Yankuang Energy Group Company (1171) Q1 2025 earnings summary

Executive summary

• Operating revenue for Q1 2025 was RMB30.31 billion, down 23.5% year-over-year due to lower coal prices and sales volumes.

• Net profit attributable to shareholders was RMB2.71 billion, a 27.9% decrease year-over-year.

• Coal production increased 6.3% to 36.80 million tons, but coal sales volume dropped 8.1% to 31.43 million tons.

• Major cost reductions were achieved, with coal sales cost down 32.2% year-over-year.

Financial highlights

• Operating income: RMB30.31 billion, down 23.5% year-over-year.

• Net profit attributable to shareholders: RMB2.71 billion, down 27.9% year-over-year.

• Basic EPS: RMB0.27, down 31.3% year-over-year.

• Net cash flow from operating activities: RMB3.66 billion, down 33% year-over-year.

• Total assets at period end: RMB366.77 billion, up 2.3% from year-end 2024.

Outlook and guidance

• Lower coal prices and sales volumes are expected to continue impacting revenue and profit.

• The company is focusing on cost control and operational efficiency to mitigate market headwinds.