Sichuan Chuantou Energy Co. (600674) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was RMB 329.18 million, down 9.56% year-over-year due to lower power generation affected by water inflow.

• Net profit attributable to shareholders was RMB 1.45 billion, a decrease of 1.76% compared to Q1 2025.

• Operating cash flow increased 31.42% year-over-year, reflecting improved collections from subsidiaries.

Financial highlights

• Total assets at quarter-end reached RMB 71.60 billion, up 1.88% from year-end 2025.

• Shareholders’ equity rose 3.33% to RMB 46.38 billion.

• Basic and diluted EPS were RMB 0.2980, down 1.75% year-over-year.

• Gross margin and operating profit both declined, with total profit down 3.18% year-over-year.

Outlook and guidance

• Revenue and profit declines attributed to lower power generation due to hydrological conditions and reduced investment income from associates.