Sichuan New Energy Power Company (000155) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached ¥3.34 billion, up 124.78% year-over-year, driven by strong lithium and renewable energy sales.

• Net profit attributable to shareholders was ¥706 million, up 130.73% year-over-year, with EPS at ¥0.38.

• Lithium business saw significant volume and price increases; wind and solar power generation also grew.

• The company proposes a cash dividend of ¥2.60 per 10 shares, totaling ¥480 million.

Financial highlights

• Operating income: ¥3.34 billion, up 124.78% year-over-year.

• Net profit attributable to shareholders: ¥706 million, up 130.73% year-over-year.

• Operating cash flow: ¥464 million, down 13.68% year-over-year.

• Gross margin for lithium business: 49.76%; wind/solar: 71.19%.

• Total assets: ¥29.02 billion, up 4.05% from year-end 2025.

• Net assets: ¥11.19 billion, up 6.82% from year-end 2025.

Outlook and guidance

• The company will continue expanding lithium and renewable energy capacity, leveraging resource advantages in Sichuan.

• Focus remains on scaling wind, solar, and lithium operations, with ongoing project investments and resource integration.

• Dividend policy aims to balance shareholder returns and future growth.