Inner Mongolia Yitai Coal ( 900948) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was RMB 10.56 billion, down 14.99% year-over-year due to lower coal prices.

• Net profit attributable to shareholders was RMB 1.28 billion, a 28.81% decrease year-over-year.

• Cash flow from operating activities increased 28.69% to RMB 2.08 billion, mainly due to reduced payments for goods.

Financial highlights

• Operating income: RMB 10.56 billion, down from RMB 12.43 billion year-over-year.

• Net profit: RMB 1.28 billion, down from RMB 1.80 billion year-over-year.

• Basic EPS: RMB 0.44, down 29.03% year-over-year.

• Total assets at quarter-end: RMB 87.21 billion, up 3.92% from year-end 2024.

• Shareholders' equity: RMB 49.66 billion, up 3.17% from year-end 2024.

Outlook and guidance

• Management attributes declines in revenue and profit to lower coal sales prices and expects continued market pressure.