Henan Shenhuo Coal Industry and Electricity Power (000933) Q3 2026 earnings summary

Executive summary

• Q3 revenue was ¥13.045bn, up 23.34% YoY; net profit attributable to shareholders was ¥2.705bn, up 70.66% YoY. document-source1

• 9M revenue reached ¥37.836bn, up 22.03%; attributable net profit was ¥7.487bn, up 114.54%, driven by higher coal and aluminum prices and lower alumina prices. document-source1 document-source2

• Q3 financial statements were unaudited. document-source0

Financial highlights

• Q3 adjusted net profit was ¥2.699bn, up 71.99% YoY; 9M adjusted net profit was ¥7.484bn, up 109.10%. document-source1

• 9M operating profit was ¥11.946bn, up 105.57%; net profit was ¥9.343bn, up 121.08%. document-source3

• 9M operating cash flow was ¥11.112bn, up 61.09%; cash and cash equivalents at period-end were ¥11.976bn. document-source1 document-source4

Segment performance

• Aluminum processing recorded higher volume and prices, lifting revenue; longer customer payment terms also increased receivables. document-source2

• Aluminum ingot sales represented a lower share of product sales, reducing related freight and handling costs. document-source2

• Yunnan Shenhuo Aluminum’s profitability rose substantially, supported by higher aluminum prices and lower alumina costs. document-source3