Shaanxi Coal Industry Company (601225) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was RMB 38.95 billion, down 3.01% year-over-year.

• Net profit attributable to shareholders was RMB 4.21 billion, a 12.38% decrease year-over-year.

• Coal production and sales volumes increased, while power generation and sales saw double-digit growth.

Financial highlights

• Operating income: RMB 38.95 billion, down from RMB 40.16 billion year-over-year.

• Total profit: RMB 8.26 billion, down 2.57% year-over-year.

• Net cash flow from operating activities: RMB 9.68 billion, up 37.27% year-over-year.

• Basic and diluted EPS: RMB 0.4342, down 12.38% year-over-year.

• Weighted average ROE: 4.21%, down 0.93 percentage points year-over-year.

Outlook and guidance

• Management highlights increased coal output and power generation as positive operational trends.