Kaishan Group Co (300257) H1 2026 earnings summary

Executive summary

• Revenue for the first half of 2026 reached ¥2.49 billion, up 10.64% year-over-year; net profit attributable to shareholders was ¥191 million, a 0.44% increase year-over-year.

• Gross margin for geothermal power business was 55.43%, and for compressors 30.07%.

• The company continued to expand globally in compressors and geothermal energy, with significant new projects and R&D breakthroughs.

Financial highlights

• Operating income: ¥2.49 billion, up 10.64% year-over-year.

• Net profit attributable to shareholders: ¥191 million, up 0.44% year-over-year.

• Operating cash flow: ¥249 million, up 10.08% year-over-year.

• Total assets at period end: ¥17.24 billion, up 1.45% from year-end 2025.

• Net assets attributable to shareholders: ¥6.48 billion, down 2.27% from year-end 2025.

Outlook and guidance

• The company is actively expanding into green hydrogen, ammonia, and methanol, leveraging geothermal technology for new growth.

• Ongoing international expansion, especially in Africa, Southeast Asia, and North America, is expected to drive future performance.

• Continued focus on R&D and innovation in high-end compressors and renewable energy solutions.