Yankuang Energy Group Company (1171) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached RMB 34.59 billion, up 1.8% year-over-year, with net profit attributable to shareholders at RMB 3.955 billion, a 42.1% increase year-over-year.

• Significant non-recurring gains from the sale of 100% equity in XinTai Company contributed RMB 2.89 billion to net profit.

• Coal sales volume increased 3.1% year-over-year, while coal production volume declined 6.3%.

• Coal product profitability declined, but overall net profit rose due to asset disposals.

Financial highlights

• Operating income: RMB 34.59 billion, up 1.8% year-over-year.

• Net profit attributable to shareholders: RMB 3.955 billion, up 42.1% year-over-year.

• Operating cash flow: RMB 6.18 billion, up 73.4% year-over-year.

• Basic EPS: RMB 0.396, up over 42% year-over-year.

• Total assets: RMB 469.0 billion, up 3.5% from year-end 2025.

Outlook and guidance

• 2026-2028 shareholder return plan proposes cash dividends of about 50% of net profit after legal reserves, pending shareholder approval.

• 2025 dividend proposal: RMB 0.32/share, total payout RMB 5.02 billion, representing over 62% of net profit.