Shenzhen Energy Group (000027) H2 2025 earnings summary

Executive summary

• Achieved revenue of ¥43.43 billion, up 5.38% year-over-year, with net profit attributable to shareholders of ¥2.10 billion, up 4.90% year-over-year.

• Clean energy installed capacity reached 76.48% of total, with significant new investments in gas, wind, and solar power.

• Environmental business expanded, with 45 solid waste plants in operation and 8.33% growth in waste processing volume.

• Natural gas sales volume rose 19.85% year-over-year, with nearly 120 million residential and 23,000 industrial/commercial users.

• Cash dividend of ¥1.60 per 10 shares proposed, totaling ¥761 million, representing 100% payout of distributable profit.

Financial highlights

• Operating income: ¥43.43 billion, up 5.38% year-over-year.

• Net profit attributable to shareholders: ¥2.10 billion, up 4.90% year-over-year.

• Net profit after non-recurring items: ¥1.87 billion, up 11.03% year-over-year.

• Operating cash flow: ¥11.82 billion, up 22.94% year-over-year.

• Basic and diluted EPS: ¥0.31, up 10.71% year-over-year.

• Total assets: ¥171.95 billion, up 6.55% from previous year-end.

• Net assets attributable to shareholders: ¥50.33 billion, up 3.95% from previous year-end.

Outlook and guidance

• 2026 is designated as the “Year of Capability Deepening,” focusing on safety, efficiency, green development, and management excellence.

• Plans to accelerate clean energy and environmental business, expand in key regions, and pursue overseas opportunities.

• Will continue to invest in new energy, storage, and digital transformation, and strengthen risk management.