Pingdingshan Tianan Coal Mining (601666) Q3 2026 earnings summary

Executive summary

• Q3 revenue was RMB 7.032bn, up 49.75% YoY; 9M revenue reached RMB 19.312bn, up 30.35%, driven by higher coal sales volume and prices.

• 9M attributable net income was RMB 669.7m, up 139.45% YoY; Q3 attributable net income was RMB 352.9m, up 1,518.30%.

• Q3 financial statements were unaudited.

Financial highlights

• Q3 total profit was RMB 568.6m, up 578.84% YoY; 9M total profit was RMB 1.142bn, up 158.44%.

• Q3 adjusted net income, excluding non-recurring items, was RMB 356.3m, up 556.90% YoY; 9M adjusted net income was RMB 658.6m, up 95.34%.

• 9M operating revenue was RMB 19.312bn versus RMB 14.816bn a year earlier; operating costs were RMB 15.664bn versus RMB 11.999bn.

Key financial ratios and metrics

• Q3 basic EPS was RMB 0.1429, up 1,523.86% YoY; diluted EPS was RMB 0.1372, up 1,459.09%.

• 9M basic EPS was RMB 0.2712, up 140.00% YoY; diluted EPS was RMB 0.2651, up 134.60%.

• Average ROE was 1.60% for Q3, up 1.52 percentage points YoY, and 3.01% for 9M, up 2.08 points.