Pingdingshan Tianan Coal Mining (601666) H1 2025 earnings summary

Executive summary

• Revenue for H1 2025 was ¥10.12 billion, down 37.95% year-over-year due to lower coal prices.

• Net profit attributable to shareholders was ¥257.86 million, a decrease of 81.53% year-over-year.

• Cash flow from operating activities dropped 91.40% year-over-year to ¥403.56 million.

• The company completed the acquisition of Wusu Sikeshu Coal Co., Ltd. and established Henan Yuzhi Shuneng Technology Co., Ltd.

Financial highlights

• Operating income: ¥10.12 billion (down 37.95% YoY).

• Net profit attributable to shareholders: ¥257.86 million (down 81.53% YoY).

• Basic EPS: ¥0.0972 (down 83.22% YoY).

• Total assets: ¥83.79 billion (up 9.29% from year-end 2024).

• Net assets attributable to shareholders: ¥26.99 billion (up 3.18% from year-end 2024).

Outlook and guidance

• Coal market remains under pressure but is expected to stabilize in H2 2025 as supply-demand improves.

• The company will continue cost control, efficiency improvements, and focus on high-quality development.