit attributable to shareholders: RMB 1.19 billion, down 17.37% year-over-year.

• Operating revenue: RMB 4.15 billion, down 13.99% year-over-year.

• Basic EPS: RMB 0.1467, down 17.07% year-over-year.

• Net assets attributable to shareholders: RMB 20.09 billion, up 6.31% from year-end 2024.

• Asset-liability ratio: 53.68%, down 2.62 percentage points from year-end 2024.

Outlook and guidance

• Focus remains on cost control, efficiency improvement, and expanding clean energy investments.

• Plans to optimize equity investment structure and further integrate assets in hydropower and wind sectors.

• Continued emphasis on green energy development and digital transformation.