Shanxi Coking Coal Energy Group (000983) H1 2025 earnings summary

Executive summary

• Revenue for H1 2025 was ¥18.05 billion, down 16.3% year-over-year; net profit attributable to shareholders was ¥1.01 billion, down 48.44% year-over-year.

• Coal, coke, and power remain core businesses, with coal sales accounting for 57.58% of revenue.

• The company maintained strong cash flow from operations, up 78.88% year-over-year.

• A cash dividend of ¥0.36 per 10 shares was approved, totaling ¥204 million, representing 20.16% of net profit.

Financial highlights

• Operating income: ¥18.05 billion, down 16.3% year-over-year.

• Net profit attributable to shareholders: ¥1.01 billion, down 48.44% year-over-year.

• Basic and diluted EPS: ¥0.1786, down 48.43% year-over-year.

• Operating cash flow: ¥3.33 billion, up 78.88% year-over-year.

• Gross margin for coal: 47.55%; for coke: 8.90%; for power: 8.44%.

Outlook and guidance

• The company expects continued market volatility in coal and coke prices but sees stable demand for high-quality coking coal.

• Strategic focus remains on cost control, efficiency, and expanding high-end coal production.

• Ongoing investment in digitalization, green mining, and intelligent upgrades to enhance competitiveness.