SDIC Power (600886) Q1 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2026 earnings summary
30 Apr, 2026Executive summary
Net profit attributable to shareholders rose 1.91% year-over-year to ¥2.12 billion in Q1 2026.
Total revenue decreased by 4.63% year-over-year to ¥12.51 billion.
Operating cash flow declined 5.45% year-over-year to ¥6.88 billion.
Financial highlights
Total assets at quarter-end reached ¥316.51 billion, up 0.93% from year-end 2025.
Shareholders’ equity increased 2.85% to ¥74.72 billion compared to year-end 2025.
Basic and diluted EPS were ¥0.2603, down 2.73% year-over-year.
Gross margin improved as operating costs fell faster than revenue.
Non-recurring gains contributed ¥2.21 million to net profit.
Key financial ratios and metrics
Weighted average ROE was 3.06%, down 0.37 percentage points year-over-year.
Net profit margin improved due to lower operating costs.
Latest events from SDIC Power
- Net profit grew 11.3% to RMB 7.39B as clean energy capacity and margins improved.600886
H2 202529 Apr 2026 - Net profit rose 2.10% year-over-year despite a 6.99% drop in operating revenue.600886
Q1 202519 Dec 2025 - Net profit up 12.19% and clean energy at 68.53% of capacity, with strong cash flow growth.600886
H1 202419 Dec 2025 - Revenue and net profit rose year-over-year, with strong operating cash flow growth.600886
Q3 202419 Dec 2025 - Revenue up 1.95%, net profit RMB 6.64B, 55% payout, clean energy at 70.4%.600886
H2 202419 Dec 2025 - Revenue and net profit fell year-over-year, but operating cash flow and assets increased.600886
Q3 202531 Oct 2025 - Net profit grew 1.36% to ¥3.80B as clean energy capacity reached 71.84%.600886
H1 202530 Aug 2025