Yankuang Energy Group Company (1171) Q3 2025 earnings summary

Executive summary

• Operating income for the first three quarters of 2025 was RMB104.96 billion, down 11.64% year-over-year.

• Net profit attributable to shareholders was RMB7.12 billion, a 39.15% decrease year-over-year.

• Declines primarily driven by lower coal and main product prices compared to the previous year.

Financial highlights

• Q3 2025 operating income: RMB38.26 billion, nearly flat year-over-year (-0.26%).

• Q3 2025 net profit attributable to shareholders: RMB2.29 billion, down 36.60% year-over-year.

• Basic EPS for Q3: RMB0.23, down 36.58% year-over-year; for nine months: RMB0.71, down 49.46%.

• Net cash flow from operating activities for nine months: RMB19.60 billion, down 12.17% year-over-year.

• Excluding financial subsidiary effects, net cash flow from operating activities fell 54% year-over-year.

Outlook and guidance

• Company expects continued market volatility and will focus on optimizing production and cost control.