Sichuan New Energy Power Company (000155) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached ¥1.22 billion, up 45.97% year-over-year, driven by higher lithium product prices and sales volume.

• Net profit attributable to shareholders was ¥266.79 million, a 12.65% increase year-over-year.

• Main businesses include wind and solar power generation, waste-to-energy, lithium mining, and lithium salt production.

• Lithium business saw significant growth in both production and sales, with 36,200 tons of lithium concentrate produced and 3,582.59 tons of lithium carbonate output.

Financial highlights

• Operating income: ¥1.22 billion, up 45.97% year-over-year.

• Net profit attributable to shareholders: ¥266.79 million, up 12.65% year-over-year.

• Basic and diluted EPS: ¥0.14, up 7.69% year-over-year.

• Net cash flow from operating activities: -¥320.94 million, down 244.21% year-over-year.

• Total assets at period end: ¥28.70 billion, up 2.87% from year-end 2025.

Outlook and guidance

• Revenue growth expected to continue, supported by lithium market recovery and increased sales.

• Ongoing expansion in new energy and lithium segments anticipated to drive future performance.